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How to Raise Money For Your Real Estate Deal (The K.I.T.E. Method!)

  Рет қаралды 184,031

BiggerPockets

BiggerPockets

Күн бұрын

Learn how to raise money for your real estate investment deals using the K.I.T.E. Method!
In this video, Brandon shares some incredible knowledge for raising money. This is a repeatable formula and a great way for newbies to get started investing in real estate.
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Пікірлер: 173
@biggerpockets
@biggerpockets 4 жыл бұрын
L.I.K.E. FOR K.I.T.E. 👍
@rocianante
@rocianante 4 жыл бұрын
K.I.T.E. is a risky use of acronym when observing the definition of 'Kiting'. Might want to rename it.
@ayandagoba8356
@ayandagoba8356 4 жыл бұрын
Can I work for you man.
@taylortaylor7622
@taylortaylor7622 2 жыл бұрын
Hey Brandon how are you? Quick question when you use the stay hack method can you still put it in your business name?
@GRINDETHIKSMIXTAPESHOW
@GRINDETHIKSMIXTAPESHOW Жыл бұрын
Please don't use that 9-5 example u taking me back to my horror days lol 😂
@furadhawkan
@furadhawkan Жыл бұрын
1. Knowledge 2. Integrity= Doing what needs to be done no matter what. 3. Tactics 4. Experience
@headfirst6227
@headfirst6227 2 жыл бұрын
This is about much more than real estate. This is about all forms of deal making. It's a good way to help family be focused and organized.
@Theo-B
@Theo-B 4 жыл бұрын
Knowledge Integrity Tactics Experience
@WillertMorris
@WillertMorris 2 жыл бұрын
Brandon, I was emotionally down right after watching a coach basically imply that I can’t operate without his help. Now after watching you, My paradigm shifted, and problem solved. I hear you. Specifically, the KP is the bridge to increase the probability of my success as a deal provider or Syndicator. Cheers!
@DadBodRun
@DadBodRun 8 ай бұрын
Thanks Brandon ! I just started to read “The Multifamily Millionaire Vol 1 “. You did an awesome job putting it together. Super easy to read ! Thank you for all of your free content
@JohnSon-qq5zx
@JohnSon-qq5zx 2 жыл бұрын
I am delighted because I understand what K.I.T.E stands for now
@DudeRealEstate
@DudeRealEstate 4 жыл бұрын
“How you do anything is how you do everything.” Love that. ❤️
@JamesHollowayYT
@JamesHollowayYT 4 жыл бұрын
I hear this all the time. When I look at this in my life, I certainly see it! Trying to work on this!
@DudeRealEstate
@DudeRealEstate 4 жыл бұрын
@@JamesHollowayYT Me too James!
@kamkali5679
@kamkali5679 3 жыл бұрын
I love this
@Spud_E_Buddy
@Spud_E_Buddy 2 жыл бұрын
@@JamesHollowayYT Hi James, so how are you doing with this area since writing the comment? Doing well I trust. If not, I have a tip for you that helped me a lot. If you’d like to hear it just let me know. All the best!
@jck1101
@jck1101 4 жыл бұрын
In real estate, it takes money to make money in most cases. A lot of younger entrepreneurs are looking for ways to gain capital to invest. As I was in my 20's I was able to acquire properties by the capital I earned through door to door sales. In this direct sales channel, one can make a year's income in just months. That capital can then be invested into properties. Till this day we help young entrepreneurs at no cost. Just their work ethic, earn capital through sales to chase their investing dreams.
@zacharyward3123
@zacharyward3123 4 жыл бұрын
I worked doubles and saved for a year before I bought my first house that was at a discount and needed some work with about a >20% COC return. I spent that time reading and talking as I saved. I shopped around with hometown banks and Credit unions to get best deals. I used equity to buy a couple more and even got a back to lend to me with ZERO out of pocket in a rehab that has infinitive COC returns now. Now I have a family member who’ll give me just enough for a down payment every year or two as long as original is payed back. I have close to a million in property now with hundreds of thousands in equity with maybe a total of $50k out of my pocket. In short it didn’t take me a whole lot of seed money to get the snowball going. Taking the time to learn, find the deals, be patient, and make that first purchase were the biggest challenges.
@ckniffen7111
@ckniffen7111 4 жыл бұрын
Very Good Information. A poor person could study this and change their entire life. A literal ladder given to them for free. This is the future, and you Sir are an usher of it. You deserve the wealth you have and for it to grow abundantly.
