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: 673 Properties
Lowest Price
$3,000
Average Price
$219,979
Highest Price
$300,000
2821 S Skyline Drive 154 Mesa 85212
For Sale
$255,800
Bedrooms: 2
Baths: 2.5
Sqft: 1,408
MLS: #6101649
Broker: Better Homes & Garden Real Estate Move Time Realty
1351 N Pleasant Drive 1042 Chandler 85225
For Sale
$205,000
Bedrooms: 2
Baths: 2
Sqft: 940
MLS: #6101791
Broker: HomeSmart
921 W University Drive 1169 Mesa 85201
UCB
$200,000
Bedrooms: 2
Baths: 2
Sqft: 1,046
MLS: #6061174
Broker: Berkshire Hathaway HomeServices Arizona Properties
2460 E Main Street S14 Mesa 85213
For Sale
$35,000
Bedrooms: 2
Baths: 2
Sqft: 960
MLS: #6088382
Broker: HomeSmart
2460 E Main Street E15 Mesa 85213
For Sale
$79,900
Bedrooms: 2
Baths: 2
Sqft: 1,056
MLS: #6101801
Broker: HomeSmart
911 N Cherry -- Mesa 85201
For Sale
$187,900
Bedrooms: 3
Baths: 2
Sqft: 1,188
MLS: #6101988
Broker: Homesmart Success
1456 Leisure World -- Mesa 85206
UCB
$265,900
Bedrooms: 3
Baths: 2
Sqft: 1,432
MLS: #6055387
Broker: RE/MAX Classic
604 W Frito Avenue Mesa 85210
For Sale
$299,999
Bedrooms: 4
Baths: 2
Sqft: 1,509
MLS: #6102038
Broker: United Brokers Group
2209 W Edgewood Avenue Mesa 85202
For Sale
$285,000
Bedrooms: 4
Baths: 2
Sqft: 1,802
MLS: #6096429
Broker: Realty ONE Group
515 N 110th Street Mesa 85207
For Sale
$228,500
Bedrooms: 3
Baths: 2
Sqft: 1,611
MLS: #6088578
Broker: HomeSmart
863 W Harrison Street Chandler 85225
For Sale
$254,900
Bedrooms: 3
Baths: 2
Sqft: 1,066
MLS: #6102036
Broker: Russ Lyon Sotheby's International Realty
3800 S Cantabria Circle 1088 Chandler 85248
For Sale
$240,000
Bedrooms: 2
Baths: 1.75
Sqft: 1,188
MLS: #6100213
Broker: Century 21 Arizona Foothills
544 N Alma School Road 37 Mesa 85201
UCB
$290,000
Bedrooms: 3
Baths: 2.5
Sqft: 1,727
MLS: #6082618
Broker: North & Co
850 S River Drive 1006 Tempe 85281
For Sale
$205,000
Bedrooms: 3
Baths: 2
Sqft: 1,092
MLS: #6101964
Broker: Realty ONE Group
21129 E Via De Olivos -- Queen Creek 85142
For Sale
$275,000
Bedrooms: 4
Baths: 2
Sqft: 1,561
MLS: #6101990
Broker: Realty Executives
131 N Higley Road 76 Mesa 85205
For Sale
$159,900
Bedrooms: 2
Baths: 1.75
Sqft: 1,132
MLS: #6070686
Broker: West USA Realty
2677 W Half Moon Circle Queen Creek 85142
UCB
$252,000
Bedrooms: 3
Baths: 2
Sqft: 1,585
MLS: #6101311
Broker: Belva's Real Estate, L.L.C.
