If you’re worried about cash flow (and who isn’t these days?), you’ll want to invest in income producing properties.

This is your secret weapon to generate the most amount of cash in the least amount of time even if you have very little money or credit.

This is exactly what I would do if were starting over today.

Based on my 30 years of experience, this is what works. And there’s no better time than right now. This a boom time for real estate investing. In fact, I never invested in appreciating markets like we saw several years ago. I always invested in depreciating or flat markets like we see today, but interest rates then were between 8% and 12%. Today, they’re 5%. It’s actually cheaper to get started investing today, and that’s one of the reasons why this is a boom time for investing.

Using the same investing methods I’m about to share with you, I achieved financial independence in only 3 years. You can too.

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Believe it or not, when I first got started in real estate, I only needed $1,000. You don’t need much more than that even today.
I was able to turn that $1,000 into $4.7 million in just several years. Try getting that kind of return in the stock market, or in just about any other investment!

It’s a common misconception that you need to have money to make money; or you need tens of thousands of dollars to invest in real estate. That would be nice. And if you have it great! But if you don’t, that’s fine too. Keep in mind, our goal is to generate cash flow quickly. So you don’t need a lot of money to get started.

Guess what? Today, you don’t even need as much I used to get started. Do you have $1? Seriously, that’s all you may need.

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“How do I get started Russ? I don’t have much money; and the little I do have, I can’t afford to lose. But, I see the money you made in real estate and I see what others have been able to do…so, how do I get started?”

This is probably one of the most popular questions I receive. Perhaps you’re asking the same question.

You’ve probably seen the get rich quick ads on the Internet, late-night TV infomercials and in the backs of magazines, and wondered whether you could really earn enough money to enjoy the cars, houses and lifestyle that they claim.

Heck, I even sent away for some of those books and courses that were advertised years ago. I was working in a slaughterhouse just paying the bills. However, I always knew that I could do something better. I just didn’t know what.

I didn’t have much money back then, so writing a check for a $10 book on real estate investing was a big deal to me. Believe me, I understand what it’s like to worry about not having very much money and worrying whether an investment (even a $10 book) will pay off. Well, I did write that check, and the rest as they say is history. I started with literally nothing, became financially independent at age 27, and built the largest education and training program in the world with 60,000 people registering for our courses every month!

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Practical tips to help you get the financing you need.

Believe it or not, you can make substantial profits in real estate using little or none of your own cash.

But even though the cash might not be yours, it still takes money to invest in real estate. If you don’t have the money I’ll give you a few ideas where to find it. If you do have money, I have plenty of other articles to show you how to use it for maximum profits and return on investments.

Lots of people want to invest in real estate but don’t want to do the work involved in finding the properties and putting the deals together. They may be retired investors who have worked long enough and want to spend their time relaxing, or they may be working professionals (doctors, lawyers, etc.) who want a secure investment with a good return, or they may be anyone who understands the value of investing in real estate.

They’re willing to fund the deals of people like you who are out there doing the work. They make money and you build wealth – it doesn’t get much better than that!

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Last in a 4-part series

Note: Making money in a slow market is not new but it’s at a time just like this when I made a fortune in real estate and I hope my experiences will help you build your own wealth.  In part 1, I discussed how easy it was to get off track, but once I had a plan mapped out I was ready to take action. In part 2, I talked about the importance of building a line of credit and to never stop looking for deals. And in part 3, I talked about how to work with the bank on a foreclosure.

Lesson #4: Seller financing and discount mortgages (short sales) are the best tools to use in a down market

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Third in a 4-part series

Note: Making money in a slow market is not new but it’s at a time just like this when I made a fortune in real estate and I hope my experiences will help you build your own wealth.  In part 1, I discussed how easy it was to get off track, but once I had a plan mapped out I was ready to take action. In part 2, I talked about the importance of building a line of credit and to never stop looking for deals.

Lesson #3: Banks are not in the foreclosure business

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Second in a 4-part series

Note: Making money in a slow market is not new but it’s at a time just like this when I made a fortune in real estate and I hope my experiences will help you build your own wealth.  In part 1, I discussed how easy it was to get off track, but once I had a plan mapped out I was ready to take action. See part 1 to determine how to create your own plan.

Lesson #1: Start building your line of credit right now

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First in a 4-part series

Wrong decisions give you right experiences

Once you’ve built a personal fortune, you’ll never again be satisfied with just getting by.

When I moved from New York to Florida, I had to figure out how to rebuild my fortune – and do it quickly. What followed is a valuable lesson in how I took $1,000 and began to turn it into $4.7 million in just 18 months, and how you can do it, too.

But truth be told, I didn’t always make the right decisions along the way.

You see, when I was planning to move to Cape Coral, which was on the verge of a population boom, I came across a very enticing offer. A Realtor had a deal on 12 lots for $24,000 that sounded good, so I gave him a deposit and began selling my properties in New York.

Though I was charging forward at full speed with plans to move, I decided to back out of the lot purchase in Cape Coral.

Up until that point, all of my successes had occurred when I controlled my own investment – that is, when I saw the property, knew the market firsthand, and negotiated the deal either by myself or with a real estate agent.

Even though the Realtor in Cape Coral had been introduced to me with a strong referral from a close friend, that fact was that I barely knew him, and I was getting ready to send him a sizable down payment on lots I had never seen that were far away.

My first big mistake …

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