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@lucasabraham45803 жыл бұрын
You all probably dont care at all but does any of you know of a trick to log back into an Instagram account?? I was stupid forgot my password. I appreciate any help you can offer me!
@piroskatornatora96392 жыл бұрын
@@lucasabraham4580 sorry mate i have no idea either
@userk13263 жыл бұрын
Just found this guy. Watched 4 videos so far, he’s the best property investment guru iv seen so far, wealth of knowledge
@PersonalFinancewithRaviSharma3 жыл бұрын
Thank you! Really appreciate the kind words :)
@mrilikeskateboards Жыл бұрын
LOL my smiling face - more like a double channel half asleep looking down at my phone face xD love your channel, and 100% you've given me direction, I've been binge watching your channel for like 2-3 days. I'm on the hassle for my $75k and will hit you up when I'm ready, keen as to do this!
@freelancerslive86853 жыл бұрын
Bro, kudos to you for explaining it so nicely! Every bit makes so much sense, especially for someone who is a novice in it like me. Keep up the great work my friend!
@PersonalFinancewithRaviSharma3 жыл бұрын
Thank you for the kind words :) Appreciate it alot!
@imranhassan2232 жыл бұрын
Hi Ravi. Can you please take some realistic figure for giving the example of purchase price ($250k) of the property. You can't even get block of land in this price nowadays.
@tk-simz75993 жыл бұрын
Found out about you from Bit boy crypto around the blockchain , Have to say one of the most genuine KZfaq gurus I’ve watched and from Australia. Watched most of your videos now. Man I wish I could take this investment path with your company.
@PersonalFinancewithRaviSharma3 жыл бұрын
Thank you for the kind words :) Appreciate it alot!
@positivitywaveflow2 жыл бұрын
Hey Ravi, I’ve been binge watching all your videos!!! Great info!!! Keep it coming!!! 👏🏻👏🏻👏🏻
@mattparvaresh11523 жыл бұрын
Those are nice numbers, but this is not positive cashflow. How about the mortgages? How about the deposite you pay? 250k house with 10% deposite in 30yrs= $275 per week payment to the bank. 275+93=$368 per week is total expense. 300-368= -$68 loss per week for 1 property. $68x52w×10properties= $35k per year you should pay for 30 years to get to that point which is 10 paid off properties that can make you $207 per week each.
@PersonalFinancewithRaviSharma3 жыл бұрын
Hi Matt, I clearly say this is based on "after you have paid off the mortgage". If you looked at holding costs then the following numbers would apply. Interest Repayments + council rates/water rates + insurance + mgmt fees = $214/week If your rent is $300 then it would be $300-$214 = $86/week Positive cashflow. Hope that makes sense
@mattparvaresh11523 жыл бұрын
@@PersonalFinancewithRaviSharma I can't really understand how you come up with 214. Why interest only? You still don't consider the actual loan repayment. And the deposite you're paying upfront. You don't consider that.
@PersonalFinancewithRaviSharma3 жыл бұрын
@@mattparvaresh1152 If you would like to discuss in more depth then please email me. I think you are missing the point of this video haha
@kevinluc4953 жыл бұрын
the first half of this video just to excite people to down the ebook, and I personally dont think this video useful. just like he tell me to buy off 10 house then you can retire :)) good plan mate :)) will buy the lotto everyday from now pm
@PersonalFinancewithRaviSharma3 жыл бұрын
@@kevinluc495 That's okay, appreciate your feedback bud. Might not be the right channel to watch. Plenty of other content on KZfaq :)
@11zen453 жыл бұрын
Hi Ravi, Great points. Thanks for sharing. Also, Thank you for your ebook. I enjoyed very much. 🌞
@PersonalFinancewithRaviSharma3 жыл бұрын
Thank you Vanessa! Glad you are enjoying the videos as well as the ebook :)
@TheRealDirtySkillz3 жыл бұрын
Bro this was posted 10 months ago and nothing is realistic. Where can you find $250k properties. You need 20% down, you need stamp duty, you need a good income earning job. How do you get 1 @ $250k?
