Hey, what's up my friend? I'm chilling here in the hammock for a couple reasons.
One, I like hammocks. But two, we're talking about passive real estate
investing. And this week, I'm personally buying I think 7 homes. But this is
what I'm going to be doing this week: I've got teams that are making it all
happen it's all white glove, it's amazing. And today, I thought I'd shoot a video
and talk about how could you have real estate this passive as well?
Most people are trained that they have to work hard so that they can feel good.
And if something comes too easy then they feel fear that it might get taken
away or that it won't last. And so, hence, I find a world of real estate investors
that make it way harder than it actually needs to be. You know, they're either
going into the game of flipping and saying, "Hey, I'm going to get this
property from the option and then I'm going to go to Home Depot 38 times. And then
I'm going to fix things, I'll do the tile myself so I can say $1,400. And then I'm
going to paint. And then I'll hire this parts I don't know how to do plumbing
and they're going to spend hundreds of hours on this project.' By the time they
sell it, sometimes they make less than minimum wage. All because they had to
feel good. And yet they could take that same exact property. And I can show you
how to turn it into tens of thousands of dollars without putting in that kind of
time in that effort. The other active investor says, "Okay, I will do flips but
then I'm going to do buy and holds." But guess what? I'm going to be the property
manager. Same thing. You're just trying to justify yourself, trying to save a few
bucks for actually doing all the heavy lifting. I'll meet with the tenants. I'll
vet the tenants. I'll go over there when there's a repair, when something breaks.
I'm the guy that you call. I'm going tO fix it up. I'm going to take care of it. And at
the end of the day, we're trying to justify our existence by feeling that we
need to work hard. Real estate was designed to give us an entirely other
option. In fact life, doesn't have to be as hard as we often make it. Many of you
watching this video, you're living a much harder life than you need to because no
one showed you that there was a smarter or easier way. No one showed it to me
either. I had to find it. I went out searching for it. Before there was really
YouTube. aAnd now there is a YouTube so I'm making searching and finding it even
easier. Unfortunately, there are not a lot of options out there when it comes to
passive investment. In fact the first thing that might come up for you, maybe
you've heard of a REIT. It's a real estate investment trust. I0t's basically a
company that aggregates everybody's money and says, "We'll go out and do the
strategy and then we'll cut you in on a part of the returns." And it's not
necessarily a bad way to go but most REITs perform not very different from
the stock market. And I'm telling you right now, it doesn't have to be that way.
Real estate has a lot more to give you. So, how do you get a lot
more out of it without it turning into a job. That was a question that I asked
myself over a decade ago. And ended up building a system. It cost me millions to
build it. But today, it builds my real estate wealth like crazy. And what I'm
about to share it can do the same thing for you too. What I'm talking about here
is a passive approach to real estate. And you can do it by building your own team.
Now, I have a team that you could leverage but let me tell you essentially
what it is so you can decide what you want to do. You see I've got a team that
in phase one will go out there and say, "Alright, we're buying property. So we
need to make sure we have an entity formed an LLC. We need a bank account. We
need the funding partners to put their money in there." And that's what I call
business setup. The second phase is going out there and actually acquiring the
property. That phase includes finding the property, purchasing it, fixing it up. So
that now we have an asset that we can put in our business and say, "Tada! This
entity owns real estate." Third phase is then managing it which I will hold on to
my properties for 5 years on average before I can sell them and double.
Because these single family homes are producing 25 plus percent ROI per annum
on average. And then the fourth and final phase is an exit and multiply. Exit means
it's time to leave this property but then multiply it into more than we had
before. So, if I bought five properties, I would want to turn them into 10. Had 10
properties I'd want to turn them into 20. And as long as I'm doubling my portfolio
and doubling my investment every 5 years, bottom line is after a period of
time, it's going to give you exactly what you
want. Someone however is putting in the work. 340 of
work per deal. But it's not you and it's also not me. That's what makes this so
passive. Everything I've just described is actually done by a team of 200
experts. Now, you can build a team too. You can build a team of loan officers, title
companies, Realtors, fixer-uppers, deal finders, bird-dogs. These people can
actually run everything for you and actually work for you as well. I saw that
I could do that. That's why I built it for myself in the first place. I'm in a
world now where we actually find more product, more inventory in' and better
deals. More better deals than I can actually
purchase myself. And so, that's one of the things that I'm actually sharing with
you is that there's an opportunity for you to actually get in on some of this
action and buy some of those real estate yourself as well. Real estate can be as
hard and require as much effort as you wanted to. Real estate, it can also be as
passive and lucrative as you want it to. It's a choice.
Both exist. In the end, we get what we want. And so if a part of your psychology
says that it needs to be hard, I already know the kind of strategies you'll
gravitate towards. But if you're telling yourself, "I have a career to build, a
business to build. A life to live. Family to be with." Then you might want to make
the choice that I have which is, "Hey, I want a team of super competent experts
that do all this for me. So, I can have a more passive real estate experience." If
that's you, then guess what? You need to build a team. Now, that's going to take some
work upfront but once your teams in place, guess what? They're going to be able
to stand in and help you rock all this out. If you want a shortcut and don't
want to build the team, tada! I've already done it.
And that's why I'm in the hammock today. Because I've got all the properties
being purchased this week for me. And you could be included in that next week's
batch. All you got to do is go to the bottom of the page, here click in the
description. And you'll learn more about what
partnering looks like to actually get in and access the power team. Talk to a
member of my team now and break it down for you and see if there's a natural win
on what we can do for you. Because here's the bottom line: You can have it harder,
you can have it easy. You can have it fun and exciting or or painful and difficult.
All of that exists in the world of real estate. It's that big. If you want it to
be simpler, if you want it to be easier, then you need to get the leverage of
building a team to save you time. Or you could step into one that's already built
that you can find in the link below. Either way, it's all here for you to go
out there and absolutely crush it. It's a choose-your-own-adventure. Basically you
can decide whether you want it hard or easy. Similarly, if you want it easier,
subscribe and make a commitment to watch this video every single day every day. I
come out with a brand new video that is designed to help you learn and grow so
that you can make life frankly easier and more passive. The way it is for me,
the certain way it certainly can be for you. Take care. Ring that bell so I can
notify you tomorrow when the video comes out
and I will join you tomorrow.