7 Helpful Ways To Learn Real Estate Investing That Will Change Your Life

Everyone wants to learn real estate investing and I can see why. I mean, you have the potential to make money over a long time and spread out your investments which makes real estate an appealing option for people who want to be financially secure.

If you have no idea how to get started or if you’re an experienced real estate investor looking to explore alternative investment strategies, you’ve come to the right place.

In this article you will learn all about investing in real estate as I will be covering investment strategies, performing market analysis, tips for successful investing, risk assessment, mistakes you should avoid and resources you can use to expand your real estate knowledge.

Getting Started With Real Estate Investing

Let’s take a look at some investment principles every real estate investor should follow.

• Educate Yourself – Start by learning all about real estate investing either through reading about it in books, watching videos, attending a real estate investing seminar, or taking a course. Having an understanding of the basics of real estate will lay a strong groundwork for the real world experience that’s to come. 
• Set Financial Goals – Figure out your financial goals and how you expect real estate to contribute. Without having a vision in place, your real estate investments can become rocky and prone to unexpected costs, which can ultimately affect your profit margins and clarity.
• Explore Investment Options – Research different ways to invest in real estate, such as investing in real estate investment trusts (REITs), purchasing properties or connecting the seller and buyer like with wholesaling. Once you have a clear idea of what you want, you can prepare financially.
• Preparing Financially – Once you have figured out your financial goals and chosen what investment option aligns with them, consider things like down payments, mortgage options and ongoing expenses. Also look into factors like risk tolerance, expected returns and the timeline you wish you reap the rewards for your investments. 
• Location and Property Analysis – Researching locations for properties requires careful analysis, as factors such as nearby amenities (schools, shopping centers, hospitals) play a huge role in your profit margins. Start by exploring market trends, property appreciation potential, and rental demand.
• Funding and Financing – Exploring different options such as mortgages, private lenders or any other financing methods will depend on personal circumstances and long-term vision. This is how you can secure the necessary funds to invest in real estate and achieve your financial goals.
• Due Diligence – Before making any investment, conduct thorough due diligence which basically means inspecting the property, reviewing its history and understanding the neighborhood. It’s a careful investigation to make sure everything is in order before making a purchase.
• Property Management – If you plan to own rental properties, there are many responsibilities you’ll need to take on board such as tenant screening, maintenance and ongoing operations.
• Diversification and Risk Management – By diversifying your portfolio you can manage risk and maximize long-term returns. In other words, putting your eggs in separate baskets instead of the same one can help you spread you risks.

What Ways Can You Make Money Through Real Estate Investing?

Rental Income

If you have a property you own or are looking to purchase one, you can make money by renting it out to tenants. This is the most popular way for real estate investors to generate an income and if your property is in an area that is in high-demand, you can earn more money as well as it being consistent. 

In high-demand areas, lower vacancy rates lead to increased competition, resulting in the potential for higher rental income. However, it isn’t as easy as just renting out your property and living off the grid expecting you to have a hands-off approach. 

Owning rental properties requires active management from property maintenance to handling rental agreements. You can pretty much be called at any time since it’s your property and you’ll need to take care of it if unexpected expenses or challenges arise.

Property Appreciation

This is when real estate properties increase in value over time and if you own and hold a property for a long duration of time, chances are you could sell your property at a higher price than what you initially bought it for.

This isn’t always the case as real estate depends on external factors such as economic conditions, market trends and changes in development in surrounding areas. So, the value is always fluctuating. If the market conditions are in your favor, then yes you can make some profit in the long run. 

To increase your chances of finding success using this method is by conducting proper market research and understanding local trends. 

Real Estate Investment Trusts (REITs)

When you invest in a REIT, it’s like joining a group that owns and manages different types of properties. You own a share of the entire real estate portfolio instead of owning an individual property. And, as a reward you earn dividends from the rental income and appreciation of the properties. 

