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Real Estate Investment Trust
Jacqueline Richelieu
SL Resident Economist
Join date: 28 Jul 2004
Posts: 260
12-13-2004 09:28
Would anyone be interested in forming a real estate trust? We'd all need to pony up some USD$ (or L$) to buy land in the hopes of re-selling it at a profit.

The to-be-formed company's P&L would go like this:

Land Sales
- Land Purchases
- Tiering Fees
------------------
Profit (Loss)

Anyone interested?
Flyingroc Chung
:)
Join date: 3 Jun 2004
Posts: 329
12-13-2004 10:59
  1. How much of an investment is needed? How much capital are you planning to raise?
  2. Who will be the manager(s)?
  3. How will the manager(s) be compensated?
  4. How can the investors know/trust that their investments are handled properly?
Alicia Eldritch
the greatest newbie ever.
Join date: 13 Nov 2004
Posts: 267
12-13-2004 11:01
yeah, if we can figure out a way to ensure trust and contract security, then it sounds good.

IM me in world about it.
Jacqueline Richelieu
SL Resident Economist
Join date: 28 Jul 2004
Posts: 260
12-13-2004 12:45
I'll be contacting all interested IW... maybe we can all get together and meet to hash this out.
Catherine Cotton
Tis Elfin
Join date: 2 Apr 2003
Posts: 3,001
12-13-2004 14:39
oh yeah another fricken land baron group. :mad:
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Juro Kothari
Like a dog on a bone
Join date: 4 Sep 2003
Posts: 4,418
12-13-2004 16:33
From: Catherine Cotton
oh yeah another fricken land baron group. :mad:


;)

But it's a land baron group for the poor, isn't it? :)

On another note, something like this would be a great idea for individuals to pool resources to own land at a much lower cost per m2.
Catherine Cotton
Tis Elfin
Join date: 2 Apr 2003
Posts: 3,001
12-13-2004 17:02
From: Juro Kothari
;)

But it's a land baron group for the poor, isn't it? :)

On another note, something like this would be a great idea for individuals to pool resources to own land at a much lower cost per m2.



yeah! just like land angels thats owned by a land baron too whoopie do da fricken day roflmao give me a break. lets not pretend to be something we are not anymore kk ;)
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Juro Kothari
Like a dog on a bone
Join date: 4 Sep 2003
Posts: 4,418
12-13-2004 18:13
From: Catherine Cotton
yeah! just like land angels thats owned by a land baron too whoopie do da fricken day roflmao give me a break. lets not pretend to be something we are not anymore kk ;)


WTF??? What do you mean? I'm not a sparkling-pink-pixie-dusting-unicorn anymore??!! What?? Nooooooooooooooo!


Seriously... Cat, don't let it bother you. I think, just my opinion mind you, you spend far too much time carrying on about this and that, and not enough time being creative. You need an outlet Cat! Now get in SL and torture some damn prims!!! :D
blaze Spinnaker
1/2 Serious
Join date: 12 Aug 2004
Posts: 5,898
12-13-2004 18:14
This would be an interesting way to arbitrage away left over land tier.

For example, if you have left over tier you don't need because the tier is not granular enough, you could sell it to Anshe for 50 cents on the dollar.
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Taken from The last paragraph on pg. 16 of Cory Ondrejka's paper "Changing Realities: User Creation, Communication, and Innovation in Digital Worlds :

"User-created content takes the idea of leveraging player opinions a step further by allowing them to effectively prototype new ideas and features. Developers can then measure which new concepts most improve the products and incorporate them into the game in future patches."