How “Buy and Hold” Real Estate Will Make You Rich

[@walterjohnson2429]

I’ve done hold for 30 years. No debt on ten doors. All good income. Single houses. Best time to buy? Twenty years ago. It works. Retired now. 😊

[@PristineMindset]

Great advice so if someone buys now, their 20/30 years will come 🎉 so time will be an early investors friend and business partner

[@REINationLLC]

that sounds great! Time will make a huge difference. If investors can be patient, a handful of homes - or two handfuls - can make a significant difference.

[@christinasmith5373]

That’s exactly the strategy I plan to employ! I’m not interested in being rich just want to have a better life style at retirement then possible if just on SSI, and to leave something of value behind for my children to do the same.

[@rodramos642]

I could not agree with you more! That’s exactly what I hope to accomplish. Good luck

[@REINationLLC]

It does not take a large portfolio to have an impact on how you are able to retire. Less stress, more options or even more $$$, it only takes a handful of home to make a big difference. Good luck to you

[@RandyDandy652]

Thanks for this vid. I like how this guy had a job outside of Real Estate investing and said that he was "using time" to make the returns back. This is something that really interests me and I'm excited to learn more

[@REINationLLC]

To me time is the most important ingredient. If you can earn an active income in a year and during that year you own assets that also produce an income and you spent relatively zero time on them, that is a repeatable model to build both income and net worth. Real estate is the one asset you can legally borrow from the govt. to make your $$$ go further. Good luck to you

[@jasonjosephlee]

I think it's good to hold but also good to trade up when given the opportunity. Adding value to a new property always helps.

[@REINationLLC]

I don't disagree although I think trading up is a nuanced decision based on performance and not necessarily just a step that every investor has to take. That being said, when the circumstances are right, it is 100% the right step to take.

[@duneme]

I bought 4-Houses (in CA in 2009-2011!) Doing a 1031 right now. Selling 1 and buying 2. Adding about $100,000 cash. New houses are in AZ! Will require less work from me!!! I’ll get about $1000 more a month! Will get at least another $10,000/yr I. Depreciation expense I can write off!

[@silvermoneydude2044]

Be careful not to overpay prices and rents are coming down

[@ChanceStemMovingMaryland]

That's awesome! Keep rocking and rolling! If you ever need any funding let me know. Happy to help!

[@REINationLLC]

Love this - best of luck

[@hppavilionf50]

Buy and hold has huge benefits in California thanks to Prop 13 which caps property tax increases at 2% per year (excluding any voter approved tax increases or bonds or if the property undergoes significant improvements). Property owners that have held for 10+ years are paying significantly less in property taxes than those that bought today.

[@MattTheMortgageGuy]

Not to mention average appreciation of 6.77% over past 39 years… big appreciation on big prices = big equity

[@youtubecarspottersguide1]

yes love my multi units bought in 2001 thank you prop 13 ....love my low property tax bill

[@SoloAdvocate]

Of course, subsidize those who add no value. Sounds like a good plan... anyways I wonder why California is basically unlivable and people are fleeing in droves...

[@ProbateandTrustHelp]

We began our real estate investment by flipping. Once we had enough income we started buying/holding 13 years ago in San Diego county. We own 12 rental doors and our personal residence. We now over half of the properties outright and make a great income. Enough that my husband is retired and I am work optional although I enjoy my boutique real estate brokerage; I'm still working.

[@benjamingamboa5727]

Hi. I also live in SD and own a couple of properties. What part of SD did you and your husband invest in, and which parts would you recommend going forward?

[@REINationLLC]

That is amazing and a great example of simply investing one property at a time can lead to amazing results!

[@duneme]

I’m buy and hold!

[@PropertyCastYouTube]

Thank you for sharing your valuable information.

[@travis7974]

Dave you're awesome! Keep it up!

[@Clearcolourent]

Best method overall.

