How to Raise Money For Your Real Estate Deal (The K.I.T.E. Method!)
ฝัง
- เผยแพร่เมื่อ 1 ก.ค. 2024
- Learn how to raise money for your real estate investment deals using the K.I.T.E. Method!
In this video, Brandon shares some incredible knowledge for raising money. This is a repeatable formula and a great way for newbies to get started investing in real estate.
www.biggerpockets.com
www.biggerpockets.com/webinars
Follow @biggerpockets
Follow @beardybrandon
L.I.K.E. FOR K.I.T.E. 👍
K.I.T.E. is a risky use of acronym when observing the definition of 'Kiting'. Might want to rename it.
Can I work for you man.
Hey Brandon how are you? Quick question when you use the stay hack method can you still put it in your business name?
Please don't use that 9-5 example u taking me back to my horror days lol 😂
1. Knowledge
2. Integrity= Doing what needs to be done no matter what.
3. Tactics
4. Experience
Knowledge
Integrity
Tactics
Experience
This is about much more than real estate. This is about all forms of deal making. It's a good way to help family be focused and organized.
Thanks Brandon ! I just started to read “The Multifamily Millionaire Vol 1 “. You did an awesome job putting it together. Super easy to read ! Thank you for all of your free content
great video man!
I really enjoy these
this is awesome topic!
Good stuff Brandon...
I am delighted because I understand what K.I.T.E stands for now
Love it. We need a full course
Brandon, I was emotionally down right after watching a coach basically imply that I can’t operate without his help. Now after watching you, My paradigm shifted, and problem solved. I hear you. Specifically, the KP is the bridge to increase the probability of my success as a deal provider or Syndicator. Cheers!
I like your how you put info out. If you dig you will see there is a lot of knowledge in there. Do you have a template of the figures and how you get these deals in a way that everyone wins.
I currently do not know how to put together and analyse the figures.
Perfect channel ❤️
Brandon you're on fire as always ,but I really have to ask.... Who produced your music at the end of the video???? That beat is crazy!!
Are you open to taking any more rental properties to include in your fund, as well partner to finance others?
All the best as always, Brandon.
Awesome sir I love your content keep up the good work you are helping me get to the next level brother
Find and analyze good deals
Great video. Thanks Brandon.
What's the poster in the back right?
if i use equity.....whose name will be on the papers? like who owns the property? can two people own a property?
This is a video to save and refer back to multiple times. Very useful info
How many trailers in that mobile park?
Nice!
I love Brandon! He inspired me to make my own TH-cam channel, and helping people invest in real estate!
Hi I will go to your website but I need help in analysing and understanding deals.
Indispensable content as usual, kudos and thank you
Awesome information! Many people have said this can be done, but don't really show us how to do like you just did.
Learning how to raise capital for syndication! My team is here in Reno.
how has this turned out?
I ended up not being the person raising but the deal finder. I'm better at finding sellers than money. At the end of the day do what you're good at and find someone who needs your skill.
Very neat, thank you for replying! Any tips on finding commercial deals like the ones you work on? (software you use/rules of thumb/etc.)? :-)
Brandon just give me the money.
😂💯
Lol
“How you do anything is how you do everything.” Love that. ❤️
I hear this all the time. When I look at this in my life, I certainly see it! Trying to work on this!
@@JamesHollowayYT Me too James!
I love this
@@JamesHollowayYT Hi James, so how are you doing with this area since writing the comment? Doing well I trust. If not, I have a tip for you that helped me a lot. If you’d like to hear it just let me know. All the best!
Awesome!
Great speech very informative!
Thanks
Good haircut, dude.
Brandon making new acronyms!
Love it! I smell a new best selling book!
“K.I.T.E. Method Real Estate Investing”
Thanks for sharing Brandon!
Impressive! Very well said.
Real estate investing is not simple. You really gotta have a plan.
After investing in many real estate deals since 2013 I must agree. The general concept is simple, but actually executing well is complicated and not easy.
those 10 tips... that is why I am here. This is some great stuff right here
My name Andrew Grande and I have a 6 pack but it’s beer. Does that count?
@2:26 I guess you meant to add some graphic in your video when you mentioned "this property" and pointed at nothing
I think it’s the property he’s in right there...
Literally the property he is standing in, in Maui! Lol
Brandon
I found two four-plexs
Next to each other
1) @ $335
2) @ $350
I'm looking for $700,000
Put the extra $15 into both
Buildings.
