Reviewing the list of income-producing assets backed by collateral, real estate typically features high. In fact, real estate is one of the best ways to build generational wealth.
Flipping houses involve buying a home, fixing it up, and selling for a profit. Spending money to buy and fix a place with little or no money is challenging.
Buy-Rehab-Rent-Refinance-Repeat (BRRRR)BRRRR is a combination of the flipping and the “buy and hold” method. The acronym stands for Buy-Rehab-Rent-Refinance-Repeat.
House Hacking
House hacking is a strategy where you live in one part of the house and rent out the others. This is the ideal strategy for an individual who wants to invest in real estate with little or no money.
Using a master lease, you can operate an Airbnb without owning a house. Most landlords prefer long term rentals since they do not want to deal with Airbnb guests.