Want to make money without having to take any money out of your pocket? The mother and daughter team, Carmen and Jordan Campagnaro talk about how you can make money using money from the bank, other investors, or from equity you have collected in this episode..
We all know that making money is something we all strive for in life, but it has its drawbacks. You lose out on precious time with your family and friends. That is, of course, unless you find a way to make money and still have that quality time with your friends and family. It’s even better if you use other people’s money to do it.
The Campagnaros have their own show, 30 minutes to Wealth and are constantly expanding their network to not only mortgages, but started to work on REITs, which are Real Estate Investor Trust that allows investors to participate in the ownership of all of their real estate assets and make money off of it. The investors who join in on a REIT with Jordan can make money from the inflation in the value of the property and rent cheques from the tenants who live or work there, as they own both residential and commercial buildings.
Jordan and Carmen explain in the video how they make money by putting down literally no money at all. Using solely bank money and equity from Jordan’s condo, they were able to put a down payment on a 4-unit Victorian-style home, plus cover the renovation costs. It would’ve generally cost someone else, who didn’t know this strategy, $1.5 million, where the Campagnaros paid nothing out of pocket. Now, they just reap the benefits of collecting the rent cheques and watching the property go up in value.
Do you like the idea of making money without having to take any money out of your wallet? Check out this video and learn from Jordan and Carmen’s story on how they made it a business venture.