Great video! A deeper dive in Wholesaling would be a good video. Wholesaling without a license, in particular, would be good to learn.
@CoachChadCarson3 жыл бұрын
Good idea. Thanks you for the recommendation.
@Michael-ku2ey2 жыл бұрын
Hey Coach - thanks for the tips and cheat sheet. I'd love a deeper dive into direct mail and how to determine what's a fair offer (that's likely to be accepted), for an off market property. Thanks!
@CoachChadCarson2 жыл бұрын
Thanks for watching, Michael! Great ideas for future videos. I've added both to my spreadsheet of topics for videos. Thank you for the ideas!
@archerc48282 жыл бұрын
I will soon begin. I've identified several multi family units. Also, I'm planning on putting down 50% cash on the exchange. Financing the difference. Can you advise further?
@homelessrealestateinvesting3 жыл бұрын
great stuff Chad!
@CoachChadCarson3 жыл бұрын
Thanks Tony! Good to hear from you.
@rolandz16003 жыл бұрын
always enjoy your common sense comments! Thank you Chad
@CoachChadCarson3 жыл бұрын
I appreciate that, Roland! Good to hear from you.
@ballkyle3 жыл бұрын
Great video. Thanks as always Chad!
@CoachChadCarson3 жыл бұрын
Thanks for watching, Kyle! Good to hear from you.
@lagansam62263 жыл бұрын
Good as always Mr. Coach 👏
@CoachChadCarson3 жыл бұрын
I appreciate it Lagan! Thank you for watching. 🙌
@mauricioramirez28133 жыл бұрын
Great video! Thanks
@CoachChadCarson3 жыл бұрын
Glad you liked it! thanks for watching.
@seanmckay91943 жыл бұрын
Thanks Coach! Do you take into account what the current trend in marketing looks like to figure out how to position yourself? For example, I tend to be hesitant to do direct mail when it is the season for a lot of investors sending out those pieces of mail. Is that overthinking it?
@CoachChadCarson3 жыл бұрын
Good question. I think we do all have to consider what's oversaturated and try to be different. With direct mail, I think the best competitive advantage we have is being a unique person (not a corporation). If we can tell stories, share a picture, and just show we're a real human being - we're likely to separate ourselves. And even the big buyers spending thousands of dollars every month have a hard time being as personal as you sending a handwritten note to a few properties you find driving for dollars. Direct mail is a tough game - especially the bigger you get and more you try to scale it.
@seanmckay91943 жыл бұрын
Great stuff Coach. Thanks for the perspective.
@djgainsbond3 жыл бұрын
Good webinar last night
@CoachChadCarson3 жыл бұрын
Glad you could make it DJ!
@deusvultindonesia9943 жыл бұрын
Coach, is that true in US the capital needed to buy a house is only 20% to 30% down payment? How about the next mortage payment? Are Bankers don't check the lenders job/business/other income to pay the loan? I'm from Indonesia, here on top of DP (similar 20%), but bankers not allow to give a loan if I don't have jobs/business to pay my mortage.
@ZMan-xr5fz3 жыл бұрын
It depends on your debt to income ratio as well as some other factors
@CoachChadCarson3 жыл бұрын
Hi Tirta, a down payment of 20-30% is typical, but most bankers do ALSO check additional criteria like your credit rating (a report that shows how well you pay other people/banks), your job history, your income, and your debts. So, a down payment alone isn't enough with residential investment mortgages. As you get into much larger loans - like $1 million+ with commercial properties, it is possible to get loans where the property itself is the main thing that's important. Your job/income isn't required.