When an investor thinks of the $11.4 trillion global real estate market (which could grow to $30.6 trillion by 2031), he probably thinks he should have plenty of cash or get some kind of leverage to invest in a rental property, or a single-family unit.
But it’s 2022 – and the tools available today are much more nuanced and targeted for the millennial investor or anyone looking to invest incrementally.
Also read: Housing update: New home sales drop 10% as mortgage applications continue to falter
Have you heard of micro investing or buying fractional stocks?
The real estate market offers a lot of the same tools, and Benzinga has you covered.
First, here’s some data.
Tech real estate company Mynd released a consumer report that shows 43% of adults under 40 are considering becoming “rentvestors” – the act of prioritizing buying or investing in a property (while renting a house) before a principal residence, in order to raise the funds necessary to buy the house of their dreams.
Look at this: Benzinga offers many options for the micro-investor to get involved in the housing market for as little as $100 (or more, depending on your appetite).
Here’s how it works. It is an alternative investment platform that allows individuals to easily invest in real estate by buying shares of rental properties.
Investors on the platform earn passive income through rental income while waiting for the properties they invest in to appreciate in value over time.
The goal of microinvesting, or “rentvesting,” is to protect your financial future without compromising your lifestyle. If done correctly, the diversification strategy of rentvesting allows you to live where you want, rather than moving to an area where you can afford to buy a house.
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