Today marks the last day to submit a nomination for HousingWire’s prestigious and first-of-its kind Women of Influence award. Each year, HousingWire’s Women of Influence award spotlights women who are cultivating a new path forward for the housing economy and paving the way for the women who follow after them. These women are recognized based on achievements within their organizations, their communities and the in the industry at-large.
HousingWire reached out to previous award winners and asked them to share any advice they would have for someone starting out in the industry. Keep reading to see the responses from some of the previous Women of Influence honorees.
“Be teachable and take every opportunity to learn as much as you can about the industry. Recognize that some lessons are taught and some are caught. Find people who will pour into you (taught) and will model for you (caught).” — Lisa J. Haynes, senior vice president, chief financial officer and diversity and inclusion officer, Mortgage Bankers Association
“Make sure you are passionate about what you do and who you are serving. You’ll accomplish all of your goals if you truly care about what you are working on.” — Hilary Saunders, Esq., co-Founder and chief broker officer at Side
“The best learning is done situationally. Put yourself in new experiences. And take the lead to get there. Ask your supervisor what you can take off their plate so you can learn by doing new things. Seek conversations with people in related but different roles or fields, to expand your ability to think creatively with new inputs.” —Liz Gehringer, president and CEO, franchise brands, Anywhere Real Estate Inc.
“Be curious with what you can achieve. Self-doubt and imposter syndrome gets the best of us, push yourself beyond that line and you will surprise yourself on what you can do.” — Dr. Jessica Lautz, deputy chief economist and vice president of research, National Association of Realtors
Join the ranks of these inspirational women and nominate a female colleague — or yourself — for the Women of Influence award, today!
From majestic views to miles of secluded trails, Salt Lake City has it all. But, with mountain weather comes the need for a great apartment gym.
Known for the type of natural beauty that goes beyond what words can describe, Salt Lake City has all of the outdoor amenities active people desire. But, what happens when the weather restricts your access to the great outdoors? Well, if you’re lucky, you retreat to one of the top 10 apartment gyms in the city.
Designed for heavy lifters, daily runners and everyone in between the apartment gyms that grace this list goes beyond the basics and provides residents with amenities that aren’t likely found at luxury home gyms or behind the doors of expensive monthly memberships.
Source: Rent. / Seven 02 Main
The fitness resources at Seven 02 Main are truly second to none in Salt Lake City. Setting the standard and topping this list, residents at this Ballpark Station gym enjoy a TRX/yoga studio, more flatscreens than they can count, a Smith machine for safe squatting and benching without a spotter and so much more.
With neon signage on the walls, racks of free weights ripe for lifting and a rowing machine, it’s a surprise that there’s room for more. That’s probably why the designer behind this beautiful fitness center decided to expand outside and added an outdoor bodyweight area with turf. Good luck finding that elsewhere.
Source: Rent. / Eagle Gate Apartments
The fitness center at Eagle Gate Apartments spans multiple rooms. With high ceilings, big windows and plenty of fans to keep the fresh air moving, this gym has it all. From barbells, to incline benches to a chest fly machine and more, there is no shortage of options when you walk through the Eagle Gate Apartments fitness center doors.
The fitness resources at this Downtown apartment don’t stop at the gym either. Eagle Gate Apartments also boasts an indoor pool and a dedicated spin and stretching room with Fitness On-Demand on the flatscreen TVs.
Source: Rent. / Meadowbrook Station
The 24-hour fitness center at Meadowbrook Station is for everyone. From the everyday treadmill joggers to the weekend weight lifters and all those in between, this well-rounded workout area provides residents with everything they need to enjoy an active lifestyle.
Beyond that, Meadowbrook Station also boasts one of the best outdoor basketball courts in Millcreek. This full-court setup provides a great opportunity for residents to get some cardio in while getting to know their neighbors. And if that wasn’t enough there’s also a playground that backs up to the court so the young ones can have fun outside without ever being out of view.
Source: Rent. / Seasons at Liberty Square
The gym at Seasons of Liberty Square has loads of light and the highest quality equipment. With plenty of free weights an adjustable bench and a multi-purpose machine with near-endless possibilities, this gym has what you need to fall in love with fitness. Not to mention the year-round hot tub, perfect for soaking away the soreness after a hard workout or a long week at work.
Located in the heart of Central City, Seasons at Liberty Square is just blocks from Liberty Park. As SLC’s second-largest public park, Liberty Park is one of the most popular outdoor running spots in all of Salt Lake City. It also boasts a large tennis center that supports leagues and other opportunities to get your cardio in.
Source: Rent. / The Vue at Sugarhouse Crossing
Treadmills, ellipticals, a super versatile multi-purpose machine, free weights and an adjustable bench are all available at The Vue at Sugarhouse Crossing fitness center. With a large flatscreen upfront and a mirrored wall off to the side, this is the perfect gym for fitness fanatics both new and old.
While cardio is the main attraction at this Sugar House apartment complex, there is more than enough equipment in-house to ensure you get a full-body workout whenever you want.
Source: Rent. / Moda Bonneville
Packed wall-to-wall with high-end exercise machinery including a rowing machine, chest fly machine, adjustable benches and an ab station, the fitness center at Moda Bonneville goes far beyond the basics. Long story short, this gym has what you need to fuel your passion for personal fitness and support your journey toward a more active life.
This well-equipped East Downtown fitness center also features a private spin room complete with wood flooring, high-end art on the walls and Fitness On-Demand on the flatscreen TV. Sounds like a good place to pedal the problems of the day away.
Source: Rent. / Eight20
Soaring ceilings, a black and white color scheme and top-tier weight-lifting equipment all combine to let you know that the gym, at Eight20 means business. As one of the better-equipped apartment gyms you’ll ever find, this iron jungle has a Smith machine, a bodyweight workout area and the most comprehensive selection of free weights your ever going to see in an apartment complex gym.
This active person’s paradise also boasts two tennis courts and is just a stone’s throw away from the pristine hiking at Mt. Olympus. Good luck finding better options for active living in Millcreek elsewhere. This is the perfect place for all heavy lifters and cardio junkies alike.
Source: Rent. / Elevate on 5th Apartments
Elevate on 5th Apartments has one of the larger apartment fitness center setups your ever going to find. With more than enough machines to accommodate the residents occupying the 239 units in this complex, waiting is seldom an issue. Boasting large multi-purpose equipment capable of facilitating bodyweight workouts and traditional lifting exercises, as well as a line of cardio machines with views of the great outdoors, this place is perfect for active people of all schools of thought.
The expansive fitness resources at this Central City apartment complex make every day feel like an adventure. Residents here also have access to a stretching and dance area with a barre and a full outdoor basketball court. Regardless of how you like to work out, there’s a place just for you at Elevate on 5th Apartments.
Source: Rent. / Ritz Classic
With a name like “Ritz Classic” expectations are high from the jump. Luckily, the fitness center at this luxury complex over-delivers, if anything. This South Lake City fitness center boasts almost as many cardio machines as the eye can see, adjustable benches to support a wide range of free weight workouts and window views from virtually the entirety of the complex.
Beyond all that, the Ritz Classic fitness center also has a separate yoga studio. This serene space is relaxing and inviting to all. Anchored by a large mirrored wall for form monitorization and adorned with a sizable flat-screen TV, this is a safe space for all to stretch out or make mindfulness a priority.
Source: Rent. / Royal Farms
Sleek and modern are the two words that come to mind when you see the beautifully designed fitness center at Royal Farms. With professional-grade ellipticals, stationary bikes and treadmills all available, there’s no excuse for not getting your heart rate going at least once a week if you’re lucky enough to call Royal Farms home. While cardio-focused, this fitness center also provides ample opportunity to get an upper body pump, as well.
Located south of Salt Lake City in Cottonwood West, this spacious complex also boasts a sand volleyball court and tennis courts. These areas act as pillars in the community and encourage Royal Farms residents to get to know each other in a more fun and active setting than an elevator run-in.
Stay in shape in Salt Lake City
With one of the most active populations in the country, it’s no mystery why many apartment complexes in SLC prioritize fitness center quality so highly. If you’re lucky enough to look for an apartment in Salt Lake City, there’s no better place for workout junkies to start their search than right here. Find you’re favorite fitness center setup and start filling out that application today.
*UPDATE THIS GIVEAWAY IS NOW CLOSED. THANK YOU TO EVERYONE WHO ENTERED!”
Well, all the paint is dry, the floors are finished and our boxes are stacked ceiling high in our new house! Even as I walk from room to room it still feels a bit like we’re squatting in some elegant yet unfurnished Airbnb. But I can’t wait to turn this house into our home. After living in what I knew would be temporary spaces for the last five years, it’s almost hard to know where to begin. This is the home I might live in for the next – well, suffice to say too many years to truly fathom.
