How to Invest in Real Estate with $10K in 2023

[@ashleighncube8637]

This is the best and most honest podcast I have found. Thank you so much.. I learnt a lot

[@matheuspinto118]

The effects of the downturn are beginning to sink in. People are being impacted by the long-term decline in property prices and the housing market. I recently sold my house in the Sacramento area, and I want to invest my lump-sum profit in the stock market before prices start to rise again. Is now the right moment to buy or not?

[@Tomtownsend485]

If you are new to the market, I recommend seeking professional assistance. The most effective approach to creating a well-organized portfolio is to begin with a professional who is knowledgeable about the turbulent yet profitable market.

[@elliot985]

Very true , I diversified my $400K portfolio across multiple market with the aid of an investment advisor, I have been able to generate over $900k in net profit across high dividend yield stocks, ETF and bonds in few months.

[@robertosaviano215]

@@elliot985 Please can you leave the info of your investment advisor here? I’m in dire need for one.

[@elliot985]

You can do your research and be on the lookout for one with intelligent strategies who'll help your portfolio maintain an unwavering and a progressive growth. Laura Marie Ray is my FA. She has the Flexibility & Expertise to Meet Your Needs. Verify her yourself

[@Zanrowe795]

@@elliot985 Thank you for this amazing tip. I just looked the name up, wrote her explaining my financial market goals

[@sasukesuite1]

$10k absolutely is nowhere near enough money to start investing in real estate, unless you're buying a $10k house in Detroit. You just posted a video yesterday of somebody who is losing money on a rental property and blamed them for not having enough in reserves/making poor judgements. Stop lying to people and tell then the truth about having reserves so they don't bankrupt themselves from your copium idealized scenarios. Real life has vacancies and price swings. You're not going to do anything to help the people $100k underwater in equity and can't find tenants. "Oh well you should have saved up enough to hold on long term" is all you crooks will say.

[@ryanmatze]

Open an LLC -> Get a line of credit -> Buy real estate. Use other people's money (OPM) to speed up the process

[@folkbigtig008]

Love this. Share some of the concerns and risks though

[@bronson448]

Building credit under your LLC’s EIN #, when it’s completely detached from you personally doesn’t happen overnight…

[@ryanmatze]

@@bronson448 that's a fair point, but your line of credit could get you off the ground with a few of the strategies in this video pretty quickly.

[@ryanmatze]

@@folkbigtig008 with many things, it depends. For this it depends on which strategy you choose. Did you have something in mind?

[@David-tv3mg]

What do you mean use other people’s money. What are a few examples of how that is done?

[@vitalitymessage4407]

l went from $0 in July 2020 to my first 100k in about two years - summer 2022. Im a debt free truck driver so I was abIe to chunk most of my net income onto my 401k, roth ira & my taxabIe acct. As of today I'm aIready up to 132k. MathematicaIIy I should be between 150 & 160 now of not for the brutal 2022. I already see it speeding up

[@shuanhartill]

DAMN!!! This is inspiring

[@shuanhartill]

Great job!!!

[@jimmyfisher2256]

How did you do that, I make 115,000K and I feel like that is more that 70% of all long haul truckers and to save up a 100K in 2 years? I have rent which is high but I live frugal and I don't see saving 50K in 12 months that's 4,200K a month, any tips?

[@sarahcardonaa9112]

perhaps it comes down to the investments he made during that point in time? just a guess

[@LindaGiovanna-qe3vg]

hi quick question i’m from europe so we have different systems; what exactly are those things you’ve mentioned?

[@unknown4554]

I bought a house with a Va loan. I covered my closing costs. I bought my interest rate. It’s a 3 bedroom 3 bathroom home newly remodeled. I got 3 roommates that pay me rent. I converted my living room into a private bedroom. I talked with my lender and in a couple months I’m going to rent out this home, and buy another home. Rinse and repeat.

[@D2DaC]

How do you get the money to purchase the second property ?

