Do you think your future as an entrepreneur may involve real estate? Well, hang on to your deeds because I’m about to show you some unconventional ways to get a piece of the real estate pie.
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- Manufactured mobile home rentals
Think caravans are only for quirky sitcom characters or horror movie settings? Think again! Manufactured caravan rentals which you could use TRU Factory Direct casemay be a low-barrier entry point into property market. These homes are often cheaper to purchase and maintain than traditional homes, and the demand for reasonably priced housing continues unabated. Place them in attractive locations and you’ll have a cash-flow-generating asset that is as mobile as the lifestyle of your potential tenants.
- Home burglary
Have you ever heard of a house being broken into? No, this does not involve hacking into someone’s digital thermostat. This is a really smart strategy where you purchase a property with multiple apartments, live in one and rent out the rest. It’s like having your cake and eating it too – you gain an investment property and dramatically reduce or even eliminate your individual housing costs!
- Vacation rentals in strange locations
While everyone else is arguing about real estate in Hawaii or Florida, set your sights on the less obvious places. Consider renting a cute cabin near a national park or a quirky houseboat on a popular lake. Sometimes the strangest properties catch the eye of vacationers looking for a unique getaway, setting you apart from a sea of standard vacation rentals.
- Reverse unusual spaces
Flipping houses is fun, but have you tried flipping something more unconventional? We are talking about old schools, barns and churches turned into wonderful homes. These properties can often be purchased for next to nothing and, with the right vision, transformed into unique living spaces that are extremely popular. Just make sure to check zoning regulations unless you would like a surprise visit from a city planner.
- Real estate for ghost hunters
Yes, you read that right. As paranormal tourism grows in popularity, marketing properties with a “haunted” history can attract thrill seekers and ghost lovers. It’s a area of interest market, but hey, the area of interest is wealthy! Just make sure to refill on sage and possibly throw in a few ghost stories as a signing bonus.
- Use local art
Bring some local culture to your venues by partnering with local artists to showcase their work. This not only supports the local art scene, but also adds a unique charm to your properties, making them more attractive to potential buyers or tenants who are looking for something beyond beige partitions.
- Offer ecological houses
As more and more people jump on the eco-friendly bandwagon, offering homes with sustainable features may be a real selling point. Solar panels, rainwater collection systems and energy-saving devices may be the ticket to attracting environmentally conscious customers.
So there you have it – some surprising ways to carve your area of interest in the real estate world that can make you perhaps a little more unique!