The lockdowns that resulted from the coronavirus pandemic forced millions of people to reassess how they earn their money. It has become obvious that we can no longer rely on a single traditional job for our livelihood, regardless of how well that job pays. In response, millions of people are looking for ways to earn passive income, and real estate investing is one popular option. A growing strategy that appeals to many newer investors is a REIT or real estate investment trust. This operates very much like a mutual fund in that you invest what you can and your money is diversified among various properties along with the funds from other investors. The capital can be used in a number of different ways, depending on the type of REIT you choose. When you're investing in residential rental properties, the capital raised will go towards remodeling or renovating the property. When the property is sold, your investment and any gains you earned will be returned to you. This provides you with an opportunity to either cash out or reinvest your money in another REIT. Since this process allows for returns in a shorter time frame, investors can get involved in a REIT for as little as $500. This process allows anyone to invest in real estate without having to get their hands dirty. The investor doesn't have to worry about the fees and permits involved in developing a property or the upkeep tasks associated with maintaining a rental property. The developers and property managers all deal with those issues and provide a buffer in terms of dealing with tenants or buyers. For the investor, the only obligation they have is to provide the capital they pledge to the project. In return, they obtain a percentage of the profits that the property earns. This provides a great way for developers to raise capital and for investors to grow wealth without dealing with the day to day operations of the property. The growing interest in REITs means there will be many more opportunities for investors. Whether you're a seasoned investor or new to this type of investing, REITs provide a simpler way to benefit from multi-family residential and commercial properties. The use of the internet and modern technology can help you find and monitor the REIT that's ideal for your situation.