Whenever crave making a space feel homey I head straight to the bedrooms. A bedroom should be your sanctuary – your respite from the day’s stresses. It’s your opportunity to create the physical manifestation of your distinct style – this is the place to get really personal with your design. Your design should also be centered around a good night’s sleep since we do spend one third of our lives in bed!
Now that we’re living in an actual house, we’re spoiled with a guest bedroom – and I’m actually more excited to create the ultimate respite for my future guests than I am for myself. I’ve only stayed in a couple of guest bedrooms over the years that have stuck with me – but when a room is decorated just so, has eye-catching touches and attention to detail – like the ultimate hotel-like bed, well, you remember.
So I’m setting my sights very high for our guest room. All will be revealed in due time (you’re going to have to be a touch patient for the before & afters), but I’m starting with the bed. It’s been quite some time since I got a new mattress so when Sealy offered to send me their new Cocoon by Sealy mattress I was thrilled to finally get to try the whole bed in a box idea. No spending hours testing mattresses at some showroom – it just shows up at your doorstep ready to be unpacked. Count me in.
I snapped a few pics of my unboxing experience for you – it’s seriously nuts how a mattress can fit into such a small box! – and be sure to scroll to the bottom of the post… two lucky readers will win their own Cocoon by Sealy!
The box was delivered right to my doorstep.
Our queen-sized mattress was easy to open up.
I see a future playhouse for Carter coming on!
The mattress comes vacuum sealed. You simply remove the plastic and 30 minutes later et voila – your mattress is good to go!
how badly does it look like a need a good night’s sleep in that pic! Cocoon by Sealy includes all classic mattress sizes, from a Twin to a California King and two distinct feels: Softer – a cozy, more enveloping feel; the right choice if you like sleeping in your bed and Firmer – a sturdy, more substantial feel; the right choice if you like sleeping on your bed. Since this is our guest room I went for softer because I always love a cushy mattress when I’m on vacation!
The coolest part? Cocoon by Sealy offers 100% Satisfaction guaranteed, 100 Night Trial, Free Shipping and a 10 year warranty. If you don’t like the mattress for any reason you can return it – no questions asked. You don’t even have to repack it. Sealy will arrange to pick up the mattress and donate it to a local agency.
I’m so excited to partner with Cocoon by Sealy to giveaway two mattresses to two lucky Apt34 readers. To enter, simply tell me what makes your bedroom your happy place in the comments section below.
Two (2) winners will be selected at random on Monday, April 25 at 8:00am PST. Entrants limited to the continental U.S. only. No purchase necessary to enter.
I’ve got rather grand plans up my sleeve for our guest room, but I’m glad I know I’ll have a comfy bed for our visitors to enjoy no matter where the design takes me. And we’re actually hosting our first guests this weekend so I’ll be getting a full review of the mattress. Stay tuned for updates!
image via amber interiors
This post is sponsored by Cocoon By Sealy. All thoughts and opinions are 100% my own. Thanks for supporting partnerships I’m excited about and have kept apartment 34’s doors open.
How much should you spend on a wedding? Well, that depends on who you’re asking, I suppose. As I’m sure most of you are aware, the personal finance blogosphere tends to be divided into two main camps: those that are focused on investments and entrepreneurship and those that are focused on frugality.
In my experience, however, the entrepreneurship camp is pretty live-and-let-live. The whole “cut everything you don’t care about so you can spend whatever you’d like on the things you do care about” school of thought. When you think about it, this makes sense for a few reasons.
We all have different skill sets to be utilized in our respective side hustles.
Different skills mean different pricing schemes.
We all have different work and family situations that we’re fitting said side hustles in around.
We all care about spending our money on different things, and those things cost different amounts and reflect our tastes and values.
Long story short, what this means is that sometimes it’s difficult to talk about investment and entrepreneurial issues in a way that applies to everyone.
Scenario 1: Someone who just graduated from college, hasn’t been able to find a job yet, and doesn’t have much work experience or professional contacts who is moving out of the dorms and trying to get a lease on an apartment.
Scenario 2: someone who has been in a stable job in their field for fifteen years and wants to start building up their side hustle so they can leave their nine to five and spend more time working from home now that their second child is on the way and their home is halfway paid off.
How do you give the meaningful advice to both folks at the same time? Not an easy task.
However, if I post a recipe for how to make your own laundry detergent and tell you it only takes 20 minutes to make a six-month supply, well — there’s no reason everyone can’t take advantage of that, right? As a result, frugalistas tend to be a little more “one size fits all” and, dare I say it, judgmental (in lots of blog communities, anyway, though blessedly less so at GRS).
What does all this have to do with my wedding? While my husband and I spent significantly less than the national average of $27,000, we did end up clocking in at what was — for me, anyway — a nearly heart-stopping $11,400.
However, there’s more to this type of spending than pure number-crunching; psychology and social expectations play a huge role, and those who argue that those factors shouldn’t play a part are in need of a serious reality check.
Expectations v. Reality
Contrary to stereotype, my idea of a wedding was eloping and sending out postcards to our holiday card list afterward telling people it happened. After all, we not only have school and consumer debt we’re trying to pay off (more on that in another post), but we’ve been together for six years and living together for four of those years. In my eyes, it was a formality that didn’t require a huge expense.
My fiancé, on the other hand, wanted the whole shebang: ceremony in a church (which I did manage to talk him out of — barely — by pointing out that we’re atheists) and formal reception with a hundred and fifty guests. He’d literally been dreaming of his wedding day his entire life and had never once envisioned it without all the bells and whistles. I can’t emphasize this enough; He wanted a black-tie affair and a string quartet, and that’s just for starters.
After pointing out a few salient points, like:
I hadn’t paid off over $10,000 in credit card debt just to rack it all up again, especially when my salary is only $40,000 per year.
He had just quit his extremely lucrative job at a mid-size law firm where he was well on his way to partner for a far more uncertain future starting his own firm with a friend who isn’t exactly renowned for his work ethic.
Our parents were in no position to contribute to the costs: we were completely on our own as far as paying for the wedding.
He agreed with me that there was no way we could pull off a traditional wedding and honeymoon on our own. At first we didn’t think this was going to be a big deal; after all, surely there were less-expensive packages offered by wedding vendors, right? We priced five vendors and, much to our surprise, struggled to find a single one that could provide us for a quote under $20,000. Which didn’t even include the honeymoon. Gulp. Enter compromise. But where would we even start?
However, over the course of many conversations, priorities began to emerge.
First, neither of us are huge DIY-ers, meaning we weren’t going to sit around for hours making invitations and table centerpieces from scratch. Second, having a formal event was non-negotiable; a pot-luck in the park wasn’t going to cut it. Third, the event itself could be small, as long as all our friends and family were invited. Fourth, we weren’t willing to forgo a honeymoon in favor of the ceremony. And finally, we wanted to go on a cruise for our honeymoon.
The Epiphany
Score! I don’t even know where he came across it since it’s not on the cruise company’s main page, but somewhere in the endless Google searches my husband found what ended up being our solution: having the wedding itself on the cruise ship! While it sounds deliciously decadent, shockingly it ended up our most affordable option.
Here’s a rough cost breakdown:
Ceremony and Reception: $2000 for up to 20 guests, $30/each thereafter. We ended up paying about $250 for going over the limit, so $2250 total. The reception was an open bar and included a selection of 10 appetizers.
DJ: $100. We provided the CDs with music, he was just the host.
Flowers: $100. Basic bouquets.
Bride’s apparel: $600. I bought a sample dress for $110 and had it tailored. This amount also includes my accessories.
Groom’s apparel: $200, tuxedo rental. Though pricey, a tux was one of his non-negotiables and going through the cruise company was cheaper than having to rent a tux for the entire week of the cruise.
Rings: $300 each, $600 total. My ring is white gold with CZ accent stones and his is white gold. We bought mine off a costume jewelry website and his off Amazon.
“Rehearsal” dinner: $400. There wasn’t actually a rehearsal since the boat docked the morning of the ceremony, but we took our friends and family out for deep-fried seafood the night before we set sail.
Invitations: $500. Note: This is probably the expense I regret the most. Due to a pretty significant miscommunication, we waited until the last minute humanly possible to get invitations sorted out, and we paid for it. Ugh.
Postage: $100. Note: Don’t forget to account for this expense! We had to buy 65-cent stamps for the invitations and then you have to also stamp the RSVP cards. Originally the plan was to do RSVP postcards to save a bit, but since we needed full legal names and birth dates with the RSVPs to comply with cruise ship regulations, this didn’t end up being feasible.
Wedding website: $100. This was for one year of hosting service, which is about how far in advance you want to start notifying people of a cruise wedding anyway.
Bridesmaid’s gifts: $300. I bought their jewelry for the wedding as well as took them out to a fancy brunch, since they planned the bridal shower in my state and a bachelorette party in the state where the wedding was held, despite the fact that neither of them lived in either of those states.
Favors: $150. This one was almost a fight, too, since the favors he wanted were really expensive. However, since we had fewer than 30 people attending when all was said and done, we could spring for this.
