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How To Claim $50 Worth of Real Estate
Fractional Ownership of Real Estate. How does it work?
Portions of real estate property can be bought for as little as $50 and you receive rental income every single day at around midnight UTC. Rental income shows up in the Assets Overview section of your Lofty Dashboard under the Current Balance and can be withdrawn anytime by:
Bank Transfer (ACH)
PayPal
Algorand
USDC (Algorand)
STBL (Algorand)
Donate to Charity
Try it out by using our link to join Lofty to get $50 in property.
On the Lofty platform you’ll find short term rental properties listed on sites like AirBNB, commercial real estate, leased properties and even owner occupied properties where the owner is willing to pay you and other investors “rent” in exchange for giving up some equity in their property.
Lofty has a marketplace where you can buy and sell portions of properties from others and trade these portions of properties like stocks where you can set limit orders on the buy price or sell price of properties and if someone else is willing to buy from you or sell to you the property you are interested in, the transaction takes place automatically. For as many days as you own the property, you collect daily rent (from the past month’s rental payment received divided by the number of days in the month after that rental payment was collected).
From a $50 credit, this commercial real estate property in Iowa has been a “test investment”. It is a 4-unit retail building built in 2010. The tenants include McDonalds, Domino's, US Cellular, and a Real Estate Office. All tenants are on multi-year triple-net leases (NNN). This means that the tenants pay all the expenses of the property including real estate taxes, building insurance, and maintenance.
Since February 2024, rent of about $0.008 has been paid daily from this $50 credit.
Purchasing additional tokens would increase the daily payouts. If instead of holding 1 token for this property, 1,000 tokens were held ($50,000 worth of property), those daily payouts would be about $8 and on 5,000 tokens ($250,000 worth of property), those daily payouts would be over $40.
The property pages on the Lofty website show projected rental yields. Some properties pay higher rental yields and some pay lower rental yields. Also factor in the token price history whether it’s gone up or down in value, the property’s operating reserve, the current yield and Cap Rate, property market cap and number of tokens available.
For Property Owners:
Lofty provides a quick and simple way to sell equity in your property with a low 3% fee (as of October, 2024), eliminating banks, agents, and title companies from the process. After an inspection and appraisal, your property deed is transferred to a Wyoming LLC, and Lofty creates a custom property page for you. This allows you to sell equity to thousands of investors while retaining ownership and rental income based on the equity you keep. You can also manage the property yourself and charge investors a management fee if you choose.
Owners like Prosper, who sold 50% equity in a home in Colorado used as an AirBNB rental, now earn 50% of the rent while continuing to manage the property and charging investors a 20% management fee. Michael, another property owner, is selling $500k of equity in his Oregon home, paying rent to investors and planning to buy back his equity over time. Lofty offers a streamlined solution for property owners seeking liquidity without giving up control.
You can sell equity in your property on Lofty even if it has an existing loan. The listing price must be within 5% of the appraised value, and you must retain at least 10% equity. Lofty charges a 3% marketplace fee whenever you sell equity, and you can buy back your shares of equity whenever you wish.
Lofty also takes care of bookkeeping and tax calculations for you, providing a filled-out 1099 at the end of the year. As a property owner, you can continue managing the property and even charge investors a management fee for your services.
Try Lofty out today: https://www.lofty.ai/refer?utm_source=growsurf&utm_medium=referrals&utm_campaign=referral-program&grsf=johncookre-f7s2rh
Interested in investing in fractional real estate or listing your property on a fractional real estate marketplace like Lofty? Reach out to us at any time via email at [email protected] | [email protected] or by phone at 347-688-2675 (Ameer Lowe) | 212-335-0590 (John Cook).
Both Ameer and John are prepared to support you throughout the entire process/journey.
We look forward to hearing back from you soon.
Have a great day! Thank you.
Ameer Lowe
Licensed Real Estate Salesperson
Direct: 347-688-2675
Email: [email protected] | [email protected]
John Cook
Licensed Real Estate Salesperson
Direct: 212-335-0590
Email: [email protected]
ΓEA⅃ Broker Commercial, LLC
Office: 855-450-0442
Address: 477 Madison Avenue, Sixth Floor, New York, NY 10022
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