Name: Proptee: Digitising property investments
Uploaded: 2021-07-30T11:36:34.652Z
Duration: 465.88
Description: Proptee disrupts property investing by providing a liquid and public market for the real estate asset class.

Ben Mullins - Proptee Demo (2021).mp4

Proptee.vtt

English

{{00:00:12}}
Hello my name is Ben.

{{00:00:13}}
I'm Alex.

{{00:00:14}}
And we are the co-founders of Proptee.

{{00:00:16}}
We are here to show you how we imagine the
future of property investing will look like.

{{00:00:20}}
Before we jump into the demo, let me just say that we are
searching for investment and investment management firms

{{00:00:26}}
to partner with us and also we are raising our seed round.

{{00:00:29}}
So if you're interested in becoming a partner and would like to
listen to our pitch and please come and talk to us afterwards.

{{00:00:37}}
So that may tell you about Proptee.

{{00:00:39}}
A few years ago at university I lived in a four-bedroom student house.

{{00:00:44}}
This was the first one month, and I realized
that we are paying so much money on rent.

{{00:00:49}}
So I had this great idea, I wanted to buy a
property and tell my friends to move in with me.

{{00:00:54}}
They was pay rent to me, and this would cover
my living costs and the mortgages expenses.

{{00:00:59}}
Clever, clever.

{{00:01:01}}
Not so much.

{{00:01:03}}
The most painful experience of my life has begun.

{{00:01:06}}
I was calling up banks, I was spending hours on customer service.

{{00:01:11}}
I didn't have a huge income so that the bank would accept it and I
also didn't have 60,000 pounds for the deposit you might have guessed

{{00:01:25}}
eight months later, I didn't buy a property, I didn't get the mortgage
and I'm not a landlord to this day, were as the world has moved on.

{{00:01:34}}
Let me show you how...

{{00:01:36}}
Alex.

{{00:01:37}}
Yeah.

{{00:01:37}}
He's buying me a Tesla share.

{{00:01:39}}
Of course.

{{00:01:40}}
I'll just go on Revolut, easy.

{{00:01:44}}
Yeah, we just need to go to finance.

{{00:01:48}}
Yeah.

{{00:01:48}}
There is free trade for that.

{{00:01:50}}
Bit of property in London.

{{00:01:52}}
What?

{{00:01:53}}
You heard me.

{{00:01:54}}
There's no app for that.

{{00:01:57}}
Property is the last asset class that hasn't been digitized yet.

{{00:02:02}}
In a very we can buy cars and book accommodation using our smartphone.

{{00:02:06}}
We still tend to get our hands around investment properties.

{{00:02:10}}
So property is here to solve the problem.

{{00:02:13}}
Property is the Robin hood, the property investing.

{{00:02:15}}
We divide rental properties into shares and
list them on our own exchange for trading.

{{00:02:21}}
So people can download our app and buy and sell these
properties the same way they build in stocks on Robin hood.

{{00:02:29}}
It's all commission-free yes, zero commission.

{{00:02:34}}
So let me show you how it's managed because you might not believe us.

{{00:02:36}}
Alex, would you demo it for us.

{{00:02:38}}
Yeah, let's do it.

{{00:02:39}}
I have the Proptee app running on my iPhone.

{{00:02:43}}
It stopped open it and the first thing I see is my portfolio.

{{00:02:48}}
At the top we can see I have almost 400 pounds.

{{00:02:51}}
Since I started, I've made seven pounds.

{{00:02:54}}
That's enough to pay for my Netflix subscription.

{{00:02:57}}
Right.

{{00:03:00}}
Then I can see the service I currently own, so I have
right now I have two shares and eighty five, one low court.

{{00:03:08}}
Those are worth almost 12 pounds and there's also one pending order.

{{00:03:12}}
I tried to buy one shirt in six spinal cord for eighty nine
pennies, but unfortunately it doesn't, I didn't pay enough.

{{00:03:21}}
So I think we should cancel.

{{00:03:25}}
Yeah, let's cancel this one.

{{00:03:28}}
Done and now I'm just going to try again.

