I couldn’t take this video serious. It was only half serious with the visor. If you want me to take you serious Rudy, you need to be wearing a small magic booster box tie with the visor
"How long is this video, is anybody even watching this"? Yes and worth every minute of my time, hopefully some people your age and younger watched as well. It can be so easy now for the young to build wealth all they have to do is educate themselves on how it's done. Sadly I'm older and never really had access to this information when I was a young man mainly because I didn't even know to look, wish to hell I had... (Pay attention kids and learn)...
In my personal experience Rudy said a lot of things that are true, but glazed over (maybe in part to avoid any legal ramifications no matter how small or unlikely) some very important parts in the MTV vs Real estate. Mainly how much taxes and insurance cut into your profits. Also with him being in Florida I can understand why he doesn't talk about owning and renting/selling farm land. As well as how different time feels vs looking back/forward. IE getting ~$600 a month (-taxes and stuff) = $200-300 profit a month on a 30K (or so) investment is almost 12% ROI a year, but in the moment the extra ~$250 looks a lot more promising to buy some sealed product and store it away instead of saving for years and years to go for that second home; that you have to find renters and are not getting a homestead exception, because your not living there. Or maybe your in a state with close to 0% property tax, so that doesn't really matter for you. With things like MTG sealed product (or even sliver/gold and to a lesser extent stocks/bonds) you can just buy it and not have to worry about upkeep. I think overall Real estate is the way to go, but it has a much higher point of entry and more of a chance to get hosed in the form of people not paying rent, ect.
@@lotoex Rudy gives long strokes and ideas to research, that's all there really is to it. Not any ground-breaking stuff or specifics but things to look into for yourself.
Rudy is a yougster in his 30s. There is an exit point, or as another old time used to say - time to take the trophy home. ANY investment that is good will be worth more later in time. There is another saying - you cant take it with you... so it depends on your goal and point in life.
This is generally very good advice. Please just keep in mind that tenants are not always great at paying and that homes do need repairs and have overhead. Also banks can be very fickle with investment properties. Also ALL of this requires decent income
Please make a video of collecting booster boxes in 2005-06. That's the time I faded out of Magic, but at that time, it was insane to think that sealed product would increase in value. Absolutely love this video! Please make more about investing especially real estate! THANK YOU!
You just gave me a genius idea. I should start renting out MTG cards. Your a genius Rudy. Thanks to all the local taco shops and Timmy Tuesday’s I should be a millionaire in no time.
Honestly if 20 year old me heard this kind of advice i can imagine making some different choices. I'm kind of jealous of all the information young people have access to these days.
@Dober Mann I bought my house at 22 and paid it off at 26. However the most expensive home for sale in my 60K pop town is 749K. The house is 9,107 square feet built in 1997 with 5 bedrooms 4 bathrooms. 275K will get you Bedrooms:5 Bathrooms:3 Total Square Feet: 4136 Year Built:1990. However if your a normal person I would go with the Bedrooms:3 Bathrooms:2 Total Square Feet:1497 Year Built:1895 for 40K. So even if you had just an average almost full time job at 18, by the time you where in your mid 20s you could be a good bit of a way to paying off that 40K. Even more so if all your other friends want to pay you like 200-300 a month to move out of their parents house and you have 2 spare bedrooms :p. It's amazing how far an extra 7,200 a year for 4 years will go to pay off 40K. So the reality is that you will most likely have to move and get a job that doesn't pay as much, but the cost of living is so much lower that it is a net positive.
I'm personally thankful you talked about the importance of holding an asset and collecting passive income. Unfortunately, collectibles don't provide dividends or rent. However, you have shown me over the years how collectibles rise in value, and I've observed that too. But ultimately, collectibles have to be sold to generate income. I guess collectibles that grow rapidly in value and then sold to buy property would be really good.
Rudy does this non-sexy tedious investment work because it pays very well in the long run. Ultimately, he wants that financial freedom you can only get through business success. He's an entrepreneur.
