Testimony of Mr J., who invested in 10 Foxstone buildings
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I am very satisfied with my dealings with Foxstone, I receive an answer to each of my questions. I am also very satisfied with the support you provide for my tax returns. I also find the site very accessible, I see the improvements and updates that you make regularly.
Mr J., who invested in 10 Foxstone buildings
Can you briefly introduce yourself?
I am a bank employee. I live in the canton of Vaud and work in the canton of Geneva. I am married and have children.
How did you discover real estate crowdfunding?
I discovered real estate crowdfunding through Foxstone. I was not aware of this concept and it is a person of my entourage who spoke well of Foxstone. I then went to your website to find out more. Your site is very animated and complete, I quickly understood what it was all about.
What were the important criteria before considering your first investment?
I started by monitoring the current business on your website. I then took the time to find out as much as I could about your company. In particular, I looked at the press articles on Foxstone.
In short, I did some real online monitoring and I found that I didn’t have much to compare with potential competitors. You are the company on which I found the most content.
The risk awareness criterion was very important to me, the minimum investment amount at Foxstone allows you to invest in several offers and therefore dilute the risk. The location of the property and the low percentage of commercial property offered in your buildings are two very important factors for me. I have found that Foxstone selects properties in townships that I know and more or less in the vicinity.
What did you think of the discussions with your contacts at Foxstone?
I am very satisfied with my dealings with Foxstone, I get an answer to every question I have. I admit that in the early days of Foxstone it was difficult to reach you by phone, but now you are easily reachable. I am also very pleased with the support you provide for my tax returns.
I also find the site very accessible, I see the improvements and updates you make regularly.
Have you participated in an online General Assembly of co-owners? Can you describe your experience?
I know how important General meeting are. The fact that they are held digitally limits the risk of having lengthy discussions. We are getting straight to the point and that is essential for me. In my opinion, digitalization is the right way to have an enriching and “efficient” exchange of words.
What did you learn from your experience as an investor?
I find that the advertised returns and the perceived returns are in line. I am therefore satisfied with my investments.
How would you describe Foxstone in one word?
Thank you to Mr. J., for agreeing to share his story as a Foxstone investor.
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