Thank you for watching! :) If you enjoyed this video, you should watch - My Worst Real Estate Investment Deal Ever: th-cam.com/video/4-hnVtPCLms/w-d-xo.html
Jaspreet, another good video! Thank You! I have always wanted to invest in realestate. The position that I am in is that I should have my house paid off in about 2 years. At that point I'll be 30 and I'll have no other debt. How do you feel about me buying another house as my primary residence and then renting my current/old home. How does that change this guide?
As the old saying goes: "The 3 most important things in real estate are: Location, Location and Location." It's better to own the worst house in the best neighborhood than the best house in the worst neighborhood. Very true.
I hate you, but I love you at the same time man. I cut everything out of my life. No youtube payments, no netflix payments, no hulu payments. No out having fun. I am doing everything your telling me, and now I am going to be saving that 2 grand you told me to save ... Then this investment thing..Hoping in the end.. I will be way better out than I was when I started!
in my opinion the best advantage of real estate for average people is the tax advantage, so even if you lose money or break even, you still have that tax advantage that can indirectly boost your returns
Roman Berezutskiy Jaspreet has a video on it, or one which at least touches on it. I believe he says basically that the best thing to do is get an estate agent who will be notified, and therefore notify you when a property becomes available. Then you check it out.
@@justinfreeman4614 Nope. Lol. We just sold our Long Island house and used all the profit and equity to buy a brand new house in Florida. Just in the nick of time too. If I didn't have a family I'd do it again in a second but New York is going to be dog shit for the next 20 years if I had to guess.
@@rb7454 just saw this reply. Not something I got into. Just dumb luck. I was lucky enough to be in a position to buy a home when everyone else wasn't. I made a lot of money on that deal.
Real Estate is one of the best ways to generate wealth. I love your disclaimers because everything seriously will go wrong at least once if you invest, just make sure you leave enough margin in your deal to survive the unknowns! Great video!
LMFAO "Random person on you tube", your honesty, transparency, and disclaimers are the icing on the information cake that you provide for us. Keep up the great work.
jason burciaga yea he does a good job of letting people know disclaimers. You can’t cover every issue risk pitfall in one video so it’s good he does that!
Just an FYI (speaking from experience) Investing in single family homes are NOT going to move the needle in terms of changing your financial life. You need to focus on commercial multifamily (5+ units) if you want to start seeing any significant lifestyle change.
Agreed. I live in the Midwest and you can buy houses here for $35k that rent for $850/month. What happens when X, Y, and Z breaks? There goes X months of profit. Too much headache, too little return.
What the fuck, i cant find a house at less than 400k usd here in norway, 850 on 35 000 doesnt seem bad at all, when x y and z breaks, take it from tenant depositum lol
Yes this is so true , just bought my 6th house and keep buying a new property every time I build enough from my passive income I get another one. It’s getting tougher nowadays as prices are going up and too many buyers out there outbidding for asking price. Just do you homework and you will find a home that will give you enough passive income to make profits. And I do all the remodel myself when I buy a new property and get ready for rental, it pays off because you end up getting more people interested in renting out your property in a much nicer home.
"Real Estate isn't just a numbers game - it's a people game too" -- Couldn't be more true! Love this video and your explanation of real estate investment. One of my favorite parts about being a real estate agent is teaching my clients how buying a home or investment property works and how to make the best investment for their life.
I really like your videos. I am a Hustler and really want to get more into real estate. I need a mentor to help me do this step by step. I have my own business and I do Uber. I work for myself and have been doing it for 4 years now. Please give step by step I want to give my 5 children a better life
Fix ur credit score to get the best rate - if your military u may not need it credit score depending on the type o loan, depending on ur situation u can qualify for other type of loans loans that will give u the upper hand , shop around for good lenders and agents that are honest and doesn’t charge u with too many fees - keep the cost low ! Once u know the numbers that’s fair shop around online - if you have money saved up for downpayment usually 20% of the homes price and that is why u need to find a best deal on the home u want at the price u can afford make sure u have a cushion of extra money for closing cost - 100,000 to 200,000 home. 1500 to 3000 is a good price anything above 5000 that lender is overcharging u find another lender
Your sense of humor is amazing and real. A lot of youtubers seem fake and I trust you. I’ll try to give my videos some humor too. I make finance videos as well
This video is amazing it’s sooooo true your words are powerful because your talking reality and not bullshit and your being honest about the industry instead of showing fake figures on paper.
