The real estate market can be lucrative, especially if you’re smart and motivated. There are many ways to make money in real estate, but some of the most rewarding methods are fairly non-traditional. In fact, they’re quite unconventional (although some might call them crazy). Although these tactics aren’t likely to make you a million dollars overnight, they could very well pay off if you stay committed and have enough capital to start out with. Here are 8 unique ways to make money in real estate that you haven’t thought of yet.
1) Write and sell an ebook
Investing in the real estate market doesn’t just have to be limited to buying and selling, but can include some passive income generation as well. With the volatility of stock markets being a common concern, consider adding real estate options into your portfolio as an alternative investment.
2) Use your knowledge to teach classes
You can also give classes, like how to prepare for an upcoming test and become a CPA. Use what you know about the subject and just present it in a way that is clear and easy for others to understand. This can be especially helpful for people who want advice about planning but don’t know where to turn or which questions to ask.
3) Sell an informational product
One of the best ways to make money as an investor is by flipping houses. If you want a complete guide for finding and fixing up properties, then you should check out Property Flipper Academy. Not only will you learn about making the initial investment, but you’ll get valuable information about how to rent the property and deal with buyers when selling it at a profit.
4) Launch a podcast
How do you make money in the world of real estate? Well, I’m glad you asked! Over the next few minutes, I will be diving into five unique ways to make money and it’ll change how you approach your next investment! Let’s dive right in.
5) Start a real estate blog
Investing in real estate is a great way to build wealth. But when you’re just starting out, it can be hard to know how and where to begin. To make the process easier for new investors, why not start a blog?
If your blog becomes popular enough you could monetize it by selling advertising space or partnering with companies like Zillow or Trulia. Alternatively, you might offer to consult services through your blog.
Many bloggers also make money from affiliate marketing programs like Amazon’s Associate’s program which pays them a percentage of any sale they send their way. By blogging about real estate topics, you can also get free leads!