Michael Flight used to be a crypto-skeptic. But as he learned more about the blockchain and its potential to make real estate more accessible to a wider audience, he became a crypto-innovator.
Today, Michael is CEO of Liberty Real Estate Fund LLC, the world’s first net lease security token fund. With 34 years of investing experience, he is leveraging the blockchain to tokenize ownership of high-quality commercial real estate.
On this episode of Financial Freedom with Real Estate Investing, Michael joins me to explain how his beliefs around freedom drew him to blockchain technology.
Michael describes the connections between real estate and the blockchain, discussing how it makes syndications more accessible and solves the liquidity problem in multifamily investing.
Listen in to understand how the SEC governs tokenized real estate deals and learn how to take the first steps in offering a multifamily syndication on the blockchain.
Key Takeaways
Why Michael got involved in Liberland
- Affords him political and financial freedom
- Transparent governance on blockchain
What inspired Michael to embrace crypto
- Blockchain functions as value transfer network
- Send money or assets anywhere in world
What differentiates the Bitcoin from the blockchain
- Thinks of Bitcoin as digital gold
- BTC = token traded on blockchain
How the blockchain connects with real estate
- Tokenize property and transfer on blockchain
- Makes syndications efficient and accessible
How the blockchain makes syndications more accessible
- Tokenize apartment building, trade shares
- Easier and less expensive to pay investors
How the SEC governs syndications on the blockchain
- Must follow KYC/AML regulations
- Requires accredited investor check
What investors can do with their shares in a syndication
- Divide among family for estate planning
- Sell off part or all
- Borrow against shares
The 3 ways an investor can sell shares of a syndication
- Trade peer-to-peer on blockchain
- List with securities broker
- Use ATS mini-exchange
The first step in offering a syndication on the blockchain
- Amend syndication docs, operating agreement
- Specify that shares can be issued to blockchain
Why tokenization platforms aren’t ready for prime time
- Investor experience still complicated, clunky
- Current setup for crypto investors
How stablecoins benefit real estate investors
- Bridge between cryptocurrency and USD
- Access money anywhere in world
What happens if an investor’s wallet gets hacked
- Crypto like Bitcoin is lost
- Burn and reissue security tokens
Michael’s predictions on the future of real estate
- Pay rent in crypto or stablecoin
- Transactions/contracts done on blockchain
Connect with Michael Flight
Connect with Michael Blank
Apartment Investor Network Facebook Group
Email [email protected]
Related Articles
Wealth Creation With Crypto and Real Estate
How Does Tokenizing Real Estate Work?
The Future of Real Estate is Digital
Resources
Learn More About Michael’s Mentoring Program
Join the Nighthawk Equity Investor Club
Access Michael’s Free Resources in the Freedom Vault
Review the Podcast on Apple Podcasts
Financial Freedom with Real Estate Investing by Michael Blank