Ive seen ads all over on how to flip homes with out using your own money. They even have seminars for this system(than merrill ) Can you make a video breaking this system down on the pros and cons and if its even real and not a scam?
Stephen Curry I don't have the big money for real estate right now but I invest through my jobs 401k and individual stock purchase and I have a stash account.
Nice Video. I live in St.Louis bought two houses a year ago around the corner from each other. Bought the first straight cash the second with half cash half loan from the bank. Found good tenants and plan on paying it off in 2yrs...
Real estate is where the money is at I made 120k last year slaving at my job however my investment properties combined appreciated 87k also in the same year!!!
I think the fluctuation in the USA regarding rent is much higher then in the Netherlands. We alsmost never go down in rent, really: never! So when u buy a property you can find out what a good rent price is. When u dont over charge u might lose one monthe every 3 years due to changing persons who rents. The biggest problem here is the financing of properties, its really hard.. still trying to figure out the best way. Thanks for sharing the vid!
I am definitely interested in investing in real estate. It's just coming up with the cash to do it is our issue. We purchased our home three years ago and while we love our home - it seems impossible to get to a point to get to a point we can invest in real estate
I want to start real estate investing but still working on the capital and learning how to use debt. Fundrise is a good model but it only caters to people living in the United states.
I just got an ad for Fundrise like two days ago...thank you for your recommendation! I'll be sure to consult a tax advisor and financial advisor one of these days.
Bald Head Jamaican I agree. My husband and I have wanted to invest in real estate for some time now and just decided to do only beach front condos. It's a better fit for us and our goals. We're excited to get started.
If you want to invest in new york, because the prices are going up, but i do not have money to afford that. So can you make a video which helps us to how to find investors, and the right investors. Thank you
Would love to hear more on a economic crash you see happening. I have been saving for years waiting for the market dip, so any new information you have on it, is good news for me.
I'm a 19 year old and have my own online business which has allowed me to save up around $30k and I was looking to invest it into real estate. Problem is, I live in Southern California where prices of homes are super high and some people here are recommending commercial multifamily units but how can I afford that with 30k?
Hello Jaspreet, thanks for the great content. Can you maje a video on how Fundrise works? And how can we make money on it (interest, dividends, etc) Thanks
I do want to invest into real estate but there is still soooooo much i dont know and as i keep looking for information my questions grow more and very few are answered
Great work that you are doing bro!! I really enjoyed learning from the videos and I also like to learn about money and building an income for myself which would provide me freedom to do what I want. Keep up with the good work.
I’d like to learn how do you start doing some real estate investing in just getting better in my life in a better place for retirement, I stumbled upon this TH-cam channel actually kind of really like it, keep up the good work
I'm trying. I got my LLC and EIN but the monetary barriers to entry are high so I'm bulding my and my businesses credit and seeing how I can limp in by leveraging my own home equity.
I live in Los Angeles and the cost to enter the market here is astronomical. Not too comfortable investing someplace else that I don’t know and don’t have easy access to. Advice?
I would love to invest in real estate but I don’t know how much money I need to start. Also in videos when you talk about saving money outside of the 6 month emergency savings being bad I feel like I’m trying to hoard money.
Back in 2011 my parent found a property right under $63k in a terrible area. Since Los Angeles Real Estate was great around that time in which I heard it’s now over 6x as much in a shit area. I’m very interested in Real Estate Investing more so than other things and very young. What books are recommended?
