$0 to $5,500,000 in Assets by 27. Here's How I Did It.

[@arthurfonzarelli9828]

"Hey honey, it's that guy again who sold us this house. He's walking around this time on the sidewalk with a cheesy game show microphone. He's actually starting to scare me now"

[@cherrytung]

omg this is too good

[@patw.6567]

haha

[@zzzcocopepe]

Lol that's what I was thinking. Kris Krohn does it too, he keeps going back to his first house he sold and recording out in front

[@paulwalker9124]

Arthur Fonzarelli broooo pleas your contact number

[@chode-i-dis4119]

@@cherrytung lmao finance and fashion... idk if someone who does fashion should do finance😂🤣

[@stephenmac23]

graham stephen, meet kevin, the list goes on, y’all will b the reason i reach financial freedom before 30

[@MarkNoldy]

And there's a lot of us "old guys" who are working at "coming from behind" thanks to these guys.

[@mantramusic5009]

soulstice hey man I’m a huge fan of Graham. Is Kevin’s content worth listening too?

[@eli4s414]

Mantra Music Absolutely

[@types6661]

ive been binge watching these videos on investing in real estate and im only 13 lmao

[@FloridaBoilermaker]

Check out Chris Hogan also and bigger pockets if you haven't already.

[@do_regan]

The Secret = Start buying houses right after the biggest recession in the past 80 years.

[@xxDPKINGxx]

Really can't lose in that case. Survivors bias at its finest.

[@Plain1nsane]

With the help of your father who's financially stable enough to cosign on another mortgage

[@jackon6546]

My 401k more than doubled in the past 5 years... time to start a youtube channel explaining the secret to my success.

[@do_regan]

@@jackon6546 Exactly. And just imagine if for 4% annually you could've 4x leveraged your 401k starting 5 years ago.

[@thehelpfulentrepreneur1148]

Great point! 😃👍

[@cbadesha]

Just know this guys now got a 53 MILLION dollar portfolio in 2021. Good job Kevin, consistent quality content creation does pay off.

[@Ironpancakemoose]

Amazing how profitable grifting can be.

[@emrouse02]

5:20 he didn't stop for the stop sign!

[@christianrobertinvesting5218]

See this used jet ski behind me? I could buy it and still have enough cash to buy a chipotle burrito, and here’s my story

[@jordanharkins97]

For shits and giggles you should make this a video. I’ll make like 3 profiles and sub as a down payment

[@infowazz]

then sell the burrito for more cash. then use that to buy another one and keep flipping burritos.

[@bojanglesbritishbarberclub8054]

😂

[@OrlandoKiDD1700]

Y’all sum else😂😂

[@chadjones4255]

If burrito flipping was a thing, I might qualify for financing.

[@brianwilliams9642]

5:13 Worries that dirty car is bad for business. Literally 1 second later: Films himself blowing through a stop sign in a school zone and uploads it to youtube. Gottem.

[@jazzdad24]

Hahaha, Brian that's what I said too. Not sure if I would trust him with my money, attention to detail isn't that great.🙄

[@onealdavis8267]

I’m dead💀😂

[@goosecouple]

Good catch.

[@jamesbainton]

wearing his #dontsuemebro shirt

[@sigifredocoria1078]

Im out

[@gliddenrivera6846]

I like Kevin, good story teller. I can this guy blowing up, specifically because he is a smart dude without fear of having an opinion. I have been investing for years and he is solid.

[@danielreed1956]

Saving doesn’t multiply money.rather than saving,you should buy assets,trade or invest but make sure you run a background check up on your source before you invest. ensure you are investing through a solid foundation source to avoid losing funds

[@wilkesamish5957]

Smart way to think . Endeavor to do your own research to avoid huge risk of losing hard earned money

[@sammyjevons3290]

In as much as making money is a lot easier through investment,investors tend to overlook the importance of getting a skilled entity which will serve as guidance against huge risks and that is why most people lose trading

[@dayecastro874]

@@wilkesamish5957 i have lost investing with rigid traders,I’m still trading and learning to improve my technique,i just need to do my research on a more solid source to invest and earn

[@laisonherberts6107]

@@dayecastro874 you should trade with an expert to secure your financial position and earn,So far i can only recommend wilson as she renders good trading consultancy,contact her for help

[@laisonherberts6107]

Ellenwilson020@gmailcom

[@patrioticgrind]

When he said his course was only $250, I realized how dumb I was to pass up this offer a year ago. When the pandemic started, with no real estate experience, I paid $500 for the course. Haha. Still worth it. Two weeks ago, I closed on my first home with $40,000 of instant equity.

[@tjplays2116]

Bro really no way? Is he gonna still have it next year when I’ll be 18

[@patrioticgrind]

TJ Miner He definitely will have it next year. It’s a lifetime access after purchase. But at what price next year? Haha

[@tjplays2116]

Benjamin Xiong good good thank you

[@zeblackboi]

Congrats my Hmong brother!

