You don’t have to pay capital gain if you reinvest the money 👍🏻

This video is pure gold!

Love the zoning aspect! Solid tutorial.

This used to be one of my most watched channels... sadly, it's been a while since i visited it has been a very rough year... i am experiencing one of the toughest phases of my life... Lost a fortune lnvesting in emerging companies. Hopeful, for a turnaround.

@sherryie2

9 ай бұрын

Hi Mike. Any ideas how to reach Gary Joe Wilde? I love the testimonies I have seen about him he seems not to own a video channel here.

@polinaivanova6610

9 ай бұрын

Investing so much in emerging companies is a ridiculously bad strategy you need to balance your portfolio against risk. Investing must be like the healthy food pyramid. BTW, I commend Gary's trading pattern too. Different perspective, different technique

I used to rent a room from a guy that parlayed that 2 bdrm home into a 5 room house, then added 16 rooms with communal areas to avoid certain local laws regarding apartments in phases, and he does quite well.

the problem is, if you dont flip the first investments you make to make profit your just stuck with 1 property...

Super helpful tips! Keeping real estate is a huge one. Flipping is good to start but the more you can control the better

Value add all day! I've bought $460k worth of real estate and it's worth over $800k.

YOU DONT SELL REAL ESTATE!!!!!!!! YOU OWN IT!!!!!!!!!!!!!!!!!!!!!!!!

Sometimes you have to flip to set the next deal up. But he is right, you don’t want to sell everything

@JoyTothesummer

3 ай бұрын

Exactly! he doesn't give enough details in this video. sometimes it's good to sell then to hold, it's like doing stocks

Facts 1,000 %

Thank you. We love you here in CA, the Inland Empire

true great video

Wow all these RE 🏡 vids comes out to this short vid

This is common knowledge! if you don't know this, please don't enter real estate 😂

Solid tips..

1031 refinance cash flow assets keeps going up But the assets gotta keep going up if they value tanks Well then your underwater

Thanks 👍

Good info !! Question here in CA there’s a something called SB9 were your able to split your lot into 2 independent lots. So house on one lot and second house on the other and your able to sell them separate. Would you recommend splitting your lot to build or just building a ADU on one whole lot?

You better check on that owning the house part. New irs rules screw with the in trust laws. Saying it's a capital gain when you die and it's given to your kids. Check it for yourself. In March I believe. Have your million dollar farm in trust for your kids? Not if the can't pay the taxes.

Not all properties can be kept

@brianstaude2783

10 ай бұрын

If you are upside down with out-of-control property taxes.

You still got to pay taxes on the money that is paid by your tenants. Regardless you paying taxes on income that is received.

@buddyrevell511

9 ай бұрын

Yes and capital gains tax is typically lower than total personal income tax.

Thank you!

Or you can “sell” then defer capital gains through 1031 within 180 days. You use capital gain to purchase up to 3 properties, not exceeding 200% of the value of the property that you're selling.

Tell me how to buy my first real estate property

@DogMeatDelicious

Жыл бұрын

Work so you have a down payment saved up and buy your first property. From there the ball starts rolling

@EVNL576

11 ай бұрын

Find a fixer upper and see if you can fix it yourself or with friends but you do gotta have at least $30k if it needs medium cosmetic fixing, good luck.🍀

Thank you always♡

Thank you

You're the G.O.A.T

Epic!

👍 give me some REIT conference suggestions

I’m in need of a hard money, lender, or any investor that would want to work a deal with me I’m sitting on a gold mine need 50,000 and willing to give you 10% annually on your investment

👂 🔥

❤❤❤

He's wrong! sometimes it's good to sell but only if it helps you get a better property. Should be obvious you don't sell all your properties 😂

🔥

I have a question please like this comments and into this how many people here can actually afford to invest in real estate honestly? Is you can afford to invest in real estate like this comment.

@DogMeatDelicious

Жыл бұрын

You don't start by buying 100 properties, you start by buying 1.

@teebo_xrp7251

Жыл бұрын

@@DogMeatDelicious oh my God I really hate low-iq people. I never said or ask anything about people buying 100 properties I asked who can afford to invest in real estate honestly. Some people can't afford to buy one property please use your brain think more critically

Nguyen for the win

👂 💭 🧐🤔 🏡🏠

Who is Uncle Sam? I heard it couple of times

@priestesslucy3299

9 ай бұрын

You could have just googled it 😂 Uncle Sam = US Government

Now I see your point 👉, that's I don't know where to start

What will happen to all of your property if WW3 come?

@DogMeatDelicious

Жыл бұрын

It increases in value?