Diversify Your Coins: Invest in Real Estate with REITs

Dear Divas and Divos,

We need to continue to diversify your coins. You can diversify your coins by investing in real estate! I know…. I know what you are thinking….. You probably do not want to be a landlord. Me neither?!?! There is an easy way to invest in real estate without the hassle of fixing toilets and roofs.

You can invest in REITs. REIT is an acronym for Real Estate Investment Trust. A REIT is a company that owns and operates income-producing real estate. It does this by leasing space and collecting rent on its real estate, the company generates income which is paid out to shareholders in the form of dividends. It gives investors the opportunity to own valuable real estate and help communities grow and thrive.

Why should you invest in REITs instead of purchase property? Great Question!

REITs offer people who want to invest in real estate with the ease similar to investing in publicly traded stocks. They are required to distribute at least 90% of their taxable income. That means you will always receive a return on your investment as long you hold the investment.

How can I invest in a REIT as a millennial with little to no funds? I GOT YOU!

You can invest in a REIT with not a lot of money. Below are top 3 REITs that I recommend based on low investment minimum and fee structure:

1. Fundrise

One of the more popular REITs started by a group of millennials. Their portfolio consists of a mix of commercial, residential, and single-family properties. Minimum investment amount is $500. There is an annual 1% account fee.

2. Realty Mogul

A real estate crowdfunding site that allows people to invest in commercial real estate opportunities. It is a private REIT. Minimum investment amount is $1000. There is annual account fee of approximately 0.50%.

3. Rich Uncles

A real estate crowdfunding site that allows people to invest in purpose-built student housing properties. It is a Public REIT. Minimum investment amount is $5.00. There are no annual account fees.

So there you have it Divas and Divos, you can start investing in Real Estate with just as little as $5.00. Start your investment portfolio today!

Happy Investing!

Sincerely,

Miss Diva Dollars

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