"If you realky want something, you'll find a way. If not, you'll find an excuse." I needed that.

@kazchloros1036

Жыл бұрын

Qz❤t❤

Hey all. If you watch his videos from a year ago, or 2 or 3 years ago you'll notice the process doesn't change. Thats because its really this simple. I found BP in 2017 bought 2 rentals in 2018, 1 in 2019 and about to buy 7 units before the end of this year. I could have bought much more in a shorter period of time. Fear and inaction were my barriers. Once people know you are an investor they will find you money, find you deals and help you grow, its ridiculous. Take informed action...do it today!

@OO-il6sl

3 жыл бұрын

how do u get more rental props if ur income doesnt grow?

@LaughtersHouse

3 жыл бұрын

@@OO-il6sl you mean from your 9-5? Like qualifying for another mortgage?

@brandoncostner7437

3 жыл бұрын

730 credit score 40k combined lines of credit (paid off debt free) 500k gross 30k net Even the 7% interest private loan guy won't give me more than 100k because of my net income

@LaughtersHouse

3 жыл бұрын

@@brandoncostner7437 thats a good start. I assume your loan is limited by your ability to repay and your DTI ratio if you add a mortgage on there...if you haven't already join biggerpockets and post your situation and your goals...the community will help. Much better than me guiding you wrong...everybody has a unique situation and I am only a master of my own. The best advice I can give is take action

@MysticBoltz

3 жыл бұрын

Great ideas

The best time to start was yesterday in real estate. The next best time is NOW.. Take action

@brendabastell6266

3 жыл бұрын

Hère o

@DannyKoRT

3 жыл бұрын

Absolutely agree!

@yoshee2532

3 жыл бұрын

Guide me Sterling, new comer looking for guidance!

Can't believe we can get this knowledge and wisdom for free

@jasonadkins1455

3 жыл бұрын

Brandon is awesome.

@CamBase

3 жыл бұрын

Facts think only like 20 odd years ago their were no computers or Google we are lucky to have this.

@findingdori6219

3 жыл бұрын

I know! I just paid $250 on another site : (

One of the most important things for me has been to understand it’s the long game. I’m not into the quick money game. Multi Family Real estate is all about the hold. Get rich over time. Rental real estate is the most forgiving investment. Slow and steady allows you to compound.

My first rental was a 4 bedroom me and my partner purchased and rented 2 of the rooms that covered the mortgage with extra to spare! That was just the beginning....

@hashmatkatawazy9716

10 ай бұрын

the idea which buy a property in cash then rent it or pay 20% in advance and 80% mortgage

I love Bigger Pockets! Thank you for everything you share with us Brandon.

Great information. I appreciate the help, will be purchasing my first rental property (3 or 4 unit) in a year and getting things prepared. Will be recommending the video to others as well.

It has been well over a year since I listened to you Brandon (side tracked with other things) and look at your amazing beard!! I love it! Glad to see you and your family made it out to Hawaii! Shaka Bra!

I love your high energy and yes it's something to be excited about. With real estate you can't go wrong. The odds it would not be profitable are like being struck by lightning!

Awesome video! I was able to follow along the whole time. Thank you!

I wasnt financial free until my 40’s and I’m still in my 40’s, bought my second house already, earn on a monthly basis via my investment and got 5 out of 5 goals, just hope it encourages someone that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made. Great video! Thanks for sharing! Very inspiring! I love this

@jarrettmacurdy3612

2 жыл бұрын

You are right. I also started my journey towards actualizing Financial independence. I am sick off earning from only one source especially 9-5daily. But I am having a tough time finding a good investment adviser. Seeing your testimonies, I believe that you achieved this through a good tactical means. I hope you don't mind sharing information on how you made it possible?

@davidreus9321

2 жыл бұрын

@@jarrettmacurdy3612 I invest across the top markets but not by myself tho. i follow the guidelines of Alexandra Diana Jose. you might have heard of her.. I can correctly say she’s worth her salt as a investment advisor as her diversification skills are top notch/ I say because i see that in her results as my portfolio grows by averages of 30 to 5O% on a monthly basis, unlike i can say for my IRA which has just been trudging along. my portfolio just mirrors what her place and not just on some particular industries of my choosing

@jarrettmacurdy3612

2 жыл бұрын

@@davidreus9321 That’s great , your investment advisor must be really good,I have seen testimonies of people using the help of investment advisors in making them more financial stable. Do you mind sharing more info on this person?

