Rental Property Investing 101 - Getting Started in 8 Steps

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  • เผยแพร่เมื่อ 3 ก.พ. 2025

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  • @jdrou
    @jdrou 5 ปีที่แล้ว +248

    I am 17 and just bought my first house to use as a rental property. I wanted to start early because I think it’s smart.

    • @ontheVERGE.
      @ontheVERGE. 5 ปีที่แล้ว +11

      I’m 16 and would like to do the same

    • @jdrou
      @jdrou 5 ปีที่แล้ว +15

      r o c k y that’s awesome!! The earlier you can start the better. I have made money online and I wanted it to work for me, not just sit there, that’s why I’m investing now

    • @prestonleeporter04
      @prestonleeporter04 3 ปีที่แล้ว +14

      How’d you make the money?

    • @kylesummers7449
      @kylesummers7449 3 ปีที่แล้ว +1

      Hey how are things going with your rental?

    • @boywithbali3830
      @boywithbali3830 3 ปีที่แล้ว +1

      How’s it gone

  • @NightShineASMR
    @NightShineASMR 6 ปีที่แล้ว +1999

    video starts at 2:27

  • @JamilMiah
    @JamilMiah 6 ปีที่แล้ว +793

    - Make a Plan
    - Choose your market
    - Build your team 3:59
    - Figure out Your Financing
    - Start getting leads
    - Analyze deals
    - Offer and Negotiate
    - Close and Manage

    • @jlg8689
      @jlg8689 6 ปีที่แล้ว +21

      Jam I just took a snapshot of this comment lol thanks

    • @XD-cn5wb
      @XD-cn5wb 5 ปีที่แล้ว

      Shut up

    • @petersmith9254
      @petersmith9254 5 ปีที่แล้ว +1

      Jam what do you mean build a team like a bussiness partner?

    • @redgear4566
      @redgear4566 5 ปีที่แล้ว +11

      Peter Smith I’m assuming real estate agents, lawyers, lenders, property management and befriending other real estate investors.

    • @petersmith9254
      @petersmith9254 5 ปีที่แล้ว

      redgear4566 gottcha

  • @sholafabolasi
    @sholafabolasi 6 ปีที่แล้ว +100

    Im 23 and just purchased my first home that im actually living in. Now wanting to purchase a couple of rental properties in the area which is a little scary but worth it.

    • @monikakelly8671
      @monikakelly8671 6 ปีที่แล้ว +23

      delores delores do it! I’m 40 and just purchased my first rental. It’s never too late or too early!

    • @Allpr095
      @Allpr095 6 ปีที่แล้ว +1

      How much did you put down on the house?

    • @monikakelly8671
      @monikakelly8671 6 ปีที่แล้ว +5

      Bought out right in Springfield, MO. $30k. For a run down house from 1928 with an extra lot.

    • @mccatdaddy
      @mccatdaddy 6 ปีที่แล้ว +22

      Awesome, good job. I just bought my first home, 21. $45,000 for house, 1.5 acres and old barn. And put 9k down on it. Goal is to have this fixed up and paid off in 3 years, then buy another fixer up, and rent this one out. By age 30, I want to own at least 3 homes, and rent two out, then keep adding up from there, I want at least 10 rentals before I quit full-time job.

    • @Propelio
      @Propelio 6 ปีที่แล้ว +3

      dont be scared - just tap into your local REIA group and network within the community with like minded investors that you can lean on if times get tough...

  • @rajaneew
    @rajaneew 4 ปีที่แล้ว +13

    Purchased my first home in SC at 22, husband got stationed in NC so we're renting it out. We're closing on our second home tomorrow!

    • @lm12cm
      @lm12cm 4 ปีที่แล้ว

      How did you guys rent it out? Did you use a property manager?

    • @Berta2real
      @Berta2real 3 ปีที่แล้ว

      @ we ALL care…that’s why we’re here, beloved

    • @bros4life555
      @bros4life555 11 หลายเดือนก่อน

      Update? How are things going for you now?

    • @rajaneew
      @rajaneew 11 หลายเดือนก่อน

      @lm12cm Sorry, just seeing this and, yes. Property managers have been wonderful

    • @rajaneew
      @rajaneew 11 หลายเดือนก่อน

      @@Berta2real I knoww

  • @dylanh1093
    @dylanh1093 5 ปีที่แล้ว +37

    Bought my first rental prop at 20. 4 bed single family home. $103k, now valued at $265k with $40k in updates(all profit from renters).

  • @kristasartoris2946
    @kristasartoris2946 3 ปีที่แล้ว +7

    *if you give people multiple opinions, they tend to choose between the options rather than thinking yes or no* wow! Brilliant tip! ✨

  • @Diwash1
    @Diwash1 5 ปีที่แล้ว +61

    This is the most general advice I have ever seen and seems nothing more thatn you trying to sell a dream and sell your book.

    • @aldomalaj1322
      @aldomalaj1322 5 ปีที่แล้ว +2

      Correct !

    • @sasa2979
      @sasa2979 4 ปีที่แล้ว +6

      From the stand point of someone who had no idea how to even start, I think it was a great video. We all have to start somewhere.

    • @markrichard3237
      @markrichard3237 4 ปีที่แล้ว +2

      Who knows maybe if we dig deeper , he might not even own 1 house in his name , lol

    • @kevinursuchadisease
      @kevinursuchadisease 4 ปีที่แล้ว +1

      Ace well that’s just racist. Every race has a ton of scammers. Every been emailed by a Nigerian prince who needs your help? Or an Indian guy who wants to pay off your student loans?

