Buying your first rental property [Full Guide 2023]

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John Liang

John Liang

Күн бұрын

Пікірлер
@Aarrenrhonda3
@Aarrenrhonda3 Ай бұрын
I'm in Michigan, and the housing market here over the past 7-8 years has been unprecedented. Houses that were purchased for $130K in 2015 are now going for $590K. These are tiny, poorly constructed 950-square-foot homes in quiet, mediocre neighborhoods. Meanwhile, nicer, average-sized homes in better neighborhoods that were over $300K a decade ago are now selling for $750K+. It's wild.
@Peterl4290
@Peterl4290 Ай бұрын
A recession as bad it can be, provides good buying opportunities in the markets if you’re careful and it can also create volatility giving great short time buy and sell opportunities too. This is not financial advise but get buying, cash isn’t king at all in this time!
@larrypaul-cw9nk
@larrypaul-cw9nk Ай бұрын
I've been in touch with a financial advisor ever since I started my business. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders.
@sabastinenoah
@sabastinenoah Ай бұрын
bravo! I appreciate the implementation of ideas and strategies that result to unmeasurable progress, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
@larrypaul-cw9nk
@larrypaul-cw9nk Ай бұрын
The decision on when to pick an Adviser is a very personal one. I take guidance from Annette Christine Conte to meet my growth goals and avoid mistakes, she's well-qualified and her page can be easily found on the net.
@sabastinenoah
@sabastinenoah Ай бұрын
I copied her whole name and pasted it into my browser; her website appeared immediately, and her qualifications are excellent; thank you for sharing.
@NicholasBall130
@NicholasBall130 8 ай бұрын
I remember in 2007 when I was working in real estate seeing people buy homes new from builders with the intention of selling before close of escrow to a new buyer for profit. The crash was so brutal and fast that I remember seeing a lot of these units foreclosed on with the builder plastic still on the carpet.
@StacieBMui
@StacieBMui 8 ай бұрын
Most people find it difficult to handle a fall since they are used to bull markets, but if you know where to look and how to maneuver, you can make a size-able profit. Depending on how you intend to enter and exit, yes.
@StocksWolf752
@StocksWolf752 8 ай бұрын
Accurate asset allocation is crucial. Some use hedging or defensive assets in their portfolio for market downturns. Seeking financial advice is vital. This approach has kept me financially secure for over five years, with a return on investment of nearly $1 million.
@EleanorBaker474
@EleanorBaker474 8 ай бұрын
Mind if I ask you to recommend this particular coach you using their service?
@StocksWolf752
@StocksWolf752 8 ай бұрын
Sonya Lee Mitchell is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
@crystalcassandra5597
@crystalcassandra5597 8 ай бұрын
I searched her up, and I have sent her an email. I hope she gets back to me soon. Thank you
@laparistaylor166
@laparistaylor166 Жыл бұрын
I subbed because instead of saying “hey if your going to watch this video like and subscribe” you said “Go do something” I love that!!!!
@08DCSHOES
@08DCSHOES 5 ай бұрын
same here, feel genuine
@Grace.h-t8o
@Grace.h-t8o Жыл бұрын
Building wealth from nothing involves consistent saving, disciplined spending, and strategic investments. Begin by creating a budget to track expenses and identify areas for savings. Prioritize paying off high-interest debt and establishing an emergency fund. As you build a foundation, start investing in low-cost options like index funds, and focus on continuous learning and improving your skills for better income opportunities.
@JaneBlac-
@JaneBlac- Жыл бұрын
Impressive insights! For beginners like me, managing and staying updated can be overwhelming. Are you an experienced investor or do you have a strategic approach for staying informed?
@Grace.h-t8o
@Grace.h-t8o Жыл бұрын
Absolutely not, as I've closely tracked my portfolio's performance, witnessing a staggering $482k growth in just the last two quarters. This experience has taught me the secrets behind experienced traders' substantial gains in what might appear as unpredictable markets. Undoubtedly, it's been a bold and rewarding choice I made fairly recently.
