How To Make $1,000,000 In Real Estate - Ryan Serhant

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  • เผยแพร่เมื่อ 29 ก.ย. 2024

ความคิดเห็น • 859

  • @noahkagan
    @noahkagan  ปีที่แล้ว +110

    Full video where I ask luxury real estate agents how to make $1 million here: th-cam.com/video/B-cBSBTxOWY/w-d-xo.html 💸

    • @olli92
      @olli92 ปีที่แล้ว +3

      Can't click the link

    • @GohanZeta-s3j
      @GohanZeta-s3j ปีที่แล้ว +2

      Yeah can't go anywhere buddy pointless typing the website thats halfass

    • @lonniepollard9883
      @lonniepollard9883 ปีที่แล้ว

      Http://th-cam.com/video/B-cbsbtxowy/w-d-xo.html

    • @OGKanyeWest
      @OGKanyeWest 11 หลายเดือนก่อน +2

      Why do people try paste links in descriptions😭💀

  • @NicholasBall130
    @NicholasBall130 13 วันที่ผ่านมา +424

    Buying a home is challenging, especially if you're not paying in cash or avoiding a government loan. Even with just the minimum monthly payments on a 30-year mortgage, I’ll end up paying more than twice the value of my home. I was fortunate to buy before the market went wild, so I secured a good interest rate. I can't imagine trying to rent or buy in the current conditions.

    • @StacieBMui
      @StacieBMui 13 วันที่ผ่านมา +2

      Consider buying stocks when the economy is not doing well, like during a recession. It could be a chance to buy them at a lower price and sell later when prices go up. Just keep in mind, this isn't financial advice, but sometimes it's better than keeping a lot of cash.

    • @cowell621
      @cowell621 13 วันที่ผ่านมา +1

      Right, I delegate my day-to-day investing to an advisor ever since suffering a major steep-down late 2019, amid rona-outbreak, and as of today, I'm semi-retired with barely 25% short of my $1m retirement goal after subsequent investments.

    • @StocksWolf752
      @StocksWolf752 13 วันที่ผ่านมา +1

      Your advisor must be really good, I hope it's okay to inquire if you're still collaborating with the same advisor and how I can get in touch with them?

    • @cowell621
      @cowell621 13 วันที่ผ่านมา +1

      Rebecca Nassar Dunne is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..

    • @lolitashaniel2342
      @lolitashaniel2342 8 วันที่ผ่านมา

      I searched her up, and I have sent her an email. I hope she gets back to me soon. Thank you

  • @ChristopherAbelman
    @ChristopherAbelman หลายเดือนก่อน +244

    I remember in 2007 when I was working in real estate seeing people buy homes new from builders with the intention of selling before close of escrow to a new buyer for profit. The crash was so brutal and fast that I remember seeing a lot of these units foreclosed on with the builder plastic still on the carpet.

    • @HildaBennet
      @HildaBennet หลายเดือนก่อน +5

      Most people find it difficult to handle a fall since they are used to bull markets, but if you know where to look and how to maneuver, you can make a size-able profit. Depending on how you intend to enter and exit, yes.

    • @FinnBraylon
      @FinnBraylon หลายเดือนก่อน +3

      The fact that the US stock market had been on its longest bull run ever makes the widespread worry and enthusiasm understandable given that we are not used to such unstable markets. As you pointed out, it wasn't tough for me to earn over $780k in the last 10 months, so there are chances if you know where to go. I hired a portfolio advisor since I was aware that I needed a solid and trusted plan to survive these trying times.

    • @JosephineKenney
      @JosephineKenney หลายเดือนก่อน +2

      I tried looking into new strategies to profit in the current market because my portfolio has been in the dumps for the entire year, but everything I tried just seemed to miss the point. Please let us know who your asset manager is by name.

    • @FinnBraylon
      @FinnBraylon หลายเดือนก่อน +2

      “Sonya Lee Mitchell” is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

    • @HildaBennet
      @HildaBennet หลายเดือนก่อน +3

      I copied her whole name and pasted it into my browser; her website appeared immediately, and her qualifications are excellent; thank you for sharing.

  • @Excalibur_86
    @Excalibur_86 ปีที่แล้ว +2

    This is why i hate brokers just have direct deals between buyer and seller.

  • @jasonjosephlee
    @jasonjosephlee ปีที่แล้ว +3254

    The big money is DEFINITELY made in real estate investing if you do it right, serhant just wants to promote and recruit agents onto his team… so of course this is gonna be his answer lol

    • @luismonte5400
      @luismonte5400 ปีที่แล้ว +77

      Yes so right as an agent I don’t wanna be an agent all my life running around calling showing houses no I wanna be the one on the other side but you can’t unless you do the big boy transactions I applaud your comment Jason

    • @Avidire
      @Avidire ปีที่แล้ว +49

      Whats so bad with being an agent? You learn the fundamentals and make connections.

