Investing In Real Estate For the First Time

Whether you love your career and are looking for a secondary source of income or are thinking about changing careers and looking for financial stability, investing can help you achieve both.

Investing may sound scary, but it can be a lucrative, stress-free, and even fun activity for you and your family when done correctly. We’re not suggesting to throw your life savings in the stock market. That is a terrible idea. Instead, take an educated approach by researching investing options and consider investing in real estate to diversify your portfolio.

For the last 20 years, real estate has outperformed the stock market approximately 2-to-1. As long as you have a little money to invest, you can start making some tremendous financial improvements. Here is how to start:

Research the best apps for real estate investors

People have been investing in real estate long before apps were ever a thing. Now, there are plenty of apps for real estate investors that are easy and fun to use! Many people are too intimidated to start investing in real estate because they think they’ll have to shell out tens of thousands of dollars to do so. That couldn’t be farther from the truth. In fact, with as little as $10, you can start your investing journey! Sure, the more money you put in, the more you’ll get out — but starting with a small percentage of your disposable income and some quality apps for real estate investors can undoubtedly help break you into this lucrative industry.

After you’ve downloaded an app and tossed some money in, you’ll be invested in real estate. Then you can set weekly or monthly recurring investments to grow your account value, and your real estate investing nest egg will begin to grow.

Get your finances in order

Again, you don’t need $50,000 to start investing in real estate. But you do need some extra cash on hand, so you’re not risking too much on these ventures. Though investing in real estate has plenty of upsides, it’s still a fallible market. So you need to tread carefully and make sure you have plenty of cash in case of an emergency.

Research everything and start small

Finally, no matter how much you know about investing in real estate, you should always be trying to learn more. Do as much research as you can and make sure you’re comfortable with the real estate before you start putting money into this sector. Also, make sure you’re starting with smaller projects. You can — and should — invest in commercial real estate, but don’t search for gigantic properties right off the bat.

If you’re excited about breaking into this sector and want to invest in real estate, make sure you’re doing plenty of research, saving money, considering top investing apps, and working alongside a trusted investment company to answer all your questions.

How to Generate Passive Income by Investing in Real Estate

We all know that it’s wise to put in the effort to create multiple streams of income rather than depending on a single stream of income to fund your life. After all, you never know when one job or income source might fizzle out, leaving you high and dry with not even a moment’s notice. For this reason, it’s essential to understand the basics of creating passive income for yourself.

One of the best ways to generate passive income is by investing in real estate. Were you aware that residential real estate as an asset class is a $29 trillion market, and the commercial sector adds another $10 trillion? If you’re new to the world of investing or real estate (or both), you’re probably wondering how you can make the most of this opportunity. Here’s how you can get started on generating passive income by investing in real estate.

Do Your Research First

Just as you wouldn’t rush into investing in some business or company without first understanding them, you should never rush into real estate investing without first doing your research. First and foremost, learn everything you can about the target market. What is the average sale price of a variety of properties in the area you’re considering for investments? What kind of extenuating data relating to the local economy, workforce, and population might impact real estate value? Understanding the market will give you a leg up on the competition, ensuring your success in growing your passive income and cash flow.

What is passive income? Simply put, passive income is any source of income that earns money for you while you sleep. In other words, passive income puts money in your wallet over time without you having to log hours for it. Of course, most passive income, including that earned from investing in real estate, take some work upfront. But once things the foundation is set, you can sit back and collect your money every month.

Whether you’re looking to make use of one of the top investing apps such as HappyNest to invest in commercial property, or invest in a residential property, you should set a realistic goal and be prepared to do some work to get started.

Create a Goal and Vision for Yourself

Even if you’re armed with the best apps for investors, you won’t get far without the right mindset. It would help if you considered your reasons for investing before diving too deep into the specifics. Do you have a goal in mind that’s related to financial independence for you or your family? Are you just looking to create extra income to put towards a large purchase in the future? Answering these kinds of questions for yourself can give you a much clearer mental roadmap of where you are and where you want to be with your investments.

Make Use of New Technology For Easy Investing

Finally, it’s helpful to know that new technology has made investing more accessible. With real estate investing apps like HappyNest, you can get started right away without much money upfront. Real estate investing apps allow you to adjust investments on the fly. You can also access your portfolio from the comfort of your smartphone. Making use of such technologies makes investing easy and convenient.

Generating passive income by getting started in investing in real estate represents an excellent opportunity for new and experienced investors alike. Even if you’re not entirely comfortable with the process, we hope this helped shed light on some of the most basic steps to real estate investing.

If you’re wondering how you can make use of the HappyNest to fund your dreams, or if you’re looking for some more information on what HappyNest does and how we can help you, then please don’t hesitate to reach out and get in touch with a member of our team. We can’t wait to help you start earning passive income by using the HappyNest app to invest in real estate!

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.

5 Simple Ways To Boost Your Income

Whether you are budgeting for short-term or long-term financial goals, the fact remains that nearly all U.S. households could benefit from a little extra cash–particularly in times of uncertainty.

