How to create passive income in real estate? Are you ready to start making money from the beach or
from your home or better yet, while you sleep? Well, I'm going to tell you
exactly how I do this every single day and how you can do this too. Let's go.
I'm going to provide a detailed step-by-step process on how to create passive income starting
from zero. I'm going to share with you Noelle's easy plan of action that anyone can follow.
And last but not least, I'm going to share with you my dirty little secret on how I make millions
of dollars on properties i don't even own. So, let's talk real estate. There are so many benefits
to being an investor of real estate whether you invest in real estate full-time or even part-time.
There are numerous benefits. You have the cash flow from the properties. If you start getting
rental properties, for example, you will get cash flow either from long-term tenants or
you can do what I do now with Airbnb and get money from short-term tenants. You literally
can buy properties and they will increase in value. Most real estate does and then you can
sell those profits off a profit using leverage, using mortgage, using borrowed money. You don't
even have to come up with all of the money in order to start making money off real estate.
Additionally... And this is just so fun. You can do something with real estate that you cannot do
with stocks, mutual funds, or any other type of investment. You can force the appreciation.
Meaning, you can fix and flip. You can improve the value of the house just by renovating it
and improve the value and then sell the house. I know you guys have seen all those HGTV shows,
fix and flip shows. That's a concept called forced appreciation. In real estate, we force appreciate
properties all the time and sell them and make a profit. And last but not least and the reason why
real estate is still the number 1 way to wealth and has been and created more millionaires than
any other industry has, it's because it helps increase your net worth. Real estate is a real
asset. Meaning, it's a tangible thing that you can buy and sell and it increases in value.
So, on paper, the properties that you have even if you owe money on them,
they will increase your net worth because there's equity in those property
and that goes towards your net worth. You can take that equity, you can leave it on paper.
Or you can borrow against it deed it to your children or even give it away. So,
real estate has been life-changing for me. As many of you guys know, I did not start off wealthy,
I did not start off rich. I literally started off vesting in real estate the correct way
in 2008-2009 during a recession. But let me take you a little bit further back. I actually started
investing in 2002-2003 while working a full-time job. I was flipping houses with a full-time job.
I was making money. And at the time, things were really great in Atlanta. Values were just going
up and up and I was making all the mistakes and never even knew it because I was making a bunch of
money. Well, along came 2008-2009 when the market crashed and I ended up losing everything. I ended
up bankrupt, multiple foreclosures, and back in my parents' basement. I was a complete disaster.
But while I was in my parents' basement, I ended up getting a coach who taught me wholesaling. He
basically taught me how to find people with property problems and start making money off
of them. He told me find people like yourself that are behind on their mortgage payments, for
example. They're about to go into foreclosures. And you literally can help those people avoid
what you went through. They don't have to end up in their parents basements like you did.
You reach out to those people, you'll put out signs, you'll mail letters and you'll do ads.
And they will call you telling you that they are behind on their payments. You get those
properties under contract and then we flip those contracts to investors that actually fix and flip
properties and have rental properties. So, lo and behold, I did what he said. And in a year,
I had made over $400,000 doing this. So, I learned a lot about real estate investing. But
that was an active thing that I had to do. Like I said, I had to put signs out. I had to mail
letters. I had to go find these people. But it created a really great income for me in real
estate. I then was able to take that money and progress. I started off wholesaling and then I
moved back into fixing flip the correct way. Now that I kind of knew what I was doing. And then
I started turning those properties into rental properties and eventually I was able to quit my
6-figure corporate job and live the life that I wanted. However, it was really just a progression
through deal compounding. So, you start where you are you don't necessarily have to start off with
great credit or lots of money to begin investing in real estate. You can start where you are, like
I said, I started with bad credit. And then just move up as you grow. But one of the amazing things
that I learned how I really took it from 6 figures to 7 figures is when I started focusing on passive
income. Like I said, wholesaling, that's an active thing that I had to do. I had to go find people,
fixing and flipping. That was active. I had to go get contractors and fix up the properties.
But my rental properties which is what really allowed me to quit my job was passive income. I
had over 40 properties. I had tenants in them. But more importantly, I had a property manager that
managed all the properties, did everything and all I had to do was cash my checks. Most likely,
you're going to start with an active investing process and then move on to a passive income
stream. So, let me get into that part for you. So, like I said, most of you are going to start with
an active process and then move into passive. So, let me tell you how you do that very specifically.
Like I said, I started off wholesaling. Meaning, I was finding people that were having property
problems and then I was flipping those contracts to other investors that had more money than I did.
And they would pay me a fee for all of those properties. Either they would fix and flip
the properties or they would keep them as rental properties. But I was able to get
those properties for below market value because I was targeting people with property problems.
This is the key to it. Whether you're doing active or passive investing strategies,
you got to start with helping people that are having a property problem. This is going
to allow you to get properties for pennies on the dollars. And you're working with a population that
actually needs your help. And is more flexible to doing some of the things that investors do.
For example, if you found a house and it was in perfect condition and the seller was having
no issue at all, why would they sell you the house for pennies on the dollar? They probably wouldn't.
But what if you found that same person and they were 3 months behind on their mortgage payment
and they were about to get kicked out? Well, that person is going to be a lot more likely
to work with an investor and allow that investor to sell that property at a discount because
they're about to lose it or sell the property on terms. Meaning, they'll buy the property and they
just keep the mortgage in place or they rent the property and then they buy it. Or they catch the
mortgage payment up. And then in a year, they buy it or whatever the situation is, as a real
estate investor, the easiest way to get passive income starts with helping people with a property
problem. Because there, you can do whatever you need to do and start making a lot of money really
quickly. So, I have created an entire training that teaches you all about active and passive
income and how to invest in real estate. And the best thing is this training is absolutely free.
Check out Noellesfreetraining.com. Again, that's Noelle (n-o-e-l-l-e-s), Noellesfreetraining.com.
Again, absolutely free. It's over an hour long. Probably a little bit too long for me to put here.
But it will teach you in detail my full strategy on how to invest in real estate
without losing money. I want to make sure that you have all of the resources, all of the tools
and all of the knowledge that you need to be successful. This is Noelle. To your success.
you