I’m closing in on retirement and I'd love to move from Minnesota to a warmer climate, but home prices seems ridiculous today, do I go ahead with buying a house anyways, or look at other sectors of the market as of now?
consider talking to a well-experienced advisor about which sectors of the market to focus your portfolio on, diversification is actually key to good investing.
Agreed, amid covid-19 outbreak, I simply adopted the service of a certified financial planner instead of panic, and thankfully, I've accrued nearly $1m ROI after subsequent investments to date, marking my most significant financial milestone
I take guidance from a Montana-based advisor ''Katherine Nance Dietz'' To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did
excellent share, just copied and pasted Katherine Nance Dietz on the internet, spotted her consulting page ranked top and was able to schedule a call session. Ive seen commentaries about advisors but not one looks this phenomenal
Thach, I must say. On behalf of the aspiring Real Estate Investors and millionaires, I thank you for this breakdown. The fact that you give this out for free is even more mindblowing. Thank you once again.
These makes sense. I bought an apartment with good appreciation but when interests goes up the cash flow becomes negative + tax then it's better to sell and find a better deal. I'll apply this in my next project.
When considering keeping a rental, should you consider if you can pay the monthly mortgage with your own income in case the property does not rent immediately? I worry about keeping properties that meet the 25% rule that I can’t afford on a monthly basis with my regular 9-5 income
Really appreciate the video. I am a 21 year old looking to start a solid side hustle in real estate while I focus on my main career. You mentioned the distinction between wholesaling a property, flipping a property, and when to keep a property for long term equity. Both of these things seem like it requires having some prior capital to get going in. As someone who is just starting out with a lower amount of capital (roughly in the mid thousands) what would your recommendation be so I can get the best head start I can start creating the equity I need for wealth in the long term. Would you recommend I try to get some sort of job to create the capital I would need to get started or is there any other things I could leverage to get started. In terms of credit for loans, I have zero debt with good credit and no loans currently. I appreciate your time!
get a job ang find a fixer upper house you can get a traditional mortgage with 5% down. then u can rent out the rooms and possibly use the equity in the future for the next dealwith a heloc or cash out refi
Create active income. If you want to stay in the world of real estate learn how to find deals consistently by wholesaling houses. You can get a lot of capital to invest from doing that.
Great videos I have liked by THACH Please reply THACH which courses or skills should a 14 year old guy can start now to start making money and using those skills in future too Thanks
We are in our mid 50s with a few long-term rental strata properties and now nothing cash flows and makes sense where we live in Vancouver. Do you have coach Canadians?
so sad how he dont have 1 million subscribers already. he deserves 50 million by now
The general population would rather be entertained than educated.
I’m closing in on retirement and I'd love to move from Minnesota to a warmer climate, but home prices seems ridiculous today, do I go ahead with buying a house anyways, or look at other sectors of the market as of now?
consider talking to a well-experienced advisor about which sectors of the market to focus your portfolio on, diversification is actually key to good investing.
Agreed, amid covid-19 outbreak, I simply adopted the service of a certified financial planner instead of panic, and thankfully, I've accrued nearly $1m ROI after subsequent investments to date, marking my most significant financial milestone
@@EShepard- this is great! once you hit a big milestone, the next comes easier.. who is your CFP if you dont mind me asking?
I take guidance from a Montana-based advisor ''Katherine Nance Dietz'' To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did
excellent share, just copied and pasted Katherine Nance Dietz on the internet, spotted her consulting page ranked top and was able to schedule a call session. Ive seen commentaries about advisors but not one looks this phenomenal
Thach, I must say. On behalf of the aspiring Real Estate Investors and millionaires, I thank you for this breakdown.
The fact that you give this out for free is even more mindblowing. Thank you once again.
I am still mindblown. I had to rewatch this several times. This is just beautiful.
When do you do the ARV analysis? After you determine they are motivated?
These makes sense. I bought an apartment with good appreciation but when interests goes up the cash flow becomes negative + tax then it's better to sell and find a better deal. I'll apply this in my next project.
Great explanation and golden knowledge. Thank you!
Excellent breakdown! Thanks for the knowledge 💪🏾 💯!
When considering keeping a rental, should you consider if you can pay the monthly mortgage with your own income in case the property does not rent immediately?
I worry about keeping properties that meet the 25% rule that I can’t afford on a monthly basis with my regular 9-5 income
Great information.. Thank you🙏
He explained it very good appreciate the knowledge
how do you calculate or get the ARV?
Really appreciate the video. I am a 21 year old looking to start a solid side hustle in real estate while I focus on my main career. You mentioned the distinction between wholesaling a property, flipping a property, and when to keep a property for long term equity. Both of these things seem like it requires having some prior capital to get going in.
As someone who is just starting out with a lower amount of capital (roughly in the mid thousands) what would your recommendation be so I can get the best head start I can start creating the equity I need for wealth in the long term.
Would you recommend I try to get some sort of job to create the capital I would need to get started or is there any other things I could leverage to get started.
In terms of credit for loans, I have zero debt with good credit and no loans currently.
I appreciate your time!
get a job ang find a fixer upper house you can get a traditional mortgage with 5% down. then u can rent out the rooms and possibly use the equity in the future for the next dealwith a heloc or cash out refi
Create active income. If you want to stay in the world of real estate learn how to find deals consistently by wholesaling houses. You can get a lot of capital to invest from doing that.
THAT WAS GREAT I LOVE IT ...
Thank you so much!!!
Great videos I have liked by THACH
Please reply THACH which courses or skills should a 14 year old guy can start now to start making money and using those skills in future too
Thanks
We are in our mid 50s with a few long-term rental strata properties and now nothing cash flows and makes sense where we live in Vancouver. Do you have coach Canadians?
Thank you so much 😊
Thanks man
Whoever did your graphics on purchase price, all in, and ARV, they did it wrong @ 1:09
You the best 💪
Should your rental properties be put into an LLC?
He has all his rentals in an LLC