How To Prepare Financially To Buy Your First House Or Rental Property

Рет қаралды 189,689

11 ай бұрын

Subscribe for more videos: ‪@ThachNguyen‬
Thank you for watching!
If you have any questions, don’t hesitate to give Cody a call.
206-909-2007
Start your real estate investing journey with mentorship from me and my team: learn.springboardtowealth.com...
For business inquiries, partnerships, sponsorships, and collaborations: thach518@gmail.com
Thach Nguyen has come a long way since arriving in America at age 4 with his parents, four brothers, and sister in 1975. Focus, drive, determination, and great mentors paved the way for him to go from a homeless refugee to a multi-millionaire.
Thach is the CEO & Founder of Thach Real Estate Group and principal of Springboard to Wealth. He is not only a seasoned realtor, investor, coach, author, and speaker, but also a proud ambassador of the American Dream. During his 30 years in the real estate industry, he has built more than 300 homes, townhouses, multifamily units and completed over 100 flips, and owns over 100 rental properties giving him over $100,000 a month in passive income. Thach and his team have assisted more than 1,500 families to create their own American Dream of home ownership, ranking him in the Top 1% of all real estate professionals nationwide.
Follow on Instagram: / thachnguyen

Пікірлер: 372

@ThachNguyen 11 ай бұрын

If you have any questions, don’t hesitate to give Cody a call. 206-909-2007

@booskoostheLandLord 10 ай бұрын

Really loving the content 😎

@darrindejean6735 9 ай бұрын

I'll be calling you later today! You talk straight talk good content totally educational

@whydothat2977 9 ай бұрын

Is this real

@AlexGarcia-ng5xw 8 ай бұрын

Question: How would I make double my monthly income? I literally only have a job, and my check is like 1,200 biweekly. I'm 20 live with my parents don't pay rent or car rent I use my dad's truck my parents cook at home I dont spend alot. I want to start and get a rental property but still dont know where to start if rent is like 3,000+ I don't even make that much?

@Steve_Takes 6 ай бұрын

He ended up being right 8:00

@josephstupar3372 11 ай бұрын

6 years ago I couldn’t even get a secured card my credit was so bad😂. Own 4 properties now. 740 score. You can do it. Be patient, trust the process.

@mplscarsales6652 11 ай бұрын

What apps do you use to collect rent or online payments?

@RipMa 10 ай бұрын

Any inheritance or all from scratch?

@josephstupar3372 10 ай бұрын

@@RipMa not at all, I’m a felon on probation still I make 50 k a year my girlfriend makes 30. I always love that people always think that. I drive a 2001 Buick lasabre, if you sold you bike I’m sure you could buy something

@Madn3ssMan 9 ай бұрын

@@josephstupar3372are you a part of springboard?

@kevintrinh8131 9 ай бұрын

What was your step by step process? What did you buy first? A house or rental?

@Raymondjohn2 7 ай бұрын

I'm a single, 43-year-old father who resides in Hamburg. If everything continues to go well for me, I intend to retire at age 50. I couldn't be happier right now than I am that I just bought my first house last month. I'm so happy that I made wise choices that altered my life forever.

@CraigChap_6898 7 ай бұрын

Salutations, dude. At your age, you're doing extremely well. I'm 54 years old, and right now my finances are a mess. Any helpful advice would be greatly appreciated in helping to mold my life. I want to buy a home of my own.

@maga_zineng7810 7 ай бұрын

It seems like I used the FIRE movement to manage my finances. Investigate it further by doing some research. With the help of a financial professional, they were then successful when investing in stocks, cryptocurrencies, and real estate.

@maga_zineng7810 7 ай бұрын

I encountered Catherine Morrison Evans through my wife, and I emailed her. She is guiding me. Since then, she has given me chances to buy and sell the stocks in which I'm interested in. You can hunt her up online if you require care supervision.

@usieey 7 ай бұрын

I greatly appreciate it. I'm fortunate to have come upon your message because investing greatly fascinates me. I'll look Catherine up and send her a message. You've truly motivated me. God's blessings on you.

