What are you planning to do with the property you have already bought? Rent it out?
Nothing has already been bought, we are still in phase 1 of fund raising.
For maximum ROI we buy and sell on a 9-12 month cycle. In some cases this will be rented but the goal is not become landlords, we are selling the assetYour coins will be tied to a particular real estate object. Or will it be like a fund for the subsequent purchase of real estate?
Your tokens will be used against the purchase of an asset which will be formed as an SPV company. So while backed against the hard asset, it is a fund structure as there is no transparency in token holder information to include on ownership docs they will be held in an SPV which will repay profits back the investors through ETH
Thanks for the answer. What criteria will you have for selecting real estate?[/size][/color]
We filter out suitable opportunities and then we do due diligence with a 3rd party provider in that territory
Anything else let me knowAre you better at flipping real estate than penning grammatically correct prose?
We filter out suitable opportunities and then we do due diligence with a 3rd party provider in that territory
I thought your wife was acting as the 3rd party due diligence person thingy. Did she quit?