Although I like many of Juzi's content, I still disagree with this idea (and most audience seem to realize and agree with me too). This BRRR is not something new. The underlying concept is to use extremely high leverage. When you buy one house with 20% down payment, it is 5x leverage. When you buy 9, it is 45x leverage (for Youcai, it is over 100x). High leverage is the winning strategy, only if the market keep going up. But the risk margin is very thin. If the market goes down, or rises a bit slowly, or goes sideway, the consequence of high leverage will be devastating.
@菊子说房产 Жыл бұрын
我们祈祷他的房客按时交租, 他能每月有5000美元的现金流吧! When you buy one house with 20% down payment, it is 5x leverage. When you buy 9, it is 45x leverage// 你这个论点也刷新了我的认知, 我学习到了leverage 的新算法。 如果是3%首付的交额外保险的贷款,杠杆是33倍, 如果这样买10个房子, leverage 是330倍, 听起来还真是吓人
而且現在美聯儲在加息,很多美國大公司都準備裁員。這樣會影響房租。有可能每個月從2500租金會降到2000。但是你的貸款,保險,土地稅, H OA,修理費都不會往下走。所以自己手上必須要有很多現金用來應付房租下滑的可能。當然,未來的日子也很難預測。不知道哪一天政府可能推出一個新的措施,因為有太多的無殼蝸牛,這新的措施就叫做租金控制。就是政府規定租金是多少就是多少。通常都是低於市場的。在美國的大城市常常看到租金控制的下場。這也是我擔心的政府政策。雖然德州一直都是共和黨的天下,但是現在越來越多的民主黨人從其他的州搬去德州,總有一天風水輪流轉,會看到社會主義政策在德州。
The landlord pays 3% property tax and pays the salary of all judges, so judges are toward the landlord, not the tenants. CA and MD pay 1% property tax, so the local laws there protect the benefits of the tenants much more than those of the landlords, sometimes, much beyond our imaginations.
德州zoning 非常松,他们有一种 zoning 是unrestricted land 。 It means you can do absolutely whatever the heck you want. So there are no restrictions from the zoning, deed, city or town, easements, home owner or property owner associations, or municipality. zoning 松,新建房就会多,因为审批程序(甚至可能都不需要)容易。
@Di-yd1he Жыл бұрын
@@菊子说房产 学到了~谢谢菊子姐!如果自己想新建房,有办法估计大概要花多少钱吗?还是只能跟每个construction company 谈?