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Historically, real estate has outperformed other asset classes. Cody Sperber startedin real estate with no money to his name. Now he's now done hundreds of millions of dollars in deals.
Now Sperber has flipped well over 1,000 homes and credits much of his success to that first big introduction to wholesaling, the strategy he used to get started. It's an easy way for beginners low on capital to start building their bank accounts, he said. ."We had absolutely no money to do deals, but, you know, I noticed that I was very good at networking. So I would literally go around asking people, 'Hey, what's the No. 1 challenge I can help solve for you?'"
Of course, it is important to have savings set aside to cover things like repair expenses, but at $100 a property, that wouldn't leave a ton of money to live on, he added.
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