4 Easy Ways To Get Started With Real Estate Investing

If you’ve never considered real estate investing because you don’t want to own rental properties or be a landlord, you may want to look at these options.

The post 4 Easy Ways To Get Started With Real Estate Investing appeared first on Bible Money Matters and was written by Marc. Copyright © Bible Money Matters – please visit biblemoneymatters.com for more great content.

How to Invest in Gold

Confusion and uncertainty will always be a part of investing’s rollercoaster ride. Whenever the market experiences a downward trend, the demand for gold increases as people seek out “safe” investments. According to the World Gold Council, the price for gold during the first quarter of 2020 shot up to almost its highest point in the […]

The post How to Invest in Gold appeared first on Good Financial Cents®.

How to Invest Like Mark Cuban

Mark Cuban’s advice is universal: Focus on eliminating debt, saving money, and living cheaply. Here’s more advice from the man worth $4.1 billion.Mark Cuban’s advice is universal: Focus on eliminating debt, saving money, and living cheaply. Here’s more advice from the man worth $4.1 billion.

The post How to Invest Like Mark Cuban appeared first on The Dough Roller.

7 Income-Producing Assets You Need To Know About

They say that millionaires have 7 streams of income. And most of them are boring. Common examples of income-generating assets include your classics like real estate (rental income, depreciation benefits, equity appreciation) and dividend stocks (dividend income is taxed favorably), which I love.

But every so often, there's one in there that sounds as exciting as going to Vegas and always betting on black.

Today, I want to talk about those obscure investments. Those weird, you only hear about them in the movies, oddball investments that can produce cash flow. I don't want the obscure ones that don't produce cash (invest in whiskey, art, or some other collectible … that just makes you eccentric), these have to produce a stream of income.

Maybe the stock market has you spooked. Maybe you simply have enough in equities.

Maybe you want income but all the income-producing assets you know of are boring (or you have enough) – who really cares about certificates of deposit, Treasury bonds, and dividend stocks. If you wanted them, you would've gotten them by now (or you have and want even more diversification).

Today, you'll read about some truly interesting assets that you've probably never heard of before:

I will reference different websites and companies in this list as examples. I haven't used a single one of them. These are not endorsements.

1. Crowdfunded real estate

Crowdfunded real estate is a relatively new phenomenon. It's when you can invest in a little piece of real estate as part of a “crowd” of investors. This lets you diversify your real estate holdings without the work of buying and selling properties.

You have some companies, like RealtyMogul, that curate deals and offer you a piece of the investment. There are others, like Fundrise, that run funds that do the investing and you can buy shares of those funds. In both cases, you diversify your risk across several investments and can generate passive cash flow in the process (as well as equity appreciation).

If you aren't an accredited investor, here is a list of real estate investing sites for non-accredited investors.

2. Peer-to-peer lending

Peer-to-peer lending is older than crowdfunded real estate investing but follows the same principles. You act as a bank, lending money to borrowers, but are able to diversify your loans across a variety of different borrowers with varying levels of risk. By funding loans with $10 and $20, you can deploy thousands of dollars across hundred of borrowers that, hopefully, are not correlated.

3. Mineral rights

Mineral rights are exactly that—the rights to extra minerals from the earth for a specific plot of land. They may be called mineral rights, mineral interests, or mineral estate, but the term is clear. It gives the owner the right to mine and extract minerals from the land.

When you own the mineral rights, you own any valuable minerals trapped in the land.

This is lucrative because when you own the mineral rights, you own any valuable minerals trapped in the land. The most valuable minerals are oil and gas, gold, copper, diamonds, and coal. In the United States, most of the value is in finding oil and gas.

When you own a mineral right, you can reach an agreement with a miner or extractor to receive a royalty based on production. For example, it's not uncommon for the Lessee (the miner) to pay the Lessor (owner) 1/8th value of what is produced.

If you want to buy mineral rights, do your homework!

4. Structured settlements

Structured settlements are an interesting asset.

Let's say you slip and fall in a store. You sue the store, because they were negligent, and you reach a settlement with the store. They offer to pay you $5,000 a year for 20 years. You see this a lot whenever there is a settlement on a massive scale with multiple claimants. The responsible party has to do this or they might go bankrupt. If they go bankrupt, no one gets paid.

Structured settlements are fine, except sometimes the person getting the money needs the whole sum. Or they don't want to wait. That's when an investor can offer to buy it from them. At this point, it's really an annuity to the investor.

This area has a bad reputation because sometimes the parties involved don't behave honorably. They might take advantage of someone in a bad situation and offer a lowball amount for a settlement. Whatever the case may be, the instrument itself is aboveboard.

Continue reading on Wallet Hacks …

The Best Dallas Financial Advisors For Young Professionals

The Dallas, Texas metro area has plenty of financial advisors; these firms are some of the best for building wealth.The Dallas, Texas metro area has plenty of financial advisors; these firms are some of the best for building wealth.

The post The Best Dallas Financial Advisors For Young Professionals appeared first on Money Under 30.

401k Early Withdrawal: What to Know Before You Cash Out

When it comes to making a 401k early withdrawal, there are a number of reasons why it might be tempting. With millions still unemployed due to the pandemic, unexpected expenses are taking a particularly hard toll. One reason why early…

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The post 401k Early Withdrawal: What to Know Before You Cash Out appeared first on MintLife Blog.

The Best Time to Buy a TV, Mattress and More: Here’s Your Guide

When’s the best time to buy… just about anything? Here’s your shopping calendar.

This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017.