A friend of mine recently asked me about investing in a REIT, which is a Real Estate Investment Trust. There’s been a lot of them poppin’ up over the last 15 to 20 years – especially online. This particular one that she was looking at had $1,000 minimum. My friend asked, “I don’t have the $1,000 now, but if I did is this a good idea?” The online REIT that she’s looking at is so super-hipster right now too (because my friend who asked is also a hipster).
The site talks about crowd-sourcing and how you can become a real estate mogul just like everyone else! It’s real sexy, amazing, gnarly, yadda yadda yadda.
A lot of REITs invest in commercial real estate, like apartments, office buildings, retail buildings, and it makes money from the rental fees that they charge the tenants that use those properties. It delivers those monies to the investors in the form of dividends.
The Good News: Well-managed REITs tend to be good investments and a lot of them have performed really well compared to stocks.
The Bad News: Like stocks, there are no guarantee of dividends or return on investment, so there’s definitely some risk involved. If the REITs make money, you make money! Woohoo! If the REITs lose money, you lose money as well. Boo!
If you want to invest $1,000 in an REIT, it’s not the worst idea on the planet – but is it the best option?
There are a lot of down payment assistance programs out there that help a person with decent credit and $1,000 in their pocket to buy a house. Right now, prices are pretty decent, appreciation rates are pretty decent and interest rates, WHOA! Interest rates are at historic lows. So that makes this whole thing, like a super no-brainer.
Don’t believe me?
Well, here’s how investing in an REIT works: Let’s just say you took that $1,000 down payment for a house, and invested it in that sexy REIT instead. In 5 years, that $1,000 turns into a magical $1,645! Cha-ching!
Now, on the flip side, let’s just say instead of investing in that REIT, you bought yourself a town home with that $1,000. If you hang onto that town home for 5 years (and ditch the REIT), you’re looking at a profit of over $11,000! Double cha-ching!
Why do you earn so much more money on the town home? Because, my friend, you’re earning the appreciation rate on the ENTIRE town home, the $140,000 – $150,000 town home. Plus, it’s called leverage and it’s AWESOME.
In a nutshell, by investing first in your home, you’re leveraging money that you’re already spending anyway in an investment that has proven to provide more long-term wealth to Americans than any other investment out there. So, hey, if you want to take that $1,000 and invest in that sexy REIT, good luck. But if you want to take that $1,000 and REALLY do some investing, well, you know where to find me.
Make it a great day!
Kristin LaVanway
480-282-7464
kristin@hereinphoenix.com
Search Results: 650 Properties
Lowest Price
$7,500
Average Price
$212,480
Highest Price
$300,000
2402 E 5th Street 1432 Tempe 85281
For Sale
$289,000
Bedrooms: 2
Baths: 2.5
Sqft: 1,101
MLS: #6117955
Broker: Keller Williams Realty East Valley
4545 E Delta Avenue Mesa 85206
