What Is The Best Strategy For Investing In Real Estate?

What Is The Best Strategy For Investing In Real Estate?
Listen to how ordinary people built extraordinary wealth-and how you can too. You’ll learn how millionaires live on less than they make, avoid debt, invest, are disciplined and responsible! Featuring hosts from the Ramsey Network: Dave Ramsey, Ken Coleman, Christy Wright, Rachel Cruze, Anthony ONeal and John Delony.

[@Riggsnic_co]

80% stocks 20% cash. I plan to take advantage of the s&p 500 as leading indicators predict above 10% rise by this year, my only issue is how to properly allocate a large $5m stock/bond portfolio for substantial gains at minimum risk of inflation.

[@JacquelinePerrira]

I believe that diversifying your investments is the safest way to handle it. One way to lessen the effects of a market crisis is to distribute investments over a variety of asset classes, such as international equities, bonds, and real estate. It's critical to look for expert advice.

[@Ashley186fre2]

Accurate asset allocation is crucial, and some individuals use hedging strategies or allocate part of their portfOlio to defensive assets for market downturns. Expert guidance is vital for achieving this. This approach has helped me stay finan-cially secure for over five years, yielding nearly $1 million in returns on invest-ments.

[@kevinmarten]

Fantastic! That sounds wonderful. How can I get in touch with your financial supervisor?

[@Ashley186fre2]

When ‘Carol Vivian Constable’ is trading, there's no nonsense and no excuses. She wins the trade and you win. Take the loss, I promise she'll take one with you.

[@kevinmarten]

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.

[@JalenBooekr]

I believe investors should focus on under-the-radar stocks, especially given the present rollercoaster nature of the stock market. 35% of my $270,000 portfolio consists of collapsing stocks that were previously respected, and I don't know where to go from here.

[@GeralynWinnifeld]

To tackle investment risks, the safest approach is to diversify across various asset classes, such as bonds, real estate, and international stocks, to minimize the impact of a market meltdown. Seeking expert guidance is essential.

[@tahirisaid2693]

Many people underestimate the value of advisers until they experience burnout. After a challenging divorce a few summers ago, I sought out a highly qualified licensed advisor. Her guidance has been invaluable in keeping my company afloat and thriving, despite inflation.

[@EmiliaGeelan]

how can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success??

[@tahirisaid2693]

Angela Lynn Schilling is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..

[@EmiliaGeelan]

I just googled her and I'm really impressed with her credentials; I reached out to her since l need all the assistance l can get. I just scheduled a caII..

[@ChristopherAbelman]

After I sold some property in 2020, I'm anticipating a housing crisis in order to buy inexpensively. As a backup plan, I've been thinking about purchasing stocks. What recommendations do you have for the best time to buy? On the one hand, I keep reading and seeing trader earnings of over $500k each week. On the other side, I keep hearing that the market is out of control and experiencing a dead cat bounce. Why does this happen?

[@HildaBennet]

Most people are unable to stand a fall since they are accustomed to bull markets, but if you know where to look and how to get around, you can profit handsomely. It depends on your entry and exit strategy.

[@JosephineKenney]

Tthe US stock market had been on its longest bull rally ever makes the widespread worry and enthusiasm understandable given that we are not used to such unstable markets. As you pointed out, it wasn't tough for me to earn over $780k in the last 10 months, so there are chances if you know where to go. I hired a portfolio advisor since I was aware that I needed a solid and trusted plan to survive these trying times.

[@PennyBergeron-os4ch]

I've tried looking into new strategies to make profit in the current market because my portfolio has been in the dumps for the entire year, but everything I tried just seemed to miss the point. Please let us know who your asset manager is by name.

[@JosephineKenney]

Her name is Sonya lee Mitchell. Hope that helps

[@PennyBergeron-os4ch]

Just copied and pasted Michelle on my browser and her page popped up immediately, thank you for saving me hours of researching.

[@user-qk9ro8rp8t]

Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing with $150k and in the first 2 months, my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and get more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.

