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But industry insiders believe this could be the start of an altogether new way of looking at rental property investing.","_key":"9166fcd7b28e0","_type":"span"}],"_type":"block","style":"normal","_key":"409851f8b7a5"},{"style":"normal","_key":"16c1988da9bb","markDefs":[],"children":[{"text":"How the process works","_key":"1f800bfbb1f20","_type":"span","marks":["strong"]}],"_type":"block"},{"children":[{"_type":"span","marks":[],"text":"Strategies can vary from one startup to the next, but here’s how some of the companies on the cutting edge are conducting business.","_key":"5b2f92a327af0"}],"_type":"block","style":"normal","_key":"c6265fcb73fd","markDefs":[]},{"level":1,"_type":"block","style":"normal","_key":"24d3e8a82efc","listItem":"bullet","markDefs":[],"children":[{"text":"Lofty AI lets you ","_key":"7d36fa572d090","_type":"span","marks":[]},{"text":"buy into a property via a token","_key":"7d36fa572d091","_type":"span","marks":["strong"]},{"_key":"7d36fa572d092","_type":"span","marks":[],"text":" and collect rent as soon as the same day."}]},{"listItem":"bullet","markDefs":[],"children":[{"_type":"span","marks":[],"text":"Landa ","_key":"70c138c9611f0"},{"_type":"span","marks":["strong"],"text":"offers investment shares as little as $5","_key":"70c138c9611f1"},{"_key":"70c138c9611f2","_type":"span","marks":[],"text":" for partial ownership of homes and apartments."}],"level":1,"_type":"block","style":"normal","_key":"a37980de5414"},{"style":"normal","_key":"cd188bec5b37","listItem":"bullet","markDefs":[],"children":[{"_type":"span","marks":[],"text":"ReAlpha is ","_key":"49d2db04a1c90"},{"_type":"span","marks":["strong"],"text":"focused on Airbnb properties","_key":"49d2db04a1c91"},{"_type":"span","marks":[],"text":" and lets investors buy a fraction of such residences.","_key":"49d2db04a1c92"}],"level":1,"_type":"block"},{"children":[{"text":"It looks like a mixed bag","_key":"71d62b1e2f3f0","_type":"span","marks":["strong"]}],"_type":"block","style":"normal","_key":"545d76d10295","markDefs":[]},{"markDefs":[],"children":[{"_type":"span","marks":[],"text":"There’s some reason to be bullish on this idea. After all, one of the earliest adopters of this concept — Fundrise — ","_key":"3b58e297f9e80"},{"marks":["strong"],"text":"now has nearly 400,000 investors","_key":"3b58e297f9e81","_type":"span"},{"text":" who own properties valued at a combined $7 million.","_key":"3b58e297f9e82","_type":"span","marks":[]}],"_type":"block","style":"normal","_key":"8311f3d2afa9"},{"children":[{"_type":"span","marks":[],"text":"But as Americans struggle to find affordable housing, critics say that adding countless small-time landlords into the mix might only make things worse.","_key":"040627b0fbec0"}],"_type":"block","style":"normal","_key":"4baab8694b06","markDefs":[]}],"publishDate":"2023-03-31","visibility":"true","summary":"The rise of so-called \"fractional investing\" could redefine the real estate market.","author":{"_ref":"phCNL32Gn","_type":"reference"},"_id":"836779ab-66fa-4b8e-9557-b704e4045d10","category":"investing"},{"_updatedAt":"2023-03-03T02:15:30Z","author":{"_ref":"phCNL32Gn","_type":"reference"},"_rev":"BPyZGvs0pJRGqz7s073xca","_id":"d8fe4a6a-06e7-471f-9159-515eb06ce1e7","summary":"This humble citrus fruit actually holds a lot of economic power.","publishDate":"2023-03-03","image":{"attribution":"Justin Sullivan/Getty Images","asset":{"sha1hash":"0fd948b4e965d0c1c8aed67576c26c4ab76eade6","path":"images/8mioycse/v3/0fd948b4e965d0c1c8aed67576c26c4ab76eade6-3000x2020.jpg","creditLine":"ORANGE COVE, CA - JANUARY 17: Damaged oranges sit on the ground in an orange grove January 17, 2007 in Orange Cove, California. 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At its peak, roughly 90% of all U.S. orange juice had its roots in the Sunshine State."}],"_type":"block","style":"normal"},{"style":"normal","_key":"b2a95b939e25","markDefs":[],"children":[{"_key":"d258ef7580a20","_type":"span","marks":["strong"],"text":"The scourge of citrus greening"}],"_type":"block"},{"_key":"1ff71b7c1c26","markDefs":[],"children":[{"_type":"span","marks":[],"text":"For an industry that relies on futures contracts, prices can skyrocket if supply declines — and that’s what has been happening in recent years as a disease known as “citrus greening” kills off significant portions of Florida’s orange groves.","_key":"fef64d70e3970"}],"_type":"block","style":"normal"},{"markDefs":[],"children":[{"_type":"span","marks":[],"text":"Add in some deep freezes and a pair of hurricanes and the state recently experienced ","_key":"d582d2e026710"},{"_type":"span","marks":["strong"],"text":"its worse harvest in nearly a century","_key":"d582d2e026711"},{"_type":"span","marks":[],"text":".","_key":"d582d2e026712"}],"_type":"block","style":"normal","_key":"658dd51d8897"},{"style":"normal","_key":"c1145284fe40","markDefs":[],"children":[{"_type":"span","marks":[],"text":"Using futures contracts allows farmers and manufacturers to protect themselves against volatility by locking in a future rate. 