Living in Chawl to Owning 4 properties | Passive income

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Meet Dhirendra Tiwari is a Finance Manager at Saama. Today’s episode will delve into his journey through money and finances.
In today's exclusive episode, we delve into:
1. Dhirendra's journey through the Consulting Industry.
2. How and when did he become Crorepati?
3. How Dhirendra Managed to build a Real Estate Fortune
4. How Dhirendra invests his money
5. How to Invest in Commercial Real Estate Smartly
This is a must-watch for anyone eager to unlock the secrets of financial success!
Watch the full video and join the conversation in the comments below. 🗣️👇🏻
Timestamps:
00:00 : Highlights
00:04 : Introduction
00:15 : Dhirendra’s Net Worth and Asset Allocation
00:34 : At What age did Dhirendra become a Crorepati?
02:00 : KPMG and Dhirendra Journey.
05:34 : Dhirendra’s smart Real Estate Decisions
05:58 : 3 Things that helped Dhirendra’s Journey to Financial Independence.
06:42 : Dhirendra and his Real Estate Investments.
08:21: Mathematics of Rental Income in Commercial Spaces
10:15 : How to Research while investing in Commercial Spaces
12:20: Total Rental Income on Dhirendra’s properties
13:20 : Is Dhirendra Financially Independent?
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Sharan Hegde:
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LinkedIn: / sharanhegde95
Twitter: x.com/financew...
Dhirendra Tiwari:
LinkedIn: / dhirendra-tiwari-a261859a

[@kevingutierrez-nc8gw]

Hit 200k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started with 17k in last month 2024.

[@texasdentist3-wx4ud2]

🤯Wow that's huge, how do you make that much monthly?

[@militarybase-xm4oy]

This is good. I'm 64yrs and have been looking for ways to be successful, please how? Love from Tacoma, Washington!!

[@kevingutierrez-nc8gw]

sincerely speaking. I will continue to trade and stick to expert Ms. sylvia's daily siignals and guides as long as it works superb for me explicitly.

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I will forever appreciate this channel and Mrs Elizabeth Frankel, you've helped my family alot, your videos, advice, lessons and funny words are inspirational and helpful to us. My Wife and I have been able to be minimal, conscious in spending, saving and investing wisely, you saved me from huge financial debt with just a small investment , I now earn every week. You're such a blessing to this generation. we all love you😘.

[@WrightFletcher2]

Wow. I'm a bit perplexed seeing her been mentioned here also Didn't know she has been good to so many people too this is wonderful, i'm in my fifth trade with her and it has been super.

[@FlorenceHazel7]

The very first time we tried, we invested $1000 and after a week, we received $7500. That really helps us a lot to pay up our bills.

[@DonnaJewettDicken]

She is my family's personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States.

[@BaruchEitan]

This sounds so good and I would like to be a party to it, is there any way I can speak with her?

[@SquireMiller]

I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much

[@Taki_takitoo]

This was one of the best video on the internet that i have seen innmy lifetime , story of a simple humble background , proper middle class

[@DrKallalPramanik]

I would say Dhirendra is exceptionally lucky and didn’t get ensnared in real estate frauds, which are very common in Delhi NCR, where builders are abandoning projects after siphoning off a major chunk of money. Also, it would be imprudent to account for the primary residence’s value under the FI corpus. Furthermore, the market values people are stating are often very difficult to obtain, and let’s not forget the taxes. For practical purposes, I discount the real estate value by 50% while accounting for the FIRE amount estimates. As a matter of fact, I have entirely discounted my real estate from this calculation and only account for them as buffers toward unplanned expenses.

[@Mahesh99777]

Yes.... I feel the same. Real estate not a cup of tea to all😮😮

[@t00862]

Exceptionally lucky in terms of being a CA, having a CA friend who did filing for the builder himself. So yeah, he is more street smart than most of us. Chawl life will make you street smart by default.

[@SingaporeBuilds]

Sad to hear about your loss brother. jai shree Ram🙏

[@sghsjsrxz2481]

He has not disclosed everything..he is talking of multiple properties - lodha , vasai, chawl, kharghar, thane, mulund etc. and when his brother expired unfortunately, he must have gotten around 1.5-2cr as insurance payment

[@anandmishra3934]

Unfortunately he has got only 20Lakh , because term insurance claim was not settled on the ground they have bought term insurance few months back prior to the incident.

