If you’re not a billionaire, becoming a property mogul might feel out of reach. But Jeff Bezos has a way for you to get started.
Through Arrived — a company Bezos has backed — you can purchase real estate for as little as $1,000.
How to buy your slice of investment property
Arrived allows you to purchase a fractional share of a residential building.
You can invest as little as $1,000.
You can buy a small piece of a vacation rental property or single-family home through Arrived’s platform.
Investors in the company’s properties make a return through appreciation of the property’s value and rental payments on it.
Arrived says its vacation rental and single-family home investors have seen returns between 6% and 15%, although no specific return is guaranteed.
Getting started
To start investing, create a membership account on Arrived at no cost. Next, browse the properties in Arrived’s portfolio that haven’t sold out. Arrived says its properties are often taken within 24 hours of being listed.
Once you’ve entered how many shares you want to buy, link your bank account to transfer your initial investment to Arrived’s platform. After that, you’ll be set up to begin investing.
The benefits of property investment
Investing in real estate is seen by some as a safer, more stable bet than putting your money into other assets.
For example, historically, depending on the type of property, returns on real estate have exceeded the S&P 500.