How will Leasehold revolutionize property rental
The real estate and property rental industry is a sensitive one. It is richly blessed with an upward projection in price. However, the rich tend to control the market of property rental. There has heavily being a need for a system that benefits everyone. A network of participants with equal right over property rental. Leasehold came as a fix to this problem.
Leasehold operates via a decentralized technology. It focuses on profit sharing of rental income through a process of tokenizing assets. The profits are used to buy back tokens that are consequently burned to induce deflation. It attempts to keep the tokens in open market circulation in-check.
Leasehold has developed two approaches for property rental
To revolutionize the property rental industry, leasehold has set up two approaches that would be discussed below.
Property rental of non-owned apartments:
In this process, leasehold does not acquire the apartment. Negotiation are held between leasehold and home owners. A consensus price is chosen. This price must be convenient for the property owner. Leasehold proceeds to market the houses with the special marketing strategies. The participants of the leasehold blockchain are also eligible to rent this property. The profit of this rental is used to fund the leasehold token buybacks.
Property rental of owned properties:
As implied in the name, properties are owned by the leasehold platform. It is aimed at attaining maximum profits of returns. The network acquires these properties outright, and proceed to rent them out. In this approach, the network is not self sufficient. A cross platform method is incorporated.
The cross platform method involves the listing of properties, their pricing, the period of availability on platform such as Airbnb and booking.com. The leasehold platform is alerted in real time of any property rental. The participants could also be homeowners that want to rent out their property. Leasehold provides them with the perfect marketing platform, maximum profits and less stress of negotiating.
The roadmap of leasehold is a continuing process with moves to establish agreements with more property rental companies. When this is fully established, it will be a no-brainer to invest with leasehold. Also, the powerful buy-back and burn mechanism will help to ensure the tokens are not filled up in circulation by continuously destroying these tokens.
Conclusion
The property rental section of the real estate industry has been lacking in capacity. However, with the approach of leasehold, we are bound to see a change in fortune.
This platform gives every home owner a chance to get constant rental for their apartments without stressing. Through its non-owned rental method, home owners can sit in the comfort of the homes and get rent for their properties. The outright sale option is also a very lucrative one with leasehold buying properties from home owners to set up rental services.
It will be of no surprise if many platforms, start to incorporate the leasehold network to their apartment booking as more profits is guaranteed. Also the network guarantees a far reaching marketing strategy. This will help to sell out properties for rental on time.
USEFUL LINKS
Website: https://leasehold.io/
Telegram: https://t.me/Leasehold_Bounty
Twitter: https://twitter.com/leaseholdHQ
Facebook: https://www.facebook.com/Leasehold-101658667937642/?modal=admin_todo_tour
Reddit: https://www.reddit.com/user/Leashold
AUTHOR'S DETAILS
Bitcointalk Username: Onyiiok
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2766257