Views on Social Media and Intercultural Issues
My personal views on social media are very dichotomous. Some days I take endless pictures of my life, so excited to share my personal experiences with others online. Other days I find social media…
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Top Real Estate Investment Apps of 2020
Homeownership was once the go-to method for Americans to build wealth over time. However, with skyrocketing housing prices and shifts in attitude, we are seeing lower rates of homeownership than ever before, especially among the millennial generation.
Real estate has always been a smart investment choice because of the stability and the potential of diversification it provides. So how can individuals who do not own homes invest in real estate?
In this article, we’ll analyze two of the hottest real estate investing apps available on the market today.
Since 2017, the platform has been open to non-accredited investors. Each offering on the site has its own minimum investment, with the lowest being around $5,000. As of November 2019, CrowdStreet investors received over $74 million in returns from commercial real estate investments!
One thing we love about Tellus is that the investment minimum is only $200! For the first time, real estate investing is open to everyone. It also means it is easier to diversify your investments across multiple properties. If you want to sell your stake, there is complete flexibility to do so at any time just as you would with stocks.
Choosing what app you will use to invest depends on your current financial situation. CrowdStreet has a track record of success but the $5,000 minimum investment may be a steep barrier for some. The investment minimum of $200 with Tellus makes it much more accessible for those who want to start building their real estate portfolio. Either way, smartphone technology has made the investing process much easier than ever before.
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