Went to high school with him and he has always been business minded and I’m so happy to see his success.

@aparnabell8365

Жыл бұрын

What a smart guy!

@Zay13378

Жыл бұрын

Genius marketing lol

@artcampos

Жыл бұрын

I love to hear this!!!!

@juan-ig5gi

Жыл бұрын

🧢🧢🧢🧢🧢

@owenjohnson7447

Жыл бұрын

@@juan-ig5gi Colin Capernicking out here amirite

He's my agent in Ohio, I can vouch for his work ethic. I wonder when he sleeps. He's always on it!

@josh_janus

Жыл бұрын

There he is! Let's get a deal done. Delegation of routine tasks helps a lot.

@ediemoll

Жыл бұрын

😎

@FA9082

2 ай бұрын

I am a real estate investor and he is DEFINITELY lying about something here. Average rental yield in the US is 8% which means if you own property of 100k say you would make 8k a year on it in rent, before deducitng insurance, repairs, mortgage payments, taxes, etc. 50k/month is 600k a year and he said his portfolio is worth 1.5 million so that would mean he is making a 40% yield on his properties which is just impossible. Yh this guy is a LIAR lol 😂

Not surprised! He’s currently my agent in Cleveland and he’s on TOP of everything! Josh is also transparent. Most agent just want to do a deal. Josh will tell you straight up if he doesn’t think it’s a good deal and why. Im also a new long distance investor and he super patience with ALL my questions! Super happy for him. He deserves it.

@josh_janus

Жыл бұрын

Thank you Sarah!!

@Intentionaltia

Жыл бұрын

Nice!

I am a 54 yr old HS business teacher/tax accountant/small Apt investor and I am learning from this 22 yr old entrepreneur!! I know about the s-corp and cost segregation but the real estate estoppel was a gem!! IMPRESSIVE!!

@josh_janus

11 ай бұрын

Thank you Michael!

@robertruschak7083

5 ай бұрын

estoppel Is requested if a lease is not available 👍🏿

He is our agent in Cleveland, Ohio. He is the best in the business guaranteed.

Great video and Josh is the 🐐 man

this is awesome good work Josh!

@josh_janus

Жыл бұрын

Thanks Picky!

This is inspiring! Thank you for sharing!

@biggerpockets

Жыл бұрын

You are so welcome!

@joshjanus2660

Жыл бұрын

Thank you!

wow this is crazy impressive for 22. keep up the good work, Josh!

This man's my realtor this is crazy

Love these stories!

@josh_janus

Жыл бұрын

Thanks!

All respects and Congratulations!!

Crazy! Definitely an inspiration!

@joshjanus2660

Жыл бұрын

Thank you!

Thank you for reinspiring me

Job will pay your bills, business will make you rich but investment makes and keeps you wealthy

Nice the ambition alone is worth the conversation

@josh_janus

Жыл бұрын

I appreciate it

As a full time Uber and DoorDash driver, I’m investing and saving to buy a business. I absolutely love this job because I get to listen to audio books and podcast for 10 hours a day. I get to make money and also grow my knowledge. If you’re in the right market it’s the best job ever. I’ll be 24 soon. I want to buy a business by 26. Good luck everybody

@josh_janus

Жыл бұрын

You got this!! Your journey sounds awesome.

@McRuffin

Жыл бұрын

@@josh_janus thanks :)

@deodarhill

Жыл бұрын

What business you want to buy exactly ???

@McRuffin

Жыл бұрын

@@deodarhill im thinking a smoke shop, laundromat, painting business, or pool route

@deodarhill

Жыл бұрын

@@McRuffin laundromat !! boring dry business but money printer for sure. Read "Zero To One" by peter thiel if you haven't. it is great

Impressive & motivational , I’m fully inspired I’m a current realtor in Texas going on my 2nd year haven’t sold anything yet… mainly because I work a full time job making 73k a year but the advice and strategies I’ve Hurd today I believe this year that’s going to change thank you

@BonneVieFabian

4 ай бұрын

I started my own clinic after years of college. Graduated with plenty of debt and all my life debt. When I started my clinic I was trying to work as a waiter to pay bills . Having two focuses/incomes not good. When I quit waiter job it was extreme do or die. My clinic increased like crazy . You may have some debts. Maybe pay some off or sell so you can put extra stress (do or die)or demands on your brain and real-estate.

