5 Ways to Invest in Real Estate While Working Full Time
- Oakmar Group
- Apr 26, 2023
- 2 min read
Are you working full time and want to get into real estate investing? With the right strategies, you can grow your real estate portfolio without sacrificing your day job. In fact, a 2020 PWC survey found that 35% of Canadian real estate investors were employed full time. Here are five ways to invest in real estate while working full time.
1. Real Estate Crowdfunding
Crowdfunding platforms enable investors to pool their money and collectively invest in real estate projects. This is a hands-off approach to real estate investing that requires minimal time commitment. In 2019, the global real estate crowdfunding market was valued at $13.2 billion, with significant growth projected in the coming years (1). Platforms like Fundrise (US) and Addy (Canada) offer access to a diverse range of investment opportunities with relatively low entry costs.
2. Joint Partnership Investing
Partnering with other investors can help you overcome financial and time constraints. In a joint partnership, each partner contributes different resources, such as capital or expertise. By leveraging your partners' skills and experience, you can effectively invest in real estate while sharing the workload and responsibility. You can find potential partners through networking events, real estate investment clubs, or online forums. Alternatively, Oakmar Group specializes in joint partnership investing. If you're interested in exploring this type of investment, reach out to Oakmar Group to assess if a partnership could be feasible for you.
3. Leveraging Your Job for a Mortgage
Your full-time job and stable income can help you qualify for a mortgage, allowing you to invest in rental properties. According to CMHC, the average Canadian homeowner's debt-to-income ratio was 177.5% in 2020 (2). Banks typically look for stable employment and a reliable income when approving mortgage applications. As a full-time employee, you may be in a strong position to secure financing for your real estate investments.
4. Turnkey Properties
Turnkey properties are fully renovated and rent-ready, which means they require minimal work from the investor. By purchasing a turnkey property, you can start generating rental income without investing significant time in renovations or property management. Companies like Roofstock (US) and
(Canada) offer a marketplace for turnkey properties, making it easy to find suitable investments.
5. Real Estate Investment Trusts (REITs)
REITs are companies that own, operate, or finance income-producing real estate. In Canada, the total assets of publicly listed REITs reached approximately CAD 111.8 billion in 2020 (3). By investing in REITs, you can gain exposure to real estate without having to buy or manage properties yourself. REITs trade on stock exchanges, allowing investors to buy and sell shares easily. This passive form of real estate investing requires minimal time commitment and offers the potential for regular dividend income.
Investing in real estate while working full time is achievable with the right strategies. By exploring these five options, you can find the best fit for your lifestyle and financial goals. Diversify your investments, build wealth, and create passive income streams without sacrificing your full-time job.
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