5 reasons to invest in Real Estate Crowdfunding
With an incredible $34.4 billion market value in 2015, it is becoming clear that Crowdfunding is now a major part of the global financial system. Crowdfunding has led to new developments in almost every industry, providing new funds to those that may never have been able to raise capital in the past.
Over the past few years, Crowdfunding has had an enormous impact on the real estate market, giving rise to the new form of property investment, Real Estate Crowdfunding.
Here are five reasons to get involved in Real Estate Crowdfunding right now:
In the past, real estate investment involved a complicated myriad of paperwork, solicitors, middle-men, and real estate agents, not to mention the insider knowledge needed to figure out where/how to allocate investments in the first place. Real Estate Crowdfunding escapes these issues as everything is done entirely online – all research and admin is handled by the platform.
Previous real estate investment methods would take months to finalise and even longer to initiate. Real Estate Crowdfunding reduces this time period dramatically, allowing the full process to be completed in just a few clicks.
3️⃣ Low costs
Large amounts of capital used to be the standard requirement for real estate investment, but Real Estate Crowdfunding allows you to share the costs with other investors, meaning you can now invest in property with just a few thousand dollars. (Previous rules stated that only accredited investors could participate in property investment, and you needed a net worth of $1 million to be seen as an accredited investor.)
4️⃣ Extensive monitoring capabilities
Real Estate Crowdfunding platforms now allow you to monitor your investment closely on a day-to-day basis, providing detailed information on everything from appreciation to local development, all laid out in an easy-to-use dashboard.
5️⃣ New opportunities
Now that Crowdfunding provides more funds to developing projects, more and more projects are being completed where they may not have previously been able to. This means there are more investment opportunities than ever before – this is especially true in real estate, a market which was previously restricted to all but a few investors.