The notion that virtual real estate investments should be exclusive to notable real estate professional investors is not entirely true.
The COVID 19 pandemic has proven that virtual real estate investing is for anyone in today’s industry. You are not required to go to other states to do property research.
The business details location of an investment property is no longer a hindrance to purchasing. Real estate investing tools and real estate investor websites let anybody from anywhere making good investment selections.
That being said, I supposed you’re interested in this. Come and join me in this review of DC Fawcett’s VREIC.
Although before that, I’ve got to tell you that…
VREIC is a real estate investing program.
Like most real estate investing training courses, you’ll likely be exposed to the “Big 3” investing types:
- Long-term buy-and-hold
Regardless of which path you go down, there is a lot of potential with real estate investing.
After all, it’s the world’s oldest wealth-builder.
However, before you leave this VREIC review and go sign up, you might want to ask yourself:
“Is now the right time for me to get into real estate investing?”
Because, no matter which way you slice it, real estate investing is extremely capital intensive, labor intensive, or both.
So if you’ve only got an hour or two a day, or your savings account is a few zeroes lighter than you’re comfortable with, this might not be the best time for you to jump into real estate investing.
But that doesn’t mean you’re out of luck. It just means you need a system to free up more time and give yourself a stronger financial cushion.
A good way to get yourself there is with Digital Real Estate.
Digital Real Estate takes all the best parts of real estate investing, while eliminating most of the headaches:
- Low cashflow
- Interest payments
- High overhead
- Expensive repairs and maintenance
- Problematic tenants
And the best part?
Digital Real Estate allows you to build a passive income stream that’s actually passive!
An income stream that brings in consistent revenues every single month (from a couple thousand dollars to well over $10,000).
An income stream you could actually build in your spare time, and grow as large or as small as you want to, without having to spend hours a day analyzing deals, cold-calling homeowners, or dealing with contractors.
If that sounds like something you’d be interested in, check out Digital Real Estate.
This is the perfect first step to build recurring income that you can then use to start investing in real estate down the line.
However, if you’d still like to know more about VREIC, keep reading.
What Is Virtual Real Estate Investing?
Before acquiring an investment property, virtual real estate investing involves real estate research and investment property analysis using real estate investing software before reaching an investment property.
In contrast to the traditional method of physically visiting showings, it is essentially a distant real estate investment.
It is a cost-effective method of doing out-of-state real estate investing since it eliminates the need for travel and the accompanying expenses and time needed.
Not to mention that it simplifies the process of searching for off-market investment properties, which would otherwise include traveling.
Virtual real estate investors invest in long-distance real estate from the comfort of their own homes.
Who Is DC Fawcett?
DC Fawcett founded the DC Fawcett Virtual Real Estate Investing Club, a platform where you can discover real-life examples of what works best in today’s real estate investing market.
DC Fawcett is a virtual real estate investor. He invests in a variety of virtual marketplaces. He has mastered the art of virtual wholesaling, rehabbing, and cash flow investing in multiple virtual markets where he does not live.
Fawcett specializes in assisting individuals in learning and building their real estate investment enterprises with his proprietary DC Fawcett Virtual Real Estate Investing tools.
He is especially pleased with his students’ ability to organize their businesses via outsourcing and team development. This enables the investor to spend more time doing activities he or she enjoys, such as spending time with family and friends.
Fawcett is passionate about his proprietary system which he uses to educate entrepreneurs on how to build their businesses and produce several income streams.
On his site, DC Fawcett offers free Virtual Real Estate Investing advice. He likes spending time with his family when he is not helping real estate investors in starting or growing their businesses.
Things To Know About Rehabbing Investment Real Estate Property
The process of upgrading investment houses may be romanticized at times. Many people dream of buying a run-down house, pouring time and money into it, flipping the property into a nicer and more attractive home, and walking away with a tidy profit.
But don’t be fooled. There’s much to learn about real estate restoration before buying your first house (rehabbing), and being a successful real estate investor and a good renovator are not the same.
So, here are 9 things every real estate investor should understand regarding rehabbing investment real estate property.
- Your Investment Properties Are Not Your Home.
- Most People Are Unable To Rehab Real Estate On Their Own.
- Rehab Budget
- Working With The Right Contractor Increases Profit
- Permits Should Be Checked.
- Know When You Should Advertise
- Seasoning Plan
- Rehabbing Is Difficult
What Is Virtual Wholesaling?
Virtual wholesaling is the practice of selling real estate remotely or “virtually,” allowing you to reach ideal markets that are not in your local vicinity. It’s largely the same as traditional wholesaling:
- Find undervalued real estate
- Do the math on a potential deal.
- Negotiate a sale with the owner
- Look for a cash buyer
The differences are in HOW you do each step.
For example, “driving for dollars” is a frequent strategy for finding undervalued real estate bargains.
This technique, like many others, is unworkable for virtual wholesaling.
What Is Short Sale Investing?
Short sale investment in real estate, for those who are new, is simply advertising a house for less than the amount owed on the mortgage.
There is often confusion between a short sale and a foreclosure. Let’s get it straight right now.
They are simple financial alternatives available to distressed borrowers who have fallen behind on their mortgage payments and have a house value less than the outstanding sum on the mortgage. Consequently, in both cases, the owner is compelled to sell the property.
However, the timescale and other repercussions differ in each case.
DC Fawcett: How To Avoid Real Estate Scams And Fraud When You Buy Investment Property
Gullibility is not an option in a real estate transaction. Many con artists are former real estate brokers who take advantage of the real estate industry.
Here are some red flags of real estate fraud. You must exercise caution when purchasing, renting or selling real estate.
- Never make a hasty decision. It may be a great bargain, but you must investigate. If you are a tenant, you should inspect the inside of the property rather than merely look at it from the outside.
- Some ex-real estate agents may be so convincing that you fail to identify them as con artists. These fraudsters will have a LinkedIn profile with outdated or misleading information that the victim believes is correct. Unlicensed real estate agents continue to sell homes. So, request a copy of the real estate agent’s license.
- Some real estate sellers may purposefully sell off houses that have problems. They will, however, provide the impression that the real estate is seamless. As a result, it is good to ask as many questions about real estate as possible, including the reason for selling off real estate, and so on.
Remember that we are not sponsored to advertise any of the programs we review. We believe that virtual real estate investment is a great business idea, but you might lose a lot of money if you don’t pick your cards right.
Is VREIC A Scam?
So, is VREIC a scam? Not technically. You can make money with this program, but it’s definitely not as easy as DC Fawcett makes it sound.
There’s a ton of work to be done upfront, no real guarantee of success, and – most importantly – the actual profit margins on real estate investments are pretty small.
Now, there’s nothing wrong with front-loading the work and making the money later.
But if you’re grinding it out for 3 months – looking at deals, sending out offers, negotiating with the seller and lender to buy a rental property – and then your reward is like $100 a month in profits, it’s not really worth it.
What if, instead, you could do that same 3 months of work (in your spare time), and your reward was a $500 to $2,000 payment that came in every single month (with a 90-95% profit margin)?
And what if you actually didn’t need to wait 3 months? What if you could get started today and have your first payment in a week?
And what if you could double it next week?
Well, that’s the power of Digital Real Estate.
And, unlike traditional real estate, you can legitimately do this from anywhere. It’s a true lifestyle business.
Your laptop and an internet connection is all you need.
Some of the most successful students in this program run their entire 6-figure businesses from:
- A camper in the middle of the woods
- A beach chair on the water in Mexico
- A small villa in Greece
They’re able to travel around, living their lives first, and focusing on their income second.
Because even if they stop working for an extended period of time, the money keeps coming in.
So adventure, memories, and experience are the top priority.
And they never have to worry about how to pay for the next trip, or consider asking for time off.
If this sounds more like the type of life you want to lead, just click here to find out more about Digital Real Estate.
Are There Alternatives To VREIC?
Yes, there are plenty of other business models to choose from if you want to pursue this making money online. Here are just a few:
What Is My Top Recommendation In Making Money Online In 2022?
Our review team has spent months researching, reviewing, and vetting dozens of business models and thousands of programs.
While there may be no “perfect business”, the research IS conclusive:
Digital Real Estate is the #1 online business model for those just starting out.
Whether you’ve never made a dollar online, or you’ve been in this space for a while but never really “made it,” Digital Real Estate is for you.
1) It’s Flexible: got an hour a day? You can do this. Ready to drop everything else and dive in full time? You can do this. Yes, the more time you put in, the faster you see results. But even with a little time each day, you can move the needle in a Digital Real Estate business.
And because this system is so flexible, you don’t have to constantly be working to make more money. It’s called PASSIVE INCOME because if you stop working, the money doesn’t.
Imagine taking 3 months off to just tour around Europe, rent a cabin in the woods to write a book, hike the Appalachian Trail, or live on the beach and surf all day.
This is only possible if you have an income stream that’s not tied to your time.
Flipping and wholesaling are full-time jobs (and more), no matter what any real estate guru tells you. You always have to be searching for deals, because if you stop, so does the money
2) You Own & Control EVERYTHING: Yes, in traditional real estate you kind of “own” the properties. But there’s also a ton of debt tied to most real estate investments, which means the property isn’t truly yours.
A lender can take it away if you miss a payment. Not to mention, loan payments really impact your profit margins.
With Digital Real Estate, you own the assets outright (with a 90-95% profit margin), which means you have all the power and all the control.
3) Little To No Startup Costs: It’s possible to get into Digital Real Estate with zero dollars upfront. Because, using the strategies outlined in this program, you can get a client to pay you BEFORE spending a penny out of your own pocket…even before you do any work.
Even without getting paid in advance, you can have your first Digital Rental Property up, running, and generating profits for less than $100.
4) Minimal Ongoing Expenses: With traditional real estate, monthly expenses are HIGH. Between loan payments, ongoing maintenance, and repairs (not to mention the possibility of having to go through the eviction process), profit margins are slim.
Plus, whenever you have a vacancy, factor in the costs to turn over a unit (plus the fact there’s no money coming in until the next tenant moves in).
With Digital Real Estate, a 100% online business with minimal maintenance and ongoing costs, you never even have to think about that risk.
5) Easy To Duplicate: Ok, here’s the best part: once you have your first Digital Rental Property up and running, you can literally DOUBLE your income with a few clicks, a couple keystrokes, and a single phone call (and you don’t actually need the phone call).
Remember: each Digital Rental Property is worth $500 to $2,000 a month in semi-passive income (over 95% profit). Every time you decide to create another one and increase your income, it gets easier.
Because you have more knowledge, more experience, more results, and more momentum.
If you wanted to double your income with traditional real estate investing, you’d have to double your monthly rent, double your deals/number of units OR double your profit margins. And, guaranteed that’s a lot harder than a few clicks and a few minutes of your life.
6) Make Money Helping Real People: This part is what makes it all worth it. With Digital Real Estate, you’re actually helping people by solving your clients’ biggest problem:
Small, local businesses need more customers, and with Digital Real Estate, you are unleashing a flood of happy, paying customers for these businesses.
You make money by helping them make money.
Not a big, faceless corporation either…a small business owner who’s using that money to put food on the table for their family, start a college fund for their kids, or take care of a sick parent.
Once you see how Digital Real Estate makes a real impact in the lives of real people, you’ll sleep like a baby with a big smile on your face.
Now, the choice is yours. You could continue browsing, looking at opportunities like VREIC which could one day make you money.
You could continue researching, never making a decision.
OR, you could take a look inside, consider what you really want, and join a program that makes your dreams a reality. At the same time, joining a community of over 2,000 successful students that are living life on their own terms thanks to Digital Real Estate.
A consistent, reliable, semi-passive stream of income that doesn’t depend on you or your time to keep producing profits.
All while genuinely helping real people who are grateful and happy to pay for it.
If this sounds more like what you want out of life (or if you just want some nice side income), click here to learn more about Digital Real Estate.