3 Ways to Start Investing in Real Estate Now... For Beginners!
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The video discusses three ways to invest in real estate without using any of your own money: wholesaling, owning rental properties, and fixing and flipping. Wholesaling involves selling paper and connecting real estate investors to distressed properties. It does not require a license or any of your own money, but it requires hard work and is not a wealth-building activity. Owning rental properties requires making connections with hard money lenders, private money lenders, and small local banks. It allows you to build wealth and impact generations to come, but you need to find other people's money and have a decent credit score. Fixing and flipping involves buying a distressed property at a discount, fixing it up, and selling it for a profit. It provides bigger chunks of money and is a great way to lead into the BRRRR method, but it requires a lot of work and is not a passive income stream. Despite the pros and cons of the three methods, it is possible to invest in real estate without using any of your own money. The speaker's channel and social media platforms provide valuable information and insights to help investors learn from successes and mistakes, such as finding money sources like private lenders without using any of your own money. Real estate investing is a powerful vehicle to achieve financial freedom, create wealth, pay bills, and achieve personal goals.
The video discusses three ways to invest in real estate without using any of your own money: wholesa