Fundrise: Real Estate Investing for the Average person

One of the passive income ideas that seems to make everyone's list is "Be a landlord" or "Get a rental property". Odds are you don't just have the money to buy a house in your sock drawer. While there are fixer-uppers available in record high numbers around the country, what if you only have around $500 but want to start earning passive income on an investment?

Fundrise may be the option you've been looking for; for just $500 dollars you can take ownership of a diversified portfolio which includes shares of 45+ properties curated by Fundrise. The beauty of this is that you get to be a landlord without any of the cleanup, building maintenance, or need to invest large sums on money.

Your $500 investment puts you into a starter account with the option to upgrade to a core plan by investing an extra $500. With last year's growth rate at almost 9.5% it's an amazing option to start earning passive income with. You receive dividends quarterly, and appreciation as the value of your shares increases.

For the small amount of money needed to get started it's easy to see why Fundrise is getting so popular. It's an amazing opportunity for those of us who don't already have a larger pool of money to invest from.