Virtual Real Estate (VRE) is undoubtedly the new frontier that you have to master. In many ways it is similar to real estate, but requires very little investment to get started. If you can create substantial virtual real estate the right way, you can transform your financial life.
VRE complements your real estate investment strategy. It can provide you with the cash flow you need to finance your real estate investments and build long-term wealth.
I started investing in real estate in the early 1980s. Slowly but steadily it changed the financial outcome of my life. It took me almost three decades to get to where I am today.
The biggest problem I have found with real estate investing is cash flow. It took time for my investments to grow and provide me with the passive cash flow I dreamed of when I started.
It is the cash flow that gives us lifestyle. It doesn’t make sense to have millions of dollars in properties that give little or no cash flow. In most cases, investors have to take money out of their pockets to maintain their real estate portfolio. This puts a strain on your finances and lifestyle in the short term.
I have faced a severe cash flow crisis when the real estate market crashed. During these periods I looked for other business opportunities to bail me out.
Throughout my life I have looked for opportunities that give passive income. My philosophy is that you should work once and get paid over and over again for a lifetime and beyond. That is why investing in property interested me from the beginning.
There’s nothing like VRE when it comes to generating passive income with flexibility of time and place. It’s a dream business with no employees and related headache. You can operate your business in your pajamas. It can provide you with passive cash flow to support your dream lifestyle and finance your real estate investments.
Although real estate is one of the most stable and profitable investment opportunities available, Virtual Real Estate is the new gold rush. The revolution is happening before our eyes with new millionaires being created every minute, even as you read this article. It’s just the beginning of the new wave of wealth creation. Such a unique opportunity happens only once or twice in your life. You will have to seize this opportunity with both hands or you will regret it for the rest of your life.
What is Virtual Real Estate?
VRE (virtual real estate) is a term you should be familiar with, because you’ll be hearing a lot more about it in the years to come.
I’m not talking about land, houses, hotels, warehouses or even office buildings…
I’m talking about websites.
VRE consists of websites that take up space on the World Wide Web, and just like real estate in the offline world, it can generate income for its owners.
Properties may differ by types, sizes, and quality. A beautiful beachfront home is a better long-term investment than a mobile home in a trailer park.
The same is true in the world of VRE. Some websites are much more lucrative than others. Some provide their owners with a healthy stream of long-term passive income, while others never turn profitable.
The main reason why people fail at internet marketing is because they promote other people’s website and products. They promote self-replicating websites that help the main website owner and not themselves. They waste time, effort, and money selling affiliate products or getting into network marketing.
The only way you can make money online is to create Virtual Real Estate that you own. You have to create a series of websites that provide high-quality content.
People go to the Internet not to buy a product that you are trying to sell. They turn to the Internet in search of information that will help them solve the problem at hand. To create a successful VRE, you need to build a website that provides high-quality content on a specific niche topic.
Once you provide quality content that is not only good for the human eye but also good for search engines, you will start getting natural traffic to your website. Then you need to build a trusting relationship with your reader by becoming an expert in the field of your endeavor. Monetization is the ultimate. The problem with most network marketers is that they want to monetize before they even build their website.