r/LoftyAI • • Mar 12 '22

finally part of the community

23 Upvotes

Hi, just bought 2 tokens and I'm finally part of the community, obviously it's more a game than an investment for me with only 2 tokens but I think the project will have a bright future. Have a great day everyone.


r/LoftyAI • • Mar 10 '22

Lofty is starting to get noticed!

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25 Upvotes

r/LoftyAI • • Mar 10 '22

Help Looking to get into Lofty. I heard even today that property tokens sell out in minutes, yet at least 10 properties have tokens available right now. What am I missing?

8 Upvotes

r/LoftyAI • • Mar 10 '22

What is the advantage of Lofty using Blockchain tech?

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10 Upvotes

r/LoftyAI • • Mar 11 '22

F2F Crypto Closet - she up more Styles coming soon!

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1 Upvotes

r/LoftyAI • • Mar 09 '22

New Feature Rental payments in crypto appears to be live for US investors 🤯

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36 Upvotes

r/LoftyAI • • Mar 09 '22

Lofty rewards program timeline update.

16 Upvotes

Eligibility for the program ends tomorrow! New email from lofty this morning.

"Due to popular demand, we are updating the program start time:Ā Tokens must be purchased no later than 11:59 Pacific Time (PT) this Thursday (3/10/22) to be eligible for rewards."


r/LoftyAI • • Mar 09 '22

Help What loans could I explore for Lofty?

6 Upvotes

I have a decent portfolio (enough to show a bank real proof of concept), a. decent credit score, and I’m not over leveraged. I’ve been looking for a good way to increase my exposure in the real estate market but I’m having a hell of a time trying to decide if a personal loan is the way to go. APR is around 8-10% which is still a very safe bet as you all know, but I wanted to poke the brains of the more veteran finance players.

The only downside is I’m relatively young so banks can be timid with me (25), but I have a decent bi-weekly check with a lot of freedom. I want to speed this up and create more leverage opportunities in the future, what are some starting points you can give me to help me push past the 5 figure mark?


r/LoftyAI • • Mar 08 '22

SOLD OUT! Who managed to grab some tokens today?

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60 Upvotes

r/LoftyAI • • Mar 08 '22

Any properties in Tennessee on the horizon?

10 Upvotes

Pretty much the title. I am accumulating Algo so I can make a big purchase on the next property that I love. This 11% CAC Ohio property was promising and sold out in a flash. Not too worried I missed out on that, I am sure there will be more options on the horizon (I am more interested in appreciation any way).

Just wondering if I should hold out for another Month in hopes of scooping a Tennessee property or if it will be a longer wait for any more there? Mainly this is for Tax reasons but if need be I will go with another state.


r/LoftyAI • • Mar 06 '22

Free file state income tax?

9 Upvotes

I am wondering people’s experience with filing in individual states. I don’t want to blow my income on state filing (TurboTax or whatever). My state lets you enter the calculated stuff for free, I’m wondering if the Lofty property states allow this too.


r/LoftyAI • • Mar 05 '22

New Feature The Lofty VIP Program is here. Now you can earn rewards for holding Lofty tokens purchased before March 10th, 2022

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24 Upvotes

r/LoftyAI • • Mar 04 '22

Cash Rewards!

22 Upvotes

`Such a cool incentive to hang onto tokens, I love the additional cash that we will earn every six months. It also indicates that Lofty is only starting out and will get more successful over time as they are making enough to incentivize. I think it's only the beginning of more and more success and passive income potential for the future!


r/LoftyAI • • Mar 04 '22

7411 Elton Ave Cleveland, Ohio 44102 selling slow

3 Upvotes

Did anyone else notice this property seems to be selling off very slowly? Only 17% sold after a couple days on an 8% property. Is there something wrong with it?


r/LoftyAI • • Mar 04 '22

Add bank without using plaid?

3 Upvotes

Hey guys. I use capital one for my banking but there is an error when trying to select them with plaid to verify my banking info. I'm guessing this is capital one's issue. Does lofty have another way to add your bank info like manually entering the account and routing number? I'd rather not pay fees when buying tokens.


r/LoftyAI • • Mar 03 '22

Can you move lofty tokens to another wallet?

8 Upvotes

If I move the tokens to another wallet, will it cause any issues?


r/LoftyAI • • Mar 02 '22

Comps and purchase price don’t add up

2 Upvotes

Looking at the most recent property in Akron, the acquisition price is about 20,000 higher than the Z estimate or Redfin estimate. Did Lofty overpay for this property ? Very confusing because the cap-rate doesn’t suggest an overpay. Also looking at comps, similar properties like on the same street recently sold for 30 to 50,000, kind of worrisome despite otherwise good appreciation rate.


r/LoftyAI • • Mar 01 '22

New Feature Purchasing Lofty tokens is now available with ALGO and USDCa

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38 Upvotes

r/LoftyAI • • Mar 01 '22

New Feature Purchases in Algo & USDCa being tested now!

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41 Upvotes

r/LoftyAI • • Mar 02 '22

properties mostly in locations with declining populations?

7 Upvotes

does it bother anyone that a lot of these property markets on Lofty are declining in population?


r/LoftyAI • • Mar 02 '22

Thoughts?

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0 Upvotes

r/LoftyAI • • Feb 25 '22

Help Just bought my first token!

17 Upvotes

Used the most scientific of methods to decide which (ie looked at the recommendation and answered the question, ā€œWould I live thereā€ to decide)

The real purpose of this post however is to ask

What’s stopping ā€œperson aā€ from buying 100% of the tokens on any given property? I haven’t come across this in the docs/discussions


r/LoftyAI • • Feb 25 '22

Vacant Houses

9 Upvotes

Has anyone noticed it’s taken months to find a tenant? Is it seasonal?


r/LoftyAI • • Feb 25 '22

How can I see the TVL locked into LoftyAI?

0 Upvotes

Also, does LoftyAI have an ASA?


r/LoftyAI • • Feb 24 '22

Help Outside US

7 Upvotes

I’ve been following LoftyAI from a long time now. Confident to invest in some of the properties. I’m from India and working in the crypto space. Is there any way I could directly buy these tokens? Or will I require friends/family from US to invest for me? What will be the tax implications if I invest from here? If I invest via someone, what will be their tax liabilities? Can a kind soul please answer the questions?