Best Way to Make Money in Real Estate Investing 2020

Best Way to Make Money in Real Estate Investing 2020

If you’re looking for the best way to make
money in real estate investing next year, I’m about to pull the curtain back. I’m going to totally reveal what you won’t
hear anywhere else. And if you take your real estate investing
seriously, go ahead and click the subscribe button so you never miss an episode. I post really cool stuff like this every week. Alrighty, let’s do it. This is Theriault media. Alrighty. So let’s cut to the chase and we’re just going
to go over the best way to make money in real estate investing. And then stick around to the end and I’m also
going to share with you the easiest way, the fastest way, the biggest way, the safest way,
and the most practical ways to make money in real estate. And I know I suggested that this is the way
to do it next year, but the year doesn’t really matter so much as you do. Meaning not all money is created equal and
not every investor needs the same type of money, nor has the same resources to make
the money in the same ways. So here’s a real life example of what I mean,
and I’m going to use two of my most successful clients to demonstrate. I’ll use Brad and I’ll use Corey because they
both make boatloads of money investing in real estate, but they both do it very, very
differently. Whose boatload of money is the best? Well, the answer is yes because they’re both
boatloads of money, right? But what is the best way for you? That answer not so clear, and we’ll get to
that in a second, but let me explain the difference between these two Epic clients. First, Brad loves to work. He’s a total workaholic. He spends tens of thousands of dollars every
month on marketing for motivated sellers, and as a result, he buys and sells several
properties every month to the tune of, as of the recording of this video is approximately
$200,000 a month. He’s a total rock star. I mean, that’s like a new boatload of money
every month. And many people would consider Brad’s way
the best way until they hear how Corey does it. See Corey loves to play. He’s a playeraholic but he understands the
necessity for work to fuel his play and he spends very little, if any money on marketing
at all. And he builds relationships and he talks to
people everywhere he goes. And he acquires real estate by making creative
offers to sellers where he amasses equity in a very accelerated manner. And then what he does is he refinances all
that money out and I think in the last 18 months or so, he’s refinanced more than a
million dollars in cash yet he still owns all of the properties of which each and every
one produces a monthly residual income for Corey to where not only is he financially
free, he was able to retire his parents too. Now, which way is best for you, Brad or Corey’s
way? Maybe neither because there are even other
ways to do it like the way Epic client Maura does it and the way Epic client Joshua does
it, and that way Epic clients, Jack and Josh do it, but enough about them. Let’s talk about you. Let’s get the focus on you. How do you do it? How are you going to pull this off? So the first thing that is going to determine
the best way for you to make money in real estate is your goal for doing it in the first
place. Do you need this real estate money to live? Do you want to build passive income or does
the idea of doing both sound good? Are you looking to supplement your job’s income,
your day job’s, income, or totally replace it? Is this for retirement purposes or legacy
purposes or just have fun and live life to the fullest right now purposes? The truth is most people that get into real
estate investing, they want all of these things to some degree, but before you get started,
it’s going to be best to prioritize these outcomes because if you don’t, it’s very easy
to get pulled in multiple directions and end up missing out on all of these things. You don’t want to do that. So set your priorities with why you’re doing
this in the first place. The second thing that is going to determine
which way is the best way for you is to take inventory of your resources. Most specifically the amount of knowledge
you have, the amount of time you have and the access to money that you have. And so real quickly for me below, share with
me in the comments where you’re strongest, are you strongest in knowledge, time or money? Just type that in, knowledge, time or money. Because getting clear on this is going to
be a big help in you choosing the best way for you to make money in real estate. Knowledge, time or money. Just let me know in the comments below where
you’re the strongest right now. And then what I’ll do is I’ll go ahead and
respond with some specific ideas for you. Right? So the third thing is your desire to do the
work. Meaning what’s your capacity for and the desire
to take on the heavy lifting that’s required. Do you want to build a business out of real
estate investing? Either part-time or full doesn’t matter, or
do you just want to leverage someone else’s business and have them all just do it all
for you? Once you’re clear on those three things, your
goal, your reason, and what type of, what do you want to use the money for, your resources
and your capacity for doing the work. Once you get clear on all those, it’s going
to be much easier for you to choose which way is the best way for you to make money
in real estate. Alrighty, so now let’s look at all of the
different ways to make money in real estate. First, the easiest way. I’ve heard many people refer to this as house
hacking. That’s the common word these days. And that is to buy a house or a duplex, live
