Lofty (lofty.ai) is welcoming new investors with a $50 bonus credit (referral below). Earn an additional $50 bonus credit for every person who claims their welcome reward using your unique referral link. Click here for more referral promotions.
Lofty is a real estate crowdfunding platform with a crypto twist. The marketplace offers tokenized, fractional real estate investments. Since May 2021, members have invested over $17 million in tokens, and total daily returns have exceeded $340,000 thus far. Let’s review Lofty and their current offers below.
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Lofty $50 Welcome Credit
Enjoy a $60 bonus credit when you use this referral link to create a free account. To qualify, you must also:
- Verify your identity
- Link an Algorand wallet
- Purchase at least one real estate token for any property at $50
- Hold your token for at least 90 days.
Once you receive your welcome reward, you can use it towards the purchase of another token in the Lofty marketplace, which you can then hold or sell.
Lofty Give $50, Get $50 Referral Program
Refer a friend to Lofty and earn $50 when they invest! Both you and your friend will receive $50 once they make their first investment of at least $250 in property on Lofty within 30 days of signing up. Share your unique referral link through email, SMS, or social media to start earning rewards. Terms apply.
Lofty Features
Lofty is a marketplace where members looking to co-invest in tokenized real estate connect with property owners (usually house flippers) looking to sell. The platform sources and vets the properties and creates a Non-Fungible Token (NFT) of the LLC, then sells that to investors. The tokens increase in value when the property appreciates.
As an investor, you’re entitled to daily rental dividend payments made through the platform. Shares start at only $50, you can pay in cash or Algorand crypto, and you can sell your holdings at any time. As an owner of the property, you get to vote on all decisions related to it. For example, increasing the rent, handling maintenance requests, and when to sell.
Other features include:
- Property management by a third-party company.
- 8% to 10% rental yields and expected 15%+ IRR on investments.
- Tokenization simplifies legal issues and decreases transaction costs.
- Schedule K-1 tax benefits.
- Passive income. Lofty does all the work for you.
Plus, Lofty is free for investors. The company earns income only by taking a property listing fee.
Bottom Line
Lofty is an innovative platform that features tokenized real estate. Members can buy tokens in cash-flowing rental properties at just $50 apiece. There is no lock-up period, and it’s free for investors. If you decide to join, don’t forget to use this referral link to enjoy a $60 welcome credit.
See all the best real estate investing offers here. Other real estate investing options you may like:
See our brokerage and investment offers page here, with promos from Ally Invest, J.P. Morgan and more.
READ MORE: SEE THE BEST BANK BONUSES HERE AND THE BEST INVESTING BONUSES HERE.
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