$2,700 MO NO INCOME LOANS! PAY YOU WITH ONE DEAL Real Estate Secrets REVEALED! Easy Approval Loans

Andrew Cartwright
10 Jul 202411:48

Summary

TLDRAndrew Cartwright shares strategies for earning substantial monthly income through real estate investments, discussing key tips for identifying profitable properties, leveraging good debt, and securing funding quickly. He emphasizes the benefits of both fixing and flipping properties and wholesaling for fast returns. Cartwright also highlights the potential of house hacking and targeting undervalued neighborhoods for long-term wealth. The video includes insights from Cartwright's extensive real estate experience and promotes resources like courses and financing options to help viewers succeed in their real estate ventures.

Takeaways

  • πŸ’° Investing in real estate can generate significant monthly income. For example, one property can yield $2,700 per month, and multiple investments can multiply this income.
  • 🏠 The speaker emphasizes the importance of good real estate deals and strategies, suggesting that these are crucial for building wealth through property investment.
  • πŸ’‘ The concept of 'good debt' is introduced, where debt that generates income (like mortgages on rental properties) is preferred over 'bad debt' like car loans that depreciate in value.
  • πŸ” To find good real estate deals, look for poorly maintained homes, properties that have been on the market for a long time, or those that are undervalued but have potential.
  • 🏑 The speaker shares his personal success in real estate, including building neighborhoods, custom homes, and flipping properties, highlighting the potential for significant wealth creation.
  • πŸ“ˆ The video mentions various real estate investment strategies, such as wholesaling, flipping, and renting, each with its own benefits and potential for wealth accumulation.
  • πŸ’Ό The importance of starting small in real estate investing is highlighted, with suggestions to gradually build a portfolio and use the income to invest in more properties.
  • 🏦 Financing is a key aspect of real estate investment, and the video introduces Bright Path Loans as a resource for obtaining quick funding for real estate ventures.
  • 🏘️ House hacking, or living in one unit of a multi-family property while renting out others, is presented as a strategy to offset housing costs and build wealth.
  • πŸ“ˆ The potential for growth in property value over time is discussed, with an example of a sixplex investment that generates significant monthly income and has potential for appreciation.
  • 🌐 The speaker encourages viewers to check out additional content and resources, such as courses and videos, to learn more about real estate investing and wealth creation.

Q & A

  • How much monthly income can one expect from investing in a single property according to the script?

    -According to the script, one can expect $2,700 a month from investing in just one property.

  • What is the potential monthly income if you invest in four properties as suggested in the script?

    -If you invest in four properties, the potential monthly income could be $10,800.

  • What is the speaker's background in real estate according to the video script?

    -The speaker, Andrew Cartrite, has been involved in hundreds of millions of dollars in real estate deals, built neighborhoods, custom homes, and has flipped properties. He has also built his own home and is currently living in it.

  • What is the speaker's advice on the first step in any investing decision?

    -The first step in any investing decision, according to the speaker, is to look at the debt. He emphasizes the importance of understanding the difference between good debt and bad debt.

  • What is considered 'good debt' in the speaker's perspective?

    -'Good debt' in the speaker's perspective is debt that pays you, as opposed to bad debt which takes away from you. He suggests that good deals give you cash flow and do not detract from your wealth.

  • How does the speaker define a 'good real estate deal'?

    -A 'good real estate deal' is defined by the speaker as one that involves poorly maintained homes, properties that have been on the market for a while, or homes that could have great potential but are not getting deals due to being overpriced or unreasonable.

  • What is the speaker's suggestion for those who want to get rich quickly through real estate?

    -For those who want to get rich quickly, the speaker suggests real estate wholesaling. This involves locking up contracts and selling them off without having to fix the property or manage it.

  • What is the potential downside of real estate wholesaling according to the script?

    -The downside of real estate wholesaling, as mentioned in the script, is that you leave money on the table for others, such as fix and flippers or long-term renters, and you do not gain the long-term benefits of property ownership.

  • What is the speaker's recommendation for generating positive cash flow in real estate?

    -The speaker recommends targeting properties in areas with potential for growth over time, such as good neighborhoods, and buying properties that can generate positive cash flow through rents that cover the mortgage and provide additional income.

  • What is the concept of 'house hacking' as mentioned in the script?

