Does Real-Estate Investments Trouble You?

in blockchain •  7 years ago 

Real estate - The picture that this term creates in our mind resembles a land property alongside a property dealer with an enthusiastic smile.

Real estate business is much more than just that. It has wide avenues to generate wealth quickly. On the other hand, it also requires patience like walking on a landmine site.

It can also be a source of an additional income, like rents. It can also be passed on to the future generations. Real estate can provide you with financial stability. And a well-planned deal can make you really rich.

Although the risks outweigh the profits in many cases.

It is not usually pursued by faint-hearted people due to the nature of this business. It is a venture not for everybody.

It takes some serious financing for owning a considerable estate. And losing that finance over a bad property can lead to debt.

Issues like this make it difficult for investors to step into this arena.

GLOBAL REIT: NOW REIT IS FOR EVERYONE

As established, the real estate industry has a lot to offer to its players and investors. Although despite the great potential of this industry, it is not easy for investors to just jump in. There are various aspects keeping the investors away, like –

  • The requirement of a significantly high capital
  • Finding the finance can be really difficult based on the requirements one needs to qualify before he can apply for a loan
  • Taking out loans to finance may lead to debt.
  • The regular repair and maintenance expenses.
  • If timely repairs are not made to the property, the owner shall be liable to additional fine along with the maintenance.
  • Tax and insurance payments for a rental property
  • Properties in a foreign country require a lot of legal work along with integration with a local partner.

These drawbacks drive away the investors. To combat these risks and challenges, the industry came with another method of Real Estate investment called REIT.

REIT stands for R eal E state I nvestment T rusts. A REIT is a company that owns, operates or finances income-producing real estate. These firms allow anyone to invest in portfolios of real estate assets the same way they invest in other industries – through the purchase of individual company stock or through a mutual fund or exchange-traded fund.

HOW IS GLOBAL REIT BETTER THAN THE LEGACY SYSTEMS?

A REIT company must have at least 75% of their total assets in real estate. The income here is generated via rentals and interests earned in financing real estate.

Another great thing about REITs is that they divide 90% of the total income earned among their shareholders, which opens a room for investors to earn great profits without much of the risk.

Now we are all aware of the revolutionary blockchain technology. The technology has been responsible for evolving every industry.

Global REIT is an integration of REITs with the blockchain technology.

Some of the features of this industry include:

  • Allowing the crypto investors access to real estate industry.
  • All the advantages of REIT with lower risks.
  • Entry into the global real estate markets without the necessity of acquiring an entire property.
  • Giving REITs the option of integrating with a well-established blockchain framework.
  • Entry of already existing real estate investors into a market with liquidity.

TOKENS- FUELING THE PROJECT

Global REIT will have two different tokens dual utility tokens GREM and GRET respectively.

GREM token stands for Global REIT Fund Manager Token and GRET stands for Global REIT Asset Token. The dual utility token system is devised such that every user will have a share in both Fund Management Company returns and the Asset Owning Company returns.

There will be a total of 200,000,000 GREM and 75,000,000 GRET registered tokens. Out of these, totally 79,285,714 GREM and 16,650,000 GRET will be issued.

The Pre-ICO begins on 1st May 2018 and will run till 31st May 2018. GREM TOKEN costs USD 0.070 and GRET costs USD 1.000 per token. The Accepted payment methods are Ethereum (ERC-20), BTC. Bonuses are offered.

The Public ICO begins right after Pre-ICO on 1st June 2018 until 30th June 2018.

GREM TOKEN costs USD 0.070 and GRET costs USD 1.000 per token without any bonuses. The Accepted payment methods are Ethereum, BTC.

FINAL VERDICT

It is usually perceived that "More the risk, better the profit". This perception has never failed to prove its veracity. The real estate market consists largely of risk-taking. But what if it is possible to earn more profits with lower risks?

The Global REIT brings forth a platform where one can earn as much profit without taking a lot of risks. Because at the bottom-line, it all comes down to how much you are willing to put at stake?

For more details visit the website: http://www.globalreit.io/
ANN Thread: https://bitcointalk.org/index.php?topic=3341986
For queries : https://t.me/GlobalReit

Author: Yalsik S
Bitcointalk username: yalsik.s
Bitcointalk profile URL: https://bitcointalk.org/index.php?action=profile;u=1943321
Wallet: 0xb6cf3E7a9c0CAd8F8297d2Dc445c086994eB6E92

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