Quote from: Aamir1 on November 07, 2017, 06:21:26 PM

I totally agree with BillCoin on this. Why to invest in a ICO related to real estate while you can invest the money into real estate yourself? All you gotta do is to cash out the money in fiat and invest them in real estate business and you are done. You don't need to involve any third party into your investment, and you can never believe someone else in property business, as long as you don't see everything yourself. How can you give away your money to someone and ask them to invest them into real estate and give you returns? What if they don't do so? What if they run way with your money?

The allure of the "real estate ICOs" is that you can invest with smaller amounts of money. Similar to REITs.

You can't just go and buy a bit of a house for $10000 or something and most people won't even get a buy-to-let loan. Those that do still find themselves facing very high risks.

Real estate is a harsh market with generally low profits and low liquidity, so it's not quite as simple as you make it seem to be.

The blockchain could solve these issues, but so far we're nowhere close to a practical solution.