0:53 _"Rudy! I got a rental house."_ _"Before anything-rip out all sinks, toilets, showers, bathtubs and plumbing. Use the same hardened ceiling on the floors, walls, and ceiling, so the tenants can't screw anything. They must feel like they're in a prison's communal shower, and the mean sheriff from Rambo 1 is coming with the high-pressure hose to hose them."_ _"Sounds harsh."_ _"Nah, it's okay. As long as you don't draw _*_First Blood_*_ you should be fine."_
Ok so to summarize: 1) pay off your house 2) take out a loan against your paid for house 3) use loan as 20% down payment (and borrow 80%) to buy 1 to 3 more houses 4) pay interest on 2 or 4 houses each month because none of them are paid for 5) wait patiently for the wealth building to begin 6) buy a copy of the book Total Money Makeover and spend years cleaning up your mess
Yes he did. He has also said in different videos to make sure your household is in order before you invest in anything really risky. I still don't understand how he calculates +$1,000 cash flow on rental house #1 in a scenario where he owes $100K on the HELOC. Is he not paying down the HELOC balance?!
@@clarkjansen2048 , To me it would make better sense to sell the house for 300k at MV(market value), and then buy the two 150k houses and rent them out (you owe nothing to a bank). Not much of a get rich scheme, but it would pay your bills. Assuming you rent both houses out at $750 a piece or more and break Rudy's rule of not selling your property. Also following Rudy's logic is that houses are only going to continue increasing in value over time. Having more houses would possibly??? be more profitable in the long term??? If you want to be daring take the 300k you sold the house for and invest it into a lot of houses only paying 20% down. 20% on a 300k house is 60k, so you can buy 5 houses roughly equal to the first house and no breaking the laws. It only requires you to break Rudy's weird rule of not selling property and clinging to it like it's a love pillow. I'm only guessing this will work??? There's probably laws against taking out numerous mortgages??? I have no idea??? If this works: 5 houses worth 300k at rent around $1,500 a month $5,000 a month total on mortgages $2,500 a month leftover I wouldn't do any of this, but I'm a poor person not in any debt and also a bottom feeder as Rudy has called us peasants who turn the clogs to Rudy's credit card schemes...
@@clarkjansen2048 I believe it was take off $500 for taxes and repairs and such and then pocket the $1000. I would use that $1000 toward the mortgage of another rental property I think. Say it's $800. then you are only netting $200 from the original but then you can keep all of the second property money especially if it is a multi unit.
@capn D: I can get behind a plan where you stay debt free. Own two paid for rentals and rent yourself. I just don't see the appeal of giving your money away to banks as you pay interest on loans. The fastest way to wealth is to not give your money away and be debt free.
Rudy, thank you so much for invaluable advice. After watching several hours of Pink Visor videos I decided to go YOLO all in on Timmy Edition product. I'm confident this will be the best course of action for me and my family. My wife even said: _"Who are you?! How did you get in here?!? What are you doing in my house!?!?"_
I just invested an hour into peeling lemons and garlic gloves; grinding them up and then simmering that hizzle for an 7 minutes; investing in Health is what is up.
Another important thing about real estate is that location is extremely important (obviously). A lot of people that move to my area (immigrants especially) like to buy up a property for cheap, bulldoze it, and build some monster of a house and flip it. They tend to keep doing that until they get enough to buy a larger property to funnel money through, or at least that's one of the trends I've noticed. It's spiked property prices around here pretty bad though, to the point where no one is buying on these flippers anymore so they're ending up upside down on these houses. I actually am of the same mentality that you have where you should hold onto property once you own it, since like you said, it's another source of income once it's paid off. It's also not becoming any easier to buy a decent property here in my area in this state anymore so there's that too.
Hmm, one of my only bigger questions would be around renters. I have a bunch of family who have bought lots of real estate and a few houses got kind of destroyed, people had to get evicted, shit happened; I guess this is the ideal renters who don’t cause trouble! Still, if it would go this smoothly then sweet! Great passive income!
Hi Rudy, you should consider going on the Offical TekWar Fan Podcast. They’re into MTG and would love to talk with you about your investments! Kantbot is a super chill guy!
Short phyrexian long black and enough with describing my dull life. Love the video. Long time viewer. 26 years young and learning that it's just as easy as it is complicated to find your way in life. Keep it up.
To rudys patrion don't do storage units. They have been overbuilt. You should sell that house after putting in the money to fix it up. Take that 300k and buy some rentals in indianapolis. For 80k in Indianapolis you can get houses that rent for 1000 and after expenses you cash flow 600. If you sell for 300 after closing and mortgage you would have about 175k so you could buy 2 of them. If you buy just west of downtown but close to the river but south of Michigan St that area might go up 50% in price the next 5 years.
