That brother is in a great position. Good problems to have

@MrZlathan3

2 ай бұрын

Yep. Love to see our people rise above that living check to check mentality and thinking that they're supposed to be in debt with bad credit.

I have a 2nd property, and I am going to sell because I had family members get burned badly during covid with trying to evict folks who refused to pay even though they still had jobs.

Rent it out, but be EXTREMELY careful to whom you rent. Definitely, don't do Section 8.

@beemonique8466

2 ай бұрын

Section 8, is a guaranteed payment. Just allow decent and responsible people to move in.

@MrClassicmetal

2 ай бұрын

Agreed. The last thing you want to deal with is a squatter.

@KFontLab

2 ай бұрын

I’m renting out my space and my rules are pretty tight. I am considering age (just for clarity: this is not a determining fact for approval or denial), credit score, length of lease, we will be conducting about 2-3 walk throughs throughout that year, no animals,no smoking etc.

@greaterishe7197

2 ай бұрын

I know several people that have Section 8 vouchers that do not fit the perceived stereotype AND their landlords were getting paid during Covid 😉

@MsMaxinejoy

2 ай бұрын

You cannot discriminate based on age​@KFontLab

I don’t think the guest speaker was serious. I think he just hopped on to brag that he only owed 3K and that he’s in some sort of governmental office position. Why would anyone think that it’d be a good idea to hold 3K debt. 3K debt on a home is practically a paid off home

@wrherb20

Ай бұрын

Thank you!!!!!! He just on here to brag and ask a dumb question that he know the answer to. Bruh attention seeking. Dude corny

Put a tenant in there

Good for him 🙏🏾

Pending where it is in city🤔,some condo association’s won’t let owners rent( does it require owner occupied only)

Pay it off and rent it - it’s straight cash. Put it in a LLC and the LLC in a TRUST. This is Bu$ine$$.

@samanthaneal8375

Ай бұрын

🎯💪🏾❤❤❤

@coachanthonyburgos3971

Ай бұрын

Or put it in a whole life insurance policy that never drops in value and will allow you to pay yourself compound interest should you need to borrow from it and put that whole life insurance policy in a trust. This is what The Rockefeller’s and The Rothschild’s did

Wow $90 thousand! I’d like to see this neighborhood.

@sheilasimpson7092

Ай бұрын

That’s Detroit. One of the least expensive cities to have a house. Been that way for decades!

You should keep it

Way to go!

Put somebody in there. I'm from Detroit, and ppl are still looking for places to live.

Well that was clickbait

@DB-ct4vx

2 ай бұрын

right

@May-tai

Ай бұрын

Not really.

@CarlaQuattlebaum

Ай бұрын

Yeah, it wasn't that he DIDN'T WANT to pay it off, he was asking whether he should.

Big brother pay that thang off and put a tenant in there

My brother if you reading the comments and you want to earn passive income from it look into renting to traveling nurses my brother. God bless and wish you the best.

@nca4794

2 ай бұрын

Fantastic idea! He might have to put a little money into it, but that's a great group to rent to. They are all about business, responsible, and don't have time for drama.

@ProdbyGrimeyred

2 ай бұрын

@@nca4794 agreed.

@KFontLab

2 ай бұрын

That market has slowed up a bit for traveling nurses…but it could pick back up. After speaking to my realtor here in GA and in TX it would be best to do 12-15 month leases in this season. But that market can always pick back up so it’s great to get the information about it. They will let me know when that market is hot again.

@listeningviayoutube7229

2 ай бұрын

Great suggestion.

@ProdbyGrimeyred

2 ай бұрын

@@KFontLab those leases are for those nurses that stay for those long periods. I recommend the shorter periods because depending on the area there will always be nurses and doctors coming in. Doing a 12-15 month lease with one company I would assume will not be beneficial if they don't have anyone coming. Generally speaking you utilize the space on a first come first serve basis. A lease will not let you have open occupancy in rotation. *Correct me if I'm wrong tho*

Pay it off!

Get a Heloc . Buy a multi-family… refi a year later… cash out for new house .

That's his business.

Make sure u get very good tenant.......that will not destroy or cost u

That rent going to be 100% profit it can help offset the next mortgage congratulations💪🏾⬆️💯🔥🔥

@NotLikeUs869

Ай бұрын

Depending on where he resides.

Hey Anthony , really nice video ! I was wondering if I could help you with Best Quality Editing in your videos which visually appeal to audience and would increase average view duration and will also make a highly engaging Thumbnail which will overall help your videos to reach to a wider audience ? Pls let me know what do you think ?

Live there for about a year and save money towards a larger home or invest in retirement.

Sell it

3k? You had to ask?

This man is already trying to get in more debt

Why people love to rent out their homes in this human evil times 😢 thumbs down 👎🏾

Pay it!! Many would like to be in your position in 2024. When I paid off my mortgage that payment was an instant boost and no extra work.

Black Priveledge?