Want to Start Investing in Real Estate but Can’t Afford It?

How many times have you thought to yourself, “Wow! I sure wish I could invest in real estate, but that’s for rich folk, and I sure don’t have THAT kind of money!”

Do you have any other excuses? I hope so, because I met someone who will quickly remove that excuse.

I met someone who came from being an inner-city kid and turned into a big-time Detroit real estate mogul. If you’re interested in investing in real estate, continue reading. Even if you are a Detroit Area investor, read to learn more lessons from this man.

Honestly, since I've been studying money making methods, including real estate, I've been fortunate enough to meet many different investors. Some of them are truly great.

I don't know whether Herb Strather is the best, but I know that he's really good. Why am I writing about him?

Well, I saw him talk this past week, but truthfully, I see a lot of presentations. So that, alone, isn't enough. Let me tell you. While he happens to capture me with his lambasting passion--you really can't help but notice it; you’ll get bowled over by it--what truly separates him from many others is that he removes YOUR excuses not to become a successful real estate investor.

You see, Herb spent his childhood living in one of Detroit's "hoods." (For those of you who really know the City of Detroit, he was near Mack and Mt. Elliot.) He and his family had no money, but Herb used this to his advantage. This gave him a burning desire to find a way to escape life's prison.

Before graduating high school, he started working in a local factory. So he was making a little bit of money, but he wasn’t getting rich. However, he had the foresight to build his relationships with the bankers waiting on him. When he graduated, he borrowed the money to buy his first house and found a way to put cash in his pocket. That’s right! He got property AND cash! He had a debt to repay, but he used that cash to buy another property. Now many years later, he completed more than two billion (yes, billion) dollars in deals.

So if a poor, underprivileged black kid from inner-city Detroit can do it, what is most of the rest of our excuses?

Herb removes most, if not every, excuse not to invest successfully in real estate. He discusses how to become your own bank. He touches upon the importance of building relationships. Most importantly for many beginning investors reading this, he points out the fact that you need ONE of four things: cash, credit, collateral, or skills. You might not have the first three, but you can always get skills. He reminds us that you can begin investing in real estate without spending your own money.

Plus, he makes himself openly available so often at such reasonable prices. I saw him for FREE the other night—for the THIRD TIME. I bought a paperback and an e-book from him. Compare the price of those things to what many others charge you. (Remember: Herb did not require that we buy the book.) He is a pretty amazing resource. He has a passion for rebuilding Detroit’s dilapidated neighborhoods, and he is willing to help anyone, especially those that help revive the city. It’s an absolute shame that more people don’t utilize him.

If you get an opportunity to see Herb Strather, I suggest you run—don’t walk—to see him. In the meanwhile, check out his website: www.StratherAcademy.com. I also suggest reading his book Getting Rich is Easy, a comprehensive real estate investing book with many useful online resources.