    • @luismonte5400
      @luismonte5400 ปีที่แล้ว +19

      @@Avidire to buy the properties and get to the next level running around the city when your 50 60 dont make much sense to me

    • @joshuaadlam6008
      @joshuaadlam6008 ปีที่แล้ว +7

      Lol facts I thought the same thing

    • @igorsrbinovski8975
      @igorsrbinovski8975 ปีที่แล้ว +15

      You can do both. When you have an uncalled income & you're on the front line for real estate opportunities then you have a great combo to find great investments.

  • @eddyperez6139
    @eddyperez6139 ปีที่แล้ว +1284

    If someone ever says “risk free” it’s a scam

    • @mikhacoffman4522
      @mikhacoffman4522 ปีที่แล้ว +100

      Brokerage isn’t a scam lmfao that’s entire side of the industry

    • @tylermcclellan3186
      @tylermcclellan3186 ปีที่แล้ว +55

      Brokerage is essentially risk free if you are an ethical person, that can follow timelines, understand your paperwork, and get people into and out of property.
      Not a scam.

    • @notpachel
      @notpachel ปีที่แล้ว +1

      Brokerage firms like cbre and Cushman and wakefield exists. Where I work, great place to grow a career in real estate.

    • @adolphgracius9996
      @adolphgracius9996 ปีที่แล้ว +45

      it's literally risk free, you don't pay anything, you just need to be good at negotiating, that's what he means

    • @raresabraleaks8216
      @raresabraleaks8216 ปีที่แล้ว +16

      He meant financial risk.

  • @MegatPage
    @MegatPage 5 หลายเดือนก่อน +456

    I sold a couple properties in 2020 and I'm waiting for a house crash to happen so I buy cheap. In the meantime, I've been looking at stocks as an alt., any idea if it's a good time to buy? I hear people say it's a madhouse and a dead cat bounce right now but on the other hand, I still see and read articles of people pulling over $225k by the weeks in trades, how come?

    • @StocksWolf752
      @StocksWolf752 5 หลายเดือนก่อน +7

      You're not doing anything wrong, you just don't have the required skillset to profit off a down market, folks that are making profit in this market are pros and experts with in-depth knowledge and skillset.

    • @EleanorBaker474
      @EleanorBaker474 5 หลายเดือนก่อน +9

      A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.

    • @StacieBMui
      @StacieBMui 5 หลายเดือนก่อน +5

      How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.

    • @EleanorBaker474
      @EleanorBaker474 5 หลายเดือนก่อน +3

      Sonya Lee Mitchell is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..

    • @VictorBiggerstaff
      @VictorBiggerstaff 5 หลายเดือนก่อน +2

      I searched her up, and I have sent her an email. I hope she gets back to me soon. Thank you

  • @casinogeno1
    @casinogeno1 ปีที่แล้ว +557

    Aaaaaaaand that's why 90% of real estate agents are totally worthless.

    • @ryanreviews1741
      @ryanreviews1741 ปีที่แล้ว +13

      It’s like doing the bare minimum will get you so much fatter ahead of everyone else, people just get comfortable and never continue to grow

    • @patsfan4life
      @patsfan4life ปีที่แล้ว +13

      He said broker, not agent

    • @julianbroughton
      @julianbroughton ปีที่แล้ว +11

      ​@@patsfan4lifeyou have to be an agent first before you can become a broker. I think for 3yrs. Can't remember off the top of my head.

    • @9770G
      @9770G ปีที่แล้ว +19

      Can’t wait for real estate agents to be a thing of the past. Nobody benefits from them. Just like car salesmen. Sales as a whole needs to and will be gone thanks to AI. Sales ppl provide little value and cost both the buyer and seller a lot of $.

    • @Sowhat-b7e
      @Sowhat-b7e ปีที่แล้ว

      Where you get your stats from? Provide some valuable sources! Your probably some bitter cheap person who doesn’t like salespeople.

  • @dand33911
    @dand33911 ปีที่แล้ว +379

    As someone who's been a broker over a decade. Buy a 4 unit for your primary residence. That's the easiest way to become successful in real estate.

    • @mez7289
      @mez7289 ปีที่แล้ว +8

      can u explain further? im trying to get into this

    • @thewatchfuleye8401
      @thewatchfuleye8401 ปีที่แล้ว +52

      Horrible recommendation. Dirty secret in real estate duplexes, triplexes, and quads have huge turnover rates. Frankly most of the tenants in those hate those situations and are just waiting to move out ASAP. Stick to 3-4 Single Family Houses or single residences to rent out and stay away from what the guy above is talking about.

    • @whatnow63
      @whatnow63 ปีที่แล้ว +20

      it use to be good when they were 250k now quads are 800k and not always that good of property...