Short phyrexian # large black snake ... come on man of course I'm watching. This has been my favorite discussion topic lately as I move into the next stage of life haha
One work around for using your HELO money for down payment on the next house is to withdraw what you need and put into your checking or savings 3 months from the time you plan on submitting bank statements. Lenders and Banks will only force you to show verification of deposit 60 days out from the time you hand them your earnest deposit check. This is not illegal and was the advice given to me by my lender.
I know nothing about or ever got into magic, but Rudy is just the right kind of 'boring but entertaining' youtuber that I can leave playing in the background while I work. Cheers Rudy. :D
Thanks for the tips, Rudy. As a person in the mid 20s, I'm working through college to get a degree and hopefully graduate to make some start up cash for investments. It's a slow, money-draining, time consuming process but I hope it'll all work out! Great videos, Bush did 9/11.
My wife and I are buying our first home right now. Going to the home inspection today. Very excited. Many years of us living like depression people to afford it. So worth it!
Rudy, these longer videos are the best! Please continue making them. I truly appreciate the insight and information you give. As a young man of 25 I've been thinking about getting into the world of investing and you've shown me a bit of how all of this works. It actually seems feasible to me now. I've run into the negativity you talk about when I've brought up these things with friends/family members and you're right, screw their opinions, I'm going to max out my credit cards to buy original Zendikar boxes like you suggested in your forum post.
This is my favorite video of yours! I am a property investor and have 2 investment properties, I also love mtg and invested 7k in this from Daniel at 2017 Vegas GP. Both are paying off well! This video is info perfect for me.
I agree with you that people always think there is a golden ticket. There is no such thing. All you can do is have parameters and work with them. Everyone's situation and ultimate goals are different. I personally wouldn't go down the property investment but that doesn't mean its wrong. I would also note things change and for example in the UK the government are taxing this kind of investment. For me I have gone the get your mortgage paid off as fast as you can but have cash capitol to keep you for 6 months if something should happen. Then when you have paid off your mortgage you can then start investing or saving so you can live off it and retire early.
Radical hairy armed giggity lord rudy, greatly appreciate videos not just for the excellent knowledge but once again your videos bring a good positive position in my eyes thanks for the damn good video and keep em comin!!
"For those of you who don't want to stick around for 30 minutes on a video the short answer is real estate is gonna win" I actually ran off typed this comment while dying of laughter LOL. Now I will go like and subscribe.
In Switzerland real estate is much trickier, the numbers don’t line up as beautifully, to get 1500$ rent you need to have a 650K property. Moreover you pay taxes on the value of the property, 0.1% yearly which is significant on 650K. I love your model and through processes, but in the end the numbers need to line up as you said towards the end
Rudy! Great stuff. Just wanted to add some clarification about those hypothetical HELOC funds being eligible for a down payment for another house. You should be able to use the HELOC money as a down payment on another piece of real estate as that would qualify as 'secured borrowed funds' in the eyes of the agencies. It's using an unsecured line of credit that will get you a fat denial from the bank
I feel like you can learn more actual valuable financial stuff from rudy then actual entry level college courses. and in a fun engaging and quick way.
It is illegal and immoral to do this lol
Agreed.
The student debt crisis tells you all you need to know about financial knowledge in college haha
college is for timmys and fools.
I can attest that that is 100% true
Short phyrexian # large black snake iconic masters $1000 I don't know...
missed the word giant
I was going to write it too! Hahahahha
> Rudy: I'm 35.
> Also Rudy: Back in 2008...I"m in my early thirties...
Rudy doesn't age. He has a balanced diet of alpha rares to keep him young.
the older you get the more arbitrary the number are
Just use time walk every now and then.
Dude been casting Time Reversal
I couldn’t take this video serious. It was only half serious with the visor. If you want me to take you serious Rudy, you need to be wearing a small magic booster box tie with the visor
He's not wearing pants. He's super serious!
true but he needs a monocle on top of that to realy atract the big dogs
He needs a EDH deck box cod piece with "add this to the stack" written along the length of it. :^)
and a solar powered calculator
Everyone knows the real money is in the creepy basement industry
"How long is this video, is anybody even watching this"?
Yes and worth every minute of my time, hopefully some people your age and younger watched as well.
It can be so easy now for the young to build wealth all they have to do is educate themselves on how it's done.
