How To BUY Your First RENTAL PROPERTY The Right Way! - Real Estate Investing 101

✅ Invest in crowdfunded real estate with Fundrise*! bit.ly/InvestFundrise
*This is an advertisement. Minority Mindset is a paid partner with Fundrise.
Subscribe To Our Channel: bit.ly/M2KZread
🚨Subscribe to our FREE Finance & Business Newsletter🚨 Financial News You Can Finally Use: bit.ly/M2FreeNewsletter
Recommended:
I Was Sued For $150,000: • I Was SUED For $150,00... &list=UUT3EznhW_CNFcfOlyDNTLLw
My Worst Real Estate Deal Ever: • My WORST Real Estate I... &list=UUT3EznhW_CNFcfOlyDNTLLw
The Best Way To Buy A Home: • The Best Way To Buy A ... &list=UUT3EznhW_CNFcfOlyDNTLLw
How To BUY Your First RENTAL PROPERTY The Right Way! (What To Look For)
0:00 - Video starts
2:19 - Finding a great location
7:43 - Analyze the finances
14:05 - Negotiate the contract
18:45 - Property inspections
22:02 - Get the money to buy real estate
28:16 - The legalities of real estate investing
31:44 - Renovations
33:39 - How to rent out your property
35:22 - Make your investment passive
37:25 - Selling your property
What Is The Minority Mindset?
It's thinking differently than the majority of people.
Minority Mindset was founded to revolutionize the way Money Minds think about money and to make financial literacy fun. We do this by sharing videos, articles and resources on how to make, save and invest money. #RethinkRich
Check out some of our recommended products! Please note: These are our sponsors & advertisers, so if you use them, we will get compensated. There's no additional cost to you.
----------
➤ Real Estate Investing Online
1) 🏠 Fundrise - Invest in real estate with as little as $1,000! See the historical returns here:
bit.ly/InvestFundrise
----------
➤ Best Online Savings Account
2) 🏦 CIT Bank - Get a much better interest rate on your savings account with no fees. CIT Bank is FDIC Insured and conditions apply:
bit.ly/CITsavings
----------
➤ Active Stock Market Investing
3) 📈 Webull - Buy & sell stocks, pay $0 in commissions, and get a free stock: bit.ly/m2WebullFreeStock
----------
➤ Passive Stock Market Investing
4) 💰 M1 Finance - Pick a few ETFs and stocks, then let M1 Finance invest your money automatically:
bit.ly/M1FinanceStocks
----------
➤ Loans & Refinancing
5) 💸 Credible* - Get the lowest interest rates possible on your loans - see how much you can save:
Mortgage Refinance: bit.ly/RefiMortgageCredible
Getting A New Mortgage: bit.ly/NewMortgageCredible
*Advertisement from Credible Operations, Inc. NMLS 1681276, not available in all states. Visit www.credible.com/a/state-lice... for important information about Credible’s licenses.
----------
➤ Home & Life Insurance
6) 🛡 Policygenius - make sure your family is protected with life insurance & home insurance:
Get a free life insurance quote: bit.ly/PolicygeniusLifeYT
Get a free home insurance quote: bit.ly/m2HomeInsurance
----------
➤ Car Insurance
7) 🚗 CarInsurance.com - See how much you can save on your car insurance with a free quote:
bit.ly/m2carinsurance
----------
➤ Credit Cards
8) 💳 See some of our recommended credit cards*: bit.ly/BestCreditCardList
*We are compensated when you click on or are approved for offers. The information in this video and KZread description was not provided by any of the companies mentioned, and has not been reviewed, approved, or otherwise endorsed by any of these entities.
----------
Twitter: / minoritym1ndset
Instagram: / minoritymindset
Facebook: / minoritymindset
See more & read our blog! www.TheMinorityMindset.com
This Video: • How To BUY Your First ...
Channel: / minoritymindset
Video host: Jaspreet Singh
DISCLAIMER: This description may contain links from our affiliates, sponsors, and partners. If you use these products, we will get compensated - but there's no additional cost to you.
DISCLAIMER CONT'D: I'm just a random guy on KZread so do your own research! Jaspreet Singh is not a licensed financial advisor. He is a licensed attorney, but is he is not providing you with legal advice in these videos. This video, the topics discussed, and ideas presented are Jaspreet's opinions and presented for entertainment purposes only. The information presented should not be construed as financial or legal advice. Always do your own due diligence.

