Tokenize Land! :)
Just take my money LOL!
it is a very inefficient market, and it is a very illiquid market
This is my main problem. I told you, I have multiple rental properties, mostly single family home for rent. They are stable, relatively easy to sell and generate passive income. If you can do that with raw land, I am in.
The passive income comes from the both the price premium and note fees applied to a land contract. Similar to financing a car. I might flip land at 1k/acre for cash, or sell it on terms for 1.3K/acre. Let's say 500 down, 150/mo for 84 months with a $10 note fee every month. If the buyer defaults on the note, you can simply sell it to someone else. The land doesn't get deeded to the buyer until the terms have been met.
I would be in too.
Special some can really generate passive income without do anything for the green :)
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Without doing anything?! I wouldn't go that far! :)