All Forum Posts by: Jonathan Thomas

Hello Martin!

I didn't personally invest in Sofia but we work with an asset manager who did some deals there. The market in Sofia already grew quite fast but you still find good deals (last update I had: new construction in the center around 1k/sqm). I also have a contact who started to invest in the mountain areas (ski ressorts Bankso). 

Thanks to both of you John and Alex. 

@Alex Cornwell : I'm taking a look at your platform and get back to you if needed!

Hi,

I know BP is primarily focused in the US but I was wondering  if there are investors active in some European markets so we can get in touch.

We mostly invested in Hungary the last 3 years (Budapest being one of the craziest market out there) and we are investigating new markets for now, so it would be useful to get connections.

BR,
Jonathan

Thanks for your replies. I didn't go too much into details as I didn't know myself what kind of structure I'd need. I started to dig in to crowdfunding structures, but it will obviously differ from one country to an other. 

Dear all,

One of our project will be done soon: 1 big flat that we have divided in 4 units. We would like to try a new business model for one unit in order to go through the process and see how it goes. The idea will be to issue some tokens (through a platform like Polymyth for the STO) and doing the marketing around it, but so far it's not that clear.

If someone has experience with that, I'd be glad to hear about it.

Thanks!

Hey there.

As basic as it can sound, I'd like to hear your ideas about something.

To sum it up: besides our own investments, we have a company doing consulting stuff. We advise people to invest in some specific markets: we find property for them, we find contractors, property management and so on. We also supervise the renovations (as you can't never fully trust the workers as you know).

We have a commission for finding the property. We also take a commission for the supervision of the renovations. Those commissions are fully transparent.

Issue appears when clients are sent by some of our asset managers we're working with. They send us the client and we provide them a fixed commission. However, the amounts at stake are important and marketing-wise, it's not always easy to make the client accepting such a big commission.

For example:

Property price: 160k

Renovations : 90k

Total : 250k

Commissions for the asset manager: around 16k
Our commissions: around 30k

Do you have any tips to allocate those commissions?

We thought of:
- Having an agreement with the seller about the price, so we can sell it for more money and we get back a certain amount of it
- Same system with the general contractor, so we can get some money from it indirectly.

Any suggestion is welcomed!

Hey there,

I've been listening to the bigger pockets for some months and decided to take a look at the forum.

Originally from Belgium, we've been investing for 3 years in emergent markets with a specific focus on Eastern Europe. We also have a consulting company advising people where to invest and helping them going through the entire process (buying, renovation and property management).

We're not yet in touch with American investors, but this platform could potentially help us to build some new connections.

If you have questions regarding some markets in Eastern Europe, feel free to message me and I'd be glad to give you some details.

Jonathan