@Agatha.wayne0
@Agatha.wayne0 Жыл бұрын
That's quite remarkable! I'm genuinely interested in benefiting from the guidance of such experienced advisors, especially considering the current state of my struggling portfolio. May I know the name of the advisor who has been assisting you in navigating these financial challenges?
@Grace.h-t8o
@Grace.h-t8o Жыл бұрын
"Stacie Lynn Winson” serves as my advisor, bringing extensive qualifications and experience in the financial market. Her deep understanding of portfolio diversity positions her as an industry expert. I suggest delving into her credentials for further insight. With her considerable experience, she offers valuable guidance to anyone seeking to navigate the complexities of the financial market
@RayaMarcus
@RayaMarcus Жыл бұрын
Thank you for the information. I conducted my own research and your advisor appears to be highly skilled and knowledgeable. I've sent her an email and arranged a phone call. Her expertise is impressive, and I'm eagerly anticipating our conversation.
@tahirisaid2693
@tahirisaid2693 8 ай бұрын
Investing your life savings in a rental property without certainty of returns can be risky. It's crucial to thoroughly evaluate the investment potential before diving in. I've learned that making wise investments is key to building wealth. It's not just about investing money; it's about investing smartly to secure a prosperous future. Here's to making informed decisions and achieving financial success!
@georgestone0123
@georgestone0123 8 ай бұрын
Absolutely agree! Thoroughly evaluating investment potential is crucial. Wise investments are key to building wealth and securing a prosperous future. Making informed decisions is essential for financial success!
@tuckerhiggins4336
@tuckerhiggins4336 8 ай бұрын
Stop commenting this on everything bot
@Blinx777
@Blinx777 6 ай бұрын
Bot
@Billclint-i8f
@Billclint-i8f 3 ай бұрын
The continuously changing economic conditions in our society have made it necessary for people to find additional sources of income, thus I am looking at the stock market to fuel my retirement goal of $3m, my only concern is the recent market crash.
@randettawolf
@randettawolf 3 ай бұрын
For majority, the solution to their problem can be found in specialized knowledge, so can as well seek guidance from a well experienced advisor.
@brenda-v7c3k
@brenda-v7c3k 3 ай бұрын
Agreed, a lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
@franklyn-z1k
@franklyn-z1k 3 ай бұрын
Market behavior can be complex and unpredictable. Mind if I ask you to recommend this particular coach to whom you have used their services?
@brenda-v7c3k
@brenda-v7c3k 3 ай бұрын
'Grace Adams Cook' , is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
@franklyn-z1k
@franklyn-z1k 3 ай бұрын
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
@taemoney86
@taemoney86 11 ай бұрын
Please do an in depth video on the real estate calculator
@RobertTorres_
@RobertTorres_ Жыл бұрын
I remember watching my first real estate 101 with graham Stephen years ago talk about how to buy your first property. That catapulted me into being heavily involved in the credit card, real estate and finance community overall. I hope this video inspires the next guy how it did for me years ago.
@AnthonyVenture
@AnthonyVenture Жыл бұрын
Same exact situation as me! Probably for a lot of us haha.
@Avengers-tf8du
@Avengers-tf8du Жыл бұрын
How is it going for you guys
@Avengers-tf8du
@Avengers-tf8du Жыл бұрын
Been following for years im 18 going to college then getting started only 4 more years until ill start
@AnthonyVenture
@AnthonyVenture Жыл бұрын
@@Avengers-tf8duMostly gotten into stocks and credit cards for now, and became a real estate agent. Haven’t really hit the season of real estate investing side yet.
@Patrick.55
@Patrick.55 Жыл бұрын
Boston area lenders
@berry6irl
@berry6irl Жыл бұрын
one of the FEW videos that are actually helpful and not just about spending a lot of money!!! thank you
@tarabird2601
@tarabird2601 Ай бұрын
I must say it's been a wonderful bullrun in the crypto space.. definitely purchasing more properties before the year runs out.
@carvalomaria8755
@carvalomaria8755 Ай бұрын
Hit 150k today in profit. You have to get it right
@louisdiogo4851
@louisdiogo4851 Ай бұрын
​@@carvalomaria8755 Interesting, how can someone make that much from the crypto space? Been meaning to invest some part of my 401k into crypto and real estate.