240 W Juniper Avenue 1212 Gilbert 85233
UCB
$269,000
Bedrooms: 2
Baths: 2.5
Sqft: 1,138
MLS: #6099875
Broker: Realty ONE Group
1886 E Don Carlos Avenue 116 Tempe 85281
UCB
$268,000
Bedrooms: 2
Baths: 2.5
Sqft: 1,462
MLS: #6096042
Broker: Berkshire Hathaway HomeServices Arizona Properties
33821 N Legend Hills Trail Queen Creek 85142
For Sale
$265,000
Bedrooms: 3
Baths: 2
Sqft: 1,975
MLS: #6101234
Broker: eXp Realty
61 W 11th Drive Mesa 85210
For Sale
$240,000
Bedrooms: 4
Baths: 2
Sqft: 1,422
MLS: #6101968
Broker: YAY Realty
5415 E Mckellips Road 37 Mesa 85215
For Sale
$256,000
Bedrooms: 2
Baths: 2.5
Sqft: 1,469
MLS: #6100293
Broker: My Home Group Real Estate
8133 E 6th Avenue Mesa 85208
UCB
$200,000
Bedrooms: 3
Baths: 3
Sqft: 1,728
MLS: #6099752
Broker: R.O.I. Properties
501 E 2nd Avenue 16 Mesa 85204
For Sale
$175,000
Bedrooms: 2
Baths: 1
Sqft: 842
MLS: #6098802
Broker: eXp Realty
4065 E University Drive 350 Mesa 85205
For Sale
$13,000
Bedrooms: 2
Baths: 1.75
Sqft: 826
MLS: #6086952
Broker: Americas Real Estate Properties
5448 E Akron Street Mesa 85205
For Sale
$229,000
Bedrooms: 2
Baths: 1.75
Sqft: 1,144
MLS: #6095759
Broker: JP & Associates Realtors Vantage
4156 W Kirkland Avenue Queen Creek 85142
For Sale
$277,000
Bedrooms: 4
Baths: 3
Sqft: 2,249
MLS: #6101156
Broker: eXp Realty
22437 S 209th Way Queen Creek 85142
For Sale
$265,000
Bedrooms: 3
Baths: 2.5
Sqft: 1,737
MLS: #6101851
Broker: HomeSmart Lifestyles
1051 S Dobson Road 143 Mesa 85202
UCB
$170,000
Bedrooms: 2
Baths: 1
Sqft: 1,047
MLS: #6100565
Broker: North & Co
1014 W Hickory Street Mesa 85201
For Sale
$247,900
Bedrooms: 3
Baths: 2
Sqft: 1,193
MLS: #6097910
Broker: HomeSmart
728 W Edgewood Avenue Mesa 85210
For Sale
$267,900
Bedrooms: 4
Baths: 2
Sqft: 1,654
MLS: #6098162
Broker: HomeSmart
5735 E Mcdowell Road 406 Mesa 85215
UCB
$159,900
Bedrooms: 1
Baths: 2
Sqft: 1,160
MLS: #6064241
Broker: RE/MAX Alliance Group
5302 E Emelita Avenue Mesa 85206
For Sale
$300,000
Bedrooms: 3
Baths: 2
Sqft: 1,257
MLS: #6101263
Broker: My Home Group Real Estate
9251 E Lompoc Avenue Mesa 85209
For Sale
$300,000
Bedrooms: 3
Baths: 2.5
Sqft: 1,440
MLS: #6093322
Broker: Berkshire Hathaway HomeServices Arizona Properties
523 N Santa Anna -- Mesa 85201
For Sale
$270,000
Bedrooms: 3
Baths: 2
Sqft: 1,425
MLS: #6086459
Broker: DPR Realty LLC
1607 N Comanche Drive Chandler 85224
For Sale
$275,000
Bedrooms: 2
Baths: 2
Sqft: 1,284
MLS: #6098664
Broker: Keller Williams Integrity First
5620 S Roosevelt Street Tempe 85283
For Sale
$239,900
Bedrooms: 2
Baths: 2
Sqft: 1,426
MLS: #6101914
Broker: Venture REI, LLC
33993 N Danja Drive Queen Creek 85142
For Sale
$275,000
