Investing in real estate may be a time-consuming and labor-intensive endeavor. What does this imply? This review proves that investing in real estate doesn’t have to be expensive or time-consuming.
Robert Kiyosaki’s book, “The Lazy Way to Invest in Real Estate,” was released in 2019. The word “LAZY” in the title, the lazy approach to investing in real estate, probably has no meaning. There is no lazy way to invest. To secure a successful investment, you must conduct your homework, seek funds (even from other sources), and follow up.
You don’t have to be a landlord to invest in real estate. In fact, you may become a real estate investor without purchasing a single home.
Lazy Way To Invest In Real Estate is a real estate investing program.
Like most real estate investing training courses, you’ll likely be exposed to the “Big 3” investing types:
- Long-term buy-and-hold
Regardless of which path you go down, there is a lot of potential with real estate investing.
After all, it’s the world’s oldest wealth-builder.
However, before you leave this Lazy Way To Invest In Real Estate review and go sign up, you might want to ask yourself:
“Is now the right time for me to get into real estate investing?”
Lazy Way To Invest In Real Estate is a course that teaches you about real estate investing.
If you’ve read my other articles on real estate investing, you’ll know there are 3 primary ways to invest:
Wholesaling, buy-and-hold, and flipping.
While each has pros and cons, there is a ton of potential for success in investing in real estate.
Real estate has created some of the largest fortunes in world history.
That being said, you should take some time to seriously think about something:
Is now the best time for YOU to get into real estate investing?
Because despite the potential upside, investing in properties or land takes a lot of capital, and is very labor-intensive.
That means if you:
- Have less than 3 hours per day, OR
- Aren’t sitting on $20K+ in disposable income
This may not be the best time for you to start investing in physical real estate.
Don’t get me wrong, real estate investing can be an amazing way to protect your assets while generating cash – but there’s a time and a place for it.
But there’s good news!
All you need is a system to generate you the cash (& free time) you need to be ready for real estate investing.
My preferred method of getting there is by becoming a Digital Landlord
It takes the benefits of real estate investing, but removes many of the barriers (& annoyances), like::
- Small cash flow on properties
- Having to take out debt
- Dealing with repairs and upkeep
- Dealing with tenants
The cool part is that the income is mostly recurring (AKA semi-passive).
You could make anywhere from $2,000-$10,000+ per month doing it.
You can build it as big (or small) as you feel like, without the annoyances I listed above.
If that sounds interesting, you might want to think about becoming a Digital Landlord.
Then, you can take the profits and start investing in physical real estate a year or two from now.
If you wanna see what Lazy Way To Invest In Real Estate looks like on the inside, keep reading.
How To Invest In Real Estate On A Shoestring Budget
The phrase “you need money to make money in real estate” is more true than in any other industry. Despite this, new methods to get around it are being discovered daily. Real estate investing, by definition, necessitates a monetary outlay. Even so, you don’t have to give up the money yourself.
For most individuals today, all it takes to get started is a dream and a lot of hard work. Here is a basic tutorial on starting investing in real estate with minimal money for you reading this:
1) House Hacking
House hacking is the ultimate lazy approach to investing in income-producing properties. To earn some additional cash, consider renting out your home. You may save money on the house by renting out individual apartments in a multi-unit complex, such as a triplex or fourplex. In a costly city, renting unused rooms or a basement apartment might generate extra income in a costly city.
This assumes that you already own a home. Getting owner-occupant financing to buy a house is easy if you don’t have a down payment. Examples of alternatives include:
- FHA loan (3.5% down)
- VA loan (0% down for veterans)
- USDA (0% down in rural areas)
- Conventional loans (3% to 10% down)
The live-in-then-rent strategy allows you to purchase a home, occupy it for some time, and market it. Taking advantage of owner-occupant loans with no down payment and cheap interest rates is like home hacking.
Make a small rental property your home for the short years or months you’ll be there and use it as a place to call your own. Once you’ve paid off that house, buy another one.
