ENGAGING IN REAL ESTATE IN THE NEW ECONOMY SENSEI GILLILAND
So what do you do? How do you get
started investing in real estate without a
large amount of capital?
There are a number of options out there.
But to make it really simple; there are two
main paths available to everyone from
millennials to boomers.
A. Real Estate Wholesaling
Real estate wholesaling is all about
getting in, getting out, and getting paid. It
can help you generate cash quickly, and
in lump sums. It is more on an active form of investment, yet it completely scalable as a business model. Some
have even mastered doing it virtually using new digital tools. If you have some time, but are light on capital and
credit, this can be a great choice. It’s even great if you are bearish on the future of the economy and real estate
market. Once you’ve made some money in wholesaling you can just grow what you’ve built, or start adding in
other strategies too.
B. Partner Up
Wholesaling might not be for everyone. It is simple, but some people just prefer more passive investments.
Maybe you’ve got a great job, are still on college, are already retired, or are working on a nonprofit cause you
are really passionate about, and just don’t have time to be out there searching for deals, fixing them up, and
flipping them. Or perhaps you just want complete time and location freedom while money works for you. If that
sounds like your deal then partnering up is probably for you. You can partner up with others who will do all the
work of finding properties, making offers, rehabbing, placing tenants, and property management, and just get a
healthy return on your money. You can do this by teaming up with your friends and family, finding a mentor,
going in on a joint venture with other investors just like you, or putting your money to work in private lending.
There are lots of opportunities here, and some in which you can get started with just $10,000 or less.
7 Steps to Success
I know it sounds easy when laid out in a magazine like this. Then it can be easy to get distracted, and if you
want them there are endless excuses not to take the action to get started. So we’ve just done something new at
Black Belt Investors to pave the way to success for you.