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What’s the best way to start investing in real estate? 20-year real estate investing expert Chris Clothier says you must “be patient.” Chris started investing in real estate completely by accident, trading his primary residence for a rental property and new home, forcing him to become a landlord overnight. From there, he’s taken on fix and flips, made (and lost) money on partnerships, and now owns a massive real estate business.
So, after two decades of successful investing, what does Chris think is the best way for beginners to get into the game? Is it flipping, turnkey rentals, or regular rental properties, or should you instead find a mentor and follow in their footsteps? What if you want to invest in real estate but don’t have the time and are looking for a more “passive” income stream? If you’re struggling to start investing in real estate, Chris can help!
00:00 “Trading” His House for a Rental
04:12 Flipping Houses and LOSING Money
06:00 Big Partnership Mistake
08:37 Standing Out to Mentors
09:58 Creating “Passive” Investments
12:07 What Rookies Should Invest In
15:48 Best Rookie Advice
