{"id":789977,"date":"2026-07-09T06:49:21","date_gmt":"2026-07-09T06:49:21","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/789977\/"},"modified":"2026-07-09T06:49:21","modified_gmt":"2026-07-09T06:49:21","slug":"montreal-financial-advisor-launches-owni-solution-to-barriers-many-face-when-purchasing-real-estate","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/789977\/","title":{"rendered":"Montreal financial advisor launches OWNI: solution to barriers many face when purchasing real estate"},"content":{"rendered":"<p>For a growing number of buyers, owning a home alone just isn\u2019t realistic anymore. One Montreal entrepreneur built OWNI; a platform to match people who want to buy together. <\/p>\n<p>Lin Sok is the founder of <a href=\"https:\/\/owni.ai\/\" rel=\"nofollow noopener\" target=\"_blank\">OWNI<\/a>, and she explains what led her to create this company.<\/p>\n<p>\u201cPeople have a real block when it comes to buying real estate, so they want to buy it. They do all the right things, but then when it comes to taking action, the process is so overwhelming,\u201d said Sok.<\/p>\n<p>\u201cThere\u2019s definitely a trend in co-buying, mainly because real estate prices have gone up for a while, for at least the last 10, 15 years. It\u2019s the most affordable way to get into the real estate market.\u201d<\/p>\n<p>Adding, \u201cRight now, who we\u2019re targeting are people who are interested in buying the smaller plexuses. So the duplex, triplex, fourplex, there\u2019s a big demand for that, except that people tend to, they tend to not be able to qualify by themselves, but there\u2019s interest there, mainly because they\u2019ve seen their parents do it.\u201d<\/p>\n<p>While it started off being the Tinder of co-buying, Sok says, it was cute and fun, \u201cand we\u2019ve graduated from it.\u201d<\/p>\n<p>Sok started collaborations with realtors branded as Open House by Owni Connect, and she says, \u201cthe goal of these open houses is to attract people who wouldn\u2019t normally visit a triplex. And even if you\u2019re not ready today, well what do you need to do in order to get ready tomorrow?\u201d<\/p>\n<p>She explains, \u201cNot everybody has a mother, brother, uncle, friend who\u2019s willing to partner with them in order to buy real estate. But if we don\u2019t do it as the average people, then who\u2019s going to be left to buy the residential and the commercial real estate out there? That\u2019s what\u2019s really driving up the cost and the value of property.\u201d<\/p>\n<p>Sok continues, \u201cPeople who own 100 doors (rentals), they\u2019re established, and they ask, well, what\u2019s it to me? If you own a business and you can\u2019t get anybody to come in to work for you because nobody lives in the area, that\u2019s a problem. If you\u2019re a real estate investor and you own X amount of doors, eventually you\u2019ll need to sell. Well, who\u2019s going to be left to buy your properties and at what cost? Real estate is the foundation of every economy, and that\u2019s why we should care. We should care. It\u2019s cyclical. So even if the problem doesn\u2019t affect you directly, 100 per cent affects you indirectly.\u201d<\/p>\n<p>Sok believes in her messaging. She is confident in the solution her app brings to the struggle of owning real estate. She says, \u201cHow are we going to solve this and why are we going to be the ones to dominate globally?\u201d<\/p>\n<p>An important tip she offers: \u201cGet a legal agreement in place. Everybody\u2019s happy when things work out, but then what happens when there\u2019s a disagreement, or somebody wants out?<\/p>\n<p>\u201cAny type of investment requires planning ahead of time. It doesn\u2019t happen overnight. So the more you know, the better you could plan, and the earlier you start, the better, because real estate is just going to go up.\u201d<\/p>\n<p>\t\t\t\t\t<img width=\"1024\" height=\"564\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/07\/Lin_owni.jpg\" class=\"attachment-large size-large wp-post-image\" alt=\"\" ratio=\"16x9\" decoding=\"async\" fetchpriority=\"high\"  \/>\t\t\t\t\t<\/p>\n<p>\t\t\t\tLin Sok poses at an OWNI event (Credit: Lin Sok Instagram) <\/p>\n<p>\t\tKeep it Factual<\/p>\n<p>Add CityNews Montreal as a trusted source on Google to see more local stories from us.<\/p>\n<p>\t\t<a href=\"https:\/\/www.google.com\/preferences\/source?q=montreal.citynews.ca\" rel=\"nofollow noopener\" target=\"_blank\"><br \/>\n\t\t<img loading=\"lazy\" decoding=\"async\" class=\"add-trusted-source-badge\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/06\/1782077411_500_google-trusted-badge.png\" alt=\"Add as a preferred source on Google\" width=\"198\" height=\"63\"\/><br \/>\n\t\t<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"For a growing number of buyers, owning a home alone just isn\u2019t realistic anymore. One Montreal entrepreneur built&hellip;\n","protected":false},"author":2,"featured_media":789978,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[194292],"tags":[49,48,2338],"class_list":["post-789977","post","type-post","status-publish","format-standard","has-post-thumbnail","category-montreal","tag-ca","tag-canada","tag-montreal"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/789977","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=789977"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/789977\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/789978"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=789977"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=789977"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=789977"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}