[@blue35tuesday]

Lol, tell me more SCAM

[@iliketocomplain1007]

My guy said screw the stop sign 5:20

[@thinkingai6017]

Haha I saw that too!

[@teddypgray]

😂😯

[@jarrettwilliams2422]

It’s an attention tactic he does so when people see him do it they look at his car

[@iliketocomplain1007]

@Karol Szymon Wiśniewski are you fucking forreal

[@iliketocomplain1007]

@@jarrettwilliams2422 but there was no one around tho? Lmao

[@simonionashku2082]

Graham Stefan screaming at Kevin why he bought avocado toast

[@tommymack3210]

Simon Ionashku And Tesla X instead of 3

[@BanditLeader]

@@tommymack3210 he probably got the x before the 3 was out. And the x is more family oriented than the 3

[@deadfrominside698]

🤬fu my disciple

[@Sc250108]

@@deadfrominside698 0

[@saltydawgs387]

Oddly enough, a year later, he basically became a news reporter..

[@hardkombucha]

Worth 20+ million too.

[@PìnnedbyMeetKevin-r8v]

@@hardkombucha Thanks for your comment ... Let's discuss more about crypto future/profits.

[@eranimoo]

YOU SHOULD MAKE A VIDEO ABOUT HOW YOU DEAL WITH YOUR TENANTS/ WHAT YOU CONSIDER ABOUT RENTING THE PLACE TO PEOPLE etc. Dealing with people is extremely hard. The tenants are protected by law. What kind of agreements do you get them sign in order to guarantee yourself?

[@dannyduds1058]

I'm positive kevin ran that stop sign for comments. Guy is a genius

[@bgwhalley]

One word of caution to those who are still young like Kevin here.... Kevin is definitely doing it right! I ran a similar path to Kevin in my 20's and am now 41. The one word of caution is don't over-leverage. Be sure you can cover multiple mortgages in an economic downturn because I guarantee you will come across a time where unemployment is high and renters are hard to come by.... and if you cannot maintain carrying multiple properties on your own without renters for 6 months up to a year... you will find yourself in hard times and will need to get creative.

[@Hfxsthdtutd]

SurfingKook his youtube views create income i get thats not the case for most real estate investors/agents though

[@MrXimbicas]

Very good word of caution! I am afraid few people will take it and end up like in 2008.

[@dave45032]

What does over leveraging mean? Say you paid the 20% dp, and have maybe 60% occupancy in your portfolio during a recession. You're meaning to say that there should be enough profit left over from the other properties and your day job to cover the rest of the mortgages? This is on a 30 year mortgage. How about if you get interest only loans where you don't pay down the principal? I'm guessing what I'm asking is if I'll be forced to foreclose on those homes I can't pay off monthly mortgages of? In that case, shouldn't I just stick to interest only mortgages if I'll end up having to give up all my equity in the end?

[@ethangrossma4828]

@@dave45032 oh cool like right now?

[@grimreaper5295]

@@ethangrossma4828 I was about to comment the same thing, I was looking into properties not to long ago and decided to lay back before jumping in the game. told myself that everyone is trying to jump on the same boat maybe i should for the moment jump on the next one

[@Americanpatriot723]

I recently inherited almost $500k. I REALLY need to make this money work for me, and not just disappear over time. I've been scrambling for somewhere to put the money, where I can make an effort to use the gains to pay bills so I can quit my job . All roads have pointed to the financial market of some sort which is a good idea buh where else should I put money besides the financial market?

[@MIchaelGuzman737]

It really isn’t about how much you save, it’s about how you manage your money. Whether you work to earn income or invest, it still boils down to income vs expenses, so yeah you may look into investment advisors for a strategy that suits your goals.

[@Ammo-Hoarder]

@@MIchaelGuzman737 I fully agree; I'm 60 years old and recently retired with approximately 1.2 million in outside retirement funds, no debt, and very few dollars in retirement funds in comparison to my portfolio balance over the last three years. To be honest, the financial advisor's role can only be ignored, not dismissed. Therefore do your research to get a reputable one.

[@kashkat987]

@@Ammo-Hoarder A million dollars in profit is a fantastic achievement; how can I contact this advisør of yours?

[@Ammo-Hoarder]

Do your due diligence and opt for one that has tactics to help your portfolio continue consistent and steady growth. "LISA ELLEN SHAW" is accountable for the success of my portfolio, and I believe she has the qualifications and expertise to accomplish your objectives.

[@kashkat987]

@@Ammo-Hoarder Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.

[@jacobvaupel196]

I’m 25 and dream to have rental properties, I’m nervous about making the first step but these videos make me more confident and that much closer to making the first step.

[@brittanyr8357]

Jacob Vaupel I was nervous too...but I finally did it this year...it wasn’t as hard as I thought...just take notes from multiple gurus and do your research. Then dive in, and learn more! It’s worth it.

