Asking a real estate agent whether you should buy a home right now is like to asking an alcoholic whether they think you should have a drink lol. Homes in my neighborhood that cost around $450k in sales in 2019 are now going for $800k to $950k. Every seller in my neighborhood is currently making a $350k profit. Simply unreal. In all honesty, deflation is what we require. The only other option is for many people to go bankrupt, which would also be bad for the economy. That is the only way to return to normal.
Home prices will come down eventually, but for now; its best to offset some of your real estate investments and get into the financial markets or gold. The new mortgage rates are crazy, add to that the recession and the fact that mortgage guidelines are getting more difficult. Home prices will need to fall by a minimum of 40% (more like 50%) before the market normalizes. If you are in cross roads or need sincere advise on the best moves to take now its best you seek an independent advisor who knows about the financial markets.
Personally, I can connect to that. When I began working with Sophia Maurine Lanting’, a fiduciary financial counsellor, my advantages were certain. In these circumstances, I would always advise getting professional help so they can steer you through choppy markets and just give you indicators and strategies for knowing when to enter and exit the market.
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’ Sophia Maurine Lanting” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
Tax laws can be so complex, and it’s super helpful to break them down like this. Understanding how different policies can impact our finances is crucial for making informed decisions.
Making profitable investments during this time of political change can be risky without that insight. For me, working with an adviser is the best first step to navigate these complexities and make informed choices.
I think having an investment advisor is the way to go. I've been with one because I lack the expertise for the market. I made over $490K during the recent dip, highlighting that there's more to the market than we average folks know.
Asking a real estate agent whether you should buy a home right now is like to asking an alcoholic whether they think you should have a drink lol. Homes in my neighbourhood that cost around $450k in sales in 2019 are now going for $800 to $950k. Every seller in my neighbourhood is currently making a $350k profit. Simply unreal. In all honesty, deflation is what we require. The only other option is for many people to go bankrupt, which would also be bad for the economy. That is the only way to return to normal.
Home prices will come down eventually, but for now; its best to offset some of your real estate investments and get into the financial markets or gold. The new mortgage rates are crazy, add to that the recession and the fact that mortgage guidelines are getting more difficult. Home prices will need to fall by a minimum of 40% (more like 50%) before the market normalizes. If you are in cross roads or need sincere advise on the best moves to take now its best you seek an independent advisor who knows about the financial markets.
indeed the mkt & economy has gone berserk, price of great assets like real estate, dividend paying stocks, or gold never comes down easily, in my humble opinion, buy what you can afford today, and working with a financial advisor certainly helps
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Rebecca Nassar Dunne” and her performance has been consistently impressive. She’s quite known in her field, look-her up.
I'm an amateur with a portfolio of 370k and I've got some real estate holdings too, but it's hard for me to build confidence. I want to invest another 70k over a one month span, but I want to be strategic about doing it so I can grow more and not stay stagnant. Any suggestions?
Not offering any particular advice, but I can assure you that it's not as hard as many people think it is. Ordinary investors lack the requisite level of diligence, so having a financial advisor on board is usually highly beneficial. In the market, this is how people generate enormous profits.
I agree. There's a lot of potential in the market. My friend introduced me to a financial advisor in 2021, and even though I was skeptical, I went on. I finally was making enough monthly dividend to quit my soulless job and pursue my dream to start a restaurant in New Jersey.
That's really great. I've tried doing some research myself to hire a financial advisor, but it's really overwhelming. Could you recommend who you work with, please?
I'm reading a lot of negatively charged people on here ! Whats with the hate . This is commercial multifamily real estate . Get it . Its very high level . Out of 1000 people maybe 4 can do this ; 4 or less at kens level . Wrap that around your negative talk people!! Ken has a kind heart and is teaching everyone parts of the game . Theres levels to this
I'm 39 and have almost saved enough for a down payment on a decent house. However, I'm second-guessing my decision because home prices are higher than I budgeted, and I’m worried about a potential market crash. Am I better off putting my spare cash in stocks and waiting for housing prices to drop, or should I go ahead and buy a home now?
Stocks can offer way higher returns in the short term, but it's also more volatile. If you feel confident in your ability to navigate the stock market then it might be a better option
Two years ago, I was in a similar situation and ultimately decided against buying a home since I was comfortable in my rented apartment... That turned out to be a great choice because now, I make close to 15 grand a month from it! If you have the time, I recommend doing thorough research on how to go about this process safely... Alternatively, consider working with an expert, like I eventually did, to help avoid costly mistakes, especially in the early stages... Good luck...
been considering going into this for sometime now. heard its a nice way to make some extra funds. how do you get a competent expert and how expensive are they
@wonderfully_madeJake You should begin by seeking out individuals with strong records... Also make sure the person is registered... Personally, I use Marie, Kelly Matwick. She's not so popular but you might have heard of her. And they're usually way cheaper than you would expect in the US...