    • @AceM1-x1n
      @AceM1-x1n 4 ปีที่แล้ว

      Kevin Rushing true. But who are the most dangerous? You know Nigerians are scammers. But nice looking clean cut people are ten times worse. Just look at Etsy Chinese junk being sold by personable blond woman claiming its artesian homemade artistic crap.

  • @NathanLewis7871
    @NathanLewis7871 4 ปีที่แล้ว +72

    Just started learning about stocks.. This is by far the best I've seen. Others are too focused on bragging how good they are, how much they earn without really being informative. Glad I saw this and I do not want to make mistakes by taking risks in my own hands.

    • @jakethompson8737
      @jakethompson8737 4 ปีที่แล้ว +5

      Most newbies fail simply because they don't understand how the market works in general or in particular how the market relates to stock or currency pair they entering

    • @kevinjohnstone4023
      @kevinjohnstone4023 4 ปีที่แล้ว +4

      finally someone that can actually teach you something instead of trying to get views and subscribers

    • @driftgod7894
      @driftgod7894 4 ปีที่แล้ว +3

      Truth be told, I have my portfolio managed by an investment broker, with her help i was able to make huge profits from my investments.

    • @NathanLewis7871
      @NathanLewis7871 4 ปีที่แล้ว +2

      @@driftgod7894 i ll love to know about her and preferably get to try it out.

    • @driftgod7894
      @driftgod7894 4 ปีที่แล้ว +8

      @@NathanLewis7871 You can look her up online, her name is FREDA LYNN JOHNSON. She does a very nice and thorough job

  • @PlayYourSongz
    @PlayYourSongz 6 ปีที่แล้ว +268

    Working on my second property right now. Goal is 50 rentals in 5-7 years. Love your vids

    • @mr_digdeeper
      @mr_digdeeper 6 ปีที่แล้ว +5

      David Grant what kind of property do you have? Is it a lot? A house? Or?

    • @huey1153
      @huey1153 6 ปีที่แล้ว +2

      AC Hustle probably not a lot lol

    • @MACA_Zeon
      @MACA_Zeon 5 ปีที่แล้ว +8

      robbybaby1200 I’d say yes!!!! Build credit and save

    • @jasonadkins1455
      @jasonadkins1455 5 ปีที่แล้ว +12

      robbybaby1200
      Build up your credit and save capital for your first investment. Most banks require 20% down on investment properties. Study your market while you’re working on the credit and capital. Good luck.

    • @younglegend6878
      @younglegend6878 4 ปีที่แล้ว +3

      David Grant if you don’t mind can you tell me how you started..I currently have a 730 credit score and I’m interested in using my credit to get into rental any advice?

  • @LivingOffRentals
    @LivingOffRentals 4 ปีที่แล้ว +43

    Great advice! These 8 steps are simple, not easy, but totally worth it! My families financial picture massively shifted when we went from flipping to purchasing rental properties several years ago. There is no better way for the average person to build wealth (relatively quickly)!

    • @LivingOffRentals
      @LivingOffRentals 4 หลายเดือนก่อน

      @@kabutoyakushi6618 I totally agree, if you don't know what you're doing...

  • @TheDogondone
    @TheDogondone 2 ปีที่แล้ว

    My first year doing it. Start small grow big - it's easy to get overwhelmed. I started w. A literal tiny home.

  • @v12bat51
    @v12bat51 6 ปีที่แล้ว +6

    I'd say the number one rule in real estate investing is outsourcing your tasks to others, be it property managers, contractors, etc. In fact in any business you shouldn't try to do everything.

    • @wildtill9
      @wildtill9 5 ปีที่แล้ว +3

      Yes and no. When you start out the greatest problem is usually money. So doing everything yourself helps with that issue...….But after everything is up and running the greatest issue is time - so then you want to sub out as much as possible

  • @MobeastCave
    @MobeastCave 4 ปีที่แล้ว +2

    Purchasing my new property this weekend. Bought my first two properties when I was 21 and sold them a few months later because I didn’t know what I was doing. But I’m much more knowledgeable and ready now. Time to own the South African market again!

  • @samuelteddy.439
    @samuelteddy.439 3 ปีที่แล้ว +118

    *Rich people plays the money game to win.* *Poor people plays the money to not lose.* *The goal of the truly rich people is to have massive wealth and the poor sees a surplus as an opportunity for consumption instead of investing it.* *change your mindset and do what the rich does,* *which is investing,* *investing and investing.*

    • @joanbryan4595
      @joanbryan4595 3 ปีที่แล้ว

      That's right sir.

    • @joanbryan4595
      @joanbryan4595 3 ปีที่แล้ว

      Investment should be what every wise person should engage in.

    • @patersondavis3858
      @patersondavis3858 3 ปีที่แล้ว +1

      Yeah. Poor people plays the game not to lose because they don't have much to lose on the same game.

    • @patersondavis3858
      @patersondavis3858 3 ปีที่แล้ว +1

      So they have to be sure

    • @samsonrubby4337
      @samsonrubby4337 3 ปีที่แล้ว

      @@patersondavis3858 lol that's true.

