On all the buildings and on all the apartments we try to set up what is called a guarantee of unpaid rents. And so if the tenant no longer pays, it will be the insurance that will cover the unpaid. The insurance will guarantee us that the return is not impacted, because we continue to recover all the rents.
On the other hand, what can impact the yield at the level of the platform, it will be the rental vacancy. Imagine a tenant who decides to leave, I will be able to put in a new tenant but it will take me between 1 and 3 months sometimes more and therefore during this period no rent will be paid. If no rent is received, they will not be returned to investors during these 1,2 or 3 months of rental vacancy. To minimize the impact, we invest as much as possible in apartment buildings, i.e. buildings with a minimum of 4 to 8 apartments, which allows us, in the event of rental vacancies, to always have 70% tenants who continue to pay the rent and therefore the yield is very slightly impacted. The indicative yield when you invest in a building, on our on our website is a yield which is indicative. It will be able to be impacted downwards in the event of rental vacancies, but conversely, it can also be impacted upwards, so this yield can be reassessed if we are able to reassess rents over the years.
All of the rental leases that we sign with tenants include the ability to reassess according to an INSEE index, the amount of rent paid monthly and therefore rents will increase to keep up with inflation (which is strong increase at the moment) and therefore increase your return in relation to your money invested with the security of an unpaid rent guarantee that allows an optimal risk return ratio.
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BLOCK is a « crowdfunding platform royalties » specializing in real estate business. An application for a real estate license, is being processing, including civil liability insurance as well as financial guaranteed insurance which legally authorizes BLOCK to handle funds on behalf of any third parties as part of its business activity. Revenue-based crowdfunding Royalties is a contractual regime based on common consumer and contract law. The Crowdfunding operation is not subject to a prospectus approved by the financial authorities or to the prior control of another organization responsible for the protection of savings. The Royalty Right does not constitute a financial instrument within the meaning of Article L.211-1 of the Monetary and Financial Code and the regulations relating to banking and financial canvassing do not apply. BLOCK is a company registered in XXXXX under the number XXXXXXX whose head office is located at 8 rue du Sentier, 75002 Paris, approved by the prefecture of Paris under number 16568
WARNING: Our offers involve certain risks and in particular the risk of total or partial loss of the sums invested. Moreover, past performance is not indicative of future performance, which means that just because our default rate is 0% does not mean that we will never have an incident on a property. If you have any questions about the risks associated with our projects or activity, contact us and our teams will take the time to answer your questions. Maximum effort has been made to make this website content authentic and to articulate all information with accuracy and relevance. Getblocks.co does not contain any financial or real estate investment advice or recommendations. Prospective BLOCK holders should obtain independent legal, financial, tax, accounting, or other advice to determine the potential benefits and implications involving BLOCK’s business. In no jurisdiction the BLOCK intended to represent securities. BLOCK is not a security but provides royalty rights. You should seek advice from a duly authorized independent financial adviser and ensure that you have the necessary risk appetite, experience, and knowledge before entering into transactions. BLOCK shall in no event be liable to any person or entity for direct, indirect, special, consequential, or incidental damages. Content on the BLOCK Platform does not contain advice or recommendations by or on behalf of getblocks.co