@juliettenjandja5885 7 ай бұрын

Hello

@mikey43221 2 ай бұрын

I’m a new dad, I moved to the Bay Area a few years ago and I’m thinking of purchasing a single family home, but with real estate prices currently through the roof, is it still a good idea to buy a home or should I invest in stocks for now and just wait for a housing market correction? I heard Nvidia and AMD are strong buys.

@WillieNickell 2 ай бұрын

it’s a personal decision, but according to Forbes, housing activities will remain stagnant for the most part of the year, so maybe hold off a little.

@DavidCovington-st2id 2 ай бұрын

well you could put a downpayment on a home and as well diversify as much as you can into Ai and pharm. stocks like Pfizer and JnJ.

@SeanTalkoff 2 ай бұрын

Certain Ai companies are rumoured to be overvalued and might cause a market correction, I’d suggest you go with a managed portfolio, but even those don’t perform so well, so it’s best you reach out to a proper fiduciary to guide you, that’s what works for my spouse and I.

@lawrencedyke 2 ай бұрын

this is all new to me, where do I find a fiduciary, can you recommend any?

@SeanTalkoff 2 ай бұрын

Vivian Carol Gioia maintains an online presence that can be easily found through a simple search of her name on the internet.

@jimmydan12 7 ай бұрын

I predict a housing crash due to people buying homes over asking price, lacking equity if prices decline further. Foreclosure becomes likely if they can't afford the house, and selling won't yield profits. With anticipated layoffs and rising living costs, many individuals may face this situation.

@Dave_East 7 ай бұрын

I suggest you offset your real estate and get into stocks, A recession as bad as it can be, provides good buying opportunities in the markets if you’re careful and it can also create volatility giving great short time buy and sell opportunities too.

@GersderaNioer 7 ай бұрын

You are right! I’ve diversified my portfolio across various market with the aid of an investment coach, I have been able to generate a little bit above $830k in net profit across high dividend yield stocks, ETF and bonds.

@RayaMarcus 7 ай бұрын

Do you mind sharing info on the adviser who assisted you?

@GersderaNioer 7 ай бұрын

My Financial adviser is ‘’Stacie Lynn Winson’’ she’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market

@JaneBlac- 7 ай бұрын

Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.

@GillerHeston 9 ай бұрын

For newbies, be aware that this is a grossly oversimplified scenario. For one thing, you can't get a mortgage on an investment property without at least 25% down payment. Two, it's easy to see comps for house purchase prices, but it takes a lot of research to understand the comps on rent prices. The trick is to find a place where renting is more expensive than buying, but those places are less common because of this very type of scenario. Three, you have to remember that rent number he's using is supposed to be net income, not gross. So you have to think about costs for taxes, insurance, maintenance and vacancy when you're researching investments. All that said, real estate investing is a good tool for wealth accumulation. But it isn't foolproof.

@eloign7147 9 ай бұрын

Very soon, affordable housing will no longer be affordable. So anything anyone want to do, I will advise they do it now because the prices today will look like dips tomorrow. Until the Fed clamps down even further, I think we're going to see hysteria due to rampant inflation. You can't halfway rip the band-aid off.

@rogerwheelers4322 9 ай бұрын

Home prices will come down eventually, but for now; get your money (as much as you can) out of the housing market and get into the financial markets or gold. The new mortgage rates are crazy, add to that the recession and the fact that mortgage guidelines are getting more difficult. Home prices will need to fall by a minimum of 40% (more like 50%) before the market normalizes.If you are in cross roads or need sincere advise on the best moves to take now its best you seek an independent advisor who knows about the financial markets.

@joshbarney114 9 ай бұрын

Personally, I can connect to that. When I began working with a fiduciary financial counsellor, my advantages were certain. I got into the market early 2019 and the constant downtrends and losses discouraged me so I sold off, got back in Dec 2021 this time with guidance Long story short, its been 2years now and I’ve gained over $860k following guidance from my investment adviser.

