As a realtor with 30+ years experience, I would of loved to of had this information when I started in the real estate industry. Ryan, keep up the good work and sharing of the information and experiences that you have worked hard to obtain. THE KNOWLEDGE FROM RESEARCH OF WHAT YOU WANT TO BE GREAT AT AND DOING YOUR HOMEWORK IS POWER, ADD TO IT DESIRE, COMMITMENT AND YOUR WORK ETHIC CREATES SUCCESS! RYAN IS AN EXAMPLE OF THIS. HE CAN HELP YOU.
Actually a lot of guys are giving away the secrets. Like a ton. There’s tens of thousands of new flippers/wholesalers hittin the streets hungrily every single month. Make hay while the sun... oh wait are you the wife? Sorry nvm
Have really been working on my credit and financial picture so that I could apply for my first fix and flip loan. Each day I get closer. Woke up this morning feeling good! Found your other vid at like 6am this morning where you revisited your first flip. I got WAAAY more than inspired! Starting looking on the MLS and literally found a STEAL! very competitive but all in all I’m putting in my FIRST EVER offer tonight!!! You’re the best ❤️❤️❤️❤️❤️❤️
I started stacking to SAVE wealth. I've always been the type of person to spend my entire paycheck. I hate having money just sit in the bank. I am under pressure to grow my reserve of $950k. before I turn 60, I would appreciate any advice on potential investments.
I can feel your pains. New guys need to realize the risks that come with all of this. You could lose it all and you could win it all. It goes both ways. Second, what works for A may not necessarily work for B and you should not be a bandwagon investor. A good number of folks are raking in huge 6 figure gains in this downtrend, but such strategies are mostly successfully executed by folks with in depth market knowledge.
@@devereauxjnr Factos!! Since the market became extremely volatile and pressure increased (I should be retiring in 17 months), I took the decision to work closely with a financial advisor. It has already been 9 months and counting, and I have made approximately 600K net from all of my holdings.
@@viewfromthehighchairr That's impressive, my portfolio have been tanking all year, tried learning new strategies to gain in the current market but all of that flew right over head, please would you mind recommending the Adviser you're using.
@@billclinton-f8n My advisor is the quite famous NICOLE DESIREE SIMON She has been making a fortune online worth millions of dollars in digital assets for a select few for years. Lately, these types of services have appeared that allow you to copy the results of the experts. She demonstrates how to copy it automatically using that system.
God bless your soul, Im young and not very good a school so this is a godsend. I got tired of watching those grant cardone videos where he talks for 30 mins but doesn’t say anything. Thanks you man!
Great video for those who have absolutely no background with flipping houses. The golden nugget I took away was to keep in mind the absorption rate for the markets I target because I know things change and I need to be aware of the changes
The best thing that you can do is pull all your best information online, so you build a community, the same thing I'm trying to do in my channel, I try to put all my knowledge there to help people.
First video I’ve seen when someone gives out full details and explanation . Thank you !!! im so looking forward for the next videos . I follow you on tik tok also and new subscriber on YT 😁
Great vid. One thing I think you should have mentioned though: flipping a house will incur capital gains tax after the fact which eats your profit too.
Very good content! The books I read so far on flipping homes pretty much talked about the same exact thing you just talked about in this free video. Much appreciated and keep up the good content!
Wow! God Bless you more! For giving out this info for free for bigginners like me. You are a Great teacher, so intelligible! I'm a non English speaker but understood your conversation very well. Thanks a lot!
i just sold my house, I'm in the process of closing. I did a complete gut job 5 years ago, now I'm putting 150k in my pocket. it just hit me that i loved to remodel houses and I'm really interested in flipping. A lot of people around me are saying its too hard or too difficult to find a house. With your videos I'm getting great pointers and starting points. if there is anything else you can give me for help whether in video or here i appreciate it!
Great video...i really appreciate the info. I ve procrastinated for years on flipping houses. I know its not easy, but hard work pays off. Am in the position...where my property has over a 100k in equity . Now I have to pull the trigger...thx..👍
Ryan, thanks for another great video. I bought your video at the start of this year and I am in the process of creating my LLC and getting my ducks in a row to break into the world of flipping. Really appreciate all the great content!