Need help to get the fund's
Very Good Information.
A poor person could study this and change their entire life. A literal ladder given to them for free.
This is the future, and you Sir are an usher of it. You deserve the wealth you have and for it to grow abundantly.
It only takes ONE DEAL to change someone's life. ONE DEAL. That's incredible
Experience...The most important, because it means you have taken action. Action is where the magic happens!
Semper Fi Staff Sergeant. Just got a multi family and my own home using the VA home loan.
@@TheColombiano89 that is awesome, congrats...now keep up the momentum!!
In real estate, it takes money to make money in most cases.
A lot of younger entrepreneurs are looking for ways to gain capital to invest. As I was in my 20's I was able to acquire properties by the capital I earned through door to door sales. In this direct sales channel, one can make a year's income in just months. That capital can then be invested into properties.
Till this day we help young entrepreneurs at no cost. Just their work ethic, earn capital through sales to chase their investing dreams.
I worked doubles and saved for a year before I bought my first house that was at a discount and needed some work with about a >20% COC return. I spent that time reading and talking as I saved. I shopped around with hometown banks and Credit unions to get best deals. I used equity to buy a couple more and even got a back to lend to me with ZERO out of pocket in a rehab that has infinitive COC returns now. Now I have a family member who’ll give me just enough for a down payment every year or two as long as original is payed back. I have close to a million in property now with hundreds of thousands in equity with maybe a total of $50k out of my pocket. In short it didn’t take me a whole lot of seed money to get the snowball going. Taking the time to learn, find the deals, be patient, and make that first purchase were the biggest challenges.
Thanks for all your doing!! Great inspiration!!
Hey Brandon. I'm going to email bigger pockets. I need some mentors.
Thank you for the valuable information. If you rise fund through debt what rate of return will u offer your investors?
Good video .. but the whole getting the investors thing is extremely vague.
Is there's a illegal way?
Hot take: one of the best pieces of information I've seen out of BP in a while. Watched twice. Took notes. Thanks for this!
I love it when it's just Brandon! He has inspired me to create my own TH-cam channel to teach people about real estate!
How do I buy a property without paying for it out of packet other than the down payment? I have invested in real estate. I had a good paying job, got a loan with a down payment and bought 3 properties this way. I recently sold 1 3-family property I held for 17 years and still have 2 properties free and clear. I have a decent amount of money saved. Now, I do NOT have a job and have not had 1 for a few years. But I want to buy another property. I tried to get a loan from my local bank (who loaned me the money for the 3 properties) but they will not give me a loan due to not having recent job history even though I have good assets, cash, no debt, a track record and FICO of 820.
Would love the answer to this one!
Hi there I am from South Africa. I payed off my home in the country now and then bought a 2nd property in the city. The price was good but property is a 4 hour drive from where I live so I roped in an estate agent as a property manager. Their fees are 10% of rental and the initiation fee is the first rent. The initial cost of conveyancing etc has exhausted my funds. It just feels like I have made a big mistake trying to invest in property and should have probably bought closer to home so that I could manage the 2nd property myself.
Starts at 3:45
Lol thanks!
I love you
learning starts at 0:00
💯
great info! HOW THE HECK DO U MANAGE UR TIME WITH 1000 DEALS???? LOL
Nice picture on the wall behind you. Windmills?
It’s a surfer on a wave.
@@PatStarDJ Haha, I get it, your're not a surfer and don't know the breaks on Maui.
There I go being literal and looking stupid on the internet again 😂
Step 1. Get a job step 2. Learn to save money and stack cash for a few years step 3. Don't put your family, friends, and associates at risk but instead use qualified lenders
You have to do this anyway or else you go broke, but you have to raise money if you want to make it big in real estate
ilya that’s great for the 1st couple conventional deals. What he is talking about is more for those who has exhausted all their conventional financing. Which there is a legal limit to how many you can have.
This video makes me feel smarter already and more confident. Thank you Brandon
How about using a HELOC - home equity line of credit?
Only works if you own property beforehand
I hate risking your own house for any investment.
I’ve entertained the idea but life happens so why risk your roof especially if you have a family to look after. I’d rather work a second job or OT to save for an investment.
Most regular people have no one to borrow from because there as broke as us 🤔😂
If your just getting started (studying to buy that first rental) should you set up an LLC or other entity before starting looking for funding or a mortgage ?
Thanks for doing this and providing actual tips not just general ideas
I watched a lot of your videos and they're all awesome, but this one is one of the best I ever watched about real estate thank you for this teachable video.
