The partnership between Bricklet and Dream Design Property (DDP) is expected to extend the benefits of fragmented property to more than 30,000 investors.
Bricklet is currently trading $ 52 million in fragmented property across Australia, of which $ 15 million is owned by Australian investors.
With more and more Australians unable to pay a full mortgage on a desired investment property, Bricklet aims to provide a service where people can afford a fragment of investment. Each fragment is registered on the land title of the property, thus including all the advantages of the property.
The real estate fragment market has created a partnership with DDP, an end-to-end real estate investment service specializing in the defense of buyers against the investor. The real estate portfolio realized by DDP for its clients amounts to 500 million dollars.
The two companies formed an alliance when they saw their similarities in the goals of generating maximum wealth without over-indebtedness.
Bricklet CEO Darren Younger said DDP Property founder Zaki Ameer âimmediatelyâ understood the trajectory they were aiming for.
âDDP Property does for its clients what Zaki has done for itself. Buy as many goods as possible to generate maximum wealth, without too much leverage. Bricklet adds little extra pieces of property to any portfolio, âMr. Younger said.
DDP Property’s range of services includes real estate advice, investment strategy planning, mortgage financing, first owner orientation, new construction, renovations, rental yield management, property and property management. SMSF.
As a result of this partnership, the DDP suite of services now includes the addition of property fragments to strengthen investment portfolios.
âOf course, rising house prices are the main driver of this activity. This is the main reason people invest in real estate. But also, the main reason people don’t invest more – because it’s more than affordable, âsaid Ameer.
âBRICKLET solves this problem for many of the many different scenarios of my customers. “
The majority of DDP Property clients focus their real estate investments on the total return of growth and return.
The purchase of additional properties could overuse some clients due to the high price of the property. The partnership with BRICKLET allows DDP Property to complement investors’ portfolios with all the additional real estate fragments they can afford.
âMy clients love it. Instead of sticking to the affordability of an entire property in one place, they are truly growing and diversifying their portfolios in fragments. As much as they can afford, âMr. Ameer said.
A client entered the real estate market by purchasing several fragments. Previously, their savings offered the minimum deposit, but borrowing for an entire property would have extended their borrowing over 90%, leading to additional fees like mortgage insurance, restricting their cash flow and lifestyle.
Even Mr. Ameer has expanded his own portfolio with the addition of briquettes.
âIt was the start of a perfect partnership. Buying briquettes is a win-win-win for me. It gives me more properties, without the market continuing to build my portfolio with entire properties, âhe explained.
âIf I wait for the market to take effect, I have lost this period of growth and the opportunity cost is too high not to continue buying in portions. This has also closed the gap for new clients struggling with affordability, I am better able to serve clients who want property in their Self-Directed Superannuation (SMSF), as well as existing clients gradually increasing in size. of their portfolio without the cost of leverage. And the timing is perfect, given the price trends.
The partnership between DDP and The Bricklet also established 40 new members for businesses in their first month.