Landshare brings the first Tokenized House Flip to the Blockchain
04 Octubre 2022 - 12:24PM
NEWSBTC
Despite economic uncertainties, the real estate market continues to
present abundant opportunities for investors. According to Zillow,
home values in the US are up 18.2% year over year. Compare this to
the S&P 500 and NASDAQ Composite – which are down 16.7% and 25%
respectively – and it becomes clear that real estate is holding up
far better than most other assets. Investors have taken notice, and
demand for real estate has never been higher — especially for fix
and flip properties. In fact, houses are being flipped at a higher
rate than any time in the last 20 years. And with good reason –
according to ATTOM, the average house flip returns a gross profit
of $67,000 and an ROI of 26%. Landshare, a tokenized real estate
platform on the Binance Smart Chain, has already sold tokenized
real estate to investors from over 30 countries around the world
via the first-ever real estate offering on Binance Smart Chain.
Now, they intend to bring house flipping to the masses with their
new feature, Tokenized House Flipping. What is House Flipping?
House flipping is when an investor buys a property, performs
renovations, then re-sells it for a profit. When done properly,
renovations add more value to the home than they cost to perform –
for example, a fresh coat of paint and new flooring is inexpensive
but can make a worn-down room look brand new. House flipping is the
perfect solution for short-term investors, as it grants a lump-sum
return in a relatively short time frame. The process generally
takes anywhere from a few months to a year, depending on the scope
of the project. Traditional Barriers to Entry Despite being highly
lucrative, house flipping can be difficult or impossible for the
average person to get involved with. In addition to the high cost
of buying a property, potential flippers will also need to navigate
the complicated process of selecting a property, budgeting for
repairs, and getting the renovations done in a cost-effective
manner. Hiring and managing contractors is not only a hassle but
also cuts into the bottom line substantially and can result in a
negative ROI. Investors who elect to do all the work themselves
will save money, but renovating a house requires specialized skills
and a large investment of time. Put simply, the process is
expensive, and complicated, and can result in a loss if done
improperly. Landshare Brings House Flipping to the Blockchain By
leveraging the power of blockchain technology, Landshare’s newest
feature offers fix and flip opportunities with none of the
traditional hassles or barriers. Instead of buying an entire
property and performing the renovations yourself, Tokenized House
Flipping allows anyone to invest fractionally with other investors
around the world, while the Landshare Team handles the renovation
and sale process. The underlying technology behind this new feature
is called tokenization, which refers to the creation of tokens on
the blockchain that represent the ownership of real-world assets.
Landshare has previously used this process to offer fractional
investment in rental properties. Now, they are applying this
tried-and-true method to the first-ever tokenized fix and flip. For
a quick summary of how the Tokenized House Flipping process will
work, here is a step-by-step breakdown: Landshare creates a new
legal entity responsible for the ownership, renovation, and sale of
the property. The ownership units of this entity are converted to
tokens. A limited number of tokens are sold to KYC-verified
investors to help cover the renovation costs of the property. After
the renovation is complete, the Landshare team puts the property up
for sale on the open market. When the property is sold, token
holders can redeem their House Flipping Tokens for their share of
the sale proceeds. Conclusion Tokenized House Flipping is the
latest feature to arrive in the Landshare Ecosystem, which also
includes investment opportunities in rental properties, real estate
NFTs, and a full suite of DeFi features. This new feature expands
Landshare’s slate by introducing short-term investment
opportunities in real estate, a first for the Binance Smart Chain
and the blockchain sector as a whole. Disclaimer: House
Flipping Tokens have not been, and will not be, registered under
the Securities Act of 1933. Accordingly, the Securities are being
offered and sold only to non-US residents in compliance with SEC
Final Rule Offshore Offers and Sales (Regulation S). Additional
restrictions may apply, see the website for more details.
(COIN:XCNNUSD)
Gráfica de Acción Histórica
De Nov 2023 a Dic 2023
(COIN:XCNNUSD)
Gráfica de Acción Histórica
De Dic 2022 a Dic 2023