Invest in the Future of Housing Fund with as little as $1,000 and join the ranks of billionaires like Elon Musk who are redefining the concept of home ownership.
While most billionaires opt for grand mansions, Musk surprised the world in 2022 when he revealed his ownership of a tiny home manufactured by Boxabl, a company specializing in prefabricated modular housing units.
This tiny home, known as the Casita, offers incredible features despite its compact size. With a full-size bathroom, kitchen, appliances, tall ceilings and expansive windows, the Casita is an impressive living space. Plus, it can be assembled in just one hour, starting at an affordable price of approximately $49,500.
It's no wonder there's an extensive waitlist of over 170,000 individuals hoping to secure a Casita. However, here's an exciting opportunity: you can potentially bypass that waitlist by investing in a community of tiny homes.
Real estate investing has surged in popularity, offering income investors the allure of steady rental income and resilience against inflation. You don't even need to purchase an entire property to benefit from this trend. Online real estate investing platforms like Elevate Money allow retail investors to own fractional interests in well-balanced property portfolios, generating passive income.
Elevate Money has gone one step further and partnered with Boxabl, securing the first right to purchase at least 10% of Boxabl's monthly production of Casitas. Considering the high demand for these tiny homes, this collaboration presents a remarkable opportunity.
To capitalize on the boom in tiny homes, Elevate Money is launching the Future of Housing Fund, a real estate investment trust (REIT) focused on developing and owning affordable housing communities comprised of Boxabl Casitas.
"Our upcoming Future of Housing Fund and partnership with Boxabl will create affordable and appealing home communities for all Americans," stated Harold Hofer, CEO of Elevate Money.
This partnership couldn't come at a better time. The Mortgage Bankers Association reports that the median mortgage payment for applicants in March rose to $2,093, a 1.6% increase from the previous month. Clearly, affordable housing remains a significant challenge in America.
With the Federal Reserve implementing interest rate hikes to combat inflation, mortgage rates have risen as well, burdening homebuyers with larger payments. In contrast, prefabricated homes like the Casita offer a cost-effective alternative. These homes are not only more affordable to own but also easier to maintain.
The collaboration between Elevate Money and Boxabl has the potential to revolutionize the affordable housing sector while opening up exciting investment opportunities. If you're seeking to diversify your portfolio and tap into this burgeoning market, delve deeper into the Future of Housing Fund before its expected launch this summer.
Click here to join the waitlist to be among the first to invest in the Future of Housing Fund with as little as $1,000, and be part of the transformative movement shaping the future of housing.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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