One of the best intro vids I have seen. We are starting to look at doing this up in the Bay Area (both of us realtors), one of us former cpa...decided it was time to create more wealth so we can retire early. :) new subscriber for sure
WOW! This video was so helpful. I’ve been learning about real estate off and on for a few years, and this year have gotten serious. This is info no one else is teaching. Great value here, thanks Ryan ✅
Ryan thanks for these secrets man you don’t understand how valuable this information is!! I really want to get into real estate and every time i watch your videos you motivate me to do that
I agree with you about evaluating a deal being the hardest part. Your formula is way better than the HG TB formula but ALSO, I like to take my rehab estimates and add 30% because it's always more expensive than I thought it would be. At least that's my experience. Great Video
Short term capital gains will most likely also be a factor, it might be a few hundred bucks if you make $10,000 or less in profit but if you're talking about $50,000+ in profit you might want to rent it for one year at least so it becomes long term capital gain. It's what I do, negotiate a wedge deal, repair it, put it up for 1 year lease, the tenants will tell me any repairs or problems the home has, best part is that houses appreciate and since it was a rental I can deduct every single penny even if a repair was done to the house I live in.
Great outline of the flipping process. Would love to see a video about what skills you need to be a good flipper. How can someone new to the business learn what they need to know about construction to be able to work better with contractors?
appreciate it - but as a beginner it’s all very confusing still - if you can make a video walking through the easiest ways to get started and what the most recommended path to getting started is that’d be great - i have a little money to get started but it all seems pretty risky - so going through the risks/rewards would be appreciated.
Great content! Stumbled upon your channel and I have been locked in every week ever since. Informative, insightful and inspiring. Loving it. Congratulations on your new baby! 🎊
Great video Ryan! Loved the format you use and all the details you provide! Subscribed and ready to follow your journey as I get started with mine. Thanks
Awesome video man. I really appreciate the pointers and look forward to seeing more videos on this topic. Just decided a few weeks ago I would like to get into this business myself as my dad has been doing it for the last 10 years(albeit slowly and lacking efficiency) but it has kept him afloat. Im unfortunately a 25 year old college student who's only recently decided to get serious and finally start saving instead of blowing all my money lol. So itll be a few months before I can save up for a down payment and/or repair my credit from the horrors of an irresponsible young adults financial decisions. Regardless though this has been the main line of work/investing I have wanted to get myself into after seeing the possibilities through my dad and now various others like yourself on youtube who have been able to streamline the process and really quickly and efficiently flip houses. I also saw your couch flipping video which I most definitely will be dabbling in to hopefully speed up the process of getting that first down payment ready and launching what I know will be a lucrative career.
Hey Ryan can you do a video on how to file taxes when you flip houses without paying high taxes on short term capital gains. I was researching registering my business as an llc or an S Corp. I was reaseaching also you can use your rental properties as write offs also. This is a field that I am really passionate about, I enjoy all of your videos
Fantastic vid as always! I feel I’ve watched almost all your vids by now and I’m always learning so thank you 🙏🏼Recently saw your vid about your first flip property and in this vid you mentioned you had 10k to start so Quick question: what was the cost of the first property and how did you finance its purchase and rehab? Thanks for all the inspiration, you’re truly empowering 🙌🏼
![Seungmin "그렇게, 천천히, 우리(As we are)" | [Stray Kids : SKZ-PLAYER]](http://i.ytimg.com/vi/kAzmhLHePqU/mqdefault.jpg)
As a realtor with 30+ years experience, I would of loved to of had this information when I started in the real estate industry. Ryan, keep up the good work and sharing of the information and experiences that you have worked hard to obtain. THE KNOWLEDGE FROM RESEARCH OF WHAT YOU WANT TO BE GREAT AT AND DOING YOUR HOMEWORK IS POWER, ADD TO IT DESIRE, COMMITMENT AND YOUR WORK ETHIC CREATES SUCCESS! RYAN IS AN EXAMPLE OF THIS. HE CAN HELP YOU.
First person RUclipsr on Flipping Houses I actually believe.
Subscribed all the way from South Africa 😎👍🏻
Someone is giving away all the flipping secrets!