@JamesHollowayYT
@JamesHollowayYT 4 жыл бұрын
It only takes ONE DEAL to change someone's life. ONE DEAL. That's incredible
@SteveRam
@SteveRam 4 жыл бұрын
Brandon making new acronyms! Love it! I smell a new best selling book! “K.I.T.E. Method Real Estate Investing” Thanks for sharing Brandon!
@ThaRealERAQ
@ThaRealERAQ 4 жыл бұрын
Brandon just give me the money.
@Scott-got-caught
@Scott-got-caught 4 жыл бұрын
😂💯
@adamkhan4451
@adamkhan4451 2 жыл бұрын
Lol
@raidertrader8670
@raidertrader8670 2 жыл бұрын
Brandon you're on fire as always ,but I really have to ask.... Who produced your music at the end of the video???? That beat is crazy!!
@yussefg7267
@yussefg7267 2 жыл бұрын
Love it. We need a full course
@mr.g1683
@mr.g1683 Жыл бұрын
Are you open to taking any more rental properties to include in your fund, as well partner to finance others?
@m77ast
@m77ast 3 жыл бұрын
I like your how you put info out. If you dig you will see there is a lot of knowledge in there. Do you have a template of the figures and how you get these deals in a way that everyone wins. I currently do not know how to put together and analyse the figures.
@The7thNote.
@The7thNote. 4 жыл бұрын
great video man! I really enjoy these
@TrevorAngell
@TrevorAngell 4 жыл бұрын
Hot take: one of the best pieces of information I've seen out of BP in a while. Watched twice. Took notes. Thanks for this!
@JamesHollowayYT
@JamesHollowayYT 4 жыл бұрын
I love it when it's just Brandon! He has inspired me to create my own KZfaq channel to teach people about real estate!
@shanedurkee7308
@shanedurkee7308 4 жыл бұрын
Good stuff Brandon...
@Frommilitarytomillionaire
@Frommilitarytomillionaire 4 жыл бұрын
Experience...The most important, because it means you have taken action. Action is where the magic happens!
@TheColombiano89
@TheColombiano89 4 жыл бұрын
Semper Fi Staff Sergeant. Just got a multi family and my own home using the VA home loan.
@Frommilitarytomillionaire
@Frommilitarytomillionaire 4 жыл бұрын
@@TheColombiano89 that is awesome, congrats...now keep up the momentum!!
@SterlingWhiteRealEstate
@SterlingWhiteRealEstate 3 жыл бұрын
Real estate investing is not simple. You really gotta have a plan.
@mastermindrational1907
@mastermindrational1907 2 ай бұрын
After investing in many real estate deals since 2013 I must agree. The general concept is simple, but actually executing well is complicated and not easy.
@johnnyb33good21
@johnnyb33good21 4 жыл бұрын
This is a video to save and refer back to multiple times. Very useful info
@thomasbrownjr8491
@thomasbrownjr8491 2 жыл бұрын
Good video .. but the whole getting the investors thing is extremely vague.
@broderickross6869
@broderickross6869 4 жыл бұрын
Find and analyze good deals
@firstlast3192
@firstlast3192 2 жыл бұрын
How do I buy a property without paying for it out of packet other than the down payment? I have invested in real estate. I had a good paying job, got a loan with a down payment and bought 3 properties this way. I recently sold 1 3-family property I held for 17 years and still have 2 properties free and clear. I have a decent amount of money saved. Now, I do NOT have a job and have not had 1 for a few years. But I want to buy another property. I tried to get a loan from my local bank (who loaned me the money for the 3 properties) but they will not give me a loan due to not having recent job history even though I have good assets, cash, no debt, a track record and FICO of 820.
@sallygoldfinger
@sallygoldfinger 2 жыл бұрын
Would love the answer to this one!
@caymera1229
@caymera1229 4 жыл бұрын
@2:26 I guess you meant to add some graphic in your video when you mentioned "this property" and pointed at nothing
@Jeremy-cb4rz
@Jeremy-cb4rz 4 жыл бұрын
I think it’s the property he’s in right there...
@josiahhein6036
@josiahhein6036 4 жыл бұрын
Literally the property he is standing in, in Maui! Lol
@newimagepropertiesllc4921
@newimagepropertiesllc4921 2 жыл бұрын
Awesome sir I love your content keep up the good work you are helping me get to the next level brother
@nickshomehacks
@nickshomehacks 2 жыл бұрын
Learning how to raise capital for syndication! My team is here in Reno.
@uhhcrave
@uhhcrave Жыл бұрын
how has this turned out?
@nickshomehacks
@nickshomehacks Жыл бұрын
I ended up not being the person raising but the deal finder. I'm better at finding sellers than money. At the end of the day do what you're good at and find someone who needs your skill.
