How To BUILD WEALTH Through Real Estate - STEP BY STEP

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Minority Mindset

Minority Mindset

Күн бұрын

Пікірлер: 294
@MinorityMindset
@MinorityMindset 3 жыл бұрын
🛑BEWARE OF FAKE MINORITY MINDSET SCAMS IN THE COMMENTS🛑 If you enjoyed this video, you should watch - How To Buy Your First Rental Property: kzbin.info/www/bejne/o6qbhJ6Lj7amhLc
@JamesSmith-fl4gq
@JamesSmith-fl4gq 3 жыл бұрын
♥️ Jaspreet, you give a whole lot of financial advice to people when you're not a satisfied financial expert, you're doing a great job. I need a financial expert who can help me acquire a strong portfolio, can someone help me with one?
@henryrobinson4678
@henryrobinson4678 3 жыл бұрын
@@JamesSmith-fl4gq I have a financial expert named Robert Johnson, I found him in a conference in Texas, so I got his info and we started our awesome partnership, now I had acquired a strong portfolio
@JamesSmith-fl4gq
@JamesSmith-fl4gq 3 жыл бұрын
@@henryrobinson4678 how does your financial expert help you make a lot money?
@henryrobinson4678
@henryrobinson4678 3 жыл бұрын
@@JamesSmith-fl4gq I reinvest consistently with Sir Robert Johnson a license body of a broker firm. I operate an exclusive package and so far I have compounded $99700 just with $19200.
@JamesSmith-fl4gq
@JamesSmith-fl4gq 3 жыл бұрын
@@henryrobinson4678 That's great, can I reach your financial expert on Whats ✔️app ??
@sikhpilot.
@sikhpilot. 3 жыл бұрын
Who needs bloomberg when you have Minority Mindset. Real talk updates
@financemadesimple-personal2086
@financemadesimple-personal2086 3 жыл бұрын
for real, plus bloomberg has agendas and Jaspreet doesn't
@financemadesimple-personal2086
@financemadesimple-personal2086 3 жыл бұрын
@Pat O'Neill I have watched him for about two years and he seems to be content with KZbin ad revenue.
@maakhina4595
@maakhina4595 3 жыл бұрын
Yes sir.. yes sir
@schuylerphilips3226
@schuylerphilips3226 3 жыл бұрын
@James Gilmore I'm interested in acquiring a strong portfolio but I need a financial expert, can I know how your financial expert helps you make money.
@geraldtroy4145
@geraldtroy4145 3 жыл бұрын
@James Gilmore I'm grabbing this opportunity, if you don't mind can I get to your financial expert on Whats✔️app
@FrontPageFinance
@FrontPageFinance 3 жыл бұрын
Everyone in America should have an emergency fund with 3-6 months worth of income. What people don't realize though, is that once you become a business owner or you own real estate as an investment, that you need to include the necessary expenses, and possible lack of cash flow when the business isn't making money or when the property isn't rented.
@kirisutegomen12
@kirisutegomen12 3 жыл бұрын
Right. You really need to take that into account
@RB-je3yj
@RB-je3yj Жыл бұрын
This why I don't invest in physical real estate! ETFs all the way! No renter no money, renter leaves you have to make repairs and find a new renter more money out of pocket! Clogged drain or appliance needs repairs more money out of pocket! Dividends every month!!! This why I only invest into ETFs!!! I cash flow about $2k in dividend income.
@rammohammed6821
@rammohammed6821 3 жыл бұрын
Real Estate,Forex,crypto,stocks, property that's where I make my multiple streams of income.
@waydwnbama-way3089
@waydwnbama-way3089 3 жыл бұрын
Scary part is when Government says hey you dont have to pay rent we're in a national emergency this year and bank says pay up or else.
@Bonanzoo
@Bonanzoo 3 жыл бұрын
Not if you own the home in full
@financemadesimple-personal2086
@financemadesimple-personal2086 3 жыл бұрын
that is why I am holding up on investing, tenants can take advantage even if they are not affected.
@FinancialShinanigan
@FinancialShinanigan 3 жыл бұрын
Starting my day right with Minority Mindset!
@katwilliams2950
@katwilliams2950 3 жыл бұрын
I really appreciate that you use examples that are affordable to the average person living in like the Midwest.
@financemadesimple-personal2086
@financemadesimple-personal2086 3 жыл бұрын
Who else is waiting prices to drop to invest in real estate or for the eviction moratorium to be lifted?
