You don't have to be a rich uncle to invest in the futures of companies or property. Thanks to new crowdfunding projects, you can have a piece of business and real estate action. Jimmy Rhoades is breaking down how easy it can be to beef up your wallet with investments and is showing you 3 ways you can get into the investment biz.
1. Loan and Reap with NextSeed
NextSeed is a site that helps you make investments in your community's small businesses by loaning money to them, with the promise of receiving healthy financial returns. The site boasts about its simplicity, making it ideal for anyone looking to test the investment waters.
To get started, you'll sign up with an email, making you immediately eligible to invest in any live deals available. Then you'll set up a NextSeed investment account, held at partner bank GoldStar Trust, that you'll be able to transfer funds into and out of. An initial investment costs just $100, and soon, you'll be able to get perks and cash payments from private businesses. To learn more about NextSeed, visit their comprehensive website, here.
2. Own a Piece of the Action with SeedInvest
If you're looking to own a piece of a company you're investing in, instead of just loaning money to it, check out SeedInvest. The site lets you put your money into various up and coming startups that appeal to your interests: virtual reality, security, transportation, and more.
All you have to do to own a part of a startup on SeedInvest, is sign up, look through their list of accredited, and promising, start ups, and pick the ones you'd like to invest in. Once you find a company you like, you'll be able to invest a minimum of $500 - and that's it. SeedInvest holds onto your invested cash until the company you chose to invest in is listed on the stock exchange or bought by another company - then you reap the benefits. Learn more about SeedInvest's business and opportunities by clicking here.
3. Get into the Real Estate Game with Neighborhood Ventures
As a prime spot for snowbirds and college students, Arizona's real estate opportunities are on the rise, and you can have a piece of the action by becoming a part of startup, Neighborhood Ventures. The company gives you a chance to become a shareholder in an Arizona apartment building.
When you create an account with them, Neighborhood Ventures does the heavy lifting by showing you the various investment projects that are available, along with their expected rates of return and other offering details, to help you make your investment decision.
When you do find a project you'd like to invest in, you'll get to become a shareholder for just $1000. Once all the money for a property is raised, the property gets purchased and remodeled. And when rent starts coming in, you'll get paid a dividend. And when the property is sold, you'll still get a portion of the proceeds. Learn more about Neighborhood Ventures by visiting their website, here.
Have you ever invested in businesses or properties? If so, are you glad you did? If you haven't, what's holding you back? Tell us on our Facebook page, @TheListShowTV.