I have $500 to invest. What real estate site should I invest with?

manuelmedford

New member
I know $500 isn't a lot and I'm not expecting to get rich off it by any means, but I need to start somewhere and want to put it to good use. Are there any options that aren't a super high risk but would also start generating some sort of return?
 

Kevin V

Administrator
Staff member
That are a handful of platforms that have $500 minimum investments, like CalTier and Collab, but if I were you I would look at options that would allow you to spread that out among multiple investments. Arrived Homes, for example, lets you buy shares of rental properties with a $100 minimum so you could add five properties to your portfolio. Landa has even lower minimums, so you could potentially have 10-20 properties under your belt with $500.
I think the important thing, no matter how much you're starting out with, is to keep adding to your portfolio over time. $500 might not make you rich, but with $500 now plus $100 next month, $100 the month after that, and so on - you definitely can start building some real wealth through this.
As you can probably imagine, the dividend income you'll receive from a $500 investment won't be substantial, but if you continue to reinvest those earnings your portfolio will grow faster and you can start earning some substantial passive income.
 
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