I remember in 2007 when I was working in real estate seeing people buy homes new from builders with the intention of selling before close of escrow to a new buyer for profit. The crash was so brutal and fast that I remember seeing a lot of these units foreclosed on with the builder plastic still on the carpet.
Most people find it difficult to handle a fall since they are used to bull markets, but if you know where to look and how to maneuver, you can make a size-able profit. Depending on how you intend to enter and exit, yes.
This could be huge for both buyers and sellers. If it’s as significant as they say, we might see shifts in housing affordability, interest rates, or even inventory levels across the country.
I wonder if this will impact property values in certain areas more than others. Sometimes major events in real estate create big regional differences, especially in places where prices have been skyrocketing.
If this event affects mortgage rates, it could really change who can afford to buy. For some, it might open up new opportunities, while others may find it harder to enter the market.
Investors must be watching this closely. A big change could mean a shakeup in the rental market or even impact commercial real estate, so they’ll likely be adjusting their strategies
I’m curious how this will affect people nearing retirement who planned to downsize. If there are big shifts in real estate, it might change their plans or the timing of selling their home.
This could also impact long-term renters. If property prices or availability shift significantly, it might mean changes in rental rates or availability, especially in high-demand areas.
Can I just say what a great guy Ken is and how grateful we all are that he makes these informational videos to educate us? On behalf of millions of youtube users, thank you Ken!
I Hit 110k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started last month 2024. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject. thanks to Brooke Grace Miller for helping me achieve this
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
I think it's time to make it more appealing for potential buyers. Real estate can be quite the rollercoaster! the stress and uncertainty are getting to me. I think I'll cut rents to attract potential buyers and exit the market, but i'm at crossroads if to allocate the entire $680k liquidity value to my stock portfolio?
"Overall, buyers hold a lot of the cards right now, and sellers are having to give out more concessions to close a deal." All the best, buying on sale is actually one of the best ways to invest in stocks, and advisors are ideally suited for such task
Until the Fed clamps down even further I think we're going to see hysteria due to rampant inflation. If you are in cross roads or need sincere advise on the best moves to take now with financial markets will be best you seek a fin-professional with fiduciary responsibilities who knows about mortgage-backed securities for proper guidance.
I appreciate you sharing this. When I looked up the woman you named and read through her credentials, it was obvious that she was a complete professional. I just need her to respond to the message I wrote her.
I am 22 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, investing with the help of an advisor set me up for life. Retired with about $1.6m in stock portfolio only. I worked hard everyday as a teacher for 32 years, and my salary was over 100k annually. Supplementing my income with stocks and alternative investments helped me achieve early retirement.
@@justamanwithbeliefsI've worked in real estate for over 25 years and have neglected a major stock portfolio. This served me well when I was flipping and renting houses, however I need a different plan now.. mind if I look up the professional guiding you please?
I've worked in real estate for over 25 years and have neglected a major stock portfolio. This served me well when I was flipping and renting houses, however I need a different plan now.. mind if I look up the professional guiding you please?
Katherine Nance Dietz is the licensed advisor I use. Just google the name and you’d find necessary details. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
Real Estate provides cashflow, tax benefits, equity building, competitive risk-adjusted returns, and inflation protection on its own. Whether you invest in physical properties or REITs, real estate may help you diversify your portfolio and reduce volatility. Dividends are what got me into investing in REITs, great way to secure the accumulate wealth, I hold AMT, CCI & PSA. $290k in profits made in 2022.
Consistently investing in high quality dividend paying REITs & companies over the long term is a relatively easy strategy to create generational wealth. My "boring" REITs portfolio paid me over $4,000 in dividends last month.
Time to focus on high-value plays with discounted dividend stocks! I'm forever grateful to my CFP. I now have a six-figure REIT portfolio, including stocks like AMT, SPG, and PSA. Currently, I own 606 shares of AMT, which brings in $3,800 annually in dividends.
I'm been guided by "Melissa Terri Swayne" who is widely recognised for her competence and expertise in the financial market. She has a thorough understanding of portfolio diversification and is regarded as an authority in this field.
Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
awesome breakdown ken! can you do a video on some tips and tricks of how to make deals work in more appreciation based markets like phoenix, Florida/tampa etc? where cash flow is much less generally?
A key factor often overlooked is that over 25% of new homes are being acquired by investors, rather than individuals seeking primary residences. Even if Baby Boomers decide to offload their properties or more housing stock enters the market, it won’t alleviate the underlying issue. Wealthy investors will continue to absorb the available inventory, which will keep home prices elevated.
I found the smaller the size the more personal it becomes and the more attached sellers are to the price and the tighter the grip they have. Unless they're in big trouble their pricing expectations are higher than group or corporate owned property. I've had individual sellers say "I don't care" when presenting facts, data, comps, and numbers, which support the offer price solidly.