    -'House hacking' is a strategy where you live in one unit of a multi-family property and rent out the other units to offset your housing costs. This can be used to generate income and build wealth over time.

  • How can one get funding for real estate investments quickly as suggested in the script?

    -The speaker mentions Bright Path Loans as a network of top local real estate lenders that can provide funding in as little as 48 hours, tailored to the investor's needs and offering the best rates and terms.

Outlines

00:00

🏠 Real Estate Wealth: Strategies and Secrets

In this paragraph, the speaker introduces the potential of real estate investment, highlighting how investing in properties can generate significant monthly income. They emphasize the importance of identifying good real estate deals and securing funding quickly. The speaker shares their personal experience, having been involved in numerous successful real estate deals and building a substantial portfolio. They also mention their involvement in various types of properties, from residential to commercial, and their current activities, which include buying companies and doing real estate deals. The speaker encourages viewers to stay tuned for more insights on real estate investing and wealth-building strategies.

05:01

πŸ’Ό The Path to Wealth Through Real Estate

This paragraph delves into the concept of wealth accumulation through real estate, focusing on the difference between getting rich and getting wealthy. The speaker explains that while getting rich is about making good deals quickly, getting wealthy is a longer-term process where rental income pays off the mortgage, eventually leading to a substantial cash reserve. They discuss various real estate investment strategies such as wholesaling, fix and flipping, and long-term rentals. The speaker also introduces Bright Path Loans, emphasizing their role in providing quick and tailored financing solutions for real estate investors. The paragraph concludes with advice on starting small and gradually building a real estate portfolio for long-term wealth.

10:01

πŸ“ˆ Maximizing Cash Flow and Property Potential

The final paragraph discusses strategies for maximizing cash flow and identifying properties with growth potential. The speaker shares a personal anecdote about an assistant who has successfully built wealth through real estate investments, focusing on properties in less desirable neighborhoods. They emphasize the importance of not being deterred by the location if the property generates positive cash flow. The speaker also encourages viewers to explore real estate investing further, suggesting additional resources and courses. The paragraph concludes with a call to action for viewers to engage with the content and share their thoughts in the comments.

Mindmap

Keywords

πŸ’‘Real Estate Investing

Real estate investing refers to the process of buying, owning, managing, and selling real estate for profit. In the video, it is the central theme, with the speaker discussing how investing in properties can generate significant monthly income and long-term wealth. The speaker emphasizes the importance of identifying good deals and leveraging debt wisely to maximize returns.

πŸ’‘Good Debt

Good debt is a financial term used to describe debt that can generate income or appreciate in value over time. In the context of the video, the speaker highlights that good debt can be used to finance real estate investments, which can then provide cash flow and potentially increase in value. Examples given include using debt to purchase properties that can be rented out, generating income that can pay off the debt and provide additional profit.

πŸ’‘Bad Debt

Bad debt is debt that does not generate income or is associated with assets that depreciate in value, such as car loans. The speaker in the video contrasts good debt with bad debt, cautioning viewers to avoid or pay off bad debt, as it drains financial resources without providing any return. The speaker uses car loans as an example, noting that they can have high interest rates and lead to financial loss.

πŸ’‘Cash Flow

Cash flow in the context of real estate investing refers to the net amount of cash generated by an investment after all expenses, including mortgage payments, have been paid. The speaker in the video emphasizes the importance of cash flow as a key indicator of a good real estate investment, explaining that positive cash flow can provide ongoing income and help pay down debt.

πŸ’‘Fix and Flip

Fix and flip is a real estate investment strategy where an investor buys a property, renovates it, and then sells it for a profit. The speaker in the video discusses this strategy as a way to generate significant profits per deal, especially when properties are bought at undervalue prices and then renovated to increase their value.

πŸ’‘Wholesaling

Wholesaling in real estate involves finding a property, securing a contract to buy it, and then selling that contract to another investor for a profit. The speaker explains that wholesaling can be a quick way to make money in real estate without the need for significant upfront capital or the responsibility of owning and managing the property.

πŸ’‘House Hacking

House hacking is a strategy where an investor lives in one unit of a multi-unit property and rents out the others to cover the mortgage and other expenses. The speaker mentions this as a way to start real estate investing by using rental income to offset personal housing costs, thereby building wealth over time.