Thank you for bringing Josh onto the show! I'm 22 and have been a Doordasher myself, and used a lot of those miles to listen to BP and other podcasters, and I've got a similar drive. As soon as I finish my degrees I aim to purchase my first BRRRR, and hearing about another ambitious kid my age doing a similar thing gives me confidence that I'm not crazy! Thank you BP!

@Convincedllc

Жыл бұрын

Get crazy about your dream, we’re rooting for you

@EaZyGoiN12

Жыл бұрын

@@Convincedllc zzz's 1gs

@Salomon82

6 ай бұрын

Ds

I love how net worth is inversely related to TV size. Note the TV in the background, lol...

@FA9082

2 ай бұрын

lol he doesn't have any furniture bc he's lying about his net worth and income. A real estate investor like myself knows the numbers he's quoting here dont add up at all 😂

Love his approach and how he even schedules time to actively engage on the bigger pockets forums to help others! Goals for sure💯

@josh_janus

11 ай бұрын

Thank you Kell!

Lol love the moose check at the end

Inspiring! I appreciate the young man's hustle!

This is jampacked w/ value. Thank you gentlemen 🙏🏽

@josh_janus

Жыл бұрын

Thanks!

Can’t wait to see where you’re at in 10 years!!! Age ain’t nothing but a number!

Really impressive 🔥

Very impressive for just being 22 years old. Most especially impressed with his tenacity, hard work,and maturity

@josh_janus

Жыл бұрын

I appreciate the kind words David!

@edxander7169

Жыл бұрын

​@@josh_janusplz teach me senpai!! 😢😭

These guys need to speak about more important things from this interview like cost segs. This kid is impressive knowing what cost segs at his age is going to make him a billionaire in no time. You guys should make a video on cost segs and who/how you can use them to grow your portfolio.

@josh_janus

Жыл бұрын

Cost segregations are a great way to save I agree!

Awesome sode fellas!

Dave, don't forget about playing with Tech Decks!

How did josh get his money for the 2nd third 4th purchase?

Hard working, sharp young man! Wish him the best in growing his business, he's ahead of me! Very impressive!

I need to get into this

Great story. Questionable at times but motivating.

@josh_janus

Жыл бұрын

Thank you! What is questionable?

@AutomotiveAnatomy

Жыл бұрын

@@josh_janus Mostly the breakdown on the 50k on 1.5 million of property. What is it that you are profiting at the end of it all? Also, the financing portion of it if you have not had a steady "job" for more than two years.

@josh_janus

Жыл бұрын

@@AutomotiveAnatomy the 50-100k/month is income via commission as an agent. I funnel the majority of that into BRRRR 1-4 unit deals which has built up into a 1.8-2m portfolio of 25 units now. I was nervous for the first deal as I had never taken on a $20,000 - $30,000 renovation before that’s all.

@AutomotiveAnatomy

Жыл бұрын

@@josh_janus Thank you for taking the time to follow up Josh. All things aside, thank you for taking the time to share your story with BPP and continue the great work!

@LuckyMike26

Жыл бұрын

@@josh_janus can you share your gross rent & net profits on those 25 units? Sorry if I missed it in the episode. Thanks.

This guy should watch Pinocchio on repeat 😂

I’m 15 and I’m just watching this so that when I’m older I can know a few tips

Awesome!

@josh_janus

Жыл бұрын

Thanks!

@gihgihs

Жыл бұрын

​@@josh_janusHey how can I work as a real state agente along with you ?

worked with Josh on a deal in Cleveland, the kid is a wizard

@joshjanus2660

10 ай бұрын

Hey Raymond! Thanks haha

He’s my agent! Best service I ever received and was not a sleezy used car salesman like many agents I’ve dealt with in the past.

@josh_janus

Жыл бұрын

Thanks Jack!

@charlesg7926

Жыл бұрын

Translation: he’s attractive, tall and cool. If he was ugly with the same personality you’d say he was sleazy lol. (Not bashing the guy, I support hustling and I’m also really successful, made $311,000 last year. But, looks matter a ton. I have to overcome BS 24-7 cuz I’m short and not as good looking. Thankfully I’m really smart though. And I’m not saying it’s a bad thing, it’s definitely good to look good and it’s a huge plus. Use it to your advantage!)

