Man I learned a lot from this one, I feel like a lot of other people would definitely be charging a lot of money for the information you're giving out freely, just shows how big of a heart you have brother, I admire that.
Appreciate the transparency and inspiration. New investors here , less than 5 doors watching this video and all of your content is real inspirational 🙏🏾
Best video you've done thus far. No recycled clips, no dj lizzy, no craig lucas, and no floyd mayweather.. just spitting facts and keeping it honest. Nice job!
I too net 12K from my properties, but mine are sold via owner finance. The bad thing is that they are getting paid down and the income will dry up in 15 to 20 years. The good thing is that it is true net income. I don’t have any vacancies, repairs, insurance costs, or property tax expenses. Thanks for sharing. Very inspirational! I also net another 13K a month from a convenience store I own. I would like to buy a super car one day, but can’t justify at my income. I am married with two teenagers so I might spend more on a monthly basis with a high schooler and a daughter in college.
Teaching everyone. 🎉 Most dont understood the knowledge you are dropping. The ones who get it appreciate the transparency, the others who dont and are just here with the negativity i can guarantee in 5 years they will be in the same place. Thanks Will for the Motivation 🎉 #entrepreneur #realestateinvestor #realproperty #7streamsofincome ❤
Great video! I had 3 doors ,1 single family house and a duplex. The duplex netted some good cash flow, but it was in a problematic area. On top of that I had my first experience doing an eviction because the tenant stop paying rent. My wife and I ended up selling that duplex. By the way nice car!
For anyone interested. And the bigger the property it could be a few expenses added: Gross Income -Vacancy =Effective Gross Income - Taxes - Insurance - utility - maintenance - management - licenses = Net Operating Income - Debt service = Cash Flow
I appreciate your behind the scenes candidness, my man, and not just out here being a flossing moonboy, keep that realness, and God will keep blessing 👍
I am already doing this BUT if you starting now and make it big You owe this channel some $$$$$ bc Will is teaching you and giving you the key of success and its up to you what do with it!!!!!! I would add Buy low, fix it right and try to sell high!!!!
Great video and explanation! I find that my job makes it too difficult to have time to flip properties. I’ve found that buying, rehabbing, and holding & remaining a landlord has been a great way to both cash slow and grow wealth. From time to time pay lump sums into your debt service to bring down the principal as interest rates rise. My only issue is that property values are now kinda high where I typically invest (Chicago) so I haven’t found a good deal in a long time. Raising rents is another way to keep the cash flowing, as long as you don’t invest in an area that has harsh rent control laws. I might make my own video, but I really appreciate you sharing your business strategy here!
What’s your cash-flow per door good brother. You should used the proceed from your flips to pay off one of your rental units per year. Did you used the BRRR method to scale your portfolio.
Great video and investment approach. Gave me an idea for my next video 😊 As a landlord and Investor myself, you definitely are doing it right .In my opinion .
I just buy 2024 s3 premium plus ,I have Audi Etron 22 and Porsche cayman 2016 try to get rs3 after 2 Years follow your channel I keep up ,Thankyou my face book Tony vo
I’m 29 and have one rental property but not sure where to go next. I’ve been mostly just piling all my extra money into the S&P 500. You should do a vid about your stock investments
What you don’t realize is that the cars I buy usually don’t lose much value so I still have most of the money it’s just not making any interest. But definitely part of my net worth.
Nothing beats paper assets bro. Real Estate is good too but it’s really the most lucrative ideally for folks that are already rich. If you are building wealth, you really want to focus more on assets that are less financially burdening as much possible. You can’t go wrong with paper assets in this regard. Literally no overhead, way less headache, and way more take home income. You should consider what’s called Covered Call ETFs within the Stock Market. I would build wealth first with intangible assets and then use that money to go hard in tangible assets like real estate to sustain yourself financially from the money you made from the stock market. There’s a reason why the stock market is statistically #1 for creating the most millionaires compared to any other asset there is. It even beats crypto. It’s stocks #1, Real Estate #2, then crypto #3. Just my 2 cents 👍
The problem in real estate now 2024-2025 is that the interest rates and home cost are so high that the monthly payments are crazy. Purchasing a home at retail and trying to rent it out is a No Go. If going the Auction or Preforclosure route u would have to have the cash to close Deals. Borrowing money is very expensive Today. Not sure if investing in RealEstate TODAY is still possible and profitable.
You are right it’s a different climate now. But the opportunity is here but more important where you invest and then the strategy. It’s a better time to flip rather than buy and hold.
Will has literally dropped financial jewels and showed yall the numbers over the years… what you do with this up to you. Literally mimicking what he has done has changed my life for the better. Let me summarize what he’s preaching. 1.) get a high earning primary income (but not always necessary) 2.) invest in a side hustle or business. 3.) take your money and invest in passive income 4.) let the income generating assets pay for the depreciating assets (toys)
Man I learned a lot from this one, I feel like a lot of other people would definitely be charging a lot of money for the information you're giving out freely, just shows how big of a heart you have brother, I admire that.
