Do you want to know whether Upside Avenue is a decent REIT investment?
Any company that holds and manages several properties while paying at least 90% of its taxed income to stockholders as dividends is known as a real estate investment trust (REIT).
REITs, like mutual funds, pool capital from several investors so that individuals don’t have to own, manage, or finance properties.
Upside Avenue is one such REIT that allows ordinary people to diversify their portfolios by investing in multifamily real estate.
This review will go over Upside Avenue to see if it really is the best real estate platform out there.
You’ll learn whether real estate is the right online business for you.
Upside Avenue is a course that teaches you about real estate investing.
If you’ve read my other articles on real estate investing, you’ll know there are 3 primary ways to invest:
Wholesaling, buy-and-hold, and flipping.
While each has pros and cons, there is a ton of potential for success in investing in real estate.
Real estate has created some of the largest fortunes in world history.
That being said, you should take some time to seriously think about something:
Is now the best time for YOU to get into real estate investing?
Because despite the potential upside, investing in properties or land takes a lot of capital, and is very labor intensive.
That means if you:
- Have less than 3 hours per day, OR
- Aren’t sitting on $20K+ in disposable income
This may not be the best time for you to start investing in physical real estate.
Don’t get me wrong, real estate investing can be an amazing way to protect your assets while generating cash – but there’s a time and a place for it.
But there’s good news!
All you need is a system to generate the cash (& free time) you need to be ready for real estate investing.
My preferred method of getting there is by becoming a Digital Landlord
It takes the benefits of real estate investing, but removes many of the barriers (& annoyances), like:
- Small cash flow on properties
- Having to take out debt
- Dealing with repairs and upkeep
- Dealing with tenants
The cool part is that the income is mostly recurring (AKA semi-passive).
You could make anywhere from $2,000-$10,000+ per month doing it.
You can build it as big (or small) as you feel like, without the annoyances I listed above.
If that sounds interesting, you might consider becoming a Digital Landlord.
Then, you can take the profits and start investing in physical real estate a year or two from now.
If you wanna see what Upside Avenue looks like on the inside, keep reading.
What Is Upside Avenue? What Is The Name Of Its Parent Company?
It’s possible to get access to Multi-Housing Income REIT, Inc. via Upside Avenue. This online platform specializes in buying and renovating multifamily housing in Texas and the surrounding states.
Vertical integration is one of the features that distinguishes Upside Avenue from other private real estate crowdfunding sites.
Casoro Group (their parent company) manages the REIT, sources the properties, and oversees the development and administration of the projects. With their vertically integrated model, they have more influence over how the properties function. This simplifies things while lowering costs.
Who Should Use Upside Avenue?
Upside Avenue is a great place to invest for:
- Investors that are new to real estate and want a simple method to get started without spending a lot of money
- Investors seeking passive income—as properties begin to generate income, you will receive passive income in the form of quarterly dividends
- Investors seeking a diverse real estate portfolio that includes elder living, apartment buildings, and student housing
How Does Upside Avenue Work?
1. Investors Put Money Into Upside Avenue.
People become a stakeholder in the REIT after investors deposit funds into Upside Avenue’s online platform.
2. Upside Avenue Collects Deposits And Invests Them In A Larger Fund.
Before issuing your REIT shares, Upside Avenue pools the deposits once a quarter.
3. This Fund Pays For All Investment-Related Expenses.
Casoro Group uses this fund to buy, renovate, and manage its property portfolio. The profits are then transferred to the UpsideAvenue REIT.
4. Dividends Are Paid To Shareholders.
Quarterly dividends are paid to shareholders of Upside Avenue.
You have the option of cashing out your dividends or reinvesting them in the REIT to reap the benefits of compounding. Investing in homes that have increased in value might also provide higher rewards.
Features Of Upside Avenue
Upside Avenue has the following features:
1. Complete Bankruptcy Protection
As a distinct, bankruptcy-resistant legal entity, the REIT’s assets are independent of Casoro Group and are administered by a separate administrator, making the REIT more resistant to bankruptcy. Consequently, even if Casoro Group goes bankrupt, your money is protected.
2. Diverse Portfolio Of “Recession-Resistant” Investments
UpsideAvenue has created a diversified portfolio of investment options by investing in multifamily properties across multiple markets, allowing it to generate good returns even during economic downturns.
3. Audits By A Third Party
Annually, the complete portfolio of properties is audited by a third-party appraiser. This guarantees that Upside Avenue’s quality and safety standards are met.
4. Availability Of Educational Resources
Upside Avenue offers on-demand webinars and other forms of educational opportunities. These materials can assist you in better understanding your investment and maximizing your growth potential.
