πŸ€‘Property Owner Benefits

Why property owners will want to list their properties on the BTCglobal platfrom

Financial Freedom and Liquidity

Property owners all over the United States will have the ability to mint NFTs from their property using BTCglobal Minting Factory. There are multiple benefits a property owner receives by minting NFTs from his or her property.

  1. Verify all property records and history on blockchain

  2. Increase multiple seller and financing options

  3. Lower monthly payments

  4. Earn passive income and build wealth

Let's breakdown these benefits one by one...

#1 Verify all property records and history on blockchain

Owners will be able to store and verify property records on an immutable ledger validating its operating history such as title, maintenance, liens, exc..

When financial institutions such as lenders and insurance companies adopt distributed ledger technology to verify property information it will make the borrowing process and insurance valuations much quicker and more accurate. 🎯

In addition to 3rd party financial services, an owner can now verify all the upgrades and maintenance that had been done to the property when listed on the open market. The asking price is now backed up by the actual condition the seller kept the property in incentivizing a seller to take good care of the property now while also being able to attract a higher offer price.

#2 Increase multiple seller and financing options

Once a property has been minted into NFTs, fractional ownership is created giving the owner multiple options to sell all of, or a fraction of the property.

An owner has a choice as to how much of the property they choose to sell. They also open themselves up to outside financing in web3 where much more favorable terms may be available. When such finances programs become available, owners will not have to go through the same hoops a conventional lender requires. In web3 the NFTs can be held as collateral and recorded on chain in a matter of minutes as opposed to weeks compared to conventional lending practices. πŸ‘

#3 Lower monthly payment

As part of the minting factory process, owners transfer ownership to their property into a separate entity which the NFTs represent. Owners now become tenants of that property and get to choose how much rent they will pay to lower their monthly payment.

For example: An estimated monthly payment on a $500,000 home is about $3,631 in todays market.

  • $500,000 (Original purchase price)

  • $450,000 loan (assuming 10% down)

    • $2,844 mortgage payment (6.5% rate)

    • $500 taxes

    • $100 insurance

    • $187.50 PMI

The amount they choose to pay will set the cap rate for investors to purchase in the BTCglobal marketplace. A highly competitive CAP rate in todays market is 5.5%. This cap rate is equal to a $2,291 monthly payment. A $1,339 monthly savings!

#4 Earn passive income and build wealth

Once property owners sell ownership they can now purchase other NFTs in the secondary marketplace to start building a portfolio of dividend-paying NFTs backed by real property and start earning additional passive income.

In conventional real estate, an investor needs to put down 20% of the purchase price to acquire an investment property. On the BTCglobal platform an investor can start acquiring investment properties for as little as $100 per NFT. Unlike conventional real estate where all the money is tied up in one property, an investor on the BTCglobal platform can acquire multiple NFTs representing different properties and move in and out of each NFT to maximize their returns as they see fit.

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