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| Property Crowdfunding |
Statistics show that millennials comprise over 50 percent of people investing in property crowdfunding. You will likely find 18-30y year-olds making property investments, even assuming they have little disposable income.
Also, the ages between 31 and 45 years make up 25 percent, 46 and 60 years at a 12 percent investment rate, and 60+ years range in 6 percent of investors.
We discovered through recent surveys how crowdfunding is seen by young property investors who own properties. In the case study, many millennials admitted to using a deposit for a house or rainy day, and some used inheritance money more productively.
Over half of the investors interviewed were under 30. Millennials are slowly taking the reins of investing in property through crowdfunding; according to the report, the majority of shareholders are millennials.
The case studies below show that millennials are slowly breaking the labels around them on finances and savings.
Case studies
Gillian, a 25-year-old Ph.D. student, has already earned interest from her investment. Instead of using up her inheritance to live large, she decided to get into property crowdfunding.
According to her, the decision was simply to help her manage her finances better, and property investing was one. For her, crowdfunding offered a six percent return on her capital investment, with money coming in every month.
Property crowdfunding offers a unique opportunity to investors with access to properties and floor plans to choose from in terms of investing.
In her experience, she describes the investment as user-friendly and easy to understand. In addition to high returns, the investors get returns even if the property is not fully funded.
Joe at the tender age of 19 is already getting his feet wet in property crowdfunding, with an initial investment of £465. As a music student, his goal is a grand piano that costs thousands of pounds; investing in crowdfunding puts him closer to his dream.
According to him, the first returns on his first investment were encouraging, which pushed him to invest more cash in property crowdfunding.
Millennials are the most active investors in property crowdfunding. It offers many people an alternative investment and increases their property portfolio in a simple, rewarding formula.
The financial rewards in crowdfunding are highly lucrative, and in this digital era it's an easy sign-up and invest platform. If you are a digital nomad, it takes one to two minutes to spend using your debit or credit card.
Success stories
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| Success stories |
Statistics don't lie, and forecasts show that an average investment of 1,000 pounds will see investors earn a 52 percent increase in investment. For that amount, investors could gain a more than £500 increase over five years with a return of £1,521.
Wrapping up
Investing in property is risky, and the returns on your capital are sometimes not guaranteed. Crowdfunding allows small and big investors to get involved in projects.As an investor, you can spread your risks by investing in different properties through crowdfunding platforms. But before investing in any property, do your due diligence and proper research on the dos and don’ts of property investment.
Finally, consult a certified capital investor to guide you through the platform and advise you on the best investments for your capital. Property crowdfunding is an excellent option for millennials because it offers little to no paperwork and is easy to get involved.
It’s also a unique opportunity for millennials to grow their property portfolio. Remember crowdfunding is a long term investment, it’s not easy to liquidate and might take some time, but also offers short term investment opportunities or the option to sell shares.
Besides, investment is one of the most important decisions you will ever make. Therefore, it is important to consult with an expert.
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