Want to invest in real estate but don’t want to be a landlord?
Don’t give up on your dream just yet.
There’s a real estate investing platform that allows you to invest in dozens of properties around the U.S. starting at $500.
It’s through a company called Fundrise, and it does all the heavy lifting for you. No down payments, no property management, no playing landlord.
Invest in Real Estate — Regardless of Your Net Worth
It works similarly to investing in a company through stocks, but in this case you’re investing in pieces of real estate across the country — perhaps a luxury condo in Queens, New York, or a modern home in Los Angeles.
What’s the big appeal? Just like investing in stocks, you have the potential to earn passive income through quarterly dividend payments.
Since 2012, Fundrise investors have averaged a net annual return between 8% and 12%. For context, the average savings account these days accrues less than 1% interest.
But it’s worth remembering: You’re always taking a risk when you invest, and dividends are never guaranteed. And just like other forms of investing, you’ll pay some fees — about $5 a year for every $500 you invest.
If you want to get started in real estate and potentially start earning passive income, Fundrise could allow you get there.
Disclaimer: Past performance is no guarantee of future results. Any historical returns, expected returns, or probability projections may not reflect actual future performance. All securities involve risk and may result in partial or total loss. Additional details regarding historical returns may be found at http://bit.ly/2m0nJ44.
The publicly filed offering circulars of the issuers sponsored by Rise Companies Corp. (parent company of Fundrise), not all of which may be currently qualified by the Securities and Exchange Commission, may be found at fundrise.com/oc.
Carson Kohler (carson@thepennyhoarder.com) is a staff writer at The Penny Hoarder.
This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017.
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source The Penny Hoarder http://bit.ly/2U0yEu8
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