3) Live-In House Flip
Instead of renting out your home, you may be able to renovate it and resell it. For the Reside-In House Flip to work, you must reside in the home for at least two years before selling it and avoid paying taxes on gains of up to $250,000 for an individual or $500,000 for a couple.
With Live-In House Flips, you have the time to make the house a buyer or renter’s dream. This is a big benefit of the option. The business model is highly lucrative because you may mark up your investment as high as possible when selling income property.
4) Seller Financing
Finally, you may borrow money from the seller to purchase their home using seller financing. A good credit score or a substantial down payment are not prerequisites for everyone.
You will pay the loan in affordable monthly installments. The nicest thing about seller financing is that you can negotiate better terms and smaller down payments.
How You Invest In Real Estate Without Buying Property?
The well-known businessman Andrew Carnegie believed that investing in real estate was the best way to make money. Only 15% of Americans have started investing in real estate despite this.
Why? That’s not the way to think about it!
As a result, we’ve been taught that the sole real estate investment strategy is to acquire a property and become its landlord. However, this must immediately be rectified.
As an alternative to owning property, here are five methods to invest in real estate without dealing with renters, construction, property taxes, and other unpleasant things:
1) Master Leasing
Owning property is not necessary to generate money from renting your house. Subleasing a unit via master letting needs the owner’s permission. The vast majority of Airbnb partners adhere to this structure.
It’s possible to rent out each room in your four-bedroom condo for as much as $600 a month. You’ll need to put down a security deposit and pay a few months in advance to rent from a landlord.
2) Real Estate Crowdfunding
Real estate crowdfunding is still a new concept in indirect real estate investing, but you must acknowledge its brilliance.
You can join a group of other real estate investors and invest in a property for as little as $1,000.
This might either be a rental property you all share in the profits from or a sale of the property.
Crowdfunding is a perfect example of a lazy way to invest in real estate. You will have property managers to deal with renters, taxes, building management, and other fun stuff.
However, in most circumstances, real estate crowdfunding requires that you be an accredited investor.
Your annual income must be at least $200,000, or you must have a net worth of more than $1 million (excluding your property).
Investors interested in multifamily real estate might consider Origin Investments.
Roofstock is there for you if you want to focus on single-family homes.
Non-accredited investors, on the other hand, have an opportunity to make a fortune in real estate investing.
Some real estate investing firms, such as CrowdStreet, DiversifyFund, Yieldstreet, and others, accept investments from non-accredited investors.
You can start with as little as $500 with these companies.
In other words, real estate investing has gotten increasingly simpler and more accessible to everyone.
3) Real Estate Investment Trusts (REIT)
Real estate investment trusts (REITs) are similar to real estate crowdfunding and mutual funds in that they invest in real estate. There are plenty of ways to invest in real estate, but REITs are one of the most popular. After your initial investment, you’re guaranteed a steady stream of revenue.
In contrast, with REITs, you have the option to sell your stock at any moment. There are several REITs in the country, but RealtyMogul is an excellent place to start because it offers investments that have been thoroughly examined. Also, it’s a relatively straightforward procedure.
4) Real Estate ETFs
To put it simply, a real estate exchange-traded fund (or ETF) is an investment vehicle that combines bonds and equities. Index funds and mutual funds are comparable. They have a wide range of real estate investments and minimal costs.
Real estate ETFs are the best way to develop equity without buying a house. The key is to conduct your homework and work with a reputable business.
Real estate ETFs like Vanguard’s VNQ, for example, are great because they invest in REITs that buy hotels, office buildings, and other types of properties.
5) Real Estate Mutual Funds
Small changes between mutual funds and ETFs make them nearly indistinguishable. For example, when it comes to mutual funds, you can only purchase or sell them at the end of the day, based on their current net asset value.
In addition to having a greater minimum investment, real estate mutual funds have a higher fee ratio than ETFs. The fact is that real estate investing without owning a piece of real estate is one of the finest methods to invest.
Is Land A Good Investment?
When investing in real estate, the conventional wisdom is that the best strategy is to purchase land, hold onto it, and then sell it for a profit. That’s the definition of laziness if you ask me.
