Everyone loves passive income. As an agent, a steady income can be difficult to come across. However, we will teach you what it takes to make the most out of your license and start to earn money while you sleep with real estate investing. Despite how intimidating it may seem, real estate investing is surprisingly simple. Anyone can do it – including you!

 

Why Invest in Real Estate?

Real estate investing is the best kind of investing. Unlike stocks, and to some extent, bonds, real estate investing is backed by a high level of brick and mortar. Real estate gives you more control of your investment because your property is a tangible asset that you can leverage to capitalize on numerous revenue streams while enjoying capital appreciation. Also, historically, real estate values go up. As the economy expands, and the demand for real estate drives rents higher. Ultimately, this translates into higher capital values.  

 

What it Takes to Start

1) Have a mentor

They say every great achiever is inspired by a great mentor. For those inexperienced in real estate investing, it’s important to start this journey with an individual who is knowledgeable, and is looking out for your best interest. Even today’s most successful investors are never fully satisfied with their current understanding of the housing market and are constantly striving to learn more. With a mentor by your side, your pursuit for education will take you to the next level, and it’ll serve as the foundation of your entire career.

 

2) Work with a team

If you’ve worked in real estate for some time, you should know that this is like a team sport. Throughout your career, you work with a lot of individuals who specialize in different areas. Each plays a part in your success, so you must gather the crème of the crop for your real estate investing initiatives. Some of these include your: mentor, business partner, attorney, CPA, lenders, inspectors, handymen, etc.

 

3) Have money, or know people with money

Chances are, you don’t have millions of dollars to invest – but that’s okay. Chances are you know someone with money that could help you out. Make sure to reward these people with a percentage of your commission for assisting you. Eventually, you will have enough assets to spend on your own. Which leads us to our next point…

 

4) Worry about the future, not your commission

The first year or so, you will barely breakeven. And that is okay. Like we said before, real estate values go up over time. You have to keep in mind your ROI will be worth it in about 2-3 years. Real estate investing takes time and effort, and it is totally worth it in the end.

 

About our Broker

Broker Nebo Bandovic is a reputable and experienced investor with a multimillion-dollar portfolio in one of the best areas of Texas and Florida. He is an expert in multi-family investments and income-producing properties, which has allowed him to create one of the top brokerage firms in the country. For over 25 years, he has been settling many foreclosed house deals, owner-financing sales, REO properties, land acquisition, retail centers and many commercial deals as GP at limited partnerships. He is passionate about what he does, and enjoys sharing his knowledge with his agents.

 

Learn to Invest with the Best

NB Elite Realty LLC is at the top when it comes to real estate investments agents and investors can rely on. We help agents specialize in investment properties by providing them with access to the latest technology and weekly training. With an experienced broker/investor and many superstar investors in the company, our purpose is to educate agents in real estate investing and help them build their own real estate portfolio while working with different investors.