If you find this video valuable, please consider sharing it with someone who could benefit from it. Your support helps our channel grow and motivates Ken to keep making videos like these. Thank you
As an investor & real estate broker, this advice is 100 % accurate. Don't use an agent who doesn't even own their own home. Find one who has owned rentals before.
Recently retired and unsure if my 401(k) and IRA will provide a stable future. i need an approach that will align with my risk tolerance and financial goals, i set aside $1m to achieve this. Do you suggest i get into stocks or buy a rental property?
Look up dividend aristocrats. Pick six to ten from that list. Those companies have a track record of 25+ years of paying dividends. Also, it’s advisable you work with a financial advisor to help set up a well-structured portfolio.
I agree. Based on personal experience working with a financįal advisor, I currently have $2 million in a well-diversified portfolio that has experienced exponential growth from when i started. It's not only about having money to invest in, but you also need to be knowledgeable, persistent, and have strong hands to back it up.
this is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
I work with Annette Marie Holt as my fiduciary advisor. Simply look up the name. You would discover the information you needed to schedule an appointment.
Thanks for the advice. The search for your coach was simple. I investigated her well before using her services. Considering her résumé, she appears competent.
8 years in... 9 doors, ive fully replaced my income... but thennn we increased our lifestyle, fancy house etc and now i cant leave the 9 to 5. DONT BE LIKE ME.
It took me 8 years become financially independent. I only have 3 properties, and may add 1 more. I didn't just buy real estate though. I was also house hacking and putting money in index funds. Some dumb luck came along too, and I left my job last year. Probably going to live overseas and travel while I'm still young.
Congrats 🍾 House hacking is so underrated, it’s how I started myself. People think they’re too good for it and write it off. If you do it right it’s no hassle and easy money.
That's awesome can you give a brief on your experience and tips for somebody like me in their first Duplex investment looking to do something similar? ;D @TXetc totally agree with you, it's not bad at all, there's a lot of bad people out there ... sure, but there are far more good people out there I believe.
Becoming a millionaire through a Roth IRA or a 401(k) involves different strategies for maximizing profits. A Roth IRA offers tax-free withdrawals in retirement, which can be advantageous if you expect to be in a higher tax bracket later in life. On the other hand, a 401(k) provides tax-deferred growth and potential employer contributions, boosting your savings. The optimal choice depends on factors like your current and future tax situation, employer match, and investment options. Consulting a financial advisor can help tailor a strategy that aligns with your financial goals and circumstances.
Prioritizing effective personal finance management holds greater significance than the sheer amount saved, irrespective of income source. Consulting a certified financial advisor can offer tailored strategies to optimize financial results by reducing expenses and enhancing income, regardless of whether it's earned through employment or investments.
I wholeheartedly concur. At 40+ years old and newly retired, my external retirement funds total around One million two hundred fifty thousand dollars.. With no debt and minimal retirement fund allocation relative to my portfolio's value over the last three years, I recognize the importance of a financial advisor. Neglecting them isn't an option; however, thorough research is vital to find a trustworthy fiduciary advisor.
REBECCA NASSAR DUNNE is her name. She is regarded as a genius in her area and works for Equity Services inc. She’s quite known in her field, look-her up.
I’m a lender, hotelier, RE investor, and USMC veteran and run a national mortgage team. Ken’s channel is one of my favorites by far. If I can help anyone in the comments please let me know. Always happy to help.
I had 10 rentals. Talking to other investors braging about making $300 to 400 a month. No budget for ac units, roofs, appliances, repairs etc. The only way they made it work was appreciation. Luck. Now cashflow is hard to find
I am 26 years old, lost my dad about half a year ago and I am going to receive some money soon. Would it be smart to grow my money in stocks for a few years while I am in college and then invest in rental properties afterwards, or should I go for real estate investing first?
I would advise the counsel of a seasoned financial pro. It may seem expensive, but as the old saying goes - "you get what you pay for" "Expert solutions require Expert providers" - my mantra
Agreed, I'm in line with having an advisor oversee my day-to-day investing cos, my job doesn't permit me the time to analyze stocks myself. Thankfully, my portfolio has 5X in barely 5 years, summing up nearly $1m as of today.
