Hotel Owners Worst Nightmare

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Ben Mallah

Ben Mallah

Күн бұрын

MERCH!
teespring.com/...
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Twitter / ben_mallah
Instagram / realbenmallah
If you would like to speak to Ben for a Consult or get Life for sale stickers visit: benmallah.com/shop
$20,000 Finder Fee if you find a tenant:
benmallah.com/...
Music by Hollywood John - / @hollywoodjohn247 - Prelude Amore, It was all a dream, Duplicity, Corruption at the Top, In the Chill, City Vibr, Threat, Feudal Overlords, Eavesdropping, It was all a dream, Inspiration, North Country, 80
#LifeForSale #BenMallah #HotelCrissis

Пікірлер: 1 700
@BenMallah
@BenMallah 4 жыл бұрын
We got MERCH! Check it out: teespring.com/stores/ben-mallah-life-for-sale
@JAwesomeEdits
@JAwesomeEdits 4 жыл бұрын
We’re pulling for you, Ben!!!
@rjalexander440
@rjalexander440 4 жыл бұрын
Ben check into all the loans available they all are forgiven as long as you don't lay anyone off !!
@98Areeb
@98Areeb 4 жыл бұрын
Gotta sell a lot of mercy now lmao
@juice4ice889
@juice4ice889 4 жыл бұрын
Ben I would consider the option to turn your hotel rooms into hospital rooms. Because there will be overcrowded hospitals and you will have income that way greetings from the Netherlands
@Adam-ff3me
@Adam-ff3me 4 жыл бұрын
Ben if could sell fat you would never have to worry about money again.
@snozy4936
@snozy4936 4 жыл бұрын
All this Information this man has provided, yet people still want to see him fall. No wonder the rich don’t share information 😤
@ToneRetroGaming
@ToneRetroGaming 4 жыл бұрын
Major facts
@iron-farmer
@iron-farmer 4 жыл бұрын
Sounds right. Seems almost worse to work extra hard now, comes with a lot of labels
@MrWisdom79
@MrWisdom79 4 жыл бұрын
Ben's no fool. Guys like this got to where they are because they can pivot during changing economies. If you don't think he's already got a plan to take advantage of this down turn your crazy. Him complaining about what's going on is a shell game. Get you looking one way while he makes a move somewhere else. People are so stupid to point the finger like he's the only one going to fail. If he's failing we are all failing so If he's fucked you're probably WAY more fucked. The guy pulled a fucking prime rib that could feed 20 out of a $50,000 convection oven during a pandemic. He'll be fine.
@user-rd5nc1nb9f
@user-rd5nc1nb9f 4 жыл бұрын
Straight facts like from the printer
@ToneRetroGaming
@ToneRetroGaming 4 жыл бұрын
@@Noadvantage246 so you're the guy that does his books right?
@BIGO.CHILLIN.SIDEWAYS
@BIGO.CHILLIN.SIDEWAYS 4 жыл бұрын
I just bought some merch. Hang in there Ben, I'm rooting for you. Take care of your health first. Wish you the best.
@zach6639
@zach6639 4 жыл бұрын
"I need to make that decision RIGHT NOW" "Happy, it's gonna be your decision" LOL
@mallkrawlerz620
@mallkrawlerz620 4 жыл бұрын
Zach Noegel that’s a good leader.
@jdias51
@jdias51 4 жыл бұрын
Obviously happy has made this man millions so you gotta trust him
@zach6639
@zach6639 4 жыл бұрын
@@jdias51 no doubt
@johnstutz4458
@johnstutz4458 4 жыл бұрын
Plot twist, It's not really Happy's decision... Happy's input will totally reflect and weigh in the decision...
@ayeshayaseen408
@ayeshayaseen408 4 жыл бұрын
It made me laugh when he did that... that’s what I do 😆
@keananocarroll5112
@keananocarroll5112 4 жыл бұрын
I feel like if ben lost everything he’d hustle his way back anyway
@joemiller5023
@joemiller5023 4 жыл бұрын
He is too old and fat to hustle anymore
@workingclass6750
@workingclass6750 4 жыл бұрын
Death. Time is the great equalizer, doesn’t matter how much you have you die eventually, time runs out.
@mrdbooks7285
@mrdbooks7285 4 жыл бұрын
@Keanan O'Carroll - Ben is probably going to Loose everything because of this CCP Virus, many people will Loose everything because of this, will the CCP be made accountable for this???
@user-rd5nc1nb9f
@user-rd5nc1nb9f 4 жыл бұрын
@@mrdbooks7285 I hope, china must pay
@bradscott8332
@bradscott8332 4 жыл бұрын
Agreed 100% Ben is a true survivor and Hustler but I don't know if his wife would be there while he's making a a come back, she'd probably go looking fo the tennis coach :)
@ElectronicCulture
@ElectronicCulture 4 жыл бұрын
You know you're broke when your home elevator stops working lol
@Sasha0406
@Sasha0406 4 жыл бұрын
Yeah, that's when you know you've really hit rock bottom. lol I don't why that was so funny to me. 😂 Maybe it was the way he said it...
@K5Adventures
@K5Adventures 4 жыл бұрын
Even in a difficult time, Ben still has a sense of rumor about his situation. I love this attitude. This is why this man can’t fail, cause he doesn’t let it get him down.