Photographs: $1000. Note: this seemed expensive to me, but apparently a professional wedding photographer usually runs $3000 or more. Our photographer was actually included in the cost of the wedding, so the $1000 is only for the prints we purchased and digital copies of those prints. He also turned them around in THREE DAYS, which is apparently unheard of in “normal” wedding photography circles. And everyone agrees that they’re stunning.
Flights, hotel, and other transportation: $1500. We live in Arizona and the cruise departed from Florida, so we would have spent this regardless. It’s also worth noting that my friends and family all are from Florida and having the wedding there was the only way a lot of them could afford to come. Additionally, we ended up having to pay the overweight luggage fees because we weren’t willing to pack light for our own wedding.
Cruise: $2200. This was a seven-day western Caribbean cruise with four ports of call. We also stayed in one of the nicest cabins on the ship — we had a living area, plenty of closet space, and a balcony.
Spending while on cruise: $1300. This included excursions like snorkeling with sting rays, zip lining in Belize, tubing through ancient Mayan caves, alcoholic beverages while on the cruise, and all gratuities.
Total: $11,400
Since the wedding actually happened while the ship was in its home port, guests could attend even if they weren’t coming on the cruise. Since they weren’t obligated to cruise with us, and most of the guests would have had to travel to us even if we’d gotten married in our home state, the wedding was no more or less a burden to attend than it would have been otherwise. And four of our friends did end up joining us on the cruise, which ended up being even more fun than a honeymoon alone!
The Aftershocks Afterglow
We managed to pay for about half of these costs prior to the wedding, and ended up with credit card balances of approximately $5000 that still need to be paid off, or about $2500 apiece (we haven’t combined finances yet). However, it’s also worth noting that I fully paid off my last remaining $2500 in credit card debt during the year prior to the wedding. On the surface my balance hasn’t changed, but this means I know I can pay off my share of wedding debt within a year, since I’ve basically done it before.
While I will admit that I started off resenting every penny and every minute of my time I spent on the experience (remember, I wanted to elope), I had an amazing time and appreciated the opportunity to reconnect with family and friends a lot more than I thought I would. And while he started off resenting that we weren’t taking advantage of every upgrade available, after everything was said and done he agreed that everyone considered every aspect of our wedding to be very classy, indeed.
What Do You Think?
Are we heroes to be commended for spending less than half the national average? Complete and total fools duped by consumerism and the wedding racket into spending way more than we should have? Have you ever had an experience with a romantic partner where initial opinions differed so radically on an issue of such significance? If so, how did you resolve it?
Inside: Learn how to invest $100 and make $1000 a day using these proven strategies. Find out the best ways to invest 100 dollars. Many from the comfort of your own home.
One of the biggest mistakes that people make with money is not investing.
You see, if you invest $100 and earn 10% interest a year, in just 12 months your investment would be worth $120!
It takes money to make money.
We all have heard that before.
Many people want to make some extra money, and that is why they are turning their attention to investments. There are a lot of ways to invest your money safely, but most importantly it should be done with a goal and for the long term.
The article will help you to invest $100 now to start making $1000 a day. Will this happen overnight? Nope. That would be some get-rich-quick scheme.
You must be willing to invest the time, resources, and money to start making $1000 a day.
If you are looking to invest $100, this guide will help provide you with the knowledge and strategies to generate a constant stream of income of $1000 a day.
Is Investing $100 To Make $1,000 A Day Possible?
There is no one-size-fits-all answer to this question, as the success of any investment depends on a number of factors. But, yes, many people have found ways to invest $100 to make $1000 a day.
There are a few strategies that investors can use to increase their chances of reaching $1,000/day. That is the part that takes commitment.
Best Ways to Invest 100 Dollars
There are a lot of different things you can invest your $100 in. You could put it into stocks, bonds, or even real estate. Those are the most effective strategies with the least amount of time commitment.
However, there are other options as well, which we will go into detail shortly.
This post may contain affiliate links, which helps us to continue providing relevant content and we receive a small commission at no cost to you. As an Amazon Associate, I earn from qualifying purchases. Please read the full disclosure here.
What should I invest $100 in right now?
Whatever route you decide to take, remember that investing is a good way to learn and make money.
Not only will you likely see an increase in your overall wealth by investing your money, but you’ll also be happier because of the positive impact it has on your life!
How to Invest $100
You can take your $100 and invest it into the stock market or a savings account. Something that immediately starts paying you to make a return.
The other way is you could use that money to buy books and courses on how to make money with any of the ideas below.
Another option would be to invest in a service that others might not have thought of. This could be something like a start-up business or an online course that teaches you how to make money through investments.
There are plenty of ideas on how to invest $100 it just depends on your short-term and long-term goals.
In fact, learning how to make money online for beginners is a hot topic!
The step-by-step guide to making money with this simple trick
If you’re looking for a step-by-step guide on how to make money with this simple trick, look no further! In this ultimate guide, we’ll cover everything you need to know about the process.
The first step is to invest $100 per month in order to get started. By doing this, you’ll be setting yourself up for a lifetime of financial security.
In order to make money with this simple trick, you’ll need to follow these simple steps:
Decide How You Plan to Make $1000 a day
Invest in Learning How to Do It
Invest your $100
Stay Persistent
Start making profits!
Will everything work out as simply as that? No, but you have to commit to a plan in order for it to happen!
Once you’ve invested in your future, it’s time to learn how to be successful and start making some serious profits!
Invest $100 Make $1000 A Day – Strategies for Success
People have different strategies for success, and the best way to succeed is by figuring out what works for you.
A strategy that might work well for one person may not be suitable or acceptable in another’s situation.
In this article, we’ll explore a few different strategies for success and how they can help you make money from home or on the job. In fact, many of them I implement to make money.
Idea #1: Savings Account
The best way to start investing is to open a savings account. For every $100 you deposit in a savings account, you will earn about a small amount of interest. This may not seem like a lot, but it can add up over time.
In reality, investing $100 into a savings account is a habit that will continue to lead to saving higher amounts of money. While you may not be able to make $1000 a day off your first 100 dollars, your efforts will multiply as your saving percentage increases.
In addition, many banks offer special promotions for new customers, such as a $500 bonus for signing up.
To get the most out of your savings account, be sure to shop around and compare rates at different banks. CIT Bank offers some of the highest interest rates available, so be sure to check them out!
Idea #2: Retirement Accounts (401k or Roth IRA)
Investing in your 401(k) is a great way to secure your financial future. Not only do you get matched contributions from your employer, but the tax benefits make it easy for employees to invest. Contributions are tax-free until retirement, so it’s a good place to put money while you’re working a side hustle or contract gig.
A solo 401(k) is a great way to take advantage of these benefits if you don’t have an employer.
In addition, investing in a Roth IRA is a smart idea as well.
Idea #3: Invest in Cryptocurrency
Cryptocurrencies are digital or virtual tokens that use cryptography to secure their transactions and control the creation of new units. Cryptocurrencies are decentralized, meaning they are not subject to government or financial institution control. Bitcoin, the first and most well-known cryptocurrency, was created in 2009.
Cryptocurrencies have experienced a wild ride over the past year! In the past five years, bitcoin prices have swung from a high of $68,000 in November 2021 to the lowest dip of $3236 in December 2018 (source). Many experts believe that crypto will be adopted widely in the future, and some predict that one Bitcoin will be worth $200,000 or more.
Investors can purchase a range of cryptocurrencies through reputable platforms such as Coinbase and Bitstamp. The most common crypto are Bitcoin, Ethereum, Litecoin, and USDC (a stablecoin pegged 1:1 with USD).
Idea #4: Invest In The Stock Exchange
Like an active trader – either as a day trader or swing trader.
When you invest in the stock market, this is a way to make money on your investments.
In fact, you can make money fast in stocks. But, you need to have a solid trading plan first.
My favorite course is Trade and Travel with Teri Ijeoma. In fact, check out my Trade and travel review and begin your journey to making $1000 a day.
Idea #5: Peer-to-Peer Lending
If you’re looking for a solid investment opportunity, peer-to-peer lending may be a good option for you.
Peer-to-peer (P2P) lending service that connects borrowers and investors. Because it’s a peer-to-peer platform, it can be more profitable for the investor.
Both Lending Club and Prosper are examples of investment platforms in this space.
Idea #6: Become an Entrepreneur
There are many options for entrepreneurs to make money. You can start a restaurant, retail store, or offer your services for a fee.
Another great way to make money is by investing in something you’re passionate about. For example, if you love cars, you could open a car detailing business. This requires some planning and dedication but can be very rewarding.
As an entrepreneur, your goal is to invest in ways that have the potential to turn over $1000 per day.
Idea # 7: Invest in Yourself
When you think about it, the best investment you can make is in yourself.
If you have 100 to invest, find what you are missing and fill it with new knowledge. Learning never stops – it’s a continuous process that will help you grow as an individual and stay ahead of the competition.