Loan / mortgage on investment homes ? Getting started cheap ? Live in an fix up for a year an leave it to rent ? Good video as always buddy also motivated me with your Saturday’s giving time to others! Keep it up
Im super, very interested in Fundrise was wondering if you would share your opinion on how its been since starting the investment. Thankyou. Love the content and the comedic methods of criticism people decisions. Etc etc.
I became interested in real estate investing after reading Rich Dad, Poor Dad (like a lot of people) and I watched a couple of your videos. I have yet to make a move though because I want a bit more information before going in (and a bit more money). I'll make sure to take a look at Fundrise in the mean time. :) I already have stocks so I'm a bit more familiar with the notion of risk it involves lol
Although you do state you are not an accountant, I think it is important to note the downside to depreciation, considering you mentioned its positives (re tax purposes). Any depreciation claimed for tax purposes reduces the "cost base" of the investment property. This means, say you bought a property for 400k, and over 5 yrs claimed 50k worth of depreciation. The new "cost base" is 350k. Now say you sell this property for 600k. In calculating the capital gains tax applicable, it is the sale price minus the cost base = 250k. Therefore there is that additional 50k you now need to pay tax on, which, has the potential to far exceed the previous money saved via tax deductions due to marginal tax rates + the lump sum within one financial year (the percentage of tax you pay increases with your amount of taxable income, therefore as you are adding a massive sum of 250k within a year (less any capital gain deductions) you may/are likely to be paying tax in a higher tax bracket compared with when the depreciation deductions were taken). Anyways, point of this comment is it may be advisable to note the negatives of such depreciation if you mention the positives. Besides that, great video, keep it up . :) Marcus
Great video brother, it’s a lots of help to know Before someone can make his/her mind set to start investing in real estate. As a beginning this would be a great help to me. As I am Looking to start one soon.
Bro I'm sorry to burst your bubble but Fundrise is out of reach for those only wanting to invest since one of the criteria is to be an "accredited" investor, i.e. a Warren Buffet type and not for a beginner
I love your impression of the GURU instructors!!! Holy smokes youre right, networking has led to more knowledge and deals for me than virtually anything else! - I like that you used a real world example (cvs) to explain how important the location is! - Also, gnarly beard!
Have you made any videos on tax scenarios and outcomes . I feel like that may make a good video. And thank you for another great video Your subscriber have a blessed day.
Great Info, and when you just get started of - don't get all the Guys you just mentioned: Property Manager, Real Estate Agent, Contractor. Property Managing is easy done with online software, Contractors licenses are cheap and not that hard to study for. Also you can find great deals without a Realtor.
Great info, I do have a quick question for you if you don’t mind answering. If you own a rental property with great tenants and if the market crash. Should you hold on to the property even tho the value drop? Tenants are still living and paying rent on time. Rents usually don’t go down but rather always going up. I hope this make sense. Thanks!
Nor Cal Hobie Fishing Adventures - If you have reliable tenants that are paying, and rents normally stay the same or increase... why would you want to sell when the housing market was down? That seems a costly consideration. I'm sure there are certain times when you'd want to consider it vs losing money long term, like if it were in a questionable area and your tenants had told you they were moving etc. Risk vs reward. If the property is stable and providing income I'd keep it baring any other hugely negative considerations. I know I'm not Jaspreet, but hopefully this way of thinking can help you make the right decision.
Very informative, although If I am able to do this, I would have to do it remotely as investment property in my area is not close to 100k. Detroit or Cleveland maybe?
Thank you for watching! :) If you enjoyed this video, you should watch - My Worst Real Estate Investment Deal Ever: th-cam.com/video/4-hnVtPCLms/w-d-xo.html
Always providing value gotta respect that brotha! Ps. we need a hair reveal!!!
Unfortunately they don’t accept investments from residents in the U.K 😭
Minority Mindset Always a joy watching your videos Jaspreet
Jaspreet, another good video! Thank You!
I have always wanted to invest in realestate. The position that I am in is that I should have my house paid off in about 2 years. At that point I'll be 30 and I'll have no other debt.
