And the alternative was to vote for a woman who went in debt on her own campaign. Im sure she had much better ideas about the economy.

I had a tenant move in and immediately start complaining about the most ridiculous things. There was a dual pane window that mysteriously cracked itself from the inside, and he speculated that it was probably a ghost because the house was really old. I fixed the window and reminded him of the lease agreement regarding damage outside of normal wear and tear - he went next level crazy with the complaints and thought, among other things, that the sunroom should be converted into an interior living space and that he called the city to complain. They actually came out and I had to take time to deal with that frivolous BS. He ended up stiffing me out four months' rent. On his way out he jammed up the sewer line with about 200 hundred tampons. The bill was staggering. Between turning into a squatter and the repairs after, he cost me an entire year. Luckily this was not in a blue state and I was able to get him out of there in a somewhat short amount of time. Very shortly after, he was later arrested for swindling seniors out of a ton of money. Doughy soft looking whiteboy, so I'm sure his stay in prison has been enjoyable. Being a landlord has it's share of human adventures. Screen your tenants with great caution.

He should leave Raise rate too much

Wat?

What calculator or software do you use for the math?

24:35 - lying. Took a long pause. Great investor, don't get me wrong.

great guest! articulate! but he did not go into detail on how he analyses a property for equity. that criteria probably differs for single family; small multi family; and large multi family. i would like to hear more on this topic

It's Detroit.... aside from 1 runup in 40 years, it's been stagnant with high boom and busts. Property taxes are high, city income tax is high.

I’m glad to see Henry becoming your co host David should have chosen him over rob years ago

To be a successful business owner and investor, you have to be emotionally neutral to winning and losing. Winning and losing are just part of the game. Risk comes from not knowing what you are doing.

These tenant stories are great to listen to. Let's see more of these episodes in the future!

Very informative video we love

I like your video a lot

Any some one there private lender to invest

I don't see why this can't work on turn key houses lol

Bad advice...... You always need some cash flow. You can make the case of how much one should have but if you have 5 properties with neutral cashflow you can get into trouble real quick. Positive cash flow allows you to weather a down turn in Housing Prices. Especially when you have repairs. Could you imagine if you there was a 15% down turn in housing and then get slammed with a roof replacement and HVAC replacement? Too much risk to play the equity game by itself....

Im only about 15 mins in but so far I’m surprised y’all seem to have had a good run as landlords ! I thought this was going to be houses taken over by squatters , people passing away in units , police raids destroying properties , break ins and stolen equipment etc

These tenant stories are wild!

This lady is sharp as a tack! This is such an investors state of mind convo!

Successful investing is hard work because it means disciplining your mind to do the opposite of human nature. Buying during a panic, selling during euphoria, and holding on when you are bored and just craving a little action. Investing is 5% intellect and 95% temperament.

I'm stuck in analysis paralysis mode, and Clay is all gas, no brakes! 😂

Have a tenant who's received several noise complaints, but cannot be quiet during quiet hours for some reason. We decided to offer the tenant below them cash for keys to move out since a behavior eviction usually never works and takes months. Do we tell new applicants what they're moving into? Was this the right move?

All of these stories seem extremely tame. Let me guess, you don’t own in a major city?

Is it just me, or is there a lot of homes for sale right now? I have been watching the housing market for the last year. I am shocked to see the flood of homes right now....Yikes

Hit 240k today. Appreciate you for all the knowledge and nuggets you had thrown my way over the last months. Started with 24k in September 2024.,..

Tenant set up an above ground swimming pool in my rental’s back yard. My daughter and his daughter were friends and I found out about the pool when my daughter asked if she could go swimming there. When they finally left, he owed me 2 months rent and had completely taken a kitchen down to the studs. Among other things.

This was a really interesting and entertaining segment. Please do more of these.

I would like to see an episode where you guys broke down your real estate journeys. Like where you were year 1, 5 , 10, and how you got there. Thanks

Love this stories and made me feel that I am not alone. I had and have great tenants but also bad tenants. Traveling nurse and Veterans were my nightmare tenants. I am a Veteran and worked in the hospital that’s why I was very dissappointed that they were my nightmare tenants .

Why dont people patten owned property to avoid tax ?

I like this topic and would like to hear more.

Had a friend in college who bought a house, rented the rooms and was able to pay off alot of his school loans with equity gained while loving in it and fixing it up.

Apartments are notorious for credit application fees that are unnecessary since employees just want to be robots and push paper. However, how do you give felons, ex criminals a chance? When you have non-felons with soo many issues? I guess if you know the person or develop a relationship with them you can judge them better, but how do you set up a process that finds the good reformed ex criminals? Wouldn't you naturally assume a prior record could potentially be problems for your property?

enough fruit fly on ceiling when it just look like dark grey ceiling instead of original white ceiling. i see dirty tenant all the time, but that was beyond my wildest dream. background: young nurse with decent income and moved back with her family due to health issue, like.....ya no sh!t, health issue

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With all due respect Grant Cardone is an out of touch millionaire

Pay on the 28th and not expect a late fee!🤬

Not trying to spam, but I’ve seen so many people struggle with setting up their business legally-Nexalic made it easy for me to get my LLC done without the headache. Like if you’re ready to turn your idea into something real. God bless!

I get that this might look out of place, but for those dreaming of their own business, Nexalic made setting up my LLC so simple-it’s worth checking out. Like if you’ve ever thought about being your own boss. God bless you!

I know it’s unusual to see this here, but if you’re someone trying to start a business, Nexalic helped me get my LLC up and running without any stress. Like if you’ve ever felt stuck in starting something new. God bless!

Not trying to spam, but I’ve seen so many people struggle with setting up their business legally-Nexalic made it easy for me to get my LLC done without the headache. Like if you’re ready to turn your idea into something real. God bless!

So start producing.

Yep and yep! So glad I made smart choices! I love being a hustler. 😂

Grant Cardone flip flops on all his advice, he follows trends and only says whatever he has to say that gets attention. I never listen to that guy and hate seeing his face and hearing his voice. He loves to show off he's always making dealings all the time and making easy money, real estate investing is a long term investing but it is worth having the cash flow from the rentals. you won't be rich but you can get to the point where you don't need a job, just can either manage the properties yourselves or hire a management company to take care of your rentals for you

I don’t know about you guys, but this economy feels worse every day. Prices just keep going up, and it feels like I can’t get ahead no matter how hard I try

It’s clearly an assets, is it in an investment it depends but I think usually if you own a home and pay it off or even if you don’t, 5-30 years from now, rents most likely will be much higher than your payments, which means it is a benefit to lock in a home. I like Grant Cardone vids sometimes but he doesn’t even think you should by a rental unless It’s 30 units or more, which doesn’t even make sense. So take influencers opinions with a grain of salt.

I would say you have year-over-year growth because the expensive houses are still selling for cash but the median true blue collar worker is not buying anything cuz they can't afford it this deluge of houses is coming Even if a blue collar worker can't afford it they don't want to pay the interest cuz they've never seen it lots of deals on the way

I’m 20 years old, lost my dad half a year ago and have just received 350k inheritance. Would it be smart to grow my money in stocks while in college and then pay down mortgage afterwards, or should I go for real estate investing first since I'm still young?

full time disability*

Buying a house means in 20 years you’re paying down a debt made with 20 year old inflation figures with inflated dollars. In 5 years the equity over doubled in my primary residence, all the while I’ve invested less than 100k I think that’s a pretty smart choice