Sadly I'm older and never really had access to this information when I was a young man mainly because I didn't even know to look, wish to hell I had...
(Pay attention kids and learn)...
I'm 17 myself. I'll definantly be listening to his adivce. Always entertaining to learn from Rudy
In my personal experience Rudy said a lot of things that are true, but glazed over (maybe in part to avoid any legal ramifications no matter how small or unlikely) some very important parts in the MTV vs Real estate. Mainly how much taxes and insurance cut into your profits. Also with him being in Florida I can understand why he doesn't talk about owning and renting/selling farm land. As well as how different time feels vs looking back/forward. IE getting ~$600 a month (-taxes and stuff) = $200-300 profit a month on a 30K (or so) investment is almost 12% ROI a year, but in the moment the extra ~$250 looks a lot more promising to buy some sealed product and store it away instead of saving for years and years to go for that second home; that you have to find renters and are not getting a homestead exception, because your not living there. Or maybe your in a state with close to 0% property tax, so that doesn't really matter for you. With things like MTG sealed product (or even sliver/gold and to a lesser extent stocks/bonds) you can just buy it and not have to worry about upkeep.
I think overall Real estate is the way to go, but it has a much higher point of entry and more of a chance to get hosed in the form of people not paying rent, ect.
Mjr Burn Not spending it on shit like $1,000 phones every year would be a great first step. Alas, noone ever takes that first step.
@@lotoex Rudy gives long strokes and ideas to research, that's all there really is to it. Not any ground-breaking stuff or specifics but things to look into for yourself.
Hey less competition for the rest of us 😎
"What you should do is cash out the house, become a $100 patron, and buy $10,000 of magic from me every month." -Rudy, CEO of Floppy Taco Industries
"How long is this video?! Is anybody actually watching this!!"
Yes. Yes we are. In its entirety!
Rudy is a yougster in his 30s. There is an exit point, or as another old time used to say - time to take the trophy home. ANY investment that is good will be worth more later in time. There is another saying - you cant take it with you... so it depends on your goal and point in life.
He’s discussing generational wealth too. So bequeath it upon family and offspring and grand children to give them a major boost in life.
Rudy should be a professor at Tolarian state university
He is. He is just in the basement. They removed the door and filled in the hole with concrete for everyone's protection.
"And I'm gonna explain how I would merge Magic and real estate..."
*Grabs popcorn
rudy even though i know a lot of this information already i still prefer these financial vids more than anything else
12:40 _YOLO Rudy_ with _F- It Investments_
I’m here from the future.... these were the best videos ever made
I live in California and these theoretical housing prices make me feel dead inside.
Your very own San Francisco apartment for just a million dollars! Thank you zoning laws! 😒
Same
This is generally very good advice. Please just keep in mind that tenants are not always great at paying and that homes do need repairs and have overhead. Also banks can be very fickle with investment properties. Also ALL of this requires decent income
Please make a video of collecting booster boxes in 2005-06. That's the time I faded out of Magic, but at that time, it was insane to think that sealed product would increase in value. Absolutely love this video! Please make more about investing especially real estate! THANK YOU!
I love these videos. I have one rental property in want to expand the empire. These videos get me very motivated
You just gave me a genius idea. I should start renting out MTG cards. Your a genius Rudy. Thanks to all the local taco shops and Timmy Tuesday’s I should be a millionaire in no time.
Honestly if 20 year old me heard this kind of advice i can imagine making some different choices. I'm kind of jealous of all the information young people have access to these days.
@Dober Mann I treat college like 7-up. I never have, i never will.
@Dober Mann I bought my house at 22 and paid it off at 26. However the most expensive home for sale in my 60K pop town is 749K. The house is 9,107 square feet built in 1997 with 5 bedrooms 4 bathrooms.
275K will get you Bedrooms:5 Bathrooms:3 Total Square Feet: 4136 Year Built:1990.
However if your a normal person I would go with the Bedrooms:3 Bathrooms:2 Total Square Feet:1497 Year Built:1895 for 40K.
So even if you had just an average almost full time job at 18, by the time you where in your mid 20s you could be a good bit of a way to paying off that 40K. Even more so if all your other friends want to pay you like 200-300 a month to move out of their parents house and you have 2 spare bedrooms :p. It's amazing how far an extra 7,200 a year for 4 years will go to pay off 40K.
So the reality is that you will most likely have to move and get a job that doesn't pay as much, but the cost of living is so much lower that it is a net positive.
