How can I get a house for 100k or less?

You may be surprised to learn that you don’t need to be rich in order to buy a house. In fact, there are many ways you can save money and still get a house under 100k.

Houses are a big investment and one that should not be taken lightly. That is why it is important to find the perfect house for you, in the best location and for a price that fits your budget.

Average house prices

According to the survey, the average amount people are spending on a house now is around $400,000. So, it would take a lot of research and work to find a house that’s cheaper than 100k.

There are many ways you can get a house for close to 100k or even less than that. It just takes some time and work on your end.

Find the best value for your money

It’s not always easy to find cheap homes in the marketplace. There are many aspects that affect the value of a home. The general rule of thumb, however, is to buy close to the city centre if you want better value.

Some people say that it might be easier to find a cheap home by looking at area listings, or by looking at other more affordable areas outside of the city centre. However, this might not be possible for everyone who wants to live in an urban setting.

Be more creative in your search

So, what should you do? Get creative with your search and don’t limit yourself too much by just looking at one area when there are so many others out there for you to explore!

Saving up for a down payment is the first big step in achieving this goal. You can save the down payment by living with your parents or by renting an apartment in an inexpensive location and then saving up more money over time.

A lot of people want to purchase a home but they don’t have the money. It’s not uncommon for people to spend their life savings on a house – which is why many people end up living in their parents’ basement. That’s actually not a bad idea if it helps you to save up for your own home at the same time.

There are certainly ways to get houses for 100k or less if you have patience and know where to look.

Be more specific in your search

Buying a house is one of the biggest purchases that you will ever make. That said, if you are looking for a cheap home, it’s best to be more specific in your online search and don’t just rely on general words like ‘cheap home’ or ‘good deal’.

Be flexible when it comes to DIY

If you are up for DIY, you can get a fixer-upper home at a lower price. All you need is to take some time off and do the renovation work yourself. Not only will it make your home look better, but it will also help in saving money on labour costs.

Fixer Upper Homes: Fixer-upper homes are properties that have not been renovated or updated for a long time. Even if the property doesn’t have any major structural damage, they may need new paint and flooring, as well as other cosmetic improvements.

Investors are starting to pay attention to the potential in fixer-upper homes. With a low purchase price and a lower mortgage, it is easier than ever to buy a fixer-upper house.

The process of fixing up a home can be very rewarding; you have the opportunity to make your house uniquely yours. It also has the potential to be profitable, too. Fixing up your home can increase its value by hundreds of thousands of dollars if you do it right!

Conclusion

Now, you’ve seen the best ways to buy a house for 100k or less. So, what are you waiting for? Start scrolling and find your dream home today!

Bio

Our Property under 20k team are the founders of www.propertyunder20k.com and www.listproperty4free.com with the goal to search the cheapest real estate in the world and make it easy for others to find. The team is made up of landlords, real estate investors, architects and builders from several different countries.  We just love to have a good strong cup of coffee while we write our experiences in this blog.

Image by Siggy Nowak on Pixabay 

5 Benchmarks To Select A Real Estate Investment Platform Online

Real estate is traditionally one of the most sought-after investments. However, it had been a preserve for seasoned investors with a lot of capital. Today, you can build a real estate portfolio on an online platform regardless of your background or origin. All it takes is finding a great platform to cater to your real estate investment needs. Here are benchmarks to help you select the ideal real estate platform online to kick start your journey to become a real estate investor.

real estate investment
real estate investment

Image credit: apartmentcorp.com

Experienced And Professional Team

A great investment platform relies on the strength of its team. Successful real estate investment depends on having a team with appropriate knowledge of real estate fundamentals, finance, underwriting, and survival strategy. A real estate platform online connects real estate owners with investors. So, due diligence is still necessary just like when evaluating a brick and mortar real estate company. The ideal platform should have an expert team with a strict vetting procedure.

Equally important is to understand the company’s evaluation of financial projections for deals and factors influencing investment returns like the real estate value, business strategy of operator, and market quality. You have to be sure that the investment platform ensures all deals meet quality standards before availability. The leadership team behind the platform should have experience and expertise in related fields including underwriting, real estate, business strategy, and finance.

