if you appreciate this video please share it with someone
@Vincent-j8u23 күн бұрын
Asking a real estate agent whether you should buy a home right now is like to asking an alcoholic whether they think you should have a drink lol. Homes in my neighborhood that cost around $450k in sales in 2019 are now going for $800k to $950k. Every seller in my neighborhood is currently making a $350k profit. Simply unreal. In all honesty, deflation is what we require. The only other option is for many people to go bankrupt, which would also be bad for the economy. That is the only way to return to normal.
@sharonwinson-m8g23 күн бұрын
Home prices will come down eventually, but for now; its best to offset some of your real estate investments and get into the financial markets or gold. The new mortgage rates are crazy, add to that the recession and the fact that mortgage guidelines are getting more difficult. Home prices will need to fall by a minimum of 40% (more like 50%) before the market normalizes. If you are in cross roads or need sincere advise on the best moves to take now its best you seek an independent advisor who knows about the financial markets.
@TinaJames22223 күн бұрын
Personally, I can connect to that. When I began working with Sophia Maurine Lanting’, a fiduciary financial counsellor, my advantages were certain. In these circumstances, I would always advise getting professional help so they can steer you through choppy markets and just give you indicators and strategies for knowing when to enter and exit the market.
@shrimpmoney822 күн бұрын
@@sharonwinson-m8gthey will not drop by 40 or 50%. The cities and counties have budgets that require the higher values.
@winifred-k9e4 күн бұрын
Please can you leave the info of your investment advisor here? I’m in dire need for one
@TinaJames2224 күн бұрын
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’ Sophia Maurine Lanting” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
@SebastianNoah5e26 күн бұрын
Tax laws can be so complex, and it’s super helpful to break them down like this. Understanding how different policies can impact our finances is crucial for making informed decisions.
@JulianBenjamin3d26 күн бұрын
Making profitable investments during this time of political change can be risky without that insight. For me, working with an adviser is the best first step to navigate these complexities and make informed choices.
@RubyOliverm5l26 күн бұрын
I think having an investment advisor is the way to go. I've been with one because I lack the expertise for the market. I made over $490K during the recent dip, highlighting that there's more to the market than we average folks know.
@SofiaJames9H26 күн бұрын
Hmmm this is quite interesting, Please can you leave the info of your investment advisor here? I’m in dire need for one.
@RubyOliverm5l26 күн бұрын
Nicole Anastasia Plumlee can't divulge much. Most likely, the internet should have her basic info, you can research if you like.
@SofiaJames9H26 күн бұрын
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get.
@Madridstrat26 күн бұрын
I'm an amateur with a portfolio of 370k and I've got some real estate holdings too, but it's hard for me to build confidence. I want to invest another 70k over a one month span, but I want to be strategic about doing it so I can grow more and not stay stagnant. Any suggestions?
@Bunnydrille26 күн бұрын
Not offering any particular advice, but I can assure you that it's not as hard as many people think it is. Ordinary investors lack the requisite level of diligence, so having a financial advisor on board is usually highly beneficial. In the market, this is how people generate enormous profits.
@Frankweily26 күн бұрын
I agree. There's a lot of potential in the market. My friend introduced me to a financial advisor in 2021, and even though I was skeptical, I went on. I finally was making enough monthly dividend to quit my soulless job and pursue my dream to start a restaurant in New Jersey.
@Brightenedrim26 күн бұрын
That's really great. I've tried doing some research myself to hire a financial advisor, but it's really overwhelming. Could you recommend who you work with, please?
@Frankweily26 күн бұрын
"Melissa Elise Robinson" is the licensed advisor I use. Just research the name. You’ll find necessary details to work with to set up an appointment.
@Brightenedrim26 күн бұрын
Thank you for the recommendation. I'll send her an email and I hope I'm able to connect with her
@PennyBernadette27 күн бұрын
Asking a real estate agent whether you should buy a home right now is like to asking an alcoholic whether they think you should have a drink lol. Homes in my neighbourhood that cost around $450k in sales in 2019 are now going for $800 to $950k. Every seller in my neighbourhood is currently making a $350k profit. Simply unreal. In all honesty, deflation is what we require. The only other option is for many people to go bankrupt, which would also be bad for the economy. That is the only way to return to normal.