Investing in REITs is a great way to diversify your investment portfolio but the challenge you face with this option is that the amount of profit you make fluctuates due to changes in interest rates or consumer demand. For example, if interest rates rise, borrowing costs increase for REITs which influence your profits.

Real Estate Investment Strategies 

There are many real estate investing strategies for you to choose from. Here are 7 of the most popular ones investors use:

Long-Term Buy And Hold

This is a long-term strategy where you buy a property then hold on to it, usually for quite a number of years until the value has grown over time. You can either sell it through property appreciation or rent it out for a monthly income to tenants. 

Here are the steps you need to take to implement this method:

Step 1 – You’ll need to go out and find properties that are at a reasonable price but also take into the consideration the location, specifically areas with high rental demand so it gives potential to property value appreciation. Also check to see the condition of the property, so you’re not going over budget to include repairs.

Additionally, conducting thorough market analysis such as understanding trends in property values, rental rates and economic rates is extremely important because long-term investments benefit from favorable market conditions.

Step 2 – Consider the total costs such as the property price, rental management, maintenance and repairs. There will be unexpected costs given the unpredictable nature of home improvements that take place such as plumbing problems, electrical system faults and any other area that needs attention. So, having a realistic budget plan is ideal to keep everything in order.

Step 3 – Once everything is in check, you can decide to rent the property or sell it after the value increases. If you want to rent it out to tenants, you can use real estate websites you can easily find online to advertise it.

Here are some challenges that come with long-term buy and hold:

Challenge #1 – There are ongoing costs you’ll need to cover such as property taxes, insurance, regular maintenance and repairs. 

Challenge #2 –  The average cash flow on a rental property is around the 8% market, which is relatively low compared to other investment opportunities that are out there.

Challenge #3 – Real estate is always fluctuating as it’s influenced by external factors such as economic conditions and regulatory changes which means investors may not achieve their expected returns. 

If this strategy interests you, getting started can cost you anywhere between $50,000 to several million dollars depending on area and property type. 

Short-Term Rental

Short-term rentals involve renting out a furnished space, whether it’s a house or apartment, for short periods of time. This type of accommodation is typically aimed at vacationers seeking a temporary place to stay or individuals on business trips.

Here are the steps you need to take to implement this method:

Step 1 – Find properties that can be rented out for a short period of time to people that are in need of a temporary stay or you can just put your own home for rent on online platforms.

If you’re interested in renting out other properties instead of putting your own place up for rent, you can use platforms like Zillow or Realtor. These platforms allow you to search for properties suitable for short-term rentals.

Step 2 – Before you set your property up for rent by making it comfortable and appealing for future guests. Make sure you have calculated all the costs that come with short-term rentals such as cleaning fees, maintenance and repairs, utilities (electricity, water, internet), property management fees, insurance and any permits that are required.

If you decide to list your property on online platforms there are marketing and listing fees you need to be aware of. For example, Airbnb charges hosts a service fee for each booking, typically varying between 3% and 15% of the booking subtotal. 

Step 3 – Once the property is ready to be rented, you’ll need to find a way to promote your property to people who want to stay there for a limited amount of time. To do that you can list your property on any platforms for vacation rentals and accommodations. You can collaborate with local tourism organizations to attract guests and even offer promotions to get up and running.

A solid tip would be to boost your positive reviews to build your properties reputation.

Here are some challenges that come with short-term rentals:

Challenge #1 – The vacancy rate for short-term rentals is really high as the weather and season play a huge role in attracting guests. 

Challenge #2 – As the guests are always coming and going, there’s a greater chance of property damage than long-term buy and hold, since individuals with different lifestyles and habits stay at the property.

Challenge #3 – There’s a high chance of unregistered guests that can join the temporary tenants which can compromise the safety of the property and others since they haven’t gone through the same security checks. This can lead to violation of rental policies and liability issues.

If this strategy interests you, getting started can cost you anywhere from $5,000 upwards.

