Are you the Fourth member of the band?
Claire Taylor - 6th August 2020
My Property Circles helps people break down the barriers of owning investment property, through shared investing. With lower costs to entry, this means you can buy multiple investment properties and share the costs of deposits and expenses!
Joint venture investing isn't a new concept but the protection and the ease of putting together the structure has always represented complexities and been a barrier to moving forward.
Until now that is...
A Property Circle is a Unit Trust with a Corporate Trustee that is in charge of the day to day operations of the Circle. The Corporate Trustee works with My Property Circles’ support for all things legal, accounting, mortgage conveyancing, property management
and the overall smooth running of the Property Circle Unit Trust.
While fully supported by My Property Circles and key suppliers, final decisions are made by the Unit holders and the Director/s of the Property Circle Unit Trust.
We need one or two more members for NZ’s first Property Circle.
There is an exciting opportunity to invest in property in New Zealand – location to be decided by you!
Three Directors of My Property Circles NZ have formed their own Circle – and they are looking for like minded investors to join them.
What is the aim of this Property Circle?
The Circle’s mandate is determined by all the members of the Circle, and their initial vision is to create a Property Circle that will:
- Purchase 4 properties in 5 years, with a price point of approximately $600,000
- Select properties with a strong rental yield and capacity for capital gain.
- Aim for each member to invest between $20,000 and $30,000 each year.
If you are interested in investing in NZ's first Property Circle send us an email and we will be in touch.