Rudy, I know magic is the main drive of your channel but these videos are why I subbed.
i need a pink visor so people will take me seriously
rudy, you need to sell pink visors with alpha investments logos on them, who wouldnt buy one?
I havent played magic since 2006 but I stop doing whatever I was busy with when I see you have a new video up.
I'm personally thankful you talked about the importance of holding an asset and collecting passive income. Unfortunately, collectibles don't provide dividends or rent.
However, you have shown me over the years how collectibles rise in value, and I've observed that too. But ultimately, collectibles have to be sold to generate income. I guess collectibles that grow rapidly in value and then sold to buy property would be really good.
Rudy does this non-sexy tedious investment work because it pays very well in the long run. Ultimately, he wants that financial freedom you can only get through business success. He's an entrepreneur.
Bro really out here chillin with carpet in a rental property
we dont have carpet and im happy about it. it's really more trouble than its worth and rugs are easier to manage
Lol, I thought the exact thing when he brought up carpet.
LVP ftw! Throw some area rugs down and you're good to go! If they trash em, roll em up, deduct from the security deposit, and buy new ones.
Any finite resource you can own and hold on to without excerting yourself is a great investment.
0:53 _"Rudy! I got a rental house."_
_"Before anything-rip out all sinks, toilets, showers, bathtubs and plumbing. Use the same hardened ceiling on the floors, walls, and ceiling, so the tenants can't screw anything. They must feel like they're in a prison's communal shower, and the mean sheriff from Rambo 1 is coming with the high-pressure hose to hose them."_
_"Sounds harsh."_
_"Nah, it's okay. As long as you don't draw _*_First Blood_*_ you should be fine."_
Ok so to summarize:
1) pay off your house
2) take out a loan against your paid for house
3) use loan as 20% down payment (and borrow 80%) to buy 1 to 3 more houses
4) pay interest on 2 or 4 houses each month because none of them are paid for
5) wait patiently for the wealth building to begin
6) buy a copy of the book Total Money Makeover and spend years cleaning up your mess
Though I find your comment funny and probably exactly what would happen, he did give the caveat that you have to be extremely careful with it.
Yes he did. He has also said in different videos to make sure your household is in order before you invest in anything really risky. I still don't understand how he calculates +$1,000 cash flow on rental house #1 in a scenario where he owes $100K on the HELOC. Is he not paying down the HELOC balance?!
@@clarkjansen2048 ,
To me it would make better sense to sell the house for 300k at MV(market value), and then buy the two 150k houses and rent them out (you owe nothing to a bank). Not much of a get rich scheme, but it would pay your bills. Assuming you rent both houses out at $750 a piece or more and break Rudy's rule of not selling your property. Also following Rudy's logic is that houses are only going to continue increasing in value over time. Having more houses would possibly??? be more profitable in the long term???
If you want to be daring take the 300k you sold the house for and invest it into a lot of houses only paying 20% down. 20% on a 300k house is 60k, so you can buy 5 houses roughly equal to the first house and no breaking the laws. It only requires you to break Rudy's weird rule of not selling property and clinging to it like it's a love pillow. I'm only guessing this will work??? There's probably laws against taking out numerous mortgages??? I have no idea??? If this works:
5 houses worth 300k at rent around $1,500 a month
$5,000 a month total on mortgages
$2,500 a month leftover
I wouldn't do any of this, but I'm a poor person not in any debt and also a bottom feeder as Rudy has called us peasants who turn the clogs to Rudy's credit card schemes...
@@clarkjansen2048 I believe it was take off $500 for taxes and repairs and such and then pocket the $1000. I would use that $1000 toward the mortgage of another rental property I think. Say it's $800. then you are only netting $200 from the original but then you can keep all of the second property money especially if it is a multi unit.
@capn D: I can get behind a plan where you stay debt free. Own two paid for rentals and rent yourself. I just don't see the appeal of giving your money away to banks as you pay interest on loans. The fastest way to wealth is to not give your money away and be debt free.
short phyrexian large giant black snake # iconic masters $1000 I don't know :P
This is such great content, possibly lifechanging really
Rudy, thank you so much for invaluable advice. After watching several hours of Pink Visor videos I decided to go YOLO all in on Timmy Edition product. I'm confident this will be the best course of action for me and my family. My wife even said: _"Who are you?! How did you get in here?!? What are you doing in my house!?!?"_
Thanks Rudy! I honestly feel like I learn realistic ways to look at finances and investments watching your videos. I appreciate your perspective.
