This 32-Year-Old Makes $10M Selling Villas in Bali

Поделиться
HTML-код
  • Опубликовано: 24 дек 2024

Комментарии • 123

  • @mariefeandjakesnow
    @mariefeandjakesnow 2 месяца назад +65

    Thanks Davie and team for sharing a bit about our story. We are incredibly grateful for the island of Bali and the kind hearted, supportive local people who without, none of this would have been possible. And a big shoutout to our amazing local team who are the real stars of the show, every one of our customers would agree :)

    • @ifeody
      @ifeody 2 месяца назад +5

      Well done for all the hard work you put in Jake and Marie 👏🏽

    • @Juzzzzzzzzyyyyyyymcccccc
      @Juzzzzzzzzyyyyyyymcccccc 2 месяца назад +1

      How do you feel about pricing out Indonesians? Why didn’t you do it in Australia? Because you can’t! I gave him 50k and found him a new place! scum bag! This is why ex-pats don’t even go to Bali anymore! It used to about surfing and creating tourism for locals and now it is about this new instagram entrepreneurial vibe.”…. Gross

    • @Juzzzzzzzzyyyyyyymcccccc
      @Juzzzzzzzzyyyyyyymcccccc 2 месяца назад +8

      David you shouldn’t even be advertising these type of people… they are destroying Bali and destroying local communities.

    • @Juzzzzzzzzyyyyyyymcccccc
      @Juzzzzzzzzyyyyyyymcccccc 2 месяца назад +7

      Thanks Davie and team for sharing a bit about our story.
      We are incredibly grateful for the island of Bali and the kind hearted, supportive starving local people who we priced out and without their low economic status, none of this would have been possible. And a big shoutout to our amazing local team who we under pay and who are now travelling to a place they once live to now work, I’d like to thank every one of them for making me a star and rich slum lord!

    • @tyoungnl35
      @tyoungnl35 2 месяца назад +1

      Hi Marie, great story, amazing creations, but can you share links to your businesses, especially the land purchase, design/build service offering, myself, and I’m sure many others would be interested.

  • @peterparos95
    @peterparos95 Месяц назад +54

    I'm an Indonesian lawyer. That's inaccurate. Local and foreign LLCs (PTs) are not allowed to own land under a freehold title in Indonesia. When an LLC buys a land, the title automatically changes to Building Rights on Land title.

    • @808BizStuff
      @808BizStuff Месяц назад +1

      👍🏼 Peter! Just subbed to your channel. Perhaps I can hire U once I get back to 🇮🇩. I am interested in real estate in Tangerang & Bali as well as exploring business possibilities.

    • @bartroszak
      @bartroszak Месяц назад +2

      @@peterparos95 exactly right, HGB title is what he was referring to can only be granted for up to 30 years at the time, subject to a new agreement if to be extended.

    • @Macomac
      @Macomac Месяц назад +2

      Very interesting but everyone can come to Australia and buy it out.

    • @Athlean3
      @Athlean3 Месяц назад

      @@peterparos95 can local can buy

    • @peterparos95
      @peterparos95 Месяц назад +2

      @Athlean3 Yes, Indonesian citizens can buy and own land. Indonesian LLCs can buy but don't own the land under a freehold title. Even so, an LLC can use the land as a collateral for a bank loan.

  • @marcusaurelius_
    @marcusaurelius_ 2 месяца назад +29

    For those who want to know the reality of Bali, it's tricky, and massive speculation is going on.
    Stop and think for a moment before you get excited about the gold rush.
    On one side there are the locals, who don't have too many problems selling or renting the land, because they think about their family and how to support it economically also in the future. For them it's too tempting an opportunity.
    On the other side there are westerners, some who simply want to build a house to live in, some want to run a business, others who only want to speculate and have no interest in the community or respecting nature. Even for them the opportunity to make a profit is too tempting to consider any morality or environment protection. There are some interesting projects, but many of them are ugly and aimed only at quick profit.
    Then there is the Indonesian government, which in all of this is the main responsible. It sets very few limits, has no long-term vision for sustainable tourism, and does not develop infrastructure to support this massive real estate speculation.
    In 3 words: need, greed, incompetence

    • @808BizStuff
      @808BizStuff Месяц назад +1

      Well said! Thanks for the perspective. I have many of the same observations. 👍🏼

    • @fizahaque
      @fizahaque Месяц назад

      Honestly. That sounds like every country rn. The world is doomed it seems

    • @backpackerlens
      @backpackerlens 12 дней назад

      The bad part that as PTMA grants you property and land ownership. When Indo Govt see this so lucrative, they can seize your properties by turning off your PTMA.. you can’t do legal dispute to Indonesian govt practically. That’s your lawyers did not tell you.

