If you’re not a millionaire, becoming a property mogul might feel out of reach. But Jeff Bezos has a way to get you started.
With Arrived – a company Bezos has backed – you can buy real estate for as little as $1,000.
How to buy your piece of investment property
Landing allows you to buy a small part of the residential building.
You can invest as little as $1,000.
You can purchase a small portion of a vacation rental or single-family home through the Arrived platform.
Corporate property investors make a return by appreciating the value of the property and making lease payments on it.
Ufikele says its vacation rental and single-family home investors have seen returns between 6% and 15%, though no specific returns are guaranteed.
Getting started
To start investing, create a membership account at Get Free. Next, browse the properties in Ufikele’s portfolio that are not yet sold. It has said that its properties are often snapped up within 24 hours of being listed.
Once you have entered how many shares you want to buy, link your bank account to transfer your first investment to the Arrived platform. After that, you will be set to start investing.
Benefits of real estate investment
Investing in stocks is seen by some as a safer, more stable bet than putting your money in other assets.
For example, historically, depending on the type of property, real estate returns have outperformed the S&P 500.
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