July 28, 2020
Tips On How to Make $100,000 in Real Estate
A lot of people have asked me,
“Nhan, what is the fastest way to make $100,000?”
“Do you want to make that part-time, full-time, or some time?”
They are baffled by my response because they assume that making $100,000 is a full-time job. That may be true if they are already working a full-time job.
I’ve started and worked on a lot of businesses in my entire career. Each one of them has made over $100,000 quickly annually. However, what I have found is that the fastest way to make $100,000 is in real estate. That is one of the reasons why I love real estate so much. You can easily make $100,000 quickly if you know how to recognize opportunity.
The problem is that most people are not educated on what an opportunity looks like. Lack of education can cause doubt about your abilities and whether or not making that type of money is possible for you. If you want to make six-figures in real estate over the course of a year, then keep reading below to learn how to overcome this challenge.
3 Steps to Making $100,000 In a Year
What are the steps to making $100,000 in your first year in business?
1. Give Yourself Permission to Make $100,000 In a Short Period
A lot of people do not allow themselves to make $100,000 on a part-time basis. Why?
Perhaps it is because:
- You were raised a certain way.
- You have never been given the opportunity or education.
- No one encouraged you to build wealth.
- You tried to make money in the past but failed.
- You believe that making that kind of money is too difficult.
Instead of focusing on the reasons why you can’t make a sizable income, give yourself permission to make big money in a short period. Once you give yourself permission to make that kind of money, you are going to start recognizing opportunities in ways that you have never before.
Once you recognize the opportunity, then you will start seeing real estate in a different way. Before, you drove to work and back home and only saw houses and businesses along the way. Now that you understand how to invest in real estate, you see these houses as opportunities to create income part-time or full-time.
2. You Can Make $100,000 On a Part-Time Basis
How do you make a healthy income? Devote 8 to 15 hours per week to your business over a consistent period. Don’t quit your full-time job. This is a common mistake with people who see the opportunity to make money in real estate. Instead of succeeding, they become stressed out about bills that are still coming due, but they have no income to maintain a standard of living.
So, keep your full-time job. Let that job be a temporary inconvenience for now so that you can take care of expenses such as a mortgage, rent, food, utilities, and everything that is essential for you to live. In the meantime, focus on your fortune in real estate on a part-time basis.
Create and develop a real estate investment system that is successful. Allow it to grow and become consistent before you make a major shift in your life, such as quitting your job.
3. Create a System That Works for You
Real estate training companies often try to train you on a cookie-cutter investment system that works for everybody. However, there is no cookie-cutter system in real estate investing. This is especially true for individuals who are starting off in real estate for the first time.
The reason why a cookie-cutter system does not work is that everyone is coming into real estate with a different set of circumstances. Therefore, a cookie-cutter system may not work for everybody. Yet, training companies that are out to get your money will attempt to sell you on the idea that they have the secret that works for you regardless of your circumstances.
You are led to believe that If you join them, you are guaranteed to succeed. However, there are no guarantees. What works for someone else may not work for you. So, create a system that is based on your circumstance and what will work for you. Put yourself in a category where you will keep working and continue to be successful based on your terms.
You Can Make $100,000 in Real Estate Regardless of Your Circumstances
If you apply these steps, you can easily make $100,000 in your first year in real estate regardless of your circumstances.
It doesn’t matter…
- Whether you have experience
- Whether you went to college
- Whether you are married
- Whether you have kids or not
- Where you live
- How much money you currently make
What does matter, is that you can design a system that works for you based on your current circumstance if you follow a systematic approach to generating leads and deals in your real estate business.
From that right there, you can make $100,000 in a short period.
You Can Be Successful in Real Estate Investing
Through our real estate training system, you can make your first $100,000 part-time in real estate regardless of your current circumstances. You simply need the ability to follow our proven system and use the resources and tools available. How can you get started?
- Subscribe to our YouTube channel.
- Follow us on all social media platforms.
- Take advantage of our free content.
- Visit us at https://www.nhanlamacademy.com.
- Stay current with our blogs, podcasts, and articles.
Subscribe to our YouTube channel and follow us on all of our social media platforms. We’ll be posting free content online regularly. You can learn valuable ideas on how to stay consistent with your business plan so that you achieve real results in real estate investing.
We’ll be posting free blog videos, free articles, and free podcasts that will get you on the right track to success in a consistent, sustainable real estate business.