    • @JB-qt3wo
      @JB-qt3wo ปีที่แล้ว +23

      Living under the same roof as your tenants! Now that sounds like a dream!

    • @dand33911
      @dand33911 ปีที่แล้ว +12

      @JB-qt3wo
      Well, you get to pick them.
      To get started in real estate, it's better than living with your parents..

  • @rs-hf8mz
    @rs-hf8mz ปีที่แล้ว +11

    Trash advice its like saying don't be youtube be the guy making pennies on the platform hoping his video goes viral. Take that tax return you get every year from your 35 kid deduction and buy property. Then take out a helioc loan and buy another property, then rinse, and repeat. 401ks make you a slave to a company & tied to the craziest riskiest gamblers you ever met.

    • @jbatts834
      @jbatts834 ปีที่แล้ว

      This is literally why we have mortgage crisis every 5-7 years, because of retards like you who think real estate is an infinite money glitch.

    • @rs-hf8mz
      @rs-hf8mz ปีที่แล้ว

      @@jbatts834 It's better advice than what this vampire is suggesting. And no we've never had a mortgage crisis every 5-7 years in the country period. Since when does putting up collateral against debt hurt the economy? Go back to school rookie. We have however seen banks and companies too big to fail be bail out countless times 😆.

  • @richter0990
    @richter0990 ปีที่แล้ว +546

    He basically said ‘don’t build houses, sell houses for other people’ lol.

    • @Stacksyopo
      @Stacksyopo ปีที่แล้ว +20

      kind of , if you’ve been on tiktok you’ve seen how ppl put out signs saying @we buy houses “ they basically find someone interested in buying a home , then they report it to the owner or real estate investor , and they say hey i have someone who wants to purchase this house , you give me 10k out of what you make and i’ll send you the buyer , that’s not exactly how it goes but very similiar and i think that’s what he’s getting at , you basically get paid to be a middle man

    • @ThomasMooney-mw2eg
      @ThomasMooney-mw2eg 9 หลายเดือนก่อน

      well i am just confused on how to get started and how to get a capital to get started with.

    • @richter0990
      @richter0990 9 หลายเดือนก่อน +1

      @@ThomasMooney-mw2eg you find people with crap houses. Offer them money, then sell the contract for higher. If you can’t sell the contract you are obligated to buy it yourself. Bad idea honestly.

    • @MariaTerradas
      @MariaTerradas 9 หลายเดือนก่อน

      get a company that operates on crypto cloud mining and get a two-monthly contract with them. that's how i made $1m in one year. and i dived into real estate last year

    • @CharlesSharpe-hw1zr
      @CharlesSharpe-hw1zr 9 หลายเดือนก่อน +2

      well, the best step I took to get capital is by getting into crypto mining.

  • @JDLove0820
    @JDLove0820 ปีที่แล้ว +716

    Sweet, those glue bills have been eating me alive

    • @angelobrunetti3660
      @angelobrunetti3660 ปีที่แล้ว +6

      The first thing he had to say was glue

    • @spydersquirrel
      @spydersquirrel ปีที่แล้ว +7

      Eat the glue instead to show it who's boss

    • @Chris-fo9rf
      @Chris-fo9rf ปีที่แล้ว +2

      @@spydersquirrel I thought you had to sniff it?

    • @joliedawn4009
      @joliedawn4009 ปีที่แล้ว +1

      Burst into laughter 😂

    • @shoottothrill1881
      @shoottothrill1881 ปีที่แล้ว +4

      Tons of nuts and bolts too I’m sure 😂

  • @APR702
    @APR702 ปีที่แล้ว +594

    Have mommy and daddy be rich is a great start which is 90% of these “entrepreneurs “

    • @flyingwithanything27
      @flyingwithanything27 ปีที่แล้ว +136

      Relax bro. Get a job and build a business. You probably don’t have both

    • @jonsommet
      @jonsommet ปีที่แล้ว +93

      It's actually roughly 21%. Once you realize anyone can do it, you can do it. I did it.

    • @augustobatista9724
      @augustobatista9724 ปีที่แล้ว +28

      There is always someone that is worst than you are, you could cry all night, or caught up to them. In the end you have resilience, persistence, confidence... there is a trade off for everything, I just about how you look at it.

    • @debraburke3018
      @debraburke3018 ปีที่แล้ว +25

      Having wealthy parents is no guarantee of success. Most of the time they won't give you a dime because they want you to make it on your own and you still have to do the hard work just like anybody else starting out with nothing. You are using having wealthy parents as a roadblock to being successful.

    • @HMuny55
      @HMuny55 ปีที่แล้ว +13

      with that said, youre still where you are. And most wealthy are self made.