[@anonymous-mz5nf]

quit bein a pussy ass nigga

[@JamesHollowayYT]

I'm currently 25 as well! I currently have two properties that cash flow me $1100/mo :) I talk about my experiences and knowledge on my KZbin channel as well!

[@brown228228]

I'm 24 man just about to close on my first place. You have to plant the seed now to set your self up for the future just dive in and go for it

[@JamesHollowayYT]

Travis Brown that’s awesome! I’m pumped for you! We are setting ourself up for success!

[@peterl.104]

I bought stocks instead of going into real estate because I didn’t know anything about it and was afraid of the commitment. I thought I did very well, but Kevin did way, way better. Good for him. I hope I don’t compete with him for a house one day.

[@jollesracing517]

A lot of haters get mad on the video for no reason! Luck is a factor but Kevin is the real deal.

[@jacobhandyside5863]

I Bet Kevin had max cash stack in RS

[@AaronHernandez-xv4qh]

Convict Clava haha I played rs! Most I had was 1bil

[@trevorguzy8505]

Yeah but he won’t meet me lev 35 wilderness

[@TheKasoy90]

This bitch ass have a granite shield

[@Muircure]

Lmaoooo

[@santiagoramirez2348]

@kevin won’t dance for GF

[@promisestarxd9487]

I love how you totally ran that stop sign 😂

[@90K-d9x]

Thought I was the only one who seen it...

[@doomzy8622]

He can do whatever he wants if it’s a KZbin video😂🤙

[@doja_dre]

I'm always so excited to see a new Meet Kevin notification when opening my phone for morning break. Gets me motivated for the rest of my day 😁

[@paulchoate1]

I'm a contractor (48 years old). Been in business for 25 years. Pretty successful but I'm tired lol. I have about $350k in my SEP, ROTH and Traditional IRA along with about $50k cash savings. I have a family of four to support, mortgage, etc. I want to convert my IRAs into a self-directed IRA (liquidate everything) so I can buy, renovate and flip houses along with buy rental income properties. Have no idea how to do this lol. Just letting you know (Tired of the grind of remodeling for customers).

[@michaelmerisier]

Pretty awesome bro! I see negative and lazy people commenting non-sense, saying crap like “oh you really didnt start with zero money”, or “how did you go to europe if you were broke”, simply reflecting their self-doubt, something-for-nothing mentality and self-limitations. But I command you on making it happen and showing that it isn’t that complicated and it is possible if you take the initiative and take the plunge and start. Of course it’s not easy, but it’s doable and possible. I also like the part about “the secret”. We truly attract what we think about most. Congrats sir! Definitely inspired me.

[@tcormier321]

Thanks for the video Kevin. I'm 27 and just getting started. Wish I would have started sooner, but I'm glad to be getting the ball rolling on building my own wealth through real estate!

[@Sebbe40]

tcormier321 same here.. fml

[@TomassWolf1]

How’s it been going for you guys

[@networth00]

Realistically, if prices drop 1% then you lose $55,000, 2% you lose $110,000, 3% you lose $165,000, etc. In 2009 prices went down 40-50% or more in some places. If you own $5.5M in real estate and owe $3M, if it all dropped in half the houses with be worth $2.7M and you would still owe $3M, thus being in bankruptcy territory possibly since rents drop also. Just saying.

[@iBeo01]

I mean you should keep in mind what he has already made, so at this point the worst case scenario would be to break even. On most of the houses he bought for $400k or less he still wouldn't lose anything because he'd still be in the positive... even if prices dropped 3%. But the knowledge in and of itself is priceless, no? He can still work and make money.

[@sakaraist]

Unfortunately, Historically during recessions rental prices don't actually drop too much in the median group, and lower tier rentals actually go up in value as more people are trying to move somewhere cheaper.

[@mr.j7891]

It is a real estate market. It should be treated as such.

[@networth00]

@@iBeo01 You think prices only drop 3%? Go look at Vegas and LA how much prices dropped after 2009. In 2013 I bought a house for $40k and it was worth $250k, now worth about $280k. I bought another for $21k and it's now worth $200k. Prices sometimes drop 40-90%. I can give you the addresses and you can look it up on Zillow if you don't believe me. I sold those two a couple of years ago just to cash out. Don't think a million dollar place can't go to $200-300k because it just happened only a few short years ago. I've been investing since 1995 so I've seen the ups and downs. Young people have never seen the downs.

[@TheCostprice]

@@networth00 Good advice.

[@jorgeorellana9257]

I was about to start a one year lease... this video motivated me and educated me that buying a home is a possible for me and beneficial as it will increase my net worth as well as my future buying power... Goddamn Kevin, thanks!

[@MeetKevin]

Thank you!! Anytime Jorge!!

[@ameliaah]

I actually delivered an amazon package to that neighbor.. and yes I met Kevin during my route. Such a great guy! 😊 If it wasn't for his advise I wouldn't have been able to move out that way!