This is one area where you have the possibility to make well beyond just $1000 a day.
In fact, many of the best millionaire quotes focus on investing in yourself.
Idea #8: Invest Money in Index Funds
Outside of retirement accounts, many people overlook investing in the stock market as an individual.
Index funds have been a popular choice for investment managers for many years. They are a type of mutual fund that tracks the movements of an index, such as the S&P 500 Index. Because these types of funds follow an index, they provide diversification and typically come with lower fees than actively managed funds.
For these reasons, investors may want to consider using index funds when building their taxable investment portfolio.
Idea #9: Enroll in a Course or Certification
There are many different courses and certifications you can take to improve your skills.
This “new skill” could help you transition into a different career. A “certification” might help you get promoted in your current position, or it might allow you to begin working in a new field.
Either way, you are investing $100 or more today to make 10x your money in the future. Consider what skill can be useful in your professional or personal life and invest in a course.
Idea #10: Clear Your Debt
Paying off debt is a guaranteed return on investment.
This may seem a little backward but hear me out…
If you add an additional $100 to paying off your debt consistently, that means you are that much closer to freeing up a huge amount of debt payments to go somewhere else.
In this case, your overall debt payment can be invested in other ways and you will quickly improve your rate of return.
Idea #11: Work As A Sales Person
Commission payments are a large part of income for salespeople. In fact, US News reports that the average sales professionals earn an average salary of $73,500 in 2020.
This is a competitive field, but it can be very rewarding for those who are driven to succeed.
You probably will have to invest in a business degree to make this career field worth it.
Idea #12: Write A Book
Books are a great way to make money. They are one of the few investments that can be made with the intent to generate passive income. In other words, you put in some work at the beginning and then receive payments over an extended period of time without having to do anything else.
Writing a good book is an easy way to make money in 2023. As an independent self-publisher, if your book sells 100 copies per day at $10 each, you will make $1000 on every copy sold.
Publishing companies can help pay an advance for your work and handhold you throughout the process. You might need skills beyond writing if you want your book published at one of the larger publishing companies.
If you are serious about becoming an author, it is best to go through a publishing company and have them edit your work for you. This will ensure that your book is high quality and likely to sell more copies.
Remember: publishing a book is not cheap! It takes a lot of hard work and dedication, but if done correctly it can be an excellent way to make 1000 dollars a day or more.
Idea #13: Become a Book Nerd to Build Skills
Investing in books is a way to improve your knowledge and increase productivity. It’s impossible to become an expert in every field, but it’s possible to become one by reading about them. Books can change the way you view life and give you fresh perspectives on how to handle finances, as well as other aspects of life.
An investment of $100 in 2023 would yield $1000 or more depending on the non-fiction niche books you choose.
So, what are you waiting for? Start reading!
Idea #14: Online Flipper
So you want to flip 100 bucks to 1000? Well, it’s not as hard as you might think. In fact, with a little bit of effort and some basic knowledge, you can turn that hundred into a thousand in no time at all! Here are a few tips to help get you started:
Find something to flip. This could be anything from furniture to clothes to electronics. Keep an eye out for items at local retailers that are on sale and look like they could be resold for more online.
Know your market. What is the average price for the item you’re looking to sell? Knowing this information ahead of time will help make sure that you don’t sell your product for too little (or worse, too much).
Have the proper tools ready before starting your flipping business. This includes having a good camera or phone with which to take pictures of your products, a computer or laptop with which to list them online, and PayPal or another payment processing system set up and ready to go.
Be prepared for some work! Flipping isn’t always easy–you may have to spend time researching what items are selling for how much online, traveling long distances to find good deals or dealing with frustrating customers.
A great way to get started is to learn more from the Flea Market Flippers! They are very successful and teach others how to flip items
If you’re willing to put in the effort, flipping can be a great way to make some extra money on the side.
Idea #15: Invest in Real Estate
There are a number of great reasons to invest in real estate in 2023. In fact, real estate is one of the best investments for making money.
To start investing today, set aside a few hundred dollars each month and invest in real estate over time. This will help you build your wealth slowly and steadily.
Ways to Invest in Real Estate:
Rental Properties: Investing in rental properties can prove profitable with monthly renters and appreciation from rental income or capital gains as a property is worth increasing over time. However, rental properties require more upfront money and more work to maintain than other types of real estate investments.
Flip Houses: Another option is buying properties at low prices, fixing them, and selling them for a quicker profit.
REITs: Real estate investment trusts are a great way to access real estate much like mutual funds. These are highly regulated. However, learn about the best paying jobs in REITs.
Crowdfunded Options: Crowdfunded real estate can be accessed by anyone with a little bit of money – you don’t need to be a millionaire to get started! The returns tend to be more significant than the stock market so it’s a good choice for beginners. Plus, EquityMultiple lets you invest in real estate without worrying about managing a property yourself. It’s possible to make $1000 per day through EquityMultiple, depending on the time frame and market conditions.
Between crowdfunded real estate, rental properties, and REITs – there are plenty of options to choose from when it comes to investment vehicles. Each has its own unique advantages and disadvantages, so it’s important to do your research before settling on an option.
Overall, though, investing in real estate is a great way to grow your wealth and secure your financial future!
Idea #16: Get a New High Paying Job
There are many high paying jobs in the world, but the skill necessary to get one of those jobs is managing people. People who manage other people are able to get paid more because their skills are rare and in high demand.
Management positions are typically the highest paying, but there are also many other responsibilities as well. other lucrative options to consider.
This will help you find more money to invest on a regular basis and start making more money each day.
Idea #17: Affiliate Marketing / Influencer
Affiliate marketing is a great way to make money online. In fact, many affiliate marketers earn six figures or more per year. So what is it?
Affiliate marketing is the practice of advertising a company in exchange for payment. Affiliate marketers work with blogs to post about products and services, which makes them eligible for receiving payment when someone clicks on the link and purchases something from the company they’re advertising for.
It’s not likely that you’ll make this kind of money right away, but as your influence grows, you can certainly make some good cash through affiliate marketing programs.
The costs associated with getting started are relatively low–you can probably get started for less than $100–and it takes about the same amount of time to build up your blog’s audience and reader base from scratch. So if you’re looking for a solid way to generate some extra income online, give affiliate marketing a try!
Idea #18: Start Your Own Blog
With just $100, you can start your own blog and make money.
Blogging is a great way to make money and requires little in the way of cash or startup costs. In fact, many bloggers start their sites for free and then upgrade to more expensive hosting plans as their blogs grow in popularity. The cost of starting a blog is minimal and you’ll need to find your topic to write about first, but it’s possible over the course of years.
There are many different types of blogs that can be started with their own benefits – from personal finance advice to cooking tips – so finding the right one for you is essential.
To monetize your blog, consider offering services or digital products to consumers interested in what you have to say on the topic of your blog’s content. For example, if you’re a great cook, you could start a cooking blog and sell recipes through an online store; or if you’re an expert on personal finance, you could create e-courses teaching people how to save money and invest for their future.
Blogging is a long game; SEO traffic requires patience, but the payoff will be worth it in time. It can take anywhere from 6 months to over 18 months for bloggers to start seeing results. However, those who stick with it and reinvest their profits back into their sites can make $1,000/day from their blogs.
So what are you waiting for? Start blogging today!
Idea #19: Charity
Philanthropy is an excellent investment, so donating to charity is a wise choice.
Not only do you help others in need, but you may also be rewarded with tax breaks or other benefits.
Additionally, many charity works are good investments because of the promise of reward. For example, building a well in a developing country can provide access to clean water for years to come.
Look for ways to give where your donation can be matched.
Idea #20: Save For College
You can invest $100 and make $1000 a day by saving it.
One way to save for college is to invest in a 529 plan. A 529 plan allows you to save money for college tax-free. In addition, many states offer tax deductions or credits for contributions made to a 529 plan. Another benefit of a 529 plan is that the money invested grows tax-deferred. This means that you don’t pay taxes on the earnings from your investments until you withdraw them from the account.
Many parents find it difficult to save for college because they face high tuition costs and other expenses associated with sending their children to school. However, if they start early and contribute small amounts on a regular basis, they can accumulate enough savings overtime to cover most or all of their child’s education costs.
Idea #21: Use Gig Economy Apps to Earn Money Fast
Now, it’s easier than ever to find work. There are a number of apps and websites that can help you find short-term or long-term work. These include apps like:
These apps provide a new way for people to make money when they’re not working traditional jobs.
How can I invest $100 and make money everyday?
There are a variety of different ways that you can invest your money in order to make a profit.
The most hands off approach for many is investing in index funds. As a buy and hold strategy, you are likely to earn 6-8% plus on your investment.
As you hold onto the index fund for the long term, you are able to participate in any upside should the stock prices go up.
Invest $100 to Make $1000 a day is possible!