@FabioOdelega876 9 ай бұрын

This is huge! think you can point me towards the direction of your advisor? been looking at advisory management myself.. seeking ways to invest and make more money with the uncertainty in the economy.

@joshbarney114 9 ай бұрын

Actually, I've shuffled through a few advisors in the past, and “Colleen Janie Towe” remains the most resourceful thus far. Her strategy proves profitable, and sustainable both in a bull & bear market. Most likely, her deets can be found on the net, so you can confirm yourself.

@hersdera 8 ай бұрын

Mortgage rates are currently at an all time high since 2000(23 years) and based on statistics on inflation, we might see that number skyrocket further, a 30-year fixed rate was only 5% this time last year, so do I just keep waiting for a housing crash before buying or redirect my focus to the equity market

@SandraDave. 8 ай бұрын

True, I mostly just buy and hold stocks, but my portfolio has been mostly in the red for quite awhile now. Unfortunately to be able to make good gains, you’ll need to be consistent and restructure your portfolio frequently.

@AntonioBianh 9 ай бұрын

Back in the day, when I purchased my first home to live-in; that was Miami in the early 1990s, first mortgages with rates of 8 to 9% and 9% to 10% were typical. People will have to accept the possibility that we won't ever return to 3%. If sellers must sell, home prices will have to decline, and lower evaluations will follow. Pretty sure I'm not alone in my chain of thoughts.

@JenniferDrawbridge 9 ай бұрын

@MarkFreeman-xi3rk 9 ай бұрын

@cythiahan8455 9 ай бұрын

@@MarkFreeman-xi3rk Interesting Mark. I've been thinking of going that route been holding on to a bunch of stocks that keeps tanking and I don't know if to keep holding or just dump them, do think your Inv-coach could guide me with portfolio-restructuring as i wouldn’t mind a recommendation.

@MarkFreeman-xi3rk 9 ай бұрын

Actually, I've shuffled through a few advisors in the past, and “ Margaret Johnson Arndt” remains the most resourceful thus far. Her strategy proves profitable, and sustainable both in a bull & bear market. Most likely, her deets can be found on the net, so you can confirm yourself.

@SophiaChristian-so2of 9 ай бұрын

Insightful... I curiously looked up her name on the internet and I found her site and i must say she seems proficient, wrote her an email outlining my objectives. Thanks for sharing.

@BradleyRaiph 7 ай бұрын

*I wasn't financial free until my 40’s and I’m still in my 40’s, bought my third house already, earn on a monthly through passive income, and got 4 out of 5 goals, just hope it encourages someone's that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made.*

@JenniferLynd 7 ай бұрын

The wisest thing that should be on everyone mind currently should be to invest in different streams of income that doesn't depend on government paycheck, especially with the current economic crisis around the world. This is still a time to invest in Stocks, Forex and Digital currencies.

@chinwu5042 7 ай бұрын

@@JenniferLyndEven with the right technique and assets some investors would still make more than others. As an investor, you should've known that by now that nothing beats experience and that's final. Personally I had to reach out to a stock expert for guidance which is how I was able to grow my account close to $35k, withdraw my profit right before the correction and now I'm buying again.

@TheresaDiana12 7 ай бұрын

@@chinwu5042Trading under the guidance of an expert is the best strategy for beginners.

@JohnMichael007 7 ай бұрын

@@TheresaDiana12wanted to trade, but I got discouraged with the market price fluctuations 😊

@helinabrooks7461 7 ай бұрын

I also keep seeing lot's of people testifying about how they make money investing in Stock, Forex and Bitcoin and I wonder why I keep loosing. Can anyone help me out or at least advice me on what to do.

