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How to make a million dollars in real estate investment

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					                    Discover 101 Amazing Real Estate Tips and Secrets



         How to make a million dollars in real estate investment
I remember starting out as a real estate investor I had learned a very simple, yet mind-blowing
strategy to make a million dollars in real estate. The concept was taught by Marshall Reddick,
who is an avid real estate investor, and to date, he has over 200+ real estate rental properties
in his portfolio.

It could not have been said better than Marshall himself. To make a million dollars in real
estate, you must:

1. Borrower a million dollars
2. Have someone else pay it back for you

Simple as that. How does it apply to real estate investing, you may ask? Well, all you need to
do is purchase enough investment properties worth a million dollars total, and have them
rented out. That essentially is borrowing a million dollars in mortgage debt, and have your
renters pay back the debt for you.

For many people, borrowing a million dollars may seem out of reach, but just as you would eat
an elephant one bite at a time, so is buying real estate properties - you buy one house at a
time. Unless you live in California, there are still many states that you can purchase a home
for around $100k. Even if you are residing in California, you will need to stretch your vision
and reach out-of-state.

Many people fear owning a property, let alone owning an investment property out of state.
However, as a true real estate investor, you must put yourself in the mode of a business
owner. Real estate investment is a business, and like any business, it may come necessary
for you to hire people to work for you. That's what realtors and property managers are there
for. In order to really expand your real estate investing business, you must get comfortable
with hiring property managers to manage your properties.

We have all heard good debt and bad debt, so don't let the concept of owing money scare you
off - especially when you can have someone else pay it back for you! As an added bonus, real
estate value on average has never gone down in value in history. You hear people losing
money in real estate because they could not hold on to their properties and they let them go at
unfortunate times. Even if real estate value do go down, you should never fear because you
have someone else paying your mortgage - your renters. As good as the concept of making a
million dollar in real estate may sound, fear not and take the first step in your real estate
investing.




© Copyright: All Rights Reserved '          Discover 101 Real Estate Tips To Boost Your Profits
                     Discover 101 Amazing Real Estate Tips and Secrets




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