Summary List Placement Investing in real estate can be intimidating, especially for beginners who are low on capital. But there are ways to get started, take it from Cody Sperber. The self-described "clever investor," Sperber started investing in real estate with no money to his name. Now, he's done hundreds of millions in deals. It all started in college, when a friend flipped a house for an $80,0000 profit. Sperber couldn't believe it, having always thought you needed deep pockets, a real-estate license, construction knowledge, or connections to flip.