@jorgeHudson-h4h27 күн бұрын
Home prices will come down eventually, but for now; its best to offset some of your real estate investments and get into the financial markets or gold. The new mortgage rates are crazy, add to that the recession and the fact that mortgage guidelines are getting more difficult. Home prices will need to fall by a minimum of 40% (more like 50%) before the market normalizes. If you are in cross roads or need sincere advise on the best moves to take now its best you seek an independent advisor who knows about the financial markets.
@brantheeskimo27 күн бұрын
indeed the mkt & economy has gone berserk, price of great assets like real estate, dividend paying stocks, or gold never comes down easily, in my humble opinion, buy what you can afford today, and working with a financial advisor certainly helps
@belobelonce3527 күн бұрын
impressive gains! how can I get your advlsor please, if you dont mind me asking? I could really use a help as of now
@brantheeskimo27 күн бұрын
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Rebecca Nassar Dunne” and her performance has been consistently impressive. She’s quite known in her field, look-her up.
@type-r3x27 күн бұрын
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
@BarnRichard22 күн бұрын
I'm 39 and have almost saved enough for a down payment on a decent house. However, I'm second-guessing my decision because home prices are higher than I budgeted, and I’m worried about a potential market crash. Am I better off putting my spare cash in stocks and waiting for housing prices to drop, or should I go ahead and buy a home now?
@_king_james_2322 күн бұрын
Stocks can offer way higher returns in the short term, but it's also more volatile. If you feel confident in your ability to navigate the stock market then it might be a better option
@dannywalters95822 күн бұрын
Two years ago, I was in a similar situation and ultimately decided against buying a home since I was comfortable in my rented apartment... That turned out to be a great choice because now, I make close to 15 grand a month from it! If you have the time, I recommend doing thorough research on how to go about this process safely... Alternatively, consider working with an expert, like I eventually did, to help avoid costly mistakes, especially in the early stages... Good luck...
@wonderfully_madeJake22 күн бұрын
been considering going into this for sometime now. heard its a nice way to make some extra funds. how do you get a competent expert and how expensive are they
@dannywalters95822 күн бұрын
@wonderfully_madeJake You should begin by seeking out individuals with strong records... Also make sure the person is registered... Personally, I use Marie, Kelly Matwick. She's not so popular but you might have heard of her. And they're usually way cheaper than you would expect in the US...
@Kortneylove-122 күн бұрын
small world. met this lady at our country club weeks ago. had to go to her page to confirm that i wasn't mistaken. really small world
@tixe927 күн бұрын
I'm reading a lot of negatively charged people on here ! Whats with the hate . This is commercial multifamily real estate . Get it . Its very high level . Out of 1000 people maybe 4 can do this ; 4 or less at kens level . Wrap that around your negative talk people!! Ken has a kind heart and is teaching everyone parts of the game . Theres levels to this
@bleacherz750326 күн бұрын
Real estate industrial complex is screwing this country , pays no taxes and needs inflation to survive - it a Ponzi scheme
@Kin-28-827 күн бұрын
I remember in 2007 when I was working in real estate seeing people buy homes new from builders with the intention of selling before close of escrow to a new buyer for profit. The crash was so brutal and fast that I remember seeing a lot of these units foreclosed on with the builder plastic still on the carpet.
@berniceburgos-27 күн бұрын
Most people find it difficult to handle a fall since they are used to bull markets, but if you know where to look and how to maneuver, you can make a size-able profit. Depending on how you intend to enter and exit, yes.
@michaelborjas805928 күн бұрын
Congrats Ken, could you do a video on breaking down the financing and numbers? For educational purposes, thank you
@ArianaFelicia-cw7oq22 күн бұрын
This could be huge for both buyers and sellers. If it’s as significant as they say, we might see shifts in housing affordability, interest rates, or even inventory levels across the country.
@JoshuaMartins-sr7ez22 күн бұрын
I wonder if this will impact property values in certain areas more than others. Sometimes major events in real estate create big regional differences, especially in places where prices have been skyrocketing.
@SergioRomano-nj8eb22 күн бұрын
If this event affects mortgage rates, it could really change who can afford to buy. For some, it might open up new opportunities, while others may find it harder to enter the market.
@FedrickWhite-jo2ed22 күн бұрын
Investors must be watching this closely. A big change could mean a shakeup in the rental market or even impact commercial real estate, so they’ll likely be adjusting their strategies
@SarahGonzales-sk6tn22 күн бұрын
I’m curious how this will affect people nearing retirement who planned to downsize. If there are big shifts in real estate, it might change their plans or the timing of selling their home.