@michelinejose5930
@michelinejose5930 Ай бұрын
Wow! That's awesome, how do you make that much in the crypto space.still wondering what am doing wrong
@carvalomaria8755
@carvalomaria8755 Ай бұрын
I work with the best team of traders. its been all profit since I started.. getting hold of my next property ending of the year.
@michelinejose5930
@michelinejose5930 Ай бұрын
​@@carvalomaria8755 how can one validate your team of traders? Any info I can get my hands on or any channel here on KZbin?
@johnsfinancetips
@johnsfinancetips Жыл бұрын
Is anyone here looking to jump into their first property??
@raulmaravilla2941
@raulmaravilla2941 Жыл бұрын
Me Looking in South TX Area
@MDMurdock77
@MDMurdock77 Жыл бұрын
Yes. Thoughts on BRRRR?
@omwtbuyre
@omwtbuyre Жыл бұрын
🖐️
@freedomisnotfree1963
@freedomisnotfree1963 Жыл бұрын
Yes. California.
@FahsalFamily
@FahsalFamily Жыл бұрын
Yes I am. Please send the calculator and mentor me😅 I'll pay you and let you ride my Lambo for the weekend no joke lol. I'm in Chicagoland areas
@giovannimartinez6840
@giovannimartinez6840 Жыл бұрын
Amazing video! I’m 24 and want to get my first property. I think that calculator would be a great tool for me and others. A video like that would be awesome! Keep up the great work!
@daphyneshine3222
@daphyneshine3222 2 күн бұрын
I like what you said about the Section 8 tenants. It’s guaranteed rent deposits and the organization does regular inspections ensuring the property meets livable standards and you make repairs accordingly and your unit stays maintained. Ive been renting to section 8 for years and in 15 years I’ve had 2 section 8 tenants. They stay for a long time reducing short term tenant turnaround.
@liftoff5164
@liftoff5164 3 ай бұрын
Thanks for not bullshitting like other KZbinrs (the ones that don’t invest just sell advice to followers). This is gold
@mikkaatravels
@mikkaatravels 6 ай бұрын
I LOVED the calculator and I definitely want a in depth video on how to create one of my own!
@younginj8665
@younginj8665 Жыл бұрын
This is a w I learned so much just in the first 4 minutes
@MoyaWassell
@MoyaWassell Ай бұрын
Everyone's been promoting investing as a source of passive income, but with a 70-hour workweek and limited financial knowledge, how can I stay on top of things? Every KZbin video says "BUY, BUY!" but when and how do I sell for profit at the right time?
@SujayPera
@SujayPera Ай бұрын
Well all i know is that you cannot go wrong taking profit at near high. No one ever went broke taking a 10% loss. It's best if you consult with a fiduciary advisor to get informed buying & selling decisions
@AvelineOztas
@AvelineOztas Ай бұрын
Working with a financial advisor has been a game-changer for me. They provided invaluable insights and tailored strategies that aligned perfectly with my risk tolerance and financial objectives. With their support, I've seen significant growth in my investments and gained confidence in my financial future.
@DiandraBuckovitch
@DiandraBuckovitch Ай бұрын
Can you share details of your advisor? I want to invest my increased cash flow in stocks and alternative assets to achieve financial goals.
@AvelineOztas
@AvelineOztas Ай бұрын
*Julianne Iwersen Niemann* a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..
@DiandraBuckovitch
@DiandraBuckovitch Ай бұрын
Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance
@kingbthegreat2967
@kingbthegreat2967 Жыл бұрын
Having access to that calculator with be extremely beneficial and encouraging when scouring the web for properties.
@johndeanconway7931
@johndeanconway7931 11 ай бұрын
Great content as usual, I loved this as I am about to invest in uk property with 70k deposit (plus fees and more savings for furnishing and decorating) to buy my own place, but I am also treating it as my fourth investment, having two spare rooms for lodgers to cover this property mortgage and tax costs... and to build my equity whilst working my day job for my next investment.
