This was a very good video, substitive, fundamentally presented but very valuable content for a beginner like myself. One of my favorite bigger Pocket videos!!
For the 70% rule, you said if it’s worth 100K but needs 20K in repairs… my question is, is it worth 100K before or after the 20K in repairs. Like do you need to do the repairs before it’s worth that amount or will it be worth let’s say 130K after the repairs? Second question is, the property price and appraisal are much different. So if you aren’t a professional appraisal for a living, how do you know that property prices at 100K is worth 100K? What if it’s really only worth 80K and the person is over charging for the current condition it’s in?
How is the all in cost 50k plus 20k =70k? I thought the 20k was part of the 50k. 100,000 property at a 30% discount is 30,000 plus rehab 20k = 50k. Where did the other 20k come from to = 70k?
Kinda lost me on the last part. Isnt 1% of 70k all in $700, and if the rent for the property is 1,000 we should still be profitable? Thank you for the great content. Sorry I’m just trying to understand. Thanks Henry
This man’s spirit. He could tell me anything and I’ll be into it. Made this content SO UNDERSTANDABLE.
Thank You so much!
Well damn
This is such a great video Henry! You're such a great addition to the show. I always enjoy what you bring to the channel & learn so much each time.
Thank you! That means a lot to hear!
More from Henry please. Love the 15 min video
Thank you! There’s more coming!
I love listening to Henry! He’s clear, concise and super informative! Great advice thanks!
So happy for you Henry !!!
Thanks Henry, love your calm spirit, well explained! Keep it up
Thank You 🙏🏾
Thank you for that! I love how you broke it down!
Great episode! As expected, Henry shared some incredible information..
Thank you!!!!!
Ayyyeeee!!! Keep up the good work👌🏽👍🏽
Those rules of thumb were exactly what I needed today!
💪🏾💪🏾
Great tip searching for sold deals to see how the area is doing amd what properties are selling for! Thank you!
Happy to help!
Thank you so much Henry! These are such great tips especially for an aspiring investor like myself who doesn't know where to start.
Thank you! I’m glad you got good value from the video!
Thanks for the video Henry
Awesome info and a short video too, winning!
Thank you
Will consider this as a good strategy, real estate is a good investment.
This was a very good video, substitive, fundamentally presented but very valuable content for a beginner like myself. One of my favorite bigger Pocket videos!!
Thank You! I’m so glad it’s valuable for you!
Thank you Henry i love your information your are amazing, keep up the great work
Thank you!!! That means a lot!
Love you man! Thank you
awesome video, very informative!
🙌🏾
Great episode !
Thank you. Very helpful
Dude your voice was carved for radio
Thank you! 🙏🏾
For the 70% rule, you said if it’s worth 100K but needs 20K in repairs… my question is, is it worth 100K before or after the 20K in repairs. Like do you need to do the repairs before it’s worth that amount or will it be worth let’s say 130K after the repairs? Second question is, the property price and appraisal are much different. So if you aren’t a professional appraisal for a living, how do you know that property prices at 100K is worth 100K? What if it’s really only worth 80K and the person is over charging for the current condition it’s in?
My man!!!
TJ!!!!! Whats good brother!
Y’all had the funniest interview.... lol
I have a lot to learn
How is the all in cost 50k plus 20k =70k? I thought the 20k was part of the 50k. 100,000 property at a 30% discount is 30,000 plus rehab 20k = 50k. Where did the other 20k come from to = 70k?
Isnt it that 100k minus 30% discount is 70k? The 50k came from 70k minus rehab cost 20k=50k.
👌🏻
Kinda lost me on the last part. Isnt 1% of 70k all in $700, and if the rent for the property is 1,000 we should still be profitable? Thank you for the great content. Sorry I’m just trying to understand. Thanks Henry
Thats what I was just thinking! lol
Pretty generic. No how’s and I’m 5 min in.