financial freedom with real estate investing | how to make $6000/month passive income

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  • เผยแพร่เมื่อ 18 ต.ค. 2024

ความคิดเห็น • 63

  • @AdityaKumarSoma
    @AdityaKumarSoma  3 ปีที่แล้ว

    Download a FREE WINDSOR GUIDE - which will give you a deep understanding of Windsor Ontario, neighbourhoods, property price’s, rents...
    wincityre.com/windsor-real-estate-market-guide/

  • @eadad4371
    @eadad4371 2 ปีที่แล้ว +12

    This is a fantastic breakdown of the steps you have to take to build true wealth. I feel exceptionally lucky I started investing in my early 30s and consistently compounded my income via assets to create more cash flow. I grew to a 7 figure mark well-diversified portfolio having exposure to different prolific lnvestments. Passive income is mandatory for building long term wealth

    • @emeldcentor1474
      @emeldcentor1474 2 ปีที่แล้ว

      what kinds of investments do you make. I totally agree with you. I have a lump sum right now doing next to nothing in a savings account. but it's hard for me to take part in the market right now due to the fulltime nature of my job. it will be way to stressful to combine so i don't even think about-facing it

    • @eadad4371
      @eadad4371 2 ปีที่แล้ว

      @@emeldcentor1474 I invest across the top markets but not by myself though. i follow the guidelines of Regina Louise Collaro . you might have heard of her.. I can correctly say she's worth her salt as a investment advisor as her diversification skills are top notch, I say this because i see that in her results as my portfolio grows by averages of 20 to 3O% on a monthly basis, unlike i can say for my IRA which has just been trudging along. my portfolio just mirrors what she place and not just on some particular industries of my choosing

    • @emeldcentor1474
      @emeldcentor1474 2 ปีที่แล้ว

      @@eadad4371 That’s great , your investment advisor must be really good,I have seen testimonies of people using the help of investment advisors in making them more financial stable. Do you mind sharing more info on this person?

    • @eadad4371
      @eadad4371 2 ปีที่แล้ว

      @@emeldcentor1474 look her up on the internet and leave her a message she's quite popular for her services as she was recently featured on
      cnn. She can work with anyone irrespective of where your located

    • @stephaniefythm
      @stephaniefythm 2 ปีที่แล้ว

      @@eadad4371 I'd always be willing to do this for the long-term as long as I’m assured of success. I think I've heard Regina Louise Collaro mentioned a few times before and I reckon this number of people talking about one person can't be wrong about their experiences.

  • @Raju
    @Raju 2 หลายเดือนก่อน

    Great content, Aditya garu. Keep up the good work.

  • @dgmorr
    @dgmorr 2 ปีที่แล้ว

    How hard is it to get the rental permits now that the city is implementing the requirement?

  • @mrmark2582
    @mrmark2582 3 ปีที่แล้ว +5

    I don’t know who needs to hear this but stop saving all your money, invest some of it if you want financial freedom

    • @mrmark2582
      @mrmark2582 3 ปีที่แล้ว

      Invest in Bitcoin, gold, silver , the forex market , buy stock, anything !

    • @trevorporter4096
      @trevorporter4096 3 ปีที่แล้ว

      @@mrmark2582 Honestly man. I tell this to my friends everyday. It’s good to save money but you gotta have that investing spirit if you really want financial freedom.

    • @santiagohilton5220
      @santiagohilton5220 3 ปีที่แล้ว

      @@trevorporter4096 I totally agree with you

    • @user-uz2ez3ei7m
      @user-uz2ez3ei7m 3 ปีที่แล้ว

      @@trevorporter4096 But what if you don’t know how to trade any of these? I mean, I see your point. Some people have the money and are willing to invest. But the problem is where to

    • @BenSmith-ys5sq
      @BenSmith-ys5sq 3 ปีที่แล้ว

      @@user-uz2ez3ei7m Dude, this is 2021. People who aren’t even traders still make money from their the crypto and forex markets

  • @mahmudarumman7403
    @mahmudarumman7403 3 ปีที่แล้ว

    HELLO Mr. Aditya how can I contact you

  • @adsilva16
    @adsilva16 3 ปีที่แล้ว

    Great video,Aditya!