@davidreus9321

2 жыл бұрын

@@jarrettmacurdy3612 She is easy to find , make a quick research of her on the internet with her name Alexandra Diana Jose . She works with anyone independent of their location.

@jamesarango2313

2 жыл бұрын

I have had the intentions of starting investing. But I always thought it was late but I think I need to stop procrastinating. I will definitely 🔍 Alexandra Diana Jose and see what she can advise .Thanks a lot . This was of so much help to me .

Good information! Very broad and gives us the opportunity to learn and confirm on our own. THANK YOU!

Great video Brandon 👍🏼🙌🏼👌❤️Thank you!!🙏🏽

My new years resolution is to buy my first home / rental by the end of the year. Already have an agent sending me properties. Going to learn how to analyze them now!

Amazing breakdown!! 🙌

Shout out from Maine ! cant wait to get started... im in the education phase of all of this but i'm super excited.

This is golden information man. Thank you.

As someone who's done jiu jitsu your analogy about choking out an frail old lady made my day. Thank you for your knowledge on this video. I'm done payin rent!

Nice! Thanks for telling people to start with a Realtor. California Real Estate Agent here if you need any help! Loving all of this!

Super helpful! I train jiu jitsu too! It's a great metaphor on starting something new and working towards any goal.

Awesome..thanks. I love your books too man

So helpful. Thank you

thank you for this knowledge!

Very helpful video with great tips for the people who are new to real estate.

Loved the video, straight to the point and very helpful!👍

ThanksFor the video it’s encouraging because I was looking into long-distance rental properties but my family keeps telling me that is a set up for disaster. Thank you for reassuring but it’s possible and OK to do. You just picked up a subscriber

This is exactly what I was looking for. Thank you

@davidfredrickson5193

3 жыл бұрын

Thinking about a business to make money weekly,, With over 60,000 account holders blockspace has been at the forefront of the forex trading industry since 2016,access over 10,000 global markets and trade with attractive marginal rates..it is regarded as one of the best, most beneficial, brilliantly successful companies in the industry of forex trading and investing

Thank you for this video 💯💯

Thank you for sharing your wisdom!

Great introductory video for newbies! I liked the part on carrying out due diligence and always keeping a look in on your properties - thank you!

Great information well received…. Thank you

Nailed it. Most concise and thorough Rental 101 I've ever seen 👍🏼

Bigger pockets! Yessir 🔥🔥💸

Totally agree. great video. As they say landlords grow rich in their sleep without working, risking, or economizing.

Is there a video on how we can determine where to buy property? Do you look at price to rent ratios first? Community, sales prices, taxes and rental laws for LTR vs STRs? Thanks

Valuable information👍🏾

Step número uno😀 nice I choose to invest on the beautiful coast of Spain. I'm steps away to get my second property there. I'm over the moon 😀 I have so much to learn but I still believe that taking action is more important than knowing everything!!!

@HastaLaVistaBoss

3 жыл бұрын

@BOYCOTT FRANCE I'm on the coast of Valencia. Prices are not going up, but they don't go down as much as I'd like to see either :) But there are places that makes sense to buy. Some people might be desperate in these pandemic times and you might find good deals.

Finally something useful, thank you!

This is a great place for me to start. Thanks for the info

Thank you! Great video!

Brandon, thank you so much for all the tips.

@phyllisbuster1664

3 жыл бұрын

Alright it's great to have you on board, really appreciate your comments. For more details and information on crypto leave a message with my trade admistrator for proper guide and assistance..

I live in a duplex and rent out half. It is God sent, because rent has gone up like crazy in the Portland, OR area. Water is a big expense here too.

@biggerpockets225

3 жыл бұрын

"𝐖𝐡𝐚𝐭𝐬𝐀𝐩𝐩" +1 3 0 1 6 1 5 8 0 3 0

Awesome! Love how you always break things down in to actionable steps that ANYONE can do!

