SO correct Buying is cheaper than Renting! 26 years ago, living in the city and finding rent prices sky-rocketing, we were on the search for lower cost rent and scored a small 2 bedroom for almost half the price of everything else... For the next 4 years we saved and paid off bills and scored a property for our current home... At first my husband was complaining about the $300 per month increase, but in just a few short years the small apartment we had lived in before caught up to EQUAL our Mortgage payment... Now that our mortgage is paid off, that same apartment rents for double what our last mortgage payment was... We are WAY ahead just on a personal basis! No more monthly payments and we have the Freedom of Country living with several acres of property ... a huge garden, barn, and sheds provide for enjoyable lifestyle.
Hey Scott! I've been watching your Income property shows since the beginning! Your shows were probably my favorite of the home improvement shows. I've always loved real estate but was too busy with "life" to realize that I should have been investing all along. :) But i'm finally here, back in the driver seat of my real estate venture. I now have three properties and am working on my fourth. Thank you so much for all your inspiration over the years. I have been training my mindset and nothing can stop me now. Thanks again!
Great content Scott! question: at what point is recommended to transfer from individual to a company when buying properties? And how does one go about it?
Love your silliness on vacation house rules. Thank you for being a mentor for me. I have watched these shows over and over and have written down tips. Thank you for the push and great advice.
This content is a hidden gem. So under rated omg. To make it big in Canada means you're 10x an American. I swear it's so hard here to get capital from the banks
Awesome podcast. Have you ever gotten the question, what if I’m not a handyman, or know how to fix things, should I still own? I would have higher cost to find people to fix items.
Thanks so much!! I learned a lot. I already paid fully one lot in my coutry for 10 years, now i¨m buying a new one near the city. I haven´t started with buliding the house yet, but I want it to be an income property. So, With your podcast I think will be my start of something.
Hi I appreciate your candor and the information you share. How do you find the properties. Or maybe what I mean is what are the resources/sites someone might use, other than Zillow,to locate properties?
Not true in Silicon Valley. It costs more to buy a house than to rent. I can get $900 for my room or $3500 for my income property. The average price of 2 bedroom condo is over $800,000. It is $4,500 for tax, mortgage and insurance a month. And you rent out the place for $3,500. That puts you $1,000 in a hole. And the principle goes down by $500 a month. Unless the price of the condo goes up by $6,000 a year, you are in a hole all the way.
![Calculating Numbers on a Rental Property [Using The Four Square Method!]](http://i.ytimg.com/vi/T_7vhsSBi7c/mqdefault.jpg)
SO correct Buying is cheaper than Renting! 26 years ago, living in the city and finding rent prices sky-rocketing, we were on the search for lower cost rent and scored a small 2 bedroom for almost half the price of everything else... For the next 4 years we saved and paid off bills and scored a property for our current home... At first my husband was complaining about the $300 per month increase, but in just a few short years the small apartment we had lived in before caught up to EQUAL our Mortgage payment... Now that our mortgage is paid off, that same apartment rents for double what our last mortgage payment was... We are WAY ahead just on a personal basis! No more monthly payments and we have the Freedom of Country living with several acres of property ... a huge garden, barn, and sheds provide for enjoyable lifestyle.
Hey Scott! I've been watching your Income property shows since the beginning! Your shows were probably my favorite of the home improvement shows. I've always loved real estate but was too busy with "life" to realize that I should have been investing all along. :) But i'm finally here, back in the driver seat of my real estate venture. I now have three properties and am working on my fourth. Thank you so much for all your inspiration over the years. I have been training my mindset and nothing can stop me now. Thanks again!
Great content Scott! question: at what point is recommended to transfer from individual to a company when buying properties? And how does one go about it?
Love your silliness on vacation house rules. Thank you for being a mentor for me. I have watched these shows over and over and have written down tips. Thank you for the push and great advice.
I needed this - perfect timing. Thanks Scott!!
This content is a hidden gem. So under rated omg. To make it big in Canada means you're 10x an American. I swear it's so hard here to get capital from the banks
Big value. Thanks brother 👍
How do you look for private investors or investors at all??
So helpful. I enjoyed your natural approach.
Thank you for making this! Great content!
what do you think of blackrock?
Awesome podcast. Have you ever gotten the question, what if I’m not a handyman, or know how to fix things, should I still own? I would have higher cost to find people to fix items.
Thanks so much!! I learned a lot. I already paid fully one lot in my coutry for 10 years, now i¨m buying a new one near the city. I haven´t started with buliding the house yet, but I want it to be an income property. So, With your podcast I think will be my start of something.
Hi I appreciate your candor and the information you share. How do you find the properties. Or maybe what I mean is what are the resources/sites someone might use, other than Zillow,to locate properties?
Interesting & great tips! Thank you👍😀 do you recommend apartment or single family homes to start as income property??
scooott...so glad to see u on yt!!! great vid thanks! working on re lic for ga and i intend on using to build my re inv
portfolio...
Thanks so much! Great information!
Great information. Thank you!
Thank you so much
OMG Scott has a beard ! I am scared now !
Not true in Silicon Valley. It costs more to buy a house than to rent. I can get $900 for my room or $3500 for my income property. The average price of 2 bedroom condo is over $800,000. It is $4,500 for tax, mortgage and insurance a month. And you rent out the place for $3,500. That puts you $1,000 in a hole. And the principle goes down by $500 a month. Unless the price of the condo goes up by $6,000 a year, you are in a hole all the way.
Hi
Scott yuk on the beard.
Is this Drew Scott? Are you his twin?
❤️❤️
25:00
En espol latino por favor....DIOS E BENDITA ......
Not digging the beard so much dude!