How do you feel about me buying another house as my primary residence and then renting my current/old home. How does that change this guide?
Excellent video !
As the old saying goes: "The 3 most important things in real estate are: Location, Location and Location." It's better to own the worst house in the best neighborhood than the best house in the worst neighborhood. Very true.
The more salient but less known saying in real estate is "price is everything". Location is always going to be secondary to that...
@@Vicarium You get what you pay for.
I hate you, but I love you at the same time man. I cut everything out of my life. No youtube payments, no netflix payments, no hulu payments. No out having fun. I am doing everything your telling me, and now I am going to be saving that 2 grand you told me to save ... Then this investment thing..Hoping in the end.. I will be way better out than I was when I started!
If you live like others dont then one day youll live like others wish to
you will stay focused
in my opinion the best advantage of real estate for average people is the tax advantage, so even if you lose money or break even, you still have that tax advantage that can indirectly boost your returns
good point
I bought my house as a forclosure in 2013. I wish I bought 10 more. The housing market was way down.
Andrew Attard how do you get started in buying foreclosed homes?
Roman Berezutskiy Jaspreet has a video on it, or one which at least touches on it.
I believe he says basically that the best thing to do is get an estate agent who will be notified, and therefore notify you when a property becomes available. Then you check it out.
Ready for Round 2 my man?!?!
@@justinfreeman4614 Nope. Lol. We just sold our Long Island house and used all the profit and equity to buy a brand new house in Florida. Just in the nick of time too. If I didn't have a family I'd do it again in a second but New York is going to be dog shit for the next 20 years if I had to guess.
@@rb7454 just saw this reply. Not something I got into. Just dumb luck. I was lucky enough to be in a position to buy a home when everyone else wasn't. I made a lot of money on that deal.
Real Estate is one of the best ways to generate wealth. I love your disclaimers because everything seriously will go wrong at least once if you invest, just make sure you leave enough margin in your deal to survive the unknowns! Great video!
LMFAO "Random person on you tube", your honesty, transparency, and disclaimers are the icing on the information cake that you provide for us. Keep up the great work.
jason burciaga yea he does a good job of letting people know disclaimers. You can’t cover every issue risk pitfall in one video so it’s good he does that!
Just an FYI (speaking from experience) Investing in single family homes are NOT going to move the needle in terms of changing your financial life. You need to focus on commercial multifamily (5+ units) if you want to start seeing any significant lifestyle change.
WhiteBoard Finance i mostly agree but i believe that also depends on your location.
And what if it don't sale???
Agreed. I live in the Midwest and you can buy houses here for $35k that rent for $850/month. What happens when X, Y, and Z breaks? There goes X months of profit. Too much headache, too little return.
You need to start somewhere though. Then maybe do a 1031 exchange
What the fuck, i cant find a house at less than 400k usd here in norway, 850 on 35 000 doesnt seem bad at all, when x y and z breaks, take it from tenant depositum lol
I flipped my first house at 19 years of age...real state is good if you learn how to control and invest your money....
True
Sounds great! How did you get started?
Luis Martinez right
Yes this is so true , just bought my 6th house and keep buying a new property every time I build enough from my passive income I get another one. It’s getting tougher nowadays as prices are going up and too many buyers out there outbidding for asking price. Just do you homework and you will find a home that will give you enough passive income to make profits. And I do all the remodel myself when I buy a new property and get ready for rental, it pays off because you end up getting more people interested in renting out your property in a much nicer home.
"Real Estate isn't just a numbers game - it's a people game too" -- Couldn't be more true! Love this video and your explanation of real estate investment. One of my favorite parts about being a real estate agent is teaching my clients how buying a home or investment property works and how to make the best investment for their life.
One of the Top Channels on TH-cam!!! Thanks for your videos!