@JoshuaMartins-sr7ez22 күн бұрын
This could also impact long-term renters. If property prices or availability shift significantly, it might mean changes in rental rates or availability, especially in high-demand areas.
@justlikeasoldier28 күн бұрын
I am 22 years old, lost my dad about half a year ago and I am going to receive some money soon. Would it be smart to grow my money in stocks for a few years while I am in college and then invest in rental properties afterwards, or should I go for real estate investing first?
@everceen28 күн бұрын
I would advise the counsel of a seasoned financial pro. It may seem expensive, but as the old saying goes - "you get what you pay for" "Expert solutions require Expert providers" - my mantra
@justamanwithbeliefs28 күн бұрын
Agreed, investing with the help of an advisor set me up for life. Retired with about $1.6m in stock portfolio only. I worked hard everyday as a teacher for 32 years, and my salary was over 100k annually. Supplementing my income with stocks and alternative investments helped me achieve early retirement.
@garrickphillips-x1z28 күн бұрын
@@justamanwithbeliefsI've worked in real estate for over 25 years and have neglected a major stock portfolio. This served me well when I was flipping and renting houses, however I need a different plan now.. mind if I look up the professional guiding you please?
@garrickphillips-x1z28 күн бұрын
I've worked in real estate for over 25 years and have neglected a major stock portfolio. This served me well when I was flipping and renting houses, however I need a different plan now.. mind if I look up the professional guiding you please?
@justamanwithbeliefs28 күн бұрын
Katherine Nance Dietz is the licensed advisor I use. Just google the name and you’d find necessary details. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
@CrashBr028 күн бұрын
How much money did you have to come to the table with at closing?
@RealLifeFinance26 күн бұрын
At least 25% if not 30% or 35%
@Mk-KarenM24 күн бұрын
@Kevin McElroy, 😢I’m not seeing prices go down at all in the Chicago area nor the Midwest area. We are in our 60’s. Lost our home during the last crash and have not been able to buy since. We would really like an opportunity to move out of our daughter’s house but I can’t see the rainbow amongst this storm. What is your prediction for the Midwest and the cost of housing?
@Earthman2411128 күн бұрын
Ken, you previously said supply of units would start tightening beginning in early 2026. Now you are saying that will happen in early 2027. What changed? Why the shifting out of a year in the timeline?
@johnnyb33good2127 күн бұрын
Ken is human just like all of us. You should go back and listen to some of his videos from during covid. A lot of his projections and assumptions are wrong
@andrebritz772924 күн бұрын
Ken, how did you structure the deal?
@duckdiver554926 күн бұрын
in CA cap rates have not gone up and are still well below commerical mortgage rates...
@MattHyatt8 күн бұрын
I've watched a bunch of your videos over the past few years, but this was one of my favorites. "The math is the math is the math." So true.
@BlueWaterSTAX28 күн бұрын
DANG. That's a nice property. Congratulations 👏👏👏
@matthewferraro432928 күн бұрын
Really appreciate you giving your time to help others!
@johneliss26 күн бұрын
I Hit 110k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started last month 2024. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject. thanks to Brooke Grace Miller for helping me achieve this
@HighlightsSerieATIM26 күн бұрын
I'm surprised that you just mentioned and recommended Brooke Miller, I met her at a conference in 2018 and we have been working together ever since.
@anatolyivan26 күн бұрын
The very first time we tried, we invested $1000 and after a week, we received $5500. That really helped us a lot to pay up our bills.
@jadewashington726 күн бұрын
She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states
@masterotrunks26 күн бұрын
I'm new at this, please how can I reach her?
@aarizphilip26 күн бұрын
I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills
@dkizxpt-su3ze28 күн бұрын
Can I just say what a great guy Ken is and how grateful we all are that he makes these informational videos to educate us? On behalf of millions of youtube users, thank you Ken!
@REIwAlexY26 күн бұрын
awesome breakdown ken! can you do a video on some tips and tricks of how to make deals work in more appreciation based markets like phoenix, Florida/tampa etc? where cash flow is much less generally?
@cryptoinside881412 күн бұрын
This is Arizona. How about rest of the country. Particularly Vegas….will it go down ?
@SeabirdRuss25 күн бұрын
What's your minimum amount of cash flow per unit per month you aim for?
