Real estate industry is no longer in that mom-and-pop structure. These days it is in a booming shape not only in developed economies but also in developing countries such as India.
Real estate sector today offers plethora of money making opportunities to the aspiring entrepreneurs. It can turn to be one of the rewarding career path for those among you who have the following set of pre-requisites:
- Enough financial backup(Exceptions are there)
- Excellent presentable attitude
- Ability to make and nurture relationships with clients
- Hard working attitude
- Good marketing skills
Now if you think that you have the above list of pre-requisites, then here are 12 best small real estate niche business opportunities to deploy your resources and skills for:
1. PROPERTY MANAGEMENT
This type of business demands that you’ve excellent liaising skills as entering into this business means you’ll have to establish strong relationships with different kinds of people such as landlords, tenants, contractors etc and moreover you also will have to understand the laws governing landlord- tenants etc
2. PROPERTY DEVELOPMENT
This type of real estate business covers all activities ranging from buying raw land, building properties, and then selling, renting, or leasing these furnished properties. Since buying lands and building properties on them is not a small deal, this type of business is capital intensive
3. REAL ESTATE BLOGGING
If you have a sound knowledge about the real estate industry and you’re looking for ways to turn it into profit, then one of best real estate business opportunities today is to create a blog that’ll not only provide you the platform to popularize your articles, tips, advice, guides, etc but you can also earn a full-time income from it.
4. LANDSCAPING BUSINESS
Demand for landscaping services over the last few years has increased considerably not only in United States but also in the developing economies like as India. Previously it was the household market that majorly derived the demand for landscaping services but today the non household market consisting of schools and hospitals is upfront in the race.
5. LAWN CARE BUSINESS
If you love enjoying fresh air and body counting and want to turn it into money, then think of delivering lawn care services to your local residential as well as commercial properties.
6. Property Brokerage
This is the number 4th real estate business opportunity that falls in the low-cost range and operating this business demands you have high skills of bridging a connection between a property seller and buyer. Let’s put it in another way, a property broker simply acts as an intermediary between a seller and buyer of the properties and you make commission once the deal between these parties is fixed up.
7. Real Estate Magazine
There are millions of people who love to read real estate magazines in order to know what is happening in the real estate industry, what market trends are emerging and there are even more of those who seek information related to those properties that are up for sale, rent, and leasing. Just think about it, if you can capitalize on this opportunity if you can then give it a shot in your area.
8. Interior Decoration
If y’re great at beautifying and improving the interior appearance of a home, then give this skill wings by starting an interior decoration business in your community. There is enough cash that is waiting for you in this segment.
9. Wallpaper Business
The perception that wallpapers prove more attractive and less costly than wall paints is growing day by day in the minds of people. So, if you have acquired the skill of fixing wallpapers, then starting a wallpaper business is an ideal choice you can pick to earn your money.
10. House Painting
House painting service will never get dropped off from the line of high demand. Rendering a house painting services does not demand you to high investment and nor does it face high competition. The vast target market that you can serve consists of local households, commercial properties, apartment owners etc.
11. Property Cleaning
If you aren’t strong enough in your investment, just don’t give place to worry as we have one of the best real estate business ideas for you and that is starting a property cleaning business.
12. Plumbing Business
It will always be needed in our societies as it is impossible to finish up a building without plumbing. So, if you’re living up with crafty plumbing skills then one of the real estate related businesses you can consider is to start your own plumbing business.