Tips & tricks when investing with RealT
Hopefully you’ve enjoyed my article on what is RealT and how it can help you increase your passive income long term. If not, check out “Passive income from tokenized real estate”.
Here I’ll share couple of tips and tricks I’ve gathered over the last few months, how to increase your profit from RealT
1. Telegram groups — try to be attentive as much as possible. Last 3 weeks, the team organized a small contest where they would give a small hint about the upcoming property. They usually post a picture with house number, and the 1st person to guess the property address gets 1 free token
2. Keep track of announcements — either on telegram or discord, keep track when new property will be listed. They go out like hotcakes. Especially if the cap rate is 12% or more, it’s usually sold out within 2 hours. Current record holder is a small house on Liberal street in Detroit, with cap rate of 13% which sold out in 1 hour and 15 minutes
3. Get cashback — by using Crypto.com prepaid Visa card, you can get from 1% to 5% cashback on purchases. Most common is 2% Ruby card, which means if you pay with that card, you get 2% of the price back in Crypto.com’s native currency CRO. It’s not much, but it’s 2% less you pay, which increases your overall return by a fraction of a percent. For example, if you buy a $50 token, you get back $1 in CRO, netting you $1 profit in the start.
4. Build your own mini community — RealT offers a small, but significant referral program. If you bring in a new customer, which signs up under your referral link, you get 2% of their purchase as referral bonus whenever they make a purchase through website. Again, it’s not going to make you rich or anything, but it’s a nice addition that can add up pretty quickly
5. Gray market — pretty soon after it’s released, tokens end up on Uniswap and Balancer. And the price there is usually cheaper than on the website. Take advantage of that.
Note: In order to be able to purchase a token on these platforms, you HAVE to buy at least 1 token on the website, in order to get your ETH address whitelisted.
6. Diversify — it’s pretty tempting to only invest in the properties with the highest cap, but many people forget another part, and that’s the value of the token/property itself. Every year there’s an audit of the property, and it’s value can appreciate or depreciate, depending on the housing market. It’s better not to put all your eggs in one basket. In the long run, it could be better to own 1 token of 15 different properties, rather than 15 tokens of 1 property.
One example would be 272 NE 42nd Court, Deerfield Beach, FL 33064 with it’s 7% cap rate. Significantly smaller than Detroit properties, however,since it’s Florida, it has much better chances of it’s value going up, increasing the overall value of the token.
7. Compound it — with the latest DeFi craze, there’s many options how you can make your money work for you. Since RealT is paying rent in USDC, unless you plan to spend that money immediately, compound it and reap the benefits. There are many platforms offering interest on USDC lending, and you can check the rates on https://loanscan.io/ and see which suits you best.
To put it in simple terms, you get interest on interest. Interestception!
Well, that’s it for now. If I find any more, I’ll be sure to share. If I missed anything, please feel free to comment below.
If you found the article useful, consider donating few cents for a beer (or token) . Donation addresses below;
Also, if you’re eager to try out this revolutionary way of investing, consider signing up under my referral link “https://realt.co/ref/some1special/” or my Crypto.com referral link “https://platinum.crypto.com/r/xx79s5gnhg”
I’ll be more than happy to give you the 2% of the 1st RealT purchase, just DM me on telegram @btcltcdigger
Donations:
BTC: 33sBXKRBtsv1Zt53GntqvmzAQVYYE86sxv
ETH: 0x51C2f4718fc8a3b252d50041B7F5feE4Eb1E95C0
