Tech Startups Want to Disrupt the Real Estate Market
ฝัง
- เผยแพร่เมื่อ 15 ต.ค. 2024
- If you’re feeling priced out and frustrated by the Bay Area housing market, there are now startups working to make things easier for you. Scott Budman reports.
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Its like buying an imaginary home giving you an illusion that you are investing in real estate. But you are not really living in that home you invested in.
Or it likes buying fractional shares of a home. Collect daily rental payouts and have the option to diversify into others, sell you're shares or watch your investment grow.
Are you invested in stocks? If so, then in your own words "buy an imaginary company giving you an illusion ...". The reality is people that invested in Amazon, Google and Apple in the late 90s are all multimillionaire now. And those people that criticised the same people are now consumers that pay them to use their products.
Sooooo sketch. So dump your house money on a tech startup and trust that they don't go under and take your money with them. Hmmm
Housing should be exempt from investors.
Personally I'd really love to own real estate properties as well as REITs, I've been informed of people making as much as $30,000 from these investments and If anyone could be lenient enough to share, I'd really love clue and tips on how to maximize profit
My strategy is to start with Reits and then move to Real time real estate investing
@@verndubin2209 I began investing in REITs made enough profit in a year to buy rental units and parking lots and I'm still investing in Reits and my real estate properties which brings in roughly $480k annually
@@idellameyer7411 wow! do you think you can give me some advice on how to invest in a healthy way as you are doing? please
@@melaniewelch9267 My advisor is *Julia Renee Lindberg* I found her in a business magazine where she was featured and reached out to her afterwards. You can look her up online if you care supervision, just search her name
@@idellameyer7411 Thanks for sharing, just looked up
on google and I'm super impressed with her credentials. I dropped an email on her webpage and hope she replies soon
Successful people don't become that way overnight. most people you see as a glance-wealth, a great career, purpose-is the result of hard work and hustle over time. I pray that anyone who reads this will be successful in life..
Greatly well said; Wondering if viewers here are familiar with MELISA PAMELA PEREZ tradng strategy..?
@@christopher8633 All good investors are conversant with Ms. Melisa Pamela , She's unique in the field just got to keep to her instructions and you Excel
@Ossip Pavlov Exactly the mindset is to diversify your investment, don't panic when everyone else is and invest consistently.
@André Correa That's impressive. Are you giving her your fund or the fund stays in your trading account? What's really the idea behind copying trades.
Chosing to invest in the Cyptomarket is the best decision anyone can make, with the right approach, it works.
And one day you will try to open this app, but it would be offline and no customer service reachable, and you agreed to this liability when downloaded this app.
I'll bet you right now that high-tech criminals are looking into this possibility so I'm going to say no on this electronic real estate mumble jumble.
I don't understand your logic. What does high-tech criminals have to do with lofty's product? Can you please elaborate?
Isn’t this at least part of the problem? Too many investors/investment companies in real estate pushing would be home buyers out of the market. If we treat housing more and more like the stock market the more volatility you’ll get and consolidation by a few large players.
Yes, this will add on to an already crowded housing market. It's not a solution for all. Just a way for some to get in the housing market
the title of this vid should be “start up trying to make the housing market a-lot worse than what it is”! Print that instead.
100%
So Zillow but with banking, that involves crypto-currency, no liability coverage or oversight? Just the solution we needed.
😂😵
lol... this is just another snake in the grass who wants to become rich taking advantage of the dumb who think that buying into a reit with no property management experience is a good idea. plus, reits , which is what they are doing but acting like a tech company, are normally not liquid for 10 - 20 years and the returns are really not that great. most reits cant even pay the investors back and settle for pennies on the dollar.
It doesn’t involve cryptocurrency. The blockchain is just used to store the fractional ownership data.
Hope lofty goes bankrupt soon
Kids in 2022, owns 1/400 of a rental investment in TX, just to keep the bubble going.
Sounds like more exploitation
Sounds more like you’re helping someone else buy a house.
I think you'd be better off investing in REIT's if you want to add real estate to your stock portfolio
Agreed REITs have been around for years
I think this is better than REITs. You know exactly what you’re investing in and have more influence regarding how you’d like the property to be managed by the PM.
thats all they are doing but acting like it is a tech company. tech is the new buzz word without substance. one idiot tried it in the commercial market and his company is now in the gutters .. they also made what he was doing novel until it wasnt ..
the only problem with any form of reits is, how do you get your money out unless it matures and they normally dont pay any dividends and most tend to fail because of mismanagement of funds ... if this is how they want to save to buy a home , it proves that the younger generation isnt that smart...
