How to create passive income with no money? Yeah, you heard that right. I have literally
created over 10 streams of income. Some of them in just a few weeks making millions of
dollars per year. And you can do the exact same thing too. I'm gonna tell you how. Let's go.
So, let's talk about what passive income is. Many people talk about this. You hear everybody
talking about, "Oh, I get all this passive income." But what is passive income really? So,
by my definition and for the definition of what we are talking about and when I say multiple
streams of passive income that I have created, I am talking about income that I do not have to
actually go into anyone's office or do any actual activity in order to earn that money. For example,
I have real estate property that gives me passive income and I call it passive because I have
a property manager that manages the property, they handle paying the bills, they handle the tenants,
they handle it. So, it is passive income for me. I pay them a fee out of what the tenants pay me.
And that is how they're paid. So, it doesn't necessarily cost me anything. That is passive
income. Additionally, I have books that I have written. I get royalty checks from my books.
I have YouTube. I have a podcast. I have all of these different things of products and services
that I've created that are just selling without me necessarily having to do anything. And that
is truly passive income. Because every month, I can expect that income is coming. I know exactly
how much that income is going to be for the most part. I'm able to track that income. It is legal
income. I tax it. I pay taxes on it. It is legal and ethical. To me, that is the true definition of
passive income. And we should all be striving to have multiple streams of passive income
so we do not have to work or go to someone's job in order to be able to have money and have income.
This is the life that I am talking about and this is what we are creating --passive income.
Active income is when you actually have to do something. So, I have a real estate license.
And when I do real estate activities and I help someone buy a home for example.
That is not passive. I literally have to get in my car or I have to help get the loan approved or
do the different things. That is active. So, now you know the difference between passive income
and active income and now we are going to get how you get you some passive income. So, let me first
tell you where I started and how I did this. I literally started in my parents' basement. Some
of you guys may know my story. So, I literally started flipping houses back in 2002-2003.
I lived in Atlanta, I had a full-time job and I was flipping houses on the side. I was making
really good money doing it but I had no idea what I was doing. I actually was a complete disaster.
Because in 2008-2009, when the market crashed, we ended up losing our jobs, losing all of our
properties, filing bankruptcy and having terrible credit because of all of those foreclosures.
I had paid too much for properties, I have brought properties in my name. I was flipping properties
that I found with a real estate agent. Like, I just made every single mistake that there was
to make in real estate and that is why I ended up back in my parents' basement. So, fast forward in
my parents' basement, I learned about wholesaling. I ended up getting a real estate coach that taught
me how to buy properties and sell properties without having good credit and without having
any money. He taught me how to get them under contract, find people with property problems,
flip those contracts for a fee and start making money, and get myself out of my parents' basement.
So, that is what I did. But eventually, when the market started to come back in 2010-2011,
I was still doing some wholesaling and getting my credit back together. You know,
getting out of debt and just piling up some cash. But what I did not start to do was create multiple
streams of income. I had my job and then I just had kind of wholesaling that I did on the side.
So, that was two streams of income for me and I quickly realized I was moving ahead of a lot of
my friends and other people. And all I needed to do was add in different streams of income.
So, now, fast forward, because I knew how to wholesale, I started teaching a few other
people how to do that. And that became a stream of revenue. Then as I got my money together,
I no longer had to wholesale. I could start doing fixing and flipping the correct way.
And then after I had did some fix and flips, now I could keep some of those properties
and I ended up with over 42 rental properties. It was the reason that I was able to quit my
6-figure job. I had all of these rental properties paying me all of this money.
Then I could quit my job coming in and be with my kids. I have made it. Once I quit my job,
I exploded my income. Because now, I had my time and I could focus on different streams of
income. And this is the fun part: So, when it comes to making money and creating multiple
streams of passive income, you got to start off by being a solution to people's problems.
If you did not catch in my story earlier, the reason how I was able to get out of my parents'
basement and turn my life around is my coach taught me how to wholesale. But more importantly,
he told me how to find people that were having issues with their property. People that were
behind on their mortgage payments; people that had a house that was in foreclosure; people that were
going through bankruptcy or divorce, or inherited a house they didn't want, or got relocated, or the
roof was falling in or all of these different problems that people have. He taught me how to
focus on finding those people with those problems and being a solution to their problem. And so,
what I would do instead of them going through foreclosure like I had, just for an example,
I would contact people that were behind on their mortgage payments and I would be like, "Hey, look.
You do not have to go into foreclosure. You don't have to end up in your parents' basement like
I did. You literally we can work on a situation. I'm tied to a network of investors and I could get
you from under this property without ruining your credit and without you going through foreclosure."
Boom! I was a solution to their problem. So, not only was I able to pick up thousands of dollars
in the process. I was able to help them avoid a situation that I had been through that had ruined
me financially. I literally was helping someone else avoid that situation. So, whenever you can
focus on being a solution to someone's problem, you will make money in the process. To me,
that was the biggest light bulb moment and that is the best thing that my coach taught me. And that
is truly how I went from 5 figures to 6 figures. And now I'm going to tell you how to get to 6 from
7 just by helping more people with their problems. But you got to know and understand that you're
gonna have to be a solution to someone's problem if you want to have multiple streams of income.
Okay. So, if you are loving this content, I'm sharing some gems with you, guys. Make sure you
like this video. Make sure you subscribe to my channel and click that notification bell.
