How To Get Started In Real Estate – Your 1st House
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How To Get Started In Real Estate – Your 1st House


Today, you are joining the great
conversation on how to get started in real estate investing. Me and my real
estate business partner, Steven Michael Miller, have some information on what your
first steps look like. Let’s not overcomplicate things. In fact,
today, we’re going to keep it super super simple because there’s so many people
that one of the biggest dangers of getting started in real estate is
getting stuck in a cycle of wanting real estate but never really doing anything.
In fact, Steven, over the years, we’ve met so many people they’re like, “Oh, I’ve
wanted to do that for five years. I’ve wanted to do that for ten years.”
Stop having things you’ve wanted to do that you just keep putting into the
future because one would now be the best time to do real estate? – Is that a trick
question? – It is. It’s now. – When would now be the best time to start doing real
estate? It is now and I’ll tell you, you know the first thing that you need to
start with is just information, knowledge and you know, you hear the old adage all
the time, knowledge is power and it really can be if it’s applied
appropriately, you know. Oftentimes, we debunk that say, no, knowledge isn’t power,
it’s experience but experience is nothing more than taking knowledge and
putting it into action which when we get to in a minute but that knowledge is so
important. Where do you go to find the knowledge, Kris? – Well I was going to tell
you right now, when I started my journey in real estate, I wanted to know about
all the different strategies so that I could get started on the right one and
if you’re watching this video, you’ve got to be thinking yourself, what’s the first
strategy I should start with? What’s the best strategy for my circumstance? I
think that that should be the first thing that you contemplate and when I
started my journey, I had a chance to contemplate the 30 major different real
estate strategies out there which would include things like – Fix and flips,
include things like short sales and include things like tax deeds and tax liens – and
of all the top 30 strategies, the question was, which one was best? Ended up
writing a book about it, Straight Path To Real Estate Wealth. Tens and tens and
tens of thousands of copies over the years have been sold and today, Steven
and I are giving you this book for free. Just go ahead and click the link up here
in the corner and you’ll see right when you click on the page that you can just
fill in your information and we’re going to email right out to you
because we want to give you an immediate shortcut of, alright, let’s take our
experience of nearly a billion dollars worth of real estate over thousands of
deals and really question which is best, you’re going to get the answer in that book.
– Yeah, absolutely. Another thing that you can do to get more knowledge is keep
watching these videos and we’re putting out videos after videos after videos.
Keep watching these videos, get more and more information, fill your brain with
not only the to do’s of real estate but also what you
need to grow that mentally, right, that’s super important. This leads us to the
second step, alright. The second step to get started in real estate is just to
take action and – This is one of the most important things, guys. – This is huge. If
you’re not willing to take a step forward in something, if you’re not
willing to just take that first little movement, the
chances are, you’re never going to get there. So if you’ve been one, if you’ve
been talking about getting started in real estate for a long time,
if you’ve read all the books and you’ve got on all the channels and, you
know, you’ve gotten all the knowledge but you haven’t done anything
yet then you’re missing out on step number two. – Yeah, now this is the cool
part. Steven and I, in the book that I wrote Straight Path To Real Estate
Wealth, we outline the four steps of how to do the best strategy. We call it
compassion financing and the great thing about the strategy is we actually show
you how to do real estate right now without necessarily even needing money
or credit. The biggest reasons why people don’t take action and real estate is
either they’re afraid because it feels like a really big step, they don’t have
the money or they don’t have the credit and we have the ability with the right
knowledge, knowledge debunks the fear then we’ll give you a system where you
don’t need the money or the credit and boom, you can be off to the races taking
action right now in real estate. – Let me give you a couple things that you can do
also right now to start taking action in doing and getting started in your real
estate career. Number one, start looking for property. Like just, right now. Get on
your local classifieds, drive around and look for for sale by owners, get in touch
with a realtor, just start looking for real estate. Chances are, if you’re not at
least looking, if you’re not taking that action, you will never ever do real
estate. Second thing, oh okay. – So instead of turning your phone this way
because we know what mode this is, turn it this way and use it this way, okay.
A lot of classifiers that you can access right through your phone. Just even get
familiar with the marketplace and in some of the other videos we actually
teach you how to immediately identify a really good deal with one simple
equation that you can do right here from your phone. – Yeah, another thing that you
can do is, the second action step, they can do right now is get pre-qualified. Go to a
bank and ask them what you can qualify for, ask them where you are in the
qualification process, ask them if your credit is up to where it
needs to be and maybe if it’s not, ask them what you need to do in order to
qualify. See, so many people, they take the wrong action steps. In other words, they
get out there, they dip their toe in the water a little bit with the bank and
they say, “Hey, you know, can I qualify?” If the bank says no and they get rejected,
and say, “Oh, forget it, I’ll never do real estate you know.” No, take the action, get
out there say, “Can I do it?” If they say no, say, “Okay, well what can I do to get?
Why? What do I need to do right now so that I can get there?” And I know, Kris,
before you bought your first home and I was the same way, there were specific
things that we had to do in order to get our credit up to snuff, in order
to to have the money that we needed for it and those are all preparation action
steps, right. You need to take that action. So is there anything else that you can
think about in action? – You know, even especially if you don’t have the credit, if you
can’t qualify for a home right now, the most important thing you can do is after
you click the link so that you can go ahead and down the download the book,
we’re going to show you a couple of options that you can get started with with
little or no money whatsoever and I want you to go ahead and and fill up, read it,
read about our systems and then fill out the request and what you’re going to do is,
you’re going to get a chance to talk with me, Steven or a member of our team and
what we’re going to do is, we’re going to basically say, “Alright, let’s find out
exactly where you’re at, let’s find out where your finances are at, let’s find
out where your credits at.” and then what we’ll do is, we’ll give you a list of
suggestions of how you can start investing in real estate right now
because you know what, if you’re part of our tribe here, Limitless
Wealth TV, if you’re a subscriber then that means that our success and our
passion is getting you investing in real estate. I just got off with a plane from
Costa Rica a couple of days ago and they had someone in the airport that
ran me down, he said, “Oh my gosh. Kris, I’ve been watching you on YouTube.”
and he wanted to share with me that he just bought his first products. He
was so excited about it and just shout out to you, TJ, congratulations for
taking action and making that happen and that’s our wish and desire for all of
you here. So this video and this idea of getting started to wrap it up, it’s all
about getting knowledge in the taking action. Two steps, what are they? – Knowledge, action.
– And you can do that by clicking the link, get the book, get your knowledge,
you’ll see some action steps, talk with our team, do something today to start
investing in real estate now. If you want more on this conversation, click the link
up here and I’ve got a variety of options of how you can start investing
in real state right now. Plus that book that I
mentioned for free, go ahead and click right now so you can get your hands on
it. Otherwise, getting more knowledge and taking your next step as being a
subscriber here on my channel so go ahead and actually click the subscribe
and also ring the bell, that’ll allow me to notify you everyday when we launch
our next videos. Thanks.