[@delontamcclain4571]

Thanks Dave & Chris, much appreciated

[@BrianOgilvie79]

Cashflow free and clear is an amazing strategy for wealth accumilation. If you own several rentals free and clear you have options. Save that cash and roll into other properties or accumilate cash and use it to fund your lifestyle doing as you wish and when you want. Imagine living off 50k and having 150k of net income every year. 🎉🎉🎉🎉

[@johnc1014]

My plan is simple. 1) Buy enough properties to replace my income (plus a little extra) if they were all paid off. 2) Stop buying and start paying off the debts on a debt snowball method like Dave Ramsey talks about (just with real estate instead of things like credit card debt). 3) Live how I want with regular work being optional. A lot of people push the idea of not paying off your debts yourself. Let your tenants do that with their money. They especially push this if you have a low interest rate. The debt really isn't costing you anything. That's great, except it is tying up money that you would be using as passive income. I could not pay a dime of my own money, get the properties paid off in 15 or 30 years, and then live great. But, I want it faster. And, I'd be paying a lot more interest over that entire timeline. Also, I still pay one of my mortgages from my regular budget. Once I pay that property off my expenses go from about $3,600/month to $1,600/month. It doesn't take many properties to get me well beyond that number.

[@stevend481]

And you're tying up money paying down principal that could be used to buy more investments

[@REINationLLC]

I was glad to read the last sentence because you are correct. It does not take more than a handful of properties to make a huge difference.

[@02nupe]

This is Quality content! #LongTerm

[@maleekrichardson8993]

Hey sir! Im Maleek Richardson I know this probably isn’t professional but I want to know how to find buy and hold investors because I’m a wholesaler who comes across cash flowing properties all the time but I can’t wholesale them because they ask for to much. How do I find investors who do specifically buy and hold like your self

[@joeybarbosa9812]

I'm on the fence with one of my properties. I want to sell it to pay off another property and keep a low overhead incase we have a catastrophic collapse. But this house it's in a highly appreciating area and huge game changing development within walking distance breaking ground this year and we have a 3.25% 30 yr fixed. I can cash out with a 380k tax exempt gain or hold it, continue to develop it (i can build 3 more units on it) and cashflow in the meantime. Anyone feeling nervous about being over leveraged if a crash does happen?

[@youtubecarspottersguide1]

yes buy hold goes up over time , than doing a quick ,cheap flip and run , make a buck today and pay captain gains

[@maalikserebryakov]

You should do both especially when ur young you don’t want to wait 10 years for the money to build up.

[@youtubecarspottersguide1]

@@maalikserebryakov I hold for long term

[@Clearcolourent]

​@@maalikserebryakov cant argue that. Definitely should mix in some flips If you can. Good point.

[@mlbonfox8199]

Ty

[@michaelchawkins]

@Chris random question, what brand is your quarter zip?

[@REINationLLC]

Ha! I can talk real estate all day long but did not expect a question about my pullover! It is Genteal brand. Best to you -

[@damonaniton]

There are so many complicated scenarios people use as investment strategies. But at the end of the day this is all it comes down to. Multiple paid off properties can replace your w2 income in 15-30 years max once they are paid off.

[@02nupe]

AGREED!

[@billythompson6886]

If I have $100,000 to invest. Should I put it in a 6% CD or buy 1 House for $200K and put $100K down or buy 2 Houses for $200K each but only put $50K down on each?

[@adanam6377]

2 🏠 🏠😂

[@stevend481]

Why would you put 50% down on a property

[@knahknoh]

What are your goals? First answer that.

[@Viablevinegar]

I feel like the less money that comes out of your own pocket the better. You could put 10-20% or less down on 3-4+ houses and let your tenant pay off your mortgage and keep money in an account for repairs or vacant properties where you have to cover the mortgage. I'm still new to real estate investing but it seems like the less money you spend the better. Doesn't seem like the best option to pay 50% down when you could put down a lot less and let your tenants pay it off for you. Then take equity out of the homes 5-10 years or so down the line to buy more properties.