[@bengriffiths2774]

You are actually the fourth person that have spoke great about this strategy, I think I will try it out

[@ChrisInvests]

You're the man Kevin 😀👍

[@MeetKevin]

Thank you!!

[@thefox117]

Hmm. Went from 0-5.5 mil because I was born in cali, and daddy cosigned for me. And a good bit of hustle. Makes sense.

[@WtmGamingVids]

I played RuneScape and counter strike Hahahaha step one complete

[@saratbondada]

Same Runescape was the game. Step one check haha

[@andreevagelia1291]

Played RuneScape? One doesn’t stop playing RuneScape only long breaks mate

[@UnappreciatedTaste]

Lets be honest, RuneScape taught us how to trade (on GE e.g. BTD, Swing trade, spread trade, meme trade (phats & rares)) and economics (inflation, supply & demand)

[@uaeskils]

@@UnappreciatedTaste Can't agree more

[@FrankVirginia87]

I played ultima online. I'm screwed

[@MattTheMortgageGuy]

Back when he had a measly $5.5M [update : his net worth over $20M now...]

[@xxnf99987]

I'm not hating but his net worth was never even at $5.5M, his real estate portfolio was. Net worth according to the IRS is net liquid assets. Real estate is not a liquid asset. Not only that, but he doesn't own all the houses outright the bank does. He has equity sure but he also has a lot of mortgage debt along with it

[@MattTheMortgageGuy]

@@xxnf99987 -sounds like you are hating 😂

[@xxnf99987]

@@MattTheMortgageGuy I'm not lol I actually like Kevin. I enjoy some of his stock market analysis.

[@MattTheMortgageGuy]

@@xxnf99987 - all good, I was just razzing you! 😃

[@obaidbaig2058]

@@xxnf99987 surprised no one corrected you. His net worth is definitely right. He only considered the equity portion of his real estate in the calculation. He didnt count the portion still on loan..which is the correct way to do it. (I.e. if u owe 200k on a 300k house..100k counts towards your net worth)

[@williamp4879]

Your the Man Kevin, i usually envy rich people but what your doing helping and sharing your knowledge to us to be in your position shows your a great person in heart, thank you 👍🏼

[@NickPeitsch]

Riches don't come quickly... Unless you're subscribed to Meet Kevin

[@MeetKevin]

Ah Thank you!!

[@fernando3363]

Watched twice. So much information. This video showed your vulnerability and courage. Good job!!!!!

[@mosquito6282]

So....if your dad never co-signed, you'd be screwed!?

[@christopherharsh]

Good point but to be fair, Kevin was 19 and just starting out. The advice still works without a co-sign if you’re more established with a decent income!

[@recycledmotivation]

@@CorporateBillionaire my guy, a $400,000 loan is not as much as you’re thinking. You’re thinking like the 95%. If you can get a 15% down payment on the house and have at least a decent credit score, there should be no problem. Save up for 4 years during college, and then put a $60,000 down payment effortlessly. Live with your parents for a few years, who gives af.

[@ryankane9208]

True, but give the guy credit for having a determined ambition and willing to go the distance. Everyone has to start somewhere and somehow, then from there they can sail however they want.

[@YSFmemories]

more than the money, I'm so jealous of your relationship and how you managed to find such a long lasting relationship at such a young age. That's worth more than all the money in the world.

[@briansgenius]

Our stories are so similar yet so different. We're both 28, raised in FL, moved to Socal for one reason or other (Navy for me), first car was a black Toyota Prius, I aspire to own a Tesla and I swear I drive on Telephone rd every other day. Currently renting in Port Hueneme. I've been dabbling in stonks, which is how I found you in the first place thanks to this group chat, but have always considered real estate AFTER I make it big on Wall st, well now I'm convinced I should reverse those operations. So glad I found your channel!

[@spencerwilton5831]

How much of that $5.5m actually belongs to the bank? Liquidate everything, settle all debts and how much are you worth?

[@MultiVigarista]

Yeap, they are swimming in debt

[@MultiVigarista]

Yeap, they are swimming in debt

[@facundomiranda3391]

Probably 500k hahaha

[@joseph2707]

Very impressive arguments. I never saw buying single-family homes from your perspective, but you are definitely making sense to me!

[@MeetKevin]

Thank you!!

[@MovieGasm]

5.5 Million in debt is nothing i want part of.

[@dawsonsschittcreek5395]

@Sangwoo Park property value goes up? You realize he's in california where there is a mass exodus and property value is declining? "Live with the debt?" Wow you really have NO CLUE what you're talking about do you?

[@ArchaicStigma]

@@dawsonsschittcreek5395 the debts paid via the rents and you generally cashflow above the amount owed. Rents could drop like 30% and people would still be able to make their mortgages on rentals. Renting houses is incredibly lucrative.

[@lucafigueiredo6005]

Debt makes you cash flow dummy

[@matthewmorris5128]

Dawson's Schitt Creek “mass exodus” cmon bud, cali prices will continue to go up they’ve had this before and look at them

[@MattHall1]

With $12 Million in cash-flowing assets, I could deal.

