Real estate investing seems glamorous, lofty, and above all, difficult to get involved with. Even if people have extraordinarily profitable ideas on how to earn a beautiful ROI on a property for themselves and their investors, it is out of reach for most people. There is no need to worry, however. Just like any other endeavor in life, it is important to not let an overwhelming task or thought deter you from moving forward simply because it causes stress. The way to confront this stress is to come up with a thorough action plan, and then, execute it.
First, Educate Yourself…
This is more easily said than done. Educating yourself can take a lot of time. Even exceedingly knowledgeable real estate investors have to read up on the latest news and trends to keep their investments attractive to consumers. But just like Lao Tzo says, “A journey of a thousand miles begins with a single step,” and, that is how educating yourself needs to be viewed.
Investopedia
About: If you have heard of Investopedia before, you know that it is one of the largest online hubs in the world for all things financial. Each month, they earn approximately 60,000,000 page views and 20,000,000 unique visitors. Investopedia offers prompt, trending, and evergreen content that educates people with financial curricula and updates people with financial news. If investing is involved, Investopedia has everything you need to know. Investopedia has an eight-part series on real estate investments, in particular, that covers a wide gamut of real estate investment topics for beginners. Take a read through this series to learn about real estate investing from the ground up.
Examples:
- Exploring Real Estate Investments: Introduction
- Exploring Real Estate Investments: What Is Real Estate?
- Exploring Real Estate Investments: Types Of Real Estate
- Exploring Real Estate Investments: Characteristics Of Real Estate Investments
- Exploring Real Estate Investments: Advantages And Disadvantages
- Exploring Real Estate Investments: Buying And Owning Real Estate
- Exploring Real Estate Investments: Finding Investment Value
- Exploring Real Estate Investments: Conclusion
…Then, Dive In!
There are thousands of real estate investment companies that all over unique opportunities to their investors. Some opportunities are only offered to a select few who are wealthy, while others are crowdsourced. Crowdsourcing real estate funds has become a powerful trend in the twenty-first century and has made real estate investing actually feasible for the average folk. Here, I provide you with four of the heavy hitters you want to pay attention to.
PeerStreet
About: PeerStreet is simple. It works like this.
RealCrowd
About: Interested in commercial real estate investments? Look no further. RealCrowd is the intermediary between professionally managed, commercial real estate and eager online investors.
RealtyMogul
About: Here is the three step process RealtyMogul allows investors to be apart of. With allowing investors to offer up at a minimum of $1,000, RealtyMogul allows investors who may not ever have had the opportunity to invest in real estate a chance to accumulate some hefty rewards.
RealtyShares
About: RealtyShares allows you to select a property to invest in that has been thoroughly vetted with a five-step selection system. It curates investments from numerous investors worldwide. This allows you to invest as little as $5,000 in a piece of real estate that others will also invest in. This will then give you a chunk of the total ROI, respective to your original investment amount.
Make sure to educate yourself in all things investing on a consistent basis and consult with trusted others to gain their feedback before considering any potential investment opportunities. Once you have done your research, though, it is time to take an educated leap of faith and invest!