EasyProperties launching 1 July

mr_norris

Expert Member
Joined
Jun 12, 2007
Messages
3,625
Did anyone listen to the Just One Lap podcast where they spoke about this? It's quite a high cost investment by the sounds of it, and your funds are pretty much locked in for a while - no quick way to abort. I am not sure if this sort of thing is for me right now, especially with the uncertainty in my life. I feel like I can't look at the big picture for a while.

I am not saying that it's a bad investment of course. It does seem to be almost unique. They have some very nice properties going. Sjoe - don't know how people can live in places like that LOL.
 

mr_norris

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Jun 12, 2007
Messages
3,625
I wonder if Green Reef village reached 100% because of the potential rental yield :p They scooped up the best stuff first
 

J-10-M

Member
Joined
Mar 14, 2012
Messages
29
100.4% lol hope I get my full allocation

I agree....

Not sure why they don't freeze the application for Green Reef on a first come first serve basis?
Perhaps if funding reaches 125% they should block any further investment.

Then potential investors are likely to look into the other 3 as alternatives albeit with less potential on the rental yield.
 

zerocool2009

Executive Member
Joined
Sep 4, 2009
Messages
7,364
The only negative thing from this I see ... as per the sectional title rule, the reserve fund must be build up. So that will come from "owners" aswell.
 

Bilaal_H31

Active Member
Joined
Jul 7, 2020
Messages
36
I got refunded for everything even though I was one of the first guys lol.
 

HumanShield

Senior Member
Joined
Oct 8, 2008
Messages
744
Just got the confirmation of my investment. Didn't get the full allocation. About two-thirds only.
 

pkid

Expert Member
Joined
Jul 29, 2005
Messages
1,722
They really need to put a limit on it. 200% is ridiculous. I also only got half of the shares I wanted. Surely 125% is more reasonable? Then that might have resulted in the other property that wasn't funded being fully funded? I wonder how long it will be until the next properties are listed. Have cash just sitting in my account now :(
 

amabacha

Well-Known Member
Joined
Oct 1, 2007
Messages
356
They really need to put a limit on it. 200% is ridiculous. I also only got half of the shares I wanted. Surely 125% is more reasonable? Then that might have resulted in the other property that wasn't funded being fully funded? I wonder how long it will be until the next properties are listed. Have cash just sitting in my account now :(

Some discussion about this in Twitter. EasyP CEO also mentioned next set of properties to be offered in next week or so

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HumanShield

Senior Member
Joined
Oct 8, 2008
Messages
744
Someone jumped the gun. Looks like the Blyde is up next
 

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zerocool2009

Executive Member
Joined
Sep 4, 2009
Messages
7,364
Wonder why the Blyde would be on the list. Not a new estate at all. Next to Mamelodi
 
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