5 Reasons Why Real Estate Is The Best!! | Beginner Real Estate Investor | LIVE FREE Training
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The speaker of the YouTube video claims to own $40 million worth of rental properties and offers advice on real estate investing. They believe that real estate is the best investing strategy, with 90% of millionaires being created through real estate investing. The market is currently strong, having gotten stronger over the past few weeks, despite softening compared to what it was. The speaker offers a free training that viewers can get by DMing them on Instagram.
The speaker provides five reasons why real estate investing is so powerful. The first two reasons are that you don't need any money or credit to invest in real estate. The third reason is that there is no risk involved in certain types of wholesaling if you have transparent contingencies built into your contract. The fourth reason is tax benefits, such as depreciation, write-offs, cost segregation, and bonus depreciation, which can help investors pay less in taxes. The fifth reason is that anyone can invest in real estate, regardless of their background, education level, race, or gender.
The speaker suggests three strategies for investing in real estate without money: wholesaling, partnering with someone who has money, or borrowing from a private lender. They clarify that while the market is softening, it is not depreciating, and houses are not going down in value, but rather not increasing as rapidly as before. The market is still strong, and the speaker knows people who are selling houses within a week or less for asking price or around it.
Overall, the speaker believes that real estate investing is the best strategy for financial freedom, and offers advice and a free training to help viewers get started.
The speaker of the YouTube video claims to own $40 million worth of rental properties and offers adv