Get a free, no obligation personal loan quote with rates as low as 9.90%
Get Started You can apply with no impact to your credit score

Investing in real estate can be a costly and involved process and often requires a large downpayment. Enter BuyProperly, a new online platform that allows any Canadian investor to add real estate to their portfolios. We spoke with the team behind BuyProperly to learn about how their making real estate investing more accessible.

Let’s start from the beginning, what is BuyProperly and where did the idea come from?

BuyProperly is an online exchange for fractional real estate deals. It allows people to have real estate investment without having to pay large minimum down payments, and without taking on a mortgage.

The idea came from my own personal struggles dealing with property purchase and investment. Having graduated with a huge student debt myself, I am quite wary of taking on additional debt but wanted to own real estate. Looking around, I realized there are a lot of people in the same boat. 

How can a regular investor invest in real estate through BuyProperly?

The investment process is simple and completely online. You sign-up, provide details (for KYC/ AML checks etc.), choose the property you want to invest in and click buy and proceed to payment and your investment is done. You receive net rental income in proportion to your investment, and when we exit the property through sale, a share of the sale price in proportion to your investment. In the background, of course, we run checks and make sure the investment is suitable for you. 

What advantages does BuyProperly offer investors over other methods of investing?

  1. Low minimum investment- we provide investors option to invest in a property of their choice for as low as $2500
  2. No operational hassles- BuyProperly takes care of sourcing, valuation, renting and maintaining the property.
  3. No additional debt/ mortgage and no impact in credit score. You would continue to qualify for first time home buyers scheme as well.

What type of real estate is available to invest in?

Currently, primarily residential in Canada.

Do you have any plans to expand the type of real estate your clients can invest in?

Yes, we are looking to add other types of real estate such as commercial, pre-construction to the mix, and expand also in terms of locations.

Why should Canadians consider investing in real estate? And is there a particular type of investor you think would benefit from choosing BuyProperly?

Everyone should have some real estate in their investment portfolio so as to diversify their investment risks. Real estate private investments are not correlated to stock markets, are less volatile and are also a good hedge against inflation. For example, when stock markets fell by up to 30% in Jan/Feb, real estate stayed almost stable with limited movement.

Customers who do not have the huge down payment required to buy real estate, and those who want to avoid the operational hassles of being a landlord benefit most from our platform, where we make investing in real estate as easy as ordering on Amazon. 

While we are very popular amongst millennials, we are equally popular among busy professionals who do not have the time to do the analysis and manage operational hassles. 

What role does A.I. play in the way BuyProperly helps Canadians invest in real estate?

BuyProperly is working on quite a few AI initiatives – we leverage AI for sourcing of properties, i.e. for identifying the right properties to invest in. We are also working on leveraging AI in other parts of the process and in property management. 

Finally, do you have any plans for the future of BuyProperly you would like to share with us?

We are working towards building a secondary exchange (marketplace) that allows people to trade their shares from their real estate portfolio like they would trade stocks and hence provide an easy exit option for our customers. We are growing BuyProperly in Canada, and are looking to enter the US market, so Canadians can invest both in the US and Canada at the click of a button. 

Caitlin Wood, BA avatar on Loans Canada
Caitlin Wood, BA

Caitlin Wood is the Editor-in-Chief at Loans Canada and specializes in personal finance. She is a graduate of Dawson College and Concordia University and has been working in the personal finance industry for over eight years. Caitlin has covered various subjects such as debt, credit, and loans. Her work has been published on Zoocasa, GoDaddy, and deBanked. She believes that education and knowledge are the two most important factors in the creation of healthy financial habits. She also believes that openly discussing money and credit, and the responsibilities that come with them can lead to better decisions and a greater sense of financial security.

More From This Author

Special Offers

More From Our Experts

https://loanscanada.ca/wp-content/uploads/2024/10/Cottage-mortgage.png
How To Get A Mortgage On A Cottage In Canada: The Ultimate Guide

By Sean Cooper
Published on October 1, 2024

From larger down payments to passing the stress test and understanding the tax implications, there’s a lot to consider when buying a cottage.

https://loanscanada.ca/wp-content/uploads/2020/11/Buying-House-Consumer-Proposal.png
Can You Get A Mortgage While In A Consumer Proposal?

By Jessica Martel

Are you currently in the middle of a consumer proposal but thinking about buying a home? This is everything you need to know.

https://loanscanada.ca/wp-content/uploads/2017/12/safe-investments-canada.png
Top Safe Investments In Canada: Best Low-Risk Ways To Invest In 2024

By Tony Dong, MSc, CETF

Looking to start investing your hard earned money to prepare for the future? Keep reading because we're talking all about risky vs. safe investments.

https://loanscanada.ca/wp-content/uploads/2021/08/Renting-Out-Your-Basement-Suite-1.png
Renting Out Your Basement Suite

By Lisa Rennie

Check out how turning your basement into a suite and renting it out is one of the most effective ways to invest in real estate and grow wealth.

https://loanscanada.ca/wp-content/uploads/2024/09/Shortsale.png
What Is A Short Sale In Canada?

By Lisa Rennie

What is a short sale, when does it occur and what are the financial repercussions?

https://loanscanada.ca/wp-content/uploads/2020/12/Consolidate-Tax-Debt.png
Can You Consolidate Tax Debt in Canada?

By Sandra MacGregor

There are many ways you can consolidate tax debt in Canada. Find out how you can consolidate your tax debt to avoid penalties from the CRA.

https://loanscanada.ca/wp-content/uploads/2024/09/car-repossession-loopholes.png
Can You Get Your Car Back After Repossession?

By Jun Ho

Are you afraid your car may be repossessed? Check out these car repossession loopholes you can use in Ontario to help avoid the repossession.

https://loanscanada.ca/wp-content/uploads/2024/09/senior-care-heloc.png
Can You Use Your Home Equity To Pay For Long-Term Senior Care?

By Lisa Rennie

While some seniors have enough savings to cover long-term care, others do not. Find out how you can finance these costs, including using your home equ...

Recognized As One Of Canada's Top Growing Companies

Loans Canada, the country's original loan comparison platform, is proud to be recognized as one of Canada's fastest growing companies by The Globe and Mail!

Read More

Why choose Loans Canada?

Apply Once &
Get Multiple Offers
Save Time
And Money
Get Your Free
Credit Score
Free
Service
Expert Tips
And Advice
Exclusive
Offers

Build Credit For Just $10/Month

With KOHO's prepaid card you can build a better credit score for just $10/month.

Koho Prepaid Credit Card