[@DanielDoesRentals]

Great video Dave. I just recently made a video talking about this exact thing... I am a long term "buy and hold" and collect cash flow investor. My market has low appreciation and high cash flow, but the appreciation does not really matter to me because Im holding on to these properties for the cash flow for the foreseeable future. The only time its going to matter to me is when the note is paid off and I go to refinance it again, to pull out equity for another deal.

[@MattTheMortgageGuy]

I’m going to go check out your channel, i love seeing real case studies of people winning with real estate

[@DanielDoesRentals]

@@MattTheMortgageGuy Sweet, thanks! Im just starting off making videos, so if you are use to bigger pockets quality i apologize in advance!

[@MattTheMortgageGuy]

@@DanielDoesRentals​​⁠videos are great! It’s more about content than video quality honestly. I’ve been making videos on KZbin for a decade. I started off on my phone and no mic… just trying to get better everyday

[@DanielDoesRentals]

@@MattTheMortgageGuy I appreciate the feedback!

[@G00Btastic]

luck makes you feel like a genius

[@chrissprague4025]

How do you think 3d printed homes and AGI will effect home values and real estate investing?

[@andreycham4797]

Scammers do not matter

[@maalikserebryakov]

Make real estate cheap as shit. A permanent Bear market

[@TK-gd9td]

It’s about location. The home itself doesn’t matter. It’s like how in Saudi Arabia, Singapore and certain countries there is a car license plate market with plates worth more than American homes because the demand for certain ones is so high. Same with most geographic real estate locations there will always be certain high demand locations worth high prices. Now which areas are in high demand can certainly change over generations, just like the Midwest was a boom in Industrial Revolution and now they are ghost towns. Which specific areas are in high demand are speculative but for sure there will be a high demand area with very high prices.

[@Mr.J2UMF]

I'm not even thinking about quitting my two delivery jobs, once I'm overwhelmed yeah. BUY REFI DIE

[@coreyplummer3478]

Such good honest advice

[@piRatCaptain]

What if I'm 65 and just getting into real estate?

[@mlbonfox8199]

Why???

[@jennifertang9562]

You’re never too old to expand your wealth. People are living longer and everything keeps going up. The more you can invest the better.

[@rodramos642]

Has anyone used REI National to invest

[@silvermoneydude2044]

Do your homework and find out their holdings and be careful in commercial RE it's crashing hard.

[@mlbonfox8199]

Contradicting…. Nice girl math by the guest btw

[@TheRealTommyBear33]

if only i had the money to start buying lmao. they always so many videos make it sounds easy like we all stupid for not owning multiple houses..

[@JGardner_Properties]

It's very easy to buy houses. Very very very.

[@elfuturomio]

Unrelatable 🤣

[@SoloAdvocate]

"How to be a drain on society without adding any value 101"

[@AshleySpeaks4U]

"How to hoard homes for personal gain and further the destruction of the American Dream for yet another family." Disgusts me. A crash IS coming, folks. Buy-and-Hold only works when home prices are sustainable. Current prices are not sustainable. Current rent is not affordable-so how are you going to "hold" a home that you paid too much for so it made your rent TOO HIGH??? It's falling apart.

[@-Jason-L]

As my old boss told me, "we were saying that in silicon valley 20 years ago. The crash didn't last long"

[@HappyPenguin75034]

Why do you think everyone bought in last couple of years? That’s such a small number. People own homes for many years. That’s why they aren’t selling!

[@stevend481]

If you're holding for the long term then you don't care about little crashes. Rent doesn't go down. Tenant still pays rent. Still get cash flow. Ride out the storm. Real estate goes up in the long term. Are you new?

[@510gorillaman]

​@stevend481 Thats the problem 😂 tenants don't pay rent and your still footing the bill smh 🤦 Don't assume take calculated risk only.....Assuming your rents will be paid will have u in the red / While owning out right u can ride whatever storms the market throws 😉

[@stevend481]

@@510gorillaman screen and get good tenants. Or evict them. They don't want an eviction on their record

[@JulianKidd]

@reination Chris!