Real Estate Investing for Beginners
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- Опубликовано: 1 авг 2024
- In this video, I'll be discussing the basics of real estate investing for beginners. In true storytelling fashion, I'm discussing the: who, what, when, where, why, and how for investing in real estate. This is a phenomenal introduction to real estate investing.
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Who: Everybody! It doesn't matter how young or how old.
What: We discuss the main types of Investing in Real Estate, both residential and commercial.
When: RIGHT NOW! You should invest in real estate as quickly as possible!
Where: You can invest in real estate wherever real estate can be found! It doesn't matter if it is in the city, county, state or even country that you live!
Why: Real Estate Investing is an incredible vehicle to generate wealth. I highly six reasons, and these are:
1. Appreciation
2. Cash Flow
3. Principle Pay Down
4. Tax Savings
5. Leverage
6. Hedge against Inflation
How: The easiest way to get started in real estate is by learning as much as possible. There are associations, (www.NationalREIA.org), real estate mentors, other real estate investors, websites like www.rentometer.com, books, podcasts, and RUclips Channels like mine :)
From house hacking, buying large apartments, to purchasing one rental at a time, or using the brrrr strategy, you CAN and SHOULD get into real estate investing as quickly as possible to build wealth, create a better community, and pass on wealth to your future generations!
Affiliate Links:
geni.us/rentometer
Hi my Franklin thanks for all you are doing , may God bless you.
Thank you!
Thanks for enlightening!!!! People would sell those info but not you. Thanks for the Love!
Thank you! I really appreciate you saying that. It means a lot to me when people find value in the videos!
Great Great vid👍🏾
Thanks Lorenzo!
Thank you 🙏
😎😎 Thank you! I really appreciate you watching the videos and commenting! Happy you’re finding them helpful!
Great video
Thanks David! I really appreciate it!
Great information! Thank you.
Thanks John! Really appreciate the nice words and support.
Love to see those Midwest house prices in videos lol … Indiana living … we definitely have houses that are in that range lol
Yes! If my market ever dries up…IN will be my next stop 😇
@@RyanIngram no no no Mr Ryan … you leave Indiana to me… I’m learning from you so thank you very much for all the info. New subscriber 🚨 🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨. I have many questions… but first .. let me pay my debt off and I’ll be ready!!
Ryan, as you were speaking you mentioned “The Stock Market”!!
Well, my boyfriend is fixing to get
Into the “Stock Market” as a New Job and Investment!!
NOPE!!!! AS OF TOMORROW HE WILL BE GOING INTO
“INVEST IN Real-Estate!! He will be
Watching everyone of these videos,
Because I’m “Subscribed “ & I’m saving everyone of your videos!!
Thanks A Bunch Ryan!!!
Real estate, for the win!
You have become my fav pretty quickly ❤️
Woohoo! Thanks Gina! Looking forward to hearing from you! Feel free to hop on the livestream that I do every Friday morning at 8am EST.
Good vids bro. I just found your channel and I’m about to binge watch your vids.
Thank you! I really appreciate it! Don’t hesitate to reach out if you have any questions...
The mortgage pay down is one of the magical parts of the deal because it happens without you noticing. (check out 13:26) Not sure about the terms of the loan but the principle and interest numbers might be reversed but that really doesn't change the main point. Your mortgage is being reduced by every payment and in the end you have a property without a mortgage. Just great stuff!
Thanks Ian! I couldn't agree more....
EXCELLENT VIDEO BRO!!!!!!!!!
Thanks JT!
Thank you for sharing our services!
Thanks for noticing and thanks for the awesome product!
Great video, Ryan! Nice to see you again. I’ll have to check our your other content.
Thanks Dan! I really appreciate it! Hope your racquetball game is staying strong 💪
I am really enjoying your videos, I feel that you are a great teacher. I plan on buying a rental property out of state in the next couple months. Can you make a video about finding and working with your property managers and contractor?
Thank you! How’s your Investing coming along?
@@RyanIngram my spouse would not accept a house hack in a duplex etc. So I paid off my primary residence and recently moved into a new house near my old one. The rental income from that one will pay for my current home and I am going to consider it a "dirty house hack." At the very least I will gain a net benefit from the depreciation.
I also made contacts in Michigan who will be my boots on the ground for some long distance investing I am planning on purchasing in the next few months. My next step is putting together and operating agreement for the business relationship. Thanks for asking
Dude! You are Hilarious. South Paw all the way.
I love it!
Thanks Thomas!!!
Man, nice channel 👍
Thanks Leo! I appreciate the support! Don’t hesitate to reach out if you have any questions...