@saovier3 жыл бұрын
Thank you for all of these we are so blessed to have great informations for free through your channel keep them coming.
@PersonalFinancewithRaviSharma3 жыл бұрын
Thank you for watching :)
@BaljeetSingh-nk8ww3 жыл бұрын
Loved your video, you are a guy with packed content but Ravi I have one question, a person who is making 100000 $ per year can still manage to buy 10 properties, thanks in advance
@simongaviri90048 ай бұрын
Thanks mate, I’ve done exactly the same tithing you say which tells me Iam on the right tracks👍😂hooray
@cheneva98243 жыл бұрын
Love your enthusiasm
@PersonalFinancewithRaviSharma3 жыл бұрын
Thank you so much for watching :)
@waatao98563 жыл бұрын
What about stamp duty, LMI , council rates , home insurance? And your talking 250k loan paid for. Same blue print as Nathan burge. Nice but would be better if included
@PersonalFinancewithRaviSharma3 жыл бұрын
In this video, I cover council rates, home insurance and management fees. That's what the "costs" per week are. As for purchasing costs, I didn't include them in as I wanted to just focus on the ongoing cashflow for passive income. I have some other videos on the channel about purchasing costs too :) Not sure who Nathan Burge is but if that's what his strategy is then he is onto something haha
@AssadHamid3 жыл бұрын
@@PersonalFinancewithRaviSharma good answer. Regarding Nathan, he is the King of Australian Property. And I am the student of Nathan's student Eddie Dillen. You all guys are doing a great work in Real Estate.
@PersonalFinancewithRaviSharma3 жыл бұрын
@@AssadHamid Oh awesome! Love the positive vibe bud - everyone can grow together and actually be ethical :)
@jakewest7963 жыл бұрын
You said less than 1% of Australians own more than 6 properties… obviously this would be due to serviceability issues once you begin to hit a ceiling in your borrowing capacity… so how does a middle to low income earner execute this kind of plan without hitting a serviceability wall after just 2 - 3 properties? FYI, my wife and I have a combined income of 115k per annum.
@PersonalFinancewithRaviSharma3 жыл бұрын
Comes down to the strategy and income building/debt structuring. You might benefit from a strategy session :)
@VedikMantras Жыл бұрын
Thanks Ravi, so glad I came across your videos. I have 1 oo unit which I haven’t fully paid yet and also hold 2 investment properties. One bought in 2016 and another couple of months back. Both now worth 2 mil together. Do you suggest I buy another investment property or should pay off my oo unit property?
@PersonalFinancewithRaviSharma Жыл бұрын
Shoot me an email :) Glad you like the videos
@jessesene-lefao9163 жыл бұрын
What’s your thoughts with staying on interest only so your cash flow is bigger ?
@PersonalFinancewithRaviSharma3 жыл бұрын
I love interest only loans in the beginning of my acquisitions phase of the strategy. With the extra cashflow, I was able to build up deposits quicker and buy more assets. Obviously, with servicing being a major factor - it's almost unavoidable to at some point revert back to P+I . Do you have interest only loans? How has it helped you in your journey bud?
@banerjeearkajit3 жыл бұрын
Your videos are awesome!!!🔥🔥
@PersonalFinancewithRaviSharma3 жыл бұрын
Thank you so much 😀
@piroskatornatora96392 жыл бұрын
my partner and i are building our forever home and is our fifth property now and achieved this since 2014 , i have goals and vision but i am on a holt and at 51 im feeling like i am running out of time...
@alexipapas50843 жыл бұрын
Great videos, glad I found them. Question for you. I'm working toward my second investment property and aim aiming to spend around 1.5m. In line with your strategy,. assuming the capital growth is controlled for, is it better to buy one property for the full amount or spread it out. Assuming growth is the same over time, are expenses less?