New Listing
$279,500
Bedrooms: 2
Baths: 1.75
Sqft: 1,769
MLS: #6164266
Broker: West USA Realty
695 S 92nd Street Mesa 85208
New Listing
$165,000
Bedrooms: 3
Baths: 2
Sqft: 1,152
MLS: #6164227
Broker: Sterling Fine Properties
2700 E Allred Avenue E61 Mesa 85206
New Listing
$31,900
Bedrooms: 2
Baths: 1.5
Sqft: 910
MLS: #6164059
Broker: Americas Real Estate Properties
255 S Kyrene Road 216 Chandler 85226
For Sale
$230,000
Bedrooms: 2
Baths: 2
Sqft: 913
MLS: #6147156
Broker: Realty ONE Group
7928 E Pueblo Avenue 10 Mesa 85208
For Sale
$290,000
Bedrooms: 2
Baths: 1.75
Sqft: 1,313
MLS: #6161387
Broker: HomeSmart
2310 W Carson Drive Tempe 85282
UCB
$219,900
Bedrooms: 3
Baths: 2
Sqft: 1,050
MLS: #6163458
Broker: Property Hub LLC
3560 W Mesquite Avenue Queen Creek 85142
For Sale
$267,975
Bedrooms: 3
Baths: 2
Sqft: 1,454
MLS: #6160841
Broker: HomeSmart
3894 E Palmer Street Gilbert 85298
UCB
$285,000
Bedrooms: 3
Baths: 2
Sqft: 1,215
MLS: #6162807
Broker: Redeemed Real Estate
5955 E Colby Street Mesa 85205
UCB
$274,900
Bedrooms: 4
Baths: 2.75
Sqft: 2,062
MLS: #6162252
Broker: Bliss Realty & Investments
873 E Butler Drive Chandler 85225
UCB
$294,900
Bedrooms: 3
Baths: 2
Sqft: 1,237
MLS: #6163382
Broker: HomeSmart
2401 W Southern Avenue 167 Tempe 85282
UCB
$34,500
Bedrooms: 2
Baths: 2
Sqft: 1,536
MLS: #6155654
Broker: SLW Realty Group, LLC
8337 E Deer Circle Mesa 85208
For Sale
$148,900
Bedrooms: 2
Baths: 2
Sqft: 1,057
MLS: #6137702
Broker: Century 21 Arizona Foothills
2455 E Broadway Road 4 Mesa 85204
For Sale
$218,000
Bedrooms: 3
Baths: 2
Sqft: 1,389
MLS: #6144135
Broker: A.Z. & Associates
6129 E Colby Street Mesa 85205
New Listing
$280,000
Bedrooms: 3
Baths: 2
Sqft: 1,428
MLS: #6164195
Broker: West USA Realty
2401 W Southern Avenue 407 Tempe 85282
New Listing
$34,500
Bedrooms: 2
Baths: 1
Sqft: 800
MLS: #6164172
Broker: SLW Realty Group, LLC
921 W University Drive 1075 Mesa 85201
For Sale
$250,000
Bedrooms: 3
Baths: 2
Sqft: 1,196
MLS: #6154858
Broker: Capital Property Ventures
8500 E Southern Avenue 85 Mesa 85209
For Sale
$134,900
Bedrooms: 2
Baths: 2
Sqft: 1,680
MLS: #6156752
Broker: Just Selling AZ
2209 N Recker Road Mesa 85215
For Sale
$199,900
Bedrooms: 2
Baths: 2
Sqft: 1,152
MLS: #6163712
Broker: RE/MAX Classic
1550 N Stapley Drive 53 Mesa 85203
For Sale
$262,900
Bedrooms: 2
Baths: 2
Sqft: 1,490
MLS: #6160611
Broker: My Home Group Real Estate
2460 E Main Street B19 Mesa 85213
New Listing
$89,900
Bedrooms: 2
Baths: 2
Sqft: 1,027
MLS: #6164144
Broker: My Home Group Real Estate
1357 S Allen Street Mesa 85204
For Sale
$230,000
Bedrooms: 3
Baths: 2
Sqft: 1,118
MLS: #6151257
Broker: Faith Real Estate and Investments, LLC
1942 S Emerson -- 212 Mesa 85210
UCB
$149,900
Bedrooms: 1
Baths: 1
Sqft: 654
MLS: #6150033
Broker: West USA Realty
3104 E Broadway Road 276 Mesa 85204
UCB
$33,900
Bedrooms: 2
Baths: 2
Sqft: 1,248
MLS: #6112252
Broker: Keller Williams Realty Sonoran Living
10965 E Delta Avenue Mesa 85208
UCB
$280,000
Bedrooms: 3
Baths: 2
Sqft: 1,236
MLS: #6162937
Broker: My Home Group Real Estate
1850 S Westwood -- 34 Mesa 85210
For Sale
$300,000
Bedrooms: 3
Baths: 2
Sqft: 1,472
MLS: #6162403
