John Green: Investing in Cities with Nada.co
In this episode, Horacio speaks with John Green, Nada's founder, and CEO. John discusses the advantages of accessing home equity through Nada's Homeshares program. John describes how the Homeshares program ties into Cityfunds, Nada's platform for investors looking to "own a piece of a city." John also talks about Nada's future plans for a secondary trading platform to allow investors to trade shares and reward Homeshares users with a Nada debit card.Discussion topics include:Providing home equity to owners through HomesharesExploring the Homeshares and Cityfunds programs at NadaUnderwriting the risk of providing equity to home ownersCreating a real estate fund in specific cities through CityfundsThe type of homes that make up the Cityfunds portfoliosDetermining the cities to invest in through CityfundsHow the 10-year options contract works through HomesharesHow to invest in Nada’s CityfundsCreating a rewards program for Nada users with a debit cardFollow Alts- Website & newsletter: https://alts.co- YouTube: https://www.youtube.com/@altassetsinc- Discord: https://discord.gg/DEkHgzggwC- Twitter: https://twitter.com/altassetsclub- Insta: https://instagram.com/alts_co- Quora:https://www.quora.com/profile/Alts-7Time Stamp:2:30 Nada Overview4:50 Homeshares Program6:30 How Homeshares works11:30 The Cityfunds Program15:40 Real Estate as an asset class18:50 Creating a secondary trading market of shares22:20 Getting paid with dividends27:00 Design of Cityfunds31:00 The process of valuing homes35:00 The Visa Nada Debit Card