To pay annual property taxes, you don’t have to do a thing for the entire time you own the land. In the words of Seth Williams of REtipster, the land provides a high return on investment, is low cost, and requires little to no care. There will always be a market for land because God is not making any more of it.
We’ve been told for years that land is a great investment.
If you have a decent strategy in place, yes. There is more to buying land for investment purposes than just purchasing a plot of land and paying for it. To begin, choose the appropriate plot of land. Consider these items while you shop around;
- Is the land stable enough to support the future construction plans for it?
- Is the neighborhood safe?
- Can I get there by car? Are huge trucks and other heavy equipment able to get to this property for the buyer?
- Do you have access to water and electricity?
- Could zoning difficulties thwart the buyer’s ambitions for the property’s future development?
- Sewage and drainage are also necessary. When it rains, will the land be inundated?
Before you buy a piece of land, you should research it. You can make a fantastic deal if you’re lucky enough.
What’s next, then? What are the best ways to turn a profit from undeveloped land?
1) Flipping Land
You’ll notice many people using this strategy when buying land for investment. Purchase a piece of property for an affordable price, make improvements, and then resell it for a profit. The best places to look for such land are tax sales and foreclosure auctions.
The changes could be as simple as obtaining the necessary permits, splitting the land into smaller sections, and zoning and clearing the plot for development. These factors increase the property’s resale value, allowing you to command a higher price for it.
2) Farmland Investing
As you may have heard, you don’t have to acquire land to invest in it. AcreTrader and FarmTogether, two of the most popular farmland investment companies, allow you to invest in farmland and let the companies handle all of the work for you.
For the next five years, you’ll mainly own a piece of land on which you’ll receive a return on your investment. If the land is sold, you’ll get your original investment back.
3) Buy And Hold
The land will always appreciate until there is a property bubble because demand is greater than supply. Land value can fluctuate over time. Therefore some land investors buy raw land and keep it for a few years before selling it for a profit.
Remember that you’ll still be liable for paying property taxes and upkeep if you choose this route.
4) Buy And Lease
Selling land for a profit isn’t the only goal. Leasing it to third parties is a great way to earn money passively. It’s possible to rent out a huge land area to a farmer who wishes to raise cattle or chickens.
Additionally, they may be able to grow corn or other seasonal crops that will allow them to pay the rent.
5) Buy And Sell With Owner Financing
The final alternative is to sell the land with owner financing. Here, you, the seller, act as the bank and finance the land purchase.
The buyer can use the land as long as they pay the specified monthly installment. This generates greater money than selling the land for cash.
Did any of the following suggestions appear as a lazy way to invest in real estate? Alternatives to owning real estate exist; they don’t require you to do anything.
Regardless, you must educate yourself on all aspects of real estate; knowledge of the risks, opportunities, and obligations is essential. Take a real estate course and get certified.
You can also learn about the sector by reading books like The Lazy Way to Invest in Real Estate or Real Estate Finance and Investments: Risks and Opportunities.
And to assist you in simplifying your real estate investing, you may get some of the best tools. For example, Rentometer allows you to compare rental costs in your area, determining the optimal rent prices for your properties.
To track your rental income and expenses more efficiently, LandLordStudio automates your rental properties.
Better Alternatives To The Lazy Way To Invest In Real Estate?
Yes, there are plenty of other business models to choose from if you want to pursue this making money online. Here are just a few:
Is The Lazy Way To Invest In Real Estate A Scam?
So, time for the $1,000,000 question – is Lazy Way To Invest In Real Estate a scam?
No, not technically. You can 100% make money with this program, though it’s not nearly as simple as they make it seem.
As with most businesses, there is A LOT of work to be done upfront & no guarantee of you being successful.
Not to mention the profit margins are typically pretty small.
Don’t get me wrong, I’m a big proponent of front-loading work now, so that you can reap the rewards later.
But if I’m gonna do that, I want the rewards to be HIGH and virtually guaranteed.
I’d rather put in that same 3 months of work (in my spare time) & build a handful of Digital Rental Properties that each produce $500-$2,000 checks every single month afterward (AKA recurring income).
