> For the complete documentation index, see [llms.txt](https://bnbdao.gitbook.io/faq/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://bnbdao.gitbook.io/faq/what-is-realdao.md).

# What is realDAO?

realDAO is fractional real estate. realDAO allows investors to indirectly own fractions of real estate without mortgages, real estate fees, closings, long-wait periods, or all the hassles of being a landlord. realDAO buys, remodels and rents properties. Each realDAO property is owned by a separate corporation. Investors acquire realDAO’s representing shares starting at $100 per share. These shares have liquidity and can be bought and sold in the realDAO marketplace.

<br>
