We pay your rental returns every quarter. This is done this in a prorated manner, meaning that you receive payment based on the % BRXS-notes you own in a specific property and for the period that you had the notes in your possession in the previous quarter. Example: If you held a BRXS-note in a property for 1 month of the quarter, you will receive only 1/3 of the proceeds that someone holding a BRXS-note for the entire quarter in that same property.
• When: we pay out rental income in the first week of the quarter for the previous quarter. You will also receive a periodic report of the property including financial performance and any important updates in relation to the property and/or BRXS.
• Where: quarterly payments are deposited to your bank account of choice. If you would like to adjust your banking preferences, you can do this through your profile settings.
BRXS is applying for a full AFM license in 2023 as it extends its activities.