Real Estate is a very lucrative business but often carries with it a lot of headaches.
So, how do you make money like a Real Estate Tycoon? Become a Tycoon without the Real Estate by building a network marketing virtual skyscraper and renting space out in it.
In Real Estate, the money is in three things, residual rent income, flip income and property value increase income. To do these things though, you must own real estate, which is expensive, so banks lend money for people to own it.
But, there is a lot of legal hassle, tenants, lawyers, financing, construction, bookeeping good heavens and the list goes on and on and on.
Real Estate is lucrative, but it is difficult.
I was once a real estate agent. The guy who had the desk next to mine had been in the business for 30 years already and he dabbeled in sales, but really, his business was in renting out apartments and retail space. He told me he owned 30 different properties and rented them for an average of $1,000 dollars a month. Yes, that is $30,000 a month or $360,000 a year, and he owned all of his places free and clear. So, calculating his net worth I guess it would easily be in the millions.
He was a regular guy, wearing his painting duds all of the time, just passively walking around the office, basically using the office as a platform to rent his apartments. Smart and really nice guy.
But, how about Network Marketing? Lets just take The Empower Network as an example and consider only the residual income products, the $25 dollar blogging system, what you are looking at right now, and the $100 Inner Circle audio program. That is $125 a month for everyone you sell because with the Empower Network, you earn 100% commissions plus pass-ups.
Look at it as a skyscraper you are building. You simply build it one product at a time, when you have sold 100 minus pass-ups on your front line, that is 80 commissions or $10,000 a month automatic trouble free income for as long as you and your customers keep paying your rent.
$125 a month rent income, from every tenant. That is pretty cool, and all it costs you is $125 a month! That is automatic income. No hassles. If people want out, they just cancel. No law suits, no destruction of property, no deposits or claims to be made.
You build it, they will come! Start by entering your email address here!