[@unknown4554]

Well I still have remaining entitlement with a Va loan I don’t need a down payment. I just need to cover closing costs but you’d be surprised the amount of people who are looking to rent out a room. My mortgage is pretty much covered by roommates so a lot of my income I have left over

[@D2DaC]

@@unknown4554 for someone who does not have a va loan,what advice do you have to on getting the money for the second property?and nice I wish you luck

[@jpolweny]

@unknown4554 love your strategy! Were you able to get that second property? What is your strategy to deal with interest rates that have doubled since your last?

[@johndeereMe]

Future episode request: I like the idea of hearing more stories of side hustles that earned extra start up cash.

[@lizaalbacite4077]

I work 2 jobs, 71 hour a week, and on my day off, I do photography. But I am ambitious and I know working hard as an employee won't get me further in life. I like my jobs but I wanna be able to slow down and enjoy life sometimes. This will help a lot. It's now 3:33am while typing this. That's how much time I've spent trying to look for the right videos that will guide me to my plan of doing Airbnb.. Thank you so much for this. ❤

[@smithjl3628]

Painting is also really easy to get into and pays well. If you have the right tools your price/hour is pretty good. Often $50-100 an hour if you’re fast and do good work. It’s a great side hustle

[@David-bb4yv]

They called me a bottom feeder. I bought condos in 1995-2005 for $9,000-$25,000. I still have some of them, they are worth $150,000. All of the units are in good neighborhoods. I bought condos in Ohio for $12,000-$30,000. They are now worth $45,000-$51,000.

[@boomnailedit1609]

How did you find the condos? What made you pick that area that you invested in?

[@pattersonellen]

Wby is Ohio so cheap?

[@lorenazaragoza6411]

That’s ok…bottom feeders ALWAYS eat!

[@jpolweny]

@David-bb4yv What's your exit, or do you hold for the appreciation LT?

[@danielconner5476]

On my way to real estate with couch flipping. Doing it with a friend but 1st month we hit 4K in net profits. 2nd month, we are on track for over 8K in net profit. We both work full time jobs but this side hustle is changing our lives.

[@anthonyvogt3259]

Couch flipping?

[@Jerry-zq4bf]

I know it’s possible just through Facebook, offer up, Craigslist. Would there be any other sites that are good for finding couches?

[@romi929]

4-8k!! / month That’s like a full time income rather then a side hassle 😳 What is this coach flipping thing ? I never heard of it

[@danielconner5476]

@@anthonyvogt3259 yes. Couch flipping. Look it up

[@danielconner5476]

@@romi929 I know lol! It’s not consistent though unless you put all your time and effort into it. Couch flipping works though. Just type it into KZbin

[@JG-zt3cg]

These older episodes of BP are gold. No fluff, no theatrics, just good old knowledge and common sense.

[@christyrucker2479]

How do you find a good mastermind though. I feel like people have done one deal and then want to start a mastermind just to make money. Everyone wants to be a guru and it’s hard for someone who is new to tell who is legit and who isn’t.

[@bestbuyushomes]

I like all your videos but this sorry. The Title says how to invest 10K in RE, but instead it's how to make 10k to invest in RE. It's click bait, I thought you were going to tell me how I can $10K and buy RE.

[@MelissaLanvin]

Thanks for this comment cause I do not need to watch the fake video now

[@lionheartkevin7]

How about you watch the entire video before commenting something that’s inaccurate. I just watched the entire video and they absolutely discussed many different ways to invest $10k in real estate. At the beginning of the video they addressed some different ways to get $10k for people who didn’t have the money

[@DexterBoyz1984]

I just bought my third house in the last year for less than $10k out of pocket.

[@DexterBoyz1984]

@@lionheartkevin7agreed. People are short sighted

[@bestbuyushomes]

@@DexterBoyz1984 where?

[@Andrew-Paulo]

A lot of great points here. My wife and I own 8 units in Chicago and I agree with most of this

[@Jaungg-j6v]

great video I am currently studying real estate while I am saving and investing in stocks I am just 20 and want to retire by 40 if possible.