@craigshak27 күн бұрын
So assuming you got a loan on this that the terms are 3 or 5 or 7 years fixed and at the end of that term let’s just say interest rates go even more up Then technically you could default . Is that correct and if so what would you do
@cremls18 күн бұрын
I found the smaller the size the more personal it becomes and the more attached sellers are to the price and the tighter the grip they have. Unless they're in big trouble their pricing expectations are higher than group or corporate owned property. I've had individual sellers say "I don't care" when presenting facts, data, comps, and numbers, which support the offer price solidly.
@Sportsbob123 күн бұрын
What was the purchase cap rate? What were the terms of the debt? Did you do a bridge loan or long term debt? What is the interest rate, fixed or floating, interest only or amortized principal and interest, maturity date, loan to cost, loan sizing, LTV and DSCR requirement. Does it produce a positive cash flow after including the full debt service from amortization (interest and principal payment)? What is the cash on cash return on the hard equity?
@scottlarsen185512 күн бұрын
How do you get long term financing on projects like this? Typically they adjust every 3 to 5 years which can crush an investor
@ztd050128 күн бұрын
I live in Scottsdale. Hope I run into this guy someday. Would love to mentor under this legend.
@maxm.804222 күн бұрын
Never stop posting please
@Thaksinnaenaudon10327 күн бұрын
Thank you very much ! Ken McElroy Thank you very much!
@cryptoinside881412 күн бұрын
So it’s not a fix rate this seller had on this property…..is it only adjustable rate for properties like the apartment ?
@elvinvee342326 күн бұрын
This was a great mini course on purchasing .. and not purchasing.. 🎉great info
@tysonbrown127727 күн бұрын
Why would cash flow be the only reason to buy real estate? What about capital growth
@RichardBecker-yn7sp27 күн бұрын
He is talking about buying real estate through financing which requires a certain amount of rental income each month to pay the mortgage and other expenses. Capitol growth is acquired through long term ownership due to inflation and other factors.
@DanielBaleWyatt20 күн бұрын
A key factor often overlooked is that over 25% of new homes are being acquired by investors, rather than individuals seeking primary residences. Even if Baby Boomers decide to offload their properties or more housing stock enters the market, it won’t alleviate the underlying issue. Wealthy investors will continue to absorb the available inventory, which will keep home prices elevated.
@ConstitutionCurt18 күн бұрын
This why I’ve been waiting for a correction. Cash flow is almost zero in residential housing. Prices have to come down to be worth the purchase.
@jeremiahanderson115928 күн бұрын
Thanks Ken Happy Saturday
@madshane12321 күн бұрын
Great Video, we need more like this. Thanks Ken
@manchannel690028 күн бұрын
What happens to your commercial properties when your forced to find a new mortgage every 3-5 yrs at higher interest rates?
@IamJonny-o4v4 күн бұрын
Real Estate provides cashflow, tax benefits, equity building, competitive risk-adjusted returns, and inflation protection on its own. Whether you invest in physical properties or REITs, real estate may help you diversify your portfolio and reduce volatility. Dividends are what got me into investing in REITs, great way to secure the accumulate wealth, I hold AMT, CCI & PSA. $290k in profits made in 2022.
@winifred-k9e4 күн бұрын
Consistently investing in high quality dividend paying REITs & companies over the long term is a relatively easy strategy to create generational wealth. My "boring" REITs portfolio paid me over $4,000 in dividends last month.
@MattsMkia4 күн бұрын
Time to focus on high-value plays with discounted dividend stocks! I'm forever grateful to my CFP. I now have a six-figure REIT portfolio, including stocks like AMT, SPG, and PSA. Currently, I own 606 shares of AMT, which brings in $3,800 annually in dividends.
@JacobsErick-u8r4 күн бұрын
I want to play the long term game with well diversified fund. Please how can i reach this CFP of yours?
@MattsMkia4 күн бұрын
I'm been guided by "Melissa Terri Swayne" who is widely recognised for her competence and expertise in the financial market. She has a thorough understanding of portfolio diversification and is regarded as an authority in this field.
@LUCIASMITH-d1z4 күн бұрын
Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
@bubaba893828 күн бұрын
I don't trust any of these gurus untill i would get to see the numbers. How does he finance the purchase, how high are rents.
@luisandrews830026 күн бұрын
Remember that he’s a KZbinr and he has to do videos in order to make money so you will never know if he purchased the property or not ….so call it what you want fallacy ,fake that’s the way it is , don’t believe in anything you see on KZbin 😎
@TheDG83625 күн бұрын
Thanks for the reminder.