@jadecarson5081
@jadecarson5081 11 ай бұрын
First, Jessica you need to have a salary of at least 25k before you will be considered for a mortgage, that you need for properties. If you want to achieve a 75 percent yield yearly, try looking out for an investing advisory or else you will be competing against professionals themselves.
@donnahensley2459
@donnahensley2459 11 ай бұрын
Generating returns are usually phenomenal. What would have been really interesting would be a proper breakdown showing their costs , services, investors return..
@jadecarson5081
@jadecarson5081 11 ай бұрын
That's an intentional way to live Debbie, that's the only way to become debt free. I've already paid off two previous mortgages. Now I'm working on my third and I cannot wait since it has to happen before retirement in four years and I'm already getting there the proficient way, Luckily for me my trader and coach Frost Hilda has been using every opportunity to ensure I benefit from each turn the market takes. Good luck staying debt free as much as possible in the future.
@jadecarson5081
@jadecarson5081 11 ай бұрын
Absolutely Zachary, contract agreement splits are favorable, I’m also exceptionally well positioned as I’m privy, so that’s a good return deal for any investors creating revenue for more interest.
@mondimlotshwa3958
@mondimlotshwa3958 11 ай бұрын
I'm from the UK as well and I'm currently overpaying my mortgage each month with money from investing. I'm on a no buy this year and my goal is to have my mortgage paid off in under 3years, hopefully sooner, so I appreciate and am forever open to receiving tremendous amount of value to achieve my target.
@itsnotme07
@itsnotme07 Жыл бұрын
Great stuff John! Thanks for sharing!! Totally agree with putting your eyes on the property and walking it. My current place, looked great with photos (of course it did) and all the numbers/amenities, etc. Then I visited the place for a walk through. Couple cracks in the drywall/plastering and a 2.5 in drop (just felt weird) in the floor from one side to the other of the house. $35000 later, everything is level, no I did not pay for that, seller did. Plus...if you're a newbie buyer...and you probably are watching this...make sure to ask your RE Agent questions. They know what/how to show things to people but because of their experience, they also probably know of what things to look for, especially if it's houses/apartments/condos that are similar in an area. "I sold 3 of these last year, all needed new sewer lines due to age/type, etc"....then you know you gotta add that to the inspection for sure! And YES, you DO NEED an INSPECTION! The cost will save you $$$$$$$.
@araxkermani6871
@araxkermani6871 7 ай бұрын
If you're still using that calculator would you be willing to send a link to that spreadsheet to me so I can copy it? I'm in Texas so I will definitely not be swooping in on your turf.
@martinezsjr
@martinezsjr Жыл бұрын
Interested in the calculator. Great info!
@bryangerardo9858
@bryangerardo9858 9 ай бұрын
As someone who just got his Cdl a very good friend of mine gave me some knowledge about doing this and I can’t wait to go to the next step
@adammallak8821
@adammallak8821 3 ай бұрын
Well Sir , I watched few videos of other who is trying to explain things but you are explaining things so clear and very simple , thank you for been great educator and I can not wait to buy my first rental
@alexangulo2647
@alexangulo2647 2 ай бұрын
Mr.Liang Thank you for such an informative video. I' have saved up a good amount of money from my deployment in the middle east.I will be using this for a down for an investment property. This has really helped me understand what I have to do when I get back home. Thank you once again
@GriffinPropertyHoldingsLLC
@GriffinPropertyHoldingsLLC Жыл бұрын
Hey John! Great video, really helpful information on getting a rental property. Super excited to see a video breakdown of how you setup your deal calculator!
@kevinramos10
@kevinramos10 Ай бұрын
That formula to calculate the annual percentage gain is great! Thank you!
@stephenwillis10
@stephenwillis10 Жыл бұрын
lemme get that calculator
@Jason-xt5nn
@Jason-xt5nn Жыл бұрын
@@crumfit1232shut up
@islandreaper
@islandreaper 9 ай бұрын
It’s a spreadsheet… share it.
@harshitarora89
@harshitarora89 Ай бұрын
How to get that calculator ? Or sheet?
@VivekMogalapalli
@VivekMogalapalli Жыл бұрын
This information is priceless. Thank you for doing this, John! Would love to see more real estate investing videos. Also, could you do a video on how you screen your tenants?
