How To MAKE MILLIONS in Real Estate Investing | Become e a DYNAMIC Real Estate Investor

How To MAKE MILLIONS in Real Estate Investing | Become e a DYNAMIC Real Estate Investor

inflation literally hit 9% Money is losing value, right? You can’t buy as much with the money you currently have as you could have six months ago a year ago, so giving those people an opportunity to make 9% on their money as a private money lender, you now we’re helping them counteract in fight inflation. giving someone an opportunity like that could be a game changer.

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Yo, yo, what is up Welcome back to the science of flipping podcast. I’m your host, Justin Colby. Now I am on a massive mission to create 100,000 dynamic real estate investors. Now what does that mean? Well, it dynamic real estate investors able to move with the market. And we all know the market is moving real time right now, between inflation getting above 9% between interest rates likely going to be hitting 8% sometime very soon that the market is changing real time. But most importantly, how I define dynamic is you me and 100,000 real estate investors not be one trick ponies do not doing it. I love wholesaling. But there’s so much predominant education out there about being a wholesaler, the real wealthy, the real people who make real money. I’ll tell you this right now, those of us who are more than just a wholesaler, we are the ones making real money that you actually see on social medias not just doing one trick pony stuff like wholesaling. Again, I will tell you now, I love wholesaling. But it is not the only thing you should be doing. You should be a dynamic real estate investor. So the very first question I get when I talk about this from stage is, Well, Justin, you know, I want to be able to do these things. And I want to start rehab flipping, and I want to buy rentals, but honestly, I just don’t have any money, you need money for those things. So I want to put that to rest right now, just so you are clear, you do not need any money to rehab homes, you do not need any of your own money to buy rentals, you do not need any money to do creative financing, you do not need any money to buy a home and sell it off as a seller finance note, you don’t need any money for any of that there is actual strategy to be able to raise private money. In fact, in my course, in my coaching, I go through exactly how to raise private money. Because quite honestly, it’s not that difficult. The people that have challenge raising private money, more often than not, is because they actually have never tried. Again, I was speaking with a young gentleman in South Carolina this weekend, as I was speaking at an event there. And he said, Justin, I don’t, my friends and family are really, really broke, like seriously broke. And I said, Well, I can appreciate that I didn’t come from money, but I can appreciate not having any. But what I will tell you is you don’t even understand the power of your network. What you don’t understand is about being a part of a community, like the science of flipping community, there are people in my community that you can be a part of that you can actually find private lenders in my community. I have a full Facebook group with 12,000, almost 13,000 members in that group. I also have coaching groups, but those are paid for coaching. But just being in those groups, and being active in those groups can help you raise private money. So here’s one thing I asked him to do. I said, how many people you know, do you have on Facebook? How many friends do you have on Facebook?