  • @wesleytrinkle5153
    @wesleytrinkle5153 2 месяца назад +11

    Awesome video Davie please keep the ecommerce tutorials and strategies coming, they are so helpful.

  • @TobinOsusky
    @TobinOsusky Месяц назад

    Good guy, very intelligent, and super considerate of all others involved. Kudos

  • @Mauivavi
    @Mauivavi 2 месяца назад +32

    Gentrification gang

  • @NotDuskss
    @NotDuskss 2 месяца назад +7

    What Jake's doing is what I've been wanting to do when I'm older

  • @JacksonRosenbaum
    @JacksonRosenbaum 2 месяца назад +3

    Davie, I swear to you I will make a giant e-commerce brand one day that will help people and one day I’ll sign up for daily mentor when I’m over $1million and get to speak to you. Your videos have really helped me, a while back I paid for a $3k dropshipping mentorship and while it did teach me how to go viral I spent the whole 3 months of the mentorship without making a single dime. I have watched your free course and it has opened my eyes again to what is possible. There’s even some things in your course that the 3k mentorship didn’t tell me! I hope this keeps getting likes so I never forget the promise I made to myself!

    • @DavieFogarty
      @DavieFogarty  2 месяца назад +4

      Thank you so much for your kind words! I’m thrilled to hear that my videos and free course have helped you regain your focus and motivation. Keep pushing forward, and I can’t wait to see you reach that $1 million milestone.

  • @templeofg
    @templeofg 2 месяца назад +30

    inheritance is easy to spot

  • @JONATHANQUINONES-qn6pp
    @JONATHANQUINONES-qn6pp 2 месяца назад

    This is so inspiring bro , I do love to see how people fulfill their dreams . You and your wife deserve it

  • @realestatecoachestv
    @realestatecoachestv 2 месяца назад +1

    The editing here is crazy

  • @Usurp-0200
    @Usurp-0200 2 месяца назад +7

    Hi Davie, great content as always! Could you do an episode on fulfilment methods especially when starting out? And how to fulfil in a remote market like the UK or US if in AU? Should one start close to home, only to expand internationally once profitable enough to scale? The conundrum is dropshipping takes too long, but if starting out in a remote market, there's no volume to justify a 3PL method.
    Many thanks!

    • @wesleytrinkle5153
      @wesleytrinkle5153 2 месяца назад

      @@Usurp-0200 yes that would be an amazing video been really wondering that myself

    • @ima1flirt
      @ima1flirt 2 месяца назад

      Yes this is needed !

    • @KalenRat
      @KalenRat 2 месяца назад +1

      Start in Aus & NZ, scale fairly high then branch out, that way you've got some experience with your market and if you're unable to run in other countries then you can fall-back on Aus

    • @wesleytrinkle5153
      @wesleytrinkle5153 2 месяца назад

      @@KalenRatprobably good advice but would also like to hear from Davie

    • @KalenRat
      @KalenRat 2 месяца назад +1

      @@wesleytrinkle5153 Yeah nah for sure, was just a super short rundown

  • @ChildrenofPotatoes
    @ChildrenofPotatoes 4 дня назад

    Setting up a PT PMA in Bali ain’t simple, you basically need $1 million usd in cash for starters. And the laws are changing, so if it changes to $2 m, for example, you’ll need to get $2m cash or deregister. If you’re able to have it, then you’ll get massive tax breaks. I’m a foreigner with a Bali villa, very important to get local agents who u can trust and understand the building industry.

  • @chr1staki
    @chr1staki 2 месяца назад

    Love this video. Informative and inspiring… and the buildings look great… love the rough natural interior finish 🪨

  • @catherinel8839
    @catherinel8839 2 месяца назад +4

    WOW!!!! Amazing story. Love this

  • @Chinagizmo
    @Chinagizmo 2 месяца назад +3

    Awesome mate. Thanks for this ❤

  • @peteranderson6172
    @peteranderson6172 Месяц назад +1

    Building our villa .,Moving permanently.
    Too Bali ..Best thing ever !!!
    Still many secret places in Bali .To build
    Away from crowds . Your true paradise dream .live like a billionaire

  • @guambroker
    @guambroker 2 месяца назад +1

    Love this! When you can combine your passion with creating value.. with your life partner. Beautiful ❤️

  • @highvibe4839
    @highvibe4839 2 месяца назад +4

    Regardless of making your millions quickly, lengthy hours and dedication are obviously still required, especially as your empire grows. So many opportunities for those who tap into the source, plus right time right place has been extremely advantageous for this deserving couple.

