With Bitcoin, every transaction is publicly verified, so many risks are eliminated, including chargeback fraud or 'friendly fraud.' This is when a customer purchases something online with a credit card; waits to receive the goods or service, then requests a chargeback refund. The bank then forcibly takes the funds out of the merchant's account.
This seems like the worst investing period. Started investing recently when the market prices were a bit high, today I am more than 60% down! Hopefully, the markets will go back up.
You should have used a Robo-investing platform or copy-traded Charles Matthew Alsip or any other regulated expert. As a complete beginner myself, I have made over $30K in less than 5 months with him.
Rebecca Lindsay that true. But I am 19 and I am pre approved for a 100k house here in Missouri. If you begin working on your credit and savings early you can do it.
If that’s what you got out of that, don’t invest. Co-sign because he bought in a high price area. Hence my reference to someone who can get a house in their area for 60k not needing a co-signer.
For people thinking of going to college and think they can't afford to do this, do what I did: Step 1. Get a part-time job in high school Step 2. Save up enough for 5% down Step 3. Buy a property Step 4. Go to college and have your roommates pay your mortgage house hack!
One key thing you left out: Get a secured credit card at 18 and build perfect credit by buying small items and paying them off on time. NO ONE will give you a home loan if you have no credit.
For all the people who are asking how he got a 300,000 loan with 8$/h income, his father co-signed the loan so they saw it as his father's income is paying the loan and his father got 1% of the property
Lmao. “I did it all with my hard work and dedication! And my fathers promise to the lender he would shoulder the loan should I probably fuck up!” This guy is full of shit
Ya, they make it seem so easy, except I know basically no one that would go sign on a loan for me. Took me 5 people just to find someone to co-sign for a 20k loan for college. It’s not that people don’t think I’m trustworthy and won’t pay it off, people just don’t want to make that big of a decision when it really doesn’t do anything for them. It doesn’t concern them at all so they don’t want it.
Investing in various sources of income that are independent of the government should be the most essential thing on everyone's mind right now. especially in light of the global economic crisis at the moment. The time is still right to invest in stocks, precious metals, such as gold and silver, as well as virtual money.
Big moving stochastics are not the secret to high returns. It involves controlling risk in relation to reward. Putting on the proper size and spinning your edge as many times as required to achieve your objective. That is valid for both day trading and long-term investments.
@@caseygeach9052 As an investor, you should be aware that even with the best strategy and resources, some investors would still outperform others. In my case, I needed to consult a market analyst for advice in order to grow my account to almost $1 million, withdraw my profits just before the correction, and start buying again.
@@taxuantrung3268 I just Googled her name and her website came up right away. It looks interesting so far. I'm going to book a call with her or write her and let you know how it goes. Thanks
I’m about to be 18. I’ve been homeless for a really long time. I had dropped out. We got a camper around a year ago. I’m working towards my GED. I want to be able to afford my own apartment and stop mooching off other people and take care of my mother one day. I just discovered your channel man and I’m ready to work my ass off, just want to make sure I’ll be making the best out of my time. I don’t wanna be working for barely nothing. Wish me luck and wish me opportunities fellas. I’ll try to check back here in a year or so to let you know how I’m doing
If your near kansas you could room with me and I’ll get you a good paying job to get you back up on your feet and we would save a lot of money my old roommates are moving out in September and you’ll only pay $500 a month
We are already in a big crash Inflation is a catastrophe. This CPI report is a colossal failure. To bring the housing market to a halt, the FED will have to pull all the stops. The unfortunate issue is that other markets are being decimated. If you want to stay green, you have to rely on a lot of diversification. Currently up 14% and being careful. Still a better deal than leaving it in a savings or checking account yielding 0-1 percent interest.
Whichever firm you select, make sure you get your insurance from a reputable financial adviser, such as *PRISCILLA DIANE AIVAZIAN* who has dedicated her career to financial planning. Because they will assist you in escalating, navigating better, and completing the task in a safer manner.
@@harrisonmichael5047 I want to build a diversified portfolio based on my personal income. I am easily triggered/highly emotional, which could be detrimental to my portfolio. I hope I am a patient and systematic person. day trading is not for everyone and multiyear holding is not for everyone. I know my strengths that's why I need proper guidance to be able to venture
@@georgerobinson2021 I have saved myself from all the hassle that chaotic market causes. These days the best way to come into the market space is by reading, studying, being patient, and seeking guidance when necessary, due to my line of work I can’t handle my portfolio so I just copy the trades of my FA. I saw her on Bloomberg business news. It’s been smooth since then.
I suggest you offset your real estate and get into stocks, A recession as bad it can be, provides good buying opportunities in the markets if you’re careful and it can also create volatility giving great short time buy and sell opportunities too. This is not financial advise but get buying, cash isn’t king at all in this time!
You’re right! The current market might give opportunities to maximize profit, but in order to execute such effective transactions, you must be a skilled practitioner.
@@reginastanfield7061 On the contrary, even if you’re not skilled, it is still possible to hire one. I am a project manager and my personal portfolio of approximately $750k took a big hit in April due to the crash. I quickly got in touch with a financial-planner that devised a defensive strategy to protect and profit from my portfolio this red season. I’ve made over $150k since then.
@@chrismillson2779 I need guidance so i can salvage my portfolio due to the massive dips and come up with better strategies. How can I reach this advisor?
@@feliciacameron9531 Having a coach is key in a volatile market, My advisor is “Susan Agnes Hancock” You can easily look her up, she has years of financial market experience...
*----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------If youre looking for ways to invest and earn decently send a mail to PROINVESTORSCLUB13@GMAILCOM, he is the best broker in the market right now*
*----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------If youre looking for ways to invest and earn decently send a mail to PROINVESTORSCLUB13@GMAILCOM, he is the best broker in the market right now*
In 2017, people have realized there isn't going to be one crypto to rule them all. You're seeing vertical solutions where XRP is focused on payment problems, Ethereum is focused on smart contracts, and increasingly, bitcoin is a store of value. Those aren't competitive. In fact, I want bitcoin and Ethereum to be successful.
*If your investing experience is less than 10 years start with 5-6 portfolio. Don't bet big on any single company, learn the process first. Initial diversification is not bad, it really worked for me during my early years. Remember that protection of capital is a must. Good luck*
OUTSTANDING ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------Been waiting for someone to come here and give me the best nvestment of my life and god bless EXTREMETOPPERS🟣COM came through , do not hesitate to make the first move guys, it’s worth it came through , do not hesitate to make the first move guys, it’s worth it
OUTSTANDING ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------Been waiting for someone to come here and give me the best nvestment of my life and god bless EXTREMETOPPERS🟣COM came through , do not hesitate to make the first move guys, it’s worth it came through , do not hesitate to make the first move guys, it’s worth it
When it comes to investing, we want our money to grow with the highest rates of return, and the lowest risk possible. While there are no shortcuts to getting rich, there are smart ways to go about it
You're very correct, i was able to make a profit of over $428k within 3 months investing with the trade signal of an expert broker. it was really a smart move.
@Milk2Percent because government indoctrination abuse centers dont teach how to use money they promote dependency just like the parents dependent on them for daycare and what they call education.
This is Kevin at his best. I love seeing how he and his wife started. It is shocking how easy it is to create wealth in real estate with effort and patience.
Like the analyst, I am positive about Bitcoin. I am sure that now it will begin to develop rapidly, it's very difficult to give an accurate forecast, but I prefer to trade my Bitcoin and accumulate more.
@Sun Abelarda .I have been trading with Mentor Derek Mia Scott for a while now she is really amazing and trustworthy she's has the skill level of trade always winning with her trading platform.
@Sun Abelarda .Take my advice ( don't trade )buy or hold for years then get retired. You don't want all the stress and crazyness involved in trading. Don't believe the is formula
Think of Bitcoin as a bank account in the cloud, and it's completely decentralized: not the Swiss government, not the American government. It's all the participants in the network enforcing.
I'm investing. I'm taking a lot of bitcoin, selling it as the price goes up, and putting it into real estate. Because then if bitcoin goes to zero - which, it's an experiment, it could - I won't be on the street.
Choosing the right industry to invest is very critical, Most times, it amazes me greatly how I moved from an average lifestyle to earning over $83k per month. Utter shock is the word. I have understood a lot in the past few years to doubt that opportunities are bound in the financial markets. The only thing is to know where to focus.
@@zombie15ish That won't bother you if you trade with a professional like *Mr Gary Mason Brooks* my coach, you may have come across him on interviews relating to bitcoin. He trades, manage trading account and offer mentorship program for clients who wish to become professional investors.
Wow I can't believe you guys are discussing about *Mr Gary Mason Brooks* , I once met him at a conference in California 2019, just before the pandemic. I can testify that he’s very good in trading..Highly recommended.
@jasonlauu Yes i do, I've known him for couple of years , I'm still using his services , His management team is quite impressive so far.... with my $15,000 deposit, I made over $288,000 profit with just 10% charge.
This video has changed my life. I already bought my first property and am about to begin the BRRRR process in 2021. It's a fixer upper that I plan to live in and start working on while juggling my fulltime job. The bigger goal is to get my momentum going strong enough to quit my job next year. Thank you so much, Kevin. This information is priceless.