Flipping Houses

With the flipping houses strategies, you’re basically buying worn-out properties at a discounted price, fixing them up and selling them for a higher price than you initially bought it for. If done right, you can make a much quicker return on investment than long term strategies, such as long-term buy and hold. 

Here are the steps you need to take to implement this method:

Step 1 – You’ll have to find a property that has the potential to sell for a profit after it’s undergone a makeover. Many distressed properties are sold at foreclosure auctions so attending one of these would be the best bet. 

You can also send direct mail campaigns to property owners who are facing foreclosure, network with real estate agents or search for a website online that showcases distressed properties.

Step 2 –  Calculate the full costs involved such as the purchase price of the property, closing costs ( title, transfer), renovation costs (material and labor), ongoing costs (utilities, taxes, insurance) and selling costs ( real estate agent commissions, staging).

Step 3 – Once you have fixed up your property and have your financial calculations in order, it’s time to market it to buyers either through advertising. This can be done through online listings using real estate websites.

Here are some challenges that come with flipping houses:

Challenge #1 – It isn’t as quick as it’s made out to be as it can take you a significant amount of time to find, renovate and sell a house.

Challenge #2 – Renovations can cost more than expected as unexpected issues can come your way such as hidden structural damage, outdated electrical systems or plumbing problems. 

Challenge #3 – There is a huge upfront investment to be made as the national average cost to get started with flipping houses is around $50,000 dollars which means a majority of folk won’t be able to afford it.

If this strategy interests you, getting started can cost anywhere between $50,000 to $150,000 or more

Wholesaling

With the wholesaling method, you’re essentially finding a good deal on a property and presenting it to someone willing to buy. You’re not actually buying the property, but putting them under contract and then selling the contract to another investor for profit.

In other words, you’re connecting the buyer and seller, and if the deal goes smoothly, you make money.

Here are the steps you need to take to implement this method:

Step 1 – Search the area of properties that can be bought at a good price and can be sold at a later date for more money. You can find the properties through real estate websites or network with real estate agents to get some information. There are also real estate apps you can use that help you find wholesale properties.

Step 2 –  Once you have a contract, you’ll need to find a buyer who is willing to pay more for the property than your contracted price. 

Step 3 – The final step is selling the right to buy the property to someone else for a fee and if you’re successful in doing so, you make money. 

Here are some challenges that come with wholesaling:

Challenge #1 – Since you’re the middleman between the seller and buyer, you have limited control over the property since you don’t own it. This makes things challenging because it’s hard to determine if the property will meet the expectations of both the seller and buyer.

Challenge #2 – You can’t predict how much money you’ll make as the amount always changes from one deal to another. 

Challenge #3 – It’s not easy to find a deal that has great profit margins and is worthwhile especially if you live in areas that are highly competitive. Competition amongst wholesalers and investors drive up the property prices which further cut into your profits.

If this strategy interests you, getting started can cost much less than other real estate strategies, as it involves a low upfront investment since you’re not buying the properties. The initial investment can range anywhere from a few hundred dollars to a few thousand.

Investing in Land

When you invest in land, you’re buying empty plots of land instead of buildings. The aim is to make money from the land itself, either by selling it at a higher price in the future or by using it in a way that generates income, like leasing it for farming, building or any other purposes. 

Here are the steps you need to take to implement this method:

Step 1 – The most important aspect of investing in land is conducting proper in-depth research by looking into the location and finding out if there’s any development plans in the area. 

Look for land in areas that are expected to grow or develop in the future and consider the availability of essential infrastructure such as water, electricity, and road access nearby as these will have a great impact on how successful your investment will be.

Check to see if there are any local zoning and regulations in place to ensure the land can be used for your intended purposes. 

Step 2 –  Once your research is complete, understand the costs involved and check out what similar pieces of land have sold for in the past as this can help you negotiate better deals.

There are also several ongoing costs you need to consider such as maintaining the land (landscaping, repairs), taxes, insurance, legal fees, utility expenses (water, electricity, waste management) and land use fees.