@Kevin McElroy, 😢I’m not seeing prices go down at all in the Chicago area nor the Midwest area. We are in our 60’s. Lost our home during the last crash and have not been able to buy since. We would really like an opportunity to move out of our daughter’s house but I can’t see the rainbow amongst this storm. What is your prediction for the Midwest and the cost of housing?
What was the purchase cap rate? What were the terms of the debt? Did you do a bridge loan or long term debt? What is the interest rate, fixed or floating, interest only or amortized principal and interest, maturity date, loan to cost, loan sizing, LTV and DSCR requirement. Does it produce a positive cash flow after including the full debt service from amortization (interest and principal payment)? What is the cash on cash return on the hard equity?
Ken, you previously said supply of units would start tightening beginning in early 2026. Now you are saying that will happen in early 2027. What changed? Why the shifting out of a year in the timeline?
Ken is human just like all of us. You should go back and listen to some of his videos from during covid. A lot of his projections and assumptions are wrong
I was in Vegas last year and noticed many new nice places and said to myself, damn they built this with today's interest rates. No way, they got a good deal at these prices to build.
It's time to acknowledge that a return to 3% mortgage rates may be unrealistic. If homeowners are forced to sell, we will likely see a drop in home prices, leading to lower property valuations. I know I'm not the only one who shares this outlook.
I've got £100k to invest. I want to build a nest egg for when I'm older. I want to know if it's a good idea to add all my savings into a long term ETF, set and forget Come back in 20-30 years, instead of 250-300 DCA every month. Which ETF would you recommend?
the hottest stocks in recent years have been in the technology and communication industries, most investors find it easier to build their portfolios utilizing a financial advisor, perhaps you can do the same
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Brooke Grace 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
Remember that he’s a RUclipsr and he has to do videos in order to make money so you will never know if he purchased the property or not ….so call it what you want fallacy ,fake that’s the way it is , don’t believe in anything you see on RUclips 😎
So assuming you got a loan on this that the terms are 3 or 5 or 7 years fixed and at the end of that term let’s just say interest rates go even more up Then technically you could default . Is that correct and if so what would you do
When i listen to him he says we bought it. How the purchase was financed is key. Yet he's speaking vaguely about the financing. If it's a mortgage, crowd funding or cash makes a huge difference and the difference between being profitable or not. Also he doesn't go into details about the sellers, when they bought it ,why they cannot do the same financing he does. Some key explanation are left out and without breaking down numbers there's no way of telling if it's truthful and if it was even bought by him at all. Remember you always have to think why a "billionaire " is giving out free advice.
Hallelujah!!!! The daily jesus devotional has been a huge part of my transformation, God is good 🙌🏻🙌🏻🙌🏻🙌🏻🙌🏻was owning a loan of $47,000 to the bank for my son's brain surgery (David), Now I'm no longer in debt after I invested $12,000 and got my payout of m $270,500 every months,God bless Ms Evelyn Vera🇺🇸..
Only God knows how much grateful i am. After so much struggles I now own a new house and my family is happy once again everything is finally falling into place!!
It’s always a “success story” from him but why isn’t he probably talking about the properties og his that arent doing well. Would sure like to know about that!
I'm a small-time landlord for 12 years. What is the realistic financial scenario for the prior owners of this unit? I'd imagine they are using LLC or S corps but a $50 million dollar loss on a $140MM property seems like it could wipe you out even with those protections. I would guess they had a loan for $104MM. Or is most the loss just borne by the syndicate investors?
He is talking about buying real estate through financing which requires a certain amount of rental income each month to pay the mortgage and other expenses. Capitol growth is acquired through long term ownership due to inflation and other factors.
Maybe….however it could go the other way. If the cost of money goes down, (lower interest rates), then the value of the property goes up. As Ken says, you are solving for cash flow. If, however, the cost of money goes up, ( higher interest rates), then the value of the property goes down. Who determines interest rates? The Federal Reserve determines interest rates based on the bond market. The bond market comes down to supply and demand, just like any other market. The Feds have to sell debt. If there is demand for our debt, then interest rates go down. If there is little demand for U.S. debt, then interest rates go up to attract buyers. Which way do you think interest rates will go from here?
The property may have been overpriced to begin with. Not sure if it was ever worth what they were originally asking. This is normal for a new development that the owner is trying to sell. You’re likely getting a market value deal and not a great deal. Nothing wrong with that.
Ken gives away so much inside knowledge in these things...there is "one thing" that can still derail all this wisdom, a continuation of rate increases due to stagflation and "war"/out of control spending fiscally.....the reason we are staring into WW3 has much to do w/ too much debt and the default coming real soon, every govt wants an excuse to avoid Asian Crisis 1998. Timing of that BRIC summit last week is not coincidental, that 3/4 plus of the world wants a different denomination for their goods/services, which logically, would turn US into a Japan somewhat, printing massively due to a lack of reserve currency status...
