Episode 77: Matt and Taylor are joined by Stephen Jagger. Stephen is a Co-Founder of addy from Vancouver, BC, who's also a serial entrepreneur, author, and speaker. Since 2000, Stephen has had multiple of his real estate industry companies acquired, including Combustion Hosting and Ubertor Realtor Software. addy is Canada's largest real estate investment platform, through crowdfunding properties and letting anyone invest. addy's goal is to eradicate barriers to property ownership for everyone.

Stephen is here to discuss:
→ How addy was founded and what it is, navigating the ups and downs of starting a business, what the addy team looks like, and the future plans for addy.
→ How investors keep track of their investments with addy, if investments are locked in or liquid, how taxes work on the platform, GP & LP structures, how many properties are on addy, and if there have been any project defaults.
→ How developers get on addy, public vs private issuance, how much can expect to be raised on addy, investment opportunities in missing middles and infill housing, and democratizing purpose built rentals.

addy Invest Website: https://www.addyinvest.ca
addy Invest Instagram: https://www.instagram.com/addyinvest/
addy Invest YouTube: https://www.youtube.com/@UCktiu1eisP2a24Er3vG7-zA
addy Invest LinkedIn: https://www.linkedin.com/company/addyinvest/
Stephen Jagger's LinkedIn: https://www.linkedin.com/in/stephenjagger/
Listen to The addy Podcast here: https://open.spotify.com/show/7JLfj4Yed6EGg53Qoj91VX?si=e958535414c54678
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CHAPTERS
0:00 Intro
10:13 Today's Guest: Stephen Jagger
11:19 What is addy & How Stephen Got Here
16:52 How Do Clients Keep Track of Their Investments
19:01 How Many Properties Are on addy
19:40 What Encourages People to Invest in Certain Properties on the Platform
21:28 Public vs Private Issuance: How Do Developers Get on addy
23:28 GP & LP Structures: Is addy Registered on Property Titles
24:56 Future Plans for addy
25:45 What Does addy Need More of Right Now
28:27 How Much Can Investors Expect to Raise on addy
30:19 Have There Been Any Project Defaults
31:33 Is Your Investment Locked or Liquid
33:28 Missing Middles: What Markets Have Investment Opportunities
35:26 Is There addy Competators
37:28 How Do Taxes Work on the Platform
38:25 Democratizing Purpose Built Rentals
39:51 Navigating the Ups & Downs of Starting a Business
41:57 What Does the addy Team Look Like
43: 26 Plans for Other Uses of This Technology
44:41 Wrap Up Questions
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OUR SPONSOR
The Kelowna Real Estate Podcast is brought to you by Century 21 Assurance Realty, the gold standard in real estate. To learn more, visit: https://www.c21kelowna.ca
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CONNECT WITH THE SHOW
Kelowna Real Estate Podcast: https://wavve.link/kelownarealestate
Kelowna Real Estate Podcast YouTube: https://www.youtube.com/@KelownaRealEstatePodcast
Kelowna Real Estate Podcast Instagram: https://www.instagram.com/kelownarealestatepodcast/
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CONNECT WITH MATT
Matt Glen's Website: https://www.mattglen.ca
Matt Glen's Email: matt.glen@century21.ca
Matt Glen's Instagram: https://www.instagram.com/mattglenrealestate/
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CONNECT WITH TAYLOR
Taylor Atkinson's Website: https://www.venturemortgages.com
Taylor Atkinson's Email: taylor@venturemortgages.com
Taylor Atkinson's Instagram: https://www.instagram.com/venturemortgages/
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