The spouting whale gets the harpoon. Wow. Just got your books in the mail and the audio books as well I’m going to do my homework thank you Phil for all you do.
My humble opinion of your points in the video according to my own experience at many REI clubs: 1. CORRECT. 2. CORRECT. 3. CORRECT. 4. CORRECT. 5. CORRECT. 6. CORRECT. 7. CORRECT.
Hey Phil I met a real estate investor that had a 100 unit portfolio and he told me to watch all your videos, but I already have aha. Good to know a multimillionaire recommended you
HELLO PHIL. ANOTHER GREAT VIDEO FROM YOU, AS USUAL. I FILLED OUT THE APPRENTICE APPLICATION FORM ABOUT A WEEK AGO AND NO ONE HAS GOTTEN BACK TO ME. I WANTED TO GET MORE INFO ON IT.
My rule of thumb over the past 15 years is to only invest your own money in investments that you have complete control over. Pooling your money puts you in a position whereby you don't have complete control. You may have some voting rights, maybe, but not complete control. I don't buy publically traded stocks or investments such as that either. All of my investments are 100% owned by me and I have complete discretion as to what I do with them (meaning, I can sell them anytime I want if I have a better investment to move into).
Anyone can launch a crowdfunding platform so only consider the rare few that are already big, have a significant track record and have a huge list of people who will join in funding a deal. Also, work with one that specializes in residential. Most are going the commercial route. Lastly, most of the very biggest crowdfunding platforms admit that they fund less than 5% of the deals submitted to them so expect to be left high and dry. Hard Money Lenders that already have a pile of money to lend are usually a safer choice.
Good to see another one of your videos! I been door knocking absentee owners with 90+% equity. 50 a day. Got several irons in the fire. I'm hoping I can close one before Christmas! That would be great!
Phil my father owns a small construction company with lots of experience here in Florida, he has done a lot of construction work for other investors flipping homes. We are now trying to invest ourselves and we are looking for homes to invest in using your creative real state investing techniques. Should we look for homes that need a lot of work done or only cosmetics? (His company has over 8 years of experience, he can do any type of big or small construction but idk what's best for us) THANK YOU!! IM A BIG FAN AND FUTURE OFFICIAL STUDENT OF YOURS!
A few years back. I went to a opening to a REI Club here in Irving, TX. In order to actually join I had to put in money. I was going to join until I had a run in with the President of the club. I use to listen to his Podcast all the time, and he was always talking about meeting and greeting. So I decided to email him and try to connect with him. Instead he blasted me on his weekly show, not once but twice. So in short, the only way he wanted me contacting him is if I actually join. I learn the hard way. Now I just don't go to them club meetings.
How would you define a "hot spot"? Primarily, the biggest and best diamonds are usually in your own backyard. This video explains: ruclips.net/video/80pq7BLJeWA/видео.html
Phil Pustejovsky If you are familiar with Tai Lopez at all he always refers to hot spots as up and coming locations where it's a good investment to buy properties. will check out the vid thou thanks
Most successful real estate investors are not speculators who buy properties in locations that they predict are going to go up in value. This video explains the concept that humans are horrible forecasters: ruclips.net/video/D4JL4PxK3_o/видео.html You either buy under value or you buy right for cash flow, or both. If an area is "hot", that's just icing on the cake; not the core reason to invest in that local. Sounds to me like whoever provided that advice is not a full time, extremely successful real estate investor.
Phil Pustejovsky thats interesting, I sometimes mistakenly fall into the habit of seeing someone who is very successful and taking everything they say as gospel. However what you said makes sense. Tai recently released a real estate program that costs around $500 bucks and I almost purchased it but I feel as though I can gather all of that information and more from just watching your videos. Thanks so much Phil for speaking with me. I'm graduating from college in 2 weeks and I'm actually getting my real estate license next month as well just to learn more about properties. I really appreciate you and your channel. : )
There is a whole lot of "noise" online in regards to this business. It is very hard to find the signal. This video explains that issue: ruclips.net/video/xyBlqOFzEw4/видео.html
I've been to various trainings and programs over the last 12 years. I like your approach, I respect the fact that you give a lot information without charging a ridiculous fee for a bootcamps focused on good people's savings, I am currently on the path to success but I have been taken advantage of when i first got started by a few gurus, RUSS WHITNEY, ROBERT KIYOSAKI, THAN MERRILL. I've met people who spent their money to learn and had no money left to invest with because of the tremendous cost of some of those "trainings" I now know better and am silent in many ways that you have explained. Thanks Phil, this is a very informative video!