Can't divulge much, I delegate my excesses to someone of great expertise ''Karen Lynne Chess'' preferably you can look up the name on the web, her qualifications speak for itself.
curiously inputted Karen Lynne Chess on the web, spotted her consulting page and was able to schedule a call session, no sweat. Ive seen commentaries about advisors but not one looks this phenomenal
Thanks Ken and Danielle! I have 6 rentals all over the place but I know Phoenix/scottsdale have the best cash flow. Learned a lot from this channel at least to make small mistakes. Now out the 9-5 but rent can't cover my living expense yet. Am figuring out other path to add income.
Buy a property. Get an All In One Loan. Do Velocity banking. Payoff the loan. And Seller Finance it. Don’t need a big portfolio either. Keep it simple and less headaches.
I own 17 properties and my goal is to buy 4 more Duplexes then retire from real estate. I hope! lol - it’s so addicting when you start if you do it right. That would put me at 30 doors.
I have three rentals. I worked and built the rentals as a side hussle. And it took me twenty years to build the wealth. I am retired now but will keep adding more rentals. I don’t have to, but I want to see how far I can go. Plus Keeping busy is important.
My last was 2015. There is enough stuff to buy, but the cashflow isn't there now. Lots of "no's". No point in buying just to buy something, it's gotta pencil.
Your videos are great and very educational. I wish your event was in Vegas and not in Texas. Got our first townhome for rental, but we have HOA and limits with rental units. HOA people don't give the answer already for several months if there is a space and if I can make it rental or not. Maybe you know that Management Company Mth Charlston Golf Estate on E. Russel Rd. We never had houses with HOA being that strict on some and loose on other things, like giving a simple answer. For last 8 years run away from HOA houses, but this place is just in great location and very nice layout and more :) Thank you so mush for sharing your knowledge and experience. Look forward to see your event in Vegas if you will have one.
Most Americans find it hard to retire comfortably amid economy downtrend. Some have close to nothing going into retirement, my question is, will you pay off mortgage as a near-retiree, or spread money for cashflow, to afford lifestyle after retirement?
Agreed, the role of advisors can only be overlooked, but not denied. I remember in early 2020, during covid-outbreak, my portfolio worth around 300k took a slight fall, apparently due to the pandemic crash, at once I consulted an advisor in order to avoid panic-selling. As of today, my account has yielded big fat yields, and leverages on 7-figure, only cos I delegate my excesses right.
Ken, I'm wondering why anyone would want to build a massive business like what you have done rather than have 50 or 100 doors and living the life of basically a king. 10,000 units is way over the top in my humble opinion. For me, all I think I need to live the lifestyle I desire is about 10 doors and I'm good to go because all I'd like to do is get a very nice sailboat and sail around the world at least once but probably will end up doing it a few times. I love water sports and that freedom you get when your in the middle of an ocean or anchored in a quiet cove with no one around. I've already have sailed 1/3rd around the world already and miss it but had to go back to work so that I could afford to continue that adventure. It's a serious question and one that I'd really love to know. Thanks in advance. Also, I believe that you can give your loved ones a little help in life but teaching them how to do it is the best gift that you can give them. That said, if you give your loved ones everything like Paris Hilton than they will become a brat and not value anything. They need to experience life on there own with knowledge and action and maybe a little helping hand to walk them through it like what your sharing in these videos. That's why I don't believe in collecting more than I need and value my time more than money. That said, I am working on building my wealth and have three paid for properties that I built myself with my own hands and no hired labor. My girlfriend has three as well that are also paid off. All six are basically 3 bed 2 bath homes in affluent areas. I also stack silver and keep very little in the bank. Real estate and silver are my only two investments.
It’s been my goal. I was able to invest into two rentals. In my market at least, there’s nothing cash flowing. Unless I get an off market deal somehow.
