If investing is one of your New Year’s resolutions, buying real estate is a popular way to diversify your portfolio and generate passive income. As a beginner, you may feel overwhelmed by all the terminology, the market, capital, and even the risks versus rewards. If you have no idea where to start – you’re not alone. With a bit of work and dedication, you’ll be making money moves in no time. Let’s look at some common options to help you start investing in real estate.
Become a Landlord
The most hands-on, learn-as-you-go strategy to get you started is also among the most financially rewarding. Purchasing residential real estate and becoming a landlord provides attractive income and tax benefits while the property appreciates in value. Many rental…