5 Easy Ways To Invest In Real Estate
“Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world.”
Franklin D. Roosevelt
Investing in rental property is truly the best way to build real wealth today. The best part about investing is that it's not difficult to get started...
With that said, here are 5 easy ways to invest in real estate! 👊
1. Buy vacant land
With empty land, you can do a lot!
You can purchase land on the outskirts of a growing metro region and later sell it to a developer. Or you might buy property to lease. Utility companies and farmers frequently lease land. You could build billboards and just charge for ad space. The land could also be developed by you. There are a ton of options!
I'm giving all of the game on how we purchased 8 parcels of land at one time using AMEX ➡️ here.
If your strategy is to buy and flip it or rent it out, you don’t need any special skills.
The price to begin investing
You can buy land for really low prices, depending on the region. My son and I recently purchased 8 parcels of land an hour from the beach for under $15,000.
2. Wholesaling
Wholesalers sell contracts...not properties. They flip the purchase contract rather than the tangible real estate. Simply put, you find a good offer, put it under contract, and then sell your contract to another investor for more than you committed to pay. You then keep the difference.
This is a rapid way to make money (build cash flow), yet you never have to get your hands filthy. You don't even have to own the property at all!
I started using this strategy in 2018 and haven't looked back. You'll get my blueprint here.
The price to begin investing
You can flip contracts for as little as $0, but there's a lot of work involved until you build a network.
3. Tax Liens and Tax Deeds
When a property owner fails to pay their property taxes, investors make a profit from the default. Investing in liens or deeds depends on your state. Because some states are tax lien states, some are tax deed states, and some are both.
You pay the taxes owed, wait until the redemption period is up, then you're granted the property. Depending on whether you're getting liens or deed, you may have to go through a lengthy quiet title process. But this is where your real estate attorney comes in handy.
Now this one right here... well, I have the cheat code!!!! But I am only sharing it here.
The price to begin investing
Anywhere from a few hundred to a few thousand dollars.
4. House Hacking
Simply put, you're either renting out another room in your house or another unit in your multi-family unit. The tenants are actually paying your mortgage with their rent money.
The price to begin investing
Anywhere from $0- buying furniture (optional).
5. Rent Out Parking
In some areas, you can charge $75-100 per month for a parking space. Consider renting out a parking space if you don't use it. There are several apps make it really easy to do.
➡️ Other resources to help you get started in real estate
Are you a woman entrepreneur or professional who's ready to start creating passive income & generational wealth?
What if I showed you how you could start investing in real estate with less than $500, would you come learn how? If so, join my rich friends on May 8-13 @ noon Est. and learn how we are creating, controlling, and conquering our financial destiny through real estate investing.