Great video! I started my channel about real estate investing recently and this is good advice.

Would these be the correct steps in the correct order for a BRRRR or flip property where conventional lending is out the window due to the poor condition of the property?

omg this is Brandon Turner..... loving his book right now.

I've BEEN ready to do this. My only set back is I live in a small town where there's no good real estate for sale. And I don't have the money to buy something and fix it up. And I wouldn't feel comfortable buying something very far out of state that I can't hop out of bed and be there if need be

Thanks sir great advice

Ready to stop making excuses and finally jump out of my comfort zone to do this!

@kwkcardinal

3 жыл бұрын

Yeah, let’s see an update. Find a property yet?

@coolma9467

3 жыл бұрын

Me too

@jasonadkins1455

3 жыл бұрын

Do it. Best decision you can make.

@JayLupe

3 жыл бұрын

Same here amber, im gonna start from scratch(completely). I have NO money saved up(none, at all) and im gonna get another job, to get enough for a down payment and buy a rental property, ill comment on this thread again once i take the next step. Good luck ladies and gents!

@Mificusuhejc

3 жыл бұрын

Me too, best of luck my friend

Finally a video where they don’t just talk about the why it’s the how too thank you

Good Video l learned a lot about getting into rental properties. I am new to the real estate industry.

Nice! Some GREAT information here

HELLO WHAT'S THE WAY TO GET STARTED WITH TRADE.

@millergarcia1832

2 жыл бұрын

First thing to do is to stop all form of trade and seek the help of an expert to guide you through. A lot of people shy alway from this thinking they could do it alone and end up blowing up their account

@arslanbardakci7473

2 жыл бұрын

Trading has left me no choice than to keep investing. Mrs Lillian Donald service to the world 👍👍 It makes so much profit for me

@tammygraham6412

2 жыл бұрын

Interesting to see someone here speak of Mrs Lillian Donald service

@Jim_Parsons

2 жыл бұрын

Yes I saw a recommendation like about the same earlier this month had a chat with her which she opened a trading slot for me making an initial investment of $200 and got a profit of $400 USD in 14 days. She has really changed my life and made me who I'm today

@martinsmith6328

2 жыл бұрын

@@Jim_Parsons pls how can one get through to Mrs Lillian Donald?

best advices so far :D

Thank you Brandon

Just found your channel visited hundreds of other channels seems like everyone trying to keep it a secret 🤫! Worlds big enough to share Thanks for your advice .

Great video Brandon

Life changing info! And I died at choking out the grandma 🤣

The problem with such a hot market is that houses are so expensive that there isn’t any cash flow. They aren’t renting for as much as mortgages will be.

Brandon, I have had the pleasure of listening to many of your audio books. I have purchased my first fixer upper and while it was a single-family home, I was still be able to house hack as I rented a room to my sister rather than her stay in the dorms of the local university. I recently flipped a property and am looking to roll the profits into my next BRRR property. Thank you for all of your insight!

@davidfredrickson5193

3 жыл бұрын

Have you considered forex investment,,it's a wise decision to multiple streams of income

Going through my journey of buying my first home/rental property. FHA Loan, House hack all the way baby 😎

@timtalkinball

3 жыл бұрын

Duplex or single

@sironeil-personalfinancere9367

3 жыл бұрын

@@timtalkinball Triplex

@teamprofit9113

3 жыл бұрын

lol

@linemakersports3669

3 жыл бұрын

@@teamprofit9113 lol

@tubbyrainbow111

3 жыл бұрын

@@linemakersports3669 lol

Can you do a video on the pro/con of 15 /30 yr mortgage if it’s going to be a rental property

Great video 👌🔥

What advice do you have for the LLC route,?

Strong work!