@kcach002
@kcach002 Жыл бұрын
Great video! Would love an in-depth video with the calculator.
@gunarssonbilly.
@gunarssonbilly. Жыл бұрын
Hi John. I must say you are an inspiration because I started up investing in crypto and trading as a scared investor who doesn’t want to lose money, glad to say I’m very profitable now and just bought my first house through it.
@reshma107
@reshma107 Жыл бұрын
Oh wow that's great, Congratulation 🎉
@davidjames6332
@davidjames6332 Жыл бұрын
Big props to you on your wins please how did you become successful, lately I find everything difficult how did you overcome fear of loosing facing same here
@gunarssonbilly.
@gunarssonbilly. Жыл бұрын
I understand how you feel,well is not luck is all about having good investment plans, watching professional trading videos and most especially connecting with the right person the digital world is full of in unreal people I met some of them during my success journey.
@gunarssonbilly.
@gunarssonbilly. Жыл бұрын
I felt same way when I started especially when you use demo account you might be winning but when you put in real money you start losing I understand and I pass through it all. I’m very happy I’m profitable now.
@jsolomon8423
@jsolomon8423 Жыл бұрын
I’m encouraged keep it up
@katnap8354
@katnap8354 22 күн бұрын
I would love an in depth video on the calculator! Thank you so much for your tips!
@_pyox
@_pyox Жыл бұрын
Seems like this guy gets every angle of investing , I appreciate the simplicity 💯
@poopdeckpappy8680
@poopdeckpappy8680 9 ай бұрын
Thank you for putting this content together. My wife and I are planning to do the exact same thing and you have opened our eyes to some elements that we hadn't considered and also have gotten us excited to buy our first property. We are also in MA and looking at properties in the South Coast area. Please send us your calculator as it will be super helpful. Thank you again and we'll keep you posted!
@EvangelistKia
@EvangelistKia Жыл бұрын
Im a teacher and i am looking to transition to real estate...Thank you for your video...very throughout
@georgezepeda8907
@georgezepeda8907 Жыл бұрын
Interested in your calculator. Great info on the video, looking to buy my first rental property which is a 4 bed, 2 bath. It’s nail biting but I know it’s a great starting point. If rental makes it positive, I’ll be ready to buy the 2nd.
@shillondesilva5756
@shillondesilva5756 Жыл бұрын
would really appreciate an in depth video on how to structure the calculator!
@Drjinannasser
@Drjinannasser Жыл бұрын
Thanks for the great video! I’d love to get access to the calculator you used! Keep up the great work!
@kennethtorreskats
@kennethtorreskats Жыл бұрын
This information is priceless 🙏🏽
@johnsfinancetips
@johnsfinancetips Жыл бұрын
I’m glad you found it helpful!
@wendyminchez
@wendyminchez Ай бұрын
John, you are such a sweet person. I appreciate your videos and God Bless You!
@GViramontes
@GViramontes 11 ай бұрын
When I was younger and thinking about what I wanted to do with my life, Buying rental property was something that I have always been very interested in. I never had the money to act on it and go full force. Fast forward many years later. I now finally saved up enough money to buy my first rental property, but I have no idea of where to begin. Any help for anyone will greatly be appreciated. I want to make sure I do all the right steps. I have been seeing so many 101 guides on this topic, And this video made everything sound so simple. I Just need that extra push to make the 1st move on this journey and I want to make sure it will be the right one.
@letsmakesomemoneyyyyyyy
@letsmakesomemoneyyyyyyy 11 ай бұрын
So first thing is saving money but you have that down already. Basically you’re set to start but always do your numbers and check how much you’re monthly mortgage would be and the monthly expenses such as property management, insurance, and so on. Now that you’ve done numbers, reach out to an agent who can help you ( they all know how) and start looking for properties. Get a home inspection ($300-$500) make sure everything works properly and seal the deal. First 2 weeks paint the house make it look more presentable and don’t go overboard because you might be the landlord but not the tenant so your specific desires won’t be necessary . List the home for rent and begin making money (ALWAYS COMMUNICATE WITH YOUR AGENT)
@GViramontes
@GViramontes 11 ай бұрын
@@letsmakesomemoneyyyyyyy Sounds like you have experience in this
@letsmakesomemoneyyyyyyy
@letsmakesomemoneyyyyyyy 11 ай бұрын
@@GViramontes i work in real estate so i do have a good chunk of knowledge on this specific topic. I am actually planning to buy a rental property in Vegas next year so i am also researching a bit more so i can have full knowledge before taking a big step. Hopefully by 23 i can have two investment properties, its just all about research
@mcjimmiejohnson48
@mcjimmiejohnson48 Жыл бұрын
Please do an in-depth video of the calculator!! Running the numbers has been the hardest thing for me because I don’t know what all to plug in.