[@user-qk9ro8rp8t]

@user-rw6eu8rm8v However, if you do not have access to a professional like Judith Ann Peace, quitting your job to focus on trading may not be the best approach. It is important to consider all options and seek guidance from reliable sources before making any major decisions. Consulting with an AI or using automated trading systems can also be helpful in managing investments while balancing other commitments.

[@user-qk9ro8rp8t]

@user-rw6eu8rm8v Judith Ann Peace is her name .

[@user-qk9ro8rp8t]

Lookup with her name on the webpage .

[@JakeBayCity]

Wow, which company do you use a financial advisor?

[@AUstinnesc]

Currently working overseas but will return to my home country in the near future. I'm a landlord. I invested in property at the age of 22. Value has soared and renting out. Will live on the rental income I receive and live with my aging parents for the time being. At 60 I can withdrawal from my superannuation (401(k)). Have savings and eligible for the Australian pension at 63. In the future I may downsize, sell the property and buy cheaper property and add the left over money from the sale to savings. Lots of options for me. The way I see it if you have $1m at some point, that’d be enough to create a portfolio that would pay you between 50k-70k in dividend income...

[@sherryie2]

I've been saying the same thing for years as you age time gains value and money loses value. I retired at 62 and moved to the Philippines after I recovered from a work place injury. No stress, no rent/mortgage/debt, cheap to live here, eating healthier and the wife here treats me like gold. It doesn't just depend on saving, To optimize financial outcomes, individuals can seek guidance from a qualified financial advisor who can provide tailored advice and strategies to minimize expenses and maximize income.

[@corrySledd]

@@sherryie2 A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for license advisors and came across someone of due diligence, helped a lot to grow my reserve notwithstanding inflation, from $275k to approx. $850k so far.

[@McElvinn]

@@corrySledd This is exactly how i wish to get my finances coordinated ahead or retirement. Can I get access to your advisor?

[@corrySledd]

@@McElvinn credits to NICOLE DESIREE SIMON, one of the best portfolio manager;s out there. she;s well known, you should look her up

[@McElvinn]

@@corrySledd I looked up NICOLE online using her fullname and researched her accreditation. She seem very proficient, I wrote her detailing my Financial market current position, goals and scheduled an appointment. Thanks

[@GeorgiaMoore.]

I just sold a property in Portland and I'm thinking to put the cash in stocks, I know everyone is saying its ripe enough, but Is this a good time to buy stocks? How long until a full recovery? How are other people in the same market raking in over $200k gains with months, I'm really just confused at this point.

[@joshhushed5890]

How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?

[@joshhushed5890]

Thanks for sharing, I just looked him up on the web and I would say he really has an impressive background in investing. I will write him an e-mail shortly.

[@genavazquez2943]

This is a good recommendation. My first experience with him gave me the assurance that has made me to invest without fear of loosing

[@ivymadanhennion8108]

It's remarkable to have faith in someone who can consistently deliver profits under a circumstances, and they never disappoint. I trust John Desmond Heppolette, implicitly, and since trading with him, it's been nothing but victories...

[@wilmabrock6401]

excellent share, no BS. just copied and pasted his full name on my browser out of curiosity, thankfully his site came up after scrolling a bit, he seems first-rate.

[@reynaldo2447]

The future belongs to those who believe in the beauty of their dreams. Success is a state of mind. I think I'm blessed because if not I wouldn't have met someone who is as spectacular as Expert Mrs Teresa Alice Butler

[@alexandrajuliette6899]

I'm glad I was introduced to forex trading and got the best teacher and mentor who helped me understand the financial market I'm grateful to Mrs Teresa Alice Butler 🙏

[@jordanmorris9663]

It's a miracle and I would testify, $110,000 every 4 weeks! I now have a big mansion and can now afford anything and also support God's work and the church.

[@Theodorelisa52]

I have made more than 90K USD God bless Teresa Alice Butler God bless United Kingdom 🇬🇧

[@elmermildred5624]

Thanks for continuing updates I'd rather trade the stock market as it's more profitable. I make an average of $34,500 per week even though I barely trade myself

[@mollyphee36]

Thanks for continuing updates I'd rather trade the stock market as it's more profitable. I make an average of $34,500 per week even though I barely trade myself

[@charleskaren3948]

If you wanna be successful, you most take responsibility for your emotions, not place the blame on others. In addition to make you feel more guilty about your faults, pointing the finger at others will only serve to increase your sense of personal accountability. There's always a risk in every investment, yet people still invest and succeed. You must look outward if you wanna be successful in life.