@PersonalFinancewithRaviSharma3 жыл бұрын
Hi Alexi, thanks for watching :) I personally would spread it across multiple properties based on my situation and the stage of strategy that I am currently in. I like the idea of diversifying my risk as well as more opportunity to earn more passive income through multiple sources. If you want to have in depth conversation, feel free to shoot me an email :) ravi@searchpropertyau.com.au or you can book in a strategy session
@sal78sal9 ай бұрын
Let’s say you have 5 properties worth 300k each ve 1 property worth 1.5 mil. See which gives you better income. With 5 properties you need to change taps or the toilet flush button every now and again. Unless you have a magical man that fixes broken taps for you for free that’s a lot of money you will be spending on repairs. Having one apartment might bring in the same amount of money and a lot less maintenance. Just check the numbers. Each unit will require a smoke alarm audit yearly. You want something that will keep the costs down
@anbanerjee1814 Жыл бұрын
Mate, help me out here; where in Metropolitan Melb or Brissy or any decent urban suburb, do we get something for $250K and that rents out for $300 bucks a week? The assumption itself doesnt hold true. The more realistic number's would be $450K and upwards even for a unit dont you agree?
@matthewprzybyla6650 Жыл бұрын
What I learned loosing a million dollars - it’s a great book too
@HighPerformanceManagement3 жыл бұрын
thanks for the information mate.
@PersonalFinancewithRaviSharma3 жыл бұрын
Thank you for watching :) I appreciate you spending time to get educated
@samgill94953 жыл бұрын
Great video! If you choose to hold property can you just live off the equity that the portfolio has? (assuming theres been good capital growth over a 15-20 year period?)
@PersonalFinancewithRaviSharma3 жыл бұрын
Thanks for watching and engaging Sam :) You could live off the equity however, there is less control when someone does that because the banks constantly change their policies. I prefer to retire the debt either by paying it off over time or selling assets to pay off debt ✅
@BibleReadingmadesimple2 жыл бұрын
you explain it so well.. do you have any video that explain how much we need to pay for the downpayment and bank loan and reinvest the rental money to other properties ? maybe example of a 500k property.
@mehmethasan38223 жыл бұрын
G'day Ravi, from your knowledge how does one purchase their 3rd or 4th Investment as their DTI increases after each purchase? More debt to income ratio we have, the less the banks loan. Would you re-use the equity from previous investments? Surely after the 3rd or 4th the bank will limit the amount one can borrow
@PersonalFinancewithRaviSharma3 жыл бұрын
Yeah it all comes down to increasing income and reducing debt. So, there are times during the accumulate phase where you have roadblocks and you need the market to move. I personally did the same and had to wait 2 years before I buy again
@mehmethasan38223 жыл бұрын
So what your saying is, for the 2nd property as example, we can use our equity from the 1st home we purchased. But the market needs to move upwards that way the banks can use the new value of our home to assess our DTI. If the investment goes up, and the banks use that new value the lower yoir DTI will be. Goes back to purchasing CORRECTLY and creating a structure for more freedom to purchase more??
@john-reymacatuggal70802 жыл бұрын
with the cost, did you already include the repayment cost as well? Im just trying to calculate one as well :)
@11zen453 жыл бұрын
Hi Ravi, Thank you. 3rd time listening....... I have a Magic number to keep me independent in retirement. Even if I have to work another 20years !!! (I'm 54) I'm ready.🤸♀️🎉 Thank you for the inspiration and help. 😁 You've given me hope 🎊🤸♀️🎉
@PersonalFinancewithRaviSharma3 жыл бұрын
Thanks for the kind words, I'm truely so happy to hear the value these videos are bringing to you 🙌
@brendanmutsaers58583 жыл бұрын
Takes a bit to get to 10k a property....rates, insurance and a bit of maintenance eats in.
@PersonalFinancewithRaviSharma3 жыл бұрын
Nothing good comes easy ;) It certainly helps when you manage to get into an investment property that performs well
@samuelbarnes92433 жыл бұрын
so with interest only mortgages weekly repayments on $250k would be $98 (rough calculation based on 2% interest), so wouldn't we need closer to 20 houses to get to 100k passive (excluding inflation, asset appreciation and depreciation claimable's if you buy new)? Were not going to be buying them outright obviously. Also is land tax included in that rough $98/week cost calculation? because if we were to do this we would likely be buying in a pty ltd company for asset protection wouldn't we? Sometime in the next 2 years ill be moving from investing into the housing market with somewhere between $500k-1 mill of my money so ill be looking into this very seriously soon.