@uhhcrave
@uhhcrave Жыл бұрын
Very neat, thank you for replying! Any tips on finding commercial deals like the ones you work on? (software you use/rules of thumb/etc.)? :-)
@llouvakates
@llouvakates 4 жыл бұрын
this is awesome topic!
@aurelia4297
@aurelia4297 3 жыл бұрын
if i use equity.....whose name will be on the papers? like who owns the property? can two people own a property?
@matthewmoore7817
@matthewmoore7817 4 жыл бұрын
Starts at 3:45
@jacobfreeman5054
@jacobfreeman5054 3 жыл бұрын
Lol thanks!
@EmmanuelOnitheoneandoni
@EmmanuelOnitheoneandoni 3 жыл бұрын
I love you
@Leo-iq7um
@Leo-iq7um 2 жыл бұрын
learning starts at 0:00
@mjackson544
@mjackson544 4 жыл бұрын
Brandon I found two four-plexs Next to each other 1) @ $335 2) @ $350 I'm looking for $700,000 Put the extra $15 into both Buildings. Need help to get the fund's
@m77ast
@m77ast 3 жыл бұрын
Hi I will go to your website but I need help in analysing and understanding deals.
@chrisfifield8583
@chrisfifield8583 3 жыл бұрын
Integrity is doing the right thing legally and morally
@stevenroshni1228
@stevenroshni1228 4 жыл бұрын
Awesome information! Many people have said this can be done, but don't really show us how to do like you just did.
@MegaTuang
@MegaTuang 4 жыл бұрын
All the best as always, Brandon.
@ahmedseddikh
@ahmedseddikh 3 жыл бұрын
Perfect channel ❤️
@Linda-bj3bb
@Linda-bj3bb 4 жыл бұрын
Hi there I am from South Africa. I payed off my home in the country now and then bought a 2nd property in the city. The price was good but property is a 4 hour drive from where I live so I roped in an estate agent as a property manager. Their fees are 10% of rental and the initiation fee is the first rent. The initial cost of conveyancing etc has exhausted my funds. It just feels like I have made a big mistake trying to invest in property and should have probably bought closer to home so that I could manage the 2nd property myself.
@boblangworthy
@boblangworthy 4 жыл бұрын
What's the poster in the back right?
@luiscouto6543
@luiscouto6543 4 жыл бұрын
How many trailers in that mobile park?
@jessicadjonne2687
@jessicadjonne2687 2 жыл бұрын
Mobile home parks are the way to go … money making machines!!! I’ve got experience managing them and I’ve got a nice little fund started, decent credit too. It’s tough to get the permitting, at least in Cali. For a new build. Thanks for the great advice, I see my lack of … a couple of things, lol. Nothing I can’t overcome, it’s more of just Doing it. I’ve been a little preoccupied with end of days watching. I need a partner who does what I don’t and vice-versa.
@Ethernet480
@Ethernet480 3 жыл бұрын
My name Andrew Grande and I have a 6 pack but it’s beer. Does that count?
@ernestgreen6821
@ernestgreen6821 2 жыл бұрын
Awesome! Great speech very informative! Thanks
@Woodshadow
@Woodshadow 3 жыл бұрын
those 10 tips... that is why I am here. This is some great stuff right here
@ghotwings
@ghotwings 3 жыл бұрын
This video makes me feel smarter already and more confident. Thank you Brandon
@woodyahh2110
@woodyahh2110 4 жыл бұрын
If I had 5 million I wouldn't be skimming through your channel
@Marie-st3pi
@Marie-st3pi 4 жыл бұрын
woody ahh I would be intensely studying this information to best multiply my 5 million not lose it!
@woodyahh2110
@woodyahh2110 4 жыл бұрын
@@Marie-st3pi making money is easy Getting the investor is the hard part
@oneconcept22
@oneconcept22 4 жыл бұрын
Great video. Thanks Brandon.
@quinnolivarez
@quinnolivarez 2 жыл бұрын
Indispensable content as usual, kudos and thank you
@stevejava4336
@stevejava4336 2 жыл бұрын
Impressive! Very well said.
@JRAMOSK20
@JRAMOSK20 3 жыл бұрын
Most regular people have no one to borrow from because there as broke as us 🤔😂
@fatkitchen17
@fatkitchen17 4 жыл бұрын
Step 1. Get a job step 2. Learn to save money and stack cash for a few years step 3. Don't put your family, friends, and associates at risk but instead use qualified lenders
@gibransaliba8801
@gibransaliba8801 4 жыл бұрын
You have to do this anyway or else you go broke, but you have to raise money if you want to make it big in real estate
@eeasycompany101st
@eeasycompany101st 4 жыл бұрын
ilya that’s great for the 1st couple conventional deals. What he is talking about is more for those who has exhausted all their conventional financing. Which there is a legal limit to how many you can have.
