I like the idea of locking nearly half of the tokens for 5-10 years.
But I have few questions:
1. How many people is your team?
2. Do you have real estate specialist in it? If yes - name, please.
3. Where do you plan to buy the properties? Touristic or not and so on.
Just give some more detailed info.
Sorry for the delayed response it seems with the newbie account some of our responses were put in drafts instead of the actual post.
1. We currently have 4 people on our team (Excluding DIVASM LLC partnership).
2. Yes, we currently have a real estate specialist on our team (Aaron Hoffman).He has a BA in Real estate and bisnuess principals and is currently the CEO/Co-founder of DeliverTHAT which is a company that is based in Ohio and has done nearly 1 million in Delivery sales this year alone. His linkedin is
https://www.linkedin.com/in/aaron-hoffman-825911b03.Our main focus will originally be in college towns with large out of state student populations.Our first area we will begin purchasing properties and developing land is Fayetteville, AR as nearly 40% of the University of Arkansas are out of state students.We are also beginning in Fayetteville, AR due to the fact as this is where our partner company in this project Division Asset Management (DIVASM LLC) already has duplex rental properties in that area.We believe that college students would be the best demographic to gain a foothold in first as most are already well versed in technology and our 10% deposit discount when using Rent Token will be very attractive to new college students.