[@msrp]

you are unbelievable... thanks for the inspo !

[@7meekah]

I’ve been telling all my co-works about you. You have all our votes. 😁

[@vinimetal]

So how exactly did you go to Europe if you had no money. I've have never heard of a student with 0 money going to Europe on a "school trip" ?

[@orlandoalessandrini2505]

Daddy's money probably.

[@d3nasvizgaudis191]

I mean i went to Finland, Norway with school trips by programs so it was almost free

[@supermanprime1281]

In Florida we do 😂

[@amynguy]

Yes the daddy factor is very hard to ignore with these young financially independent dudes. With no daddy, you can add 10 years or more to your hustle.

[@ejness]

Those trips are usually sponsored and paid for. Not by his parents. If anything his parents gave him spending money for out there.

[@diegoa3991]

Oh my! How nice to Have made all this so early, I devalued the the power of investing at a young age, it’s securing your future. I’m not much on investing on real estate but just about a year ago I began making good returns from the stock and fx market. I advise younger ones to get about investing early also wisely

[@milepottsman2034]

No doubts nothing is as good as knowing as you grow old you’ve got some millions in the savings all debts cleared. Wise words man

[@jeffereywalsh8950]

I’m curious how you making returns on stocks bro. What’s up?

[@diegoa3991]

@@jeffereywalsh8950 don’t be so alarmed. I’m no pro yet. However I met a pro analyst on a cruise ship about seventeen months ago. We became friends and before the cruise was over he began showing me a thing or two. For over a year now I’ve continued earning profit off the trade market as a result of his guidance. Do get to his box hovikmorte. com

[@raygordonteacheschess5501]

And I advise young people to be good at chess so they can become a champion.

[@mateusrealestate]

Just bought my first property at 19, $300,000. 1960 house that I plan to spend $15,000 once I get that, re appraise and get a HELOC for the next one. Thanks for all the insight, you might be the first KZbinr I get a course from

[@javedchowdhury1845]

Damn I'm 18 and considering to buy a rental property

[@javedchowdhury1845]

@Competition Sports 2019 I have no idea what a heloc is but I'll research it lmao

[@exile9237]

How did you get 300k kid?

[@mateusrealestate]

@@exile9237 I didn't get 300k, I had 35k down payment, saved that working part time in high school and investing in stocks.

[@mateusrealestate]

@Competition Sports 2019 I would still keep 20% equity in my first deal after the HELOC, I won't do it right away, only when I have 35% equity in it after renovate kitchen, washrooms, and changing carpet to laminate in most of the house. House prices are going up 8-12% every year in my city, so adding that to the renovation I should build equity pretty quickly in a couple of years to buy my next one

[@richards5843]

Even after renovation and Profit , your profit can not be exact until your new real estate assessment comes in , because you know it is going up!! I had property and after renovation my property tax went up $10,000.

[@sleepy6392]

Can you make a video on how is it possible to get so many bank loans to buy all these properties ? How and why would a bank still loan you money when you owe and have a brand new mortgage?

[@GrowMasterGeneral]

It's easy. All you gotta do is have a rich daddy. But he probably won't do a video on that. Just a hunch.

[@Stephen7475]

Same here exactly. During my twenties, also in Los Angeles, I was very happy renting a 2 br apt with a swimming pool. Then I got married and my wife pushed me to buy our first 48k overpriced house. To prove her wrong I bought a 4-plex for less in a nicer location for 40k. 4 yrs later i quit my engineering job and have been buying and selling rental real estate forever.

[@jessedavila5993]

Do you believe that your salary as an engineer was a contributing factor, by making good money which in turn would let you invest that said money?

[@tomace664]

Honors classes in Florida are like remedial classes anywhere else. J/K. Good work bro!

[@ctrezzy11]

😂😭😂😂😂😂 for real though.

[@abennett]

Do you also feel you "lucked out" by starting your journey in the year that you did? Have you ever projected how you would have been if you started this journey in 2004 or 2005? So much is luck.

[@MultiVigarista]

Exactly, I wouldn't advice any 20'year old investing like he did at least after the next market crash, index funds (ETFs) and Bonds are way safer right now!

[@MultiVigarista]

Exactly, I wouldn't advice any 20'year old investing like he did at least after the next market crash, index funds (ETFs) and Bonds are way safer right now!

[@MultiVigarista]

Exactly, I wouldn't advice any 20'year old investing like he did at least after the next market crash, index funds (ETFs) and Bonds are way safer right now!

[@MultiVigarista]

Exactly, I wouldn't advice any 20'year old investing like he did at least after the next market crash, index funds (ETFs) and Bonds are way safer right now!

[@MultiVigarista]

Exactly, I wouldn't advice any 20'year old investing like he did at least after the next market crash, index funds (ETFs) and Bonds are way safer right now!