Company Portfolio

The best online real estate investment platform should have an impressive portfolio. You have to work with a team that has considerable real estate transaction experience in the niche you’re interested in. Working with a team that has adequate ‘skin in the game’ increases your chances of becoming a successful real estate investor. The investment platform should have safety guidelines in place to protect potential investors from downside risks such as potential loss of principal and illiquidity.

Performance of Underwriting Team

Ensure to look for a real estate investment platform online with a standard procedure for vetting deals. The team should not just work with numbers without verification. So, before you invest in such a company, check their vetting criteria to understand how the underwriting team does its work. All opportunities on the platform need vetting before they are made available to potential investors.

Some of the vetting aspects include:

  • Underwriting process for deals
  • Tallying of projected expenses with historical expenses
  • Rental assumption rate backed by market research
  • Assumptions backed by data from trusted third-party sources
  • Comparison of exit cap with going-in and market cap rate

Client Service Team

Another benchmark when selecting a real estate investment platform online is to check their service team. The ideal platform should have a knowledgeable customer service team to assist customers. This is very important since the service team is everyone’s first point of contact with the platform. So, any poor service gives a negative impression and is likely to make you look for a platform with better service.

Mentorship Program

The best online platform for real estate investment should try to help novice investors understand the nuances of the industry. Some of the benefits of a real estate mentorship program include:

  • Understanding property analysis
  • Acquiring knowledge regarding property development
  • Learning how to think like a property owner
  • Understanding investing and financing construction projects

Although the mentorship program comes at a cost, it is worth the investment given the knowledge you are likely to acquire for a lifetime career in real estate investment.

Extra Services Offered

Reputable real estate platforms online offer various services. So, ensure to check whether a platform that catches your fancy has extra services that you need. A platform with a legal team to help clients handle the processing of EB5 and E2 visas is a wonderful choice. The Employment-Based Fifth (EB5) visa offers eligible migrant investors a chance to become permanent residents like Green Card holders. A platform offering assistance to acquire an EB5 visa makes it easy for you to find the appropriate commercial investment you can invest in to qualify.

The E2 treaty visa allows someone to enter and work in the US after investing. Depending on your country of origin, this visa is valid from three months to five years with a chance for indefinite extension. If you need this visa, find a platform to assist you during the application process to ensure that you meet the five requirements required by the U.S. Citizenship and Immigration Services. Getting assistance from an all-service platform saves time and money.

Bottom Line

An online platform is a way to go when looking forward to making your first investment in real estate. Look for a company that offers a mentorship program for novices to understand the ins and outs of the industry. When from another country, look for a platform that offers assistance during EB5 or E2 visa applications.

Author: Eernesto Felder

Sneak Peek Into Lavish Living At Anthem Country Club

Anthem Country Club community was built by Del Webb on 4,755 acres with more than 10,000 homes. The community sits at the base of the Black Mountains with several neighborhoods including multi-generational homes and active adult living. Some of the locations include Anthem Country Club which is a gated luxury golf community with guards and Sun City.

Image credit: findmylasvegashome.com

The guard-gated communities here have open green spaces and local parks nearby. Besides, some local parks including Vivaldi Park and Sonata Park overlap neighborhood boundaries shared by Anthem and Seven Hills. So, residents share them. Anthem residents access grocery stores and restaurants after a few minutes’ drive. Residents get amazing views of the Black Mountains and The Strip since the community is elevated.

Anthem Country Club Lake

Membership to Anthem Country Club, a guard-gated private community comes with various privileges. Subscribing to a social membership offers access to various recreational activities. There’s a fitness center covering 13,700 square feet to cover all your exercise needs including group cardio classes and weight training.  Other features include a 25-meter swimming pool with lap lanes, a play area for kids, and a wading pool with a café where you get served food and drinks by the water. Six well-lit tennis courts are available with a sand-filled volleyball court and basketball court.

Golf fans should visit Anthem Country Club in Henderson NV  and enjoy membership such as access to the 18-hole golf course. This par-72 caliber golf course has more than 7,300 yards of lakes, waterfalls, green grass, and desert landscapes. Each hole has five sets of tees for golfers at every level. The PGA-trained staff and full practice facility ensure you have a memorable experience and have your swing in top shape.

