Tokenizing is a very latest concept that is introduced recently. In tokenizing a property is divided into various small tokens and this token can be purchased by anyone around the world. Purchasing a token means partial ownership in a company. Many platforms are coming forward to implement this concept. Tokenizing is the same as buying a share of a company but in this, you buy a share in a property.
If you are thinking about whether you need to maintain the property then you are wrong. There is no need for maintenance as well as repairs. All these will be done by the platform providing tokens. This is very beneficial for those who do not have a large amount to buy a whole property.
One of the leading platforms in this area is Real Token. It is providing various benefits to the investors for investing in real estate. Today, we will provide details about this fractional real estate investment through RealT.co: is it reliable and legit?
How does fractional real estate investment work ?
The main idea behind this platform is to encourage people to invest in real estate. Some of the other ideas of this platform are:
Unique tokens
It has a finite number of representative tokens which represents a particular property. Based on this token they have the right to vote on property decisions and collect rent. This unique token method distinguishes all the investors with one another. This is a very great feature.
Property managed
You do not have to worry about managing a property as you can get your property managed on your behalf. There is no need to spend even a single penny on the management of the property. The management includes sourcing tenants, collecting rent, and repairs of the property too. All these will be done on your behalf.
LLC Owned
The property listed in this platform is owned by LLC (Limited liability corporation). With the help of this, the tokens can be made by them legally and you can trust them very easily. So, if you have any doubt about losing your hard-earned money or being a part of fraud then once check this out.Daily rent payments
They provide a very attractive benefit of daily payments. You can withdraw your funds daily. As in blockchains, you need to wait for at least 30 days for receiving the payment. They are providing the rent very frequently is due to their fast-frictionless transactions. And your bank account can receive the payment within minutes.
Steps of settling transaction: from the Tenant to your bank account
There are six fast steps of transferring the funds. These steps help in transferring the payments automatically to the investor’s account. These steps are:
Tenant
In the first step, the tenant pays rent to the company in USD. A tenant generally pays the rent in advance at the starting of the month. Due to this reason, an investor can withdraw the payment every day very easily.
Pays USD
The tenant pays the rent in USD but the investors are from various corners of the world. So, to settle the transaction the rent is firstly forwarded toward the management not to the investor directly.
Management
Then the management receives the rent and converts it into USD token as the transactions done on the website are with the medium of USD token. So that is why it is converted into USD token. RealT use those tokens that symbolize the rent.
Sends USD token
Then the management sends this USD token to the real token owners. The USD token is given based on the share of the property with the help of a token. So, people who have a larger share will get more token and who have a smaller share will get less token.
Real Token owners
This token from RealT is then received by the real owners of the property or the token owners. The token owners then request the withdrawal and the money gets deposited in their bank account.
To bank account
At last, their bank account gets credited with the withdrawal amount. This way people around the world can easily get their payment in their bank accounts.
Main benefits of Investing in Managed Properties with RealT
There are many benefits of this exists. RealT is an already managed platform that own real estate properties that are available to rent in USA. Some of the major benefits you will receive in this are:
Sources tenants
If you have invested in a property and you want a regular rent, then you do not have to spend your time looking for a tenant yourself. The second party will itself find the tenant for you. It will save you from a very big Chao of searching for a tenant. RealT works with local partners to find you reliable tenants.
Collects rent
You do not need to personally contact the tenants for receiving rent every month. This is also done by the company on your behalf. The rent will be collected and sent in your bank account easily.
Manages repairs
Many times, you need to maintain as well as repair your property. All these things will be managed by them and you do not need to spend even a single penny in the management of the property.
Collect rent every day
It is a very great feature. You can easily collect the rent daily. Now you do not have to wait for a long one month. Now easily get your rent payment in your bank account within minutes.
Conclusion : RealT.co – reliable and legit ?
So what about RealT reviews : is it a scam or a legit service ? This is a great platform for ensuring a regular cash flow from an owned property. This concept is increasing rapidly among investors. So, you should also check this out and gain some knowledge of investing in this field. This way you can easily become an investor in real estate. First, try to understand everything about it and take expert guidance about the investment.
For earning more rent, you will have to use your skills in investment before investing. Evaluate all the houses available and choose carefully the one in which you want to invest. As the intermediary company does not provide any guidance or strategy about investing in the property.
You must be logged in to post a comment.