How to Start Investing With Little Money and No Time  

Real Estate Edition

Have you ever felt like you're missing out on the potential of real estate investing because you're busy with work and family commitments? As a working parent, I can relate. Between juggling a full-time job, kids' activities, and household responsibilities, it can feel like there's never enough time or money to invest in real estate. However, I've found that there are a few easy ways to get started that require little time and money, and can help you earn passive income while you work, spend time with your family, or even sleep.

One option is to invest in REITs, which are like mutual funds for real estate. With REITs, you can invest in a diverse portfolio of properties without having to worry about managing them yourself. Even if you don't have a lot of money to invest, you can start small and gradually build up your portfolio over time. REITs are an easy and low-risk way to get started with real estate investing, regardless of your wealth class.

Another option is to try house hacking. House hacking involves buying a property with multiple units, living in one unit, and renting out the others. This can be a great way to offset your own housing costs while generating rental income. You don't need to have a lot of money saved up to get started; you can find properties that are within your budget and in up-and-coming areas that have the potential to appreciate in value over time.

Short-term rentals are another option that require little effort and can generate passive income. If you have a spare room or a vacation property that you're not using all the time, you can rent it out on Airbnb or VRBO. This can be a flexible way to earn extra income from your property without committing to a long-term tenant.

Real estate crowdfunding is also worth exploring. Crowdfunding platforms allow you to pool your money with other investors and invest in real estate projects that are managed by professionals. You can invest with as little as a few hundred dollars and get exposure to a diverse range of properties and markets. This is a great option for those who don't have the time or resources to manage properties themselves.

Finally, wholesaling is a quick and easy way to earn extra cash without having to invest a lot of money upfront. This strategy involves finding off-market properties that are priced below market value, getting them under contract, and assigning the contract to another buyer for a fee. This can be a great way to get started in real estate investing without having to deal with property management.

In summary, there are many ways to get started with real estate investing that don't require a lot of time or money. Whether you're a busy parent or a working professional, there's an option that can work for you. By exploring these strategies and finding the right one for your situation, you can start earning passive income from real estate and unlock the potential for long-term wealth creation.