The one thing that’s holding you back from joining the real estate millionaires is most likely that first step.
It probably looks like a giant leap from where you’re standing, but it’s actually a very easy step to take—and an extremely profitable one.
Your multi-million-dollar property business could be a single step away, and you don’t even realize it.
Once I found my footing, that step was the easiest one I ever took, and I want to show you how easy it really is…
Everyone needs that single push in the right direction to get started with most wealth-building ventures, and it’s no different with real estate.
There are many different ways to become a real estate millionaire, even if you don’t have the capital to invest with initially, it’s all about knowing where and how to jump in.
This single step will allow you to raise enough money in order to make that initial investment and get that massively profitable ball rolling.
I’m sure you’ve heard of the latest travel phenomenon of Airbnb.
The California-based travel/hospitality company has grown so much since its inception in 2009 that it currently boasts 150,000,000 users in 191 different countries.
The short-term lodging company acts as a broker that rents out homes and apartments that belong to other people.
By signing up for Airbnb you can rent out anywhere from one bedroom in your house to the entire home.
This is great for people who own vacation homes or second properties that they don’t touch for 3 months out of the year. Why not make money off those vacant rooms or homes?
This is how you’ll build the foundation to that multi-million-dollar real estate empire you’ve been dreaming of.
It might sound farfetched when people claim that you don’t need much money to jump into real estate, but it’s absolutely true.
Coupled with a loan (which shouldn’t be hard to get for a real estate investment and is easy to pay off with the profits you can make) and some seller financing (which is also very common), $10,000 is more than enough to get started.
But I want to show you how you can get that $10,000 that’ll kick-start your journey of becoming a property millionaire.
There’s 2 ways you can utilize Airbnb in order to raise this cash to get your hands on your very first million-dollar investment.
If you have a second home, rent it out, or offer a spare room in your house.
Obviously, if you have a vacation home or second house, you’ll reach this $10,000 a lot quicker than renting out a single room, but both will do the trick.
On average, renting out a whole house yields north of $27,000 per year. You’d reach your $10,000 in less than 5 months without lifting a finger.
If you opt for the single bedroom rental, you wouldn’t be waiting too much longer to see the $10,000 that’ll lay the foundation for your real estate empire—no more than a year.
Whichever route you choose, using Airbnb is a great and simple first step toward becoming that property millionaire you’ve always wanted to be.
