How to Start Earning Real Estate Passive Income for Around $100
Investing in a rental property can be a great way to generate some passive income. However, there are pitfalls to buying a rental property. The cost of purchasing a property and making it rental ready can be out of reach for many beginning investors. Meanwhile, owning a rental property isn't as passive as it might seem. Dealing with delinquent tenants and unexpected repairs can turn a rental property from a money maker into a money pit.
A better option for beginners is to invest in a real estate investment trust (REIT). These professionally managed entities typically own a portfolio of income-producing rental properties. They pay their investors dividends, enabling them to enjoy truly passive income from real estate. Many REITs have relatively low share prices, making them very accessible for beginning investors. Camden Property Trust (NYSE: CPT) is a great option for those just starting out. Shares of the REIT only cost about $112.
Camden Property Trust is a residential REIT with a diversified rental housing portfolio:
Source Fool.com
