3 Reasons Investors Never Pay Off Real Estate

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  • เผยแพร่เมื่อ 21 พ.ย. 2024

ความคิดเห็น • 98

  • @bentleydesign.studio
    @bentleydesign.studio 2 ปีที่แล้ว +60

    Could you make a choice comparison video where one person chooses to pay off one property vs another who uses your strategy and show a side by side graph comparison showing their debt and income? I’d like to see visually how it compounds over time and how the debt you acquire on so many properties is actually worth it because of the cashflow! Then show how each investor did at the end of 10 years or something

  • @clarknawrocki9718
    @clarknawrocki9718 4 หลายเดือนก่อน +1

    I'm a retired landlord of 28 years and he is absolutely correct

  • @MikeSmith-kl7yr
    @MikeSmith-kl7yr 2 ปีที่แล้ว +9

    Can you please go over the risk of using leverage and how to manage it?

  • @mazibukomail
    @mazibukomail ปีที่แล้ว +1

    Thanks Kris, agree with you issue is that leverage really works.. until it doesn't, so one must be careful to do your homework.

  • @TimWilson1
    @TimWilson1 หลายเดือนก่อน +1

    A lot of people were over levered in 2008 and lost everything. 2009-2012 were great place to lever up but now??? Why is Warren Buffet building such a huge pile of cash and saying he can’t find anything to buy?

  • @TONYGILIANA
    @TONYGILIANA 2 ปีที่แล้ว +14

    I enjoyed this video! U got me hooked now

  • @jiflooring2009
    @jiflooring2009 2 ปีที่แล้ว +23

    I'm a contractor in Oregon and have always wanted to get into flipping or buying cheap, fixing up and turn into lease or ltr properties. I've got the skill set to renovate and inspect

    • @richmorin8133
      @richmorin8133 ปีที่แล้ว +1

      Just fyi just flip home ..you don't want to deal with non paying tenant

    • @Mimi-pt4fo
      @Mimi-pt4fo 4 หลายเดือนก่อน

      Lucky you!

  • @pedrorobalinho5883
    @pedrorobalinho5883 6 หลายเดือนก่อน

    I love the ideas but there’s q lack of info there. What about all the renter’s responsibilities? Maintenance etc?? More houses more trouble too? Why that money and time is not in the equations? Thanks!

  • @BenitaAzaka
    @BenitaAzaka 2 หลายเดือนก่อน

    In Nigeria, the mortgage thing isn't feasible. u had better own your own property than owe the bank. these things work with the system

  • @chaywednesday5131
    @chaywednesday5131 2 ปีที่แล้ว +14

    Thank you Kris. I agree with what you all said. How do you manage to keep tenants to pay in a consistent basis? Do you have a property management? When do you get a property manager? How many houses can be managed at the beginning just by yourself?
    By the way, I am watching at 3AM

  • @valmontgroup
    @valmontgroup 2 ปีที่แล้ว +5

    Absolutely true Kris!

  • @WB-yw4pb
    @WB-yw4pb 3 หลายเดือนก่อน

    Another scenario: In New Orleans as well I recently bought another investment property All cash deal. With that, I beat out 3 other buyers. I did light renovations and have two tenants in, self insured and the net income is almost twice the number than if I left that money in the bank in our money market collecting interest under the current rate.

  • @princessvann2231
    @princessvann2231 10 หลายเดือนก่อน +1

    Interested!

  • @neelray9150
    @neelray9150 2 ปีที่แล้ว +6

    Absolutely agreed 💯💯💯

  • @ramanjaneyareddy9026
    @ramanjaneyareddy9026 ปีที่แล้ว

    Thanks a ton!!!! you are saving my life

  • @smokesss9445
    @smokesss9445 4 วันที่ผ่านมา

    Where do you get people to rent your houses ? That’s the only thing I’m worried about not finding people to rent and having to pay all the rent

  • @victoriakennedy4811
    @victoriakennedy4811 7 หลายเดือนก่อน

    what about when they put up the interest rates again and again then what do you do sell sell sell?