[@nicolasadrien5100]

The first step to successful investing is figuring out your goals and risk tolerance either on your own or with the help of a financial professional but is very advisable you make use of a professional like I did. If you get the facts about saving and investing and follow through with an intelligent plan, you should be able to gain financial security over the years and enjoy the benefits of managing your money.

[@simonfrederic2762]

Making touch with financial advisors like Kimberly Kent who can assist you restructure your portfolio, would be a very creative option. Personal financial management will be crucial to navigating the next difficult times.

[@pierrelouis6841]

Her success story is everywhere. I keep on hearing expert Mrs Kimberly's name being mentioned here and other platforms, Does she really worth the credits and reviews?

[@Welch-miranda]

yeah she does and in my opinion, it's a huge one and chance for you to change your life with trading.. I just bought my dream Mercedes from last week's profit. All thanks to her expertise.

[@pierrelouis6841]

Do you happen to know her contact info and /or willing to pass on her info? I'd really appreciate it.

[@velayuthman]

The prospect of investing a large sum of money into the real estate can be both exhilarating and daunting. With the right approach, there’s a potential for significant wealth growth. Right now i'm in dilemma of the best alternatives to make use of my cash reserve of $700k.

[@Shultz4334]

Just try to diversify your portfolio to other market sectors, that way your investment is balanced and you don’t get to make so much losses.

[@TeresaBrickle]

@@Shultz4334 I stopped listening and taking financial advise from these KZbinrs, because at the end of the day, I end up with a bunch of confusing stocks without knowing when to take profit, In reality, all I needed was professional advice.

[@colleen.odegaard]

@@TeresaBrickle How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?

[@TeresaBrickle]

I’m a Travel-Nurse, and my job doesn’t permit me the time to properly analyze my holdings/evaluate stocks myself, so I’ve had a fiduciary " *Theresa Maria Kost* " actively restructuring my portfolio for the past 7 years now to match the present market condition and that’s how I’ve been able to stay afloat, knowing when to buy and sell…maybe you should do the same.

[@colleen.odegaard]

@@TeresaBrickle 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 scheduling a call.

[@therationalistparty9742]

Thank you for the advice Dave! Looking to buy my first rental soon!

[@lenorasgate]

Insightful video. I just want to know best how people split their pay, how much of it goes into savings, spendings or investments. I'm 42, and earn nothing less $150k per year, but nothing to show for it yet

[@elvia869]

People spend money when they have it. And certain people spend more money when they have more. Consider seeking advise from a financial advisor if you are concerned about managing your finance better

[@brooks377]

Right, you can avoid the pitfalls associated with lifestyle inflation by consulting a well grounded advisor, to help plan your short- and long-term goals, it all depends on proper guidance. I've watched my income generate wealth over the past 2 years and 6 months, I now own a house fully paid, and with at least $2.2m sitting in savings thus far. All of this is...

[@elvia869]

@@brooks377 Nice, who is the FA aiding you if this is not much i'm asking? my retirement plans are going down the drain with my 401k particularly losing everything it gained ever since 2019

[@tmseaman]

@@elvia869 Her name is BRIANNA MCKEE HARRIS, can’t divulge much. Most likely, the internet should have her basic info, you can research if you like

[@miketracy9256]

Those who do well in RE are usually experienced, know values, and how to find responsible tenants. As with most things in life, the number of people who can do this and have long-term success is probably well under 10%. It is never as easy as the "experts" try to tell us it will be, especially if it needs fixing. We have been RE agents since 1988 and property managers since 1993 and we are still learning.

[@Je.rone_]

im happy i recently found this channel,

[@freedomworks3976]

Dave and Winston need to write a separate book JUST ON REAL ESTATE investment. It would be great because how many real estate books teach 0 debt 0 credit 0 payments 0 mortgages ???

[@otpicus]

Thus, smaller audience

[@plants4thewin]

More videos like this Dave! Great Advice!