Bedrooms: 3
Baths: 2
Sqft: 1,998
MLS: #6101899
Broker: Mosaic Properties
3134 E Mckellips Road 220 Mesa 85213
For Sale
$295,000
Bedrooms: 3
Baths: 2
Sqft: 1,675
MLS: #6088996
Broker: Tradelands Realty
23655 S 210th Way Queen Creek 85142
For Sale
$290,000
Bedrooms: 3
Baths: 2
Sqft: 1,496
MLS: #6101293
Broker: Realty ONE Group
1134 E Vaughn Street C Tempe 85283
For Sale
$186,000
Bedrooms: 2
Baths: 1
Sqft: 858
MLS: #6101845
Broker: R & C Real Estate Investments, LLC
7726 E Baseline Road 118 Mesa 85209
For Sale
$219,900
Bedrooms: 2
Baths: 2
Sqft: 947
MLS: #6101398
Broker: Realty ONE Group
123 N Washington Street 33 Chandler 85225
For Sale
$294,900
Bedrooms: 2
Baths: 2.5
Sqft: 1,523
MLS: #6065597
Broker: West USA Realty
7108 E Flossmoor Avenue Mesa 85208
For Sale
$284,999
Bedrooms: 3
Baths: 2
Sqft: 1,978
MLS: #6101799
Broker: Platinum Living Realty
332 S 83rd Place Mesa 85208
UCB
$230,000
Bedrooms: 3
Baths: 2
Sqft: 1,364
MLS: #6099520
Broker: West USA Realty
1905 W 2nd Street Mesa 85201
For Sale
$277,000
Bedrooms: 3
Baths: 2
Sqft: 1,126
MLS: #6098095
Broker: eXp Realty
4136 E Jasper Drive Gilbert 85296
For Sale
$269,900
Bedrooms: 2
Baths: 3
Sqft: 1,571
MLS: #6095744
Broker: RE/MAX Alliance Group
1249 E Liberty Shores Drive Gilbert 85234
For Sale
$275,000
Bedrooms: 3
Baths: 2.5
Sqft: 1,338
MLS: #6096357
Broker: United Brokers Group
2321 W Ironwood Drive Chandler 85224
For Sale
$300,000
Bedrooms: 3
Baths: 2
Sqft: 1,266
MLS: #6100715
Broker: United Brokers Group
7006 E Jensen Street 123 Mesa 85207
For Sale
$250,000
Bedrooms: 2
Baths: 2
Sqft: 1,339
MLS: #6095509
Broker: Keller Williams Integrity First
2511 W Queen Creek Road 316 Chandler 85248
For Sale
$283,000
Bedrooms: 1
Baths: 1.5
Sqft: 1,011
MLS: #6101779
Broker: Statesman Sales and Marketing, LLC
1047 E 9th Drive Mesa 85204
For Sale
$269,900
Bedrooms: 4
Baths: 3
Sqft: 1,990
MLS: #6098196
Broker: Professional Real Estate Negotiators
2158 E Catalina Avenue Mesa 85204
For Sale
$299,000
Bedrooms: 3
Baths: 2
Sqft: 1,450
MLS: #6093859
Broker: Elite Results Realty
1970 N Hartford Street 40 Chandler 85225
For Sale
$194,900
Bedrooms: 2
Baths: 2.5
Sqft: 1,098
MLS: #6096266
Broker: RE/MAX Solutions
3755 E Broadway Road 47 Mesa 85206
UCB
$287,900
Bedrooms: 4
Baths: 2
Sqft: 1,478
MLS: #6093204
Broker: North & Co
2550 S Ellsworth Road 687 Mesa 85209
For Sale
$148,800
Bedrooms: 2
Baths: 2
Sqft: 1,500
MLS: #6100459
Broker: Venture Real Estate & Consulting
774 E Detroit Street Chandler 85225
For Sale
$199,900
Bedrooms: 3
Baths: 1
Sqft: 918
MLS: #6101738
Broker: West USA Realty
698 N Washington Street Chandler 85225
UCB
$285,000
Bedrooms: 2
Baths: 2
Sqft: 1,356