  • @MIIbrahimTechnology
    @MIIbrahimTechnology Месяц назад

    Hello Sir , how are you? I am a regular viewer of your RUclips channel. I came here to say that- "Your channel always leaves me excited for the next upload!" Good Luck

  • @blessedblem2051
    @blessedblem2051 2 месяца назад +2

    Well explained. Thanks for bringing up the videos financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject.

    • @GodstimeNonso
      @GodstimeNonso 2 месяца назад

      Trading in Bitcoin now is the wisest thing to do now especially beginner.....

  • @sergeipad8001
    @sergeipad8001 Месяц назад +4

    So the dude made $400 off Instagram and started building hotels and villas?

  • @ChrisandCaroline
    @ChrisandCaroline 2 месяца назад +2

    It’s good but the sovereign risk is high, would have to be classified as high risk investing

  • @itscooldawgdonteventrip
    @itscooldawgdonteventrip 2 месяца назад +2

    The money is good but what I really like about entrepeneurship is the freedom and doing things that seems just cool. It looks addicting( even if it's hard lol )

    • @itscooldawgdonteventrip
      @itscooldawgdonteventrip 2 месяца назад +2

      so many different way to actually make money be profitable. lol it's CRA~ZY lol . that's what amaze me.

    • @DavieFogarty
      @DavieFogarty  2 месяца назад +1

      Absolutely! The freedom and creativity that come with entrepreneurship is incredible. It can be tough, but that thrill of doing what you love makes it all worth it.

  • @brettlarks4067
    @brettlarks4067 Месяц назад +8

    2 million dollar villa projects during covid with no jobs or credible means of income, please share the financier I need a loan 😂

    • @milao1162
      @milao1162 3 дня назад

      Things are different when you have 1.2M followers😊

  • @dennisgordon7767
    @dennisgordon7767 Месяц назад

    I like the guy however the problem is what happens when there isnt enough affordable housing anymore? There are places out there where a hostel is $18 a night and thats bs

  • @JohnMcclaned
    @JohnMcclaned 2 месяца назад +9

    monetizing narcissists is a power move

  • @sheilatanart9874
    @sheilatanart9874 Месяц назад

    This is amazing!! ❤

  • @peterparos95
    @peterparos95 Месяц назад +1

    I wonder how he structures the capital since foreigners are only allowed to invest at least 10 billion rupiahs to run a business in Indonesia.

  • @NikitaTheLove
    @NikitaTheLove 8 дней назад

    I did not undestand:
    1) where did he find investments to build that hotel?
    2) how did he learn how to build such hotel if he never built houses in this industry?

  • @joshbkitson
    @joshbkitson 2 месяца назад +3

    I loved this, one of your best videos!

  • @steamroll805
    @steamroll805 Месяц назад

    unbelievable content !

  • @aliiicemac
    @aliiicemac 14 дней назад

    I honestly wonder when this will stop, Bali is completely full with people like Jake and Marie, that are buying & building properties there, I don't know an influencer that doesn't do that. There is construction everywhere... it will have to stop one day as there won't be any more space. Canggu 10 years ago was a little village with few surfer guys running some fun places now its just full of influencers trying to make money and literally building towns, poor local people can't even recognise their home land anymore :(

  • @naidoo307
    @naidoo307 2 месяца назад +6

    Don’t forget to declare your global earnings to the ATO! 😮😂

  • @beluwuga
    @beluwuga 2 месяца назад

    0:06 Wow, damn Bali’s a country, wow, never knew that, huh.

  • @julianfarquhar
    @julianfarquhar 2 месяца назад +26

    Get him out of Bali, he is raising prices for the Balinese and real estate there.

    • @kickinit8314
      @kickinit8314 2 месяца назад

      @@julianfarquhar Do you care to elaborate further?

    • @nairmanish
      @nairmanish 2 месяца назад

      Inflationary trends are caused by businesses like these

    • @jacqueswright2731
      @jacqueswright2731 2 месяца назад +2

      Being that a lot of these types of villa are only rented by travellers, there is little chance of affecting the local economy in any negative way. More likely to increase tourists staying in the area, so possibly better for local businesses owned by locals

    • @Grace-bs6ze
      @Grace-bs6ze 2 месяца назад

      @@jacqueswright2731 highly disagree with that statement… my partner family lives in Bali and has impacted them greatly.

