YouTube-The Different Ways You Can Make Money with Residential Real Estate
Abstract: The purpose of this video is to help new entrepreneurs learn some resources about how to earn good money in Real Estate.
Refer to “You” as the audience
Purple: Pitch for the YouTube Channel
Blue: To link resource
Bold: Important items to outline items
Orange: Entertainment (Yes, I’ve got houses almost everywhere in the states but I don’t like to admit it)
Green: Visual/graphic
Red: To link to another YouTube video
Introduction- (Ask a question with a “Yes” response)
- Do you have the money to invest in real estate but you’re sceptical and need directions(?) (Enthusiasm)
- Do you want to have passive income? Do you want to work half a day? Or do you wish to build a multi-million-dollar company in real estate? Would you take the advice from a real estate guru (wink) if your answer is yes, then you’ve come to the right place?
- I’ll also be sharing some resources with you that’ll give you the right startup in real estate
- By the way, I’m new here so do pardon me if I do make any mistakes. If you do like my video, explore my YouTube channel where I post other similar videos, around personal finance, business and real estate
Body– This video is for entertainment and also to pass across important information.
- There are over a hundred website that covers the different aspects of cash flow as it pertains to real estate. Ask your financial advisor, if you do have any.
- When it comes to real estate income, there are two essential ways to generate cash.
- One is by having passive income by simply buying and holding real estate
- And generating active income by flipping contracts, doing some sort of renovations or simply adding value in another area- such as gathering property development deals that have good percentage profits. This might seem to be a burden at first, but it would be something you’ll enjoy once you gain the added experience.
- Most times it is advisable to conduct your research and select the right real estate for investment, and it even has to take an in-situ inspection of the area of interest if it so permits. When most people think about gaining financially from the real estate sector, they ask the following questions;
- How can I make investments in real estate? Well, here’s the thing, you can utilize a variety of methods which includes any of the following;
- Trading on fixed assets such as jewellery, cars, and more
- Borrowing from a bank or getting a money loan
- Applying a peer-to-peer lending network
- Partnering with an investor with cash
- Or, simply taking over someone’s mortgage payments who isn’t capable of paying up
- As stated, there are five main techniques for generating real income in real estate. Whether is passive income or active income, it all depends on your strategy of execution.
- We have, Lease options; Here, you simply lease with an option to buy.
- Home renovation flips; Just fix houses and make them the more beautiful.
- Short sales; this occurs when the current owner of the home is behind their mortgage but the property isn’t entered into foreclosure.
- Contract flipping: All you have to do is find a distressed seller and a motivated buyer, then bring them together.
- Commercial real estate; this is where you can make a good amount of cash. A commercial real estate developer doesn’t focus on flipping properties of any sort but also developing them, adding much value to properties to increase their net incomes via renovations and upgrades.
Resources
Conclusions
- Quick tip, you don’t need to be an expert in investing in real estate. You just need a good entrepreneurial personality and an upbeat work style.
- Insightful sentence to end your essay.