I just invested an hour into peeling lemons and garlic gloves; grinding them up and then simmering that hizzle for an 7 minutes; investing in Health is what is up.
Another important thing about real estate is that location is extremely important (obviously). A lot of people that move to my area (immigrants especially) like to buy up a property for cheap, bulldoze it, and build some monster of a house and flip it. They tend to keep doing that until they get enough to buy a larger property to funnel money through, or at least that's one of the trends I've noticed. It's spiked property prices around here pretty bad though, to the point where no one is buying on these flippers anymore so they're ending up upside down on these houses. I actually am of the same mentality that you have where you should hold onto property once you own it, since like you said, it's another source of income once it's paid off. It's also not becoming any easier to buy a decent property here in my area in this state anymore so there's that too.
Wow Rudy, you’re real man. You just spoke to my soul
We need another one of these to update each market in 2022...
Hmm, one of my only bigger questions would be around renters. I have a bunch of family who have bought lots of real estate and a few houses got kind of destroyed, people had to get evicted, shit happened; I guess this is the ideal renters who don’t cause trouble! Still, if it would go this smoothly then sweet! Great passive income!
This channel is pure gold
Absolutely love these videos Rudy, thank you.
This is the most business minded MTG talk I've seen on TH-cam. May cool than a pack opening as it's raw and real
The finance industry does not create wealth. That's such a self congratulatory way of putting it
Hi Rudy, you should consider going on the Offical TekWar Fan Podcast. They’re into MTG and would love to talk with you about your investments! Kantbot is a super chill guy!
Real glad i found your channel. Hope you keep this kind of stuff up for a long, long time :D
Advice on how to leverage correctly is something I wish I had 10 years ago. Thanks for the great video!
Rudy is Michael Milken of Magic, with briefcase full of High-Yield junk bonds
Timmy here, if everyone has 5 - 10 houses who pays the rent?
Timmys like u Timmy... everyone>Timmys
All I know is Shady Rudy got those Illuminati original card game boxes stood up in the back ground. He knows about the predictive programming within.
Short phyrexian long black and enough with describing my dull life. Love the video. Long time viewer. 26 years young and learning that it's just as easy as it is complicated to find your way in life. Keep it up.
12:03 _Peak Rudy_ with _Apex Investments_
thanks for educating me rudy. better than any business class i ever took. hahah
Wow, man I have a BS in business science and never learned this way to work with the different ways to use money!
Because a lot of this is very sensible and colleges/universities are not in the business of selling that.
Lmfao
To rudys patrion don't do storage units. They have been overbuilt. You should sell that house after putting in the money to fix it up. Take that 300k and buy some rentals in indianapolis.
For 80k in Indianapolis you can get houses that rent for 1000 and after expenses you cash flow 600. If you sell for 300 after closing and mortgage you would have about 175k so you could buy 2 of them. If you buy just west of downtown but close to the river but south of Michigan St that area might go up 50% in price the next 5 years.
Great class today Mr. Hairy Arm guy I leaned a lot. I appreciate what you do for this community
"You can thumbs down, run off, and complain on the internet."
Sir, I've given a thumbs up, stuck around, and will give you a compliment.
Short phyrexian # large black snake ... come on man of course I'm watching. This has been my favorite discussion topic lately as I move into the next stage of life haha
I saw the visor and busted out the notebook, i knew it was real deal.
+1 for pen and paper :)
One work around for using your HELO money for down payment on the next house is to withdraw what you need and put into your checking or savings 3 months from the time you plan on submitting bank statements. Lenders and Banks will only force you to show verification of deposit 60 days out from the time you hand them your earnest deposit check. This is not illegal and was the advice given to me by my lender.
I love watching your explanation and conversation videos involving things like this
I know nothing about or ever got into magic, but Rudy is just the right kind of 'boring but entertaining' youtuber that I can leave playing in the background while I work. Cheers Rudy. :D
Seriously I could watch these whiteboard videos all day.
Also, can you make a playlist of these on youtube? makes it easier to find
Can't believe I just noticed Rudy is left handed
0:08 _Shadowy Rudy_ with _Dark Investments_
ol diamond hands rudy never selling
I’m not typing all that stuff Rudy. But I did watch to the end.
love these kinda vids rudy, need more like this
Another excellent video, Sir Rudy. Keep the magic flowing.
