One trend that probably has shown positive graphs since a long time is - real estate. This is one such sector where investing enthusiasts can consider investing their money and capitalize on it in the coming years.
FREMONT, CA: Everyone wants to invest their money in the best possible option to get the highest returns. After a 10-year bull run and global trade tensions, people are no more considering the stock market as the best option to invest in. One trend that probably has shown positive graphs since a long time is - real estate. This is one such sector where investing enthusiasts can consider investing their money and capitalize on it in the coming years.
Home at Backyard
Despite the availability of land at premium prices in cities like Austin and Texas, Millennials want to live close to downtown. There's simply not sufficient affordable inventory for renters. To serve this segment of renters, the urban house owners with extra space at the backyard are setting up small homes to earn extra income. Capitalizing on this opportunity, companies have started specializing the tiny homes with design, construction, and installation. This benefits both, i.e., the tenant as well as the company, besides benefitting the Millenials to get affordable houses in the downtown.
Property for Co-living
Another way urbanization is profiting the property owners is through the co-living movement. Purchasing properties from an investor is quite costly as well as difficult to rent as they provide four- and -five-bedroom homes. The new idea is to disintegrate the entire house and rent the individual rooms to individual tenants. This will also fetch a higher overall amount. Moreover, Millennials prefer staying in co-living spaces as it helps them to settle in a new city at a low cost and make new friends. As mentioned earlier, there are companies that are investing in value-added services like complimentary Wi-Fi, laundry, and furnished units.
Invest in a Digital REIT.
Digital real estate investment trust (REIT) is one of the easiest ways to passively invest in real estate. The most significant advantage of investing in REIT is that one doesn't need to own a physical property to earn. The risk and reward is shared with a group of people who have pooled capital to purchase a diverse selection of property assets. With new technology, it is way easier now to receive digital and high-quality fund updates. The performance of REITs can be seen on mobile phones. It is easier to receive notifications with photos and specific property developments, for example, profits on a recently sold apartment. The process is entirely transparent and helps investors to make more informed investing decisions.
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