@thespaniard977

Жыл бұрын

​@@charlesg7926 that's such a lame excuse no one is looking for a perfect guy just the right guy he busted his ass and dedicated his time to it that shit shows action speak louder than word deal with your insecurities and reevaluate your goals man

Tell me how I looked up real estate Tax advantages and came across "Tax strategies for the Savy real estate investor " Then I saw your link and realized i was subscribed to you. I bought your book without even realizing you were the author! 😂😂Ill be reading it soon Bigger pockets❤

Yea, those wrists bands. Was called snap it. That was back in my time too

Josh rules!

@josh_janus

Жыл бұрын

Thanks!

Just looking in the comments and seeing how many people this guy has helped buy houses is crazy

@joshjanus2660

Жыл бұрын

Thank you! It's been fun.

properties averaging 150k but also averaging 5k/month sounds real

The Man, The Myth, The Legend. This is awesome dude !!! This is your go to guy always there when you need him, and ready to help you get that deal. Can’t wait to close on more properties. Really appreciate it man

@josh_janus

Жыл бұрын

My man Chibueze!! Thank you

@indz12

Жыл бұрын

Chibueze, you sabi this guy?

BP y’all gotta be better. Rob picked up on the discrepancy in the numbers but y’all still posted this podcast

The part of the show where Rob is asking the guest if he can work for him reminds me of that scene from Wolf of Wallstreet when they are in the diner and Donnie is asking Jordan to show him a paystub and he will quit his job and work for him! 😂😂

Great episode! I've worked with Josh for a year. He has helped me learn and grow as a real estate investor. I am grateful to have him as my agent. Keep crushing it. Congratulations Josh!

@gihgihs

Жыл бұрын

Hey, Can you help me to became a real state agent ?

@Saidoromo2024

Жыл бұрын

Sounds like scams groups

Josh is an excellent agent, hardworking, and on top of things! Keep crushing it!

@josh_janus

Жыл бұрын

Thanks Akshay! I appreciate it.

@lpslancelot05

Жыл бұрын

Except his numbers aren’t real.

What real estate hack do you recommend for those in their mid fifties that are interested in cash flow and a hobby to keep them busy during retirement ? Or is it better to invest in REITs ?

@b-rare

Жыл бұрын

Just buy mutual funds lol easier

@Tricia2023

Жыл бұрын

Ya I want to know too lol

@Curlylemur

Жыл бұрын

​@@b-rare he doesn't want easy, he said he wants to be busy lol

@harrydhaliwal2461

Жыл бұрын

Start residencial sober living facility, if makes sense in your area.

He was my delivery guy this one time, he spilled my soup 😂

Also, don't use comparables more than a mile away, if there are comps closer. I hate it when agents give me a comp 5 miles away bypassing comps a couple of blocks away.

@josh_janus

Жыл бұрын

Correct. Need to be close and representative to the subject property.

Wow, I was partying it up when I was 22. Wish I had my life together like this, way to go!

@jordonreid

Жыл бұрын

Facts but it’s never too late for anyone bro let’s go

@williamforsythe9180

Жыл бұрын

I shot H for the fist time when I was 22 lol

@edxander7169

Жыл бұрын

​@jordonreid yeah let's go!! Wait where tf are we going?!

Had me on the title

@josh_janus

Жыл бұрын

That's what I'm talking about

What about someone 22 that lives in Los angles and every house is above 600,000. Do we have to move to where there 300k or is there still opportunity here with 10k

Blue Angels guy!! PCOLA. Ty guys for your service!!

I don't know what state he's in but in the State of Florida what he said he did is illegal. He was getting commissions without being licensed

@josh_janus

Жыл бұрын

I was getting what's called a marketing fee prior to being licensed - sort of what it's called for a wholesalers compensation.

@Tricia2023

Жыл бұрын

He did say he got his license 😊

I also make 100k in real estate ever day, I am 9 years old. It's so easy to make this kind of money when no one verifies it. When can I be a guest on your show??????😂

Young guy with a determination and drive is proof you can get there...

I hate hearing these stories it just shows how much of a failure at life I’ve been.

