EP 26: How Much Money Do You Need to Get Started in Real Estate Investing?
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Many believe you need huge amounts of cash to start real estate investing. The truth is different. In this episode, Brad Hovis shares practical strategies that require little to no money, including wholesale deals, lease options, subject-to financing, private funding, partnerships, and the BRRRR method. You will learn why education is your most valuable first investment and how creative techniques can lower your out-of-pocket costs.
Key Takeaways
- You do not need hundreds of thousands of dollars to start investing in real estate.
- Education is the most important investment for beginners.
- Wholesale deals and lease options can be done with minimal cash.
- Subject-to financing allows you to take over existing loans without paying them off immediately.
- Private lenders and partnerships can fund your deals if structured correctly.
- The BRRRR method can produce infinite ROI when done right.
- Master leases can create cash flow with zero purchase cost.
- Proper legal structuring is critical to avoid SEC violations and other penalties.
- Free content is helpful, but structured education reduces mistakes.
- Action plus education is the formula for success.
Resources and Links Mentioned
- REI School
- REBIZ
- PropStream
- FreedomSoft
- Book “Over to Retire” by Brad Hovis (for self-directed IRA rollovers)
- Real Wealth Formula Calculator
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35 episodes