How to Get Started in Investing in Real Estate

Real estate sounds like a smart way to build long-term income—but where do you begin?

Many first-time investors get stuck trying to figure out which property type to buy, how to finance it, or which location makes sense. It’s easy to get caught up in research without taking real steps forward.

The good news? You don’t need to know everything at once. With the right approach, you can start small and build real momentum.

This guide shows you how to get started in investing—with simple, clear steps that work, whether you're buying locally or looking at emerging markets like Montenegro.

‍

How to Get Started in Investing

To begin investing in real estate, set a clear goal, define your budget, choose one strategy (such as long-term rentals or short-term Airbnb), and research your target market.

Start with a manageable property and secure financing early. For faster growth, explore house hacking or the BRRRR method. Emerging locations like Montenegro offer strong potential for rental income and long-term value (Montenegro Ministry of Economic Development and Tourism).

‍

5 Ways to Start Real Estate Investing

Not sure where to begin? Here are five practical ways to start real estate investing, even if you’re working with limited experience or funds:

1. Buy-and-Hold Rental Property

Purchase a property and rent it out long-term. This strategy builds monthly cash flow and long-term equity. Ideal for beginners with stable financing.

2. House Hacking

Use one unit as your home and earn rental income from the remaining units. This reduces your living costs and helps you learn the landlord basics firsthand.

3. REITs (Real Estate Investment Trusts)

Want to invest without owning property directly? REITs let you invest in real estate through the stock market, making them a low-barrier option.

In Montenegro, investors often consider regional real estate funds or EU-based REITs (European Securities and Markets Authority).

4. Short-Term Rentals (e.g., Airbnb)

Buy a property in a tourist-friendly location and rent it nightly. Higher income potential, but more active management and seasonal considerations.

5. The BRRRR Method

Buy, Rehab, Rent, Refinance, Repeat. This strategy helps you recycle your capital into multiple properties—but it requires careful planning and good contractors.

Each method has pros and cons, so be sure to understand the risks and run the numbers carefully.

‍

What Is the Most Profitable Property Investment?

The most profitable property types tend to offer both steady cash flow and long-term appreciation.

Top options include:

• Multi-family properties – Consistent rent from multiple tenants, lower vacancy risk.

• Vacation rentals – High nightly rates in popular tourist areas.

• Commercial units – Retail or office spaces with long-term lease potential.

Whatever type you choose, aim for this formula:

Cash flow now + future value = smart investment.

‍

Is Montenegro a Good Place to Invest in Property?

Yes, Montenegro is becoming a solid choice for international property investors. Here’s why:

• Strong tourism – Over 2.6 million visitors in 2023 (Statista).

• Low property taxes – More favorable than many EU countries.

• Stable currency – Montenegro uses the euro, which simplifies transactions.

• Affordable prices – Coastal apartments are still available for under €150,000.

It’s especially appealing for short-term rentals, second homes, or retirement properties—making it a great fit for real estate investing for beginners who want to test an international market.

‍

Where to Invest in Montenegro?

Some of the top real estate spots in Montenegro include:

• Kotor – Historic charm, high tourist demand, ideal for Airbnb rentals.

• Budva – A mix of beaches and nightlife, strong seasonal income.

• Tivat – Popular among luxury buyers, thanks to Porto Montenegro marina.

• Bar – More affordable with growing interest from long-term investors.

Each location serves a different investment goal—whether that’s vacation rentals, lifestyle properties, or slow-and-steady appreciation.

‍

Final Thoughts

Real estate is one of the most practical ways to build wealth—but success starts with taking that first step.

You don’t need to buy the perfect property or have all the answers. Focus on learning by doing. Choose a market, pick a method, and take action.

If you're serious about starting, whether locally or in a promising spot like Montenegro, keep things simple and move forward with intention.

‍

Looking for your first investment property in Montenegro?

Objekta Real Estate is here to guide you—from your first questions to your first purchase. Whether you need advice, local insights, or hands-on support, we’re ready to help. Contact us today to get started.

‍