The most important thing everyone should think about right now is how to invest in different sources of income that are not dependent on the government. Especially given the current economic crisis around the world 🌍 . This is still a good time to invest in various stocks such as gold, silver and digital currencies.
What impressed me the most about John is how well he explains the basics of winning before actually letting you use his trading signals. This goes a long way in ensuring winning trades...👍
I agree that there are strategies that can generate solid profits regardless of the state of the economy or the market, but such implementations are usually carried out by investment experts or experienced advisors.
Where I'm at the ADU does not get it's own tax code, but I don't really mind. Just as long as I can get an extra unit to rent out and help with the cash flow is good enough for me. thnx for the insightful info.
Hey, this was one of the most interesting explanations of an emerging real estate strategy I've ever heard. How would you define B and C level properties though? Do you look for price given average neighborhood income, demographics, crime rate, proximity to certain things, etc? What's the criteria? Thanks!
Thach, I really enjoy your videos, bro! And I appreciate the information you shared with us. I think what you're doing is awesome! In your example of purchase & rehab cash flow & income, I just want to ask why it doesn't include the associated costs to the passive income? Example Rental associated cost: landlord insurance, property insurance, maintenance reserve, property management fees, property rates, etc? These costs swallow up our passive income here in Australia. Based on the above , for us to rent out a property just to pay the monthly mortgage, we would have to virtually double the rental price just to break even in order to pay the associated costs. Otherwise, we would be out of pocket each month. Does USA have associated costs similar to us, or any other associated costs at all? Thanks Bro! Keep up the awesome content!
Hey teach love your content. Thank you so much. My question to you is I live in a two family which I own I live on the first floor. I rent the second floor. I bought my property for $260,000. It is now worth approximately 480,000 to 520,000 I have a wife and two teenagers. I have had the property since 2019 after my tenant pays me rent. My portion of the mortgage is approximately $260. My question to you is I want to grow my net worth a lot more, but I am stuck. I do not know how to purchase another property. I was wondering if I could take the two family I live in as a dwelling and sell that take a portion of it purchase. Another piece of property has a 1031 exchange and the other portion purchase a small single-family for my family thank you. That is just a snippet of one of my questions. Thanks again looking forward to hearing from you.
Flipping= Instant profit in your pocket and move to your next project. Rentals: Build up equity, collecting monthly rent but headaches dealing with vacancies, maintainance, evictions and problem with tenants
Flippings can be instantly profitable for short term althought it has a bunch of tax that comes with it and you're really dependent on the market. Rentals are immune to short term market changes, tax free money in form of refinance, and you can still do BRRR and get the quick money
Parking is horrible in boston. If there is adus, it will be even worse. If more and more adus are built in seattle, there will be big parking problems.
This question is always in my mind whenever I purchase a new property. It is very tempting to flip the property for the immediate return, but I usually end up keeping them as rental for the long term appreciation.
I like the idea but this wont work in all B or C areas, I live in a B or C area in CA. Property taxes and insurance would be more than 400$ a month. Double that in some cases. Therefore you would have to rent the ADU for even more than you mentioned. Most 3 bed 2 bath houses will not rent for $3500/month. More like $2800-$3200 depending on the home. A 1000 sq ft ADU certainly won’t rent anywhere near $3500/month…
After 5 years i flipped one of my rental properties this month... Too much built up appreciation/equity and i cant raise the rents anymore in my area to meet the 1% rule
@@ThewinnersO You must have no idea how over leveraging oneself in any market can easily lead to financial ruin during even the slightest of downturns. 🤣
@@McNelisG when thach says 3500 a month, i know he is not lying. Some People with money really pay for brand new, nice renovation, not having to share walls, safer neighborhood, and higher quality neighbors.
@@wl6020 these things you mentioned typically only come in million Dollar neighborhoods so this is not an option for anyone with an entry-level home or really anything under $1 million or just short of that.
@@McNelisG yes of course. You gotta pay for luxuries. I got priced out of seattle and still have friends/family there. My seattle 380 sf apartment in a 100 year old building is now renting for 1500 a month since i check every so often on Craigslist. Its in a average neighborhood, not ghetto.
The most important thing everyone should think about right now is how to invest in different sources of income that are not dependent on the government. Especially given the current economic crisis around the world 🌍 . This is still a good time to invest in various stocks such as gold, silver and digital currencies.
Please how do I go about it, am I still a newbie on investment trading and how can I make profit?🙏🙏🙏
@johnPtrader ⭐⭐⭐
Thanks for the information... I will contact him as soon as possible. I also want to gain good knowledge and stop losing.☺🙏👍
What impressed me the most about John is how well he explains the basics of winning before actually letting you use his trading signals. This goes a long way in ensuring winning trades...👍
I agree that there are strategies that can generate solid profits regardless of the state of the economy or the market, but such implementations are usually carried out by investment experts or experienced advisors.
Two investment rules: Rule 1: Never fall in love with an investment. Rule 2: Never forget rule 1.
When emotions are high, logic is low
Thanks for the sharing! I’m wondering if you will sell the fixer upper after rehab and keep the DADU?
Where I'm at the ADU does not get it's own tax code, but I don't really mind. Just as long as I can get an extra unit to rent out and help with the cash flow is good enough for me. thnx for the insightful info.
Hey, this was one of the most interesting explanations of an emerging real estate strategy I've ever heard. How would you define B and C level properties though? Do you look for price given average neighborhood income, demographics, crime rate, proximity to certain things, etc? What's the criteria? Thanks!
How do you determine whether the area is an A,B,C or D?