@fatimagonimodu8434 9 ай бұрын

Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future. Putting our time and effort in activities and investments that will yield a profitable return in the future is what we should be aiming for. Success depends on the actions or steps you take to achieve it. "You're not going to remember those expensive shoes you bought ten years ago, but you will remember every single morning when you look at your bank account that extra 0 in there. I promise, that's going to be way more fun to look at everyday", I pray that anyone who reads this will be successful in life

@theresathomas3849 9 ай бұрын

You're absolutely right, to be a successful in life required not only hard work but awareness and sometime opportunity at the moment, investment remains the best way to start.

@godfreybarinor-dl3fq 9 ай бұрын

I agree with you. Investment is the key to sustaining your financial longevity. And not just any investment but an investment with guaranteed return.

@ashtonakhtar5892 9 ай бұрын

@@godfreybarinor-dl3fqyeah investment is the key to sustaining your financial longevity but venturing into any legit investment or business without a proper guidance of an expert can lead to great loss too.

@rahmatumustaph1609 9 ай бұрын

@@ashtonakhtar5892Exactly and many of us don't know where to invest our money so we invest it on wrong place and to the wrong people

@parkerrosemary-it4kr 9 ай бұрын

She helped me recovered all I've lost trading by myself

@janetcamila4136 8 ай бұрын

When it comes to investment diversification is key. That's is why I have my interest set on key sectors based on performance and projected growth. They range from the EV sector, renewable energy, Crypto, Real estate and Tech.

@aimeesabbia2523 8 ай бұрын

I think working with a professional is the best way to go about it.

@isabellariley1837 8 ай бұрын

Yes tried starting on my own but I had lota of losses until I was introduced to Gloria Blanche. Made my first profit of over €80k with her.

@deddyhadiyat3915 8 ай бұрын

Essentially nothing beats working with a professional

@alimaabeb1176 8 ай бұрын

Tried investing on my own, lost almost everything. I just gave it up

@isabellariley1837 8 ай бұрын

Telegramx

@raulayala691 5 ай бұрын

Thanks for the video! I am currently 26 I bought my first house at 24 and I just bought another property this month. I created an LLC and will be doing short term rentals on my old property. My plan is to retire at 30. Real estate is TRUE WEALTH!!

@genavazquez2943 8 ай бұрын

Every crash/collapse brings with it an equivalent market chance if you are early informed and equipped, I've seen folks amass up to $1m amid crisis, and even pull it off easily in a favorable economy. Unequivocally, the bubble/ collapse is getting somebody somewhere rich

@joshhushed5890 8 ай бұрын

The issue is most people have the " want to do it myself mentality" but not equipped enough for a crash, hence get burnt, no offense. In general, invt-advisors are ideal reps for investing jobs, and at firsthand encounter, since Jan. 2020, amidst covid outbreak, my portfolio has yielded nearly 300%, summing up to 7-figure as of today.

@joshhushed5890 8 ай бұрын

John Desmond Heppolette is the advisor that oversees my portfolio. He's been able to gain some reputation and online recognition with over two decades in service, so it shouldn't be a hassle to find basic info.

@brittanynicolette9473 8 ай бұрын

"Having recently gained more knowledge about personal finance, I've subscribed to your channel. I want to commend everyone who's tirelessly working to earn a living while also building wealth during this recession. At 45, I'm retired, along with my 51-year-old husband, and we're debt-free. Our plan is to relocate to Thailand. Thanks to our frugal and financially savvy lifestyle, as well as our commitment to saving and investing in the financial market, we've been able to generate passive income even in this recessionary period, allowing us to sustain our desired lifestyle."

@alicebenard5713 8 ай бұрын

Congratulations on your early retirement, Interesting indeed! Currently, I am in dire need of investment advice or tips. Last year, I hesitated and failed to take any action until the year concluded. However, this year, I am determined to try something new, as I am very receptive to various investment ideas. I want to be retired in my forties or fifties.

@brittanynicolette9473 8 ай бұрын

No problem at all! If you're seeking to earn substantial profits from your investment, I would suggest determining your investment horizon and implementing a long-term plan. I worked with Nolan Velden Brent to create a long-term investment strategy, and he assisted us in managing our investments while we focused on my jobs without any concerns.

