Earn Money via Real Estate Business?

[ppalmer1179]

There is definitely potential to get a return on investment by investing in real estate. You just have to invest using profitable methods. The most profitable method of real estate investment is through rental property. You need money to begin though. To acquire the funds required, a person can participate in a joint venture with however many investors are needed.

For example, an older building with around 15 apartments in it can be purchased for approximately $500,000. If 10 people come together to buy a building like this, it would cost each person only $50,000. The 15 units can be rented out for $800 a month each, which will bring in $12,000 per month. When the monthly rent is divided among the investors, each person will get $1,200 per month. At this rate, the $50,000 investment would be returned within 3 and a half years. Everything after that would be profit.

After 4 additional years, enough money could be saved to invest another $50,000 in another building. Then the investor would be receiving 2,400 per month. By saving this money, the investor would have another $50,000 in less than 2 years. Buying another building would get the investor $3,600 per month, which will bring a return of nearly $50,000 per year.

As you should realize by reading this, a person who invests like I explained would be able to invest in a new building every year after 10 years of reinvesting all profits. Then two investments per year could be made after the 14 to 15 year mark. That would ultimately mean that the investor would see an additional income of $15,000 to $30,000 per year for every additional building they invest in. Eventually, the investor would be able to buy apartment buildings on their own.