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Topic: REALT - Fractional and frictionless real estate investing - MY EXPERIENCE (Read 923 times)

brand new
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Merit: 0
Your idea of transforming the property into shares is genius. Property investment requires a large amount of capital and can take a long time to provide returns. However, it's often considered a safer investment than shares, and you can use equity to build your portfolio without more capital needed. But if you have smaller sums of money, it is easier to buy shares. Do not forget to complete eicr when purchasing a house. I forgot and could not sell a home because of it. As for the cryptocurrency part, I believe it is an excellent opportunity to become even richer. So I wish you luck with this project.
brand new
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The idea is not very original but it works if you know what to do and if you have a little bit of luck. But if you search for a property to make shares from them, suggest https://www.lumina.com.ph/property-listing. They sell homes with high-quality materials and a buyer can pay for as little as Php 1,898 a month at 3% interest for a brand new home. Sparing no expense, Lumina developments are part of master planned communities that come complete with amenities like a community hall, basketball court, mini gardens and playground, and commercial areas in the near future. As you can see properties are solid and prices are affordable and profitable, you’ll earn very much when divide into shares.
brand new
Activity: 0
Merit: 0
Good history. Investing in real estate is risky but a small percentage of people fail and lose money. For sure, in the beginning, it is a little bit hard because you have to take care of the design, repairing, taxes, etc. But then all is much simpler. You can quickly get a good income through the apartment you rent. For example, I bought an apartment with the help of a company of buyers agent from Sydney, and now I have people who rent it. All is easy. I rarely go to the apartment, only monthly. I meet with clients to get the money. And about token holders, I think that is the same, and they also can suffer losses.













________________________________
the link: https://www.wealth360degrees.com/buyers-agent-sydney
legendary
Activity: 2632
Merit: 1212
Livecasino, 20% cashback, no fuss payouts.
Burned by a real estate gig I took part in 2 years ago or maybe 3, too unbothered to check. It's a really complicated business as it is and totally unsuited for a startup style that blockchain people love (fast, random, and no communication just promises).

Blockchain used to track expenses and transfers etc are all nonsense as none are more than regular ERC20 tokens that do nothing except pay for services.
brand new
Activity: 0
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Real estate investments are considered by many to be the safest types of investments you can make. Unfortunately, for the inexperienced, things are not as rosy as some suggest. We buy houses orlando and at first without knowing anything we started investing in real estate but it was not a good idea without being informed and knowing everything about real estate. Lately, more and more people are thinking of expanding their sources of income. And the field of real estate investment seems to be more and more sought after.
hero member
Activity: 1974
Merit: 756
To boldly go where no rabbit has gone before...
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
hero member
Activity: 1974
Merit: 756
To boldly go where no rabbit has gone before...

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.
member
Activity: 812
Merit: 10
BountyMarketCap
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.
hero member
Activity: 1974
Merit: 756
To boldly go where no rabbit has gone before...
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
legendary
Activity: 1736
Merit: 4270
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?
legendary
Activity: 2422
Merit: 1207
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.
legendary
Activity: 1736
Merit: 4270
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?
legendary
Activity: 2422
Merit: 1207
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?
legendary
Activity: 1736
Merit: 4270
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?
hero member
Activity: 1974
Merit: 756
To boldly go where no rabbit has gone before...
Just to post a quick update on the project;
They've introduced fiat payments as well, so now you can buy directly with fiat if you prefer

Hint hint: Crypto.com card has cashback Wink
hero member
Activity: 1974
Merit: 756
To boldly go where no rabbit has gone before...
A very big update.
RealT introduced it's first property in Florida!
hero member
Activity: 1974
Merit: 756
To boldly go where no rabbit has gone before...
So far from the beginning of your journey with this real estate project to date has been smooth and now looking very promising at least from the look of things (although we can't tell if they will keep it up for a longer time) because of your constant update of this thread, am beginning to find this project attractive, I will keep following to see your progress before I make any decision,
It will be nice to see legit and trusted real estate project in crypto space that is actually paying and doing well, good job with updating the forum.

Yes, so far so good.
I've actually moved all my property tokens from MEW wallet to Ledger X wallet, so they're as secure as they can be. If you're interested in the process, let me know.
Also, if you're thinking of investing, pm me so I can shamelessly give you my referral code Cheesy
hero member
Activity: 2408
Merit: 693
Undeads.com - P2E Runner Game
So far from the beginning of your journey with this real estate project to date has been smooth and now looking very promising at least from the look of things (although we can't tell if they will keep it up for a longer time) because of your constant update of this thread, am beginning to find this project attractive, I will keep following to see your progress before I make any decision,
It will be nice to see legit and trusted real estate project in crypto space that is actually paying and doing well, good job with updating the forum.
hero member
Activity: 1974
Merit: 756
To boldly go where no rabbit has gone before...
It feels good to see a real estate crypto project that is functioning properly, I'm just hearing about realt today, after checking the project out it's near identical to CHL Coin from Chellecorps, Realt daily interest is not bad at all, pretty low means it's legit, all the best

Yeah except Chelle coin seems to be dead and/or scam, while RealT is fully functional.
full member
Activity: 952
Merit: 110
It feels good to see a real estate crypto project that is functioning properly, I'm just hearing about realt today, after checking the project out it's near identical to CHL Coin from Chellecorps, Realt daily interest is not bad at all, pretty low means it's legit, all the best
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