Have you ever heard the term “accredited investor”? Or wondered what it meant? In the eyes of the SEC, being an accredited investor means that you are savvy enough to have figured out how to accumulate some wealth.
In order to qualify, an individual must have a net worth of over $1 million in assets excluding their primary residence OR have a current income from the past two years of more than$200,000 each year as an individual or $300,000 combined income if married.
If you qualify as an accredited investor, more investment opportunities are open to you, since you are in a better position to take on risks in the eyes of the SEC.
These investment opportunities are often publicly advertised so they are easier to find and invest in.
Don’t quite meet the qualifications to be an accredited investor? Never fear!
You’ve still got some great investment opportunities including passive investments through real estate syndications. You may just have to search a little harder to find them.
More money, less work? Yes, please!