News

Meet BitOfProperty in Helsinki

BitOfProperty is organizing an event in Helsinki to give better insight and overview of a current real estate investment opportunity, DepotHouse. We will also cover the situation of current real estate investment market in Tallinn.

The event will take place on 31.10.2018 at 17.30 in Nets building (Teollisuuskatu 21, 00510 Helsinki).

Topics covered during the seminar:

  • About BitOfProperty
  • Real estate market situation in Tallinn
  • General information about DepotHouse investment opportunity
  • Introduction to the developer Koidu Ehitus OÜ
  • Structure of the opprtunity
  • Location of DepotHouse
  • Investment case and various scenarios

Light snack and drinks are complementary by BitOfProperty!

Come join other likeminded real estate investors in Helsinki by signing yourself up HERE

In case, you are unable to join the event on the spot, but you are interested to participate nevetheless, then please let us know via email, team@bitofproperty.com, and we will do our best to connect you via Internet.

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Looking forward to see you at the event!

News

Webinar #2 BitOfProperty: Why investing in DepotHouse is a good idea?

After a successful start of our webinar routine, we are happy to announce that Webinar #2 is just around the corner.

During the second webinar, our Co-founder Taavi Pettai will present to you in depth our current ongoing investment opportunity DepotHouse. Investment project with stable passive income guaranteed for the first 24 months in which you can invest starting from as low as 50€.

Topics covered will include the general information about the building, location, its developers, reasons to invest and returns on investment. Additionally to that, Taavi will give a small overview of the market, timeline and exit strategy, structure and security of the investment.

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During our second of the three webinars -“BitOfProperty: Why investing in DepotHouse is a good idea?” you will be able to ask any questions regards the ongoing deal and make sure everything is clear in case you wish to invest. Webinar will go live on October 9broadcasted at 10:00-11:00 Estonian Time (GMT +3). CLICK HERE to access the LIVE stream.

Don’t forget to inform us that you are interested in joining the live stream by sending us an e-mail to team@bitofproperty.com, as well as questions you would like to answer us during the LIVE stream.

P.S. If you wish to see the previous webinar “BitOfProperty: Property investing made simple. DepotHouse deal.” the webinar is accessible HERE.

 

News

Real estate seminar 2018. First visit to DepotHouse. Throwback to BitOfProperty’s weekend.

During the weekend BitOfProperty attended “Real Estate Seminar 2018” in Tallinn, as well as had first tour trough DepotHouse.

Starting the weekend with a tour trough DepotHouse, which is currently in the development process with an estimation date by the end of the year. BitOfProperty members together with other property visitors had the chance to see the first sample apartments of DepotHouse, how far the development process has gone and have the chance to visualize how the property would look like when it would be finished. BitOfProperty got confirmation that everything is on schedule and the ongoing deal is following its plan.

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BitOfProperty’s Sunday was occupied by real estate seminar. Seminar was attended by people interested in investing in real estate, while the speakers of the event were professionals from all sorts of different parts of real estate industry. Topics covered at the seminar where legal and taxation aspects of real estate investments. Overall real estate market situation in Estonia and the ongoing trend of small investment apartments, as well as case studies of existing developers and their rental properties. One such speaker was a representative from Koidu Ehitus, developers of our current ongoing deal DepotHouse who was giving an overview of project’s existing development phase, investment opportunities and properties characteristics.

Productive and qualitative time spent for BitOfProperty. Keep tuned for more information about real estate market and our ongoing deal DepotHouse.

 

 

News

Webinar #1 BitOfProperty: Property investing made simple. DepotHouse deal.

It is important for any active investor to keep their portfolios diversified, but is real estate investing the right way to go?

Real estate investing can be a good source for passive income and one of the ways how to build up your wealth over the long run. At the same time it might seem that property investing requires a lot of money up front, or it is expected to have a lot of ongoing work after investing.

No doubt, that some part of that is true, but recent time has shown that there are new approaches that simplify the real estate investment process. One of such approaches are provided by BitOfProperty, a real estate investment platform, giving people the chance to invest in properties starting from smaller amounts. With its easily accessible and transparent platform, BitOfProperty provides competitive market opportunities that are typically not available to general public.

This and so much more will be presented to you during the first of the three LIVE webinars – “BitOfProperty: Property investing made simple. DepotHouse deal.” on September 14, making sure that BitOfProperty is the right way for you to invest in real estate properties. Webinar will be broadcasted at 10:00-11:00 Estonian Time (GMT +3). CLICK HERE to access the LIVE stream.

Topics covered:

What is BitOfProperty and how it works? 

Why BitOfProperty is the right way to invest in real estate? 

How is it different from other real estate investing options? 

Our ongoing deal DepotHouse and its charectaristics 

Investment returns of DepotHouse

Don’t forget to inform us that you are interested in joining the live stream by sending us an e-mail to team@bitofproperty.com, as well as questions you would like to answer us during the LIVE stream.

News

Everything you wanted to know about BitOfProperty, but were too afraid to ask

Our new investment opportunity DepotHouse is out, great! Seems appealing, but how exactly investing in properties from BitOfProperty platform work? Getting started with BitOfProperty requires just a few steps, here’s how it works:

Sign up

To create a free account, simply click on the „Sign up/Log in“ page and provide us with your full name, email, and password. Next confirm your email by clicking the link in the email received, and your personal BitOfProperty investment account is made!