Broker: Lucas Real Estate
4625 E Carmel Avenue Mesa 85206
UCB
$255,000
Bedrooms: 2
Baths: 1.75
Sqft: 1,403
MLS: #6145429
Broker: DPR Realty LLC
1075 E Chandler Boulevard 102 Chandler 85225
For Sale
$200,000
Bedrooms: 2
Baths: 2
Sqft: 1,003
MLS: #6162528
Broker: Elpis Real Estate Boutique
231 N Robson Street 17 Mesa 85201
New Listing
$199,950
Bedrooms: 2
Baths: 1
Sqft: 1,008
MLS: #6164095
Broker: Valley Executives Real Estate
5704 E Decatur Street Mesa 85205
For Sale
$235,000
Bedrooms: 2
Baths: 2
Sqft: 1,293
MLS: #6155942
Broker: Realty Executives
4065 E University Drive 136 Mesa 85205
For Sale
$35,000
Bedrooms: 2
Baths: 1.5
Sqft: 880
MLS: #6160742
Broker: Americas Real Estate Properties
1427 Leisure World -- Mesa 85206
UCB
$289,900
Bedrooms: 2
Baths: 2
Sqft: 1,747
MLS: #6162879
Broker: RE/MAX Classic
1836 N Stapley Drive 139 Mesa 85203
For Sale
$260,000
Bedrooms: 3
Baths: 2.5
Sqft: 1,428
MLS: #6163436
Broker: Arizona Best Real Estate
3510 E Capri Avenue Mesa 85204
For Sale
$289,700
Bedrooms: 3
Baths: 2
Sqft: 1,191
MLS: #6160465
Broker: rHOMEaz LLC
550 W Emerald Avenue Mesa 85210
For Sale
$295,000
Bedrooms: 3
Baths: 2
Sqft: 1,160
MLS: #6162772
Broker: eXp Realty
1278 Leisure World -- Mesa 85206
UCB
$279,000
Bedrooms: 2
Baths: 1.75
Sqft: 1,915
MLS: #6150906
Broker: RE/MAX Solutions
454 S Standage -- Mesa 85202
For Sale
$295,000
Bedrooms: 3
Baths: 2
Sqft: 1,380
MLS: #6161266
Broker: Saguaro Desert Realty
170 E Guadalupe Road 67 Gilbert 85234
For Sale
$228,000
Bedrooms: 2
Baths: 2
Sqft: 1,006
MLS: #6163193
Broker: Century 21 Arizona Foothills
1430 S Rosemont -- Mesa 85206
For Sale
$290,000
Bedrooms: 3
Baths: 2
Sqft: 1,279
MLS: #6131691
Broker: West USA Realty
415 Leisure World -- Mesa 85206
New Listing
$165,000
Bedrooms: 3
Baths: 2
Sqft: 1,712
MLS: #6164018
Broker: Easy Button Realty, LLC
7750 E Broadway Road 674 Mesa 85208
For Sale
$118,000
Bedrooms: 1
Baths: 2
Sqft: 636
MLS: #6084689
Broker: Presidential Realty, LLC
601 N May Street 6 Mesa 85201
UCB
$184,700
Bedrooms: 2
Baths: 1
Sqft: 805
MLS: #6151287
Broker: My Home Group Real Estate
1103 E 6th Avenue Mesa 85204
For Sale
$264,900
Bedrooms: 3
Baths: 1.5
Sqft: 1,106
MLS: #6156660
Broker: Presidential Realty, LLC
9808 E Butte Street Mesa 85207
For Sale
$209,900
Bedrooms: 2
Baths: 1
Sqft: 1,328
MLS: #6160317
Broker: Presidential Realty, LLC
649 S Fraser Drive Mesa 85204
UCB
$289,999
Bedrooms: 3
Baths: 2
Sqft: 1,136
MLS: #6159559
Broker: Stunning Homes Realty
1100 N Priest Drive 2144 Chandler 85226
New Listing
$249,900
Bedrooms: 3
Baths: 2
Sqft: 1,200
MLS: #6163810
Broker: eXp Realty
1622 W Village Way Tempe 85282
For Sale
$199,900
Bedrooms: 3
Baths: 2
Sqft: 1,148
MLS: #6152241
Broker: My Home Group Real Estate
901 E Shobe Drive Tempe 85283
UCB
$200,000
Bedrooms: 2
Baths: 2
Sqft: 902
MLS: #6163259
Broker: eXp Realty
5735 E Mcdowell Road 322 Mesa 85215
For Sale
$136,500
Bedrooms: 1
Baths: 1
Sqft: 1,000
MLS: #6150442
Broker: RE/MAX Alliance Group
817 E Gila Lane Chandler 85225
New Listing
$275,000
Bedrooms: 2
Baths: 2
Sqft: 1,250
MLS: #6163963
Broker: My Home Group Real Estate
533 W Guadalupe Road 2079 Mesa 85210
For Sale
$185,000
Bedrooms: 2
