Speaking of crypto trading. It's the best business in the world right now, I know a couple of friends who make a whole lot of money trading the crypto market.
I’m dying laughing 😂 😂 those two people behind you trying to creep across the room without being noticed. We noticed! They should have just walked normally. Great video btw. Appreciate the information
If you invest in properties out state, you'd have to create systems/processes to make those properties work on its own. Even with properties that ara near you, you pretend that they are still far away from you.. You can be spending a lot of hours just to fix a toilet. You need to have a system in place.
I like this video. I came & pay for one video with information on real estate & got a bonus video. I got a two for one deal. Great information & great entertainment 👍 👌 😀 👏. I learned something but I was laughing while I was learning.
I did one where the urine and shizza were so bad your eyes watered. We used snow shovels to remove the carpet which was soaked and decaying into sludge. Run in, scoop a pile of filth and run out. It was like they had opened a zoo and locked the hippos in the house. When it was all out, we soaked the concrete floor with bleach, amonia and other chemicals that turned it completely chalk white. That was the most disgusting house I have ever been in and that's saying something cause Ive been in a lot of crap places.
Did not work for me . Brought a 2 family renovated updated everything and added square footage. When I went to refinance debt to income was too high regardless of the money I have saved which is more then enough. So becareful.
That's because guys like this are scammers. Most sell books to people desperate to get rich like they supposedly did. The whole point of this investment philosophy is buying a revenue generating asset that should always produce more resources than it costs -- i.e. positive cash flow. But he just admits that he has his expensive properties. But you can not fill an expensive home with a renter and get close to covering the cost of the mortgage. Rents, according to Zillow for $500K homes only demand rents of $2500 hundred per month out where I live. That's almost the same price as a $300K house, yet the mortgage payments for each property wouldn't be similar at all. There's a reason these guys don't tell you too much about what they really do.
razerfish Wrong, unless you failed as well you can’t talk blame everything else in the world but yourself you have a victim mentality. You have to analyze a deal and make sure it’s below market value...
Hey Tarl, Great video! I’ve watched a few of yours now and you have a great way to communicate. Just wondering if you provide coaching, jv or other services?
This is Tarl, I will JV into some deals with some people, yes. Glad you like the videos! I also have coached a few select people over the years, all depends on their circumstances and if i can help them or not
Maybe it was a good thing you did not know about it until 3 years back then would you have the time or energy to even build the duplex considering your portfolio only consists of flipping.
I’m trying to do my first per property it’s a single-family home and I have to take investors on I need a down payment of 45,000 I’m gonna get my investor to put the 45 but my question to you how should I structure the deal with multiple investors and can I finance the rehab cost of 50,000 for a loan on the property itself
Hi, just wondering if there is any information on how this works in other countries, such as Australia.. I live in Queensland and Im keen to know what differences there are, and whether the BRRRR SYSTEM could work here also. And what I need to consider.. thanks
I get why you're doing it, but you're going to potentially cram 3 family's on what was one lot? I'd be pissed if I was the original renter. I'm accustomed to being on a property with land, so giving that up to be forced to live right next to someone doesn't seem ideal. Not everyone likes being forced to live right next to someone. And legit question here, but would putting multiple buildings on one lot bring down the value of the lot?
If you have little savings what is a realistic strategy to get in the game of buying house, borrowing money from hard lenders and rehabbing and renting out?
Do you do the rehab work yourself, or do you hire help? For those people that have no experience with flipping homes and being able to guesstimate how much it would cost to flip in materials and labor, do they get a contractor to come out to estimate the job for them?
Where the heck can you find someone to pay 1750$ a month to rent a house, my house 5 min. from the water can only get 1200 a month!!! and it is super nice way nicer than this house !!
Is that system you talk about one that you put in place or one that had already existed and you adapted into your investing strategies? I ask because it sounds similar to one that was being pitched to me by fortune builders.
You always want to have the least amount of debt. Use debt as a short term investment to add income, and then pay it off as soon as possible. Eventually not having any loans at all. If you're in the business for many years and still have debt, you're still new.
There you go my point you say get funding together but dont tell us any thing about how to get that funding lined up as you say? and im sure you wont answer that question while tell us we need it but not giving the how.
Why many BP videos have that Professor Natasha Anderson/bitcoin comment and the comment thread seem to be same posted by different people. Is it a scam?
Hello what is the best way to get started with real estate investment and crypto trading? I've been making my personal research for a while now.
For me the best I have succeeded in crypto trading is by trading with a good account manager.
Investing with an experienced expert is the best way to get started in the crypto market. Learnt that the hard way though.
Speaking of crypto trading. It's the best business in the world right now, I know a couple of friends who make a whole lot of money trading the crypto market.
Crypto trading has left me no choice but to keep investing because it makes so much profit for me.
