Learn how to Put money into Actual Property with No Cash in 2024

Learn how to Begin Investing in Actual Property with No Cash

Hey there, it is J.R Hernandez, also referred to as Jr clutch, coming at you from San Antonio, Texas. Should you’re watching this video, you are most likely trying to turn into a profitable actual property investor in 2024, similar to I did. I began with no cash, no expertise, and no person round me to information me. However I used to be hungry and decided to study, similar to you. So, let me present you the way I constructed a profitable actual property firm right here in San Antonio and the way I am now constructing a profitable actual property portfolio.

The important thing to getting began in actual property investing with no cash is an idea referred to as wholesale actual property. That is the gateway to actual property investing and it is how I bought my foot within the door. Here is the way it works:

1. Discover Distressed Properties: Begin by speaking to everybody you realize and allow them to know you are in search of distressed properties that want work. These are the properties you will get at a lower cost and switch a revenue on.

2. Negotiate a Worth: Whenever you discover a distressed property, negotiate a value with the vendor and put the property below contract. You do not want any cash to do that, just a few negotiation expertise.

3. Discover an Investor: After you have the property below contract, discover an investor who desires to purchase a property to flip. You possibly can supply them the property at the next value and make a revenue on the distinction between what you negotiated and what you promote it for.

4. Use the Revenue to Scale: With the revenue you make from wholesaling, you possibly can reinvest it into advertising and marketing to seek out extra wholesale offers. As you scale up, you will have more cash to start out investing in actual property.

I began with this technique and now I am strolling by means of the ultimate phases of a property I purchased for $100,000. I’ve put in some cash for renovations, however as soon as it is performed, it must be value round $230,000. I am not planning to flip this home; as a substitute, I am going to refinance it and hire it out on Airbnb for a month-to-month money circulate.

Should you’re feeling overwhelmed by all of the terminology and ideas, don’t be concerned. I am right here to information you thru all of it. Drop your questions within the feedback, and I am going to be certain to handle them in future movies. Additionally, be certain to comply with me on Instagram and different platforms to remain up to date on free occasions and workshops I host in San Antonio.

So, for those who’re prepared to alter your trajectory and begin investing in actual property with no cash, hit that subscribe button, drop a remark, and share this with your mates. Let’s get it, guys!