Three Ways to Make a Lot of Money
1. Purchasing short-term rental propertiesMany people's travel habits have changed as a result of the COVID-19 outbreak.
Short-term rentals have gained in popularity in recent years as tourists have evolved to favour space and solitude over the services that hotels typically provide.
2. House flipping
Flipping houses is a dangerous business to get into if you don't know what you're doing.
However, if you buy houses at the proper price and refurbish them cheaply, you can earn a lot of money in the house-flipping business.
3. Investing in real estate investment trusts (REITs)The only way to generate money in real estate is to own or renovate tangible properties.
If you take this method, be prepared to hold your REITs for a long time. This will allow your shares to rise in value over time.