[@LA-fr7fx]

This was really good 👍👍

[@yeseniaagustin]

It’s amazing, my husband and I were waiting on a bid and that did not go through however we were determined to buy our first rental and a day after we were told the deal could not go through we saw a listing go up in one of the best neighborhoods in our area. We made an offer and seller accepted. It was worth it and after a flip we are good!

[@memeteam6236]

Kevin, you should cover the topic of finding the right contractors and permits. That would help a lot. Love the vid

[@andrewshevchuk2062]

This is the one topic that nobody talks about in Real Estate. Everyone just hypes you up and shows you massive profits. I know that buying it right makes it a deal, but renovations can make it a non deal. Currently under contract on a 6 plex. Water in the basement, 20k+ repair

[@FabrizioScardovi]

well but the cash flow is not a target.....and if the price goes up 1% it can also goes down...

[@davidgilbert1509]

Fabrizio Scardovi no risk no reward

[@dr.detailpro7825]

I don’t understand how net worth increases when you are also increasing debt, I am not following the math

[@NotShivekArora]

Say a property is worth 100k, you put in 20k and finance 80k with debt. Now you put in repairs worth 20k more. But now the property is worth 150k instead of 120k( 20+80+20). So now if you sell the property for 150k, you will first repay the 80k debt, and you will be left with 70k, while you only invested 40k, moral, debt did not grow while equity grew exponentially.

[@scarysunburns7733]

It’s not about how much debt, its the amount of equity you have

[@FlowtnWitWalden]

equity increases more than debt. using OPM to grow your equity.

[@jeajea]

@@NotShivekArora so you net $30K, equaling 30% gain. Definitely better than playing stocks but also definitely putting in more work.

[@NotShivekArora]

@@jeajea Yes and No. The numbers I used are random, though close to realistic returns. Definitely impressive returns but stocks have different advantages. Specially in times like this where you can make money even when they're going down.

[@SoulPapiii]

superb video man thats some good success making me wanna get into home buying and such in due time

[@SoulPapiii]

^

[@jeffbrdr]

Congratulations on being in the right place at the right time. The real estate market won't ever appreciate like it did from ~2011 to now again.

[@TheBiscuitFactory]

There’s much to learn from kevin but the moment he said his dad was able to co-sign for him for a HOUSE purchase, I already knew that I was at a huge disadvantage.

[@alexz3268]

That kind of negative attitude is going to cause you to fail

[@TheBiscuitFactory]

Alex z saying that I was at a disadvantage financially has nothing to do with my current state of ambition. Stop judging people based off of a small KZbin comment.

[@adamp9348]

Father-in-law I believe - but you're right that is an advantage. He could've done it himself with a couple years of W2 income under his belt like most people have though.

[@TDUNKS21]

Took honors and AP classes.. did bad because he played runescape

[@erikt3162]

It just shows you why AP classes unless interested hold no merit.

[@Bonanzoo]

He needed to work on that strength and attack xp killing rock crabs.

[@infowazz]

genius

[@calvinraab8798]

Often times seeing the 5.5 million can be daunting but when you break it down step by step it suddenly seems manageable and doable!

[@xxDPKINGxx]

It's daunting because they aren't paid off yet. He probs has $1-2m equity. The most important thing is making sure you aren't paying for tenants to live in there and that the tenants are paying your mortgage. Positive cash flow is just a bonus.

[@amorgod7776]

Originally I discovered your channel because of the stimulus check updates, but I just recently fell down the rabbit hole of your channel and I've fallen in love with it. SUBBED!

[@ecaldwell9]

I just got introduced to you Kevin via Ben Mallah’s site - been watching him for yrs. When are you coming back to Chicago?

[@lynnhoney3267]

I love how you ran a stop sign on camera LOL

[@ShariKaye]

Very engaging... I don’t watch long videos but here I am at the 23:16 mark and counting 😆. Great story and video style! Awesome portfolio! Keep inspiring✨

[@DjBillman]

1:17 In January of 2008 the greatest financial crisis 2020: Hold my Beer

[@GAMarine137]

Power Bill could be a great buying opportunity

[@amynguy]

Unfortunately many folks were ready for the dip this coronavirus crisis, so the dip never happenned

[@idontmakevideossubscribe1503]

Amyn Guy lol which is good, just cause market doesn’t dip after corona virus doesn’t mean sectors and industries didn’t have limitations, good news is only good compared to bad news, we got bad news we are getting better news, asset prices grow

[@Inquiring]

Idontmakevideossubscribe yep

[@DAVIDFERNANDEZ-jx4fb]

thar was very true 4years ago, in 2023 no more, hopefully things get better

[@majorconsultingllc9074]

I can watch your videos all day. Love this guy.

