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| Society (Photo credit: ultrakml) |
Are
you kidding? Is this even a real comparison? Ok, I admit that it’s
a huge stretch, but as both a real estate investor and a blogger sometimes I
wonder which one I should spend more time working on.
A
lot of beginning real estate investors buy investments that yield negative cash
flow betting on appreciation to make their investment worthwhile. Many
are happy that they just breakeven on a month to month basis. In fact, cash
flow $100 to $200 per month is considered a great investment by some.
If
you consider the effort and capital required to squeak out a mere $100 per
month it makes you wonder if you should just put all that effort into a
blog. After all, I contend that making $100/mo blogging ($3.33/day) is a
very achievable goal within a month.
When
purchasing a property an investor would put thousands of
dollars down, pay closings costs, advertise the property, getting a
renter, collect rents, etc… in order to make $100/mo positive cash flow.
As
a blogger, startup costs are virtually nothing. It takes about 3 minutes
to get into this business. Your main asset here is your brain
power. You are in total control of this business and your operating costs
are just your time and brain thoughts.
With
real estate, on a single family home you cannot increase your cash flow
significantly. You have to rely on market conditions and there is a lot
more risk than blogging.
I’m
not saying that you should invest in blogging rather than real estate.
However, I do believe that a person who is looking to gain some semi-passive
income in the form of a few hundred dollars a month should looking into
blogging. Blogging is virtually no risk and is truly a work from home
job. Everyone has a hobby or passion that they can write about.
There are readers and advertisers for every topic.
