Risks

If JovJou fails to secure a tenant, will there still be rental income? Similar to the conventional real estate market, earnings won't accrue when the apartment is vacant. The management company puts in every effort to select not only attractive real estate anywhere in the world but also to ensure its consistent occupancy. The management company shoulders the responsibilities of marketing, maintenance, and property management, so we can confidently assure you that the property will enjoy popularity.

What if something happens to the property? The management company takes 50 percent of the rental income. In return, they provide full property insurance. The investor bears no risks associated with property ownership since they hold corporate rights. If the property is affected by unforeseen events, it won't impact the investor in any way. The management company takes on the responsibility for conducting routine property maintenance, fixing appliances, and addressing any issues that may arise.

What if the property devalues in a real estate bubble? Property values are influenced by various factors, and during a real estate bubble, there's a risk of inflated prices followed by a subsequent decline. In such a scenario, the property's resale or rental value may be affected. On the flip side, we do everything within our means to identify the best opportunities in the market, secure prime locations in rapidly growing economies, and safeguard our investors from all risks. It's crucial for us to monitor market trends, assess the potential risks, and make informed decisions to navigate fluctuations in the real estate market.

What happens if the JovJou Platform ceases to exist? All ownership rights information for the income-generating property is recorded on the blockchain immediately upon your purchase. The house remains a house, even if the platform ceases to exist. One of the main risks is the loss of access to your wallet or malicious actions by hackers. We cannot guarantee the security of each user outside the platform, so your safety is your responsibility. The crucial aspect is that we have ensured the security of users within the platform completely and without any issues.