How much money can you make investing in real estate? Is it a little? Is it a lot?
Well, I'm going to tell you on this episode. Stay tuned. Hi guys. In this video I'm
going to be giving you the good, the better, and the best amount of money that you
would make investing in real estate. I'm going to tell you what to expect investing
in real estate. I'm going to tell you some mistakes that I made investing in real
estate and how you can avoid them. And I'm going to give you the secret to
doubling your income in real estate investing. Okay. So, we're talking about
how much money can you make investing in real estate. The first thing that you
really need to look at is yourself. What is your commitment to this? Are you
wanting to do this full-time? Are you really committed to it? Or is it
something that you're just dabbling in? That's really a question that you're
going to have to ask yourself because that really determines the answer about
how much money that you're going to make. So, let's be real. Are you doing this kind
of just every now and then? Are you going to be committed to do this every single
week and work on this? Because it really makes a difference. And I can tell you if
you do it often and you do it consistently, you'll make a lot of money.
But you don't have to spend a lot of time. We're going to get to that. The second
thing that you need to think about or consider when we're talking about how
much money you're going to make when investing in real estate is going to be
"What your strategy is?" What are you doing most of the time? So, I'm going to give you
the 3 primary strategies. One, wholesaling where you really don't own
any properties. You're really just getting properties and you're flipping
those contracts and getting a fee. That's one way. Second way: Fixing and flipping.
That, again, a myriad of things. We could be talking about fixing and flipping
we're doing big full renovation jobs or we're just fixing a couple little things.
But the bottom line is you're doing some repairs to the property and then
reselling it. That's another thing that you can do. And then the last thing is
rental properties and being a landlord. You know this is really going to
determine because those are 3 different things and they provide 3
different types of income. So, when we're talking about real estate investing, you
really got to talk about, "Okay, which one of those primary categories? Which one of
those 3 buckets am I really playing in?"
To tell you a secret at the end about each of those buckets. But write it down
and think about which one of those 3 buckets are are you in? Which one are you
going to concentrate on and what money is attached to each of those things?" So,
we're talking about wholesaling, on average you're gonna make about $5,000
per deal. If you're fixing and flipping and you're doing the full renovation, the
data shows last year in 2019, the average fixed and flip, the profit on it was
about $65,000. So, you know, yes you took more risk and you spent more money. But
that's about what you would make fixing and flipping houses in real estate. And
then number 3, being a landlord and getting that passive income from the
rental income. You know, that's going to get you each property, if it's just
a single-family residence, that's going to get you 4 or 5 hundred dollars
a month. So, how many of those do you need? Let's go through it. And number 3 when
we're talking about how much money you can make investing in real estate, I'm
going to give you the real T. The real bonus. You actually want to do something else
too. And that is when you are investing in these pools of properties. And you
receive monthly or quarterly income from that. The way that I actually do it is
I've always had where I had my own company and I did fixing and flipping.
And I did wholesaling and I had my own rental properties. But then, I also would
take my money and I would buy into portfolios. And we would have pools of
properties and they would send me checks. I have a great opportunity where you can
get it on stuff like that for as little as like $500. This is the
real key to making a ton of money. You want to get in here. You want to learn
these things and do those 3 buckets but you want to also invest in a pool of
properties so that you own a piece of hundreds of properties and you only
invested a small amount of money. And you're receiving those profit sharing.
And last but not least, I'm going to give you one bonus way that's really going to
help you make some money investing in real estate. I got to tell you just a
quick story of how I did it. When I was working, like I said, you guys know you've
been watching my channel. I used to work a boring corporate America job. I would
learned how to do some wholesaling kind of on the side making about $5,000 per
deal while I was working. You know, picked up an extra 50, 60, 70 grand a year
on top of my income. Then I eventually quit my job. Made millions and then
started doing it full-time. Now, I'm here on YouTube teaching you all. But the key
to what I did was reinvesting the money that I got and investing in these pools.
I was really able to connect with people and create some great partnerships. Joint
venture agreements and find people that were in the business that had more money
than I had, more resources than I had and were better at looking at property than
I were. And they made a ton of money for me. And so, that's what I started doing
recently. Now, that I've transitioned from working and done all those things, now
I'm creating an opportunity where other people can do the same thing or you
could do the same thing for others in your community. But we are stronger
together and when we pull our money together, we can buy a lot more
properties and really start to change things. Where in a year, you have a
totally different life doing this. So, there you have it, guys. I've given you
all of these different ways on telling you how much money you can make
investing in real estate. How much money I've made investing in real estate. I
want to take this opportunity to invite you to click the link below. Take an
opportunity to see what we're doing. It's a completely free webinar
where we're teaching you on how we're pooling properties together and giving
people opportunities. They're receiving quarterly profit sharing checks from us
and owning hundreds of properties for just a few hundred dollars. So, go ahead
and click on that opportunity. Go ahead also and like this video. I'll see you
next time.