[@tomd800]

Great videos!

[@andrem1238]

I LOVE the inspirational tune at the end! Wow!!

[@thatboytosin365]

I love seeing Christy and Dave together. He was energetic, fired up and passionate about the topic. Loved hearing about his first ever flip

[@yasminogbu8929]

Agreed

[@j.m0ney133]

You certainly can make the argument that financing properties at these historic low rates makes a lot of sense but the mental baggage it can weigh on your life may not be worth it.

[@SenorJoeBiden]

The benefit of real estate is that you can take out leverage without taking on that much more risk (unlike leverage with stocks). If you take out a loan that is 50% or 60% LTV, you're not going broke, even in 2008.

[@betterhomesnc2437]

I leverage. I sleep fine.

[@joemeyer2726]

@@SenorJoeBiden stocks no different, just don’t use more than 50% of your line, but better because real estate you lose property if no tenant while portfolio growth expands your line on its own

[@edmlegend7224]

There’s low interest rates rn but the price of houses are insane.

[@fbi6555]

The key is to buy the worst house in the best neighborhood. If you do that, and then do that during a crash, you’ll be sitting right next to Dave letting people know how to buy.

[@hlhl2691]

This was an awesome video! I would like to hear more from Dave about this topic!

[@dudemanproductions4529]

I’ve heard him talk about him buying all these real estate properties but I wish he tell us how he bought them. Did he have 20 million in cash on hand, did he have it in a money market account? Surely he didn’t barrow 20 million right?

[@ecclairmayo4153]

Thank you!!

[@annajones9701]

Dave made a fortune from real estate. If you have cash on hand in crisis you can be rich

[@NeyJ]

Just another reason to stay out of debt and save! be ready

[@hardsole34]

But do you always have to buy during crisis to be rich?🤔

[@annajones9701]

@@hardsole34 no but it helps

[@YanilleCastillo]

We definitely need the Holy Ghost for directions 🙏🙏🙏🔥🔥🔥☝️❤️❤️❤️❤️in Jesus Christ name

[@YanilleCastillo]

Dave I bought in 2007 before the crash I pray you would give advice to us about that in Jesus name

[@LROSAN2023]

Hello Ramsey, due to Amazon HQ2 moving into our area, some of our zoning laws have been changed in order to provide more housing to the influx of new residents. I own a 6000 s.f. corner lot with a 1920 single-family house and a shed on it. I am now allowed to build up to 6 units on this lot and of course, I need help from the beginning to the end of the project. Do you have a video where I could begin to learn about building such a project? Of course, I will depend on a bank loan, but I have lots of equity in the property.

[@versage487]

Hi Dave. Can you please write a book on real estate for beginners. I love your wisdom and as a follower I would rather prefer your advice then anyone else. Brenton. South Africa. Tx ☺

[@tannerrobertson9988]

If you haven’t already, check out the materials that BiggerPockets puts out. Brandon Turner is great at overview / entry level information through their books. Just keep in mind that they will lay out all common investment methods with Real Estate, not just for conservative ideology. So you may have to take the information through your own risk tolerance lens. They also may be geared towards the US based market, tax system, etc.

[@kellybailey5827]

Hi! Would you please share the details for your headset. I am looking for a new one.

[@eden821]

Dave Ramsey is an autodidact extraordinaire when it comes to real estate. So much wisdom!

[@normanrubenzer]

grandmas home is paid for,6 siblings have to choose to rent or sell home. 3 want to rent and borrow agaist the home to buy more propertys. 3 just want out. is it a good idea to buy into the home. the 3 that are in would have to pay the other 3 off. what's the best advice to give for the ones wanting to rent? so about 50k to buy out each sibling. so each sibling would be invested at 100k each. how long does it take to recoup your 50 k investment? renting home out for 2k month so what kind of return can you expect divided by 3?

[@azaharulislam3407]

Good project

[@jamesd6717]

I don't agree with all of Dave's views on debt, but his RE game is on point. You get what you pay for VERY often in real estate game

[@SeanManks]

In today’s world , buying real estate is easy if you can afford. But, you need to have a good Mgmt company to take care of it. Plus, due to housing market boom, it’s become very expensive to hire handymen, plumbers, electricians etc., they are charging any amount to their liking & they are very busy too.