@thomasreyes2857
@thomasreyes2857 3 жыл бұрын
How can you fail when you have that kind of money that dude's got money coming out of his ears.
@SOHCNightmare
@SOHCNightmare 3 жыл бұрын
@@thomasreyes2857 anyone can overextend themselves/over leverage themselves.
@albertosayas
@albertosayas 4 жыл бұрын
Ben I haven’t been alive that long, and I can’t imagine seeing everything you’ve worked so hard for, fall apart in front of you in just a matter of weeks. I hope the best for you man. I really do. ❤️
@sanatvarma2083
@sanatvarma2083 4 жыл бұрын
he's been through crashes before...he'll see through this one too...and there's a chance he'll come out richer too
@sergioalonso1983
@sergioalonso1983 4 жыл бұрын
@@sanatvarma2083 man this the first pandemic in modern history even in a bad economy there's still people going out and expending money the only costumers ben has right now are hooker on the hotel wich i believe they are losing money too, anyway its just depends how long this is going to last in capitalism system pe
@sergioalonso1983
@sergioalonso1983 4 жыл бұрын
@@sanatvarma2083 people will take advantage and take as much as they can.
@agnetubeagne5449
@agnetubeagne5449 4 жыл бұрын
@@sergioalonso1983 u can not even spell bro
@scapegoat413
@scapegoat413 4 жыл бұрын
Sanat 12 COMPLETELY DIFFERENT SITUATION
@KenNaka22
@KenNaka22 4 жыл бұрын
Ben and his one liners are pure gold 😂”you know when you you’re broke? The day your elevator doesn’t work” this man is a whole mood
@parmmuhar1903
@parmmuhar1903 4 жыл бұрын
Please continue to make videos during this crisis, would love to see how you guys weather the storm and which discounted properties you end up picking up!
@alexg8460
@alexg8460 4 жыл бұрын
Unless you can buy the property and prepay 1 yrs worth of rent nobody is buying shit, only the people that have huge cash reserves are looking to buy now. The people that have alot of debt on real estate are just trying to Not loose what they have.
@bradscott8332
@bradscott8332 4 жыл бұрын
Agreed! Every day I go onto KZbin looking for new Ben material during the Civid Crisis
@randywolfe44
@randywolfe44 4 жыл бұрын
Real estate values may drop 60%. All owners will feel it! Reality has just begun!
@JM7Blocks
@JM7Blocks 4 жыл бұрын
Ben Mallah is the realest on youtube. I've been thinking about him this whole time, hotels, retail, bonds. Ben must have taken a huge hit. And then he makes this video keeping it 100% real with us instead of bulls**** us like other youtubers lying about how "oh, yeah, I happened to sell everything right before and shorted the market".
@tobyk100
@tobyk100 4 жыл бұрын
Ben always says "the bank is your friend". Well, I hope they're a good friend now.
@emailercc3565
@emailercc3565 4 жыл бұрын
they have to be, hes the biggest customer, they would loose millions with him, he makes them money, he said the banks all offer him jobs, because he know the game to make money
@emailercc3565
@emailercc3565 4 жыл бұрын
@@ll5352 yes, but your misssing out their knoledge that ben can make money in the future. ben is a money making asset that gets his feet on the ground and makes things happen, this is gold to banks. ben may loose some properties because they are on collateral or overalevaraged, but the banks know his work ethic, they want to hire him to scope out housing deals, this is more more man knows how to fish, he might be screwed know but the banks are his freind
@McCheetos
@McCheetos 4 жыл бұрын
@@emailercc3565 their knowledge that "ben could make money in the past". It is uncertain how this will affect the hotel and real state industry in the future.
@ElisPalace
@ElisPalace 4 жыл бұрын
In Australia most banks are going to pause loans and mortgages for 3/6 months. And if you are unemployed you can withdraw $20,000 from your retirement fund this year
@kiput3647
@kiput3647 4 жыл бұрын
@@ElisPalace lol retirement funds have been cut in half and the worst os yet to come
@Disisions
@Disisions 4 жыл бұрын
It’s the best time to be a kid. These are all adult problems.
@firstandlastswagman269
@firstandlastswagman269 4 жыл бұрын
Sell ure white ass
@scypherguy804
@scypherguy804 4 жыл бұрын
haha im doin some cheat code shit
@grant8490
@grant8490 3 жыл бұрын
@@firstandlastswagman269 Yikes! Racist.
@rapidrusty9445
@rapidrusty9445 4 жыл бұрын
Didn’t hesitate, immediately hit that reminder button 😉
@BIGGOODBOY
@BIGGOODBOY 4 жыл бұрын
This dude really walking around his house like he’s about to lose it
@booflap98
@booflap98 4 жыл бұрын
Leverage is a bitch
@ke83984
@ke83984 4 жыл бұрын
He'll be fine.
@BIGGOODBOY
@BIGGOODBOY 4 жыл бұрын
Yeah I mean his strategy was buy fix sell then buy right away for tax purposes. You can only do that so long I dunno he’s rich af and I’m not
@iwashpowercleaning7724
@iwashpowercleaning7724 4 жыл бұрын
Hope he finds a solution for this, really do. When he was helping and giving some advises on how to get deals and loans all was good, while most investors try to hide the secret on how simple it is to start and prosper in real estate. Well Ben, wish all work out for u ...
