How to Invest in Real Estate in 2023 (With NO Experience) | Start From Scratch

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  • Опубликовано: 3 фев 2025

Комментарии • 88

  • @suzanneladue5828
    @suzanneladue5828 Год назад +83

    If it's God s will I hope everyone watching this gets a clear plan and no hang ups. Lord, bless everyone with enough money to help others and ourselves .

  • @antoniogardon6524
    @antoniogardon6524 Год назад +90

    The greater the passive income you can build, the freer you will become. Taking the first step is the hardest, but 7 house later living off passive income since June 6, 2016. You’ve got to start taking steps to achieve your goal.

    • @augustaj4080
      @augustaj4080 Год назад +2

      I really want to start something for myself but the problem has always been not knowing where to start. What kind of investment would you advise? And what is the best way to follow it?

    • @RichardMoss-mz8tt
      @RichardMoss-mz8tt Год назад +1

      Thanks for this much appreciated advice

    • @majorgear1021
      @majorgear1021 Год назад

      there is no such thing as passive income.

  • @ElijahMacGillis
    @ElijahMacGillis Год назад +14

    could you maybe make a video on how exactly you build those connections with more experienced investors ?

  • @swellbell1
    @swellbell1 2 года назад +6

    Short and sweet. I love that right to the points.

  • @caribbeangifts
    @caribbeangifts 8 месяцев назад

    I would love to be on your show 8 rentals now and my way to 12.

  • @Huddie400
    @Huddie400 Год назад +4

    You said surrounding yourself with investors. How? Where? Meet up groups? Facebook?

  • @LifeFactsLab24
    @LifeFactsLab24 7 месяцев назад

    I read your book you a real one 💪🏾 heard you on rookie real estate podcast

  • @calise1628
    @calise1628 2 года назад +12

    more straight to the point videos like the please

  • @CarolineSilver-g6t
    @CarolineSilver-g6t 10 месяцев назад

    So useful.

  • @peggycastillo5337
    @peggycastillo5337 2 года назад +4

    Boy I wish there was a start from scratch with FHA and what to prepare for !

  • @dietriamichelle494
    @dietriamichelle494 Год назад +12

    Amazing content. It's just about taking action. I'm a real estate investor beginner. I know it's going to take work, and consistency. Thanks!!!

  • @KBOY1
    @KBOY1 Год назад +1

    When buying homes to renovate and use as a rental - what do you do about property taxes? How do you offset that?

  • @Shelah851
    @Shelah851 Год назад

    Thank you so much for this information

  • @jeffhaines45
    @jeffhaines45 Год назад

    Hi Henry
    I really enjoyed this intro to investing in Real Estate. Was there a strategy you used to get over the trepidation of taking on large amounts of debt to buy these propertties before you really had an exit or monetizing method? I understand that there are risks but perhaps you can do a video on how to avoid pitfalls. I've had really bad experiences with renters, property managers and home falling apart--are these just the necessary evils of this type of investing? thank you

  • @fingerscrossed24
    @fingerscrossed24 Год назад

    Thank you for this! So helpful on our real estate journey!

  • @sainteddie_
    @sainteddie_ 2 года назад +59

    More of these pointed concise videos please. The 1 hour 40 min videos are a tough watch sometimes.

    • @franklinfleming1237
      @franklinfleming1237 2 года назад +9

      Nahhh i like the hour length. I bet you have an hour of chores or something todo while listening. Also if its too long just come for another watch or break it down into two 30 minutes. But i find if its a good topic and discussion length doesn't matter as long as they flush out important ideads and make a framework for application nuance.

    • @MarvinOrieh
      @MarvinOrieh Год назад +2

      @@franklinfleming1237 great point

  • @oa2621
    @oa2621 2 года назад +10

    For me it makes sense to just keep wholesaling to get out of debt then keep wholesaling to build up cash to get into buy and hold.

  • @JuanAcevedo-ip5gn
    @JuanAcevedo-ip5gn Год назад

    Wow! This was incredible content I’m fired up!