{{00:03:32}}
So at the bottom, I'm going to tap on market and these
are all the properties that are available on Proptee.

{{00:03:38}}
Right now, let me show you.

{{00:03:40}}
So you can see a photo for each of them.

{{00:03:42}}
There's also a price, how much the property
price has changed in the last 24 hours.

{{00:03:49}}
The name, but also important information such as what type
of flats it is and whether it's currently tenanted or not.

{{00:03:58}}
I liked the one at the top, it looks good.

{{00:04:00}}
Yeah and you can afford it it just won't be there.

{{00:04:03}}
Yeah, plus it's on discount it went down 7%.

{{00:04:06}}
So, you know, I like buying things, I like bargains.

{{00:04:10}}
Okay.

{{00:04:11}}
Let's just stop on this one and then here you can see the
current price and the charts with the price over time.

{{00:04:18}}
First I'm going to go to property at the top so that
I can learn more about the property before I trade it.

{{00:04:25}}
There's some...

{{00:04:27}}
These look too good for you.

{{00:04:29}}
These are some beautiful photos.

{{00:04:33}}
There's also a description and I can even see the neighborhood.

{{00:04:38}}
So this one is in Dalston, London.

{{00:04:43}}
Okay, I'm going to go up invest and there's
a bit more information here as well.

{{00:04:50}}
So if we scroll down, there's an order
book, holdings, but also validation.

{{00:04:55}}
So I can see the last three weeks, valuation was £235,000 pounds,
but there's also an, and there's also an estimate that rental income,

{{00:05:04}}
825 pounds per month and I can also say something recent costs.

{{00:05:08}}
Just buy it already.

{{00:05:09}}
Yeah, I say so.

{{00:05:11}}
So I'm going to buy, and then how many.

{{00:05:16}}
I'm going to go with 10 pounds.

{{00:05:19}}
Sorry.

{{00:05:22}}
Yeah, and then how much am I willing to pay per share?

{{00:05:26}}
Well, last time I tried 89p and it wasn't enough.

{{00:05:29}}
So this time I'm just going to go with the latest
price of 1 0 3, I buy and then in a few seconds...

{{00:05:38}}
yeah, I'm a property investor now I own, I'm a landlord.

{{00:05:41}}
Nice and that was four taps in total I
think and then you are a property investor.

{{00:05:47}}
Yeah.

{{00:05:47}}
Let's go back to the portfolio and see it in here.

{{00:05:52}}
Yeah.

{{00:05:52}}
And that's that's there, there it is.

{{00:05:54}}
I have nine shares and 6 Banyan Court now and there were
a bit more over a nine pounds and yeah, that's it - easy.

{{00:06:04}}
So it you would liek to play around with the
app, just come and talk to us afterwards.

{{00:06:08}}
What's exciting is what you're going to do next.

{{00:06:11}}
Next will be we really is our public API, so
brokers and investment firms can connect to us.

{{00:06:17}}
This way these versions their own customers
to invest in our properties via their own app.

{{00:06:24}}
And there's other exciting stuff as well, people will
say that property, the beauty of property is leverage.

{{00:06:31}}
So we're going add margins, rating and prompting.

{{00:06:35}}
Then for people who prefer a more hands-off approach,
we're going to add the robo-advisor to make it even

{{00:06:40}}
easier and a lot more, we have a lot more planned.

{{00:06:45}}
All of this in one app in property, the global property app.

{{00:06:50}}
And they've got three things that they would like to ask you.

{{00:06:53}}
Seriously, we are @Propteeapp, propertyapp on Twitter,
all the questions you might have, please we would love if

{{00:07:01}}
you tend to leave them and made a big noise about Proptee.

{{00:07:05}}
Secondly, if you would like to know more about our API and how
the connection works, then please come and talk to us afterwards

{{00:07:13}}
or dropping a line at @ben.proptee.bio and so if you are a
venture capitalist, we are currently raising our seed round.

{{00:07:20}}
So reach out to us if you're interested in getting involved.

{{00:07:25}}
So we are Proptee the global property app.

