February 2020 - HappyNest

3 Simple Reasons to Get Involved in Real Estate Investing

Feb 17, 2020

It doesn’t matter whether you are rich or poor. There’s no denying the fact that investing in real estate can be an incredibly fruitful decision for your financial future. Even if you’re undecided about investing in a commercial or residential property, just showing interest and thinking about how you can invest in real estate will lead to positive results. With modern-day tools such as the HappyNest app and other technological advances, there has never been a better time to get started in your journey of real estate investment.

Still not convinced? Here are three simple benefits to getting involved in the world of real estate investing.

Real estate investments create passive income for non accredited investors

Have you ever been tired of working at the same job day in and day out?

If you’re like most people, then the answer is “yes”.

With monthly bills to pay and unexpected expenses, the majority of people can never seem to get ahead on their finances. Thankfully, it helps to know that there are many options a person can pursue on their path toward financial freedom. Real estate investing is perhaps the easiest and most lucrative among them.

Simply put, passive income refers to any income you receive NOT generated by your physical labor. Sure, it may take some time and effort upfront to establish your footing in the world of real estate investing, but once you are set up, the passive income from your efforts will pay off over time. Add in the ease of using a smartphone app such as HappyNest, which allows you to invest in real estate with just $10, then investing in real estate is a no brainer for anyone looking to create passive income for themselves or their family.

Real estate investing can help you reach your financial goals

Sometimes our financial goals seem nearly impossible to reach. At times, months and years can pass by without any real progress made to reach them. If you limit yourself to one source of income, then it’s quite unlikely that you’ll ever be able to graduate to higher levels of regular monthly income. That is why so many people have realized the life-changing power of real estate investing. When you apply the right mindset and willpower, real estate investing can help you reach your financial goals much faster and easier than you would with a traditional lifestyle.

Let’s think about a typical savings strategy. Say you save $500 per month in a traditional savings account; it will accrue interest at a low rate, 0.06% APY on average. On the flip side, say you were to take that same $500 and invest it into a commercial real estate portfolio using the HappyNest app. That same amount of money is on track to grow at a much quicker rate. (HappyNest targets a 6% annual dividend). In this way, you can accelerate your timeline toward financial freedom.

With real estate investment apps, investing in real estate has never been easier

Roughly 84% who have invested in real estate indicated that they would make another real estate investment. Finally, you should know that there has never been a better time to start investing in real estate. Not only do real estate investment apps allow you to start with a small amount of money, but they make the investment process easy and convenient. With tools like HappyNest app, you have constant access to your investment portfolio and a range of tools. As you grow more familiar with those tools, you can make even better investment choices in the future.

It doesn’t matter whether you’re new to real estate investing or not; it’s clear to see that there are many benefits, particularly during periods of inflation. Not sure how to begin? Contact us today for more information.

A Few Simple Tips to Follow When You’re New to Real Estate Investment

Feb 11, 2020

By HappyNest

With so much information out there today, getting into real estate investment can be a source of confusion. If you’re new to the subject, then it’s likely that you will feel overwhelmed at times.

But you shouldn’t let that stop you from acting. Residential real estate as an asset class is a $29 trillion market, and the commercial sector adds another $10 trillion. Investing in real estate is an excellent way to earn passive income and achieve your financial goals. Here are a few simple tips to follow.

Get your goals in line

Many people learn about investing and jump in too quickly. As with any new skill in life, it’s wise to take the necessary time to learn some of the basics, and more importantly, to make sure that you have your goals in line. When it comes to personal finance, this is even more important.

Setting up a budget for your real estate investment venture is a great starting point. When you develop a clear picture of your financial landscape, including an accurate assessment of all debts, incomes, and other financial obligations, then you’ll have an easier time understanding just how much of your money you can place into real estate investments. Without first getting this crucial information sorted out, you are merely taking shots in the dark.

Of course, it’s also helpful to develop some clear goals for your investments. Are you looking to generate enough income to leave your day job? Or are you just trying to make a little bit of extra money on the side? Determining where you stand on these kinds of issues will lead to a greater sense of direction once you get further into the world of real estate investment.

Explore the latest tools and best apps for real estate investment

Even if you’re new to the world of real estate investing, it’s reassuring to know that there are a lot of new technological tools that you can take advantage of to optimize your investment strategy. Whether you’re searching for a commercial or residential property, understanding how to use the best apps for real estate investors will put you in a more advantageous position than you would be if you were to try to do everything on your own.

So how exactly can real estate investing apps help you improve your investment strategy? Well, first and foremost, you should note the fact that the best apps for real estate investors provide you with valuable knowledge and market know-how. Furthermore, the right real estate investment apps allow you to be mobile with your investment portfolio. In the past, it was more challenging to be flexible and nimble with your investments, but now you can access everything from the comfort of your smartphone interface.

Finally, when you work with the best apps for real estate investors, you can get started with a little money. A lot of people make the false assumption that real estate investing is only meant for the rich, wealthy, and upper class. However, when you take advantage of the best apps for real estate investors, you can fund your investments with small, manageable amounts of money. This makes an excellent source of passive income for non accredited investors.

The best time to start was yesterday

Even though getting started investing in real estate can seem daunting at first, by sticking to these simple tips, you’ll be that much closer to realizing your financial goals and landmarks. Of course, it doesn’t hurt to have one of the best apps for real estate investors at your fingertips. When you choose HappyNest, you have access to comprehensive real estate investment services in an easy to use interface. Not sure how to get started? Still have more questions floating around your head? Don’t worry. Reach out and get in touch with a member of our team today for more information. We can’t wait to help you get your start in the exciting and profitable world of real estate investing.

3 Tips For Finding The Perfect Commercial Real Estate Deals

Feb 6, 2020

By HappyNest

The majority of U.S investors (89%) are extremely interested in real estate as part of their investment strategies. There are many ways to find commercial property for sale, from hiring a commercial real estate company to browsing through commercial real estate apps. Finding the right real estate can make a big difference in the amount of residual income you can earn. Here are three tips on finding the perfect commercial real estate deals for you.

Consider Foreclosures

Foreclosed properties can be a lucrative way to invest in real estate. Banks are often willing to provide steep discounts to get these properties off their hands. You’ll need to do some extensive research with these properties, as many of them may require significant updates and repairs that can impact your investment. You can ask real estate agents for help in finding these properties or search for them using one of the commercial real estate apps you can find online.

Timing Is Critical

Generally, the first offer that comes in for a property is the one that lands the deal. If you see an attractive property, get pre-approval from a bank as quickly as you can. You can set up email notifications with many real estate agents to alert you the moment a property hits the market. Looking for commercial property for sale that’s been listed for a long time can also make for an excellent investment. These property owners will be more eager to offer discounts to sell.

Play The Numbers Game

The more properties you look at, the better your chances are in finding the best deal. View your commercial real estate property search as a sales funnel. There may be a ton of potential leads that come in, but only a few will make it to the bottom as an ideal choice. If you look at 200 properties, you may only end up making offers on about eight of them. Of those eight properties, you may only have one offer accepted.

Whether you use commercial real estate apps or a broker to find your real estate deal, you’ll be sure to find something that will help increase your profits over time. Make sure to do your due diligence to make the most of your new investment. The key to your future wealth lies in the decision you make with your next commercial property purchase.