@ggreedy8668
@ggreedy8668 4 жыл бұрын
he'll be fine. even if he doesnt pay any of his loans. itll be months maybe even over a year for the bank to take the property and hopefully within that year he'll be able to get all the money to pay them back. his credit will be rough but he'll still be a multi millionaire
@ernburn3557
@ernburn3557 4 жыл бұрын
iWash Power Cleaning he made merch
@ShapeyFiend
@ShapeyFiend 4 жыл бұрын
Ben has gigantic cash reserves to ride any situation out because he invests the banks money not his own. It's probably all in his wife/kids names as well. He hasn't any shareholders. Ben will be fine.
@capitalizingondumbmoney1679
@capitalizingondumbmoney1679 4 жыл бұрын
Dont be to sure... not hating just stating facts... he 1031 all his sales which means he puts all money into next deal... only way he makes money is from rent roll or when he refinances a place and keeps the extra... he’s leveraged to the top... it’s going to be ruff on him... but he’ll still have money from apartments not hotels or commercial plazas... lets hope people pay there rent instead of buying food
@kiput3647
@kiput3647 4 жыл бұрын
​@Todd m he's leveraged like everyone else in the 250-500 M range, the ones with more than a few Bs should be ok..it will be tough for small whales, much worst for others but the fun ride has ended, yes there will be debt relief but those loopholes you're talking about cant save the boat
@APerson-zf3rz
@APerson-zf3rz 4 жыл бұрын
You can sense the stress in his voice, hes in trouble. Even though the selling stuff thing is a joke for now theres always some truth behind every joke.
@phoenix-king779
@phoenix-king779 4 жыл бұрын
That’s the best jail I’ve ever seen. Fr tho good luck with it all
@anthonypsantos
@anthonypsantos 4 жыл бұрын
Almost like Escobars jail
@simeonwilson1930
@simeonwilson1930 2 жыл бұрын
watching this in November of 2021, and ben bounced back nicely. cant stop this man.
@ArthurMoore-ii8nn
@ArthurMoore-ii8nn 4 жыл бұрын
Damn. It's times like these when we get to see who's got the business survival skills. Hang in there Ben. We're rooting for yah!
@tde2019
@tde2019 4 жыл бұрын
“If there’s a freakin chicken or a fish in this damn oven I’m gonna get pissed” lmaoo
@ktranization
@ktranization 4 жыл бұрын
Ben, if real estate ever fails you could be a stand up comedian! :D
@calvin.miller
@calvin.miller 4 жыл бұрын
BEN....... You are a stallion! The world is dying for genuine people. You are one of the very few who can be yourself and still be successful. We all appreciate it!
@bodysbyeblinn9194
@bodysbyeblinn9194 4 жыл бұрын
To bad this wasn't a n April fool's joke
@nadirrabah6756
@nadirrabah6756 4 жыл бұрын
Well I'm he has cash reserves (for "vacancies")
@Zezimh1
@Zezimh1 4 жыл бұрын
@@nadirrabah6756 He takes collateralized loans against his preferred bank stock & muni bond portfolio to fund his transactions. Credit markets are getting obliterated. He's fucked if the bank margins calls him, hopefully some treasuries in there. Best case scenario is that he sells one his section 8 apartment buildings to cover his hotel bills, but then he gets a fat tax bill because he's been 1031ing for so long.
@MrPland1992
@MrPland1992 4 жыл бұрын
Eric M would you pay the taxes on the final property you sold or would it be the taxes from EVERY deal that came before it on that 1031?
@francogarcia599
@francogarcia599 4 жыл бұрын
MrPland1992 Evey deal i believe. That’s the point
@MrPland1992
@MrPland1992 4 жыл бұрын
Franco Garcia yikes. My first thought was to just pay it and start fresh but I forgot the whole point is to roll it over until you die. Sounds like a hell of a commitment.
@ryonwalker5287
@ryonwalker5287 4 жыл бұрын
I appreciate the transparency Ben. I hope there is a quick recovery for your businesses and things pick up soon...
@JUSTxBEINGxHONEST
@JUSTxBEINGxHONEST 4 жыл бұрын
I work for Hilton and was layed off ....the hospitality industry is a mess rightnow
@Financial.advice
@Financial.advice 4 жыл бұрын
which hilton?
@JUSTxBEINGxHONEST
@JUSTxBEINGxHONEST 4 жыл бұрын
@@Financial.advice ..durham nc
@JUSTxBEINGxHONEST
@JUSTxBEINGxHONEST 4 жыл бұрын
@mvubu1234 man i hope its less
@iLeGenDzZz
@iLeGenDzZz 4 жыл бұрын
Not Butters hey bud, sorry to hear about that. What did you do for Hilton? Were you corporate office or worked at one of the properties? I work in hospitality and got screwed as well :/
@JUSTxBEINGxHONEST
@JUSTxBEINGxHONEST 4 жыл бұрын
@@iLeGenDzZzi work a property..doing a whole bunch of things the company i work for owns 42 hotel between sc and va
@ChokyoDK
@ChokyoDK 3 жыл бұрын
Ben can never go broke. Even if he was to lose all his money he would still be rich with knowledge about business, and could get back to being rich.