@nczioox1116
@nczioox1116 3 жыл бұрын
I feel like it would take long to recoup my investment if i bought now vs later when the market calms down
@financemadesimple-personal2086
@financemadesimple-personal2086 3 жыл бұрын
@@nczioox1116 makes sense
@Thisisit2714
@Thisisit2714 3 жыл бұрын
It won’t be as bad as 2008 since people still have jobs
@GxGNoir
@GxGNoir 3 жыл бұрын
I think that’s a terrible idea. People have been waiting for this miracle crash since like 2016 and continuously miss out. Trying to time the market you will just lose time in the market. However, this particular market is an exception imo. Probably best to wait until people stop paying way over asking price. I don’t think prices are going to suddenly tank, just that people won’t be paying over asking price like this anymore
@financemadesimple-personal2086
@financemadesimple-personal2086 3 жыл бұрын
@@GxGNoir I'm confused..... you say its a terrible idea yet you say its best to wait......
@sagemathew9740
@sagemathew9740 3 жыл бұрын
Thank you. I learned more from you than many seminars on this topic. I appreciate it. Keep Husltin'!
@MrShisafreak
@MrShisafreak 3 жыл бұрын
leam how to trade cryp(to from experts. For free gu!dance on cryp!to triad!ng messagee Charlie Pratt on te!!gramm @Charliepratt
@LifeofKairo
@LifeofKairo 3 жыл бұрын
I started my real estate journey with rental arbitrage and Airbnb flats. This helped me make good money from real estate _without needing to own any property myself_ 😉
@kristennicoletti713
@kristennicoletti713 3 жыл бұрын
Do you have videos about this? I'd like to learn more about how you pick properties and what issues you have run into.
@LifeofKairo
@LifeofKairo 3 жыл бұрын
@@kristennicoletti713 Sure thing Kristen I've got a few vids on my channel about how to get started and the mistakes to avoid :)
@zoyahallman1343
@zoyahallman1343 3 жыл бұрын
Thank you, I learn from you every day. Lived in America for 16 years from Russia, your knowledge is very smart, I listen to you every day, your experience and your wisdom. THANK YOU!
@financemadesimple-personal2086
@financemadesimple-personal2086 3 жыл бұрын
this is one of the best channels to learn from
@smith8709
@smith8709 3 жыл бұрын
When I got the actual fact about salaries was during the lockdown. Salaries don't make you rich. I went into Trading just last year I say I bought my first house in the beginning of the year. Then realised I wasted a lot of time
@dixonjohn9614
@dixonjohn9614 3 жыл бұрын
Congrats, I believe good investment pays once you're able to take the risk. Last year taught us a lot. Happy for you man
@hillcathy6646
@hillcathy6646 3 жыл бұрын
That's amazing, how profitable is your trading?
@smith8709
@smith8709 3 жыл бұрын
I trade Stocks, it wasn't easy going when I started but through the right personnel I was able to build and grow. I earn thousands weekly trading
@masonveronica6762
@masonveronica6762 3 жыл бұрын
I'm glad is working for you congratulations
@mcintoshchristina642
@mcintoshchristina642 3 жыл бұрын
Started trading stocks last year and my story hasn't been great, lost nearly $20k in investment. Just had to take a few steps backwards.
@MrsBFinesse
@MrsBFinesse 3 жыл бұрын
Good teaching! Did you have a good tecaher in your life, since its Teacher Appreciation week what you tell your favorite teacher today?
@timothyperkins178
@timothyperkins178 3 жыл бұрын
Absolutely love this channel. Keep up the strong work.
@kenyen_life
@kenyen_life 3 жыл бұрын
Can you do a video on how to get an out-of-state rental property? How much of the rental team should be in the state of your property? R.E. Agent, Property Manager, and Contractor all make sense for them to be in-state and I'm guessing the Attorney too since each state has different laws with property and each state is either tenant-friendly or owner-friendly.
@boddilyfluids
@boddilyfluids 3 жыл бұрын
Careful, jaspreet. In my state 4 unit apt buildings is comercial. Three unit is the largest you can get residency exemptions from and the largest that count as 'residential'
@channi58
@channi58 3 жыл бұрын
Commercial is way more income from rent usually but 4 flats zoned commercial sounds crappy. Stay away go for commercial units.
@stevenanderson7194
@stevenanderson7194 3 жыл бұрын
Who knew I could become an expert in real estate investing in 20 minutes?!?! Thank you, Jaspreet!
@MinorityMindset
@MinorityMindset 3 жыл бұрын
🥑🥑🥑🥑
@carlosalfaro2465
@carlosalfaro2465 3 жыл бұрын
Beautifully Sumarized:)
@byronlaw6724
@byronlaw6724 3 жыл бұрын
@@MinorityMindset Guac, guac, guac, guac....If it guacs like a duck, it's a freak of nature...because ducks don't guac.
