Investing in real estate doesn’t need to be complicated. There are simpler alternatives to circumvent the exhaustive tasks of conducting property research, finding tenants, and maintaining assets. Real estate development company, like AMBS Real Estate Development, provide a convenient and accessible way for a broader audience to diversify their portfolios without ever setting foot on a property. Real estate investments are also an excellent source of passive income through rental properties or dividends from real estate investment trusts (REITs).
Compare the Top Real Estate Investing Apps
Discover the leading real estate investing apps for 2024, carefully chosen by Business Insider’s editors. These apps stand out with low fees, regular bonus payouts, pre-vetted properties, access to property managers, and opportunities for both accredited and non-accredited investors. Here’s your guide to investing in real estate with these top apps.
Best Overall – RealtyMogul
RealtyMogul democratizes real estate investing, making it accessible to everyone, regardless of accreditation status. Specializing in pre-vetted public, non-traded REITs, RealtyMogul offers investment options in commercial real estate through REITs or individual properties. Although single property investments are exclusive to accredited investors, can invest in income and growth REITs, which offer quarterly or monthly dividends and capital appreciation.
Best for Non-Accredited Investors – Fundrise
Fundrise is perfect for those new to real estate investing, requiring just a $10 minimum investment. It features eREITs, electronic real estate funds, venture capital funds, and Fundrise IPOs, appealing to hands-off investors who appreciate low fees. With a minimum investment term of five years, Fundrise does not require accreditation; anyone who meets the app’s minimum criteria can join. All Fundrise portfolios include auto-investing, dividend reinvesting, and referral discounts.
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Best for Real Estate and Investments – Yieldstreet
Yieldstreet offers accredited investors extensive opportunities in real estate and other alternative investments. The platform provides entry to a broad range of asset classes, including real estate, legal finance, marine finance, crypto, commercial and consumer finance, and art finance. Non-accredited investors can still participate through the Yieldstreet Prism Fund, which allows for investment in a diverse mix of alternative assets. Yieldstreet’s flexible investment terms range from six months to five years.
Best for Short-Term Real Estate Investments – Groundfloor
Groundfloor caters to those interested in short-term real estate debt investments, featuring SEC-qualified Limited Recourse Obligations (LROs) and notes. With a low minimum investment of $10, it is accessible to investors, offering investment durations from 30 days to 18 months. Groundfloor provides self-directed and automatic investing options, enhanced by a proprietary loan-grading algorithm, with a historical annual return of 10%. The platform also offers various IRAs and a mobile investing app called Stairs.
Best Real Estate Investing App for Accredited Investors – EquityMultiple
EquityMultiple is tailored for accredited investors seeking a wide range of assets, with minimum investment amounts between $10,000 and $30,000. The platform offers diverse opportunities in institutional and commercial real estate, equity, preferred equity, and senior debt.
Investors can choose from multiple investment strategies, such as Fund Investing, Direct Investing, and Savings Alternative Investing, each with unique timelines and requirements. Property types include multifamily, office, industrial, storage, car wash, cannabis facilities, retail, mixed-use, opportunity zones, senior living, student housing, and data centers. Self-directed IRAs are available for investment.