Пікірлер: 795

  • @MinorityMindset
    @MinorityMindset3 жыл бұрын

    🛑BEWARE OF SCAMS IN THE COMMENTS! 🛑If you enjoyed this video, you should watch - How To Buy A Home The Right Way: kzread.info/dash/bejne/ma5prsyJdrKXfrw.html

  • @TheDiverJim

    @TheDiverJim

    3 жыл бұрын

    My goal before the pandemic was to do rentals (SFH and 4plex) but these eviction bans have really shaken my faith in this. What is your view on the eviction ban? 2 of my friends with rentals had tenants who stopped paying.

  • @smittyguggs2309

    @smittyguggs2309

    3 жыл бұрын

    @@TheDiverJim they dont have to stop paying rent. Its an eviction ban that's all

  • @TheDiverJim

    @TheDiverJim

    3 жыл бұрын

    @@smittyguggs2309 if someone is in my property and not paying for use of that asset, they need to be gone. The government shouldn’t have that authority. And it completely changes my interest in renting residential property if they can. If the government wants to pickup the tab, then ok, but otherwise that tenant needs to go.

  • @e8a284

    @e8a284

    3 жыл бұрын

    I want to invest in rental property but idk if a bank would lend me money due to my debt to income. Do the banks take the investment property income in the loan:debt factor? That's the only reason I havnt applied because I don't think I could take in more loans. Or do I get a land contract, rent it, then try and get a loan since you can show proof of income?

  • @TheDiverJim

    @TheDiverJim

    3 жыл бұрын

    @@e8a284 if you are covered in bad debt, you need to fix that problem before you can be in a position to rent property

  • @tareshtheentrepreneur1327
    @tareshtheentrepreneur13273 жыл бұрын

    Every family has a person who breaks the chain of poverty. I hope you will be that person! Real estate is one of those things

  • @p3ter408

    @p3ter408

    3 жыл бұрын

    Facts you just gotta have that minority mindset. Your family will find you weird not doing the traditional college university route but will thank you later for the Mansion you buy for them later and the financial freedom you created.

  • @manishrasaili5361

    @manishrasaili5361

    3 жыл бұрын

    1000th time I saw this.

  • @starscream6629

    @starscream6629

    3 жыл бұрын

    I am that one for my family thanks to these videos, keeping a budget, advancing through work, and eliminating my debts.

  • @GoldKingsMan

    @GoldKingsMan

    3 жыл бұрын

    @@p3ter408 The mansions for me.

  • @badger_ninja8681

    @badger_ninja8681

    3 жыл бұрын

    Sadly there's someone in the family who will buy the chains back with stupidity too.

  • @BobbyPoynter
    @BobbyPoynter3 жыл бұрын

    This man is dropping hundreds of dollars worth of knowledge for free.

  • @charliebillman3305

    @charliebillman3305

    3 жыл бұрын

    @SørenCast Z No Doubt, this is a really good video! Great Break Down on Cash on Cash returns and evaluating rental properties to buy/sell

  • @rogerr5102

    @rogerr5102

    3 жыл бұрын

    And there are people who pay for this information. Free knowledge this guy is the goat

  • @sagepirotess6312

    @sagepirotess6312

    3 жыл бұрын

    To be fair he has 1m subs. So its not frer. He is being paid

  • @myfamily9393

    @myfamily9393

    3 жыл бұрын

    @@sagepirotess6312 that's fair? 🤡

  • @BobbyPoynter

    @BobbyPoynter

    3 жыл бұрын

    @@sagepirotess6312 True, but we are not directly paying him for this like you would for other educational courses

  • @mathebulamkhize876
    @mathebulamkhize876 Жыл бұрын

    I used to think everybody went broke during the Great Depression and other major crashes but they didn’t… Some made millions, I also thought everybody went out of business during these times but they didn’t, some went into business, there's always depression/recession for some people and there's always a good time for others, it's all about perspective.

  • @recluseauhermitticus2033

    @recluseauhermitticus2033

    Жыл бұрын

    Money is part of what caused the great depression. . and will again. Lol.but nevermind. Keep worshipping it. . and all the problems it helps maintain.