Anthem Country Club Real Estate

Planning to buy a home at Anthem Country Club? You need to have a big budget. The luxury homes in the community range from $500,000 to $10,000 with secure private roads and a second gate to reinforce security. Anthem Country Club is on the southern edge of Henderson with the scenic mountains of Sloan Canyon National Conservation Area in the background. It is a few minutes’ drive from Downtown, The Strip, and other busy locations in Las Vegas. The location is incomparable when it comes to lavish living. Buying a home here offers an instant upgrade to your lifestyle.

Areas surrounding Anthem Country Club

The community is in Anthem, Arizona bordering the Phoenix metro area in the north off the interstate. Residents easily access basic needs and endless fun activities with Safeway and Wal-Mart close by. There’s endless shopping at the Anthem Outlet Shops and various healthcare services such as Alliance Medical Clinic and Honor Health Medical Group. Dining out is available at restaurants including Two Brothers Kitchen, The Tennessee Kitchen, and Dara Thai Café nearby

There are various entertainment options such as museums like Pioneer Living History Museum, theaters, and galleries just a short drive in downtown Phoenix. Golfers can venture out to play at Bellair Golf Club and Wildfire Golf Club. Nature lovers are spoilt for choice with a range of green spaces and parks including Liberty Bell Park, Anthem Community Park, and Daisy Mountain Railroad. You can as well visit metropolitan locations such as Downtown Phoenix an hour’s drive away and to Sedona and Flagstaff in the cities.

Daily Living At Anthem Country Club

Living here offers all the perks of a master-planned community in a big city with the feel and charm of a tiny town. Sunny and moderate weather prevails most parts of the year apart from some weeks in late summer where thunderstorms and heavy rains determine people’s activities. The 10 miles of biking and hiking trails in Anthem  give you something to do every day. For sports fans, there is Anthem Soccer Club and Anthem Dolphins Swim Team.

North Valley Regional Library serves Anthem and surrounding locations. The joint-use facility is on the Boulder Creek High School premises with a collection of about 80,000 items including movies on DVD, best sellers, audiobooks, magazines, and newspapers. Additionally, this state-of-the-art library has 50 computers with internet.

Anthem Country Club Schools

The community has one of Deer Valley Unified School District public schools or any of the seven charter schools scattered around the city. Deer Valley has five K-8 schools and Boulder Creek High School, a grade 9-12 facility. Anthem has Deer Valley schools with excellent performance ratings from the Department Of Education in Arizona. The community is close to various colleges such as:

  • Arizona State University-West
  • Glendale Community College
  • Paradise Valley College

Anthem Country Club is an ideal location for lavish living in Henderson, NV for retirees, families, and singles. Apart from the beautiful weather, this guarded-gate community has various homes to match everyone’s budget with world-class amenities such as golf courses, a swimming pool, and tennis courts.

Author: Eernesto T Felder

What’s the deal with bunkers for sale?

For some reasons there have been a huge interest in abandoned bunkers for sale. Always there is an ad of a bunker for sale it gets at least ten times more hits than homes for sale. Surely, many just click on it out of curiosity but many are seriously interested. What is it that makes bunkers so attractive for buyers?

Although it is considered as the ultimate hiding place, the average underground bunker usually has no windows, just air vents and most of the times no electricity, toilet or running water.

Most subterranean shelters would be accessible through a straight up concrete shaft with a steel ladder, accessed by some sort of concrete or steel hatch on the ground.

The perfect historical restoration project

For all buyers who are interested in a historical restoration venture they are just perfect. It is a truly unique project that is sure to seduce. Unfortunately, there are not as many out there as interested buyers. That’s why, despite the bad state they usually are in they are not cheap.

Some people have been very creative and building their own amazing backyard bunkers. In this case don’t forget to get the proper permits before.

We could also see a recent movement of newly built bunkers – many especially for the upper class – that offer all modern comfort you can think of and look like out of a sci fi movie.

The “bunker for sale scam”

Sadly, whatever triggers a lot of interest in many people also inspires others to come up with a scam. In the bunker story it is no different.