Real estate is appealing because it feels like something tangible, you know? But the timelines can be tight, especially if you’re trying to retire in less than a decade. It’s all about making the right moves early on.
just sold a property in Portland and I'm thinking to put the cash in stocks, I know everyone is saying it’s ripe enough, but Is this a good time to buy stocks? How long until a full recovery? How are other people in the same market raking in over $200k gains within months, I'm really just confused at this point.
Absolutely true. I started investing before the pandemic, knowing nothing about investment at all, and I made around a half a million dollar profit that year. Actually, all I was doing was seeking expert counsel.
How can I participate in this? I sincerely aspire to establish a secure financial future and I’m eager to participate. Who is the driving force behind your success?
Thanks for the video. I joined a group for first time home buyers, but I still need help when it comes to the best places to purchase a home and also when to sell. Please I'll appreciate any help that comes my way.
It would be interesting to understand the expenses involved in owning property. I have to imagine expenses for appliance repairs/replacements, cutting grass, damages, etc, have to be taken into account when making cash flow projections.
I kinda wish Dannelle & Ken would've spoke about a cashflow target to make a deal. 10% ROI? That's my number and I haven't seen anything in almost a decade that'll throw that much off. At least not in my Phoenix/Tacoma markets. I can find them in Dickinson ND, or Mountain Home ID but that's too far!
I lost over $70k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Kimberly Doran.
Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.
Buying a stock is easy, but buying the right stock without a time-tested strategy is incredibly hard. Hence what are the best stocks to buy now or put on a watchlist? I've been trying to grow my portfolio of $560K for sometime now, my major challenge is not knowing the best entry and exit strategie;s ... I would greatly appreciate any suggestions.
I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Brooke Miller.
She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states
I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills
You still need to be financialy strong when you buy the first one. Then % of bad renter on the higher number of renter you have should keep you safe. And equity created grow as plan B.
When you are needing new mortgage for the new properties in such a short time, how would you salary support that? When getting properties in such a short time, that means your salary needs to be quadrupled in very short time
@@abacanabanana thanks for the info! it is so limited here in Canada, you cannot totally use the rent for the mortgage, there is a percentage, as a result, you would still need to bump up your salary drastically. It seems that it’s much easier for the middle class to become a landlord for multiple properties in the States as long as you have a stable income. I need to do more homework.
@@alanwelson7705 Yeah most people use the BRRR strategy. Buy a property, renovate, rent it out, and refinance it and use the money for another down payment. The barrier for entry for most people is affording the 20% downpayment for a rental. But there are a number of workarounds.
There is no financial freedom. Money is always the issue no matter how much you make. Some people need 10k per month for a family of 4, and some others need 1M per month to pay their employees and feed 100 families. It’s always about the challenge of staying profitable and keep growing and evolving. Time and Energy is always the puzzle we have to solve but we call it in many different ways. The principles that affect the poor are the same principles that affect the rich. The principles affecting small companies are the same principles affecting large corporations. Leveraging and escalating are nothing more than exchanging value. What is good for everyone translates into probability
Was recommended to this channel by a friend. The yoga pose and booty shorts put me off. Consider your professional image when making these videos, unless you're planning a side-hustle on OF. Take care.
Tim Walz, my governor, has NEVER owned a home and wants to run the nation. Bad idea. Trump, real estate billionaire, knows what he is doing. I say go with experience. Dump Dems.
If you find this video valuable, please consider sharing it with someone who could benefit from it.
Your support helps our channel grow and motivates Ken to keep making videos like these. Thank you
Just started listening. Loving your content. Just finished reading the ABCs of Investing. Plan on buying a duplex by next summer.
As an investor & real estate broker, this advice is 100 % accurate. Don't use an agent who doesn't even own their own home. Find one who has owned rentals before.
Recently retired and unsure if my 401(k) and IRA will provide a stable future. i need an approach that will align with my risk tolerance and financial goals, i set aside $1m to achieve this. Do you suggest i get into stocks or buy a rental property?
Look up dividend aristocrats. Pick six to ten from that list. Those companies have a track record of 25+ years of paying dividends. Also, it’s advisable you work with a financial advisor to help set up a well-structured portfolio.