@Je.rone_
@Je.rone_ 3 жыл бұрын
real estate in my area is so hard to find, everybody id buying buying buying
@delbomb3131
@delbomb3131 3 жыл бұрын
That's everywhere now. To many people preaching the gospel of being a landlord.
@mohitnikumbh593
@mohitnikumbh593 3 жыл бұрын
You missed the refinancing part. That's the best part of this game for me.
@camillemedina9920
@camillemedina9920 3 жыл бұрын
Thank you
@minoritymindset2204
@minoritymindset2204 3 жыл бұрын
T•h•a•n•k•s f•o•r t•h•e c•o•m•m•e•n•t t•e•s•t m•e o•n W•h•a•t•s•A•p•p f•o•r m•o•r•e s•u•p•p•o•r•t +1 • 4 • 0 • 4 • 3 • 4 • 1 • 1 • 4 • 5 • 3
@vickyt1191
@vickyt1191 3 жыл бұрын
Thanks so much for what you do!
@patriotcapitalinvestor
@patriotcapitalinvestor 3 жыл бұрын
People who own just there own house on average have a much higher net worth than people who rent. Investing in real estate is one of the best ways to build wealth, but it does take a lot of work.
@mr.marketoriginal3808
@mr.marketoriginal3808 3 жыл бұрын
One of the best places to get knowledge to build wealth is this!
@crownsofseven0281
@crownsofseven0281 3 жыл бұрын
Do a video on roofstock please
@bigd3721
@bigd3721 3 жыл бұрын
the only attorneys i trust are the ones with a full beard 🧔
@financewithian2052
@financewithian2052 3 жыл бұрын
I own REIT’s right now, but the long term goal is to own real estate!
@tomTom-lb5cu
@tomTom-lb5cu 3 жыл бұрын
Less hassles REITs . Me too
@kristennicoletti713
@kristennicoletti713 3 жыл бұрын
I am in the same boat. I like REIT's a lot but I think I'm almost ready to graduate to the next investing level.
@financemadesimple-personal2086
@financemadesimple-personal2086 3 жыл бұрын
REIT's are great, not tenants or problems
@kirisutegomen12
@kirisutegomen12 3 жыл бұрын
Real estate is great, but you need to put some real work
@Rshen11
@Rshen11 3 жыл бұрын
REITs all the way!! Made a killing
@redemptionsong8086
@redemptionsong8086 3 жыл бұрын
So do u use the BRRRR method? Thinking of buying the book to learn the details of investing in Real Estate.
@rentospropertymanagementso4895
@rentospropertymanagementso4895 3 жыл бұрын
The great part I loved was about the area of the property where you are spending the hard-earned money. Thank you for the very helpful information shared.
@helloween76
@helloween76 3 жыл бұрын
Great video!!!!!
@rosarioescobar8255
@rosarioescobar8255 3 жыл бұрын
Great content
@michealfrai154
@michealfrai154 3 жыл бұрын
When I got the actual fact about salaries was during the lockdown. Salaries don't make you rich. I went into Trading just last year I say,I bought my first house in the beginning of the year. That's when I realised I wasted a lot of time.
@danielfoster4093
@danielfoster4093 3 жыл бұрын
Congrats,I believe good investment pays once you are able to take the risk.last year taught us a lot .Happy for you man.
@clintonpark3095
@clintonpark3095 3 жыл бұрын
That's amazing,how profitable is your trading.?
@michealfrai154
@michealfrai154 3 жыл бұрын
I trade Stocks,it wasn't easy going when I started but through the right personnel I was able to build and grow..I earn thousands weekly trading.
@brianchrist3474
@brianchrist3474 3 жыл бұрын
Started trading stocks last year and my story hasn't been great, lost nearly 35k in investments. Just had to take a few steps backwards
@brianchrist3474
@brianchrist3474 3 жыл бұрын
Would like to communicate with you. Any helps or tips on how to be profitable will really help.
@mayangirl3757
@mayangirl3757 3 жыл бұрын
can you do a 1031 exchange to pay down mortgage on another property you already own?
@byronlaw6724
@byronlaw6724 3 жыл бұрын
I'm just a random guy on the interwebs, but as I understand the Starker deferred "EXCHANGES" (aka 1030 exchanges), the answer would be no. I believe the funds must be used to purchase a similar or better kind of property and it has to be done within a certain period of time.
@mayangirl3757
@mayangirl3757 3 жыл бұрын
@@byronlaw6724 🤔
@andreblake3563
@andreblake3563 3 жыл бұрын
@minorty mindset Thank You 🙏🏿 for the work that you do.
