Learn how to become a millionaire through the wealth-generating powers of real estate investing! In this video, Brandon Turner …
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Learn how to become a millionaire through the wealth-generating powers of real estate investing! In this video, Brandon Turner …
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22 comments
May everyone reading this may your dream of being a millionaire be full filled.
what about interest rates? in the USA interest rates usually are 5 to 6%so for 100k$ over 10 years that's 30k$ extra on top of the 100k$
This is the best real estate session that I have come across so far.❤👌👍💯
I bet 100$ this guy is a crackhead
I appreciate you sharing your thoughts. Thank you for sharing, but what about managing your asset or rental?
This is complete BS. No interest on the loan? Taxes on your $2,000 year? How much of the $2,400 goes to property manager? Yeah everybody makes it so easy with fake numbers. Plus I still don't understand why successful RE investors are all on Youtube making content in order to make money. Folks these guys are not successful RE people, they just make a lot of money with your views and money on their books/courses….
I was being nice before but you actually lost me within the first 10 minutes
Maybe I should just watch somebody else's video because you lost me in the first 15 minutes
Anyone starting to learn real estate keep this is mind: Dubai real estate isn’t just about property—it’s about positioning your capital in one of the most strategic markets of the decade. Timing, location, and the right team make all the difference.
Correct me if I'm wrong anywhere in this comment but What about repairs? Repairs are not cheap. In fact you have to also pay your property managers and they have to pay the employees with the rental money you receive, not to mention insurance for the property, an LLC if you get one, Let's not forget the money you pay for improving the property.
I've seen a video of a woman who claims she regrets buying so many properties so fast. I don't know if she took advantage of depreciation and appreciation but she did say to have a diversified portfolio though
You get the down payment for your next rental property.Through cash out refinance.
You have repair of 25 percent u for got that
Your next video is how to become a billionaire through real estate.
Dude you said nothing that common knowledge doesn’t say… obviously you pay on a mortgage and the loan amount decreases but explain HOW TO BE A MILLIONAIRE DOING THIS METHOD
Did you already subtract the expenses to get to your cash flow figure?
This is what I was looking for, a video made 5 years ago … the overall fundamentals of how it’s supposed to work. Thank you 5 yrs late. I am Not an American and I’m trying to apply these concepts in the country I live…. Kinda sure the tax benefits won’t serve me but I think the concept should be the same.
Asking a real estate agent whether you should buy a home right now is like to asking an alcoholic whether they think you should have a drink lol. Homes in my neighbourhood that cost around $450k in sales in 2019 are now going for $800 to $950k. Every seller in my neighbourhood is currently making a $350k profit. Simply unreal. In all honesty, deflation is what we require. The only other option is for many people to go bankrupt, which would also be bad for the economy. That is the only way to return to normal.
On its own, real estate offers competitive risk-adjusted returns, equity building, tax advantages, cash flow, and inflation protection. Real estate may help you diversify your portfolio and lower volatility, whether you invest in physical properties or REITs. My decision to invest in REITs was influenced by dividends; they are a fantastic way to safeguard and build wealth. I currently own AMT, CCI, and PSA. 2022 earnings of $290,000.
The average home is not going to cover property taxes and insurance with just rental prices.
The mortgage payment was not captured at all.
My friend you are leaving out so many variables in this equation. First and foremost generally speaking homes nowadays aren’t 100k especially “ready to move in” homes. Assuming the place needs no rehab whatsoever, the higher price tag of homes means a higher cost of entry. (Your down payment) you also never mentioned closing costs, what type of loan do you qualify for, what’s the interest rate on this loan? Insurance costs, Choosing the right tenants… leasing contracts, emergency funds for when life throws a curve ball at you, the inevitable PROPERTY TAX, among so many other factors that were continently overlooked. There is definitely security in real estate but one needs to know ALL the numbers and then can one decide weather or not it would be a good decision to “invest”😂
You are a millionaire🤑🤑
Just kidding😮💨😮💨