[@meetkevin4010]

Thanks for comments dont forget to hit the subscription 🔘 button *➕①=⑦=③=②=③=⑤=②=③=⑦=⑨=⑦* *W=H=A=T=S=A=P=P.*

[@brandonleesanders]

What camera did you film this episode with? The lighting is... 😚👌🏽

[@jakobbaxter730]

How profitable is cryptocurrency investment right now?

[@gavinibarra5273]

Very profitable sir, bitcoin is the future.

[@coltensantana8273]

yea cryptocurrency yield good and more profits in a favorable market rise while you hold, likewise trading it too.

[@schlauetina3]

I had interest investing in cryptocurrency but i was discouraged by friends and family saying it's scam. I wish i had invested and even learnt trading.

[@pablomcdaniel942]

i am an investor in that space, all i can say is that if you have the resource then get into it

[@ahmadpeters662]

imagine trading with no good returns, heartbreaking right. cryptocurrency is a perfect investment for people that can trade and have understanding on what to buy and sell not me. I need mentorship on that field.

[@petergeramin7195]

6:24 Then how was you're minimum budget $280,000?

[@donnydykes615]

5.5 Million in debt is nothing i want part of.

[@Pistolsmoke24]

Thanks a lot for this video. I love the transparency.

[@SL4US]

Kevin is the Swiss army knife of financial knowledge

[@jackhussain1565]

Plan is to graduate debt free and save up for a 3.5% down payment.

[@theautisticmystictarot631]

Because 3.5% is the amount you need for a house you're going to live in for a certain amount of time, and for most working class average people making barely a living wage, that's faster than trying to save up idk 50-100k? Granted, Kevin and Lauren didn't waste that year they lived in the house, they basically bought a fixer upper and fixed it up, therefore it appraised for more and they got to use the equity for the purchase/down payment of the 2nd house.

[@ЭмилияКрыло́ва-и6ы]

I have been with *VladimirCorp* for only two months and thanks to them I really do not have to depend on anyone anymore , not even my parents , I’ve made enough to get my own house thanks to them.

[@justinechamelle9535]

Oh my gosh this video quality is stunning. What camera and lense are you using?

[@jameycollins725]

I bought my first house on private contract in 2014 for $130K. It just got appraised at $260K. In 2020 I now owe only $64K on it. I do not live in it since it is a rental. I am now hoping to my my parent's house which they bought in 1991 for $35K and is now worth around $800K. It is 5 bedrooms 3 bathrooms.

[@robert549]

Man. Keven, you are real, and crazy smart. I'm getting started with Real Estate late in life but love your passion. Thanks!

[@schoopinprofit]

Budget of 250,000 - 350,000 and you're talkin about "that's all we could really afford" dude gtfoh you had it mad easy

[@insanity6379]

Yeah probably, well all we can do is keep going and work hard as frick

[@schoopinprofit]

@@insanity6379 we got this 💪

[@insanity6379]

@@schoopinprofit Yep bro we have 1 life, why waste it being average?

[@geionwright6304]

250,000 mortgage with 8% down is only 1,000/mo. Stop making excuses for why you can’t do it.

[@schoopinprofit]

@@geionwright6304 I found the whitenight. Not making excuses, dude just acts like he went from rags to riches and he really didn't

[@MrTidx90]

I hate it when people from well-off families say that they started from zero. 😹 You ain't got to lie to kick it Kev

[@TylerRayPittman]

Yeah lmao if he was making minimum wage and not homeless he had mad help

[@adonayh225]

@@TylerRayPittman ya niggas hating he knows his shit

[@blakerich5804]

Sounds like your excuse to sit on your ass and not do shit. “I dIdNt CoMe FrOm MoNeY” every wealthy family started from someone who didn’t come from money. Stop making excuses and do educate yourself

[@H4ram]

@@blakerich5804 He is just saying that kevin didn't start from the bottom alone, which is true. You don't have to be dick about it.

[@gabygrand]

Yup. He had a co-signer and a partner with an income - classic! Advice is still useful but not possible for people without the same advantages

[@michaelterrace8692]

Now I know why rolling through the stop sign is called a "California Stop"

[@kyloren2799]

It's so easy talking fantasy and talk is cheap. I've seen 3 videos already talking about the same thing. Ok I buy an investment property and the property goes up about $50,000 and I decide to pull it out to buy another property..the mortgage for the first house goes up cause you borrow money and what happens if you cant pay it back? Or if you have it rented out and they cant pay it back? You stuck. Anytime you refinance and pull equity to buy another house you need to pay that loan back. But I dont see you talking about that. It's called the cons.

[@aprilsmith9418]

I love meetkevin - and I loooove seeing this story!!

[@Matthew-dw5cc]

Thank you so much for not sitting in a room talking to your camera for 30 minutes. This is a nice change of pace from other youtubers

[@WATCHAL3X]

Kevin, if you want to blow up on youtube.. You need to stop with the constant push to buy your Real Estate Course. It makes you look scammy! If people want to buy your course, they can find it in the description. The way you pitch your course comes off as disingenuous. I love your videos and personality but when it comes to the constant push of your course, it really turns me off from your videos. Just my opinion anyway.

