Hi Guys,
I have an idea, it's actually related to something I do for another business.
Would anyone be interested in an Burst asset backed by a share in UK property, likely a small tenanted family home
or HMO (house of multiple occupation) a shared house with 4/5 people paying rent.
A share of the rent is received monthly in GBP £ and this would be converted back to burst and paid to the burst shareholders.
After 2/3 years the property would be sold and we would share the capital + capital gains (increase house price).
So you get regular monthly rental income, plus a complete payout a the end.
To do this we would need to raise at least £500 $782 and that's about 4,500,000 Burst
I can provide much more detailed information but I just wanted to get a feel for the potential interest.
Would you be interested in this type of asset?
Only if everything is super transparent regarding the legal documents, the identity of the asset owner and so on.
"Fool me once - shame on you, fool me twice, shame on me"
just saying, people will need proof of eevrything, and staying anon is out of the question if you plan to run an asset like this.