@ziolan8970
@ziolan8970 4 жыл бұрын
Ben is showing a real issue though, there's no reason to keep 800 staff on hand in high tourist areas when the place isn't even making money, and this is going to make waves
@monkeyloven
@monkeyloven 4 жыл бұрын
exactly, can't afford to keep employees with zero cash flow.
@chrisragona3945
@chrisragona3945 4 жыл бұрын
The President is A real estate mogul. You don't think that he's going to make sure that people like himself AND Ben are going to make off like bandits on your dime? Think again.
@stevenwhite1263
@stevenwhite1263 4 жыл бұрын
Hi guys I don’t know what’s happening as in help from you government but here is what we have. I’m form the Uk If you are full time employed from any business affected by this virus you get 80% of your wage upto £25000 a year total payment so just over 2k a month (not bad wage for us) Self employed get about the same but it’s harder to get. This only applies if you are forced to close so all hospitality and tourism and none essential workers. Or people advised by the doctor to isolate. Not trying to piss on a wound but what help are you guys getting I am really interested
@Karan-vp7uk
@Karan-vp7uk 4 жыл бұрын
What he should fuck over 800 staff that have no other income? He has 300 million in real estate, so what if he looses 1-2 million. Boo hoo
@johnstutz4458
@johnstutz4458 4 жыл бұрын
You have no clue, he said his properties are leveraged.
@Commenting800
@Commenting800 4 жыл бұрын
Overweight, cigarettes, respiratory problems, old. He's corona's prime target. Stress from leveraging, stock market. I hope Ben makes it
@brenlogs3402
@brenlogs3402 4 жыл бұрын
some study's say nicotine actually helps prevent the virus but yes he is more susceptible hopefully he will be fine
@Wainfleetkx450f
@Wainfleetkx450f 4 жыл бұрын
Guess what... everybody dies
@azhalhalil9429
@azhalhalil9429 3 жыл бұрын
Few months down the line....he got it...he kicked its ass
@skyscourge5663
@skyscourge5663 3 жыл бұрын
I thought the same thing but he got it and didn't seem to do shit to him 🤣
@tttxnft3565
@tttxnft3565 3 жыл бұрын
@Get off your ass And make it happen Welcome to the tribe; shalom
@ogbsquared
@ogbsquared 4 жыл бұрын
Ben, if anyone could rebuild an empire, it would be you.
@dannyrocks8418
@dannyrocks8418 4 жыл бұрын
Bens losing his mind already being around his wife all day lol
@AdamDaley1
@AdamDaley1 4 жыл бұрын
I didn't realize how much of an impact this COVID-19 had until I watched your video. Having so much invested in real estate with no money coming in because tourism and retail is shut down... sucksssssssss
@cutdepiefails6596
@cutdepiefails6596 4 жыл бұрын
Imagine being over leveraged on airbnb tourism housing and just living out of it, big bills, no income, no bank friends, no nothing.
@Malvarez909
@Malvarez909 4 жыл бұрын
I enjoy this man's attitude, straight up no filter. Facts!
@johnsebastianbach
@johnsebastianbach 4 жыл бұрын
Guaranteed LA Fitness is still charging their customers their gym dues though.
@georgerules369
@georgerules369 4 жыл бұрын
They are
@mrLuckasman
@mrLuckasman 4 жыл бұрын
My gym paused payments
@JamesMyers230
@JamesMyers230 4 жыл бұрын
They bill me on the 11th of the month. Waiting to see what they do...
@joeyo9846
@joeyo9846 4 жыл бұрын
I thought golds would keep charging. Luckily, they stopped.
@ferrari4968
@ferrari4968 4 жыл бұрын
James Myers Realtor they will bill you but will not bill you for the first month back open, they sent out an email a few days ago about it.
@mso008
@mso008 4 жыл бұрын
That's the problem with having so much debt. I'm in resl estate, haven't heard from my tenants yet but have no mortgages and have a 12 month emergency fund.
@anthonyfam5469
@anthonyfam5469 4 жыл бұрын
mso008 Damn. So no one is paying rent. Crazy
@mso008
@mso008 4 жыл бұрын
@@anthonyfam5469 My tenants have paid April so so far so good. I'm living in Spain. Let's see how it goes.
@GreenOval_Adventurers
@GreenOval_Adventurers 4 жыл бұрын
@@mso008 What part of Spain? Shes going through a hard time too.
@mso008
@mso008 4 жыл бұрын
@Kush Hazard I've been in real estate for 20 years. Be very patient and don't leverage too much if it's going to be a rental.
@markofexcellence5209
@markofexcellence5209 4 жыл бұрын
Best of luck to you! You'll need it!
@darylsmith9318
@darylsmith9318 4 жыл бұрын
Ben, have you thought about contacting your mayor friend to have your hotels rented out to sick patients? In China the government turned hotels into COVID-19 housing.
@FirechickenExpress
@FirechickenExpress 4 жыл бұрын
And then one makeshift hospital collapsed.... so they couldn't rule the deaths as covid deaths....
@thehumanslimjim
@thehumanslimjim 4 жыл бұрын
@@FirechickenExpress only 10 died, I doubt they made it collapse just to take 10 of the tally.
