You could start real estate investing today without even owning a home or handling tenants. With so much talk of ways to make money through investments, many are turning to real estate. Real estate is a great way to build long-term wealth, and there are endless ways to begin investing.
You may have seen house flippers share new home trends, but never how to start investing. Real estate investing comes in endless shapes and forms, and you don’t need to sell your house to get started!
Real estate investing offers endless opportunities. There are many ways you can easily start investing without having to sell your home. You can start investing in real estate without selling or flipping houses, or even owning your own home!
Here is how you can start real estate investing today without having to sell your home.
1. Airbnb /Vacation Rentals
Rentals are a real estate investor’s bread and butter. Results provide monthly passive income for investors making them an important aspect of any investor’s portfolio.
While renting can have its pros and cons, it is a great way to generate income monthly. Short Term rentals offer a lot of flexibility for real estate investors, which is why more investors are hopping on this opportunity.
Thankfully, you can start renting and get a taste for being a landlord without having to own any additional properties. With the help of rental apps like Airbnb or vrbo, you can easily rent out spare bedrooms and begin to generate your own passive income.
By using rental apps, you can get a feel for how to generate passive income. Additionally, you can learn needed real estate skills, such as marketing, tenant management, and property upkeep.
Moreover, these apps make it easy to set your rental periods, and set rent rates. You can find short-term tenants (a few days) or even long-term tenants like those over a month!
Depending on your location you can even do vacation rentals and adjust for busy seasons.
If you have a spare room and are looking to get hands-on experience with real estate, try rental apps!