This might be the best video you've ever done! Keep it up brother!
just when I was hoping for a financial video Rudy provides. great video love this stuff!
Rudy, please make more building wealth videos specifically thanks. Magic is cool but this intrigued me even more
Pink visor, holy crap it's serious time!!! Love these videos, keep them going. Just wholesome good life advice :)
Thanks for the tips, Rudy. As a person in the mid 20s, I'm working through college to get a degree and hopefully graduate to make some start up cash for investments. It's a slow, money-draining, time consuming process but I hope it'll all work out! Great videos, Bush did 9/11.
1000% agree you want to make moves in this world then set goals and don't abandon them.
My wife and I are buying our first home right now. Going to the home inspection today. Very excited. Many years of us living like depression people to afford it. So worth it!
Rudy, these longer videos are the best! Please continue making them. I truly appreciate the insight and information you give. As a young man of 25 I've been thinking about getting into the world of investing and you've shown me a bit of how all of this works. It actually seems feasible to me now. I've run into the negativity you talk about when I've brought up these things with friends/family members and you're right, screw their opinions, I'm going to max out my credit cards to buy original Zendikar boxes like you suggested in your forum post.
you inspire me so much Rudy
rudy using terms like yolo staying hip with his fellow youth soon hes going to tell us to yeet our money into magic cards
This is my favorite video of yours! I am a property investor and have 2 investment properties, I also love mtg and invested 7k in this from Daniel at 2017 Vegas GP. Both are paying off well!
This video is info perfect for me.
Until I have $85,000 to get started with, I will have to invest in MtG instead.
I agree with you that people always think there is a golden ticket. There is no such thing. All you can do is have parameters and work with them.
Everyone's situation and ultimate goals are different.
I personally wouldn't go down the property investment but that doesn't mean its wrong.
I would also note things change and for example in the UK the government are taxing this kind of investment.
For me I have gone the get your mortgage paid off as fast as you can but have cash capitol to keep you for 6 months if something should happen.
Then when you have paid off your mortgage you can then start investing or saving so you can live off it and retire early.
Radical hairy armed giggity lord rudy, greatly appreciate videos not just for the excellent knowledge but once again your videos bring a good positive position in my eyes thanks for the damn good video and keep em comin!!
"For those of you who don't want to stick around for 30 minutes on a video the short answer is real estate is gonna win"
I actually ran off typed this comment while dying of laughter LOL. Now I will go like and subscribe.
Rudy! I'm considering selling my house and buying a thousand boxes of Throne of Eldraine Collectors Edition. Please advise.
Very valuable stuff you´re teaching. Thank you for that. And a nice shout out with the shivan dragon ;)
Thx for all the solid info and direction!
Step 1: Have a house
Step 2: Realize you have no house and cry.
Step 3: ???
Step 4: Profit!
Short phyrexian... Just look at the analytics!!! :D Interesting stuff. The air of legitimacy the pink visor is lending you is UNREAL!
Thanks rudy this was very educational
You should be teaching at a business school somewhere in Florida. I’d sent my kids there.
Not a MTG fan/player, instead i play Yu-Gi-Oh!, but i love your way, of explaining the investment side of TCG's.
I love Rudy's white board confessions.
In Switzerland real estate is much trickier, the numbers don’t line up as beautifully, to get 1500$ rent you need to have a 650K property. Moreover you pay taxes on the value of the property, 0.1% yearly which is significant on 650K. I love your model and through processes, but in the end the numbers need to line up as you said towards the end
Rudy is the fucking king
It really depends on whether or not you're in the middle of a real estate boom or not, if so, sell... all markets are sine waves.
Rudy! Great stuff. Just wanted to add some clarification about those hypothetical HELOC funds being eligible for a down payment for another house. You should be able to use the HELOC money as a down payment on another piece of real estate as that would qualify as 'secured borrowed funds' in the eyes of the agencies. It's using an unsecured line of credit that will get you a fat denial from the bank
i watched it . great video. thank you ruby for sharing the realities of your reality. life really is long and slow
Great video Rudy.
I agree
Great information loved all 30+ minutes of it
Rudy, I lost you after the pink visor part
I move into my first property tomorrow. Put 20% down on a condo.