in our free newsletter.

Thousands benefit from our email every week.

  • Discounts and special offers
  • Subscriber-only articles and interviews
  • Breaking news and trending topics

Already a subscriber?

By signing up, you accept Moneywise's Terms of Use, Subscription Agreement, and Privacy Policy.

Not interested ?

Necessity-based real estate

Dunlap is not against homeownership by any means. She’s certainly not in the same camp as prolific real estate investor Grant Cardone, who says buying a home is a “fantasy,” a “trap” and a “terrible investment.”

Rather, she’s more in line with fellow personal finance personality Ramit Sethi— a millionaire who rents because “it fits the season of [his] life.”

If home ownership isn’t right for your life at this point, you could consider necessity-based real estate as a way to invest in this asset in the commercial sector.

Because necessity-based real estate, like health care facilities and grocery stores are always in demand, the asset performs well even amidst economic volatility.

Private equity firm First National Realty Partners makes necessity-based real estate easily accessible.

With FNRP’s platform, accredited investors can invest in institutional-quality, grocery-anchored real estate investments without having to find deals on their own. FNRP’s team of experts manages the entire investment process so you can feel confident taking advantage of this asset.

Stop overpaying for home insurance

Home insurance is an essential expense – one that can often be pricey. You can lower your monthly recurring expenses by finding a more economical alternative for home insurance.

SmartFinancial can help you do just that. SmartFinancial’s online marketplace of vetted home insurance providers allows you to quickly shop around for rates from the country’s top insurance companies, and ensure you’re paying the lowest price possible for your home insurance.

Explore better rates

Invest in residential properties without becoming a landlord

According to the RentCafe report, the number of millionaire renters in the U.S. tripled over that same five-year period, with 36% of that seven-figure club belonging to the Gen Z and millennial generations.

The rich young renters are more interested in building a strong financial platform — through sensible money management and strategic investing— before making the biggest financial commitment of their lives.

One strategy many are flocking to is residential real estate. But despite the financial perks that can come with being a landlord, the role still comes with a hefty amount of work. If you’re not interested in being in charge of managing tenant complaints or fixing broken washing machines, you may want to opt for alternative means of getting in on the action.

Backed by world class investors like Jeff Bezos, Arrived makes it easy to fit rental properties into your investment portfolio regardless of your income.

Arrived’s easy-to-use platform offers SEC-qualified investments such as rental homes and vacation rentals.

Its flexible investment amounts and simplified process allows accredited and non-accredited investors to take advantage of this inflation-hedging asset class without any extra work on your part.


Real estate investment trusts (REITs) are another viable option for profiting off the real estate market without having to take out a mortgage or become a landlord.

Generally, REITs are described as high-return investments that provide solid dividends and the potential for moderate, long-term capital appreciation.

With RealtyMogul, accredited investors can invest in real estate without paying for a property in full in the form of REITs. Investors can sort through professionally-vetted real estate opportunities and review information about their performance history before deciding where they want to put their money.

Everything you need to keep an eye on your portfolio is available on your personal online dashboard, so you can reap the benefits of commercial real estate investing without the hassle of day-to-day property management.

If you want to consult a professional before finding the real estate investment that’s right for you, consider WiserAdvisor. Their online platform connects you with vetted financial advisors based on your goals and financial circumstances. Their team of pros will guide you through the best financial planning option tailored to you.


Follow These Steps if you Want to Retire Early

Secure your financial future with a tailored plan to maximize investments, navigate taxes, and retire comfortably.

Zoe Financial is an online platform that can match you with a network of vetted fiduciary advisors who are evaluated based on their credentials, education, experience, and pricing. The best part? - there is no fee to find an advisor.

About the Author



Moneywise Editorial Team

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.

What to Read Next


The content provided on Moneywise is information to help users become financially literate. It is neither tax nor legal advice, is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy. Tax, investment and all other decisions should be made, as appropriate, only with guidance from a qualified professional. We make no representation or warranty of any kind, either express or implied, with respect to the data provided, the timeliness thereof, the results to be obtained by the use thereof or any other matter.