How to Invest in Real Estate WHILE in College (It’s Possible!)
Summary
This article discusses how a college student built a sizable real estate portfolio by focusing on Section 8 rentals and building a strong team. Hosts can learn from this approach by focusing on market research, finding deals, and assembling a reliable team to manage properties effectively, even remotely.
Key Insights
- •The investor used the Section 8 investing strategy to mitigate risk and earn consistent rent checks, earning over $600 in monthly cash flow.
- •The investor built a team including a real estate agent and used cold calling to find someone to help them, and then used them to build the rest of their team.
Action Items
- ✓Hosts should prioritize thorough market research to find affordable properties in high-demand areas.Effort: mediumImpact: medium
- ✓Consider building a reliable team, including a real estate agent, lenders, and contractors to manage properties.Effort: mediumImpact: high
Tools & Resources
- →BiggerPockets: The investor used the BiggerPockets website.(biggerpockets.com)
More from Getting Started
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The short-term rental market's growth is slowing, according to eKathimerini.com. This shift may affect occupancy rates and revenue for hosts. Understanding market trends is crucial for adapting pricing and marketing strategies, ensuring continued profitability.
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