It’s true–you can make a lot of money by investing just a small amount at first. For example, if you invest $100, you could earn up to $1000 in profits! This is possible by following the strategies outlined in this article.
When you need to know how to make 2000 fast, this is how you do it!
Of course, it’s important to remember that investing isn’t limited to those who have a lot of money. In fact, anyone can benefit from this type of activity financially and make more money in the process.
So don’t be discouraged if you don’t have much saved up already. You can start by investing $100 into the stock market and then reinvesting your profits as soon as possible, in order to grow that initial investment. And who knows? With a little bit of hard work and patience, you could be making thousands of dollars per day before you know it!
This is how you can double $10k quickly.
Don’t delay in investing. You have to start at one point to start making money.
Then your next goal will be how to turn 10k into 100k.
Know someone else that needs this, too? Then, please share!!
How can you know what you want Till you get what you want And you see if you like it? — Steven Sondheim, Into the Woods
We had some good friends over for dinner the other night. While we waited for the roast to finish, Wayne and I took the air on the back porch. We talked about work. I told him that this is a slow time of year at the box factory.
“Yeah,” he said. “It’s slow for us at the dealership, too. The last three weeks have been awful.” Wayne works for a local car dealership. He recently moved from sales to finance. He’s the hardest worker I know, often putting in six ten-hour (or twelve-hour!) days in a single week.
We sat silent for a few moments. Wayne took a draw on his cigarette. I sipped my wine. At last he said, “You know, I don’t hate my job, but I don’t love it either. It’s just not what I want to be doing. It’s not my life, you know?”
“What do you want to be doing?” I asked.
“I don’t know,” he said. “I’d really like to open a cigar shop or a wine bar or something like that.”
“Do it,” I said.
“I can’t,” he said. “My family wouldn’t approve.” His extended family is very religious, and they frown upon smoking and drinking. “I’ve also thought about starting a winery, or at least going to work for one.”
“That seems like a good fit,” I said. “You like wine. You know a lot about it. You’re excellent with people. But…”
“But my family wouldn’t like that, either. The thing is, I make good money at the dealership. I like my boss. It’s a good job. But it’s not meaningful. I feel unfulfilled.”
We shivered in the cold November air. We looked at the stars. “It’s strange,” I said at last. “It seems that a lot of people reach their mid- to late-thirties and need a career change. They want to do something different. Or they wake up one day and realize that they have a certain skillset, maybe from a hobby or something, and that they could make money doing something they loved.”
“That’s kind of what you’re doing, right?” asked Wayne.
“Kind of,” I said. “I’ve always loved to write. On a whim I started to write about personal finance. I was surprised to discover I was good at it, that I could help people.”
“Do you like it?” he asked.
“I love it. I feel called to it. It’s what I want to do. I’m not giving up my day job yet, though my day job is unfulfilling, too. I don’t like my work at the box factory. But that job gives me unexpected benefits, like the time to spend writing. That job also pays the bills while I find my way with this.”
Wayne lit another cigarette while I told him about my friend P., who wants to start a bike-fitting business. “I think the key is to find something you love and to do it,” I said.
“But how can you know what you would love to do?” he asked. “How can you find that?”
“That’s a good question,” I said. “I don’t have a good answer. If you had told me a year ago that my vocation was to write a personal finance web site, I would have laughed. The idea would have seemed absurd. I think the key is to be open to new ideas. To be in a state of readiness. You want to be receptive to even the oddest thing that might come your way.”
Wayne nodded.
“You want to be able to recognize an opportunity when it appears,” I said.
“Yeah,” said Wayne. Just then, Kris called us inside to dinner.
Wayne and I never did finish our conversation. In a way, it feels like the continuation of a discussion I had last week with my friend AJ. She, too, is in her mid-thirties, and at a place in her life where she’s not sure which direction to go.
“I just don’t know what I want to be when I grow up,” she told me.
A key component of any financial plan includes securing and protecting your credit scores by minimizing the threat of identity theft. It can often take dozens or hundreds of hours to clean up your credit after your identity has been stolen. However, the real financial threat is much greater. Take an example of a mortgage refinance.
Let’s say your credit has been badly damaged by identity theft and during the process of cleaning up the mess, mortgage rates move to historic lows (much like we’ve seen during the first quarter of 2010).
However, you can’t refinance to the lower rate because of your damaged credit. In this scenario, you could lose tens of thousands of dollars in the missed opportunity to lower your mortgage rate.
The vast majority of identity theft still happens the old-fashioned way:
People You Know
Theft of a Wallet or Purse
Mail Theft and Dumpster Divers
People You Know
Unfortunately, victims of identity theft are most likely to have their identity stolen by somebody that they know. Roommates are the most common culprits. Roommates often will not have a personal connection to you and will not have any compunction about stealing your identity. While they live with you they have access to your mail, will learn where you keep personal documents, and may even have access to a wallet or purse you might accidentally leave out.
However, even homeowners are not immune to identity theft from people they know, including children, grandchildren, and friends of children and grandchildren. These family members do not start off intending to hurt you, but if they get into drugs, start hanging out with bad friends, or get into other trouble they often times will try to get money the easiest possible way; from you.
Keep Your Info Private
Whether you live with roommates, or if you have teenage or adult children or grandchildren staying with you, invest in a locking file cabinet and a safe. Even if you trust your children or grandchildren, you can’t always trust their friends. Any documents that have your Social Security number on them should go in your safe. Other critical papers like passports and birth certificates should also go in the safe. Use the safe to store credit cards you don’t often use. Finally, if you have written down any pin numbers or passwords, these should go in your safe. Documents with account numbers (bank statements and brokerage statements) can go into your locking file cabinet. Account numbers by themselves are not enough to steal you identity so these documents can have a slightly lower level of protection.
Theft of a Wallet or Purse
This is harder to control since most often these types of thefts happen when you inadvertently leave your purse somewhere, or when a professional criminal lifts the contents out of your purse or lifts your wallet in a crowded area. The main vulnerability in these situations is that the criminal has your ID and most likely your credit cards. Precious hours can pass before you realize that your purse or wallet is missing. During these times, sophisticated criminals will have already stolen hundreds or thousands of dollars on your credit cards. The long term vulnerability is the possibility that the criminal will use your ID and credit cards to apply for other credit cards. However, this will be difficult if they don’t have your Social Security number (however, they will have your date of birth from your ID).
Simple to Ways to Protect Yourself
Never carry your Social Security card in your wallet or purse. Always leave it at home in your safe.
Make sure your Social Security number is not on your driver’s license or other ID.
Also, never carry more than one or two credit cards with you. If you have more than two credit cards, leave the rest at home in your safe. That way, if your wallet or purse is stolen, when you call and cancel the stolen credit cards you still have other credit cards in your safe that you can use.
Once you realize your wallet has been stolen, immediately call and cancel the stolen credit cards.
Next, call the police and file a report. Do this before you even get home if you can. As soon as you get home, notify the three credit bureaus (Equifax, Experian, and Transunion) that your wallet has been stolen and give them the information from the police report. This will enable them to add a 90 day freeze to your credit. You can extend this freeze later, but the main thing is you want to do is contain any damage that may happen on the day of the theft.
Mail Theft and Dumpster Divers
Many homeowners have a standard unlocked style mailbox in front of their home. These mailboxes make it easy for criminals to steal your mail. The main things criminals are looking for are boxes of checks being mailed to you from your bank, prescription medications, and credit cards mailed to you. Checks are the biggest vulnerability since criminals can start using these right away. Criminals who steal mail usually have the ability to make a passable fake ID to use when they try to use your checks.
Less common are criminals who go through your trash to find valuable information since going through your trash is pretty distasteful, even for identity criminals. Most criminals will only go through your trash if they already have other information about you.
Protection From Identity Theft
If you currently have an unlocked mailbox in front of your home, replace it with a locking mailbox. It is best to look for a mailbox with a capacity to take small packages like boxes of checks and prescription medication. Next, invest in a heavy duty cross-cut type shredder. I recommend shredding any credit card offers you get in the mail before throwing them in the trash. Basically, anything you get in the mail that has a form you can fill out to apply for something, shred it before throwing it away.
Check your credit regularly
Federal law requires that the three credit bureaus provide you one free credit report every year. The website the credit bureaus have created to meet the requirements of the law is www.annualcreditreport.com. I recommend checking your credit there each year. There are lots of advertisements for companies supposedly offering free credit reports but most of these are misleading and require you to sign up for some service before they give you your credit report. Stay away from these offers and keep with the government required service at www.annualcreditreport.com.
I also recommend signing up for a credit monitoring service. These services charge every month (usually between $10 and $15 per month). Sign up for these services directly with one of the credit bureaus. Credit monitoring services will notify you by e-mail whenever somebody has made a credit inquiry, or whenever a new account is opened. Also, they will e-mail you every month with a status report, even if there has been no activity.
