If you’re intrigued by the real estate market but don’t have any experience, it can be intimidating to commit to it for a career. You may not be sure if you want to quit your current full-time job or invest time and money in an industry that may not turn out to be right for you. The best ways for beginners to break into real estate are about dipping in a toe before jumping in entirely. These are a few options that might be just your speed.
Look for real estate blogs that need unique content or freelance writing opportunities. As you research topics, you’ll be teaching yourself the business and even the vagaries of the market you’re interested in. Interview other real estate professionals for your articles and reach out to other websites. If this isn’t your niche, it’ll give you some expertise to practice what you preach and some contacts to help you get started in the industry.
Network With Professionals
Real estate agents always need help with open houses, paperwork, mailings, scheduling, and more. Find one you can assist, either as a side hustle or in a trainee-mentor relationship. You’ll get a good glimpse of how the office works without having to officially join it. Sign up for an investment club and meet some experienced industry folks. You can even chat with neighbors and friends on social media. They can hook you up with other pros and possible entrees to the business. Pro tip: Don’t attend those “free” seminars with “just a few seats left” to meet more real estate players; they’re trying to talk you into significant money commitments for more opportunities and strategies.
Buy a Rental Property
If you can muster up a down payment for a rental property, you’ll be learning the real estate business inside and out while being your own boss. Do it right, and the rent can pay off the unit’s mortgage and leave you a little profit, too. There are plenty of benefits to becoming a landlord, and it’s a solid bet for an investment. It could give you the experience to rent commercial property, work in property management, or even build up a little empire of additional rental properties. It’s possible to hold down a day job while overseeing a rental situation, and it’s one of the best ways for beginners to break into real estate without committing to it for a career permanently. If it’s not your thing, you can just sell and try something else.