Interested in the lucrative world of property investment and how it can help you to achieve passive income generation? You’ve come to the right place.
At The Mistoria Group, we have years of invaluable experience helping our clients to make money this way using a variety of property investment avenues.
Below, we explain some of the different ways that you can make a passive income and invest in real estate. From buy-to-let (BTL) properties to HMOs (Houses of Multiple Occupation) and passive investment in real estate, join us to find out more about each of these passive income generation avenues.
What is passive income?
Passive income refers to the generation of a regular income from a source other than an employer or contractor. Instead, this income often requires minimal time or effort to sustain, and can be obtained from investments, real estate, and interest earned on savings.
While passive income can be enough to financially support some individuals, a route of passive income is often supplemented by either a side job or full-time, regular employment.
Investing in real estate is just one way of generating a passive income.
How to make passive income from property
Passive real estate investing is all about making money with minimum effort and it’s no secret that property investment is one of the most common ways to generate a passive income, but which type of property investment is likely to make the most?
We take a closer look at some of the most appealing passive income property investment opportunities below.
Passive income property opportunities
Passive investment in real estate
Passive investment in real estate is designed to ensure the investor exerts minimal effort, but still reaps the rewards. Typically, passive real estate investing involves routes like real estate investment trusts (REITs), crowdfunding, and remote ownership.
REITs allow the provider to invest in a group of properties (instead of stocks) on your behalf, helping you to benefit from rental income and price appreciation without the same time and effort involved in becoming a landlord.
Become a hands-free landlord
Between BTL, HMO, and commercial property, there’s plenty of opportunity for aspiring landlords to explore the rental market. However, each type of property investment has its own advantages and risks. For example, BTLs are ideal for leveraging, while HMOs tend to generate a higher rental income.
Commercial property can also help you to save money on building insurance, property taxes, and maintenance costs, while short-term serviced accommodation can also increase rental returns compared to standard BTL properties.
However, it’s well worth exploring the risks of each property investment avenue first.
In many cases, you can hire a property manager if you want to be less hands-on, helping you to generate a more passive income.
Mistakes to avoid if you want to make passive income from property
One of the biggest mistakes you can make when investing in real estate with a view to generating a passive income is to invest before you’ve settled on a solid strategy. Developing a long-term and realistic property investment strategy is crucial.
Fortunately, the expert team of property professionals at The Mistoria Group can help you to develop a clear property investment strategy, giving you vital information regarding potential rental yields and acting as your personal consultant.
Another key mistake many new landlords make is investing in property alone. Seeking the right advice and enlisting help with managing the property is crucial if you want to enjoy a truly passive income from property.
While this approach will require less time and effort from yourself as a landlord, it comes at a cost, so it’s important to factor in these additional fees when you’re considering investing in property.
Invest in real estate today
Supported and guided by professional advice from the property investment experts at The Mistoria Group, you can begin your journey to passive income generation today.
Our property investment services are provided by expert estate agents and property investment professionals to help deliver the best results for our valued clients.
Based in the North West of England, we’ve opened Mistoria Group branches in Bolton, Liverpool, and Salford to provide clients across the UK with professional property investment support.
Regardless of which property investment avenue you’re interested in, we can help you to capitalise on HMO, commercial, BTL, and student housing property investments.
While you’re never far from your closest Mistoria office, you can contact our team instantly by giving us a call on 0800 500 3015. Alternatively, you can also get in touch by sending your enquiry to firstname.lastname@example.org or using our online contact form.
Upon receiving your passive income generation enquiry, our friendly team will be in touch shortly to learn more about your real estate interests and goals.