Want to try real-estate investing without playing landlord? Here's a company that helps you do just that.
You don’t have to have hundreds of thousands of dollars to do it, either. You can get started with a minimum investment of just $500. A company called Fundrise does all the heavy lifting for you.
With a Fundrise Starter Portfolio, your money will be split into two portfolios that support private real estate around the United States.
This isn’t an obscure investment, though. You can see exactly which properties are included in your portfolios — like a set of townhomes in Snoqualmie, Washington, or an apartment building in Charlotte, North Carolina.
You can earn money through quarterly dividend payments and potential appreciation in the value of your shares, just like a stock. Cash flow typically comes from interest payments and property income (e.g. rent).
You’ll pay a 0.85% annual asset management fee and a 0.15% annual investment advisory fee.
(But remember: Investments come with risk. While Fundrise has paid distributions every quarter since at least Q2 2016, dividend and principal payments are never guaranteed.)
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