Addy (addyinvest.com) is welcoming new members with a $25 (CAD) cash bonus (referral below). Earn an additional $25 cash bonus for every person who claims their welcome reward using your unique referral link. More referral opportunities here.
Canada’s real estate market is red hot, but the average person is often priced out of participating in property investment. Not to mention legal and closing costs, property taxes, maintenance, and management. But now, there’s Addy, a crowdfunded real estate platform where you can buy shares of real estate for as little as $1. Plus, they take all the hassle out of property ownership.
See our real estate investing promotions page here. More investing promos here.
Let’s review Addy and their current offers below.
Addy $25 Welcome Offer
Enjoy a $25 (CAD) cash bonus when you use this referral link to join. There is no deposit requirement to receive the welcome reward. This offer is valid for new members only.
Addy Give $25, Get $25 Referral Program
If you refer a friend to be an Addy member, both you and your friend will receive a $25 (CAD) cash bonus. Plus, earn extra rewards – like a Starbucks gift card, Airpods Pro, PS5, and a MacBook Pro – when you hit certain milestones. To participate:
- Log into your account on your phone.
- Click the gift icon at the top right.
- Share your Addy handle or unique referral link with your friends.
- Get a $25 cash bonus for every friend who uses your handle or referral link to join as a member.
Click here for more referral program details.
How Does Addy Work?
Addy eliminates the barriers associated with real estate investing, including rising property prices, high risk, maintenance, and property management, by utilizing crowdfunding. It’s a lower-risk and more hands-off alternative to purchasing your own property with no down payments, no mortgages, and no renovations involved.
The platform provides vetted properties in Canada to members, who can invest as little as $1 to as much as $1,500 into a single property. Here’s how it works:
- The company identifies potential real estate properties to invest in. These go through a strict due diligence process and are vetted by the acquisitions team, investment committee, and Board of Directors.
- Addy divides the investment into $1 shares, regardless of property price. For example, a $400,000 opportunity will have 400,000 shares worth $1 each.
- The company sells the shares to investors. You can purchase up to 1,500 units per property. If you want to invest more money, you can spread your investments across several properties.
Once you’ve invested in an Addy property, you can make money two ways: through rental income and when the property is sold. Rental payments are passed back to investors in the form of distributions, and any appreciation of the property after it sells is paid back to investors along with their investment principal. Full details of returns and distributions are outlined in the offering memorandum, so make sure to read it thoroughly before investing.
Addy Investment Options
Members can choose investments under four different categories with varying risk profiles: Core, Core Plus, Value-Add, and Opportunistic.
Core properties are a good fit if you’re looking for a steady, passive income without much risk. These investments tend to have existing tenants with long-term leases when purchased by Addy. Income is fairly predictable and little oversight is needed. That said, Core properties also yield the lowest return potential.
Core Plus investments have low to moderate risk, and with that comes higher potential returns. Addy will make minor property improvements, increase tenant quality, and manage more efficiently to boost rental income cash flow.
Value-Add properties lean on the moderate to high-risk side. Expect a longer investment time to realize higher returns. Often, these investments are not cash-flow positive when acquired. Addy will make significant property upgrades, improve management, and implement better marketing strategies with Value-Add investments.
If your objective is long-term capital appreciation, you might be interested in Opportunistic real estate. These properties usually require rezoning or are vacant at the time of acquisition. If successful, Opportunistic investments will generate incredible cash flow over the span of up to ten years, after Addy makes the necessary property improvements.
It’s also important to note that Addy co-invests in their properties, which shows their confidence in the quality of their investments.
Bottom Line
Addy gives Canadians access to real estate opportunities, without any of the headache. All you need is $1 to invest.
See all the best real estate investing offers here. Other real estate investing options you may like:
See our brokerage and investment offers page here (includes offers from J.P. Morgan, Betterment, Tradestation and more).
READ MORE: SEE THE BEST BANK BONUSES HERE AND THE BEST INVESTING BONUSES HERE.
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