@bkzlatan24 күн бұрын
I love this guy he is so Honest
@knowthyself69026 күн бұрын
I was in Vegas last year and noticed many new nice places and said to myself, damn they built this with today's interest rates. No way, they got a good deal at these prices to build.
@dhowto300527 күн бұрын
Thank you! Congratulations on your new property!
@ChrisBarnardCBI27 күн бұрын
Ken, very inspiring video. Love the walk and talk style, with the beautiful property showcase you've done here.
@bryanwheel27 күн бұрын
I'm a small-time landlord for 12 years. What is the realistic financial scenario for the prior owners of this unit? I'd imagine they are using LLC or S corps but a $50 million dollar loss on a $140MM property seems like it could wipe you out even with those protections. I would guess they had a loan for $104MM. Or is most the loss just borne by the syndicate investors?
@roberttanner844328 күн бұрын
Thank you.
@cryptolatino922027 күн бұрын
This is a true Real Estate masterclass..
@ReynaDPerez28 күн бұрын
Gorgeous! Congratulations 😊
@derektaylor815826 күн бұрын
What rates are you using and amortizations to underwrite your deals? Are you underwriting it as a 25 year amortization and 5% mortgage rate?
@APerson-zf3rz27 күн бұрын
why is the seller selling it then?
@mlmov341727 күн бұрын
Cuz they bought it at the high and they cannot service debt!. Basically buy high sell low.😢
@jorgeplanells269027 күн бұрын
Great content Ken. Wish you well
@RealLifeFinance26 күн бұрын
Its just crazy to think cost to build apartments is $250k-$300k per unit
@elsololobo109127 күн бұрын
how does the bank look at the money(equity)that is "borrowed' from the investor? Do the investors have to take a second position on the property initially? What happens if things go south and you have to sell and/or in a really bad scenario the property gets foreclosed on in the case of the economy changing and suddenly the cash flow doesnt cover the bills...
@bubaba893828 күн бұрын
Break down the rents ,etc. It's very hard to trust that the building will pay itself out from rents
@ReynaDPerez27 күн бұрын
He’s doing additional add-value and plus appreciation.
@bubaba893827 күн бұрын
When i listen to him he says we bought it. How the purchase was financed is key. Yet he's speaking vaguely about the financing. If it's a mortgage, crowd funding or cash makes a huge difference and the difference between being profitable or not. Also he doesn't go into details about the sellers, when they bought it ,why they cannot do the same financing he does. Some key explanation are left out and without breaking down numbers there's no way of telling if it's truthful and if it was even bought by him at all. Remember you always have to think why a "billionaire " is giving out free advice.
@ken570927 күн бұрын
I love this pitch deck model! Once again, Ken, you and your team's creativity never ceases to amaze. Are you hiring?😁
@Daniel-b1s3s23 күн бұрын
It's time to acknowledge that a return to 3% mortgage rates may be unrealistic. If homeowners are forced to sell, we will likely see a drop in home prices, leading to lower property valuations. I know I'm not the only one who shares this outlook.
@HotManP-l5g23 күн бұрын
I also believe the government may resort to increasing the money supply and reducing interest rates to stabilize the economy.
@HarunTosun-wg4rc24 күн бұрын
I've got £100k to invest. I want to build a nest egg for when I'm older. I want to know if it's a good idea to add all my savings into a long term ETF, set and forget Come back in 20-30 years, instead of 250-300 DCA every month. Which ETF would you recommend?
@mandyyonge24 күн бұрын
the hottest stocks in recent years have been in the technology and communication industries, most investors find it easier to build their portfolios utilizing a financial advisor, perhaps you can do the same
@industrialize27 күн бұрын
Congrats on the pick up!
@florianewu725628 күн бұрын
Congratulations! 🎉Property and numbers look great! 👍🏻
@yinglong63128 күн бұрын
I wonder why the seller sells it, if it cashflows from day one for Ken. It should cash flow for seller too.
@joeg276027 күн бұрын
Not if the seller had higher carrying costs
@dawnduncan270928 күн бұрын
It’s always a “success story” from him but why isn’t he probably talking about the properties og his that arent doing well. Would sure like to know about that!
@antoinedavis989228 күн бұрын
Not good advertising.