The scam we have seen so far is this:

There is an ad with nice and very cheap bunkers for sale. Once you contact the advertiser, he will explain that he is very sick that is why he priced his bunker for a quick sale. Due to his condition, he is also not able to show the property but someone else can be paid to show it. Therefore, he will ask you for some money to see the bunker before you buy it. Needless to say, that after paying the money you will not hear from him ever again or have any way to get through to him.

Here are some red flags to look out for:

  • Price is cheaper than normal
  • The seller asks money to show you the property

Another good way is to use the Google Reverse Image Search with the images the advertiser has in the ad. You may find that he copied them from another website.

Bio

Our Property under 20k team are the founders of www.propertyunder20k.com and www.listproperty4free.com with the goal to search the cheapest real estate in the world and make it easy for others to find. The team is made up of landlords, real estate investors, architects and builders from several different countries.  We just love to have a good strong cup of coffee while we write our experiences in this blog.

Bild von Martin Bock auf Pixabay 

Adobe Construction – cheap and naturally energy efficient

Adobe – or earth construction as some may call it – is one of the oldest building methods in the world. Since ever, humankind has used earth in various forms to build their homes. It has a huge number of benefits most of us modern people forgot about.

I only came to love this type of construction when working on a renovation project of an old town house in Portugal. Until then, when thinking of an earth house I had a very different picture in mind. It was something like a simple hut in an African village.

Adobe walls are naturally energy efficient and can be load bearing. Often, they are very thick, forming a natural insulation from the environmental heat or cold. Earth-based products are naturally sustainable because you are building with the materials that surround you.

Interestingly, approximately 30% of the world population lives in homes made of earth materials. That’s no wonder if you think of the many financial and environmental benefits. That’s why people like me, once we know about it, just love it. It is not only a far cheaper construction method but also has many other advantages compared with modern materials.

The composition of the adobe—or some may call it the recipe—vary according to country and local customs. Usually most of it is made of earth and or clay. Besides that, it can contain other materials like straw, maybe even small amounts of lime. Once I even read about that it can include horse hair. Not sure if this is true though.

There is even a thing they call Superadobe. It is also made from earth and organic materials heartened with lime, compressed into bags which are stacked on top of each other, each layer of bags separated by barbed wire. This method is perfect for seismically active areas.

What is adobe construction

Buildings made of Adobe are very similar to a rammed earth house. The only difference is that the earth was rammed into some sort of brick shape before it was used for the construction. Like this it is very easy to build walls with earth.

Special treatment for adobe construction

Please note that the right plaster is essential to be completely waterproof. You don’t want your wall to crumble apart after a few years. They are several products on the market that are perfect for adobe construction. We can use it for the first plaster on a new wall as well as fixing cracks in an old one. It is very important that the plaster lets the wall still breath.

Also, there can be a problem with raising damp in those buildings if they have no horizontal barrier to stop it. I saw a layer of bitumen sheet or a special plastic be put before the first layer of adobe bricks. Therefore, it is good to keep that in mind before you start building your house.

One historic local custom in my area was that the builders would leave an air gap under the house to avoid any raising damp. With some houses being well beyond 100 years now and showing no sign of any raising damp we can say that it is a truly successful method.

If you live in an earthquake zone it is also advisable to apply a net within the construction to give it better structural properties.

Adobe construction surprises

Probably the biggest surprise was when I found out that adobe was even used for the first modern architecture in Portugal. This is something I would always associate with concrete and steel.

It seems there is no limit to what you can build with it starting with simple garden walls, garages, sheds, houses and even apartment blocks.

Conclusion

Adobe Construction is naturally energy efficient and sustainable because you are building with the materials that surround you. With the right know-how it can give the same or even better comfort than a modern building method.

Bio

Our Property under 20k team are the founders of www.propertyunder20k.com and www.listproperty4free.com with the goal to search the cheapest real estate in the world and make it easy for others to find. The team is made up of landlords, real estate investors, architects and builders from several different countries.  We just love to have a good strong cup of coffee while we write our experiences in this blog.

