With real estate, rather than using a traditional valuation multiple you use the Cap Rate, also known as the Yield in some regions, which is defined as Property NOI / Property Value. Here are some of the top real estate business ideas that you can use to tap into this lucrative market. Getting to the top of the real estate market is a goal of every real estate agent looking to make it big in the industry. Become a landlord. Again, let’s use the event I attended as an example. Another way to earn money as a real estate agent is to manage the properties for homeowners and investors. Some of the links included in this article are from our advertisers. Manage property. That person might not necessarily work at the largest brokerage, close the most transactions, or make the most money. The real money is made when these seminar-promoters convince would-be property investors to pay for the advice and guidance they offer. A successful real estate career can be a delicate balance of doing the right things at the right times. Most of the property managers get 10 per cent of the collected rent. Many new real estate agents find out very quickly; just because they have a license, doesn't mean they know how to make money in the business. Whether you're about to get your real estate license, or you're already beginning your career as a real estate agent, you'll need a plan of action. Make money in real estate with these 7 real estate business ideas. The owner of the property will pay you a percentage of the rents collected on the monthly basis. Become a real estate agent. Bottom Line: How to Make Money in Real Estate. Another popular way to earn more as a real estate agent and take your finances to the next level is by investing in real estate. Combine real estate business ideas. It only makes sense that you would use your expertise and knowledge to find investment properties that can offer you a great return and help build your portfolio. Luckily, there’s another way to invest in real estate, and it works no matter what the market does. The property … 8 Ways to Make Passive Income with Real Estate in 2020. So if the NOI is $10 million and the property’s asking price is $100 million, the Cap Rate would be 10.0%. by Christina Ethridge 8 Comments. Making money in real estate can be challenging, but there are several ways to do so successfully in addition to become a real estate agent. Real estate photography. Furthermore, the commission-only nature of most real estate agency businesses means you'll go a while without a paycheck since you have to wait for a deal to close before you can get paid. Flip property. These include investing your own money in rentals, becoming a property manager, or adding a niche market—like corporate rentals—to your portfolio. But here’s the rub: the real money is not in loaning money or investing in real estate. Using this method, Dan Young made his first million by the time he was 34. Bird-dogging.