Hi Phil, I've watched some of your videos, and correct in that you have to make sure you connect with a legit club. 3 things I noticed about joining members and the clubs are: 1) I don't mind paying the money for training, as long as the training is great (everyone has to pay for knowledge, one way or another); 2) It is a great networking opportunity, just like you said; and 3) A lot of people expectations are way to high when they join a club - they want success right away, and when it doesn't happen, they cry foul at the club. I believe of someone really listens and learns, and then applies the techniques, then those people will be successful in this venture, and the club would have been a great resource for them. Of course there's always going to be competition, but it's the individuals who really work hard and hustle, and apply their knowledge, that are going to win. There are always people selling homes, and not all those people want all cash right away, their willing to work out deals, it's up to how good the investor is at explaining this, and making sure it's a win-win for everyone involved. Honesty, respect, and due diligence go along way in getting and finding deals. I just want to let people know, that there are legit clubs. Don't get discourage, and make sure your listen, and work hard and creatively. Love your videos Phil!
The spouting whale gets the harpoon. Wow. Just got your books in the mail and the audio books as well👂🏻👂🏻👂🏻 I’m going to do my homework thank you Phil for all you do. 👍🏼👍🏼👍🏼
Hi , I live in Italy , can you help me to get start to invest? I would love to do some real estate investing , would you give me tips for Italy... I'm motivated to do everything it takes to reach my goals. Please I need a feedback
Isaac West, Donald Trump is a commercial developer. And yes, that means building new buildings from ground up. He specializes in hospitality meaning hotels and resorts. Phil is a residential real estate investor from what I can tell and specializing in redevelopment or rehab and wholesaling. Probably also fix and flips.
Hey Phil! I recently went to my local REIA for wholesaling for beginners. It was not as informative as I thought it would be. They did, however mention a couple of creative ways to go about getting the deal under contract, many of which you've already explained in other videos. It was an overall great experience and I got to meet a lot of vendors in my area. But my concern is - and I'd like to hear your opinion on it - is that they also mentioned a VIP Program, sort of like a mentorship program, in which you will pay 1k to be directly mentored by the club president and another 2 veteran investors for 3 days (and of course there's more to it than that). But is that something worth paying for in your opinion?
Watch these two videos and you'll have your answer: (1) Choosing the Right Real Estate Investing Mentor: ruclips.net/video/9-VwgbqHwVc/видео.html (2) Is a Real Estate Mentor Right for You?: ruclips.net/video/Vgczzya5ABQ/видео.html
HI, I HAD SEEN YEARS AGO IN ONE OF YOUR VIDEO HOW YOU EXPLAIN ON A WAY YOU CAN PROTECT YOUR PROPERTIES FROM OTHER PEOPLE. I CAN REMEMBER YOU SAID THAT IT WOULD NOT BE NECESSARILY UNDER YOUR NAME IF SOMEONE ELSE WOULD LOOK IT UP AND YOU COULD AVOID POEPLE FROM TRYING TO TAKE ADVANTAGE OF IT AND PUTTING A LAWSUIT ON YOU. THANKS I APPRECIATE IT.
I guess I'm curious why you are helping others become investors (competitors) after this video. What is the reason you are making such great, helpful, encouraging videos?
Hey no disrespect but you need a new camera. It will help you be taken more seriously, although I do others might look at the video quality and click away from your video. The Best, Josh
![FNAF vs TF2 - Episode 2 [SFM]](http://i.ytimg.com/vi/z5b3V2-VLb0/mqdefault.jpg)
The spouting whale gets the harpoon. Wow. Just got your books in the mail and the audio books as well I’m going to do my homework thank you Phil for all you do.
Awesome! Let us know if we can help in anyway
My humble opinion of your points in the video according to my own experience at many REI clubs:
1. CORRECT.
2. CORRECT.
3. CORRECT.
4. CORRECT.
5. CORRECT.
6. CORRECT.
7. CORRECT.
Hey Phil I met a real estate investor that had a 100 unit portfolio and he told me to watch all your videos, but I already have aha. Good to know a multimillionaire recommended you
Thank you...
HELLO PHIL.
ANOTHER GREAT VIDEO FROM YOU, AS USUAL.
I FILLED OUT THE APPRENTICE APPLICATION FORM ABOUT A WEEK AGO AND NO ONE HAS GOTTEN BACK TO ME.