[@dylandefronzo916]

“How to get $10k” should have been a different video.

[@lorenazaragoza6411]

I own my home but have a mortgage , living on my single income and this is what I’m doing to save money to invest-I put my master bedroom and bath up on furnished finder and getting $1,000 per month and getting quality tenants. I invested in a smart lock for the front door, I paid a contractor $1,200 to install a door leading into my dining room which is now my room! That’s one way. I am also expanding and converting my garage into a 700 sq ft adu and will most likely list it on furnished finder for about $2200. My car doesn’t need the garage to be it’s bedroom when I can utilize the sq footage and turn it into livable space. What ideas have you come up with using your resources? Thanks for sharing!

[@th7642]

What area do you live in? I’m just interested in knowing what areas are good to rent to travel nurses

[@MrMonsterrally]

How is the parking situation with all your tenants?

[@bmodllc]

Thank you for sharing your situation. I'm being telling my family and close friends about this. How powerful hack housing is. I'm doing the same as you I'm almost have my house full paid in 6 years while I'm investing. Being poor is not an option is a choice.

[@lorenazaragoza6411]

Parking is not an issue, my drive way accommodates 4 cars ( for me and my 2 daughters) and plenty of street parking for the tenants. Not many rentals in my neighborhood so plenty of parking. I am in the Central Valley in California . Good luck everyone on your real estate journey. I’m taking my real estate license test next month!

[@romi929]

@@lorenazaragoza6411 outstanding!!!😍👍

[@chetleonard169]

IF you partner up, plan out how you might be dissolving the partnership first thing. It will take loads of pressure off and make things easier throughout. Spoken from experience.

[@AfricaCook-MLO]

Can confirm... unfortunately! 😅 Choose ahead to keep what you can (including assets & rights) instead of "dissolving" everything into thin air, business-wise.

[@RawlCampbell-m7h]

I’m doing what David did by maximizing what l already do and working overtime and getting paid time and a half. I’m on track to have $10k saved in five months. It’s nice to hear you guys say this because l see I’m on the right track.

[@jdonez8347]

Housing market has me feeling suicidal. FML 😂smdh

[@doordiariesre]

I appreciate how informative and well-researched this video was. It's clear that you put a lot of time and effort into your content.

[@tesfahuntafere681]

Why you guys fooling people how come you invest with ten thousand dollars no way

[@josephcline3652]

The problem with having just $10k is that if the market in your area is really hot then you're just kinda fucked. I would need $100k to invest in real estate in my area.

[@Robertgriffinne]

Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 200k just in a matter of weeks/couple months, so I think there are alot of wealth transfer in this downtime if you know where to look.

[@Alejandracamacho357]

Since the crash, I've been in the red. I’m playing the long term game, so I'm not too worried but Jim Cramer mentioned there are still a lot of great opportunities, though stocks has been down a lot. I also heard news of a guy that made $250k from around $100k since the crash and I would really look to know how to go about this.

[@PhilipMurray251]

it all depends on how long you're willing to hold for and your strategies, stocks might likely tank further, but making serious gains in this downtrend shouldn't be a problem if you're a pro.

[@OmniCloud987]

Trying to do the house hack myself but it’s so expensive here in NJ…I’m wondering should I start a real estate LLC to use some start up funding for closing/downpayment and first year maintenance?

[@AfricaCook-MLO]

I certainly recommend starting your LLC ASAP if that's something you plan to do. It'll open up your lending options, applying as an investor (even on your first property) through your business, but you'll often still need to bring cash to close some pretty sweet deals.

[@ryanyee7792]

Love how the hosts respectfully brought up the cons of each strategy.

[@2011mixed]

Exactly how much I have saved, So I'm super excited thanks!

[@sandeshburada1]

Same!

[@foresightproperties]

Hey Brandon, If you're in need of transactional funding for your real estate transactions, including EMD funding, we can help. Reach out to us to find out more about our options.

