As a real estate investor, you might gain an advantage in making money online over the other investors out there.
In this blog, we will discuss some of the best ways to make money online as a real estate investor. You should read on with an open mind to new possibilities and opportunities, as some of the methods on this list are highly nontraditional and might seem very unrelated to real estate investing. However, if you learn more about these methods, you’ll find that your expertise as a real estate investor could come in very handy in helping you find ways to make money online using nothing but your mouse cursor.
Airbnb Rental Properties
The first item on the list of the top ways to make money online through real estate investing is one that is purely real estate, but with a modern online twist. One of the best ways to make money online as a real estate investor is by becoming a host on Airbnb. Airbnb allows you to rent out real estate properties to short-term tenants using an online platform that is designed to help both hosts and guests (i.e., tenants) find their right match and at the right price.
Hosting on Airbnb, while still falls under real estate investing, can be both more fun and more profitable than traditional renting. This is due to the very nature of the service, as it allows hosts and tenants to build a more personal relationship, and can help you meet people from all around the world, while still making a profit through rental income.
Related: Why invest in an Airbnb investment property over a traditional?
Additionally, Airbnb rentals can be more profitable than traditional long-term rental properties in several areas. Some investors using Airbnb are making 30% higher profits than investors investing in traditional real estate properties.
But it does not stop there. Airbnb can also advertise your property on your behalf FREE OF CHARGE. This includes a free photography service than can take professional decorative pictures of your property.
When it comes to getting paid, Airbnb allows for transactions to be done online, eliminating the need to travel to your rental property in order to collect the rent. Airbnb will handle the process of collecting rents from guests and will wire the money straight to your bank account.
However, if you’re looking to invest in Airbnb without getting involved or being present at your income property’s location, then you might want to consider professional property management to handle the different aspects of your investment property for you. This includes tasks such as maintaining the property, tending to the tenants, restocking disposables, answering guests’ inquiries, and many other tasks that you would otherwise have to take care of.
Related: The Ultimate Guide to the Airbnb Investment Property
Before investing in Airbnb rental properties, make sure to look up your state’s laws and regulations regarding Airbnb, as some states have issued certain restrictions on Airbnb investment, such as raising the requirements for acquiring a permit.
For more information and analytics on Airbnb properties, visit Mashvisor.com.
FundRise
One of the most innovative and unique ways for investing in real estate, Fundrise is an online platform that acts as an eREIT (Trademarked by Fundrise), allowing real estate investors to invest in any type of real estate online, helping them diversify their investments with a function that is very similar to investing in the stock market.
Real estate investors who had discovered Fundrise years ago had the opportunity to take part in financing the $2 billion iconic 3 World Trade Center skyscraper. This shows the potential and scale of investing in Fundrise, as it allows you to invest in the largest real estate projects without having to rely on a high net worth or putting down a large sum of cash.
If you’re looking to invest in real estate online while also reaching the full potential of real estate investing, I would highly recommend that you visit Fundrise.com and check out their services and the opportunities that are available with them.
Virtual Real Estate (Websites)
When it comes to the different ways to make money online, one cannot simply ignore real estate that only exists online.
Virtual real estate investing, in simple words, is the process of trading and investing in website and domain names.
Website: the content of a webpage.
Domain: the name of the website.
Investing in virtual real estate is very similar to investing in stocks and shares in that you’re not investing in something tangible, but rather in a digital property made out of 1s and 0s.
Related: 4 Real Estate Investment Trends That Have Changed Throughout the Years
The process of investing in virtual real estate involves some similar processes and considerations to the ones used for normal real estate investing.
In order to make money online through investing in virtual real estate, you will first need to know how to analyze, evaluate, and determine the value of the property (website). The value of virtual real estate is mostly based on the website’s traffic and visits, which are the main aspects in determining the website’s possible earnings.
Investing in websites and domains as one of the ways to make money online can be achieved through different strategies.
You can, for example, purchase a virtual property and hold on to it for a while until the property’s value increases, before selling it again for a higher price to earn a profit.
Alternatively, you can find more ways to make money online through virtual property affiliate marketing. This process includes attracting and redirecting customers to the website you’re invested in through ads or other websites.
Virtual Real Estate (Games)
Another way to make money online using your expertise in real estate is through real estate that exists in virtual worlds. Even though looking for ways to make money online is a relatively new concept, investing in real estate that exists in a virtual world is a whole new level of what’s new and what’s not. In the wake of the age of computers, and the rising technologies of virtual and augmented reality, it is perfectly justified for real estate investors to start looking for investment opportunities in these new virtual worlds.
But the concept of real estate and investing in it isn’t something new in the virtual digital worlds of video games. There exist a number of video games that users can use to make an investment and generate a profit. The game Second Life for example offers you a virtual platform that simulates the real world with its own sets of unique rules and laws, but it also provides a “virtual space” that can be owned and traded with by the players.
This allowed a number of real estate investors, such as Anshe Chung, to use their real life knowledge of real estate investing to buy pieces of virtual lands, build virtual real estate properties on them, and sell them out to real people using virtual avatars in a virtual world. Anshe Chung made millions of dollars.
While this might seem too unreal to be true, it isn’t. It’s just virtual.
Conclusion
There exist many ways to make money online as a real estate investor. Some are purely real estate related, such as Airbnb, while others are more extreme virtual versions of the real estate market, such as the game Second Life. Whichever your method of investment is, make sure to visit our website at Mashvisor, where you can find more blogs and guides related to all aspects of real estate investing, in addition to some powerful investment tools including an investment property calculator than can optimize your real-life real estate investment strategies and help you generate significant profits.