So let me make sure I’m following correctly. The goal is to add value with the rehab to then refinance and use the added funds as a down payment on the next property??
Just to say many thanks for a very positive meeting yesterday. Hilly and I came away feeling well satisfied that we are able to continue enjoying life without too much stress on the old finances and should be able to carry on with our present lifestyles for some time to come. Very satisfied with the way you are managing affairs and hope this will continue into the future, Vladimir corp is the future
The weed comment was perfect!! I’m glad you got that!!! You’ve made me find ways to have 24k in cash in the last 3 months of watching your channel! I have a wife and 5 children and we have always been month to month with -500 dollars in my account just this past Feb 15 i was that much in the hole... your information has changed my family’s future!!! Thank you!!
For some un godly reason I could never figure Out why every month I was always using my over draft protection in my account and still not doing well. Just watching his videos and getting every extra $200 I had into stocks now I’m loading 2k plus more into my stock account every two weeks... little by little you can save but you have to make it work for you. The interest I get in my Webull account is over a $1 a day now. That’s multiplied even more when I invest in stocks! act.webull.com/t/aQ6KBW6Qo4Ko/83v/
If you wanna be successful, you most take responsibility for your emotions, not place the blame on others. In addition to make you feel more guilty about your faults, pointing the finger at others will only serve to increase your sense of personal accountability. There's always a risk in every investment, yet people still invest and succeed. You most look outward if you wanna be successful in life.
Success is grace and favor not hard work alone. I am successful today in the ways and manner I invested my daily earnings, and let's stop always looking inward.
Currently the rich stay rich by spending like the poor and investing while the poor stay poor by spending like the rich yet not investing like the rich
Yeah, my first investment with Expert Mr Arthur gave me profit of over 24,000 Us dollars and ever since then he has never failed to deliver,I can even say he's the most sincere broker I've known
The hard money lenders I've talked with want 10% down and they check your credit. So for ppl that are watching...keep that in mind when talking with hard money lenders.
*Its never too late to start somewhere guys , anywhere no matter how little , it's all about making moves because believe me the future is not going to wait around for any of us*
*I believe Bitcoin is a very convenient way to shop and to transfer money to any account around the world. Governments should work around a framework for the currency instead of putting restrictions on it.*
I'm not really into real estate but i really don't like the fact that most times the ends are small when compared to for example the stock and hedge funds. On my smallest investments i make about $4.5-$4.2 depending on the market a month.
Please allow me to disagree there. I actually invest in both of them although I've been the real estate market for a while, i would have guessed it's more lucrative when placed with wall Street investments.
I think both investments are profitable, it all depends on your approach and how much you're willing to begin the investment. Also how you fo about it will determine if you're making profit or not.
Yeah in developed countries stock is much better and safer. But where I live, real estate used to be worth peanuts 2 decades ago but now there are hundreds of millions worth of infrastructure being built every year so real estate is skyrocketing doubling in value every few years
@@eddieparker4529 I totally appreciate you coming here with this recommendation, I reached out to hovik, I'm already making something out for myself this year. Thanks
Bitcoin is amazingly transformative because it's the first time in the entire history of the world in which anybody can now send or receive any amount of money, with anyone else, anywhere on the planet, without having to ask permission from any bank or government.
Then invest out of state in a more affordable market like the Midwest. You can buy a home for $50,000 in some cities that cash flow instantly. Where there is a will, there is a way.
I'm on my fourth viewing of this video and you have to be really careful as he glances over some of the most let's say undesirable parts of this deal: principle pay down, moving in after the 90-day reno (a tenant wasn't paying), the impact these credit transactions have on credit score, the money necessary for all associated transaction fees, the legal work necessary to rent out a property, the risk of defaulting on the 375k-ish worth of loans, the risk of the hard money lender pulling your loan, and the yatayataing of having twenty percent down by the time the house was appraised at $550,000 dollars just to name a few. Meet Kevin months ago I watched this video and it gave me hope that real estate was a viable entry point to financial investing with a low capital expense. Now I realize this is a really good way to go bankrupt if you don't have four to five key things line up perfectly and if this is your origin story you are a very very lucky man. TL;DR- He didn't make as much money as he says he did in the video and he could have very easily gone bankrupt on this deal
Dude seems to be massively over leveraged, and in an economic downturn he could easily get burned. That’s how Dave Ramsey lost his money in real estate.
Man...over two years since this video came out! I remember watching this video when it came out. Time flies!!! Also, I was hoping this educational video series would've continued.
I got my first deal with 1500 for appraisal and inspection out of pocket... Closing cost paid by seller and FHA put 5% Down for me... This is highly possible... you just got to have the right Realtor that knows to work all angles of the programs available... The seller (Fannie Mae) even rehabbed the house for after me to keep the deal together.... Properties like the one he is talking about the seller chances are more willing to pay closing cost if it’s negotiated right!!!
Things must have dramatically changed. Im closing now, im getting a 175k loan, im still at 10k closing costs with a 3.5. my pmi is financed but no one in this area is paying closing costs. Matter of fact i lost bids on house and i increased asking price by ten percent. Still lost. I had to just to next higher bracket to win a bid. But like i said 10k closing on half the amount of house he did.
Jason Harvey Kevin and Graham always skip these, I am sure there are instances where u dont pay those costs but you do more often than not. They also skip the fact that they were already inside a real state circle from family or close friends, is not easy as to just buy and sell a house like they put it
His wife had full time income also. Kevin was and is persistent. Banks and your credit score are not allowed to take into account your age. ---fact---- Banks are not allowed to age discriminate.
@@rickkern5785 he said he lived in his girlfriend's parents house. So even if he was married, would giving 2 kids with minimum wage jobs score a 300k house be possible with 10 grand?
@@FutureLaugh Absolutely.. They are making 35-40k per year and have great credit and have 10.5k down. $1600 per month. Loan is no problem. He went through a ton of paper work to get both loans also proving he was worthy.
As one with $5000 or a little above it and given the present economy , is it better to invest into Real Estates, crypto, gold or into Stocks. Which would yield better output. Considering a young mid income, short term person living in the US with less time on my hands?
Has got to be Stocks but of course, you have to be well informed on the right ones or better still, get a pro to handle it for you (that way, you save time and minimize risks). Made my first million this way earlier this year. One more thing, one can wake you up by 2am to complain about a leaking pipe, the other can't.
@@danielchen2857 Very sound advise! I have been into both for long and though I won't say I have lost a fortune, I have squandered quite a lot... If it's not a problem, do you mind recommending the pro you worked with? I could definitely use the help of one right now... I look forward to your reply...
@@davidblakes4952 Funny enough, I can honestly relate. Nobody said it was easy as it took some level of decisionness and discipline. I don't know if I am permitted to drop it here, but her name is "Leah Marie Sandock". Was in the news a lot in 2018. You may look her up for more.
@@danielchen2857 Wow I know this little lady. Once attended a seminar she was also in attendance in Madrid,, She's American though, I doubt she works with foreigners,,,
chase2910 aw man each time i get close to purchasing a home, there’s significantly more issues with the home than expected. Wood frame, no foundation, etc. not normal rehab stuff, but issue stuff. But the hunt continues!
Jay 2Z I use mostly sites like Zillow and Realtor.com, i have looked at marketplace/craigslist before, but it’s not my favorite. One day i will probably get my license (bc why not lol) and i will be able to look at the MLS
@@nwilt7114 His girlfriend had to be making $20/hr or so - they had to have combined incomes of $30/hr in order to qualify for $300k. Today, you still can only get 200k house at $30/hr or 57k per year - they might have had her parents co-sign. -- it is EXACTLY where I am at now is where he was at 20 and I will still buy something that needs some simple updates like he suggested in an area that has homes around 200k - 250k - pick up my first home that needs a little work for like 145k and then update it with such things as- the cheapest track lighting and have the counters refinished (not new - just refinished) and tear out carpet and new paint and rent it out the first year with me living in it- pay off a big chunk by hard work and renting it out plus my other tenant income from my mobile home - $1350/m and my income from my job and build equity (should take a year with boarder tenants ) to build 25k equity or so and now fix that up - ARV $250k and then -- borrow from that for a down payment on another house around 300k and then DO IT ALL AGAIN -- rentout 2nd home and live in the first still and fix up before renters move in. Build equity - through tenant income - borrow from the equity - use that to renovate the house beautifully and bada boom! My second house is now worth about 1 year from when I bought it -- 400k. and I still have tenants living there paying my mortgage. Now with the next house - I could just flip the house after some quick renovations (basic as always) and sell it off fast for quick cash - Wash--rinse--repeat.
This is how I bought my first property... I called it “ Being ok with any outcome”. If your ok with whatever the outcome might happen... It’s a deal!!!!
Yeah I found out that whenever you don’t really care or focus about what happens to that money that’s when you make the most because nothing is holding you back.
