Fractional Real Estate Investing on Lofty - Some Great Returns but Also a New Risk
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- เผยแพร่เมื่อ 7 ก.พ. 2025
- Today I'm sharing some of the returns I've made on the Chicago area duplexes I bought on Lofty. I'm also discussing a new risk of the platform that I hadn't considered.
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Great video Guru!
Thanks!
l looked at other Lofty properties in Chicago, IL, and I noticed some some interesting price movements. The one on 7542 & 7656 S Colfax Ave went from $10 to $20 in a couple of days. The one on 9634 S Green St went from $10 to $30 in less than a month.
We should start a Lofty discord and invite other Lofty owners to buy tokens and then get a majority stake and vote to sell the properties. Ones we see that are significantly undervalued.
I'm working on this. Great minds...
26:25 I do not understand the pricing on Lofty either. When you look at the two properties, the Sangamon one has a larger market cap and more trade volume over the last 4 weeks than the Peoria one.
I dug into this a little more, and also got some insight from Earl on the discord. I think the biggest thing affecting this is that the oracle price for Peoria is about half the oracle price for Sangamon. I think this is a flaw in the way Lofty prices stuff, and I'll have to pay a lot more attention to this in the future.
All the Lofty properties that I buy at a discount I expect to hold for multiple years. I have a bunch of Penhurst tokens at $19. Even if we sell the property for $60,000, Ill more than double the value of my tokens. The valuation I bought it at is $28,000. Ill just buy and sit on it until it sells.
When you say you expect to hold it, do you mean as a worst case? The faster we sell, the better the returns.
Correct, worst case.
Hi Joseph: Have you looked at 119 Gardengate on Lofty? That is the one that voted to put a portion of OR into Bitcoin? Price keeps tanking.
I thought I did a video on that a few months ago, but I don't see it when searching my channel. I think I remember that at the time I thought it was overpriced. $28 seems pretty cheap though. I'll take another look at it, and post a video about it. It is certainly an interesting one.
I own 25 Penhurst Tokens. I voted to lower the price. The lowest I would be willing to go is $55,000.
I'd be OK going that low as well. We have a similar basis.