  • @leakedavid
    @leakedavid 2 года назад

    Thank you for dropping the great RE entry science!

  • @galaxygolden
    @galaxygolden 2 года назад +4

    I love these bite size videos on relevant topics!

  • @jaredfernandez4319
    @jaredfernandez4319 5 месяцев назад

    I just wondered, if you`ll get a deal that wasnt sold within 3 months, is`nt that bad idea because youre going to get a deal who`s not competitive on the market? does renovation will be enough to improve its market?

  • @marksimon8393
    @marksimon8393 Год назад

    Great video ❤

  • @RyanGriffithLLC
    @RyanGriffithLLC 2 года назад +2

    Thanks for the solid advice. 🤘

  • @shawneking7959
    @shawneking7959 Год назад +1

    But where do i get the money to get the homed

  • @valariethomas2334
    @valariethomas2334 2 года назад

    Thanks for the helpful information!

  • @suzanneladue5828
    @suzanneladue5828 Год назад

    Thank You for the video

  • @ninanina6086
    @ninanina6086 Год назад

    Thank you so much ❤🎉

  • @sarahpiath9607
    @sarahpiath9607 Год назад

    Thanks so much for this Good stuff ❤

  • @jessealfonzo6032
    @jessealfonzo6032 2 года назад +4

    Thank you HW for dropping some amazing content! Keep it coming!! 💯

  • @ajwilson3786
    @ajwilson3786 2 года назад +9

    He fails to mention how he got started with 1000$ and subpar credit, did he use a lenders money?

  • @FIRE_DrNinjaTurtle
    @FIRE_DrNinjaTurtle 2 года назад

    Awesome. Thank you

  • @Moises.Cisneros295
    @Moises.Cisneros295 2 года назад +1

    Bruhh you have me searching for tha 😳

  • @humbertomarin6071
    @humbertomarin6071 Год назад +3

    Why do all of these videos are so vague, do this and this and presto, how did you get the money what did you say or present ? What stats did you research

    • @maalikserebryakov
      @maalikserebryakov 11 месяцев назад

      They want views but they don’t want you competing with them
      Jeut bait. Same is true with investment. Charlie munger himself clarified he and Buffett never say anything useful 😂

  • @daytonandersen361
    @daytonandersen361 2 года назад +1

    Outstanding video

  • @sergiopowell4824
    @sergiopowell4824 Год назад +1

    Sergio waz here

  • @soulfirecreditrepair
    @soulfirecreditrepair Год назад +2

    Great points here! Super simple action items.

  • @cdperry65
    @cdperry65 2 года назад

    Just came across your video.

  • @shawneking7959
    @shawneking7959 Год назад

    Is their a way to make money in real estae but still make it possible for ppl who sell me their grandma property to get it back .but also not effect my money.

  • @314jph
    @314jph 2 года назад +3

    I've asked this before and didn't get an answer: how do you confirm the phone number you are calling is not on the do-not-call list?

    • @jackjack4412
      @jackjack4412 2 года назад

      Watch some other people's video on the do not call list. Some people ignore it. If that's not for you, you'll have to scrub it yourself.

    • @raykingsterling6939
      @raykingsterling6939 Год назад

      What if you called anyway? I'd suggest using a burner number initially.

    • @314jph
      @314jph Год назад

      @@raykingsterling6939 $10k fine in my state

  • @jerryle7
    @jerryle7 Год назад

    Great Info.. Appreciate the Lecture Sir. Definitely educational for me.

  • @gatirafamily9791
    @gatirafamily9791 2 года назад +1

    Great video

  • @chanj2109
    @chanj2109 2 года назад +2

    I'm married and have 2 small children and am starting to save money for a down payment in a large metro area. House hacking isn't an option for us (husband is against it) but how do we afford an income property while on one income? I plan to be home with the kids for 3-4 more years

  • @TBassFactory
    @TBassFactory 2 года назад

    Shout out to NWA from San Antonio! Wps! I remember your episode

    • @EddieP2001
      @EddieP2001 2 года назад

      What's your opinion on the incentives the homebuilders giving. Should we wait for better prices?