[@district5198]

Investment real estate should be banned! Your part of the problem not the solution.

[@dakymbiahughey2193]

Great info… There is 1 down side to education though. NOT USING IT. I’ve learned that it’s 1 thing to learn/ know something & it’s a whole different thing to actually apply it, create/execute/ implement strategy. That’s where I currently am 😮‍💨

[@BigClaudeGaming]

Same here. I understand the process but actually putting it into motion is what’s stopping me.

[@ourremedies8694]

I agree with you 100%

[@agentsliftingagents]

This is one of my favorite episodes so far. Very helpful to share all different ways to get started but also sharing the honest negatives to be aware of. We learned all these the hard way and I appreciate you sharing these ideas with the next generation 👍

[@therilwan8448]

Great show! That's how I kinda' of started also with about $10k buying from property tax sales.

[@euphoriarealtygroup]

Honestly for 10k start fund. I don’t think you can do much other than rent arbitrage. One single bump in the business your hard earned money is gone. Do not use 100% financing, that’s how you get bankruptcy. Just keep saving and when you have enough down payment, get a decent property and go from there

[@TJ-th9hw]

This was a very practical episode with great information. Thanks Gents!

[@MichaelPithium89]

Moral of the story keep grinding and save more than 10k lol

[@dannyg1444]

Plz do the side hustle series because I need some trustworthy no BS videos on this I can watch. Everytime I try to find side hustle videos it's always the same trendy bs that takes massive luck and time to get the money rolling and it's not even worth it with a full time career (military for example)

[@TropicTrdr]

Glamping or travel trailers is subject to local zoning. All you need is a neighbor calling Code Enforcement on you. I like the idea of investing in cheaper markets and paying off the house. I've travelled a lot so I know a few areas well but doing it Cold Turkey can be risky.

[@dawhike]

Cheap markets are best for fix/flips or owner financing. Arbitrage is risky if there's an insurance claim. Co will deny claims for commercial use of residential props.

[@davecros4887]

Yeah, investing in real estate when prices are at an all time high and starting to fall from peak is a wonderful idea. Buy high and sell low and get wiped out. Or, be trapped in your house for 20 years waiting for prices to come back up after they fall. Snap out of it or get wiped out.

[@jeannettewhite3682]

I'm just taking notes until my disability comes through. They already owe me a couple years of change 👁️

[@stickjr.3715]

I have 60k in equity. Can someone please help me jump of the fence post. Please and thank you for your hard work.

[@tz8565]

Not buying property until real estate market comes down. Inflation high too. I buy stocks instead.

[@rumbletumblestumble]

how is painting and flooring a 50k house just as much as a 1000k house?

[@MaiyaBG]

In the middle of a MTR house hack now and totally agree with the balance between comfort and profit. You must be able to pay the mortgage on your own first, then find a tenant situation that you are comfortable with.

[@bbqworld2103]

How do you find and review good tenants? I’m saving up to invest in a house to do MTR or LTR. Thanks

[@thefrankperspective4247]

Short term rental arbitrage point everyone misses: INSURANCE EXCLUSIONS. If you are Airbnb-ing a rental property, and the rental property doesn't have a short term rental endorsement, the insurance company can deny anything and everything in the name of material misrepresentation and omission. Same thing with Uber/Lyft/Doordash being unendorsed on auto. It's not that they won't cover the Airbnb or the Lyft, but they reserve the right to deny EVERYTHING, as the insurance on a personal lines ISO form expressly prohibits commercial activity, except by endorsement.

[@AfricaCook-MLO]

💯

[@onwugharablessing8264]

A true invested stays in the market long term and does not panic. I never panic in 2008, and bought the best deal in Real Estate- a house at 5.5% at $50,000 that now is valued at $185 K

[@boseayoade3072]

Very big con and that is why i have always maintained that people should never have their money in the bank! Get a financial advisor and even make so much more while saving!

