Considering investing in real estate but hesitant about doing so alone? Well, you’re not the only one. In fact, investing in real estate isn’t as easy as it looks. Even if you feel confident having more knowledge related to real estate investing than in other asset classes, there are still some loopholes, especially when dealing with the wrong brokers. For this reason, it is highly recommended you perform your due diligence prior to investing and more importantly, to seek credible real estate platforms. There aren’t many platforms you can count on. However, if you look more closely, SmartCrowd, a prominent real estate crowdfunding platform, has proven to be one of the most trusted and easiest property investment platforms you can come across within the MENA region.
SmartCrowd allows everyone to easily access real estate investing and their successful attributes are proof for the numerous benefits associated with real estate crowdfunding.
Let’s take a look at the benefits of using real estate crowdfunding:
1. You Don’t Need Large Sums of Money to Hop on Property Investing Ladder
As the world’s largest asset class, it’s no wonder why buying a property is universally considered a milestone that many look to achieve in their lifetime.
Historically, it’s been an achievement reserved for the wealthy, as real estate requires a large sum of cash up front, so most people end up having to take out a mortgage to help finance it. Well not anymore. With crowdfunding platforms being readily available, this no longer needs to be the case. At real estate crowdfunding platforms like SmartCrowd, people are able to pool together funds to purchase a property and benefit from the returns. Investing and owning property no longer has to come at the cost of your savings.
2. You Can Easily Diversify Your Portfolio
Now that you no longer need to allocate a lot of cash or even take a mortgage to own property, you also no longer need to be overexposed to one asset. Like any other asset class, real estate has boom and bust cycles. Thus, diversifying your portfolio with multiple properties allows you to constantly earn income, even if a few aren’t performing well. As the saying goes, don’t put all your eggs in one basket.
Smartcrowd’s real estate crowdfunding platform allows you to invest in multiple properties in a selection of different areas with various property characteristics and risk profiles. Why simply own a single apartment in the Dubai Marina, when you could also own a townhouse in Al Waha Villas, a 2-bedroom in Downtown Dubai and a 1-bedroom in The Views – all at the same cost of fully owning one property.
By using your hard-earned capital to spread it across a different selection of properties, you are able to reduce your risk and create a stronger investment portfolio, whilst reaping the benefits of direct real estate investments!
3. The Experts Handle All the Hassle For You
Regardless of the investment type, putting your hard earned money somewhere deserves to be dealt with caution and care. We all want to feel sort of assured that we’ve made the best decisions with our cash. So why do so many people make irrational investment decisions? The truth is, we often let our emotions takeover rather than objectively looking at the data.
A big reason is that there is still a lack of awareness from investors as to what the difference is between a good personal property, and a good investment property.
Attachments to specific ideas, areas, or general biases are what separates inexperienced investors from smart investors. SmartCrowd actually is keen on preventing their investors from such errors thanks to their specialized team of professionals. The team ensures only the best approved properties, with favourable returns are selected.
Another reason investments can fail is because of a lack of understanding or lack of time taken to look at the property and conduct thorough due diligence. If you’re weak in your research you may end up overpaying or end up with inferior properties that simply cause you more problems.
4. Easy Way to Build Financial Freedom
Dreaming of achieving financial freedom? Then start taking the necessary steps. Real estate crowdfunding investments provide you with the opportunity to start working towards your investment goals, by earning a passive income and investing in an asset that historically has had great long term growth.
Remember, it’s not the amount you are able to put in, but it is about taking the first step, and being disciplined and consistent in your investment approach. That is what will enable you to start building your path to financial freedom and putting your money to work for you!
5. Your Time is Valued and Stress is Relieved
Whilst most people can achieve good results with real estate investments, this requires a huge amount of time and effort in order to conduct full proper research.
The question to ask yourself here is do you really have enough time to spend: analysing the best areas, the best properties, going over the numbers in deep details, and then going through all the paperwork and negotiations? Does the thought of all the back and forth sound like extra stress you don’t really want? It doesn’t have to be. We have busy lives, whether it’s school, work or family. Unless you already have your money working for you, it’s difficult to find quality time to make quality investments.
That’s why platforms like SmartCrowd are here. We work continuously to improve your real estate investing experience, providing you with vetted properties, third party data, and giving you the option to invest into real estate in a few minutes. We simply offer a solution to those that want access to real estate, whilst also saving themselves the cash, time, and stress!