MLS: #6093881
Broker: HomeSmart
2301 E University Drive 266 Mesa 85213
For Sale
$169,000
Bedrooms: 2
Baths: 1.5
Sqft: 792
MLS: #6101734
Broker: Redfin Corporation
4901 S Calle Los Cerros Drive 179 Tempe 85282
For Sale
$159,000
Bedrooms: 2
Baths: 1
Sqft: 849
MLS: #6096827
Broker: eXp Realty
1730 N 64th Street Mesa 85205
UCB
$275,000
Bedrooms: 3
Baths: 2
Sqft: 1,536
MLS: #6091488
Broker: Keller Williams Realty Phoenix
1865 S Tucana Lane Gilbert 85295
For Sale
$290,000
Bedrooms: 3
Baths: 2.5
Sqft: 1,488
MLS: #6100038
Broker: Keller Williams Integrity First
1738 W 6th Street Mesa 85201
For Sale
$297,500
Bedrooms: 3
Baths: 2
Sqft: 1,389
MLS: #6101724
Broker: West USA Realty
1048 W 6th Place Mesa 85201
UCB
$295,000
Bedrooms: 3
Baths: 1.75
Sqft: 1,179
MLS: #6098482
Broker: DPR Realty LLC
839 S Westwood Street 249 Mesa 85210
For Sale
$187,500
Bedrooms: 2
Baths: 2
Sqft: 1,140
MLS: #6101711
Broker: HomeSmart
1590 W Curry Drive Chandler 85224
For Sale
$285,000
Bedrooms: 3
Baths: 2
Sqft: 1,133
MLS: #6100682
Broker: RE/MAX Solutions
1718 S Longmore Street 94 Mesa 85202
UCB
$225,000
Bedrooms: 2
Baths: 2
Sqft: 1,280
MLS: #6100804
Broker: HomeSmart
3395 W Yellow Peak Drive Queen Creek 85142
For Sale
$235,000
Bedrooms: 3
Baths: 2
Sqft: 1,495
MLS: #6101142
Broker: Keller Williams Integrity First
1108 N Cherry -- Mesa 85201
For Sale
$290,000
Bedrooms: 3
Baths: 2
Sqft: 2,041
MLS: #6092897
Broker: RE/MAX Excalibur
702 N 56th Street Mesa 85205
UCB
$259,900
Bedrooms: 3
Baths: 2
Sqft: 1,366
MLS: #6065043
Broker: HomeSmart
529 E Hampton Avenue Mesa 85204
UCB
$239,999
Bedrooms: 4
Baths: 2
Sqft: 1,296
MLS: #6100505
Broker: West USA Realty
1350 S Greenfield Road 1042 Mesa 85206
For Sale
$250,000
Bedrooms: 3
Baths: 2.5
Sqft: 1,380
MLS: #6095100
Broker: ProSmart Realty
2336 N Floyd Drive Mesa 85215
For Sale
$129,900
Bedrooms: 2
Baths: 2
Sqft: 1,225
MLS: #6042081
Broker: Red Brick Realty, LLC
2024 S Baldwin -- 153 Mesa 85209
UCB
$219,900
Bedrooms: 2
Baths: 2.5
Sqft: 1,148
MLS: #6094838
Broker: HomeSmart
10231 E Illini Street C Mesa 85208
For Sale
$249,900
Bedrooms: 3
Baths: 2
Sqft: 1,280
MLS: #6091468
Broker: Realty ONE Group
10249 E Illini Street D Mesa 85208
For Sale
$219,900
Bedrooms: 2
Baths: 2
Sqft: 840
MLS: #6091467
Broker: Realty ONE Group
255 S Kyrene Road 136 Chandler 85226
For Sale
$215,000
Bedrooms: 2
Baths: 2
Sqft: 1,189
MLS: #6100976
Broker: eXp Realty
1432 W Emerald Avenue 648 Mesa 85202
For Sale
$118,000
Bedrooms: 1
Baths: 1
Sqft: 641
MLS: #6101357
Broker: Realty ONE Group
1102 W Cornell Drive Tempe 85283
For Sale
$279,900
Bedrooms: 4
Baths: 2
Sqft: 1,376
MLS: #6101568
Broker: Realty Executives
7531 E Billings Street 103 Mesa 85207
