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Author Topic: REALT - Fractional and frictionless real estate investing - MY EXPERIENCE  (Read 1016 times)
zasad@
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June 27, 2020, 10:07:42 PM
 #41

Do I understand correctly that you first invested $ 208 to get $ 21 profit every year? It is probably safer to buy ETH, wait until it grows by 10-15% and sell Smiley
Can you sell Realtokens?

You can't really compare investing in real estate and in crypto. Investing in real estate is considered to be a safe investment and in crypto you never know. Imagine if you invest your life savings in ETH and Vitalik tweets that ETH 2.0 is canceled because they can't develop it? What would that tweet do to the ETH price and your investment?
Real estate investment is a very very risky business. Real estate requires repairs, insurance, taxes and its price depends on the economic situation in the country.

I wonder if the token holders will suffer losses?
Under the law, a property owner makes a profit depending on his share, but what about the losses?

...AoBT...
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..HIRE US..
slackovic
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June 28, 2020, 06:03:00 AM
 #42

Do I understand correctly that you first invested $ 208 to get $ 21 profit every year? It is probably safer to buy ETH, wait until it grows by 10-15% and sell Smiley
Can you sell Realtokens?

You can't really compare investing in real estate and in crypto. Investing in real estate is considered to be a safe investment and in crypto you never know. Imagine if you invest your life savings in ETH and Vitalik tweets that ETH 2.0 is canceled because they can't develop it? What would that tweet do to the ETH price and your investment?
Real estate investment is a very very risky business. Real estate requires repairs, insurance, taxes and its price depends on the economic situation in the country.

I wonder if the token holders will suffer losses?
Under the law, a property owner makes a profit depending on his share, but what about the losses?

As far as I know, token owners are not responsible for repairs and taxes. Properties are insured from fire, flooding and other natural disasters. The only risks are od the property loses it's tenants pr if the value od the property decreases.

I think that investing im crypto is even greater risk than investing im real estates. You can invest in some shitcoin which value can dump over night and you lose ali your investment.

zasad@
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June 28, 2020, 08:43:32 AM
 #43

Do I understand correctly that you first invested $ 208 to get $ 21 profit every year? It is probably safer to buy ETH, wait until it grows by 10-15% and sell Smiley
Can you sell Realtokens?

You can't really compare investing in real estate and in crypto. Investing in real estate is considered to be a safe investment and in crypto you never know. Imagine if you invest your life savings in ETH and Vitalik tweets that ETH 2.0 is canceled because they can't develop it? What would that tweet do to the ETH price and your investment?
Real estate investment is a very very risky business. Real estate requires repairs, insurance, taxes and its price depends on the economic situation in the country.

I wonder if the token holders will suffer losses?
Under the law, a property owner makes a profit depending on his share, but what about the losses?

As far as I know, token owners are not responsible for repairs and taxes. Properties are insured from fire, flooding and other natural disasters. The only risks are od the property loses it's tenants pr if the value od the property decreases.

I think that investing im crypto is even greater risk than investing im real estates. You can invest in some shitcoin which value can dump over night and you lose ali your investment.

What do you think landlords pay rent? Every day or once a month.
Why pay out coins to token holders daily?
Each transaction requires additional costs.

If we talk about investing in cryptocurrency, do you think that will happen sooner? The price of bitcoin or ether will rise 2-3 times in 8-10 years, or will you pay back your investment in real estate?

...AoBT...
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The Alliance
of Bitcointalk
Translators
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.
..JOIN US..

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btcltcdigger (OP)
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August 04, 2020, 10:52:17 AM
 #44

After about 4 months of actively investing and participating in this project, I've written some tips and tricks on how to squeeze every cent out of it.
You can find them here https://medium.com/@btcltcdigger/tips-tricks-when-investing-with-realt-8379962c1a4e

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August 04, 2020, 11:01:31 AM
 #45

History:

Few years ago, I've worked with an individual from US who had, at that time, an idea new and interesting to me. This idea was to buy some property, divide it into shares, and sell shares to anyone willing to invest.
The premise was, that property value was equal to sum of all shares. So each share had a value directly proportional to the value of the property.

Meaning, if property X was valued at $100k at time of purchase, and we decided to split it in 100 shares, each share would be valued at $1k.
If the property market was good, and value of the property was now assessed at $120k, this means each share would now be valued at $1.2k.