Step 3 – In order to make money from land investing you can sell the raw land on any ‘we buy land’ websites. And, if you prefer to rent it or lease it out, you can use LandLease which is an online marketplace that connects landowners with individuals or businesses looking for land.

Here are some challenges that come with investing in land:

Challenge #1 – There isn’t a guarantee that your land will increase in value over time so make sure to thoroughly assess the potential risks and rewards before deciding to invest in land. 

Challenge #2 – Zoning laws and regulations can limit what can be done with the land which means you’ll need to know your legal stuff to navigate the complexities of this real estate investment strategy.

Challenge #3 – Undeveloped land may not generate regular income until it’s developed and sold.

If this strategy interests you, the cost depends on many factors such as location, accessibility, infrastructure, and market demand. One acre of land in the United States costs an average of $18,000, even though you can get it as low as $1,000.

Real Estate Investment Trust (REITs)

Real Estate Investment Trusts own and operate real estate such as apartments, office buildings, shopping centers, and hotels. When you invest in a REIT, you’re basically buying shares in these real estate properties.

REITs generate income for investors by collecting rent on the properties they own and they pay at least 90% of their taxable income to shareholders in the form of dividends. This is a great option for those that are looking for ongoing income from real estate without having to buy and manage properties themselves. 

Here are the steps you need to take to implement this method:

Step 1 – Research and choose a REIT as there are a lot of different types such as equity, mortgage and hybrid. Find one that aligns with you but make sure you consider factors like property type and location, this will impact your dividend payment.

Step 2 – Open an investment account by selecting a brokerage or investment platform that allows you to invest in REITs, such as Vanguard or Fidelity. Consider the fees that come with these platforms like the annual account service fees, advisory fees, ETF fees and more.

Step 3 – Once your account is set up, research specific REITs and make well-informed decisions about purchasing shares based on your research and financial goals. Figure out a long-term strategy by analyzing historical performance, evaluating the property types within each REIT’s portfolio and how the market is doing.

Here are some challenges that come with investing in REITs:

Challenge #1 – REITs are easily influenced by changes in interest rates, as higher rates can increase borrowing costs and affect property valuations.

Challenge #2 –  The prices of REIT shares fluctuate due to broader market volatility which means that investors may experience periods of rapid price movements that can lead to short-term losses.

Challenge #3 – Changes in tax laws and regulations can impact the performance and profitability of REIT investments.

If this strategy interests you, the cost can range from $1,000 to $50,000 or more.

House Hacking

House hacking is a real estate strategy where you make an income by renting out a portion of the property while living there yourself. Usually it’s through purchasing a single-family or multi-family property, residing in one unit and then renting out the rest of the space.

This method allows people to cover their housing costs and potentially earn passive income.

Here are the steps you need to take to implement this method:

Step 1 – Research suitable single-family or multi-family properties in your area by scanning through real estate listings or working with a real estate agent. 

Once you have found the right property, secure financing for the property purchase but make sure you keep the potential rental income in mind so you know where to draw the line as far as profit margins are concerned.

Step 2 – Educate yourself on legal and zoning regulations in the area you are thinking of purchasing a property to ensure compliance with renting out portions of the property. Purchase the property and set up your living space while preparing the other areas for rental.

Step 3 – Once your property is set up, you’ll need to advertise either using online real estate platforms like Craigslist or promoting it on social media pages. You can always try the word of mouth approach too.

Lastly, you’ll need to address tenant needs and maintain the property to maximize returns and minimize expenses.

Here are some challenges that come with house hacking:

Challenge #1 – Maintaining privacy and ensuring boundaries between personal and shared areas can be a difficult challenge as different lifestyles and preferences among housemates can cause conflict.

Challenge #2 – There can be a long period of vacancies due to tenant turnover or difficulty in finding suitable tenants which means the income isn’t consistent.

