Regardless if you believe in cryptocurrency or not… it is the fastest growing asset class ever and you can leverage it to acquire other assets like real estate!
Although, I believe real estate is the most strategic way to build generational wealth… you can leverage other asset classes to accumulate more rental properties.
Well well well Mr. Miami chest hair Bossetti coming back at you here to share some free value with you in this video I’m going to go over the two ways that you guys can use cryptocurrency to acquire more real estate I want to build and will build a multi-billion dollar real estate fund and in order to do that you have to get really good at finding deals funding deals facilitating the process and ultimately have an exit strategy in place now with this particular example this is talking about funding the deal right.
Not only am I raising private money not only am I you know using my own cash my own credit but I’m also leveraging other asset classes specifically crypto which is the fastest growing asset class in in the last decade right and so what I do is I dollar cost average or in other words I put a specific amount of money into crypto every single week and the reason why I do that is because there’s data and studies that show people that do not set up their investment accounts to be non-emotional in other words automated.
They get crushed right the reason why people don’t make money and they get crushed in investments is because they are emotional right so a great thing to do is just dollar cost average into really any thing that you’re investing in whether it’s stocks whether it’s in other other asset classes but you know x amount of money every single week goes into these specific coins.
Am I making day-to-day decisions sometimes pretty rarely but ultimately when I put my money into those exchanges right and into those coins I am then allowed to connect with the real estate attorney and they can have on the contract and record properly with the title company and their real estate attorneys can record that transaction so if I go to a seller okay and say hey look you want 200,000 for your property and hypothetically let’s say that closing costs and down payment and everything is is fifty thousand dollars right.
Just for easy numbers here then as long as the real estate attorney and the seller can get that all drafted up and have that confirmed same with the title company they can record that transaction no problem right so you want to make sure that you’re vetting different real estate attorneys you’re vetting different title companies that will actually record the transaction.
The second way that you can use cryptocurrency which is my preferred way is taking the money that you have in crypto right in your specific exchange so for me a lot of times I’m using binance.us I’m using Coinbase pro to acquire my my crypto then I will transfer that cryptocurrency to different exchanges like blockFi Celsius nexo and I can borrow at a healthy loan to value a loan against that amount so in other words let’s say I have a hundred thousand dollars of bitcoin.
I can put it into one of those three different exchanges borrow hypothetically they go up to 50 loan to value I just depends on the exchange itself their terms and conditions etc. but I can borrow a 50 000 loan which could be paid back to me in a specific crypto coin or it could literally be us dollar cash that comes into my chase bank account in 24 hours right.
So not here to make this video why you should buy crypto why you should buy real estate I’m just giving you guys two tactical ways you can use the fastest growing asset class and crypto to acquire more assets that you may know more about so for me that is real estate again I want to build a multi-millionaire.
Multi-billion be billionaire Bossetti over here from Miami with the chest hair flowing to let you know that you can use crypto to buy more real estate and if you do not then guess what you’re collecting dust in a bank account and you need to stop doing that because inflation is the silent killer of wealth if your cash is sitting over here on the sideline not earning really probably double digits over the next coming years then guess what you’re going to be a peasant and I don’t want you to be a peasant hopefully you guys got value from this if you did comment the number one takeaway below this video.