And more importantly, please share this information with as many people as possible
so we can help as many people get wealthy as possible. So, now that you know the basic concept
of how to start making multiple streams of income and becoming a solution to people's problem,
let's get into the nitty-gritty. So, one of the best ways to get multiple streams of income in a
passive way is through the internet. You are probably watching or listening to me on the
internet. So, the best thing you want to do is create a website. This way, you can reach a lot
of people and not spend a lot of money. So, let me give you an example. Like I said, my coach taught
me, "You need to find people that are behind on their mortgage payments the same way that you are
and get them before they go into foreclosure, okay? Before they actually go into foreclosure,
before the sheriff comes and throws all their stuff out and puts the sign on the door and kicks
them to the curb, let's go ahead and call those people now and get in touch with them and let them
know of all of the different solutions available to them." So, he had me run ads. And that was
super simple. Again, this was 10 years ago. I was putting out signs and mailing letters. But the way
that you want to do it now is use the internet. You can easily create ads that say, "Hey, are you
behind on your mortgage payment?" Or "Hey, do you have a house that you no longer want?" Or "Hey,
did you inherit a house you don't want?" Or "Are you going through bankruptcy? Are you going
through divorce?" All of the same pain points that they're having, you can find them online
just by marketing and putting ads out that speak to the problem that they're having. So, whatever
their problem is, no matter what your business is. And again, this transcends every business. I do
this from real estate to photography businesses. Okay, guys? Like if someone has a wedding and
they don't they think it costs too much, then you are a solution where you're a lower cost. Or
you could be a baker and people don't want to go all the way and drive to where the bakery is. And
you will deliver it to them. Again, what is the problem that people are having that you can solve
and then use the internet to market and find those people. So simple, so easy. Let me get to the
next step. So, like I said, creating an internet website is super easy and very, very inexpensive.
You literally can start a website for like 10 bucks, okay? I know the video said no money.
And yes, there actually are websites that you can get absolutely free companies like wix,
WIX.com for example, will give you a free website. Now, yes. It will be branded with wix.
But if you pay a little bit of money like maybe $10. I'm saying a very little bit of money,
it can be branded with just your stuff. So, you want to get a domain name that's easy for people
to find. You don't want to get a domain name that's too long. For example, you know like
Noellerandall.com. That's just my name. That's a domain name. I bought that. Noellerandall.com.
And then I had a website made that fit into all of what I do. It's really just that simple. You can
get the domain name for really cheap and you can have people make you a website you can even make
the website yourself absolutely free. Or you can pay someone a very small fee. And I mean less than
$100 to build you a website for you. And then you can run ads and start to speak and drive traffic
to your website in a very very inexpensive way. So, next, let me tell you another awesome way
that I've created multiple streams of income and one of the things that's very new that i did just
very recently. I created a real estate crowdfund. If you're not familiar with a crowdfund, it's
where everyone puts a small amount of money in. And then that money is used to fund a business,
okay? In this case, it's a business where we buy real estate. We furnish those properties and we
put them on Airbnb. And I split all of the profits with the investors that have put money into the
crowdfund. It cost me very little money to start the crowdfund and I've raised over 340,000 in like
3 or 4 months, guys. Okay? This is incredible. And because the minimum that people have to put in
is only $500. And what I've offered to people that if they put their 500
in and let me use my expertise to go find the properties, they get quarterly distributions. So,
people are looking to invest and get money back. So, this is a very easy way to start a business
and create streams of revenue for yourself without spending very much money. You can check me out
at nuurez, NUUREZ.com. And you can look at the company look at our website. And you can see
and duplicate everything that I've done, okay? Nothing I did is special. You literally can do
the exact same thing. Alright? And what I did to attract people and why people invest at a
high level like they do because they want passive income. So, if you put some money into my fund,
I will buy the properties and I will send you quarterly distributions and it's all governed
through the SEC, the securities and exchange commission. So, you don't have to feel like,
"Oh, my God. What happened to my money?" You know that this is governed by a regulatory body.
It just works so well. Additionally... So, again, I'm creating a stream of revenue for my investors.
People love that. You can do the exact same thing. Additionally, because we're buying real estate and
we're getting Airbnbs, all of my investors can come stay in my properties. And again, you can
see all of this on nuurez.com. So, now, I've given all of the people that have invested into my fund,
another benefit. Again, give back with your business. Be a solution to people's problem,
okay? That is the key to this. One more thing that I do for my investors and that
why we raise so much money is, if they refer other investors, we pay them for that as well.
So, I've created ways for people to make money in my business. Basically, you invest in me,
I give you all of these rewards and I reward you for finding other investors. It all just plays
out and has created this great system where it's win-win for me and for the investors. Again, you
can do the exact same thing and create multiple streams of income for yourself in the process.
Okay. So, hopefully, you enjoyed this and you get exactly how you can create multiple streams of
income using the internet. Okay, guys? Make sure you check out nuurez, NUUREZ.com. Absolutely free.
You can see all of what we do you can see what the company is doing. You can even check out a website
called trucrowd and that is TRUCROWD.com and check out nuurez there (n-u-u-r-e-z).
Because this is a platform that anybody can use so long as you don't necessarily have a criminal
background or anything like that. And this can be a great way for you to create multiple streams of
revenue for yourself. I want to make sure that you have all of the tools, all of the resources,
and all of the knowledge that you need to be successful. This is Noelle. To your success.