  • @nfinley
    @nfinley ปีที่แล้ว +64

    I would recommend 3 more bracelets

    • @saysoda1525
      @saysoda1525 ปีที่แล้ว +4

      😂😂😂😂 for real maybe 10 more just to be safe

    • @hamednoohi4944
      @hamednoohi4944 ปีที่แล้ว +1

      Lmao

    • @candyflip6345
      @candyflip6345 ปีที่แล้ว +2

      He ran out of glue, and nuts and bolts for his beads.

    • @confirmhandle
      @confirmhandle ปีที่แล้ว

      I thought same !!!!

    • @dejaentendu247
      @dejaentendu247 8 หลายเดือนก่อน

      While you're out there watching his videos making comments about his bracelets, he's making millions upon millions of dollars and you're helping him. I guess the bracelets are working.

  • @thebigten90
    @thebigten90 4 หลายเดือนก่อน +3

    Idk why anyone takes credible business advice from this guy as he basically just got successful because he faked his way into a show.

  • @higherwisdom8627
    @higherwisdom8627 ปีที่แล้ว +72

    Based on his logic- money is a higher commodity than time. He would rather risk time than money. 🤔

    • @jonsommet
      @jonsommet ปีที่แล้ว +2

      That's what I was thinking as well.

    • @paolo1616
      @paolo1616 ปีที่แล้ว +23

      Yeah but if you have no money to risk then your only asset is your time i guess

    • @higherwisdom8627
      @higherwisdom8627 ปีที่แล้ว +4

      @@paolo1616 agreed - there are points in life where time has to be sold for money to start off. Both are important commodities- however, there is no fiscal value on time.

    • @jonsommet
      @jonsommet ปีที่แล้ว

      @@paolo1616 still not true. have you heard of leveraged debt? Lose 90% of someone else's money in Real-estate

    • @paolo1616
      @paolo1616 ปีที่แล้ว +1

      @@higherwisdom8627 yes, I see your point!

  • @nunyabidness117
    @nunyabidness117 ปีที่แล้ว +2

    Umm...no. He's full of shit. Start small. Probably the easiest way is to buy a duplex since banks treat them the same way as a single family provided tou live there. Live in half, rent the other half, keep working, live like you are in poverty, drive shit cars, and save enough to either pay cash or put a down payment on another duplex that will be your primary residence. I would finance no more than 2 and when you have the 2nd do everything you can to off the one you are living in. Then obtain a HELOC. Home equity line of credit. This will enable you to pay cash for that one-in-a-million deal that will inevitably show up.

  • @Gamovr-ru2yk
    @Gamovr-ru2yk ปีที่แล้ว +1

    Glue, nuts and bolts to build a house? Yea please stay away from the construction side of things😂

  • @raha1277
    @raha1277 ปีที่แล้ว +7

    Umm you have to be an agent for 3 years before getting your brokerage license and then start a brokerage which needs a physical location and does have overhead. I’m not saying that’s not a great job but it’s not a first step.

    • @Tony-gh8gg
      @Tony-gh8gg ปีที่แล้ว +4

      Don’t worry this is just a brokerage ad

    • @vlads.1
      @vlads.1 ปีที่แล้ว

      What do you think you should do?

    • @PrettyBoyAzzAnjel
      @PrettyBoyAzzAnjel ปีที่แล้ว +1

      I love you brosky thank you for telling me I did the research your right 💙🦾😮‍💨

  • @Damon-qt3fw
    @Damon-qt3fw ปีที่แล้ว +37

    Here in Florida, you have to be an agent under a broker for two years before you can take test and license as a broker. Once you are a broker, then you can be a property manager. Property management can pay the bills while brokering makes the money.

    • @newvisionmoney007
      @newvisionmoney007 ปีที่แล้ว +1

      It's important to learn before one jumps into the big lake. The risks are high, so learning the trade is important

    • @lukaszmaziarzny
      @lukaszmaziarzny 24 วันที่ผ่านมา

      i dont think this is accurate. i can buy few houses and do property management myself without being a real estate agent.

  • @Rognick98
    @Rognick98 ปีที่แล้ว +43

    As soon as he said glue, nuts and bolts for houses I was like ah what kinda houses has he seen.

    • @assetstacker
      @assetstacker ปีที่แล้ว +1

      Haha I was looking for this

    • @thebigten90
      @thebigten90 4 หลายเดือนก่อน

      He’s acting like he has to dumb it down because he’s so smart

  • @nickf8028
    @nickf8028 ปีที่แล้ว +9

    My real estate agent pulled in an average americans yearly salary on commission to do absolutely nothing.

    • @marcamaral7870
      @marcamaral7870 ปีที่แล้ว +3

      So why don’t you get the license and do it?

    • @nickf8028
      @nickf8028 ปีที่แล้ว +2

      @@marcamaral7870 bc I'm not comfortable being a scam artist.