Bring in extra income with these great tips:

1. Sell Unused Gift Cards

Every year, Americans receive gift cards they do not use. Whether you switched up your diet and a particular restaurant no longer sounds all that appealing to you, or you will not use that gift card to a specific store, there are ways you can sell gift cards to make a little extra money. Some websites allow you to sell your gift card for nearly the full value, and others allow you to cash out any remaining balances on gift cards. For example, most consumers will leave small amounts–ranging from $1 to $5–on gift cards pretty much indefinitely, never using that money. Various websites and services allow you to trade-in gift cards with low balances for that dollar amount.

If you prefer to retain every cent on the card, consider trading it in. While some websites may charge a fee to purchase gift cards, you will not use, others allow you to trade it for another one of equal value. That way, you do not lose any money. Remember that there are gift cards that will enable you to purchase necessities and staples, like gift cards to grocery stores. These come in just as handy as cash savings.

2. Team Up With Commercial Real Estate Investment Services

Dividends from commercial real estate investment companies are so profitable they have outperformed stocks since 2000. Commercial real estate investment services make it simple. Search the best apps for investors and select the one that suits you.

Download the apps, let the top investing apps help you identify valuable commercial properties for sale, and wait for these properties to pay off. View your portfolio at any time and let commercial real estate investment services handle the rest!

3. Sell Items On Etsy

If you make jewelry, paint, draw, knit, crochet, woodwork, or do anything artsy or handy, there is money to be made on Etsy! Making money on Etsy is as simple as making your products, logging online and starting a shop, setting up payment options, and listing your items. Collect money and ship items when they sell. The process is pretty straightforward, but Etsy has a comprehensive beginner’s guide and seller handbook for anyone who needs help.

4. Tutor Online

Many people do not know that they can tutor online with no teaching experience. All you need is a Bachelor’s degree. There are several apps and websites that are looking for native English speakers to teach English as a Second Language (ESL). To do it, you commit to that particular services’ minimum hours per week–typically five to 12–and make sure your audio and video software is up to date. Websites provide lesson plans for you, give databases on additional resources, and let you speak to experienced ESL teachers should you have any questions.

5. Get Paid To Shop

If you are strapped for cash, NerdWallet recommends signing up to be a mystery shopper. By signing up to be a mystery shopper, you visit online stores, shop, and provide detailed feedback about your experiences. Depending on the site, they may ask for access to your online metrics and shopping habits and require you to be at least 18 or 19 years old.

It is entirely feasible to make extra money and do it from your home, using just a smartphone, laptop, and a reliable internet connection. Pad your income and savings using NerdWallet’s work from home suggestions. Make extra money with a good mix of active and passive income.

Why Should You Start Investing in Real Estate?

For some people, the subject of real estate investing can be intimidating. In any case, there’s no doubt that real estate investing is a topic that could use some clarification. While many are curious about investing in real estate, a significant portion of them are hesitant because they don’t know how they might benefit from making these kinds of investments. If this sounds like you, then read on to find out why you should start investing in real estate today.

Real Estate Investing Creates Passive Income

The rat race can be exhausting, and it can quickly drain you mentally and emotionally. If you’re like so many countless people who are just living paycheck to paycheck and barely getting by each month, then you would benefit from learning about passive and residual income. Were you aware of the fact that residential real estate as an asset class is a $29 trillion market, and the commercial real estate sector adds another $10 trillion?

This $39 trillion of real estate generates a whole lot of cash flow that some real estate investors receive as passive income. Setting yourself up for success and collecting some of this cash flow, however, will require some work upfront. But once you’ve got your investment portfolio developed, you can sit back and watch your passive income flow in and generate extra money for you and your family. If you need help or support, you can always consult with commercial real estate investment companies that can answer your questions along the way.

Helping You Family Reach Financial Goals

Without financial goals in place, it’s challenging to feel like you’re making any progress. Setting a simple goal, such as saving for a fun family vacation or a new entertainment center, can provide you with the motivation to succeed. Real estate investing can help you achieve those goals by creating another income stream that allows you to save money more quickly and achieve your financial goals faster. While you are trying to reach your goals, the extra income from real estate investments can be put towards bills or used to live a better lifestyle.

Investing Companies and Apps Make it Easy

It’s helpful to know that commercial real estate investment companies are not how they used to be. Thanks to new customer service models, better technology, and mobile investing apps, it’s never been a better time to get started in the world of investing. The best investing apps allow you to get started with as little as $10. Furthermore, modern smartphone investing apps will enable you to make moves and check in on the status of your investment portfolio, all from the comfort of your mobile device. Investing has never been easier, less complicated, or more convenient thanks to these modern technologies and innovations.

If you’re looking to get started in real estate investing, don’t hesitate to reach out and get in touch with a member of our team today. It doesn’t make a difference whether you’re an experienced or beginner investor; we make real estate investing easy.