  • @christopher2926

    @christopher2926

    Жыл бұрын

    Great quote by Earl Nightingale

  • @raulbatista4614
    @raulbatista46143 жыл бұрын

    This videos is so informative, that I turned my adblocker off to show my respect and gratitude.

  • @steveokingz

    @steveokingz

    3 жыл бұрын

    Adblocker you say ? Tell me more

  • @Genuinelycuri0us

    @Genuinelycuri0us

    3 жыл бұрын

    LOL

  • @christopherpeters3082

    @christopherpeters3082

    3 жыл бұрын

    @@steveokingz just use Brave Browser if you do not like ads. When I go on KZread via Brave I do not get those google ads ever 10 friggin seconds lol

  • @ItsMrLee

    @ItsMrLee

    3 ай бұрын

    Wow so gracious

  • @sunnyliwei3029
    @sunnyliwei30293 жыл бұрын

    This video has a lot of information. I recently got a propertyy on the high side. Who knows how

  • @dannywalters958

    @dannywalters958

    3 жыл бұрын

    Has to be stocck. Made my first millions through it earlier this year as a newbie after I met a expert from a reputable company... Retiring by next year with absolutely no fears!!

  • @burrussroger7352

    @burrussroger7352

    3 жыл бұрын

    @@dannywalters958 Who is this pro you worked with please

  • @dannywalters958

    @dannywalters958

    3 жыл бұрын

    @@burrussroger7352 Kara Kay Nixon. Look it up

  • @emilyjones1882

    @emilyjones1882

    3 жыл бұрын

    ​@@dannywalters958 Met her once at a seminar in Dallas. Great speaker.

  • @chriswilliams2061

    @chriswilliams2061

    3 жыл бұрын

    Stripping? lol

  • @georgepaniagua6115
    @georgepaniagua61153 жыл бұрын

    “Invest in a cute home then you get cute profits “ 😆

  • @h7opolo

    @h7opolo

    3 жыл бұрын

    16:18

  • @beyondartists7641

    @beyondartists7641

    3 жыл бұрын

    And cute neighborhood

  • @tanyacorbin2070
    @tanyacorbin20703 жыл бұрын

    I have always enjoyed how Jaspreet relays his messages. Unlike many others; the manner in which he approaches his lessons of finance are never condescending or arrogant. He comes accross as being so down-to-earth, humble and genuine in his teachings. At the end of each video I have a sense of empowerment and a wealth of usable knowledge, opposed to feeling lost in the financial lingo or feeling stupid when bombarded with concepts that go over your head. Keep your approach the same, Jaspreet. You and your team are undoubtedly deserving of reaching the 1M mark. We truly appreciate it!!

  • @trevorbrennan7910

    @trevorbrennan7910

    3 жыл бұрын

    I totally agree!! He seems like one of the only big finance KZreadrs that doesn't seem like they're milking the KZread and course money, and the videos aren't just basic info or misleading surface level info like so many others! I actually feel like I'm learning something! He holds 100% of my respect!

  • @visionlit3737
    @visionlit37373 жыл бұрын

    The way he says " below" filled with enthusiasm ❤️and sounds funny 😂😂

  • @esredarksun
    @esredarksun3 жыл бұрын

    One thing you missed regarding property management companies. The good ones are well versed in landlord/tenant laws, so they will guide you away from troubling people and issues. They also protect you from yourself...

  • @JavsGarage
    @JavsGarage3 жыл бұрын

    Sheeesh 40 minutes of straight knowledge 🔥🔥

  • @Olph1
    @Olph13 жыл бұрын

    i sincerely thank you passing on your knowledge. you're the man!

  • @user-no2bp4mn5i
    @user-no2bp4mn5i3 жыл бұрын

    The moment he says "SMASH THAT LIKE BUTTON" I feel like a 1st grader paying attention to my teacher 🤭😂😂😂

  • @minoritymindset9039

    @minoritymindset9039

    3 жыл бұрын

    Much love for the family W_H_A_T_$_A_P_P for proper feedback 📩 +_1^^(5 7 4 )^^2..8..5..5..7..4..0

  • @tonymontana4053
    @tonymontana40533 жыл бұрын

    This was the best real estate video I've ever seen, thank you Jaspreet!

  • @freethinker6821
    @freethinker68213 жыл бұрын

    Thank you so much for your videos! They are very informative and you walk us through every step and you also talk about the pitfalls. You keep it real; I appreciate that. Unlike most of these other KZread videos that only tell you to invest but don't show you how.

