From 3 Units to 300 Using This Simple Off-Market Strategy

  Рет қаралды 31,905

BiggerPockets

BiggerPockets

Күн бұрын

Пікірлер: 49
@MultifamilyNinja
@MultifamilyNinja 2 жыл бұрын
Axel is the REAL deal! And he’s only getting started. 🔥 Fantastic interview and cannot WAIT for the next one!
@MarioRuscovici
@MarioRuscovici 2 жыл бұрын
Love the method from roughly 21:30 to 26:00!!! This one method alone will dramatically & positively impact my real estate investing.
@amberreneeco.7412
@amberreneeco.7412 2 жыл бұрын
Wow..... Finally... No fluff, all real talk info!!!
@MarioRuscovici
@MarioRuscovici 2 жыл бұрын
Method is clear (if covered quickly); very easy to implement with the "skip tracing software" (which is easy to find); and thanks for the commentary elucidating that method, from roughly 25:00 to 26:00. great!!!
@RidleyE
@RidleyE 2 жыл бұрын
Thanks BP for this great interview. I really like how the hosts encourage the guests to break down terms like portfolio deal and seller concessions to make sure everyone is on the same page. Axel thank you for sharing your experience, you dropped some serious knowledge and encouragement on us here. Wish you continued success!
@PsalmsPoetic
@PsalmsPoetic 2 жыл бұрын
This show was perfect. Thank you.
@BITULTRA101
@BITULTRA101 2 жыл бұрын
Great episode! This guy was great with giving us start to finish with how he started out.
@karanwalia9391
@karanwalia9391 2 жыл бұрын
You can drive the seller credit, however, the property tax will be calculated on the purchase value so be ready to shell up to 2% each year on the uplift value. As the county assessor in the majority cases will go will purchase value to base there property tax on
@shawnwangzhu
@shawnwangzhu 2 жыл бұрын
Great interview, he is so young and motivated.
@NickSellsMonmouth
@NickSellsMonmouth Жыл бұрын
Amazing podcast. Thank you!
@MarioRuscovici
@MarioRuscovici 2 жыл бұрын
Not yet clear on the "seller credit" method. Maybe the hosts can follow up with a video with a numerical example or two. thank you all again (P.S. second episode? wow! can't wait!)
@KammiLutz
@KammiLutz 2 жыл бұрын
I'm thinking the same thing. I'm hoping they do a deeper dive in episode 2.
@GMR.44
@GMR.44 2 жыл бұрын
28:50 Traditional financing vs creative financing with seller credits
@sergiolescano1709
@sergiolescano1709 2 жыл бұрын
When the 2nd episode will be available? It is very interesting to see different creative structures of making a deal in Real State.
@BuildingWealthWithRealEstate
@BuildingWealthWithRealEstate 2 жыл бұрын
Axel's second episode is premiering this afternoon!
@sergiolescano1709
@sergiolescano1709 2 жыл бұрын
@@BuildingWealthWithRealEstate Thanks, Chris!
@MarioRuscovici
@MarioRuscovici 2 жыл бұрын
very educational & inspirational. I am going to watch this agan!
@MarioRuscovici
@MarioRuscovici 2 жыл бұрын
again
@brandoncombs8962
@brandoncombs8962 2 жыл бұрын
Where can I find literature about the creative financing that was described in the video? Books, articles, posts, etc. Thanks.
@josephwisniewski7559
@josephwisniewski7559 2 жыл бұрын
Are you still able to get the cash back through seller credits? I’m working on a residential deal in Michigan with a conventional loan and my agent said I can only ask for 2% of purchase price in seller credits. Is this only with a commercial loan?
@AleksandarPopivoda
@AleksandarPopivoda 2 жыл бұрын
No. As Axel said - this is only when you work with some private lenders and bridge loans. Not with conventional loans.
@justinbradley566
@justinbradley566 2 жыл бұрын
Still brand new to educating myself on Real Estate but this was probs the most helpful podcast episode I've listened to. I like how you guys and the guest covered the early days through right now and what that path looked like, as it helps put things into perspective (and makes things less overwhelming) if you're still trying to learn the basics like me. Would love to see another interview with this guest at some point later down the line
@realestatenate2878
@realestatenate2878 2 жыл бұрын
Where is episode 2?
@BuildingWealthWithRealEstate
@BuildingWealthWithRealEstate 2 жыл бұрын
Premiering this afternoon!
@bldfinancial
@bldfinancial 2 жыл бұрын
Another great episode
@zombiestory6353
@zombiestory6353 2 жыл бұрын