100 Comments

  • Evan Sweetin

    Would it be a good idea to seek out a business loan (for my LLC) and purchase properties with that money that I'm given? And then, later on refinance the properties that I bought with the loan and purchase more properties?

  • Dannyisrising

    The first video I have watched from you and I want to begin gaining this knowledge so I know how to begin the real estate business​.

  • Strive For It

    Hi Kris What’s your Advice On someone looking to purchase there first home with around 7 thousands in cash and not so well credit

  • Sahil Thacker

    Hi! I’m Sahil, i got to here that buying a house with equity is considered to be a fraud, because banks are going to check whether you bought a property with the exact numbers the seller is selling for (purchase price) but not seeking through market value. Kris help me here in this situation, please create a video about discussing this topic, do the laws are different in different countries? Please this is really important topic and is that true Kris? I need an answer from you Kris. Please Reply,
    Your friend Sahil.

  • Christopher Hernandez

    Can i please have your thoughts on my case, i have a felony from 2016 , burglary ,, im now on parole 7 months solid , i have made a change in my life and continue to persue righteousness and success, please tell me what you recomend for me soo when i do want to take the exam i can be more ready for my background check , thank you i highly appreciate your videos and i wish you much happiness

  • RealOT TripleOG

    What advice could you give me to start building my credit? You probably won’t see this, but maybe someone else could read it & help me out.

  • Laura J Holden

    Hi Kris, I've only just stumbled upon your channel while researching investments. I'm 17 at the moment and currently saving up for a first down payment for when I'm older. I'm in the UK , would you have any tips for a person of my age range?
    Many thanks
    Laura

  • Zac Newland

    how do your videos only have hundreds of likes???!!! These are quality. I've been in the REI game since 2007 and you have some of the best most genuine videos I have seen of any investor out there. Well played, sir! My 2 cents on this video I would say the best thing to find out is what your market is…who is buying what. Every market is different and has different buyer/investors that you will be working with. Meet those people and start finding what can make you quick cash.

  • Phillip

    This video didn’t reach me how to buy my first property at all. Strategy, how to buy right, rate of return. ???

  • Andre Cummings

    Hey I'm 16 and I'm trying to teach myself on real estate but I feel like my age/money/ and because I live with my family it's kinda hard. I don't really know where to go from here. Help.