[@vedantgupta9092]

Hello sir i am a 16 year old I have already started investing in blue chip stocks and I have a very ambitious plan of amassing a 50 million dollars real estate portfolio

[@aqw63143]

Hey Kevin ! you probably won't see this but I've been watching a bunch of your videos. Im a senior in college I was premed and ive decided that it wasn't a life I wanted. So now im graduating this summer and taking my real estate exam. Im hoping to go into real estate but my parents don't know it. Idk if anyone else is in the same boat as me but I have about 150K in student loans and my parents are going to kill me. I just want to say your videos are super helpful and ive learned a lot from you.

[@shonakevin5002]

You honestly can do something from now.

[@shonakevin5002]

‪+1> (4>0>9>) 2>0>3>‑ 2>6>6>5‬>

[@shonakevin5002]

Leave a message and say I referred you

[@shonakevin5002]

Must be W>>H>>A>>T>>S>>A>>P>>P.

[@josephhsu3221]

Congratulations on 1M subs. Yesterday you had 997K subs

[@element1935]

Omg i played counter strike too when i was young! Love u kevin! Entertaining and funny

[@MeetKevin]

Heck yeah!

[@healthwealth4791]

If I had free time I’d still be C.S. Best game of all time no doubt Kevin I live in Costa Rica I enjoy your work thanks

[@jackfordmac]

Maximum respect Kevin from England. 30 min video. That’s dedication to the fans. Thank you

[@WrittenInFilm]

It seems like the money is made knowing the ins and outs of the contract labor costs and what needs to be done on the house, im 22 and just bought my first house and qualify for another $500k but am afraid to risk using it

[@johnwayne2103]

Always be careful taking on more risk especially if you are barely covering your payments on your first house. I would be referring to the movie or even better the book on the big short. We are due for a market crash and we are way beyond the correction point. Every 10 years there is a market crash. If you take on additional risk and the market crashes and affects your renters who is going to cover the additional mortgage? Kevin has multiple streams of income coming in from his multiple homes. Just be careful and always invest your time before you invest your money.

[@alexbob5209]

How did you got the deal ?

[@WrittenInFilm]

@@alexbob5209 how did i get my house? Or how do i have another 500k of prequalification? I own a software business and have 3 years of my tax returns that show each year making more than the last and my after taxes income was above $150k which allowed me to get my first home for 300k and can still borrow about 500k more

[@kiput3647]

be afraid, be very afraid, nothing he saying is realistic for a 9-5er, this is his life and his wife,father,parents in law are all in RE, dont get misconstrued, you are watching a very good salesman in play who fotunatly began all this RIGHT after the recession and has surfed the beautiful low interest rate wave till now, market will inevitably correct, most will lose everything but this is Americuh, get it how u live!

[@eliot5220]

In the Midwest the same invested would be worth triple or more. 600,000 gets you 12 units and about 12,000 monthly income not 2000 or 3000/ month to rent one house. Investing in California is a slow risky deal . I don’t get it constantly relying on appreciation it doesn’t work when the bubble comes. When the values go down 50% which they will you lose half million times each house. These houses are not worth what people are paying for them. All inflated.

[@林佑賢-k5e]

I am your fan, I will always support you

[@wender_tatu]

here I am 27 years old watching this video while playing runescape lmao! great video sir!

[@offshore8874]

trading as we know it requires lots of practice, In crypto traders either make or loss their life savings in couple of minutes.

[@investorharrytrading743]

another reason I decided to stick with Fiat and Stocks trades only. My doubts on these alt-coins are backed with substantial reason.

[@claystonetradingonline5127]

Most people don't do research or don't do it properly, My research led me to Ms. Catelyn Norris, a professional broker who offers a way to understand the crypto market.

[@jeannerobertson4381]

@@claystonetradingonline5127 honestly this won't be the first time am coming across Ms. Catelyn, seems her reputation precedes her.

[@alveriobenjame286]

I just received my ROI into my wallet through one of her platforms and I am pretty impressed by her strategies there are just unique, am not gonna to say much, Its healthy to take risk especially when in pursuit of success.

[@investorharrytrading743]

@@claystonetradingonline5127 Is there a link to her platform or how can I get in contact with her? I’d love to diversify and try out new investments the ALT coin market

[@KingVonAllegra]

Co-signed by father....eureka, something there I knew where help from another had to be an intervening element to your overall success. Wish I had a “co-signer”.....thanks for sharing your story

[@cameronrickard5658]

I think making money is a language everyone understands. It's either you're buying or selling something but increasing your figures is just a necessity, for me I'm deep into stocks, crypto and fx it's where I survive from. The ability to make $24k - $29k a month on good stocks is just amazing. Kudos noud

[@paulholliday]

Super thanks for the inspiring video! Are there any coursera finance courses you’d recommend Kevin?

[@user-xf9zn2cd8w]

Good