[@sanrock21]

@@anandmishra3934 you mean to say term insurance has some grace period and after that they are supposed to pay full, you say they did not pay full and paid only 20L or what, I have term insurance but want to take one more.

[@sumantkamboj324]

​@@anandmishra3934 his brother also was working in KPMG, at the time of his death he was a KPMG employee, every company provides term insurance to its employee, which is minimum 50 lakh rupees.

[@PriyankaBanerjeee]

Sharan have some empathy man - you could have expressed some condolences when he mentioned his brother passed away.

[@sbid1]

Agreed

[@VivekGunda-ro2dt]

Guy is smart, humble and hardworking

[@dave1142]

I have devoted to my financial expansion this year, started with ETFs which has given me 12 percent growth so far but I recently diversified into Forex which has made me over 70k with a 100k capital

[@Rya1122]

Nice, are ETFs stable? I want to consider them for long-term investment and forex for daily income

[@Rya1122]

Can you teach me how to get started and what to do

[@dave1142]

Trading isn’t really easy so I employ the expertise of a pro Benjamin Ravies, he handles that aspect with his skill

[@dave1142]

I don't know enough to teach anyone, I am also using the guide of a successful trader Benjamin ravies to make gains

[@dave1142]

I can't teach you because I barely know how rather I use an expert for it

[@kcpatel10]

Wonderful session to learn young can do if he has good planning. Thank You Very Much for sharing your journey, you are really doing great 👍

[@Traderharsh23]

Are all his properties debt free? There are no EMI? How did he covered the first 1 cr loan?

[@vivekanandsingh2381]

Yes, thinking the same. He didn't mention EMI in expenses. Unless he paid it through Qatar earnings

[@Arvindpatel-bt1jx]

Its pure luck , that he is riding upon , he is a independent because he already had a good captial.

[@VRFIT-GAMERCISER]

Did u watch full video ? He clearly mentioned in the end that how to use mortgage loans as debt on properties to invest

[@VRFIT-GAMERCISER]

Nobody wanna reveals their entire personal data mainly involving numbers due to privacy issues n confidentiality

[@sumantkamboj324]

He got a minimum of 50 lakh of term insurance money from KPMG because his brother was also working in KPMG at the time of his death.

[@anandmishra3934]

Great learning & experience share by Dhirendra ji 🙏

[@abhirajmaisnam4574]

Thank you Sharan I learn a lot of knowledge about real estate from this video

[@omprakashmahawar5686]

Thanks

[@sbid1]

While i understand that this podcast is focused on financials, please don't take the human aspect away. You're gonna have to work on your empathy with people.

[@111badbrad]

He's earning 50lac a yr. In 3 yrs he can buy any property in cash In India most PPL make his 1months salary in a whole year, But hey he's struggled for it no disrespect in any way

[@Sh1v4_._]

how is he earning 50 lac per year? 1.5 lakh per month means around 24 lac in a year right?? yeah if you assume his salary to be 2.1 lakh as well than maybe he is earning around 50 lac

[@sanrock21]

@@Sh1v4_._ man listen to the video again his salary is 50L per year and monthly rental is 1.5 L extra from property

[@omkartiv8223]

@@Sh1v4_._ He said he got 50L per year without Tax in Qatar

[@t00862]

He was employed in Qatar, tax free 50 lakh

[@Harshbhardwaj1311]

What about the debt ?

[@teja787]

Congrats to him ...

[@t00862]

Inspiring brother 🎉

[@thomasmene6559]

Very informative

[@ali_edittz7]

Great informative and valuable video keep going sharan💯🙏🏻

[@WalterWhite-og6wj]

His combined rental yield is quite low. 1.5 lakh per month for 4.2 crore real estate which if put in even in bank FD will fetch 2.5 lakh per month.

[@sujalyuvraj5101]

But FD will not appreciate in value here property will give rent and appreciate over time

[@WalterWhite-og6wj]

@@sujalyuvraj5101 his property appreciated but rent still is 2-3% yield and what benefit of property appreciation when you cannot sell it? You can only get one thing.. either rent or sell it for profit. Else just take 2-3% return and stay quiet. This is what Warren Buffett says Asset rich and cash poor.

