Hi George! I have a two family home . I’ve owned it for 10 years for years. My rental income has gone up from $3000 a month to 4500 monthly. I am leaving to Puerto Rico. So I’m selling the property. To build my beachfront Villa. Long story short . My rental property over the course of 10 years made me tens of thousands of dollars over the years. once I sell it I will have made close to $1 million.
@janesmith88944 жыл бұрын
Thank you. Would you invest in real estate in the states now? In my opinion, houses are overvalued.
@markwegner61005 жыл бұрын
Side by side duplexes here. My renters are divorced ppl, & sadly, college grads w/ tons of student loan debt. 100% Best thing I've done for myself was buying RE.
@TheCa0074 жыл бұрын
Great video, thank you. I’m learning so much from you. I have a question, when you’re developing your score on what area, price, and pop growth etc. What websites or programs are you using to compile your information, so you can make the best choices? i saw your video about it, but a more specific maybe 4 -8 part series about how to develop the data, read, comprehend, and put the information into action, would be truly helpful for a newbie like myself. Thank you.
@willie9smith8754 жыл бұрын
THANKS BRO......
@rpietryk4690 Жыл бұрын
Sorry if seemed perv teaching nature how incorporate for incompetence. Off topic do you have a hairstylist?
@SauliusKAY4 жыл бұрын
But for that money can purchase several companies stocks and with real estate, you have only one unit. So in real estate you can not diversify
@chummaker14 жыл бұрын
Whoa! Not so fast George, I do like your show but the same faults that you find in other assets, you find in real estate. How much control do you have over hurricanes, floods, fires, break-ins, termites, dry rot, etc., HOA, property taxes, who moves in next door, what you think will increase the value of the property another person may not, and may even consider the "improvement" a detriment. The true "value" of a property is many times skewed by "perception" of the individual. Perception many times determines that property on a certain side of the street is more valuable than property across the street. The value of property is NOT determined by property tax values or appraisals but by what a ready willing an able Buyer and a ready willing and able Seller will except. Nothing else. Regarding the idea that gold and silver costs you to keep, don't forget the houses, buildings, raw land, and even horses, cattle, hogs, airplanes, etc ALL require some form of maintenance be it vet bills, painting, plumbing, etc. As far as increasing your equity or ROI on a property by putting down a down payment of $10,000 on $100,000 house you also gain a $90,000 liability. Considering Property Taxes, HOA taxes and requirements, maintenance, management of property, book keeping, building permits, government anti-discrimination and disability laws. The cost of gold and silver is minor or maybe ZERO if you take possession of it. And you should cause if YOU AIN"T GOT IT, YOU AIN'T GOT IT!!!!!!!!!!!!!!!!
@winstonsmith30705 жыл бұрын
Perfect example of the 95% loss in purchasing power of the dollar is in 1913 a postage stamp was $.01 maybe $.02. Now it's $.55
@westcoastsunsation3 жыл бұрын
You did not speak about all the TAX benefits. That one is major.
@luismanrique53734 жыл бұрын
What happen to the Real state tour of your platinum and art properties lol