The “REIT” should be going a lot faster. Let’s see if we can apply a new layer of analysis to help generate better growth & financing by relating the concept to a mix of more familiar ideas.

There is a consortium that shares a lot of overhead in terms of admin, IT, accounts, & sourcing.

Within that efficient structure exist biz that are like

One or more Credit Unions which lend for property purchases, primarily residential and multi-family & residential development & they can sell securitized loan portfolios to outside investors/stakeholders as well as provide banking & financial services for customers

Some dynamic number of credentialed/approved remodeling & construction firms that sell specific services & take equity positions – which can be whole but are often fractional – in properties undergoing active development or contracting for long term general maintenance. Their income is from both sale of services & from flipping of equity states. The flipping can be an internal sale based on appraised values. They can sell minority states to outsiders as private equity investment and define individual governnance regimes describing equity payouts.

Residential & office tenants have individual contracts & situations which include a mix of equity investment (typically their equity in the kind of places they live or in a particular property where they are majority owner), tenant payment agreements which can be analyzed like a mix of mortgage payments & rental agreements & condo fees & scheduled investments in “The REIT” (which is technically shares of many different LLC). The overall situation & mix of tenants should allow for analysis that makes the terms from the POV of securitization more stable than a comparable mix of individual mortgages & multi-family unit/corporate financing.

The hope is that being leaner in every dimension supports faster growth.

There is lots of anecdotal discussion of widespread attempts to block GT housing purchases. The Deep State concept is essentially mafia ownership of all property & sabotage of all indy efforts, so they are willing to operate at a loss in particular areas to support the overall agenda of denying alternatives.

I suggest the following strategy to increase the rates of success:

a) Keep plugging away with an advanced understanding of the unusual situation & difficulties
b) Offer discounts for quick action & private sale. Explain that these discounts are part of the biz model & not a scam or a ploy of any kind
c) Align finance pre-approval policies with models of the anticipating rates of ultimate agreement. If only 5% yield is there at a given stage, then plan for 20x the number of offers to reach the same level of ultimate capital outlay.
d) Offer attractive services & deals for individuals & families looking at relocation. That may matter more to their decision than price & it is not part of traditional real estate.
e) Model the factors that correlate with govt. control and devote correspondingly more effort to those avenues that will yield better rates of effort return, other factors being equal.

Competing in a bidding war by going up in price is also possible, but the strategies above are more strategic & profit generating for the overall biz.

I’ve written a lot about how it’s easier to defend buildings with wide borders to 3rd party properties. And they give more room for other development agendas.

Other IoT points of interest:

Expensive wood trim is a concern because of how easy it is to damage using invasive IoT droids. Insurance claims would be difficult & the financial harm is enormous. I am in that situation

IoT can be used for non-invasive home inspections that can provide an alternative to traditional methods & sometimes get done faster, with or without homeowner notice/agreement (in reality the state is criminally doing this to all homes now).

I’ve written a lot about my hopes for the “REIT” concept. And I’ve written about the need for GT “forts”.

In many cases, 4 people & a vehicle they operate with secure parking in property that has borders they can defend from neighbors who become full time FBI terrorists is something like a minimal structure for getting work/sleep done.

General point about the “REIT” is that the larger structure should be able to merge with most GT local structures if they start out in their own direction. If you need peers & a fort just to operate, then it’s better not wait for some kind salvation to reach your hamlet or rural delivery. Try to find the best matches you can locally to get started, assuming if things work out then you can keep moving to improve situations later.

Edit: Also, another key point of strategy: in an environment where spooks are working to prevent sales/closings. The key strategy for GT in crisis is to make fast purchases with cash & then refinance to a mortgage where that is desired for working capital after the property has closed. The bargaining position for the borrower is stronger after the fact than before.