Unlike many businesses that are not backed by real assets, real estate investing in general is a sure way to build wealth over time.
But making money with real estate is often seen as a slow and lengthy process that requires a large upfront investment. Many investors-especially younger ones-want instant gratification.
Nikita S. Zhitov, a professional real estate investor and developer, shares numerous ways to speed up the pace of profits in this guide for real estate entrepreneurs. He explores how to:
free up hidden income by appealing property tax assessments;
create space for an ATM machines on properties;
lease rooftop areas for cell tower usage;
acquire land virtually for free through timbering and subdivisions;
sub-meter utilities to turn an uncontrollable line item expense into an income source; and
many other industry-specific tricks how to multiply equities and cashflow in your real estate holdings.