The success behind my profit earning in bitcoin investment is not solely on my skills but by the help of investing in an expert
I'm buying my first property now, just signed a contract on a duplex and I'm super excited about it!
congrats!
Where'd you end up investing at?
@@memeb.5889 In Galveston TX
Congrats sean! Hope it all turns out well
Can we get an update on how it's going? Genuinely interested.
came for the content stayed for the sock puppets
the puppets were great, the next 40 minutes of stupid signs was irritating and distracting.
Erati243 I agree. Annoying
Me also.
I’m dying laughing 😂 😂 those two people behind you trying to creep across the room without being noticed. We noticed! They should have just walked normally. Great video btw. Appreciate the information
They later did a sock puppet over his shoulder. Lol
I just found out that my property has two parcel #'s! I'm calling the county tomorrow to see if I can build a dwelling on the lot!
I can’t even focus on what this dude is saying with those signs 😂
The sock puppets are gold
Clarity is more than welcomed for this method. Thank you for being thorough.
Saving my life in my 20s with this
Your kids were putting up signs behind you that made me laugh.
Wait that was his kids? I thought they were like his age lmao
Very interesting and the sock pets and signs made my evening. I am looking into buying my first property and I try to gather as much info as possible.
The sock puppets made my night for sure!!
Sneaky friends! We just bought our first BRRRR and looking to track our progress on YT
i learned alot, thanks, but the sock puppets and signs made my day🤣🤣🤣
The kids in the background!!! 🤣😆😂 great stuff!!! I work in Lakewood too cool
great video Tari. your real world examples help further illustrate what BRRRR is all about. i learned a lot from this. thank you!!
Is everyone else as inspired by these videos as I am??
I'm so sorry I can't even listen to you right now your kids are cracking me up🤣🤣🤣🤪🤪🤪
lol... I laughed at the background comedians...lol
The commercial BRRRR is my go-to strategy for commercial properties
Kids in the background with signs lol!
If you invest in properties out state, you'd have to create systems/processes to make those properties work on its own.
Even with properties that ara near you, you pretend that they are still far away from you.. You can be spending a lot of hours just to fix a toilet. You need to have a system in place.
Always good to hear from Tarl. Learnt a lot as usual.
Lakewood WA...a place just near a military base. Very clever
One of my favorite videos ever!
I am living for the background goofballs. 😂😂😂
You're lucky to be able to build a duplex, as many areas will not allow it. I would love to do the same. Good deal on that property.
Great job staying on track with the sock puppets photo bombing!
Repping the Travis Mills Shirt! Love it
First time viewer, great content!
two funny guys behind you hehe anyway thank you very much for inspiring us i am thinking i should do this oneday
“Shoulda kept all the flips!” Amen🤦♂️
SOS!!! Help is on the way 😂 great content
Checklist Manifesto!!! Awesome book, changed my life!
I like this video. I came & pay for one video with information on real estate & got a bonus video. I got a two for one deal. Great information & great entertainment 👍 👌 😀 👏. I learned something but I was laughing while I was learning.
Before I knew better I thought this guy was David Green because they sound very similar 😂😂
I did one where the urine and shizza were so bad your eyes watered. We used snow shovels to remove the carpet which was soaked and decaying into sludge. Run in, scoop a pile of filth and run out. It was like they had opened a zoo and locked the hippos in the house. When it was all out, we soaked the concrete floor with bleach, amonia and other chemicals that turned it completely chalk white. That was the most disgusting house I have ever been in and that's saying something cause Ive been in a lot of crap places.
Lmaooo! You have some awesome friends in the bg. 😂😂
In La county we can put Tiny homes which saves a substantial in contruction
Do tiny homes appreciate the same way? I checked a couple and seems like they don’t gain value and in some case lost value
this is THE BEST bp video EVER! peridot!!! 🤣
Did not work for me . Brought a 2 family renovated updated everything and added square footage. When I went to refinance debt to income was too high regardless of the money I have saved which is more then enough. So becareful.
That's because guys like this are scammers. Most sell books to people desperate to get rich like they supposedly did. The whole point of this investment philosophy is buying a revenue generating asset that should always produce more resources than it costs -- i.e. positive cash flow. But he just admits that he has his expensive properties. But you can not fill an expensive home with a renter and get close to covering the cost of the mortgage. Rents, according to Zillow for $500K homes only demand rents of $2500 hundred per month out where I live. That's almost the same price as a $300K house, yet the mortgage payments for each property wouldn't be similar at all. There's a reason these guys don't tell you too much about what they really do.
razerfish
Wrong, unless you failed as well you can’t talk blame everything else in the world but yourself you have a victim mentality. You have to analyze a deal and make sure it’s below market value...