@Ryuish1337
@Ryuish1337 Жыл бұрын
Sweet video, subscribed!
@johnsfinancetips
@johnsfinancetips Жыл бұрын
Thank you!!
@AveryHeilbron
@AveryHeilbron Жыл бұрын
Thanks for the shoutout John & a great how to for everyone out there!
@ghouston5085
@ghouston5085 Жыл бұрын
Great video; very helpful. Buying my 1st rental property. I'm so nervous, but I took the leap. Would love more calculator info.
@dailydoseofrandom652
@dailydoseofrandom652 Жыл бұрын
so how does that go ?
@gnanadeepch5065
@gnanadeepch5065 Жыл бұрын
did you find the calculator?
@KBWFreedomthrurealestate
@KBWFreedomthrurealestate 14 күн бұрын
Good information! Thanks
@mason.ford_
@mason.ford_ Жыл бұрын
Need the calculator for sure! Great video!
@neakzie
@neakzie Жыл бұрын
I love the information you share, hopefully this will come in hand. Thank you!
@crazypieman9
@crazypieman9 Жыл бұрын
great video and very detail oriented!
@channarinleng1224
@channarinleng1224 Жыл бұрын
Hi John, great insight. Definitely would love see a video on that calculator. Thank you for your work!
@stevemoore2699
@stevemoore2699 Жыл бұрын
I second this.
@JoseBermudez13
@JoseBermudez13 8 ай бұрын
@@stevemoore2699 I third this
@ncmay1112
@ncmay1112 3 ай бұрын
First video I’ve seen of yours and it was super helpful! New subscriber!
@xavierdoisneau3472
@xavierdoisneau3472 Жыл бұрын
great video! PLEASE do an in depth of the calculator
@AlexaRomero-v6u
@AlexaRomero-v6u 2 ай бұрын
This was such a helpful video! Thank you
@YourLightInTheDarkness
@YourLightInTheDarkness 2 ай бұрын
Hey man, just wanted to say thanks for the video ! It was well put and an easy watch! Appreciate you
@miguel2day
@miguel2day 4 ай бұрын
Great video. I really like your excel sheet calculator and the tip of using HUD. I want to buy a rental and make sure the property will be HUD certified.
@frantos29
@frantos29 Жыл бұрын
Great video, would be very interested in an in-depth calculator video please, learned a lot just by watching this!
@jeremyguadagnini6536
@jeremyguadagnini6536 Жыл бұрын
same I would also like a link or something related to the calculator
@frankb6914
@frankb6914 10 ай бұрын
Is there a link to this calculator?
@Moe_Mentum33
@Moe_Mentum33 10 ай бұрын
Would love to know the same as well. I started to build a much less detailed calculator but I like additional details
@harshitarora89
@harshitarora89 Ай бұрын
Me too need the calculator with an explanation video
@paulwyche
@paulwyche Жыл бұрын
Hey John. Great video! Would love both a follow-up and a copy of the calculator if possible. Also, are there any books/other resources you would recommend?
@thefilthycasual05
@thefilthycasual05 Жыл бұрын
I too would love to have a copy of the calculator.
@MariaIvanova2
@MariaIvanova2 Жыл бұрын
Same! Pretty please. That calculator seems like a game changer :)
@levihuffman324
@levihuffman324 Жыл бұрын
I would love that calculator as well!