Shhhhh
Actually a lot of guys are giving away the secrets. Like a ton. There’s tens of thousands of new flippers/wholesalers hittin the streets hungrily every single month. Make hay while the sun... oh wait are you the wife? Sorry nvm
@@fibsniper786 it’s called commenting for the algorithm, which you’ve also done to help us make more money so thank you!!!! 🥰❤️
@@MindySuePineda smarttt
@@MindySuePineda good peeps should make money Ryans video is the most honest upfront
Have really been working on my credit and financial picture so that I could apply for my first fix and flip loan. Each day I get closer. Woke up this morning feeling good! Found your other vid at like 6am this morning where you revisited your first flip. I got WAAAY more than inspired! Starting looking on the MLS and literally found a STEAL! very competitive but all in all I’m putting in my FIRST EVER offer tonight!!! You’re the best ❤️❤️❤️❤️❤️❤️
I started stacking to SAVE wealth. I've always been the type of person to spend my entire paycheck. I hate having money just sit in the bank. I am under pressure to grow my reserve of $950k. before I turn 60, I would appreciate any advice on potential investments.
I can feel your pains. New guys need to realize the risks that come with all of this. You could lose it all and you could win it all. It goes both ways. Second, what works for A may not necessarily work for B and you should not be a bandwagon investor. A good number of folks are raking in huge 6 figure gains in this downtrend, but such strategies are mostly successfully executed by folks with in depth market knowledge.
@@devereauxjnr Factos!! Since the market became extremely volatile and pressure increased (I should be retiring in 17 months), I took the decision to work closely with a financial advisor. It has already been 9 months and counting, and I have made approximately 600K net from all of my holdings.
@@viewfromthehighchairr That's impressive, my portfolio have been tanking all year, tried learning new strategies to gain in the current market but all of that flew right over head, please would you mind recommending the Adviser you're using.
@@billclinton-f8n My advisor is the quite famous NICOLE DESIREE SIMON She has been making a fortune online worth millions of dollars in digital assets for a select few for years. Lately, these types of services have appeared that allow you to copy the results of the experts. She demonstrates how to copy it automatically using that system.
@@viewfromthehighchairr Thanks for the info, i found her website and sent a message hopefully she replies soon.
God bless your soul, Im young and not very good a school so this is a godsend. I got tired of watching those grant cardone videos where he talks for 30 mins but doesn’t say anything. Thanks you man!
lol can you elaborate on what you mean by 'he talks but doesnt say anything'
@@allan001 he doesn’t actually explain how to get started and what to do. All he does is talk about how big his numbers are.
Yeah you should probably know by know that grant Cardone is a boozoo
It's fascinating to see how different design choices can completely transform a space. Well done!
Great video for those who have absolutely no background with flipping houses. The golden nugget I took away was to keep in mind the absorption rate for the markets I target because I know things change and I need to be aware of the changes
Man you really knows how to explain really clear and easy to follow! Keep up it up! Love you videos ❤️
I'm starting to realize Realty is the way to go. Thanks for the vids, learning so much already.
Don't forget it's not for everyone and it's not the only way to make a killing as Jeff and Bill has shown
Oh damn, you played ball? RUclips showed me your couch flipping video a couple days ago and now this vid. Good stuff.
Thank you for your video
I'm trying to get into the biz
Shortly and you inspire me to go for it! TY Ryan.
i ended at this place the same way
Man I love the detail that you go into. A lot of gurus will try and sell this type of information. I appreciate it! Subbed by the way!
The best thing that you can do is pull all your best information online, so you build a community, the same thing I'm trying to do in my channel, I try to put all my knowledge there to help people.
First video I’ve seen when someone gives out full details and explanation . Thank you !!! im so looking forward for the next videos . I follow you on tik tok also and new subscriber on YT 😁
Berenice G try kris krohn he’s good at this too especially his videos from two years ago
I like this guy. Transparent, breaks it down simply. To the point 👏
Thanks man!
Great vid. One thing I think you should have mentioned though: flipping a house will incur capital gains tax after the fact which eats your profit too.
