pull down to refresh

My concept is getting closer and closer to becoming an actual incorporated business (in the eyes of the government)(for whatever that is worth)....

I hope someday that humanity looks upon it as a worthwhile endeavor....

We (yes there is a group of us now) are going through the process of incorporating and acquiring status as a 501(c)3 non-profit entity...after which time we will begin soliciting donations in hopes of purchasing a rental property and operating it on a Bitcoin standard...

(I love what a lot of other real estate folks are doing with regards to their "investments" and what not...but they are all still focused on NGU and that simply isn't a sustainable model.)

We will operate knowing that our property values will trend to zero in FIAT terms.
We will operate on a Bitcoin standard.
Rent will be 20% below market-rate at move-in and will never go up in FIAT terms when paying in Bitcoin (based on individual renter at time of move-in)
Market-rents to be determined by annual 3rd party study.
Renter's will eventually have the ability to share in some % of the "fiat" upside of the Bitcoin paid as well.

Somewhere you can find my previous posts discussing this in more detail...if you have questions feel free to reach out...

0 sats \ 0 replies \ @mo 13h

Congrats, one step further compliance. A PMA could have saved a lot of hustles, protected form the govt, and simply made your (and your tenants) life easier.

reply