Even now this one of the best explanations on how to calculate ROI
@katwiaf4 жыл бұрын
Is it possible to get this document now?
@AmericanwrCymraeg4 жыл бұрын
Your example ignores compounding. It's not a 20% rate of return, it's a 14.87% rate of return. 50000 x 1.1487^5 = 10000.
@ralphy19892 жыл бұрын
Gotta exagerate too make a show bud.
@donniellewis38895 жыл бұрын
I'm a little upset that he didn't say "I'm gonna pounce... or I'm gonna bounce".
@AlliMmmIly4 жыл бұрын
Yep. Same. Thought it in my head.
@dylanotis63073 жыл бұрын
Instablaster.
@kyletrent75046 жыл бұрын
Hello Kris, I have a couple questions. 1: how much do you increase your rent every year? 2: you frequently say you will not purchase a property without at least 15% equity. What if it does not have a 15% equity position, but the ROI is somehow without that much equity a 15-20% ROI? Thank you. Videos are great, keep up the awesome work!
@ralphy19892 жыл бұрын
He does seller finance on his homes.
@dspeedy57072 жыл бұрын
@@ralphy1989 what’s that
@jonathanpassaro2285 жыл бұрын
What do you guys think about buying investment property at the height of the market? Buy low sell high is ideal but buy high and never sell!?!? If I get a renter at 1000$ per month and we hit a huge recession would I have to lower rent for the next renter?
@garrettjudkins4994 жыл бұрын
Jonathan Passaro if you buy high your mortgage may not be covered by rent, and you will be paying too much for something not as valuable, and you won’t be able to sell it if the market goes down, it’s dangerous to buy high in a real estate market.
@netraneupane12094 жыл бұрын
If i made down payment of 20k and decided to pay remaining 70k after 7 yeardms and net profit per year is 10k .what is roi?? Is it 10k/down payment×100 Or 10k/total cost of house ×100
@timetraveler91844 жыл бұрын
ROI%= [Profit per year/Total cost of house] X 100
@Scrambled_Eggs695 жыл бұрын
What are the costs of the expenses if you have a lease option contract?
@_ramirocardenas4 жыл бұрын
You dont, renters pay for it
@bmanscire2 жыл бұрын
Love his videos! Very inspiring and knowledgeable
@jorgemartinez-rm4ex6 жыл бұрын
Hey kris I been watching your videos for some time now but I really don’t know where to begin I’m trying to get into the Real State business but don’t know what my first step should be? Can you Help me?
@matthewferguson7996 жыл бұрын
jorge martinez ever heard of wholesaling? Maybe that coul help
@jorgemartinez-rm4ex6 жыл бұрын
Thank you Matthew Matthewz 👍🏽
@matthewferguson7996 жыл бұрын
jorge martinez your welcome seriously though hmu if you are almost sure what i mean
@jorgemartinez-rm4ex6 жыл бұрын
Matthew Matthewz I don’t really know what that is. I would like to know more.
@lucynguyen5956 жыл бұрын
Start by putting your time into watching more of these videos, KZbin gurus, and podcast and things should make a little more sense along the way
@ikhailKravtsov Жыл бұрын
Would you mind shearing a professional document that your team is using ?
@lloy17996 жыл бұрын
Hi Kris my name is lloyd I've been watching your channel for a long time living in Jacksonville Florida l have $7500 in heloc to use what to buy rental property need help on your opinion thanks buddy
@amaka7475 жыл бұрын
7500 ain't nothin
@saulsantana22126 жыл бұрын
I have a question and its been on my mind for a while now, im 21 and buying into my first property now im looking into a $60,000 home it has 4 rooms 1.5 baths now should i buy my first single family home as a rental property or should i live in it for a year as a home then rent it?
@esoto54693 жыл бұрын
Sell it and wait for an even better house to live i
@tomash_3546 жыл бұрын
Can someone explain simply what principle is? I still don't get it
@serinwa6 жыл бұрын
Let's say you get $100 loan and have $50 extra to pay in interest. The principal is the original $100 you owe. The interest is the price you pay to get the loan.
@josephkdc3 жыл бұрын
@@serinwa Still didn't get it why it should be in the income asset?
@dimitriosalexopoulos63005 жыл бұрын
Hi Kris. Great presentation! Just a short question. If I have a mortgage (bought an apartment for 50,000 euro) and I am paying 400 euro every month to the bank, however I am receiving 500 euro from my tenant, so i earned (net) only 100 euro per month is that affects my ROI? Because then I have a 0,002% ROI :)
@stevendelamora11315 жыл бұрын
Do you have to pay taxes? Insurance? Repairs?
@luisfernandomendez29094 жыл бұрын
Bad investment
@smvstyle2 жыл бұрын
You only calculating the rental ROI. You also got to look into capital appreciation ROI and factor that in. Then look at potentially exiting
@NahidAhmed1013 жыл бұрын
You are a wealth of knowledge! Thank you so much!
@tylergable24454 жыл бұрын
Wasn’t very clear on the timespan of the numbers. Income..annual? Monthly?
@claudiovallone92174 жыл бұрын
I guess everything x 5 years since he buys till he sells
@Fume13376 жыл бұрын
Okay so on your income list, you said you got 80k income. What if the expenses are more than 80k or close to 80k. You just added 30k on your expenses because it was less than 80k. You could’ve added 40k 50k or even 60k. How much would it really be in a real life situation.
@luisfernandomendez29094 жыл бұрын
It would be a bad investment.
@lordarash49186 жыл бұрын
Hi Kris, I’m really frustrated and do not know where to begin since I’m only 16 years old. My dream is to become a great real estate investor/businessman just like you. Please help me brother!, Kind regards Arash
@matthewferguson7996 жыл бұрын
Lord Arash get a job. Build credit!
@lordarash49186 жыл бұрын
Matthew Matthewz I took your advice and applied for a job. Thank you:)
@weapons996 жыл бұрын
credit cards @@lordarash4918
@lordarash49186 жыл бұрын
Carfanatic35 ty
@punit56016 жыл бұрын
What your fee and whats the frequency of contact?
@Bulletcore6 жыл бұрын
50% :D
@victordiazincle56034 жыл бұрын
This guy is awesome! loving the 7 Figure Hustle!!
@santarodriguez55032 жыл бұрын
I want mentoring
@dirtydingo2505 жыл бұрын
Honestly MorrisInvest has a better ROI video with real numbers and an actual mathematical formula
@unbotheredqueen17033 жыл бұрын
Sooo don't pay off your mortgage?
@tomlindsay78614 жыл бұрын
legend great video.
@mosylla4625 жыл бұрын
He took a long winding road. I appreciate the effort to share,but the goal of it is to break it down.Not to overcomplicate it. I am going back to the drawing board. I will come back with a better way to explain this.
@victorgachuki75355 жыл бұрын
Mo Sylla where’s the vid ?
@mosylla4625 жыл бұрын
@@victorgachuki7535 what vid?
@antoniocastillo23815 жыл бұрын
@@mosylla462 you'll "come back with a better way to explain this" vid
@mosylla4625 жыл бұрын
@@antoniocastillo2381 i did. On my drawing board. I think I wrote that in my comment. I didn't say I will make a video. I never made any video.