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☆ I've interviewed dozens of disruptive go-getters from self-made millionaires to entrepreneurs. Here are my 4 observations on what sets them apart.
▼ + stars: | 2023-11-27 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +6 min

As an investing reporter, I regularly talk to real estate investors, entrepreneurs, and side hustlers. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . What doesn't always get passed along are my observations after talking to disruptive go-getters regularly. If you find a good enough deal and present it accurately and professionally to investors, the money will come. AdvertisementJatz Naran built his Amazon business between the hours of 6-and-10, after his day job would wrap up.

Persons: —, I've, doesn't, getters, I'm, Natia, Jervais Seegars, Caleb Hommel, Chuck Sotelo, he's, isn't, Naran, NeuroGum, Kent Yoshimura Organizations: Service Locations: Detroit, Chicago

☆ 5 successful real-estate investors who started with as little as $5,000 in savings explain how they leveraged FHA loans to buy their first properties
▼ + stars: | 2023-10-21 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +8 min

Before writing off real estate as too expensive to invest in, you'll want to consider all of your options. Here's how it works and how you can use one to buy real estate and start building long-term wealth. How everyday people have leveraged FHA loans to buy property and build wealthBoston-based investor Karina Mejia used an FHA loan to buy her first property at age 22 . It's a joke but it is solid advice: Before you actually get married, you should each use your own FHA loan." You can get your foot in the door without too much upfront cash by using an FHA loan."

Persons: Ludomir Wanot, witxh, Wanot, Karina Mejia, Sasha, It's, Mejia, Avery Heilbron, Heilbron, Jervais, Jim Resonable, That's Organizations: Federal Housing Association, Evergreen Housing, Ludomir, Seattle, Department of Veterans Affairs Locations: Seattle, Boston, Georgia, North Carolina, North Carolina , California

☆ How to get into real estate on a small salary or little to no savings, according to 6 successful investors who used creative financing strategies to get started
▼ + stars: | 2023-09-02 | by ( Business Insider | ) www.businessinsider.com time to read: +7 min

It's possible to get into real estate with little-to-no savings. Investors who started with very little share the strategies they used to get their first properties. 20-year-old friends and college dropouts Caleb Hommel and Chuck Sotelo raised capital and structured a seller financing dealAdvertisementAdvertisementChuck Sotelo (L) and Caleb Hommel started investing in real estate in their teens. Hommel and Sotelo, who met on the first day of high school, were teenagers when they decided they wanted to invest in real estate. They were still in junior college at the time and delivering food to pay for an online real estate mentorship program.

Persons: Caleb Hommel, Chuck Sotelo, Sotelo, they'd, Zeona McIntyre, McIntyre, Hommel, she'd, Sean Allen, Sean Allen Sean Allen, Allen, Seegars, Jim Resonable, Jervais Organizations: Service, DoorDash Locations: Wall, Silicon, Texas, Boulder , Colorado, Sotelo, Boulder, North Carolina, California, Greensboro , North Carolina, Greensboro, North Carolina , California, Georgia

☆ 5 real-estate investors explain how they created cash flow by leveraging other people's properties through a strategy called 'rental arbitrage'
▼ + stars: | 2023-08-27 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +7 min

Rental arbitrage is a strategy in which you rent a property and sublet it on platforms like Airbnb. There are plenty of creative ways to break in, including rental arbitrage. The goal is to make enough in short-term rental income to not only cover rent, but pocket extra cash each month. Insider spoke with five investors about how they created cash flow with relatively low start-up costs by leveraging other people's properties. Courtesy of Zeona McIntyreZeona McIntyre did a slightly different version of rental arbitrage back in 2012.

Persons: who've, Nathan, Taniera Turner, Nathan Turner Houston, Turner, Zeona McIntyre, Zeona McIntyre Zeona McIntyre, McIntyre, That's, It's, she'd, there's, Jim Resonable, Seegars, Jervais Locations: Houston, Des Moines, Louisville, Boulder, Airbnb, North Carolina , California, Georgia, Savannah , Georgia

☆ 5 real estate investors who started with low credit scores or zero credit at all share 4 strategies they used to boost their credit and buy their first homes
▼ + stars: | 2023-04-29 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +10 min

Insider has spoken to successful real estate investors who started with terrible credit, or no credit at all, and still managed to buy investment properties. Like many young students, they didn't fully understand how credit worked and ended up racking up credit card debt. Apply for a secured credit card and pay your bills on timeWithout any credit history, Afzal couldn't open a regular credit card. Instead, he had to start by getting a secured credit card, which is a starter card that doesn't require a credit history or credit score. The credit card company will hold that money as collateral if you end up defaulting your card.