I agree. Based on personal experience working with a financįal advisor, I currently have $2 million in a well-diversified portfolio that has experienced exponential growth from when i started. It's not only about having money to invest in, but you also need to be knowledgeable, persistent, and have strong hands to back it up.
this is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
I work with Annette Marie Holt as my fiduciary advisor. Simply look up the name. You would discover the information you needed to schedule an appointment.
Thanks for the advice. The search for your coach was simple. I investigated her well before using her services. Considering her résumé, she appears competent.
8 years in... 9 doors, ive fully replaced my income... but thennn we increased our lifestyle, fancy house etc and now i cant leave the 9 to 5. DONT BE LIKE ME.
It took me 8 years become financially independent. I only have 3 properties, and may add 1 more. I didn't just buy real estate though. I was also house hacking and putting money in index funds. Some dumb luck came along too, and I left my job last year. Probably going to live overseas and travel while I'm still young.
Congrats 🍾 House hacking is so underrated, it’s how I started myself. People think they’re too good for it and write it off. If you do it right it’s no hassle and easy money.
What's your age.
Congrats, guess you deserve it.
👍 to 20s
That's awesome can you give a brief on your experience and tips for somebody like me in their first Duplex investment looking to do something similar? ;D
@TXetc totally agree with you, it's not bad at all, there's a lot of bad people out there ... sure, but there are far more good people out there I believe.
Becoming a millionaire through a Roth IRA or a 401(k) involves different strategies for maximizing profits. A Roth IRA offers tax-free withdrawals in retirement, which can be advantageous if you expect to be in a higher tax bracket later in life. On the other hand, a 401(k) provides tax-deferred growth and potential employer contributions, boosting your savings. The optimal choice depends on factors like your current and future tax situation, employer match, and investment options. Consulting a financial advisor can help tailor a strategy that aligns with your financial goals and circumstances.
Prioritizing effective personal finance management holds greater significance than the sheer amount saved, irrespective of income source. Consulting a certified financial advisor can offer tailored strategies to optimize financial results by reducing expenses and enhancing income, regardless of whether it's earned through employment or investments.
I wholeheartedly concur. At 40+ years old and newly retired, my external retirement funds total around One million two hundred fifty thousand dollars.. With no debt and minimal retirement fund allocation relative to my portfolio's value over the last three years, I recognize the importance of a financial advisor. Neglecting them isn't an option; however, thorough research is vital to find a trustworthy fiduciary advisor.
impressive how do i get hold of one
REBECCA NASSAR DUNNE is her name. She is regarded as a genius in her area and works for Equity Services inc. She’s quite known in her field, look-her up.
I’m a lender, hotelier, RE investor, and USMC veteran and run a national mortgage team. Ken’s channel is one of my favorites by far. If I can help anyone in the comments please let me know. Always happy to help.
How can I get a property for 0 down payment?
@@FergBent2.4 the two main avenues for a true $0 down are the VA (military service members and veterans) and USDA (rural) loans.
I had 10 rentals. Talking to other investors braging about making $300 to 400 a month. No budget for ac units, roofs, appliances, repairs etc. The only way they made it work was appreciation. Luck. Now cashflow is hard to find
Nah
I am 26 years old, lost my dad about half a year ago and I am going to receive some money soon. Would it be smart to grow my money in stocks for a few years while I am in college and then invest in rental properties afterwards, or should I go for real estate investing first?
I would advise the counsel of a seasoned financial pro. It may seem expensive, but as the old saying goes - "you get what you pay for" "Expert solutions require Expert providers" - my mantra
Agreed, I'm in line with having an advisor oversee my day-to-day investing cos, my job doesn't permit me the time to analyze stocks myself. Thankfully, my portfolio has 5X in barely 5 years, summing up nearly $1m as of today.
