Testimony of Yannick Thiessoz, Investor in the buildings of Ardon, Roche and Grenchen
Investing in real estate with an amount of CHF 25’000 is a real opportunity. There is also the possibility of investing through a real estate fund, but its performance is not fully correlated to that of a property, unlike Foxstone.
Mr Yannick Thiessoz, Investor in the buildings of Ardon, Roche and Grenchen.
Can you briefly introduce yourself?
Yannick Thiessoz, I live in the Valais and work in an SME in Fribourg as a Project Manager in the field of energy (electricity).
How did you discover real estate crowdfunding?
I discovered real estate crowdfunding while researching on the internet as I was planning to invest. It is quite difficult and rare to find a way to invest without having a large starting sum, without taking too much risk and still get an attractive return. For me, investing in real estate is a more concrete and reassuring way to invest. I have been able to diversify my investment portfolio in three of your properties.
What were the important criteria before considering your first investment?
In my opinion, there are three very important criteria: the return, the low risk and the quality of the property offered.
The financial part is essential, you have to take into account the quality of the renovation fund and a possible loss of rent. Anticipating these elements allows you to secure the maximum return. Being several investors in one property gives me a feeling of security. I am not entirely responsible for a flat to be rented and am not totally at the mercy of market fluctuations and possible rental and maintenance problems.
Investing in real estate with an amount of CHF 25’000 is a real opportunity. There is also the possibility of investing through a real estate fund, but its performance is not fully correlated to that of a property, unlike Foxstone.
What did you think of the discussions with your contacts at Foxstone?
Despite the fact that I have recently changed my contact person, the exchanges are going well. I have noticed that your system is well established.
How would you describe Foxstone ?
For me, Foxstone is an innovative and professional company.
Thank you to Mr. Yannick Thiessoz, for accepting to share his testimony as a Foxstone investor.
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