OwnProp

OwnProp

Tokenizing real-estate assets on the blockchain.

3 followers

OwnProp democratizes fractional property ownership, enabling cost effective, intelligent investing.
OwnProp gallery image
OwnProp gallery image
OwnProp gallery image
OwnProp gallery image
OwnProp gallery image
OwnProp gallery image
OwnProp gallery image
Free
Launch tags:InvestingTechBlockchain
Launch Team
AssemblyAI
AssemblyAI
Build voice AI apps with a single API
Promoted

What do you think? …

Michael McGrail
Pretty cool. Looks like a easy way to get into real estate investing. Will check it out now that stocks and crypto aren't doing so well.
Kyle Greenan
Hi Product Hunt - We're excited to introduce you to OwnProp! Real estate investment is one of the greatest wealth creators in human history. OwnProp democratizes property ownership, enabling cost effective, intelligent investing. Real estate investing has high capital requirements, knowledge barriers, and complex tax issues that makes it painful for accredited investors and inaccessible to the 100M US retail investors. Even if you are able to invest in real estate, you are left with an asset that is costly to maintain and difficult to sell. We launched OwnProp to open up real estate investing to everyone and provide liquidity to homeowners and current investors.. • Customer/end-user: Individuals and businesses who are looking to purchase fractional ownership at a low cost and have minimal ownership requirements. • Listing partner: Individuals, private equity companies, syndication companies, etc that want to get liquidity from their properties or investors to share the financial burden and believe tokenizing their assets is the fastest and most efficient way to do so. • Differentiated Solution: OwnProp has an end-to-end mobile experience to , discover, analyze, and invest in properties; and will leverage blockchain to tokenize assets into immutably recorded, liquid interests. * Seller (Listing Partner) lists property gaining access to a marketplace of investors. * Buyer (Investor) receives fractional ownership in the property for as low as $1*. * Blockchain lowers transaction costs, eliminates bureaucracy, and enables global scale. * Ability to invest in a specific property vs. a REIT, similar to stock vs. a mutual fund. We’re still early and iterating on our product and excited to hear your thoughts. Appreciate the feedback!
Andy Gorham
Good stuff guys! Looks like the future of RE investing to me.
Robert Magrino
What ROI should one expect.
Kyle Greenan
@rmagrino Hi Robert – It will depend on the property. Our current property has a IRR (Internal Rate of Return) of 15.7%. Internal Rate of Return (IRR) is a metric that tells investors the average annual return they can expect to realize from a real estate investment over time, expressed as a percentage.
Jack Iovine
This looks great and love the product! Can't wait to use it!!!!
shauhn johnson
Looks awesome. Great job.
Tommaso Tosi
Super interesting! Do you already have the first houses tokenized and trading on the platform?
Kyle Greenan
@tosi_tommaso We have our first tokenized commercial property available to accredited investors. Trading is not yet available on our platform, but is in our roadmap.
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