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Idea: Invest in real estate globally and expand the XRP ecosystem


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8 hours ago, NightJanitor said:

USPTO doesn't render legal advice about scope of application, but I admire that guy's jujutsu response to you. :)

Some crazy guy also once told me this (seems to be true):  "A patent is only as good as one's ability to enforce it."

Also, uh, prior art goes - and this is just off the top of my head - all the way back to the Domesday book.  So...  :rolleyes:

Ive had my own bouts with the USPTO, the Alice case nuked years of my work (real estate & mortgage related). I got the "no prior art, its patentable" approval, in the same letter as "we changed the law, so now it's not patentable" 101 rejection.

The USPTO did try to make the argument aginst patentability, that his patent would give him a monopoly on putting real estate titles into a database nationwide. That was a failed argument by USPTO.

I believe he did resubmit his parents for reexamination by USPTO post-Alice, and in that effort he surfaced the distributed database question/claim.

The fact that the database is distributed in nature, did not impact his patents applicability. That was the opinion rendered by the USPTO, at least that is my understanding of the situation.

The man is sitting on a pile of gold, and he is calmly and patiently moving things forward, as he has been for years.

He is a good guy, and his motivations for his innovations are for helping the little guy homeowner grow their net worth and equity faster.

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There is a lot more going on in Real Estate than I think most people are aware of. At some point I am going to do a multi part series on how to do Real Estate on a Ripple Ledger. Got a call last year

Found my old notes - some of these platforms probably failed to scale, for whatever reason - and some are more finance/lending vs "digital REIT" - but your initial instinct is absolutely right - and t

I am going to do a video about this anyway (been meaning to for a while, like 2018 lol), it may be better if you would like have a virtual beer, we could do a skype/zoom chat and record it and share.

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10 hours ago, NightJanitor said:

I pointed out Julian's being a capitalist in one graf and some kinda cryptomarxist in the next;  it's only fair that I poke you slightly for referring to yourself as a stalled self-starter. :)

I like what you did there ?

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  • 2 years later...

I think to invest in real estate is always a good idea. I found that Real estate is one of the liveliest, on-demand industries in all likelihood. It is also considered to be one of the most profitable, as well as safe investments. There are already so many companies that invest in real estate. For example, this company thepropertybuyingcompany.co.uk. They buy real estate and pay cash for it. I think then they make renovation and sell this house for a higher price. Sounds like good profit for me.

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On 5/16/2018 at 1:56 PM, NightJanitor said:

:JC_coffee2:

Found my old notes - some of these platforms probably failed to scale, for whatever reason - and some are more finance/lending vs "digital REIT" - but your initial instinct is absolutely right - and there's plenty of room in this market for new players (and enormous cap opening + correl/divers benefit + cost savings to be had w/utilization of XRP).

CrowdStreet - https://www.crowdstreet.com - Accredited Investors
Fundrise - https://fundrise.com - NON-Accredited Investors  ("EREIT")
FundThatFlip - https://www.fundthatflip.com - ? https://www.fundthat.com ?
GroundFloor - https://www.groundfloor.us - Accredited & Retail Investors (8 states + DC)
Lending Home - https://www.lendinghome.com - Accredited Investors
Patch of Land  - https://www.patchofland.com - Accredited Investors
Peer Realty - https://peerrealty.com - Accredited Investors
PeerStreet - https://www.peerstreet.com - Accredited Investors
Real Crowd - https://www.realcrowd.com/ - Accredited Investors
RealtyEvest - https://www.realtyevest.com - ?
Realty Mogul  - https://www.realtymogul.com - NON-Accredited Investors ("EREIT")
RealtyShares - https://www.realtyshares.com - Accredited Investors
RichUncles - https://www.richuncles.com - NON-Accredited Investors ("EREIT")
ShareStates - https://www.sharestates.com - Accredited Investors
SoFi - https://www.sofi.com - Institutional Investors

Here's a good high-level overview site that appears to still be running: https://www.therealestatecrowdfundingreview.com/

Like I said, those are old notes - some of those may be out of business for idiosyncratic reasons; but the opp is huge! ??

ETA:  Also, I think bluesky regs opened up for this space, in the last couple of years, and most are/can open to retail invest.

I've been looking at this before XRPL/Rippled existed. I was never able to find software that could be configured the way I envisioned, until Rippled. There is a man with a patent suite for this whole space, he has been in touch with R3 as of a few years ago (I need to call him again). 

So far I have watched many, but not all of these start ups get going, and I have yet to see any bring a comprehensive vision... that includes Pathfinding, Secondary Markets, a Pricing Algo, a property Management solution, and a scalable reasonable legal framework.

I will make a short video explanation later.

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https://propy.com/browse/

https://www.coingecko.com/en/coins/propy

The token fills a different role (i.e. not for currency bridging) granted, but thought it might be useful as they use blockchain for title registry, automating paperwork, etc.

The key metrics you need look at for your idea for XRP is whether the *net* flows coming in/out are asymmetric or a net positive in one direction or the other, which could be useful to make up for poor liquidity on one side. This is what loans do, because you lend less on one side than you get back on the other. Mortgages are just another type of loan, of course. But maybe there are other angles – did you look at rent payments for example? That also adds to return flows on top of loan interest repayments. 

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On 5/17/2018 at 12:58 PM, KarmaCoverage said:

There is a lot more going on in Real Estate than I think most people are aware of. At some point I am going to do a multi part series on how to do Real Estate on a Ripple Ledger. Got a call last year from the UK housing people who said they understood that they will need to put titles "on ledger", but were just starting to look at How.

Here in the states, there is one guy who has a suite of patents that give him exclusive rights to put real estate titles into a database. I informed him of Ripple and "distributed databases/ledgers" a few years ago and he confirmed with the USPTO that his patents cover that as well as a centralized database.

R3, in their search for an application, has kicked the tires of a mortgage registry application/use case.

The Title Insurance industry will likely be facing an existential crisis in the coming years, during the early 2020s.

My first start up was a real estate investment valuation calculation project that got ripped off by some guys in LA. I spoke with too many "investors", so lesson learned. These formulas need to be plugged into this real estate titles ledger, to enable true crowd-sourced pricing of real estate assets. If a continuous crowd-sourced valuation can be maintained on specific individual properties, derived from a collection of ready, willing, and able investors stating their desired % return on that property.... then at the systemic level, we should be able to reduce the massive Liquidity Risk exposures inherent in owning Real Estate.

Much like I hypothesized, or suggested in the How xPool write up. All that is needed is to use a simple weighted average, like the P2P lending platforms use. Hooked up to a slightly different valuation model, (tailored for real estate, not loans), but the same fundamentals of P2P can be applied to real estate.

If I got a chance to redo the Insurance Risk industry, and the Real Estate industry, I would be happy. They are both up to bat for business model, & systemic level improvements.

I wish I could meet you and have a couple of beers talking about this. 

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On 6/12/2020 at 8:36 PM, ObeyTheWafflehouse said:

I wish I could meet you and have a couple of beers talking about this. 

I am going to do a video about this anyway (been meaning to for a while, like 2018 lol), it may be better if you would like have a virtual beer, we could do a skype/zoom chat and record it and share.

This is ruffly an outline of what I am intending to do a video about. I figured video would be quicker than written format.

P2P investment - liquidity risk & diversify exposures.

  • patents
  • Thompson Reuters - property appraisers & clerk of court software - R3
  • Property managers - recurring revenue biz model
  • Virtual Roof and TryMyROI
  • P2P pricing mechanism 
  • secondary markets - liquidity
  • Titles - biforcation - creation of sub markets
  • tokins and doc stamps
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