Image by Michelle Raponi from Pixabay

Finding apartment blocks for sale

So, you’re in the market for a whole apartment block? That’s exciting news. Finding apartment blocks for sale is just one click away. If you’re serious about buying some apartment units here is a good place to start to get a first idea of what your money can buy.

Later it might be a good idea to get a qualified real estate agent who knows the local real estate market and can guide you through the buying process.

They can advise you on the real estate market in your area and financing if needed. That can help you immensely to make your dream of becoming a landlord a reality. With a real professional by your side finding a suitable building will be piece of cake.
Did you know that a typical real estate sale involves more than 20 steps after the initial contract is accepted? Real estate agents walk you through each step to move toward a quick-and-easy close. Together, you’ll create a marketing plan, set the right price and get your new real estate business in no time.

Make your homework

Of course, it is always good to do some research yourself. For example, it can be interesting to look at some property records before buying as well as rental prices. Like that it will be easy for you to find out what yield you can expect from your investment.

If you want to have the least work possible with your asset it would be wise to consider hiring a management company who will deal with the tenants on your behalf.

Newly built apartment blocks for a secure future

Nobody can resist the charm of a new build home.

The plaster does not crumble from the walls, power lines and pipes do not need renovation and the architectural style usually has a trendy and modern design. State-of-the-art materials and the latest standard characterize such a new building.

Yes, buying a brand-new home can be very appealing especially if you are planning to rent it out. You will easily find tenants and beside the usual maintenance jobs there will not be much repairs to do.

A new home has advantages in many ways

A new phase of life begins with a new house and many people fulfil a lifelong dream. The likelihood of taking a risk with such a newly built house is almost zero. Freshly build houses have the great advantages:

  • New buildings often consist of high-quality materials.
  • New build houses mostly have the latest house technology integrated.
  • They are characterized by a low energy requirement.
  • A modern architectural style is characteristic of newly built houses.

The construction quality has improved immensely in recent years, so that today there are hardly any nasty surprises waiting for the owner after years of occupancy. Therefore, after buying new apartment blocks, you can sit back and relax.

The old charm apartment block

If you lost your heart to one of those old charm apartment blocks you are not alone. Although due to age and new energy efficiency laws they usually need some works before they can be properly rented but it is totally worth it. In the end you will have something truly special and unique.

Apartment blocks for sale

You are looking for apartment blocks for sale? Have a look at

Blocks of Apartments for Sale & Rent in Africa

Blocks of Apartments for Sale & Rent in Asia

Blocks of Apartments for Sale & Rent in Europe

Blocks of Apartments for Sale & Rent in North America

Bio

Our Property under 20k team are the founders of www.propertyunder20k.com and www.listproperty4free.com with the goal to search the cheapest real estate in the world and make it easy for others to find. The team is made up of landlords, real estate investors, architects and builders from several different countries.  We just love to have a good strong cup of coffee while we write our experiences in this blog.

Image: Image by PublicDomainPictures from Pixabay

How to sell commercial real estate

Whether you are a broker or a property owner, to sell commercial real estate is not what it used to be as there can be many surprises. Investors view the commercial property as an investment machine aimed to generate income. If the numbers add up, there is a possibility for a bidding war. And if not, the sale may not be that easy.

Getting yourself prepared can make a great difference between being stuck or creating a favourable property sale.  However, the best way to get started is to make the property as pleasantly engaging as possible to give prospects a great first impression. An abandoned commercial property for sale can discourage buyers, thereby affecting the sale price.

How do you want to sell commercial property?

Sell commercial real estate without a broker

While it is unusual for owners to sell commercial real estate by themselves, we cannot rule out the fact that it is possible. Some may have rich experience in commercial properties and are sure to complete the deal without an agent. Others may simply want to maximize their proceeds by circumventing the broker commission.

Whichever way, note that a lot is at stake with commercial real estate sales. Also, the process is complex to finalize. If you have decided to sell by yourself, you will be the one in charge of the entire transaction process, from listing your property to finding potential buyers, communicating with them, finalizing the paper works, inspection, hiring a lawyer etc.

