Hi Ken! My Finance professor would always say, “It’s all about cash flows!” Thank you for providing great content! I am learning so much about real estate strategies and investments. Keep up the great work. 👍
I agree with everything!! Excellent video!! I’ve never flipped because I had other streams of income. I’m up to 15 units and I definitely survived during these rough times 💪🏽💪🏽. You are showing everyone the way my brother! 🙌🏽
The thing that concerns me is when the government safety net is removed and inflation in food and other staples start to accelerate I think the turnover rate is going to get mind boggling. This time is not like any thing I have seen .will be interesting
Ken: I agree! I have Rental Houses that are Cash Flowing a Mortgage on a Commercial Rental (which if things go right will be paid off in three years! Which ultimately will increase my Cash Flow! Just in the icky time right now!
Always enjoy the info you provide. What I am noticing is the expense it is taking to keep up a property. You have initial repairs, I think you need to update your strategy to include ongoing repair expenses and tax and insurance expense each year. In my area its about 300 /month for T&I. The hardest part but a big part of cash flow is get your mortgage payment as low as possible. Peace!
Are you considering the FHA loan? If you’re able to live in one of the units, you can get 3.5% down payment on up to a 4 unit building. Then can buy another multi unit with the money you were planning on putting down originally.
hello I have a question I'm not sure if you already have a video like this but can you make a video on how to get money to buy this apartments building thank you.
Ken, I am a new sub to your channel. I am curious to know how you handled the moratorium on rents due to the pandemic? Do renters owe back rent? If so, what arrangements are being worked out? Did the IRS offer you any tax incentives to set aside rents for those who needed it? In California, Gavin Newsom claims he wants to pay some families back rent which I find interesting because those who may have qualified for a moratorium on their rent will get screwed. If you haven't done a video on all things post-pandemic regarding rentals, can you update us on how owners handle back owed rents and the other questions, supra?
Ken, can you talk about how the government-mandated renter's moratorium affected your cash flow? Like how big a percentage decline did you suffer, an how many months because the government made it legal for your renters to stop paying rent. Thanks.
I'm wondering about the cash flow income for all those property owners who have properties with tenants who were locked down with no income to pay their rents? What about commercial office buildings or restaurants that sat empty during a lockdown and the businesses are now gone forever? Will new businesses spring up quick enough to provide the ability for owners to recover and not lose that cashflow property to repo? This concerns me now that it looks like more lockdowns in the future,
Hi Ken, im an avid follower of your channel. I just want to know if its still okay to buy a property that negative in cashflow because in our country the average monthly rent is around 0.5% of the property price. And its very difficult to find a positive cashflow unless I wll make the term 20 years. Im targeting 10 years mortgage. Thanks
Hi! I'f like to chime in here and say that you might consider a thirty year FIXED mortgage. Rates are ridiculously low, inflation is coming, so the low payment you'll get won't change, and will be paid back with diminished value dollars. Kenny, George Gammon and Jason Hartman have a lot to say on the subject.
Seems to be getting tougher to cash flow as rents are not keeping up with house price appreciation and mortgage rates are a bit higher…I’m in S. FL. You experiencing the same?
Ken, I Love it. I literally was going to buy a single-family house this month after planning on buying a multi family the last few years so this has stopped me dead in my tracks. Thank you.🙏 I can’t figure out why the mortgage payment is $8,897?
SOLUTION TO REAL ESTATE CRISIS: Canada and USA 1- Limit the amount of real estate any one individual can purchase. (lets say 2-5 max) 2- Ban immediately all and any Institutional investment/purchasing of commercial and or residential and any land purchasing. 3-Completely Ban all Foreign investment in real estate. 4-Any new Citizens must live in country 3-5 years before allowed to purchase real estate. 5-End all mortgage backed security
We do both. More than 200 flips have helped me buy more than 180k square feet of rentals!
So you use funds from flips to buy more rentals.
So one flip could equal 2-3 rentals?
Hi Ken! My Finance professor would always say, “It’s all about cash flows!” Thank you for providing great content! I am learning so much about real estate strategies and investments. Keep up the great work. 👍
I agree with everything!! Excellent video!! I’ve never flipped because I had other streams of income. I’m up to 15 units and I definitely survived during these rough times 💪🏽💪🏽. You are showing everyone the way my brother! 🙌🏽
The thing that concerns me is when the government safety net is removed and inflation in food and other staples start to accelerate I think the turnover rate is going to get mind boggling. This time is not like any thing I have seen .will be interesting
Thank you Ken for being a great teacher and sharing your knowledge with people who are trying to get ahead.