  • @kimangel4988
    @kimangel4988 Месяц назад

    ancient balinese proverb "when ya making mad loot keep ya head down"

  • @AchinthaG
    @AchinthaG 2 месяца назад +1

    A Ton of Knowledge

  • @paulhockin5264
    @paulhockin5264 9 дней назад

    This guy is living every womens dream.

  • @John-a81
    @John-a81 2 месяца назад +2

    Good thumbnail

  • @Exorcistt94
    @Exorcistt94 2 месяца назад +5

    Interesting... And I am whining that it is hard to create an company in my country xd.
    Time to save up for better life.

  • @HeisKelvinHov
    @HeisKelvinHov 2 месяца назад +2

    Incredible ❤

  • @vanessaland5090
    @vanessaland5090 2 месяца назад +4

    Awesome vid. In reality though, it really does help your social media growth when you're both very hot.

  • @fleurs6235
    @fleurs6235 2 месяца назад +6

    It’s amazing what they have done! Owning property and making a business out of it is always hard work but a lot of times people act like it’s a dream to own property in Bali, don’t forget you have to deal with so much corrupt lawyers, police etc, it really can be a nightmare. Nonetheless they did a great job!

  • @MananyinabilinDominic
    @MananyinabilinDominic 2 месяца назад

    Again please i really need your help i want to join you to teach me please

  • @Juzzzzzzzzyyyyyyymcccccc
    @Juzzzzzzzzyyyyyyymcccccc 2 месяца назад +4

    Thanks Davie and team for sharing a bit about our story.
    We are incredibly grateful for the island of Bali and the kind hearted, supportive starving local people who we priced out and without their low economic status, none of this would have been possible. And a big shoutout to our amazing local team who we under pay and who are now travelling to a place they once live to now work, I’d like to thank every one of them for making me a star and rich slum lord! Please pin this comment!

  • @منالالعمران-ع7س
    @منالالعمران-ع7س 2 месяца назад

    شكرا على المشاركة 🥰😇

  • @Mohsajad682
    @Mohsajad682 2 месяца назад

    Fantastic ❤

  • @evolvetravel1
    @evolvetravel1 Месяц назад

    I have over 100K subs on my channel if you'd like me to be one of your influencers to highlight your resort!!! Recently travelled to Thailand for the first time (Bali being super close by,) and I think it would be next up on the list. Inspiring story!!

  • @DhanviBhimani
    @DhanviBhimani 2 месяца назад +2

    This shows there’s beauty in time , working out even if you don’t see the result and building up and up .
    This shows so much of positivity in working hard 👍👍

  • @EvangelosDimitriou
    @EvangelosDimitriou 2 месяца назад +2

    It's 10M in Indonesia Rupees, 😂

  • @THEFREAK
    @THEFREAK Месяц назад

    Sounds easy just need 2.3mil first

  • @nikbiz
    @nikbiz 2 месяца назад +2

    A high quality woman can see the values in a man before he makes it.
    This is a dream story most people in the west nowadays only believe exist in movies.
    Not a fan of Bali but how can you not respect what they've built together?

  • @BeProductive_PL
    @BeProductive_PL 2 месяца назад

    WOW

  • @Zaidali004
    @Zaidali004 2 месяца назад

    First...🎉 Love from Pakistan Davie ❤😊

  • @kronosDE
    @kronosDE 2 месяца назад +5

    It's 2024 social media is super saturated...

    • @harfreeka
      @harfreeka 2 месяца назад +1

      And there is an unborn child that will crack the saturation

    • @maxkingsproductionhut
      @maxkingsproductionhut Месяц назад

      @@kronosDE lol it’s not stop spouting excuses

  • @bartroszak
    @bartroszak Месяц назад

    For anyone here commenting about gentrification, especially if you're Australians, do you know anything about your own history folks?

  • @nisnga147
    @nisnga147 Месяц назад

    All sounds so easy right? So many things not mentioned - one being short term rental is a very grey and illegal area for foreigners and even foreign owned companies,and to do it fully legally would need to open a small hotel - a foreigner cannot (regardless what anyone says even this guy's company) buy or build a villa and rent it out daily as a business or income - its illegal as foreigner cannot hold the pondok wisata rental licence - whoever tells you otherwise is lying. Yes it happens, and if the government clamps down (which they enjoy doing when money is tight) you will be crying all the way back home. All it takes is the hotel association to kick up a fuss about too many illegal villa rentals and boom!