  • @ShaunCraikeHostHack
    @ShaunCraikeHostHack 5 ปีที่แล้ว +15

    Great insight. I think the thing many people miss is time. Buy cashflow positive properties now and in 10 years they will really be bringing in money and setting you up for financial independence.

    • @wildtill9
      @wildtill9 5 ปีที่แล้ว

      Zactly what I did

    • @LivingOffRentals
      @LivingOffRentals 4 ปีที่แล้ว

      Exactly! Get rich SLOW! It's not as sexy, but the most effective way to do it!

  • @fernandojaimes4120
    @fernandojaimes4120 6 ปีที่แล้ว +3

    All I can say is, Thank you! I have learned so much for free here!! It is definitely worth every second I spend here

  • @kelsieamiyahh
    @kelsieamiyahh 2 ปีที่แล้ว +1

    Brandon Turner. If your story is true, you are living out the life I am currently praying and working for. Thank you for sharing to the internet. Many will watch, few will act. I am few. Thank you.

    • @Otto505
      @Otto505 ปีที่แล้ว

      How’s it going so far

  • @acedjgaming6779
    @acedjgaming6779 4 ปีที่แล้ว +4

    Wow man you're such a great storyteller. Love how you told your own story in the 3ed person then revealed it was you at the end. That was so dramatic and inspiring. I want your life man! (And your beard)

  • @Nuevomitch
    @Nuevomitch 5 ปีที่แล้ว +2

    I bought my first rental at 27. It's worth less than I paid for it. It only cash flows $100 per month and I have about $5,000 in maintenance that I need to pay. Back to the stock market I go!!

  • @jasonadkins1455
    @jasonadkins1455 6 ปีที่แล้ว +909

    Closing on my 2nd rental in less than 30 days. Whoop whoop

    • @raykingsterling6939
      @raykingsterling6939 6 ปีที่แล้ว +6

      Jason Adkins what's you first?

    • @jasonadkins1455
      @jasonadkins1455 6 ปีที่แล้ว +35

      @@raykingsterling6939 My 1st rental is a 3 bedroom 1 house single level.

    • @jasonadkins1455
      @jasonadkins1455 6 ปีที่แล้ว +20

      Rehabed and tenants are moving in on December 1st.

    • @Propelio
      @Propelio 6 ปีที่แล้ว +4

      @Jason Adkins - have you made it to your 3rd yet? how are the first to coming along?

    • @jasonadkins1455
      @jasonadkins1455 6 ปีที่แล้ว +16

      I am hoping to get my 3rd in March.

  • @rtubbs5192
    @rtubbs5192 4 ปีที่แล้ว +1

    Buying my first rental property next year. Can’t wait

  • @technical19d34
    @technical19d34 6 ปีที่แล้ว +3

    Seems like the best way to accomplish alot of these smaller goals is to join a local RE investing organization and start networking. They usually have alot of good property leads as well.

    • @wildtill9
      @wildtill9 5 ปีที่แล้ว

      totally agree

  • @VirginiaJ.Carney-z7j
    @VirginiaJ.Carney-z7j 2 หลายเดือนก่อน

    I love how you make learning enjoyable and easy to follow.

  • @jonandivyjones
    @jonandivyjones 6 ปีที่แล้ว +22

    I really like these short videos that get straight to the point in a short amount of time. Keep em coming!

  • @brandonrobinson5168
    @brandonrobinson5168 5 ปีที่แล้ว +2

    Man you have changed my perspective on life! Priorities first! Thank you so much Mr. Brandon Turner!

  • @halljaso
    @halljaso 6 ปีที่แล้ว +9

    Hey Brandon, first time watcher!! Great content! I’m gonna sit at your feet and soak up the knowledge and try to apply it here in 2019. Thx 4 sharing!!🙏🏽

    • @Uxamakiani
      @Uxamakiani 5 ปีที่แล้ว

      I have a better option for you if you want to increase your money

  • @viceroy4759
    @viceroy4759 3 ปีที่แล้ว +1

    Very well explained Brandon
    Respect from Pakistan 🇵🇰

  • @rianosherry860
    @rianosherry860 2 ปีที่แล้ว +59

    Should we wait to see how the market plays out?’ I live in Arizona, and want to purchase a rental home in Texas. Is this a good time?

    • @Gbdnd
      @Gbdnd 2 ปีที่แล้ว +3

      Seems there is a perception by many that real estate is the best way to build wealth, after all, the past few years have resulted in extraordinary appreciation. Those price gains are unlikely to continue and the risk of a down cycle is increasing. While real estate is a great way to diversify a portfolio and hedge inflation, the article points out the advantages of investing in equities. Granted, equity markets fluctuate but over time, a low cost S&P 500 ETF will likely outperform. Finally, there are ways to invest in real estate without having to be a landlord and deal with the headaches that come with it.

    • @kucheranraina9201
      @kucheranraina9201 2 ปีที่แล้ว +1

      I suspect that real estate will be impacted by the current inflation. Starting in 2019 housing prices started to increase and since then they have continued to increase in 2020, 2021, & 2022. Will this increase continue? Who knows. But many of the current purchases are for cash and the fact that interest rates are rising doesn't have quite the impact on cash purchases. Although those paying cash may begin to realize that their money could earn more with short term investments in fixed rate items. Generally trees don't grow to the sky so use some common sense.

