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

With so much information out there today, getting into real estate investing can be a source of confusion for most people. 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 investments 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 investors

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 not a lot of 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.

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

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 gets accepted. 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.

4 Ways To Invest In Real Estate Without Buying Properties

Real estate is an intriguing investment option that many people consider when planning for their financial futures. Approximately 97% of investors plan to increase the allocation of their capital to real estate within the next 18 months. However, buying and maintaining houses or becoming a landlord can be a turn off for some. Fortunately, there are ways for you to build residual income without dealing with tenants. Here are five ways to invest in real estate without buying actual properties.

Real Estate Exchange Traded Funds

These funds are a collection of bonds and stocks within a single fund. Exchange-traded funds have similarities to mutual and index funds such as low costs and broad diversification. You can invest in stocks that are issued by real estate investment trusts and other investment services that purchase a wide variety of properties.

Real Estate Notes

Real estate notes allow you to invest at lower costs because you are essentially buying real estate debt through a bank. You will need to perform your due diligence in order to determine if these notes are truly worth buying. Some are able to find great opportunities. If the homes cannot be sold or renovate, you may have trouble getting your money back.

Hard Money Loans

If you have plenty of cash to spare to invest in real estate, you can consider becoming a lender to other real estate investors with hard money loans. You provide the loan directly to the investor and the investor uses it to create a return on your investment. You benefit with investing in real estate this way by not having to participate in the buying and selling process and can free up your time for other income-producing activities.

Online Real Estate Investing

You can use an app for investing in real estate or an online website to purchase a residential or commercial property for sale with a company. There are many real estate investment apps available to choose from. This allows you to receive cash flow distributions without having to get your hands dirty. There is no requirement to be an accredited investor to be able to open an account with one of these online real estate companies.

If you are looking to invest in real estate, these above five ways can help you build residual income without extensive home maintenance costs and tenant relationships. You will need to carefully research which ones are best suited for your financial needs before making an investment. You’ll get all the benefits of owning real estate without all the hassles that sometimes come with it.

3 Ways To Create Residual Income Through Real Estate Investing

Real estate investing can be an excellent way to create passive income for investors. An average of 15% of an ultra-wealthy person’s portfolio consists of real estate investments, according to a 2017 study from UBS and Campden Wealth. How can you use real estate to create wealth for yourself? Here are three ways to create residual income through residential and commercial real estate investments.
Investment Properties
You can create income with investment properties by leasing or renting the property to others. Owning these types of investments can provide depreciation tax benefits and value appreciation in the long term. Commercial real estate investments can require a large amount of capital upfront and are often labor-intensive. You will need to manage the property, but it is common for novice investors to hire property managers rather than doing it themselves. You can find these properties by downloading a top investing app on your smartphone for free online.
Private Equity Funds
This type of investment is a collective fund consisting of cash investments made by several investors. They provide extensive diversification with different investment types. There is typically a 2% investment management fee on an annual basis and a performance fee that’s usually around 20% of the profits earned. If you are lucky enough to find an investment that seemingly explodes overnight, you can see incredibly large returns on your investment.
Real Estate Investment Trusts
Real Estate Investments Trusts (REITs) distribute 90% of taxable income to shareholders every year. REITs are either publicly traded, publicly non-traded, or private non-traded. Publicly traded REITs are made available for the purchase of shares on an open stock exchange. Non-traded REITs are available through broker-dealers or directly from the REIT itself. Non-traded REITs can provide larger dividends but often have expensive upfront fees.
These trusts can also save you money from having to manage tenants or hiring a property manager. They are also exempt from corporate taxes as long as they adhere to specific guidelines set forth by Congress. REIT dividends have the potential to increase over time, as the properties appreciate. You can find these funds by searching for apps for real estate investors on your smartphone.
Investing through a real estate investment app can be an excellent way to build residual income. It’s wise to scrutinize each type of investment before making any decisions. Fully understand the risks before putting your money on the line, and don’t forget to diversify your assets. A well-balanced portfolio will help reduce your risks and produce stable streams of income for many years to come.

What Makes The Right Commercial Property Investment Company Exactly The Right One?

