Have you ever wondered how so many people make millions and millions of dollars or they say they’re making millions and millions of dollars a lot of money in real estate, we’re gonna break down how people make so much money in real estate and how you can get started, and how you don’t even need to go to college. You don’t even need any money to get started, you can start today, let’s dive right in
By the end of this video, you’re gonna gain a clarity on the diverse revenue streams that people can get in real estate, understand the power of leverage and how people are leveraging others like agents, wholesalers fix and flippers, even hard money lenders, how they all leverage each other to make more money. And we’re gonna dive into the different types of real estate sales and how people that really sell real estate, they’re the ones that are making tons and tons of money. So let’s gain some clarity on the revenue streams that come from real estate. There’s so many different ways to make money.
And we’re gonna I’m gonna go a little bit more depth in depth on this because I actually have a video later on in this video where I actually break it down in real estate sales and all the revenue streams. But I’m just quickly just gonna let you know that being a landlord is a great way to make money in real estate. If you own a lot of properties, it’s a great way, if you own industrial properties, if you own multifamily for rents, if you own assisted livings owning properties in real estate can make you a ton of money. But also selling those properties can make you a ton of money, we’re gonna go into this over that as well. But there’s so many different revenue streams. And that’s where people are making money in this industry is there’s it’s high ticket items. If you’re selling a low ticket item, like a candy bar, you’re not going to be able to make so much money off it.
But if you’re selling something worth millions or hundreds of 1000s, there’s just more more bread more more room for people to eat, and to feast, I guess at the table if there’s more money being made. So that’s why so much money is being made in real estate because it’s high ticket items. If you understand the power of leverage in real estate, you can make a lot of money. There’s a lot of different moving pieces in a deal. For example, if you’re a flipper, you can use a hard money lender to get your loan, you can use a company to help you flip it you can use a wholesaler to get your deal.
There’s a lot of moving pieces in order to flip a house. So there’s a lot of people that can make money. There’s people that can move, take the trash out, there’s people that can rehab it. So that’s where a lot of money can be made in real estate, especially if you’re really focused and really good at flipping. Or if you have those businesses that can help supplement and help the flipper or help the wholesaler like if you’re selling software. There’s just a lot of ways to make money in this industry because again, it’s high ticket. One of the best ways to make the most money in real estate is through real estate sales.
But before I get into that, I want to invite all of you to go to my website investor thrive.com I have an amazing masterclass where I teach you exactly how to get your first deal in real estate with little to no marketing spent, you probably think I’m BS no, I’m telling you. I just did a 30 day challenge where I didn’t spend any money. I went to a brand new market and got a deal for $5,000 in less than 30 days. You can do it too, when I masterclass where I can teach you but right now let’s dive in this video about how you can make money and how people are making so much money, especially through real estate sales. I break it down let’s dive right in. When it comes to making money as a real estate salesperson, what are the ways you can get into the game and start making money?
Well, guys, I mean, when it comes down to the real estate industry, there’s so many ways to make money. It really depends what do you want for your life? What’s the lifestyle you want to live? What’s your goal, okay, and I know a lot of you like depending on you know who you know, in what you’ve researched online and on YouTube, you probably have heard about real estate agents, wholesalers. But let me kind of break down exactly all the different ways that I know of that I think you can get into real estate sales commercial, if you want to start getting into commercial properties. You can do get into that field you I mean, you have to be an agent, but I think there’s different licensing for commercial agents or you have to get specific qualifications if you want to get in commercial. If you want to be a developer, you can you know learn from people who develop properties that buy land develop them.
That’s a way you can make deals or living in real estate sales that way you can also be like I told you already said it real estate agent you can be a real estate agent and start listing properties you can be a buyer’s agent on real estate agent covers bliss seller’s agent that list properties and buyer’s agent that bring buyers but it’s kind of the same thing wholesaling we talked about that that’s basically finding discounted properties and bringing them to investors or other cash buyers. There’s so many different ways that you can make money in real estate sales it really just depends what you want to do. Now I’m going to list off a couple things that you can do to make money in real estate sales or in real estate in general let’s just start with real estate in general because most real estate opportunities there sales involved so let’s talk about if you want to be a fixin flipper, okay, so if you want to rehab if you want to be like the HGTV, you know, take a house that’s distressed or outdated and fix it up. That’s one of the ways you can make money in real estate. Okay, so be a rehabber. If you want to be a landlord and just own a bunch of properties and do do that.
That’s That’s another way you can make money and as you do that, there’s Bill’s involved because you’re trying to buy and sell properties. Property Management, a property management has to do with real estate instead of being the landlord. You can manage the landlord’s property for fee, Airbnb. That’s another way you can do that. And then you’re selling the property right? You’re trying to rent it every night. So Airbnb is no way to make money in real estate sales. Being a wholesaler, you can do that, where you’re finding discounted properties and trying to assign your contract for a fee. There’s real estate agents, whether you want to be a listing agent, a buyer’s agent, obviously, you can do both. That’s where you can make money. There’s obviously the realm of commercial real estate, you can do land you can do land acquisitions. So really, when it comes down to it is what do you want to do? I mean, there’s so many different ways to make money in real estate sales or in real estate in general, you just have to find your niche.
