My Prop is a trade name of Haege Investments BV. My Prop provides real estate management and expects to be able to operate on a European scale in 2023 through a crowdfunded permit. My Prop is currently an advertising and software platform for various providers that operate independently.

My Prop selects and manages investment properties with value potential and has a reputation to uphold, also for the long term. Investing through the platform is a more economical process because investors no longer need a notary or broker. Property owners advertise their bonds through our platform before they are reviewed and meet our selection criteria. They are also easily inter-tradable at any time without depending on the limitations of the publisher's ecosystem.

We spend a lot of time selecting properties that must meet our selection criteria, such as a low risk of vacancy due to the continuing anticipated housing shortage and locations where appreciation is still to be expected. We now have 30 years of experience in investing in real estate and know how to select the right locations with expected value growth so that it is attractive for investors to step in. We want to share this knowledge with you. Creating an account on My Prop is free, and it then offers you extensive information so that you can increase your investment knowledge. If you invest, there are limited costs so you can invest in real estate in a fast, easy, transparent way through your dashboard at low costs and make this possible. Read all the necessary information per investment property and make a well-considered choice, determining how much you want to invest per property. Due to sometimes limited availability, you can register per property on our whitelist, after which we will send you further information by email.

You receive a direct return through the net rental income and an indirect return through value development in the longer term. You will automatically receive your income on your bank account if you have providin your bank number. You will also receive a detailed annual overview of the financial results of your investment property. You will receive an increase in value when you sell your bond or when the property is sold, which is expected after 7 to 10 years. The net rental income is paid directly into your bank account every 12 months.

All properties offered are managed, rented, and financed by My Prop, so they are immediately available for investment without being dependent on further investment willingness from third parties. You get further access to investor information and an overview of your purchased bonds through your free account. Choose how much you want to invest: one bond corresponds to an investment of €95 per chosen property. Confirm your personal details, such as your date of birth and country of residence, and agree to all terms and conditions and the risks involved in investing. If you live in the Netherlands and are over 18 years old, you can invest via MY PROP. Click on the payment button and make your payment via iDeal or credit card.

At any time, you can easily sell your bond back to the property owner or offer it to each other. If you sell within a year of purchase, the owner can refund the purchase price minus 0.5%. If you sell after one year, you will receive a capital gain in proportion to any increase in value based on the latest appraisal value or market price. If the property owner does not repurchase your bond, you are free to offer your bond to each other on the platform or wait for the property to be sold, whereby you will receive your money back, including the sales profit, which is the difference between face value and sales value.

Your return consists of a direct return, which is your net rental income in proportion to your investment, and an indirect return through long-term value development. Every 12 months, you will receive a net rental income statement and an interest payment. And, depending on market development, an appraisal report every year or three years so you can see the value increase and your indirect return. Moreover, it takes an average of 5 years for a tenant to give notice, creating a jump in value of about 20% or an average of 4% per year. After all, when the flat becomes vacant, it is sold and the loans are repaid in full.

We spend a lot of time selecting properties that must meet our selection criteria, such as a low vacancy risk due to the continuing anticipated housing shortage and locations where value growth can still be expected. We now have 30 years of experience in investing in real estate and know how to select the right locations with expected value growth so that it is attractive for investors to step in.

We select good rental properties from property owners with a proven track record so that we do not compete with scarcity in the private owner-occupied market. My Prop makes investing in real estate accessible to everyone, including tenants in investment properties.

If the myprop bond advertising platform and/or property manager My Prop were to go bankrupt, you would keep your bond and see little change for your investment. A new manager is appointed by the property owners so that the bondholders can continue to receive their net rental income. If not My Prop but a property owner (issuing institution) were to go bankrupt, the property would be sold and the proceeds would be divided among the investors, with the lenders such as the bank having a right of priority.

A bond is a debt note for which you receive interest or net rental income; as this increases, so does your direct return, and thus it does not provide a fixed return. Because you share in the sales profit, it is expected that bonds will increase in value as a result of the underlying value development of the investment property. As an investor, you sometimes want more spread, less hassle, and a certain degree of marketability for your loans. You can achieve this with loan notes, bonds, or certificates (debt letter in Dutch, Schuldschein in German). Where providing real estate loans can be labor- and knowledge-intensive, a platform does that for you for a fee. A bond entitles you to net rental income and the repayment of your original investment amount plus the expected increase in value, excluding fees. Your bond return consists of: Direct return: The total rental income minus all costs such as maintenance, municipal taxes, insurance, and mortgage payments is drawn up per quarter. This net income is distributed to all bondholders of the property once every 12 months. Indirect return: You share in the long-term value development of the investment property. The payouts are in proportion to the total number of bonds you own on the property. Each bond has a price of € 95, and you can invest a maximum of 100 certificates, or € 9500, per property. The minimum investment per property is 1 bond of € 95.

