Founded by former Goldman Sachs real estate investors, the mogul team handpicks the top 1% of single-family rental homes nationwide for you. Simply put, you can invest in institutional quality offerings for a fraction of the usual cost.
Each property undergoes a vetting process that requires a minimum 12% return, even in downside scenarios. Across the board, the platform features an average annual IRR of 18.8%. Their cash-on-cash yields, meanwhile, average between 10% to 12% annually. Offerings often sell out in under three hours, with investments typically ranging between $15,000 and $40,000 per property.
Getting started is quick and easy. You can sign up for an account and then browse available properties. Once you verify your information with their team, you can invest like a mogul in just a few clicks.
Take real estate a step further
For investors with larger portfolios to work with, Lightstone DIRECT’s direct-to-investor model ensures a high degree of alignment between individual investors and a vertically integrated, institutional owner-operator — a sophisticated and streamlined option for individual investors looking to diversify into private-market real estate.
With Lightstone DIRECT, accredited individuals can access the same multifamily and industrial assets Lightstone pursues with its own capital, with minimum investments starting at $100,000.
Real estate may be one of the most common wealth-building tools, but many affluent households don’t rely on a single asset class.
Build ownership
Data from the Federal Reserve Survey of Consumer Finances shows this well — while primary real estate dominates the wealth of middle-class families, affluent households diversify aggressively, namely, in stocks and businesses.
All said, long-term wealth accumulation comes from a multilayered approach that combines appreciating assets together over time: putting together stocks, retirement accounts, private investments and hard assets in ways that allow capital to compound faster than wages alone.
According to data from the National Study of Millionaires published by Ramsey Solutions, 8 out of 10 millionaires consistently invested in retirement accounts like 401(k)s over long periods of time, while also building wealth through appreciating assets like businesses and stocks.
But that doesn’t necessarily mean chasing risky investments or trying to become the next Jeff Bezos. For most Americans, it might simply be about gradually gaining exposure to appreciating assets and diversifying into alternative assets over time — a slow method to millionairehood rather than just inheriting wealth, but it’s a path traveled by as many as 79% of successful millionaires today, according to Ramsey Solutions.
So, what are some methods used by the wealthy to get, and stay, rich?
Diversify into alternative assets historically favored by the wealthy
Alternative assets have historically played a major role in the portfolios of institutional investors and ultra-high-net-worth households seeking diversification beyond stocks and bonds.