@kkkiddy
@kkkiddy 4 жыл бұрын
FirechickenExpress lmao ur level of dumb is off the charts
@harbster2
@harbster2 4 жыл бұрын
I like your honesty Ben. There are too many bullsh!tters on KZbin offering fakery. You are keeping it real and telling it how it is.
@richardfittzwelllll231
@richardfittzwelllll231 4 жыл бұрын
Take your hotels and turn them into hospitals, anything that you can turn into a make shift hospital do it.... come on Ben make that MONEY!!!!
@isaacc3307
@isaacc3307 4 жыл бұрын
Lol u can't make a profit right now without everyone crying like sensitive bitches. Especially not hospital's. People are fkn stupid, they want to take away all incentives for people with money to help in any way.
@richardfittzwelllll231
@richardfittzwelllll231 4 жыл бұрын
@@isaacc3307 you are right... what sucks is a old mall or building would be better than tents saves time just put in beds in.
@paystyles5429
@paystyles5429 4 жыл бұрын
Richard Fittzwell lll Muney!!! (Per Ben) lol
@capitalizingondumbmoney1679
@capitalizingondumbmoney1679 4 жыл бұрын
Hospitals are going to make a lot of money for this... even if we dont pay the gov will stay safe
@DOUBLEDEFENSE
@DOUBLEDEFENSE 4 жыл бұрын
Richard Fittzwell lll you would need one or two hotels 🏨 small towns have more then that
@dstorage2198
@dstorage2198 4 жыл бұрын
Keep the faith bro keep calm no need to spike the blood pressure always worry about it later go swimming spend some time with the fam best a luck hope to see u soon Ben
@gregorychalmers2466
@gregorychalmers2466 4 жыл бұрын
I’m 62 and NEVER seen anything like this. Renters are a callin
@ndnrb_
@ndnrb_ 4 жыл бұрын
You’re 62 and you’ve never seen a government subsidized debt bubble?
@topcomment3816
@topcomment3816 4 жыл бұрын
Brandon 👆🏻Idiot
@adamp9348
@adamp9348 4 жыл бұрын
Uh no, 2008 was nothing like this. 2008 was a slow burn and didn’t see the majority of US businesses forced to close overnight. No one could have prepared for this.
@Sam-pn2kc
@Sam-pn2kc 4 жыл бұрын
Adam Fears 2008 was fuk all lol
@capitalizingondumbmoney1679
@capitalizingondumbmoney1679 4 жыл бұрын
This is worse that 08... things wont get better until the put a hold on the virus and that seems like a 6-12 months goodluck im pulling my 401k no penalties right now
@savewayadmin2085
@savewayadmin2085 Жыл бұрын
How many would show the stress of covid like this, Well done Ben, Admire your honesty. We all took a super hit,
@wv9529
@wv9529 4 жыл бұрын
Im in the hospitality business in greece , everything is falling apart as well , solidarity from Greece
@phoenix-king779
@phoenix-king779 4 жыл бұрын
W V dang Ben got a international audience
@antonioakiki3716
@antonioakiki3716 4 жыл бұрын
The One 21 yeah watching from sweden
@wv9529
@wv9529 4 жыл бұрын
@@ll5352 Κυκλαδες ,
@Picwajzzz
@Picwajzzz 4 жыл бұрын
kalispera Calimero
@yannismar
@yannismar 4 жыл бұрын
I am in kos At the blue Lagoon with Niko
@havefunoutthere6378
@havefunoutthere6378 4 жыл бұрын
Thank you for being honest and straight up. Respect.
@JBALLER02
@JBALLER02 4 жыл бұрын
Ben, you WILL pull through this and be more successful afterwards! It’s not about what happens to us, but how we react to what’s happening that determines are mental health during tough times.
@daevid21
@daevid21 4 жыл бұрын
Ben going through Carlas shoes was hilarious “oh my god... WE CANT SELL THESEEE, she beat the hell outta these shoes” 😂😂
@proonguice8386
@proonguice8386 4 жыл бұрын
approach hospitals/gov’t to offer overflow capacity in the hotel to non-covid patients if/when they need it. Good PR down the road.
@davidgrego4265
@davidgrego4265 4 жыл бұрын
GetTheFuck0ffMyLawn this. 👌🏽
@codeoutofpoverty9109
@codeoutofpoverty9109 4 жыл бұрын
will they help him financially?
@Oneofthemones1
@Oneofthemones1 4 жыл бұрын
Government contracts make people rich
@mikemike5973
@mikemike5973 4 жыл бұрын
@@codeoutofpoverty9109 yes it's what they are doing here in the UK at some hotels paying discounted prices ofcourse
@thasickest
@thasickest 4 жыл бұрын
This survived for 17 days on the Diamond Princess room surfaces when they tested for Coronavirus before they cleaned it was still there. Bad idea.
@BryceHolmgren
@BryceHolmgren 4 жыл бұрын
We’re rooting for you Ben!
@calofc01s
@calofc01s 4 жыл бұрын
I am willing to pay $0.62 for your hotels
@linusmlgtips2123
@linusmlgtips2123 4 жыл бұрын
I'll pay $0.55, but unlike you I'm going to put a $0.06 down payment to show that I'm serious :)
@povrtsux1
@povrtsux1 4 жыл бұрын
God bless you Ben. Hope we all survive this thing.