[@Mathew-bp5bm]

Very true , I diversified my $400K portfolio across multiple market with the aid of an investment advisor, I have been able to generate over $900k in net profit across high dividend yield stocks, ETF and bonds in few months

[@donwhizz7880]

we’re only just an information away from amassing wealth, I know a lot of folks that made fortunes from the Dotcom crash as well as the 08’ crash and I’ve been looking into similar opportunities in this present market, could this coach that guides yo help?

[@autismo1969]

I liked Rob's strategy the best. Thanks a lot for this amazing idea brother🥰🥰

[@stefanesculiviu5230]

Guys good stuff but I believe you forgot a very good strategy. From my knowledge if you're a 1st time buyer you can buy up to 4 units,(live in 1 and rent 3)with 3.5% down-payment or less. The gov have a program to give you the 3.5% if you qualify. I don't know if is available in all states. Also depends on your credit score.I bought my house in this way back in 2018.I bought a 350k house with 6k out of my pocket(included everything:fees,inspection,appraisal, 4k down to hold the house for 4 months).Now the market is a different but I'm sure you can find this kind of deal. Good luck to everyone.

[@cristiansilva3392]

This is house hacking strategy, but as a first buyer.

[@stefanesculiviu5230]

@Cristian Silva You can turn in a strategy if you're doing over and over for a couple of years . Let's say at 21 you buy 1st 4 plex. Repeat the process for 5 more years. You have to move every year, but at 26, you have 5 properties (20 doors). All with the minimum down-payment and if the law doesn't change. Cash out refinance is another story

[@publicproclaimer9724]

Side hustle is selling rare theology books

[@peterzeller5736]

The quality of David's Audio in what looks like an empty hallway is phenomenal

[@AlekseyWeyman]

I like the idea of an episode featuring folks that have side hustles making $10k. I made the downpayment for my condo solely from a side business I started

[@skinnynoodles8777]

What side hustle did you start if I may ask

[@AlekseyWeyman]

@@skinnynoodles8777 first it was a blog / website that made $5k/month then it was my lead generation business!

[@jfarrar231]

Onlyfans

[@Molly-e1x]

So basically my life would get harder and more work if i get into real estate

[@miamiboating]

Great content on your channel! I was given a link to your channel by a millionaire friend of mine, he said you had great content and wasn't kidding! Please keep it coming!

[@bryantgambrell8209]

“Does ANYONE” have interest in ground-up construction 4-plex apartment buildings with essentially 100% plus financing and closing costs covered?

[@yhibh1606]

Info please

[@bryantgambrell8209]

@yhibh1606 Hello . Thanks for reaching out to me. We're doing multifamily in Texas, and this model is unlike anything you've ever seen. In a nutshell 10k=28 doors. I can show you via a Microsoft Teams meeting in which I share a 10-minute video that explains it in more detail. When are you available?

[@richardspenard2663]

In light of the impending recession and the fact that inflation is still far higher than the Fed's 2% target, several of the most prominent market analysts have been expressing their views on how terrible they believe the next downturn will be and how far stocks may have to fall. I need advice on what investments to make because I'm attempting to create a portfolio for my children that will at least be $850k in value

[@kirav2536]

Thank you for your video. I wish you would teach people who do this kind of deals is to respect the area where they doing business in and respect the neighborhood. You guys take the trees down, because you don’t want to spend money trimming in. It is adds to more noise in the area plus less shading. Also personally I will not agree to have rnb next to my house. I would complain to the municipality.

[@DonesdeMotivacion]

Rental arbitrage, bad advise, don’t do that

[@nbgvfcmnbh6226]

Louisiana, Mississippi, and Missouri...with the crime rate so high in each of those areas it is not surprising that they are selling the houses so cheap. Please be careful and research the area that your bidding property in.

[@JennySimonArt]

The only thing for renting out a property to Airbnb you need to pay hotel tax if you rent out less than 30 days. And what about the other people that are renting if it's a multifamily? They wouldn't want to see people coming and out of their neighbor's door

[@ml-mw7ms]

REITS is easiest and less headache and you can start as low as $100 a month.

