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Tokenized House Flip Offering Now Live
- November 21, 2022
- Landshare Team
One of our most long-awaited features is almost here — Tokenized House Flipping! For decades, savvy real estate investors have earned significant profits from buying, renovating, and reselling properties. Traditionally, the house flipping process required large sums of money, technical skills, and months of hard work.
With our upcoming Tokenized House Flipping feature, we are bringing this highly lucrative investment type to the blockchain for the first time ever! Don’t stress yourself out finding the right contractor, budgeting for repairs, or getting the property sold — simply invest as little as $50 and let the Landshare team handle the rest. Redeem your House Flipping tokens for a lump sum when the process is complete, giving you all the benefits of flipping properties with none of the hassle.
Announcing the first Tokenized House Flip
We are happy to announce our next Tokenized Asset offering! The first ever Tokenized House Flip offering will go live on November 21st, 2022! Landshare is once again making history by offering the first Tokenized House Flip Protocol on the Binance Smart Chain.
About the property
The first property we listed for our Tokenized House Flipping feature is a charming single-family home located in Rapid City, SD. This 4-bed 2-bath property offers plenty of space with a large family room, and a backyard perfect for entertaining. The central location to schools, grocery stores, and nearby parks make it the perfect home to any family or couple that wants a forever home that they can grow in to.
With a little effort, this property can be elevated from its neglected condition into a full updated, modern home. Each room will be updated from head-to-toe to make buyers feel like they are viewing a newly constructed property. Some paint, flooring, and hardware will give this property the facelift it needs to make anyone want to move in. Learn more about the property by clicking here.
Financial summary:
- Total investment: $26,500
- Estimated ROI: 9–17.4%
- APR Equivalent: 27–52%
- Token Price: $50.00
- Total tokens: 530
How to prepare for the sale on November 21st
We know many users are excited about our Tokenized House Flips and want to be prepared so they don’t miss out on this new type of offering.
To prepare for the upcoming offering you must simply have an account registered on our Tokenized Asset Dashboard. If you have previously completed KYC on our Dashboard, or have invested in previous Tokenized Assets, you are ready to go!
For new investors beginning their real estate investment journey, please read our detailed guide on how to get started here:
Landshare Tokenized Asset Dashboard Walkthrough
If you were one of the pioneers that invested in the first Tokenized Asset then purchasing will be just like before. Simply log into your account through our Dashboard, select the property, and make your investment.
House Flipping Resources
The Landshare team has created various resources pertaining to our Tokenized House Flipping protocol. While waiting for our offering to go live you can dive deep into the renovation process and learn about what House Flipping is and what it has to offer.
Follow the Flip
Our Follow the Flip series gives users a behind the scenes look at our renovation methods, before and after photos, and progress towards completion.
House Flipping Information
The Landshare team has also created resources to help explain what exactly House Flipping is to those that are unfamiliar with the concept. To learn more about Tokenized House Flipping and some general information about house flipping, check out the posts below:
Landshare App
To track the progress on the renovation for the property in real time you can head on over to our app and navigate to our Tokenized Asset offerings or click here. Here you can see the progress of each room, including before and after photos.
New to Landshare? Learn more about the platform at docs.landshare.io.
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