[@greata4883]

There is no doubt about this. But at the same time it is very profitable though I invest on some other things that brings the big bucks while I compound real estate profits. What’s your contact let’s talk more

[@oco987]

He should really write a book on real estate investing. Yes, I won’t take all of his advice but certain things that he said are actually useful. Like don’t buy on the appraisal. If you are buying investment property and it comes in at its appraisal number, that’s not a great deal

[@patrickvinzant3136]

👍

[@JanetDiaz6152]

Can someone answer this. My inherence home in ny bx which. I havnt yet put my name on deed . My sister sold her share to an investor . Whom went and put his name as llc to deed. Now the home has 2 violations. Called oath hearing. And was not authorized to answer summons. The investor knows he was to answer and never did. The question is when i buy his share . Will i have issues with the summons being in default. Oath said its in his company name. Just want to know , to be prepared.

[@JeramieSaito]

I plan on getting into physical real estate investment.

[@jamesgay1721]

See I love how Dave Ramsey said he almost lost money over a real estate property. So like he said do the math, do the math.

[@carlosz7208]

I’ve a paid off property. Maybe get $300k after property gain tax and commissions. Brings in $1,500 monthly after HOA and all. Is it a good time to sell considering the market is close to the top of the wave?

[@jakedonahue2275]

Martin County, Kentucky!! Next big place for real estate in five years. Calling it now. Solar power company coming in, infrastructure spending coming in.

[@Wishfull171]

Please don’t, my home state is one of the few states left for middle and lower income families to buy homes.

[@sammy74747]

With the low rates these days, paying cash for a house is mathematically stupid.

[@LG123ABC]

What I want to know is where do you find these great "deals"? Especially in today's real estate market. I'm sitting on cash that I would love to invest but everything is way overpriced!

[@eden821]

Well, you need a lot of patience to be a value investor. I had some money since around 2010 that I deployed in mid 2020 when I bought real estate stocks when the net asset value was at a 40÷ discount to pre COVID market values.

[@dhpitcher]

Do not waist your time because there are no deals out there. Instead invest your money in ETS's, Genomics, REIT's, Cryptos and Metaverse

[@JB-nw1ej]

I’m in the same place just banking money in a brokerage account to ride the market and wait for the deals

[@dilhack2682]

Dave has said himself the market is too hot to buy right now. He hasn't bought anything new for a few years. It's a waiting game until the market dips for whatever reason. The only real way to find a deal right now is to be willing to buy a trashed house and put the time and money into fixing it. I have a friend doing just that - makes great returns doing it but he has some crazy stories.

[@donaldlee6760]

One way is if your elderly neighbor who happens to also be a hoarder must move out. You can then speak with the children that live out of state. When they come to visit you tell them you are willing to buy the home as-is and will deal with the trash, and save them the hassle and the real estate commission. They will thank you because they have their own lives and can't be hassled with taking time out to sell the parents home plus dealing with their parents new phase of life. Obviously you will pay a price that satisfies both you as an investor and the children who have no time to deal with their parent, raising their own children, and selling the parents home in a far away state even though they must still stay on top of their demanding and busy career.

[@trentslusher317]

You can turn $40 into $400.00. Put gas in your car so you can get to work.

[@markpierre5967]

😭😭😭

[@mba2ceo]

have your family BANK connections to get capital to buy then rent to the poor ?

[@SG-zh5xd]

Avoid paying top dollar for real estate look for a beat up house in a good area ,if you are in the hood then flip it .

[@regtalkswealth]

Wisdom 😁

[@MrFree006]

So, we can call the " Leave someone else holding the bag" strategy.

[@MillionaireMindsetClub]

Managing rental properties is a full-time job 😬

[@fauxbro1983]

Depends on the amount of tenats

[@annajones9701]

Not if get a manager to manage

[@saulgoodman2018]

You get a property manager.

