\u201cWhat we would recommend is having a strategic view.<\/p>\n
\u201cA strategic view really helps to understand what kind of investor you are, what kind of time horizon you have, what kind of appetite for risk you want to take on, and overall, it really needs to align with what you want to achieve, your goals.\u201d<\/p>\n
With its launch this morning, Housies has eight properties open for investment. <\/p>\n
And investors will live in the properties, which is what James Jordan, the chief executive, says makes Housies unique. <\/p>\n
\u201cAn investor who owns at least 2% of the home will live in it, and they will pay a 4% occupation licence fee on the portion they don\u2019t own,\u201d he said. <\/p>\n
New investment platfrom Housies was founded by Auckland entrepreneurs James Jordan (chief executive), Ricky Jack (chief medical officer) and Paul Sadler (chief operating officer). Photo \/ Supplied<\/p>\n
\u201cOur model means a homeowner is in the property, and that ensures the property is cared for and looked after,\u201d he said. <\/p>\n
\u201cThere is no model like this in the world. Housies is an all-encompassing solution to get more Kiwis into homes, while others are able to invest to create equity for their future.\u201d<\/p>\n
Jordan described the platform as \u201clevelling the playing field\u201d.<\/p>\n
The minimum investment amount is $100. Investors will be able to monitor their portfolios using an online dashboard, through which they can buy and sell shares and get updates. <\/p>\n
\u201cThis is about putting the power of property back in the hands of everyday Kiwis,\u201d Jordan said. <\/p>\n
\u201cWe\u2019re effectively banding people together to buy a property, allowing them to buy a slice of a house and grow from there.\u201d<\/p>\n
He said it was a \u201cgreat option\u201d for new home buyers or people wanting to diversify their investments. And while similar models are working overseas, Jordan said \u201cour model and our team … sets Housies apart\u201d. <\/p>\n
\u201cWe\u2019ve built a robust platform and assembled a team which truly understands the market,\u201d he said. <\/p>\n
\u201cEvery New Zealander should have the opportunity to participate in property ownership. This tool is opening the door to a more flexible way to enter the property market.\u201d<\/p>\n
Founder Ricky Jack said he \u201cliterally had the idea while I was in the shower\u201d three and a half years ago. <\/p>\n
\u201cIt felt impossible to buy a home on a single income, so I was thinking about investing some money in a friend\u2019s property. I thought there should be an easier way to do it, and that was the genesis of Housies.\u201d<\/p>\n