You don’t need to invest in real estate to begin making money from it. There are many paths that will help you earn income while you learn and grow, in preparation for when you are prepared to jump in and begin investing.
Real Estate Agent, Residential- Many people often overlook this option, as it technically isn’t an “investment,” but becoming a real estate agent may help you earn income each month while giving you the tools to supercharge your investing side-career.
Real Estate Agent, Commercial – Primarily assists buyers in purchasing businesses, buildings, and other commercial ventures.
Mortgage Lender, Residential – Working on the loan side will give you huge insight into the math that makes investing work – as well as significant contacts to the big players in your area. Usually lenders work for one institution, such as the Housing Finance, commercial banks, or others.
Mortgage Lender, Commercial – Same as above, but on the commercial side.
Property Valuer – A valuer works with lenders to determine the value of a piece of property. Working as an valuer will give you in-depth experience in determining how much a property is worth.
Title/Escrow Agent – The Title and/or Escrow agent makes sure all the parts fit together to make a sale happen. By working in this field, you can get an inside look at what happens in the background during every real estate transaction.
Real Estate Attorney – A lawyer who helps the investor stay protected and within the confines of the law.
Real Estate Accountant – An accountant is able to see first hand the math behind a real estate investment.
Contracting – Nothing will give you a better idea of what it takes to remodel a home than actually being the person remodeling it.
Flip Project Manager – By working side-by-side with a house flipper as the project manager, you can be involved in every aspect of the deal, learn the business from the inside, and make valuable relationships without investing any of your own money.
Real Estate Marketer – A real estate marketer works with investors to find leads. From online listing like Makaobora to bandit signs and more, a marketer can be a valuable part of an investment team.
Property Manager, Residential – Many investors don’t want to manage their property so they turn to property managers to look after their property.
Property Manager, Commercial – Most commercial owners don’t manage their own properties but rely on commercial managers to take care of their investment.
Resident Manager – Often times apartment owners and property managers will trade free-rent in exchange for a tenant to look after the place, collect rent, do maintenance repairs, and essentially “manage” from within the complex. This can be an excellent way for a young person to learn the investing game without losing any money (and actually making some).