@garytrowbridge2637
@garytrowbridge2637 4 жыл бұрын
Well done Ben for having a laugh even when the shits hitting the fan.hope it works out for you brother.
@wildwoodtop
@wildwoodtop 3 жыл бұрын
I often get so frustrated with Hotel owners minutes before checkout Calling Or Standing @ my door Banging / YELLING "You've got five minutes to vacate Or we're going to charge you for another night"
@Motosmostwanted
@Motosmostwanted 4 жыл бұрын
Ben, if you need someone to come work for free I’m there! I love the channel and hate seeing all this crap go down. Screw the haters in the comments! Stay positive!
@paystyles5429
@paystyles5429 4 жыл бұрын
💯💯
@gonbyukandymaybe8049
@gonbyukandymaybe8049 4 жыл бұрын
You're doing good Ben (better than most), we're pulling for ya (ill be praying).
@wingman2k
@wingman2k 4 жыл бұрын
There is an investing phrase that goes something like "You dont know whos swimming naked until the tide goes out". Well the tide is out, we will see how naked Ben and others are
@investary0
@investary0 4 жыл бұрын
hope he didnt leverage up too badly..
@DaygoG
@DaygoG 4 жыл бұрын
Well theres a visual I didnt want.
@PrestigeNumismatics
@PrestigeNumismatics 4 жыл бұрын
@@investary0 these big fish are usually leveraged up to the max. They keep taking equity out to buy more and more.
@palillo2006
@palillo2006 4 жыл бұрын
@@investary0 I remember in a older video showing his finances. His rule was that he is not more than 50% leveraged. We will see if 50% is enough to get through this.
@wingman2k
@wingman2k 4 жыл бұрын
@Mason Presley I hate grant cardone
@jakes5530
@jakes5530 4 жыл бұрын
I was thinking the same thing, with Brady coming to Tampa, you could sell your place if things really dont work out. Youve got to have one of the nicest houses in all of tampa bay area, I’m sure it’d peak his interest.
@jakes5530
@jakes5530 4 жыл бұрын
Joe e i saw that like an hour after i posted my comment haha, bummer for Ben
@lexshaw9515
@lexshaw9515 4 жыл бұрын
@ Ben Mallah Get rid of all unnecessary staff. Stop all renovations Stop any activity that's not creating instant cashflow. This thing is going to drag on for a lot longer.
@uberdriver4808
@uberdriver4808 Жыл бұрын
i dont like seeing you like this Ben, but its 2023 and im glad yall got through it!
@santodeportes5946
@santodeportes5946 4 жыл бұрын
Hotel rooms will be used to quarantine folks Ben .call your boy Donny T from queens he got the hook up.
@Sam-pn2kc
@Sam-pn2kc 4 жыл бұрын
use them for Chinese whore house plenty of money
@paystyles5429
@paystyles5429 4 жыл бұрын
Sam Hines long tyme
@cryptopirate8880
@cryptopirate8880 4 жыл бұрын
Govt gonna rent hotels to quarantine
@Luxtravelforcouples
@Luxtravelforcouples 4 жыл бұрын
Crazy time for people in the Realestate game! Hustlers and people like Ben will maneuver this short storm..
@MaskedMageYT
@MaskedMageYT 4 жыл бұрын
big *BIG* ben you can handle this you have a river in ur back yard
@soulaimanraiss5543
@soulaimanraiss5543 4 жыл бұрын
He's financing most of his deals
@dco5055
@dco5055 4 жыл бұрын
@@suzyrottencrotch5132 If you really think he going to lose 300 million get out. This is where Ben is going to go around buying up properties at a way lower cost. Yes he has no income on certain properties but he has a bail out coming. Divide 2 trillion by all the legal US people that worked in 2019 doesn't even come close to the 1200 per a person. They giving the 99% of that 2 trillion to business owners like Ben.
@Bowlerguy92
@Bowlerguy92 4 жыл бұрын
When the video transitions smooth as silk from Ben's personal and financial turmoil to his wife showing off her absurd collection of designer shoes
@xrayded5037
@xrayded5037 4 жыл бұрын
It’s the first mortgages are due today! Well I own my business I won’t be able to pay myself tell I pay my employees as well also have to close down the business! I know that one day we will be back on our feet!!!
@lvthud
@lvthud 4 жыл бұрын
Yep, I haven't taken a paycheck in a month, I am doing everything I can to keep my employees employed, but I have about 10 days then I have to lay the majority of them off if the company is to be around when this is over. My main concern right now is to keep some money coming in for the employees, but, I see the companies cash balance going down every day, it's scary.
@anuj5857
@anuj5857 4 жыл бұрын
@@lvthud Wish you all the best...i hope you will survive..
@MaskedMageYT
@MaskedMageYT 4 жыл бұрын
you actually know or your just saying that to make yourself feel better?
@lvthud
@lvthud 4 жыл бұрын
@@MaskedMageYT I actually know. I am watching 25 years of work slowly fall apart, all I can do now is sit at home, watch KZbin videos, fix stuff around the house and make the occasional phone call. There is a vast number of people like myself watching their life's work disappear, for many of us, well we are far better off than most, but emotionally, it's ripping me apart.