Glad it was helpful! Just wanting to give some ideas for people
Appreciate the transparency and inspiration. New investors here , less than 5 doors watching this video and all of your content is real inspirational 🙏🏾
Best video you've done thus far. No recycled clips, no dj lizzy, no craig lucas, and no floyd mayweather.. just spitting facts and keeping it honest. Nice job!
😂😂 dj lizzy!
The Floyd shout-out is dope though.
Agreed.
I’m not really into the real estate game but I do like cars! I think you are a great spirit.. thanks for sharing when you really didn’t have to!
I usually never comment on videos but this was a gem Will, I appreciate it.
I too net 12K from my properties, but mine are sold via owner finance. The bad thing is that they are getting paid down and the income will dry up in 15 to 20 years. The good thing is that it is true net income. I don’t have any vacancies, repairs, insurance costs, or property tax expenses.
Thanks for sharing. Very inspirational!
I also net another 13K a month from a convenience store I own. I would like to buy a super car one day, but can’t justify at my income. I am married with two teenagers so I might spend more on a monthly basis with a high schooler and a daughter in college.
Don’t wast money on college build them a business you basically know already college is robbery
Good stuff bro keep growing
Congrats on your success. Appreciate all the knowledge you pass on
Thanks for watching bro
This is great knowledge man. I am trying to school myself on the real estate game as well but you dropping gems so its much appreciated.
1st Comment. Keep up the good work👍🏾
Spittin game 🔥
By far, your best video.👍
Will great video. Appreciate your transparency
Good information, thanks Will.
that lambo hard fr...mindset is even better. Im just trynna own a gtr r35 within the next 10 years
No one doing it like this. Much appreciated Will!
Thanks for the transparency Will 🙌🏽
Always!
Teaching everyone. 🎉 Most dont understood the knowledge you are dropping. The ones who get it appreciate the transparency, the others who dont and are just here with the negativity i can guarantee in 5 years they will be in the same place. Thanks Will for the Motivation 🎉 #entrepreneur #realestateinvestor #realproperty #7streamsofincome ❤
Great information my brother.. you are dropping good points to inspired most of us .. knowledge is power and thanks for sharing.
My pleasure
Great info, I am getting in the real estate game and this was very helpful.
Well done my brother I appercatie you nuff
Bro I absolutely LOVE how you keep it 💯
I'M PROUD OF YOU!!!!
I appreciate that. Trying to provide some value
Great video! I had 3 doors ,1 single family house and a duplex. The duplex netted some good cash flow, but it was in a problematic area. On top of that I had my first experience doing an eviction because the tenant stop paying rent. My wife and I ended up selling that duplex. By the way nice car!
Thanks for this Will 👍🏾✨
For anyone interested. And the bigger the property it could be a few expenses added:
Gross Income
-Vacancy
=Effective Gross Income
- Taxes
- Insurance
- utility
- maintenance
- management
- licenses
= Net Operating Income
- Debt service
= Cash Flow
Thanks for this video will how you feel about Detroit real estate market. I’m a viewer from Michigan
Will motivation !!! Dropping gems ✊🏾
I appreciate your behind the scenes candidness, my man, and not just out here being a flossing moonboy, keep that realness, and God will keep blessing 👍
Good info bro I’ve been watching ur content for a while now , I my self hope to be living that life soon keep up the good work
Love the content Will, keep it coming.
I am already doing this BUT if you starting now and make it big You owe this channel some $$$$$ bc Will is teaching you and giving you the key of success and its up to you what do with it!!!!!! I would add Buy low, fix it right and try to sell high!!!!
💯 all I ask is folks let me know the good news if I helped in anyway which motivates me to keep dropping videos
@@WillMotivation absolutely There is always money to be made ! Lets go!
I sure like your content brother been following you for the last 4 or 5 years
Great video and explanation! I find that my job makes it too difficult to have time to flip properties. I’ve found that buying, rehabbing, and holding & remaining a landlord has been a great way to both cash slow and grow wealth. From time to time pay lump sums into your debt service to bring down the principal as interest rates rise.
My only issue is that property values are now kinda high where I typically invest (Chicago) so I haven’t found a good deal in a long time.
Raising rents is another way to keep the cash flowing, as long as you don’t invest in an area that has harsh rent control laws. I might make my own video, but I really appreciate you sharing your business strategy here!
Thanks for breaking this down brotha. In the process of building my Sec 8 portfolio. Looking to build up to 50 units by end of 2025
What’s your cash-flow per door good brother. You should used the proceed from your flips to pay off one of your rental units per year. Did you used the BRRR method to scale your portfolio.
Thank you will for your awesome content!!!
Great video and investment approach. Gave me an idea for my next video 😊
As a landlord and Investor myself, you definitely are doing it right .In my opinion .
Just subscribed brotha.
Love the channel. Don't reveal too much personal information to strangers.
I agree. People are nuts. Women included.
That's the whole point of the channel.
Nice vid. 👍🏾 U forgot to speak on pulling equity out of those properties also to make moves...
It’s on my real estate channel 👍🏽
Keep dropping inspiration my brother.