πŸ’‘Bright Path Loans

Bright Path Loans is mentioned in the video as a network of local real estate lenders offering tailored rates and terms for real estate investors. The speaker highlights the importance of securing financing quickly and at the lowest cost, with Bright Path Loans being presented as a solution for investors looking to fund their real estate deals within 48 hours.

πŸ’‘DSCR Loans

DSCR, or Debt Service Coverage Ratio, loans are used in real estate to finance properties based on the property's ability to generate income that covers the debt service. The speaker in the video uses this term to illustrate how investors can use these loans to finance additional properties, leveraging rental income to manage their debt.

πŸ’‘Long-Term Rentals

Long-term rentals refer to the strategy of holding onto rental properties for an extended period, collecting regular income from tenants. The speaker discusses this as a way to build wealth over time, as the rental income can be used to pay off the mortgage and eventually provide a steady stream of income from an appreciating asset.

πŸ’‘Wealth Building

Wealth building in the context of the video involves accumulating assets and income streams over time to achieve financial security and independence. The speaker emphasizes that real estate investing, through strategies like fix and flip, wholesaling, and long-term rentals, can be an effective way to build wealth by leveraging good debt and generating cash flow.

Highlights

Investing in one property can yield $2,700 a month, with potential for higher returns with more properties.

Real estate is a key strategy for building long-lasting wealth.

Andrew Cartwright shares his real estate investing strategies and secrets from his experience in hundreds of millions of dollars in deals.

Building neighborhoods, custom homes, and flipping properties are ways to grow a real estate portfolio.

Andrew's personal success story includes building his own home featured on 'Flipping Vegas'.

The importance of distinguishing between good debt (which generates income) and bad debt (which depletes resources).

Finding good real estate deals involves looking for poorly maintained homes or properties that have been on the market for a long time.

A course is available for learning about cash flow and identifying the right real estate investments.

Real estate wholesaling is a way to get into the business with minimal capital, by locking up contracts and selling them.

Fix and flip deals can provide significant profits, especially when properties are bought undervalue and renovated.

Bright Path Loans offers financing solutions for real estate investors, with funding available in as little as 48 hours.

House hacking involves living in one unit of a multi-family property to offset housing costs with rental income from other units.

Starting small with real estate investments and gradually building a portfolio is a strategy for long-term wealth accumulation.

Wholesale properties can provide quick cash, but it involves giving up potential long-term profits from fixing and flipping or renting.

Generating positive cash flow through real estate can be achieved by targeting properties in areas with potential for growth.

An example of successful real estate investing is provided by Andrew's former assistant, who now earns significant income from her properties.

The importance of sometimes investing in less desirable areas to achieve long-term financial goals.

Transcripts

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I'm going to show you how you can get

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$2,700 a month investing in just one

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property that means if you invested in

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two properties that's

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$5,400 you do the math and if you do

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four properties that would be like

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$10,800 pretty good money every month

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just off a property I'm going to go over

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what makes for a good real estate deal

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and investing in it what the best way to

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go about it is and how to get funded in

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just 48 hours to days and it can be

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yours and I'm going to reveal some of my

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real estate investing strategies and

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secrets and what I've used I've made

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tens of God and been involved in

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hundreds of millions of dollars in real

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estate deals and more importantly it's

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brought me longlasting wealth real

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estate's the best way to get wealthy it

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may take you some time to get rich but

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it'll definitely secure your wealth I've

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done real estate I've built

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neighborhoods I've built Custom Homes

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hundreds of properties and I've whelt I

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fixed and flipped property and

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eventually grew my own portfolio of

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building my own stuff tearing down

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entire neighborhoods and rebuilding them

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and renting them out in industrial

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subdivisions restaurants nightclubs I

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built my own home which you can see on

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Flipping Vegas the Dream Home episode

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season 1 episode 8 go check it out you

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can see A&E's Flipping Vegas and check

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it out it's the biggest flip in Vegas I

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live in it you can see me co-starring on

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it not to mention that we're recording

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in the house I built right now from

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inside the Batcave which is a basement

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underground that's about 4,000 square ft

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so if you're interested in hearing about

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how you can get rich and stay Rich which

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is the most important part how to break

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into real estate and how you get into

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investing in real estate and a success

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story of someone I've helped in the past

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stick around to the end of the video

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don't forget to like And subscribe all

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that good stuff it really helps out with