The information here is something you can very quickly. There is no inside knowledge that will make you rich. He has made assumptions about the economy going forward that might be way off. We are still in a bubble, it has not burst.
I'm paying $60,000 for a lot to build a duplexes on and the duplexes cost me $250,000 to build. I'm getting $1700/mth per side. Life is good. Thanks for your information and we always have to think outside the box.
how does the bank look at the money(equity)that is "borrowed' from the investor? Do the investors have to take a second position on the property initially? What happens if things go south and you have to sell and/or in a really bad scenario the property gets foreclosed on in the case of the economy changing and suddenly the cash flow doesnt cover the bills...
@alabd9010 i understand what you say. Yet Ken would also be paying a 6% mortgage rate on 90 million. In that case renting wouldn't be enough to cover the mortgage
What’s your plan for the layoffs that are continuing to mount up by the thousands every month? (Anytime I ask a question in a room full of monkeys all I get is silence.)
And he borrowed 90 million he didn’t have ….. Genius! You ain’t playing the long game …you’re playing the LOTTERY LOL! Imagine having to rely on 300 tenants to make ends meet… 😂
In simple terms, this purchase was an epic mistake! With the pandemic and mass acceleration of deaths currently and coming in the next 12 to 36 months, they won't be able to rent these units out for a decent rate as there will be an over supply of properties. Check back in 36 months time and I'll be spot on.😅
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Asking a real estate agent whether you should buy a home right now is like to asking an alcoholic whether they think you should have a drink lol. Homes in my neighborhood that cost around $450k in sales in 2019 are now going for $800k to $950k. Every seller in my neighborhood is currently making a $350k profit. Simply unreal. In all honesty, deflation is what we require. The only other option is for many people to go bankrupt, which would also be bad for the economy. That is the only way to return to normal.
Home prices will come down eventually, but for now; its best to offset some of your real estate investments and get into the financial markets or gold. The new mortgage rates are crazy, add to that the recession and the fact that mortgage guidelines are getting more difficult. Home prices will need to fall by a minimum of 40% (more like 50%) before the market normalizes. If you are in cross roads or need sincere advise on the best moves to take now its best you seek an independent advisor who knows about the financial markets.
Personally, I can connect to that. When I began working with Sophia Maurine Lanting’, a fiduciary financial counsellor, my advantages were certain. In these circumstances, I would always advise getting professional help so they can steer you through choppy markets and just give you indicators and strategies for knowing when to enter and exit the market.
@@sharonwinson-m8gthey will not drop by 40 or 50%. The cities and counties have budgets that require the higher values.
Please can you leave the info of your investment advisor here? I’m in dire need for one
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’ Sophia Maurine Lanting” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
Tax laws can be so complex, and it’s super helpful to break them down like this. Understanding how different policies can impact our finances is crucial for making informed decisions.
Making profitable investments during this time of political change can be risky without that insight. For me, working with an adviser is the best first step to navigate these complexities and make informed choices.
I think having an investment advisor is the way to go. I've been with one because I lack the expertise for the market. I made over $490K during the recent dip, highlighting that there's more to the market than we average folks know.
Hmmm this is quite interesting, Please can you leave the info of your investment advisor here? I’m in dire need for one.
Nicole Anastasia Plumlee can't divulge much. Most likely, the internet should have her basic info, you can research if you like.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get.
Asking a real estate agent whether you should buy a home right now is like to asking an alcoholic whether they think you should have a drink lol. Homes in my neighbourhood that cost around $450k in sales in 2019 are now going for $800 to $950k. Every seller in my neighbourhood is currently making a $350k profit. Simply unreal. In all honesty, deflation is what we require. The only other option is for many people to go bankrupt, which would also be bad for the economy. That is the only way to return to normal.
Home prices will come down eventually, but for now; its best to offset some of your real estate investments and get into the financial markets or gold. The new mortgage rates are crazy, add to that the recession and the fact that mortgage guidelines are getting more difficult. Home prices will need to fall by a minimum of 40% (more like 50%) before the market normalizes. If you are in cross roads or need sincere advise on the best moves to take now its best you seek an independent advisor who knows about the financial markets.
indeed the mkt & economy has gone berserk, price of great assets like real estate, dividend paying stocks, or gold never comes down easily, in my humble opinion, buy what you can afford today, and working with a financial advisor certainly helps
impressive gains! how can I get your advlsor please, if you dont mind me asking? I could really use a help as of now
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Rebecca Nassar Dunne” and her performance has been consistently impressive. She’s quite known in her field, look-her up.
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
I'm an amateur with a portfolio of 370k and I've got some real estate holdings too, but it's hard for me to build confidence. I want to invest another 70k over a one month span, but I want to be strategic about doing it so I can grow more and not stay stagnant. Any suggestions?