I'm a multi-millionaire and I'm really into this stuff but people better understand that you have to have Deep Pockets or really good technical skills to make this work you need the money to buy an electrician or a plumber or you have to be an electrician or a plumber
@Woodshadow
@Woodshadow 2 жыл бұрын
When you were sending emails and letters to owners and you saw an attorney as the registered owner were you still sending out the email or did you skip?
@yaswanthreddy
@yaswanthreddy 2 жыл бұрын
Great content 👌
@Jaysterix
@Jaysterix 2 жыл бұрын
love these shows
@axelragnarsson7517
@axelragnarsson7517 2 жыл бұрын
Thank you!
@trishagraham1787
@trishagraham1787 2 жыл бұрын
Could I be referred to your hard money lender?
@tdriggs8238
@tdriggs8238 Жыл бұрын
What’s his name ?
@ericguy4611
@ericguy4611 2 жыл бұрын
I am still completely confused about the seller credit but it sounds extremely lucrative
@onijunbei
@onijunbei 2 жыл бұрын
it reduces the down payment, aka, out of pocket expense
@businesscentral8403
@businesscentral8403 2 жыл бұрын
My last deal blew up on closing day trying to do seller financing. I was working with a broker, that was pretending like they were the actual lender (found out later). I was up front with the fake lender about the seller financing agreement and fake lender told me no problem. Closing day comes, the real lender sees the details and refused to fund. Wasted a bunch of my time and money.
@AleksandarPopivoda
@AleksandarPopivoda 2 жыл бұрын
Why did you need a lender if you were using a seller financing? Unless you wanted your lender to be in the second position. That's mission impossible.
@businesscentral8403
@businesscentral8403 2 жыл бұрын
@@AleksandarPopivoda the same scenario described in the video. Seller was financing part of my down payment and was taking second position. Could've done it with separate documentation and achieved the same results. Again, the so called "lender" was cool with it when I told her. Not impossible, could've easily been done.
@OrlandoMiner
@OrlandoMiner 2 жыл бұрын
Great podcast!
@axelragnarsson7517
@axelragnarsson7517 2 жыл бұрын
Thank you!
@fern8580
@fern8580 2 жыл бұрын
9:53 📌🌟 Chris Lopez , could you invite please ,some "developers" of duplexes and triplexes? (new constructions), and talk about the prices of "turnkey" construction, Best regards !
@AK-rza
@AK-rza 2 жыл бұрын
Is seller credit "net equal" for the seller? I don't believe so. Won't they will be taxed as gain in that additional sales price of $40k?
@ShusterComputer
@ShusterComputer 2 жыл бұрын
It is net equal, the seller will not be taxed on it due to reporting the $40k on taxes as an expense or the IRS views such a seller payment as a reduction in the net gain of the home.
@DavidNovaa
@DavidNovaa 2 жыл бұрын
He seems to be skipping past the details and not diving deep into the specifics. Just kinda scrolling through it
@Kyle-cv3de
@Kyle-cv3de 2 жыл бұрын
I'm sour that brandon is gone.
@smoofwah3552
@smoofwah3552 2 жыл бұрын
increase the loan amount for cash back and less out of pocket 0.0
@QB-ul5lq
@QB-ul5lq 2 жыл бұрын
🎯
@thebballboi1310
@thebballboi1310 2 жыл бұрын
Why are there so many words blanked out
The Guide to Massive Profits Through Small Multifamily Investing
1:23:29
How to Invest in Real Estate (Beginner's Guide)
1:43:39
BiggerPockets
Рет қаралды 477 М.
So Cute 🥰 who is better?
00:15
dednahype
Рет қаралды 18 МЛН
Cat mode and a glass of water #family #humor #fun
00:22
Kotiki_Z
Рет қаралды 18 МЛН
Don’t Choose The Wrong Box 😱
00:41
Topper Guild
Рет қаралды 54 МЛН
Adam Parker’s Thoughts on Pharma: Poised to Outperform the Market in 2025?
1:18:19
Ethan Kurzweil on Venture Investing in the Post-ZIRP, AI Era | Odd Lots
46:39
The 6 Steps to (Almost) Perfect Multifamily Underwriting
1:19:45
BiggerPockets
Рет қаралды 49 М.
300 Doors ALL Through Creative Financing w/ Pace Morby
1:16:53
BiggerPockets
Рет қаралды 366 М.
Become a (Small) Multifamily Millionaire in 7 Steps
1:30:26
BiggerPockets
Рет қаралды 237 М.
The BRRRR Method for Beginners (FULL BRRRR Deal Walkthrough)
1:32:42
BiggerPockets
Рет қаралды 269 М.
From Surviving on $30 Per Day to 30+ Rental Properties
54:19
BiggerPockets
Рет қаралды 17 М.
How To Avoid Taxes (Legally) as a Real Estate Investor
1:28:39
BiggerPockets
Рет қаралды 465 М.
How to Buy Your First Rental Property (In 90 Days or Less!)
1:14:57
BiggerPockets
Рет қаралды 311 М.