  • @WB-yw4pb
    @WB-yw4pb 3 หลายเดือนก่อน

    as far as 4 homes at 100k each...those would be sht properties and resale value would most likely not net a significant profit

  • @aiko3423
    @aiko3423 2 ปีที่แล้ว +1

    so what you're saying is...i shouldn't pay off my student loans and instead try to buy investment property?

  • @SSModi852
    @SSModi852 ปีที่แล้ว +4

    Choice is live average life vs super risky life. High risk strategy high returns. But if risk turns against you, you live homeless or pull the trigger to your head.
    And by the way wealth doesn't mean happiness.

  • @WB-yw4pb
    @WB-yw4pb 3 หลายเดือนก่อน

    homeowners insurance has gone through the roof and in certain states like Louisiana for instance it might make sense to pay off the remaining balance and self insure at a lower rate. Example: I have an investment property with two tenants in New Orleans. I locked into a mortgage rate of 3.5% 7 years ago. My insurance has quadrupled since then so my ROI has been scaled down to around 5.5%. If I pay off the remaining balance when interest rates go down and self insure I will be up at almost 11.5 ROI. At that point that cash I used to to pay the mortgage down would not even be close to 5% in a basic money market account.

  • @joselara6989
    @joselara6989 2 ปีที่แล้ว +1

    The only thing that gets me is when you are trying to get another loan they look at your DTIR!!!!?

  • @dimaosman6363
    @dimaosman6363 2 ปีที่แล้ว +1

    you should make a school teaching about real estate

  • @Slabagool
    @Slabagool 2 ปีที่แล้ว +3

    This is great because it can be applied any investment and the points are clear

  • @FinancialFreedomMadeSimple
    @FinancialFreedomMadeSimple 2 ปีที่แล้ว +2

    I enjoyed watching this vid, great work!

  • @ruffbuffwest7169
    @ruffbuffwest7169 2 ปีที่แล้ว +1

    Hey Kris can you upload a video on how you become a successful investor in real estate without a real estate license. You probably already have a video out there I just haven't checked yet.

  • @aaronpi4493
    @aaronpi4493 2 หลายเดือนก่อน

    What about depreciation recapture?

  • @predator1820
    @predator1820 2 ปีที่แล้ว +1

    Hey Kris how long should my mortgage be if we have only 20years of depriciation whriteoff.

  • @GIMRvids
    @GIMRvids 2 ปีที่แล้ว +1

    great video kris

  • @gannayyabommali5320
    @gannayyabommali5320 2 ปีที่แล้ว

    Very helpful. I thought to pay off and searching some options. Krish clarified better.

  • @erinsteward6594
    @erinsteward6594 2 ปีที่แล้ว

    SO nicely explained…..fabulous!

  • @vidagutierrez1009
    @vidagutierrez1009 2 ปีที่แล้ว +1

    Kris I love that idea , let’s do it

  • @JayLovez28
    @JayLovez28 ปีที่แล้ว

    Awesome 🎉🎉🎉

  • @bentleydesign.studio
    @bentleydesign.studio 2 ปีที่แล้ว +18

    Kris, you should make a real estate investing board-game that teaches and explains all of the concepts you teach and how to calculate it so people can see how it all plays out!

    • @daichiDom
      @daichiDom 2 ปีที่แล้ว +2

      This is Genius

    • @JayLupe
      @JayLupe 2 ปีที่แล้ว +15

      Its called Monopoly

    • @chrisogden8647
      @chrisogden8647 2 ปีที่แล้ว +1

      @@JayLupe 🤣🤣👏👏

    • @hp7639
      @hp7639 2 ปีที่แล้ว

      Dana White agrees

    • @jercasgav
      @jercasgav ปีที่แล้ว +1

      Yeah Robert Kiyoasaki already made this game it is called "Cashflow" if I recall...and Monopoly is the vintage version of this roughly speaking.

  • @IamMattBeard
    @IamMattBeard 2 ปีที่แล้ว +4

    💯 Great vid! high-level!!!!! cashflow is absolutely gold

  • @Engie650
    @Engie650 2 ปีที่แล้ว +2

    Hey Kris, do you offer partnership to people outside of the USA 🇺🇸?

