Housers is a platform registered in Spain and it grabbed my attention with its clear and simple interface and very juvenile look. I liked the fact that they operate on a market which is post huge real estate crisis. It would mean although picking up, the market will remain conservative and stable for the next 15 years.
I did my research and read reviews of other bloggers who have already experienced a few real estate crowdfunding platforms and had good base for comparison.
How does the platform work?
As every crowdfunding platforms, there are projects listed, asking for funds. Starting from 200 000 eur up to 1 000 000 000 eur, the minimum investment per project is 50 eur
There are different kind of opportunities:
- Buy-to-Let Opportunities
- Buy-to-Sell Opportunities
- Development Loan Opportunities
What I did wrong was to make my first investment based on emotions :))) It was two days before my birthday and that was the month of my “growing up decisions”. That didn’t go well. I chose a Buy-To-Rent property from the secondary market which was not generating rent. The purchase was made for the sole reason that it was located in my favourite city – Florence.
Shortly after my first investment trial, I decided I can do better 🙂 Subsequently, I started choosing my properties with “investment” perspective, not as if I am choosing a destination for a romantic trip. Ever since my experience is smooth and positive.
I already cut my emotional attachment to the very first investment and sold it with no profit and no loss, did the same with one more property, which was a buy-to-sell property, but there was no positive progress for months.
Here is how my portfolio looks at the moment (August 2019)
Type of investments and distribution
So far my portfolio comprises of 8 properties. 2 of them are buy-to-rent, 3 are buy-to- sell – you get your profit after the sale of the property, and 3 with a fixed loan rate. Monthly I receive payments from the fixed loans and one of the buy to rent properties.
|Project||investment type||%||invested||total expected||up to now||duration of investment||start of investment|
|ALGARVE RESIDENCE||fixed interest rent||5||53||€13.25||€0.19||60 months||04-07-2019|
|GARCÍA LUNA||buy to let||3.95||€50.00||€9.60||€1.85||60 months||15-08-2018|
|PALAZZO PITTI||buy to let||2.6||€50.00||€1.35||€0.00||sold||–|
|OFELIA NIETO||buy to sell||6.93||€70.00||€4.94||€0.00||12 months||03-01-2019|
|BARRIO AZUL||buy to sell||7.51||€50.00||€3.76||€0.00||sold||–|
|RETIRO||buy to sell||7.27||€80.00||€5.82||€0.00||12 months||26-10-2018|
|SAN FRANCISCO EL GRANDE||buy to sell||7.16||€50.00||€3.58||€0.00||12 months||08-10-2018|
|MANILVA||fixed loan||9||€50.00||€4.50||€2.98||12 months||30-11-2018|
|ROYAL GOLF MIJAS||fixed loan||12.75||€50.00||€6.38||€3.38||18 months||11-10-2018|
|PALAZZO REDOGLIA||fixed loan||13.5||€200.00||€27.00||€14.95||18 months||02-10-2018|
Here is how the math looks like. That would be the total expected earning of my investments, if all properties, which are buy-to-sell, go by plan.
|Income from DCC transactions||0.00€|
|Credit card’s commission.||0.00€|
|NET EARNINGS AFTER TAXES AND FEES||16.10€|
|Bonus Refer-A-friend Registration||25.00€|
Taxes are cut at source, which for me works fine as a person living in Malta. There are regular promotions with regards to Housers‘ fees, which is always an extra bonus.
the best part for the end
Housers is a relativly conservative platform, the avarage of my investment is 7,57% but I registered from a link from a blogger, who just like me shared his experience. That got me extra 25 eur to invest. Till the end of August the bonus for anybody who uses a referral link is 50 eur :)) That pumps profitability of investment a lot :)))
At the time I am writing this article there is a “invite a friend promotion”. By registering from my link each (me and you) side receives 50 euros to be used in investment. I got such a promotion myself and by registering from a link from a fellow blogger- it is a really good present :). So if you feel like starting investing with Housers – be my guests!