Did you know that only 63 percent of people in the United States of America own real estate? Owning homes or land is easier than you might think, and all that it takes to get started with real estate investing is learning how to start investing in real estate and your financing options.
Buying real estate isn’t cut and dry, there are multiple paths and options that you can choose for buying real estate to add to your investment portfolio. This might seem like investing for beginners to some, but you need to start somewhere when looking at investing tips.
The good news is that you’re in the right place to learn more about getting started with buying and selling real estate. Keep reading to learn more today!
1. Rental Properties
Rental properties are a great way to break into real estate investment. If you have the skills to do maintenance and renovations then you could make a lucrative side hustle with buying real estate that you plan to rent out to tenants. Keep in mind that you’ll want to look at your financing options like those at Trinity Mortgage Fund.
2. Real Estate Investment Groups
You can also invest your hard-earned money into Real Estate Investment Groups. These are a great option if you’re someone that wants to own rental properties but you don’t want all of the maintenance and tenant hassles that come with running a rental property. REIGs are quite similar to mutual funds except they’re for rental properties.
3. House Flipping
If you have contracting skills or the ability to fix up homes then house flipping is another great way to make a living by selling real estate. You’ll need a decent amount of capital to make a success of house flipping but you’ll make a steady flow of significant income if you get the ball rolling.
4. Real Estate Investment Trusts
If you’re someone that wants to add real estate to their investment portfolio without a typical transaction that comes with learning how to start investing in real estate, then Solomon Feder suggests that REITS might be your best bet. REITs are purchased and sold on most of the major exchanges in the same ways as stocks and bonds.
5. Online Real Estate Platforms
Another great option that you can take for real estate investing is looking at going with online real estate platforms. You can put your capital towards large projects in both commercial and residential real estate. It is similar to crowdfunding for real estate projects.
It is a quick and efficient way of connecting investors with real estate developers to make their real estate projects come to life.
Learn How to Start Investing in Real Estate Today
Learning how to start investing in real estate is going to put you on the fast track towards growing your wealth and retiring early. There are a number of routes that you can take, like house flipping and purchasing rental properties. You can also use online real estate platforms to invest money into large real estate projects.
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