Investing in real estate could be a fun and profitable way to diversify your portfolio. The best about being a real estate investor is that there are ways to gain exposure to the sector without putting yourself in financial jeopardy. Let’s look closer at some easy ways to break into real estate in an affordable manner.
Breaking Into Real Estate: Renting Your Space.
If you have an extra room or unused finished space in your home, it may be possible to rent it and make some extra money. Your tenant could be an adult child, a family friend or anyone else who is willing to pay for the right to lease the space. In the event that you have never been a landlord before, AirBnB points out that renting a room in your own home can serve as the ideal way to learn how to be one.
Breaking Into Real Estate: House Flipping.
While it is true that you don’t need a license or credentials to flip a house, Real Estate Elevated recommends having a solid education regarding what you are attempting to do is a definite key to success. It can be a good use of your time and money to take courses at a local college or take part in seminars hosted by successful real estate professionals.
However, be sure that you are avoiding scams by reading the fine print before handing over any money for the right to participate in a seminar or similar event. The internet may also be a goldmine for anyone who is looking for free advice about flipping homes or simply looking to learn more about the housing market in general.
Breaking Into Real Estate: Invest in a REIT or ETF.
According to Nareit, a real estate investment trust (REIT) is similar to a mutual fund in that it takes money from a number of investors and uses it to invest in real estate. A REIT can be created to invest in mortgages, make hard money loans or provide funds for homeowners who may otherwise be foreclosed on. An ETF has many characteristics of a mutual fund, but it can be bought and sold much like an individual stock.
It is a lot easier than you think to start investing in real estate. Whether you want to be a landlord, flip homes or simply invest in companies that invest in real estate, there are many ways to get a quality return on your original investment. Join SWFL REIA for more helpful tips on breaking into real estate investment!
Stop making excuses — just get out and do it!
See you at a meeting soon!
The Southwest Florida Real Estate Investment Association is the leading source of SWFL real estate investing events that provide investment education and networking in southwest Florida. We analyze the housing market and foreclosures and provide information, education and networking events in order to build a network and knowledge base for investors and potential investors. Our members include real estate agent, brokers, investors, hedge fund managers, rehabbers, wholesalers and more.
Our SWFL REIA General Meeting is held in Fort Myers where we provide education on hot topics in investing and an opportunity to enjoy the camaraderie of your fellow investors. You’ll get a chance to ask for advice from successful real estate professionals and even make a few deals on your latest projects.
To become a member, anyone can register as an individual, a couple, or a corporation. Being a member opens the doors for endless networking opportunities, advice from members with decades of experience, new ideas from entrepreneurs, camaraderie with those just beginning, and deals and contracts done in the meeting room. For those interested in Cape Coral rental property investment and/or Fort Myers rental property investment, SWFL REIA will be able to provide a network to help launch a successful investment career.
The SWFL REIA is known and respected as a source of current, actionable and useful information about the housing market in the area that we meet.
We meet twice a month.
One of the premier sources for real estate investing networking and education is the SWFL REIA. In the real estate world, the SWFL REIA is different in that they do not do information product sales. Their meetings are focusing on the best ways of investing in real estate by collaborating with other property investors who are sharing their experiences.
We look forward to meeting you at a meeting soon!
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