@@Charlesman_T this is huge! mind revealing info of your advisor here please? in dire need of proper asset allocation
Can't divulge much, I delegate my excesses to someone of great expertise ''Karen Lynne Chess'' preferably you can look up the name on the web, her qualifications speak for itself.
curiously inputted Karen Lynne Chess on the web, spotted her consulting page and was able to schedule a call session, no sweat. Ive seen commentaries about advisors but not one looks this phenomenal
Thanks Ken and Danielle! I have 6 rentals all over the place but I know Phoenix/scottsdale have the best cash flow. Learned a lot from this channel at least to make small mistakes. Now out the 9-5 but rent can't cover my living expense yet. Am figuring out other path to add income.
Buy a property. Get an All In One Loan. Do Velocity banking. Payoff the loan. And Seller Finance it. Don’t need a big portfolio either. Keep it simple and less headaches.
I did not understand it . Could you please explain
@@athomewithghousia5765look up velocity banking.
Seller financing is a good exit. I like this idea
I own 17 properties and my goal is to buy 4 more Duplexes then retire from real estate. I hope! lol - it’s so addicting when you start if you do it right. That would put me at 30 doors.
Thank You Danille & Ken 😊
Great job Danielle!!!
I have three rentals.
I worked and built the rentals as a side hussle. And it took me twenty years to build the wealth.
I am retired now but will keep adding more rentals. I don’t have to, but I want to see how far I can go. Plus Keeping busy is important.
My last was 2015. There is enough stuff to buy, but the cashflow isn't there now. Lots of "no's". No point in buying just to buy something, it's gotta pencil.
@@xpicklepie I agree. I am picky about where I buy. Now I am on the sideline
Everything that was said is true. It seems like she is trying to do her own thing outside of Ken’s biz. Great vid.
Took us 6 years! great video Ken.
That’s great time, better than 40+ years at a job.
@@TXetc Sure is!
Your videos are great and very educational. I wish your event was in Vegas and not in Texas. Got our first townhome for rental, but we have HOA and limits with rental units. HOA people don't give the answer already for several months if there is a space and if I can make it rental or not. Maybe you know that Management Company Mth Charlston Golf Estate on E. Russel Rd. We never had houses with HOA being that strict on some and loose on other things, like giving a simple answer. For last 8 years run away from HOA houses, but this place is just in great location and very nice layout and more :) Thank you so mush for sharing your knowledge and experience. Look forward to see your event in Vegas if you will have one.
Most Americans find it hard to retire comfortably amid economy downtrend. Some have close to nothing going into retirement, my question is, will you pay off mortgage as a near-retiree, or spread money for cashflow, to afford lifestyle after retirement?
as most investing-related questions, the answer is, it depends.. my best suggestion is to consider advisory management
Agreed, the role of advisors can only be overlooked, but not denied. I remember in early 2020, during covid-outbreak, my portfolio worth around 300k took a slight fall, apparently due to the pandemic crash, at once I consulted an advisor in order to avoid panic-selling. As of today, my account has yielded big fat yields, and leverages on 7-figure, only cos I delegate my excesses right.
I’ve actually been looking into advisors lately, the news I’ve been seeing in the market hasn’t been so encouraging. who’s the person guiding you?
Her name is Annette Christine Conte can't divulge much. Most likely, the internet should have her basic info, you can research if you like
Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.
Ken, I'm wondering why anyone would want to build a massive business like what you have done rather than have 50 or 100 doors and living the life of basically a king. 10,000 units is way over the top in my humble opinion. For me, all I think I need to live the lifestyle I desire is about 10 doors and I'm good to go because all I'd like to do is get a very nice sailboat and sail around the world at least once but probably will end up doing it a few times. I love water sports and that freedom you get when your in the middle of an ocean or anchored in a quiet cove with no one around. I've already have sailed 1/3rd around the world already and miss it but had to go back to work so that I could afford to continue that adventure. It's a serious question and one that I'd really love to know. Thanks in advance. Also, I believe that you can give your loved ones a little help in life but teaching them how to do it is the best gift that you can give them. That said, if you give your loved ones everything like Paris Hilton than they will become a brat and not value anything. They need to experience life on there own with knowledge and action and maybe a little helping hand to walk them through it like what your sharing in these videos. That's why I don't believe in collecting more than I need and value my time more than money. That said, I am working on building my wealth and have three paid for properties that I built myself with my own hands and no hired labor. My girlfriend has three as well that are also paid off. All six are basically 3 bed 2 bath homes in affluent areas. I also stack silver and keep very little in the bank. Real estate and silver are my only two investments.