Each investment property can have different owners, with MY PROP being the sole property manager. All rental contracts are concluded per property by My Prop, which takes care of the entire commercial, technical, and financial property management for the owner on a fee basis and provides an operating overview per year, including all income and costs, for the owner and bondholders. The owner pays advertising costs for the bond placement on our platform, takes care of the issuance, and offers its bonds. Your bond is linked to the property. This limits any risks to a single property and has no ramifications for other investors in other properties.If a property is sold, the investors in the property are entitled to the proceeds after repayment of the mortgage. Moreover, you are not liable for anything that happens to or in the home.

Since it mainly concerns existing rented real estate, there is generally no question of transfer tax, notary, or brokerage fees. This is different when it comes to a new property to be purchased. The property owner pays a one-time amount for advertising on the myprop.io platform and then for property management costs. Here are some concepts: The purchase price or initial value: As determined by the property's owner, on which the interest payment is calculated. Transfer costs: If a new property is purchased by the owner, approximately 10% transfer tax (this may differ) and notary costs will be added. If it concerns existing premises, these costs do not apply. Advertisement fee: We spend a lot of time selecting properties that must meet our selection criteria, such as low vacancy risk due to continuing expected housing scarcity and locations where value growth can still be expected, as well as due diligence on the property. We now have 30 years of experience in investing in real estate and know how to select the right locations with value growth so that it is attractive for investors to step in. To cover the aforementioned costs, My Prop may in some cases charge a fee separately, which will then be stated in the offer. Cash Reserves: These are sometimes required to cover running costs; however, if the property is sold, the cash reserves will immediately be divided among all investors. How is the property further financed? Bonds: The property owner(s) receive the proceeds from the sale of the bonds, which can then be used to purchase a new property, make it more sustainable, keep it in reserve for the possible repurchase of certificates, or pay off mortgages. In general, all properties are financed and do not, or only to a limited extent, depending on the sale of certificates. Mortgage: The mortgage amount per property is usually between 50% and 70% of the value of the property. Some mortgages are interest-only, and there is no interim repayment of the principal or it is paid from the cash reserve to be maintained. Specific overviews of real estate financing can be found in the interim and annual results and overviews are to be filed.

We spend a lot of time selecting properties that must meet our selection criteria, such as a low vacancy risk due to the continuing anticipated housing shortage and locations where value growth can still be expected. We now have 30 years of experience in investing in real estate and know how to select the right locations with expected value growth so that it is attractive for investors to step in. In addition to marketing, PR, and managing the financial administrations for the property owners and bondholders, My Prop takes care of property management, such as rental, administration, payments, receipts, and maintenance to be performed. As an investor, you have no responsibility for this, and everything necessary has been outsourced to My Prop. For property management, My Prop invoices between 5 and 8% to the owner of the investment property. The management fee and other costs have already been deducted from the net rental income, so we pay out net income to bondholders.

My Prop itself does not offer a financial product and does not require a license. The property owner offers the investors a hybrid bond, also referred to as a bond on the My Prop site. You provide a loan through a bond, and in return, the property owner entitles you to interest payments during the term of the loan and repayment of the loan at the end of the term, including a possible premium based on sales proceeds, minus mortgage repayment and further costs. Offering securities such as bonds to investors requires a "prospectus," which contains detailed information about the bonds, the party offering them, and the risks to investors. Before the prospectus may be offered to investors, it must be approved by the AFM. However, an exemption applies if the party offering the bonds offers less than EUR 5 million per year. The real estate owner and the bond provider comply with this and have stated the AFM's "exemption notice" on certain documents and its website as required. Investors can obtain sufficiently detailed information and financial data about the properties by creating their accounts on MY PROP. All bondholders also receive periodic updates and necessary information regarding their investments.

We are completely transparent and only charge the following fees: Advertisement fee: We charge an advertisement fee to the owner for offering bonds on our platform. This includes the costs of selecting and screening the property as well as managing the platform myprop.io. Set-up fee: The owner pays a one-time set-up fee for using the bonds and activating and managing her account. Management fee: For the management of the property, we deduct approximately 6–10% from the net rent, depending on the property. We take care of the maintenance, contract tenants, handle requests for repairs, pay running costs, and prepare annual accounts for our investors and the owner.