Frequently Asked Questions

What is the problem that renAbode is solving and how?

Log baat baat pe haveli pe bulate rehte hai. renAbode wants to ensure that people actually have independent havelis to invite their friends to.

What is the current progress in building renAbode?

We have completed the ideation and documentation stage. We are working with full focus on developing the tech stack right now and we are also looking for enthusiastic people who can help us build this. Interested? Join Us.

Why should I invest with renAbode?

Conventionally, real estate investment requires a huge amount of money but renAbode enables people to invest in tokens issued on a blockchain against the various properties we own, giving people access to Fractional Real Estate at a very affordable denomination.

By doing so renAbode offers you:

• Ability to invest in real estate through cheap tokens.
• Easy liquidity options compared to conventional real estate investment
• Vast Diversification in your investments through real estate as another asset class. Fractional ownership in different properties, offer diversification within the real estate asset class also.

Why should I rent with renAbode?

• At renAbode, whatever rent you pay, gets deposited against your account which you may redeem at any point of time towards a residential property purchase, which may or may not be the property that you are currently renting with us. The rental deposit will just keep on increasing as you pay rent even if you move to a different rental property within renAbode which might even be in another city or state.
• In addition, if you rent with us, you don’t have to deal with random landlord tantrums. You can be assured that renAbode will always treat every tenant equally according to our predefined consumer first policies.

How will my investment appreciate or depreciate?

Fundamentally your token investment will appreciate or depreciate in tandem with the frequent valuation of the property but this actually doesn’t mean much. While renAbode may be available to buy back the tokens from users according to our terms, other members are free to trade the tokens at any value they see fit subject to consent from both the properties, which might be more or less than the NAV determined by renAbode through property valuations.

Is Fractional Ownership Risky?

Yes, fractional ownership certainly comes with a quantum of risk like virtually any other investment instrument. But compared to owning a whole property through the conventional methods, fractional ownership is fundamentally much less risky because of increased liquidity, ease of diversification, professional management of property etc.

Can I invest in more than one property and create a portfolio?

Yes, sure you can.

What are the exit options when I invest in tokens?

You may sell your crypto tokens at any time to the available buyers on our platform. Even if you want to sell the tokens to only a certain person, our platform will let you do that as well subject to consent of the buyer.

Is the rent generated distributed among the investors?

YNo in case of individually rented properties, the rent will not be distributed amongst the investors. This is because the rental yield of individually rented residential properties is very low which we use to manage and maintain the property. If we try to distribute rent to the investors, we will have to separately charge a property management charge after which the rent left to be distributed amongst the investors will be negligible if any. Couple that with transaction charges and the complicated tax implications, it will be a mess.
It is because we don’t distribute rent, that we are able to facilitate most minimal cost investment services to our investors while not at all increasing the rental burden on the tenants as well.