I WANTED TO GET MORE INFO ON IT.
What about clubs that pool their money to buy property?
My rule of thumb over the past 15 years is to only invest your own money in investments that you have complete control over. Pooling your money puts you in a position whereby you don't have complete control. You may have some voting rights, maybe, but not complete control. I don't buy publically traded stocks or investments such as that either. All of my investments are 100% owned by me and I have complete discretion as to what I do with them (meaning, I can sell them anytime I want if I have a better investment to move into).
I need a mentor so bad. I have people I'm fighting for, I won't let myself lose.
Subscribed. If I could a hundred times over I would.
Thanks for another great video. what is your opinion crowd funding real estate deal sites like crowdstreet?
Anyone can launch a crowdfunding platform so only consider the rare few that are already big, have a significant track record and have a huge list of people who will join in funding a deal. Also, work with one that specializes in residential. Most are going the commercial route. Lastly, most of the very biggest crowdfunding platforms admit that they fund less than 5% of the deals submitted to them so expect to be left high and dry. Hard Money Lenders that already have a pile of money to lend are usually a safer choice.
Good to see another one of your videos! I been door knocking absentee owners with 90+% equity. 50 a day. Got several irons in the fire. I'm hoping I can close one before Christmas! That would be great!
Randy Bills hi Randy did you end up getting a deal?
"How to Be a Real Estate Investor." Sounds like an awesome read! Thanks for sharing.
Great info. This came at the right time
LOVE YOU PHIL!!!! YOU are SUCH an INSPIRATION to us all!! Thank YOU for your knowledge! !!
Phil my father owns a small construction company with lots of experience here in Florida, he has done a lot of construction work for other investors flipping homes. We are now trying to invest ourselves and we are looking for homes to invest in using your creative real state investing techniques. Should we look for homes that need a lot of work done or only cosmetics?
(His company has over 8 years of experience, he can do any type of big or small construction but idk what's best for us)
THANK YOU!! IM A BIG FAN AND FUTURE OFFICIAL STUDENT OF YOURS!
If you already have experience with major rehabs and you have the money and expertise; why not tackle some of the bigger projects?
Phil Pustejovsky thank you, we will meet in a near future!
I took your real estate class, best class ever thank you so much!
hey, I just wanted to ask if you had a video on VA loans and how they stack up against other forms of financing a home. thanks, from a veteran
They are terrific if you can get them.
A few years back. I went to a opening to a REI Club here in Irving, TX. In order to actually join I had to put in money. I was going to join until I had a run in with the President of the club. I use to listen to his Podcast all the time, and he was always talking about meeting and greeting. So I decided to email him and try to connect with him. Instead he blasted me on his weekly show, not once but twice. So in short, the only way he wanted me contacting him is if I actually join. I learn the hard way. Now I just don't go to them club meetings.
Hey phil can you do a video on how to identify hot spots for real estate? thanks
How would you define a "hot spot"? Primarily, the biggest and best diamonds are usually in your own backyard. This video explains: ruclips.net/video/80pq7BLJeWA/видео.html
Phil Pustejovsky If you are familiar with Tai Lopez at all he always refers to hot spots as up and coming locations where it's a good investment to buy properties. will check out the vid thou thanks
Most successful real estate investors are not speculators who buy properties in locations that they predict are going to go up in value. This video explains the concept that humans are horrible forecasters: ruclips.net/video/D4JL4PxK3_o/видео.html
You either buy under value or you buy right for cash flow, or both. If an area is "hot", that's just icing on the cake; not the core reason to invest in that local.
Sounds to me like whoever provided that advice is not a full time, extremely successful real estate investor.
Phil Pustejovsky thats interesting, I sometimes mistakenly fall into the habit of seeing someone who is very successful and taking everything they say as gospel. However what you said makes sense. Tai recently released a real estate program that costs around $500 bucks and I almost purchased it but I feel as though I can gather all of that information and more from just watching your videos. Thanks so much Phil for speaking with me. I'm graduating from college in 2 weeks and I'm actually getting my real estate license next month as well just to learn more about properties. I really appreciate you and your channel. : )
There is a whole lot of "noise" online in regards to this business. It is very hard to find the signal. This video explains that issue: ruclips.net/video/xyBlqOFzEw4/видео.html
I've been to various trainings and programs over the last 12 years. I like your approach, I respect the fact that you give a lot information without charging a ridiculous fee for a bootcamps focused on good people's savings, I am currently on the path to success but I have been taken advantage of when i first got started by a few gurus, RUSS WHITNEY, ROBERT KIYOSAKI, THAN MERRILL. I've met people who spent their money to learn and had no money left to invest with because of the tremendous cost of some of those "trainings" I now know better and am silent in many ways that you have explained. Thanks Phil, this is a very informative video!
