It took me just 3 years to build a multi-million rand real estate investment business. My secret?
Never put any money down for an investment property. When I say this to beginner real estate investors, I’m almost always met with a barrage of questions. How can you invest with no money? Who pays for your investment properties? Is that illegal?
If you ask any successful real estate investor, they’ll tell you that they find other investors to partner with. This is the most effective way to reduce your risk while investing in a large number of high-quality properties.
There are many types of investors to partner with- family and friends, other real estate investors, angel investors, real estate agents, real estate investment groups- the list could go on.
However, if you don’t know how to find them, this can all feel like a pipe dream. Here are the top 4 ways to find investors:
I can’t suggest this enough: network, network, network. If you look at any of my social media pages or the comments section of my blog posts or YouTube videos, you will often times see many of the same names. This is because I have a large network of fellow real estate investors, agents, property managers and angel investors. The larger your network, the more potential investors you may know! I have partnered with both people in my immediate network, as well as people I have met through these connections.
2. Reach out to people you know
Have you ever heard of your “warm market?” The business world uses this term to describe potential partners who you already have a close rapport with. This includes friends, family, co-workers and neighbours. While there are pros and cons to partnering with those in your warm market, one thing is for sure: it can be the fastest way to find investment partners.
3. Social media
We live in the age of social media! Everyone has a social media account of sorts- Facebook, Twitter, Instagram- and they’re all showing off their lives. I don’t say this as a bad thing! Social media is a great way to identify potential investment partners in your area. You can see who has the money to invest, as well as an existing interest- if not experience- in the real estate industry.
4. Property Stokvels
Property stokvels are full of people with the means to save money, but these groups oftentimes lack a real estate investment expert. By partnering with property stokvels, you can help them find deals and they can help you invest in property.
If you want to invest in real estate with no money down, it’s imperative that you partner with an investor. However, keep these key takeaways in mind:
Partner with people on a property by property basis
Only partner with those who know the real estate industry
Only invest with people you have built relationships with
While it may sound daunting, partnering with investors is the best way to make money fast with real estate investment while reducing risk and increasing your ROI. Ready to get started?
At the end of September, I hosted the largest Virtual Real Estate Summit ever with 10+ real estate and PropTech experts. We discussed how to close deals, how to find investors, structuring and growing your portfolio, our 2020 rental market predictions and how to digitalise your real estate business.
Did you miss the Summit? I have good news: you can still get access to the information-packed sessions. Book an Advanced Pass for 12-month access and a Premium Pass for lifetime access! This deal is only available until the end of October!
These passes include:
Sessions on topics like: structuring your investment portfolio, digitalising your business, protecting your business from a pandemic, post-COVID 19 tips and online real estate investment finance
Access to the exclusive Facebook group so you can network with other investors
R15,000+ worth of FREE templates
How-to videos for popular PropTech tools (such as TPN’s online tenant monitoring system and property analytics portal)
If you’re a beginner real estate investor- or an existing investor hoping to increase your profits- I can’t recommend the Summit enough. We have already had such great feedback from attendees. See for yourself and purchase your tickets today! But hurry! You can only get access until the end of October!
If you’re ready to take the next step in your real estate investment journey, I would love to help. I have created a no-nonsense course that can help you go from beginner to profitable real estate investor in the next 90 days. Click HERE to find out more!
Interested in learning about how to invest in real estate with no money down? Grab your copy of my ebook How to Invest in Real Estate with No Money HERE! I am giving it away for FREE! In it, I reveal my proven strategy to building wealth through real estate investment without spending my own money. This strategy includes several of the income streams I created without paying any money down.
So- are you ready to start building wealth through real estate? If the answer is “yes,” then it’s time you followed these steps:
1. Register for my upcoming live stream
2. Download my ebook
3. Join our Program
4. Watch our previous Live Stream on the YouTube Channel.
5. Join our Facebook Community to plug into a mastermind of like-minded individuals.
6. Book a FREE Mentorship Call with me