@alicebenard5713 8 ай бұрын

Thank you for your advice. It's challenging to find a reliable investment advisor here, and I appreciate your input. Seeing the successes you've achieved through investing, I would love to have access to your investment advisor's information if you wouldn't mind sharing it.

@brittanynicolette9473 8 ай бұрын

I work with *Nolan Velden Brent* ,who is based in the United States. If you would like more information about him, you can conduct a search online. He even got featured on CNN recently.

@PhilSommer2 8 ай бұрын

Thailand is really a nice comfy plan to retire. Working with a skilled financial planner can be compared to having a mentor in the field of finance. I used to struggle to invest on my own and ended up losing money, but things changed once I started working with *Nolan Velden Brent* . He played a pivotal role in helping me improve my financial situation. Previously, I relied solely on my job and salary for income, but now I have found ways to generate additional income with ease, which has allowed me to leave traditional employment. Nowadays, I believe that investing is not a choice, but a necessity for anyone who desires financial independence and a good quality of life.

@shayeshahmed9786 10 ай бұрын

The success behind every rich person today is the decision they made for themselves regarding investment, and calculated expenses to income

@anthonydonald7959 10 ай бұрын

Yes,of course a good investment is key as you’ve said,the question is how do one explore those opportunities cause investment plans are rare to see,I mean a good one though

@cedrickwestbury8072 10 ай бұрын

I engage in various prolific investments by compound interest & leveraging and as well operating with an investment professional mark williams, So far I’ve attained returns of over $30k last week

@ronaldcarlos2755 10 ай бұрын

Wow😊I know him and I have also been trading with him,he’s such an amazing man with good skills,keeps me happy all week knowing I earn 15thousand extra income trading with him.

@AndreaBocelliautographma-pb1qf 10 ай бұрын

His trading income stream is mind blowing,I also trade with him .I’ve made $26,500 so far trading with his guidance/advice.

@marklee6339 10 ай бұрын

Wow! wow! Please is there any way to reach their services?

@user-ft4ee8gt7p 11 ай бұрын

amazing video, answered my questions perfectly . Excellent content looking forward to part 2 ..

@besmart2350 11 ай бұрын

I wait for part 2, your videos are amazing

@mybocks3 8 ай бұрын

Damn. Very enlightening. I think I'll go ahead and subscribe.

@jacobballew2532 11 ай бұрын

Great info! We appreciate the content and the ability to get started in investing!

@MrTomb1976 4 ай бұрын

im going to buy my first property this yr, really enjoying all the great content, thanks!

@kylefang3905 7 ай бұрын

So insightful. Thank you guys ❤

@Stormroyale_ 11 ай бұрын

NEEDED THIS

@jimdiez4036 11 ай бұрын

That was very informative, thank you

@neilmansilla809 11 ай бұрын

Yesss i neeeded this video😊

@JaceTheReaper Ай бұрын

Dang, I remember watching this video in June 2023. Bought my first rental and started putting it to work in Aug 2023. Renters have paid my mortgage every single month to this day. Everything they are saying is true

@joseaser22 11 ай бұрын

Very great information, I'm barely learning all this stuff, most continue to learn. I appreciate all your videos & help. 💪🙏

@ThachNguyen 11 ай бұрын

My pleasure bro

@koolkidsklube3663 11 ай бұрын

amazing video, answered my questions perfectly 🙏🏼

@ThachNguyen 11 ай бұрын

Great to hear!👊🏼🔥

@alexandermoreno9472 11 ай бұрын

Would love to see a sit down and talk getting a plan done

@GeraldCutora24 Ай бұрын

Done Watching! This is my first view of your topic in KZfaq. I want to know more about this and start over there at US. "23Years Old -Philippines" "I want wealth!!! it's so hard in here in the Philippines were taxes, insurance and many stuff go beyond above our monthly salary. We can't sustain a living with 300$ taxable money a month. By the way I've watch the 2-day seminar at webinar where 6 students share their stories about real states especially the 3 people that has a construction, the 5% down, and the another has a private lender. damn! Can't wait to join your journey!!! Not hopefully but someday I will! I had so much to do working on papers to get there, have some job for milking and then join your journey. This technique can make myself wealthy, Thanks man!