[@sujalyuvraj5101]

@@WalterWhite-og6wj but times comes when his investment makes 100% yearly as rent on total capital invested by him

[@prvz8733]

​@@WalterWhite-og6wj swp in mutual fund is better

[@WalterWhite-og6wj]

@@prvz8733 anything other than rental income is better in country like India which is in growth stage. People with black money often don't have much options that's why they deploy money only in real estate and physical gold.

[@hemshah1567]

What about the loans he has to pay to bank ?

[@t00862]

Loan to pay kar diya hoga, 50lpa qatar ki job se.

[@ssandeepdesai7]

Smart guy ! Enjoyed the conversation.

[@duderocks6483]

I don't think cycling to office is a takeaway towards financial independence. It needs to be interpreted that he doesn't really care for the opinion of others, basically the society at large. Most people who are far away from financial independence are due to the fact they try to keep up with the society and try to impress others.

[@tejaswinin2957]

Nice episode

[@Bigbull683]

Sharon acts over smart

[@vibha3776]

Agree

[@storynarrator552]

He just put his CA friend into trouble by disclosing he helped him get the insights of the builder which is a conflict of interest

[@WhiteboardFoundation]

Interesting!

[@ramavtarpurohit5013]

brilliant

[@personaluse1000]

good one

[@Cricketkeda28]

Amazing vedio

[@ImranKhan-rx3ge]

Still what is the EMI he's been giving out for the loan??

[@Observer-p5s]

13:30 8️⃣ crore Net worth Goes Office on cycle

[@ajaylokhande6287]

3 no. Khadi

[@I_agree_with_you]

Genius

[@rakeshkumarbhattacharjee8942]

Most of the comments are like ANGUR KHATTE HAIN ......😂😂

[@AbhishekGupta-nq4gq]

he looks 23

[@navjot4025]

Do it in hindi

[@RajatJain-h1p]

He is not married .... That's why he is happy ji

[@dhawaljain3837]

he has lernt a lot abt stock market and has 90% in real estate lol

[@zorrionraj9610]

A lot of things about this guy seems unclear, vague & doesn't add up. But okay whatever !

[@Shinkansen22]

5 crore is not impossible 😂

[@mrshiva0007]

I want to know what adjectly happened to his big brother I am just guessing he did using phone for hours while lying on bed, I am scared

[@limbiclimboo9660]

dude fire at 5 cr is bull shii ..either his father has got money or some other paternal acres of land in some village crossing highway , my father is an acclaimed financial advisor in delhi , he deals with clients who are leaving india settling abroad , i showed him this video , he laughed and asked to stop living in delusions ...5 cr of invested money can only make sense if one desires a life of 25K income per month ...and remember you need to have insurance ...emergency fund ...a house etc etc at every point in time ...which is in addition to that 25k ....recent bull runs have instilled a lot of unwarranted optimism for their entire life ...with the advent of AI and subsequent crash of us economy ...the basic safe side amount for a secure life is at least...37.5 million dollar liquid money ...approx 300cr rest all immovable assets and insurance is separate . the fool is the happiest...knowledge is curse

[@lispenAlGaib]

37.5 million dollar? this will not be enough if you want to live in Elon Musk neighbourhood. 2 million is enough to settle in India. 3 million for EU. 4 million in US. 5-10 million in tax heaven countries. AI is a hype it will burst soon but it will not go away. US economy will not fall anytime soon, UAE and US deal is expired and eventually they will have another deal, maybe they do not need any deal since world is moving away from fossils. with 37.5 million target you will never be Financially independent and will be working your lifetime with depression and no hope.

[@limbiclimboo9660]

@@lispenAlGaib i respect your opinion but the amount was for not thinking about for yourself and your children (2 in consideration) also that is not some arbitrary , some economist professor from london has come up with .

[@user-wp4kv8tl6q]

300 crores to get Financially independent...How is this even possible for anyone ?????

[@WalterWhite-og6wj]

This guy is living in his bubble. When he actually going to sell then he'll understand the true value of these properties. Other part is that at least 30-40% money he will get back in cash which will be of no use and he will be forced to again invest that back in real estate.

[@shannu1927]

And get taxed