For Sale
$282,900
Bedrooms: 3
Baths: 2.5
Sqft: 1,633
MLS: #6101625
Broker: RE/MAX Excalibur
7531 E Billings Street 102 Mesa 85207
For Sale
$284,900
Bedrooms: 3
Baths: 2.5
Sqft: 1,633
MLS: #6101623
Broker: RE/MAX Excalibur
1950 N Center Street 129 Mesa 85201
For Sale
$245,000
Bedrooms: 3
Baths: 2.5
Sqft: 1,466
MLS: #6100818
Broker: RE/MAX Fine Properties
7531 E Billings Street 110 Mesa 85207
For Sale
$274,900
Bedrooms: 3
Baths: 2.5
Sqft: 1,503
MLS: #6101620
Broker: RE/MAX Excalibur
1424 W 7th Drive Mesa 85202
UCB
$245,000
Bedrooms: 3
Baths: 2
Sqft: 1,148
MLS: #6085026
Broker: Hague Partners
7531 E Billings Street 106 Mesa 85207
For Sale
$274,900
Bedrooms: 3
Baths: 2.5
Sqft: 1,503
MLS: #6101618
Broker: RE/MAX Excalibur
5808 E Brown Road 111 Mesa 85205
UCB
$229,000
Bedrooms: 3
Baths: 2.5
Sqft: 1,291
MLS: #6097362
Broker: North & Co
7750 E Broadway Road 51 Mesa 85208
For Sale
$198,000
Bedrooms: 1
Baths: 2
Sqft: 852
MLS: #6101422
Broker: HomeSmart
7531 E Billings Street 112 Mesa 85207
For Sale
$285,560
Bedrooms: 3
Baths: 2.5
Sqft: 1,503
MLS: #6101604
Broker: RE/MAX Excalibur
1350 S Greenfield Road 1174 Mesa 85206
UCB
$279,000
Bedrooms: 4
Baths: 2.5
Sqft: 1,750
MLS: #6097634
Broker: Keller Williams Realty Phoenix
1425 S Lindsay Road 13 Mesa 85204
For Sale
$265,000
Bedrooms: 2
Baths: 2.5
Sqft: 1,499
MLS: #6100963
Broker: Keller Williams Realty Sonoran Living
1718 S Longmore Street 44 Mesa 85202
UCB
$245,900
Bedrooms: 3
Baths: 2.5
Sqft: 1,522
MLS: #6098324
Broker: Dynamic Real Estate LLC
240 W Juniper Avenue 1002 Gilbert 85233
For Sale
$259,900
Bedrooms: 2
Baths: 2.5
Sqft: 1,105
MLS: #6099578
Broker: Realty Executives
119 S Lebaron Street Mesa 85210
For Sale
$272,900
Bedrooms: 2
Baths: 2
Sqft: 1,211
MLS: #6096592
Broker: United Southwest Realty
1455 S Doran -- Mesa 85204
For Sale
$225,000
Bedrooms: 3
Baths: 1.75
Sqft: 1,118
MLS: #6101518
Broker: RE/MAX Excalibur
2020 S Warren Street Mesa 85209
For Sale
$295,000
Bedrooms: 3
Baths: 2
Sqft: 1,696
MLS: #6101534
Broker: Long Realty Partners
1601 N Saba Street 273 Chandler 85225
For Sale
$219,900
Bedrooms: 2
Baths: 1.5
Sqft: 1,200
MLS: #6101491
Broker: My Home Group Real Estate
2693 E Silk Oak Drive Tempe 85281
For Sale
$159,900
Bedrooms: 2
Baths: 1
Sqft: 951
MLS: #6071413
Broker: IPS Realty
5402 E Boston Street Mesa 85205
For Sale
$195,000
Bedrooms: 2
Baths: 2
Sqft: 1,157
MLS: #6098772
Broker: West USA Realty
157 W Reeves Avenue Queen Creek 85140
For Sale
$282,500
Bedrooms: 3
Baths: 2
Sqft: 1,671
MLS: #6101384
Broker: Call Realty, Inc
1764 S 80th Place Mesa 85209
UCB
$285,000
Bedrooms: 4
Baths: 2
Sqft: 1,716
MLS: #6058542
Broker: eXp Realty
