Using your phone to build wealth

How does the super-rich attain that kind of wealth? Among other financial decisions, they tend to invest in real estate. Around 15% of most ultra-wealthy individuals’ portfolios involve real estate investments, according to figures compiled by Campden Wealth and UBS. Even if you’re not among the wealthiest people today, you can get closer to joining their ranks by leveraging the power of your smartphone and downloading the best apps for investors.

Tips for Finding the Best Apps for Investors

Which apps for real estate investors should you choose? You have plenty of options, which can get a little confusing. However, the best investing apps tend to have the same qualities.
First, the best apps have a proven track record. In other words, people are making money. Poke around the companies website and read the blogs to understand better what they offer. That way, you can be sure that you have the best opportunity to earn residual income that will grow over time.
Next, remember that the best apps for investors explain their investment strategy. The last thing you want is to spend your time guessing about the company’s approach to investment. You deserve to get real information, not tons of head-scratching content.
Finally, poke around for reviews and ratings. Read through them to find out how other people are enjoying the app, right down to its user interface. After all, you won’t use even the most stellar top investing apps if they’re tough to navigate or lock up on your type of device.

Using the Best Investing Apps

Congratulations: You’ve downloaded the best apps for investors that you feel would pertain to you and your investment risk level. Now, it’s time to use those apps to invest in real estate. Otherwise, the app will take up space on your smartphone, which doesn’t make sense or make you money.
Start small until you get the hang of the way the app and investing works. For example, you might only want to invest in real estate with $500 or less. Deposit the amount you’re comfortable investing. Then, wait a couple of weeks to see what’s happening. Remember that it can take time for real estate to pay a dividend. In the interim, consider increasing your investment amount if you have a little extra cash on hand. Eventually, you’ll get the momentum going and improve your confidence in working with apps to build your investment portfolio.
Stop assuming that you have to be a multimillionaire to invest in a commercial real estate company. The best apps for investors, including HappyNest, will help you launch your investing journey right from the phone in your hand.

Should You Consider Investing in Real Estate During Your Twenties?

Real estate investment can seem like a seasoned investors game. But the truth is that almost 79% of millennials are interested in personal real estate investments, and about 49% interested in commercial real estate investments. So why shouldn’t you start now? If you’re on the fence, here are a few reasons to consider investing in real estate during your twenties.

Lower Down Payments

The majority of banks will require an investor to put at least 20% down on a rental property. It may not seem like it, but that’s a lot of money for a property that may require significant internal and external repairs before it’s commercially viable. Fear not. Options are available for investors of multifamily properties who choose to occupy one of the apartments in the property. Banks will require only a 5% down payment for an owner-occupied property as compared to 20% down for non-owner-occupied property.
Why is this easier when you’re younger? More often than not, you’ll have the flexibility to move into a home and put the work into it than someone older with a family to factor into the equation.

You Don’t Have to Purchase Property

There are plenty of ways to invest in real estate without buying property. Real estate investment companies and real estate investing apps have made it much easier to access real estate investments. Crowdsource investing allows multiple people to invest alongside each other into a property. You don’t need hundreds of thousands of dollars. With only $500, you can start investing in property through crowdsourcing.

Technological Assistance

There’s an app for that. Literally! If you want an app for investing in real estate, it exists! With apps like HappyNest’s, real estate investing can finally enter the 21st century. And when you can access all of the information you need via an app for investing in real estate, the whole process is a lot less intimidating.
If you’re on the fence about investing in residential or commercial property, don’t wait until the opportunity passes you by. Investing in your twenties might be the best thing you ever do.

Make Money From Anywhere By Investing In Real Estate

According to Forbes, a full quarter of Americans have zero savings in their retirement accounts. Saving up for retirement does not mean working three jobs and surviving on barebones. Passive income is the solution most U.S. households are looking for! Start earning passive income today by using commercial real estate investing applications. Here are a few things to expect from the best investor apps:

The Best Investor Apps Are Completely Portable

Whether you are at home or on-the-go, one of the benefits of investing in real estate through an app is that you can do it from anywhere. Once downloaded, you can access the applications as long as you have your smartphone or tablet on-hand. These apps afford you flexibility and options. The HappyNest app, for example, enables you to review your investment portfolio and adjust important account settings directly on the app.

Real Estate Investing Can Be A Background Activity

What is passive income? Investopedia defines passive income the following way: “Passive income is earnings derived from a rental property, limited partnership, or another enterprise in which a person is not actively involved.”

This income is–as you might expect–passive or something you can do with minimal effort. Given Americans’ always-busy lifestyle, a form of income that requires minimal attention is a promising prospect. While some employers and the media tout busyness as a status symbol, according to the Atlantic, all of us fall into the trap of rising to meet those expectations and having packed schedules with very little time to spare.

With the best investor apps, earning extra money and doing it while busy is possible. Simply decide how much you would like to invest and leave the rest to the professionals on the investment team. The properties pay dividends, which increase your profits and allow you to diversify your retirement portfolio income.

Support Through The Whole Process

One of the most challenging parts of investing in real estate for profit is not knowing where to get started. A full 89% of Americans are interested in adding real estate to their investment portfolio. Often, a person’s interest does not convert to action because they do not understand what to do next.

The best investor apps get rid of the guesswork. Many of these apps walk you through setting up an account, and their investment teams select the best properties for you. If you have any questions, many apps offer full in-app support.

The current facts on Americans’ finances may seem grim. In a nutshell:

CNN reports that 60% of U.S. households do not have enough emergency savings for an expense in the $500 to $1,000 range.

A surprising 78% of Americans live paycheck to paycheck, Forbes reveals.

According to USA Today, 42% of would-be parents do not feel financially prepared to have a child.

The good news is that these insights and circumstances are not set in stone. U.S. households can take action to reverse these trends–and they can do it with minimal effort by using real estate investing to earn and save passive income.