5. Several Options For Funding Your Investment
You can fund your investment with Upside Avenue using various options, including tax-deferred retirement accounts such as Self-Directed IRAs and Roth IRAs.
You can also fund your investment via ACH (automated clearing house) transactions and wire transfers.
How To Begin With Upside Avenue
Signing up with UpsideAvenue is a simple process:
Step 1: Go to upsideavenue.com and click the “invest today” option.
Step 2: Enter your name and email address before entering your personal investor information. This information contains your social security number, date of birth, and address. You must also mention whether or not you are an accredited investor.
Step 3: Include your financial details, such as your account number and account type.
Step 4: Once the money has been transferred, your investment will be complete.
Step 5: You will then get an email inviting you to access the client site, where you will find investment information, tax forms, papers, and information on the properties in which Upside Avenue is currently investing.
Cost And Fees: How Much Are Annualized Asset Management Fees?
UpsideAvenue doesn’t charge any upfront fees, but it does charge several continuing costs:
- Clients pay annualized asset management costs totaling 2%.
- When properties are sold, the REIT assesses a 2% disposal fee based on the property’s worth.
- As with any real estate transaction, additional fees may be levied at the property level rather than directly to the investor.
Potential Returns For Your Investment Portfolio
In terms of overall returns, Upside Avenue expects 10- to 15%-percent yearly dividends to make up around half of that amount. As of July 2020, Upside Avenue’s quarterly dividend was 5.24%.
Investors can choose to cash out dividends or reinvest them in the REIT to generate extra income in the next quarter.
There is also the possibility of profiting from property value appreciation over time. As the value of the property you invested in rises, so will the value of your share.
Past Performance Of Upside Avenue
Since its creation in 2002, the Casoro Group has returned an average of 24.8% to its investors yearly (6.3% through dividends and 18.5% through property value increase).
The Risks Of Investing On Upside Avenue
Before deciding to invest in UpsideAvenue, keep the following in mind:
Upside Avenue’s lack of liquidity stems from the fact that it’s not a publicly listed REIT. There isn’t the same level of market volatility with a non-traded REIT.
Natural disasters and global economic cycles constantly influence the real estate market. If the area’s real estate prices fall, UpsideAvenue and its investors will lose equity, resulting in fewer rentals and lesser earnings.
Is It Safe To Buy Upside Avenue REIT Stock?
One of the most popular investments among investors is a real estate investment trust (REIT). Many of these businesses can pay high dividends because of their constant rental revenue.
However, not all REIT stocks are good bets. Many have had to reduce or discontinue dividend payments during market downturns because they lacked the financial flexibility to keep them going. Some people have gotten themselves in such dire financial situations that they struggle to survive.
As a result, before purchasing shares in a REIT, an investor must carefully assess its safety.
Are REITs Better Than Stocks?
In general, REIT investment may be less volatile than stock market investments. Both REITs and stocks may offer investors a continuous income stream. However, REITs are more focused on this feature than equities. REIT investors earn from the money produced by the commercial assets of the REIT, such as rent or lease payments. Dividends are paid to investors in exchange for these payments.
Similarly, investors benefit from their investments by receiving dividends, which are paid from a company’s earnings. However, some stocks don’t pay dividends, but REITs must provide a high yield. A minimum of 90% of a REIT’s taxable income must be dispersed as dividends.
Can You Make Money With Upside Avenue?
Yes, you can make money with real estate crowdfunding platforms like Upside Avenue.
There’s a lot that comes along with real estate that many people struggle with.
Now, don’t get the wrong idea…
It’s not impossible to make money with real estate, but if you’re gonna put in the amount of grueling work to do this business (which, trust me, isn’t easy), you might as well bring in some REAL money while you’re learning the ropes.
The program that helped skyrocket many online businesses to over $40,000+ per month is so simple that making money really does become second nature.
Is Upside Avenue Legit?
Upside Avenue’s real estate deals are legit.
But, when it comes to building a business, you have plenty of options.
And even if you’re dead set on becoming a realtor, you’ve got way better options than Upside Avenue, in my opinion.
Keep in mind, I don’t get paid to promote any of the programs I review. I personally think real estate is a great business model, but you could end up leaving way too much money on the table.
Are There Alternatives To Upside Avenue?
Yes, there are plenty of other business models to choose from if you want to pursue this making money online. Here are just a few:
Is Upside Avenue A Scam?
So, time for the $1,000,000 question – is Upside Avenue a scam?
