If you’re looking to grow wealth over time, a good idea is to invest in real estate. By investing in real estate, you’ll have a way to create a cash flow that will set you up for the future. The only problem is that people tend to see the high price points of the real estate market and back away, thinking they can’t afford it. Buying property can tend to cost hundreds of thousands, if not more. Luckily there are options that can help you get into real estate investing if you don’t have the funds. Here are a few things you can try.

Real Estate Investment Trusts

A real estate investment trust, or REIT, is a collection of property notes or real estate companies. They can be traded on stock exchanges and even functions rather similar to a fund. REITs are great because the investments have a low barrier to entry, and sometimes there are even situations where you can start investing with less than $100. Of course, you wouldn’t own the property directly, but it’s a great way to gain exposure to real estate investments as well as adding diversity to your portfolio. 

Crowdfunding

Crowdfunding has become huge in recent years, and it’s even made its way into the world of real estate investing. Crowdfunding can allow you to invest in REITs as well as other property-related assets at a relatively low price that can allow you to get your feet wet. Crowdfunding involves joining other investors and receiving capital in proportion to how much you’ve put in. This means that hypothetically, you can start investing using crowdfunding with as little as $500. Some crowdfunding sites only offer direct investment in property projects to accredited investors, so make sure you pay attention to what you’re getting.

Invest In A Company That Has Real Estate Exposure

Sometimes an indirect approach is the best way to get into real estate investing. A good option is to invest in a company that isn’t in real estate but has some sort of connection such as managing storage units or building apartment buildings. Try thinking about the different types of companies that might have a connection to the real estate industry, and decide where you want to invest. Sometimes you can invest as little as $25 by buying fractional shares, and this can help diversify your portfolio while also adding real estate experience.

Investing in real estate may seem daunting at first, but don’t worry, there are plenty of options if you’re short on money. Try the options I’ve mentioned here, and if these don’t work for you do a little bit of research. There are plenty of ways you can get into real estate investing.