@tixe927 күн бұрын
He has talked about other deals when things weren't so good . He also learned from the experience
@luisandrews830026 күн бұрын
Because it’s fake ,this is just entertainment
@robertwozniak765028 күн бұрын
Congrats!!! Great Content! ThnX!
@CraigKammanMN28 күн бұрын
Location. Location. Location. Nice deal!
@Nachitoleon357927 күн бұрын
Love it ,, I’m working so hard to be an acredited investor so I can partner and learn with MC capital 😊
@TheTrailmeister26 күн бұрын
The property may have been overpriced to begin with. Not sure if it was ever worth what they were originally asking. This is normal for a new development that the owner is trying to sell. You’re likely getting a market value deal and not a great deal. Nothing wrong with that.
@yldistributoninc977426 күн бұрын
Nice property, just good deal 👍
@marcelofelice325525 күн бұрын
Nice property indeed
@crypto_chick_28 күн бұрын
Hey. That building is right near my house 🏠…
@aarizphilip27 күн бұрын
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Brooke Grace Miller.
@kyleevanston27 күн бұрын
She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states
@HighlightsSerieATIM27 күн бұрын
The very first time we tried, we invested $1000 and after a week, we received $5500. That really helped us a lot to pay up our bills.
@SaadmaanShohid27 күн бұрын
I'm surprised that you just mentioned and recommended Brooke Miller, I met her at a conference in 2018 and we have been working together ever since.
@marthasteward027 күн бұрын
I'm new at this, please how can I reach her?
@jadewashington727 күн бұрын
I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills
@cpcreit28 күн бұрын
Ken gives away so much inside knowledge in these things...there is "one thing" that can still derail all this wisdom, a continuation of rate increases due to stagflation and "war"/out of control spending fiscally.....the reason we are staring into WW3 has much to do w/ too much debt and the default coming real soon, every govt wants an excuse to avoid Asian Crisis 1998. Timing of that BRIC summit last week is not coincidental, that 3/4 plus of the world wants a different denomination for their goods/services, which logically, would turn US into a Japan somewhat, printing massively due to a lack of reserve currency status...
@lawrencesmith905928 күн бұрын
The information here is something you can very quickly. There is no inside knowledge that will make you rich. He has made assumptions about the economy going forward that might be way off. We are still in a bubble, it has not burst.
@perryconnor69727 күн бұрын
It's cheaper for me to build new than buying older buildings
@perryconnor69727 күн бұрын
I'm paying $60,000 for a lot to build a duplexes on and the duplexes cost me $250,000 to build. I'm getting $1700/mth per side. Life is good. Thanks for your information and we always have to think outside the box.
@brandongreen117728 күн бұрын
How is it profitable for you now then?
@DIYDaveT28 күн бұрын
90 million will, in hindsight, turn out to be catching the falling knife.
@smiley888123927 күн бұрын
Maybe….however it could go the other way. If the cost of money goes down, (lower interest rates), then the value of the property goes up. As Ken says, you are solving for cash flow. If, however, the cost of money goes up, ( higher interest rates), then the value of the property goes down. Who determines interest rates? The Federal Reserve determines interest rates based on the bond market. The bond market comes down to supply and demand, just like any other market. The Feds have to sell debt. If there is demand for our debt, then interest rates go down. If there is little demand for U.S. debt, then interest rates go up to attract buyers. Which way do you think interest rates will go from here?
@FreedomTalkMedia23 күн бұрын
If it cash flows it cash flows.
@bubaba893828 күн бұрын
If the whole building is from one seller and rents are good etc. Why would he be selling it to you cheap if renting is profitable.Doesnt make sense
@alabd901028 күн бұрын
Commercial Loans are only for 5-7 years. Their loan probably came due and the new interest came back at market rate
@alabd901028 күн бұрын
If they bought with a 3% rate, and the new rate was 6% their debt service (mortgage) doubled
@bubaba893827 күн бұрын
@alabd9010 i understand what you say. Yet Ken would also be paying a 6% mortgage rate on 90 million. In that case renting wouldn't be enough to cover the mortgage
@alabd901027 күн бұрын
@@bubaba8938 well 6% on $90 million depends on the down payment Vs 6% on $142 Million
@tixe927 күн бұрын
Listening to these comments 😮 This is high level real estate . Lots of moving parts are happening. Sometimes it's better to listen than assume
@rpietryk469026 күн бұрын
Nice to see you are square take care of your health now
@usvadi27 күн бұрын
He is buying because real estate is going to skyrocket
@SM-lj2ef24 күн бұрын
So many tenants driving 100k cars lol
@polok89028 күн бұрын
High end rentals, just seems like your asking for it
@mann809826 күн бұрын
None of this applies to single family homes / condos
@markzick923621 күн бұрын
Renters, who wants to bet your rents will go up significantly in the very near future?
