Investing In Real Estate Doesn't Require A Big Capital
Have you ever dream of owning your business, managing your own time, playing with your kids at home but always discouraged and become hopeless when there is always a CASH attached to it? Ofcourse we'll say there is always a capital for a business! we can't start on our own because we simply can't afford to start and set it up. But what if I tell you now that you can jumpstart into a BIGTIME Business.. as in NOW...?? without having a Capital would you believe it? would you try it? Ofcourse some would say YES!!! and the remaining would keep all their imaginations in their minds wondering if it is true.. and then they would spend their whole life thinking if this will work out or not-- thus they end up with no result. But for those who said YES! their follow up question would be, HOW?
Then this Ideas come along. In Real Estate, you need a SALIVA More than a MONEY to succeed. In Filipino ( Laway lng ang puhunan!) Ofcourse Courage tags along.You dont need a big capital to start with the business. All you need are the 5Ms which are inspired by our Filipino Real Estate Mentors Trace Trajano and Lary Gamboa who consistently help Filipinos achieve their dreams in becoming a real estate millionaire. The 5Ms are Mindset,
Marketing, Mentors, Mastery and Management. Each play a significant role to be able to succeed in the Real Estate Business without any capital.. In Real Estate, you can 1.) WHOLESALE Properties and 2.) RETAIL Properties. Wholesaling of properties is the safest hence it doesn't involve too much risk for a capital, since it's a Non-Capital Requiring Business. In a Real Estate Wholesaling you have to gather perfect Deals and good buys first, meaning, attracting motivated sellers. Motivated sellers are the ones who give their property a much more discount because they simply want to dispose their property! Maybe because they need money immediately for their sick auntie, for their hospitalized mother or for their migration to other countries. Sometimes it's because they are behind their monthly amortization and/or they are already in steps to forclosure. In a way, you can also help people on their way out to this problem. You earn more as you help others as they say in Real Estate.When a motivated seller agrees with your price, then tie up with the property by a document called a Purchase and Sell Agreement or also known as Purchase Contract. The seller can't sell the property to anybody else unless the buyer does not close. In Closing, the title goes from the seller to the buyer and the seller gets the money. Closing occurs 14-30 days from the time the purchased contract is signed. This time period gives the buyer a chance for property inspection, checking the title and getting financing usually from the bank, and the buyer which is the "Wholesaler" uses this time to FIND ANOTHER BUYER who will take over his position. Selling the property will now require you extreme marketing, for you to be able to dispose, sell it fast and earn from it immediately even without a capital! and that's in real estate wholesaling only! The second thing you could do in real estate is to Retail, and this will need your cash now. It is where you renovate properties and lease it. For now, let's start in Wholesaling wherein, no Capital is mentioned but you can start right away the real estate business.
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