Sir, you skipped some very important information. 1) How much was your total income ( you and Lauren)? 2) Did you have a co-signer? 3) How did you get the original loan for $355,000 making $9/hr? 4) What was the monthly mortgage payment? 5) How did you afford a $355,000 then $440,000 loan payment on that income? How in the world can the average person do this? It doesn’t seem possible without someone backing you. You had to have someone helping you with that first deal.
when you use a property as a business and the bank sees potential income they will give you the loan. on 9 an hour if you go to the bank and say I want to buy and live in a 355k house they will laugh in your face regardless of race. if you convince the bank you will rent out the property or flip it or both and make profits during ownership and they believe it and see the potential themselves they will give you the loan *regardless of race*
I watch Kevin's videos here and there, but I'm not subscribed because I don't care about every single topic he talks about. But anyway, I saw the thumbnail for this video and was like "Wh-....wait, is that a D Med? And a crossbow?? This rich dude who I take advice from also plays/played Runescape? Sick!" Lol.
23 y/o and literally just did this Kevin! I didn't watch this video before hand but I'm lucky it worked out the same. 10k at 3% on an FHA for an undervalued property that luckily needs no work. It really is all about committing like you said. And the pre-approval saved my a** haha.
I’m 19 and This pandemic put me down in ways I never knew I could, but today was my first day looking at the market again trying to find a good deal. This video really helped and pushed me forward. I really appreciate what you do :)
Digital currency. ANYONE can get a bitcoin loan from someone who has the funds with a smart contract. No banks, no middle man. You dont have to have good credit, or any credit for that matter. Heck you can have bad credit!. You can borrow that money, and than, loan it out and make money on it yourself!
Get a credit card, if your cars payed off take a loan out on it, there’s so many options to build credit. Don’t listen to this guy, I figured out this in the first 60 seconds. The most important thing is to think, analyze everything and trust no one. Good luck!!
That would also be a idiotic move to put all your eggs in one basket. Its nice and dandy in hindsight, sure, but hindsight is 2020. With how volatile that stock is, it would be absolutely retarded to put your life savings into a single stock like that.
Technically he could have turned 10.5k into 1.13 million, but 1: No way he could have known about how Tesla would progress 2: It took 10 years, whereas he did this in 3 months.
Kevin, you provide a lot of insight but I am still very confused as to how you did this. Can you please elaborate on a few things 1) You are not allowed to rent out your property with an FHA loan with a 3.5 % down payment so if your thinking that worst case scenario you cant make the payments you can always rent it out that's wrong you will in fact lose your home. You need a minimum of 25% down payment if you have intentions of renting out your property to someone else and it would not be an FHA loan it would be a buy to let. 2) Assuming you decide to buy a home to sell on an FHA you are required to own the property for at least 90 days before you can sell. That is for a standard FHA loan. You are saying you got a 203k loan. 3) You are not allowed to sell a house in 90 days with a 203k loan. With a 203k loan you are required to live in the house for at least 1 year. 4) You said you used a hard money lender to make renovations. Renevation cost are not an option after the loan. Renovation costs are factored in to the initial loan you take out for the home. Can you please help me understand how you made 100,000 with just a little over 10k.
@@Vosmalus Kevin - at least - so far - is not giving us a reason to think otherwise - but he did open the books showing us his net worth. What I am saying is; he had to have figured out SOME mysterious way to get where he is today.
I like your reply as it is much more well thought out than other ;) I found this as you also made me take a look into what your saying as well (see below). I think you can do this in combination of a wedge deal or duplexes ... please let me know. www.investopedia.com/ask/answers/112515/can-fha-loans-be-used-investment-property.asp Dual Purpose Another way to use an FHA loan to buy an income property is to purchase multi-unit dwelling. The FHA allows homeowners to buy a property with up to four units, provided one is owner-occupied. There is no limit to how large the lot size may be, though. This way, the owner is able to live in one unit, making it an owner-occupied property and, therefore, FHA-eligible. The owner can rent out the other unit(s) for income. A savvy investor in a hot rental market sometimes earns enough income using this method to live in the home for free. As noted above, the FHA lends up to 96.5% of the appraised value, meaning the purchaser can put as down little as 3.5%.
Getting a way to make income without having to leave home isn’t exactly as easy as you all think it is , talk is cheap and it’s sure easier said than done , I have my source , and I would rather stick to that, it pays well, even my stepdad quickly joined before it’s too late
@Jessica Austin I recommend Mrs Victoria Q. Wilson of UCLA Anderson. she's quite exceptional when it comes to this and her methods are working for me at the moment
@@bobbyjames5414 Ever since I lost my job with the ministry, I have been surviving through my investment with Miss Victoria, I'm so glad I invested when I did.
@Chris Morgan I saw the recommendation but I didn't bother chatting her up, I keep losing really I still don't understand how the forex market works though
I thought it was a scam, until I invested $20000 with Crypfundsinvest.com and I cash out $50000 and still have much left, Thanks to crypfundsinvest.com
Many people have become millionaires trading because with the leverage invovled in trading, people can make a fortune or lose it all very quickly so you need care
@@inix2057 I don't trade myself as I mentioned earlier I use an expert for that Mr ravies Benjamin which is why I earn because of his outstanding strategies
Stock broker knows the trends of the stock market. He keeps up to date knowledge of the stock market. He also keeps information on all the financial developments made by the brokerage firm. So, it is very important that you always seek the advice of a good professional stock broker so that you can keep yourself safe.
Your best video. NOW we all know how you started because we watch your videos! Thanks for this one. P s sorry in one of your last ones you lost money. May you make it back tenfold🌞
Yeah, i watched the video, but don't understand the 100g in pocket when that went back into the refinance to get rid of the mortgage insurance, leaving him with a pocket value of 0, and an estimated 2500/ month mortgage payment if it's a 30 year fixed. At 19, that's one hell of a job to be able to swing that payment. Maybe I missed that part. Or maybe we are all watching this video thinking everybody's situation is the same. I like the information on leveraging 10 grand on a house, but thinking it oversimplifies. 10 grand and some loan magic is not going to get you the house. 10 grand, and hard work leading up to it and continuing through it... maybe.
Hey Kevin I just wanted to thank you for all the videos. I found your channel a few years back and it’s because of you I decided to get my license and became a real estate agent. Your videos and programs are all informative, interesting and easy to watch. You’ve done nothing but help me learn and make me smile and laugh and for that you have my thanks. It is difficult to say how much I value you and what you've taught me but because of you and I've grown into someone I can respect. Also nice new set keep it up my man!👍
I wouldn’t doubt it at all. I know for a fact the power of a little percentage here and there on a good net worth, what’s more when you let the public know how much you started with, it gets so puzzling. I got into wall street investing. First couple of months was more of losses Along my research I came across some analyst he got me investing on stocks fix and in eight months of compounding profits I’d gotten six figures withdrawn believe it or not. To think I put in 77K GBP at the onset... It’s very possible Great video sir👍👍
I also know for a fact real estate investments are not as complicated as that of the trade market. I also trade the market and I can tell you madam you can just earn like so except you’re some pro.. are you a pro? What’s your method?
On the contrary sir. One does no go about investing on the trade market as a newbie on the market. Study study study Nevertheless making profit is priority. I’m in contract with a pro analyst. He gets commission on profit I earn for eleven months I’ve been making good ends in my investments as I learn. Do get to his page if you want more info hovikmorte. com I’ll take it over real estate any day perhaps in the future lol
My questions: The extra 100k from refinancing out of the FHA loan-isn't that still money you have to pay back from the new loan? I like the benefit of the extra liquidity from the refinance, but I'm ultimately questioning if I want to borrow the extra cash just to have (a lot) more liquidity...unless the real objective is going full throttle with an income property by means of the extra liquidity. You used that $100k to buy another property for income. Was that income property meant to eventually pay for the mortgage payments for both primary resident and income property? Thank you!
The answer is yes! The $440,000 loan is a new mortgage. Your payments will increase unless you get the loan at a much lower interest rate. That being said, he is using this model assuming he is going to rent the property out so that a tenant will really being paying off the loan. Another thing you don't want to forget about is closing costs. Even though he states it was 100k in his pocket, at some point he had to pay closing costs of between 3-5%. This means he actually got around 80-90k if he rolled the closing costs into the new mortgage or he could have paid them out of pocket which is not discussed in this scenario. Hope that answers your question.
Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. The stock market has plenty of opportunities to earn which I myself took advantage of. I made my first million from going diverse, mainly ETFs(stocks, bonds etc), coins, and gold. I'm also working on an investment plan that includes NFT's. It's been a year and half of steady growth ..
I copy trades from "Marian Elizabeth Christiana", a government regulated trader in the US. Met her sometime last year in a start up funding event where she had a lot to say about the state of Algorithmic trading. love how she's able to find companies that have significant long-term growth potential and that are valued attractively relative to that growth potential.>
@@gy4998 *Marian Elizabeth Christiana* is quite popular on Bloomberg i doubt if there is anyone who is serious on stock trading that doesn't know her. She has helped me quite a few times in growing my portfolio and it was blissful without any setbacks. she is a tough person in an industry that demands clairvoyance.>
Picking the right stocks requires a lot factors and seems daunting for some. I was able to net over $560,000 in profit in the third quarter of last year. I achieved that because I followed her recommendations
Dude! I've been watching your content for a few weeks now and have been wondering why you look familiar. When you mentioned Ventura County it clicked. You're the guy I'd see driving around town in Ventura with your face on a prius! Ha! Happy to see you're doing well! Also, nice RS merch!
