• Skip to main content
  • Skip to primary sidebar

Cade Hildreth

Everything You SHOULD'VE Been Taught in School.

MENUMENU
  • Blog
  • Finance
    • Cryptocurrency
    • Real Estate
    • Gold and Silver
    • Investing
    • Increasing Income
    • Financial Q&A
  • Real Estate
  • Health
    • Fitness
    • Nutrition
    • Confidence
  • LGBTQ+
  • Podcast
    • "What You Should've Been Taught"
    • Audio Feed of the Website
    • Ask a Podcast Question
  • About
    • Testimonials
    • About Cade
    • Rugby Bio
    • Instagram
    • Contact
You are here: Home / Finance / Real Estate / 7 Real Estate Investing Strategies Anyone Can Use to Get Rich
7 Real Estate Investing Strategies Anyone Can Use to Get Rich

7 Real Estate Investing Strategies Anyone Can Use to Get Rich

January 1, 2021 By Cade Hildreth Leave a Comment

If you’re considering getting involved in this business, there are a number of different real estate investing strategies for you to consider. This begs the question, which ones are the most lucrative?

When you take both existing homes and new builds into account, 6.5 million homes were bought and sold in America last year and an projected 7.1 million will trade hands this year.

While many of these transactions represented a move of residence, many more were investments. Real estate investment is big business in America, and residential property is only one slice of this very large pie.

The great thing about real estate investing is that anyone can do it. You don’t need a college degree, a high GPA, or the right family connections.

Below I explain seven ways anyone can get rich using the real estate investment strategies described below.

1. Buy & Hold

One of the secrets of real estate investment is timing. If you buy at the right time, you’ll increase the value of your investment massively.

With the buy and hold approach, you aim to get a good deal on a property now and selling it later for a profit. Personally, this is my very favorite real estate strategy, because I like to buy turn-key properties that I can rent out (at a profit) from the day I take ownership.

Because rents usually rise over time while a fixed-rate mortgage will stay fixed, this approach is an effective way to collect cash flow that grows larger each year you own the property.

2. Buy, Rehab, Rent, Refinance (BRRR)

You can glean the basics of this strategy simply by looking at its name. You buy a property, carry out any necessary repairs or maintenance work, rent it out, and then refinance this property after a time in order to buy a second.

The key to this strategy is in the building up of equity during the renting phase. By increasing the value of your property in this way, you create the potential for greater value each time you refinance.

It is important to observe market trends when attempting this strategy. A drop in property market values could seriously hurt the value of your investment.

If you execute this strategy properly over time, there is a potential for huge growth.

Many people repeat this strategy multiple times, growing a small initial investment into a property empire. This is known as “Buy, Rehab, Rent, Refinance, Repeat,” (BRRRR).

3. Fixing & Flipping Homes

If you live in an area where property demand is running high, this can be a great way to make money.

Fixing and flipping involves buying a property whose value is diminished due to lack of maintenance, fixing what’s wrong with it, and selling it for a profit.

The issues in question might be poor paintwork, structural failures, or a lack of garden maintenance. These factors will put time-poor buyers off but can add huge value for an investor who’s willing to put in some work.

This strategy relies on demand and rising prices. Along with the value your maintenance work will add, you’ll usually be relying on inflation from the market as well.

Just be aware, the IRS classifies house flipping as active income and will tax your profit at a rate of 10% to 37%. This is higher than the capital gain tax rate of 0% to 20% that you’d pay for properties held for a year or longer.

4. Short-Term Accommodation (AirBnB)

Online accommodation providers like Airbnb have brought about an explosion in this kind of property investment in recent years. You rent out your property for short periods, typically a few days to a few weeks, then clean up after your guests before the next ones come along.

One of the key advantages here is that you don’t have to invest anything in many cases. If you have a spare room or area in your house that you don’t use, you can start renting it out to short-term tenants.

If you have a stand-alone house, this can be a major source of income as people will pay high rates to get on-demand access to a private home and yard during their travels.

Personally, I own a beach house that I rent out for short-term accommodation and it has been a phenomenal investment, particularly during the COVID crisis.

5. Running a Guesthouse (Bed & Breakfast)

This is probably the most labor-intensive option on this list. In truth, it’s probably going to be your full-time job if you decide to pursue it.

However, if you have a nice property in a good area (particularly one with a lot of tourism) it could be a great money-maker.

If you have a background in hospitality, or you just enjoy meeting and interacting with people, this could be the right fit for you.

6. Crowd-Sourced Real Estate Investing

This is a viable option for anyone who wants to invest in real estate but doesn’t have the resources required to buy a property outright.