THANK YOU FOR THE CONTENT HERE #BIGGERPOCKETS
I AM TAKING NOTES AN CANT HARDLY WAIT FOR MY FIRST DEAL!!
amazing result very worth it
😂😂😂😂 loved the show!
Hey Tarl,
Great video! I’ve watched a few of yours now and you have a great way to communicate.
Just wondering if you provide coaching, jv or other services?
This is Tarl, I will JV into some deals with some people, yes. Glad you like the videos! I also have coached a few select people over the years, all depends on their circumstances and if i can help them or not
Maybe it was a good thing you did not know about it until 3 years back then would you have the time or energy to even build the duplex considering your portfolio only consists of flipping.
I’m trying to do my first per property it’s a single-family home and I have to take investors on I need a down payment of 45,000 I’m gonna get my investor to put the 45 but my question to you how should I structure the deal with multiple investors and can I finance the rehab cost of 50,000 for a loan on the property itself
Awesome insights keep them coming
Love the kids in the background! 😆
The reason I asked, where I live the lot is a double lot also, I could copy what you did, except for the money part?
how i wish i can also do it hehe thank you
i was excited to watch this while eating.... then all the faeces came up lol much hahahaha
I’m here to save the kids in the background 😂
As we say in Boston that video was wicked pissah
Flipping equates to one night stands. The real value is in the long term.
10:17 Help 😂
Great info, thank you!
Thank you 👍
did i hear him say 90 days after the lockdown is over... hes clearly a humorous man
Hi, just wondering if there is any information on how this works in other countries, such as Australia.. I live in Queensland and Im keen to know what differences there are, and whether the BRRRR SYSTEM could work here also. And what I need to consider.. thanks
Non carpeted floors are the most expensive and least comfortable.
Who is the sock puppets behind you? Excellent analysis on sharing your story.
Died when I seen the sock puppets lmao
How do you find a hard money lender? For a budget of 163,000...I don’t have 20% or more for a down payment. Any financial advice??? Thank you
5:46 the two guys in the back lol
Great info
GREAT STUFF! Is there a seasoning period to do a cash out refi with a 5 unit Multifamily?
Lmfaaaaooo those signs I’m the back tho!
The guys in the back 😂😂😂
I get why you're doing it, but you're going to potentially cram 3 family's on what was one lot? I'd be pissed if I was the original renter. I'm accustomed to being on a property with land, so giving that up to be forced to live right next to someone doesn't seem ideal. Not everyone likes being forced to live right next to someone. And legit question here, but would putting multiple buildings on one lot bring down the value of the lot?
Thank you! Very insightful!
how do you figure out how to fix houses?
I own 2 Rental Properties 100%, rent 1500 each, I apply the 50/50 rule to cover expenses. What is the best strategy for getting a 3rd rental?
when you first start out how do you find your team of rehab people, how do you know how much a rehab will be?
Great info!
Well done
If you have little savings what is a realistic strategy to get in the game of buying house, borrowing money from hard lenders and rehabbing and renting out?
He's relying on leverage. He's a phony.
Great content
Do you do the rehab work yourself, or do you hire help? For those people that have no experience with flipping homes and being able to guesstimate how much it would cost to flip in materials and labor, do they get a contractor to come out to estimate the job for them?
“Messing with dad!”
Where the heck can you find someone to pay 1750$ a month to rent a house, my house 5 min. from the water can only get 1200 a month!!! and it is super nice way nicer than this house !!
Places where there is more people than housing.
Did you buy this property with a LLC ? If so what type of refinance mortgage did you get?
Is that system you talk about one that you put in place or one that had already existed and you adapted into your investing strategies? I ask because it sounds similar to one that was being pitched to me by fortune builders.
I'm from Lakewood WA!!
Nice.
We're gonna sit and pretend we didn't see sock puppets? 🤣
great video!!!
Who draws your floor plans?
Have you been raising those rents on the same tenants or did you raise the rents on newbies?
When property is brrrrred, does that increase the property tax because is appraised at higher value?
Love it😂
Can we get an update please on the duplex
Did you build the Duplex?
I have a piece of land and that I'd like to borrow against to renovate a house. Does this work? I haven't found much content on this strategy. Thanks
For the rehab, was it out of pocket or note from a private lender? Was it done by you guys or hired contractors?
You always want to have the least amount of debt. Use debt as a short term investment to add income, and then pay it off as soon as possible. Eventually not having any loans at all. If you're in the business for many years and still have debt, you're still new.
There you go my point you say get funding together but dont tell us any thing about how to get that funding lined up as you say? and im sure you wont answer that question while tell us we need it but not giving the how.
People sell property when they can't make the payments.
COULD you do this as an average income individual?
But the house market is about to go down due to less demand
Why many BP videos have that Professor Natasha Anderson/bitcoin comment and the comment thread seem to be same posted by different people. Is it a scam?