@coinjoinersunlimited114026 күн бұрын
And he borrowed 90 million he didn’t have ….. Genius! You ain’t playing the long game …you’re playing the LOTTERY LOL! Imagine having to rely on 300 tenants to make ends meet… 😂
@davidash311517 күн бұрын
The word smart = Spay. Smart Phone = Spy Phone and Smart Home = Spy Home
@Bloodsaber6424 күн бұрын
great, i just need 92 million dollars
@victorfontaine494328 күн бұрын
What’s your plan for the layoffs that are continuing to mount up by the thousands every month? (Anytime I ask a question in a room full of monkeys all I get is silence.)
@thehighway369527 күн бұрын
This guy doesn't have any money, he's a paper billionaire with debt to the eyeballs. Quit feeding this fool your money!
@unmanned_mission25 күн бұрын
i like the profile pic, wearing a cheap uber driver jacket
@kenjo304523 күн бұрын
Bad deal, housing will continue to drop for the next 5 years😊
@lawrencesmith905928 күн бұрын
he is too early. once deportation starts and unemployment skyrockets, the value will go down further.
@YehMichell24 күн бұрын
Hallelujah!!!! The daily jesus devotional has been a huge part of my transformation, God is good 🙌🏻🙌🏻🙌🏻🙌🏻🙌🏻was owning a loan of $47,000 to the bank for my son's brain surgery (David), Now I'm no longer in debt after I invested $12,000 and got my payout of m $270,500 every months,God bless Ms Evelyn Vera🇺🇸..
@YehMichell24 күн бұрын
Only God knows how much grateful i am. After so much struggles I now own a new house and my family is happy once again everything is finally falling into place!!
@Eduvige-q7j24 күн бұрын
I do know Ms. Evelyn Vera, I also have even become successful....
@DollieDaubney24 күн бұрын
Hey 👋please can you aid me on how to connect with her services???
@SolangeMarro24 күн бұрын
Same,l met Evelyn vera for the first time at the conference in Manchester, after then my family change for the best, God bless Ms Evelyn vera
@JhosueRey24 күн бұрын
Hallelujah.God still works wonders. place myself in position for such miracles and testimonies
@mikemaloney454520 күн бұрын
In simple terms, this purchase was an epic mistake! With the pandemic and mass acceleration of deaths currently and coming in the next 12 to 36 months, they won't be able to rent these units out for a decent rate as there will be an over supply of properties. Check back in 36 months time and I'll be spot on.😅
@MrJuanete1228 күн бұрын
Kenny... what if we hit a depression??? you may have overpaid...
@KyserMont27 күн бұрын
Thats why he makes sure it cashflows from Day 1. Even if the price does go down he can hold on and wait for the equity to grow and won’t be distressed
@FilipeSilva127 күн бұрын
@@KyserMontwhat do you think happens to renters when a crash hits?
@thomaskim500826 күн бұрын
As long as there are stupid people, there is always an opportunity to make money. Be patient and spend as little as possible
@ZorroDaddy26 күн бұрын
I hope they pass pass the law that forbids such large purchases, you people been blood sucking the Nation dry. Bad Karma.
@bleacherz750326 күн бұрын
Real estate industrial complex is hideous
@ZorroDaddy26 күн бұрын
@@bleacherz7503 True, Other countries have laws on rents, and is Caped.
@rpietryk469026 күн бұрын
Thanks for teaching me in reverse😂
@-Justjayfr28 күн бұрын
So much fake , show real numbers and title
@bombbbesttestt2328 күн бұрын
💰💰💸💸💯💵💵💵💵it’s time lol 🎉
@thyslop173727 күн бұрын
Some good transparency. My only disagreement is I think real estate valuation still have a ways to drop. I work as a vendor to large investors with significant apartment portfolios. I work with one real estate investment firm that has probably 1500 units across their portfolio where I live and quite a bit of commercial property too. His total portfolio probably, I am guessing, is just short of a billion dollars and he is hanging on by his fingernails.
@markmoore27322 күн бұрын
Ken, You sound like you are out of breath. Be careful.