Thanks for walking us through Ken!
Thank you Ken. I like that it's ok to flip to first get started.
Awesome content as always Ken!!
Ken you’re the man thank you so much! I honest thought I knew the difference but this was enlightening
Great video!!
Ken:
I agree! I have Rental Houses that are Cash Flowing a Mortgage on a Commercial Rental (which if things go right will be paid off in three years! Which ultimately will increase my Cash Flow!
Just in the icky time right now!
Ken, please talk about asset protection planning. This is one topic that I think all investors must know.
I really admire you and love all the content that you share, i can't wait to start investing very soon to create passive income and retire young.
What a video ! Thanks ! Cheers from Colombia !
Always enjoy the info you provide. What I am noticing is the expense it is taking to keep up a property. You have initial repairs, I think you need to update your strategy to include ongoing repair expenses and tax and insurance expense each year. In my area its about 300 /month for T&I. The hardest part but a big part of cash flow is get your mortgage payment as low as possible. Peace!
If you dont have the cash reserves you cant play the long game
Good educative video. Cheers.
I am saving for my first multi unit
Are you considering the FHA loan? If you’re able to live in one of the units, you can get 3.5% down payment on up to a 4 unit building. Then can buy another multi unit with the money you were planning on putting down originally.
I like the combo flips ,cash flow nice
hello I have a question I'm not sure if you already have a video like this but can you make a video on how to get money to buy this apartments building thank you.
Make a video on wholesaling.
In Illinois you must pay real estate taxes in the rears. Don’t forget to subtract that amount from you net income.
Depreciation baby
Ken, I am a new sub to your channel. I am curious to know how you handled the moratorium on rents due to the pandemic? Do renters owe back rent? If so, what arrangements are being worked out? Did the IRS offer you any tax incentives to set aside rents for those who needed it? In California, Gavin Newsom claims he wants to pay some families back rent which I find interesting because those who may have qualified for a moratorium on their rent will get screwed. If you haven't done a video on all things post-pandemic regarding rentals, can you update us on how owners handle back owed rents and the other questions, supra?
Thank you Ken❣️👍👍👍👍👍
Thanks for sharing
Thank you very much for the great content! One question: How is the rent affected once the house appreciates?
Ken, can you talk about how the government-mandated renter's moratorium affected your cash flow? Like how big a percentage decline did you suffer, an how many months because the government made it legal for your renters to stop paying rent. Thanks.
I'm wondering about the cash flow income for all those property owners who have properties with tenants who were locked down with no income to pay their rents? What about commercial office buildings or restaurants that sat empty during a lockdown and the businesses are now gone forever? Will new businesses spring up quick enough to provide the ability for owners to recover and not lose that cashflow property to repo? This concerns me now that it looks like more lockdowns in the future,
This is gold
Hi Ken, im an avid follower of your channel. I just want to know if its still okay to buy a property that negative in cashflow because in our country the average monthly rent is around 0.5% of the property price. And its very difficult to find a positive cashflow unless I wll make the term 20 years. Im targeting 10 years mortgage. Thanks
Hi! I'f like to chime in here and say that you might consider a thirty year FIXED mortgage. Rates are ridiculously low, inflation is coming, so the low payment you'll get won't change, and will be paid back with diminished value dollars. Kenny, George Gammon and Jason Hartman have a lot to say on the subject.
Seems to be getting tougher to cash flow as rents are not keeping up with house price appreciation and mortgage rates are a bit higher…I’m in S. FL. You experiencing the same?
Ken, I Love it. I literally was going to buy a single-family house this month after planning on buying a multi family the last few years so this has stopped me dead in my tracks. Thank you.🙏 I can’t figure out why the mortgage payment is $8,897?
Hi 👋🏼
The government loves flippers.
SOLUTION TO REAL ESTATE CRISIS: Canada and USA
1- Limit the amount of real estate any one individual can purchase. (lets say 2-5 max)
2- Ban immediately all and any Institutional investment/purchasing of commercial and or residential and any land purchasing.
3-Completely Ban all Foreign investment in real estate.
4-Any new Citizens must live in country 3-5 years before allowed to purchase real estate.
5-End all mortgage backed security
First!
don't be lazy, take you own notes. Write write and write
Looks like you do not have enough time to male those videos now.
first