How To Make $100k With Real Estate (Passive Income)

Рет қаралды 22,449

Күн бұрын

Пікірлер: 33

@neck_minnet8939 6 ай бұрын

Would be good to see a vid like this but adjusted for inflation. Like using 2.5% inflation, 100k in 30 years is about 47k in today’s money.

@dareyah 6 ай бұрын

Holding costs is much more than the banks repayment. You didn't mention council rates, insurance, property management expenses, unexpected repairs, and maintenance, higher bank rates for 90% LVR, LMI, capital gains tax, so that it only covers 1/4 of the loan, the list goes on.

@yeeeet4756 6 ай бұрын

dont list those, he wont get any buyers with those additional fees lol. He is trying to get a fee for selling you the dream. That good why doesn't he do it himself and retire instead of you paying a fee for his advice?

@JYun-xo2cl 6 ай бұрын

All tax deductible

@Ron-te2ld 6 ай бұрын

Strategy 2 works even faster if you buy your 2 properties side by side with the ability to subdivide the land. This will allow you to keep both your properties and use the funds you make from the subdivision to pay off your loans. Then when you retire you can borrow against the properties and use the rent to service the loans. This will allow you to have an income stream that is tax free. Leave the properties to your favourite child and they can sell off one to pay off the other and no one pays capital gains tax. You can see how the wealthy who own large amounts of assets don't pay tax as long as you don't sell anything and borrow against what you have.

@belalhassoun4091 Күн бұрын

Thoughts on first home buyers scheme that mean gov supplies 15% of your deposit so you avoid lmi?

@SubwayOM 6 ай бұрын

negative cashflow realistically is a lot more (you said up to $150 a week it is up to $500 a week) given the 6+% interest rates & crazy maintenance costs. Otherwise good video

@josesworld419 6 ай бұрын

My interest is 8.7% and im neutral geared after tax return. Once my credit rating is fixed and I get around 6% im gona be cheering 🎉

@SubwayOM 6 ай бұрын

@@josesworld419 which. state, suburb and property type?

@raahoney1422 6 ай бұрын

Thanks for sharing your knowledge with us👍

@JJ-zn6ql 5 ай бұрын

Be careful having multiple interest only loans, since they aren't usually for the full term of the loan. If markets change and you cant refinance you might suddenly have a bunch of P & I loans that you can't afford.

@TheBillyo13 6 ай бұрын

Ravi, could you go down this path with a current home loan (owing two thirds of value of the home), a healthy income between a couple but we have a car repayment? Thanks

@baileysquire6750 Ай бұрын

Hey Ravi! What would you recommend doing if you previously entered the market under the Victorian home buyer (shared equity) scheme and now wish to get into real estate investing?

@patrickvuong1178 5 ай бұрын

How do you address loans that come off interest only periods into P&I? You are missing this.

@stipepalinic379 6 ай бұрын

What about capital gains tax?

@kevinwong3722 6 ай бұрын

Yep

@michaelphillips3500 6 ай бұрын

Yeh and agent selling fees plus holding costs rates etc

@stipepalinic379 6 ай бұрын

That’s the problem with all the you tubers, all they do is push their own agenda, he is clearly just trying to push his buyers agency. It’s a classic case of if it’s too good to be true it probably is. Don’t get me wrong the system that he is implementing does work but just not in the time that he is claiming. He is well aware of capital gains, agent fees, inflation, holding costs etc but won’t tell you that as “he isn’t a financial advisor” but will happily tell you about his buyers agency.

@AA.AA.399 6 ай бұрын

Great video👍🏽

@han7703 6 ай бұрын

Fantastic video, so articulate too!

@lawrencef8507 6 ай бұрын

99% of banks wont let you borrow the 2nd or 3rd house +, servicing the loan?

@HappyPenguin75034 4 ай бұрын

I have 5 rental loans - 3 mine. 2 my wife and she has primary. Easy.

@AFulfilledLife 6 ай бұрын

Love this

@salimant 5 ай бұрын

You forgot to factor in maintenance cost and other overheads.. then there is also capital gain tax to consider. Trust me its not that simple

@nipunrockster 6 ай бұрын

Hey, I’m new to real estate investing in Australia and have a question about borrowing power when buying your 2nd, 3rd or 4th property. Doesn’t the outstanding debt affect your ability to borrow for buying an investment property?

@matthewstrutt1231 6 ай бұрын

Yes

@justinfeatherby5421 6 ай бұрын

What about capital gains tax Ravi?

@deanphung7018 4 ай бұрын

But your debt in 5 years is not going to stay the same in 15 years because the longer you take to pay off your debt, the higher interest payment is going to be. For example, at the current interest rate, you will have to pay 1.2 mil interest to borrow 1 mil from the bank in 30 years but if you pay it off in 10 years, that interest is only 400k which means you save 800k in interest

@PersonalFinancewithRaviSharma 4 ай бұрын

Have you factored in inflation and how it would erode the purchasing power and therefore debt in relative terms