We have a dedicated amount of funds that are used to pay off "Lighten the Load" winners. There is a maximum amount of participants allowed for our funds to cover the winnings. Rounds will end immediately if that capacity point is reached to avoid bringing on more participants than we have allocated for funds to pay out. Money received from donations and entry sales in "Lighten the Load" are considered borrowed in the sense that the money's already there to pay it back. Nobody actually loses long term because they can earn it back and even make more money. We use these funds from entry sales and donations to buy additional shares in real estate and other investments. These investments pay dividends on a monthly or quarterly basis depending on which investment is purchased. Since we already have an income stream reserved to pay "Lighten the Load" winners, any entry sale we make or donation received increases our investment income. This, and a little bit of advertisement income, is how we make money and grow.
20% of our income is used to pay taxes and administrative costs, then 30% goes towards expanding our "Lighten the Load" capacity and winnings amount, then the remaining 50% goes towards giving. We want the bulk of our program to go towards our dedicated mission of helping people and making life easier. We all need a break sometimes, so we're here to give that and to earn money for the people in our communities that need it. We also need to increase our participation capacity for "Lighten the Load" by growing the amount reserved for payouts. We make more money to grow faster when we have more turnover with people cashing out and buying more entries. To do this we want to increase both the entry capacity and the payout amount to encourage more participation.
The core of our investments are in real estate. Modern creations of REITs (Real Estate Investment Trusts) and crowdfunding have made it possible to earn small amounts of income, in a short amount of time, with a small amount invested. Billions of dollars in real estate investments are carved up into small shares available for purchase and the income from those investments are paid out to each share.
For example: $10 million is raised by selling 100,000 shares at $100 each. The money raised is used to buy an apartment complex which profits $1 million/year after all management and expenses are paid. $1 million divided by 100,000 shares means each share gets paid $10/year, or about $0.83 per month. It doesn't seem like much when you only own one share, but it adds up when you own many.
20% of our income is used to pay taxes and administrative costs, then 30% goes towards expanding our "Lighten the Load" capacity and winnings amount, then the remaining 50% goes towards giving. We want the bulk of our program to go towards our dedicated mission of helping people and making life easier. We all need a break sometimes, so we're here to give that and to earn money for the people in our communities that need it. We also need to increase our participation capacity for "Lighten the Load" by growing the amount reserved for payouts. We make more money to grow faster when we have more turnover with people cashing out and buying more entries. To do this we want to increase both the entry capacity and the payout amount to encourage more participation.
The core of our investments are in real estate. Modern creations of REITs (Real Estate Investment Trusts) and crowdfunding have made it possible to earn small amounts of income, in a short amount of time, with a small amount invested. Billions of dollars in real estate investments are carved up into small shares available for purchase and the income from those investments are paid out to each share.
For example: $10 million is raised by selling 100,000 shares at $100 each. The money raised is used to buy an apartment complex which profits $1 million/year after all management and expenses are paid. $1 million divided by 100,000 shares means each share gets paid $10/year, or about $0.83 per month. It doesn't seem like much when you only own one share, but it adds up when you own many.