You'll appreciate this video: ruclips.net/video/oYKQn9UwDQA/видео.html
Hi Phil, I've watched some of your videos, and correct in that you have to make sure you connect with a legit club. 3 things I noticed about joining members and the clubs are: 1) I don't mind paying the money for training, as long as the training is great (everyone has to pay for knowledge, one way or another); 2) It is a great networking opportunity, just like you said; and 3) A lot of people expectations are way to high when they join a club - they want success right away, and when it doesn't happen, they cry foul at the club. I believe of someone really listens and learns, and then applies the techniques, then those people will be successful in this venture, and the club would have been a great resource for them. Of course there's always going to be competition, but it's the individuals who really work hard and hustle, and apply their knowledge, that are going to win. There are always people selling homes, and not all those people want all cash right away, their willing to work out deals, it's up to how good the investor is at explaining this, and making sure it's a win-win for everyone involved. Honesty, respect, and due diligence go along way in getting and finding deals.
I just want to let people know, that there are legit clubs. Don't get discourage, and make sure your listen, and work hard and creatively.
Love your videos Phil!
The spouting whale gets the harpoon. Wow. Just got your books in the mail and the audio books as well👂🏻👂🏻👂🏻 I’m going to do my homework thank you Phil for all you do. 👍🏼👍🏼👍🏼
Hi , I live in Italy , can you help me to get start to invest?
I would love to do some real estate investing , would you give me tips for Italy...
I'm motivated to do everything it takes to reach my goals. Please I need a feedback
Isaac West, Donald Trump is a commercial developer. And yes, that means building new buildings from ground up. He specializes in hospitality meaning hotels and resorts. Phil is a residential real estate investor from what I can tell and specializing in redevelopment or rehab and wholesaling. Probably also fix and flips.
Well articulated.
Hey Phil! I recently went to my local REIA for wholesaling for beginners. It was not as informative as I thought it would be. They did, however mention a couple of creative ways to go about getting the deal under contract, many of which you've already explained in other videos. It was an overall great experience and I got to meet a lot of vendors in my area. But my concern is - and I'd like to hear your opinion on it - is that they also mentioned a VIP Program, sort of like a mentorship program, in which you will pay 1k to be directly mentored by the club president and another 2 veteran investors for 3 days (and of course there's more to it than that). But is that something worth paying for in your opinion?
Watch these two videos and you'll have your answer:
(1) Choosing the Right Real Estate Investing Mentor: ruclips.net/video/9-VwgbqHwVc/видео.html
(2) Is a Real Estate Mentor Right for You?: ruclips.net/video/Vgczzya5ABQ/видео.html
Phil, how do I access/purchase your creative financing templates?
Go to: courses.freedommentor.com
"this is not a kumbyah session"
😀😁😂😂😂😂😂
HI, I HAD SEEN YEARS AGO IN ONE OF YOUR VIDEO HOW YOU EXPLAIN ON A WAY YOU CAN PROTECT YOUR PROPERTIES FROM OTHER PEOPLE. I CAN REMEMBER YOU SAID THAT IT WOULD NOT BE NECESSARILY UNDER YOUR NAME IF SOMEONE ELSE WOULD LOOK IT UP AND YOU COULD AVOID POEPLE FROM TRYING TO TAKE ADVANTAGE OF IT AND PUTTING A LAWSUIT ON YOU. THANKS I APPRECIATE IT.
LLCs and Trusts. I prefer LLCs but both accomplish the same thing
True, you don't want to sell to another investor but an end user. Your want to sell your burger to a hungry customer.
this guy has a level head!
PERFECT, I WENT TO 2 AND no way, MY SUCCESS IS SECRET, NO ONE KNOW MUCH AND GOES TO GRAB INFO,
I guess I'm curious why you are helping others become investors (competitors) after this video. What is the reason you are making such great, helpful, encouraging videos?
This video answers that wonderful question: ruclips.net/video/Ja_aWvu4HVI/видео.html
Hey no disrespect but you need a new camera. It will help you be taken more seriously, although I do others might look at the video quality and click away from your video.
The Best,
Josh
Aha laughed at his name "rich" lol