Commercial property for sale using a broker

The activities involved in selling your commercial property by yourself can be hectic and time-consuming. Thus, finding a reliable commercial real estate company who has your best interest at heart can save you a lot of hassle.

They will take over all the processes and help you sell your commercial property quicker. Beyond these, they will help to determine the proper worth of your property for the current market conditions. This is saving you tons of research time.

Rather than relying only on the conventional marketing approaches, professional brokers have an established network of investors and brokers who may be interested in buying your property. They will present your property directly to these prospects, which significantly increase your chances of getting a competent buyer promptly.

You get many benefits when you employ a broker to help with your property sale. But just like with other industry, it is important you do research before deciding on a brokerage agency. Like this you get the best deal for your property.

Bio

Our Property under 20k team are the founders of www.propertyunder20k.com and www.listproperty4free.com with the goal to search the cheapest real estate in the world and make it easy for others to find. The team is made up of landlords, real estate investors, architects and builders from several different countries.  We just love to have a good strong cup of coffee while we write our experiences in this blog.

Image by F. Muhammad from Pixabay

Why You Need to Invest in Real Estate Twilight Photography

Real estate photography has been around for a long time now. And with the online screening of properties getting popular by the day, it undoubtedly brings a certain advantage to real estate owners and agents. With attractive photographs, you can highlight the best features of your property and make a great first impression, which plays a very important role in getting a great deal.

One of the most trending real estate photography trends today is twilight real estate photography. It involves capturing the scene at the time of dusk against the background of natural light in order to take the aesthetics several notches higher. You can either hire a professional photographer to do the job or pay an expert to turn a day photo into a dusk photo if hiring a photographer seems like an expensive business.

Let’s understand why real estate twilight photos are all the rage these days and how dusk photos can help you sell your property faster and at better rates.

1. Twilight photography helps the property stand out.

Since twilight photography captures the site in different lighting, the photos naturally stand out. This is because buyers are usually not used to seeing dusk photos of the property in every listing. The beautiful colors of the sky and their appealing contrast with the property lighting and tones make a long-lasting impression on the potential buyer. So, even if they check out more listings to be sure, chances are they will come back because of the perfect evening setting that your property has to offer.

2. It helps display a magical exterior.

With the entire property awash in dusk colors, the nuances of the exterior look magical or surreal. Moreover, the colors of the dusk are usually associated with warmth, comfort, and the feeling of being at home. All of this increases the chances of people deciding to visit the location personally after seeing the beautiful dusk photos. And the more the visits, the higher the chances of making a better and quicker deal.

3. It attracts a premium pool of buyers.

A home isn’t just about four walls. The premium buyers often prefer additional features like a patio, a little garden, or probably a Jacuzzi. Therefore, twilight photography highly benefits the sellers if their offering includes a backyard or a decent outdoor space; it helps buyers realize the full potential of the property.

Dusk photos can capture the serene outdoor ambiance – perfect for a small evening party on the patio or a Jacuzzi break after a tiring day. And this is what premium buyers want in their home.

4. It gives the seller an eye-catching cover photo.

People on a serious house hunt go on real estate listing platforms every day. And, it’s natural for all the properties to start looking the same if you’re checking out hundreds of listings in a day. Since buyers scroll through the listings, only opening ones that immediately catch the eye, it is important to add an outstanding cover photo to yours. A dusk shot of the property as the cover photo would break the monotony and make your listing look more appealing.

5. It increases real estate agents’ portfolio value.

With real estate twilight photos, agents and realtors can make their portfolio richer and more attractive. Dusk photos add a certain allure to the portfolio and make the catalog look more professional. And this is a critical step in strengthening the profile.

Twilight photography is one of the best marketing tools for sellers who need to stay competitive because buyers have the option of checking out thousands of properties with just a couple of clicks on their phones. It is definitely worth investing in.

Author Bio

Rahul Agarwal is the Co-founder & Chief Business Officer at Styldod, where he has taught a computer to do interior design! Styldod provides the most hassle-free & inexpensive virtual staging solutions for real estate agents so they can sell their listings faster, and for higher prices. Rahul was also a co-founder of Mebelkart (which is acquired by Ask Me). He’s your everyday IIT Kanpur nerd who pushes the boundaries with his innovative entrepreneurial stints and is also a sound startup investor & advisor. Rahul attributes his success as a professional to the discipline he has learned from his district hockey days, being a swimmer and a gym enthusiast.