One of my favorite TH-cam channels .. keep up the good work monitory mindset 👍🏼
I really like your videos. I am a Hustler and really want to get more into real estate. I need a mentor to help me do this step by step. I have my own business and I do Uber. I work for myself and have been doing it for 4 years now. Please give step by step I want to give my 5 children a better life
Fix ur credit score to get the best rate - if your military u may not need it credit score depending on the type o loan, depending on ur situation u can qualify for other type of loans loans that will give u the upper hand , shop around for good lenders and agents that are honest and doesn’t charge u with too many fees - keep the cost low ! Once u know the numbers that’s fair shop around online - if you have money saved up for downpayment usually 20% of the homes price and that is why u need to find a best deal on the home u want at the price u can afford make sure u have a cushion of extra money for closing cost - 100,000 to 200,000 home. 1500 to 3000 is a good price anything above 5000 that lender is overcharging u find another lender
The Information is perfect. Thank you
Glad you enjoy it :)
Your sense of humor is amazing and real. A lot of youtubers seem fake and I trust you. I’ll try to give my videos some humor too. I make finance videos as well
☝️ I agree
@@MinorityMindset we like this “random guy on youtube”✅
Im a builder and i build investment properties wholesale price. Then rent it as postive gearing.
This video is amazing it’s sooooo true your words are powerful because your talking reality and not bullshit and your being honest about the industry instead of showing fake figures on paper.
Ive seen ads all over on how to flip homes with out using your own money. They even have seminars for this system(than merrill ) Can you make a video breaking this system down on the pros and cons and if its even real and not a scam?
I been wanting to get into real estate investing I just don't have the capital yet. But I am investing in stocks & funds right now
Omar Johnson How can you invest without capital?
Stephen Curry I don't have the big money for real estate right now but I invest through my jobs 401k and individual stock purchase and I have a stash account.
Nice Video. I live in St.Louis bought two houses a year ago around the corner from each other. Bought the first straight cash the second with half cash half loan from the bank. Found good tenants and plan on paying it off in 2yrs...
Thank you for never sugarcoating the information...it is a true sign of a great teacher!
We are going to go for it. You take chances with everything, life, food, friends, relationships.Hey why not real estate!🤩
Real estate is where the money is at I made 120k last year slaving at my job however my investment properties combined appreciated 87k also in the same year!!!
i live on long island and property rates here only seem to be increasing with value and insurance is definitely a must have for owners everywhere
I think the fluctuation in the USA regarding rent is much higher then in the Netherlands. We alsmost never go down in rent, really: never! So when u buy a property you can find out what a good rent price is. When u dont over charge u might lose one monthe every 3 years due to changing persons who rents.
The biggest problem here is the financing of properties, its really hard.. still trying to figure out the best way.
Thanks for sharing the vid!
Your channel is so inspiring I watch every video ❤️ keep doing great things for the world of finance !
Was waiting for the description BELOW!!
Im now interested...lets see how this changes my life.
Get it bro! Just be patient and don't rush!
How has it changed your life now?
Please do more on rental properties. I want to do this and live of the rents of 10 - 20 units
I am definitely interested in investing in real estate. It's just coming up with the cash to do it is our issue. We purchased our home three years ago and while we love our home - it seems impossible to get to a point to get to a point we can invest in real estate
I want to start real estate investing but still working on the capital and learning how to use debt. Fundrise is a good model but it only caters to people living in the United states.
What's the best way to get your foot in the real estate door?
First time viewer. Video was full of great information and not too long of a video. Perfect advice. Thank you!
I just got an ad for Fundrise like two days ago...thank you for your recommendation! I'll be sure to consult a tax advisor and financial advisor one of these days.
Great video and super valuable. Thanks Jaspreet!
I've been looking at Fundrise, and been waiting for you to mention it. So with that said, gotta get my money to hustle for me.
How about a video on ratio of millionaires created per type of investment vehicle used? Love this channel 💖
thanks for the information
Always enjoy your message. You have great delivery.
Random person on youtube (points to self). Down to earth and hilarious, sir!
love this video and the honesty
Is Fundrise only for US citizens? Or can you be from UK and still invest?
Another good investment tip is owning beach front condos.
