10 Habits of Wealthy Real Estate Investors
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- เผยแพร่เมื่อ 11 ก.ค. 2024
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Thach Nguyen has come a long way since arriving in America at age 4 with his parents, four brothers, and sister in 1975. Focus, drive, determination, and great mentors paved the way for him to go from a homeless refugee to a multi-millionaire.
Thach is the CEO & Founder of Thach Real Estate Group and principal of Springboard to Wealth. He is not only a seasoned realtor, investor, coach, author, and speaker, but also a proud ambassador of the American Dream. During his 30 years in the real estate industry, he has built more than 300 homes, townhouses, multifamily units and completed over 100 flips, and owns over 100 rental properties giving him over $100,000 a month in passive income. Thach and his team have assisted more than 1,500 families to create their own American Dream of home ownership, ranking him in the Top 1% of all real estate professionals nationwide.
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Thanks for increasing my knowledge in personal finance, I recently subscribed to your channel. I want to give a big shout-out to all those working tirelessly to earn a living and build wealth during this recession. My husband and I are both retired and debt-free, and we're living smart and frugal with our money. Despite the recession, we're still earning passive income thanks to our savings and investments lifestyle. Investing lifestyle has enabled us to earn a steady monthly income through passive means, and we're grateful for it.
Okay Richard,generally, investing requires higher knowledge. For this reason, It's important to have a solid support structure (financial consultant) to guide you through especially in asset picking. I operate with (Regina Louise Collaro) an investment advisor who partners with a licensed wealth management firm. For the record, the experience has been the best for my finance.She is quite popular for her services so you might have heard of her.
She made me financially stable investing through her help, now I earn on a monthly basis through her passive income strategy... So I’ll advise you do get a good Investment advisor for yourself.
@phyllisrichards5489Regina Louise Collaro is based in the United States and can work with anybody wherever they stay. If you would like more information about her, you can conduct a search online.
I have had the intentions of starting investing. But I always thought it was late and I think I need to stop procrastinating. I will definitely 🔍 Regina Louise Collaro and see what she can advise .Thanks a lot . This was of so much help to me
Really Educational.
Thanks for tip.
Great video
Thanks, my friend.
Thank you Thach. Video Id like is investing in todays market (2023)
Thanks Thach !!!
good video keep it up
I love this video
Thank you for the game brother!
Dope info 👌🏽
THANK YOU THACH! ♥🌎
nothing but facts!
nice video
Which music track did you use in this video
Hey thach, will u invest in vancouver?
Thank you for sharing your knowledge.
I have a question. I have two pieces of land which I bought for 11,000 and now the are worth 23,000. I’m using a usda construction loan to build a house in one lot and I was planning to keep the second lot to eventually build a rental property as it’s cheaper to build a new construction than buy a house already built. The total cost of the house I’m building will be 220,000 (including lot) when the market value of that house will be 250,000. Because of the high interest rates I was thinking to sell the second lot and use the money as a down payment for my already started new construction. I’m already putting 30,000 for my first house and with the earning for selling the second lot I would be putting down 52,000. Do you guys think this is a good idea or should I wait to build a second house in my second lot? Would it be hard to get a construction loan for my rental?
Great info as always bro! 💯
👊🏼🙏
In Malaysia we have auction of quite bad properties.
Good advice brother!
Every point is 110% true
Money has Limitations!
Have your whole self in tact not just financial. Your Spiritual, Physical, Mental and emotional, etc matters!!
Love the content!
Can you please please please please contracts?
Fantastic message! Thank you 🙏 👏👏
Glad you enjoyed it!
I think this video is great. I learned a lot and I appreciate you for showing your knowledge.
Awesome content I want to take some actions in my life so I don’t have to work for the man I need to take action action action action
You’re right , true wealth includes having your family prosper when you prosper. I feel that if you help other people succeed you will succeed too. Great content brother, keep raising your kids right. You are a good man
Thank you for all you do to help us!!! We will make less mistakes thanks to you!
Thanks Thach. I have always loved your content. I am a young real estate investor in Austin and am always pumped to view people with an aspirational mindset. Keep up your great work my friend. 🎉
I appreciate that!
Thach, you literally are giving away the entire game plan! I appreciate your high energy, direct presentation and actually giving something of value in your videos.
It's important to choose stocks that are expected to hold on in inflationary environments. To combat the negative effect of inflation, it's a good idea to diversify your portfolio across different asset classes, such as stocks, bonds, and real estate, since this can help protect your portfolio against inflation. I have seen People making up to $500k in a month during high inflation
One strategy is to invest in assets that performs well during inflation. Another strategy is to focus on companies that have the ability to pass on price increases to their customers. Its also important to maintain a diversified portfolio. It may be a good idea to speak with a financial adviser who can help you develop a customized investment strategy based on your individual goals and risk tolerance
I used to manage my stock portfolio by myself, all that time I did not make any significant returns (but also did not suffer losses). Then out of nowhere 2008 happened, and I lost 50% of my savings in a very short period. That prompted me to hire a F.A. Since then I have been learning a lot about the stock market and I have made up to $1M in returns
@@emilyoakland8419I've been thinking of going this route of using a F.A . Could you suggest yours?
I've been thinking of going this route of using an advisor. Any recommendation?
Kerah Burton is my Advisor. He has since provided entry and exit points on the securities I concentrate on.
Like a boss 💯
Phenomenal content. Thank you for sharing the knowledge.
Minority Mindset made all these comments years ago I unsubscribed cause no real advice on how to do it starting from scratch with no loans
It doesn't take an expert to tell you, you won't make it far without loans
marry someone rich or rob a bank
Cảm ơn bạn vì video tuyệt vời này. Bạn là một giáo viên tuyệt vời! 😃
You're 100% Thach! Thanks for the advice, as a young man, I strive to make the right decisions through the upcoming years to set up a successful future for me and my future generations.