@startingtech3900

9 ай бұрын

You will get there.

@saintfrancis9619

3 ай бұрын

Don’t feel bad these people are the rare exceptions.

Sometimes u don’t choose your career, the career choose you.

@josh_janus

11 ай бұрын

I guess so

Video title is misleading, 50k a month on closing deals NOT on rental income 🤦🏼‍♂️

Unbelievable!!

@josh_janus

Жыл бұрын

Thanks MIcah!

What a smart and humble young man 😮

@josh_janus

Жыл бұрын

Thanks!

@edxander7169

Жыл бұрын

Thanks.

26:25 LEONARDO DA VINCI 😅

Jesus, he’s not even lendable yet, imagine when this kid starts leveraging!

@kisms8590

11 ай бұрын

Power of social media to learn money making. Also great fortune he found a mentor agent that wouod pay him part of commission instead of hourly.

Watching this as im doordashing😂

The guy sounds smart I question all of these people commenting saying his name. They all have no subscribers haha. Nonetheless, keep grinding guy!

@josh_janus

Жыл бұрын

Thank you!

@InvestingwithBishop

Жыл бұрын

@@josh_janus ever want to do business in Cincinnati shoot me a message. I do deals all of the time.

@thomasjdm7388

Жыл бұрын

^^^^^ you can pay for comments. And if so, he's an ambitious marketer too

Another get rich quick sales pitch. No nitty gritty details. BP really needs to stop all these non sense.

@luisnavarro880

Жыл бұрын

Is back up with hard work. Mostly go out there and get it . No free lunch. I’m a financial professional and real estate investor. You need your go to cross selling group going as fast as you can

DsER product?

@vaughanmoody

Жыл бұрын

DSCR loan - a type of mortgage loan where you qualify based on the property’s cash flow, not your personal income. It stands for Debt Service Coverage Ratio. Google that for more info.

He was working as an assistant to an agent, doing cold calls for that agent. That’s not wholesaling. And instead of paying him hourly, they gave him money out of their commission. He called it “hybrid wholesaling” which is some phrase he made up to not label himself an assistant.

@SilverTheFlame

7 ай бұрын

Regardless, he was still building many of the valuable skills that are imperative to wholesaling. Clearly it worked out well for him in the long run so I’m not sure why you’re so stuck on the lingo.

How exactly does he make 50K a month with only a 1.5 million dollar portfolio? That doesn't make sense mathematically. He'd have to own 50 units cashflowing 1K a month each after all expenses. Factor in hard money getting their cut, there's no way.

@josh_janus

Жыл бұрын

The 50k is income from being a realtor actually not the free cash flow from the owned RE

I wish they would have dove deeper into Josh's numbers. Is that $100k per month his NOI, how much is he in debt, etc...

Great video! I’m still wanting to figure out how he actually got to $50K/month so quickly? That’s insane!

@drxkalishnakov2464

11 ай бұрын

His 50K a month was from his commissions as a real estate agent during one of the biggest real estate bull markets in history. I'd like to hear him recreate that in today's market lol

Leonardo Davinci painted the Mona Lisa

You tell them what you want and they email what they can get higher commissions on .... .. it time to get my real estate license....

"go buy real estate!" Well, despite not having the damn money to do sich, after watching tons of videos on the subject, I STILL DON'T KNOW *HOW* TO DO THAT!

he's good looking. good looking people can sell anything to anyone. there, just saved everyone an hour of their time.

Go Bucks :)

I'm 48. I just bought the house I'm living in cash $150,000. Should I heloc and leverage??

@lpslancelot05

Жыл бұрын

Depends on what you want to do? I suggest hacking the next way, and turning the current one into a rental. You could rent out all of the rooms to maximize cashflow, or you can long term rental and have less management. Each one is market dependent.

Is it possible to be a real estate agent without signing up with a broker?

@steee_lo_

Жыл бұрын

No.

Van Gough lol

1.5 million and 50k a month I didn’t even have to watch to call bs…. This makes no sense lol. Obviously the 50k is gross number everyone likes to flex those numbers but 10 properties worth together 1.5 million and grossing 50k means each property valued less then 200k, and each property brings in 5k per month it’s complete bullshit sorry I don’t even have to watch this

@josh_janus

Жыл бұрын

1.5m is actually the value of the real estate portfolio I currently own. The agent side is $50,000 - $100,000 / month in commissions thanks to the great community of investors at BiggerPockets and my brokerage, Reafco.

