Global REIT - Blockchain Powered REIT - Real Estate Investment Trust
REIT's aren't a new way of investing. They've actually been around since the 1960's, added as an amendment to the original Cigar Excise Tax Extension. Traditional REIT's are made up of specific features that come together to form basic rules for real estate investment trusts. These are rules all REITS must follow. For example, in order to be a registered REIT, the trust must :
Have at least 75% of assets in real estate, cash, and government securities.
Have at least 75% of gross income come from rents, interest from mortgages, or other forms of real estate investment.
REIT shares must be held by a minimum of 100 shareholder members, with five or fewer members not being allowed to own more than 50% of the total stock.
The sum of at least 90% of a REIT's taxable income must be distributed. The REIT must also pay taxes on any retained income according to corporate tax laws.
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And here's some encouraging information about the real estate market to get you excited about what's to come. The U.S. real estate market is now worth a whopping 31.8 trillion dollars, which is the highest it's ever been in history. What Global REIT aims to do, is create a globally friendly online real estate investment company. It will automatically match up talented investors with properties they can purchase and procure, as well as give foreign investors a much wider selection of properties to choose from.
Global REIT Uses Blockchain Technology To Provide Even More Valuable Features!
Traditional REIT's work just fine, and always have. But now, through the introduction of new Blockchain technology, Real Estate Investment Trusts are able to provide a wider array of features than ever before. Some of the new Blockchain features that investors are finding most attractive about Global REIT is :
- Cost reduction (fewer middlemen and less overhead)
- Cryptocurrency compatible / Globally open real estate investment ability
- All the features of traditional REIT's, plus higher security, transparency, and efficiency
- Participation bonus awards in the form of Loyalty Program points
- Additional features and options can be added to Global REIT at anytime
It Makes Perfect Sense To Use New Blockchain Dynamics
The Ethereum Blockchain is improving the way we do business by leaps and bounds, all around the world! Every year, more and more businesses adopt Blockchain dynamics to make use of all the great features. With no middlemen, there are no wasted fees! And with the complete transparency of an immutable ledger, events can't be hidden or altered to suit fraudulent purposes. Everything's much faster and more streamlined, and transactions/communication at Global REIT are accomplished through direct P2P connections.
Real Estate Investment Trusts will benefit greatly from being linked into the new Ethereum Blockchain, and following federal REIT rules and regulations governing their existence has become a lot more profitable too! The additional Blockchain features open up a brand new world of opportunity. Buying Global REIT tokens during their Pre-ICO and Public ICO sales will bring token holders big profits as they mature. Investing now while the token cost is low makes good sense, and it's a great addition to any portfolio.
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