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Updated over 4 years ago on . Most recent reply
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Multifamily Investing on the Blockchain - has anyone started?
There are providers who allow real estate investing on the blockchain where 50k is not the minimum. you do have to be accredited. I am actually in the process of getting approved. Has anyone else started investing with any of these companies?
I know their names but don't want this post to get flagged for bringing them up when I have no care whatsoever to advertise for them.
Cheers!
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Originally posted by @Will Fraser:
Hey @Bobby Shell, I have not invested with any of these yet, but the inner nerd in me in intrigued! I'm following closely :)
What is cool is you can buy fractional shares anywhere from $50-140 for token for instances. Meaning you are not forced to put 50k+ in a deal with increments of 10k.
I am actually going to invest in a few deals with less than $500 and see how they do over the next year. The partner I am looking at focuses in Detroit and section 8 areas. So I love the ability to invest small amounts in more volatile assets.
THAT SAID... because the money printer goes BRRRRR, I would not be surprised if section 8 does incredibly well because the government will quickly pay those bills with all these UBI talks going on!
Always eager to learn more myself :) Thanks for chiming in!