Rich Uncles – A Known Real Estate Investment Trust
Investment in Real Estate properties has been of interest for a very long time.
With businesses booming around the world, this type of investment is becoming more and more common amongst people nowadays.
This is because these investments generate a large amount of profit in quite a short time and with less effort.
An Introduction to Real Estate Investment Trust (REIT)
Real Estate Investment Trust (REIT) are companies that own and operate commercial properties. These properties include offices, rental apartments, hotels, shopping malls, etc.
The firm merges money from numerous investors in order to purchase and operate these commercial properties. This lowers the investment cost for the investors, making it the ideal option for investors who have just entered the frenzy of real estate investments.
REIT companies are allowed to invest in local and even global commercial properties. Even though with investments in REIT involves market risk as fluctuations in price can happen, it is still less risky than investing all of your capital in a single property.
Rich Uncles is a Real Estate Investment Trust (REIT) which brings a wide range of opportunities for its clients. The firm selects the most profitable and distinctive properties for their clients to invest in.
One does not have to be a professional investor to invest with Rich Uncles. Experts at this company encourage beginner investors to explore the world of investment and benefit from the many opportunities out there.
As it is a REIT, Rich Uncles does not have to pay extra taxes if they meet certain criteria. For example, distributing about 90% of income helps the firm avoid double taxation. Rich Uncles then distributes this sum of money to its shareholders regularly.
What Makes Rich Uncle So Unique?
Rich Uncles was founded by Ray Wirta and Harold Hofer in 2015 and is based in Costa Mesa, California. The company has gained popularity quickly since then due to its high profits and extraordinary services. It is known for prioritizing client satisfaction and their services are remarkable.
The founder’s purpose of establishing company was to make real estate investment convenient and inexpensive for newbie investors.
What makes Rich Uncles stand out is that unlike other Real Estate Investment Trusts, Rich Uncles does not pay commission to any third parties such as financial planners. The company instead uses its website and the social media as a method of distribution. This saves about 10% of the cost of the REIT shares. The company attracts investors through advertisement, pamphlets, social media posts, magazine articles, etc.
Rich Uncles Review
Even though it generates high profits, investments can be a risky business at times.
There are many scammers out there who would take the capital you would like to invest and make an excuse for never returning your profit or even the capital you invested. It is highly likely that investors would get concerned about a possible Rich Uncles scam.
For this, here are some of the client reviews that are posted on the Rich Uncles website. The users are authentic as links to their Facebook and LinkedIn profiles have also been provided.
1. Michael Moller – Website Services Owner
“I’ve always wanted to invest in property. Rich Uncles made it possible for me to do just that. It is easy to get started, and the staff is very, very helpful. I had a lot of questions that were quickly answered, and my concerns put to rest. I love what Rich Uncles offers, and I will continue to invest with them as part of my diversification strategy.”
2. Grant Simon – Student
“I heard about Rich Uncles from one of my university professors and decided to give Rich Uncles a shot after doing research and understanding more about how they operate. When I called, Ross was very helpful and answered all my questions and made me feel even better about investing with Rich Uncles! Look forward to seeing my money go to work.”
3. William Gray – IT Manager / Systems Engineer
“This was easy! I have always wanted to get into real estate investing and this has made it affordable and attainable, thanks to my new rich uncles.”
A reliable Real Estate Investment Trust (REIT) is an ideal source of investment for busy people and new investors. The investment process is not complicated and the rightful profit is returned to you on a monthly or yearly basis.
As the value of the real estate increases so does your profit value.
Investing in single property is risky as in case the property closes down or suffers loss, you gain no profit. However, REITs allow you to invest in multiple properties at a time. Even if one property returns no profit, the profit from the rest of the properties will reduce the impact of this loss.