Renting a property whether a flat, townhouse, cluster or free-standing home is a necessity for many people but it doesn’t bring you any closer to ownership. It might seem a no-brainer to buy rather than rent but not everybody is in a position to buy property. You may not have enough to put down a deposit for a home. It’s all very well for guru property investment advisers to encourage you to buy a property but if you don’t have the money, what can you do?
Yet property makes up an important part of building wealth. When you have learned how to identify and structure property opportunities and acquire a poverty for yourself, you can get into generating income from tenants paying rent. The returns are higher than interest paid by savings accounts and paper investments such as unit trusts or mutual funds because you get a monthly return, not annually. Continue reading “Online crowdfunding making fractional property ownership a reality for small investors without betting the farm”