Source: Forbes —
In the era of Big Tech, when over 80% of the global population uses a smartphone, investing is no longer reserved for the wealthiest. Today, anyone with a smartphone, internet connection and $10 in their pocket can become an investor.
The conventional approach to investing in a rental property requires an average of $100,000 starting capital. This high investment threshold has made traditional real estate investing difficult for young people who often cannot afford it. Fortunately, new investment concepts like property technology (proptech) startups and crowdfunding have started appearing on the market, making property investment more accessible.