@bdmixpro
@bdmixpro Жыл бұрын
Me too… can I get a copy of the calculator
@patsmith5870
@patsmith5870 Жыл бұрын
Great video!!!! Would love a copy of the calculator spreadsheet, please.
@luisrosario432
@luisrosario432 Жыл бұрын
Thank you so much for teaching house hacking in such a simple way. I dream of investing in real estate and have even been analyzing houses on zillow and for family members for fun. Would you be able to share a video showing more details of this calculator and maybe share it for a while? Thanks again.
@rumahjakartabekasidijual
@rumahjakartabekasidijual Жыл бұрын
The dynamics of the rental market impact both landlords and tenants, with factors like demand, location, and property condition influencing rental prices and vacancy rates.
@phytostratis
@phytostratis Жыл бұрын
You are amazing! Thx for sharing your passion … this is so valuable
@keneeo
@keneeo Жыл бұрын
please share or talk more in depth about that excel calculator! would be super cool to experiment looking at houses
@RosauraMendez-m6c
@RosauraMendez-m6c Жыл бұрын
Fantastic video, I will love a breakdown of your loan calculator key metrics method!
@311akb
@311akb Жыл бұрын
Awesome video. Would love more breakdown on the calculator. Thanks.
@skylerssupercarlife348
@skylerssupercarlife348 Жыл бұрын
Credit card question. I just received a Chase card a few weeks ago (Freedom Flex), but I'm looking to get started on the Chase Business Ink 8k spend for 100k points. If I were to apply for the Ink card, would I get rejected for the 2/30 rule. Also, I'm only 3/24 with chase.
@johnsfinancetips
@johnsfinancetips Жыл бұрын
Thanks for the question! So 2/30 refers to max of 2 approvals in 30 day period for just Chase cards. Assuming you only got approves for the FF a week or 2 ago, I see no problem with applying for the Chase Ink Preferred as far as the 2/30 rule you're in the clear. Hope that helps!
@ronnyheredia7535
@ronnyheredia7535 Жыл бұрын
Another great video, keep up the great work!
@OliviaGilarde
@OliviaGilarde Жыл бұрын
Thank you for the video! I learned so much… I would love to see the calculator
@IanFloress
@IanFloress Жыл бұрын
I think a video explaining how the calculator works would be great!
@ltnvideo
@ltnvideo Жыл бұрын
My biggest fear with owing a rental property is the maintenance expenses. I own a home now and shit breaks all the time its always at the wrong time and hits the wallet hard. i can’t imagine that with a rental property. i think that what will sink me.
@kingbthegreat2967
@kingbthegreat2967 Жыл бұрын
Can have the tenant sign an agreement for damage expenses if they end up damaging parts of the property.
@Figueroamit
@Figueroamit Жыл бұрын
Really amazing video, I just Graduated from Architecture School last year and trying to become an architect as developer. It shares a lot of the same principles as real estate investing, it would be great to see a more in-depth video using the calculator, I trying to create my own worksheet and currently looking for my first property to buy
@billlanagan2320
@billlanagan2320 Жыл бұрын
here to comment on, a big thank you! And ask for the calculator video
@j.l.cooper70
@j.l.cooper70 Жыл бұрын
😂 you're so awesome! Thanks for this video!
@johnsfinancetips
@johnsfinancetips Жыл бұрын
Glad to help!!
@xavierspann1089
@xavierspann1089 Жыл бұрын
How can I get the instructions on how to build your calculator?
@traeold1071
@traeold1071 Жыл бұрын
Thanks. Amazing video. Starting to save for some real estate investments
@TechInRealEstate
@TechInRealEstate Жыл бұрын
Great video! so informational!
@lP1Axl
@lP1Axl Жыл бұрын
A local KZbinr that funny seeing these applied to my local streets
@WassupFred
@WassupFred 3 ай бұрын
Thank you for this video.. make another video!!! Make a video about using house equity to buy something else
@kirkcurrey4686
@kirkcurrey4686 Жыл бұрын
Great video!! Would love more info on the calculator
@bdmixpro
@bdmixpro Жыл бұрын
Greta video bud! Would you make a in-depth video of the calculator? Also, make it available for us to download and use? Thanks!