Not offering any particular advice, but I can assure you that it's not as hard as many people think it is. Ordinary investors lack the requisite level of diligence, so having a financial advisor on board is usually highly beneficial. In the market, this is how people generate enormous profits.
I agree. There's a lot of potential in the market. My friend introduced me to a financial advisor in 2021, and even though I was skeptical, I went on. I finally was making enough monthly dividend to quit my soulless job and pursue my dream to start a restaurant in New Jersey.
That's really great. I've tried doing some research myself to hire a financial advisor, but it's really overwhelming. Could you recommend who you work with, please?
"Melissa Elise Robinson" is the licensed advisor I use. Just research the name. You’ll find necessary details to work with to set up an appointment.
Thank you for the recommendation. I'll send her an email and I hope I'm able to connect with her
I'm reading a lot of negatively charged people on here ! Whats with the hate .
This is commercial multifamily real estate . Get it .
Its very high level . Out of 1000 people maybe 4 can do this ; 4 or less at kens level . Wrap that around your negative talk people!!
Ken has a kind heart and is teaching everyone parts of the game . Theres levels to this
Real estate industrial complex is screwing this country , pays no taxes and needs inflation to survive - it a Ponzi scheme
I bought a few multi family places this year! Great buy!
I'm 39 and have almost saved enough for a down payment on a decent house. However, I'm second-guessing my decision because home prices are higher than I budgeted, and I’m worried about a potential market crash. Am I better off putting my spare cash in stocks and waiting for housing prices to drop, or should I go ahead and buy a home now?
Stocks can offer way higher returns in the short term, but it's also more volatile. If you feel confident in your ability to navigate the stock market then it might be a better option
Two years ago, I was in a similar situation and ultimately decided against buying a home since I was comfortable in my rented apartment... That turned out to be a great choice because now, I make close to 15 grand a month from it! If you have the time, I recommend doing thorough research on how to go about this process safely... Alternatively, consider working with an expert, like I eventually did, to help avoid costly mistakes, especially in the early stages... Good luck...
been considering going into this for sometime now. heard its a nice way to make some extra funds. how do you get a competent expert and how expensive are they
@wonderfully_madeJake You should begin by seeking out individuals with strong records... Also make sure the person is registered... Personally, I use Marie, Kelly Matwick. She's not so popular but you might have heard of her. And they're usually way cheaper than you would expect in the US...
small world. met this lady at our country club weeks ago. had to go to her page to confirm that i wasn't mistaken. really small world
I remember in 2007 when I was working in real estate seeing people buy homes new from builders with the intention of selling before close of escrow to a new buyer for profit. The crash was so brutal and fast that I remember seeing a lot of these units foreclosed on with the builder plastic still on the carpet.
Most people find it difficult to handle a fall since they are used to bull markets, but if you know where to look and how to maneuver, you can make a size-able profit. Depending on how you intend to enter and exit, yes.
This could be huge for both buyers and sellers. If it’s as significant as they say, we might see shifts in housing affordability, interest rates, or even inventory levels across the country.
I wonder if this will impact property values in certain areas more than others. Sometimes major events in real estate create big regional differences, especially in places where prices have been skyrocketing.
If this event affects mortgage rates, it could really change who can afford to buy. For some, it might open up new opportunities, while others may find it harder to enter the market.
Investors must be watching this closely. A big change could mean a shakeup in the rental market or even impact commercial real estate, so they’ll likely be adjusting their strategies
I’m curious how this will affect people nearing retirement who planned to downsize. If there are big shifts in real estate, it might change their plans or the timing of selling their home.
This could also impact long-term renters. If property prices or availability shift significantly, it might mean changes in rental rates or availability, especially in high-demand areas.
Can I just say what a great guy Ken is and how grateful we all are that he makes these informational videos to educate us?
On behalf of millions of youtube users, thank you Ken!
I Hit 110k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started last month 2024. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject. thanks to Brooke Grace Miller for helping me achieve this
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.
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.
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'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
Congrats Ken, could you do a video on breaking down the financing and numbers? For educational purposes, thank you
I think it's time to make it more appealing for potential buyers. Real estate can be quite the rollercoaster! the stress and uncertainty are getting to me. I think I'll cut rents to attract potential buyers and exit the market, but i'm at crossroads if to allocate the entire $680k liquidity value to my stock portfolio?
"Overall, buyers hold a lot of the cards right now, and sellers are having to give out more concessions to close a deal." All the best, buying on sale is actually one of the best ways to invest in stocks, and advisors are ideally suited for such task
Until the Fed clamps down even further I think we're going to see hysteria due to rampant inflation. If you are in cross roads or need sincere advise on the best moves to take now with financial markets will be best you seek a fin-professional with fiduciary responsibilities who knows about mortgage-backed securities for proper guidance.
