Row 20848
Content Data
This page contains data entry 20848 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.
Honestly? Your first step should be understanding what REITs and Syndications are and how they are different. They cover *most* of Fundrise's business. A good book is "The Hands off investor" by Brian Burke.
Also, you aren't gonna get amazing answers on this sub. Not because people don't wanna help. You'll see REITs recommended over and over, not out of malice, but due to lack of experience. It's all most folks know beyond buy a house. Real estate investing is kind of a niche, and you'll get way better answers over on /r/realestateinvesting and /r/syndications. The Bigger Pockets forums are good for networking too. Just don't buy into the scams, they exist. You're walking into the lion's den so keep your wits.
REITs aren't bad. But they have some downsides. Their tax implications for one, but you also don't get the benefits of owning property like depreciation.
Your best bet if you are interested in syndications is to join your local RE investing group (most areas have one) and make connections. A lot of syndications are legally not allowed to be advertised, so you need to literally know people. It also will help to become an [accredited investor](https://www.investopedia.com/articles/investing/092815/how-become-accredited-investor.asp), or at the very least a [sophisticated investor.](https://www.investopedia.com/terms/s/sophisticatedinvestor.asp)
Do be aware that these are investments that will tie up capital for potentially years at a time. You may also have to deal with K1 forms for your taxes, so find a tax preparer who can handle them. Another company to look at would be something like Yield Street.
An alternative to consider in the RE space is underwriting hard money loans. Basically be on the other side of the person taking out a home loan. There are businesses that make that easy, though if you already have cash, you can buddy up with a lawyer who writes ironclad contracts and do it yourself. Again, networking with your local RE group required. I actually like underwriting loans since the loan is collateralized with the property itself. Stick to non judicial states and it is a *relatively* safe investment. Relatively, things like natural disasters can and do happen. And if the property is destroyed, you'll be lucky to get much back. But generally if the borrower is a deadbeat you can size the property to recover some amount of money.
| Field | Value |
|---|---|
| text | Honestly? Your first step should be understanding what REITs and Syndications are and how they are different. They cover *most* of Fundrise's business. A good book is "The Hands off investor" by Brian Burke. Also, you aren't gonna get amazing answers on this sub. Not because people don't wanna help. You'll see REITs recommended over and over, not out of malice, but due to lack of experience. It's all most folks know beyond buy a house. Real estate investing is kind of a niche, and you'll get wa… |
| label | r/investing |
| dataType | comment |
| communityName | r/investing |
| datetime | 2024-05-21 |
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Raw Record
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"text": "Honestly? Your first step should be understanding what REITs and Syndications are and how they are different. They cover *most* of Fundrise's business. A good book is \"The Hands off investor\" by Brian Burke.\n\nAlso, you aren't gonna get amazing answers on this sub. Not because people don't wanna help. You'll see REITs recommended over and over, not out of malice, but due to lack of experience. It's all most folks know beyond buy a house. Real estate investing is kind of a niche, and you'll get way better answers over on /r/realestateinvesting and /r/syndications. The Bigger Pockets forums are good for networking too. Just don't buy into the scams, they exist. You're walking into the lion's den so keep your wits.\n\nREITs aren't bad. But they have some downsides. Their tax implications for one, but you also don't get the benefits of owning property like depreciation.\n\nYour best bet if you are interested in syndications is to join your local RE investing group (most areas have one) and make connections. A lot of syndications are legally not allowed to be advertised, so you need to literally know people. It also will help to become an [accredited investor](https://www.investopedia.com/articles/investing/092815/how-become-accredited-investor.asp), or at the very least a [sophisticated investor.](https://www.investopedia.com/terms/s/sophisticatedinvestor.asp) \n\nDo be aware that these are investments that will tie up capital for potentially years at a time. You may also have to deal with K1 forms for your taxes, so find a tax preparer who can handle them. Another company to look at would be something like Yield Street.\n\nAn alternative to consider in the RE space is underwriting hard money loans. Basically be on the other side of the person taking out a home loan. There are businesses that make that easy, though if you already have cash, you can buddy up with a lawyer who writes ironclad contracts and do it yourself. Again, networking with your local RE group required. I actually like underwriting loans since the loan is collateralized with the property itself. Stick to non judicial states and it is a *relatively* safe investment. Relatively, things like natural disasters can and do happen. And if the property is destroyed, you'll be lucky to get much back. But generally if the borrower is a deadbeat you can size the property to recover some amount of money.",
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Entry Information
- Entry ID: 20848
- Repository: Axioma AXP
- Dataset: arrmlet/reddit_dataset_36
- Total Entries: 100,000