[@kayingthao5072]

I get that bigger pocket is trying to help people become real estate investors but you are also part of the problem that is unaffordable housing.

[@mathewali]

In any country, there are developers who make money. So I say all of this doom and gloom, but there will always be people who make money, because people always want homes 👌.

[@faithwilliams1615]

Real estate has been the best but crypto is better rough for fast wealth growth.

[@Anonyme67]

Gosh I love KZbin. No one can complain that they don’t have access to information or racism. The internet and KZbin are here for everyone.

[@hatchett999ify]

Oh Lordy. One of them. 😂😂😂😂

[@matthewkirkendall9998]

I have a home that I built 2 years ago and owe around $325,000 on it with a super low interest rate, my girlfriend and I recently moved in together in her house. A realtor told me I could sell it for around $490,000 right now. Would it be smarter to sell it or rent it out and use the equity to buy another rental house or business?

[@richiepipes8960]

Absolutely rent.

[@ccalderon9]

Ok, I love the idea of arbitrage, but will it scale? Because renting out one short-term property sounds like a lot of work. If you have 3 properties on AirBnB, it sounds like all your time would be spent on driving there, cleaning, prepping for the next guest x3... How do you scale?

[@startingtech3900]

i have 80,000 USD but cant get a loan bc im self employed business owner they need two years on the books IT SUCKS wish i could just qualify like w2 i make like 10 gs a month

[@3vancharles]

I’ve went from only flipping shoes to selling items vintage to new A to Z. On my first property now with an attached ADU bringing in extra income. Can’t wait to repeat the process, thanks for the free game!

[@dawhike]

Huh?

[@Recklessness97]

@@dawhike To get his first $10,000 he started by reselling shoes, such as Jordans, Yeezys, and rare/popular Nikes. He eventually moved on to reselling various vintage and new items (probably designer clothes/hypebeast items) hence the A to Z, meaning of "from A to Z" is to include everything or the entire range of something meaning he sold whatever he could get his hands on. Now he used the money from reselling shoes and vintage items to get his first property that has an attached ADU (accessory dwelling unit) that he rents out for additional income in addition to the property itself. Hope this makes it easier for you to understand.

[@gogurletc8170]

​@@Recklessness97 Bless you for breaking it down !!!

[@amazonjunglez1188]

​@@Recklessness97But where do even begin with real estate? I've been trying to research it and attended 1 "masterclass" that charged us quiet a but didn't really learn anything substantial there other than generic general info. The class was about Wholesaling, which I still don't understand how it goes. And then sold us a $20 000 mentorship,which most of us couldn't afford and wasn't even clear about it anyway. Do you have any insight or info about real estate business for newbies like Wholesaling/pre foreclosure? I researched about tax lien and tax deed sale but it's not really worthwhile. Thanks in advance

[@Recklessness97]

​@@amazonjunglez1188 Stay away from people who are selling classes and mentorships. They make some money from real estate but they make a decent chunk of their money pandering their "courses" and "mentorships" just like those scummy financial gurus. Unfortunately like for any other types of investments it takes money to make money, especially in real estate with these elevated property values and high interest rates, hence the saying, "The rich get richer". I have no experience with wholesaling/pre foreclosures, tax lien, and deed sales but I know there's companies/groups out there with more money and resources than me who eat that stuff up. There's money to be made in those deals but I personally can't compete. I still have yet to get into real estate, I'm just saving money up to buy a multi-family property to own and live in one of the units, rent out the rest. Hard to though because everyone and their mom want into real estate. My best advice is to just get a well paying 9-5, save a decent chunk of money and go from there. The more money you have the better deals you can look at. Look online for a local real estate investor group, for example my area has a facebook group for likeminded investors who join together on renovations, flips, share advise, sell properties, network, help find cash investors, etc. It's a very saturated market, everyone wants in. The more money you have the better. You can get started with little to no money but it's extremely hard. Sorry I couldn't have been more helpful, I'm still trying to hop into real estate too!

