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We’re big real estate fans here at Money Done Right.
I personally caught the real estate bug early on in my adult life. In my 20s, I bought a 4-unit building in the Los Angeles area for only 3.5% down, living in one of the units and renting out the other three. In some circles, this method of acquiring property is known as “house hacking.”
Then two months after that — the culmination of a yellow letter + postcard campaign — I paid cash for a single-family home with non-paying tenants from a distressed landlord who needed money fast. I kicked the tenants out, did a “paint and carpet” rehab, and sold for 66% more than what I bought it for.
⏰ Time Is Money
Were these deals profitable? You betcha. I made quick cash on the single-family home and still hold the 4-unit today, though I no longer live there. Did I learn a lot? Of course.
But were these deals also extremely time-consuming? Yup. Real estate is supposed to be a passive investment, but managing these properties sure didn’t feel passive at all!
? So Now I Invest In the Big Stuff
That’s why today I invest in large-scale real estate projects such as apartment buildings and development projects.
These deals are vetted, underwritten, and managed by seasoned investors with far more experience than I will ever have.
And it’s easier than ever to get your foot in the door with the new “crowdfunding” model of real estate investing that is partnering everyday people’s money with a variety of deals across the country.
I put in money, and I get quarterly or even monthly distribution checks with no tenants, no toilets, and no termites.
?? Real Estate Investing Is Now Democratized
See, this “new” model for real estate investing is essentially what we’ve been doing for generations in the stock market: we take our $5,000 or $10,000 or $50,000 and invest in companies, becoming a part-owner of companies like Coca-Cola, Apple, or Facebook.
And now, for the first time, we can do this with real estate: we can take our $5,000 or $10,000 or $50,000 and invest it in a real estate deal, becoming a part-owner of an apartment building or an office building or a development project.
And this is institutional quality real estate, mind you, not turnkey junk or MLS leftovers.
Finally, real estate investing has become democratized. And it’s something you can do right now, from your computer. Interested? Read below for how you can get started today.
? How to Invest in Real Estate Online
Historically, getting started investing in real estate was very difficult. You had to spend countless hours researching properties. And you had to come up with a substantial down payment just to buy something off the MLS, and if you wanted the best deals, you typically had to pay cash. So typically, you would end up having a good deal of your net worth in one property, which could be very risky.
But now you don’t have to cough up $500,000 or even $50,000 to get your foot in the real estate door.
Thanks to technology, you can now get started investing in top real estate deals online, from your computer, for as little as $5,000 through RealtyShares.
I recommend that you watch the 90-second video below to get a basic overview of how RealtyShares works and then click here to sign up for more information from RealtyShares.
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