Real Estate Co-Investor Apps

Entering the real estate market in Canada has become considerably more difficult as property prices continue to skyrocket — cue Coproperly. The new startup helps home buyers find potential co-investors, whether that be family, friends, or new business partners, as well as navigate the complex nuances of entering into a co-ownership agreement.

According to the brand, Coproperly's mission is to "make real estate investing accessible to the average person by leveraging a tech-enabled service to help investors from far and wide find each other, and to purchase, manage, and sell real estate investment property."

The Coproperly app is simple to use. Simply set your investment budget and define your investment criteria. Once suitable co-investors have been matched, the partners can search for their ideal property through verified partners. This process includes helping users set up their legal structure, apply and qualify for a mortgage, offer and close on a property, and more.

One of the most noteworthy aspects of the Coproperly app is its aide in making collective decisions. The platform works to protect your investment, your relationships, and the likelihood of repeat investment through its legal templates and voting features. This ensures decision-making with co-owners is efficient and effortless. In addition, the Coproperly app provides services to manage properties including renovating, renting, and more to minimize users' time commitment.

Lastly, Coproperly helps its users navigate the sales process through its verified partners, including staging, listing, and marketing—to name a few. If one co-owner wants to sell while the other doesn't, users can list their stake on Coproperly's secondary marketplace for resale to another investor.

As more potential buyers look to enter the real estate market through co-investing, we can expect to see more brands like Coproperly enter the market to simplify the process.