Bald Head Jamaican I agree. My husband and I have wanted to invest in real estate for some time now and just decided to do only beach front condos. It's a better fit for us and our goals. We're excited to get started.
phenomenalboo That's good get them while their cheap.
Good idea, for summers only or all year round?
If you want to invest in new york, because the prices are going up, but i do not have money to afford that. So can you make a video which helps us to how to find investors, and the right investors. Thank you
Would love to hear more on a economic crash you see happening. I have been saving for years waiting for the market dip, so any new information you have on it, is good news for me.
Hey Jaspreet make video on Amazon FBA and drop shipping
Thats bs
Real estate is the way to go in my opinion
I just open an account with Fundraise haven't invest as yet.
I'm a 19 year old and have my own online business which has allowed me to save up around $30k and I was looking to invest it into real estate. Problem is, I live in Southern California where prices of homes are super high and some people here are recommending commercial multifamily units but how can I afford that with 30k?
Hello Jaspreet, thanks for the great content.
Can you maje a video on how Fundrise works?
And how can we make money on it (interest, dividends, etc)
Thanks
Can you do a video or link to a video on how you do your research? Like how you found out that shopping center was getting built on the east side?
I do want to invest into real estate but there is still soooooo much i dont know and as i keep looking for information my questions grow more and very few are answered
Thanks random person on TH-cam
Great work that you are doing bro!! I really enjoyed learning from the videos and I also like to learn about money and building an income for myself which would provide me freedom to do what I want. Keep up with the good work.
"Random person on TH-cam". LOVE IT! I'd like to buy real eastate but it is to expensive were I live.
thank you for this video JASPREET
I’d like to learn how do you start doing some real estate investing in just getting better in my life in a better place for retirement, I stumbled upon this TH-cam channel actually kind of really like it, keep up the good work
I'm trying. I got my LLC and EIN but the monetary barriers to entry are high so I'm bulding my and my businesses credit and seeing how I can limp in by leveraging my own home equity.
Fundrise has been good to me
I live in Los Angeles and the cost to enter the market here is astronomical. Not too comfortable investing someplace else that I don’t know and don’t have easy access to. Advice?
Jaspreet! (It's fun to say)
I would love to invest in real estate but I don’t know how much money I need to start. Also in videos when you talk about saving money outside of the 6 month emergency savings being bad I feel like I’m trying to hoard money.
I am a 13 year old and I really want to become a realtor and I am very professional and organized and good with math
I'm just going to wait until next year
Back in 2011 my parent found a property right under $63k in a terrible area.
Since Los Angeles Real Estate was great around that time in which I heard it’s now over 6x as much in a shit area.
I’m very interested in Real Estate Investing more so than other things and very young.
What books are recommended?
Loan / mortgage on investment homes ? Getting started cheap ? Live in an fix up for a year an leave it to rent ? Good video as always buddy also motivated me with your Saturday’s giving time to others! Keep it up
Thoughts on using equity to buy a rental property, please.
Im super, very interested in Fundrise was wondering if you would share your opinion on how its been since starting the investment. Thankyou. Love the content and the comedic methods of criticism people decisions. Etc etc.
I became interested in real estate investing after reading Rich Dad, Poor Dad (like a lot of people) and I watched a couple of your videos. I have yet to make a move though because I want a bit more information before going in (and a bit more money). I'll make sure to take a look at Fundrise in the mean time. :) I already have stocks so I'm a bit more familiar with the notion of risk it involves lol
Now start reading go dad stop dad
Thanks for sharing your expertise.
In India unless you actually sell the property, the rental income is limited compared to the price you put to own the property.
I have to stop watching your awesome videos before bedtime. I can't just watch one! :)
Hey bro is there a simple answer to the question is it better to flip property or rent property ????