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the channel helps out with a YouTube

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algorithm share this video if you want

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other people in your life to get rich

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maybe you don't maybe you don't want to

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share it with anybody you want to keep

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this information yourself I understand

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but my ultimate goal here is to make as

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many people rich and successful through

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my content my name is Andrew cartrite I

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can relate to where you are I've been

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broken homeless to multi-millionaire

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decamillionaire and locked in a lifelong

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success very wealthy doing this stuff so

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I'd love to help you do the same I

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started 32 companies and 17 IND

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I've bought 177 companies I've had five

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exits I've done a lot of stuff in real

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estate I love real estate it's like one

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of my games I'm in a good place so I'm

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literally right now buying companies

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with you guys and epic 99 and doing real

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estate deals we love doing deals you own

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81% we own 19% we partner up I put up

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the capital also don't forget to grab

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your $30 from PEX it's a free AI trading

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bot which is really cool that you can

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use in Pine

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and they have a bonus for users that

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deposit some money but literally you get

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$30 for free and don't forget to grab

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your free stocks down below or I got 10

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business loans down there that you can

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also do as well as some business courses

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and so forth so let's dive in first step

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in any investing decision is to look at

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the debt good debt I love debt I have

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you know I love debt the important thing

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is to pay off your bad debt good debt

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you want billions of that lots of it car

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loans are be considered bad debt once

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you buy a car it depreciates and

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immediately and you lose value on it and

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you're basically shoveling money into

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the garbage basically um on that

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particular loan that loan could have an

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interest rate as high as 29% for some

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people that have terrible credit your

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home unfortunately probably is in the

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bad debt category because this actually

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takes money from you it doesn't give you

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money the idea of good debt is that it

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pays you bad debt takes away so don't

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pay off all your debt just make more

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money is probably the easiest way and

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I've said it before but the way you can

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make more money is through good deals

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and good debt good deals give you cash

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flow they don't take away from you

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they're not like a car payment or your

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house if you want to find good deals on

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real estate investing drive around the

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neighborhood or just in general look for

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poorly maintain homes High Grass

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unpainted roofs that look like they're

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you know in disrepair you can also look

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at homes that have been on the market

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for a while homes that could have great

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potential but literally they just can't

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get a deal done maybe they asked too

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much money and then people just forgot

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about the house and said they were

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unreasonable if you want more details on

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how to find good deals check out the

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course that I have down below it's

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pretty cool on real estate it teaches

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you all about cash flow and how to find

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the right Investments to make more money

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with your real estate I will talk about

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that cash flow model towards the end of

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the video and you'll get that anyway

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even if you don't get the course but for

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now let's talk about the tips ultimately

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there is no better way to get rich and

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eventually wealthy with real estate

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because you get rich by making good

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deals that's the great upside and you

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get wealthy when your renters pay down

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your mortgage to zero and now all of a

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sudden you have a stock pile of cash

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which ultimately is secure wealth

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getting rich is about speed it's fast

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it's about momentum getting things going

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it's about buying a property and fixing

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it up as quickly as possible and then

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renting it out flipping it to yourself

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so you're making money if you want to

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get rich fast then real estate

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wholesaling is probably the best for you

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wholesaling is a great way if you don't

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have a lot of money you can just lock up

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the contracts and sell those contracts

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off you don't have to have a crew you

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don't have to fix the property and you

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don't have to do anything really except

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lock lock it up in a contract and sell

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it to someone else whol selling can be a

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great way to get into the business to

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learn how to structure a deal it's the

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basis of it a good deal is not going to

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sell a great deal is going to sell a bad

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deal is never going to sell so if you're

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doing wholesale you want to get into

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some great deals get in and get out of

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the deal as quickly as possible you're

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going to leave money on the table and

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there's no liability you don't get stuck

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in owning a property or fixing toilets

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or anything like that so finding a great

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deal is what wholesaling about and

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selling it so the fix and flipper still

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has a good deal that can cash flow it's

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fast it's clean you're in and you're out

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and you make your money kind of like

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In-N-Out Burger they got some good

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burgers over there I tell you and it's

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cool you only have four choices to make

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on the menu right however it isn't the

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most amount of money you don't make the

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most amount of money here because you

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you got to leave money on the table for

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somebody else you got to leave money for

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the fix and flipper and you got to leave

