When it comes to real estate, investors should not worry about the rising inflation. In my view, investors are the ones who are going to benefit from it. To be clear, property owners greatly differ from real estate investors. Not all property owners are real estate investors. For example, if you are a residential property owner and your property is not generating any cash flow, that makes your property a lazy equity property. On the other hand, if you own a rental property that’s generating cash flow, then that property is an asset and you as the owner can be considered a real estate investor.
Home prices are on the rise nationwide. According to realtor.com, the U.S. saw record breaking price hikes in May — making homes increasingly more difficult to afford. The Social Security cost-of-living adjustment (COLA) for 2022 in January was 5.9%, the highest increase in 40 years — a portent of the rising cost of living in America.
The Georgia Association of Realtors reported in January that the average sales price for houses in Georgia rose 17% year-over-year and that homes spent 21% fewer days on the market.
As of April 2022, the association recorded that the median sales price of Georgia homes had risen 21% year-over-year. The price now stands at a whopping $345,000 for the typical Georgia home. This number is still 19.52% below the national median home price, which has reached $428,700 — according to Federal Reserve Economic Data.
Metaverse Virtual Real Estate
It’s no secret the real estate market is skyrocketing, but the Covid pandemic is creating another little-known land rush. Indeed, some investors are paying millions for plots of virtual land — not in New York or Beverly Hills. In fact, the plots do not physically exist here on Earth, plots of land in the Metaverse.
Prices for plots have soared as much as 500% in the last few months ever since Facebook announced it was going all-in on virtual reality, even changing its corporate name to Meta Platforms.
“The metaverse is the next social media, the biggest difference is that you own and can sell your content with no middleman fees” said Hahz Terry, CEO of LUVNFT.COM,
Atlanta Virtual Night Club Estate
LUV NFT is teaching blockchain Web 3 financial literacy in a new that is familiar to any long term Atlanta resident by tokenizing all of the hottest night spots as virtual real estate. Any one now has the ability to become the owner of a virtual Atlanta night club mapped to a real life address by owning a LUV NFT stored in their crypto wallet. Once business owners onboard to Web 3 they will have to purchase their virtual business back from the current owner. This concept is a combination of Yelp and early 90s when people were buying up business domains knowing the business would be forced to purchase their domain off of them when they finally onboarded to the internet.
In the near future all physical businesses free and clear of any mortgages will be sold by virtual real estate NFT which elevates unnecessary paper work and middleman. LUV NFT has recreated Google maps with LUV NFTs on Web 3 to allow their holders to discover NFTs around the world as easy as two clicks. This solves of the challenges of blockchain not having the traditional luxury of searching for companies or NFTs in a Google search like fashion.
Once a business claims there 1 o 1 LUV NFT Estate (LNE) to become the LNElord, LUV NFT will help them monetize their remaining services and products. Each LUV NFT Estate has a 1 of 1 emoji hveirogyplic hashtag to circumvent social media algorithms.
How do you make money selling an Atlanta virtual night club estate? It’s simple do load your crypto wallet with $MATIC currency to buy the LUV NFT then you resell it for 10-100x what you paid for it. Market your LUV NFT digital asset the same way you would a e-commerce product and once someone buys it off of you the money is sent to your crypto wallet with no middleman fees.
VIP Section Virtual Estate
Night clubs have essentially been selling virtual properties as VIP sections within the club for decades. The future of VIP sections will be in the form of a LUV NFT that will allow a VIP section NFT owner to resell their section while the owner the night club earns royalties on all secondary sales. Night club flyers will become NFTs that will allow the holders to promote the night club better than the promoter in an attempt to resell the NFT flyer to earn a profit along with royalties. Champagne bottle NFTs will unlock physical bottles and drink NFT holders will unlock unlimited drink privileges.
Contact [email protected] to tokenize your business or visit https://luvnft.com/marketplace to find a virtual estate.
Here is the Polygon LUV NFT collection contract 0x35f8aee672cdE8e5FD09C93D2BfE4FF5a9cF0756