Taking these simple steps will help safeguard your good name and will protect the things you have worked so hard for! Make sure to protect my ID.
Matt Prestwich is a freelance writer and an expert on identity theft. You can find more of Matt’s writing on his Fightclub Blog. Matt is not endorsed or affiliated with LPL Financial.
SAN FRANCISCO–(BUSINESS WIRE)–Ellis George Cipollone O’Brien Annaguey LLP, Ben Crump, Willie L. Brown Jr. state that May 17, 2023 marks the sixty-ninth anniversary of the landmark decision of the United States Supreme Court in Brown v. Board of Education, which did away with the doctrine of “separate but equal” in public education. However, in the nearly seven decades since that decision, through documented redlining, predatory lending practices, and blatant discrimination, many urban neighborhoods remain largely unchanged in their racial demographics. Banks and other financial institutions have refused to lend to certain minorities in specific areas, thus keeping the attainment of home ownership out of their grasp and further undermining minorities pursuit of the American dream. Record low-interest rates at the start of the COVID-19 pandemic were thought to have presented a unique opportunity for these minorities to achieve new home ownership and secure their existing homes for the next generation, but an ongoing lawsuit against the country’s largest mortgage lender, Wells Fargo Bank, alleges the opposite occurred.
The consolidated complaint filed before federal Judge James Donato in the Northern District of California Court alleges “that Black and other minority applicants had their applications intentionally and disproportionately denied, faced unjustified delays in the processing of their applications, and were given less favorable terms, which resulted in Wells Fargo systematically engaging in a new form of redlining that harmed Plaintiffs based on their race and ethnicity,” according to Dennis S. Ellis of Ellis George Cipollone O’Brien Annaguey LLP (EGC), who was appointed by Judge Donato to lead the suit against Wells Fargo and estimates that these practices could have affected as many as 750,000 individuals.
The suit further alleges that at a time when millions of white Americans were able to take advantage of historically low-interest rates for home loans, Wells Fargo approved just 47% of refinance applications by Black homeowners, 53% for Hispanic and/or Latino refinance applicants, and 67% of Asian-American refinance applicants, compared with 71%, 79%, and 85% respectively for these same ethnic groups across all other lenders.
Aaron Braxton, a Los Angeles homeowner, was one of the first to file a complaint in 2020, alleging that Wells Fargo systematically discriminated against him and potentially thousands of other Black homeowners in its evaluation of refinancing applications. Danville resident Dr. Gia Gray also serves as a representative plaintiff in the class action, claiming that despite her 800 FICO Wells Fargo denied her request to refinance properties in Stockton, California and Chicago, Illinois, historically diverse neighborhoods that Wells Fargo characterized as “high risk.”
“Systematic racial discrimination in home ownership and financing is one of the most significant causes for the stark differences in generational wealth between Black Americans and others,” stated well-known civil rights attorney Ben Crump, who serves as co-counsel on the matter. “That Wells Fargo would continue to exhibit this kind of behavior in the 21st century is unconscionable. This case is about justice, not only for the named plaintiffs in this case but for every Black applicant or homeowner who was turned away by Wells Fargo because of the color of their skin.”
Wells Fargo, headquartered in San Francisco at 420 Montgomery Street, is no stranger to allegations regarding its lending practices, including discrimination. Late last year, the Consumer Financial Protection Bureau (CFPB) ordered Wells Fargo to pay more than $2 billion in redress to consumers and a $1.7 billion civil penalty for legal violations across several of its largest product lines. The CFPB concluded that the bank’s illegal conduct led to billions of dollars in financial harm to its customers and, for thousands of customers, the loss of their vehicles and homes.
In 2012, Wells Fargo agreed to pay $184 million to settle claims with the U.S. Department of Justice that the bank pushed Black and Hispanic homeowners to obtain subprime mortgages and then charged them higher fees and interest rates.
In 2015, the City of Oakland sued Wells Fargo over its racially discriminatory banking practices, and the current Oakland City Attorney, Barbara J. Parker, remains concerned about Wells Fargo’s ongoing practices. “It is outrageous, but sadly not surprising, that Wells Fargo continues to engage in predatory and racially discriminatory lending practices in 2023,” said Parker. “Home ownership is a fundamental tool to redress this nation’s legacy of slavery and the federal government’s history of racially discriminatory housing laws, practices, and policies. I and the City of Oakland stand united with the plaintiffs and applaud them and their attorneys for holding Wells Fargo’s feet to the fire to stop this unconscionable behavior.”
Former San Francisco Mayor Willie L. Brown, Jr., who was once a victim of housing discrimination, will join Ben Crump at the press conference to his voice in support of the action. Brown Jr. states, “In 1961, as a young lawyer, I led a sit-in to protest housing discrimination in San Francisco and met a young Dianne Feinstein who had brought her daughter in a stroller to my demonstration. Being from the totally segregated Mineola, Texas, I was angered but not surprised to find that housing discrimination existed in San Francisco. Now some 62 years later and exactly 69 years since Brown vs The Board of Education, I again find myself angered but not surprised at Wells Fargo’s blatantly discriminatory lending policies pertaining to qualified minorities still exist.”
The May 17, 2023, 11:30 AM PT PRESS CONFERENCE LIVE STREAM can be viewed HERE.
WHAT: Press Conference supporting court action alleging that Wells Fargo systematically discriminated against minorities in home loan lending practices.
WHO: Attorney Trent Copeland of Ellis George Cipollone O’Brien Annaguey LLP, legendary civil rights attorney Benjamin Crump and former San Francisco Mayor Willie L. Brown Jr.
This post may contain affiliate links, which helps us to continue providing relevant content and we receive a small commission at no cost to you. As an Amazon Associate, I earn from qualifying purchases. Please read the full disclosure here.
As the old saying goes, “In real estate, location is everything.”
You may not know much about REITs, but you might want to consider one of them as a career. They’re great for people who like real estate, enjoy making money, and need consistent work hours.
Real estate investment trusts (REITs) are companies that were formed to make it easier for individuals to invest in real estate.
Want to know what the top paying jobs in Real Estate Investment Trusts are in 2022?
Well, take a look at this list of 25 best paying jobs for real estate investment trusts and see if you can find one that sounds perfect for you. In addition, each job features information about how much each job pays, what you can expect on the job, any job training needed, and other fun facts!
If you are looking for your next career, this article will give you plenty to think about as well as potential opportunities that may be available to you.
What are real estate investment trusts?
Real estate investment trusts, or REITs, have become an increasingly popular way for investors to get involved in the real estate market. REITs allow people to invest in large-scale real estate projects without having to purchase and manage the properties themselves.
In addition, REITs offer shareholders a wide range of benefits, making them a great choice for those looking to invest in this growing market.
How do real estate investment trusts work?
A REIT is a type of company that owns and operates various types of real estate, and because they are exempt from corporation tax on profits generated through rental income and the sale of rental properties; They are a very attractive option for high-earners.
They pile investors’ money together and invest in various commercial real estate, which increases returns over time. In addition, REITs are generally owned by the general public, and they invest in real estate assets.
Lastly, they make a profit through investments or leasing; a return on investment is typically received as a dividend. Real estate investment trusts are similar to mutual funds in that they hold investments, distribute dividends, and pay taxes.
Is a real estate investment career good?
Real estate investment companies are a great place to start a career in real estate.
Real estate investment trusts (REITs) are one of the most productive industries today. They provide steady and consistent growth, as well as good job opportunities with high salaries. Careers in real estate that can lead to better-paying jobs include appraisers and investment bankers.
Best paying jobs in real estate investment trusts
The market for REITs has grown rapidly in recent years, with the total value of REITs reaching almost $3.5 trillion by the end of 2021 (source).
There are many different jobs in the real estate investment trust industry that come with a variety of salaries. The best paying jobs are reserved for the C-level executives:
Chief Executive Officer: The CEO is the highest-ranking executive officer in a company and is responsible for making major decisions that affect the business. CEOs in the REIT industry earn an average salary of $468,000 per year.
Chief Financial Officer: The CFO is responsible for financial planning and reporting, as well as managing relationships with banks and other lenders. CFOs in the REIT industry earn an average salary of $341,000 per year.
Chief Operating Officer: The COO is responsible for overseeing all day-to-day operations of a company. COOs in the REIT industry earn an average salary of $325,000 per year.
Followed by the attorney, which is one of the highest-paying professionals in real estate investment trusts.
Now, we are going to list the most lucrative jobs in REITs. Then, you can decide… is real estate investment trusts a good career path for me.
The higher paid jobs will come with more education needed and years of experience.
1. Real Estate Attorney Jobs
Real estate attorneys are in high demand for their knowledge of transactional law and contractual issues. They work on a variety of deals involving the purchase, sale, or leasing of real estate. As such, they provide critical legal support to the real estate investment trust (REIT) industry.
Real estate attorneys license in their state to practice law. They can prepare contracts, advise clients on purchases and investments, review documents, represent mortgage lenders at closing, or simply provide legal counsel without the requirement of an attorney’s license.
