It was very difficult for people to earn money in Real Estate before online listing. This online world has changed the pattern of Real Estate. People who struggle hard to get loans and invest in Real Estate have some solutions. Now they can sell their Real Estate Services online to make money and reinvest that in rental properties and house flipping projects.
There are many ways to make money in Real Estate without money, but today I’ll provide some different things that aren’t shared on other websites. Everyone knows the same formula people use to make money in Real Estate, but this one is different. Today we’ll break down some strategies connected to real estate that require no money to start.
3 Real Estate Investment Strategies With No Money
- Cold Calling
- Skip Tracing
- YouTube Channels
These are the 3 different strategies people underestimate, but when you use them the right way, you’ll make loads of money and reinvest them in big projects. I want to suggest one thing before digging deep into the method. You’ll learn 3 different strategies, but never start implementing those strategies at once.
If you have started your YouTube Channel, don’t mess around with Cold Calling and Skip Tracing. Multitasking might result if you work every waking hour like Elon Musk. If you can’t do that, then don’t play with multiple things to get disappointments later. So that was my advice and now let’s start our breakdown.
If you have the skill to communicate with investors, then Cold Calling can help you land some great paydays. Here’s how:
First, you need to find the best investment targets in Real Estate. The targets require low investment but provide more money in return. Let me explain with an example if your neighbor wants to sell his house requiring normal maintenance. You need to visit his house and count the estimated money for maintenance. Once your neighbor gives you the authority to find an investor for bidding, you need to find investors from Facebook Groups or Twitter Tweets.
When you have found the investor, you need to call him on his phone number. Now, this depends on your communication skill. If you have a good experience in Cold Calling and promoting different things, your skill will help. Find investors and when you succeed in finding one, call him and explain the whole story. Tell him how much investment is required to maintain the house and other benefits. That’s where your tongue test is taken and how you satisfy him is the real thing. When an investor gets satisfied, your neighbor will make a sale, and you’ll get some commission. Now in this whole process, you don’t have to invest money because you didn’t go far. Your neighbor the house, and he was living a few doorsteps away from you. The rest of the work was completed using the internet and digging through Facebook and Twitter.
So without investment, you make money and invest that money to find sellers in other areas or cities. Traveling takes time and money, but your first mission must be completed online. That earned money should be invested in traveling further and finding the targets in other areas of your city. To learn more about Cold Calling, you need to read this article providing 25 Expert Cold Calling For 2022.
Skip Tracing is another best way, but you must be connected with some investors before using this technique to earn well in Skip Tracing. If you aren’t aware of Skip Tracing, let me explain it in simple words. Skip Tracing is finding someone’s contact information, and once you have that, you need to market those people with your product.
Investors use this technique to find contacts of Wholesalers. They spend a few bucks to get the address of the person owning Wholesale Property. Now, how can you make money with this? Well, it’s simple, and here’s how:
You need to contact Skip Tracing companies and tell them about your service. Before contacting these companies, you must list Wholesale Properties in your city. Let’s say you sent an email to Lert Skip Tracing (Popular Skip Tracing Website) and told them that I live in Florida or whatever state you are living in. I have a list of Wholesale Properties your investors will never miss.
If they reply to your email, give them that list and ask them to forward them to the investors they are connected with. If you send the list first, they might not reply to you because they have what they want. So always email first, check the response and make a deal with them if they respond well. Tell them you’ll provide a list of Wholesale Properties in Florida or Texas.
These companies are frequently in contact with investors. So if your list helps those investors find Wholesale Properties and purchase them, you both will make money. That firm will charge the investor for providing the Wholesale Properties, and you’ll also earn some commission. Now expand your contacts with other Skip Tracing companies. There is not just Lert Skip Tracing; Batch Skip Tracing and Skip Genie are also famous.
Contact all of them and if they respond well, then deal with them to find direct investors for the Wholesale Properties you found yourself. So that’s how you can make money with Skip Tracing. You can also contact newbies from different states and add them to your team. Ask those newbies to find the best Wholesale targets. Those newbies will make a list and forward it to you. You then forward that list to the Skip Tracing company you work with. Boom, you’ll make money to invest in Real Estate.
People never reveal this, but this is the best way to make money because YouTube is the 2nd largest search engine. If you know some powerful tips to make money in Real Estate, why don’t you start a channel on YouTube?
Currently, YouTube is paying good to people providing good views, and the Real Estate market attracts the best views ever. So if you have something in mind, you must create a YouTube Channel and start uploading videos. Once you get recognized, investors and wholesalers will contact you for promotion.
If you succeed with this, you’ll make money from your YouTube Channel. Money from YouTube views and the people you helped. This process requires struggle initially, but when your channel attracts thousands of views, you can sit back and count the earned money.
So these were the 3 Best Ways To Make Money in Real Estate without investment. The other ways are older, so I haven’t listed them again because you don’t want to read one thing repeatedly. If you have any questions related to this topic, you can drop a comment to get an answer. Website owners usually never respond to comments, but we do, so don’t worry. You can comment and expect a quick response from our team.