in it, rent out some rooms or the other units. And then in a few years you buy another, turn
your previous house into a rental, live in the new house. And then in a couple more years you just do
it again and you just continue to repeat that process over and over again. And this is a really great strategy for building
income and wealth through real estate if you’re limited on funds. You see you can get that very first house
with as little as a 3% down payment using an FHA loan and if you’re limited on time,
you can almost just ask a realtor to go find these types of properties for you. Nothing special in this type of search and
if you have no aspirations to turn in your real estate investing into a business, then
this a great strategy for you too. It’s going to take some patients, particularly
in the beginning, but it’s probably the closest thing to a for sure thing when it comes to
making money in real estate with really no extraordinary effort on your part. And for that reason, it may be the best way
for you to make money in real estate. Next, the fastest way, wholesaling, is the
fast flip and what makes it fast as you flip a property before you ever take ownership,
you never put any money into it. You never fix it up. You merely put a property under contract and
then you just sell the contract to someone else that’s going to do all of that stuff
themselves. This is wholesaling. It takes limited money, a little bit of time
and take some hustle, but it can be fast money like in less than 30 days and for that reason
it may be the best way for you to make money in real estate. Next, the biggest way. It’s the fix and flip. It’s where you buy a house, you add value
and you sell it for a profit and when done right, there’s really big money to be made
fixing and flipping. It’s why it’s so popular. It’s why there are countless TV shows featuring
this strategy. It takes some specialized knowledge, takes
access to money and time, and if you’ve got those and you like big money, it may be the
best way for you to make money in real estate. By the way, before I get to the best way and
the safest way, if you like big money, smash the like button for me, but only if you like
big money. Alrighty. Next, the best way and that is to buy and
hold. And I call it the best way because it’s the
strategy that gives you access to all of real estate’s wealth building properties like appreciation,
depreciation, amortization, cash flow and leverage. It’s the strategy that has given real estate
the name of producing more millionaires and billionaires than anything else on the planet,
but it takes money, both acquisition money and financial reserve to maintain your properties. It takes a little bit of time depending on
how fast you want to go and a little bit of patience, but not much. The strategy, it can snowball fairly quickly,
like within three to four years, you could produce more wealth for yourself. The 99% of the population produces in 40 years. It seems slow at first, but it’s the fastest
strategy to building wealth, not necessarily fast but the fastest. And if you find that appealing, it may be
the best way for you to make money in real estate. Next, the safest way. And before I get to it, if you’d like some
help with getting started with one of the strategies that I’ve already mentioned, what
I did is I pulled this video aside for you to see what it’s like to work with my team
and myself. And what I’ll do is I’ll put a link to this
video in the comments below. I’ll put it down there for you also for your
convenience. Alrighty. So the safest way is to finance real estate,
meaning lend money to others so that they can buy real estate. And there are two ways you can do this. First, very simple, just flat out lend people
the money so they can go buy the real estate. The second way, which is a little bit more
lucrative is you can buy real estate and then carry back the financing for someone to buy
your real estate from you. This is exactly the type of stuff that banks
do and that right there is what you call a hint. You see, what most people don’t realize is
that home ownership is promoted to the masses because it creates and maintains the demand
for the bank services that make banks so wealthy. Because there’s a saying when you get to a
certain level of real estate investing that the money is in the money. So yeah, it’s really lucrative, but it’s also
super safe. And here’s why. You see what’s commonly thought to be bad
news for you and I in real estate like floods, fires, repairs, bad tenants, defaulting owners
are typically good news in the form of increased profits for banks. Bad for owners, good for banks. They are the first to be paid by insurance
companies and if their borrowers default, you know what they do? They take the properties back and they just
sell them right over again. And darn right, it’s really tough to lose. And if you like the idea of that and you have
the capital backing to be a lender, then it may be the best way for you to make money
in real estate. Now the most practical way, I’m really fond
of combining the fastest way, wholesaling to generate active income and then invest
your active income into the best way, buy and hold to generate your passive income. And that’s what we help our clients do here
at Epic. If you’d like to see an example of how the
whole thing fits together, what I did is I pulled this video out right here. Pulled this out for you as an example of a
real estate investing business plan. And don’t forget to like this video, subscribe
to the channel and share with someone else that you think might find it useful. Alrighty. Thanks for watching. Take care.