And the cool part is that you can do it in a lot less time than 3-months (I personally did it in my first 2 weeks of being a Digital Landlord).
Unlike physical real estate, you can do it from anywhere in the world, so it’s a genuine “laptop-lifestyle” business.
All you need is an internet connection.
Some of my friends are Digital Landlords that run their 6-figure businesses from:
- Camping trips at national parks
- Beachfront in Hawaii
- On the road in a camper van (with a pet pig!)
They focus on living an enjoyable life first, and focus on income second. All thanks to this program.
They can take weeks or months off, and money keeps rolling in.
Living happily is the top priority.
If the thought of living perpetually at your dream vacation spot interests you, being a Digital Landlord might be for you!
My #1 Recommendation For Making Money Online In 2022?
I’ve personally tried all of the major online business models:
- I’ve sold fidget spinners through Amazon FBA
- I’ve dropshipped a toilet bowl putting green on Shopify
- I’ve sold women’s health supplements via Clickbank affiliate marketing
And I made money with all of them, so trust me when I say: there is no “perfect” business model.
It’s worth noting that I FULLY endorse real estate investing as a way to grow wealth, and that’s why I invest my own money in commercial and residential real estate.
That being said, my #1 recommendation for making real money online as a beginner is, hands-down: being a Digital Landlord.
Whether you’re a complete newbie, or you’ve been around the block before but have never had that “big win” to propel you forward, becoming a Digital Landlord is for you.
Time: If you’ve got a spare hour or two each day, you can do this. If you want to drop everything and go all-in, you can do this. More time obviously means faster results, but even putting in a few hours per day is enough to see real success.
And because of that flexibility, you don’t need to trade your time for money. Once the income starts, it’s recurring.
That means you can take a month off, travel the country, pursue a passion project, chill on the beach, or charter a boat across the world.
But you can only do that once you’ve created an income stream that doesn’t require YOU to be there all day, every day.
Real estate investing is a FULL-TIME JOB. If you stop finding deals, your money dries up.
Ownership & Control: Unless you’re buying your properties in cash, you don’t technically own the properties – the lender does.
If you miss a single payment, the property can be taken from you.
Why pour your soul into a business that could be taken away from you at the drop of a dime?
When you’re a Digital Landlord, you literally own all of the assets, which means you have ultimate control.
Ongoing costs: With real estate, profit margins are actually pretty slim. Real wealth is made in owning the assets, and owning A LOT of them.
Being a Digital Landlord, your profit margin is nearly 100%. Watch here to learn how.
Just a reminder: these Digital Rental Properties are worth (at a minimum) $500/mo in semi-passive income. And each time you create another one, your income increases, and the effort put into creating the next property decreases.
Best-case scenario, you have properties bringing in over $3,000+/mo on auto-pilot.
It’s Effectively Copy-Paste: Here’s my favorite part: once you have your first Digital Rental Property up, you can literally copy-paste another version of it and find another willing “renter” in a few days. DOUBLING your income doesn’t get much easier than that…
If you wanted to double your income with real estate investing, you would need twice as many properties, or double your profit margins on each property. And I can guarantee you, that’s a lot harder than a few clicks & a phone call.
Make Money Helping Real People: When you’re a Digital Landlord, you’re helping solve REAL problems that people are ASKING for help with:
Small local businesses around the world need one thing: customers. Without them, their business would fall apart. If you can provide those customers, they’re going to be really happy – and they’re going to pay you for it.
You’re helping a struggling mother or father put food on the table for their families, put their kids through college, or simply live life a little bit more comfortably.
Having this type of impact on the world is what will help you sleep soundly at night.
So, the rest is up to you. You could keep looking at other opportunities like The Lazy Way To Invest In Real Estate, which might make you money.
You could keep researching and researching for the next few months (or few years), never making a concrete decision.
OR, you can look deep inside, think about those dreams, hopes, & desires, and make the decision to ACTUALLY make it happen, just like it has for thousands of other students before you.
Making a fortune while actually helping real people that need it.
If this sounds like you, click here to see how it all works.