Here’s the article that shows you how to go from totally broke and homeless to becoming a billionaire in 90 days or less.
Step 1) You are homeless, so find a place to live. Under a bridge or in a homeless shelter or you meet a friend and ask if you can sleep on his couch. (time: 2 days)
Step 2) Try to get whatever little advantage you can. That means anything from a) borrowing from family friends. b) get welfare c) find where you can get a free meal d) work some temporary jobs e) maybe buy and sell something for quick money i.e .: sell tickets at a game or something f) finish your resume and get placed online and in print. (time: 2 days)
Step 3) At this point, let’s say you’re at least barely stable. However, you are still unemployed. Then you start applying for a job. It makes it a challenge to see how many places you can apply or interview per day. As the winner of the Guinness Book of World Records for running at 500 locations per day and interviewing at 10 of those locations daily. Like you turn it into a marathon. You literally apply for “any job” within your city. Anything from the CEO to McDonalds. And you set a goal to have a job in 1 week or less. 2 max. (time: 2 weeks)
Step 4) At this point it hasn’t been a month and you have a place to stay and you have a job. You get your first paycheck. At that point, his time on his friends’ couch or at the homeless shelter is over. So you say goodbye and find someone who rents a room there at home for a very low price. You rent it and move in. (time: 2 weeks)
Step 5) With your next paycheck, buy a used computer and start using it after work. You work 8 hours, you sleep 8 hours, that gives you 8 hours to surf the web. So, use that time to start learning how to invest in real estate. Just study everything and anything you can find about real estate investing on the web. Your goal is to become “an expert” in real estate investing. You join all the real estate clubs in the area. Find a real estate mentor. You buy a good real estate housing study course. Use your travel time to listen to audio about real estate investments, etc. (time: 2 weeks)
Step 6) Start networking with other real estate investors. And go the extra mile to meet the biggest players in the real estate investment club. You make up some business cards. Exchange with them and get to know them. You try to have one of the most important players be your mentor. This is done simply by befriending them. Then you start making connections.
And start looking for potential investment properties on online MLS listing sites. (time: 1 week)
Step 7) You keep saving money from your day job, you keep networking, you keep learning how to invest in real estate, and you keep working on your story. You have now saved enough to start your real estate business. Print some business cards. Buy $ 500 cheap because that will be important. Follow a cheap. A cheap briefcase. And you place an ad in your local newspaper and online classifieds that says something like: “Get 10-15% Annual Return on Investment. Your Name on the Property Title Provides a 100% Guarantee of a Safe Return. Call 555-555-5555 “. (time: 2 weeks)
Step 8) You will start receiving calls from interested investors. You want to find someone who has money and good credit. of which you don’t have any yet. When they call, they ask “what is this about?” You say, “I’m a real estate investor. I buy houses that would be great to sell or rent. I have several great investments right now. Can you sit down with me for coffee and I’ll show you some? Of them, how does Tuesday sound? at 3 pm? “. You meet with them. You park your old, rusty $ 500 cheap car on the block so the customer won’t see it. (ha ha) You meet the angel investor (client) and show him some of the listings you printed from the MLS that you already considered good investments. You ask the client to put in the money and credit to get the mortgage. That is part of the investment. Your part will be to orchestrate the house move. So you say to the client: “Look, I’m an expert in these things. You put in the money and secure the mortgage on the property, then I’ll take care of the rest in terms of cosmetics and change of house. Then once we sell the property , we will split the profits 50/50. You will show them how your ROI will be much higher than the 15% you originally promised. How they will be in the title as an owner so that they are 100% insured. “You also connect with people from the real estate club that offer this deal. You may have to talk to 100 people to find 1 that bites. (time: 2 weeks)
Step 9) You have found your angel investor. Get them to agree to work with you in writing. You get verification of your ability to finance the deal and you have the credit to get the mortgage. Next, find a home that would make a great home move. You get them to provide you with the funds for the initial payment. You tie up the property. You get the investor to see their mortgage broker to obtain a mortgage on the property. Ask your attorney to draft the paperwork that also secures your part of the project in writing so that when the property is sold, you get half of the funds. So that both you and the investor know in writing what your commitments are. (time: 2 weeks)
Step 10) Buy the house. One that doesn’t need tons of reindeer. So you mow the lawn, paint the front, and clean it thoroughly. Put it on stage. Put it back up for sale. And flip it for a very healthy profit. After all expenses, his flip went reasonably well and he made a net profit of $ 40,000. You are an angel investor and you get $ 20k and you get $ 20k. Now that your angel investor is happy and has some confidence in you, start working with them regularly. Just rinse and repeat. You get them to do another and another with you. Let’s say on average you can pocket $ 20k per project. You do 5 cartwheels and now you have $ 100k saved. At this point, you can probably start doing cartwheels on your own.
Step 11) You use that $ 100k to make your first pitch. You find an amazing deal, buy it, or work with your mortgage broker to buy it for an established income mortgage. You flip it over and this time you pocket the full $ 40k. Keep doing it now. You change another 10 properties. $ 40kx 10 = $ 400k. At this point, you convert your operation to a larger scale. Hire some newbie real estate investors to work with you. Train each of them to go out and find deals. It finances them. They do the job of flipping them. And you pay them a salary plus a small commission for the successful launch. Now, with a team, you can do at least one jump every week. So in no time you’ll see monthly earnings of over 100,000.
Okay, this is where it gets interesting … But you have to visit my website to find out how the story ends. See you there.