Taking the right step as a beginner in trading or investing requires lots of preparation, developing the skills and using proper risk management which is a psychological torture between fear and greed. My advise is don’t lose your hard earned money when there’re other ways to simply the process with the help of an experienced financial consultant who sees the entire structure of the market
To my understanding this just proves how much we need an edge as investors because playing the market like everyone else just isn’t good enough. I've been quite unsure about investing in this current market and at the same time I feel it's the best time to get started on the market, what are your thoughts?
Since the crash, I've been in the red. I’m playing the long term game, so I'm not too worried but Jim Cramer mentioned there are still a lot of great opportunities, though stocks has been down a lot. I also heard news of a guy that made $250k from about $110k since the crash and I would really look to know how to go about this.
it all depends on how long you're willing to hold for and your strategies, stocks might likely tank further, but making serious gains in this downtrend shouldn't be a problem if you're a pro
Some folks missed the part when you mentioned you had a co-borrower. Do you have a video on group economics? That would be a great topic to touch upon. Also, you did not mention how you paid for the closing cost. Did your co-borrower pay for it or did you have to find additional funds elsewhere?
How did you find this deal? These deals are super hard to find today. There are SO many investors like myself looking for them. How did you qualify for the loan w your income? California appreciation is not comparable to the rest of the USA. You should really make that clear.
Kevin is full of it . Nobody will loan him anything if he’s working $9/hr and only have 10k cash to down on 300k property , especially the interest is higher back then. With $9/hr, You only make $1440/month before tax . 300k with 3.5 % down, his mortgage must be about $ 3k/month with the interest back then . Kevin was born with a silver spoon and his family co-sign for his deal, can’t you tell ?
Hello. I'm actually looking for a good trader that can help me trade and make good profit, I've been seeing so many recommendations but i don't think they're trusted. Please do you have any recommendation?
I have been seeing so many recommendations about Meghan Taylor on Instagram and telegram trending, her strategy must be good for people to talk about her
@@leonardlee7691 my cousin recommended her to me. He has been investing with her for some months now, but he earns just 60% of whatever he invests in a week which i think its too low, I've seen other traders who offer to give you 300% of whatever you invest
You can do it too!
I had no idea where to start I’m watching your channel like I’m learning a new language
Building my first house at 19! 6% down with 40k in government incentives. Your content has given me the confidence to go into real estate
I'm excited to watch this!!
@@hutzenterprise1979 Stick with it. Kevin is the best and you will learn so much from him.
If meet Kevin will lend me $10,500, I will follow his advice and return the loan plus interest
Been following you for about 4 years now. This Friday just bought my first house at 19 as well :))
Waiting for foreclosures let's get this money
Bro how tell me what you know
Congrats bro!
@@EdgarLO33 I don’t think we’re entering foreclosures anytime soon... 2008 happened only once and one time only
70% of millionaires today are investors.
With Bitcoin, every transaction is publicly verified, so many risks are eliminated, including chargeback fraud or 'friendly fraud.' This is when a customer purchases something online with a credit card; waits to receive the goods or service, then requests a chargeback refund. The bank then forcibly takes the funds out of the merchant's account.
This seems like the worst investing period. Started investing recently when the market prices were a bit high, today I am more than 60% down! Hopefully, the markets will go back up.
You should have used a Robo-investing platform or copy-traded Charles Matthew Alsip or any other regulated expert. As a complete beginner myself, I have made over $30K in less than 5 months with him.
@A. F. Luke Lol. I am one of them... Started last year wish I had known about him earlier.
It's the market, if you can't be on it on the bad days, you shouldn't be in it at all.
@@lebronj5491 who is Charles matthew Aldi’s and how do I find or follow him
We want more of these! The specifics make all the difference for me.
He didn't mention it in this video, but he was only able to buy this property cause his dad had co-signed. So many of us don't have this privilege
Rebecca Lindsay that true. But I am 19 and I am pre approved for a 100k house here in Missouri. If you begin working on your credit and savings early you can do it.
@@iqinsanity so it is a requirment to have a co-sign in the CA?
If that’s what you got out of that, don’t invest.
Co-sign because he bought in a high price area. Hence my reference to someone who can get a house in their area for 60k not needing a co-signer.
Mason S how long did you work on your credit in order to get pre approved ? Got a credit card not too long ago
For people thinking of going to college and think they can't afford to do this, do what I did:
Step 1. Get a part-time job in high school
Step 2. Save up enough for 5% down
Step 3. Buy a property
Step 4. Go to college and have your roommates pay your mortgage
house hack!
blkmase with your parents credit of course
Go to community college for the first 2 years.
midnight816 yes!! I was able to finish my AA at 17!
One key thing you left out: Get a secured credit card at 18 and build perfect credit by buying small items and paying them off on time. NO ONE will give you a home loan if you have no credit.
SMS this guy apparently did it at 19 with a minimum wage job
For all the people who are asking how he got a 300,000 loan with 8$/h income, his father co-signed the loan so they saw it as his father's income is paying the loan and his father got 1% of the property
So true there's alot of false informative videos here on TH-cam
@@MegaWatching That’s why you need a high paying job before you can flip homes. This is why you go to college, trade school, etc.
Lmao. “I did it all with my hard work and dedication! And my fathers promise to the lender he would shoulder the loan should I probably fuck up!” This guy is full of shit
Ya, they make it seem so easy, except I know basically no one that would go sign on a loan for me. Took me 5 people just to find someone to co-sign for a 20k loan for college. It’s not that people don’t think I’m trustworthy and won’t pay it off, people just don’t want to make that big of a decision when it really doesn’t do anything for them. It doesn’t concern them at all so they don’t want it.
wauww this is actually very interesting. they never tell the complete story:(
Investing in various sources of income that are independent of the government should be the most essential thing on everyone's mind right now. especially in light of the global economic crisis at the moment. The time is still right to invest in stocks, precious metals, such as gold and silver, as well as virtual money.
Big moving stochastics are not the secret to high returns. It involves controlling risk in relation to reward. Putting on the proper size and spinning your edge as many times as required to achieve your objective. That is valid for both day trading and long-term investments.
@@caseygeach9052 As an investor, you should be aware that even with the best strategy and resources, some investors would still outperform others. In my case, I needed to consult a market analyst for advice in order to grow my account to almost $1 million, withdraw my profits just before the correction, and start buying again.
@@taxuantrung3268 that's amazing! My portfolio has taken a severe hit, so I could really use their knowledge. Who is the one directing you?
@@ebenezerdsouza2105
@@taxuantrung3268 I just Googled her name and her website came up right away. It looks interesting so far. I'm going to book a call with her or write her and let you know how it goes. Thanks
I’m about to be 18. I’ve been homeless for a really long time. I had dropped out. We got a camper around a year ago. I’m working towards my GED. I want to be able to afford my own apartment and stop mooching off other people and take care of my mother one day.
I just discovered your channel man and I’m ready to work my ass off, just want to make sure I’ll be making the best out of my time. I don’t wanna be working for barely nothing.
Wish me luck and wish me opportunities fellas. I’ll try to check back here in a year or so to let you know how I’m doing
Bro if you need nice job I can give you a nice job
@@Lowkeymusi where at bro
How’s it going after a month?
I am in new jersey
If your near kansas you could room with me and I’ll get you a good paying job to get you back up on your feet and we would save a lot of money my old roommates are moving out in September and you’ll only pay $500 a month
We are already in a big crash Inflation is a catastrophe. This CPI report is a colossal failure. To bring the housing market to a halt, the FED will have to pull all the stops. The unfortunate issue is that other markets are being decimated. If you want to stay green, you have to rely on a lot of diversification. Currently up 14% and being careful. Still a better deal than leaving it in a savings or checking account yielding 0-1 percent interest.
Whichever firm you select, make sure you get your insurance from a reputable financial adviser, such as *PRISCILLA DIANE AIVAZIAN* who has dedicated her career to financial planning. Because they will assist you in escalating, navigating better, and completing the task in a safer manner.
@@harrisonmichael5047 I want to build a diversified portfolio based on my personal income. I am easily triggered/highly emotional, which could be detrimental to my portfolio. I hope I am a patient and systematic person. day trading is not for everyone and multiyear holding is not for everyone. I know my strengths that's why I need proper guidance to be able to venture
@@georgerobinson2021 I have saved myself from all the hassle that chaotic market causes. These days the best way to come into the market space is by reading, studying, being patient, and seeking guidance when necessary, due to my line of work I can’t handle my portfolio so I just copy the trades of my FA. I saw her on Bloomberg business news. It’s been smooth since then.
@@harrisonmichael5047 how can I reach this person because I am in need of a better investment approach?
@@georgerobinson2021 Surf the web for her info it's easier to get on her webpage.
I suggest you offset your real estate and get into stocks, A recession as bad it can be, provides good buying opportunities in the markets if you’re careful and it can also create volatility giving great short time buy and sell opportunities too. This is not financial advise but get buying, cash isn’t king at all in this time!
You’re right! The current market might give opportunities to maximize profit, but in order to execute such effective transactions, you must be a skilled practitioner.
@@reginastanfield7061 On the contrary, even if you’re not skilled, it is still possible to hire one. I am a project manager and my personal portfolio of approximately $750k took a big hit in April due to the crash. I quickly got in touch with a financial-planner that devised a defensive strategy to protect and profit from my portfolio this red season. I’ve made over $150k since then.