Rental properties are a fantastic investment opportunity, but if you’re new to the world of investing, navigating the process can be tricky. To help you avoid any potential mistakes, consider working with a commercial real estate advisor. How do you pick the best one? Here’s what you need to know to choose the right commercial property investment advisor for you.

What’s Their Experience?

When considering a commercial property investment company, you should look for one who has been in business for an extensive period. You will want to know how many years of experience and the overall track record of the agents that work for the company. How much do they know about the current economic trends and other factors that can affect the real estate market? Ask detailed questions and request proof of credentials. Ask for references and follow through with previous clients.

What Are Your Real Estate Investment Goals?

You should have an idea of what your investment goals are before seeking out commercial real estate investment companies. What are you looking to achieve? Are you working towards building residual income?

Are you looking for tax benefits? The new tax laws that went into effect this past year provide investors with a 20% income deduction received through LLCs and other pass-through entities. Knowing what your goals are ahead of time will help you to determine which investment property best meets your needs.

Is Rental Property Management Available?

As a new commercial real estate investor, having rental property management available can be beneficial while you are learning the ropes. Investigate how the company has handled property management in the past. Do they have a big enough team to handle the responsibilities of multiple commercial properties? Do they have extensive experience with the types of properties you are most interested in? The more experience they have, the more likely that you will receive the return on investment you are looking for.

How Much Does The Investment Company Cost?

Commercial real estate investment companies charge a range of fees, depending on what properties they have and the size of their real estate team. According to SmartAsset, financial advisors typically charge a flat fee in the range of $1,500 to $2,500 for a one-time, financial plan creation. If you’d like the advisor to continue managing an ongoing portfolio, they’ll likely charge one or two percent.

How will these fees affect your investment returns? Shop around various companies and compare fees. However, be careful about selecting a company simply because their fees are the lowest. Without the proper experience, you can end up paying more than you bargained for.

Choosing the best commercial property investment company is critical for your success in real estate investment. Do your homework carefully and understand all the terms and conditions before signing any contracts. Your investment is an important decision for your financial future so be sure to choose wisely!

Investing in Real Estate is Not Just for the Wealthy Anymore

Real estate investing used to be a fantasy for most people. It was something that only rich people did with their excess money. But thanks to modern world innovations, that is no longer the case. Real estate investing is now accessible to everyone, no matter your financial wherewithal.

What accounts for this massive shift? Here are just a few of the reasons that investing in real estate properties is no longer just for the wealthy.

Real Estate Investing is a Great Source of Residual Income

It’s no surprise that when you invest in real estate, you are building a source of additional, passive income. Sure some work needs to be done upfront to get things rolling. Still, once you’re situated, even a single real estate investment can provide an excellent source of passive income for non accredited investors. This is what leads so many investors to continue learning and growing their investment portfolios. 84% who have invested in real estate indicated that they would make another real estate investment.

The Best Investing Apps Make Things Simple

It used to be the case that real estate investing was complicated and challenging to understand. This lead to its perception as a thing that was only meant for the rich and wealthy among us. However, thanks to the rise of popular real estate investment apps, investing has never been easier. The best investing apps simplify things so that anyone can get started. It’s no longer an outlandish idea to invest in real estate with only $10.

So what advantages do the best investing apps offer to new real estate investors? Well, for one, the best investing apps give investors the option to begin their journey with small amounts of money. Sometimes the thought of throwing your life’s savings into one single investment property can seem daunting and overwhelming. It’s much more appealing to put some small funds into a property and watch it grow, especially if you are new to the world of real estate investing. The best investing apps also provide you with real-time data so that you can track your funds and your investments to plot your next move. It’s never been a better time to begin the process of investing in real estate.

Whether you’re brand new to real estate investing or not, it helps to have the best investing apps at your fingertips, 24/7. With HappyNest, real estate investing has never been simpler or more convenient. Build your portfolio, track data, and access top investment services all from the ease of your mobile device. Not sure where to get started? Get in touch with a member of our team today for more information. We would love to help you begin your journey into the fascinating, lucrative world of real estate investing!