Some people think you need a lot of money to invest in real estate. Money is only one part of the equation to invest in real estate and it is something that You may not need to provide to invest. Check out this video to find out the rest.
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J. Massey here, with CashFlowDiary.com; and in this video, I'm going to explain how to invest in real estate with no money.
Ok, so you want to do real estate but you're like “Jay, I got no money.”
Permit me to take you to completely different examples so that you can understand the concept of value.
Alright, value. There are times when a company likes to say this company comes out with a product and you know what happens, people stand in line. And some of those people standing in line have no intention whatsoever of owning the product themselves.
What do they do they stand in line for other people and because they're standing in line for other people those other people often compensate them for standing in line using their time to stand in line for them on their behalf. Whatever that amount is something they agreed to but at the end of the day, they created value by simply standing in line for products like this.
The interesting thing is you can do the same thing with real estate. Just because you may not possess the capital that goes inside the deal there are still other components that are required to make the deal work where can you quote unquote stand in line when it comes to real estate investing
There are four basic components; those four basic components are simply knowledge, time, money and credit. You may not have the money, and credit and that's completely ok. What you do have are the knowledge and the time. The only thing that's left for you is to collect enough knowledge so that it becomes valuable to the person who has the money and the credit.
Thanks for watching. To get started in real estate investing today here's what I want you to do. I want you to click 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 in your marketplace, to begin to find buyers, sellers, as well as investors.
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Until next time.