@trivialtruth1827
@trivialtruth1827 3 жыл бұрын
And the NUMBER O N E how to make money on Real Estate that no expert or guru will tell you about is: In Real Estate purchases, ALWAYS take over and retain an existing 25 or 30 year mortgage in its lest 5 year leg with the house purchase if existing (In fact, look for these properties). NO MATTER what the indicated interest rate be on such existing mortgage. Effectively, if it's the last five year leg of a 25 or 30 year mortgage, the effective interest rate is ZERO INTEREST, as per the instalments are 100% against the principal at this stage.
@MERCYFJ
@MERCYFJ 4 жыл бұрын
Nice!
@JamesHollowayYT
@JamesHollowayYT 4 жыл бұрын
I love Brandon! He inspired me to make my own KZfaq channel, and helping people invest in real estate!
@cynthiaaiken2424
@cynthiaaiken2424 4 жыл бұрын
Good haircut, dude.
@GLLHamp
@GLLHamp 4 жыл бұрын
Nice picture on the wall behind you. Windmills?
@PatStarDJ
@PatStarDJ 4 жыл бұрын
It’s a surfer on a wave.
@GLLHamp
@GLLHamp 4 жыл бұрын
@@PatStarDJ Haha, I get it, your're not a surfer and don't know the breaks on Maui.
@PatStarDJ
@PatStarDJ 4 жыл бұрын
There I go being literal and looking stupid on the internet again 😂
@codyschlenker6821
@codyschlenker6821 2 жыл бұрын
I'd like them to cover the most important part, aka, filling rooms with tenants.
@clarkewi
@clarkewi 4 жыл бұрын
How about using a HELOC - home equity line of credit?
@LinkTheHeroOfTime
@LinkTheHeroOfTime 4 жыл бұрын
Only works if you own property beforehand
@JasonCarmichael
@JasonCarmichael 4 жыл бұрын
I hate risking your own house for any investment.
@zacharyward3123
@zacharyward3123 4 жыл бұрын
I’ve entertained the idea but life happens so why risk your roof especially if you have a family to look after. I’d rather work a second job or OT to save for an investment.
@XxowendanxX
@XxowendanxX 4 жыл бұрын
This is off topic but I'd like to see a discussion about how government at all levels has or may at some point have real estate investors in it's cross hairs. I read a very scary article on the biggerpockets website about how some localities are making it near impossible to do business in their area. There may even someday be a push to tax away appreciation and severely limit or outright ban property owners from renting out their houses. Sounds far fetched but history tells us when people say they intend to do horrible things you should believe them. We laugh off or poo poo these threats at our own risk. Rental properties are one of the few ways that average people can achieve financial Independence and there appears to be some in government who seek to bring that to an end in order to advance their political careers and others who seek to do so for reasons having to do with stone-hearted political ideology.
@BYU2726
@BYU2726 2 жыл бұрын
Thanks for doing this and providing actual tips not just general ideas
@danielrichter465
@danielrichter465 4 жыл бұрын
Nice video, most time human beings kill their selves. Do you know the difference between the rich and the poor. The rich invest while the poor save. Don't be among the persons who refuse to invest and keep working their whole life. Investment you placed today will definitely be a life changing one for you Even after 10 years today
@danielrichter465
@danielrichter465 4 жыл бұрын
Know that you are going no where in life without risk. Every financial risk is worth it It's a win win. If it works. Then you've made it. If it fails then you have learn from it
@albertbush9361
@albertbush9361 4 жыл бұрын
Exactly ✌🏻
@albertbush9361
@albertbush9361 4 жыл бұрын
Pay yourself first - savings, investment first before paying bills, shopping etc
@jaylarry2043
@jaylarry2043 4 жыл бұрын
Yes Arnold, I agree with you
@jaylarry2043
@jaylarry2043 4 жыл бұрын
Investing in cryptocurrency(bitcoin) is really the best investment today
@fodd24barca6
@fodd24barca6 4 жыл бұрын
I watched a lot of your videos and they're all awesome, but this one is one of the best I ever watched about real estate thank you for this teachable video.
@SJ-ix1cu
@SJ-ix1cu 4 жыл бұрын
Is there's a illegal way?
@Shinny267
@Shinny267 4 жыл бұрын
Hey Brandon. I'm going to email bigger pockets. I need some mentors.