48 thoughts on “Best Way to Make Money in Real Estate Investing 2020

  1. Hey Matt….Time!

  2. Time

  3. Thanks for the info Matt.

  4. Time. Sadly, it's time.

  5. Knowledge and time

  6. I’d love to hear details on self direct ira investing

  7. Lots of great infomin this thank you for sharing!

  8. Great strategies with excellent questions to determine which way to go.

  9. Wow, love this! So much information in one video. I’d say I’m most lacking in time, but will keep watching your videos so I become more knowledgeable! Thank you for sharing!

  10. Knowledge

  11. Time Matt!

  12. Good stuff. Thanks for the knowledge . God bless.

  13. I have time and knowledge

  14. Such a great video! Thanks for the awesome information

  15. I really started thinking about the real estate investments

  16. Great video, thanks for the share very cool concepts

  17. Great ideas! Thank you!

  18. Knowledge!

  19. Great tips! Appreciate you going in detail on things as well

  20. Awesome info! I'd say I have knowledge and time most right now.

  21. Thank you for sharing this valuable info!

  22. Great video – there are so many people here in Florida doing the fixing and flipping now is incredible. Thanks for sharing. Love your thumbnails as well 🙂

  23. Knowledge and time

  24. I am so excited to find your channel and to continue learning! A lot for us to really think about because honestly… the only thing we really know is we WANT to get into real estate investing in the future. Thank you Matt!!

  25. Another great video 🙂 great information thank you so much!

  26. I needed this exact video. My plan is to begin my real estate investment journey next year, this was so helpful!

  27. thank u for the info

  28. Some great info here, thanks for sharing!

  29. Awesome video! Great for someone like me who's completely new to real estate investments. Thanks for sharing! 🙂

  30. Right now I feel strongest in knowledge.

  31. You just opened my eyes to make money in real estate.

  32. Subscribed AND hit the bell. Great video – looking forward to the next one!! Mine = TIME

  33. Thanks for making this video!

  34. Great ideas. Thanks for sharing.

  35. Great information! I may be biased but I feel real estate is the best investment in the world. Thanks for the info

  36. Killer thumbnail 😍 I need to watch all your videos on the most practice ways!

  37. Love it!! I'm strongest in time! I did a flip once about 15 years ago, and it was the most awesome experience, but unfortunately life and kids took over and we've had to focus on paying the bills instead of putting our money into real estate investing. I soooo wish I had the $$ to invest in doing it again! Great video!!

  38. Loved the video content! GREAT video!

  39. Awesome content! Thanks for sharing!

  40. I am the strongest in time!!

  41. Such amazing tips! I’ve always wanted to get into this!

  42. Thank you for sharing these tips! I alway like to learn about investing

  43. i loooove the vibe of the video. valuable information and i'll share that with my hubby.

  44. Great information, I didn't know there were so many different ways to make money in real estate.

  45. Killer info!

  46. Interesting information. Buy and hold strategy does sound exciting. And also interesting to learn some safe options

  47. I’m strongest in knowledge. Thanks for these great tips!!

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