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All the time, they were allegedly planning to dump their own shares in the companies and make off with a healthy profit.","_key":"c11862b564042"}]},{"style":"normal","_key":"208fd6168a33","markDefs":[],"children":[{"_type":"span","marks":[],"text":"In total, an indictment unsealed this week in Texas showed that the fraud totaled ","_key":"911f9e64c32d0"},{"_type":"span","marks":["strong"],"text":"a whopping $114 million","_key":"911f9e64c32d1"},{"marks":[],"text":" over the course of under two years.","_key":"911f9e64c32d2","_type":"span"}],"_type":"block"},{"_type":"block","style":"normal","_key":"84c9a78581b0","markDefs":[],"children":[{"_type":"span","marks":[],"text":"Through Twitter posts, podcast appearances, Discord conversations, and other online commentaries, the defendants are accused of swindling their most gullible fans.","_key":"357ae98e10310"}]},{"_key":"ea1f3f7437b1","markDefs":[],"children":[{"marks":[],"text":"In addition to pending federal counts, the Securities and Exchange Commission also handed down its own charges against the group.","_key":"8f0b7fbf41680","_type":"span"}],"_type":"block","style":"normal"},{"_key":"986434039815","markDefs":[],"children":[{"_type":"span","marks":["strong"],"text":"Damning communications","_key":"97f2653b6c7e0"}],"_type":"block","style":"normal"},{"markDefs":[],"children":[{"_type":"span","marks":[],"text":"According to the SEC complaint, members of the group were brazen in their discussion of the illegal ploy. When one suspect expressed some remorse about their behavior and said he wanted to “do it the right way,” an alleged co-conspirator shot back: “The f—king right way? ","_key":"80a17ce257bc0"},{"marks":["strong"],"text":"We’re robbing f—ing idiots of their money","_key":"80a17ce257bc1","_type":"span"},{"_key":"80a17ce257bc2","_type":"span","marks":[],"text":".”"}],"_type":"block","style":"normal","_key":"4d300b0fcabb"},{"children":[{"_type":"span","marks":[],"text":"Such rhetoric is not likely to bode well for them at trial.","_key":"da6edb4954210"}],"_type":"block","style":"normal","_key":"6f450728869b","markDefs":[]},{"markDefs":[],"children":[{"_type":"span","marks":[],"text":"Joseph Sansone of the SEC described the alleged scheme succinctly, asserting that they fed their followers “a steady diet of misinformation.\"","_key":"f2f41fd4699a0"}],"_type":"block","style":"normal","_key":"4a2eb677f0aa"}],"category":"investing","title":"Indictment Describes Dark Side Of Social Media Financial Influencers","publishDate":"2022-12-15","_id":"1ebcbe3c-11da-4f72-8957-affe2a2e84a0","summary":"The alleged \"pump-and-dump\" scheme targeted their own followers.","visibility":"true","_rev":"BPyZGvs0pJRGqz7s02FeJw","_type":"story","image":{"_type":"image","alt":"","attribution":"Tenor","asset":{"path":"images/8mioycse/v3/83f998394ac9be08a159451e28e343ad99e4a4e9-640x640.gif","size":1519383,"_id":"image-83f998394ac9be08a159451e28e343ad99e4a4e9-640x640-gif","_type":"sanity.imageAsset","sha1hash":"83f998394ac9be08a159451e28e343ad99e4a4e9","originalFilename":"not-a-financia-advisor-not.gif","metadata":{"dimensions":{"_type":"sanity.imageDimensions","width":640,"aspectRatio":1,"height":640},"isOpaque":true,"blurHash":"e5IXgC?Fi[009b00E24.^%D,s[JX4o?FxBzn=s~C01%M0M?F?c9d?a","_type":"sanity.imageMetadata","palette":{"muted":{"population":3.39,"background":"#b2915c","_type":"sanity.imagePaletteSwatch","foreground":"#fff","title":"#fff"},"lightVibrant":{"background":"#f5d3a5","_type":"sanity.imagePaletteSwatch","foreground":"#000","title":"#000","population":0.7},"darkVibrant":{"foreground":"#fff","title":"#fff","population":0,"background":"#685410","_type":"sanity.imagePaletteSwatch"},"lightMuted":{"population":1.37,"background":"#ccb795","_type":"sanity.imagePaletteSwatch","foreground":"#000","title":"#fff"},"vibrant":{"foreground":"#fff","title":"#fff","population":0.04,"background":"#b78a3a","_type":"sanity.imagePaletteSwatch"},"dominant":{"foreground":"#fff","title":"#fff","population":7.83,"background":"#586832","_type":"sanity.imagePaletteSwatch"},"_type":"sanity.imagePalette","darkMuted":{"background":"#586832","_type":"sanity.imagePaletteSwatch","foreground":"#fff","title":"#fff","population":7.83}},"hasAlpha":true,"lqip":"data:image/jpeg;base64,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"},"url":"https://cdn.sanity.io/images/8mioycse/v3/83f998394ac9be08a159451e28e343ad99e4a4e9-640x640.gif","_createdAt":"2023-02-28T20:48:56Z","mimeType":"image/gif","assetId":"83f998394ac9be08a159451e28e343ad99e4a4e9","_rev":"YsND8fzVq1l7vIZQKnfd98","_updatedAt":"2023-02-28T20:48:56Z","extension":"gif","uploadId":"1fx8mMbZ7eNpkW2wDD3KfwvChZcXmzdf"}}}]