@Jayraj073
@Jayraj073 3 жыл бұрын
Jaspreet, can you provide some advice for those of us in the california market (LA area). It kinda feels like we are screwed out here.
@darkexcalibur87
@darkexcalibur87 3 жыл бұрын
Not the real Minority Mindset ^^^^^^
@LeCrowTV
@LeCrowTV 3 жыл бұрын
I have been looking for a good rental, but every appealing property is selling for 45k+ over listing and well past the profitibility margin here in western WA.
@mymyes92
@mymyes92 3 жыл бұрын
leam how to trade cryp(to from experts. For free gu!dance on cryp!to triad!ng messagee Charlie Pratt on te!!gramm @Charliepratt
@GymForLifeHD
@GymForLifeHD 3 жыл бұрын
few months ago i buy my first home big in space mutch of work need put it but in the end i will hawe 3 apratments to rent out
@malik_17j
@malik_17j 3 жыл бұрын
Great video ! You inspire me to get into the real estate game. Just gotta get my credit right and I’ll be on my way !
@ModestMillennial
@ModestMillennial 3 жыл бұрын
@Malik Johnson: hopefully by then the housing market also gets better 🙂
@corvinlord
@corvinlord 3 жыл бұрын
Thanks bro!
@BryanColliver
@BryanColliver 3 жыл бұрын
where did you get the 83$ vac price from
@kristennicoletti713
@kristennicoletti713 3 жыл бұрын
Starting my mornings watching your videos inspires me to make even better money decisions every day. Thank you for everything you do.
@MichaelDominguez25
@MichaelDominguez25 3 жыл бұрын
Do u have a PDF for this info?
@JA-ze6yb
@JA-ze6yb 3 жыл бұрын
Where in North America can one buy a $100k property and expect to get $1000/m rent from it? I live in Vancouver Canada and i'd have to get $10k/mo rent for my property for this to work.
@dgilroy26
@dgilroy26 3 жыл бұрын
Good idea about using some debt to buy the property. That free's up money to do the repairs to get it ready to rent. I didn't think about that.
@CaseyBurnsInvesting
@CaseyBurnsInvesting 3 жыл бұрын
Give yourself a stimulus check every 1st of the month.
@financemadesimple-personal2086
@financemadesimple-personal2086 3 жыл бұрын
I know right!
@appleforever6664
@appleforever6664 3 жыл бұрын
Spammer
@appleforever6664
@appleforever6664 3 жыл бұрын
@@kirisutegomen12 - FU!
@appleforever6664
@appleforever6664 3 жыл бұрын
@@kirisutegomen12 - I drop you like a bad habit. 😂
@razoraudi
@razoraudi 3 жыл бұрын
Great content and an awesome video to boot. I want to know your secrets to an awesome beard!
@JoseFlores-xh5cj
@JoseFlores-xh5cj 3 жыл бұрын
In North Texas just 100 miles away from Dallas, in rare occasions homes under $40,000 show up on the market. The issue is that those homes sell within the first 2-3 days. With just $8,000 I can sign a mortgage but while I have excellent credit score, I have no credit history that dates at least 12 months back so I have a hard time finding a lender.
@FrontPageFinance
@FrontPageFinance 3 жыл бұрын
It sounds like it's time to get a credit card if you don't already have one!
@jagjeetsingh2382
@jagjeetsingh2382 3 жыл бұрын
Awesome
@kelvinmax6595
@kelvinmax6595 3 жыл бұрын
learnt to manage my money through investments and it really works for me.
@whasapp-3629
@whasapp-3629 3 жыл бұрын
There are so many ways to manage and prepare for a relaxing future, we just always have to keep doing our best because whatever we plant now, we will harvest later good or bad
@tendialewando4623
@tendialewando4623 3 жыл бұрын
Nice good investment is how you take charge of your financial security. It allows you to grow your wealth but also generate an additional income stream if needed ahead of retirement
@johdanalexander9750
@johdanalexander9750 3 жыл бұрын
For beginners it's advisable to get a coach, an expert trader who would serve as a coach and mentor to ensure you make profits and increase your accuracy when you make trades in that way you get to make money with low risk or loosing your capital
@marvin6028
@marvin6028 3 жыл бұрын
@@johdanalexander9750 interesting, I'm guessing you are an expert, can I trade through you
@johdanalexander9750
@johdanalexander9750 3 жыл бұрын
@@marvin6028 lol I'm not, I also trade with an expert trader through Expert Josep trading company... They have help me earn a total of $53k in two months with an investment of $6k
@JR_187_
@JR_187_ 3 жыл бұрын
They should be teaching this to kids in high school junior and senior year
@annielin2894
@annielin2894 3 жыл бұрын
I love your channel as an attorney yourself what can I do with my saving to quickly turn more monies? I only have saved 38k.
