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 crowdfunding real estate investment apps.
Here are a few things to expect from the best investor apps:
Real estate Investing Apps Are Completely Portable
Whether you are at home or on-the-go, one of the benefits of investing in crowdfunding real estate investment 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.
Crowdfunding Real Estate Investment Can Be A Side Hustle
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 is not knowing where to start.
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.