@davidfredrickson5193

3 жыл бұрын

Thinking about a business to make money weekly,, With over 60,000 account holders blockspace has been at the forefront of the forex trading industry since 2016,access over 10,000 global markets and trade with attractive marginal rates..it is regarded as one of the best, most beneficial, brilliantly successful companies in the industry of forex trading and investing

Any guidance on how to structure a partner deal? Meaning someone is putting in all the down payment or half of it and I'm finding the deal. How to split the profits if I (deal finder) would be getting an FHA loan in my name and living in the property. Thanks

So I have a 2019 mobile home 2br 2bath that I added a room to. It’s paid off, but is in a lot that dosent allow renting and it is small for my family of 4 children and 2 adults. Do you suggest I rent my home out and buy a house or rent a house or should I sell my home and use that money to buy a home and live in it until Im ready to move out and buy another house and rent out that house I move out of?

I ended up with my first rental property sort of on accident and it’s turned out to be great. This video gets me fired up to go after another one! Thank you!

3:39 "If you find that prices are just too expensive in your market, you can always invest long distance." If there's a will, there's a way.

@davidfredrickson5193

3 жыл бұрын

Yeah,, investing with a company makes it that much sweeter

@joshuagautreau6555

7 ай бұрын

You would have to really trust the company. My buddy says his best rentals are the ones he lives close to. I guess b/c he can keep an eye on them.

Can you guys do a video or rec a vid on purchasing foreclosures?

You are incredible

Solid Video

imagine having him as a mentor haha awesome

Blessed Saturday Sir Bigger Pockets,thank you for your help in how to invest in Real Property for the millions of people around the world

@biggerpockets5089

Жыл бұрын

Thanks for viewing and contributing! I’ll share some beneficial knowledge. Let’s converse on the number above

Whoa whoa whoa, Maui?! Same here. I’m always depressed by the prices here. How can you start here? Love to see a video or some advice on starting in an expensive market; Hawai!

nice work. Game on

Before you invest in your first rental property, should you establish your own business by forming an LLC or something like that?

That was an excellent video!! Thank you!!

I’m 24 years old and just got into RE, I really want to do this and I wont give up ! Ready to get out of my comfort zone :)

@Brucelee89896

2 жыл бұрын

bro is never to late, i am 23 and got pre aporved for a 260k loan, i used to be so scared but now i am shopping for my first property.

@metalmike570

2 жыл бұрын

@@Brucelee89896 In your mid 20's is great, I'd say that's early.

@moonbentley7412

2 жыл бұрын

@@Brucelee89896 wow how were u able to do it at this age? Im 23 as well any tips for someone in California to increase my chances of success for an approval?

@Brucelee89896

2 жыл бұрын

@@moonbentley7412 damm i live in FLorida so is cheaper, not sure about california, just make sure you have money saved and been in your job for about 2 years, it also depends on your income, make sure your credit score is good and don't have any debt, this is not always the case but most of the time.

@jacksonfamily1744

2 жыл бұрын

start making youtube content and post your journey there.

I'm jumping in next month. Wish us luck! 👌🏽🤞🏽

@sleezy3805

2 жыл бұрын

How’s it going

The choking out of the old lady statement was hilarious

It's crazy how the universe works...When I first started searching for my first property I was lead to your blog or website yeast ago...I gave up due to self-destruction and I finally found the courage to finally get my first property officially now...And this video is a KZread Suggestion...Man thank you for everything you do and thank you for not giving up as I did years ago...Well here's take 2...

@skylershoup5627

Жыл бұрын

How is it going?

@michaelnorris2747

Жыл бұрын

@@skylershoup5627 well my first deal was a bust due to lack of funds so ive been working and saving so i can just purchase my first property out right since my credit sucks...Gotta crawl before we walk...

Nice information

Thumbs up???? I wish I had more hands!!! You are amazing Brandon!!👍👍👍👍👍👍👍👍👍👍👍🇵🇹

I bought 4 properties this year. The process is quite simple. The key is to just get started. The beauty about rental properties is that you can "earn while you learn." BUT do not shop on your own. Use BP or an agent to help you find the deals. Also, I'm in the Dallas area and the numbers don't make sense. All of my properties are out of state in cash flowing markets (OKC and Jackson, MS). I have quality property management to look after my properties. I know it is counter intuitive, but you do NOT want to invest in your same neighborhood. You'll want to check on the propety all of the time and it will drive you crazy. It will completely take the "passive" out of passive income. The best thing that I could have done was to purchase in a place that I can't visit all of the time.