@ebonycohen6821
@ebonycohen6821 Жыл бұрын
Great informative video! Would love to know how you built your own calculator!
@moose2626
@moose2626 Ай бұрын
Great video! Helps me think more realistically about a rental property. Can you please share the calculator?
@gmbotond
@gmbotond Ай бұрын
Ive lived and worked as a plumber in boston and north shore area. I now live and work as a plumber in south eastern Virginia. Section 8 is much different in terms of renters. Might be state government standards.
@IanFloress
@IanFloress Жыл бұрын
Great video!
@CHRISTOPHERGRULLON-m2o
@CHRISTOPHERGRULLON-m2o Ай бұрын
I would love to see an in depth video of that calculator. 😃
@LeonardoLynch
@LeonardoLynch Жыл бұрын
Would definitely love a more in depth show on the calculator and maybe even a copy PS. I gave the video a thumbs up
@SashVerniss
@SashVerniss Жыл бұрын
Thank you for sharing this information it’s very helpful and I’m just starting to plan on getting into real estate investing! Used your other trips on credit cards and just did an amazing trip to south of France for a fraction of the cost 🙏🏼 (now I’m back to saving for that down payment)
@TreyJohnson-r8r
@TreyJohnson-r8r 10 ай бұрын
FHA is good for your first two unit property. With 3.5% down but a three or four unit and putting 3.5% down will never pass the self-sufficiency test that FHA requires.Furthermore, you can only use the FHA loan once within 100 miles of each property also, requires that you live in one unit for at least 12 months.
@christophertafur3824
@christophertafur3824 Жыл бұрын
Hi John, I’m just starting to get into this industry and that calculator would really be helpful, if possible could you please do a thorough video on that calculator I would really appreciate it
@riderhard
@riderhard 3 ай бұрын
Hi really enjoyed your presentation, however it was well over me to attempt to take any kind of notes for later reference. It would have benn nice to have this put on a PDF for viewers!
@SivaramMurthy
@SivaramMurthy Жыл бұрын
Great video! Would love to know in depth about the calculator!
@anthonysays
@anthonysays 4 ай бұрын
Great video! I’m very interested in your calculator. Thank you!
@MovingtoDesMoinesIA
@MovingtoDesMoinesIA Ай бұрын
Hope whoever reads this gains some value! If you want to supercharge your investment, you should be looking for homes and small multi family units that have low interest FHA, USDA, or VA loans on them already and assume those loans from the seller. Then you can also use that same lender to lend the equity at today’s rates. So in essence, you’ll have the main loan at say 3.5%, and a smaller loan at 6%; making your payment lower than purchasing a property outright with a 6% mortgage. Here in Des Moines, I find plenty of homes with assumable VA loans at less than 3% Still.
@Adhamshawgi
@Adhamshawgi 18 күн бұрын
How long does it take for you to acquire at least two properties? When selecting a good investment property, did you consult with a financial advisor? Finally, can I buy a property and rent it out without being. Thank you 👍
@MrKaje72
@MrKaje72 6 ай бұрын
You helped motivate me to grab a credit card
@almond327
@almond327 Жыл бұрын
I would love to get more information on the calculator. Great video!
@TheBoyz305
@TheBoyz305 Жыл бұрын
Amazing video and well explained thank you
@Sbuswell
@Sbuswell 2 ай бұрын
Loved the video! Could you please do one on the calculator or if there's somewhere I can download it that would be amazing?
@matthewcaraballo1171
@matthewcaraballo1171 Жыл бұрын
I hit the like button within the first 30 seconds
@shoedrums
@shoedrums Жыл бұрын
Hey John! I’ve gotta say, this is wonderful information you’re giving out. I noticed on your annual income in the calculator it was $100,000. Is that a combined income with your girlfriend/spouse? I would love to get into real estate just hesitant and want learn more. Another note, the calculator you have would be sweet to dive into more! Thank you for all you’re doing man. Tons of people would keep this to themselves. Much respect to ya!
@jwilliams7432
@jwilliams7432 2 ай бұрын
I would like to know more about the calculator
@Daft_Sage
@Daft_Sage 3 күн бұрын
Can we get that calculator guide. Thank you.
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