    • @AyaanFarax223
      @AyaanFarax223 2 ปีที่แล้ว

      @@Gbdnd I’m 60 years old looking to diversify part of my savings say $250k into real estate but I hear it is not a good time to invest in Real estate. Can i get any idea on other options?

    • @Gbdnd
      @Gbdnd 2 ปีที่แล้ว

      @@AyaanFarax223 Really acknowledged your comment, My portfolio grew by 1,000% within 8 months. Couldn’t have put it better myself. Last year a colleague introduced me to a financial consultant Jennifer Elizabeth Boland who has been helping me find investments that have significant growth potential. She invested my money in reputable companies which their stocks must always rise after any dip.

    • @Gbdnd
      @Gbdnd 2 ปีที่แล้ว

      @@AyaanFarax223 Through her you can get strategies designed to address your unique long-term goals and financial dreams.

  • @margaretlou3993
    @margaretlou3993 4 ปีที่แล้ว +57

    Professional guidance brings about remunerative results. Great job Payden, you exceeded my expectations. Thank you.

    • @margaretlou3993
      @margaretlou3993 4 ปีที่แล้ว

      Oh that’s quite easy. Payden has helped me build my portfolio over the years, and make profitable investments. Reach him on ... *Xanderpayden (a) g ma il. Com...* for further inquiries.

    • @alasdairruthven3106
      @alasdairruthven3106 4 ปีที่แล้ว

      I can tell you personally that this is nothing but the truth. If I hadn’t gotten expert guidance, I wouldn’t have made it this far.

  • @damonhughes325
    @damonhughes325 6 ปีที่แล้ว +11

    Lots of great info at a fast pace. Had to rewind multiple times for some notes.

  • @vincenthovorka
    @vincenthovorka 11 หลายเดือนก่อน

    Thank you for the invaluable insights on property investment! Your expertise shines through in every video, making complex concepts easy to understand. Your dedication to educating your audience sets you apart, and I'm constantly inspired by your commitment to helping others build wealth through real estate. Keep up the fantastic work - you're truly making a difference in people's financial futures!

  • @RicardoSanchez-jg5un
    @RicardoSanchez-jg5un 6 ปีที่แล้ว +3

    Just paused the video to write this comment. GREAT intro to the video about the 2 guys. Great content. Continuing now.

  • @MJ31579
    @MJ31579 4 ปีที่แล้ว +1

    I have a rental property and it has made me second guess this route. I think people sell it as easy and fast. I think stressing the need for research, homework and realistic expectations.

  • @geyjune1551
    @geyjune1551 4 ปีที่แล้ว +4

    Im inspired 😊 at age 24 i started with 7 rental units.. Hoping i can expand

    • @fatbabyjesus7387
      @fatbabyjesus7387 4 ปีที่แล้ว

      Can you tell me how you started with 7 units?

    • @geyjune1551
      @geyjune1551 4 ปีที่แล้ว

      @@fatbabyjesus7387 hello! I started with a salary loan

    • @boywithbali3830
      @boywithbali3830 3 ปีที่แล้ว

      @@geyjune1551 hey, how has it gone?

    • @geyjune1551
      @geyjune1551 3 ปีที่แล้ว

      @@boywithbali3830 its still operating, were planning to expand this year,

    • @boywithbali3830
      @boywithbali3830 3 ปีที่แล้ว

      @@geyjune1551 awesome, I hope you can keep growing 👍👍

  • @mackens6320
    @mackens6320 6 ปีที่แล้ว +2

    Core 6
    5. Lawyer (Closing, Contracts, etc..)
    6. CPA (Real Estate Accountant)

  • @2yearplan877
    @2yearplan877 5 ปีที่แล้ว +33

    I'm new to all of this!! I have watched multiple videos and Brandon you have truly been a blessing. I'm so happy I came upon your videos, you get straight to the point and make everything easy to understand!

  • @orderaaccount6939
    @orderaaccount6939 5 ปีที่แล้ว

    All said and done you need to start saving for seed money first. Most Americans spend first save later.

  • @alexb4127
    @alexb4127 5 ปีที่แล้ว +7

    What happens if the rental property needs fixing up (changing the roof, flooring etc) where does the money to do the repairs come from? Do you include it in the loan or is it your own money?

  • @voodooprincess11
    @voodooprincess11 5 ปีที่แล้ว +2

    I'm hoping to start on that trajectory within a year or two. Passive income through real estate investment is where it's at!

  • @bradleypost8971
    @bradleypost8971 5 ปีที่แล้ว +3

    I'm 17 and about to graduate high school but don't have much in savings and have no credit or money. I also live in an expensive area (NYC suburbs) so I'm considering building savings for a few years and buying properties when I graduate college in a few years at 20 (started CC early with a lot of credits). I'm thinking of moving to SW Florida, Houston, or Phoenix and investing there since most properties are cheaper than where I live and the populations are growing significantly in these areas.

  • @WhereYaGoinJack
    @WhereYaGoinJack ปีที่แล้ว +1

    Great video. Helped me start my business. "where ya goin' Jack & co." 👍

  • @patrickfinn7041
    @patrickfinn7041 5 ปีที่แล้ว +8

    thank you so much for making real estate easier to comprehend. cheers

  • @matr1x83
    @matr1x83 5 ปีที่แล้ว

    Wow!!! WTF??? Dude, I just got back from Barnes and noble and brought your RENTAL PROPERTY INVESTING book today! Now I’m on the toilet and decided to watch some videos(LOL). I click on the first vid I see, which is this one here......and you say your name! 😧 SO BIZARRE! So dope

  • @reneshajohnson284
    @reneshajohnson284 5 ปีที่แล้ว +4

    I love these videos. They are very honest and inspirational.