@@chrismillson2779 I need guidance so i can salvage my portfolio due to the massive dips and come up with better strategies. How can I reach this advisor?
@@feliciacameron9531 Having a coach is key in a volatile market, My advisor is “Susan Agnes Hancock” You can easily look her up, she has years of financial market experience...
*I feel fulfilled knowing I have my kids future ensured , this is something that’s always been my top priority, seek help too guys*
*----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------If youre looking for ways to invest and earn decently send a mail to PROINVESTORSCLUB13@GMAILCOM, he is the best broker in the market right now*
*----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------If youre looking for ways to invest and earn decently send a mail to PROINVESTORSCLUB13@GMAILCOM, he is the best broker in the market right now*
In 2017, people have realized there isn't going to be one crypto to rule them all. You're seeing vertical solutions where XRP is focused on payment problems, Ethereum is focused on smart contracts, and increasingly, bitcoin is a store of value. Those aren't competitive. In fact, I want bitcoin and Ethereum to be successful.
XRp is the future
*If your investing experience is less than 10 years start with 5-6 portfolio. Don't bet big on any single company, learn the process first. Initial diversification is not bad, it really worked for me during my early years. Remember that protection of capital is a must. Good luck*
OUTSTANDING ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------Been waiting for someone to come here and give me the best nvestment of my life and god bless EXTREMETOPPERS🟣COM came through , do not hesitate to make the first move guys, it’s worth it came through , do not hesitate to make the first move guys, it’s worth it
OUTSTANDING ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------Been waiting for someone to come here and give me the best nvestment of my life and god bless EXTREMETOPPERS🟣COM came through , do not hesitate to make the first move guys, it’s worth it came through , do not hesitate to make the first move guys, it’s worth it
When it comes to investing, we want our money to grow with the highest rates of return, and the lowest risk possible. While there are no shortcuts to getting rich, there are smart ways to go about it
You're very correct, i was able to make a profit of over $428k within 3 months investing with the trade signal of an expert broker. it was really a smart move.
@maria sandra Tamara diane hagan , she has the best trade signal for stocks.
@maria sandra Look up with her name on the web
Agree. Check out how I turned $50K into $1M th-cam.com/video/YuTTO9NTfpw/w-d-xo.html
Rob a bank
Sorry TH-cam doesn’t push this kind of content as much. This is what we need though. Very helpful.
@Milk2Percent because government indoctrination abuse centers dont teach how to use money they promote dependency just like the parents dependent on them for daycare and what they call education.
This is Kevin at his best. I love seeing how he and his wife started. It is shocking how easy it is to create wealth in real estate with effort and patience.
@Milk2Percent I was a "normal" person for too long.
@@sjmom5119 I should've woken up a long time ago. Independence on one's self is more valuable than some forms of teaching.
@@sjmom5119 ㅇ
We work for years to have , $1million while some people I know put thousand of dollars in some meme coins and they are millionaires.
Like the analyst, I am positive about Bitcoin. I am sure that now it will begin to develop rapidly, it's very difficult to give an accurate forecast, but I prefer to trade my Bitcoin and accumulate more.
Despite the economy downturn, I'm so happy 😊 I have been earning $60,000 returns from my investment every 14 days
Great!! Is good to know you are making progress buddy keep it up
@Sun Abelarda .I have been trading with Mentor Derek Mia Scott for a while now she is really amazing and trustworthy she's has the skill level of trade always winning with her trading platform.
@Sun Abelarda .Take my advice ( don't trade )buy or hold for years then get retired. You don't want all the stress and crazyness involved in trading. Don't believe the is formula
Think of Bitcoin as a bank account in the cloud, and it's completely decentralized: not the Swiss government, not the American government. It's all the participants in the network enforcing.
I'm investing. I'm taking a lot of bitcoin, selling it as the price goes up, and putting it into real estate. Because then if bitcoin goes to zero - which, it's an experiment, it could - I won't be on the street.
How is that working for you now?
Choosing the right industry to invest is very critical, Most times, it amazes me greatly how I moved from an average lifestyle to earning over $83k per month. Utter shock is the word. I have understood a lot in the past few years to doubt that opportunities are bound in the financial markets. The only thing is to know where to focus.
I keep wondering how people earn money in financial markets, i tried trading bitcoin on my own made a huge loss and now I'm scared of investing more.
@@zombie15ish That won't bother you if you trade with a professional like *Mr Gary Mason Brooks* my coach, you may have come across him on interviews relating to bitcoin. He trades, manage trading account and offer mentorship program for clients who wish to become professional investors.
@@nyreggie-isb23 You allow people to trade for you ? that's interesting, I would love to learn, how safe is it….?
Wow I can't believe you guys are discussing about *Mr Gary Mason Brooks* , I once met him at a conference in California 2019, just before the pandemic. I can testify that he’s very good in trading..Highly recommended.
@jasonlauu Yes i do, I've known him for couple of years , I'm still using his services , His management team is quite impressive so far.... with my $15,000 deposit, I made over $288,000 profit with just 10% charge.
Being resourceful is clearly your superpower Kevin. It's highly underrated.
T•h•a•n•k•s f•o•r y•o•u•r c•o•m•m•e•n•t ❤️
I•n•b•o•x M•y W•h•a•t•s•A•p•p f•o•r m•o•r•e
G•u•i•d•a•n•c•e +1•6•5•7•3•0•0•3•6•9•0::::
This video has changed my life. I already bought my first property and am about to begin the BRRRR process in 2021. It's a fixer upper that I plan to live in and start working on while juggling my fulltime job. The bigger goal is to get my momentum going strong enough to quit my job next year. Thank you so much, Kevin. This information is priceless.
i wanna do the same, can you let me know how its going?
Amazing doing big things!
So let me make sure I’m following correctly. The goal is to add value with the rehab to then refinance and use the added funds as a down payment on the next property??
@@mannymorales8094 yes
where are you from?
Just to say many thanks for a very positive meeting yesterday. Hilly and I came away feeling well satisfied that we are able to continue enjoying life without too much stress on the old finances and should be able to carry on with our present lifestyles for some time to come. Very satisfied with the way you are managing affairs and hope this will continue into the future, Vladimir corp is the future
Thanks for sharing, this will really help a lot of people
The weed comment was perfect!! I’m glad you got that!!! You’ve made me find ways to have 24k in cash in the last 3 months of watching your channel! I have a wife and 5 children and we have always been month to month with -500 dollars in my account just this past Feb 15 i was that much in the hole... your information has changed my family’s future!!! Thank you!!
first of all, congrats!!
How did u do it
The neighbors think im selling dope
How?
For some un godly reason I could never figure
Out why every month I was always using my over draft protection in my account and still not doing well. Just watching his videos and getting every extra $200 I had into stocks now I’m loading 2k plus more into my stock account every two weeks... little by little you can save but you have to make it work for you. The interest I get in my Webull account is over a $1 a day now. That’s multiplied even more when I invest in stocks! act.webull.com/t/aQ6KBW6Qo4Ko/83v/
If you wanna be successful, you most take responsibility for your emotions, not place the blame on others. In addition to make you feel more guilty about your faults, pointing the finger at others will only serve to increase your sense of personal accountability. There's always a risk in every investment, yet people still invest and succeed. You most look outward if you wanna be successful in life.
Sure! Is a better way to counter this foreseen inflation, because all this wars everywhere are politics.
Living in one's "comfort zone" is a contributing cause to the plight of young people.
You most be willing to make sacrifices and leave your comfort zone if you wanna become wealthy.
Success is grace and favor not hard work alone. I am successful today in the ways and manner I invested my daily earnings, and let's stop always looking inward.
@Rashi Khadijat
they said when you invest little money you earn big
It requires money to make money. this is the best secret I have ever discovered we don't make money, we EARn and MULTIPLY money
@Zhang wei you know i agree with you,I have been trading on my own for a while now and i am yet to have grasp of how the financial market works.
@Zhang wei please I need your help trading,what do you suggest I do.
@Zhang wei what is the name of your account manager?
Currently the rich stay rich by spending like the poor and investing while the poor stay poor by spending like the rich yet not investing like the rich
Yeah, my first investment with Expert Mr Arthur gave me profit of over 24,000 Us dollars and ever since then he has never failed to deliver,I can even say he's the most sincere broker I've known
The hard money lenders I've talked with want 10% down and they check your credit. So for ppl that are watching...keep that in mind when talking with hard money lenders.
I've worked with hard money lenders who want to see value in the property and could care less about your credit.
@@jean-clauded5823 What hard money lenders did you talk to?
i discovered the real money lender pioneers with less conditions Techbased network *+1 6 4 6 4 7 0 5 2 4 8 . thank me later
There are TONS of different money lenders out there. The specialize in just about anything. You just have to find them.
*Its never too late to start somewhere guys , anywhere no matter how little , it's all about making moves because believe me the future is not going to wait around for any of us*
*I believe Bitcoin is a very convenient way to shop and to transfer money to any account around the world. Governments should work around a framework for the currency instead of putting restrictions on it.*
I'm not really into real estate but i really don't like the fact that most times the ends are small when compared to for example the stock and hedge funds. On my smallest investments i make about $4.5-$4.2 depending on the market a month.
Please allow me to disagree there. I actually invest in both of them although I've been the real estate market for a while, i would have guessed it's more lucrative when placed with wall Street investments.
