As some of you may remember, I made my first investment on the Fundrise platform in April and I wrote an article about it then.
Fundrise is a rather new crowdfunded Real Estate investment company that is slightly different than standard REITs. They are similar in the fact that they collect funds from investors and invest in real estate with a promise to pay back profits minus a management fee. That is about where the similarities between the two end.
Don’t let the bank tell you how much house you can afford. That job should be done by your budget. Do not buy a home at the expense of your savings goals.
I define Investing as the process of converting cash into cash flows. If you are new to investing, look for investments that will create cash flows allowing for more flexibility down the line.
They say ‘What doesn’t get measured, doesn’t get done’ and they couldn’t be more right. Your net worth is like the vital sign of your