Secret Strategy Lets You Start Real Estate Investment Now
Beyond crowdfunding, there are other strategies to consider:
- **REITs (Real Estate Investment Trusts)**: These are companies that own, operate, or finance income-producing real estate across various sectors. Investing in REITs can provide dividend income and portfolio diversification. As of 2023, the average dividend yield for REITs is around 4.5%3.
- **House Hacking**: This involves purchasing a multi-unit property, living in one unit, and renting out the others. This strategy can help cover mortgage payments and build equity over time.
- **Fix-and-Flip**: This approach involves buying undervalued properties, renovating them, and selling them for a profit. While riskier, it can yield significant returns if executed well.