Daniel Stewart

Alternative Ways to Make Money from Real Estate

When most people think of real estate investment, they automatically picture the costs involved with buying property. While that's certainly one smart way to make money, it's not the only option.

Real estate is ripe with money-making opportunities! Here are a couple of surprising alternatives you never even thought to consider!

Participate in a Real Estate Affiliate Program

Do you have a blog and consider yourself an influencer? If so, affiliate programs might be a lucrative avenue for you!

A real estate affiliate program is a type of performance-based marketing. Essentially, companies pay you to share links on your blog to their products or services. In the case of real-estate programs, it's usually to drum up attention for listings or agent services.

Whenever a member of your audience clicks on that link, you get a small commission. Affiliate programs can vary, but you may get a more significant commission if the visitor buys something or fills out a form.

It's a great way to earn additional income while still catering to the needs of your audience.

Real Estate Investment Trusts

A real estate investment trust, or REIT, is like a mutual fund for real estate assets. Companies that own multiple commercial properties will sell shares to investors. Typically, REITs are publicly traded and readily available for even novice investors.

The shares help fund the purchase of more properties. As a shareholder, you would earn income on consistent dividends.

Investor Crowdsourcing

Finally, there's investor crowdsourcing. This option is similar to buying REIT shares. The difference, however, is that you're helping to fund a specific real estate project. It could be to purchase and flip a home, buy a commercial rental building, or another type of investment.

Whatever the case may be, you essentially become a partner. As an investor, you get a piece of the profit the project generates.

Diversify and Maximize Your Earnings

You don't have to stick to traditional real estate investments to make some money. Give these alternatives a try to diversify your portfolio and watch your profits grow.

Author Resource:-

Daniel Stewart advises people about real estate, property investment, property management and affordable housing schemes. You can find his thoughts at apartment investors blog.