ACCESS Newswire
03 May 2021, 18:49 GMT+10
According to experts like Josh Patoka, real Estate crowdfunding is a relatively new concept, is 'the next big thing.'
ARLINGTON, TX / ACCESSWIRE / May 3, 2021 / Investing in real estate is one of the best, most safe investments and can help earn a pretty decent passive income. The barrier to entry is that it can easily cost over a million dollars in most parts of the United States. Most people don't have the large investment capital needed to enter the real estate industry. Crowdfunding real estate makes it possible for investors to invest in just about any real estate project without taking on the burden of being a landlord or flipping houses. Like other crowdfunded projects, the system relies on a large pool of investors, each of whom makes a small financial contribution.
While crowdfunded real estate projects are few and at present even fewer platforms, the fact that anyone can invest with as little as $1000 is attractive. It isn't uncommon for investors to 'earn stock market-like returns with historical annual returns anywhere from 6% to 12%.' According to Josh Patoka, the author of a recent article about crowdfunded real estate projects published on CreditBrite. In comparison, S&P 500 investments usually yield a 7% return on investment.
Anyone interested in crowdfunding can read the complete article 'Real Estate Crowdfunding (How To Invest In Real Estate Without Being Rich) can be found on CreditBrite's official website: https://www.creditbrite.com/investing/real-estate-crowdfunding
Experts cite other reasons for Crowdfunding real estate becoming the next big thing, like being a lot less stressful and time-consuming. Owning physical property requires paying taxes, maintaining the property and often dealing with difficult tenants. Hence to be successful, one must treat it as a full-time job.
Crowdfunding allows small investors to invest in any real estate market. Investors can choose to put money in properties across the US without having to be physically present. The returns are always pretty decent, but all without the hassle associated with traditionally owning a property.
Many experts in the real estate industry point to potential risks involved. Crowdfunding real estate investing is similar to private investment groups. The problem with the concept is that it hasn't been tested at the scale that it may eventually get to within the next few years. So, early adopters of the concept don't know what to expect.
About CreditBrite:
CreditBrite covers various financial topics about everything from inflation to fundraising, investing and spending, amongst others. Each post is drafted by a financial expert and brings unique insight that most readers will find helpful.
For Media Inquiries:
Company: CreditBrite.com
Name: Clint Lenard
Address: Arlington, TX. US
Email: [email protected]
Website: https://www.creditbrite.com
SOURCE: CreditBrite.com
Get a daily dose of Detroit Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Detroit Star.
More InformationWASHINGTON, D.C.: After months of warnings from former federal officials and weather experts, the deadly flash floods that struck the...
MOSCOW, Russia: Just hours after his sudden dismissal by President Vladimir Putin, Russia's former transport minister, Roman Starovoit,...
DHARAMSHALA, India: The Dalai Lama turned 90 on July 6, celebrated by thousands of followers in the Himalayan town of Dharamshala,...
ZAGREB, Croatia: A massive concert by popular Croatian singer Marko Perković, known by his stage name Thompson, has drawn widespread...
WASHINGTON, D.C.: Elon Musk's entry into the political arena is drawing pushback from top U.S. officials and investors, as his decision...
CULVER CITY, California: TikTok is preparing to roll out a separate version of its app for U.S. users, as efforts to secure a sale...
(Photo credit: Troy Taormina-Imagn Images) Cleveland Guardians third baseman Jose Ramirez on Wednesday pulled out of next week's...
(Photo credit: Matthew Dae Smith/Lansing State Journal / USA TODAY NETWORK via Imagn Images) The Edmonton Oilers acquired reigning...
The Hungarian PM mocked the EU chief ahead of Thursdays no confidence vote over her handling of vaccine deals Hungarian Prime Minister...
(Photo credit: Troy Taormina-Imagn Images) With Houston closer Josh Hader having last worked on Saturday and the Astros set for an...
(Photo credit: Matt Krohn-Imagn Images) The streaking Detroit Tigers can reach the 60-win mark as early as Wednesday when they host...
Between 2010 and 2017, there were approximately 50 drowning fatalities each year associated with rough surf and strong currents in...