Risks
What if Binaryx doesn't find a tenant? Will there be rental income?
Like in the traditional real estate market, income will not accumulate while the apartment is not rented out. However, this situation is unlikely: Binaryx Platform picks the most attractive locations with high rent demand. Our certified partners—management companies—lease out properties on Booking.com and other platforms. The apartments listed on the Binaryx Platform have a nearly 100% occupancy rate.
What if something happens to the property?
Household issues occur in any home, from leaky faucets to fridge malfunctioning. During every property sale, Binaryx fills up a maintenance reserve fund to fix those problems without extra costs for property owners or tenants. Certified management companies fix all maintenance problems arising in properties.
We will open an insurance program for investors to secure properties from potential larger-scale damages. Property owners will be able to insure their real estate if necessary.
What if the property devalues in a real estate bubble?
We are listing properties in Bali because the real estate market here is growing due to robust objective factors. The probability of sudden price drops or bubbles is extremely low.
However, it is never zero, and we understand that. That's why we enable diversification by listing multiple properties in different jurisdictions. Binaryx investors can minimize risk by investing in various properties worldwide.
What if the Binaryx Platform stops to exist?
Binaryx is a platform that makes it convenient to manage real estate tokens. However, once you've purchased the tokens, your property ownership is recorded on the blockchain. It remains intact whatever happens to Binaryx Platform.
Last updated