When it comes to making money with real estate there are four primary ways investors make money from real estate.
- Having an increase in the property value
When and if the time comes for you to want to sell your property sprucing up your home to increase its value is a sound financial investment that’s worth paying for.
Or that even some talented real estate developers can turn a terrible old hotel, on a great piece of land. And transform it into a bustling shopping centre with office building pumping out considerable rents for the owner.
- Rental income collected by leasing out the property to tenants
If you own a house, apartment building, office building, hotel, or any other real estate investment, you can charge people rent in exchange for allowing them to use the property or facility.
The same can be said if you own office buildings you can lease out office space to businesses.
- Making Money from Real Estate Business Operations
Another way of making money from real estate investments involves special services and business activities. If you own a hotel, you might sell on-demand movies to your guests. If you own an office building, you might make money from vending machines and parking garages. If you own a car wash, you might make money from time-controlled vacuum cleaners.
- Make money investing in real estate with vacation rentals
Buy a house in a great tourist location, use a great property manager to rent it out for you and collect the rent. An area where vacation rentals are popular is in the small town of Clarens found in the Eastern Free State province of South Africa. There most home owners convert their residence into vacation rentals from bed and breakfast, back packers and lodges to guest house, holiday farms or country inns.
The opportunity to make money can be endless.