@MalluStyleMultiMedia 11 ай бұрын

Another excellent video 🔥🔥👍👍

@jeremiahodifiri6106 11 ай бұрын

Spot on... thanks for sharing. This is very insightful

@ThachNguyen 11 ай бұрын

Thanks for watching!👊🏼👊🏼

@familyoffive5212 11 ай бұрын

Thach was very informative!!! Hope to see more videos like this.

@ThachNguyen 11 ай бұрын

More to come!👊🏼🙏

@camiii4261 10 ай бұрын

thach i am so glad i found your videos!!! you are such a great mentor and really break down all the information. im a beginner but recently bought a property and so happy to hear all your advice!!

@shafiqirfaqi4179 9 ай бұрын

Great video, thank you for putting this together!

@franciscopalma9076 7 ай бұрын

Capital One, That's the one that help me out building my credit, even thought I just have an ITIN #.

@Inspire_andrew Ай бұрын

Thank you for this really helped understand the process.

@mackenzieemh Ай бұрын

This is such great advice! Please keep the videos coming.

@LaurenRodriguezKritzer 5 ай бұрын

very informative! unlike some other real estate influencers, you provide detailed information and insight on your channels. keep it up!

@william_thing 11 ай бұрын

Love this video, the first step is always the scariest!

@ThachNguyen 11 ай бұрын

So true bro 🔥🔥🔥

@TheGalvestontx 6 ай бұрын

First time running into your channel, great video! As a realtor/investor this was some great info. 👍

@TheFasterFreedomShow 11 ай бұрын

Love the video! One of my favorite things to tell new investors is that there should be some peace in knowing that the first one is always the 'hardest'💯

@morrionperryman8708 6 ай бұрын

Good information. Thanks.

@sayonjohnson3238 11 ай бұрын

This video is so helpful. Thanks Thach. I appreciate these videos. He literally broke everything down.

@jasonjosephlee 3 ай бұрын

Great info Thach!

@nadiacruzbendeck 11 ай бұрын

Thanks for the video. Im catching every advice. What opportunities are available for foreign people? Im in between to buy my first rental in vancouver island or in the surrounding area from Seattle. Im currently living in Canda. Would like to know to pros and cons if i dont have a green card.

@delontamcclain4571 6 ай бұрын

Thanks for the info

@waterfoker8558 3 ай бұрын

Great thinking on this video

@EvieAswiti 11 ай бұрын

Thank you! Can you list Cody’s info in the description?

@aceofinvesting 10 ай бұрын

I always appreciate and am forever open receiving a tremendous amount of value for all content intended for beginners. Thank you for helping build confidence to get a jump start in this challenging industry. Enjoy the ride ya'll!

@CastMC9 11 ай бұрын

Fantastic video! As an ex banker myself, Cody's insight about credit is 100% accurate and super helpful to everyone! Thats money right there 🔥

@ThachNguyen 11 ай бұрын

Thank you and we try to give people real info

@jay_statuss2653 11 ай бұрын

Trying to learn everything, straight wisdom

@ThachNguyen 11 ай бұрын

Glad it’s helpful 👊🏼

@carlosruiz4128 9 ай бұрын

Great video!

@whoabrian 8 ай бұрын

this was a great video. thank you

@jorgegramatges6449 6 ай бұрын

Thanks for the video as always gold information

@RealEstateWithGaryWilson 9 ай бұрын

Great video Thach!

@TV-og3nc 11 ай бұрын

👏👏awesome video!

@432Tx 5 ай бұрын

Closing on my first house at the end of January at the age 21, might as well do it now then waiting and seeing prices double maybe triple.

@wehandlebusiness 11 ай бұрын

Thanks pretty good info

@carmelolocasto1 11 ай бұрын

Excellent content looking forward to part 2 .

