EP050: How to Begin Investing with No Money and No Experience [Case Study]

Is it possible to invest in real estate with no money? Can you purchase a property with no real estate experience under your belt? Today’s guest owns zero rental properties, has no money to invest, and is ready to make the jump into real estate investing.

On this episode of Investing in Real Estate, I’m sitting down with future investor, Pablo Fernandez. Pablo is prepared to begin on his real estate journey, but needs coaching through the process. On today’s show, I’ll offer Pablo my best advice, and going forward we’ll chronicle his progress here on the podcast. We’re elaborating on private lending, making connections in your community, and how to begin building a real estate portfolio!

More About This Show
Pablo is a London based tech entrepreneur, who is interested in increasing his net worth. Through extensive research, he concluded that buy and hold real estate investing would be the most profitable avenue for him to pursue. As an avid listener to the podcast, Pablo understood the benefits of building a passive income through rental real estate.

He began exploring his options, but without money to invest, Pablo’s options seemed slim. When he calculated his Freedom Number, he found that to sustain his lifestyle in London, he’d need to acquire 50 properties. Pablo's Freedom Number is much lower but he aims high, and his desired lifestyle number is 50! 

Instead of giving up, Pablo decided to work harder. He knew that given his circumstances, he’d have to think outside the box. He reached out to our team about his options moving forward. On today’s show, I’m giving Pablo my advice on how he can make find financial freedom through real estate investing.

I’m offering him four specific steps he can take to move closer to his goal of being a real estate investor. We’ll talk specifically about securing private lending, including how to talk to investors, and the different ways to structure a note.

We’ll also talk about making connections with other investors, and how to approach a meet up. Additionally, we’ll discuss how to assess if a property is a good investment, and how to think about long-term strategy and remain focused during the “buy” phase of investing.

If you're ready to take the first actionable step toward building a passive income,

We’re ready to talk about your goals and want to help you learn more about earning legacy wealth for you and your family.

Interesting case study....Getting started in real estate investing even if you don't have any money or experience. Real estate podcast.

On this episode you’ll learn:

  • Why are traditional bank loans a terrible option for an investor with no money?
  • What is the importance of building a one-sheet?
  • Where are two specific places to look for private investors?
  • Is it acceptable to ask a private lender about their current investments?
  • What qualities should you look for in a real estate group?
  • And much more about acquiring rental properties with no money!

Episode Resources
EP034: The Power of Private Money – Interview with Susan Lassiter-Lyons
Getting the Money by Susan Lassiter-Lyons
Getting the Money Course
The Millionaire Real Estate Investor by Gary Keller
Find Your Financial Freedom Number
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