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Economy => Service Announcements => Topic started by: pKe on February 19, 2020, 11:07:32 PM



Title: Homebase | Buy homes with as little as 0.0010 BTC
Post by: pKe on February 19, 2020, 11:07:32 PM
Homebase (https://signup.renthomebase.com/invest) offers fractional homeownership so that you can customize your portfolio with shares of individual properties, and earn dividends from rental income. Over time, you can choose to reinvest dividends into a cash balance and turn your monthly earnings into a down payment. Homebase only requires 2% down and covers all fees, closing costs, taxes, and insurance. We understand the value of homeownership and believe that building wealth and residual income from real estate assets should be accessible to everyone. If our mission resonates, we'd love for you to sign up to get early access.

- We do not charge any fees.
- We work closely with homebuilders, REITs, real estate brokers, cities, and developers to create liquidity.
- We take care of all property management responsibilities, so you don't have to be a landlord.
- We accept Bitcoin, and payouts can be made in Bitcoin as well.

At the moment, we are anywhere between 12 to 18 months away from a public launch and are looking to onboard beta testers from our waitlist.

Website: https://signup.renthomebase.com/invest
Twitter: https://twitter.com/renthomebase


Title: Re: Homebase | Buy homes with as little as 0.0010 BTC
Post by: DarkDays on February 19, 2020, 11:32:43 PM
What happens if your company enters liquidation? How will users claim their fractional ownership over these properties?

Also, how do you deal with issues surrounding foreign ownership? Several countries don't let foreign individuals or business entities purchase land or property, are you going to comply with this, or somehow set up a business in each country to own the property then issue shared to the contributors?

There's a huge number of platforms like this already, how are you going to survive in this competitive industry without even charging fees? Can you clarify your business model?


Title: Re: Homebase | Buy homes with as little as 0.0010 BTC
Post by: pKe on February 20, 2020, 12:04:04 AM
If our company ends up shutting down (90% of startups will fail), you will, at most, experience a slight inconvenience. We do not hold any real estate assets. We operate more like a brokerage firm; while the homes on our platform are registered there, they reside in large funds or at large financial institutions. In case of bankruptcy, you will be issued general shares in those funds. If you wholly own a home, then it is already yours.

At the moment, we are only planning to launch in the US.

We generate revenue from interest earned on rent waiting to be paid out, premium memberships for tenants, property management fees paid for by residential REITs, and through a process similar to payment for order flow.

The only other company I can think of that is doing something similar is Fundrise (https://fundrise.com/), but your money is locked in once it is invested, and they don't allow you to pick and choose individual properties.


Title: Re: Homebase | Buy homes with as little as 0.0010 BTC
Post by: Vod on February 20, 2020, 02:18:02 AM
If our company ends up shutting down (90% of startups will fail), you will, at most, experience a slight inconvenience. We do not hold any real estate assets. We operate more like a brokerage firm; while the homes on our platform are registered there, they reside in large funds or at large financial institutions. In case of bankruptcy, you will be issued general shares in those funds. If you wholly own a home, then it is already yours.

At the moment, we are only planning to launch in the US.

We generate revenue from interest earned on rent waiting to be paid out, premium memberships for tenants, property management fees paid for by residential REITs, and through a process similar to payment for order flow.

The only other company I can think of that is doing something similar is Fundrise (https://fundrise.com/), but your money is locked in once it is invested, and they don't allow you to pick and choose individual properties.

If you don't hold any assets, what do you do with them?

Also, can you clarify your business model, as asked?


Title: Re: Homebase | Buy homes with as little as 0.0010 BTC
Post by: iluvbitcoins on February 20, 2020, 02:07:28 PM
The website is really poorly made if you're a serious project.
Everything you can do there is join the mailing list o.o


Title: Re: Homebase | Buy homes with as little as 0.0010 BTC
Post by: stomachgrowls on February 21, 2020, 09:15:56 AM
The website is really poorly made if you're a serious project.
Everything you can do there is join the mailing list o.o
First glimpse, which you can make this site on Wix without any sweat.  :D  Next, we know that projects that do deal up with realty or any properties etc. would really be that complicated
and have seen this idea wayback before but none of them did succeed. Lastly, no one wont sent out even just $10 for sure.


Title: Re: Homebase | Buy homes with as little as 0.0010 BTC
Post by: cryptosniperjohn on October 01, 2020, 04:00:59 AM
I think that there is no place for crypto in the real estate market nowadays. Well-known companies like 1newhomes (https://1newhomes.com) would not use this technology in the near (maybe distant) future. Who can argue with my argument?


Title: Re: Homebase | Buy homes with as little as 0.0010 BTC
Post by: Lucius on October 01, 2020, 10:45:11 AM
I think that there is no place for crypto in the real estate market nowadays. Well-known companies like 1newhomes (https://1newhomes.com) would not use this technology in the near (maybe distant) future. Who can argue with my argument?

I know the model from OP, and as far as I know, there is already something like that with real estate in the USA - I will not post any links, but whoever is interested should look for keywords fractional investment/tokenized ownership.

It is also very common that today real estate can be bought for crypto, there are dozens of websites that offer just such a service. So I can't agree with your argument that crypto has no place in the real estate market - but I can notice that you advertise your real estate website on a forum dedicated to Bitcoin, which is actually the complete opposite of what you say.