Consequently, real estate attorney jobs are an excellent opportunity for those looking to work in the REIT industry.
Real Estate Attorney: well over 6 figures (average)
2. Real Estate Developer
Real estate developers are typically involved in the design, construction, and marketing of properties. They are also involved in land assembly and subdivision, zoning regulation, and the establishment of building codes.
Builders are involved in all aspects of the development process, from acquiring land to constructing buildings. Promoters are responsible for finding investors and marketing completed projects. In both cases, real estate developers may work either on their own or with a team of partners.
A developer obtains land and constructs assets for sale, while also selling them off when they become old enough to be sold again.
Real Estate Developer Salary: over 6 figures (average)
3. Director of Real Estate and Facilities
The Director of Real Estate and Facilities is responsible for a variety of tasks within the department. These tasks include, but are not limited to, the following:
Acquiring new properties
Negotiating leases
Overseeing property management
Maintaining the company’s physical infrastructure
Developing and implementing strategic plans
A director of real estate and facilities is a key role in any company that deals with real estate investment trusts (REITs). Therefore, this position often leads to advancement opportunities, making it an excellent career choice for those interested in this growing field.
Director of Real Estate and Facilities Salary: $130,000 a year (average)
4. Director of Acquisition
Directors of acquisitions in real estate investment trusts are responsible for finding new properties to invest in for the company.
Typically, they work with their analysts to conduct due diligence on potential investments and analyze the risks and rewards involved in order to provide a recommendation to their superiors.
The acquisition team is responsible for finding investment opportunities for the company, which can be traditional real estate assets or creative ideas that can become a business. They are constantly on the lookout for new and innovative opportunities that can help bolster the company’s growth.
Director of Acquisition Salary: $125,000 a year (average)
5. Real Estate Agent
As a licensed real estate agent, you would help clients buy, sell, and rent properties. In order to become a real estate agent, you must pass an exam that covers topics such as contracts, ethics, and state laws. You would be responsible for understanding the real estate market and helping your clients make informed decisions about their property transactions.
In the case of REITs, you must be a commercial real estate agent who are in charge of dealing with important financial data. They need to know about the internal rates of return, gross rent multipliers, and capitalization rates in order to do their job effectively. In order to become a commercial real estate agent, you will need some background in business and finance. This knowledge will help you understand your client’s needs and better serve them.
Unlike most professions, the more business deals you close as a real estate agent, the better your pay is. Furthermore, many agents work on commission-based pay, so it’s important to be knowledgeable about the market and have a strong sales skill set.
Agents who are successful can make much more than this amount; however, those who are just starting out may make less until they gain experience and build a client base.
Real Estate Agent Yearly Commission: $100,000 a year (average)
6. Investor Relations Manager
An Investor Relations Manager is responsible for managing the relationship between a company and its investors. They must be able to quickly understand complex financial information and communicate it in a clear and concise way. Additionally, they are responsible for communicating the company’s financial performance and strategy to investors.
They are also responsible for updating quarterly reports on the investor’s online dashboard. This can be a high-stress job because you must keep your investors happy especially during a market downtrend.
Investor Relations Manager Salary: $100,000 a year (average)
7. Project Manager
Project managers are responsible for ensuring that a project is completed on time and within budget.
They work in teams to make sure that all aspects of the project are completed. Thus, they must have strong organizational skills. They also typically have experience in leading and coordinating teams.
This is a highly lucrative job for those building new assets for a REIT. The highest-paid 10 percent earned more than $187,000, while the lowest-paid 10 percent earned less than $59,000.
Project Manager Salary: $90,000 a year (average)
8. Accounting Manager
They do this by preparing financial statements, maintaining accounting records, and overseeing the work of accountants and bookkeepers. In order to qualify for this position, you will need at least a bachelor’s degree in accounting or a related field, as well as several years of experience in accounting or bookkeeping.
However, with experience and expertise in the field, it is possible to earn much more than that. Those who work for real estate investment trusts (REITs) can expect to make even more money.
Accounting Manager Salary: $90,000 a year (average)
9. Asset Managers
Asset Management is a process that oversees the operational and financial work of a portfolio of assets. This includes tasks such as budgeting, forecasting, reporting, and analyzing data to make sure the asset is performing well.
As they are responsible for managing the portfolio assets in the real estate investment trust (REIT), they must expect a higher stress job. In addition, their job entails working with other departments in the company, such as accounting, acquisitions, development, and finance.
Asset Managers Salary: $89,000 a year (average)
10. Construction Supervisor
A construction supervisor oversees all aspects of a construction project, ensuring that it is completed on time, within budget, and to the required standard. This position requires a great deal of experience and knowledge in the field, as well as strong leadership skills.
They make sure that everything runs smoothly! Speficially, all the necessary equipment, materials, and supplies are ordered and on-site when they are needed. They also check the quality of the work as it is being done; making sure projects are constructed in accordance with contract documents, standards, codes, and policy.
In order to become a construction supervisor, you need only a high school diploma or GED. However, five years of experience in yard operations or equivalent education and experience is preferred.
Construction Supervisor Salary: $89,000 a year (average)
11. Investment Due Diligence Analyst
An investment due diligence analyst is responsible for conducting an extensive analysis of potential investments for a real estate investment trust. They work with the team to identify opportunities, underwrite deals, and make recommendations. The role is essential in helping the team make sound investment decisions that will benefit the company in the long run.
This job is a key player in the real estate investment trust (REIT) industry.
To be successful in this role, you’ll need experience with REITs or a national brokerage, as well as excellent quantitative skills including the ability to build real estate valuation models and distribution waterfalls.
Investment Due Diligence Analyst Salary: $80,000 a year (average)
12. Financial Analyst
The most common role of a financial analyst is assessing a company’s current and future financial health, which may include issuing stock recommendations, forecasting earnings, and providing risk analysis. Financial analysts may also work with investment bankers to identify new investment opportunities.
However, salaries can vary significantly depending on the size of the company, the city in which you work, and your level of experience.
Financial Analyst Salary: $80,000 a year (average)
13. Business Acquisition Analyst
An acquisitions analyst is responsible for reviewing potential investments and determining the risks and rewards associated with commercial property.
The analysis will include both macro-level information, such as the political and economic environment, as well as more fine-tuned data that is specific to the investment itself.
Many in this role have found a business degree to be well worth the cost.
Director of Acquisition Salary: $78,000 a year (average)
14. Commercial Property Manager
Property management is a growing field, as the demand for individuals who can manage both residential and commercial properties increases. The goal of property managers is to ensure assets are kept in good condition and are appealing to owners and tenants alike.
Real estate investment managers have a very important job, as they are responsible for meeting the needs of property owners, tenants, and investors.
Primarily, they oversee maintenance and repairs, collect rent, screen tenants and enforce lease agreements. They also may negotiate leases, recommend improvements to the property, and coordinate with contractors.
Commercial Property Manager Salary: $75,000 a year (average)
15. Real Estate Photography
Real Estate photography is a specialized field within the photography industry. As such, many photographers start their own businesses in this area.
In order to be successful, it’s important to have strong marketing and business skills. Your portfolio should showcase your best work and be tailored to the types of properties you will be photographing. Additionally, you may choose to offer additional services such as virtual tours or video production.
A real estate photographer would work closely with the marketing team.
Real Estate Photographer: $70,000 a year (average)
16. Marketing Coordinator
Marketing coordinators are responsible for developing and executing marketing campaigns.
They work with the advertising department to come up with ideas. Then, working with the rest of the company to make sure that those campaigns are executed properly. They create all marketing materials, track campaign results, liaise with outside vendors, and organize events.
Given the regulations around REITs, it is highly important that the marketing communications follow the investment directives from the SEC.
Marketing Coordinator Salary: $67,000 a year (average)
17. Maintenance Supervisor
A maintenance Supervisor is a position that requires managing and overseeing the work of others. Thus, ensuring work is completed in a timely, efficient and safe manner.
They are responsible for making sure all company policies and procedures are followed, as well as any legal requirements or safety regulations. Additionally, they manage budgets and expenses, as well as staff.
The ideal candidate will have experience in the property management or construction industries, as well as supervisory experience. A degree in engineering, architecture, or a related field may be beneficial.
Maintenance Supervisor Salary: $65,000 a year (average)
18. Property Appraiser
Appraisers are typically called in when there is a need to settle a dispute about the value of a piece of property, or when someone is buying or selling a home and needs to know how much it is worth.
Most states require that you be licensed in order to practice as an appraiser. The job outlook for appraisers is good; the Bureau of Labor Statistics predicts that employment will grow by 4% from 2020-2030 (source).
Property Appraiser Salary: $60,000 a year (average)
19. Leasing Consultants
Leasing consultants are responsible for meeting and greeting clients, touring potential tenants through a property, and helping them decide whether or not to lease it. They must be knowledgeable about the property they are showing, as well as about the local rental market.