    • @marcamaral7870
      @marcamaral7870 ปีที่แล้ว

      @@nickf8028 cool excuse for you're to lazy and not competent enough to deal with people on a daily basis.

    • @israelmorales8048
      @israelmorales8048 ปีที่แล้ว +4

      Wait until u find out about car dealerships brokers, furniture store sellers, TV sellers, suppliers sellers on any area in your logic they're doing "nothing" 😂 but real busy people would fall apart without them, and most of buyers won't find a good deal but a mediocre one, that if they're lucky and not get scammed

    • @mistertexaz
      @mistertexaz ปีที่แล้ว +4

      @@nickf8028 scam artist 😂. If it’s such a scam why is it such a regulated and licensed industry, and why does it have such a high failure rate?

  • @eliot5220
    @eliot5220 ปีที่แล้ว +41

    I know about 50 agents and they’re all broke

    • @jdcd001
      @jdcd001 ปีที่แล้ว +4

      Real estate agents are not real estate investors.

    • @eliot5220
      @eliot5220 ปีที่แล้ว

      @@jdcd001 what’s your point?

    • @jdcd001
      @jdcd001 ปีที่แล้ว

      @Sensible Mind He's talking about real estate investors, not real estate agents.

    • @eliot5220
      @eliot5220 ปีที่แล้ว +1

      @@jdcd001 right I’m an investor it’s better than being an agent. That was my point.

    • @eliot5220
      @eliot5220 ปีที่แล้ว +1

      @@jdcd001 he was saying that brokerage is no risk and you make more money.

  • @TheThegreenpi
    @TheThegreenpi ปีที่แล้ว +79

    The problem is most brokers and realtors have no idea on how real estate investing works lmao

    • @Jayyy_Wav
      @Jayyy_Wav ปีที่แล้ว +3

      That’s simply not true.

    • @TheThegreenpi
      @TheThegreenpi ปีที่แล้ว

      ​@@Jayyy_Wavit's very true. If they knew anything about investing they wouldn't be selling anymore 😂😂😂
      Selling real estate is nothing but sales
      Owning and investing is an actual business..

    • @Bric333
      @Bric333 2 หลายเดือนก่อน

      We will help u make good investments. Thats our job. We have access to the mls and more services. It’s our job to help u make good investments

  • @ldandco
    @ldandco ปีที่แล้ว +1

    So in short, he is promoting a profession that helps professionals in a profession he doesn't recommend getting into.
    Anyone else see something wrong with this ?

  • @KellanJames
    @KellanJames ปีที่แล้ว +1

    Such backwards advice. Go into real estate investing, but do it right from the start.

  • @andyroo7121
    @andyroo7121 ปีที่แล้ว +3

    So he’s saying don’t be an investor get another job. That’s like saying instead of investing in tech companies go be a software engineer. Two totally different things.

  • @MarshallSweet
    @MarshallSweet ปีที่แล้ว +10

    Guys notice he said do no go IMMIDIETLY into real estate investing and this is 100% true. Starting off as the middle man will allow to grow and learn. See what mistakes others make at no risk to you so when you DO go in you can have more confidence and knowledge and are more likely to be successful with it rather than jumping right into it swinging your cash around like an idiot on a property you THINK is good when you have no real experience.

    • @rickyfalsetta8457
      @rickyfalsetta8457 5 หลายเดือนก่อน

      Thank you. Have a call tomorrow and on the fence... I want it... Not the glue or nuts but the knowledge. Be well... Godspeed

  • @philipj.sherman2987
    @philipj.sherman2987 9 หลายเดือนก่อน +1

    This guy clearly doesn't know what he's talking about.
    To him, all real estate investing requires making repairs, apparently.
    There are several types of real estate investing.

  • @rrcsunscottage
    @rrcsunscottage ปีที่แล้ว +1

    SUNS Realty Group
    A leading real estate company in India

  • @MWCRUSADER0508
    @MWCRUSADER0508 ปีที่แล้ว +1

    He’s not correct if you don’t have the full passion for RE. It just takes “time” to become wealthy through investing, won’t be quick

  • @pplcajason
    @pplcajason ปีที่แล้ว +1

    Haha TIME is MOST valuable! Being a useless pimp broker. Nice.

  • @W2Capitalist
    @W2Capitalist ปีที่แล้ว +2

    Everyone’s situation is different. You can’t blanket statement that answer. If your goal is to make $1MM in RE, take a look at your situation, find someone who used to be in a similar situation (who is growing toward a similar goal) and follow them.

  • @27patrick1981
    @27patrick1981 ปีที่แล้ว +1

    How many tacky bracelets can one man wear? Also, making whoop look bad.