@mg5570
@mg5570 3 жыл бұрын
I have been working in commercial real estate, mixed-use development and urban planning for some time. Covid hit our family hard financially, but we would like to start investing in physical real estate in the near future. Is this possible with average credit and no capital?
@aidamenzel2475
@aidamenzel2475 3 жыл бұрын
Fidelity National Financial Inc as Title Company?
@Santiago0372
@Santiago0372 3 жыл бұрын
Great Video Jaspreet! I won't lie I was doing so well on my weekly income till my retirement just after the lockdown when things then went sideways. Well I started trading three months now and I realized I wasted those years of work because now I earn thousands of dollars weekly.
@ivanvolkov4737
@ivanvolkov4737 3 жыл бұрын
I tried on trading and backslided with debts of $3000.
@luchebotha771
@luchebotha771 3 жыл бұрын
I'm retired also can you share any good advices or recommendations? How can I reach you
@Santiago0372
@Santiago0372 3 жыл бұрын
santiagowilliams40@gmail .com
@jodielangdon
@jodielangdon 3 жыл бұрын
True!!! There is always a huge win when it comes to investing and trading right. I have testimonies too
@lucijajuric8944
@lucijajuric8944 3 жыл бұрын
Excellent.
@zedrico8577
@zedrico8577 3 жыл бұрын
Where i leave in canada the cheapest single family home is no less that 250k. But with this video breaking down the numbers i think im going to try moblie homes and my first realstate deal.
@thetravelingtrader6677
@thetravelingtrader6677 3 жыл бұрын
You can write my account for financial advice
@Cyilus_World
@Cyilus_World 3 жыл бұрын
I live in NYC and real estate is expensive as hell
@Codebravo0514
@Codebravo0514 3 жыл бұрын
Good inf. Cou you talk about the "BRRR" method?
@Codebravo0514
@Codebravo0514 3 жыл бұрын
"BRRRR*"
@financemadesimple-personal2086
@financemadesimple-personal2086 3 жыл бұрын
The best method for real estate, just wish California had better prices even distressed properties are fetching a high premium
@miketooma
@miketooma 3 жыл бұрын
Hey Jaspreet, you may want to put your name on the top left of the screen during the beginning because “Includes Promotion” covers it during the beginning of your video...just FYI . 😎👍🏼
@minoritymindset2204
@minoritymindset2204 3 жыл бұрын
T•h•a•n•k•s f•o•r t•h•e c•o•m•m•e•n•t t•e•s•t m•e o•n W•h•a•t•s•A•p•p f•o•r m•o•r•e s•u•p•p•o•r•t +1 • 4 • 0 • 4 • 3 • 4 • 1 • 1 • 4 • 5 • 3
@UnwanaUdoh
@UnwanaUdoh 3 жыл бұрын
Jaspreet, you're the man 💪
@en3mes
@en3mes 3 жыл бұрын
I have the VA home loan, so I will buy 3b/2ba single family homes, live in the master, and rent the other 2 rooms out. The VA loan allows me to pay $0 down and still avoid PMI, so it's a pretty nice perk. After a year of living in the home, I can then refinance to a traditional, fixed rate mortgage, rent the entire house out completely, and use the VA home loan to buy another home for $0 down. Rinse and repeat.
@ModestMillennial
@ModestMillennial 3 жыл бұрын
@en3mes: that is so awesome!! One of the greatest perks I would say.. make use of it as much as you can 🙂
@lucasvasquez1942
@lucasvasquez1942 3 жыл бұрын
What about Credit card reviews? Benjamin cc looks insane and in line with a bunch of your teachings imo
@thetravelingtrader6677
@thetravelingtrader6677 3 жыл бұрын
That’s true
@faithmoore3243
@faithmoore3243 3 жыл бұрын
Hello 👋🏽
@quinnmoore5985
@quinnmoore5985 3 жыл бұрын
Ya these numbers aren't realistic my mortgage for a 100k house is almost 900 a month. Tbh its just discouraging to try to get ahead. Get taxed and pushed back down any time I save a grand
@superboy305
@superboy305 3 жыл бұрын
Dropping gems
@johnboy6799
@johnboy6799 3 жыл бұрын
Yo Jaspreet do you still own that condo?
@armandol1826
@armandol1826 3 жыл бұрын
Buy in Santa Monica and hold. Very simple
@navisoul
@navisoul 3 жыл бұрын
my brain melted...so many rules and regulations...
