With those prices out of reach for many Canadians earning average incomes, one company is using artificial intelligence to offer people a chance to enter the residential and commercial real estate market at a price point they can afford – by purchasing a fraction of the property, along with other buyers.
“When investing in a REIT, you are investing in a management team, and layers of portfolio management. With us, the investor is a direct owner of the property,” she said. However, like any investment, psychical real estate can also fall in value, she cautioned. BuyProperly is currently working to offer more U.S. and Canada-based properties and is looking to create a reoccurring investment model that could make it easier for customers to add more cash into these deals.