Some people just want to be the biggest and best
Thank you
It’s been my goal. I was able to invest into two rentals. In my market at least, there’s nothing cash flowing. Unless I get an off market deal somehow.
Nice to hear you are supporting the Kennedy Shannihan campaign.
Great job Ken.
Thanks!
Real estate is appealing because it feels like something tangible, you know? But the timelines can be tight, especially if you’re trying to retire in less than a decade. It’s all about making the right moves early on.
Very useful information.
just sold a property in Portland and I'm thinking to put the cash in stocks, I know everyone is saying it’s ripe enough, but Is this a good time to buy stocks? How long until a full recovery? How are other people in the same market raking in over $200k gains within months, I'm really just confused at this point.
such strategies are mostly successfully executed by folks with in depth market knowledge
Absolutely true. I started investing before the pandemic, knowing nothing about investment at all, and I made around a half a million dollar profit that year. Actually, all I was doing was seeking expert counsel.
How can I participate in this? I sincerely aspire to establish a secure financial future and I’m eager to participate. Who is the driving force behind your success?
i work with Dianne Sarah Olson and we have been working together for nearly four years, and she is excellent.
Thank you for this tip. it was easy to find your coach. Did my due diligence on her name.
Thanks for the video. I joined a group for first time home buyers, but I still need help when it comes to the best places to purchase a home and also when to sell. Please I'll appreciate any help that comes my way.
It would be interesting to understand the expenses involved in owning property. I have to imagine expenses for appliance repairs/replacements, cutting grass, damages, etc, have to be taken into account when making cash flow projections.
I kinda wish Dannelle & Ken would've spoke about a cashflow target to make a deal. 10% ROI? That's my number and I haven't seen anything in almost a decade that'll throw that much off. At least not in my Phoenix/Tacoma markets. I can find them in Dickinson ND, or Mountain Home ID but that's too far!
Why is it “too far”? I live on the west coast and invest in the east coast for better cash flow and it works out just fine.
@@poonekar I'd rather not be an absentee LL in a market I know nothing about.
@@xpicklepie I see. Good luck
Are you purchasing turnkey properties? I'm looking for one and I can't get any to cash flow at all. It's very frustrating.
I lost over $70k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Kimberly Doran.
Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.
The very first time we tried, we invested $2000 and after a week, we received $9500. That really helped us a lot to pay up our bills.
You trade with Kimberly Doran too? Wow that woman has been a blessing to me and my family.
I'm new at this, please how can I reach her?
I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much.
good talk ! full of good info
Buying a stock is easy, but buying the right stock without a time-tested strategy is incredibly hard. Hence what are the best stocks to buy now or put on a watchlist? I've been trying to grow my portfolio of $560K for sometime now, my major challenge is not knowing the best entry and exit strategie;s ... I would greatly appreciate any suggestions.
Just buy QQQ, we’re in a time of major short-term technological advancement. The companies that are leading this advancement are all in there.
I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Brooke Miller.
She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states
The very first time we tried, we invested $1000 and after a week, we received $5500. That really helped us a lot to pay up our bills.
I'm surprised that you just mentioned and recommended Brooke Miller, I met her at a conference in 2018 and we have been working together ever since.
I'm new at this, please how can I reach her?
I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills
Thank You !
New CA laws on ADUs makes this way easy. Research SB9 and AB1033.
Danielle looks sick 😢☹️ is she ok?
How much does the property needs to cash flow for you to considered?
How do I pay investors back or how do I calculate the roi to pay them per month
1 non-paying tenant could destroy all your rental investments
Nah. The online screening services go pretty deep. LL's rarely get bit unless they ignore the report that they buy.
You still need to be financialy strong when you buy the first one. Then % of bad renter on the higher number of renter you have should keep you safe. And equity created grow as plan B.