Baths: 1.75
Sqft: 1,080
MLS: #6163400
Broker: Cactus Mountain Properties, LLC
1645 W Baseline Road 2032 Mesa 85202
For Sale
$194,997
Bedrooms: 2
Baths: 1.25
Sqft: 960
MLS: #6162220
Broker: HomeSmart
425 S Parkcrest -- 328 Mesa 85206
UCB
$163,900
Bedrooms: 2
Baths: 2
Sqft: 1,403
MLS: #6122264
Broker: My Home Group Real Estate
7005 E Broadway Road 22 Mesa 85208
For Sale
$189,900
Bedrooms: 2
Baths: 2
Sqft: 1,288
MLS: #6161033
Broker: Canam Realty Group
700 E Mesquite Circle O 111 Tempe 85281
For Sale
$180,000
Bedrooms: 1
Baths: 1
Sqft: 804
MLS: #6145289
Broker: My Home Group Real Estate
822 W Colgate Drive Tempe 85283
For Sale
$279,900
Bedrooms: 3
Baths: 2
Sqft: 1,071
MLS: #6162380
Broker: My Home Group Real Estate
1960 E Cherry Hills Drive Chandler 85249
For Sale
$200,000
Bedrooms: 2
Baths: 2
Sqft: 921
MLS: #6121441
Broker: RE/MAX Solutions
6065 E Des Moines Street Mesa 85205
CCBS
$267,000
Bedrooms: 2
Baths: 2
Sqft: 1,118
MLS: #6140806
Broker: Realty ONE Group
9501 E Broadway Road 10 Mesa 85208
For Sale
$89,900
Bedrooms: 2
Baths: 2
Sqft: 984
MLS: #6163773
Broker: Stunning Homes Realty
444 S 80th Place Mesa 85208
For Sale
$184,900
Bedrooms: 3
Baths: 2
Sqft: 1,800
MLS: #6151632
Broker: Petersen Realty
286 W Palomino Drive 68 Chandler 85225
UCB
$189,900
Bedrooms: 3
Baths: 2
Sqft: 1,066
MLS: #6148629
Broker: West USA Realty
2055 N 56th Street 22 Mesa 85215
For Sale
$259,800
Bedrooms: 2
Baths: 2
Sqft: 1,340
MLS: #6151719
Broker: HomeSmart
1811 S 39th Street 8 Mesa 85206
For Sale
$290,000
Bedrooms: 4
Baths: 2
Sqft: 1,515
MLS: #6162493
Broker: Keller Williams Integrity First
8340 E Lakeview Avenue Mesa 85209
For Sale
$275,000
Bedrooms: 2
Baths: 2
Sqft: 1,465
MLS: #6147353
Broker: Just Selling AZ
303 S Recker Road 186 Mesa 85206
For Sale
$30,000
Bedrooms: 2
Baths: 2
Sqft: 768
MLS: #6075152
Broker: Realty ONE Group
449 E 3rd Street Mesa 85203
New Listing
$259,900
Bedrooms: 4
Baths: 2
Sqft: 1,216
MLS: #6163960
Broker: neXGen Real Estate
747 S Extension Road 112 Mesa 85210
For Sale
$145,000
Bedrooms: 2
Baths: 2
Sqft: 890
MLS: #6161264
Broker: Sound Realty
1727 S Chatsworth -- Mesa 85209
UCB
$285,000
Bedrooms: 3
Baths: 2.5
Sqft: 1,933
MLS: #6162705
Broker: Joi Realty
2015 E Southern Avenue 23 Tempe 85282
UCB
$225,000
Bedrooms: 3
Baths: 2
Sqft: 1,230
MLS: #6144745
Broker: Berkshire Hathaway HomeServices Arizona Properties
234 E 7th Avenue Mesa 85210
For Sale
$284,900
Bedrooms: 3
Baths: 1
Sqft: 1,246
MLS: #6160521
Broker: Hispanic Real Estate Center
709 W Nopal Place Chandler 85225
UCB
$280,000
Bedrooms: 2
Baths: 1
Sqft: 1,300
MLS: #6155925
Broker: Coldwell Banker Realty
3491 N Arizona Avenue 94 Chandler 85225
UCB
$212,500
Bedrooms: 2
Baths: 2.5
Sqft: 1,046
MLS: #6161841
Broker: Keller Williams Realty East Valley
2727 E University Drive 60 Tempe 85281
For Sale
$69,800
Bedrooms: 2
Baths: 2
Sqft: 1,120
MLS: #6155787
Broker: Realty ONE Group
5615 S Bounty Court A Tempe 85283
For Sale
$215,000
Bedrooms: 2
Baths: 1
Sqft: 928
MLS: #6162149
Broker: Keller Williams Realty Phoenix
2301 E University Drive 137 Mesa 85213
For Sale
$199,000
Bedrooms: 3
Baths: 2
Sqft: 1,118
MLS: #6163732
Broker: My Home Group Real Estate