Challenge #3 – You’ll have to comply with legal restrictions, as some cities have strict rules. Depending on the area where you purchase a property, there’s a chance of limitations.

The cost depends on the location, property time and condition but if you already own a property and are looking to rent it out, there won’t be much costs other than maintenance and utilities. 

However, if you are considering purchasing a property specifically for house hacking, the costs can include the down payment, ongoing maintenance, property management fees, insurance, and more.

Real Estate Insights: Market Trends, Finance, and Tax Strategies

Market analysis

This involves assessing current and future market conditions to make wiser investment decisions. The process involves analyzing important numbers from supply and demand, economic indicators and market trends. This helps you limit your risk potential.

Property Evaluation Methods

These methods are used to determine the value of a real estate asset. There are 3 main ways to evaluate properties, sales comparison approach, income approach, and cost approach. 

These methods show you things like how much similar properties have sold for, how much money can be made from renting the property, how much it costs to keep the property running, and how much it would cost to build a new property just like it. 

Financing Options

There are several options like regular bank loans, hard money loans, borrowing from a private lender, and getting financing directly from the seller.  Each option has its own terms and requirements. It’s ideal to get a strong understanding of these financial options for making decisions that align with your financial goals.

Tax Implications

Real estate investments do have tax implications that can impact your returns if not understood properly. Understanding tax deductions, depreciation benefits, and capital gains taxes are just some of the things you’ll need to familiarize yourself with. There’s a huge list of tax benefits and potential issues you’ll need to know about to have a smooth real estate journey.

Tips for Successful Real Estate Investing 

1. Research the Market – Understanding the local real estate market trends, property value and rental demand is extremely important, especially if you’re looking to maximize your profit potential. Staying aware of factors such as population shifts and infrastructure developments is key to stay on top of rental in the area.It’s best to find a real estate mentor or anyone online that can teach you the first steps of real estate investing. If you’d like to learn through an audio program where experienced real estate investors share their tips and strategies, here’s some of the best real estate investing podcasts out there.
2. Financial Planning – Calculate the total expenses that come with real estate thoroughly including maintenance, property management fees, taxes and insurance. Creating a detailed financial plan can help you maintain a steady cash flow and lower the risk of any financial losses and ensures you don’t go over budget.Attending a real estate investing seminar where experienced real estate investors share their knowledge on the industry can help you with financial planning as you can gain valuable insights into effective financial planning within the industry.
3. Choose The Right Location – Choose properties that are in high-demand locations with the potential for appreciation and rental demand as this will significantly impact the long-term success of your real estate investments.Factors such as nearby amenities, like schools, transportation and shopping centers, can greatly influence property value and the overall rental appeal. These are the features that people look for when searching for properties
4. Property Inspection – Before signing the papers and making a purchase, conduct a detailed property inspection to identify any structural issues, urgent repairs or any other maintenance requirement. The property being in tip top shape will help you reach your financial goals much quicker. 
5. Diversify Your Portfolio – Look at other opportunities to diversify your real estate portfolio, such as multifamily properties, residential homes and commercial spaces. This can spread your risk rather than putting all your eggs in one basket if things go south. It’s a more resilient strategy against market fluctuations.
6. Network with Professionals – Strengthening relationships with real estate agents, property managers, mortgage brokers and like-minded individuals is key for gaining valuable insights and accessing off-market deals. In the real estate industry building and nurturing these relationships can get you unique opportunities and a competitive advantage.
7. Stay Up To Date – Keep updated with what’s going on in the real estate world by monitoring the news, regulatory changes and economic factors that can impact your real estate investments. The real estate industry is unpredictable by nature so being informed will help you adapt your strategies if it’s needed.

