We all know that if we want to build wealth, we can’t do it by investing $100 a month into a mutual fund.
Well, yes you will do it over time — and build wealth in the long run.
💵💵 But, for those that are building wealth a lot quicker; they are doing things differently.
Of all the options I shared, #8 is the one I’m excited about: Fundrise.
It’s an online crowdfunding option that allows you to get started for as little as $500.
You can read more about Fundrise here:
Or you can open account here:
One of the things you hear most often is people building wealth by investing in real estate.
Real estate investing can be intimidating and risky. I am going to share with you my Top 8 ways to invest in real estate — without managing properties. 🏘️
➡️ 1. Exchange Traded Fund (ETF) [1:59]
This is kind of like mutual funds – but they track specific markets. They are not actively managed and focus on meeting market averages. Vanguard Real Estate Fund is a popular choice but there are lots of options.
➡️ 2. Real Estate Mutual Funds [6:12]
These have a focus on real estate and work to outpace what the average is. They are actively managed so you can expect some higher fees. But, you should expect a higher return.
➡️ 3. Real Estate Investment Trusts (REITs) [9:03]
A REIT is a company that specializes in real estate. They own and usually operate income-producing real estate. This could include commercial properties ranging from apartments and shopping malls to warehouses and hospitals.
➡️ 4. Invest in a Real Estate Focus Company [12:25]
An example of this type of company would be ReMax. These companies help you buy and sell homes or commercial properties.
➡️ 5. Invest in home construction [12:45]
These companies do not manage properties. An example of this type of company is Pulte Homes. There are hundreds of these companies – I’m sure you can find one in your area.
Online Brokers to Buy ETFs, Mutual Funds or Stocks:
➡️ 6. Hire a property manager [14:22]
You can buy a house, duplex or apartment complex to generate rental income. But who wants the headache of dealing with that? Hire a property manager to take care of all of the details for you.
➡️ 7. Real Estate Notes [16:33]
A private real estate note requires you to lend money to individuals that buy properties and fix them up to flip or rent.
➡️ 8. Online Real Estate Options [17:32]
This is my favorite! You can get into this for about $500 and you can do it all from your computer at home. My favorite company for this right now is Fundrise.
The process is similar to peer-to-peer lending but you are not investing into notes or loaning people money. Instead, you are pooling your funds with others.
🏘Online Real Estate Investing with Fundrise
🙁 Have you had a failed real estate investment like me?
🤔 Have you ever considered investing in real estate?
Please share in the comments below – and if you are interested in any of these options, please let me know!
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