IMBY stands for “In My Backyard.” We believe everyone should have the opportunity to invest in property in the communities they love.
That’s why we’re reinventing real estate investment.
Real estate has consistently been our economy’s most lucrative form of investment, but in today’s thriving cities, the barriers to entry are prohibitively high for many — especially young people. IMBY exists to eradicate those barriers, and make real estate investment simple and affordable for everyone. With IMBY’s real estate investment platform, you can invest in properties in your own city (or anywhere you like) for as little as $1.
Here’s how it works: homeowners list shares in their property on our online platform. When you buy shares in a listed property, you become a part-owner. As the property value increases, so does your share value. You benefit from the unparallelled returns previously enjoyed only by property owners. Meanwhile, IMBY allows homeowners to continue enjoying their property while freeing up equity to invest in other things. Everybody wins.
For now, our team takes care of everything for you. We work with one of Canada’s top law firms to draft purchase documents, and file all paperwork to ensure compliance with securities regulations. Soon, though, our platform will be powered by blockchain technology, and something called smart contracts, which means complete transparency and peace of mind are built into our platform. Blockchain will allow us to maintain an unchangeable ledger of all of the transactions that occur on our platform. It’s quick. It’s convenient. It’s the future of real estate.
Take a moment to learn more about IMBY from our founder, Michael Stephenson.