How to Earn with Real state business.
enlisted revealing how to make money with digital real estate and how complete beginners learning 100 to 700 a day with no experience more after the intro hey guys how's it going mike basil here welcome to this video before we actually remind you that several spots have opened up for this week's free workshop where it's literally the fastest and easiest way to make money we have already literally have a 63 years old woman goes from zero to 160 grand profit in 98 so check it out now so i want to break down my digital real estate business where you could see we literally pull in anywhere from 35 grand to 46 grand a month but before we actually bring in into that people always get confused they're like what digital real estate i get started with that and this is something that's expensive to get started in or can i literally get it started for free or very low cost this is literally what i wish i knew when i was first getting started and that's step number one defining what digital real estate is now but for you to understand what digital real estate is you got to understand like the traditional real estate model right so what's like the traditional real estate model you know you read a book like for example rich dad poor dad by robert kiyosaki you're like oh there's this thing known as good debt versus bad nut right where bad debt you literally get a mortgage from the house you go get the house and you live in it and now you have to spend 1500 a month every single month normally for the next 30 40 50 years until you like die right and you never really essentially own the house right because you're always like in debt to the bank that's bad debt right now what's good debt in terms of real estate you literally borrow money from the bank you get the house you pay 1500 mortgage a month but then you get someone else to go ahead and live in it and pay you two grand a month so essentially 1500 goes to pay off the mortgage and 500 goes to your profit that's good debt because even though you took debt out you literally are cash flowing positive and you get to own the house in the next 20 or 30 years depending on whatever type of mortgage that you end up getting right now that's a traditional real estate business model now the only downside of that is number one you need a lot of money number two you have to require a lot of the leverage from the bank if you can't find a tenant guess what you still have to pay the mortgage right it could be very risky like i know some people in our community that built a nine-figure real estate business that ended up crashing in the 2008 crisis so it could be very very risky right so let's talk about what the passive income machine is for digital real estate what's the exact same thing right like for example when you have a mcdonald's what makes mcdonald's make a lot of money they're not actually in the hamburger business they're in the real estate business and depending on where they are located wherever there's a lot of traffic or cars or eyeballs the more amount of burgers will be sold that's how some mcdonald's can really make a million dollars a year profit right because of the traffic in the intersections that they go ahead and put their mcdonald's on right well digital real estate's exact same thing there's certain things online that are traffic same thing like traffic in cars and people walking like foot traffic in the mall that are literally driving in front of the online real estate world where companies could either rent this land or you could sell your own products and services and that's essentially what it is that is a digital real estate model creating and developing online real estate where there's traffic that people can either buy a product from you which would be your own product or service or you could rent it out to other businesses to go ahead and make money like for example i was supposed to be a dentist right i was supposed to be dentist as you can see right here i was like in this path this is me like literally working like in the dental industry um i did not become a dentist because i ended up leaving the first like literally the first year i was supposed to start and i'm leaving dental school right but say i would have become a dentist i would have literally needed to get a dental practice where there would be a piece of real estate where there's a lot of traffic i would have to rent this from for example this person that owned the land well that's literally all digital real estate is i create the digital land and other people rent from me to literally go and make me 35 or 46 a month with just one digital real estate method but there's so many different methods right now you're probably wondering well how much money can you make with this method look at this these people that met on bumble or tinder make 86 grand a month right this girl who lives in an rv makes a hundred grand a month these people who literally just recommend credit cards be the ones that become more and more wealthy in the future right and the coolest thing about this is literally anybody can do this you see literally then u can earn easily.thanks.