Stake Eth for more Eth to buy properties and collect rent then buy more property
Eth staking 2.0 -> Slumlord of Future
Caleb Thomas
Ryan Jenkins
Properties on Defi, I will own Detriot soon
Owen Young
Tokenizing real estate all over the world allowing investors for example bunch of jeets in country farming rice can invest $50 in real estate in the US.
Right now only outside US can invest unless accredited investor.
But imagine all the other shit that can be split with contracts, people in debt can sell 10% of their salary for payment...slaves are back in town
Ryder Russell
Wtf is this? I can buy real estate with ethereum and defi and never have to interact with tenants? Explain to me slowly.
t. brainlet faggot
Jonathan Bailey
No they use property managers, so never have to interact with tenants.
US based company and have office is US. They buy up property in full so no mortgage. Then they file separate LLC for each property.
Tokenize the property with bunch of tools and uniswap so they automate the shareholders of the LLC.
For example this property in picture there are 4000 tokens. So if you own 1/4000 you get 1/4000 of the rent collected each month after the usual real estate expenses (property manager, taxes, etc.)
They pay out daily which is kinda retarded because it would be better at the first of the month in one big payment but instead spread it between the month.
Good access to properties that are grossing 8-12+% annually without having to put a lot down.
And they keep a reserve on compound incase of property damages or mishaps so they have that end covered.
Hudson Walker
This is a good explanation from them:
Eli Sanders
wew lad actually interesting thread
Carter Clark
ETH is the new bitcoin. Bitcorn is a jew coin and going nowhere, eth is peoples coin
Cameron Gomez
Tokenized real estate is a great use of ethereum, but I wonder if the additional expenses and risk will be worth it instead of just staking. 5 percent yearly returns on staking will make Ethereum attractive to large investors, as they usually look for stable returns in that range. In order to push down staking rewards to that range, between 10 and 30 million ETH would need to be locked into ETH 2.0 validators, which represents 10 to 30 percent of the coin’s total circulating supply. Locking up that much of the circulating supply creates a supply shock, scarcity will create a price spike. The price spike will push those same investors into buying more ETH in order to stake more of it, which would, in turn, create a ripple effect causing a general market upturn. The FOMO among retail investors will reach its peak and begin buying heavily into ETH to make sure they don’t “miss out,”. Unlike the bull run in 2017, this one will happen much faster as there are more fiat on-ramps available and hundreds of millions of verified users on major exchanges.
Mason King
So u can read Twitter too I see