@social3ngin33rin
@social3ngin33rin 3 жыл бұрын
$50/mo for insuring a building?!?!?! ty for the vid Sikh bro! One day I will have enough money to follow-up on this video lol
@Shredder656
@Shredder656 3 жыл бұрын
if u dont mind, where area are u in?
@euenfheiejrj
@euenfheiejrj 3 жыл бұрын
He’s in the Detroit metro.
@channi58
@channi58 3 жыл бұрын
Same with attorney created a corp with a huge binder. Cost the same as you said. Accountants can do the same for cheaper. Shop around. I was kind of snooker as the attorney is a family friend 🤣 . Jaspreet as you know our community (punjabi) it's hard to say no for peer pressure lmao! In the end, though you make way more in the end so don't worry just do it like bo Jackson and Nike said!
@gusmill5701
@gusmill5701 3 жыл бұрын
How good is fundrise?! As far as dividends and appreciation payment
@kristennicoletti713
@kristennicoletti713 3 жыл бұрын
I invested 1000 about 3 years ago and increased the worth by about 200 and change mid way though last year. At that point I started auto investing an additional 100 a month. I have no complaints about the platform, aside maybe from how long it would take to pull my money out if I wanted to for some reason, but that is to be expected.
@gusmill5701
@gusmill5701 3 жыл бұрын
@@kristennicoletti713 thanks appreciate your prospective/opinion
@Defy_Convention
@Defy_Convention 3 жыл бұрын
I put 2k in a few years ago and it's now worth about 2300 and it spits out about 100/yr in dividends that I don't reinvest. Buying SPY will give you a better return.
@gusmill5701
@gusmill5701 3 жыл бұрын
@@Defy_Convention thank. I'm highly considering it
@AcesizOfficial
@AcesizOfficial 3 жыл бұрын
🙌🏽🙌🏽🙌🏽
@fuel2burn50
@fuel2burn50 3 жыл бұрын
❤️ minority mindset❤️
@calpark6183
@calpark6183 3 жыл бұрын
Rather have reits than realestate
@cherylmorelli3210
@cherylmorelli3210 3 жыл бұрын
What about the issue right now that allows people to not have to pay their rent due to covid forbearance?
@cherylmorelli3210
@cherylmorelli3210 3 жыл бұрын
@Daniel R oh i see. Thank you
@kirisutegomen12
@kirisutegomen12 3 жыл бұрын
Good point. Mortgage forbearance will not last forever
@daviddiaz529
@daviddiaz529 3 жыл бұрын
You have Duplexes, Triplexes, Fourplexes, and if they don't pay that rent, they get Suplexes.
@tamalemonster
@tamalemonster 3 жыл бұрын
Am I just pessimistic thinking that being a landlord isn't a great investment as according to these numbers it will take at least 14 years to become profitable? Please explain why I am wrong.
@ModestMillennial
@ModestMillennial 3 жыл бұрын
@tamalemonster: your mortgage is getting paid by the renters.. you are making money there, in addition you can write off expenses and depreciate the property in taxes you file
@selltosimon
@selltosimon 3 жыл бұрын
I have 30k but nobody wants to preaprove me because i have not 2 years in my job
@kalstonii
@kalstonii 3 жыл бұрын
Start a consulting business and filter that cash thru it so it shows as revenue. Now you “have a job”.
@treyedouard3940
@treyedouard3940 3 жыл бұрын
Yeah that's true Billy Investing in Crypto now is very cool especially with the current rise in the market now .
@zoemichaelson3124
@zoemichaelson3124 3 жыл бұрын
The 2021 real estate investment is good but I rather invest my money in crypto.
@zoemichaelson3124
@zoemichaelson3124 3 жыл бұрын
Stocks are good but crypto is better
@skylernorman6881
@skylernorman6881 3 жыл бұрын
I wanted to trade Crypto but got confused by the fluctuations in price
@nathanluke7362
@nathanluke7362 3 жыл бұрын
*Hey M.M, I just turned 43, and I’ve decided to invest in the financial market, I have over $200k invested, I need tips on how to grow that’s to $1.5million in two years and retire at 45*
@nathanluke7362
@nathanluke7362 3 жыл бұрын
I genuinely think that the best way to make that much in the markets would be to get an investment manager that can guide you on that or copy their trades to avoid making any expensive mistakes.
@julianconnor9701
@julianconnor9701 3 жыл бұрын
This idea sounds brilliant ! But is it worth it ?? Have you used an investment manager before ?
@nathanluke7362
@nathanluke7362 3 жыл бұрын
I am actually guided by one, I found her through a Bloomberg publication sometime in August last year and she has guided me grow my portfolio account from $185k to now $430k.
