Are you looking to invest in real estate? I believe real estate is a great way to acquire great wealth.
But still, if you want to invest, there are a few things you have to consider. The first thing you need to know about real estate: It’s usually a cash-intensive investment. If you don’t have any money, it’s almost impossible to invest in real estate.
The second thing is before you invest in anything you have to do your research. You have to know what kind of an investor you are and which strategy fits you.
When you do it right, real estate is great, because it gets you very high returns on your investments. That’s why many rich people love to invest their money in this sector. Actually, 90% of all rich people invest in real estate.
So, where and how could you invest in real estate?
Before You Run-off To Invest in Real Estate…
It’s true that this investment sector holds a lot of potentials. Still, there are some aspects you want to consider first.
You see, almost daily, followers on social media are asking me what they should invest in. I hate this question. Why? Because it shows me, these people didn’t do any research.
They want to make money fast without putting in the work. To settle this, here is my advice:
Before you invest in anything – even real estate – you need to have at least a little bit of money aside.
I believe before you can invest anything you need to secure your life. You need something that produces you a stable income.
If you’ve followed me for some time, you might’ve heard me talking about high-income skills. High-income skills are skills that potentially earn you 10,000$ a month. A high-income skill would be a great source of money that you use for investing.
Or, maybe you already have a business that pays the overhead. Then it’s the perfect timing to take that extra cash and put it into real estate.
Whatever it is, you need cash-flow coming in BEFORE you invest. Sometimes a few hundred dollars are enough. Anyway, before you get into real estate, you need to have the funds.
The Wealth Triangle
I teach this concept which I call the wealth triangle. If you study it, you will see, investing your money actually comes at the very end.
Simply put, at first you focus on your high-income skill. This alone can get you to a comfortable life.
But, you can strive for more. The next step is to develop a scalable business. Scalable means it is very predictable. It also means you earn more without investing more of your time.
If your business produces you extra cash, you use that for high-return investments. Usually, I only recommend doing this when your high-income skills earn you at least $10,000 a month. Now there is one exception from this will I get to further below.
But first, notice how I call it “high-return” investment? You really want to find something that earns you back a lot of money. The two best ways are stocks and, of course, real estate.
Stocks and real estate are basic investment methods that most rich people do. Not some fancy trends like cryptocurrencies.
The wealth triangle is the basic guideline you want to follow to get wealthy.
Can Real Estate Generate Your Income?
There are people who generate their income through real estate.
Often times, they are fixer-uppers. They buy something, fix it and sell it again.
They flip-over the property fast. Which makes you money fast -and that’s ok. But in order to grow, you need to buy the next property and the next and the next.
Some people do well with doing that over and over again. It can be a viable long term strategy.
But, real estate will be easier if you already have a bit of an income – from your business for example. Because as you invest in real estate, your business keeps making you money.
So, my advice is:
“Don’t wait to buy real estate. Buy real estate and wait.”
If you do it right, you will become very, very wealthy.
So in the beginning, the money for your investment comes from other income sources. As your real estate gets stable, most of your cash will come from there.
You could even sell your business or get through the ups and downs your business faces much easier.
Real estate is your personal investment and long term retirement. It will get you to financial abundance. To a place where you don’t have to worry about money ever again.
Is Real Estate Worth It?
For most people, they reach a certain income and suddenly the investment world opens up to them. Before you reach that level, all investments seem risky.
But now that you have the extra money, real estate is one of the best ways to invest.
I often talk about the fact that rich people buy assets. Real estate is an asset. It feeds you while you sleep. It generates you money while you are doing other things.
I personally love real estate, because it’s predictable, controllable and stable.
What Kind of Investor Are You?
Now, before you invest, I suggest you find out which kind of investor you are. I can’t tell you where to invest in real estate, because I don’t know what kind of investor you are.
It’s the same as buying a car. What kind of driver are you? Do you need a big car for your family? A sports car because it fits your style? Do you drive in the city or in the countryside? It all depends on your situation.
For real estate investment, get clear on these things:
Can you take risks or do you want to control?
For me personally, I like to have control over certain things. In this case, the control means, that I can predict some aspects of the investment.
In real estate, you have control over the tax, cash flow, appreciation and a lot of other things.
There might be other investments that are much faster. But I prefer real estate because it’s very stable. Click To Tweet
The next question is, are you a capital gain or cash flow investor? The capital gain would mean you buy a piece of real estate and calculate on the return it will give you much, much later.
So for example, you buy a property and wait for the return it will get you in 20 or 30 years. I personally don’t like that as it’s a lot less predictable.
That’s why I prefer investing in cash flow – it’s way more certain. I would see the results regularly and have a constant stream of income from it.
Another thing I love about real estate is that you can influence the value. If you buy a piece of real estate, you can work on it to increase the value. That’s my personal preference.
You also want to understand which investment stage you are at. Personally, I think if you earn 250.000 dollars or less a year, there is only one thing you should invest in. And that’s, to invest in yourself. Invest in your knowledge and skill set. Then use that to make more money so you have more extra cash.
For example, if you are a financial consultant, you could invest in yourself and learn how to hold workshops. Then you use the workshops, to earn you more money. It’s a very safe investment that will help you long term.