I think both investments are profitable, it all depends on your approach and how much you're willing to begin the investment. Also how you fo about it will determine if you're making profit or not.
I guess i could some more hands on experience on trades, I'll definitely send him a mail
Yeah in developed countries stock is much better and safer. But where I live, real estate used to be worth peanuts 2 decades ago but now there are hundreds of millions worth of infrastructure being built every year so real estate is skyrocketing doubling in value every few years
@@eddieparker4529 I totally appreciate you coming here with this recommendation, I reached out to hovik, I'm already making something out for myself this year. Thanks
He said $300k got him crap and I was confused. $300k here in Texas is a borderline mansion! 😂🤟🏽
Welcome to California buddy. I hate it here I wish I lived in Texas
Try NYC or LI area where you have crappy houses for around 600k minimum
@@BrownGuyWithABeard i wouldnt even want to live there lol at least California we have good weather and beaches
And that's why we got Joe Rogan ;)
This comment aged well. Lol
Bitcoin is the key to success but not everyone knows
@Bridget okpechi That's true
I know a professional
he is good at all kind
he is from United kingdom
His name is Mr adam
Bitcoin is amazingly transformative because it's the first time in the entire history of the world in which anybody can now send or receive any amount of money, with anyone else, anywhere on the planet, without having to ask permission from any bank or government.
How did a lender let a 19 yr old get a loan for such a large amount even with a down payment..working at a restuarant??
co signer bro. get one
Doesnt make sense. I make double and i only got aproved for 200k loan lol
@@toysquiroz1830 hopefully you have rich family members or friends willing to sign their life away... smh un realistic period
Then invest out of state in a more affordable market like the Midwest. You can buy a home for $50,000 in some cities that cash flow instantly. Where there is a will, there is a way.
Jordan Graham out of state real estate investing is not a smart move
I'm on my fourth viewing of this video and you have to be really careful as he glances over some of the most let's say undesirable parts of this deal: principle pay down, moving in after the 90-day reno (a tenant wasn't paying), the impact these credit transactions have on credit score, the money necessary for all associated transaction fees, the legal work necessary to rent out a property, the risk of defaulting on the 375k-ish worth of loans, the risk of the hard money lender pulling your loan, and the yatayataing of having twenty percent down by the time the house was appraised at $550,000 dollars just to name a few. Meet Kevin months ago I watched this video and it gave me hope that real estate was a viable entry point to financial investing with a low capital expense. Now I realize this is a really good way to go bankrupt if you don't have four to five key things line up perfectly and if this is your origin story you are a very very lucky man.
TL;DR- He didn't make as much money as he says he did in the video and he could have very easily gone bankrupt on this deal
Dude seems to be massively over leveraged, and in an economic downturn he could easily get burned. That’s how Dave Ramsey lost his money in real estate.
Man...over two years since this video came out! I remember watching this video when it came out. Time flies!!!
Also, I was hoping this educational video series would've continued.
Making money is the plan and with frx your plans can be fulfilled
Easy, you can DM on the following information
+ 4 4 7 4 4 1 4 4 2 7 7 9
You can add him up on wattsap ,👆
Even on fb
Username
"Marshall Hector Wilfred "
this guy is the type of person you need to hang around with...
On God
Kind of hard in high school.
A Random Rat facts HAH
Facts! People around me would be terrified if I initiated this conversation.
For sure
So what about the other closing costs? Taxes, insurance, processing? Had to be a lot more than $10,500
I was wondering about closing costs as well.
The lender can add closing cost into the loan or talk the seller into paying for it.
I got my first deal with 1500 for appraisal and inspection out of pocket... Closing cost paid by seller and FHA put 5% Down for me... This is highly possible... you just got to have the right Realtor that knows to work all angles of the programs available... The seller (Fannie Mae) even rehabbed the house for after me to keep the deal together.... Properties like the one he is talking about the seller chances are more willing to pay closing cost if it’s negotiated right!!!
Things must have dramatically changed. Im closing now, im getting a 175k loan, im still at 10k closing costs with a 3.5. my pmi is financed but no one in this area is paying closing costs. Matter of fact i lost bids on house and i increased asking price by ten percent. Still lost. I had to just to next higher bracket to win a bid. But like i said 10k closing on half the amount of house he did.
Jason Harvey Kevin and Graham always skip these, I am sure there are instances where u dont pay those costs but you do more often than not. They also skip the fact that they were already inside a real state circle from family or close friends, is not easy as to just buy and sell a house like they put it
this sounds incredible, i just have no idea how a bank gave a 19 year old hundreds of thousands dollars working at jamba juice
An fha loan is backed by the gvt. So almost no risk for the loan giver.
His wife had full time income also. Kevin was and is persistent. Banks and your credit score are not allowed to take into account your age. ---fact---- Banks are not allowed to age discriminate.
@@rickkern5785 he said he lived in his girlfriend's parents house. So even if he was married, would giving 2 kids with minimum wage jobs score a 300k house be possible with 10 grand?
@@FutureLaugh Absolutely.. They are making 35-40k per year and have great credit and have 10.5k down. $1600 per month. Loan is no problem. He went through a ton of paper work to get both loans also proving he was worthy.
Rick Kern correct 💯
Use *VladimirCorp* If you need help.
it worked out well for me now i got my own car
I’m 19 sitting at $41,000 i made in high school, this video couldn’t have come at a perfect time. Thank you
Cap
Ignacio Orozco I live in Arizona, i appreciate it🙏
Realtor Credit no dude follow me on instagram @alexshiiva I did shopify dropshipping while i was in high school
Alex Shiva that shits hard nigga i tried doing that shit and failed
Save your money and buy with cash. Way better passive income when you don’t have a mortgage on real estate.
This is an important message Kevin has for all of us in America. Even if you can't come up with the money, you can find someone to team up with.
I'm 31 and wasn't taught all this in school wish I knew this earlier. But never too late to start.. Hoping to get my house in another 3 months
As one with $5000 or a little above it and given the present economy , is it better to invest into Real Estates, crypto, gold or into Stocks. Which would yield better output. Considering a young mid income, short term person living in the US with less time on my hands?
Has got to be Stocks but of course, you have to be well informed on the right ones or better still, get a pro to handle it for you (that way, you save time and minimize risks). Made my first million this way earlier this year. One more thing, one can wake you up by 2am to complain about a leaking pipe, the other can't.
@@danielchen2857 Very sound advise! I have been into both for long and though I won't say I have lost a fortune, I have squandered quite a lot... If it's not a problem, do you mind recommending the pro you worked with? I could definitely use the help of one right now... I look forward to your reply...
Why not both??? Diversification is the key
@@davidblakes4952 Funny enough, I can honestly relate. Nobody said it was easy as it took some level of decisionness and discipline. I don't know if I am permitted to drop it here, but her name is "Leah Marie Sandock". Was in the news a lot in 2018. You may look her up for more.
@@danielchen2857 Wow I know this little lady. Once attended a seminar she was also in attendance in Madrid,, She's American though, I doubt she works with foreigners,,,
My inspection for my first house hack is tomorrow!! Here’s hoping all goes well
Update?
Curious too
chase2910 aw man each time i get close to purchasing a home, there’s significantly more issues with the home than expected. Wood frame, no foundation, etc. not normal rehab stuff, but issue stuff. But the hunt continues!
do you check out houses online from the owners themselves like Marketplace, or do you go to real estate agencies ?
Jay 2Z I use mostly sites like Zillow and Realtor.com, i have looked at marketplace/craigslist before, but it’s not my favorite. One day i will probably get my license (bc why not lol) and i will be able to look at the MLS
This is really really good detailed explanation education that I was looking for thanks man. Please do more my dude kev!
Wtf?
Your loan is dependent on your income. They aren't going to give you a loan for 300k if you make 8.00 an hour.
Exactly!!
Is it possible he had a good cosigner?
@@andycarle7304 His girlfriend aka the bread winner (at the time) aka his future wifey.
@@nwilt7114 His girlfriend had to be making $20/hr or so - they had to have combined incomes of $30/hr in order to qualify for $300k. Today, you still can only get 200k house at $30/hr or 57k per year - they might have had her parents co-sign.
-- it is EXACTLY where I am at now is where he was at 20 and I will still buy something that needs some simple updates like he suggested in an area that has homes around 200k - 250k - pick up my first home that needs a little work for like 145k and then update it with such things as- the cheapest track lighting and have the counters refinished (not new - just refinished) and tear out carpet and new paint and rent it out the first year with me living in it- pay off a big chunk by hard work and renting it out plus my other tenant income from my mobile home - $1350/m and my income from my job and build equity (should take a year with boarder tenants ) to build 25k equity or so and now fix that up - ARV $250k and then -- borrow from that for a down payment on another house around 300k and then DO IT ALL AGAIN -- rentout 2nd home and live in the first still and fix up before renters move in. Build equity - through tenant income - borrow from the equity - use that to renovate the house beautifully and bada boom! My second house is now worth about 1 year from when I bought it -- 400k. and I still have tenants living there paying my mortgage. Now with the next house - I could just flip the house after some quick renovations (basic as always) and sell it off fast for quick cash - Wash--rinse--repeat.
Twin Soul Tarot his dad co-signed the house.
This is such a good video it blows my mind!
