Real Estate and Property — page 2

People with strong credit, real cash reserves, and the patience to treat a short-term rental as a long-term illiquid investment, not a quick income play

Startup cost

$60,000 – $250,000

Monthly earnings

$0 – $6,000 / mo

First income

2 to 5 months

People with significant capital, strong underwriting judgment, and the stomach to enforce a loan and foreclose if a borrower defaults

Startup cost

$75,000 – $500,000

Monthly earnings

$500 – $15,000 / mo

First income

1 to 4 months

Experienced builders or GCs with construction knowledge, strong financing access, and the capital reserves to wait out a long build and an uncertain sale

Startup cost

$80,000 – $500,000

Monthly earnings

$0 – $25,000 / mo

First income

9 to 18 months

Capitalized, patient investors who treat it as an operating business and can handle infrastructure and tenant problems

Startup cost

$100,000 – $1,000,000

Monthly earnings

$0 – $30,000 / mo

First income

6 to 18 months

Capitalized investors or builders with patience, local zoning know-how, and the stomach for a multi-year project where money goes out for years before any comes back

Startup cost

$150,000 – $2,000,000

Monthly earnings

$0 – $20,000 / mo

First income

2 to 5 years

Experienced, well-capitalized people who understand finance and operations and want to actively build long-term equity through multifamily real estate

Startup cost

$150,000 – $750,000

Monthly earnings

$0 – $15,000 / mo

First income

6 to 18 months