  • @mithicash1444
    @mithicash1444 ปีที่แล้ว +1

    Give me 2 millon and I will make 100k/yr rusk free from certificates and bonds.

  • @robertcrager843
    @robertcrager843 ปีที่แล้ว +1

    This is a scared person perspective.
    Instead Put your time effort and money into owning real estate.

  • @Kenny-Ross
    @Kenny-Ross ปีที่แล้ว +9

    "The risk is your time but the reward can be endless." This can be applied to other endeavors as well.

  • @biggerminds523
    @biggerminds523 ปีที่แล้ว +2

    All those idiots telling you how to get rich. It's always the same, sucking out as much money from people as possible is the thing they always say in the end. Like a true narcissist

  • @MitchDurfeeOfficial
    @MitchDurfeeOfficial ปีที่แล้ว +1

    I’ve never used glue while building a home and I make millions… I will say he’s wealthier than I am but he also won the genetic Olympics 😂

  • @skyinvest6087
    @skyinvest6087 ปีที่แล้ว +1

    he's just sayin that to attract agents.. ofc the big money is in real estate and he knows it

  • @cinematicjoe5514
    @cinematicjoe5514 ปีที่แล้ว +1

    Lol skip. No risk investing is Bernie madoff stuff

  • @Ryem3
    @Ryem3 ปีที่แล้ว +2

    You’re a broker you’re not using leverage and you’re a slave to rich idiots. And the market is squeezing commissions by eliminating intermediation. That’s hardly going to get you rich

    • @mistertexaz
      @mistertexaz ปีที่แล้ว +1

      Real estate brokerage is slowly being disrupted. Who knows if it will eventually eliminate the need for agents…

    • @Ryem3
      @Ryem3 ปีที่แล้ว

      @@mistertexaz I wouldn’t say slowly getting disrupted! The checks on big properties are especially ridiculous

  • @DKL997
    @DKL997 ปีที่แล้ว +1

    That would be called “working a job”. It’s not the same thing as “investing money”.

  • @LivitiProperty
    @LivitiProperty 4 หลายเดือนก่อน +1

    Definitely, without proper knowledge and analysis there is a huge risk to lose money.

  • @JB-qt3wo
    @JB-qt3wo ปีที่แล้ว +1

    If you’re a resi-real estate agent just starting out most aren’t going to be brokering sales on million dollar homes…that market is highly saturated. If you’re going to be a broker…broker the financing, and preferably broker financing for commercial deals.

  • @Alphaa254
    @Alphaa254 ปีที่แล้ว +1

    Sounds bullshit to me

  • @rave400v6
    @rave400v6 ปีที่แล้ว +1

    So its just a typical middleman seller job.

  • @seabass3104
    @seabass3104 ปีที่แล้ว +1

    A dude that wears white socks cannot be trusted.

  • @gemini92406
    @gemini92406 ปีที่แล้ว +2

    So I buy 10 properties when percentage rates go down. Occupy them with reliable tenants and I will lose money? This guy is a genius...

  • @mybeloved1
    @mybeloved1 10 หลายเดือนก่อน +3

    Just another investor derailing newbie investors.... perpetual run around while they scoop up all the deals!!!!

  • @coltglass1270
    @coltglass1270 ปีที่แล้ว +1

    This guy provides no value and collects a paycheck. That’s basically what he said

  • @yeurymateo
    @yeurymateo ปีที่แล้ว +24

    Agree I started investing before the pandemic and I learned everything from TH-cam and just going out there and doing it. Being very very meticulous with the numbers and as of today I own 22 doors and stopped my 9-5 job about a year ago 🙏🏽🙏🏽 definitely investing is were you can make the most money.

    • @rosiebelf955
      @rosiebelf955 ปีที่แล้ว

      what was your first step?

    • @raulmaximo5810
      @raulmaximo5810 10 หลายเดือนก่อน +1

      hi bruv, what was the first book where you started, or did you make a vid list?, thanks in advance, wish you the best in your endeavours!

  • @abuyutonyese1239
    @abuyutonyese1239 ปีที่แล้ว +8

    I've been involved with crypto since 2016 and
    I'm actually glad I did back then as it was a
    water flow moment for me financially, the
    smartest move l've ever made in my life

    • @francessisabella1024
      @francessisabella1024 ปีที่แล้ว +1

      But people don't believe it's true anyone
      can make money from home online
      because of the high rates of scams in
      the business.

    • @sdestructor185
      @sdestructor185 ปีที่แล้ว

      Hey man the real deal “which is what imma try to do” is learn so if I could ask u the small favor to mentor me at leats things to get started and learn a bit more yk?