@ThachNguyen 11 ай бұрын

Awesome glad you like it

@ThachNguyen 11 ай бұрын

I will be coming

@easysniper20 11 ай бұрын

Great video

@YungSwagg 4 ай бұрын

I got 3 properties in 4 months. My goal is 100 by the end of this year

@DukeThomasGeoffery 8 ай бұрын

Great Video, apparently you all have been following the recent development in block chain technology. I heard some blockchain companies now have smart contract for mortgages.

@MsKaityHelen 8 ай бұрын

Yeah, right now looks like all you need is just 10% of your property valuation ,just like the banks ask for ,then the blockchain ECN does the rest.

@zoriec1774 8 ай бұрын

Dope as vid. Love your content 💯🫡

@lenaheart8103 4 ай бұрын

Lol TY for all the info. U are hilarious in your presentation btw. Keeps me watching 😂

@anthonyandrews7858 8 ай бұрын

Great stuff

@Myhandle13 7 ай бұрын

Thanks

@ICYouLookin11 3 ай бұрын

Might be a dumb question, but can I get into rental investing if I live in an apartment. Can I still purchase investment properties or do I have to own a primary house before I can invest?

@EarnDoggtheLion 9 ай бұрын

Good video great content can you make something for someone who new to the game with a VA loan? Maybe where to really start.

@MoeDoe74 10 ай бұрын

Yo this was amazing

@marcosyepez7195 9 ай бұрын

Hello. I just saw your video for first time. I appreciate your video and sharing your experience with us. I heard about assuming a mortgage and I'm hopeful you can show me how to find people who are willing to transfer their mortgage. Is there website for possible foreclosures? Currently, I have a two family home and would like to purchase another one, but I'd like some guidance. I'm hoping you can help me? Thank you in advance

@sliceofpay 3 ай бұрын

Buying at a high interest rate now and hoping it comes down in the future is fine, but just make sure you are comfortable always paying that higher payment just in case rates don't come down like you had hoped.

@scottscott45 11 ай бұрын

Where do you find your properties, I know of a few sites and auction apps but a lot them aren’t in quality areas Atleast in my state. Financially ready to do my first BRRRR! Let’s gooooo!

@danielestazuy4673 11 ай бұрын

Great video! I would like to see some more advice for young people and how to run the numbers great video btw

@brianp5958 11 ай бұрын

The search bar is your friend

@ThachNguyen 11 ай бұрын

What kind of number you need to know more of ?

@sw3604 8 ай бұрын

4:29 pay for deletion. Can one negotiate the total sum owed down and get them to agree to delete? And if deleted, does "settled" or the missed payments go/remain on record?

@aleemkhalid6353 9 ай бұрын

What do you guys mean by unit, is it houses or rooms rented out. Like a 3 storey building with 30 rooms is it 30units or 1 unit because it a house ?

@maynardpaye 5 ай бұрын

is this strategy applicable in other countries?

@kylestewadventures9435 11 ай бұрын

if i get a triple decker ( 3 Unit ) rent 2 units out and live in the 3rd that would be considered owner occupied correct?

@viperrr6886 4 ай бұрын

Yes

@marcxu6173 11 ай бұрын

Housing, education and woman , for long run investing

@tammytroche1624 7 ай бұрын

Ok, I have only had part time jobs thus far because I’ve been a student for the past four years. I’m 21 and I’m interested in a house, I don’t have a stable income, I just started a small business, I really want to have my own space to grow. The house I’m looking at is $345,000 that’s a standard where I live, anything lower is a house that I don’t want to invest in. I want to invest in a house long term, a house I can marry, raise kids, etc etc. but I’m nervous because I don’t have a lot in my bank account, but I’m afraid the market will only go up and buying a house like the one I’m interested won’t be a possibility unless I’m super wealthy. What should I do?