[@tarashrynchuk3118]

My side hustle is per diem job in Radiology in local ED. I work 2 days a month, just an easy 8 hours shift. This job pays about 10k a year.

[@thelegendarykevininsales7589]

Where did you take the radiology course?

[@AllenAigbokhan]

Where can I take the course

[@om8652]

Is this near impossible to do in places like California?

[@pattersonellen]

Subscribed. Much better than that Michael B guy's channel who seems to have a political agenda and isnt able to to go into detail and strategy like this channel.

[@TonioVarado-p6s]

I dont recommend 10,000 down still isn't enough a good house that cost 200,000-300,000 10,000 is usually the minimum 10% down for a $100,000 house....putting 10,000 down on a 200,000-300,000 house you will be paying 1,500-2,500 a month just for the house...wich your average american can't afford my themselves....I recommend 30,000-50,000 on a $200,000-$300,000 house... $10,000 down is only good for a fixer upper that cost $100,000 or below. your payment will be low monthly but you will have to fix it up...$10,000 down is really good if you can find low intrest rate by owner financing...😂😂😂 because 10,000 down financing through a bank the intrest will screw you ...not saying it cant be done but as an average american making 50,000-60,000 a year you won't make it on your own the bank will take away the house if you can't afford the monthly payments and you loose the money...if you clear 80,000-100,000 a year you can afford it solo no problem...

[@yahussain39]

I have an llc and you can't even get a loan unless you make over 100k and they only give you 25 percent of that.

[@roldyczarmoaes6226]

Oh … good thing to know sure have 10k like to learn more about where to start

[@AdventDefenseLeague]

For rental arbitrage, don't you need a real estate license to do that?

[@AfricaCook-MLO]

Lots of valuable information and strategies here! Thanks guys!

[@idkmybffjill9682]

Disagree on cheap housing not building wealth. Also replacing the floor in a more expensive home will cost waaayyyy more. Can throw down click boards in a $80k condo but need new hardwood in an expensive home and diy would not look as good. I agree it’s easier to generate equity gains with more expensive homes tho

[@alexyoung3126]

The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the

[@chris-pj7rk]

Several of the biggest market experts have been voicing their opinions on exactly how awful they think the next downturn would be, and how far equities may have to go, as recession draws closer and inflation continues well above the Fed's 2% objective. I'm trying to build a portfolio of at least $850k by the time I'm 60, therefore I need suggestions on what investments to make.

[@stephaniestella213]

@Zahair O'Brian hello there, how do i find the lady you just mentioned?

[@stephaniestella213]

@Zahair O'Brian Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.

[@idkmybffjill9682]

Just heard a story about rental arbitrage. Lady had 50 airb&b….when it flopped she never paid the rent to the landlords or her partner investors. She had a great reputation in Atl, had a partnership with Mercedes even. Now facing 50 fraud charges

[@reedsiler1241]

Easy Way to save/earn an extra 10k in 3 months. Mow 30 yards a week at $30 a yard. There's typically 6 months in a mowing season if you'd like to make more. Customers will more than likely ask you to do other basic services that you can charge for as well like laying mulch, pulling weeds, etc, $$$ :)

[@Rachel-ju5vt]

My side hustle was selling rare houseplants.

[@Yungmoneyswagmonkey415]

Do you recommend leveraging personal credit or business credit to expedite the time?

[@AfricaCook-MLO]

You'll have even more mortgage options as a business owner, plus the financial protections that come with an LLC. Regarding which is quicker, that answer may be personal credit, only if you haven't yet established the business, and its (not your) credit score. Hopefully that helps with short- and long-term planning.

[@dexterradcliffejr8413]

Can someone explain why partnerships are more risky if you are new partnering with someone with experience. Let’s say the new person brings the capital $ & the experienced person brings the knowledge and takes care of everything else

[@rosejones2932]

How about tax liens and tax deeds?

[@GCInvesting]

Love the quick tip time!

[@Flipping_Assets]

What about if you don't have tax history?