    • @kirisutegomen12
      @kirisutegomen12 5 ปีที่แล้ว

      Lol inspirational? Yes. Honest? Not at all

  • @jwest7813
    @jwest7813 หลายเดือนก่อน

    Hi Brandon. Thank you so much for the great informative video. I made written notes of the 8 steps and watched your video twice to understand.
    Just wanted to know if Step 4 (Figure out your financing) could be the first step. Because if we know how much money we can get from bank or other sources we can plan to buy properties worth that money.

  • @Internationale1
    @Internationale1 6 ปีที่แล้ว +41

    This is exactly why i drive an old car and still have a high paying job. While everyone else is busy 'working' for big corporations by buying their expensive products and servicing them, i'm paying myslef first! By investing :) be smart and do the same people.

    • @maurosgarage
      @maurosgarage 6 ปีที่แล้ว +5

      completely agree. Im about to graduate University and see many of my friends driving new cars they cannot afford, just to impress and look good. I much rather invest and not live pay check to pay check.

    • @leonhenry4861
      @leonhenry4861 6 ปีที่แล้ว +1

      How do you know what everybody else is doing? I work for a big corporation, and I also buy loads of gadgets but I also invest. So I ask you what's the point of your statement?

    • @h88sixtyone38
      @h88sixtyone38 6 ปีที่แล้ว +5

      Do both invest and live at the same time. Live while you still have testosterone

    • @huey1153
      @huey1153 6 ปีที่แล้ว

      You can do both... my aunt has a 911 gts but also has 4 rental properties and a share of her company

    • @isidoramartinez6510
      @isidoramartinez6510 4 ปีที่แล้ว

      Same here dear!! I can careless about the expensive cars

  • @Tifftaff99
    @Tifftaff99 3 ปีที่แล้ว

    I like your intro it was like a real story but really intriguing that you almost made it like about thiis random guy really creative

  • @michaelsimolke1152
    @michaelsimolke1152 6 ปีที่แล้ว +92

    For everyone asking "what do I do now"... the answer is, go buy a house.

    • @ATLFUNKCARTEL
      @ATLFUNKCARTEL 5 ปีที่แล้ว +9

      Michael Simolke this is what causes markets to crash

    • @css403
      @css403 5 ปีที่แล้ว

      @@ATLFUNKCARTEL how does that make market crashing?

    • @adamdyer4911
      @adamdyer4911 5 ปีที่แล้ว +2

      css403 people buying things they can’t afford and racking up a ton of debt. Look at what caused 2008 recession.

    • @youngkey3051
      @youngkey3051 5 ปีที่แล้ว +11

      Adam Dyer that was because of bad written mortgages that were supposed to be backed and sold off. It’s not the people who bought the houses. It was bad contracting from the Wizard of Oz institutions....

    • @JayColucci1
      @JayColucci1 5 ปีที่แล้ว +1

      @@youngkey3051 Amen! They gave out mortgages like the sample people at the grocery store.

  • @GregActonCPA
    @GregActonCPA 4 ปีที่แล้ว

    I am trying to be that second guy! I have 3 rental properties at 32 years old and hope to buy a new rental property every single year!

  • @jackoff8644
    @jackoff8644 6 ปีที่แล้ว +10

    I am 17 and own 3 properties and am an invester already. I left school at 15 after reading a book called rich dad poor dad. My mother’s uncle is also an invester and had recommended that book to me. When I left school I went straight into a trade and started saving money ($300 a week to be precise). The book rich dad poor dad I strongly recommend because it surely helped me. Get out there and don’t let anyone stop you 😎👊🏼💰

    • @trenton1
      @trenton1 5 ปีที่แล้ว +3

      Amazing, I quit school in 6th grade because the 10 multimillion properties i managed weren’t enough for me. I went on to owning Walt Disney and planet Earth and get paid infinite amount of money every month.

    • @cameronhaagsma7473
      @cameronhaagsma7473 2 ปีที่แล้ว

      @@trenton1 can’t tell which one is real

    • @xxtaconiqqaxx3668
      @xxtaconiqqaxx3668 2 ปีที่แล้ว +1

      As I was gonna start kindergarten I dropped out cause child care was ruining my family so I started working in sweat shops getting paid pennys to nothing but I managed to save and I took a smarter route purchasing mansions and renting them out all from a book I ate called real easate for dummies and from doing this I Know if I Can Do It So Can You

    • @yubee512
      @yubee512 ปีที่แล้ว

      When I was in my mama tummy, I was already a real estate investor. I popped out and bought 5 houses already. Life is good. Now I really can't tell which one is real.

  • @_paper_chase_
    @_paper_chase_ 5 ปีที่แล้ว +1

    I read your book. It was great. I'm going to reread it again before I jump into my first property. This coming year.

  • @maherinrahman1177
    @maherinrahman1177 4 ปีที่แล้ว +3

    Typically after mortgage and property management fees, there is only enough money left to pay the property tax. Please give us some pointer on how to increase the margin while using property management service.

