Visit www.richdadpro.com to join the community!Ever wondered how to start in real estate with ZERO experience? Meet Ty Downey—a full-time employee who decided to take massive action and dive into real estate investing. In just 64 days, he went from knowing nothing about wholesaling to closing two deals and making $14,000!In this episode of Rich Dad Radio, we break down Ty’s journey:- How he started with no money and no experience- The exact steps he took to build a network of investors- How one Facebook post opened doors to private money lenders- Why cold calling was the game-changer for finding deals- The biggest lesson for anyone looking to break into real estateIf you think you need thousands of dollars to start investing, think again. Ty proves that with the right mindset, mentorship, and action, success is within reach!00:00 Introduction 01:05 Meet Ty Downey: The Hustling Investor03:25 Starting a Real Estate Business05:58 Building a Network and Finding Deals09:23 First Flip and Learning the Ropes11:31 Shifting Focus: From Flipping to Wholesaling17:37 Tools of the Trade: Dialers and Skip Tracing18:44 The Importance of Education and Mentorship20:54 The Abundance of Capital for Real Estate Deals21:39 Understanding the Target Market22:30 Overcoming Financial Obstacles23:26 The Importance of Quality Conversations24:08 Building a Wholesaling Business25:21 Effective Cold Calling Strategies27:07 Breaking Down a Successful Deal30:11 The Power of Mentorship33:33 Achieving Financial Freedom36:30 Final Thoughts and Encouragement