Consequential, this is a good job for someone who is able to close deals, so being persuasive is important.
They should also be outgoing and comfortable working with people from all walks of life. A high level of professionalism is essential, as is attention to detail. Leasing consultants typically earn commissions based on the number of leases they sign, making this a commission-based job.
Leasing Consultant Salary: $50,000 a year (average)
20. Commerical Real Estate Intern
Commercial real estate internships are a great way to get started in the commercial real estate industry. Many internships will give you the opportunity to work with the CEO/COO and learn about all aspects of the business.
In most internships, you will gain vast knowledge while working with every department within the company.
Consequently, interns often have the chance to work with different teams and learn about all aspects of commercial real estate. This is a great way to gain experience in the field. Plus you will get a well-rounded working experience and the opportunity to build your network.
You must be a college student who is detail-oriented, self-starter, creative and strategic thinker in order to be considered for any real estate internship.
Commercial Real Estate Intern Salary: unpaid to $20 an hour
(Source for All Salary Information: Glassdoor.com)
Bonus = Real Estate Investors
Real estate investors use a variety of strategies to make money in the real estate market. Some invest a minimal amount of money, while others take on high-risk ventures.
In order to be successful, investors must be well-versed in real estate investment strategy and have extensive knowledge of the market.
This is why REITs are so popular with most investors. It allows a hands-off approach to real estate investing. Yet, still profit in the real estate appreciation and rental income.
Real Estate Investors Salary: varies on the amount of money invested but most want at least a 6-10% return
What real estate investment jobs are entry level?
Real estate investment is one of the best paying jobs in the world. The job offers a lot of opportunities for growth and allows you to work with different types of people.
It also has a relatively low barrier to entry, making it a great option for those who are starting their careers.
Most people in real estate started at the bottom and worked their way up the corporate ladder with hard work and persistence.
What are the minimum requirements for entry level real estate jobs?
The industry is growing rapidly and there are many different opportunities for those looking to enter the field. However, it’s important to note that entry-level jobs in this field come with specific skill sets and education requirements.
Most require at least a college degree if not at least 5 years of hands-on experience. One of the best places to start without any qualifications and education is as a leasing consultant
If you want to progress quickly in your career in real estate, consider taking a chance on one of the best paying jobs in REITs listed here. In fact, there are many jobs available in real estate investment trusts.
REITs – Which real estate investing job looks appealing to you?
The REIT industry is constantly growing, and with that comes new opportunities for a lucrative career path.
Many of the roles in a REIT are highly challenging, pay well, and are respected by investors. Many people work together as a team to build new projects, manage existing projects as well as work to finance them.
There are plenty of benefits of spending time researching this industry and finding the job for you.
In fact, it is an exciting and rewarding career!
Know someone else that needs this, too? Then, please share!!
When you set out to get a mortgage, you’ll find many options, from well-known banks to online lenders. Here are Bankrate’s picks for the best mortgage lenders, including borrower requirements — so you know which you might qualify for — and loan terms, so you can figure where you might get the best deal.
Best mortgage lenders
PNC Bank
PNC Bank mortgage review
Availability
Available in all U.S. states
Loans offered
Conventional, jumbo, FHA, VA, USDA
Credit requirements
620 for conventional, jumbo and FHA loans; 640 for USDA loans
Down payment minimum
3% for conventional loans; 3.5% for FHA loans
Where to find
Branch locations and online
Cardinal Financial
Cardinal Financial mortgage review
Availability
Available in all U.S. states
Loans offered
Conventional, jumbo, FHA, VA, USDA
Credit requirements
580 for conventional and USDA loans; 550 for FHA and VA loans
Down payment minimum
3% for conventional loans; 10% for jumbo loans; 3.5% for FHA loans; none for VA and USDA loans
Where to find
Branch locations and online
NBKC Bank
NBKC Bank mortgage review
Availability
Available in all U.S. states
Loans offered
Conventional, jumbo, FHA, VA
Credit requirements
620 for conventional, FHA and VA loans; 680 for jumbo loans
Down payment minimum
3% for conventional loans
Where to find
Branch locations (limited) and online
U.S. Bank
U.S. Bank mortgage review
Availability
Available in all U.S. states
Loans offered
Conventional, jumbo, FHA, VA, USDA
Credit requirements
620 for conventional loans; 740 for jumbo loans
Down payment minimum
3% for conventional loans; 3.5% for FHA loans; none for VA and USDA loans
Where to find
Branch locations and online
Valley Bank
Valley Bank mortgage review
Availability
Available in all U.S. states
Loans offered
Conventional, jumbo, FHA, VA, USDA
Credit requirements
Undisclosed
Down payment minimum
3%-5% for conventional loans
Where to find
Branch locations (limited) and online
Veterans United Home Loans
Veterans United Home Loans review
Availability
Available in all U.S. states
Loans offered
Conventional, jumbo, FHA, VA, USDA
Credit requirements
620 for conventional and VA loans
Down payment minimum
3% for conventional loans; 3.5% for FHA loans; none for VA and USDA loans
Where to find
Branch locations and online
Summary: Best mortgage lenders of May 2023
Lender
Credit requirements
Down payment minimum
Bankrate review
PNC Bank
620 for conventional, jumbo and FHA loans; 640 for USDA loans
3% for conventional loans; 3.5% for FHA loans
PNC Bank mortgage review
Cardinal Financial
580 for conventional and USDA loans; 550 for FHA and VA loans
3% for conventional loans; 10% for jumbo loans; 3.5% for FHA loans; none for VA and USDA loans
Cardinal Financial mortgage review
NBKC Bank
620 for conventional, FHA and VA loans; 680 for jumbo loans
3% for conventional loans
NBKC Bank mortgage review
U.S. Bank
620 for conventional loans; 740 for jumbo loans
3% for conventional loans; 3.5% for FHA loans; none for VA and USDA loans
U.S. Bank mortgage review
Valley Bank
Undisclosed
3%-5% for conventional loans
Valley Bank mortgage review
Veterans United Home Loans
620 for conventional and VA loans
3% for conventional loans; 3.5% for FHA loans; none for VA and USDA loans
Veterans United Home Loans review
How to compare mortgage lenders
Your first step to finding the best mortgage lender is to comparison shop. Borrowers who do more upfront research tend to save more money than those who go with the first lender they find. It’s best to get quotes from three lenders, at minimum. Because rates fluctuate frequently, it’s best to get these quotes on the same day so you have an accurate basis of comparison.
As you compare loan estimates, look at the APR (annual percentage rate) and interest rate quoted by each lender. Consider what’s important to you as far as experience, too. For some, how fast a lender can turn around a preapproval letter or close a loan is critical. If you have specific needs or financing preferences — for example, you want an FHA loan — you might also want focus on the top mortgage lenders who specialize in those products.
Once you determine what your needs and preferences are, get started by comparing mortgage rates and finding a lender in your area through Bankrate.
Current mortgage rates
Bankrate regularly publishes mortgage rates for purchases and refinances, based on its latest lender surveys. They include:
FAQ about mortgages
There are five main types of mortgage loans: conventional loans; jumbo loans; government-insured loans (FHA, VA and USDA loans); and fixed- and adjustable-rate mortgages. Conventional loans, offered by private financial institutions, are ideal for borrowers with strong credit scores. Jumbo loans are for higher-priced homes that exceed Federal Housing Finance Agency borrowing limits. FHA, VA and USDA loans are backed by the government and designed for borrowers with lower credit scores and low or no down payment, or military members (VA loans) or those buying in a rural area (USDA loans). Fixed-rate mortgages have the same interest rate for the life of the loan, while the rate on an adjustable-rate mortgage (ARM) can fluctuate.
Before applying for a mortgage, it’s important to bolster your credit score and savings and have a clear understanding of how much you can afford and what type of loan would best fit your needs. In addition, gather documentation about your finances so you’re prepared to complete a mortgage application when the time comes. Once you’ve taken these initial steps, begin comparing mortgage lenders based on factors such as annual percentage rate (APR), fees and your overall experience. It’s best to get rate quotes from at least three different lenders. When you know which lender you want to work with, get preapproved so you can start house-hunting with financing in hand.
The minimum down payment requirement varies based on loan type. If you qualify, you can obtain a 3 percent-down conventional loan, a 3.5 percent-down FHA loan or a no-down payment VA or USDA loan. If you want to avoid paying mortgage insurance, however, you’ll need to make a down payment of 20 percent.
Methodology
To determine the best mortgage lenders, Bankrate evaluates more than 85 lenders for factors relating to affordability, availability and customer experience, assigning each a Bankrate Score out of five stars. Based on this methodology, the best mortgage lenders generally have a Bankrate Score of 4.9 stars or higher. Note: The Bankrate Score considers a mortgage lender’s products and services only; it is not a reflection of a lender’s internal operations or practices.