[@annajones9701]

I own properties around the world. I do manage any

[@a.m.doesit9347]

Depends older properties yes you'll definitely always be fixing something stick to newer homes if you want to save yourself a headache or if you're not the handy type that can do small to medium size repairs

[@CaseyBurnsInvesting]

If you can’t afford a rental you can always house hack (rent out your rooms). That’s the best way to get started imho.

[@annajones9701]

You do not get property appreciation from capital growth

[@appleforever6664]

Casey the Spammer! Stop giving worthless advice!

[@appleforever6664]

@@annajones9701 - Casey is a Spammer.

[@annajones9701]

@@appleforever6664 He does give some good advice buy he does spam a lot

[@rlopez2626]

@@annajones9701 - He wants to hook you in. He’s a non-millionaire giving advice.

[@anthonyescareno]

Basically, he’s saying the best “strategy” is to buy a property under its actual fair market value. Basically, he saying, “good luck.”

[@jigarmehta5397]

Dave you made your money on Real Estate but you have entire program only on mutual fund stock market

[@joemeyer2726]

Wrong, he made money selling books tapes and now subscription service

[@astroman30]

@@joemeyer2726 Dave's made money on mutual funds, real estate, successful books, radio shows and helping people. It's well worth the price.

[@joemeyer2726]

@@astroman30 wrong, he wealthy from Ramsey solutions, no different if me doctor make $1mm year and save 15%, my wealth from job not 401k

[@astroman30]

@@joemeyer2726 Oh, so you're saying that Dave is lying, but you're right as you have the inside information to his financials? GTFOH.

[@joemeyer2726]

@@astroman30 no i am not saying dave is lying, restating what he has said, he only makes 8% cash on cash on real estate, 12% on mutual funds, he has a net worth north of $300mm from his company, ramsey solutions, he owns huge real estate portfolio and it was purchased from cash flow of his business,

[@graywilliams_77.]

Real estate investment losing money is music to my ears. They are a major reason why the real estate market is the way that it is now.

[@saulgoodman2018]

He bought 200 million in real estate for 20? I doubt that. Those number seems way off.

[@philipgerry5228]

It might be 200 million now, not when he bought it.

[@pawelwisniewski6849]

If he bought in bulk packages from the scared banks that time it’s highly possible

[@shareworthy5720]

He said he bought 200 million dollars worth of property for about 20 million..

[@pawelwisniewski6849]

@@shareworthy5720 correct , he bought it for 20 and it’s worth 200 now ( bought it at huge discount back then in 2008 when everything was selling cheap then it did appreciated for last 13 years to 200 mil )

[@saulgoodman2018]

@@pawelwisniewski6849 that's not how it sounded.

[@pawelwisniewski6849]

Didn’t Walgreens start buying their own land/properties in the last crash ?

[@the4fwords]

So Dave owns 100s of millions worth of real estate and purchased all (100%) of it with straight up cash?

[@marygeorge6499]

I have been investing in real estate for a while now and a lot of people talk about Cryptocurrency. Who else thinks this crypto trading is kinda easy but is way to nervous to start.

[@bradleyaustin7052]

Speaking of crypto trading. It's the best business in the world right now, I know a couple of friends who make a whole lot of money trading the crypto market.

[@bradleyaustin7052]

Investing with an experienced expert is the best way to get started in the Crypto market. Learnt that the hard way though.

[@bradleyaustin7052]

There seem to be an increasing number of beginners who are yet to fully grasp the knowledge of trading well.

[@matteo2918]

For me the best I have succeeded in crypto trading is by trading with a good account manager.

[@matteo2918]

Trading with expert is really beneficial only if you find a trustworthy expert who has unending zeal to make money.

[@Matt-cr4vv]

Real estate seems like a topic you need to be passionate about and a high degree of product knowledge to really succeed with. It seems cool but isn’t for me.

[@marcostation1000]

lol he tell people to buy houses right before they are about to fall.