@@mellon-wrigley3 That does make a lot of sense, unlike us, you seem to have the Market figured out. Who is this consultant?
My CFA Izella Annette Anderson a renowned figure in her line of work. I recommend researching her credentials further.
I appreciate you sharing this. When I looked up the woman you named and read through her credentials, it was obvious that she was a complete professional. I just need her to respond to the message I wrote her.
Really appreciate you giving your time to help others!
I've watched a bunch of your videos over the past few years, but this was one of my favorites. "The math is the math is the math." So true.
DANG. That's a nice property. Congratulations 👏👏👏
I am 22 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, investing with the help of an advisor set me up for life. Retired with about $1.6m in stock portfolio only. I worked hard everyday as a teacher for 32 years, and my salary was over 100k annually. Supplementing my income with stocks and alternative investments helped me achieve early retirement.
@@justamanwithbeliefsI've worked in real estate for over 25 years and have neglected a major stock portfolio. This served me well when I was flipping and renting houses, however I need a different plan now.. mind if I look up the professional guiding you please?
I've worked in real estate for over 25 years and have neglected a major stock portfolio. This served me well when I was flipping and renting houses, however I need a different plan now.. mind if I look up the professional guiding you please?
Katherine Nance Dietz is the licensed advisor I use. Just google the name and you’d find necessary details. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
Real Estate provides cashflow, tax benefits, equity building, competitive risk-adjusted returns, and inflation protection on its own. Whether you invest in physical properties or REITs, real estate may help you diversify your portfolio and reduce volatility. Dividends are what got me into investing in REITs, great way to secure the accumulate wealth, I hold AMT, CCI & PSA. $290k in profits made in 2022.
Consistently investing in high quality dividend paying REITs & companies over the long term is a relatively easy strategy to create generational wealth. My "boring" REITs portfolio paid me over $4,000 in dividends last month.
Time to focus on high-value plays with discounted dividend stocks! I'm forever grateful to my CFP. I now have a six-figure REIT portfolio, including stocks like AMT, SPG, and PSA. Currently, I own 606 shares of AMT, which brings in $3,800 annually in dividends.
I want to play the long term game with well diversified fund. Please how can i reach this CFP of yours?
I'm been guided by "Melissa Terri Swayne" who is widely recognised for her competence and expertise in the financial market. She has a thorough understanding of portfolio diversification and is regarded as an authority in this field.
Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
Thank you very much ! Ken McElroy Thank you very much!
Ken, very inspiring video. Love the walk and talk style, with the beautiful property showcase you've done here.
awesome breakdown ken! can you do a video on some tips and tricks of how to make deals work in more appreciation based markets like phoenix, Florida/tampa etc? where cash flow is much less generally?
A key factor often overlooked is that over 25% of new homes are being acquired by investors, rather than individuals seeking primary residences. Even if Baby Boomers decide to offload their properties or more housing stock enters the market, it won’t alleviate the underlying issue. Wealthy investors will continue to absorb the available inventory, which will keep home prices elevated.
This was a great mini course on purchasing .. and not purchasing.. 🎉great info
I found the smaller the size the more personal it becomes and the more attached sellers are to the price and the tighter the grip they have. Unless they're in big trouble their pricing expectations are higher than group or corporate owned property. I've had individual sellers say "I don't care" when presenting facts, data, comps, and numbers, which support the offer price solidly.
I love this guy he is so Honest
Great Video, we need more like this. Thanks Ken
@Kevin McElroy, 😢I’m not seeing prices go down at all in the Chicago area nor the Midwest area. We are in our 60’s. Lost our home during the last crash and have not been able to buy since. We would really like an opportunity to move out of our daughter’s house but I can’t see the rainbow amongst this storm. What is your prediction for the Midwest and the cost of housing?
I live in Scottsdale. Hope I run into this guy someday. Would love to mentor under this legend.
Never stop posting please
How much money did you have to come to the table with at closing?
At least 25% if not 30% or 35%
What was the purchase cap rate? What were the terms of the debt? Did you do a bridge loan or long term debt? What is the interest rate, fixed or floating, interest only or amortized principal and interest, maturity date, loan to cost, loan sizing, LTV and DSCR requirement. Does it produce a positive cash flow after including the full debt service from amortization (interest and principal payment)? What is the cash on cash return on the hard equity?
Thanks Ken Happy Saturday
Ken, you previously said supply of units would start tightening beginning in early 2026. Now you are saying that will happen in early 2027. What changed? Why the shifting out of a year in the timeline?
Ken is human just like all of us. You should go back and listen to some of his videos from during covid. A lot of his projections and assumptions are wrong
Thank you! Congratulations on your new property!
I was in Vegas last year and noticed many new nice places and said to myself, damn they built this with today's interest rates. No way, they got a good deal at these prices to build.