@@bjvu9460 You can trade REIT's on the NYSE. Like investing in warehouse space with Prologis, or commercial real estate with CBRE, etc. I'm not sure what sort of REIT's you're talking about.
tech startup makes money - investors make less
You shouldn't he allowed to invest in real estate! Homes are for people to live in, not make money off of. My partner and I are stuck living with my partners in the bay because its too expensive to be on our own, and as a queer couple we don't feel safe leaving the state. This is only going to help the elite get richer while the demographic this is aimed for (young working adults like me) are going to continue to suffer
Lay off the pipe.
@@Trentberkeley86 😂 this can mean multiple things and they are all funny. Think for the laugh brother.
Understand, there are REITs that only deal with hospitals, server farms, and commercial. I would invest in that rather than REITs that take away from home ownership.
@@toddspangler6669 what is right or wrong is pointless because that’s not how the system works. You have people making trillions selling fossil fuels that hurt the planet, guns, bombs and whole bunch of other bad shit but let’s make buying a second or third home illegal? Doesn’t make sense at all. Move to where you can afford a home or rent. It’s that simple.
@@Trentberkeley86 I have no problem when mom and pop landlords buying homes. I just don't like huge companies like BlackRock buying 1000s of homes at a time. This drives up prices for housing and creates a rent only option in some markets. Some countries have laws that prevent foreign investors and ibuyers from buying up all the properties for that reason. The US may need laws like this as well. This would essentially change the system.
I agree though, they should move to a more affordable area, the Bay area of CA is one of the most expensive places in the US.
grift....
more housing speculation is the last thing this country needs. companies like this are scammy like scam coins.
The 2008 sequel that nobody asked for…
Mortgage Backed Securities are now Crypto Backed Securities
Lofty isn't a security though. They're also backed by Y-Combinator. Do your hw!
I don't think this is a good idea
Scams
Yes please..! Screw Redfin , Zillow and other apps do push the prices up
Another scam like fundrise
Scammers in the comments!
Remember kids: title insurance...you're gonna need it.
Uhhh who’s the third party?
They’ve done so much for society all ready 🤦♂️
On the backs of renters once again...
Sounds like b.s
Investment in single family homes is CAUSING the increase in prices.
Unless this is investment for new housing development to increase supply, then this app is part of the problem for millennials and not the solution.
So the same old crack but its Trap now.
The guy does an interview with his collectible shoes in the background. Totally going after shoe investors. Nike should make shoes with Dutch Tulip designs.
This is not a solution at all. More supply is needed
I don’t see any difference investing on index funds that are stable and less risky. This is not a disruptor but Reinventing the wheel at its finest
Ban investors in real estate. No one should be allowed to own more than 4 homes
According to you? Why not 3 or 5?
Love it. The day of the “ethical “ agent are coming to the end 👍
The chopsticks theory.
Disrupt means skirting the law and regulations
Right now, it is becoming a tool for real estate agents. Look at how fast they change their business lol
Stupid idea and those people will be losing money. If you have the money, invest it in something more solid and stable. Start a stock portfolio not a housing portfolio. I trust the stocks more than housing market since that maybe crashing soon. Good luck to whoever decides to part with your hard earned money.
I don't know why anyone would invest in this over a REIT.
🤔 so what is it??? Ill still be a renter and I don’t actually own anything?
Madoff 2.0 app
Real estate syndication for the masses/non-accredited investors, what could possibly go wrong? To the moon 🚀
Um deff not a ground breaking technology
Isn’t that already called a Reit 😆
Bay area is ridicously expensive
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LMAO good luck
Sounds like at the bare minimum they want to scoop up the 6% of both sides of the transaction. That's probably sustainable IF they can provide true value other than easing purchase anxiety for first time buyers.
I see greed and scams in your future
Another scam! Great!
Another bitcoin scam 😂😂😂
You will own nothing and be happy.
Enjoy what you voted for lol.
Sounds like a pyramid scheme
If the government allowed the population shrink naturally by tightening the immigration process and stopping the financial supports for single mothers, the property prices would've dropped significantly. Unfortunately, if they stopped the enforced "tourism", the country will lose around $500,000,000 every year
Hhahaa. Investors going to get screwed so bad. This app caters to poor people that dream about owning real estate... And poor people are usually clueless.