Investing your money into property via crowdfunding has become another option for property investors to consider in recent years. In this interview we will talk to Jatin Ondhia, CEO of Shojin Property Partners, who takes this concept a step further.
Shojin Property Partners combine both crowdfunding and co-funding to enable investors to invest directly into development projects, rather than buy to lets, and potentially to receive a higher return than conventional crowdfunding as a result.
Ondhia explains how this approach works. He says: “Traditionally crowdfunding would simply connect person A (who has money) with person B (who needs money) and charge an upfront fee for linking them together. However, our model is unlike many of the other crowdfunding platforms as we co-invest our own money alongside investors. This means that the interests of the investor, the developer and ourselves are aligned throughout the entire process.
“Furthermore, we charge no upfront fees. We oversee the project without charging any management fees, and we only take a profit share at the end. Our money also sits in a first-loss position, in the unlikely event that the project does lose money.”