@connorbella6915
@connorbella6915 3 жыл бұрын
Quite impressive gains, does this wealth manager of yours work with just anybody? Mind sharing some info ??
@billstephens5472
@billstephens5472 3 жыл бұрын
In the second example, you are getting a Higher Cash-on-Cash return (12%), but much lower Cash Flow/Pocket Money!! ($200 per month).. Most people would go for more Cash Flow/Pocket money! even with a lower Cash-on-Cash return.. This is why example one would be more attractive to most people! Cash Flow/Pocket Money ($583! per month), lower Cash-on-Cash return (7%). Therefore, the more you put down, the larger your rental Cash Flow/Pocket Money could be.
@phourtwenteephorlife
@phourtwenteephorlife 3 жыл бұрын
Want help building wealth quickly ? Look into GMTN in CAN or GMTNF in USA, to build wealth quickly. Buy and hold it long term as they are looking at paying dividends already to share holders this time next year. We have doubled our investment in the last two weeks and we suggest you look into it too, do your diligence, look up and learn about the company and why it's such a great investment. Don't miss out! Get your shares now before they rise even higher and start building your wealth now !
@padfinancial1781
@padfinancial1781 3 жыл бұрын
Not only is this a great investment it is as stated above a great opportunity to build wealth ! Thank you for turning us onto this one and Endeavor.
@padfinancial1781
@padfinancial1781 3 жыл бұрын
@Minority mindset agreed, with major corporations stepping into crypto the writing is onnthe wall.
@Holding853
@Holding853 3 жыл бұрын
Investing in crypto is the best lucrative way of making money now
@kathylloyd4988
@kathylloyd4988 3 жыл бұрын
Crypto is the new gold
@whatsakp-6053
@whatsakp-6053 3 жыл бұрын
I wanted to trade Crypto but got confused by the fluctuations in price
@marcoso.5402
@marcoso.5402 3 жыл бұрын
Can I buy a house cash with criptos ? Can I buy a car with my criptos? How can I do it ? They don't accept cryptos.
@Defy_Convention
@Defy_Convention 3 жыл бұрын
Scam
@kirisutegomen12
@kirisutegomen12 3 жыл бұрын
Selling crack is more lucrative actually
@jeffdorris5321
@jeffdorris5321 3 жыл бұрын
Hit the like button 👍
@dawidwolnik628
@dawidwolnik628 3 жыл бұрын
Do you have any other topics?
@samkawer
@samkawer 3 жыл бұрын
Should home inspector be involved
@ModestMillennial
@ModestMillennial 3 жыл бұрын
@sam Kawer: I would get the home inspected.. that way you know what you are getting into before buying, and also great way to negotiate if something is wrong
@isabellagrayson8583
@isabellagrayson8583 3 жыл бұрын
I have about 5% of my portfolio in uranium stock any advice on any other stock that I can grow my $300k capital to a million dollars?
@avaelijah5393
@avaelijah5393 3 жыл бұрын
You should buy and hold tech stock Crypto investment
@olivianoah9495
@olivianoah9495 3 жыл бұрын
That is totally true, but how well does a financial advisor improve your profit? What is the experience like using an advisor?
@RavenReforged
@RavenReforged 3 жыл бұрын
Thank you so much for this! How about the changes proposed to 1031 Exchange? Doesn't that make real estate far more difficult and risky? Also isn't Biden administration trying to eliminate the Bonus Depreciation as well?
@ModestMillennial
@ModestMillennial 3 жыл бұрын
@Raven: I am curious what comes out from that proposal..
@rashikhokhar9035
@rashikhokhar9035 3 жыл бұрын
First step....make sure your credit score is good.
@ModestMillennial
@ModestMillennial 3 жыл бұрын
So true... without that the bank won't even loan you 🙂
@rafaelmolina123
@rafaelmolina123 3 жыл бұрын
dogecoin to the moon jaspreet! :D
@robinsonsegura9744
@robinsonsegura9744 3 жыл бұрын
D BOSS
@delbomb3131
@delbomb3131 3 жыл бұрын
The depreciation deduction is such a scam.
@mouthpiece200
@mouthpiece200 3 жыл бұрын
Nah, depreciation is a loss, which cancels out some of the profit. Its only fair not to pay taxes on losses.
@delbomb3131
@delbomb3131 3 жыл бұрын
@@mouthpiece200 but it's not real. It doesn't happen. Unless it's a trailer/prefab houses appreciate in value, then as a landlord you earn on top. Unless you're counting maintenance, but that's not the same thing. It's bad semantics, he promotes the notion of property appreciation, while in the same breath tells us property owners get to write off depreciation. I'm not opposed to home owners and property investors getting a write off, I'm opposed to this tongue in cheek bullshit semantics that aren't real.