This is how I bought my first property... I called it “ Being ok with any outcome”. If your ok with whatever the outcome might happen... It’s a deal!!!!
Yeah I found out that whenever you don’t really care or focus about what happens to that money that’s when you make the most because nothing is holding you back.
Sir, you skipped some very important information.
1) How much was your total income ( you and Lauren)?
2) Did you have a co-signer?
3) How did you get the original loan for $355,000 making $9/hr?
4) What was the monthly mortgage payment?
5) How did you afford a $355,000 then $440,000 loan payment on that income?
How in the world can the average person do this? It doesn’t seem possible without someone backing you. You had to have someone helping you with that first deal.
He actually does explain it
The scam is up. Great question
Well let’s just say he ain’t in minority sooooo the opportunity for him may be a lil let’s just say yes some very important info was missed😉
when you use a property as a business and the bank sees potential income they will give you the loan. on 9 an hour if you go to the bank and say I want to buy and live in a 355k house they will laugh in your face regardless of race. if you convince the bank you will rent out the property or flip it or both and make profits during ownership and they believe it and see the potential themselves they will give you the loan *regardless of race*
@@brainwashingdetergent4128 i wonder if that’s true..
Thank you, Kevin, it was very informational. I would love to see more of these videos very useful for reopening.
Thanks Kevin. Great information.🙂
Kevin's growth on TH-cam, real estate, and the stock market is impressive! Keep it up. I am excited to see how much more growth he can accomplish!
Who else noticed that it's a Dragon med helm and dragon crossbow?
My man
I watch Kevin's videos here and there, but I'm not subscribed because I don't care about every single topic he talks about. But anyway, I saw the thumbnail for this video and was like "Wh-....wait, is that a D Med? And a crossbow?? This rich dude who I take advice from also plays/played Runescape? Sick!" Lol.
I was literally looking to see if anyone else noticed that, the nostalgia
Started from the bottom now we here
I THOUGHT I WAS THE ONLY ONE
23 y/o and literally just did this Kevin! I didn't watch this video before hand but I'm lucky it worked out the same. 10k at 3% on an FHA for an undervalued property that luckily needs no work. It really is all about committing like you said. And the pre-approval saved my a** haha.
I turned $0 into $15000 at 19 then turned that to over $130k when I was 20. I love this channel. Super real and valuable info.
I’m 19 and This pandemic put me down in ways I never knew I could, but today was my first day looking at the market again trying to find a good deal. This video really helped and pushed me forward. I really appreciate what you do :)
Can you explain how a 19 year old with no substantial credit (credit history) and a $9 per hour job got approved on a $300k loan?
Digital currency. ANYONE can get a bitcoin loan from someone who has the funds with a smart contract. No banks, no middle man. You dont have to have good credit, or any credit for that matter. Heck you can have bad credit!. You can borrow that money, and than, loan it out and make money on it yourself!
Get a credit card, if your cars payed off take a loan out on it, there’s so many options to build credit. Don’t listen to this guy, I figured out this in the first 60 seconds. The most important thing is to think, analyze everything and trust no one. Good luck!!
@@chezly7236 the purpose of credit card is to determine if you’re supposed to get low or high interest. Its not for the amount of the loan..
Going to watch this twice a week to get moving on my goals.
skittles?
Mind Blowing... Absolutely stunning and such an eye opener on the real estate game. This video is your GOAT
Invest $10k into Tesla back then and you would've gotten a killer return.
Literally what I thought haha that 10k could be 75k-150k pressing buttons for gods sake
That would also be a idiotic move to put all your eggs in one basket. Its nice and dandy in hindsight, sure, but hindsight is 2020. With how volatile that stock is, it would be absolutely retarded to put your life savings into a single stock like that.
@@LetThereBeLightxx it wouldve taken 10 years though... he made 210k in 90 days
Tesla is pretty volitile, itll be hard to know that itll grow this much without current knowledge
Technically he could have turned 10.5k into 1.13 million, but
1: No way he could have known about how Tesla would progress
2: It took 10 years, whereas he did this in 3 months.
Dude, you’ve just insanely motivated me
Kevin, you provide a lot of insight but I am still very confused as to how you did this. Can you please elaborate on a few things 1) You are not allowed to rent out your property with an FHA loan with a 3.5 % down payment so if your thinking that worst case scenario you cant make the payments you can always rent it out that's wrong you will in fact lose your home. You need a minimum of 25% down payment if you have intentions of renting out your property to someone else and it would not be an FHA loan it would be a buy to let. 2) Assuming you decide to buy a home to sell on an FHA you are required to own the property for at least 90 days before you can sell. That is for a standard FHA loan. You are saying you got a 203k loan. 3) You are not allowed to sell a house in 90 days with a 203k loan. With a 203k loan you are required to live in the house for at least 1 year. 4) You said you used a hard money lender to make renovations. Renevation cost are not an option after the loan. Renovation costs are factored in to the initial loan you take out for the home. Can you please help me understand how you made 100,000 with just a little over 10k.
@@Vosmalus Kevin - at least - so far - is not giving us a reason to think otherwise - but he did open the books showing us his net worth. What I am saying is; he had to have figured out SOME mysterious way to get where he is today.
No one ever said you have to live in it who's going to check?
@@startroopian wdym exactly?
I like your reply as it is much more well thought out than other ;)
I found this as you also made me take a look into what your saying as well (see below).
I think you can do this in combination of a wedge deal or duplexes ... please let me know.
www.investopedia.com/ask/answers/112515/can-fha-loans-be-used-investment-property.asp
Dual Purpose
Another way to use an FHA loan to buy an income property is to purchase multi-unit dwelling. The FHA allows homeowners to buy a property with up to four units, provided one is owner-occupied. There is no limit to how large the lot size may be, though. This way, the owner is able to live in one unit, making it an owner-occupied property and, therefore, FHA-eligible. The owner can rent out the other unit(s) for income.
A savvy investor in a hot rental market sometimes earns enough income using this method to live in the home for free. As noted above, the FHA lends up to 96.5% of the appraised value, meaning the purchaser can put as down little as 3.5%.
@@startroopian cash only huh ... under the radar :)
Man it’s been 2 yrs since you made this video & I’m so glad you did. I got so much perspective & seriously trying to get into this market. Thank you
I have been WATCHING some videos and I was thinking about investing, but still don't know where to start from
I want to start too but I don't know how
I'm from Spain I have been an investor in the crypto market for over 2 years now
Now is the best time to purchase and invest in Bitcoin stop procastinating
Same here, I wish I knew about this Bitcoin earlier
Bitcoin is the future, brace up and get yourself some Bitcoin before it's too late
Getting a way to make income without having to leave home isn’t exactly as easy as you all think it is , talk is cheap and it’s sure easier said than done , I have my source , and I would rather stick to that, it pays well, even my stepdad quickly joined before it’s too late
Thank you😊 for this video, do you offer account management or have any recommendations?
If you are using really a good broker or account manager is easier to earn from the market
@Jessica Austin I recommend Mrs Victoria Q. Wilson of UCLA Anderson.
she's quite exceptional when it comes to this and her methods are working for me at the moment
@@bobbyjames5414 Ever since I lost my job with the ministry, I have been surviving through my investment with Miss Victoria, I'm so glad I invested when I did.
@Chris Morgan I saw the recommendation but I didn't bother
chatting her up, I keep losing really I still don't
understand how the forex market works though
@@millerwoods1343 I don't usually do reviews but Earning three times of my monthly salary from miss Wilson is
overwhelming
Yes - the glasses look good! Thanks for the informative video.
When they tell you, I know this guy that knows this guy.
This is the guy they're referring to.
I thought it was a scam, until I invested $20000 with Crypfundsinvest.com and I cash out $50000 and still have much left,
Thanks to crypfundsinvest.com
@@micheallucy6933 ok
So we gon ignore the Old school runescape artifacts on his wall in the background?
dragon med helm and dragon c bow lol
He wore a GP stack shirt in his video giving out the $1200 lol
I bet I'd k0 Kevin on my main with a bronze dagger
He's probably a rich level 3.
Lol
I am day trading now but I hold stocks and ETFs for long term investment, some individual and blue chip stocks pay me up to 3k € monthly from it
How so? Can you show me how you trade please sounds reasonable for an extra income
Many people have become millionaires trading because with the leverage invovled in trading, people can make a fortune or lose it all very quickly so you need care
@@inix2057 I don't trade myself as I mentioned earlier I use an expert for that Mr ravies Benjamin which is why I earn because of his outstanding strategies
@@jidaloida106 can you please give me your expert’s number so I can get across to him
Stock broker knows the trends of the stock market. He keeps up to date knowledge of the stock market. He also keeps information on all the financial developments made by the brokerage firm. So, it is very important that you always seek the advice of a good professional stock broker so that you can keep yourself safe.
Your best video. NOW we all know how you started because we watch your videos! Thanks for this one. P s sorry in one of your last ones you lost money. May you make it back tenfold🌞
I need to know how you paid the mortgage on a $440,000 house loan with an income of $9/hr.
How did he get approved?!
He mentioned that he had around 10 grand saved up at the time and he invested the $10,500 on the $300,000 I believe... not 440...
Only three minutes in but going through the comments like wth????