@b-rare

Жыл бұрын

@@josh_janus 50,000-100,000 a month that’s a inconsistent range. Lol. I call bullshit on it all. I’m a real estate investor these numbers are not realistic at all . I don’t buy the bs .

@chibuezenwadigo7339

Жыл бұрын

@@b-rare someone is hating 😅😅

@josh_janus

Жыл бұрын

@@b-rare It's difficult to be very consistent at that level of production as investment property values differ greatly and the opportunities coming in aren't always consistent.

@zeekflash6924

Жыл бұрын

Guess , at 22 not bad .. but yeah .. numbers don’t add up .. guess BP , is not stranger to click bait 😅

Wish i has started at 22 lol. Life is easier then.

Is this how black rock is scooping up property

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?

$1.5 million that pays him $50k a month? That sounds like bullshit.

@amunra4015

Жыл бұрын

Like someone else said. Most of that money is from being an agent. He sold $17m of real estate. At 3% commision, that comes to $510k per year or $42,500 per month. That leaves $7,500 per month coming from his $1.5m portfolio which is a little more believable.

@SolidNate99

Жыл бұрын

@@amunra4015 Yes, that would make sense.

@destroya3303

10 ай бұрын

@@amunra4015 I see, so we all just need to get into luxury real estate all at once and we'll be rich.

👍🏼

This dude was going to school, working 20-30 hrs a week on DD, and getting his RE License/ working as a realtor. This don’t add up

Josh is the example we should all strive for. He doesn't make excuses (unlike MANY commenters here in the chat), he puts his head down, focuses and works. He is then able to evaluate, realistically, what works and what does not. By making small changes he has perfected his strategy. That strategy may need tweaking as the market changes but at least he's doing it. Kudos to him.

@joshjanus2660

10 ай бұрын

Thanks John! I appreciate it.

@johnallday

7 ай бұрын

@@joshjanus2660Josh great job bro! Quick question, any thoughts on tax deeds? I am looking to go that route but still researching it…

I see you Josh 🫡 keep going!!

Im a first time home buyer age is also 22. I’m living in southern Cali. I am attempting to house hack. It was a single family home but it has some garages and storage in the back that I felt could be pretty easily converted to living quarters. I’m just a little confused on how the process actually is supposed to go. Especially when it comes to the renovations. I guess I’m just trying to figure out to finance the construction.

@hasannajem7416

Жыл бұрын

Hey, I have a construction company and I can work with you on the renovation. Let me know

@edxander7169

Жыл бұрын

How has that going for you now? I'm also from southern Cali everything too expensive out here 😢

So was he “making 50k” a month? Like in his bank account? Profit?

How were you not approved to buy two duplexes as your first deal when you made 50k a month? Why did you have to have an investor buy the other one instead of yourself

@josh_janus

Жыл бұрын

Well Fannie Mae / Freddie Mac will require in most cases 2 years of the same income if going conventional. I didn’t want to take down both deals at the same time as I was just starting out as an investor.

Hard work pays off happy for him! Love seeing other young investors succeed! Grateful to have built a sizeable portfolio at the age of 26

insane.

@josh_janus

11 ай бұрын

Thank you!

Great show. I watch/listen to some BP media & I've often wondered...when you give me a $ amount per month, I don't know what the expenses are coming out of that amount. Can you give us more accounting for people? I have no idea if his expenses are more than his income or if that's 100% profit. He has no furniture, so that makes me think it's not all profit 🤣Thanks

I had 10k saved at 20 but gave it all to my mom when she needed surgery.

@eccomercementoreeryan2264

Жыл бұрын

The GOAT

I hate to ask but did he pay taxes on the income he made off the wallets and shoes?

@josh_janus

Жыл бұрын

Yes I did.

@charltonblake9967

Жыл бұрын

Lol lame

@Fireflamez317

11 ай бұрын

@@josh_janusteach me 😭

he didnt answer the question about the hard money lender and being nervous about 30k when he is making 50k a month lmao clown