With traveling non stop becomes having an eye for beautiful properties and dreaming that you wish you owned a hotel resort, or an apartment complex. However, most people don’t have over $100,000 in their bank account. So how can one get started with out being born into being rich?
- One that I have recently invested into is FundRise. The minimum investment is $500. You can see exactly what properties your money is invested into, and you earn money on quarterly dividends. Cash flow typically comes from interest payments and property income or the rent they collect. You’ll pay a 0.85% annual asset management fee and a 0.15% annual investment advisory fee.
- Don’t have $500 its ok, there is still options.
Look into real estate investment trusts (REITs). These are funds pooled together from thousands of investors to invest in one property, like a mutual fund. I have researched many ways to invest. The easiest for me that I have seen is a app called Stash. It will help you invest and save small amounts of money. It also helps you invest small amounts of cash into real estate. The app does cost $1 per month.