@stevenwhite1263
@stevenwhite1263 4 жыл бұрын
dave smith Hi Dave I guess you are USA based. I am from the U.K. I am wondering what your government is doing to help you with you employees. Are they helping you subsidise there wages. I don’t wish to kick you whilst your down. I’m no keyboard worrier I’m asking out of interest and concern. Here we are been subsided for staff wages. They are paying 80% of wages upto 25k a year so just over 2k a month and that’s about enough to survive your not going to live but you will pay the bills and survive. This applies to employed and self employed (self employed harder to fit the requirements) if your forced to close or come under none essential work then it applies so if your a drive way fitter you get it farmers don’t as they have to work to provide food. Unless you have to self isolate then you get it regardless.
@TheWorldofBlinky
@TheWorldofBlinky 4 жыл бұрын
Good to see someone real hurting just like all of us! hang in there mate, we are ALL in the same boat! God Bless America!!!
@desr6991
@desr6991 4 жыл бұрын
This is all showbiz,.....I,ll sell my wife’s shoe collection😎......He,ll just renegotiate with the banks,get the lawyers in,tenants will have deposits in place.....Return the cars,refinance any equity ,....at much lower interest rates.........Nobody has to work on street corners or a strip club......Ben,I wish you well,but your a tough mother,and you,ll certainly get through this.. Another you tuber Manny Koshbin...looks like he may be heading for the same shopping mall as you,but in a much nicer car..
@123mcgarrigle
@123mcgarrigle 4 жыл бұрын
Fuck, this grammar raped my brain.
@derrickforeal
@derrickforeal 4 жыл бұрын
Covid19. The fall of ben mallah. ... Yea. Dont think so. His cushion is thick enough to keep himself afloat through 30 years of covid19. Mallah ballahs unite
@jshaw6600
@jshaw6600 4 жыл бұрын
On the flip side, his "thick cushion" may be the death of him
@derrickforeal
@derrickforeal 4 жыл бұрын
@@jshaw6600 might just be
@Kingirv89
@Kingirv89 4 жыл бұрын
My friends this is why u must be careful with the interest only loans. Ben loves to preach about them but now hes screwed. Sorry man
@15nate
@15nate 4 жыл бұрын
Irv Irv he’s in a better position than other borrowers as long as he doesn’t need to renew anything during the crisis. His monthly payments are lower since he’s on the hook for principal and interest rates will stay low until we’re completely out of this mess. He’ll be able to refi when the country is open and his properties are cash flowing again. He has 35%+ down payments and all of his properties are value add.
@Kingirv89
@Kingirv89 4 жыл бұрын
@@15nate that's if he can continue to make his monthly payments I'm sure hes got some money saved up, and yeah hes probably better off then other borrowers but hes not better off than the person that kept it a little bit smaller and is not leveraged at all 🤷‍♂️
@capitalizingondumbmoney1679
@capitalizingondumbmoney1679 4 жыл бұрын
Irv Irv he wont have to pay just like all the people that have mortgages... every body is going to defer their loans banks would tumble if they for-closed everybody and plus the gov wont allow them too 👍🏼
@15nate
@15nate 4 жыл бұрын
Irv Irv If he went all cash from the beginning he wouldn’t be anywhere close to where he is today. With leverage he’s allowed himself to exponentially increase cash on cash returns, buy bigger properties, and increase deprecation write-offs each year. Pretty sure Ben takes advantage of cost segregation and bonus depreciation on his properties too. The hotel industry will pick up. Once the lockdown is over everyone will want to travel and go on vacation again.
@Kingirv89
@Kingirv89 4 жыл бұрын
@@15nate again I just said this is why you should be careful not everyone is set up like ben some people are not going to be able to take this hit like him, even still you can tell hes stressing for a reason
@bobbytecer7888
@bobbytecer7888 4 жыл бұрын
Ben! In this time of crisis you need to be the voice! Now is the time you share your thoughts and priceless advice!
@nsameer
@nsameer 4 жыл бұрын
*Points at castle* “I’m in jail right now!”
@gullprint7522
@gullprint7522 4 жыл бұрын
#LifeForSale #BenMallah #HotelCrissis
@questionmark1152
@questionmark1152 4 жыл бұрын
Some of you people crack me up. Ben is going to be perfectly fine. You all need to worry about yourselves.
@mertpala162
@mertpala162 4 жыл бұрын
Mallah has a heart of gold
@adam3d851
@adam3d851 4 жыл бұрын
The wife is now the BOSS LOL She's got leverage on him... it's called DIVORCE haha
@zsomborabraham2046
@zsomborabraham2046 4 жыл бұрын
He probably signed a prenup with her. At least hope so lol.
@mochopz
@mochopz 4 жыл бұрын
Mgtow Feminism ruined society
@Seaton1518
@Seaton1518 4 жыл бұрын
@@zsomborabraham2046 110% prenuped her
@emailercc3565
@emailercc3565 4 жыл бұрын
what exaclty is she gettting, ben said it himself, hes leveraged. by the time all is done she will inherit properties that need to be paid. so debt
@brandonlifefamily8331
@brandonlifefamily8331 4 жыл бұрын
She will divorce him for another guy in the same boat? Ya right. Not anyone with big money right now that isn't hurting a little. I bet Ben had money in the bank anyways which will keep him afloat. He is just pissed about the loss of the 6 million in hotel income this month, you got to read through the lines.........