No, not technically. You can 100% make money with this program, though it’s not nearly as simple as they make it seem.
As with most businesses, there is A LOT of work to be done upfront & no guarantee of you being successful.
Not to mention the profit margins are typically pretty small.
Don’t get me wrong, I’m a big proponent of front-loading work now, so that you can reap the rewards later.
But if I’m gonna do that, I want the rewards to be HIGH and virtually guaranteed.
I’d rather put in that same 3 months of work (in my spare time) & build a handful of Digital Rental Properties that each produce $500-$2,000 checks every single month afterward (AKA recurring income).
And the cool part is that you can do it in a lot less time than 3-months (I personally did it in my first 2 weeks of being a Digital Landlord).
Unlike physical real estate, you can do it from anywhere in the world, so it’s a genuine “laptop-lifestyle” business.
All you need is an internet connection.
Some of my friends are Digital Landlords that run their 6-figure businesses from:
- Camping trips at national parks
- Beachfront in Hawaii
- On the road in a camper van (with a pet pig!)
They focus on living an enjoyable life first, and focus on income second. All thanks to this program.
They can take weeks or months off, and money keeps rolling in.
Living happily is the top priority.
If the thought of living perpetually at your dream vacation spot interests you, being a Digital Landlord might be for you!
What Is My Top Recommendation For Making Money Online In 2022?
I’ve personally tried all of the major online business models:
- I’ve sold fidget spinners through Amazon FBA
- I’ve dropshipped a toilet bowl putting green on Shopify
- I’ve sold women’s health supplements via Clickbank affiliate marketing
And I made money with all of them, so trust me when I say: there is no “perfect” business model.
It’s worth noting that I FULLY endorse real estate investing as a way to grow wealth, and that’s why I invest my own money in commercial and residential real estate.
That being said, my #1 recommendation for making real money online as a beginner is, hands-down: being a Digital Landlord.
Whether you’re a complete newbie, or you’ve been around the block before but have never had that “big win” to propel you forward, becoming a Digital Landlord is for you.
Time: If you’ve got a spare hour or two each day, you can do this. If you want to drop everything and go all-in, you can do this. More time obviously means faster results, but even putting in a few hours per day is enough to see real success.
And because of that flexibility, you don’t need to trade your time for money. Once the income starts, it’s recurring.
That means you can take a month off, travel the country, pursue a passion project, chill on the beach, or charter a boat across the world.
But you can only do that once you’ve created an income stream that doesn’t require YOU to be there all day, every day.
Real estate investing is a FULL-TIME JOB. If you stop finding deals, your money dries up.
Ownership & Control: Unless you’re buying your properties in cash, you don’t technically own the properties – the lender does.
If you miss a single payment, the property can be taken from you.
Why pour your soul into a business that could be taken away from you at the drop of a dime?
When you’re a Digital Landlord, you literally own all of the assets, which means you have ultimate control.
Ongoing costs: With real estate, profit margins are actually pretty slim. Real wealth is made in owning the assets, and owning A LOT of them.
Being a Digital Landlord, your profit margin is nearly 100%. Watch here to learn how.
Just a reminder: these Digital Rental Properties are worth (at a minimum) $500/mo in semi-passive income. And each time you create another one, your income increases, and the effort to create the next property decreases.
Best-case scenario, you have properties bringing in over $3,000+/mo on auto-pilot.
It’s Effectively Copy-Paste: Here’s my favorite part: once you have your first Digital Rental Property up, you can literally copy-paste another version of it and find another willing “renter” in a few days. DOUBLING your income doesn’t get much easier than that…
If you wanted to double your income with real estate investing, you would need twice as many properties, or double your profit margins on each property. And I can guarantee you that’s a lot harder than a few clicks & a phone call.
Make Money Helping Real People: When you’re a Digital Landlord, you’re helping solve REAL problems that people are ASKING for help with:
Small local businesses around the world need one thing: customers. Without them, their business would fall apart. If you can provide those customers, they’re going to be really happy – and they’re going to pay you for it.
You’re helping a struggling mother or father put food on the table for their families, put their kids through college, or simply live life a little bit more comfortably.
Having this type of impact on the world is what will help you sleep soundly at night.
So, the rest is up to you. You could keep looking at other opportunities like Upside Avenue, which might make you money.
You could keep researching and researching for the next few months (or few years), never making a concrete decision.
OR, you can look deep inside, think about those dreams, hopes, & desires, and make the decision to ACTUALLY make it happen, just like it has for thousands of other students before you.
Making a fortune while actually helping real people that need it.
If this sounds like you, click here to see how it all works.