Real Estate Investor
Real Estate Investor - If you've owned a house, you probably don't dream of becoming one. Calling about big bugs and crowded bathrooms doesn't seem to be the most attractive job.
Real Estate Investor if done right, real estate investment can be profitable, if not flashy. It can help diversify your existing investment portfolio and become an additional source of income. And many of the best real estate investments don't have to show tenants on every call.
Real Estate Investor
The problem is that many new investors don't know where and how to invest in real estate. These are some of the best ways to make money in real estate, from low maintenance to high maintenance.
Best ways to invest in real estate :
1. Buy REITs (real estate investment trusts)
REITs allow you to invest in real estate without physical real estate. Often, compared to investment trusts, these are companies that own commercial real estate such as office buildings, offices, apartments, and hotels. REITs tend to pay high dividends and are a common investment in retirement. Investors who do not need or want regular income can automatically reinvest their dividends to further increase their investment.
"New investors may want to stick to listed REITs that can be purchased through online brokers."
Is a REIT a good investment? They are possible, but they can also be diverse and complex. Some people trade stocks like stocks. Others are not traded in public. The type of REIT you buy can be a major factor in the magnitude of your risk, as non-negotiable REITs are not easy to sell and can be difficult to evaluate. New investors usually have to stick to listed REITs that can be purchased through a brokerage firm.
To do this, you will need a brokerage account. If you don't already have one, it takes less than 15 minutes to open and many companies don't require an initial investment (although the investment in the REIT itself may be minimal).
2. Use an online real estate investing platform
If you're familiar with companies like Prosper and LendingClub that connect investors and lenders to lend money to a variety of personal needs, such as weddings and home remodeling, you'll understand online real estate investment.
These platforms connect real estate developers with investors who want to fund their projects through debt or stock. Investors take considerable risk and expect to receive monthly or quarterly distributions in exchange for paying for the platform. Like many real estate investments, it is speculative and illiquid. You can trade stocks, so you can't easily get rid of them.
The problem is that you may need money to make money. Many of these platforms are accredited by the Securities and Exchange Commission as those who have earned more than $ 200,000 each in the last two years ($ 300,000 for spouses) or who have a $ 1 equity net. Only open to investors. Over a million. , Main residence is not included. Alternatives for those who cannot meet that requirement include Fundrise and Realty Mogul.