@nithiganesh6851 Жыл бұрын
I am working and living in Singapore. Can I get loan Australia for hosing loan? Thanks
@kidsgames58702 жыл бұрын
Hi Raj, really good information I'm Retna from London, got property portfolio receive good income, I would like to Invest in Australia and setttle there Is it possible
@vincedemarchis72382 жыл бұрын
Great video mate. How do I get in contact with you. I may need your services. Cheers
@jughead18sp2 жыл бұрын
would u be able to help me even if im based in Perth?
@jasonortiz15683 жыл бұрын
Hey man how can I contact u
@PersonalFinancewithRaviSharma3 жыл бұрын
Best way to hop on a call is via the booking link in the description. Otherwise, feel free to email me on ravi@searchpropertyau.com.au
@s555583 жыл бұрын
Love the channel mate I am a property investor, I found the first 2 houses are the hardest then after that it becomes pretty easy
@PersonalFinancewithRaviSharma3 жыл бұрын
100% agreed! The start is the hardest and after that it becomes easier so long as the banks can keep lending us monies haha
@s555583 жыл бұрын
@@PersonalFinancewithRaviSharma haha very true the banks love to drag their feet sometimes lol
@asmas192 жыл бұрын
So many scammers out there i am so glad I found you through Sanjana
@satindersingh40433 жыл бұрын
Whats your fee?
@sultan78773 жыл бұрын
How much you charge as a Buyer's agent?
@PersonalFinancewithRaviSharma3 жыл бұрын
Hi Harpreet, please feel free to email me and I'll let you know :) Our fees are constantly increasing so it's better if I email you the current fee which could increase in the next couple of months. ravi@searchpropertyau.com.au
@joseandrheasaavedra2563 жыл бұрын
How much tax is paid on the 100k?
@PersonalFinancewithRaviSharma3 жыл бұрын
This would fall into how you have structured your purchases. Some people purchase their properties under a company/trust which would affect their tax levels as well as the possible benefit of some depreciation if the properties are new. I think too many people are scared of "paying tax" but don't realise that the tax is paid on money you actually make. I don't know about you but I will happily pay and extra $30k in tax if I can make an extra $80k income haha :) Thanks for watching and commenting, Ravi
@joseandrheasaavedra2563 жыл бұрын
@@PersonalFinancewithRaviSharma yea i absolutely agree i was just wondering if the magic number of 100k is a net amount or is it pre tax. Also is rental income taxed at the normal income tax rate for individual. Sorry i should of elaborated 😇 I love your content!! 🔥
@PersonalFinancewithRaviSharma3 жыл бұрын
@@joseandrheasaavedra256 That's okay :) Yeah in this example it's a gross amount before tax is calculated. For the income received, if it's purchased under a personal name then I believe it will be calculated at the personal tax rate however, best to ask an accountant :)
@joseandrheasaavedra2563 жыл бұрын
@@PersonalFinancewithRaviSharma cheers you are a legend
@heylisa35683 жыл бұрын
Where can I buy property around $250K😬
@PersonalFinancewithRaviSharma3 жыл бұрын
Plenty of great opportunities out there. We don't disclose suburbs as we are buying for clients in these areas.
