If you’re not investing in real estate yet, you’re not paying attention.
I recently came to understand that despite the fact that I post education on real estate investing on my Instagram, on my Youtube page, host free meetups and events, there are still people who are asking the basic questions about how to get started in this space.
So, here’s your basic breakdown of all the basics.
Who should invest in real estate?
And they should do it right now.
Give me a reason not to get started in the most tested money builder throughout history. I'll wait.
There are plenty of people that say that real estate investing is a rich man’s game because you have to have money to make money, but that’s not true at all.
There are so many ways to get started in this space without using your own capital and even without putting money down to get a deal rolling.
It’s all about networking, community and finding the right sellers.
Why real estate investing is the best choice
Like I said, real estate is one of the few assets that throughout history has appreciated in value.
There are always recessions, times when the market is for sellers and not buyers and vice versa, and other factors that affect the cost of housing, but real estate has been a consistent source of stable, solid income over time.
When you learn creative financing, with such a little cost of entry, why would you not help people get more affordable, appropriate housing and put a living in your pocket?
Is real estate investing worth it?
In my opinion, not only is it worth it, but I still kick myself for not doing it sooner.
There is so much I could have learned sooner to be more successful and help more people make a real living and establish generational wealth.
I don’t spend my own money, I make a steadily growing income for my family, I get to help other people get out of bad situations and get into better housing, etc. The list of all the reasons it’s worth it gets longer everyday.
But the main reason it’s worth it to me is because when I see people in the SubTo community close deals, help home sellers, make some money and then help other people do the same, there’s no feeling like it on Earth.
What should my first real estate investment be?
I’m biased, but if you don’t know where to start or how to take action, that’s half the battle.
So I tell people to start by reading books, watching my Youtube and getting as much education on creative financing as possible. You need to learn about seller financing – otherwise called owner financing, lease agreements, wraps, novation agreements, subject to and so much more.
Or, instead of trying to figure out what you need to know before you need to know it, you can join the SubTo community where it’s broken down for you all in one place and have a community of people backing you up and teaching you exactly how to start and close deals.