  • @alexbw3067
    @alexbw3067 ปีที่แล้ว +1

    Since when did brokers make more than investors. Well, at least you don’t have to buy the glue

  • @getqonfidentwithq8951
    @getqonfidentwithq8951 ปีที่แล้ว +1

    Idk id rather lose money than time. I can get money back, I can’t get time back. The mistakes I make in investing I’ll turn from for the next deal

  • @ajubhosle
    @ajubhosle ปีที่แล้ว +15

    Most agents add no value to the transaction

    • @weepingangel6805
      @weepingangel6805 ปีที่แล้ว

      Be a broker but for the investor not the seller. Find deals for the investor and they will pay you a finders fee

    • @jordanyzapata1878
      @jordanyzapata1878 ปีที่แล้ว +1

      Except finding acceptable properties or buyers for you and executing the negotiations and paperwork?

  • @TroyL23
    @TroyL23 11 หลายเดือนก่อน +2

    He didn’t say real estate bad he just said he wouldn’t recommend jumping straight into it too bad that’s what I plan to do 😂

  • @LoganAllec
    @LoganAllec ปีที่แล้ว +4

    So basically...start a business?

  • @dawae8482
    @dawae8482 ปีที่แล้ว +3

    No risk no gain, just do research and you’ll increase ur chances

  • @TheFasterFreedomShow
    @TheFasterFreedomShow ปีที่แล้ว +1

    Know what your doing..Don't get burned💯

  • @eightmn
    @eightmn ปีที่แล้ว +2

    If your real estate broker asks what your nuts bolts and glue budget is, get a new broker.

  • @Lukas-rw7ok
    @Lukas-rw7ok ปีที่แล้ว +2

    Most real estate agents have no idea how investing works.

  • @tztz1949
    @tztz1949 ปีที่แล้ว +3

    Sure, but brokers are pondscum

  • @noobslayer10101
    @noobslayer10101 ปีที่แล้ว +1

    He is leaving a lot out in this

  • @KellySellsLuxury
    @KellySellsLuxury ปีที่แล้ว +1

    It’s all a risk in real estate, you just have to know your tolerance level and be committed to the industry. And know your ‘why’ and stick to it! Real estate is a long term play..

  • @xvvmil
    @xvvmil ปีที่แล้ว +1

    Imagine saying that but you live based off of that. 😂😂😂🙃🙃

  • @eliot5220
    @eliot5220 ปีที่แล้ว +1

    I never worked as an agent but have made a million investing

  • @diazalex5314
    @diazalex5314 ปีที่แล้ว +1

    That us called a job😂

  • @smokintreesdrainin3s
    @smokintreesdrainin3s ปีที่แล้ว +64

    Man said glue and nuts and bolts like that's how you build a house lmao

    • @reinvestorshow
      @reinvestorshow ปีที่แล้ว

      I mean they’re all in building a house but yea wood would have been like 1000x better example 😂

    • @RS-gd2ct
      @RS-gd2ct ปีที่แล้ว

      Houses in Ohio

    • @MercenarySed
      @MercenarySed ปีที่แล้ว +1

      Its how u build a dodge

    • @MM-lo9tk
      @MM-lo9tk ปีที่แล้ว

      Every single one of those is used in building a house....

    • @davegordon6943
      @davegordon6943 ปีที่แล้ว

      no shit and did you see the rake boards or whatever they were supposed to be on that little building video. that's hilarious

  • @DrHumorous
    @DrHumorous 4 หลายเดือนก่อน +1

    If your time is worthless than indeed, it's risk-free.

  • @isaquest1645
    @isaquest1645 ปีที่แล้ว +1

    Brokerage is what has fallen in the last few months. Much less money to be made now. Be careful what you hear. Get to KNOW the real estate market you go into BEFORE your pursuit.

  • @andyc9902
    @andyc9902 ปีที่แล้ว +1

    Just an agent. .
    No effort

  • @demonkingofthe6thheaven
    @demonkingofthe6thheaven ปีที่แล้ว +8

    Wholesaling : do I not exist

    • @smallbeans101
      @smallbeans101 ปีที่แล้ว +2

      That's a scam and not a trust worthy income

    • @demonkingofthe6thheaven
      @demonkingofthe6thheaven ปีที่แล้ว +1

      @@smallbeans101 can you explain how it's a scam and all forms of investing are unpredictable and volitale

    • @smallbeans101
      @smallbeans101 ปีที่แล้ว

      @@demonkingofthe6thheaven wholesaling is when you just buy a property and connect a buyer at a higher price than you found it for. That's a scam. If you are talking about doing a fixer upper that's renovating houses which is okay

    • @demonkingofthe6thheaven
      @demonkingofthe6thheaven ปีที่แล้ว +1

      @@smallbeans101 I know what wholesaling Is but how is that a scam ? Is the concept of a middle man a scam to you?