  • @blade9000100
    @blade9000100 หลายเดือนก่อน

    I'm planning to move to Texas from Norway, to Bye. 3 homes to rent out 2 of them. ^^ DefiniteLy gonna need some help later on.

  • @sandralucci4387
    @sandralucci4387 6 ปีที่แล้ว +5

    Awesome advice. Thanks will be following all videos and I need all your books

  • @camiendl7676
    @camiendl7676 2 ปีที่แล้ว

    I love your videos, your very informative! There very fast paced which can make it hard to write notes but, there information packed! Thank youu!

  • @GabrielDaGoDDD
    @GabrielDaGoDDD 3 ปีที่แล้ว +5

    I’m 19 and I’m already looking to build a team to buy rental properties 🤝💪🏼💪🏼💪🏼 glad to have build my financial IQ and I’m ready to take action

  • @TheAntonio6579
    @TheAntonio6579 ปีที่แล้ว

    This is it. I'm gonna use my first job to get me some capital to be able to get started.

  • @FitnessRick
    @FitnessRick 11 หลายเดือนก่อน +23

    The first three minutes of this video can be skipped

    • @poms_beats
      @poms_beats 7 หลายเดือนก่อน

      Why? I found it interesting lol

  • @siralex4928
    @siralex4928 3 ปีที่แล้ว +18

    Mrs Patricia is legit and her method works like magic I keep on earning every single week with her new strategy

    • @travelingaroundlondon1303
      @travelingaroundlondon1303 3 ปีที่แล้ว

      Wow I' m just shock someone mentioned expert Mrs Patricia I thought I' m the only one trading with her.
      She helped me recover what I lost trying to trade my self

    • @donnakaran9572
      @donnakaran9572 3 ปีที่แล้ว

      I think I'm blessed because if not I wouldn't have met someone who is as spectacular as expert Mrs Patricia
      I think she is the best broker I ever seen

    • @carolburnett2201
      @carolburnett2201 3 ปีที่แล้ว

      Thanks for introducing me to Mrs Patricia
      My first investment with Mrs Patricia gave me profit of over $24,000 us dollars and ever since then she has never failed to deliver and I can even say she's the most sincere broker I have known

    • @helenmirren5265
      @helenmirren5265 3 ปีที่แล้ว

      Yes I' m also a living testimony of expert Mrs Patricia , Mrs Patricia has changed my financial status for the best.all thanks to my aunty who introduced her to me

    • @frankmessina1040
      @frankmessina1040 3 ปีที่แล้ว

      Who's this professional everyone is talking about I always see her post on top comment on every TH-cam video I watched, I think I'm interested how can I get in touch with Mrs Patricia

  • @Rancesperez056
    @Rancesperez056 2 ปีที่แล้ว

    YOURE AWESOMEE BROO !!

  • @RealLifeMoney
    @RealLifeMoney 6 ปีที่แล้ว +7

    Great vid man! I’m starting to do more research, eventually have to make the jump to actually looking at properties

  • @SuperPrimeUK
    @SuperPrimeUK 2 ปีที่แล้ว +1

    Great Brandon!

  • @nikkaromero9388
    @nikkaromero9388 3 ปีที่แล้ว +32

    This is a Nice video.... So inspiring but do anyone knows about expert Mrs Lisa. Mrs Lisa is legit and her method works like magic I keep on earning every single week with her new strategy

    • @judysamaniego1606
      @judysamaniego1606 3 ปีที่แล้ว

      Mrs Lisa is obviously the best, I invested $3,000 and she made profit of $28,000 for me just in 15 days

    • @judysamaniego1606
      @judysamaniego1606 3 ปีที่แล้ว

      Her success story is everywhere

    • @Soniaganhi
      @Soniaganhi 3 ปีที่แล้ว

      Seeking for her contact details👇

    • @Soniaganhi
      @Soniaganhi 3 ปีที่แล้ว

      + 1 (5 0 5) 3 9 3 7 6 5 3🇱🇷

    • @Soniaganhi
      @Soniaganhi 3 ปีที่แล้ว

      + 1 (5 0 5) 3 9 3 7 6 5 3🇱🇷

  • @OrangeJuice94-w2z
    @OrangeJuice94-w2z 3 ปีที่แล้ว

    I almost started to cry when he said keep going

  • @interstateceo303
    @interstateceo303 6 ปีที่แล้ว +183

    I was the first guy, trying to now become the second guy...

    • @SunnyDoesLife
      @SunnyDoesLife 6 ปีที่แล้ว

      Danny 303 Assign v. Double Close
      th-cam.com/video/eBtxdJAIcf8/w-d-xo.html

    • @chava3032
      @chava3032 5 ปีที่แล้ว

      I’m the 4rth 😂 you from Colorado 2? I was thinking about buying in Texas

    • @jacemarley9888
      @jacemarley9888 5 ปีที่แล้ว

      Danny 303 ha ha. That’s how I got here too

    • @iammaximus614
      @iammaximus614 5 ปีที่แล้ว

      Danny 303
      Yes, I know the feeling
      Just little late in the game,
      in Kalifohnia👌🏽😉

  • @nextlevelrealty9653
    @nextlevelrealty9653 6 ปีที่แล้ว +1

    Next Level Real Estate Investor !

