Here are three ways that you can get rich in a recession. Increased rates have sidelined many buyers, and that lack of buyers is causing demand in a multifamily and multi-unit business. And it’s caused rents to skyrocket by 30%. Here is how you can capitalize on this housing market without being a millionaire.
Thank you for reading this post, don't forget to subscribe!The first is REITs real estate investment trusts. There are companies like fundraisers that allow you to invest in amazing properties all over the country without high-end investment. This is basically like crowdfunding for residential and commercial properties all over the country.
And then there’s commercial property. It’s no mistake that commercial real estate requires a lot of expertise. But there is a company called Crowd Street that allows you to invest in commercial properties all over the country without investing millions. Then are single-family homes, with rates increasing and buyer demand cooling. Sellers are having to cut their price more than double what it was last year. Now is a perfect time to look at all these options.
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