- New Actual Property Agent Ideas: Open Homes and Accumulating Data
- Essential Components for Rental Property Funding
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Why pay the lowest morgage? The interest is whrn you start the credit. At the end, you are just paying the capital you borrowed
Homie sound drunk. Sauced
Lol. Homie broke
I wasn't financial free until my 40’s and I’m still in my 40’s, bought my third house already, earn on a monthly through passive income, and got 4 out of 5 goals, just hope it encourages someone's that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made.
The master has spoken. You all have to listen.
Peace of mind
Please do a video on how to find a mentor
Now what about if you're 50, own your primary residence outright, have no debt, a decent income and want to start investing in property so that in ten years you can can get about 3-4k net income/month? Possible?
Rubbish
This is assuming lower interest rate (much higher for investment properties), not factoring taxes; insurance; maintenance; management fees and assuming property and rent values go up or stay. Realistically, you will make 3 to 4% a year in Biden’s economy. Better to put that money in a bond and get passive income without a headache
Thanks bud for keeping us financially Educated! Regardless of how bad it gets on the economy, I still make over $29k every single week,
With BRRRR strategy becoming more well introduced and educated, there are many buyers with goals to profit using such method. Yet the problem is that everyone knows how to calculate the number and work the formula. On top of already inflated market, it is almost impossible to buy a property to find any positive income without very big lump sum of down payment. Yes, you can easily say "make more money" or "save more money," but housing is so inflated, just to buy a decent property to live in is almost impossible in market like CA where i dwell for past 30 + years. Nowadays, banks pays out 5% interest for having the money just sitting in their CD or Mutual fund accounts. the window of profit through real estate is dead and BRRRR for average people is unrealistic, unless you are someone with experience and expertise, knowing how the below market priced property before it goes listed on MLS. Thach Nguyen! or If there is anyone out there who can teach us how to still make profit with BRRRR strategy, applying to current market, that is the golden information we would like to learn and apply in our investment. I appreciate the video and I am happy that your method worked for you in the past. However, most of the past methods, which used to work are being rapidly outdated and becoming unrealistic for current market applications. What do we do now?
This video is too QUICK FOR BIGGINERS
Its couldnt find what am lookin for next time talk to us simply straight to the point
how do you start with average income 3_5k a mounth
Whats the strategy to by your first one ? How to manage your money in between your familly home , your self with those 5k ?
If you buy your first do you repeat the cycle or not ? What to do if not ? How numbers shold be after that ? Do you go to Bank credit if you are new in usa and want to go on rental businesses or not ? If so how to proceed as an amateur?
I began investing at the age of 40 primarily by leveraging my hard work and dedication. Now, at 45 years old, I recently achieved a milestone where my passive income exceeded $100,000 in a single month. This success reinforces the importance of following this valuable advice. Take action and make it happen
Back in the day, when I purchased my first home to live-in; that was Miami in the early 1990s, first mortgages with rates of 8 to 9% and 9% to 10% were typical. People will have to accept the possibility that we won't ever return to 3%. If sellers must sell, home prices will have to decline, and lower evaluations will follow. Pretty sure I'm not alone in my chain of thoughts.
You can only have one 3.5 percent down property at a time. So you can’t repeat that. 1 FHA loan per person. If you want to buy a second one with an FHA loan and move to it then you can as long as the previous one has been paid down 20 percent. Seeing how most of the first payment goes towards interest, it isn’t that quick. Other than that good video.
I’m in the music industry but I’m about to buy 5 rentals.
Thanks for sharing about how to do a pay down strategic system. That's super cool. I'm actually a 13 unit apartment owner, owner operator, and I just wanna pay off my 2nd building. I got a 25 year, with a 5 year fix @ 4.25%, adjustable after that. Just 2 years into it. I think I got a great deal, made it cash flow in just 1 year. I'm so looking for peace of mind.
I’m in the market, stocks and real estate both, and I wouldn’t recommend investing in either right now. Next 1-2 years will be prime time to invest at a discount.
Thank you for this knowledge Thach.