If you’ve been looking for ways to diversify your investment portfolio you’ve probably considered real estate. Unfortunately, not many people actually take the plunge. A recent study done by real estate investment company RealtyShares found that only 15% of Americans are investing in real estate outside of their primary homes.
So, what’s holding people back? Simply put, it’s a lack of knowledge. As a society, we understand that real estate is a great investment but many think there are too many barriers for entry. Even though they understand the benefits, two-thirds of Americans feel real estate is too expensive, too hard or too far beyond their area of expertise. And for some, the idea of becoming a landlord doesn’t excite them. But in the end, real estate is one of the best ways to build wealth when done properly.
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