Mistakes To Avoid When Investing In Real Estate 

1. Purchasing a Property at Market Value – If you purchase a property at market value, you won’t be able to increase your profit margins as you’re limiting the immediate opportunities for increasing equity or realizing substantial gains through revaluation. In order to make a good deal, you’ll need to polish up your negotiation skills as they will play a key role in potentially securing the property below market value. There is an option of purchasing distressed properties that are undervalued that could be due to neglect, financial issues, or legal complications. This is why the flipping strategy is appealing.To learn more about how to increase equity, re-evaluate a property, or delve into real estate in more depth, consider exploring some of the best real estate investing books that are available for purchase.
2. Going Over Budget – Most times, beginner investors fall into the trap of underestimating the total costs required for real estate investing. This could be down to poor market research and financial planning or simply being too optimistic. It’s always wise to perform a proper market analysis and have emergency funds readily available just in case unexpected expenses do arise. Your financial plan should include extra cash as the total budget.
3. Following the Crowd – This is an easy mistake to be made, especially if you’re active on social media platforms that are constantly spreading misinformation and making real estate seem like a walk in the park. Real estate is complex, it requires attention to detail and a full study of all its principles. I would suggest you take a look at learning it in a more structured and in-depth manner, so I will leave you with the best real estate investing courses that are on offer that you can check out if you’re serious about making a career out of real estate.
4. Being Emotionally Attached – It’s easy to get emotionally attached in real estate since it’s hard to find properties to begin with, never mind getting to a point of closing a deal. There’s lots of running around, trying to find the right one that has the potential for increased profit. When you finally come across an opportunity, keeping a level head seems like a difficult task because it took so long to find the right property. However, even if you come across a great deal, you should always do due diligence because at the end of the day, it’s business, not personal.
5. Not Doing Due Diligence – Not doing due diligence can lead to costly mistakes and missed opportunities for maximizing returns on investment. Conducting thorough research on the property, understanding the market as a whole and carefully evaluating the financial aspects is key for a successful real estate journey.Real estate investing requires you to be a people person. Even if you’re an introvert, you’ll still need to try your best to build a strong network of professionals to rely on. This is where you’ll find great off-market deals and grow as an investor. No one has built a successful business on their own. A team equals more perspectives, and more perspectives equal fewer missed opportunities. Through a partnership you can connect with many more like-minded individuals that can help you take your investment journey to another level.
6. Not Having Enough Exit Strategies – Plans often don’t go accordingly, that’s a regular occurrence in life and it’s not any different in real estate investing. Just this simple fact is what separates successful investors from the rest, as they have many other dependable plans set in motion. An example would be, let’s say you are wholesaling real estate and a deal turns into a financial loss, having a long-term buy and hold strategy can provide an alternative exit route and help mitigate losses.
7. Underestimating The Importance Of Property Management – If you don’t manage your property well such as neglecting tenant relations, maintenance and financial oversights, your profit margins will decrease drastically as time goes on.Poor property management can lead to increased tenant turnover and difficulty attracting new tenants which further impact the property’s cash flow and overall value.

7 Learning Resources For Real Estate Investors

Courses

There are many courses available online where you can expand your real estate knowledge in the comfort of your own home. Udemy is an online platform where you have access to learn a wide range of topics which include real estate investing. There are currently 391 courses related to real estate investing where you can enroll and begin learning. 

The great thing about this platform is that you can filter what level you are looking to learn at, duration of the course, language and all courses have a 30-day money back guarantee. You can get free courses as well as paid ones that start under $100. 

Coursera is another platform which is similar to Udemy that also offers a wide range of real estate investing courses with over a thousand to choose from.

Mentorship

You could go the mentorship route and learn directly from an experienced real estate investor as they share their knowledge and provide you with real world experience. To find a real estate mentor you’ll need to first decide what investment or strategy you want to pursue such as vacation rentals, house flipping and so on. 

You can ask a local real estate agent or attend a workshop and ask around. The easiest way to find a real estate mentor would be through a quick Google search where you’ll find lots of options if you type in “real estate mentorship” followed by your area. 

An example would be, let’s say you reside near Miami, Florida, Laura Alamery has over 30 years experience and great reviews from clients. To find this you simply search it on the web and there is contact information available for you to get in touch.