Although you do state you are not an accountant, I think it is important to note the downside to depreciation, considering you mentioned its positives (re tax purposes). Any depreciation claimed for tax purposes reduces the "cost base" of the investment property. This means, say you bought a property for 400k, and over 5 yrs claimed 50k worth of depreciation. The new "cost base" is 350k. Now say you sell this property for 600k. In calculating the capital gains tax applicable, it is the sale price minus the cost base = 250k. Therefore there is that additional 50k you now need to pay tax on, which, has the potential to far exceed the previous money saved via tax deductions due to marginal tax rates + the lump sum within one financial year (the percentage of tax you pay increases with your amount of taxable income, therefore as you are adding a massive sum of 250k within a year (less any capital gain deductions) you may/are likely to be paying tax in a higher tax bracket compared with when the depreciation deductions were taken). Anyways, point of this comment is it may be advisable to note the negatives of such depreciation if you mention the positives. Besides that, great video, keep it up . :)
Marcus
1031 exchange removes this
Is there a website like Fundrise for people outside of the USA? like say in Australia? Which is where I'm from.
Great video brother, it’s a lots of help to know Before someone can make his/her mind set to start investing in real estate. As a beginning this would be a great help to me. As I am Looking to start one soon.
All good! your hummus like a comedian...👍
Educational thank you :)
Real estate the best passive income
Bro I'm sorry to burst your bubble but Fundrise is out of reach for those only wanting to invest since one of the criteria is to be an "accredited" investor, i.e. a Warren Buffet type and not for a beginner
I love your impression of the GURU instructors!!! Holy smokes youre right, networking has led to more knowledge and deals for me than virtually anything else!
-
I like that you used a real world example (cvs) to explain how important the location is!
-
Also, gnarly beard!
Best advice on TH-cam
How do feel about owners financing to getting started?
Do you pay off your properties as you grow your rental business?
And again some great info Thanks bro
Thank you 💪💪💪
What a nice channel. Congrats!!!
I love you bro, you're awesome! Keep it going!
Just found your videos.. Great jon and thanks for the content.....
I as the first viewer can always see that you like your own video every time xD
KrisisTV I do the same thing ;)
Honest Finance yeah, but he doesn´t need that extra like does he? :DD
should I take real estate classes to learn more or is it a waste of time?
Just read books
Have you made any videos on tax scenarios and outcomes .
I feel like that may make a good video.
And thank you for another great video
Your subscriber have a blessed day.
I was cash short last bust, now my money sits in the bank making zip! But, I'm ready for the slightest decline, a bust seems probable too!
Jlina A
I think you maybe be waiting for a long time....
Thanks man. This video was Sihk
Really appreciate all your videos .. wouldve loved to invest in fundrise but it only operates for us citizens 😔
Great Info, and when you just get started of - don't get all the Guys you just mentioned: Property Manager, Real Estate Agent, Contractor. Property Managing is easy done with online software, Contractors licenses are cheap and not that hard to study for. Also you can find great deals without a Realtor.
Great videos!
Very nice and professional i liked
Can u suggest real estate investing books for begginers?
Investing in Real Estate for Dummies
Great info, I do have a quick question for you if you don’t mind answering. If you own a rental property with great tenants and if the market crash. Should you hold on to the property even tho the value drop? Tenants are still living and paying rent on time. Rents usually don’t go down but rather always going up. I hope this make sense. Thanks!
I’d keep. You only would lose when you’d go to sell. That’s why you always buy cashflowing properties
Nor Cal Hobie Fishing Adventures - If you have reliable tenants that are paying, and rents normally stay the same or increase... why would you want to sell when the housing market was down? That seems a costly consideration. I'm sure there are certain times when you'd want to consider it vs losing money long term, like if it were in a questionable area and your tenants had told you they were moving etc. Risk vs reward. If the property is stable and providing income I'd keep it baring any other hugely negative considerations.
I know I'm not Jaspreet, but hopefully this way of thinking can help you make the right decision.
Why sell when the price has crashed? Just keep hold of it. It's often swings and roundabouts.
Very informative, although If I am able to do this, I would have to do it remotely as investment property in my area is not close to 100k. Detroit or Cleveland maybe?