![]() If you want to cash out less than three years after buying, you can sell your shares for a small fee after 90 days. There's no administrative fee for selling shares after the first three years of ownership, but selling earlier is not guaranteed since the board of directors can amend the share repurchase program at any time. Elevate is private, so it may not experience as much volatility as REITs that can be traded like stocks.Īnother impact of Elevate not being publicly traded is that it can be more difficult-and costly-to sell back your shares if you change your mind after investing. There are also publicly-traded REITs called "listed REITs," which provide more liquidity because they can be purchased and sold on a stock exchange. REITs are a very common investment vehicle, but Elevate lets you invest in a private REIT issuing REIT I shares. This means they know how to find and evaluate properties that'll reliably produce rental income and likely appreciate in value.Īnd because Elevate handles all aspects of the transactions in-house, including buying and managing properties, investors can assess the total fees charged upfront. ![]() The founders and advisors have decades of combined experience in the real estate industry. ![]() This rent is used to pay out dividends to shareholders and provides a steady flow of income.Įlevate Money directly owns and manages all of the real estate in the portfolio. Each month, tenants of the REIT's properties pay rent. This means each investor that owns shares of the REIT has a small ownership interest in all of the properties the REIT owns. The REIT managers at Elevate find commercial properties to purchase. These are single-tenant properties with long lease terms, which reduces the risk of vacancies that can affect cash flow. When investors buy shares of the REIT, their money is pooled and used to purchase properties such as dollar stores, quick-serve restaurants, and convenience stores. How does Elevate Money work?Įlevate is a real estate investment trust (REIT). The in-house team also manages the properties to keep fees low, while the long lease terms ensure consistent, predictable monthly income for investors. Their experienced team searches for properties leased long-term to tenants with strong financial credit for five to 20 years. Elevate Money is an owner, not a lender, and therefore directly controls the management of the properties. And they can do this in just five minutes by signing up for an account, deciding how much to invest, and choosing how often to contribute.Įlevate Money differs from other platforms because the company allows investors to gain exposure to a portfolio of income-producing commercial properties. Investors can gain fractional ownership of many properties that are more likely to make money from both regular dividend payouts as well as the value appreciation of properties over time. With Elevate, investors do not need to meet the requirements to be accredited and need just $100 to start investing rather than tens of thousands. As many as 85% of Americans want to invest in real estate, but many cannot because they don't have the money to buy properties and are not eligible to invest in private real estate partnerships. Elevate Money was created to democratize real estate investing and make it easier for the average person to gain a stake in commercial properties.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |