Out there on social media, there are a lot of get rich quick videos.

Okay, I'm going to show you how to make $900 and three hours using this stupid easy side hustle.

Here's a really easy side hustle that even an 11-year-old could do.

And one of these types of videos in particular has argued that the best way to make money without working

is by taking advantage of a hot housing market and investing in real estate.

I want to share in this video with you some ways that you can get started in real estate with.

I'm going to share with you my dirty little secrets to start getting rental properties now with no money.

And I want to tell you exactly where you should be looking to buy your first rental property.

In some of these videos, people show how successful they've been by flaunting their luxury cars and flashy lifestyles.

Our colleague Will Parker has been watching a lot of these videos.

And they want you to jump on board with them, give them some cash so they can make you rich like them.

And you can live a fabulous, ostentatious lifestyle like they do.

And do you have to work?

Well, no, the way it's pitched is that this is a passive investment.

You just give this guy all this money and he makes the investment where it can pays you returns.

Because, you know, he needed your cash in order to buy this big apartment complex or whatever building.

The whole pitch is that you don't need to work or worry about it.

You can make money passively without having to manage the day-to-day.

You just watch it go up and down and hopefully it goes up.

But now, as the housing market cools, these supposed, sure thing investments are not such a sure thing.

And one apartment empire shows just how quickly it can implode.

Welcome to the journal, our show about money, business, and power.

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