I love this pitch deck model! Once again, Ken, you and your team's creativity never ceases to amaze. Are you hiring?😁
It's time to acknowledge that a return to 3% mortgage rates may be unrealistic. If homeowners are forced to sell, we will likely see a drop in home prices, leading to lower property valuations. I know I'm not the only one who shares this outlook.
I also believe the government may resort to increasing the money supply and reducing interest rates to stabilize the economy.
Thank you.
Thanks for the reminder.
in CA cap rates have not gone up and are still well below commerical mortgage rates...
This is a true Real Estate masterclass..
Great content Ken. Wish you well
Location. Location. Location. Nice deal!
Love it ,, I’m working so hard to be an acredited investor so I can partner and learn with MC capital 😊
What rates are you using and amortizations to underwrite your deals? Are you underwriting it as a 25 year amortization and 5% mortgage rate?
Gorgeous! Congratulations 😊
Ken, how did you structure the deal?
Congratulations! 🎉Property and numbers look great! 👍🏻
Congrats on the pick up!
I've got £100k to invest. I want to build a nest egg for when I'm older. I want to know if it's a good idea to add all my savings into a long term ETF, set and forget Come back in 20-30 years, instead of 250-300 DCA every month. Which ETF would you recommend?
the hottest stocks in recent years have been in the technology and communication industries, most investors find it easier to build their portfolios utilizing a financial advisor, perhaps you can do the same
This why I’ve been waiting for a correction. Cash flow is almost zero in residential housing. Prices have to come down to be worth the purchase.
Congrats!!! Great Content! ThnX!
Its just crazy to think cost to build apartments is $250k-$300k per unit
What's your minimum amount of cash flow per unit per month you aim for?
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Brooke Grace 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
I don't trust any of these gurus untill i would get to see the numbers. How does he finance the purchase, how high are rents.
Remember that he’s a RUclipsr and he has to do videos in order to make money so you will never know if he purchased the property or not ….so call it what you want fallacy ,fake that’s the way it is , don’t believe in anything you see on RUclips 😎
So it dropped basically 50%, serious discount!
So assuming you got a loan on this that the terms are 3 or 5 or 7 years fixed and at the end of that term let’s just say interest rates go even more up Then technically you could default . Is that correct and if so what would you do
Nice property, just good deal 👍
How do you get long term financing on projects like this? Typically they adjust every 3 to 5 years which can crush an investor
Hey. That building is right near my house 🏠…
Break down the rents ,etc. It's very hard to trust that the building will pay itself out from rents
He’s doing additional add-value and plus appreciation.
When i listen to him he says we bought it. How the purchase was financed is key. Yet he's speaking vaguely about the financing. If it's a mortgage, crowd funding or cash makes a huge difference and the difference between being profitable or not. Also he doesn't go into details about the sellers, when they bought it ,why they cannot do the same financing he does. Some key explanation are left out and without breaking down numbers there's no way of telling if it's truthful and if it was even bought by him at all. Remember you always have to think why a "billionaire " is giving out free advice.
Nice property indeed
Hallelujah!!!! The daily jesus devotional has been a huge part of my transformation, God is good 🙌🏻🙌🏻🙌🏻🙌🏻🙌🏻was owning a loan of $47,000 to the bank for my son's brain surgery (David), Now I'm no longer in debt after I invested $12,000 and got my payout of m $270,500 every months,God bless Ms Evelyn Vera🇺🇸..
Only God knows how much grateful i am. After so much struggles I now own a new house and my family is happy once again everything is finally falling into place!!
I do know Ms. Evelyn Vera, I also have even become successful....
Hey 👋please can you aid me on how to connect with her services???
Same,l met Evelyn vera for the first time at the conference in Manchester, after then my family change for the best, God bless Ms Evelyn vera
Hallelujah.God still works wonders. place myself in position for such miracles and testimonies
This is Arizona. How about rest of the country. Particularly Vegas….will it go down ?
It’s always a “success story” from him but why isn’t he probably talking about the properties og his that arent doing well. Would sure like to know about that!
Not good advertising.
He has talked about other deals when things weren't so good . He also learned from the experience
Because it’s fake ,this is just entertainment
I'm a small-time landlord for 12 years. What is the realistic financial scenario for the prior owners of this unit? I'd imagine they are using LLC or S corps but a $50 million dollar loss on a $140MM property seems like it could wipe you out even with those protections. I would guess they had a loan for $104MM.
Or is most the loss just borne by the syndicate investors?
Why would cash flow be the only reason to buy real estate? What about capital growth
He is talking about buying real estate through financing which requires a certain amount of rental income
each month to pay the mortgage and other expenses. Capitol growth is acquired through long term ownership
due to inflation and other factors.
90 million will, in hindsight, turn out to be catching the falling knife.