    • @lilianbryce6354
      @lilianbryce6354 2 ปีที่แล้ว +1

      I don’t think that will be a problem because I am a real estate agent too and I do partner with people outside the state

  • @zaing6098
    @zaing6098 ปีที่แล้ว

    Where did you get that shirt

  • @neno56527
    @neno56527 2 ปีที่แล้ว

    0:27 where can i buy that T shirt ?

  • @lilianbryce6354
    @lilianbryce6354 2 ปีที่แล้ว +3

    Kris is indeed a king investor.

  • @AW-xv7dq
    @AW-xv7dq ปีที่แล้ว

    Is there a 1031 equivalent in canada?

  • @loiju6710
    @loiju6710 2 ปีที่แล้ว +1

    That shirt with the benjamins...😂

    • @pantherman8719
      @pantherman8719 2 ปีที่แล้ว

      He's counting stacks online....

  • @laurice8056
    @laurice8056 6 หลายเดือนก่อน

    This sounds like a risky idea for your primary residence. Especially for seniors or other people who have no other assets, no savings and are living on a fixed income.
    It seems safer to play this Monopoly game with your other investment property. But not your primary residence.

  • @hortonsstuff6948
    @hortonsstuff6948 ปีที่แล้ว

    Debt is your friend

  • @dominick4709
    @dominick4709 2 ปีที่แล้ว

    How do I get 2nd home? Equity?

    • @sara69xd
      @sara69xd ปีที่แล้ว

      Yes debt against equity/noi

  • @joycebarnett6035
    @joycebarnett6035 2 ปีที่แล้ว +19

    You do not make a profit putting 20 percent down with the sky high prices please show us some real estate purchases where you can buy a house nowadays with 20 percent down and rent it making a profit maybe 10 years ago this would have worked

    • @yuriyalex5641
      @yuriyalex5641 11 หลายเดือนก่อน +4

      The cynic calls....
      You never make it!

  • @joshuamendez4189
    @joshuamendez4189 2 ปีที่แล้ว

    This video is great man thank you!

  • @jayanthsrinivas4424
    @jayanthsrinivas4424 2 ปีที่แล้ว +3

    Can we use leverage in the name of multiple primary residences? So that we can have 3-5 percent downpayment instead of 20 percent?
    Basically, can we have multiple primary residence on paper?

  • @johnntzouropanos2831
    @johnntzouropanos2831 7 หลายเดือนก่อน

    But let's say everything goes wrong what are you going to do with all this debt ? This is what scares me

  • @Vfuse1
    @Vfuse1 2 ปีที่แล้ว

    I got a question, you can do all this without a real estate license?

  • @ThaoNguyen-pn1nx
    @ThaoNguyen-pn1nx 2 ปีที่แล้ว

    Yeasss truly believe in what he said

  • @scottdavid6589
    @scottdavid6589 2 ปีที่แล้ว +20

    < I totally agree with what you're saying.... The fact is, BTC is the future of crypto and the questions teasers ask themselves now if this is the right time to invest? Before jumping into conclusion I think you should take a look at things first. For the past few days the price of BTC has been fluctuating which means the market is currently unstable and you can't tell if it's going bearish or bullish. While Others continue to trade without the fear of making lose, others are being patient. It all depends on the pattern with which you trade and also source of your signals. I would say trading has been going smoothly for me. I started with 2.5 BTC and I have accumulated over 11.6 BTC in just Three weeks, with the trading strategy given to me by expert trader Mrs Charlotte Junko Walsh

    • @scottdavid6589
      @scottdavid6589 2 ปีที่แล้ว

      🙂†𝟷𝟸𝟻𝟹𝟿𝟾𝟽𝟼𝟺𝟻𝟺▆ ▇ ▆ ▇ █

    • @mike6348
      @mike6348 2 ปีที่แล้ว

      Trading as a newbie is quite stressful and discouraging but after linking up with Expert Charlotte Junko Walsh my financial situation changed

    • @alexandermaxwell3840
      @alexandermaxwell3840 2 ปีที่แล้ว

      I got a chance to benefit from his services a few months ago and it has been a very smooth experience...