Unless you buy another property within 3-6 months. Then its a transfer of equity
Not legal or tax advice... Just my personal understanding thus far of capital gains
Very good content! The books I read so far on flipping homes pretty much talked about the same exact thing you just talked about in this free video. Much appreciated and keep up the good content!
This video completely opened up my mind. Will be hearing about me real soon
Wow! God Bless you more! For giving out this info for free for bigginners like me. You are a Great teacher, so intelligible! I'm a non English speaker but understood your conversation very well. Thanks a lot!
I feel as though I’ve learned so much from this video! I took notes and look forward to starting my journey through realestate! Thank you!
i just sold my house, I'm in the process of closing. I did a complete gut job 5 years ago, now I'm putting 150k in my pocket. it just hit me that i loved to remodel houses and I'm really interested in flipping. A lot of people around me are saying its too hard or too difficult to find a house. With your videos I'm getting great pointers and starting points. if there is anything else you can give me for help whether in video or here i appreciate it!
Just found you channel today....i love you bro the knowledge you spit is worth millions!
Great video...i really appreciate the info. I ve procrastinated for years on flipping houses. I know its not easy, but hard work pays off. Am in the position...where my property has over a 100k in equity . Now I have to pull the trigger...thx..👍
One of the best real estate videos I've ever watched! Perfect.
Great info bro👍👍 alot of people on youtube like to run scams but your info actually is legit… ty
Unreal value. Please keep making more content!
Yes!
Big THANKs for this video!! Just starting out, all the little tips are priceless!!
Glad it was helpful!
BLESS YOU RYAN!
Definitely will start once lumber price goes back to normal..awesome video bro..learned more then I expected..
Ryan, thanks for another great video. I bought your video at the start of this year and I am in the process of creating my LLC and getting my ducks in a row to break into the world of flipping. Really appreciate all the great content!
Hello, I enjoyed your teaching.
Thanks.
Excellent video, Ryan. Great info, insights and tips. And great presence and presentation style - appreciate everything you do.
One of the best intro vids I have seen. We are starting to look at doing this up in the Bay Area (both of us realtors), one of us former cpa...decided it was time to create more wealth so we can retire early. :) new subscriber for sure
WOW! This video was so helpful. I’ve been learning about real estate off and on for a few years, and this year have gotten serious. This is info no one else is teaching. Great value here, thanks Ryan ✅
Ryan thanks for these secrets man you don’t understand how valuable this information is!! I really want to get into real estate and every time i watch your videos you motivate me to do that
Woah just wanna say Thank you Ryan this video really inspired me to get into Real estate...very detailed, just love it
The hair is such a thing of beauty I can't focus on anything he's saying I am just starting at it in awww😂
I agree with you about evaluating a deal being the hardest part. Your formula is way better than the HG TB formula but ALSO, I like to take my rehab estimates and add 30% because it's always more expensive than I thought it would be. At least that's my experience. Great Video
You are the man, thank you for walking us through.
Definitely wish I would have found your RUclips before I bought the book. It’s all free on your RUclips. Great stuff though I enjoy
Thank you Ryan for being so informative!!
Awesome flipping suggestions. Thankyou..
Thanks for another great vid, me and my gf really enjoy your content and are encouraged to start real estate as well asap
Short term capital gains will most likely also be a factor, it might be a few hundred bucks if you make $10,000 or less in profit but if you're talking about $50,000+ in profit you might want to rent it for one year at least so it becomes long term capital gain. It's what I do, negotiate a wedge deal, repair it, put it up for 1 year lease, the tenants will tell me any repairs or problems the home has, best part is that houses appreciate and since it was a rental I can deduct every single penny even if a repair was done to the house I live in.
Great energy! Your tips are concise and thoughtful. Editing was super entertaining.
I love this! I recently got your books and I've been on learning mode ever since. Thank you so much!!
Loved the stuff on how to choose your market. I was struggling with that and no one ever goes over those metrics in specifics. Sub!
Love these videos! Your advice has helped me through my first flip 😃
Thank you for the sharing your expertise. These videos are opening my eyes to the reality of real estate.
Great outline of the flipping process. Would love to see a video about what skills you need to be a good flipper. How can someone new to the business learn what they need to know about construction to be able to work better with contractors?