8212 E Broadway Road Mesa 85208
For Sale
$250,000
Bedrooms: 3
Baths: 2.75
Sqft: 1,657
MLS: #6129371
Broker: AF Realty
2093 E Don Carlos Avenue Tempe 85281
UCB
$275,000
Bedrooms: 3
Baths: 2
Sqft: 1,270
MLS: #6127390
Broker: North & Co
625 S Westwood -- 167 Mesa 85210
UCB
$194,900
Bedrooms: 2
Baths: 2
Sqft: 1,118
MLS: #6148945
Broker: Realty ONE Group
643 S 83rd Way Mesa 85208
For Sale
$190,000
Bedrooms: 2
Baths: 1.75
Sqft: 1,537
MLS: #6162228
Broker: Realty ONE Group
7129 E Broadway Road 72 Mesa 85208
New Listing
$195,000
Bedrooms: 2
Baths: 1.75
Sqft: 1,288
MLS: #6163838
Broker: Realty ONE Group
5542 E Boise Street Mesa 85205
For Sale
$229,900
Bedrooms: 2
Baths: 2
Sqft: 1,144
MLS: #6162646
Broker: Canam Realty Group
5210 E Butte Street Mesa 85205
For Sale
$189,900
Bedrooms: 2
Baths: 2
Sqft: 1,164
MLS: #6158387
Broker: Canam Realty Group
2875 W Highland Street 1212 Chandler 85224
UCB
$287,000
Bedrooms: 3
Baths: 2.5
Sqft: 1,468
MLS: #6162738
Broker: Russ Lyon Sotheby's International Realty
2146 W Isabella Avenue 121 Mesa 85202
For Sale
$182,000
Bedrooms: 2
Baths: 2
Sqft: 1,092
MLS: #6163656
Broker: Blondie Wolfe & Associates
200 E Southern Avenue 172 Tempe 85282
For Sale
$145,000
Bedrooms: 1
Baths: 1
Sqft: 693
MLS: #6162412
Broker: Keller Williams Realty Sonoran Living
1020 W Laird Street Tempe 85281
For Sale
$289,500
Bedrooms: 2
Baths: 1
Sqft: 1,040
MLS: #6163090
Broker: United Brokers Group
2214 E Farmdale Avenue Mesa 85204
UCB
$289,900
Bedrooms: 3
Baths: 2
Sqft: 1,328
MLS: #6162903
Broker: eXp Realty
1825 W Ray Road 2050 Chandler 85224
New Listing
$245,000
Bedrooms: 2
Baths: 2
Sqft: 860
MLS: #6163904
Broker: Realty Executives
111 S Greenfield Road 424 Mesa 85206
For Sale
$172,900
Bedrooms: 1
Baths: 2
Sqft: 770
MLS: #6163630
Broker: HUNT Real Estate ERA
1508 E Malibu Drive Tempe 85282
UCB
$240,000
Bedrooms: 2
Baths: 2.5
Sqft: 1,704
MLS: #6163260
Broker: Offerpad
803 S Reseda -- Mesa 85206
For Sale
$287,000
Bedrooms: 2
Baths: 2
Sqft: 1,868
MLS: #6154476
Broker: Results Realty
200 E Southern Avenue 157 Tempe 85282
New Listing
$225,000
Bedrooms: 2
Baths: 2
Sqft: 941
MLS: #6163883
Broker: RE/MAX Foothills
8500 E Southern Avenue 126 Mesa 85209
For Sale
$99,900
Bedrooms: 2
Baths: 2
Sqft: 1,150
MLS: #6163191
Broker: RE/MAX Solutions
3403 E Main Street 2403 Mesa 85213
For Sale
$33,900
Bedrooms: 2
Baths: 1
Sqft: 785
MLS: #6163270
Broker: Realty ONE Group
7726 E Baseline Road 167 Mesa 85209
UCB
$234,800
Bedrooms: 2
Baths: 2
Sqft: 993
MLS: #6160295
Broker: Keller Williams Integrity First
3930 W Monterey Street 141 Chandler 85226
For Sale
$275,000
Bedrooms: 3
Baths: 2.5
Sqft: 1,400
MLS: #6163741
Broker: Home Brokers Realty, Inc.
9133 E Albany Street Mesa 85207
UCB
$289,400
Bedrooms: 3
Baths: 2
Sqft: 1,407
MLS: #6162861
Broker: HomeSmart
7750 E Broadway Road 41 Mesa 85208
CCBS
$165,000
Bedrooms: 1
Baths: 1
Sqft: 800
MLS: #6158046
Broker: HomeSmart
6262 E Brown Road 6 Mesa 85205
UCB
$232,000
Bedrooms: 3
Baths: 2.5
Sqft: 1,421
MLS: #6162613
Broker: Realty ONE Group
5210 E Casper Road Mesa 85205
For Sale
$259,000
Bedrooms: 2
Baths: 2
Sqft: 1,208
MLS: #6146955
Broker: HomeSmart Lifestyles
