Out of towners tend to distort pricing, leading to more distortions for locals who understand the dynamics, so IMO, they deserve to lose everything so the cycle can right itself...what sucks w/ Fed rate games, they often prevent such cleansing, allowing for further distortions down the line, making lives difficult for all the local people, renters and landlords...
great video. I had checked several of those mistakes and learned alot during this process. By end of day you got to do your first deal and learn from it.
Of course it is still valid! Don’t allow anyone to fool you into believing those 1% days are gone. I live in Canada and you are lucky if you can find a 0.5% deal. That means people have been WAY overpaying for WAY too long. Prices will come back to historic norms adjusted for inflation, just give it time in your market. If you do the math for a property yourself, if it isn’t at least close to 1%, you are overpaying period. Equity is the cherry, cash flow is the sundae.
Particularly insightful information in this video. Thank you, Ken and team! That being said, I will say I caught some video defects (like at 10:18 and 14:18) that detracted from your typical quality. Still love all your stuff, though. Keep the videos coming!
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Brooke Grace Miller.
She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states
I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills
Addressing the capitalism skeptics below. Your time is not free. The business Ken talks about assumes the listener to have the acumen or decency to assume that he’s in the business to provide value to the community of renters. Otherwise, a business would not survive. Nobody put a gun to someone’s head and forced them to rent, buy a commodity.
Making profitable investments during this time of political change can be risky without that insight. For me, working with an adviser is the best first step to navigate these complexities and make informed choices.
This channel is great for explaining things and really do show these people truly arent there to 'help' others but how to profit off them. That's why he calls it a business and he's right, businesses arent your friend. You're their source of income for themselves especially when the property is paid off and they don't add/maintain things but prices go up. Love how they don't talk about the people/community behind the greed of owners and investors.
So easy to understand how he explains things! Great video!
THIS! Thank you for these wise words. It's exactly what I needed to hear at this moment.
Out of towners tend to distort pricing, leading to more distortions for locals who understand the dynamics, so IMO, they deserve to lose everything so the cycle can right itself...what sucks w/ Fed rate games, they often prevent such cleansing, allowing for further distortions down the line, making lives difficult for all the local people, renters and landlords...
great video. I had checked several of those mistakes and learned alot during this process. By end of day you got to do your first deal and learn from it.
A valuable video Ken! What's your opinion of the 1% rental rule? Is it still valid today? And if so, under what conditions would you use it? Thanks!
Of course it is still valid! Don’t allow anyone to fool you into believing those 1% days are gone. I live in Canada and you are lucky if you can find a 0.5% deal. That means people have been WAY overpaying for WAY too long. Prices will come back to historic norms adjusted for inflation, just give it time in your market. If you do the math for a property yourself, if it isn’t at least close to 1%, you are overpaying period. Equity is the cherry, cash flow is the sundae.
Congratulations on the Development , outstanding .
Particularly insightful information in this video. Thank you, Ken and team! That being said, I will say I caught some video defects (like at 10:18 and 14:18) that detracted from your typical quality. Still love all your stuff, though. Keep the videos coming!
This video is begging for chapters.
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Brooke Grace Miller.
I'm surprised that you just mentioned and recommended Brooke Miller, I met her at a conference in 2018 and we have been working together ever since.
The very first time we tried, we invested $1000 and after a week, we received $5500. That really helped us a lot to pay up our bills.
She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states
I'm new at this, please how can I reach her?
I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills
Very good advice. Thank you.
Thanks for this vid ken. Coming from a noobie this is a great vid.
Wait, so the Monopoly game is actually based on real properties? 🤯 I need to know where I can get this game! 🏘
Since property management is key, suggestions on education?
What aspect of property management are you referring to mostly?
With the integration of AI and cross-chain, Alemio Network is merging two worlds in a big way. This could be a game-changer.
This is a solid list!
Addressing the capitalism skeptics below.
Your time is not free. The business Ken talks about assumes the listener to have the acumen or decency to assume that he’s in the business to provide value to the community of renters. Otherwise, a business would not survive. Nobody put a gun to someone’s head and forced them to rent, buy a commodity.
Rumor is that Michael Saylor invested in Alemio Network and will push this project to the moon!
Why do I make so many mistakes? I can’t understand why I have to correct so many when I’m already overwhelmed by just one. In fact I have none!
Thank you.
Making profitable investments during this time of political change can be risky without that insight. For me, working with an adviser is the best first step to navigate these complexities and make informed choices.
😂 it's true 😊 awesome 💯 video
This channel is great for explaining things and really do show these people truly arent there to 'help' others but how to profit off them. That's why he calls it a business and he's right, businesses arent your friend. You're their source of income for themselves especially when the property is paid off and they don't add/maintain things but prices go up. Love how they don't talk about the people/community behind the greed of owners and investors.
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