  • @olivejohnson6167
    @olivejohnson6167 3 ปีที่แล้ว +1

    Great story and strategy.
    I am not sure I understand the term “refinance”. I thought when you refinance a property, the bank give you money and take the property and you move on.
    But she went into the refinance process and still have the house.
    Please excuse my ignorance and maybe can you try to explain it again... ☹️

    • @AdityaKumarSoma
      @AdityaKumarSoma  3 ปีที่แล้ว +2

      No - refinance means bank is giving you loan on new property value - if it’s more than the previous you can take the difference in cash.
      That’s how she got extra money

    • @olivejohnson6167
      @olivejohnson6167 3 ปีที่แล้ว +1

      @@AdityaKumarSoma Thank you so much, it’s more clear now. Please what are the criteria to be eligible for refinance? And when can you be eligible for it?

    • @AdityaKumarSoma
      @AdityaKumarSoma  3 ปีที่แล้ว +2

      @@olivejohnson6167 just the same process when you get new mortgage- your credit score income and debit any lender look at

    • @olivejohnson6167
      @olivejohnson6167 3 ปีที่แล้ว +2

      @@AdityaKumarSoma Thank you so much. 😊

    • @AdityaKumarSoma
      @AdityaKumarSoma  3 ปีที่แล้ว +1

      @@olivejohnson6167 you’re welcome

  • @pepa_inu
    @pepa_inu 3 ปีที่แล้ว +3

    I am an international student here in Ontario,can I work part time in real estate?

    • @AdityaKumarSoma
      @AdityaKumarSoma  3 ปีที่แล้ว +2

      Not as a real estate agent - but you can work for investor or real estate agent or broker
      May be as admin, marketing, inside sale agent....

    • @pepa_inu
      @pepa_inu 3 ปีที่แล้ว

      @@AdityaKumarSoma thank you

  • @ramanbrar5140
    @ramanbrar5140 3 ปีที่แล้ว

    Did she hire a property manager and how much does it cost?

  • @abdulmubeenmohammed8561
    @abdulmubeenmohammed8561 3 ปีที่แล้ว +1

    Great strategy

  • @stepht3961
    @stepht3961 3 ปีที่แล้ว +1

    @aditya what do you mean when you said she was able to pull out all her money after refinancing?

    • @AdityaKumarSoma
      @AdityaKumarSoma  3 ปีที่แล้ว

      I mean all her initially invest (cash she invested into the deal)

    • @stepht3961
      @stepht3961 3 ปีที่แล้ว

      @@AdityaKumarSoma w/c is initial Downpayment + closing fees + renovation cost. Correct me if I'm wrong and wow that's awesome

    • @AdityaKumarSoma
      @AdityaKumarSoma  3 ปีที่แล้ว +1

      @@stepht3961 yes that’s correct all together- of course market appreciation helped too 😃

  • @manojshankarkhurana2012
    @manojshankarkhurana2012 3 ปีที่แล้ว

    I want to be in real estate business, what course are offered and from which college or university in Canada, preferably Edmonton pertaining to real estate and broking agent ?

  • @sajjadwateen
    @sajjadwateen 3 ปีที่แล้ว

    Great brother nice video

  • @DreamBigVlogss
    @DreamBigVlogss 3 ปีที่แล้ว

    please share the BEFORE and AFTER pictures of her second property.

  • @desireemckenzie12
    @desireemckenzie12 3 ปีที่แล้ว

    Where is this location? In my location price has jump up to 20% and you can't even keep up with the bidding war. A house for 325k sold for 400k.

  • @sumitedwards
    @sumitedwards 3 ปีที่แล้ว +2

    Again, a great video, Aditya.... I believe, it would be great if you could please make a video with an example and help everyone (including me) with this word "refinance". How and when to use it and it's benefits... I am sure, it would be a super valuable to everyone.. Thank you again Aditya for this video. Looking forward for more.

    • @AdityaKumarSoma
      @AdityaKumarSoma  3 ปีที่แล้ว +1

      Sure Sumit working on some videos that will help to answer many basic questions when your starting

    • @sumitedwards
      @sumitedwards 3 ปีที่แล้ว

      @@AdityaKumarSoma thank you. Stay safe.

