How do I start earning in realestate?

[Divine Nasikpo]

Hello everyone, 

How do I start earning in realestate (no matter how small it is) if I don't have over $10,000 in cash or in collateral asset. Basically wholesaling would've been the best but there is alot of negative comments about wholesaling this days.

So what is the best way to make small income with $0 from realestate and also grow along the way?

[Melissa Justice]

Hey @Divine Nasikpo

If you have limited cash or assets, there are still ways to start earning in real estate:

1. Wholesaling: While there are mixed opinions, wholesaling can be done with minimal money. You find distressed properties and sell the contracts to investors for a fee.

2. Partnering: Partner with investors who have capital. You can contribute by finding deals or managing properties in exchange for a share of the profits.

3. Lease Options: Control properties without owning them by renting with an option to buy, and potentially sublease for profit.

4. Owner Financing: Buy properties directly from sellers willing to finance, bypassing traditional lenders and often requiring less upfront money.

5. REIGs: Join real estate investment groups to pool funds with others for property investments.

For a more hands-off approach, investing in turnkey properties in growing markets with minimal upfront investment would be ideal (like in the Southeast and Midwest of the country). These properties are tenant-ready properties and support long-term growth. 

It’s possible to start small, build experience, and scale over time. That is what our team at Rent to Retirement has been helping investors to do for a decade now with BP. I'm happy to answer any questions you have about analyzing markets or getting started. Most importantly, choose a market that aligns with your goals!

Best of luck!

Melissa, Investment Strategist at Rent to Retirement