Clear , direct advice , great content , keep up the Great videos
Very encouraging information! I love when people communicate clearly and comprehensively.
EXCELLENT TIPS , thx
appreciate it - but as a beginner it’s all very confusing still - if you can make a video walking through the easiest ways to get started and what the most recommended path to getting started is that’d be great - i have a little money to get started but it all seems pretty risky - so going through the risks/rewards would be appreciated.
This video was actually really really good , the content was really educational thank you
Thank you for the great content.
More and more I think it’s better to buy and flip homes and live in a rental. That doesn’t require maintenance expense.
super appreciate the video man. just bought my first flip. learning a lot! thx
nice!! got so many notes from just one video
It was a great video! Well put together. Thank you
Good video brother, TQ
Excellent stuff
Glad you think so!
Ryan Great video man!
Great vídeo brother!
Great content! Stumbled upon your channel and I have been locked in every week ever since. Informative, insightful and inspiring. Loving it.
Congratulations on your new baby! 🎊
this was super helpful. Thanks!
Awesome info! Thanks man!!
Thomas Wong thanks dude!
Excellent...Very Informative...thank you!
Awesome video!!! Thanks breaking down the basic steps!
No, Ryan, thank YOU, good job, God bless you
Thank you. I'm just getting started and this helps a lot.
Thank you for this, this is exactly what I’ve been looking for!
Great contenttt👏🏼👏🏼
Learn a lot, thanks ryan
Thank you so much! This was very helpful!
Great video that lays it out clearly!
Great Job!!! Thanks!!!
Thanks for watching!
The brightness is really high on the video... oh it was your smile ;)
This was good stuff. Thank you for the tips and pointers.
Thanks for this info! Suggestions on how to get access to the MLS if you’re not an agent
Great video Ryan! Loved the format you use and all the details you provide! Subscribed and ready to follow your journey as I get started with mine. Thanks
Thank you so much for this video 👍
Ooooh so many secrets in one video 😱
@Gabriel Galera hey babe
Love it!
What a great video 🙌
Love this 💪🏾thanks Ryan
Excellent info! Appreciate it. Im a new subscriber and Ive been on the operations side of this business but I am looking to finally do one flip.
Thanks for the insight
Thanks bro.
Awesome video man. I really appreciate the pointers and look forward to seeing more videos on this topic. Just decided a few weeks ago I would like to get into this business myself as my dad has been doing it for the last 10 years(albeit slowly and lacking efficiency) but it has kept him afloat. Im unfortunately a 25 year old college student who's only recently decided to get serious and finally start saving instead of blowing all my money lol. So itll be a few months before I can save up for a down payment and/or repair my credit from the horrors of an irresponsible young adults financial decisions.
Regardless though this has been the main line of work/investing I have wanted to get myself into after seeing the possibilities through my dad and now various others like yourself on youtube who have been able to streamline the process and really quickly and efficiently flip houses. I also saw your couch flipping video which I most definitely will be dabbling in to hopefully speed up the process of getting that first down payment ready and launching what I know will be a lucrative career.
Interested to hear how your business endeavor turned out?
Love you content!👍👍
AWESOME CONTENT!
Good stuff👍🏽
Whole selling sounds like a great start to me. Little risk and you make a profit off of it. Seems like a great start
I really got value from the video.
Dope content Ryan! Also mentioning the Corina virus demonetizes the video, from what I’ve heard.
Carlos F Vilchez wouldn’t surprise me.
Hey Ryan can you do a video on how to file taxes when you flip houses without paying high taxes on short term capital gains. I was researching registering my business as an llc or an S Corp. I was reaseaching also you can use your rental properties as write offs also. This is a field that I am really passionate about, I enjoy all of your videos
Fantastic vid as always! I feel I’ve watched almost all your vids by now and I’m always learning so thank you 🙏🏼Recently saw your vid about your first flip property and in this vid you mentioned you had 10k to start so Quick question: what was the cost of the first property and how did you finance its purchase and rehab? Thanks for all the inspiration, you’re truly empowering 🙌🏼
This helped a lot
Thanks for the great info, does anyone know when he refers to population, is he referring to the county or zipcode?
thanks you Ryan Pineda for giving me hope to build my wealth