Andrew Jewett, co-founder of Aperture and Property Coin, describes Aperture's historical trading track record in residential real estate to Nathan Latka.
0:00 / 0:07exact quote · 7.2s
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“The trades we make are all profitable. We have zero loss rate and we have 55% unlevered IRRs, but .”
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More from Andrew Jewett
Disclosure
Property Coin is a Reg D and Reg S security token
“Our token is a reg D offering in the US and a reg S offering outside of the US. So each property coin holder owns a fractionalized piece of our real estate portfolio that we're going to be constantly managing for them.”
Andrew JewettOct 11, 2018▶ 2:581174 Planning a $50m ICO for Property Investing, 55% Unlevered IRR Historically
AssertionNot checkable as stated
Only two large-scale, data-driven fix-and-flip operations exist nationally
“And really there's only two Large scale operations in the country that are doing this on a national basis.”
Andrew JewettOct 11, 2018▶ 6:521174 Planning a $50m ICO for Property Investing, 55% Unlevered IRR Historically
Disclosure
Aperture takes a 50% profit share from the Property Coin entity
“And then we take a it's a 50% profit share with the PCX entity. So it's you know, that's the property going ticker.”
Andrew JewettOct 11, 2018▶ 13:161174 Planning a $50m ICO for Property Investing, 55% Unlevered IRR Historically
Disclosure
Aperture founders retain zero tokens, profiting only from successful trades
“We are retaining zero tokens. We don't own anything. We only make money if we produce profitable trades.”
Andrew JewettOct 11, 2018▶ 15:491174 Planning a $50m ICO for Property Investing, 55% Unlevered IRR Historically
Disclosure
Property Coin reinvests 50% of profits into new properties
“We're going to take 50% of the profits. We're going to reinvest it in the, in new properties.”
Andrew JewettOct 11, 2018▶ 5:221174 Planning a $50m ICO for Property Investing, 55% Unlevered IRR Historically
AssertionNot checkable as stated
Aperture's analytics system screens over 3,500 properties daily
“We see over 3500 properties a day through our system. And then we run our analytics on those properties and try to get to the best five to 10% of those a day.”
Andrew JewettOct 11, 2018▶ 7:581174 Planning a $50m ICO for Property Investing, 55% Unlevered IRR Historically
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