Whenever you buy into a property on the GrowMyHome website, there are two benefits. The first benefit is that you become the owner of an income-earning asset that will earn you a return on investment. The second benefit is that your money goes on to make a social impact.
Here’s how that works.
Profit
GrowMyHome brings verified properties to your fingertips. We eliminate the risks and make it safe for you to invest in these properties. Your investments into these properties enable you to earn from the properties. When these properties are rented out, the rental proceeds are shared with you in proportion to your ownership level. For instance, if you own 100% of the property, you get 100% of the net rental income. If you own 5% of the property, you earn 5% of the rental income and so on.
In addition, the properties gains value through upgrades and value appreciation and over time these upgrades add a lot of value to the property. A time comes when the property is sold for profit. You also get to earn very decent returns from this.
Impact
For each successful deal, you make profit and we at GrowMyHome also make our own share of profits. We use a portion of our profits to develop new houses. These houses will be rented or sold to buyers and tenants as affordable homes, making it possible for individuals and families to rent or own a decent roof over their heads.
Furthermore, while we are developing these houses, we employ workers from the communities to carry out a wide range of roles, tasks and skills. Each house we build creates between 100 to 200 temporary jobs, and groups of houses create some permanent jobs too. Also, housing projects create income for suppliers of building materials and services. This too, helps families put food on their tables. The more houses we can build the more families we can support, and the more communities we can develop. That’s impact
So in essence your investments create returns for you, and enable the development of affordable Housing for our communities.
