How to Invest in Real Estate When You’re BROKE

  Рет қаралды 13,493

Real Estate Rookie

Real Estate Rookie

Күн бұрын

Пікірлер: 37
@REVerbtalk
@REVerbtalk Ай бұрын
Underwater is his terminology and i typically have my own too lol... But what he really means in the financial world is known as "upside-down" meaning when you owe more on anything that the value of the property(or anything in general). If you have a home that has a market value home around $200,000 and you have a mortgage balance of $238,000... you are upside down on your mortgage. You probably heard this term with cars too. What I would have done with his deal is subject-to so it stays in her name and we take over the payments and control the property skipping that year process.
@Redcarpetrealestatetony
@Redcarpetrealestatetony Ай бұрын
I’m loving this episode !
@wealthfromrentals
@wealthfromrentals Ай бұрын
So glad to hear it!
@almmason7
@almmason7 7 ай бұрын
Great job on starting! 😊 As a Real Estate Broker and consistent BPO (Broker Price Opinion) producer. It is not that simple. The BPO'S that I've done are more complex and a mini version of an appraisal. It may vary depending on the company requirements, but you have to go way more in depth than your opinion. You are looking at trends, the city, the blocks, nearby homes, get at least 3 comps, etc. I wish I could find a simple one like that. 😮
@toddfullerlove6821
@toddfullerlove6821 7 ай бұрын
You sound like a rockstar broker. A “ mini appraisal” is a great definition of a BPO. Do you think most brokers treat a BPO like you?
@almmason7
@almmason7 6 ай бұрын
Thank you! To be honest, it may be the companies I work with that require this information. 😅​@toddfullerlove6821
@vespaman101
@vespaman101 7 ай бұрын
This was a great video. An actual rookie with no money starting.
@toddfullerlove6821
@toddfullerlove6821 7 ай бұрын
Thanks
@vespaman101
@vespaman101 7 ай бұрын
@toddfullerlove6821 you're welcome sir. Maybe you should try your own KZbin channel.
@mistermg7458
@mistermg7458 4 ай бұрын
Great story! Found out about USDA Loans by accident while reading online. Never hear of it but it's a great product.
@ronniewilliams5582
@ronniewilliams5582 7 ай бұрын
What a journey bro!!! Very inspiring!! 👏🏾
@nieshelle1
@nieshelle1 7 ай бұрын
Great insights on utilizing resources and starting from the ground up. Like the tip on the lunches and network meetup groups. Its hard trying to start on a new venture with not alot of people to reach out for information
@toddfullerlove6821
@toddfullerlove6821 7 ай бұрын
Thanks, that is true. Now you have one more person to reach out to
@bmcCapital
@bmcCapital 3 ай бұрын
Great insights
@Emily-jw1wj
@Emily-jw1wj 7 ай бұрын
Mr. Fuller Jr., where can I watch your progress? I'm very interested to see how this works out. Thank you
@toddfullerlove6821
@toddfullerlove6821 7 ай бұрын
Great question, hopefully I’m back in the podcast one day
@Emily-jw1wj
@Emily-jw1wj 7 ай бұрын
Thank you for responding. I was hoping you would start a KZbin channel that I could follow. I wish you and your wife the best of luck, and I hope that you get back to the podcast as well.
@KrazyLury
@KrazyLury 7 ай бұрын
I enjoyed Mr Fullers story. Very inspiring
@toddfullerlove6821
@toddfullerlove6821 7 ай бұрын
Appreciate it!
@Cheepono808
@Cheepono808 7 ай бұрын
Why does it have to be something like private money lending though?
@toddfullerlove6821
@toddfullerlove6821 7 ай бұрын
It doesn’t have to be. It can be whatever works for you
@Redcarpetrealestatetony
@Redcarpetrealestatetony Ай бұрын
😂😂 “I think he gone cash app me “
@eyonnealchristmas3974
@eyonnealchristmas3974 7 ай бұрын
Awesome 👌
@shylaurenf
@shylaurenf 7 ай бұрын
Proud of you ❤️
@toddfullerlove6821
@toddfullerlove6821 7 ай бұрын
Damn you’re fine. What’s your name girl?
@levertis1987
@levertis1987 7 ай бұрын
Nice work
@toddfullerlove6821
@toddfullerlove6821 7 ай бұрын
thank you but it was a b***h
@jamesjanotta2363
@jamesjanotta2363 7 ай бұрын
This title will ring in the views 😂
@toddfullerlove6821
@toddfullerlove6821 7 ай бұрын
That title is the truth lol
@VeesamYo
@VeesamYo 7 ай бұрын
Does anyone else find Ashley's E's interesting. Stops instead of Steps 😊
@masterkong369
@masterkong369 7 ай бұрын
I think my perspective on real estate agency killed my desire in wholesaling. I hate wholesalers now... sorry...
@toddfullerlove6821
@toddfullerlove6821 7 ай бұрын
What happened
@Tinywow
@Tinywow 7 ай бұрын
How did you overcome the challenges of the pandemic when purchasing your first property?
@MaryAngelaWalker
@MaryAngelaWalker 7 ай бұрын
So much happiness and joy $47k weekly returns has been life changing. AWESOME GOD I now have a house and can now afford anything for my family even with my Retirement..
@CryptoGod79
@CryptoGod79 7 ай бұрын
👏🏼👏🏼👏🏼👏🏼
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