  • Ashwin Gurung

    Why don't they have more viewers??? We are never taught about this in schools and most people buy houses without this background knowledge. Thankfully for me i came across this channel so, this is a great way to get insight on your first house and real estate. Love the videos

  • Andrew Gunckel

    Jumping into real estate young. I know that I want the freedom (mentally, physically, and financially) in life that is available with real estate. I have always wanted to be an entrepreneur, my mind is in business and I've found that I'm passionate of real estate. Your videos have been a huge inspiration and foundation of my knowledge on the subject. I've watched almost every one of your videos and am a little over half way through your book. You teach it in a way that none other do in my opinion. I just wanted to say thank you, and I hope to continue to grow and learn as my twenties have been full of new experiences thus far.

  • Zupez

    I'm 20years old, working full-time and have saved £25,000. Recently found a passion and interest in Real Estate and I'm hoping with watching your videos, learning and gaining some knowledge I can buy my first property.

  • Willy Wonka

    @Limitless TV hey (not sure if your reading or let alone answer this) but a german guy any clue on how US laws are towards a foreigner that wants to do real estate bussines in the US (german real estate is not nearly as profitable requieres a lot higher starting budget and is a lot riskier people dobt move mearly as often as you guys abroad)

  • Shabooty

    Hey man. I've been watching a good bit of your videos and I'm finding them very informative. But I have to say, the videos where you're alone are more informative and seem more sincere than the ones you do w/ Nate. No offense to him, but some of the videos you do w/ him, you two almost seem like two frat boys. In any case, thumbs up.

  • LiltaZ1800 _

    I’m 16 turning on 17 I’m thinking about do this I need a little more knowledge on what I gotta do after highschool and stuff you really have me thinking about my future please help me!!!

  • Jose Acevedo

    When did Triple H retired and start doing Real Estate? 🤣🤣
    Awsome channel men, thank you very much for the info.

  • Tadpole

    My daughter just wasted $1000 on this crap system work hard to get ahead don't give these asshats a dime that's how they make money.

  • Amit Panchmukh

    Hii bro i am from india and i am 18 years old and want t to invest in real estate world but i have no capital so what should i do

  • maria del monte

    Kriz i love your videos!!!!!! You sound very convincing lol. I am finishing nursing school in Miami fl. But I have two o three states to move in and leave south Florida which is ridiculously expensive !! I still would like to invest in Orlando fl. Either while here or after I move out of the state. Now, my question is : is it too much more expensive buying a house or investing outside the estate I am leaving in ir it is just the same? Are there any extra fees for being out of state resident ?

    Thank you in advance
    Maria del monte

  • Dopest Import

    I appreciate What you are doing. You haven't just opened my eyes but I can say that for everyone that watches your videos. If what you say about going into real estate im all for it, Btw where is the link to your book I wanna read it but cant find it anywhere.

  • Adam Goebel

    Why doesnt some of your links work? When I click the ones for mentoring, for example, it takes me to the webinar signup page. Same for the other links.

  • Casey Crocker

    Hey Kris. I’ve showed a few of my friends and we love the concept and idea and really want to form a team and tackle this together. Is that a great idea or should we do it on our own? Thanks

  • Cyber X

    Your first videos were way better.. Now you just talk a lot of nonsense which doesn't really help. I am sorry but It was much better when the other guy wasn't here. Before you used to give out valuable info that actually helps, now it's just boring. I really liked your previous videos

  • We Play

    I like that you're very straight forward with the way you present your strategy. You let us know how to do the work and, of course, if we need help and mentoring we can go to your team. Thanks for sharing the knowledge. I felt that I was too old with not enough money to start on this but you've proven me wrong. Now I just need to gain more knowledge and I'll get into real estate. It's the first step that is the hardest. Having a mentor like you did will help me out a lot. Thanks again.

  • SportsBuzz

    I Live in Hawaii and everything is so expensive here. A house cost 500k-2mil. I have a down payment of 30k. Should i start my journey on buying apartment first or a house?

  • Damian Garcia

    19, going in 20. Looking to really find what suits me best as well as trying to make a strong foundation for me and my girlfriend. I want to really invest my time into what you are teaching me because I REALLY believe in this system! Your an outstanding person and trainer! Love these videos!

  • t.jim.o

    Hey Kris what about other countries to invest like Costa Rica? I would like more info about it! Is it possible? What do you recommend me? Thanks. Keep doing these amazing videos! Cheers!

  • Mahesh jai singh

    Hi kris
    I am from india
    As you said I have work for 2 year and I have 5000 doller and you said enough to buy first house
    But I have 1 question
    I want to buy house But I am know how to clear loan
    In India is ruppes
    I have 10lakhs and mimmum I need 50lalhs to buy
    If i took 40lakhs loan from bank how to clear

  • Latausha the Author

    I just ordered this book. Guys I am so excited and I’m going to just do it. You learn, but you learn as you go. I am so excited

  • Country Living

    Thanks for this video. I will be in contact with you so that I can begin a successful career in real estate!.

  • bindi2333

    I ordered the Unstoppable book but got charged 5 seperate times for it?? I’ve tried to email all the addresses I’ve seen from the receipt emails but they all “can’t be found”

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