[@scramjet4610]

He says, "plenty of ways to get started in real estate with little to no money but you're going to need money...."

[@dreroy599]

So I have a 2019 mobile home 2br 2bath that I added a room to. It’s paid off, but is in a lot that dosent allow renting and it is small for my family of 4 children and 2 adults. Do you suggest I rent my home out and buy a house or rent a house or should I sell my home and use that money to buy a home and live in it until Im ready to move out and buy another house and rent out that house I move out of?

[@mrwondering2594]

Man…I own a double wide home payed off, I plan on buying a better real house for family to live in and rent out old one for 800 a month No debt 810 credit score And we are able to Save $1k a week with our jobs $30k cash in bank due to this year being the year we were able to get debt free But I have no clue what to do when it comes to rentals or acquiring more and with everything so overpriced right now I’m trigger shy as heck to get into anything….😢 Average rent for area is like 600-2100 at most yet can’t really find anything whatsoever for sale under 250k so numbers don’t even make sense for renting them out and we are talking an area where average household income is like $34k that’s how overpriced the market is and we are talking 6 plus surrounding counties all overpriced like this it’s crazy

[@miriama6439]

Hi Mr. Wondering2594, Where are you looking for properties?

[@mrwondering2594]

@@miriama6439 Around Jackson TN

[@leftdsantiques7926]

On arbitrage my props come furnished and the rent contract states no sub -letting.

[@Mimi-pt4fo]

Have to be wary of someone who says he doesn’t know how much he started with.

[@yianni28]

House prices go up when mortgage rates go down

[@SusieQSydney]

Ten thousand dollars isn't gonna even buy a window in Sydney lol

[@thesportsguruu]

Thanks for this, I never imagined that 10k was enough for Real Estates investing. Since you seem well versed in these, I'll like to ask a question. As a foreigner in the States and given the times, would it be better to go into into real estates or stocks. I have been confused on the better option and where and how to go about this. Can't seem to find the most appropriate and of utmost importance is higher income and a less time intensive option.

[@thehunter9853]

@@EmersonFranklin65 ...Very sound and realistic. I too have been into both for sometime now and though I won't say I have lost a fortune, I have squandered quite a lot... You mentioned using pros, if its not a problem. do you mind telling who you used or recommending a good one? I could definitely use the help of one right now... I look forward to you replying...

[@jamesjane5539]

stocks are your best bet atm, the housing market is currently a mess

[@Mrcarlson_E]

@@EmersonFranklin65 casually strolled into this thread and boom, I know this funny man. Once attended a fundraiser he was also in attendance here in Vancouver,, serious looking man with with a funny accent,, He's in the States though, I doubt he works with non residents,,,

[@thehunter9853]

@@EmersonFranklin65 ...thanks

[@paulagoodman7530]

@@Mrcarlson_E This right here is the second time I am coming across this name in a week. Came to my workplace for a program and it was lit. found nothing funny bout his accent though

[@Kamvlog249]

Jesus is kings

[@RCMa123]

Here in Reno NV even 100k down for a rental doesn’t make $ sense. The cheapest home is around $330k 20 min out of Reno & your payments are around $1950 (Including your $100k down)The rent is about that much plus sewer so not cash flow

[@tressacramer9192]

You got me motivated to figure out a side hustle.

[@ksxpresstransport]

Great information I have a question will rentals affect you in some way to obtain a primary?

[@jenniferkrause8085]

What are your thoughts on buying house Liens?

[@donseason2354]

55k, no debt, 5k month gross from job, currently renting, house hack and try to get another at some point? Possible to continue to buy rentals every year if I have the money for down payment each time? And just save over again for the next? Help

[@carlosvelasquez9374]

i love bigger pockets, so i started with house hacking a fouplex right before everything went up in value, late 2019. i stared to ABNB a year later, the unit i use for my personal use, while im away working. i generate good income off of it. and plan on refinancing out of the fha loan to conventional now that i more than 25% equity and do another house hack alll over again.