@mouthpiece200
@mouthpiece200 3 жыл бұрын
@@delbomb3131 Houses don't necessarily appreciate. Regardless what the market does, every year the house is decaying over time. Houses may appreciate when the market wants them more, but at the same time depreciate because of wear and tear. I understand what you're saying, but he didn't make the rules - he just plays by them.
@delbomb3131
@delbomb3131 3 жыл бұрын
@@mouthpiece200 ohh for sure i don't fault anyone for taking advantage of any benefit out there. I only give him shit about it because he proudly boast how he expects his properties to appreciate, then at the same time always adds in the depreciation stuff sometimes in the same sentence. He words it in a real scammy way.
@dominalgenesis
@dominalgenesis 3 жыл бұрын
I just want a method to make a reasonable 2-3 million dollars in 2 hours of work....yall got me? 🤔
@Dhleeiv
@Dhleeiv 3 жыл бұрын
Yea I got you fam. Leverage all of the assets you don’t have in extremely risky investments where you’re not sure if you’re going Bezos or Broke. Sit tight for 10 years and you should be ok.... or homeless.
@dominalgenesis
@dominalgenesis 3 жыл бұрын
@@Dhleeiv 🤣🤣
@dominalgenesis
@dominalgenesis 3 жыл бұрын
@@minority.mindset.3225 👀...why yes I am
@animal5602
@animal5602 3 жыл бұрын
@@dominalgenesis stop playin bro lol
@-.TS.-
@-.TS.- 3 жыл бұрын
Easy. Take $10 million to a slot machine and only use $7-8 million.
@dieyoung8259
@dieyoung8259 3 жыл бұрын
You should start a fundraiser to help people in India. I would be more than willing to donate. The word on the street is that the Sikhs community is doing great works.
@Just_Hearts_NYC
@Just_Hearts_NYC 3 жыл бұрын
Smh 🤦🏻‍♀️
@DennisSection
@DennisSection 3 жыл бұрын
But I thought biden was putting a tax to the 1031? No??
@minoritymindset1744
@minoritymindset1744 3 жыл бұрын
THANKS FOR COMMENTING,WRITE ME DIRECTLY FOR FINANCIAL,ADVICE ON HOW TO INVEST...... W... H...A...T...S... A....P...P. +..1...-9...-1...-7...-7...-3...-2...-9...-5...-7....-8.
@publiclygrown
@publiclygrown 3 жыл бұрын
U either be in it for the long run r u gonna end up lost and loosing
@Ellie-MaeFoster
@Ellie-MaeFoster 3 жыл бұрын
I'm no longer waiting for the stimulus check because i earn $22,090 every 14-16 days recently
@henryokechukwu2235
@henryokechukwu2235 3 жыл бұрын
That's alot of cash, please can you explain how you make so much cash in 14 days
@brianjung4153
@brianjung4153 3 жыл бұрын
Please how can i be able to reach your broker, my income stream is in a mess 😰😰
@lovlynkate110
@lovlynkate110 3 жыл бұрын
Massage him via watsApp mesenger ⏬ ⏬
@lovlynkate110
@lovlynkate110 3 жыл бұрын
@@brianjung4153 Write him ~+~1~4~1~5~7~1~2~7~6~5~1
@fletcherdane9487
@fletcherdane9487 3 жыл бұрын
I am now able to send my kids to great school in LA, all thanks to Expert Frederick Ried
@FluidMotionEnergy
@FluidMotionEnergy 3 жыл бұрын
How to make cost of living in a house more expensive for every1, buy them and rent them effectively driving up prices qnd keeping people from home ownership.....fixed ur title.. U shuld only make mo ey wur own tow hands, how people r making money n getting rich off others is sickening
@FrontPageFinance
@FrontPageFinance 3 жыл бұрын
Not everyone even wants to own a home. There's plenty of young professionals who want to start a career and move between different cities as they change jobs. Someone needs to rent to those people, so they can have a place to live. It's okay for someone to get a small return on their money in exchange for providing a place to live for someone else.
@Ab113tech
@Ab113tech 3 жыл бұрын
⚡⚡⚡
@alwaysdtf2197
@alwaysdtf2197 3 жыл бұрын
this looks great. right now I'm not in much of a position to start with this, also the market and gov't are making this look risky, but I will for sure be looking into setting everything up so when the craziness finally ends I can get me some properties.
@DavidHenderson-v6u
@DavidHenderson-v6u 2 ай бұрын
Thank you
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