I just sold my Domino's franchise and want to invest the money from the sale. Banks won't talk to me because I have no income. What can I do?
Thanks again for all your precious time!!!
17:31 I hope they listen! I love your spirit! Hope to meet you one day.
Appreciation on leveraged money in real estate > gains on straight up capital!
Completely agree!!!! It’s like a magic trick. A true something from nothing.
Awesome video! I have a specific question but I dont see your email in the description above?
Ryan@seekwisdom.us looking forward to hearing from you!
Ryan, good stuff here on your channel. Question: Is it reasonable (or even smart) to try and employ a HUD-savvy realtor to check out and bid on homes on my behalf even though I live out-of-state? Or would you only suggest doing it if I could personally visit the houses prior? thanks
Thanks for the words! I had a similar question this morning on the live stream. I think there are a few key aspects of investing that you should be very hands on with. Those being the underwriting (purchase price, scope of work, and after repair value). I wouldn't outsource these at all. If you did, I would watch them like a hawk and micromanage them to a point you might run them off.
hi Ryan i am new tying to invest on real estate started these auction but no luck
Auctions are just 1 way to get properties. You should try all of the ways, and see which one you like best. I just recorded a video about the 7 streams of deal flow. Hopefully that helps.
I love your videos so much. Thank you for taking the time to explain all of these things. You’ve got a way of taking things that seem complex and making them super simple.
Thanks Kim! I really appreciate those words!
Yes! He is so clear and he breaks things down so easily.... and he keeps it real.. I am learning more now than ever!!! “Laser-focused”
17:10 - should it be $3,800 / year ?
Probably, this was one of my first videos and I was super nervous...it’s riddled with minor errors like that...but I still support the overall message, so I didn’t want to take it down.
@@RyanIngram I just want to confirm the information stated in the video.
And please do not take these videos down. The effort and information that you made are extremely valuable. I honor you and your work.
Your videos are like gold to me . I have 3 older brothers doing this and none have much time to explain in detail what it’s all about thank you for your dedication and time to explain to the world what Real Investing is .
Thank you for the kind words Jorge! And congrats on the newborn! Judging by your photo alone :)
That's $3,800 per YEAR not month. Math was off a bit. Question is whether or not the headache of dealing with a tenant is worth such a small amount over a 10 year period
Thanks! This video has a few mistakes in it...I've contemplated taking it out...but I think it is still a net positive. As far as the headache goes...it is totally up to you and it is ultimately a personal preference. Rarely, would I say that one rental property is really worth it. I think the end goal should always be to have several, maybe at least a dozen.
good job Ryan, I wanna do the same just like you but I do need more guidance as a starter
I think you’re well on your way!
I couldn't find your email in the description as you mentioned in the video
You found it now :)
"anybody" v "evervody" big difference
Hey Ryan, I sent you an email regarding my situation in this whole world of Real Estate. Keep making these videos and I am sure many people will come to you as their mentor.
Thank you!
I want to buy a foreclosed property for my daughter. What are the penalties if I don't live there? Since she is first time home buyer do any of the incentives/perks apply? Do I need a realtor for a title search ? Can you see any of property before purchase? Is it possible to have property inspected before final purchase?
I’m sorry Claudette, that is such a complicated question! If I were to give you an answer...there would be so many asterisks behind it. Please send me an email at ryan@seekwisdom.us and I will schedule a call with you to discuss all of this.
Where is your email? I would love to get some advise from you. Appreciate all your help so far!!
Ryan@seekwisdom.us
Looking forward to hearing from you! Thanks for all the support on the channel!
Really great video Ryan - thank you so much for taking the time and effort to prepare these and I really appreciate your clear to-the-point delivery. Ryan I'll be joining your live cast this Friday and have a few questions. I'm in Southern California and am currently researching out-of-state sub 60k SFR markets to invest in and would be interested in hearing your thoughts on selecting such a market. Looking forward to connecting with you and your followers this Friday!
Super pumped to meet you and hear from you! Thanks for your words and looking forward to attempting to answer your questions!
Also, if you sell your personal residence, in MN, you don’t pay taxes on the gains up to $250,000. You’re able to do this every two years. That’s not a benefit you get investing in the stock market!
The stock market is the worst. I hate just about everything about it. It is a catalyst from the middle class to wall street.
It gives me the heebie-jeebies.
How do I get in touch with you
I think you just did :)
You can also email ryan@seekwisdom.us
Hi Ryan, what are some ways to find/connect with wholesalers?
Great question...I’ll record a video on this.
what part of ohio do you invest in?Ive been looking into chillicothe
I think that is a very safe place to invest in...definitely a main thoroughfare. I invest very heavily in Montgomery County.