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money for somebody that's going to rent

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it out in real estate the most amount of

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money that you can get starting out is

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by fixing and flipping distress

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properties to help you get them into

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long-term rentals that's the best

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flipping has the potential for large

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profits per deal as opposed to real

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estate wholesaling the biggest margin is

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because you've got to put some elbow

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grease and work into it this is truly

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essential if your property is bought at

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significant undervalue prices and then

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you renovate them and make them look

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beautiful I have the perfect place that

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you can go to both Fix and Flip loans as

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well as long-term rentals and they just

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so happen to be sponsoring this video so

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thank you so much bright path loans is

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not just another lending company they

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are Partners in your real estate success

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bre path loans is a network of top local

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real estate lenders offering the best

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rates and terms that are tailored to

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your needs whether you're a seasoned

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investor or you're just dipping your

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toes in the market they've got you

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covered over the last decade Bri path

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loans has fine-tuned its private lending

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infrastructure to empower investors and

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all levels and credit backgrounds

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whether it's your first investment

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property or your 20th you're guided

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every step of the way and the best part

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is you can get the funding in as little

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as 48 hours at the lowest cost so why

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wait don't let financing hold you back

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in your real estate dreams click on the

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link in the description as well as the

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first comment to get bright path loans

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today thank you so much bright path

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loans for sponsoring this video it means

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a whole lot to us and take care of my

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community because they're awesome now in

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my last video I touched on how I stayed

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in the houses I was renovating and

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that's what we called house hacking for

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example let's say you buy a small multif

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family property if you live in one of

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the units you can rent out the other

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units to offset your housing costs if

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you buy let's say a fourplex you can get

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government loans and use HUD money the

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cheapest money out there then once

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you've generated enough income from the

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first fourplex you can buy another

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property using a Fix and Flip loan and a

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second property through lending like

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vith loans to be able to get a dscr loan

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that'll help you buy as much property as

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you can possibly manage something to

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keep in mind when you're getting your

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start real estate investing is to start

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small with these types of properties and

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eventually build with the portfolio to

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build your wealth eventually you have

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100 million under your belt and uh you

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won't think anything of it it'll be easy

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if you want to get rich quick then just

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wholesale a bunch of properties make a

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little cash flip it and uh you'll get

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rich quick with little stress because

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all you're doing is signing 20 pieces of

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paper and then handing it to somebody

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else however what you're giving away

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when you wholesale is the money that

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comes from the Fix and Flip and also the

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money that comes from the portfolio

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you're also giving away the long-term

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rental and you could have under your

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belt all of these by using the right

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loans and get wealthy over time you can

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just keep the stuff why not flip it to

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yourself by fixing and flipping you can

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create great deals then you could bring

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in positive cash flow from your dscr

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loans and stabilize them another way to

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generate positive cash flow is by

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targeting properties in your areas that

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have potential growth over time that's

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like a good neighborhood I'll give you

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an example my old assistant has a

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property a sixplex that cost her $180

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,000 they're paying her

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$3,800 a month for the tenant the cost

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of the mortgage is like 1,000 bucks so

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she's making

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$2,700 a month on the unit all she has

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to do is add two or three of these and

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she'll be able to buy more and more

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because she'll be making $2,700 per like

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her now husband doesn't even have to

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work doesn't have to do anything

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necessarily but maybe help her fix these

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properties and she's bought in areas

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that nobody else wants to live in and

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people ask her like even the person

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selling the property asked her why would

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you buy this property it's in a terrible

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neighborhood she goes I don't have to

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live there I'm not living there and

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guess what the tenants have been there

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for 12 years why would she care she's

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not living there the bottom line is it

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makes money sometimes we have to go to

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the places we don't want to go so that

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we can achieve the things that we want

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in life which ultimately lead to a

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better life I hope you enjoyed this I

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hope you check out the other videos make

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sure you check out my ATV video which

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has an unbelievable business that went

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from brok and on welfare to $32 million

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worth of Revenue you got to check it out

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and if you're interested in real estate

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investing and want more check out the

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courses I have below love to hear from

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you guys in the comments make sure you

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leave a comment love to hear from you

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take care love you

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Related Tags
Real EstateInvestingWealth BuildingProperty DealsFix and FlipWholesalingCash FlowDebt ManagementSuccess StoriesReal Estate Loans