@user-nh4tm6hh4j 6 ай бұрын

If I had no idea who you were and told you never buy a rental. I would be right 90% of the time. Most people do not have the disposition to own rentals. Dealing with contractors that do repairs, Selecting tenants and fully understanding finance are things most people can't do EFFECTIVELY. I didn't say you couldn't do them. But you have to do them in a way where you don't make mistakes and you make money.

@matthewmarler9719 2 ай бұрын

Please Make a video on how you deal with tenants who refuse to pay and squatters that take over your vacant properties and the eviction process. I used to rent my basement apartment out to people and single rooms upstairs to college kids. I couldn't stand crappy people anymore and stopped renting and sold that property. Crappy tenants have scared me off of buying a rental. I'd like to hear about how you get a 100 million and deal with bad people. Thanks.

@cassi-jean 4 ай бұрын

What if i dont own a home for myself, want to buy an investment property, but dont have 25% down, how can i get the 25 down to the 5 and below like the FHA?

@NotSoReal20 9 ай бұрын

Is 2023 a good year to buy investment for rental. Given the high interest rates

@AlexGarcia-ng5xw 8 ай бұрын

@isabellariley1837 8 ай бұрын

Telegramx

@isabellariley1837 8 ай бұрын

@GloriaBlanche

@isabellariley1837 8 ай бұрын

Gloria Blanche helped me

@isabellariley1837 8 ай бұрын

That's her info above

@db8646 11 ай бұрын

REAL ESTATE IS A MONSTER, YOU GOTTA KEEP FEEDING IT MONEY.

@luisarielchavez9548 11 ай бұрын

saludos de mexico

@nolanderskidaddy 10 ай бұрын

I appreciate his wisdom, but I don't see how intrest rates will come down soon. Inflation is sky high and government spending isn't slowing. I do anticipate prices to come down a bit as our economy puts the squeeze on folks who took on to much debt though.

@meaksam5605 11 ай бұрын

Thatch how much do I joint with your group?

@Realladyboss. 3 ай бұрын

I'm 23 years old. I own an event space now, but I'd like to get into something that will increase my fortune and that of my family and future generations. My credit score is good, but should I start with an investment property or my personal residence? In any case, I'm thinking of submitting an FHA loan application. I do want to start investing in real estate in the future; I don't want to wait to do so until I'm older or my credit gets better. Please helpppppp lol 🙏🏽

@wilsentwins 8 ай бұрын

Sir, pls do tutorial first time rental house financing for us foreigner

@graceandpanic9281 10 ай бұрын

Why would I buy at a high interest rate? If the value of the home increases and rates go down, I still have to pay refinance fees.

@dhavalprajapati21 5 ай бұрын

Already end of the year and no reduction in interest rate. Also no chance of interest rate reduction early next year.

@kelsybobelsy 5 ай бұрын

Can you give examples with the average US income or low income instead of such high numbers?

@RicosRixo 11 ай бұрын

Yessir 🔥📈🤞

@matthewevans8469 7 ай бұрын

“Passive”

@jaxxtenmarkko8489 4 ай бұрын

At 20 yrs old I have a 728 credit score just from using good methods and being smart if I can do so can you I’m positive

@jiovanyalmanza1269 9 ай бұрын

I bought my first home for 18k when i was 20 years old back in 2010. I still own it and i just rent it out.. my parents gave me good advice at the time and i listened.

@Yancyik 9 ай бұрын

You didn’t buy more?

@richardguevara5109 5 ай бұрын

It is smart to get a second loan on your main house, to buy another property

@user-ch1zs4hm2i 9 ай бұрын

Can i buy a house if i have 400k student loans

@jacobhufford9188 8 ай бұрын

I’m 23, live in Delaware, only debt is 11k on car-$254/Month, Gross monthly income is around $4000+/-, I have roughly 15k+/- total in cash/savings, but I can’t qualify for anything in my area, the lender says my max is 150k, while homes are 300k minimum

@brandedheart1933 5 ай бұрын

Find another lender you can go through first time home buyer program for cash assistance down and other programs they have available