Just add that to the calculation.
5% vacancy and 5% eviction rate is what I calculate.
So 10% added to expenses
Nah 😂😂😂😂 you have no idea what your talking about
When you are needing new mortgage for the new properties in such a short time, how would you salary support that? When getting properties in such a short time, that means your salary needs to be quadrupled in very short time
I haven’t watched the video yet, but there are non traditional loan methods that may be used. DSCR for example that is based on rental income
@@abacanabanana thanks for the info! it is so limited here in Canada, you cannot totally use the rent for the mortgage, there is a percentage, as a result, you would still need to bump up your salary drastically. It seems that it’s much easier for the middle class to become a landlord for multiple properties in the States as long as you have a stable income. I need to do more homework.
@@alanwelson7705 Yeah most people use the BRRR strategy. Buy a property, renovate, rent it out, and refinance it and use the money for another down payment. The barrier for entry for most people is affording the 20% downpayment for a rental. But there are a number of workarounds.
How do you run the numbers?
Great info
1 is fine multi family
These people sit very differently
Hahahahahaha
Trying to determine where the tight shorts and legs wide open fits into all this?🤔
How are people making property cash flow these days. Every time I run the numbers it’s a loss….
Shout from out 🇯🇲
Buddhist monk. I need zero per month. I am already retired. Billionaire. I need all the rentals, dying on the job, never enough. Middle path?
There is no financial freedom. Money is always the issue no matter how much you make. Some people need 10k per month for a family of 4, and some others need 1M per month to pay their employees and feed 100 families. It’s always about the challenge of staying profitable and keep growing and evolving. Time and Energy is always the puzzle we have to solve but we call it in many different ways. The principles that affect the poor are the same principles that affect the rich. The principles affecting small companies are the same principles affecting large corporations. Leveraging and escalating are nothing more than exchanging value. What is good for everyone translates into probability
RFK? Blech!!!
Danielle's steps to success:
1) marry billionaire 2) buy multiple properties.
People get married for all kinds of reasons. Don’t get jealous because a billionaire doesn’t want you lmfao hahaha
You forgot step 1.5):
Asking the billionaire for downpayment to buy multiple properties.
You pressed huh😂
@@MomandBuggs not pressed, she's just making it sound easier than it is by skipping some of the details that got her sittin' on that couch
thanks for sharing your experience Ken . Your the 🐐
Rfk jr campaign isnt going anywhere, as much as Id want to go to the event Id basically be throwing the money away if it went to his campaign.
If he is so rich why is he selling tickets?
Why would it be free?
@@Breathless00700 is it worth the time of a guy who is making so much money?
If you're good at something, never do it for free
What unsuccessfully people seem to question…
NYC UFT teachers health time off for colon surgery
getting married should be part of the criteria because the tax code is built to help married couples
If you’re a girl, yes. If you’re a guy the numbers are against you, just date or don’t get the government involved.
I cant believe Ken is involved with RFKJr. 🤦♂️
Φυσικά και τους άλλους δεν σκέφτεστε,οταν έχετε τέτοιες τημες τί περιμένετε 😂
Is that your wife
Are you guys a couple?
He's her sugar daddy 🍬
Married
Ken's doing most of the work in the business. All the best to him since his previous marriages didn't work out.
Realtor is pronounced Real-tor not Re-la-ter
Who
Gi-
ves
A F
Was recommended to this channel by a friend. The yoga pose and booty shorts put me off. Consider your professional image when making these videos, unless you're planning a side-hustle on OF. Take care.
maybe some good advice, can't take the video serious with her sitting like that!
Take the message and forget everything else. Very unnecessary criticism
Get a life mate
trump 2024!!!!
Tim Walz, my governor, has NEVER owned a home and wants to run the nation. Bad idea. Trump, real estate billionaire, knows what he is doing. I say go with experience. Dump Dems.
Trump the guy filed for bankruptcy multiple times LOL
Cash flowing real estate hasn’t existed for like 10 years
Hmm, ever considered vacation rentals?
$1BJacob go show some ❤
Thanks 👍