{{00:07:28}}
He is Alex, I'm Ben and thank you for your time.

{{00:07:33}}
Oh look, I just got some rental income on the shares I just bought.

{{00:07:38}}
Awesome!

We are here to show you how we imagine the
future of property investing will look like.

Before we jump into the demo, let me just say that we are
searching for investment and investment management firms

to partner with us and also we are raising our seed round.

So if you're interested in becoming a partner and would like to
listen to our pitch and please come and talk to us afterwards.

A few years ago at university I lived in a four-bedroom student house.

This was the first one month, and I realized
that we are paying so much money on rent.

So I had this great idea, I wanted to buy a
property and tell my friends to move in with me.

They was pay rent to me, and this would cover
my living costs and the mortgages expenses.

The most painful experience of my life has begun.

I was calling up banks, I was spending hours on customer service.

I didn't have a huge income so that the bank would accept it and I
also didn't have 60,000 pounds for the deposit you might have guessed

eight months later, I didn't buy a property, I didn't get the mortgage
and I'm not a landlord to this day, were as the world has moved on.

Property is the last asset class that hasn't been digitized yet.

In a very we can buy cars and book accommodation using our smartphone.

We still tend to get our hands around investment properties.

So property is here to solve the problem.

Property is the Robin hood, the property investing.

We divide rental properties into shares and
list them on our own exchange for trading.

So people can download our app and buy and sell these
properties the same way they build in stocks on Robin hood.

It's all commission-free yes, zero commission.

So let me show you how it's managed because you might not believe us.

I have the Proptee app running on my iPhone.

It stopped open it and the first thing I see is my portfolio.

At the top we can see I have almost 400 pounds.

That's enough to pay for my Netflix subscription.

Then I can see the service I currently own, so I have
right now I have two shares and eighty five, one low court.

Those are worth almost 12 pounds and there's also one pending order.

I tried to buy one shirt in six spinal cord for eighty nine
pennies, but unfortunately it doesn't, I didn't pay enough.

Done and now I'm just going to try again.

So at the bottom, I'm going to tap on market and these
are all the properties that are available on Proptee.

There's also a price, how much the property
price has changed in the last 24 hours.

The name, but also important information such as what type
of flats it is and whether it's currently tenanted or not.

I liked the one at the top, it looks good.

Yeah and you can afford it it just won't be there.

Yeah, plus it's on discount it went down 7%.

So, you know, I like buying things, I like bargains.

Let's just stop on this one and then here you can see the
current price and the charts with the price over time.

First I'm going to go to property at the top so that
I can learn more about the property before I trade it.

There's also a description and I can even see the neighborhood.

Okay, I'm going to go up invest and there's
a bit more information here as well.

So if we scroll down, there's an order
book, holdings, but also validation.

So I can see the last three weeks, valuation was £235,000 pounds,
but there's also an, and there's also an estimate that rental income,

825 pounds per month and I can also say something recent costs.

Yeah, and then how much am I willing to pay per share?

Well, last time I tried 89p and it wasn't enough.

So this time I'm just going to go with the latest
price of 1 0 3, I buy and then in a few seconds...

yeah, I'm a property investor now I own, I'm a landlord.

Nice and that was four taps in total I
think and then you are a property investor.

Let's go back to the portfolio and see it in here.

I have nine shares and 6 Banyan Court now and there were
a bit more over a nine pounds and yeah, that's it - easy.

So it you would liek to play around with the
app, just come and talk to us afterwards.

What's exciting is what you're going to do next.

Next will be we really is our public API, so
brokers and investment firms can connect to us.

This way these versions their own customers
to invest in our properties via their own app.

And there's other exciting stuff as well, people will
say that property, the beauty of property is leverage.

So we're going add margins, rating and prompting.

Then for people who prefer a more hands-off approach,
we're going to add the robo-advisor to make it even

easier and a lot more, we have a lot more planned.

All of this in one app in property, the global property app.

And they've got three things that they would like to ask you.

Proptee disrupts property investing by providing a liquid and public market for the real estate asset class.