6 Ways To Make Money From Real Estate #54
Are you interested in getting into the real estate market? What is the best way to dip your toe into this lucrative market? Do you need to have a lot of cash to get started or are there other options out there? If you think you are ready to start investing in real estate or you just want to get some more information, this is the episode for you! Join me as we explore six ways that savvy investors like you can use to start making money from the real estate market - you don’t want to miss it!
You will want to hear this episode if you are interested in...
Making money with publicly-traded REITs [1:30]
Privately traded REIT options [5:00]
Buying a rental property [7:15]
Renting out part of your home [10:30]
House flipping [12:15]
Using a real estate investment group [16:30]
Real estate crowdfunding platforms [19:00]
Closing thoughts [20:50]
REIT options both public and private
Are you wary about sinking all of your money into a second house for investment purposes? What if there was a way to invest in real estate without worrying about renters, maintenance, and other common factors that people worry about? Many people are turning to real estate investment trusts (REIT) to get started in real estate investing.
A REIT is a company that owns, operates, or finances income-generating real estate. Modeled after mutual funds, REITs pool the capital of numerous investors. This makes it possible for individual investors to earn dividends from real estate investments without buying, managing, or financing any properties themselves. Make sure to tune in to this episode as I expand on how you can get started with investing in REITs!
Leveraging your residence for more income
Of course, most people immediately think of buying a second property when they consider investing in real estate but what about leveraging your current property to bring in an income? There are two common ways people use their home to bring in additional income, renting out a room and sectioning off a portion of the house or property for rental use. If you want to get started when it comes to investing in real estate this is a relatively simple way to dip your toe into the real estate pool. Hear more about making the most out of your real estate investment opportunities by listening to this episode!