@rizgarkilinc76413 жыл бұрын
Cant wait :)
@TysonTheRand Жыл бұрын
100k a year is pre low
@shiv6563 жыл бұрын
Love from india ❤️🙏
@PersonalFinancewithRaviSharma3 жыл бұрын
Thank you for watching! :)
@jsh4bt3 жыл бұрын
would this be hard as a single person
@PersonalFinancewithRaviSharma3 жыл бұрын
It would be difficult but not impossible. It will come down to how much income someone is making but with the right strategy, it can give you the best chance to achieve such results :)
@PersonalFinancewithRaviSharma3 жыл бұрын
Top locations to purchase in 2020 - kzfaq.info/get/bejne/nZaIiLh5tbPTeaM.html
@jonahtau60273 жыл бұрын
Bro I get what you're strategy is as o believe it's sound . But the example your using you should of really stamped out That the strategy is for basically owning the home or having already a large steak in. You mentioned interest only payments and retirement in the same example but how is the principal beings paid out. You can't have interest only for the life of the loan. No disrespect I watched the video twice to make sure that I was following. The example your using seems to be the end goal it self or the end game. Which the figures would make sense. It's not really an example of how to get to that figure.
@benjaminfrankliniii9857 Жыл бұрын
Exactly what I was thinking! I'll get advice from a more experienced buyers agent
@simplywisetech2 жыл бұрын
Starts with a wrong assumption. $250k property in Australia yielding 300/week. Show me any place in Australia which yields these type of numbers.
@eamonkenny93332 жыл бұрын
Townsville, rockhampton, bundy, cairns, and these are just queensland
@last_samurai6690 Жыл бұрын
These videos are meant to be exaggerated click baits. In reality, retiring early on properties is a pipe dream for the average Joe. Even if you were to find such a house, think about it. With interest rates they way they are, unless you bought them cash, you won't be banking much of your rental income.
@simplywisetech Жыл бұрын
@@last_samurai6690 correct. I agree
@handyman4everyman5 күн бұрын
Anyone here in 2024? 250 grand now buys you a granny flat. 😅
@simplywisetech5 күн бұрын
@@handyman4everyman in few years, 250k will buy you a mere bathroom 🤣
@robertwheeler76563 жыл бұрын
Mine is 8000 a month
@PersonalFinancewithRaviSharma3 жыл бұрын
That's awesome! Financial freedom = happiness 🙌
@robertwheeler76563 жыл бұрын
Just started watching your videos but been wanting to do this for a few years now. I have $150.000 of equity in our home but my wife is nervous about using it being our primary home.
@robertwheeler76563 жыл бұрын
Do you know anyway or anyone to borrow money to get started and then pay back the money
@rahulbhardwaj12022 жыл бұрын
How to contact you?
@PersonalFinancewithRaviSharma2 жыл бұрын
Shoot me an email on Ravi@searchpropertyau.com.au
@steveg73373 жыл бұрын
🙏🙏🙏
@ignaciocuadrado5173 жыл бұрын
I love all yout videos!!!, but i every time i see it i have the same question , How do you make sure you have tenants constantly??? I mean, if they are not there , there will be no cash flow jaja
@PersonalFinancewithRaviSharma3 жыл бұрын
Thanks for watching! This is why 99% of people will never achieve these numbers. It comes down to sourcing good quality assets in high demand areas where you won't have issues with tenancy
@AFulfilledLife3 жыл бұрын
🙏🏽🙏🏽❤️❤️❤️❤️❤️
@ronsellick50936 ай бұрын
😂😂 how can i convince you that you NEED a strategy and also that I provide the strategy 😂 Saying you can't do it without a strategy is so dumb. I have 3 properties and had absolutely zero idea what I wss doing (and still don't 😂) But you definitely dont need to spend thousands on an "adviser" before you even start.
@rakatumu2 жыл бұрын
So many grammatical mistakes in this video.
@ritmolatino162720 күн бұрын
this guy is tripping 13:19 what is he thinking?
@adambonnefin94972 жыл бұрын
Hi Ravi, Thank you so much for your videos. They have opened my eyes into the world of investing through Real Estate. I'm not too sure if this has been covered in a previous comment or video as I'm still new to the channel; but would the $250k property example you have used here be negatively geared during the phase of repaying the loan? I did a quick look on Moneysmart.gov.au and the per week repayments across a 25 year loan on 2.63% interest works out to $265 per week, excluding the $93 of costs after the loan is paid. Resulting in -$58 per week Am I missing something here or would this play into a much larger strategy and act as a means for capital growth rather than cash flow? Hope you get the time to reply! Thanks again, Adam