3 ways of making the most off real estate

Augusta

VIP Contributor
Real estate is a good way of generating high income. But the truth is that you would need to adopt the best ways to get the most out of the methods adopted. The following four ways can help you make Good money from your real estate investment.

1. Long term rental service; This is one method you can use to make good money off real estate investment. When once your location is right people would be willing to rent your place long term and the price is always high.

2. vacation rentals: This is another good way of making good money off real estate, you can't imagine how much you would make if you design your place for rental only for those on vacation. You would charge higher especially if the area is In the urban centre.

3. become a commercial real estate agent: You can make good money than others if you are into commercial real estate where you don't just flip property but also upgrade or renovate it before putting it up for sales. You would make better sales that way. So instead of just selling a house straight off after buying with little value, you add more value to make the needed high money

what do you think?
 

Rachael

Verified member
It is no more secret that the real estate business is now a venture filled with milk and honey although it has its risks and challenges. There are certain ways you could make the most off your real estate property. Some investors do purchase a land and just keep it without utilizing it before the period in which he decides to sell it off. Lands should not just be kept without making out of it. You can use it for agricultural activities or give it out to farmers to plant on it, while you receive your commissions, it is better than leaving it empty. The land can also be given out on lease for a stipulated timeframe or could be used for rental services during campaigns and other major events.

If the real estate property is a house, renting it out to tenants would be the best option depending on the location, or it could be remodeled to suit a particular venture that could yield dividends in return. There is a neighbor of mine who got a property which was originally a penthouse, guess what? he remodeled it to a mini cinema and it got lots of patronage and attention for leisure.
 

Shigobad2020

Active member
Real estate business and investment has been confirmed to be one of the best way of generating income right from the onset and the money you will be making will keep increasing as long as the population of that area keep increasing or due to the rural urban migration,
So there are various ways in which you can keep generating income for your real estate business and the first one is the long term rental services which can happened on housing estates , land and shop .
For example , you can make huge amount of money if you decided to rent your land out mostly to the telecommunications company that will rent your land for at least ten to twenty years , you can also rent out your shop for a long term .
You can also make money by building event centres like hall which people that normally do ceremony will come and rent with huge amount of money every time when there's an occasion.
 

Dora Wi

Active member
Real estate is a great way of generating income and there are a lot of different ways of investing. In general, it is not available for everyone - it takes quite a bit of starting capital.
If you don't have that, though, but you are able to qualify for a mortgage, "house hacking" can also be a great strategy - with that, you basically buy a flat/house through a mortgage, rent it out, and put the rent towards paying back the mortgage.
 
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