Invest in single-family homes
Invest in exclusive collectibles
Investments
$56,000
The minimum investment on Doorvest is a 25% down payment on a home, averaging $56,250 based on the average home price of $225,000.
Moderate Risk
3/5
Investing with Doorvest involves risks such as market volatility, economic changes, and property-specific issues. While the platform aims to manage these effectively, outcomes can be uncertain, and investors should carefully consider their risk tolerance and conduct due diligence before investing.
High Risk
4/5
Investing on Timeless involves risks such as market volatility, liquidity constraints, regulatory changes, and asset-specific issues like authenticity. Additionally, platform-related risks such as data security and operational stability could affect investments. These factors highlight the importance of thorough risk assessment and consideration of personal risk tolerance before investing in collectibles through Timeless.
Minimum Liquidity
1/5
Doorvest allows investors to sell their homes back to the platform, requiring them to connect with a client partner for more information on the process.
Moderate Liquidity
2/5
While traditional collectible investments are illiquid, Timeless offers a level of liquidity by enabling trading among investors during the average holding period of 2 to 8 years. However, liquidity is influenced by demand within the platform and the collective decision to sell the asset.
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High Return
18 %
Doorvest reports an average annual investment return of 18%, accounting for rental income, property appreciation, and mortgage leveraging.
High Return
40 %
Timeless cannot guarantee returns as the collectibles market is unpredictable. However, historical data shows an average annual return of 40% on their platform, with returns ranging from 9.1% to 93.1% per year. Investors should note that past performance is not indicative of future results.
Long-term Investment
5-30 years
Doorvest focuses on long-term investments in single-family rentals, generally suggesting a commitment of several years to decades, based on real estate appreciation and rental income.
Long-term Investment
2-8 years
The typical investment time horizon on Timeless ranges from 2 to 8 years, varying by asset class. During this period, investors can trade shares for liquidity before a collective decision is made to sell the asset, subject to majority approval.
Who can invest
United States
To invest with Doorvest, you need to be in the U.S. or able to sign documents at a U.S. Embassy.
Who can invest
European Union
To invest with Timeless, individuals must be at least 18 years old, possess a valid ID card or passport, have a SEPA bank account, and not be taxable outside the EU. Additionally, they must have a permanent residence. Importantly, US citizens and US taxpayers are excluded from using Timeless's services due to SEC restrictions and the implications of the FACTA, which targets tax evasion by US citizens abroad.
Moderate Volatility
3/5
Real estate assets on Doorvest can experience volatility due to economic shifts, interest rate changes, and local market trends, potentially affecting investment values and posing risks for short-term investors.
Moderate Volatility
3/5
The assets on Timeless, being exclusive collectibles, are subject to inherent volatility due to factors like fluctuating market demand, the rarity and exclusivity of items, condition and authenticity concerns, and broader economic and cultural trends. These factors can lead to significant price swings, making the value of collectibles unpredictable over short periods. While Timeless carefully selects collectibles with high potential for appreciation, investors should be mindful of this volatility and how it aligns with their investment goals and risk tolerance.
Regulation and audits
TREC Regulated
Doorvest complies with the Texas Real Estate Commission (TREC) consumer protection notice, indicating adherence to state-level real estate transaction standards. It does not provide details on broader financial regulations or audits, focusing more on real estate industry compliance than securities regulation.
Regulation and audits
BaFin Regulated
Timeless is registered with the German Federal Financial Supervisory Authority (BaFin) as a contractually bound intermediary of CONCEDUS GmbH, under register number 80174023. This indicates regulatory compliance and oversight by BaFin in its operations.
Insurance
Yes
Doorvest protects rental investments with homeowner's insurance, covering physical structure damage and potentially extending to personal belongings and medical expenses. This coverage is a mortgage lender requirement, safeguarding against various damages, though investors should be aware of any coverage limitations.
Insurance
Yes
Timeless stores collectibles in a secured German facility with insurance coverage, though it's crucial to note that not all damages, such as those from force majeure, may be covered. Additionally, there's no guarantee of compensation for losses, as there are no guarantee funds or deposit insurance for investors. This points to a risk of partial or complete value loss in certain scenarios.
Payouts
Rental Income
Doorvest offers rental income as returns to investors, bolstered by a Rent Guarantee that includes vacancy and non-payment protection for the first three months, with an option to extend up to 12 months. Additionally, a Renovation Guarantee covers repair costs for the first year of ownership.
Payouts
No Recurring Payouts
Timeless does not provide traditional dividends. Instead, investors gain returns from the appreciation of collectibles, realized when these assets are sold for a higher value than their purchase price. Profits from such sales are distributed among investors based on their shareholdings, acting as a one-time capital gain rather than regular dividends.
Withdrawals
To get their money back, Doorvest investors need to sell their property, with the timeline depending on market conditions and the sale process. The process is initiated through Doorvest, and funds are received after the property is sold and the transaction is completed.
Withdrawals
Investors on Timeless receive their money back after the sale of a collectible by entering their SEPA bank account details on the platform. After the sale and distribution of profits, the funds are automatically transferred to the investor's bank account within 10 banking days, allowing for a straightforward return on their investment.
Extra Fees
Yes
Doorvest employs a fee model, deriving revenue from a portion of the monthly rental income and margins on home sales, always at fair market value.
Extra Fees
Yes
Timeless charges a one-time 2% service fee and a management fee at the initial purchase of fractions, covering costs like division of collectibles, documentation, transport, maintenance, and insurance, with management fees varying from 1% to 6% depending on the asset. Trading involves a 2% service fee for buyers, with no fees for sellers. There are no ongoing fees for the storage or operation of the platform, and no fees are charged to investors upon the sale of a collectible.
Taxes
Tax Form
Doorvest facilitates tax compliance by providing investors with all necessary documentation for tax filing, related to real estate investment income and expenses.
Taxes
Annual Statement
Timeless assists investors with tax reporting by enabling the download of an Excel spreadsheet that records their purchases and sales, simplifying the process of tracking transactions and preparing tax documents.