How to Start Collecting Passive Income From Real Estate For Less Than $60

Investing in real estate can be an excellent way to generate passive income. The great news is that you don't need much money to get started. While buying a rental property could set you back more than $100,000 after factoring in the down payment, closing costs, and repairs, other real estate investments have a much, much lower initial investment.Real estate investment trusts (REITs) offer some of the lowest investment minimums. For example, it costs less than $60 to buy a share of Realty Income (NYSE: O) or W.P. Carey (NYSE: WPC), which both offer attractive passive income streams. You can buy more shares as you have additional cash to invest, slowly building your passive dividend income. Realty Income is one of the biggest REITs in the world. It owns about 15,450 properties across the U.S. and Europe. The company has a diversified commercial real estate portfolio featuring retail properties, which makes up 79.4% of its annual base rent; industrial properties, at 14.6%; gaming properties, at 3.2%; and other properties, at 2.8%. The company owns properties net leased to many of the world's leading companies. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool