Making Extra Income By Investing Into Real Estate

By • Oct 7th, 2010 • Category: Make Money

Investing into real estate can be a fantastic way of making some extra income.  And while it may take work and some extra time to do it really can be worth it.Here are a few different ways to make some extra side income by investing into real estate.

1.       Become a Landlord

If you are starting to invest into real estate this is a great way to start.You just need to buy a property and then rent it out to another person.The difference between what the rent money that you collect and what all your bills such as mortgage and repairs are would be your profit.

And that difference only increases as you pay off the mortgage and the price of rent goes up every few years.So, it is a long term approach, but at the end it can bring you a lot of passive income.

2.       Flipping Houses

This is a simply strategy.  You look for houses that are cheap, buy them, fix them up a little, and then resale them for more.  House flipping can be very profitable if it is done right, but also a lot of work.

3.       Tax Liens

Finally you can invest your money into real estate and make an income for yourself by Buying Tax Liens for High Investment Returns.  Tax liens are a little different than other investment options.

When somebody does not pay their taxes those taxes get turned into tax liens and are auctioned off.  If you buy a tax lien then you will be reimbursed at a later date with a higher investment return added onto it after the money is eventually received from the tax payer.

If they do not pay their taxes by a certain date the IRS takes their house and gives it to you, the investor who did pay the taxes.

So, if you only buy tax liens from people who own properties worth more than their taxes then either way you are going to make money.  If you do your research it is a no risk way of making some extra money.

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