What to do when you don’t have any money required for marketing
If you are struggling to generate seller leads because you don’t have any money for marketing then you’ll definitely want to listen to this audio post
I’ll reveal two quick and easy strategies that you can implement immediately to start generating seller leads
This blog post is sponsored by my newest product called Fliptogetrich.com
If you have any questions or need further clarification then post it below.
Why Real Estate Investing May Not Be For You
Let me get right to the point.
If you’re thinking of investing in real estate then this will be most important letter you’ll ever read.
It will also be the most unusual… and here’s why.
Unusual because unlike most of the other typical real estate information out there, I am not going to promise you that you’ll make hundreds of thousands of dollars with absolutely zero work and little effort.
In fact, I’m going to be 100% brutally honest with you on what it’s really going to take to make real estate investing work for you.
And frankly you may not like this because you may be the kind of person that likes to hear that you can make a ton of money without actually doing any work.
I’m going to reveal precisely the reasons why most people never make any money as a real estate investor.
I’m also not going to impress you with a bunch of fancy and overly complicated real estate investing strategies that sound great on paper but rarely work in the real world.
And the reason for this is that …
Most People Lose Money In Real Estate Investing
It’s sad because most people have a lot of hopes and dreams attached to making real estate investing work for them.
They dream of quitting their jobs and finally having all the money they ever need.
The even sadder truth is that this could be avoided very easily.
By simply becoming aware of a few pitfalls you can increase your chances of making real estate investing work for you.
Or
Perhaps even decide that it’s really not the thing you want to do after all…
Real Estate Is Not As Easy As You Think
As with anything in life….nothing is ever as easy as it first appears
If you’re like most people searching for information about real estate investing, you may find promises of making money quickly in real estate … without any work or effort.
Promises that you wont even have to learn any techniques or strategies… you’ll just simply push a button and you’ll make money instantly.
Don’t worry if you’ve fallen for this type of promise… It’s happened to me too.
Strategies To Avoid When You’re Starting Out
Most beginning investors choose the wrong strategy when starting out.
This is usually because of just simply not knowing what to avoid when starting out
Here are the two strategies that you MUST avoid as a beginning real estate investor.
#1 Avoid The Rehab Game
When most people think of real estate investing they think about finding a house that needs a ton of work and then repairing it and turning it over for a quick profit.
Here’s is what usually happens with this strategy
You’ll probably pay more than what you should for the house
You’ll UNDER-estimate the amount of money it will take to repair the house.
The house will take longer to repair (since there will likely be things you didn’t catch in your inspection)
You’ll have underestimated the amount of money that the house will sell for in today’s depressed real estate market
The house will stay on the market much longer than you expected… eating away at your potential profits.
Finally, if you do sell the property… it may be for just barely breaking even (if you’re lucky) but most likely you’ll lose money on the deal
Because of the above, you wont consider doing any more deals since now you’re deeper into debt after this
#2 Avoid The Long Term Play
You may think of real estate investing as a way to secure your future by having a long term asset that produces passive income.
And if you’re thinking like this then you’re probably looking to find a property that you can buy and then rent out to a nice family that will stay there forever.
You’ll wait for the house to appreciate all the while collecting a nice rental income.
WRONG
Here’s the problem with this…
The landlord game is a “make no money now…. MAYBE make money later” situation.
With the economy the way it is… the likelihood is that any real estate that you buy now will take a LONG TIME to appreciate in value….
In addition to this, any rental property you buy… will lose money in the first few years.
This is because you have repairs, tenant vacancies and unexpected things that will eat up any of your profits.
So if you’re starting out brand new with very little money … becoming a landlord is the last thing you want to be considering.
Here’s What You Should Focus On Instead
Your goal should be ONE THING ONLY.
To make money in the next 60 days or less with as little risk as possible.
That’s of course if you want to stand a chance at staying in this business long term.
When I say “little risk” I mean
- Never using any of your own money to put a deposit on a property
- Never attempting to buy a property by getting a loan in your name (and using your own credit)
- Never getting involved in a deal that you can’t just simply walk away WITHOUT having to worry about being liable (financially or legally)
And to make money in 60 days or less you’ll have to avoid 95% of the strategies that you hear about.
That’s because most strategies take a long time to produce any cash or profit.
And as a beginning investor the only thing you want is to make a profit as quickly as possible.
This also means that you have to select the simplest strategy available (so you can quickly execute it while avoiding any mistakes).
That’s because the simplest strategies will not only be easy for you to implement as a beginner…. but you’ll also be able to turn a profit much quicker.
This One Strategy Is Best For Beginners
There is one strategy that I recommend for beginners.
It’s the simplest strategy out there.
And it’s also the one that can make you money quickly.
It’s called wholesaling.
Wholesaling is simply being a middleman… I call it being a matchmaker between a motivated seller and investor buyer.
An investor buyer is not looking to buy a property to live in and call their home.
The are NOT retail buyers.
Most people think that all buyers are looking for houses to live in … that’s not true.
There are people out there looking for a home for other reasons.
They are actively looking to buy properties that they can either buy, fix and sell (rehabbers) or buy a home to keep as a rental property (landlords).
You can become an expert at finding great deals for these types of buyers and essentially be a real estate matchmaker.
Discover a simple system perfect for beginners
I’ve developed a system that is perfect for beginners that incorporates wholesaling and the internet to find and flip properties all across the USA using only your cell phone and a laptop.
With the system I’ve developed you:
- Never have to personally meet with buyers or sellers
- Never have to personally inspect a property
- Never have to put up any deposits or down payment
And it’s perfect for beginners too.
“Behind Closed Doors” – What it really takes to succeed as a real estate investor
If you want to know what its’ really going to take to succeed as a real estate investor then you have to watch this video!
Discover few simple techniques that create massive results in your real estate investing business
Click here to watch another special video
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