Mentorships can be on the pricier side of learning so you can expect a couple hundred to a few thousand dollars a month.

Books

This is a great way to find extensive information on real estate investing written by veterans of the industry. There are many books available for purchase that cover different investment strategies.

For instance:

• If you want to learn about the BRRRR strategy, “Buy, Rehab, Rent, Refinance, Repeat” by David Greene is a widely extensive and popular book for both beginner and experienced real estate investors.
• If you’re looking to explore the long-term buy and hold strategy, then “The Book on Rental Property Investing” by Brandon Turner is a good resource.
• Another one I’ll mention is not strictly a real estate investing book, but it covers the mindset and attitude needed for real estate: “Rich Dad Poor Dad” by Robert T. Kiyosaki, this covers the financial principles and perspectives on investing.

All these books and more can be found on Amazon, where they are easily purchased and delivered straight to your door, often as quickly as the next day for Amazon Prime subscribers.

Podcasts

You will find many podcasts on real estate investing online that cover real estate principles. This is a great way to learn valuable insights from experts in the industry. Some of the popular ones online are: 

• BiggerPockets Real Estate Podcast by David Green and Rob Abasolo. BiggerPockets is a well-known platform for real estate investors and their podcast features interviews with successful investors who discuss their strategies and challenges aimed at  both new and experienced investors.
• Real Estate Investor by Gary Lipsky who has over 20 years of experience in the real estate industry so it’s safe to say you’ll find some valuable nuggets in this podcast. He talks to leading experts about how to start out in real estate and build a legacy.

Videos

YouTube is a great source to find real estate investing tips, tutorials and strategies. Anyone can easily access this platform as it usually comes built in on your mobile device so learning couldn’t be any easier. I’ve mentioned the BiggerPockets podcast but they also have a YouTube channel with over 3,000 videos which cover a wide range of real estate principles that are comprehensive but easy to understand.

If you’re looking to learn more about the financial side of real estate such as tax and wealth management strategies, Mark J Kohler is a business tax and legal expert who provides great advice to navigate this aspect of real estate.

Real Estate Seminars

Seminars are a great way to connect with like-minded people and develop professionally as you are offered a wealth of knowledge. 

To find upcoming real estate seminars, consider networking within your local area or using websites like Eventbrite where you can search for “real estate investing” followed by your specific area. 

Tools

There are additional resources you can check out online such as Investopedia which isn’t specific to real estate but it covers market analysis and investing for beginners as well as those who are slightly advanced. 

If you want to familiarize yourself with property terminology, this is a good source that covers real estate terms from A to Z. You can also try workshops in your local or surrounding areas to get some of your questions answered by real estate professionals. 

What Is The #1 Alternative To Real Estate Investing?

Investing in real estate can be a profitable venture if done right. However, with the population growing and land being bought up more quickly than ever, you may start to feel limited in your local area and end up branching out to various other locations.

The problem is that even these areas will feel oversaturated. So, what direction will you go? How far will you travel? And what about your family? Will they be okay with you bouncing from one location to another and leaving them at home?

I’m a big fan of real estate but I started to see some issues regarding geographical location quite some time ago and was on a hunt for a solution, a way to still invest in real estate but have a wider area to play with.

Luckily for me, I stumbled upon the Digital Rental Method and ever since then, I haven’t looked back! The Digital Rental Method lets you manage properties and handle leasing activities in the comfort of your home and the best thing about it is that there aren’t any geographical limitations!

I guess that’s the power of the digital age we’re currently living in, everything can be done on your laptop, in your own home surrounded by your family.

The idea is that you create a digital property, which can be potentially be done in 3 months and then lease that out to local businesses, it’s like keeping the principles of traditional real estate investing but digitizing it.

This flexibility has truly transformed the way I approach real estate management and has opened up a world of opportunities beyond traditional boundaries.