    • @shaunjessen8131
      @shaunjessen8131 2 ปีที่แล้ว

      @@scottdavid6589 No one, No One, can argue Mrs Charlotte Junko Walsh at least currently, the best out there, even when Bitcoin is looking bearish with the market sentiment swinging low. But they kept us grounded with their real analysis, just the facts in the charts

    • @markguyder6122
      @markguyder6122 2 ปีที่แล้ว

      Mrs Charlotte Junko Walsh daily signals is top-rated and one of the best you could get when it comes to trading crypto.. Bitcoin to the moon

  • @steven5221
    @steven5221 2 ปีที่แล้ว +1

    Smart

  • @shanebuenaventura1593
    @shanebuenaventura1593 2 ปีที่แล้ว +2

    Mr Robert Bruce Arthur is the best, recommending him to all beginners who wants to recover losses like I did

  • @CanadaKethes
    @CanadaKethes 2 ปีที่แล้ว

    Great

  • @anniejulie3140
    @anniejulie3140 2 ปีที่แล้ว +1

    I'm new to cryptocurrency and I don't have a knowledge on how to trade on Cryptocurrency. Where can I find a legit broker? that will manage my account and also teach me how to trade.........

    • @fredroy4582
      @fredroy4582 2 ปีที่แล้ว

      Check up Sophia Micheal. She's really one of the best and legit traders available right now.

    • @royjohn2221
      @royjohn2221 2 ปีที่แล้ว

      I started my investment with Sophia Micheal few week ago with $2000, now I get a minimum of $6000 weekly. Most of my friends trade with her.

    • @anniejulie3140
      @anniejulie3140 2 ปีที่แล้ว +1

      @@fredroy4582 Please how do I contact this Mrs Sophia Micheal, I will like to invest with her also*

  • @78hopper
    @78hopper 2 ปีที่แล้ว +1

    What happens when the real estate market crashes and your portfolio loses 50% of it’s value overnight?

    • @princephillipsashes6443
      @princephillipsashes6443 2 ปีที่แล้ว

      Insurance

    • @michael.saint-cyr
      @michael.saint-cyr 2 ปีที่แล้ว +8

      If your portfolio has tenants, they still pay your mortgages and you still continue to get cashflow!

    • @mulliganstew72
      @mulliganstew72 2 ปีที่แล้ว +2

      You wait it out.

    • @compramostucasitallc
      @compramostucasitallc 2 ปีที่แล้ว +5

      Only affects you if you sell, just keep renting it and keep paying the mortgage

  • @willytorrez990
    @willytorrez990 2 ปีที่แล้ว

    Help me. Please

  • @polo9559
    @polo9559 11 หลายเดือนก่อน

    Kris I want that shirt

  • @larenzgarrett4936
    @larenzgarrett4936 ปีที่แล้ว

    I suppose interest means nothing to this guy.

  • @anntiup
    @anntiup ปีที่แล้ว

    HUUUUM, 👍 👍 🏆

  • @frankwoods135
    @frankwoods135 ปีที่แล้ว

    That shirt looks like you got it at Gen x man need to work on your style a little bit man

  • @seanhawley9855
    @seanhawley9855 2 ปีที่แล้ว +4

    This season has been really great 😇 I was able to build a big income stream investing with Mrs Fiona Cosmann, . You’ve changed my whole life, Thanks so much

    • @nathanielconnor9048
      @nathanielconnor9048 2 ปีที่แล้ว

      Wow, amazing to see others who trade with Mrs Fiona Cosmann, I'm currently on my 5th trade with her and my portfolio has grown tremendously.

    • @benandersonn12
      @benandersonn12 2 ปีที่แล้ว

      I invest with Mrs Fiona too, she charges a 20% commission on profit made after every trading session which is fair compared to the effort she put in to make huge profits

    • @victoriarodriquez5276
      @victoriarodriquez5276 2 ปีที่แล้ว

      I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much.

    • @seanhawley9855
      @seanhawley9855 2 ปีที่แล้ว

      @Mary Jane You can communicate with her on telegam with the user name below

    • @seanhawley9855
      @seanhawley9855 2 ปีที่แล้ว

      investwithcosmann💯

  • @grantgrant7838
    @grantgrant7838 2 ปีที่แล้ว +1

    First