By buying into a crowd-sourced real estate investing company, you can team up with others in your position to pool resources and make a property investment. You can pursue this investment option with as little as 500 dollars.

This investment strategy is quite new to private investors. Until the initiation of the JOBS Act, non-accredited investors (those with a net worth of less than $1 million and annual earnings of less than $200,000 for the previous two years) could not invest in crowdfunding companies.

Since 2016, however, more and more private investors have been adding these companies to their portfolio. If you’re interested in this option, you can get started with Fundrise for as little as $500.

7. Commercial Leasing

Commercial properties include apartments, office space, retail space, industrial space, mobile home communities, and in some cases, land.

As an investor, commercial leasing has many of the same features as buying to rent. However, there are also important differences.

Firstly, commercial property generally costs more to buy. Commercial tenants also tend to have special requirements that residential tenants do not.

Additionally, not all banks will finance commercial properties. This can cause the mortgage process can be more involved and you will usually need to put 20-30% down.

On the upside, disputes with commercial tenants are rare and easier to resolve when they do arise.

Because commercial tenants are businesses, they are assumed to have an understanding of the risks of what they’re doing. Thus, courts usually act swiftly to evict them when they fail to pay rent or breach lease terms.

Real Estate Investing Strategies

Real estate is currently in the midst of a unusual market cycle that has sent residential home prices soaring.

However, the COVID-19 pandemic has also created pockets of opportunity. The best real estate investing strategies will seek to make use of this recession, rather than avoiding it.

Want to stay in the loop? Join nearly two million other readers who are learning how to increase income, invest for cash flow, skyrocket confidence, and so much more.
Are we connected on social media? If not, let’s make it happen:
Instagram
| TikTok | Twitter | Facebook | Pinterest | Podcast
4.9/5 - (27 votes)

Share this:

  • Click to share on Twitter (Opens in new window)
  • Click to share on Facebook (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)

Filed Under: Finance, Real Estate

Reader Interactions

Tell Us What You Think! Cancel reply

Primary Sidebar

  • Instagram
  • Twitter
  • Facebook
  • LinkedIn
  • Pinterest
  • TikTok

“As an LGBTQ+ entrepreneur, real estate investor, former USA Rugby Player, and fitness fanatic, I’ll teach you what your parents and teachers should’ve taught you, but didn’t know themselves.” -Cade Hildreth

Want to know what I learned making my first few million? Subscribe here.

Or, listen to Cade’s articles on the go as a Podcast.

Because it’s the New Year, let’s talk about ch Because it’s the New Year, let’s talk about change...

For a long time, I’ve thought about top surgery. I remember when I was 6 or 7 years old when I wanted to run around outside on a hot, sunny day with my shirt off…and I first saw my parents… hesitate. Ughh. 

It wasn’t their fault but I still remember that heart wrenching feeling. To their credit, they ultimately said, “Ok, go do it!” While I did “do it”, I remember the feeling of shame that crept in.

Over the years, being in affirming sporting/rugby circles helped suppress the urge to get top surgery, but it never quite “stayed down.”

So last summer I got keyhole #topsurgery. I’ll talk about recovery in another post because it was definitely weird to not strength train for months.

But in THIS post, I want to share two things:

1. I am SO grateful to my wife Erin for being the supportive and growth oriented partner that she is. 🥰🙏❤️ 

She is now following her call to get a divinity degree and she’s already working in ministry as a Pastor in Training at an incredible, inclusive Presbyterian church here in Virginia. I am grateful to her for supporting me as I become more and more of who I am—and I’m enjoying watching her do the same! Love you, babe!

2. Second, I’m grateful to get to share who I am with my family. This summer we took a trip to Madden’s resort in MN to celebrate my parent’s 50th wedding anniversary. (It was actually their 52nd, because we had to postpone it twice due to Covid.)

I was nervous to be in the pools and lakes around them, but I could feel it was my only choice because I knew I wanted them to “know me”. And, how could that happen if I “hid me”?

Ultimately, I have to tell you…it was freeing to be me, as I am, who I am. 

I had the BEST time splashing around and biking and goofing around with my wife, niece, nephew, & sister. 🌊🏖🐟

So, I suppose, this is a gratitude post to thank those who have supported me over the years as I become more and more of who I am. 

