Saturday, November 3, 2018 - Article by: Winston Rowe - Winston Rowe & Associates -
Real Estate Investing
More millionaires today have invested in real estate than any other asset class. While real estate investing may seem intimidating or out of reach, new technology is changing the game by increasing access and decreasing investment minimums.
The following three tips for getting ahead in real estate:
1. Start conservatively.
The first and most important aspect to remember when investing is preserving money.
Make sure your investments will perform well in both an up and down economy.
2. Don't worry about diversification -- just start.
A lot of people are so worried about investing intelligently and maintaining diversification that they never begin investing.
If you are fairly conservative with your early investments, you can earn while you learn.
3. Technology is changing the game and inviting new players.
Before the passage of the JOBS Act in 2012, it was illegal for unaccredited investors to invest in non-traded REIT offerings. The only options were the stock market and possibly a fixer upper if you were willing to endure the hassle of being a landlord.Information, technology and transparency are removing the intimidating shroud that has historically covered the real estate investment market -- making that leap from saver to investor that much easier for the future generations of millionaires.
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