[@musicpro7278]

They won't fall for another 5 years if people have money I wouldn't wait but if ur broke wait

[@SG-zh5xd]

For me only if in the right area

[@Matthew8473]

Incredible! This content is a true masterpiece. I recently read a similar book, and it was an absolute gem. "The Hidden Empire: Inside the Private Worlds of Elite CEOs" by Adam Skylight

[@bhupesh0111]

Buying real estate with cash in this day and age is the dumbest decision one can make when there is free money available. Inflation and taxes are touching 8%. 15 year is available at 2.5% and 30 year at 3%. It's free money available to borrow

[@foremanswildliferemoval6170]

It’s actually not free money. It might be cheaper but it’s not free. Try calculating what you’ll pay in interest over that 30 years. You could likely have bought the house 1.5 - 2 times over. Plus your not calculating any risk into the equation.

[@bhupesh0111]

@@foremanswildliferemoval6170 lol this is wrong discussion at a wrong channel. There is no 1.5 or 2 times it's just 3% interest u r paying..if u r making 10-12% and paying 3% as interest any sane person will borrow.

[@dylankmorgan]

Valuations are highly correlated to the interest rate. Prices today are based on a low interest rate, which is going up. Based just on interest rate, you are always paying the same for assets. If interest rates are low, prices are high. If interest rates are high, prices are low. The money you save in cheap interest will cost you on the resale. Personally, I'm all cash right now. I only invest money into my own business because the prices of assets in all sectors don't make financial sense to me. Yes, I know that inflation is currently eroding the value of my cash.

[@bhupesh0111]

@@dylankmorgan great to hear your perspective. I'm in real estate since 1997 and I'm 58. I have made 70% of my net worth in real estate and I do believe it's a very very slow way to become very very rich. I wasn't born in this country as I came here in 1990. Real estate gave me so much and I continue to invest in it carefully now since I'm 58. My net worth is close to $6M and I feel so thankful to the person who told me to buy my first SFH in 1997. 🙏

[@matthewnoah1814]

In this market I’m saving everything, information too high, hasn’t balanced, I know the stock market is way over value gonna crash when republicans take the house and senate, then I’ll be ready

[@timothyday90]

I'm new to Bitcoin and would like to invest. But I've got no idea on how to make real profits. Can someone please tell me how to go about it.

[@lolaharrison54]

lot of people are rushing into bitcoin without the knowledge of how it works and that's very wrong so I suggest you find someone to guide you.

[@summercampbell8377]

You're right. If it was easy as hyped on social media, All who had cryptos on any broker/exchange would be millioners by now.

[@braydenmorin586]

Yes but finding a high rated broker/expert to guide you isn't that easy.

[@quinnlavoie2947]

I stumbled across recommendtions and testimonies of people expert Tiffany has helped, and I decided to try her out...my 11th weekly return is currently on its way.

[@quinnlavoie2947]

probably the best I've ever came across. Started with 13k and I'm up with 68k in a short period of time. I was able to grow a business from her steady gains.

[@matt.108]

I hate it when people are against leverage in real estate. If it’s a fixed rate mortgage the banks can’t just ask for all the money. Dave lost it all because he did 90 day notes. Not 30 year fixed rate mortgages like everyone does now. His one size fits all approach is really ignorant.

[@astroman30]

Philosophically speaking, Dave is correct. I agree with you as well as I use HELOCs to buy my properties and pay off the loans ASAP. But, if you don't have the discipline to pay off your debts, you'll be eaten alive.

[@Polo22546]

He bought HOW MUCH for HOW MUCH?? Yikes!

[@vangtk10]

Basically, if youre rich… you’ll get richer. If you’re broke, keep dreaming.

[@drtij_dzienz]

Interesting word choice, “stolen”. And young folks today wonder why they can’t catch up to housing prices in trendy areas like Nashville TN.

[@betterhomesnc2437]

Because of government backed loans and people buying who shouldn't be.

[@joemeyer2726]

Not aware of a single highly successful person family firm as professional real estate investor without debt, can you? Obviously Ramsey not example since after his bankruptcy he was never a real estate professional again he was just an investor with his wealth from selling tapes books dvds and now internet subscriptions

[@Bertuzz84]

Man you Americans are old-school. A check in the mail haha... haven't seen that here in my lifetime.

[@mazibukomail]

I think it's a saying.

