You’ve heard that it take money to make money. That’s right, but only to a point. It depends on how you define “money.” You need to grow your intellectual capital to build your cashflow.
In this video investor J. Massey talks about his KTMC formula (Knowledge, Time, Money and Credit) and explains why you don’t need all four. You can invest in real estate even if you don’t have a dime of your own money, because you can use other people’s cash and credit in your deals. You also don’t need a great credit score.
If you want to learn how to raise private capital so you can invest in real estate with no money, you have some things to learn. Start now. Go here
Jay Massey here, with the CashFlowDiary.com and in this video I'm going to explain to you how to make money in real estate with well no money.
You probably heard it said at least once that it takes money to make money, and that's what you're thinking and here's the call thing, you’re absolutely right. It does take money to make money. However it's what you call money that's the issue and that's the challenge.
One of the things we must possess is correct understanding, or more importantly we must labor under correct knowledge. That’s luck. Labor under correct knowledge. Money is not what we typically think it is today. We must have intellectual capital. Packaging your intellectual capital is what is required to be able to earn currency which we currently call — money.
What does that mean?
That means make a book. That provides value to other people and you give something have greater value then you take from in exchange for cash value. I give you more news value then I take from you in cash value and that's the cool thing.
This happens with real estate all the time. So there are simple ways and doing this by making sure you fulfill one of the four pieces that the real estate deal knowledge, time, money, or credit.
Think there are four pieces here you only need one the knowledge the time or even the credit that doesn't necessarily mean you must possess the money. You've got one of those four you have enough to play the game.
Thanks for watching.
To get started building your business specifically in real estate investing here's what I want you to do. Click the link right here. It's going to take you to a page where I'm going to teach you the most 10 basic words that you can use right now to begin to build your businesses by finding all of the buyers, sellers, as well as investors you need in your marketplace.
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Until next time.