Maybe….however it could go the other way. If the cost of money goes down, (lower interest rates), then the value of the property goes up. As Ken says, you are solving for cash flow. If, however, the cost of money goes up, ( higher interest rates), then the value of the property goes down. Who determines interest rates? The Federal Reserve determines interest rates based on the bond market. The bond market comes down to supply and demand, just like any other market. The Feds have to sell debt. If there is demand for our debt, then interest rates go down. If there is little demand for U.S. debt, then interest rates go up to attract buyers. Which way do you think interest rates will go from here?
If it cash flows it cash flows.
How is it profitable for you now then?
The property may have been overpriced to begin with. Not sure if it was ever worth what they were originally asking. This is normal for a new development that the owner is trying to sell. You’re likely getting a market value deal and not a great deal. Nothing wrong with that.
Ken gives away so much inside knowledge in these things...there is "one thing" that can still derail all this wisdom, a continuation of rate increases due to stagflation and "war"/out of control spending fiscally.....the reason we are staring into WW3 has much to do w/ too much debt and the default coming real soon, every govt wants an excuse to avoid Asian Crisis 1998. Timing of that BRIC summit last week is not coincidental, that 3/4 plus of the world wants a different denomination for their goods/services, which logically, would turn US into a Japan somewhat, printing massively due to a lack of reserve currency status...
The information here is something you can very quickly. There is no inside knowledge that will make you rich. He has made assumptions about the economy going forward that might be way off. We are still in a bubble, it has not burst.
What happens to your commercial properties when your forced to find a new mortgage every 3-5 yrs at higher interest rates?
It's cheaper for me to build new than buying older buildings
I'm paying $60,000 for a lot to build a duplexes on and the duplexes cost me $250,000 to build. I'm getting $1700/mth per side. Life is good. Thanks for your information and we always have to think outside the box.
I wonder why the seller sells it, if it cashflows from day one for Ken. It should cash flow for seller too.
Not if the seller had higher carrying costs
So it’s not a fix rate this seller had on this property…..is it only adjustable rate for properties like the apartment ?
Why did the owners wanted to sell the property?
why is the seller selling it then?
Cuz they bought it at the high and they cannot service debt!. Basically buy high sell low.😢
Nice to see you are square take care of your health now
So many tenants driving 100k cars lol
how does the bank look at the money(equity)that is "borrowed' from the investor? Do the investors have to take a second position on the property initially? What happens if things go south and you have to sell and/or in a really bad scenario the property gets foreclosed on in the case of the economy changing and suddenly the cash flow doesnt cover the bills...
He is buying because real estate is going to skyrocket
The word smart = Spay. Smart Phone = Spy Phone and Smart Home = Spy Home
he is too early. once deportation starts and unemployment skyrockets, the value will go down further.
If the whole building is from one seller and rents are good etc. Why would he be selling it to you cheap if renting is profitable.Doesnt make sense
Commercial Loans are only for 5-7 years. Their loan probably came due and the new interest came back at market rate
If they bought with a 3% rate, and the new rate was 6% their debt service (mortgage) doubled
@alabd9010 i understand what you say. Yet Ken would also be paying a 6% mortgage rate on 90 million. In that case renting wouldn't be enough to cover the mortgage
@@bubaba8938 well 6% on $90 million depends on the down payment Vs 6% on $142 Million
Listening to these comments 😮
This is high level real estate . Lots of moving parts are happening. Sometimes it's better to listen than assume
What’s your plan for the layoffs that are continuing to mount up by the thousands every month? (Anytime I ask a question in a room full of monkeys all I get is silence.)
This guy doesn't have any money, he's a paper billionaire with debt to the eyeballs. Quit feeding this fool your money!
High end rentals, just seems like your asking for it
None of this applies to single family homes / condos
And he borrowed 90 million he didn’t have ….. Genius!
You ain’t playing the long game …you’re playing the LOTTERY LOL!
Imagine having to rely on 300 tenants to make ends meet… 😂
Renters, who wants to bet your rents will go up significantly in the very near future?
As long as there are stupid people, there is always an opportunity to make money. Be patient and spend as little as possible
I hope they pass pass the law that forbids such large purchases, you people been blood sucking the Nation dry. Bad Karma.
Real estate industrial complex is hideous
@@bleacherz7503 True, Other countries have laws on rents, and is Caped.
Kenny... what if we hit a depression??? you may have overpaid...
Thats why he makes sure it cashflows from Day 1. Even if the price does go down he can hold on and wait for the equity to grow and won’t be distressed
@@KyserMontwhat do you think happens to renters when a crash hits?
great, i just need 92 million dollars
i like the profile pic, wearing a cheap uber driver jacket
So much fake , show real numbers and title
In simple terms, this purchase was an epic mistake!
With the pandemic and mass acceleration of deaths currently and coming in the next 12 to 36 months, they won't be able to rent these units out for a decent rate as there will be an over supply of properties.
Check back in 36 months time and I'll be spot on.😅
Thanks for teaching me in reverse😂