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"Please also note that Point will share in any increase in property value due to remodeling changes you might make." And they don't contribute to any property
by snowwolf 10y ago
"Please also note that Point will share in any increase in property value due to remodeling changes you might make."
And they don't contribute to any property maintenance costs.
Nice. So they get to take part in full asset appreciation without having to pay to maintain the asset.
- Eridrus 10y agoAnd you're eating a chunk is the risk since you're the first one to lose money! So if prices go up, you lose and if prices go down you also lose!
- styrophone 10y ago20% of appreciation for 10% of assets [0]. Seems like decent leverage on your risk. From the point of view of a prospective homebuyer, at first this seems attractive as an avenue toward mortgage reduction. However, as you point out, it's hard to identify where this service adds any value to the asset. I fear that it ultimately results in another large pool of money pumping up the demand side at the expense of new buyers. [0] https://point.com/calculator https://point.com/calculator