  • @armandodeluna609
    @armandodeluna609 6 ปีที่แล้ว +180

    I should of said no to drugs

    • @joey_bonesjr3230
      @joey_bonesjr3230 5 ปีที่แล้ว +20

      Yup. I just did and things are looking up. Never too late

    • @danmclaughlin1180
      @danmclaughlin1180 5 ปีที่แล้ว +19

      You "should have" or 'should've'.
      Never use "Should of" as it is incorrect.

    • @mr.Swartz
      @mr.Swartz 5 ปีที่แล้ว +24

      Don’t be a Puto! Step up your game and sell drugs now that you know the market.

    • @dhhddjhd8460
      @dhhddjhd8460 5 ปีที่แล้ว +1

      Me to. But hey it's never to late.

    • @aaronsignore8067
      @aaronsignore8067 5 ปีที่แล้ว +2

      never too late bro

  • @freesancocho
    @freesancocho ปีที่แล้ว +1

    What about international markets such as Colombia

  • @ItsLoadingError
    @ItsLoadingError 6 ปีที่แล้ว +33

    hey im 14 and I want to be just like you. ive been doing research for the past month. I live in the bay area too so i think im in the perfect place. im not sure how to get started. when i get older if i still want to do this can u help me out. im a good kid and i get good grades.

    • @ItsLoadingError
      @ItsLoadingError 6 ปีที่แล้ว +1

      I know alot of people that are blind to making money this way just like my parents

    • @michaelbacile8439
      @michaelbacile8439 6 ปีที่แล้ว +3

      Hey buddy, it’s good that you’re already trying to educate yourself in financial freedom! Go to biggerpockets.com and talk to people there. Create an account and ask questions. By the time you’re of age and have the money you’ll hit the ground running! Good luck!

    • @strikey6300
      @strikey6300 5 ปีที่แล้ว +1

      Was up I’m 13 and I’m from the bay too

    • @dapro2524
      @dapro2524 5 ปีที่แล้ว

      Lmao investing in the bay as a newbie?! GOOD LUCK... youll need it

    • @LargerThanCats
      @LargerThanCats 4 ปีที่แล้ว

      How do you get started? Easy, get a job and start saving.

  • @vasmajority45
    @vasmajority45 5 ปีที่แล้ว

    Checked out the Biggerpockets website and basically in the fine print you have to pay them after using their stuff five times. Your call though.

  • @todmas3077
    @todmas3077 5 ปีที่แล้ว +3

    Need good credit to do this. I’m giving myself a year

  • @nick-xo3dw
    @nick-xo3dw 3 ปีที่แล้ว +2

    if you found this video you on the right step. the next step is taking action.

  • @siontable
    @siontable 5 ปีที่แล้ว +7

    Brandon , now THAT was an awesome 8 minutes of clear, concise,, summarized, information on real estate investing and the framework to make it happen! Well done!

  • @tokeypokey
    @tokeypokey 4 ปีที่แล้ว +1

    Just bought my first 4 unit for 55k it's 4 efficiency apartments at 350 a month that are in ok shape for the area but we all start somewhere

    • @JPPropertyConsultingLLC
      @JPPropertyConsultingLLC หลายเดือนก่อน

      If you’re a current landlord or possibly looking to delve into the world of becoming a landlord…
      Come check out my website. I come from decades of working at the large, national and statewide Property Management organizations. I teach small landlords all the business practices that we train our leasing and management staff on , such as proper documentation to avert fair housing allegations, thorough application processing procedures, safety protocol when showing apartments, marketing and advertising dos and donts, resident retention ideas, and more.

  • @jjbuckner
    @jjbuckner 6 ปีที่แล้ว +4

    Great video Brandon, as always!

  • @Ericamscarter
    @Ericamscarter 2 ปีที่แล้ว

    Informative.... Thanks 💎

  • @KnockoutInvesting
    @KnockoutInvesting 5 ปีที่แล้ว +3

    Real estate investing is the way to go to build wealth. Rent it out and generate cash flow. Use the rent payment and cash flow to pay off the mortgage quick, then sell the house. You never ever have to put in your own money at all! Profit $$$ in ten years or less.

  • @MrZlatanv
    @MrZlatanv 2 ปีที่แล้ว

    I just bought my first off market as is property! 💪 let’s goo!
    should I pay for an inspection before doing any work on the property to see where I stand?

  • @camicane2971
    @camicane2971 5 ปีที่แล้ว +11

    How does the bank approve you for a loan for multiple houses?

    • @jvaldez5
      @jvaldez5 5 ปีที่แล้ว +1

      Cami Cane I’m using a cash out refi on my first house. This will pay off my second investment property I will close on in two weeks. Hope this helps

    • @chosencode8843
      @chosencode8843 4 ปีที่แล้ว

      jvaldez5 hello ! Do you have an Instagram I want to learn from you , I’m 17

  • @rodthomas7280
    @rodthomas7280 6 ปีที่แล้ว +2

    Thanks for sharing your insight. You provide appropriate advice.

  • @jamarmeadows
    @jamarmeadows 6 ปีที่แล้ว +10

    Thank you for this video sir. I look forward to getting into real estate and these tips are awesome!! Thanks again.

    • @Uxamakiani
      @Uxamakiani 5 ปีที่แล้ว

      Sir i have one more option for you if you are interested then let me know

  • @williambreeze2659
    @williambreeze2659 3 ปีที่แล้ว

    Thanks for the video 📹

  • @SterlingWhiteRealEstate
    @SterlingWhiteRealEstate 3 ปีที่แล้ว +12

    Step #1: Make a plan.
    Everything starts with a plan.
    One cannot do anything purposeful without a plan. The bigger one's goals are, like attaining financial freedom, the more one needs a plan and a more detailed one at that.
    At 2:26.