Three Ways to Earn Passive Income from Real Estate Investments

Making money without active commitment is one of the best ways to earn; however, there aren’t too many opportunities for such income revenue. The real estate market, be it residential or commercial represents the most common source of passive income among individuals. If you are thinking about investing in a piece of real estate, here are three ways in which you can monetize your property.

Real Estate Investment Trust – REIT

REITs are companies that own and operate real estate and related assets. The difference between a REIT and an average real estate company is that REITs own and operate those types of property that produce income, whilst regular companies make their profits from renting or selling a piece of real estate.

To make a REIT your source of passive income, you need some starting cash to invest in a company that you think would be the best choice. Most REITs specialize in a specific type of real estate, therefore, you can choose between commercial, industrial, residential, or even medicinal real estate REITs. It’s also important to say that this type of investment is the least lucrative and leaves you with no control regarding how your investment will be placed, but it’s also the most secure type of investment.

Real Estate Syndication

This type of real estate investment is somewhat similar to REIT, but some minor differences might make syndication more interesting to those who like to keep their possessions under control. In short, real estate syndication means that there are a general investor and a group of passive investors who pull their funds together to obtain a piece of property. The General investor, aka Syndicator, is the one who leads the operation, manages financial and legislative processes, while passive partners kick back and wait for their money to start pouring in.

The only downside of this type of business is that you need a bit more cash to start, especially if you plan to make a substantial passive income. On the other side, you know where your money goes, who you’re going into business with, and how your property is being managed.

Crowdfunding real estate

If there was ever the need for a seamless real estate investment process, crowdfunding made it possible. This method of investment allows online users to invest in a specific piece of property at a pace and in a measure that best fits their individual needs. In short, you invest your money directly into a property of your choice and have full control of your share.

What makes this type of real estate investment even more popular is the relatively low investment threshold, you can start with as little as $1000, and raise the bar if it makes sense to you. Also, these types of investments are conducted online, making the process easy just like ordering a dissertation help online. Numerous crowdfunding platforms and social media networks allow you to invest anywhere in the world as long as there are no local legislative barriers for something like that.

Conclusion

These were some of the best ways to earn passive income through real estate. Choose the method that works best for you and your current needs. However, never invest more than you are ready to lose to avoid financial difficulties.

Author Bio:

Charlie Svensson is a fast, engaging freelance writer skilled in content writing and blogging. The favorite topics of his posts are education, social media, marketing, SEO, motivation blogging, and self-growth. His traits include adaptability and the potential to reach diverse audiences.

Real Estate Scams – When you get a call about your Real Estate Tax

You may be shocked at first but of course more than eager to pay your duties. But please don’t! This is one of the newer real estate scams that are starting to circulate.

The call about your real estate tax

This is a nasty trick where someone calls potential victims to tell them of an additional real estate tax or some other kind of fee that they need to pay. This person will tell them to pay in cash to someone who will collect the money at their home.

Please note, the tax office would never work in this way. It will never request money without an official statement, and under no circumstances will they go to a person’s house to collect money.

Residents are advised to be alert because it was reported that some individuals are posing as representatives of the tax office with the intent to scam taxpayers. 

It is sad that even in the middle of a pandemic we have to remain vigilant to don’t fall into the trap of one of the real estate scams. The best defence is awareness. So, it is good that you informed yourself – that’s the first step to don’t be scammed.

Don’t hesitate to report real estate scams

If this has already happened to you or you are suspicious about something similar please call your local police department. Don’t hesitate to do so, as this will help others to be alert as well.

Of course, you can also call your local tax office if you like to confirm your real estate tax. 

Bio

Our Property under 20k team are the founders of www.propertyunder20k.com and www.listproperty4free.com with the goal to search the cheapest real estate in the world and make it easy for others to find. The team is made up of landlords, real estate investors, architects and builders from several different countries.  We just love to have a good strong cup of coffee while we write our experiences in this blog.