☆ 4 real estate investors who have bought property with none of their own savings explain how they raised capital to get started. 'We're using other people's money to make us more money.'
▼ + stars: | 2023-04-09 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +7 min

Buying real estate typically means coming up with cash for a down payment and closing costs. One of the biggest barriers to entry when it comes to buying real estate is capital. Natia and Jervais Seegars, real estate investors and founders of YourLifeStyleStrategy. "So we were able to continue to save our money while using other people's money to make us more money." They reached out to friends, family, and other San Diego-based real estate investors and ended up raising the $90,000 they needed for that first multi-family in about 30 days.

☆ Don't think you have enough money to invest in real estate? Here's how 4 investors got started with less than $10,000 upfront.
▼ + stars: | 2023-02-12 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +8 min

They used strategies like buying with an FHA loan and partnering with someone to split the costs. Wanot isn't the only successful property investor Insider has spoken with who got started without much cash. Dominic Kosteris bought a modest starter home even though he could have afforded moreReal estate investor Dominic Kosteris and his family. Sean Allen bought out-of-state in a more affordable market and invested with a friendLos Angeles-based real estate investor Sean Allen and his fiancé. Becoming a property investor all started with a conversation with his friend back in 2013.

☆ A financially independent couple that improved their credit score from 524 to over 800 share 3 strategies that helped them turn around their finances
▼ + stars: | 2023-01-05 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +6 min

Natia and Jervais Seegars both opened their first credit cards when they were college students. Natia and Jervais Seegars both opened their first credit cards when they were college students in the early 2000s. Jervais' credit score was 524 at its lowest. As they learned first-hand, "if your finances aren't in order, it's going to be a very bumpy road," said Jervais. They tracked their spending and stuck to a budgetThe first change Natia and Jervais made was tracking their expenses.

☆ Stocks have taken a beating this year and investors feel worse than during 2008's Great Financial Crisis. Here's what that means for 2023.
▼ + stars: | 2022-12-30 | by ( Phil Rosen | ) www.businessinsider.com time to read: +5 min

Now, unlike this newsletter and all you readers, the stock market is rounding out a year to forget. It's worth noting, too, that alongside slumping stocks, investor sentiment is worse than it was during the 2008 Financial Crisis. But in Fundstrat's view, that suggests a stock market bottom is near, if it hasn't happened already. In other words, overly bearish sentiment suggests stocks could be set up for a big rally in 2023. What's your stock market outlook for the new year?

☆ A couple that went from having 'terrible credit' and working restaurant shifts built a multi-million dollar real estate portfolio that earns $30,000 a month in revenue. They explain how anyone can sta
▼ + stars: | 2022-12-26 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +9 min

Here is their four-step guide to investing in real estate. Get your personal finances in orderThe first and most important step to take before investing in real estate is to establish a solid financial foundation, the couple emphasized. You're not going to learn everything you need to learn about real estate in a five second TikTok video. Real estate investor Natia SeegarsThe more time you invest in educating yourself about real estate, the more likely you are to succeed, they emphasized. "You're not going to learn everything you need to learn about real estate in a five second TikTok video," said Natia.

☆ A couple who are financially independent from their real estate portfolio explain how they bought their first house for less than $2,000 and scaled up to 5 properties that bring in $30,000 a month in
▼ + stars: | 2022-12-21 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +13 min

Jervais, who started with worse credit than Natia, bumped his score up from 524 to the low- to mid-600s, he said. Plus, Natia started working in marketing in 2005 and went from an hourly wage plus tips to earning a salary. The way rental arbitrage works is, you sign a long-term lease and then rent out that property on short-term rental platforms like Airbnb and VRBO. Courtesy of Natia and Jervais SeegarsThey ended up raising about $500,000 from private lenders, they said, which financed their next three properties. They purchased them all within 45 days of each other in late 2021 and immediately listed them on the short-term rental market.

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