Bitch did u not watch the video
Yeah, i watched the video, but don't understand the 100g in pocket when that went back into the refinance to get rid of the mortgage insurance, leaving him with a pocket value of 0, and an estimated 2500/ month mortgage payment if it's a 30 year fixed. At 19, that's one hell of a job to be able to swing that payment. Maybe I missed that part. Or maybe we are all watching this video thinking everybody's situation is the same. I like the information on leveraging 10 grand on a house, but thinking it oversimplifies. 10 grand and some loan magic is not going to get you the house. 10 grand, and hard work leading up to it and continuing through it... maybe.
This is a timing deal. It cannot be repeated easily right now.
Wow, pretty much exactly my plan but with a lot of details I didn’t know about. Great work
Hey Kevin I just wanted to thank you for all the videos. I found your channel a few years back and it’s because of you I decided to get my license and became a real estate agent. Your videos and programs are all informative, interesting and easy to watch. You’ve done nothing but help me learn and make me smile and laugh and for that you have my thanks. It is difficult to say how much I value you and what you've taught me but because of you and I've grown into someone I can respect. Also nice new set keep it up my man!👍
Awww that’s adorable!
@@sashasmith5802 😪
Yaaaaaas , go teacher Kevin . We need more videos like that 🙏🏼 Didn’t miss any video , watching every single one .
Thanks. I’m gonna keep dreaming and saving. As the scriptures say “All things are possible “
*I urge everyone to start somewhere now no matter how small, this is literally the time for that, forget material things , don’t get tempted*
I have $10,500 to turn into $210,000...you have my attention Kevin
im dying watching you swap that fly
I have 10k too. I been on TH-cam like hawk
Same! Im 24 about to be 25 with 10k and Im so confused as to what to do with it and im scared to put it into real estate!
The Established Woman everyone has their own Avenue. Mine just happens to be finance not real waste. Just do some research
Words cant describe how much I needed this video. So much time spent searching for this information. Love the content, thank you!
Perhaps a microphone on the whiteboard side would be nice, since the audio gets quiet whenever you’re writing
*Finally someone who is willing to teach us younger guys instead of pushing some bs course on us. Appreciate it*
I wouldn’t doubt it at all.
I know for a fact the power of a little percentage here and there on a good net worth, what’s more when you let the public know how much you started with, it gets so puzzling. I got into wall street investing.
First couple of months was more of losses
Along my research I came across some analyst he got me investing on stocks fix and in eight months of compounding profits I’d gotten six figures withdrawn believe it or not. To think I put in 77K GBP at the onset...
It’s very possible
Great video sir👍👍
I also know for a fact real estate investments are not as complicated as that of the trade market. I also trade the market and I can tell you madam you can just earn like so except you’re some pro.. are you a pro?
What’s your method?
One would be stupid to go about one of the complicated way to make money solely. No man is an island you know.
On the contrary sir. One does no go about investing on the trade market as a newbie on the market. Study study study
Nevertheless making profit is priority. I’m in contract with a pro analyst. He gets commission on profit I earn for eleven months I’ve been making good ends in my investments as I learn. Do get to his page if you want more info
hovikmorte. com
I’ll take it over real estate any day perhaps in the future lol
My questions: The extra 100k from refinancing out of the FHA loan-isn't that still money you have to pay back from the new loan? I like the benefit of the extra liquidity from the refinance, but I'm ultimately questioning if I want to borrow the extra cash just to have (a lot) more liquidity...unless the real objective is going full throttle with an income property by means of the extra liquidity. You used that $100k to buy another property for income. Was that income property meant to eventually pay for the mortgage payments for both primary resident and income property? Thank you!
Can someone please answer this question
so instead of using the 440k loan as working capital he uses 340k of it to pay off original balance and kept the 100k as tax free working capital
The answer is yes! The $440,000 loan is a new mortgage. Your payments will increase unless you get the loan at a much lower interest rate. That being said, he is using this model assuming he is going to rent the property out so that a tenant will really being paying off the loan. Another thing you don't want to forget about is closing costs. Even though he states it was 100k in his pocket, at some point he had to pay closing costs of between 3-5%. This means he actually got around 80-90k if he rolled the closing costs into the new mortgage or he could have paid them out of pocket which is not discussed in this scenario. Hope that answers your question.
Love the dragon med helm in the background. Great video!
That dragon med helm looks pretty amazing.
STARTING AN INVSTMENT IS ACTUALLY VERY EASY THE ONLY HASSLE IS FINDING THE RIGHT ONE FOR YOU , THE FUTURE IS CHANGING WE ALL NEED TO CHANGE WITH IT
Building wealth involves developing good habits like
regularly putting money away in intervals for solid investments. The stock market has plenty of opportunities to earn which I myself took advantage of. I made my first million from going diverse, mainly ETFs(stocks, bonds etc), coins, and gold. I'm also working on an investment plan that includes NFT's. It's been a year and half of steady growth ..
I copy trades from "Marian Elizabeth Christiana", a government regulated trader in the US. Met her sometime last year in a start up funding event where she had a lot to say about the state of Algorithmic trading. love how she's able to find companies that have significant long-term growth potential and that are valued attractively relative to that growth potential.>
@@gy4998 *Marian Elizabeth Christiana* is quite popular on Bloomberg i doubt if there is anyone who is serious on stock trading that doesn't know her. She has helped me quite a few times in growing my portfolio and it was blissful without any setbacks. she is a tough person in an industry that demands clairvoyance.>
Picking the right stocks requires a lot factors and seems daunting for some. I was able to net over $560,000 in profit in the third quarter of last year. I achieved that because I followed her recommendations
Search her name online to see her website & make sure to drop a mail with the contact information on there. Swift response is expected from her.
Those NFTs are new age scams
Crushed it on this video. So much value. Thank you for taking the time to create this
Dude! I've been watching your content for a few weeks now and have been wondering why you look familiar. When you mentioned Ventura County it clicked. You're the guy I'd see driving around town in Ventura with your face on a prius! Ha!
Happy to see you're doing well! Also, nice RS merch!
Taking the right step as a beginner in trading or investing requires lots of preparation, developing the skills and using proper risk management which is a psychological torture between fear and greed. My advise is don’t lose your hard earned money when there’re other ways to simply the process with the help of an experienced financial consultant who sees the entire structure of the market
This is just the simple truth not everyone understands the commitment involved while trading and not everyone is ready to lose their money.
It is better to entrust the creation of your trading portfolio to professionals thats to follow a large whale like a small fish.
Well said, trading successfully is my goal and I believe anyone trading wants to achieve consistent returns.
Its achievable with the right guide, it can either take up one's lifetime to master or one big push of luck at an extremely opportune occasion.
how is it going for you? I'll admit that I need help, I can't be on the screen all day.
To my understanding this just proves how much we need an edge as investors because playing the market like everyone else just isn’t good enough. I've been quite unsure about investing in this current market and at the same time I feel it's the best time to get started on the market, what are your thoughts?
Since the crash, I've been in the red. I’m playing the long term game, so I'm not too worried but Jim Cramer mentioned there are still a lot of great opportunities, though stocks has been down a lot. I also heard news of a guy that made $250k from about $110k since the crash and I would really look to know how to go about this.
it all depends on how long you're willing to hold for and your strategies, stocks might likely tank further, but making serious gains in this downtrend shouldn't be a problem if you're a pro
@Dan Brooks Impressive can you share more info?
@Dan Brooks She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing.
Bro a that a dragon helm from RuneScape?! Love it!
Some folks missed the part when you mentioned you had a co-borrower. Do you have a video on group economics? That would be a great topic to touch upon.
Also, you did not mention how you paid for the closing cost. Did your co-borrower pay for it or did you have to find additional funds elsewhere?
How did you find this deal? These deals are super hard to find today. There are SO many investors like myself looking for them.
How did you qualify for the loan w your income?
California appreciation is not comparable to the rest of the USA. You should really make that clear.
Kevin is full of it . Nobody will loan him anything if he’s working $9/hr and only have 10k cash to down on 300k property , especially the interest is higher back then. With $9/hr, You only make $1440/month before tax . 300k with 3.5 % down, his mortgage must be about $ 3k/month with the interest back then . Kevin was born with a silver spoon and his family co-sign for his deal, can’t you tell ?
Hello. I'm actually looking for a good trader that can help me trade and make good profit, I've been seeing so many recommendations but i don't think they're trusted. Please do you have any recommendation?
That's true most people today have been having a lot of failures in stock and crypto sector because of poor orientation and bad experts
I have been seeing so many recommendations about Meghan Taylor on Instagram and telegram trending, her strategy must be good for people to talk about her
@@leonardlee7691 I did invest with her and I made huge profits
@@leonardlee7691 my cousin recommended her to me. He has been investing with her for some months now, but he earns just 60% of whatever he invests in a week which i think its too low, I've seen other traders who offer to give you 300% of whatever you invest
@@leonardlee7691 I just withdraw my profit last two days before now. am glad i did invest with them still reinvested and the trade is ongoing
These beginner videos get me so damn excited lol cant wait to get my first place
That’s called a dragon med helm, and a dragon hunter crossbow in the back from old school runescape, I see you
I was looking for this comment the second I noticed it
Why does he have it as his background
@@isackhernandez3691 because hes maxed on osrs
@@kishon3061 are you serious?