[@linkbelt111]

That was funny. Who’s gonna sell a 200k property for 150k? I’m waiting……lol

[@MCHAGGIEDELPHIA]

Thirteenth

[@pawelwisniewski6849]

671st

[@MCHAGGIEDELPHIA]

@@pawelwisniewski6849 lol

[@tylerjames3202]

Real estate is a very lovely investment but I prefer trading with a professional trader for huge returns you can't imagine melisa rowe really helped me change my life in the world of investment

[@umbertolombardo3838]

wow I can't believe you know her too a friend that referred me to her made a profit of $7,500 in just 9days if trading I became jealous

[@grahamstephan3222]

I started with $2,500 at October now am at $21k now! It still feels like a dream thanks to expert Melisa rowe

[@jamesdavis9870]

I'm surprised you know her too I have been making alot if profits investing with her a few months now

[@diazzjosh2944]

Please am new to this how can I reach her? please help me out

[@tylerjames3202]

@@diazzjosh2944 it's tradewithrowe

[@brianpulliam1100]

Being a house flipper would not work for me. I am not a DIY fixer. I know that real estate would not be a money maker for me.

[@shauncoombs1058]

Buy and hold! Find a good property management company that will fix any needed repairs for a fee along with the monthly management fee. Management fees are usually 10% of the monthly rent .

[@coresupportservices9065]

5:16 - learn not to speak when he is speaking. Missed what would have been good information from him.

[@on4acres]

He answered the real estate question poorly. Beyond talking about how he bought property cheap in 2008, he offers no real advice here.

[@ZKRACE25]

This guy literally got lucky his whole life haha ita not relatable anymore

[@dropoutandretireearly1781]

GOOD JOB DAVE ON THE STEAL ON THE REAL ESTATE !!!!! YOUR UP A 1000% SO FAR ROUGHLY !!!!

[@jimdavis762]

Not very Christian, profiting from other people’s misfortune.I wouldn’t be comfortable buying a foreclosure property and I have the means to .

[@christiangarcia01]

Doesn't stop the house from being auctioned and bought off by a savy investor, it's a blessing in disguise maybe on both parties although might not be apparent in the moment

[@j.asmrgaming1228]

I come at it from a different perspective. I know I am generous, not trying to pat myself on the shoulder just saying that I know what's in my own heart. So if I can make lots of money when the opportunity presents itself and then use that money to help other people it seems at least net neutral to me. One could make the argument that someone else could use it more, but a just as good argument could be made that one person already bought the house when they couldn't afford it and then actually lost money through the whole thing. Personally I think the bigger problem is the ever increasing ease of borrowing for these properties increasing the price.

[@HobbyZobby]

I always try to convince myself otherwise, but this guy is one of the biggest clowns that I have ever witnessed only comes up with more clown stuff and I continuously try to think of this guy any differently than a clown

[@johnSmith-uz8nl]

Real Estate today is not like it was during 2008 - 2012. The way you make money is by BUYING LOW. There will be crashes in our lives and you just need to be able to pounce when a crash happens. I am not sure if there will be another downturn in real-estate for MANY MANY MANY years to come. Some rule of thumbs that I like is (1) monthly rents should be between .008 - .012 of the purchase price (2) if you estimate the rental income, it should take less than 8 years (maybe I would use 10 years) to pay for the home (3) try to make 8% (maybe I would use 5.5%) return on your investment. All these rule of thumbs are VERY hard to do in today's market... and there are many other ways to look at real estate such as ROI based on your down payment and buying a fixer upper and getting a mortgage and after you are finished you refinance and pull out cash. I personally would like to put down 50% for a renal property. AND LIE to the bank if you can and tell them it will be your primary residence... to get the best mortgage rate... you may say the property is for you, this is what you can afford and you are separated and you see a divorce in the near future.

[@mkefurst9830]

Not the best advice to commit mortgage fraud, it is a crime after all. But everything else I liked. I just wouldn't say its your primary residence when it clearly is not.

[@johnSmith-uz8nl]

@@mkefurst9830 The bank does not care. As long as you are able to cross their T's and dot their i's. Again, you can claim and believe that you will move in and after you close things can change.

[@fkillah]

@@mkefurst9830 mortgage fraud? Give me a break