In investing world, there are a lot of real estate personalities that are really good at what they’re doing.
In this article we will talk about Richard Fain and 12 things you need to know about him.
This Richard Fain review has been thoroughly researched with information and testimonials that are available online to anyone in the public. Any conclusions drawn by myself are opinions.
Table of Contents
Pros: What I Liked
- His three strategies in building wealth are really easy to follow if you commit to it.
- He is a YouTuber so his contents are free
Cons: What I Didn't Like
- A lot of people may find strategy # 3 hard because rewarding self can also boost motivation
Richard Fain is a real estate businessman.
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 Richard Fain 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 Richard Fain, keep reading.
1.Who Is Richard D Fain?
Richard Fain is a YouTuber who has this unique strategies that he claims to be proven to 10x his net worth.
2.When Did He Start Earning His Wealth?
Richard Fain used to really feel puzzled about how to earn income and challenged when it came ot managing his finances.
He got into a certain realization that led him to execute his strategies.
He started when he finally realized the concept of paying yourself first no matter how small his income was.
3. What Are His 3 Strategies to Achieve His Wealth?
– Cut off things you don’t need
– Get into real estate
– Delay the gratification
4. Strategy # 1: Cutting Out Things You Don’t Need
He cut out things he didn’t really need, he stopped buying stuff impulsively…
He started to become aware of his personal finance.
His advice is to live humbly enough to free up 10% of your monthly income.
5.Strategy # 2: Getting Into Real Estate
He lived within and even below his means until he got into real estate where he really earned huge income.
He bought a house until it appreciated in value and and he sold it.
6.Strategy # 3: Delaying Gratification
His final strategy is “delayed gratification”. Even though Richard already has funds to buy cars and luxury items, he didn’t give in to it until he secured his future through investing.
He reached the point of acquiring several income streams that he’s been using now as source to purchase his luxury items.
7.What Are His Other Accomplishments?
He is also the chairman and CEO of Royal Carribbean Cruses Ltd. with a net worth of $264.12M.
He sold about $222M in the last 16 years at Royal Caribbean Cruises Ltd.
8.How Much Shares Does He Own For Royal Caribbean Stock?
He owns 37,513 units of Royal Caribbean stock worth over $66,016,214.
9.Is Richard Fain Legit?
So, is Richard Fain a scam? Not technically. You can make money with this program, but it’s definitely not as easy as he 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.
10.Can you trust Richard Fain?
Yes. He has already established his name in YouTube and other social sites as well.
Not to mention the fact he’s the CEO of Royal Caribbean Cruises
Of course, you can do further research on your own to know if you can trust him as well.
11.Is Richard Fain Worth to Follow?
Yes. He is worth to follow because he has shown commitment and dedication to the three strategies that he conceptualized for himself.
With that, we can expect same quality contents from him for across the social networking sites.
12. Final Thoughts:
A lot of businesses and investment opportunities nowadays are too focused on quick rich schemes but Richard Fain really is inspirational because his three strategies are geared towards having discipline, patience, and trusting the process.
Therefore, for me Richard Fain really gives value to people and is worth to follow!
Are There Alternatives To Richard Fain
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 #1 Recommendation To Make 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:
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 Richard Fain 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.