With inflation totally out of control, a prudent investor will want to invest in assets that will grow in appreciation and in potential income in this scenario. While we wait for massive corrections in the stock market to pounce on key opportunities we’ve outlined, we have also been investing in a variety of ways. Here are our top prospects.
- Outright buy a commercial, residential or industrial property. Key Drawback: Capital intensive and property management.
- Invest in Real Estate Investment Trusts (REITS). Key Drawback: Volatile and Property Concentration Risk
- Crowd Real Estate (Arrived Homes, Fundrise, Groundfloor, Crowdfunding). Key Drawback: Too new? No long term success track record.
So which one have we chosen? Why choose one when you can choose three! We haven’t been keeping up with posts on Econonaut because we’ve been tremendously busy in the real estate space. We converted a property we owned into a rental and starting another, we’ve been researching and investing in REITS and in Crowd-based Real Estate. We caution that some of these investments may not pan out but we think it’s important to do a full disclosure that we’re knee deep in real estate activity but not necessarily real estate investments.
The properties we are converting to rentals have been homes we have owned for some time and we think now is the right time to prep them for rentals.
Stay tuned and stay solvent…