  • @Beyondthesurfacewithmichael
    @Beyondthesurfacewithmichael 2 года назад +1

    I have money to invest, but I have no idea where to start?? I have the basic plan on biggerpockets but what do I do from there?

    • @whathapppendtousfly
      @whathapppendtousfly Год назад

      Would education from people who are doing it and break it down into little bite sized pieces help?

    • @Beyondthesurfacewithmichael
      @Beyondthesurfacewithmichael Год назад

      @@whathapppendtousfly I think there's plenty of information out there I was just so overwehelmed with it all, lol. Since I posted my comment, I went into contract on a primary home with the plan of renting after a year. So I needed to take action and start. Thank you for the knowledge you share.

    • @6itcoin717
      @6itcoin717 Год назад +1

      @@Beyondthesurfacewithmichael in the same predicament now, any progress or course of action you’ve taken?

    • @Beyondthesurfacewithmichael
      @Beyondthesurfacewithmichael Год назад

      @@6itcoin717 I purchased a primary property last month. My plan is to live in it for a year then rent it out and buy another property. Rinse and repeat until I can move up to a multiplex and so on. Hope that helps

    • @Beyondthesurfacewithmichael
      @Beyondthesurfacewithmichael Год назад

      @@6itcoin717 My bad for the late reply I thought I replied already, lol. I purchased a new construction SFH and closed at the begininning of March. I used the VA loan and my plan is to purchase another home and rent my current home out after a year of living there (requirement by VA guidelines).

  • @tahirisaid2693
    @tahirisaid2693 Год назад +2

    After selling a couple homes in 2022, I'm anticipating a housing crisis in order to buy inexpensively. As a backup plan, I've been thinking about purchasing stocks. What recommendations do you have for the best time to buy? On the one hand, I keep reading and seeing trader earnings of over $500k each week. On the other side, I keep hearing that the market is out of control and experiencing a dead cat bounce. Why does this happen?

    • @georgestone0123
      @georgestone0123 Год назад

      I concur; I've been in frequent communication with an investing advisor for more than 17 months. I definitely remember needing inspiration to keep my business running after a protracted divorce. I researched licensing consultants, sometimes known as portfolio coaches by some.

  • @alexisbetancourt5562
    @alexisbetancourt5562 2 года назад +1

    Fantastic Episode. Excellent advice on all of the questions. 🙌🏽💪🏽

  • @maalikserebryakov
    @maalikserebryakov 11 месяцев назад

    Reminder less than 0.5%bof people make money in real estate

  • @juliebrown6818
    @juliebrown6818 Год назад +1

    Any real estate agents or real estate investors in the comment section? 👀
    Also can someone invest in commercial real estate?

  • @TristLo
    @TristLo Год назад +3

    A lot of general info that everyone always reiterates. Most folks want to know how to start with that $1k and subpar credit.

  • @fatimohjinadu8769
    @fatimohjinadu8769 Год назад

  • @Brighten-up-sunshine
    @Brighten-up-sunshine Год назад +6

    "If you want to make a permanent change, stop focusing on the size of your problems and start focusing on the size of you!" _T. Harv Eker

  • @AndreCHatchett
    @AndreCHatchett Год назад

    H Wash!

  • @allthecommonsense
    @allthecommonsense Год назад +5

    So…. buy low. Sell high. Wow. Game changer 😴

  • @ThatADUGuy
    @ThatADUGuy 2 года назад +4

    Don't forget to tap into your spouses 401k or like.

    • @raykingsterling6939
      @raykingsterling6939 Год назад

      Do you suggest married couples buying separately?

    • @majorgear1021
      @majorgear1021 Год назад

      Tap into it and then get divorced so you don’t have to repay it!

  • @davidtelyaev2244
    @davidtelyaev2244 2 года назад +1

    First