He was like, I don’t know, like a couple 1000. I said, do me a favor. Have you ever posted that you have a couple real estate investing opportunities that you’re looking for a capital partner on? Have you ever posted anything like that? He said, No. I said, go do that. And he kind of you could tell in his voice and how his mannerisms he started to get nervous. And I said you should probably do it right in front of me. Now that got him really nervous. I started to back off a little. But the reality is this. Most people don’t even know who they have in their network or what those people have. Meaning more often than not a lot of people have retirement accounts. You’d be shocked to know how many people have retirement accounts with a substantial amount of money and that is just sitting there. Now I just told you guys, inflation literally hit 9% Money is losing value. Right you You can’t buy as much with the money you currently have, as you could have six months ago, a year ago. So giving those people an opportunity to make 9% on their money as a private money lender, you now are helping them counteract and fight inflation. giving someone an opportunity like that could be a game changer. And if it is in a self directed IRA or 401 k, that is all tax free income, meaning that 9% You’re paying them goes back into the self directed IRA 401k. And it is not taxed. So again, guys, I’m on a massive mission to help people understand. You can wholesale, you can wholesale, you can rehab flip, you can buy long term rentals, short term rentals, you can buy for seller, finance notes, and never need none of your own money. But you do need the strategy and techniques. Now I’m here to make sure that you understand you can be dynamic, you don’t have to wholesale everything. You don’t have to be a one trick pony. Now, yes, if having a little of your own capital, can you put that into marketing, create more opportunities 100%. In fact, I will tell everyone that this is really an opportunity game. This is really you and me and everyone else trying to find those opportunities to maximize you want to maximize the opportunities that you get. But you don’t, or I should better yet, I should say the best way to maximize those opportunities is by simply understanding how you’re going to exit those opportunities. That’s why you can’t just be a wholesaler. Because everything becomes a cash offer a certain formula that may or may not work for the seller will have your offer every single time is this cash offer at a certain formula. And I can come in there and offer five or 10 or 15% More than you can, because I’m going to keep it as a long term rental, because I know how to raise private money to do that. Guess whose offer is going to get accepted? What if I understand that I can actually turn it into a seller finance note. And I’m just going to offer full price from that homeowner and then resell the note at an interest rate that’s going to be lower than what people can actively get right now and the 30 year long term. Who’s going to get that deal? Well, the point I’m making here is if you understand you can do it all. You just need to be taught the right processes to do it the right strategies to do it, the right tools to use, then you would never just be a wholesaler, I wholesale, but I’m not a wholesaler. I’m a real estate investor, right?

I do absolutely everything. And I’m on a mission to create 100,000 dynamic real estate investors, not wholesalers. There’s nothing wrong with wholesaling. Again, I’ll say it again. But if you don’t understand that you’re in the business of opportunity, and then to maximize each and every opportunity. And the only way to do that is to diversify how you’re exiting the property, then you need to understand that you need to believe it, you need to be a part of communities like the science of flipping community, right there on Facebook, it’s a free group, the science of flipping, there’s roughly 13,000 people in there and growing each and every day by about 40 or 50 people that you need to be a part of that community. Because here’s one thing that I know to be true for sure. There are four pillars in this business. The very first pillar is your network. Now, what does everyone say? Your network is your net worth, right? But then you need to be networking with some really powerful strong, you know, successful people. But even if they aren’t there yet networking with others, can help you build a community that you’re all working as one. Number two pillar is going to be understanding your market market analysis. What market are you in? Why? You see, you don’t want to go buy a rental in San Francisco. It’s not exactly the best return on investment. But can you buy a rental in Tulsa, Oklahoma? Absolutely. So understanding your market. Number three, the pillar is going to be making sure that you actually understand the exit strategy. Make sure that you understand per opportunity per lead that you bring into your world. How am I going to exit it? And lastly is make sure you’re diversified? Not just an exit strategy. But in marketplace. Are you only buying single family homes? Well, you probably shouldn’t have ever diversifying to townhomes and condos to why not? I’ve made a lot of money off mobile homes. Are you only in one market? Can you potentially go to multiple markets, diversified the business? Real estate is national. You don’t have to just be in one market. I wouldn’t actually encourage you that you don’t need to be and you shouldn’t be. There’s there’s opportunities like privy privy has been a game changer. I’ve been looking about it for 10 years. I mean Jamil Damji. Many of you know him, literally just had a great conversation, because we were in the car for two hours about the power We’re privy if you just go to privy. t s o f stands for the Science of Living. So www.privvy.tsof.com and use the code science one, they’ll give you seven days for $1. It is a game changer. I have many students, five students last week alone got their very first check in under 30 days, I have the checks in the pictures just to show it because I’m so impressed with what they’re able to do with privy. So this is a game changer. If you understand it’s not just about being a wholesaler, because you may not have a lot of money for marketing. You need to be everything you need to be dynamic, and I’m on a mission to help you become a dynamic real estate investor. By the way, if you’re liking this at all, smash the like button, make sure you’re subscribing on YouTube. And I’ll see you guys on the next episode. Peace

 

 

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