@cocorna3282
@cocorna3282 4 жыл бұрын
"Back in 1963 I taught Brandon Turner almost everything he knows. I could have taught him the rest but I got drafted by the Jacksonville Jaguars in the second round" - Brian Williams, NBC News
@MCrelationz
@MCrelationz 4 жыл бұрын
1000 units in 3 years???
@starttofinishmediaco.2520
@starttofinishmediaco.2520 4 жыл бұрын
great info! HOW THE HECK DO U MANAGE UR TIME WITH 1000 DEALS???? LOL
@flandersfamilytoday
@flandersfamilytoday 4 жыл бұрын
Thanks for all your doing!! Great inspiration!!
@fatimohjinadu8769
@fatimohjinadu8769 4 жыл бұрын
Thank you for the valuable information. If you rise fund through debt what rate of return will u offer your investors?
@anasilveira2683
@anasilveira2683 3 жыл бұрын
💯
@johnching7538
@johnching7538 4 жыл бұрын
Great video, Brandon. Where did you learn the ins and outs of creating a security and the different types of funds (legal terms) to use?
@ravenisdick
@ravenisdick 3 жыл бұрын
7:25
@BJNeyer
@BJNeyer 4 жыл бұрын
KITE better than BRRRR. KITE applies to all avenues of life.
@michaelbiasatti5016
@michaelbiasatti5016 3 жыл бұрын
If your just getting started (studying to buy that first rental) should you set up an LLC or other entity before starting looking for funding or a mortgage ?
@VideoGrabBag
@VideoGrabBag 4 жыл бұрын
Brandon, thanks for a well presented, good, informative, strait-forward no-gab video. Unlike your many others, you did great! Keep it up, please.
@LouBloom21655
@LouBloom21655 4 жыл бұрын
Is the reason most syndications only take accredited investors only so they could advertise deals? Or is there other reasons as well
@phamvannambds
@phamvannambds 2 жыл бұрын
Hi idol
@machomacho9386
@machomacho9386 2 жыл бұрын
How do you know Turkish?
@Njsrufrider
@Njsrufrider 4 жыл бұрын
Is there a video more in detail about how you come up with numbers for hard money lenders? I feel like I can get my family to invest in me, but dont know the rights and wrongs about repaying them back.
@andrewdiamond2697
@andrewdiamond2697 3 жыл бұрын
The K.I.T.E questions are questions you should ask yourself, even if you are self funded or using bank financing.
@pandamama4094
@pandamama4094 3 жыл бұрын
The big question is what is Brandon’s real height 🤔
@jacobfreeman5054
@jacobfreeman5054 3 жыл бұрын
6’3” is my guess
@piercebrooker5175
@piercebrooker5175 4 жыл бұрын
THANK YOU FOR THE AWESOME ADVICE, ITS A GREAT VIDEO FULL OF USEFUL INFORMATION- PIERCING INSTINCTS PROPERTY MANAGEMENT #FOLLOWUS
@capacious1288
@capacious1288 11 ай бұрын
You stole that intro from idubzz tho
@666PANDEMONIUM
@666PANDEMONIUM 4 жыл бұрын
Bold of you to assume that I don't have a 6-pack and singing ability.
@EmmanuelOnitheoneandoni
@EmmanuelOnitheoneandoni 3 жыл бұрын
Do you have all the money you need?
@666PANDEMONIUM
@666PANDEMONIUM 3 жыл бұрын
@@EmmanuelOnitheoneandoni Nope, still working on that one.
@jmannii
@jmannii 2 жыл бұрын
Do you have a six-pack and singing ability?
@666PANDEMONIUM
@666PANDEMONIUM 2 жыл бұрын
@@jmannii Yeah, I can carry a tune. Lift 6 days a week too.
@russlea6383
@russlea6383 2 жыл бұрын
Being a member of the 800 Club doesn't hurt either: having an 800 credit score and taking home $800 a week.
@deepaksetia
@deepaksetia 2 жыл бұрын
Skip to 3:20
@rainpeacesleepasmr6761
@rainpeacesleepasmr6761 4 жыл бұрын
I need a partner to help me take down an 2,000,000 46 unit in Detroit. I have 1/3 of down payment! Brandon help!
@cryptonative289
@cryptonative289 4 жыл бұрын
what is this deal. I live in Detroit
@youtub8168
@youtub8168 4 жыл бұрын
Sound like great numbers. Pm me, if you have 1/3 dp what else are you looking for?
@Darkrock89
@Darkrock89 4 жыл бұрын
FIRST
@ProudSalafi
@ProudSalafi 3 жыл бұрын
Bruh spend some money and eat and hit the gym
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