“HOW can I earn rental income when I can’t even afford a mortgage for myself? NHT only lends up to $6.5 million, and there are no houses available for that price!”
If this is you, then there is a solution. You can combine the benefits of real estate investing with stock market investing. Real estate can be very expensive for a beginner, so you can get some of the benefits of real estate investing on a smaller budget by investing in real estate companies that are listed on the Jamaica Stock Exchange.
There are nine companies on the JSE that are heavily involved in real estate investment. By investing in them, you can be a part owner of the commercial or residential properties and hotels they own. These companies are 138 Student Living, Eppley Caribbean Property Fund, First Rock Capital Holdings, Kingston Properties Limited, PanJam Investment Limited, PROVEN Investments Limited, Pulse Investments Limited, Sagicor Real Estate XFUND, and Stanley Motta Limited.
https://www.jamaicaobserver.com/business-observer/investing-in-real-estate-companies-the-next-best-thing-after-a-mortgage_223300?profile=1056