How To Start A Real Estate Business From Scratch - YouTube

Can you imagine if you weren't elk and you had two of these on your head? And

what a dirty trick like... You got to go through the forest and then you're

getting branches and stuff and you're waking up all the hunters and then the

next thing you hear is that *PFFT* That's super random. But you know what? That doesn't

relate at all to what we're talking about today.

So, today we're talking about how you actually build a real estate business

from scratch. And here's a couple things that you need to be aware of. If you're

watching this video you're thinking, "Why wouldn't I get out there and just build

a business from scratch?" Now, take it from someone that has done thousands of deals.

Literally thousands of deals over the last 15 years. And here are the biggest -

misperceptions that I find. People will either say, "Oh, you're going to need some

money if you're going to do that. You know, money credit ."aAd then the second thing

they say is, you know, "And you're going to need some experience." And I'm like, "Wait a

second. That doesn't make sense." Are you saying

the chicken comes first or the egg? Because you can't get experience until

you actually get out there and do something. And then they're going to say

"Yeah. But if you mess up because you don't have experience, you're going to lose

everything bro." You can see why this is what keeps people from from starting the

real estate business. And I want to show you how to kind of get over that today.

I'm going to introduce you to some acronyms. And here they are. The first one is OPM.

Did you know the stands for? It's not opium. For the masses. This is OPM. Stands

for other people's money. So, when someone says, "Oh, I don't have money. Oh, I don't

have credit." I say, "Great, then what you need to learn how to do if you're

starting a business from scratch. Your job isn't to possess the resource. Your

job is to gather the resource." That distinction my friend is worth a million

dollars to you. Your job isn't to possess the resource. Your job as to what? Gather

the resource. So, OPM means I got to go out and find the people who have the

money. And by the way, why would someone give money to you? I mean you've never

done any of this before. Easy. Because if you find a really good deal, then the

money talks and then people jump in and that's how people and real estate get

started every single day. The next thing that you want to leverage is o-p-s. This

stands for other people's systems. Do not reinvent the wheel. If you're going to start

a business in the game of real estate, then don't be like, "Oh, yeah, yeah. We're

going to flip a property then we're going to do, you know, multifamily then we're going

to a rental." Listen, you want to specialize

as quickly as possible. And if you're going to do your first 5 deals, do not do

5 different kind of deals. You want to pick the best strategy and then do that

one strategy 5 times. You want to that for a couple of reasons. Reason number

one is that if you learn how to do real estate this way and on your next deal

you try it that way, you're diversifying way too much and you're having

experience and nothing. You need to collect experience because with every

single deal in the same experience field, you get better and better and better and

better and your profits get bigger and bigger. You do not want to be the

jack-of-all-trades in the game of real estate. You want to be the master of one,

okay? Now, in a moment, I'll show you a system that you can leverage. There are

many systems that are out there. My system is simple. If you're a beginner,

you should be doing lease options and you should be doing no money down real

estate. Because if you don't put any money up and something goes bad, guess

what? You're protected, right? I want you to be insulated. And I don't want you to

have this excuse of "But I don't have the money." Some of these deals take maybe

like 4 or 5 grand. You'll find amazing deals it'll take 10 grand. But

you'll find deals that don't require any money or like a very nominal amount,

right? So, leverage someone else's system. The next thing that I want you to be

aware of is that you want to leverage O-P-E. Other people's what? Experience. What

you need is a guide. Sometimes they're called Mentors.

And I want to give you the definition of a good guide. The guide has already been

where you want to go many times. Like imagine for a moment that you want to

climb Mount Everest, right? Like you have a choice. There's 2 guys available ones

like, "Dude, this is like my first time up Everest but I got certified online. It's

going to be awesome." And you got the other guy who's like, "Alright. You're going to

prepare. You're going to do everything that I tell you to do. I've helped 300 people

up the mountain and no one has died on my watch yet. Not one. And you won't be

the first." It's like... Which guy would you pick? I'd probably pick Mr. crotchety,

right? Like crotchety over surfer dude, probably going to be a safer pick. Similarly

in the game of real estate, an experienced guide has done what you want

to do at least ten times over. So, for example, if you're like, "Hey, I want to

make a million in real estate." Then go find someone that's made 10 million

dollars, right? That already exists. Do not reinvent the wheel and don't

be out there alone like the lone wolf. So many people are like, "If you want

something done right, you do it yourself." That's how you get killed. Do not murder

yourself. What you need to do is you need to say, "If you want something done right,

you get a pro, you get a team, you get an expert." So, O-P-M, O-P-S, O-P-E leads to O-P-D.

Other people's deals. Listen, if you have other people's money, other peoples deals,

leveraging other people's systems, other people's experience, guess what you have

now? You have everything that you need for making tons of money. Your job is to

be the deal maker that pulls it all together. What you need to do is get the

resources. Now, if you're starting from scratch and you don't know what that

means, then this is your guide. This book the

Straight Path To Real Estate Wealth is the first of many books that I've

written. We just came out with the next edition. We've moved fifty thousand copy

this it's created millionaires that documents, have done thousands of deals.

And the reason why this book is important for you as a beginner, is that

if you're starting from scratch this book basically says I've compared the

top 30 strategies in real estate. And I whittled it down to one that'll make you

the most money, with the least time the least effort in the least risk. This book

is free. It's a gift from me to you as long as we have excess supply. We do run

out from time to time. But if you click the link, just cover the shipping and

this book will get mailed out to you. When it gets to you, here's what you're

going to get: You're going to get my system for how you start from scratch.

Number 2 is I'll share with you where you go and find the money. And number

3, I don't even share how you get a guide. When you get this book, it also

comes with a complimentary no BS consultation. That means talk to a member

of my team. They'll put themself in your shoes and

figure out what scratch means. And then help you get started on whatever your

first steps look like. Or just do it alone. All I'm trying to do here serve

you with all the resources and tools that certainly have the power to help

you be crazy successful at this game. So, we've talked about today the 2 biggest

misperceptions. We've talked about the reality that every resource you need

already exists. And as long as you have a system, other people's money and a guide,

dude, you are home free. There's no reason why you can't do a deal this year or 20

deals this year. Because I have students actually doing that. If this was useful,

do me a favor. Subscribe and ring that Bell. Because I come out

with the video every single day designed to help you address left brain, right

brain, right? I'm going to help you develop the mindset of wealth. AAnd I'm then I'm

going to give you the tools for how you make it happen.

Best wishes, See on tomorrow's video.