You know, we might have more millionaires in this country made through real estate
than anything else but I'm still surprised I don't meet more of them on a
regular basis. It's so wild to me. You know, so many of them are accidental
millionaires just because they held real estate over a period of time. But today,
what I want to do is I want to share the biggest three things that are keeping
you from becoming that next millionaire in the game of real estate and what you
can do to make it happen right now.
You know, the first problem that people always have is they say, "Well, if you want
to invest in anything, it takes money to make money." So people say, "Yeah, if you
have cash, then you can invest successfully in real estate but if you
don't have any money then you you can't invest." You're like up the creek without
a paddle. That would they say? It's this idea that says, "Wow, if you have money, you
can make money." Think for a moment if that's true how damming that is. Like you
want to get anywhere in life and your your excuse will always be well you have
to have something first to get there. But if you had it, would you even need to
invest in the first place? Like it's kind of weird thinking. When I was 22, broke in
debt, I had a horrible paying job and I decided I want to become a mega
millionaire in real estate. One of the first things that I realized was
"Alright, I'm going to have to save my way there." And so I chose the strategies that
took time. And so it took me 3 thousand dollars over 14 months to have
money down for my very first property. And you know what? Knowing what I know
today, I didn't have to really wait that long. And so I didn't actually put time
on my side. If you're thinking that you need to save up money to get where you
want to go financially or to invest in real estate, make sure you click the link
below and get your hands on a free copy of my book, The Straight Path To Real
Estate Wealth. Over 50,000 copies. It's produced millionaires that are starting
just as broke as me. And if you watch other videos on this channel, you'll
notice that there's a lot of people that are actually out there crushing it and
using the system. So, does it take money to make money? No. Does it take somebody's
money to do it? Yes. Does that money have to be yours?
No. And I'll even show you deals where you can get what's called creative.
Creative real estate means that there's deals out there that require less than a
normal amount of money or sometimes even nothing and you can still be out there
in the game and totally winning and totally crushing it. And so that's one
thing that I want you to be aware of right now. Let me just give you one
example. One of the deals that I had done it was with a woman responding to an ad
that I had put out there that said, "Kris, I'm in trouble with my house. I've got
equity in it but I have to come up with some money and I need to move out and I
can't afford my payment anymore." And I basically said, "I'll take over the
mortgage and someday I'll sell the house. And I'll give you some of that money." And
you know she said? She said, "Great, so I was doing
an assumption." By taking over the house, all I had to do was come up with that
first payment. Will I use my lease option marketing system which is by the way
also explained in my book? And guess what happened? Someone moved into the house,
they put $7000 down, they paid everything on it and guess what? We are off to the
races. And I was making money but I skipped the banking process I didn't put
money down. That's called getting creative. And it exists. And so, this whole
idea that you have to have money to do real estate it's just not true. The
second reason why I find people don't invest in real estate is that they're
really scared of making a mistake. Because think about it. If you did
something wrong and you lose a lot of money, how would you feel?
Dude, you probably feel horrible. Even if you just got money in 401ks and IRAs and
you watch the account go down. You're like, "Did I do something wrong? Why is the
market doing that?" And that's a horrible feeling. At the end of the day, we want to
succeed. We don't want to fail and so it's very natural to be afraid of what
if I do something wrong, what if I make a mistake. And you know what? That's real.
You actually should have that fear. In fact, little babies sometime within the
first year of life, you put them up on this counter and they look over the edge
and they realize danger. I actually have depth perception now and if I fall off,
I'm going to get myself hurt. It's good for you to have an instinct to want to be
careful. But not to debilitate you and keep you from doing real estate. Are you
kidding me? Your first hundred thousand dollars is just a decision away and
you're not making it out of fear. What you need is a guide. A mentor that's been
there before, who's done it. They can take you by the hand and double-check your
work and make sure you're doing it the right way. If you want to know how to get
one of those, that's one of the services that I provide for people all over the
world. So that's also in the link below or when you get a copy of my book. The
third thing no the one that always makes me laugh is when people tell me "Well, I
just don't have time." I think the reason why that's funny to me is because
there's 2 kinds of real estate out there. Understand that real estate is an
investment. It's not a job. And so there are strategies where you can do it like
a job where you have to put yourself to work. But guess what? Dude, all you're
doing is trying in your mind to figure out how to trade more time for dollars.
Don't do that. It's an investment. If you do real estate the right way, you put
your money in and you sit back. And it requires very little from you and then
you have a chance to earn some real awesome mega returns on it if you do it
the right way. It is not a function of time. If you're looking for strategies
that require time, then you might be looking at the wrong thing. I will tell
you though if you are broke and you've got no money and you're starting from
nothing, I'm going to recommend that you learn strategies like in my book and
that you take the time to get hands-on. Now, this stuff might only take you a few
hours a week or it might happen outside of work so you have the ability to do
that. If you're sitting there and you're saying, "Well, Kris. I'm really checked to
check. Or I don't got a lot of money. But I got I've been putting money away in a
401k or an IRA. Or I've been paying my house down I've got some equity there."
Did you know that those are hidden assets and you can actually put that in
a real estate and be entirely passive? That also exists. So, this idea that, "Well,
I don't have money." Bullcrap. This idea that I'm scared to make a mistake, get a
mentor or coach. This idea that I don't have the time, that's not necessarily a
real concern either. Because I can show you ways of doing it that just really
doesn't take time. In fact, that's why people do real estate. That's the funny
chuckle part is. It's like I need to find a way to financially get ahead. I need to
find a way to use very little time to get me out of my job. And real
estate is really a beautiful and perfect way to do that. For the action taker
that's willing to have an ounce of courage and actually execute on what
they're learning. Friends, I hope that helps you understand. If you're not an
investor, you're crazy. Like I'm a young man and I'm buying a house every single
day and my wealth is just exploding. And I got a team doing almost all of the
work on it. You could have that in your life too but you've got to get started
and take the right step. So, if you do not have a copy of this book yet that I've
just released, get your hands on a copy of it. I'll get it in the mail to you.
Cover the shipping for me. Do me a favor on that. Other than that, this book is
completely free and it's for you to really jump in the game and learn how to
do real estate the right way. That it doesn't necessarily take time and money and
there's a way to get a guide to make sure that you also don't mess up. Thank you
so much for watching. Make sure that you do subscribe and I look forward to
hopefully seeing you on tomorrow's video.