Inflation is out of control. So it’s no surprise that real estate is red hot as well.
According to real estate investing company CARROLL founder and CEO Patrick Carroll, his company has raised rents up to 30% over the past year.
“We are seeing a supply-demand imbalance,” he tells Fox Business. “And now they have a lack of buyers because of mortgage rates. So, again, this has all kind of been a perfect storm for the multifamily business.”
While it’s hard to say whether rent increases are sustainable, Carroll says that his company’s occupancies are at all-time high.
If you want to tap into the multifamily real estate business, here are 3 easy ways you can capitalize on the current housing market — without having to be a real estate millionaire.
REITs
Building a real estate successful portfolio requires serious cash, and property management is its own headache — that is, until now.
A company called Fundrise lets you invest in dozens of high-end properties without having to cough up your life savings or play landlord.
Investing with Fundrise is similar to buying stocks, only instead of funding a company, your investment goes towards buying real estate through real estate investment trusts (REITs).
You’re basically crowdfunding the purchase of properties all over the country, from commercial developments to residential buildings.
You’ll have a diverse portfolio of assets that would usually only be available to major real estate players, and receive payouts through quarterly dividend distributions. You’ll also get a portion of an asset’s appreciation when its investment term ends.
Since 2014, the average annualized return on Fundrise investments has been between 8% and 12%. To put that into perspective, you’d earn less than 1% interest with a typical savings account — 0.06%, according to the FDIC.
Signing up with Fundrise is super simple — you just choose an account level, pick a strategy that fits your goals, and start making investments.
Fundrise can automatically connect with more than 3,500 banks, so you won’t need to fill out any complicated paperwork to get the ball rolling.
It only takes a few minutes to get started, so sign up now and become a real estate investor today.
Must Read
- Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake — here’s what it is and the simple steps to fix it ASAP
- Robert Kiyosaki begs investors not to miss this ‘explosion’ — says this 1 asset will surge 400% in a year
- Vanguard reveals what could be coming for U.S. stocks, and it’s raising alarm bells for retirees. Here’s why and how to protect yourself
Join 250,000+ readers and get Moneywise’s best stories and exclusive interviews first — clear insights curated and delivered weekly. Subscribe now.
Commercial real estate properties
Most savvy investors will tell you real estate is one of the smartest investments you can make to potentially earn long-term profits. It’s also a popular way to help diversify your portfolio to avoid relying too heavily on the ebbs and flows of Wall Street.
And these days, there are ways to diversify your investments without spending hours poring over earnings reports and stock market analysis.
With First National Realty Partners, accredited investors can break into the commercial real estate market, invest in shares of grocery-anchored commercial properties and enjoy quarterly income.
FNRP's team of experts manage every step of the investment process, so you won’t need to worry about whether you’re finding the right deals — and you won't have to deal with the hassle of being a landlord.
Buying a home - MRC
After a two-week break, U.S. mortgage rates began climbing again this week, a new report shows.
The higher 30-year fixed-rate mortgage is becoming yet another headwind for the shaky economy amid the Federal Reserve’s war on inflation.
The central bank has been hiking its benchmark interest rate in response to rising consumer costs. That, in turn, is making it more expensive for consumers to borrow money for major purchases like homes.
It’s pretty rough out there for consumers right now but that doesn’t mean it’s all doom and gloom for prospective homebuyers. There’s hope on the horizon.
For months, the biggest hindrance to buying a home was the limited supply of properties for sale. That’s starting to change.
Those who want to sell (and are lucky enough to find a new place to live) are listing their homes in hopes of earning a windfall on the sale.
Yet with fewer people able to qualify for a sizable loan, the balance of power is shifting from sellers to buyers who have a fair amount of cash on hand.
The share of homeowners who have cut their prices is more than double what it was at this time last year, according to Realtor.com.
Know all of your options and get matched with the best lender today.
You May Also Like
- Turning 50 with $0 saved for retirement? Most people don’t realize they’re actually just entering their prime earning decade. Here are 6 ways to catch up fast
- This 20-year-old lotto winner refused $1M in cash and chose $1,000/week for life. Now she’s getting slammed for it. Which option would you pick?
- Warren Buffett used these 8 repeatable money rules to turn $9,800 into a $150B fortune. Start using them today to get rich (and stay rich)
- Here are 5 easy ways to own multiple properties like Bezos and Beyoncé. You can start with $10 (and no, you don’t have to manage a single thing)
The Moneywise Editorial Team is a group of passionate financial experts, seasoned journalists, and content creators who are deeply committed to providing unbiased, relevant, and accurate financial information. With years of combined industry experience, our team is dedicated to maintaining the highest journalistic standards and delivering informative and engaging content. From personal finance and investing to retirement planning and business finance, we cover a broad range of topics to suit the financial needs of our diverse readership. You can trust the Moneywise Editorial Team to empower you with the knowledge and tools necessary to make wise financial decisions.