Crime area, proximity to school and amenities, etc
Thach, I really enjoy your videos, bro! And I appreciate the information you shared with us. I think what you're doing is awesome!
In your example of purchase & rehab cash flow & income, I just want to ask why it doesn't include the associated costs to the passive income? Example Rental associated cost: landlord insurance, property insurance, maintenance reserve, property management fees, property rates, etc? These costs swallow up our passive income here in Australia.
Based on the above , for us to rent out a property just to pay the monthly mortgage, we would have to virtually double the rental price just to break even in order to pay the associated costs. Otherwise, we would be out of pocket each month.
Does USA have associated costs similar to us, or any other associated costs at all?
Thanks Bro! Keep up the awesome content!
very nice advise Thach , how can I invest in this kind of properrty as an european citizen? Is this possible for investors from the eu ?
Awesome Video! Question: What is the new law of having separate tax ID in California called? I want to do more research about it.
Thanks for sharing. This is good content. I'm definitely subscribing !
Hey teach love your content. Thank you so much. My question to you is I live in a two family which I own I live on the first floor. I rent the second floor. I bought my property for $260,000. It is now worth approximately 480,000 to 520,000 I have a wife and two teenagers. I have had the property since 2019 after my tenant pays me rent. My portion of the mortgage is approximately $260. My question to you is I want to grow my net worth a lot more, but I am stuck. I do not know how to purchase another property. I was wondering if I could take the two family I live in as a dwelling and sell that take a portion of it purchase. Another piece of property has a 1031 exchange and the other portion purchase a small single-family for my family thank you. That is just a snippet of one of my questions. Thanks again looking forward to hearing from you.
Can you do a more in depth video on ADU please you are much appreciated !
Very helpful video thanks🔥🔥
How much will a new build cost ? And will banks , finance it ,
California, expensive like Seattle ,
What do you think about Duplex?
If you're putting more money down, or leaving more equity in the property, then doesn't that lower your interest rate?
Flipping= Instant profit in your pocket and move to your next project.
Rentals: Build up equity, collecting monthly rent but headaches dealing with vacancies, maintainance, evictions and problem with tenants
This is why property mgmt helps mitigate some of those problems with owning rentals. Long term win.
Flippings can be instantly profitable for short term althought it has a bunch of tax that comes with it and you're really dependent on the market.
Rentals are immune to short term market changes, tax free money in form of refinance, and you can still do BRRR and get the quick money
Also, just get a property management and it becomes passive too 🕊️
How much do the single houses cost you that have the ADU potential?
much love Thach hire in Rwanda, i wish you to visit for holidays and investment opportunity
Goldmine of information
Hello Mr.Thach,Thank You Sir, for sharing.
I really hope the big cities in east coast learn from Seattle. In Boston, it’s still difficult to build an ADU in the backyard.
Parking is horrible in boston. If there is adus, it will be even worse. If more and more adus are built in seattle, there will be big parking problems.
Its clear my mind now thank you
Wow good explanation. Thank you
Thank you Mr. Thach Nguyen!
In Hawaii ADUs can't be sold separately. 😢
This question is always in my mind whenever I purchase a new property. It is very tempting to flip the property for the immediate return, but I usually end up keeping them as rental for the long term appreciation.
I like the idea but this wont work in all B or C areas, I live in a B or C area in CA. Property taxes and insurance would be more than 400$ a month. Double that in some cases. Therefore you would have to rent the ADU for even more than you mentioned. Most 3 bed 2 bath houses will not rent for $3500/month. More like $2800-$3200 depending on the home.
A 1000 sq ft ADU certainly won’t rent anywhere near $3500/month…
Great video
Appreciate meaning inflate or inflation.
After 5 years i flipped one of my rental properties this month... Too much built up appreciation/equity and i cant raise the rents anymore in my area to meet the 1% rule
what area?
Dude you are drowning.in debt and the seattle market is down from covid highs.
You must have a disconnect and lack knowledge of the broader real estate market. 😅
@@ThewinnersO You must have no idea how over leveraging oneself in any market can easily lead to financial ruin during even the slightest of downturns. 🤣
Thaaach 😃
#Beast Thach
How to connect with you?
He has several ways written in the box above.
Why are people obsessed with real estate.. its literally just a house that someone pays you rent. You could spend your life doing anything
You must not be familiar with taxes
20 years down the road we probably won’t be here not a guarantee
A 1000 sq ft ADU will not rent for $3500/month, that’s insane. Not even in CA a 3 bed 2 bath house rents for that much.
A dadu is better than a apartment. 2 br 1000 sf old apartments in seattle, in bad areas, is already 1800 a month. Its that expensive here.
@@wl6020 that’s on par with the SF Bay Area. Over here you are very lucky to only pay $1800 a month in rent it’s more like $2200 even in crappy areas.
@@McNelisG when thach says 3500 a month, i know he is not lying. Some People with money really pay for brand new, nice renovation, not having to share walls, safer neighborhood, and higher quality neighbors.
@@wl6020 these things you mentioned typically only come in million Dollar neighborhoods so this is not an option for anyone with an entry-level home or really anything under $1 million or just short of that.
@@McNelisG yes of course. You gotta pay for luxuries. I got priced out of seattle and still have friends/family there. My seattle 380 sf apartment in a 100 year old building is now renting for 1500 a month since i check every so often on Craigslist. Its in a average neighborhood, not ghetto.
❤
How will declining birth rates affect real estate in the next 20-30 years?
There are enough illegals coming in to keep the population up
Not in the least.
This BS artist appeared on my feed just now. I don’t know why