MATTHEW'S IDEA: Special tours designed specifically for out-of-state real estate investors
Looking for tourism boards or CVBs who might support this idea to increase investment in their destination.
What is your name?
Matthew B
Location:
United States
In one sentence, tell us about your idea.
What if there was a way for out-of-state (or out-of-country) real estate investors to travel to a city and have real estate agents, property managers, accommodations, and local tours/attractions all set up for them.
My ideal collaborative partner or partners would be...?
Looking for tourism boards, CVBs, and DMOs who might support this idea to encourage investment in their destination. Iβm also looking to meet those who could develop complex tours as well as coordinate and vet local vendors in each city.
What is it about your idea that makes you feel good?
Making it easier for people to invest in places other than where they live.
What makes your idea innovative? Why has no one ever done it before?
It's innovative because it removes the barriers that stand in the way of people investing in other markets. And it gives investors an opportunity to have fun while pursuing an investment opportunity.
Who will benefit the most from your idea?
Real estate investors and CVBs/ tourism boards looking to attract investors to their destinations.
Ideally, when would you launch this idea?
In a year
Indicate which UN goals your idea relates to?
Decent Work and Economic Growth
Industry, Innovation and Infrastructure
Sustainable Cities and Communities
At Sigmund, we are interested in ideas at the intersection of People, Planet, and Profit. How does your idea relate to these three categories?
This idea would allow for people to invest in places they donβt live in but have an interest in, it would allow cities to bring in more revenue. The idea would be geared towards real estate investors looking to buy existing buildings, not develop new properties.
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