Good Morning Bro.❤
What’s good bro
I just buy 2024 s3 premium plus ,I have Audi Etron 22 and Porsche cayman 2016 try to get rs3 after 2 Years follow your channel I keep up ,Thankyou my face book Tony vo
Great information sir
do you recommend airbnb rentals or single family or? ty for the info lesrning alot
Happy Holidays Bro!
I’m 29 and have one rental property but not sure where to go next. I’ve been mostly just piling all my extra money into the S&P 500. You should do a vid about your stock investments
Ok will do
Awesome information
Will, love the $$$ videos.
Appreciate you Will for always keeping it real, you're such a cool guy you seem like the type of person God want us all to be
Great content
Free game!! Still waiting on that "cost to rehab" video 😅
Where'd you get the money for them properties?
The first properties I bought from my life savings and then I used my income from working for 15 years
Thanks for your information sir but just imagine . How much money 💰 you would have if you didn’t buy so many cars ?? 🚙 🚗 🚘
What you don’t realize is that the cars I buy usually don’t lose much value so I still have most of the money it’s just not making any interest. But definitely part of my net worth.
💯💪😆Get em Will!
That car is Sweeeeet! Take Care
Nothing beats paper assets bro. Real Estate is good too but it’s really the most lucrative ideally for folks that are already rich. If you are building wealth, you really want to focus more on assets that are less financially burdening as much possible. You can’t go wrong with paper assets in this regard. Literally no overhead, way less headache, and way more take home income. You should consider what’s called Covered Call ETFs within the Stock Market. I would build wealth first with intangible assets and then use that money to go hard in tangible assets like real estate to sustain yourself financially from the money you made from the stock market. There’s a reason why the stock market is statistically #1 for creating the most millionaires compared to any other asset there is. It even beats crypto. It’s stocks #1, Real Estate #2, then crypto #3. Just my 2 cents 👍
4:34 I finally understand what u been saying u speak the truth Sir
In short: Tax deductions aka 1031 and 179. and BRRRR (buy reno rent refi repeat) the $100k salaray is just the salary in passive income. all good
Bro! Can you do a video on budgeting for a rehab 😅
you said you sell your cars or pay em off after a year. how much do you put down on the car if you plan on selling it in such a short time?
At least what I think the worse case amount would be in depreciation so I’m never in a negative equity situation
@@WillMotivation could you give an example?
hehe, that's what I'm working for. My own lambo as well.
Love these how much I make videos Will.. How much is the Lambo in this video per month?
Coming soon
Hey Will, do you do your own taxes? Not sure if I should do mine. I also have rental properties.
I welcome the new Lamborghini 👍
I’ll do a good review on it
@ I can't wait 😅.
I currently have 1 rental property, I have about 125k worth of equity. What’s the smartest thing to do next?
I would find a flip to do and maybe use the equity in the home to get the next property but make sure it’s a sure shot on the flip
I like the look of the rented Lambo sitting in a middle class garage. Bro, you need priorities.
The problem in real estate now 2024-2025 is that the interest rates and home cost are so high that the monthly payments are crazy. Purchasing a home at retail and trying to rent it out is a No Go. If going the Auction or Preforclosure route u would have to have the cash to close Deals. Borrowing money is very expensive Today. Not sure if investing in RealEstate TODAY is still possible and profitable.
You are right it’s a different climate now. But the opportunity is here but more important where you invest and then the strategy. It’s a better time to flip rather than buy and hold.
I could drive an Aventador, I want to have for my own a Huracan Spider ❤❤
🔥🔥
Will has literally dropped financial jewels and showed yall the numbers over the years… what you do with this up to you. Literally mimicking what he has done has changed my life for the better. Let me summarize what he’s preaching.
1.) get a high earning primary income (but not always necessary)
2.) invest in a side hustle or business.
3.) take your money and invest in passive income
4.) let the income generating assets pay for the depreciating assets (toys)
Wow I’m honored to even be able to help just a little my bro. Thanks
Giving you your “flowers” so to speak my brotha
I make $17,600/month after taxes from my career & buying rentals after the market collapses by 20-30%
👍
Bro you a money making machine lol
If you don't mind me asking what is your email address will be checking out the real state channel and have to get a t shirt from you
Bro saying with 200k per month net income you might be able to afford a lambo… bro you wild … 😂
I meant per year 🤣😝
23rd to comment 135th to like!
Hey will love the vids. Starting a small online business would appreciate a shoutout!!! Testing waters rn but want to grow more!
Who is dressin this dude. We need Capi back lol.
Hopping out a lambo bro can wear whatever he wants lol
I like how he dresses, reminds me of simpler times when men acted like men and not premadonnas. Reminds me of the 90's and early 2k's.
Bro pays more for his house per month than he does his Lambo 🤣🤣
?
how else should it be
Duh?😂😂😂😂
@@WillMotivationI dudes a troll you can see his comment history 🙄
@ imagine taking financial advice from this guy 🤣
if your car is worth more than your house its stupid.
Says who ?? There’s levels to life my bro.
lol. real ballers dont have car payments. nice try though.
Only someone ignorant would be talking about real ballers. I’m a grown ass man.
Will I har send you an email.