Real estate is a very popular form of investment whether you’re relying on the rental income or from flipping the property for a profit. However, the biggest hurdle to start going into this space is the capital. You need hundreds of thousands of dollars to buy property and then you also have a lot of risks with finding suitable tenants as well as general maintenance.

Lofty allows you to own part of a property and collect rent based on the percentage of your ownership. Each property listed is tokenized into fractions of $50 and it’s these property tokens that are for sale to users. This also

With Lofty, you earn daily rental income which you can withdraw at anytime through PayPal (no minimum, no fees) or through ALGO, USDC, or STBL with a $0.05 fee. The amount of tokens you own also appreciates as the property appreciates. For example, I bought one token of a property for $50 which is now worth $52.35 since the property itself appreciated in value by 5.22%. You can sell back purchased tokens to Lofty by emailing support; the ability to sell to other users on the marketplace is a feature being worked on.

The minimum purchase is 1 token ($50) and there is no lock-up period so you can resell them anytime. You can also directly use the rental income to purchase other tokens. The amount in rent you receive daily is based on the CoC percentage which varies per property. Typically they are around 6-7% and anything higher usually sells out very quickly. 

Right now I only have $200 invested between two properties. I purchased 1 token as a test run in December 2021 and then 3 of another property in February 2022. So far my rental income is around $0.041 a day and have collected around $10.33 to date. Please consider the tax rules based in the Country/State where you live. Lofty makes it easy to file your taxes by providing the necessary forms.

You can sign up using my referral link here or visit lofty.ai

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