Top of that list is my wife, Erin, but there are countless others. ❤️

If you’re reading this, thank YOU for being one of those people in my life too. I am deeply grateful. 🥹
.
.
#lgbtqfamily #nonbinary
How to set a boundary? 🤔 . . . . #lgbtqia #lgb How to set a boundary? 🤔 
.
.
.
.
#lgbtqia #lgbtqcommunity #emotionalhealth
What do you do if you’re telling a past story ab What do you do if you’re telling a past story about someone who has transitioned? 🤔 Share a 💯 if you agree ➡️🏳️‍⚧️🏳️‍🌈
7 things I got clarity on in 2022: 1. Good and b 7 things I got clarity on in 2022: 

1. Good and bad are labels. All things are experiences. 

2. Maturity is taking full responsibility for oneself. 

3. Having a loving, conscious relationship with myself is a core value. 

4. Emotions do not mean that anything has to be done. 

5. When I am in congruence with what I want, I have it. 

6. I have permission from myself to stop doing anything that doesn’t lead to my peace and empowerment. 

7. Stepping toward emotions and being able to feel them is a superpower. It determines the quality of my life. 

(Are there any above that you’d like me to further explain?)
 
Most importantly, which # above resonates with you? ⬆️

Happy New Year, y’all! 🎊🥳
.
.
.
.

#lgbtqcommunity #lgbtqiaplus #lgbtsupport #nonbinary #trans #selfgrowth
Interview with Jenny Nguyen, Founder of the Sports Interview with Jenny Nguyen, Founder of the Sports Bra—The World's 1st Bar to Only Play Women's Sports - shorturl.at/doGHZ

I'm excited to introduce you to today's #podcast guest, Jenny Nguyen, who is a professional chef, elite athlete, and entrepreneur.

I invited Jenny onto the podcast because she has done something extraordinary that is long overdue: She has opened up a sports bar that exclusively plays women's sports!

Despite extensive research, Jenny hasn't found another sports bar worldwide that ONLY plays women’s sports.

Given that it's nearly 2023, this is mind-blowing. As a lifelong athlete, I find her vision compelling and inspiring.

Aptly called the "The Sports Bra", the venue is putting Jenny's culinary skills on display alongside women's sports worldwide.

The Sports Bar has taken its mission a even further by partnering with and elevating other local, women-owned businesses.

Specifically, it:

1. Sources its grass-fed beef from @CarmanRanch, an ranch run by Cory Carman, a third gen rancher out of Wallowa, Oregon).

2. Sources its alcohol from Freeland Spirits, an all-women owned and operated distillery out of NW Portland.

3. Has furniture built by @girlsbuild_org, a non-profit organization headed by @ktmhughes in Portland, OR, that teaches carpentry and construction skills to young girls as a path to empowerment.

Since opening the Sports Bra this April, people have come from ALL over the U.S. and the world to experience it—including many professional female athletes.

To learn more about Jenny as she makes history, features women's sports, and elevates women-run businesses, listen to the episode here:

shorturl.at/doGHZ

Or, you can check out the Sports Bra at:

@thesportsbrapdx
TheSportsBraPDX.com/

Have you heard of the Sports Bra or been out to experience it in person?

#lgbtqiaplus #womenownedbusiness #lgbgtqia #lgbtqcommunity #womenssports #womeninsport
Over this recent holiday stretch, we… - enjoye Over this recent holiday stretch, we… 

- enjoyed some quiet time at home
- got a sauna delivered (but not yet installed)
- decorated for the holidays
- baked a bunch
- visited our favorite farm
- did some sight seeing
- and perhaps, most importantly, survived the cold snap along with our feather friends (who lived in the garage for a few days so we could heat them with a space heater) 🥶🐔

How have the holidays treated you…and did you get hit by the winter storms? ❤️🎁☃️❄️
Load More... Follow on Instagram

Recent Posts

Gender Spectrum

The Gender Spectrum: A Scientist Explains Why Gender Isn’t Binary

Laith Ashley

Transgender Model Laith Ashley: 11 Fascinating Facts

Real Estate Syndicators

Master List of Real Estate Syndicators for 2023

Pride Flags

Beyond the Rainbow: Your Ultimate Guide to Pride Flags

Nonbinary

What is Nonbinary Gender? On Being Both, Beyond, and In-Between

Categories

  • Biohacking
  • Confidence
  • Cryptocurrency
  • Entrepreneurship
  • Exclude
  • Finance
  • Fitness
  • Gold and Silver
  • Increasing Income
  • Investing
  • LGBTQ+
  • Nutrition
  • Podcast
  • Real Estate

Ask a Podcast Question | Contact Us | Terms of Use | Privacy Policy

COPYRIGHT © 2019 · CADEHILDRETH.COM | PHONE: ‪(202) 660-4705‬  | 800 CORPORATE DRIVE, SUITE 301, STAFFORD, VA 22554, USA

 

*Disclaimer: Nothing on this site should be construed as medical, health, or financial advice. Before making any health decisions, you should consult with your doctor. Before making any financial decisions, you should consult with professional adviser, such as a financial planner or CPA.