How do I build equity with my home?

There are multiple ways to increase your equity.

1. Make Full Rent Payments:
   Upwardly sets aside a portion of every full rent payment as phantom equity credit.
2. Rent Rebate:
   If rent is paid on time and there is net rent (expenses less than rent paid) then members may get a portion of the rent back as a rent rebate in the form of phantom equity credit.
3. Twelve Month On Time Refund:
   After twelve consecutive months of on-time rent payments, Upwardly will refund a percentage of the paid investment fee as phantom equity credit.  Limited to two refunds. Refer to your agreement for the refund percentage.
4. Sweat Equity:
   Enhance the property’s value through DIY (do it yourself) improvements, such as remodeling the kitchen, adding a new bathroom or converting an unfinished basement into a finished basement. Consult with your Upwardly advisor on possible cost sharing and permission as some improvements that may require a permit.