  • @sambuss1762
    @sambuss1762 ปีที่แล้ว +1

    How do you go about investing into property if you’ve have unfortunately dig yourself into a credit hole. Is there a way to invest and get approved for loans for property rentals even with bad credit?

  • @jeffghant4760
    @jeffghant4760 5 ปีที่แล้ว +3

    I don't invest in real estate because I don't know how to fix houses which means I'll have to pay contractors tons to do the work and it'll eat up my profits. That's my only concern.

    • @Josh-ii1eq
      @Josh-ii1eq 5 ปีที่แล้ว

      This is why condos are a great choice to start

  • @belinda8780
    @belinda8780 4 ปีที่แล้ว +1

    Thank u Brandon. This really helps!

  • @MattBuysHouse
    @MattBuysHouse 6 ปีที่แล้ว +484

    do we need a beard to be successful at this?

    • @ZawayixFalconer
      @ZawayixFalconer 6 ปีที่แล้ว +24

      Yes

    • @randomstranger9494
      @randomstranger9494 6 ปีที่แล้ว +53

      it is my understanding, the more successful you become, the more beard you will unlock....

    • @Thermohybrid
      @Thermohybrid 6 ปีที่แล้ว

      Lol

    • @KidCity1985
      @KidCity1985 6 ปีที่แล้ว +22

      I'm a woman, do I need a beard?

    • @masterson0713
      @masterson0713 5 ปีที่แล้ว +1

      Yes it's mandatory

  • @jeremiah4267
    @jeremiah4267 ปีที่แล้ว +1

    by "buy" rental property, do you mean actually buy the entire price tag? Or just borrowing money and renting out the house the bank actually owns.

  • @KennTollens
    @KennTollens 5 ปีที่แล้ว +11

    I blew all my money on a degree. Now I'm ready to actually make money on rentals, that I didn't need a degree for.

  • @kerrinanaidoo4756
    @kerrinanaidoo4756 4 ปีที่แล้ว

    Wow this is an incredible narrative

  • @paisleethinks
    @paisleethinks 5 ปีที่แล้ว +7

    Thank you so much for this information, I was literally just weighing up whether to buy a new car or keep saving for my first investment. This was so insightful👏🏼

    • @Uxamakiani
      @Uxamakiani 5 ปีที่แล้ว

      sir i have a better option for you if you want to save your money and make it increase day by day

  • @MBCz_XtRMn8ToR
    @MBCz_XtRMn8ToR 2 ปีที่แล้ว

    Just subscribed, thank you for your time and help

  • @manubisbee1
    @manubisbee1 6 ปีที่แล้ว +3

    Great video. Question how do you keep buying homes. Loan officer said only option for me is to put down 30k. I don’t have that much each time to purchase. Any advice would be much appreciated

    • @charleswalker6109
      @charleswalker6109 6 ปีที่แล้ว +3

      Manu Alexander no way! I buy houses in full for less than 50k and make awesome returns on them. My tenants pay all my bills associated with the properties and we have them paid off inside of 4yrs. Be comfortable with the market(s) you want to buy in. But don’t count out markets simply because they are not near you. I also work with several out of state and out of country investors who need advice/help with finding their properties in my area.

    • @AprilCarterVPRILCVRTER
      @AprilCarterVPRILCVRTER 6 ปีที่แล้ว

      I’ve had this same question. I’m ready to invest but at 20% down for investment loans sucks.

    • @huey1153
      @huey1153 6 ปีที่แล้ว

      You don’t have to buy in your area, looking for surrounding areas for cheaper. But honestly 30k is pretty reasonable for this

  • @JenMaldonado
    @JenMaldonado 4 ปีที่แล้ว +2

    Very well and simply explained. Due diligence and numbers play a key.

  • @JeffTheEntrepreneur
    @JeffTheEntrepreneur 5 ปีที่แล้ว +7

    Wish I watched this before my 997 course

    • @Uxamakiani
      @Uxamakiani 5 ปีที่แล้ว

      you have still option to invest your money and make it increase day by day

  • @Rae.Jac-Knowledge
    @Rae.Jac-Knowledge ปีที่แล้ว

    What should I do for my first property? I've been considering it for 5 years and I'm finally wanting to execute the plan but my first rental, what should I be looking at?

  • @barrick4807
    @barrick4807 6 ปีที่แล้ว +17

    Im story one that wants to be story two. I’ll be watching all these videos sold my 40k car now I’m driving a 300$ car.

  • @randomstranger3473
    @randomstranger3473 3 ปีที่แล้ว

    thankyou for the insights

  • @sebzjaime4966
    @sebzjaime4966 4 ปีที่แล้ว +12

    19 just bought a 2019 Mercedes E300.... i feel stupid 🙃

    • @frankyre8521
      @frankyre8521 4 ปีที่แล้ว +1

      I’m 20 and bought a 2018 civic. How much are you paying monthly for the Benz ? How much down payment ? I’m trying to get a rental property soon too. Oh and if you don’t mind me asking what do you do for work ? And about how much do you make to be able to afford that ? At 19

    • @AuraRazor
      @AuraRazor 4 ปีที่แล้ว +2

      U are