Integrity is doing the right thing legally and morally
Mobile home parks are the way to go … money making machines!!!
I’ve got experience managing them and I’ve got a nice little fund started, decent credit too.
It’s tough to get the permitting, at least in Cali. For a new build.
Thanks for the great advice, I see my lack of … a couple of things, lol. Nothing I can’t overcome, it’s more of just Doing it. I’ve been a little preoccupied with end of days watching.
I need a partner who does what I don’t and vice-versa.
7:25
Nice video, most time human beings kill their selves.
Do you know the difference between the rich and the poor.
The rich invest while the poor save.
Don't be among the persons who refuse to invest and keep working their whole life.
Investment you placed today will definitely be a life changing one for you
Even after 10 years today
Know that you are going no where in life without risk.
Every financial risk is worth it
It's a win win.
If it works. Then you've made it.
If it fails then you have learn from it
Exactly ✌🏻
Pay yourself first - savings, investment first before paying bills, shopping etc
Yes Arnold, I agree with you
Investing in cryptocurrency(bitcoin) is really the best investment today
If I had 5 million I wouldn't be skimming through your channel
woody ahh I would be intensely studying this information to best multiply my 5 million not lose it!
@@Marie-st3pi making money is easy
Getting the investor is the hard part
And the NUMBER O N E how to make money on Real Estate that no expert or guru will tell you about is:
In Real Estate purchases, ALWAYS take over and retain an existing 25 or 30 year mortgage in its lest 5 year leg with the house purchase if existing (In fact, look for these properties). NO MATTER what the indicated interest rate be on such existing mortgage. Effectively, if it's the last five year leg of a 25 or 30 year mortgage, the effective interest rate is ZERO INTEREST, as per the instalments are 100% against the principal at this stage.
1000 units in 3 years???
The K.I.T.E questions are questions you should ask yourself, even if you are self funded or using bank financing.
This is off topic but I'd like to see a discussion about how government at all levels has or may at some point have real estate investors in it's cross hairs. I read a very scary article on the biggerpockets website about how some localities are making it near impossible to do business in their area. There may even someday be a push to tax away appreciation and severely limit or outright ban property owners from renting out their houses. Sounds far fetched but history tells us when people say they intend to do horrible things you should believe them. We laugh off or poo poo these threats at our own risk. Rental properties are one of the few ways that average people can achieve financial Independence and there appears to be some in government who seek to bring that to an end in order to advance their political careers and others who seek to do so for reasons having to do with stone-hearted political ideology.
Is the reason most syndications only take accredited investors only so they could advertise deals? Or is there other reasons as well
"Back in 1963 I taught Brandon Turner almost everything he knows. I could have taught him the rest but I got drafted by the Jacksonville Jaguars in the second round"
- Brian Williams, NBC News
KITE better than BRRRR. KITE applies to all avenues of life.
Great video, Brandon. Where did you learn the ins and outs of creating a security and the different types of funds (legal terms) to use?
I'd like them to cover the most important part, aka, filling rooms with tenants.
THANK YOU FOR THE AWESOME ADVICE, ITS A GREAT VIDEO FULL OF USEFUL INFORMATION- PIERCING INSTINCTS PROPERTY MANAGEMENT #FOLLOWUS
Brandon, thanks for a well presented, good, informative, strait-forward no-gab video. Unlike your many others, you did great! Keep it up, please.
Is there a video more in detail about how you come up with numbers for hard money lenders? I feel like I can get my family to invest in me, but dont know the rights and wrongs about repaying them back.
The big question is what is Brandon’s real height 🤔
6’3” is my guess
Hi idol
How do you know Turkish?
Bold of you to assume that I don't have a 6-pack and singing ability.
Do you have all the money you need?
@@EmmanuelOnitheoneandoni Nope, still working on that one.
Do you have a six-pack and singing ability?
@@jmannii Yeah, I can carry a tune. Lift 6 days a week too.
Being a member of the 800 Club doesn't hurt either: having an 800 credit score and taking home $800 a week.
I need a partner to help me take down an 2,000,000 46 unit in Detroit. I have 1/3 of down payment! Brandon help!
what is this deal. I live in Detroit
Sound like great numbers.
Pm me, if you have 1/3 dp what else are you looking for?
You stole that intro from idubzz tho
Skip to 3:20
FIRST
Bruh spend some money and eat and hit the gym