  • @AshforkusMichau
    @AshforkusMichau 2 месяца назад +2

    Do I understand this correctly, they built both villas/properties for 1.25mil during covid but only had $12400 in the bank?

    • @lachlanmacnee8704
      @lachlanmacnee8704 2 месяца назад +2

      yeah something doesn't add up

    • @duffer11
      @duffer11 2 месяца назад

      they prob borrowed money for that and they were making money off presets they said.

    • @AshforkusMichau
      @AshforkusMichau 2 месяца назад +2

      @@duffer11 I guess but imagine explaining to the bank that your current income is selling settings to make photos look good for Instagram. I know borrowing was good over COVID but that's pretty high risk for the bank.
      Not trying to shit on this, just sounds like a big jump from travelling the world, selling some presets and then bam, 1.25mil loan

    • @mariefeandjakesnow
      @mariefeandjakesnow 2 месяца назад +7

      We started with this amount when we met in 2016, we started building the villas in 2020 after running our online business for 2.5 years. We paid for the construction and land with our own capital. Its very hard to get a loan to build in Bali

    • @Juzzzzzzzzyyyyyyymcccccc
      @Juzzzzzzzzyyyyyyymcccccc 2 месяца назад

      @@AshforkusMichau they would of had to have off shore money and there is no way an Indonesian bank would give them
      Money as they are blow ins!

  • @maxwalker1159
    @maxwalker1159 Месяц назад

    Cool

  • @EarthStorii
    @EarthStorii 2 месяца назад

    You need a professional Thumbnail designer

  • @vikingchannel8321
    @vikingchannel8321 9 дней назад

    That is so not truthful, is it painted as a and blown up as. farytail. They even admitted they try to be influencers

  • @soham_t9562
    @soham_t9562 2 месяца назад

    Hi sir davie
    I am from India
    I want to retire my parents
    Can you please help me ❤️

  • @mrnonews
    @mrnonews 5 дней назад

    The human resources are trash here. Contractors and builders just want to rob you blind. Choose your people with extreme caution.

  • @iAbhishek_official
    @iAbhishek_official 2 месяца назад

    ✅️

  • @kandasamys7981
    @kandasamys7981 Месяц назад

    I am small debt someone help me now I need India Money 20 crores

  • @deltaman7583
    @deltaman7583 2 месяца назад

    #1

  • @JeamesGranger
    @JeamesGranger 2 месяца назад +1

    Yeah, I wouldn’t want things to go south 🤔 because the government is not solid. His not putting his money into it anymore? Running a company so if things go wrong, he can get out 🤔

    • @samburbon
      @samburbon 2 месяца назад +1

      @@JeamesGranger He uses investors

  • @abdullah.al.noman.innovation
    @abdullah.al.noman.innovation 2 месяца назад

    Anna Lenk 39.8ks 67kv 14O2024 7345D

  • @Faseeheditor
    @Faseeheditor 2 месяца назад

    hey davie i would love to edit videos and thumbnails for you 🔥 🔥
    can we talk??

  • @harshagoud3353
    @harshagoud3353 2 месяца назад

    Give your email id

  • @milao1162
    @milao1162 3 дня назад

    I’m very amazed about Bali and hero of the video, but every time I see how Bali changed because of tourists and nomads, who ran business there, but rest of the Bali people are still very poor, I ask myself - is it a new face of colonisation in the 21 century?🫠

  • @missevolucion7737
    @missevolucion7737 2 месяца назад +1

    Hopefully he is doing something for the ecological impact that those villas can cause to the island... 🌱🪴🌳🪴🌵☘️🌾

    • @nisnga147
      @nisnga147 Месяц назад

      haha they arent doing shit... milking it while they can

    • @Marlena-n2o
      @Marlena-n2o 10 дней назад +1

      I agree. There are more and more westerners claiming their stake of the landscape, but if the government doesn’t step up and put measures in place to protect the environment then who can prevent this from happening? I like to support local businesses owned and run by Indonesians.

    • @twistandshoutabout
      @twistandshoutabout 9 дней назад

      He is making sure there is no Karaoke around...does that count?

  • @Faseeheditor
    @Faseeheditor 2 месяца назад

    hey davie i would love to edit videos and thumbnails for you 🔥 🔥
    can we talk??

  • @harshagoud3353
    @harshagoud3353 2 месяца назад

    Give your email id