Видео

What kind of detective work did you do to find the agent?

At what point is it best to pay down the mortgage if you are using the interest as a tax write off?

Are they paying just the interest on the HELOC? How are they paying it down and how long does it take? What happens when the repayment part kicks in?

I totally agree with him. But on the other side, contractors also try to make as much as they can. Some guy wanted to charge me 7k to putt epoxy floor and paint the garage lol. I didn't even respond, I just deleted his number

I’m a contractor I’m trying to figure out how much to charge if I was doing the work - like if it’s 3300 for 11 windows how much should I charge to do the windows if it’s all spent on the windows

What area are you doing deals? Thanks for content

It’s important to emphasize that you aren’t factoring risk when using a HELOC.

Idk how that dude does it with that woman interrupting and correcting every little thing he says haha

His negotiating tactic is - dont negotiate

No contingency? How do you deal with liens on the property?

You get discounts from your suppliers. Common man let's talk 👄

I was beginning to ponder this same question about the 70% rule. Being in the military so long, I’ve been drilled to follow rules, so when I see a property that doesn’t meet the 70% rule, I’ve kind of written it off. One of the properties I submitted to you guys a few weeks ago for review didn’t quite meet it and I was looking at like $20-25K profit (if all went well). I didn’t feel comfortable with that spread. With that though, it’s been hard to find properties that will come in above that $30K profit threshold. The cost of borrowing money these days really eats away any profit, same goes for buy and holds I’ve looked at. I guess that’s just the climate and market we live in nowadays.

Now sep 23, Heloc rate is 7.99%; my mortgage rate is 3.65%, no can pay it off, no no

Yeah, I’m not guilty if there’s a delusional contractor wanting $400 an hour just because he spends more than he can afford. That’s why I keep doing things most things by myself or using automation and help out close friends so those crazy contractors run outta business or decrease their prices to normal

Really enjoyed your walk through. You are spot on with how it's done. Its alot of common sense involved.

What bank are you using to finance your investment properties?

Thanks for the video. Just getting into rental properties and getting familiar with the benefits of a HELOC. Love the idea for rental properties, or for purchasing any cash flow assets. However, I've heard this idea of paying for ALL spending with a HELOC, but I have not been able to justify that as a good idea, in my head. Why put utilities, groceries, daily spending, etc on a HELOC when that has a daily percentage interest rate. Doesn't that mean that I am paying more for utilities, groceries, etc??? What am I missing here???

Jesus Christ this couple can’t even get on the same page. Don’t even let each other finish smh 🤦‍♂️

Who kept coughing. Better to reposition the mic away from him next time or send him across the room.

Question. They mentioned they bought a duplex, single, then a quad all months apart using the heloc. So they had mortgages for all 3 buildings, and the heloc to pay down using their income and rent money correct? Or does the heloc become first lien on those properties?

As a tenant who has had mostly good landlords and one bad landlord, the things you're describing don't sound like a bad landlord to me! You're just establishing the relationship as professional and not friendly. A bad landlord is someone who denies and delays repairs, harasses in the hopes of forcing someone to move, makes false claims of damages, etc... that's way different.

Come to new jersey and see how many times that works. Stick to the midwest my friend

Please let the wife do future videos. Thanks

Best place to go to get into real estate: ► www.pinkaffiliates.com/free

Awesome!

Also, buy some Tax Lien Certifactes. And also 0% introductory credit cards. Then, educate your banker on Tax Lien Certificates. When he likes them as securiety, expansion becomes neer infinite.

Being a landlord sounds hard. But I understand that some people just really can't pay.

Like every property owner now charging a ton of money for one bed apartment. hope all of you get regulated a BILLION TIMES to not go above 1000 for any propert of 1 bed…

This is a good start on the subject 👍🏾

Maybe this would work 10 years ago but not a chance in this market

What does the Bible have to say about this

#TRUMP2024

Who pays for repairs and taxes during the option period? I assume the owner not the tenant

I think this would it be better if they use the board to show a clear strategic visual target

total transfer of mortgage to HELOC is not a good idea, HELOC interest is variable.. it may shoot up anytime..

Thank you so much Sir. Iam knocking on doors and asking around trying to get an investor and do exactly as you advise me. I appreciate all your input and your help. God bless you and keep up the good 👍👏👏

Please, get to the point!

What’s this couples name. It’s need help using this strategy

This would be an excellent video IF he let his wife talk more. I love how she filled in a ton of his rambling, I mean “grey areas,” and made the process more approachable. I wish she had her own segment.

red Gatorade

15k + 7200 + _____ = 94,128.00 Could you clarify

How did you determine the payment for the lease to buy option? And the lease to buy option term?

good info! thank you

What do you mean when you say knock down the ceilings in the first couple bedrooms? Is that jargon or are you actually knocking them down and if so what leads you to make that decision?

Great session for understanding the process. We have one but I ddint understand how to utize it. Thanks very much for sharing your knowledge. We were DINK also and with a huge school loan.

Your content is very good. But you are making a mistake that your channel is not doing good SEO. If you do good SEO in your channel, your channel will grow in few days.

Excellent video, thanks for sharing. I am in funding process right now of my real estate company and that’s what I’m finding is 100% true

Great video! Going to buy your course. Hope this year is my year!

Awesome information

Holding a property for 10 years or more will change your life. I’m doing this in a more aggressive way now.