Common Investment Strategies
What are some common strategies that people use to invest in real estate?
In the beginning, most people would focus on building their credit score. For most investments, you need the ok from a bank. And the bank, of course, looks at your credit score.
A great credit score can lower the interest rate. Make sure your record is good consistently. It doesn’t help if you had one successful month. You want to show that you have a stable income every month.
The second step is to really have enough money down. Real estate investments don’t work without down payments. Most of these payments are anywhere from 9-20%
Now when you have enough extra money and you are ready to invest, give yourself some time and research. Look around and really understand what you are doing.
Don’t fall in love with one opportunity and regret it later. I always recommend, only invest in what you understand.
If are in doubt or unsure, better take a step back. You aren’t missing out on anything. Sometimes real estate investments are about being patient and acting at the right time.
Where To Invest in Real Estate?
As for location, there are two ways to go about it. You can invest in a piece of real estate that is in a popular area. To acquire it, you will need more money, however.
So, what some people do is to invest in real estate that is just a little bit outside of the popular areas. Maybe 5 minutes away. People will eventually get tired of the high prices in popular areas and look at the areas around it.
That’s why it’s sometimes smarter to invest in real estate that’s on the outskirts of the main area.
Generally, it’s also a good idea to invest in pieces where only one or two rooms need improvement. So maybe you buy a house in a residential area and the bathroom needs to be fixed.
You do that and find a buyer. That’s very profitable. Especially compared to other pieces where you need to change the whole flooring.
It’s harder to make a profit from such high-maintenance houses.
Finally, there are two types of real estate. Residential, like houses or apartments and business, for example, office buildings.
All of these are common things people consider when investing in real estate for the first time.
Discover The Secret Way to Invest
What if I told you there is actually one more way to invest in real estate? A way that is so secure, the bank basically pays you a monthly paycheck?
Not many people know about this strategy…but actually it’s the way most rich people invest. It’s that one strategy I mentioned before – where you only need a few hundred dollars to get started.
What I discovered over the years was, high-return investments don’t have to be high-risk investments. But that’s what most people think. It’s a common misconception.
Maybe you’ve heard things like: “if there’s no risk – there’s no reward” or “you gotta go big, or go home.”
But this is how the poor and middle class think that real estate investment works. Rich people, they know it works differently. High-risk is not how the rich invest.
You see, wealthy people know how to thoroughly check if a real estate investment will get them high-returns. That’s why I refuse 99% of all my investment opportunities. I know what I would get myself into.
Rich people don’t leave anything to chance. Further down I will tell you about a way for you to learn exactly that. How to analyze a real estate investment opportunity.
The Truth About High-Return Investments
There are some misconceptions about High-Return investments that I want to get out of the way once and for all.
- High-Return Investments don’t have to be risky.
- You don’t need a high capital to start out. Just a few hundred dollars is enough.
- They aren’t limited by your location. Actually, you can do this from anywhere in the world.
- You don’t need a good credit score.
- There is no need to borrow money.
A New Way To Take Advantage of The Wealth Triangle
Now I told you you shouldn’t invest until you earn a stable income of $10,000 a month. That’s true for most of my readers.But, what if I told you that there are some high-return real estate investments that you don’t need that much cash for? There are ways to start, even if just a few hundred dollars. Click To Tweet
The problem is, these strategies are top-secret. Banks don’t want you to know this. (There is a way for you to learn them – but I will get into that later.)
For now, you know there is a way to invest in real estate with a few hundred dollars.
They Want To Keep This From You
So, there is this special way that the ultra-affluent use to invest in real estate. But hardly anybody has heard about it.
There are no books talking about how the rich invest. They’re keeping it as a secret.
You have to understand, if too many people know about this then the strategy might be at risk. That’s why not even I can go out there and tell all my readers about this.
But I decided to open the doors for a very limited group. Together with a friend, we are hosting an exclusive seminar.
I want you to view this seminar as an investment in yourself. You will learn how the rich invest in real estate.
“Most financial institutions would rather die than have you attend this event.”
This event is very exclusive, there is space for a bit fewer than 200 people. And 70% of the tickets are already sold out.
I highly advise you not to talk about this with your bank or financial planner. They won’t like the idea of you attending this at all.
Because once you are equipped with the investment strategies of the rich, you don’t have to rely on banks and financial advisors anymore.
Learn from the Real Estate Expert
I often give this advice: if you don’t know how something works, it’s best to learn from an expert. Everything you want to do has possibly be done by another person before.
So there is always somebody to learn from.
Book Now Before it’s Too Late
I would love to share more about the secrets of the rich. But right now, that’s simply too risky.
That’s why attending this once in a lifetime event might be your only chance to ever learn these investment methods.
This would also be your only chance to learn how to evaluate a property before investing. The only way to really invest as the super-affluent do.
Let me say this again:
The event won’t be repeated, and the seats are sold out by now. Ther are no books or other sources that can teach you these methods.
Seats might be sold out, but there is one last chance for you to get your hands on the investment secrets of the rich. You can get a lifestream ticket that also comes with a full recording of the two-day event.
Aktion takers will be rewarded. Check out the events page here.