  • @AdityaKumarSoma
    @AdityaKumarSoma  3 ปีที่แล้ว +3

    just curious what would you do if you have financial freedom? 🤔

    • @iftekharzico9536
      @iftekharzico9536 3 ปีที่แล้ว +1

      It would be a dream come true moment for me haha
      But honestly, i would love to travel the world, love to go watch world cup soccer every 4 years.
      I would like to save some money from my passive income and love to re-investment them on rental property and stocks/ETF.

    • @MrRoseleen05
      @MrRoseleen05 3 ปีที่แล้ว +1

      I wants to join can somone tell me what’s splitting

    • @mamathasoma5082
      @mamathasoma5082 3 ปีที่แล้ว +2

      First thing I will take a break for 1 year and explore the nature. 🏄‍♀️🏃‍♀️🚣‍♀️🏋️‍♀️🤽‍♀️🚵‍♀️

    • @AdityaKumarSoma
      @AdityaKumarSoma  3 ปีที่แล้ว

      @@mamathasoma5082 😍let’s take a long break in 2022

  • @vardhilpatel
    @vardhilpatel 2 ปีที่แล้ว

    👍🏻

  • @bhupinderarora9208
    @bhupinderarora9208 2 ปีที่แล้ว +2

    When it comes to choosing tenants, the rules are very restrictive from what I have seen around and come across. Is it even legally allowed to advertise a property selectively just for females or males and then on top of that restrict it further to Medical or Engineering students. Everything of that kind becomes an issue and is tagged as discriminatory. Let alone picking and choosing among human beings based on their gender or qualification ... one can't even separate animals/pets from human beings ...even that is illegal. One can't even be selective about smoker/non-smoker. The rules are so much skewed and unfair.

    • @saicharan6013
      @saicharan6013 2 ปีที่แล้ว +1

      That’s discriminatory and highly illegal in Canada.

  • @durga1417
    @durga1417 3 ปีที่แล้ว

    Hi Adhitya Which part of canada.could you share the no.And which part of India I am also Telugu??

  • @hellofuture2656
    @hellofuture2656 3 ปีที่แล้ว

    Is it worth to buy student rental cash to get the highest net returns ?

  • @anilkumardandu01
    @anilkumardandu01 3 ปีที่แล้ว

    i appreciate your videos. Really a-lot inspiring but i don’t see any where in any video about the backup plan if properties are not occupied suddenly for some reason.How do you manage such situations or you might never had it ?

  • @thanujan9255
    @thanujan9255 3 ปีที่แล้ว

    Brother can you exaplai (remax) benefits for realtor in Canada?

    • @AdityaKumarSoma
      @AdityaKumarSoma  3 ปีที่แล้ว +1

      I’m not with Remax bro 😎

    • @thanujan9255
      @thanujan9255 3 ปีที่แล้ว

      @@AdityaKumarSoma brother I'm in srilanka now I started my degree with American (northwood university) 2+2 2years in srilanka and after 2years in Canada so I wish to like to join with you (became a famous realtor) so, what are the process I want to follow up

  • @trmkentertainment9362
    @trmkentertainment9362 3 ปีที่แล้ว

    Hi, I have pharmaceutical experience, can i come to Canada on PR visa, and can you you tell me about pharmaceutical jobs in Canada, pls

  • @chaitalipatel260
    @chaitalipatel260 ปีที่แล้ว

    Can I get her contact information?

  • @nejalpatel7308
    @nejalpatel7308 3 ปีที่แล้ว

    Another Great video... 👏👏
    Can you please tell me that after refinancing the property who will be the owner of the property?? Is it a bank Or the property owner (who has done refinancing)?
    Thanks in advance... 🙏

    • @AdityaKumarSoma
      @AdityaKumarSoma  3 ปีที่แล้ว +1

      Thank you - owner doesn’t change until you sell the property. financing & RE-financing means your taking loan(mortgage) from banks and pay them every month

    • @nejalpatel7308
      @nejalpatel7308 3 ปีที่แล้ว

      @@AdityaKumarSoma thank u for clearing my doubt..