Now the niche that I chose was wholesaling. And as a wholesaler, you can target all the different types of properties out there, whether that’s multifamily single family, commercial land developments, and really, you can do anything that’s why I liked it because it was a I was able to target all those different ways, avenues and niches of real estate. So when it comes again, when it comes down to what is the best way, which is the best way to get into real estate sales, it’s up to you. Now if you know you’re probably gonna go with what you think can make you the most money I know a lot of people probably want to go the real estate agent route just because real estate agents are a little bit more prevalent, they’re more well known.
Maybe you can list some properties for your family maybe you know some people that would work with you and you have a good relationship in your community. But the way I did I didn’t want to I went into wholesaling I didn’t want to be a real estate agent. I didn’t want to list homes and show people and walk people through houses and do all that I just thought that was lame and not calling anybody that is a real estate agent lame.
That’s just not something I wanted to do. What I wanted to do is talk to sellers we’ll and deal with being conversations structured deals, and that’s kind of what wholesaling is wholesaling is finding a property or finding a distressed property or seller and helping them find out like the best solution to their problem, whether that’s buying it for cash, whether it’s seller financing, whether that’s innovation, whether it’s flipping their house partnering with them, there’s so many different extra strategies that come from being a wholesaler and I call a wholesaler just because wholesalers, their strategy is to find a discounted deal and assign it but I don’t even now I don’t even consider myself a wholesaler,
I’m a real estate investor. I’m a transactional engineer, deal engineer where I take a problem, I find a opportunity and I find out what’s the best way to capitalize on it and get a sale. Now again, this is not only it’s not only wholesaling. Once you get in this game, as a wholesaler, you’ll learn that there’s many different techniques that you need to implement it right now with the way the markets going, learning how to do seller finance, creative financing is probably one of the most important ways just because interest rates are shooting up so high. And you can have all these sellers that you can work with that have low interest rates that you can either pay them on seller financing and use them as the bank with a lower interest rate you can take over their properties, their mortgages subject to there’s so many different ways to work with people in the sales in do sales with them in the real estate industry. So my opinion, start as a wholesaler, and then you’ll level up as you go. But it’s really up to you, you can start as a real estate agent to it doesn’t really matter. But if you’re gonna ask me, the best way to start the which which way I started was wholesaling. What is the easiest way to get started? Well, because if you want to take the path, the path of least resistance meant to be to be real, I didn’t start being a real estate agent, I didn’t really go through any of the other techniques.
So it’s really hard for me to say which one is easier. I’m telling you about the path that I took. And to be real, being a wholesaler is not easy. I mean, there’s a lot of competition. And that’s probably how it is as an agent, that’s probably how it is is a landlord property management company, whatever, there’s competition, so I wouldn’t say it’s easy, but I would say the path of least resistance is probably wholesaling. Just because you don’t need any money to get started. You don’t need to get qualification off to get a license, you just go right for it. And then if you wanted to wholesale property today, you could find discounted property on the MLS, you could find one for sale by owner, you could talk to your neighbor, talk to your friends, maybe do it right now call me if you have a discounted deal. I’ll help you out. I hope you get it done. And we’ll split the deal. Join my JV program, and I’ll get it done. All right. So like I said, you can get it done. And one thing I want to invite you to do I mean, it would help me out a ton is if you could please comment in the comment section. Give me a shout out.
I read all my comments and I’d love to engage with you guys. I mean, what really helps this channel grow and get in front of more people and be be able to produce more content for you is if you can comment, like subscribe and hit the bell icon because what that does is it triggers the algorithm, and it helps me to grow. So I’d appreciate it comment. I’ll give you a shout out or respond I promise. So what why am I suggesting wholesaling? Well, again, it’s low risk, okay, it’s low risk on your capital. You don’t have to spend any money.
It’s low risk on the entry of you know, your commitment in the sense that you don’t have to get a license and commit to six months or a year. classes are hours long, it takes you to go through like 900 hours videos and go through a test. That’s why wholesaling is is a great option. And I’m telling you if you get started wholesaling, you stay consistent, you will level up, I never would have thought in a million years when I started wholesaling that I be okay with flipping properties that I could do seller finance that can teach people what I’m doing now, but it’s that’s what happens if you go into anything with five years of experience, you can master something if you do it every day. And that’s what I want to let you guys know even if you’re brand new, and you’re stuck in analysis paralysis, I’m telling you just get started take action and you can do it. Now if you’re a beginner.
Now if you haven’t done this, and I’ve already told you to start wholesaling. But if you really want to know my opinion, really like I’m just gonna give it to you straight. Which one should you start with? Well, you should start as a wholesaler, that’s what I think you should do. There’s tons of coaching, there’s tons of mentorships I have one, there’s many people that have one, be aware, be wary of, you know what, which one you do join, because you know, some you’re gonna pay a lot of money and you’re not going to get any access to the coach, you’re not going to get any access. I have seen that and I’ve created ones that where you get direct access to me, if you do my mentorship, if you’re in the club, you get direct access to people in the program that can help you grow. If you’re in the JV mentorship, you’re gonna get all the tools you need. So that’s what I suggest and then wholesaling. There’s so many different materials and information out there. You don’t even need to pay to join my community.
I mean, I have a free Facebook group, and I give you all the materials you need to succeed I give you a free mind map so wholesaling is great just because there’s so much information out there low risk, so get you so you can get started. I hope you liked that video. Again. I’d love to see on my masterclass it’s absolutely free. Just go to investors thrive.com and you can register and we’ll send you reminders of the event. And if you liked this video, please subscribe because I have a lot more for you that I think can help you. No, it’s not that I think I know it can help you succeed in your journey. See you there.