In addition to that, the property, would be rented out. The rent would be collected by the company, management fee's subtracted, and what's left would be divided into Y parts, where Y was the number of shares for this property. Then, depending how many shares of the property you own, you would get as big of a slice of the rent money.


Present time:

Few days ago, I came across an article that mentioned the idea above, but tokenized and on blockchain. Which means, shares could be purchased with crypto, as well as fiat.
This article was talking about https://realt.co/
I've spent days looking at the website, trying to figure out if it's a scam or legit.
So far, all of the facts point that it's legit.

Few days have passed, and i decided to give it try. I purchased several shares of this estate: https://realt.co/product/20200-lesure-st-detroit-mi-48235/
Payment was done via coinbase widget, i chose payment in ETH. I bought total od 3 shares for i think $208, aka 1.09 ETH at that time.
The website is promising $7.11 per token per year. So tehnically this will be 0.058 cents per day. Lets see...

The idea of this thread will be to give you guys review of the process, and if in fact the whole idea is legit or not. I'll try to give as much info as possible, and try as many options as possible.
If everything checks out, this could prove to be a really nice long term passive income stream, so I'm giving it a go and hopefully will be able to provide insight. Worst case, i lose some money.
I'll be posting updates every so often, but my main goal here is to see:
- if i really do get the tokens
- if i really do get daily interest
- if i can in fact sell the shares i bought, and hopefully make some profit on it



This is a live feed how much DAI & USDC i have made from the property:




(if the image doesn't load, just refresh)


Update#1:
After completing my purchase, the website requested i do KYC. No problem, KYC info submitted, waiting for further details...
Update#2:
Their support claims that they have an issue with KYC, and should be resolved by the end of the day. Lets see... (screenshot)
Update#3:
KYC system still broken, KYC still not done. Hopefully today is the day
Update#4:
KYC has been approved, and legal document has been issued for digital signature between me and the realt.co. My side is signed, waiting for them to sign.
Update#5:
Documents have been signed by both sides, and tokens have been sent to my ERC-20 wallet.  (screenshots)
Update#6:
My daily DAI interest has arrived at my ETH wallet. (screenshot)
Update#7:
DAI is coming every day.  Granted, it's only been 3 days, but still, shows promise (screenshot)
Update#8:
The payout was switched to USDC while DAI peg to USD is unstable
Update#9:
Bought additional tokens which should increase my daily revenue to 13 cents
Update#10:
Bought additional tokens which increased my daily revenue to just under 20 cents (screenshot)
I like real estate big time and especially when it is coupled with blockchain and tokenization but to be honest there is also fear before investing in such projects due to so many scams in recent past everyone will have trust issues. I will keep following this project and decide how it comes out. One way to build confidence is that the team should do regular AMA type sessions with the investors and may be a monthly newsletter with all the details of events and happenings related to the project.

  ●   KEEP CALM & HODL   ●
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btcltcdigger (OP)
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August 04, 2020, 12:37:54 PM
 #46


I like real estate big time and especially when it is coupled with blockchain and tokenization but to be honest there is also fear before investing in such projects due to so many scams in recent past everyone will have trust issues. I will keep following this project and decide how it comes out. One way to build confidence is that the team should do regular AMA type sessions with the investors and may be a monthly newsletter with all the details of events and happenings related to the project.

Every 2 weeks on Thursdays there is a community call on zoom where you can join and ask questions, directly to the team and founders.

btcltcdigger (OP)
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October 19, 2020, 08:29:22 AM
 #47

Basically they moved it from Zoom directly to youtube.
You can follow their channel and see when it comes online  https://www.youtube.com/channel/UCIUnPBs55STUL16VDQOHBWg

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October 30, 2024, 05:47:45 AM
 #48

Real estate investing has historically been reserved for those with substantial capital and resources, making it difficult for everyday investors to access. However, REALT’s fractional real estate investing platform changes the game, allowing users to buy shares in properties and generate passive income from rents and property value appreciation. This approach brings liquidity and accessibility to the real estate sector, providing a unique, user-friendly experience for anyone interested in real estate.

Working with a real estate app development company that specializes in fractional investment solutions like REALT can enhance accessibility and transparency in real estate. Through technology, these platforms ensure secure, efficient transactions and offer intuitive interfaces for users to monitor their investments. In my experience, fractional ownership has never been more accessible, and I’m excited about the potential for more innovations in this space.
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