Profile verification

Profile verification is a mandatory procedure needed for „Know Your Customer“ (KYC) purposes to help us identify investors and assess any potential risks of illegal intentions such as money laundering. Users will not be able to invest nor transfer funds to their account until their profile is verified. Once you have provided us with your details, we will send you an email regarding whether the verification was successful or not.

Properties

We source our properties from individuals, real estate agents/brokers, advisors and key partners, giving you the opportunity to invest in both residential and commercial properties. BitOfProperty will do thorough due diligence process for all properties in order to make sure only the best ones are put on the platform. The process includes a technical inspection and financial calculations to understand the condition of the property and estimated returns. Each individual property page has information about the particular project that will serve you as guidance to making your decision regards to investing.

Add Funds

As mentioned, users will be able to start transferring funds to their wallet once a successful KYC procedure has been carried out. Then you can deposit money by clicking „Add funds“ on the platform’s header. You can always track your funds, money invested, income received, and reserved investment amount by clicking on the „My Wallet“ page. 

Invest

When you make an investment, your share will be calculated by dividing your investment amount with the total investment amount. All purchases are held in line with industry best practices and transacted across the Ethereum Blockchain providing immutable record of ownership and bringing more safety and transparency to the deals. You can always track your investments on the „Dashboard“ page. Additionally, BitOfProperty will send you monthly updates on your investments.

Receive income

According to the share you own, you can expect to start receiving monthly rental income after the first month once the property is bought, as well as  at the end of the investment term once the property is sold.

Still seems too confusing? Contact us team@bitofproperty.com or look up our team members individually – we will make sure all your questions will be answered!

News

New project DepotHouse

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BitOfProperty is launching its new project, DepotHouse, on the 29th August 2018. Here we are providing investors with an opportunity to invest in three newly developed, high-quality apartments.

DepotHouse is a unique investment project that will see the construction of 73 fully functional guest apartment and office spaces, with an estimated completion by the end of the year.

The property itself is located on Juurdeveo Street, Kitseküla, a subdistrict in Tallinn. It is within a short walking distance of the city centre, located in a well-established residential area with great public transport links nearby, making it a convenient place to live and commute around the capital of Estonia. For the past few years, Kitseküla district has been constantly improving, and with more commercial buildings planned for the future, the area will continue to develop and realize its potential.

Furthermore, throughout the following years Juurdeveo Street will be reconstructed by the Tallinn City Administration to provide a better living environment for the community, and also make the area more passable for cars and pedestrians.

The furnished studio apartments offer an affordable stay for students and young professionals who are looking to maximise their quality of life. Alternatively smaller businesses can use the studios as offices. Considering the above, we believe this project fits perfectly with our vision. The demand for small studio apartments and offices is strong. The property is a new development, has minimal administration fees and is located in a developing environment,  making the asset liquid and reducing the investment risk. The main reason for choosing this as a new investment opportunity is because of the strong capital growth forecast going forward. Additionally, investors are guaranteed a passive income for 24 months with a 7% return rate.

As our goal is to provide everyone with the opportunity to invest, we allow investments for this project starting from €50.

Further details about DepotHouse will be available on our platform on the 22nd August 2018. This will be a pre-launch period when investors can pre-book an investment via email in one of the three apartments.

News

WE ARE HIRING!

Who we are

BitOfProperty is on a mission to build out a decentralized real estate investment platform. We provide investors an opportunity to invest in properties, currently available only to large scale and institutional investors, by committing small amounts and putting in little effort.

The idea of BitOfProperty was born when the founders started to look for ways to invest in real estate. What we found was that real estate investing is capital intensive, involves a lot of paperwork and finally you have to spend time to manage the property to have stable rental income.

At BitOfProperty, we have a strong belief in blockchain technology and its impact on real estate industry. Utilizing novel blockchain technology to record investment data, tokenizing real estate and brining title deeds to investors in more simple and transparent way, is in our view the future in real estate investment space.

After a pre-seed round from Spaze Ventures, a Singapore government backed start-up incubator, and recently closed successful seed round with a Japanese lead investor LIFULL Co., Ltd., the largest Japanese real estate listing site, we are looking to expand team to fulfil the vision of a decentralized international real estate investment platform.

How we work

We believe in ownership and teamwork – everyone has a specific field to work on, but internally we support and help each other to brainstorm, challenge ideas and listen everybody’s opinion – you are the one to execute the plan.

At BitOfProperty we follow lean methodology and Build-Measure-Learn loop in order to work efficiently and productively. Fail fast and iterate are the keywords, which are applicable in everything what we do.

What we are looking for

1. Fluency in HTML5, CSS3, JavaScript, SemanticUI, Bootstrap

2. Deep knowledge in Python and Django

3. Able to work with MySQL

4. Experience in devops, Google Cloud Platform, Nginx

5. Customer focus – validating need for the feature by talking with customers before building it outright

6. Knowledge of the Lean Startup principles (MVP, Build-Measure-Learn)

7. Ability to work independently, clearly articulate problems/solutions and execute

8. Fluency in English

Nice to have

  • Entrepreneurial spirit
  • Hunger for blockchain
  • Willing to go the extra mile
  • Searching for challenges

What we offer

  • A chance to be a part of the success story;
  • Become a part of the founding team;
  • Possibility of leading the tech division of the company;
  • Competitive salary and motivational package;
  • Environment that encourages self-development, learning, and growth;
  • Team events – both indoor and outdoor activities
  • Visa sponsorship
  • No corporate BS