Virtual Real Estate (VRE) is without doubt the new frontier that you have to master. In many ways it is similar to real estate but requires very little investment to begin with. If you can create substantial virtual real estate the right way it can transform your financial life.
VRE complements your real estate investment strategy. It can provide you with the cash flow required to fund your real estate investments and create long term wealth.
I started investing in real estate in the early eighties. Slowly but steadily it changed the financial outcome of my life. It took me nearly three decades for me to reach where I am today.
The biggest problem I have found with property investment is cash flow. It took time for my investments to grow to provide me with the passive cash flow I dreamed of when I started out.
It is cash flow that gives us life style. There is no point in having millions of dollars worth of property which gives little or no cash flow. In most cases investors have to pump money out of their pockets to sustain their real estate portfolio. This causes strain on their finances and life style in the short run.
I have faced severe cash flow crunch when the property market took a down turn. During these periods I looked for other business opportunities to bail me out.
Through out my life I have looked at opportunities that give passive income. My philosophy is that you should work once and get paid again and again for a life time and beyond. This is why investing in property interested me from the beginning.
There is nothing like VRE when it comes to generating passive income with time and place flexibility. It is a dream business with no employees and related head aches. You can operated your business in pajamas. It can give you passive cash flow to support a life style of your dreams and fund your real estate investments.
Although real estate is one of the most stable and profitable investment opportunities available it is the Virtual Real Estate that is the new gold rush. The revolution is happening right under our eyes with new millionaires being created every minute even as you read this article. It is just the beginning of the new wave of wealth creation. Such unique opportunity happens only once or twice in your lifetime. You will have to grab this opportunity with both hands or will regret for rest of your life.
What is Virtual Real Estate?
VRE (virtual real estate) is a term that you should familiarize yourself with, because you’re going to be hearing a whole 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 occupy space in the World Wide Web, and just like real estate in the offline world, it can yield income for its owners.
Properties can differ by types, sizes, and quality. A beautiful sea front house 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 far more lucrative than others. Some bring their owners a healthy flow of long-term passive income, while others never become profitable.
The main reason why people fail in internet marketing is because they promote other peoples website and products. They promote self replicating websites that help the owner of the primary website and not themselves. They waste time, effort and money selling affiliate products or get into network marketing.
The only way you can make money on the internet is to create Virtual Real Estate that is owned by you. You have to create a string of websites that provide high quality content.
People come to the internet not to buy a product you are trying to sell. They come to the internet for information that will help them solve their problem at hand. To create successful VRE you have to create a website that will provide high quality content on a specific niche topic.
Once you provide quality content that is not only good to the human eye but also to the search engines you will start getting natural traffic to your website. You then have to build a relationship of trust with your reader by becoming an expert in the field of your endeavor. Monetizing comes last. The problem with most network marketers is that they want to monetize even before creating their website.