@vinsderiz
@vinsderiz 2 жыл бұрын
15:01 That was one of the most classic "Door Close" and "Adios Amigos"
@RoadRunner-yu8cu
@RoadRunner-yu8cu 4 жыл бұрын
if that's "Jail" what do I have to do to get arrested? looks more like a Country Club Resort to me...come on bro, a Lazy River that runs around your house? Sign Me Up!
@mylove1618
@mylove1618 2 жыл бұрын
Raval got the beer first. Respect
@transformed613
@transformed613 4 жыл бұрын
Ben I was really hoping your wife would say sell what every you want of mine, I am with you!
@TemplarX2
@TemplarX2 4 жыл бұрын
His wife is really superficial. He should have married a Jewish woman.
@cosminmoflic8319
@cosminmoflic8319 4 жыл бұрын
Ben I really appreciate the video! I know it's easy to make videos when things are really going your way but it takes a lot of character to make a video when things are nasty. I wish you all the best and I hope things are getting better for you soon!
@brad265
@brad265 4 жыл бұрын
I've been wondering how you guys were doing. Looking forward to the update but sorry you're going thru this. Part of business.
@CreativeMonsterx
@CreativeMonsterx 4 жыл бұрын
Ben you're a good guy! I hope you, me and the country can pull through this!
@realfreedom8932
@realfreedom8932 4 жыл бұрын
Looking forward to this podcast
@CoreyChambersLA
@CoreyChambersLA 4 жыл бұрын
In good times and in bad, Ben is the best.
@hendrixlp1970
@hendrixlp1970 4 жыл бұрын
"I'm going to be sitting around with all of this real-esates and nothing coming in...Idk...I feel sorry for a lot of people right now." That's Ben right there. Humble.
@JakesLifeCast
@JakesLifeCast 4 жыл бұрын
Thank you for keeping it real and showing this side
@samdavismtg20
@samdavismtg20 4 жыл бұрын
Last April when the yield curve inverted, analyst warned recession with 12-18 months.
@jordanl5341
@jordanl5341 4 жыл бұрын
But not to a black swan.
@willythewave
@willythewave 4 жыл бұрын
Man that sucks balls. It`s gotta get better soon Ben. Bless you man.
@jetspray3
@jetspray3 4 жыл бұрын
This covid 19 is really screwing up things right now. I hope this thing goes away as soon as possible.
@garretthenning8262
@garretthenning8262 2 жыл бұрын
little did we know
@tylergamester2179
@tylergamester2179 2 жыл бұрын
I love this episode. I often go back to it to get motivation about the future.
@MsWillita8
@MsWillita8 4 жыл бұрын
I just learned about Ben Mallah today, and he gives the chill vibes like Pablo Escobar 😂😂
@franciscocorado3220
@franciscocorado3220 2 жыл бұрын
I lost it when he said Michael Kors he’s not worth anything 😂😂😂😂💀 and then said forget about the shoes there’s no money here lmaoooo glad to know things have gotten better these days.
@oscarferreira1
@oscarferreira1 4 жыл бұрын
Are you guy's going to introduce Carla's Sister ou whomever her lady friend is...?
@jackreston8188
@jackreston8188 Жыл бұрын
He's gonna sell his wife's shoes. Absolute gold.
@ramsesnava8946
@ramsesnava8946 4 жыл бұрын
6:21 Lmao "we're going to be really doing Life for Sale"
@jojo2.092
@jojo2.092 2 жыл бұрын
I Thank the lord the day I was marking realstate deals and this show came on. I've watching this for years
@Sasha0406
@Sasha0406 4 жыл бұрын
Ben: "H? That's that Hermy bag." 😂
@ruos3033
@ruos3033 4 жыл бұрын
🤣🤣
@Cardroid
@Cardroid 4 жыл бұрын
Keeping it real.. that’s what makes your channel unique. Thx.
@Hazunaki666
@Hazunaki666 4 жыл бұрын
This man wont fall. He simply stumbled a little cause life got in the way. :)
@Eliscio
@Eliscio 4 жыл бұрын
I'm glad i left the buildings behind... Online retail is the best and once you advertise right, its over even for the "Big retailers"
@KenRobinsonchannel
@KenRobinsonchannel 4 жыл бұрын
This is why you diversify your income streams!!! Don't create a lifestyle that completely relies on one part of the economy.
@28Rolex28
@28Rolex28 4 жыл бұрын
How much are you worth Mr. financial advisor?
@diabloiii9766
@diabloiii9766 4 жыл бұрын
You have no bearings to make such a statement. He is one of the most diversified investors that is not a billionaire or celebrity.
@thomasdidomenico4556
@thomasdidomenico4556 4 жыл бұрын
“Like me, I’m in jail” *pans the Camera over one of the biggest pools on the west coast*
@klondikeconan8833
@klondikeconan8833 4 жыл бұрын
Hey there Ben, I am a General Contractor in Washington state. I am losing my business, I feel so sorry for you, I'm peanuts your gold and its affecting both of us.. love your videos
@covert_upsetter
@covert_upsetter 4 жыл бұрын
klondike conan hope you get through it man!
@Cards36555
@Cards36555 4 жыл бұрын
Very sad too see. I hope Ben keeps above water and im looking fwd to his videos as he treads.
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