@v_osornio

2 жыл бұрын

Good advice man thank u

@intentionallivingwithterik3111

2 жыл бұрын

Hey! Do you have a real estate agent in OKC or MS?

@timothyleee27204

Жыл бұрын

How much damage has been done to the properties already? That's my only hesitation

@brandonbarclow3135

Жыл бұрын

@@timothyleee27204 Of course, this was my hesitation also. But having a good investment counselor that I could trust definitely helped. Also, I had inspections done, and if there was significant work to be done, I either absorbed the costs or asked for the seller to take care of. You're really not buying as "blind" as you think.

@brandonbarclow3135

Жыл бұрын

@@intentionallivingwithterik3111 Sorry so late on this reply. I use Table Investment is Oklahoma City. In Mississippi (Jackson), I use The Equity Group. Glad to help

Thank you

I have about $25,000 saved up now at 19, and am planning on splitting a $250,000 rental townhouse 50/50 with my grandpa. I have to buy out of state though because I live in an extremely expensive area.

The BJJ comment was hilarious! 😂

Great video

Good video thanks

1-Cash Flow 2-Loan Pay down 3- Appreciation 4- Tax Benefits How to Buy 1-Market -Feel for prices, connect with other rental property owners 2-Get pre-approved-Network with other real estate investors in the area 3-Learn how to analyze properties- Find income from property manager, expenses from property owner- Monthly cash flow + CoC Return 4-Shop for properties - Start with a real estate agent -automatic emails 5- Analyze all the deals -analyze potential properties 6- Make your offer - quick and smart -you will get rejected- analyze enough and offer enough - improve offer (letter/faster)- under contract (earnest money) 1%- pledge 7- Due diligence - inspection from local inspection -title company - verify rental amounts and income and expenses - line up a property manager - insurance- close 8- manage the property

@jacquila8647

2 жыл бұрын

Thank you!

I BOUGHT 6 MOBILE HOMES EACH ON THEIR OWNS LOTS WITHIN 1 BLOCK OF EACH OTHER AND PAID CASH. OVER 60K A YR MONEY BACK IN 2 YRS

Side Bar:.....Looooooove❤️ The Beard🤗 P.s. from a Sista By Way Of Brooklyn NY☺️

You are amazing bro!

@davidfredrickson5193

3 жыл бұрын

Thinking about a business to make money weekly,, With over 60,000 account holders blockspace has been at the forefront of the forex trading industry since 2016,access over 10,000 global markets and trade with attractive marginal rates..it is regarded as one of the best, most beneficial, brilliantly successful companies in the industry of forex trading and investing

Hi i wanted to ask a question, Do I need a real estate company and a team (attorney, real estate agent, advisor, etc.) before my first real estate investment or could I start on my own just by buying, renting & selling?

Would you keep renting a property for you to live in, whilst you pursue building up a rental property portfolio? I could probably pay off a property in my area in 6.5 years, with a repayment mortgage rate of 2.49%. I could buy a rental property outright and obtain a (gross) return of 22% pa.

We tried the rental house thing and the returns were so low, unless you paid cash for the house, that it didn’t make sense. A couple hundred bucks a month return then you have tenants do 4 grand in damages over a year period will set you back a ton. We’ve been buying vacant land and turning them into rv rental spots and I’m making 1200 bucks a month per property with only 30 grand invested in each to get them ready to rent. Way more money and if the tenants tear up their rv it’s not my problem.

@sharethesucess5929

2 жыл бұрын

Hello I am looking in to real estate and buying land but I don't know where to start do you mind giving some suggestions thanks in advance and congratulations on your success.

@mrjweb3586

2 жыл бұрын

Thats genius 👏🏻 🙌 👌

@parkerjeans5777

2 жыл бұрын

It's more about cashing out the house for the value that they put into it. It's basically using someone else's money while you take the risk

What do you think about the platform RoofStock?

My issue is getting my second property. I managed to refinance my primary to buy a duplex in full. So where do I go from here? I have a HELOC to pay back so where do I get money to get my next property? Fixed it up and have it rented for higher than I got it. Van I refinance the duplex to get another property or do I pay off the initial HELOC first? Can I have two properties with loans on them at the same time?