INSANELY valuable!!! I feel like I should have paid AT LEAST $100 - or $1000 - to listen to you and Andrew share the inside scoop and process. And what an amazing deal. I’d love to hear where this deal is at now.
Cap Rate simplified I have been listening to great number of videos but no one had to simplify it in this manner. Now I understand learning is a process.
I missed this initially, but so glad I found it. Thanks for the change in content. Getting into specific processes raises this newbie's knowledge and is helping me "slay dragons" that are between me and the deals I should be hunting.
Thanks BP I’ve been listening daily for the past month I’ve been thinking listening learning and dreaming lol everything real estate Turns out my neighbor (i live in a mh park) is selling his 1995 mobile home so this past weekend me and my uncle went to check it out (he knows everything construction) I told my neighbor that I’d make his problem my problem 😉 Normally I don’t like partnering with friends or family but he’s one of the few I trust anyway I made him a cash offer and today he said my offer works so he’s looking to move out by June because he’s getting married and he’s moving in with her The house needs a lot of work but mostly cosmetic I’m thinking we can 3x the value …I’ll be posting videos of this journey My plan is to flip it since it’s on a park Edit: he also asked me if I’d be interested in buying his daughters attached house (half house) so I think that’s interesting and excited for the future
Thank you for this awesome video! Where are you plugging your numbers into? I'm looking for a good underwriting spreadsheet. I also searched for podcast 279, but I'm not finding it. Is there a link to it?
Hey guys what's up I'm a big fan of your podcast I listen to it everyday and yeah I got a few properties now I want to get properties financed but the banks in my local area all of them say no to me you guys have any ideas on how to get lenders to finance my projects
we need to know the water bills , trash service, insurance , elec/gas common areas , gardner/snow remove , rental tax , what cap improvements you did last yr , things I dont know . as rents taxes manager I can figure myself what I want to put away as vacancy , future improvments ,
I haven’t understood why some prefer low cap rates-as though a high cap rate is a red flag. Anyone understand this? I’m looking at a multi-family property that has an awesome 17% caprate.
Because people want different things. If you want cash flow for longer time then stick to higher cap rates (like you). If you want a faster return in your investment then go for a lower cap rate.
It is interesting to see the way their content is shifting. They are still making videos for single family but as their personal portfolios grow they realize they don't have time to deal with single family homes anymore so they are focusing on what they do now which is multi family
these stories are great but most of these people have a very high degree of education in some other field. I don't hear too many of these stories of someone with a highly technical background that was able to successfully transfer to real estate investing.
INSANELY valuable!!! I feel like I should have paid AT LEAST $100 - or $1000 - to listen to you and Andrew share the inside scoop and process.
And what an amazing deal. I’d love to hear where this deal is at now.
Cap Rate simplified I have been listening to great number of videos but no one had to simplify it in this manner. Now I understand learning is a process.
Amazing episode!!! Best episode I've heard across diff content channels in a while. Please have Mr.C back monthly or quarterly!!! Thx again!
I missed this initially, but so glad I found it. Thanks for the change in content. Getting into specific processes raises this newbie's knowledge and is helping me "slay dragons" that are between me and the deals I should be hunting.
It is amazing how so much value is available on TH-cam for free, thanks guys!
Mr. Cushman is the man. Great show!
Thanks BP I’ve been listening daily for the past month I’ve been thinking listening learning and dreaming lol everything real estate
Turns out my neighbor (i live in a mh park) is selling his 1995 mobile home so this past weekend me and my uncle went to check it out (he knows everything construction) I told my neighbor that I’d make his problem my problem 😉
Normally I don’t like partnering with friends or family but he’s one of the few I trust anyway I made him a cash offer and today he said my offer works so he’s looking to move out by June because he’s getting married and he’s moving in with her
The house needs a lot of work but mostly cosmetic I’m thinking we can 3x the value …I’ll be posting videos of this journey
My plan is to flip it since it’s on a park
Edit: he also asked me if I’d be interested in buying his daughters attached house (half house) so I think that’s interesting and excited for the future
Hi - it would be great to see/hear about this journey. Where are things now a year later?
Spectacular video guys..thanks for posting!
Thank you for this awesome video! Where are you plugging your numbers into? I'm looking for a good underwriting spreadsheet. I also searched for podcast 279, but I'm not finding it. Is there a link to it?
This was a really great big picture episode with solid tips that would fit in 3x5 index card
Such a great videooo!!!
Love Andrew Cushman!!!
Hey guys what's up I'm a big fan of your podcast I listen to it everyday and yeah I got a few properties now I want to get properties financed but the banks in my local area all of them say no to me you guys have any ideas on how to get lenders to finance my projects
Good question. 13 days no response. Hopefully a reply gets their attention and elicits a response.
The Keanu Reeves is a great analogy. He came into work one day and he is extremely, extremely nice.
Great tips! Hoping to get into multi family some day but who isn’t
Great material outstanding
we need to know the water bills , trash service, insurance , elec/gas common areas , gardner/snow remove , rental tax , what cap improvements you did last yr , things I dont know . as rents taxes manager I can figure myself what I want to put away as vacancy , future improvments ,
9:49 David takes a punch
4,576 phone calls, that’s almost 20 calls a day in a span of 3 months. Definitely doable if cold calling is the move.
Awesome👌
Awesome episode!
I haven’t understood why some prefer low cap rates-as though a high cap rate is a red flag. Anyone understand this? I’m looking at a multi-family property that has an awesome 17% caprate.
Because people want different things. If you want cash flow for longer time then stick to higher cap rates (like you). If you want a faster return in your investment then go for a lower cap rate.
14:05, what is “phase 1 underwriting”?
you need a white board. period. walk through the deal on paper and plug in example numbers!! PLEASE!!!
24:38 fudge factor
Consider a whiteboard. Use %s vs. $s.
Lil investors don't get $49M off market deals 😆.
It is interesting to see the way their content is shifting. They are still making videos for single family but as their personal portfolios grow they realize they don't have time to deal with single family homes anymore so they are focusing on what they do now which is multi family
You’re assuming every deal is similar, they’re not. You can make money immediately.
Idk why but the sound bothered me in this video and I had to leave 5 minutes in /:
I kinda miss Brandon
55:40
these stories are great but most of these people have a very high degree of education in some other field. I don't hear too many of these stories of someone with a highly technical background that was able to successfully transfer to real estate investing.
Just fyi most of Hawaii despises Brandon because all of the real estate transactions he’s bought have caused prices to soar.
Add don’t buy a rental property by a registered sex offender.