    • @freejazir
      @freejazir ปีที่แล้ว

      @@smallbeans101 scam means there’s fraud, a wholesaling itself is not a scam although I’m sure there’s some scammers within the industry. I also know flippers who seek out wholesalers to buy property because they tend to find better deals then what’s on market

  • @jay.perspective7377
    @jay.perspective7377 ปีที่แล้ว +1

    So…. A job

  • @NewYorkAngelo
    @NewYorkAngelo ปีที่แล้ว +1

    The overhead of a brokerage is substantial!

  • @flytyingtex
    @flytyingtex ปีที่แล้ว

    Meh advice…. With $1M go buy a few single family or multi family homes in growing areas. You can either live off the cash flow or refinance them pulling out the cash to buy more RE w the cash you pulled out. Let those assets run for 10+ years and you are set for life. Small and mighty investor, it’s not going to give you yachts but it will give you financial freedom.

  • @kido1131
    @kido1131 ปีที่แล้ว +1

    Bad advice!

  • @alexluthor7215
    @alexluthor7215 ปีที่แล้ว +1

    Construction workers doing Shoddy work .

  • @T-FitnessDaily
    @T-FitnessDaily 6 หลายเดือนก่อน

    Only thing he’s wrong about is it requiring money. You have to pay for schooling, to take the test, and numerous fees after you get hired by a brokerage and making money is not guaranteed

  • @caioguimaraes-pq6vb
    @caioguimaraes-pq6vb ปีที่แล้ว +1

    It's free real estate

  • @internettoughguy
    @internettoughguy ปีที่แล้ว +1

    Hahaha. "I'm a middle man and get paid a boat load of money."

  • @NucciLives
    @NucciLives ปีที่แล้ว +2

    "THE GLUE" LOL

  • @emmanuellebon7810
    @emmanuellebon7810 10 หลายเดือนก่อน +1

    worse advice ever

  • @ferdinandhe5239
    @ferdinandhe5239 ปีที่แล้ว +1

    But don’t forget there’s only one Ryan serhant, most real estate agent only makes 40k-60k per yr

  • @therallyguy1
    @therallyguy1 ปีที่แล้ว +1

    Glue nuts and bolts? What kind of houses are you selling

  • @-LUUK-
    @-LUUK- 10 หลายเดือนก่อน +1

    Says nothing

  • @scottrockett6382
    @scottrockett6382 ปีที่แล้ว +1

    Nuts and bolts… hahahah. Never held a hammer.

  • @WMWMW7200
    @WMWMW7200 ปีที่แล้ว +1

    I don't agree

  • @Nemo00013
    @Nemo00013 2 หลายเดือนก่อน

    What a LIE! Between License, NAR, MLS you're in easily $2,500. That's without accounting for Marketing, Lead Gen, Mentorship, Splits, Fees. Now, as opposed to investing, it's free. However, not only is it not free, it's actually really time consuming and hard.

  • @eliot5220
    @eliot5220 ปีที่แล้ว +1

    If investors don’t do anything the agents can’t make any money. So as an agent you’re always dependent on someone else.

  • @eliot5220
    @eliot5220 ปีที่แล้ว +1

    Average real estate agent makes less than 40k a year then they quit

  • @steelb2880
    @steelb2880 ปีที่แล้ว +1

    Did he say glue, what house is made with glue?

  • @sayeedcandelario
    @sayeedcandelario ปีที่แล้ว +1

    Wholesaling to get your foot into the door the scale

  • @justinbieber12373
    @justinbieber12373 ปีที่แล้ว +1

    Don't forget a TV SHOW ... REALESTATE AGENTS EVERYWHERE...... Just a few on TV..

  • @JoeM370
    @JoeM370 10 หลายเดือนก่อน

    I'm fascinated by the insightfulness of this content. A book with similar substance opened new perspectives for me. "A Life Unplugged: Reclaiming Reality in a Digital Age" by Theodore Blaze

  • @saido.creatives
    @saido.creatives ปีที่แล้ว +1

    loved your content! do you have a business email or should I shoot you a DM?

  • @TodayWeGamble
    @TodayWeGamble ปีที่แล้ว

    Aka real estate agents are middle men. Take a high % for work that should be directed with the seller. Percentage is way to high.

  • @dabrego66
    @dabrego66 ปีที่แล้ว

    The worst piece of advice. I’ve never heard a seasoned full time investor ever say, I wish I was just a an RE broker.
    Making money 24/7 365 days a year is where it’s at. While you sleep, vacation or doing whatever you like.
    Being a broker means buyers and sellers ( especially the high end) think they own you.
    You might and I do mean might get rich as a broker but you will not get WEALTHY. Own your time.

  • @MYGARAGE777
    @MYGARAGE777 ปีที่แล้ว +1

    Misleading

  • @forgetmre
    @forgetmre ปีที่แล้ว +1

    What a contradiction 🤣🤣🤣... real estate investmenting