  • @MissFinance
    @MissFinance3 жыл бұрын

    I can't wait to buy my first rental property!

  • @DarrinSK

    @DarrinSK

    Ай бұрын

    Hey awesome! I'm glad you have 500k sitting around to fucking invest in real estate. Must be fucking nice

  • @putjatda116
    @putjatda1163 жыл бұрын

    Thanks Jaspreet for sharing this free knowledge. May God bless you more, man.

  • @demiserv
    @demiserv3 жыл бұрын

    This came on in the background while working. Excellent work, explanation and coverage of topic! Subbed👍

  • @HiroNguy
    @HiroNguy3 жыл бұрын

    Soooo much great info in here! Very dense with great advice. Thanks Jaspreet. Keep making these.

  • @brendagodinez8285
    @brendagodinez82853 жыл бұрын

    Thank you. I’m studying for the Real Estate Sales Agent. This videos help a lot. I appreciate it you.

  • @daniellipp2883
    @daniellipp28833 жыл бұрын

    Watched the buying a home in 2021 video last night. This seems to reinforce that info with some extra helpful information. Thanks for all your hard work and valuable information!

  • @dlealchicago
    @dlealchicago3 жыл бұрын

    Definitely need more videos on finding property management company! Marvelous video. Instant subscriber!

  • @clohanmom
    @clohanmom3 жыл бұрын

    Love this video... listen to it on repeat. Thank you!

  • @thomasabarca5960
    @thomasabarca59603 жыл бұрын

    I appreciate the effort Jaspreet, very thorough and informative.

  • @S54VR6
    @S54VR63 жыл бұрын

    Thought about renting but with this covid thing, it scares the hell out of me. Landlords are getting totally screwed

  • @InvestAndGrow2020

    @InvestAndGrow2020

    3 жыл бұрын

    If you don’t do it someone else will do it for you. Like me

  • @S54VR6

    @S54VR6

    3 жыл бұрын

    @@InvestAndGrow2020 good for you buddy. Wish ya luck.

  • @aygwm

    @aygwm

    3 жыл бұрын

    You don’t need to rent to shady people.

  • @canadianjatti

    @canadianjatti

    3 жыл бұрын

    be VERY PICKY when you choose tenants. I have never had a non payment issue. Even throughout the last year.

  • @steveelling9604

    @steveelling9604

    3 жыл бұрын

    I list my available rentals for under the market rate by a few bucks, which guarantees more people will apply. The more applications, the better your chances of finding a solid-gold tenant. I'd rather leave $50 per month on the table than have to deal with eviction issues, constant whining, and unreliable income streams from renters. Remember, YOU get to choose who gets the keys. And you can always raise the rent a little when the first lease expires.

  • @kwamebonsu1010
    @kwamebonsu10103 жыл бұрын

    Your teachings are very practical and informative. I really learn so much in so little time having this gentleman school me everytime.

  • @LexingtonCruz
    @LexingtonCruz3 жыл бұрын

    Best content and I’m an active viewer of this channel. Seriously valuable info in this one

  • @sohaibyounus
    @sohaibyounus3 жыл бұрын

    Can't thank you enough for this video. Really appreciate it!

  • @137Enki
    @137Enki2 жыл бұрын

    I love this channel and value your opinion. I’m not much of a commenter but I know it helps bring the channel more volume… so here I am commenting 😂 this channel provides great to the point information and some good humor. Thanks to the host and all developers

  • @BabyGators
    @BabyGators3 жыл бұрын

    Great info! Can you discuss rules of thumb for renovations by % of final market property value? Also would be good to hear about writing off depreciation and whether that’s helped you.

  • @financemadesimple-personal2086
    @financemadesimple-personal20863 жыл бұрын

    Japreet with the wisdom, and what I love is he doesn't try to sell you courses or subscriptions!

  • @trevorbrennan7910

    @trevorbrennan7910

    3 жыл бұрын

    One of the only big finance KZreadrs I don't feel are just trying to milk the money and are actually genuinely wanting to help!

  • @financemadesimple-personal2086

    @financemadesimple-personal2086

    3 жыл бұрын

    @@trevorbrennan7910 same here. I wont mention names, but some are just monetizing EVERY single thing they can

  • @kirisutegomen12

    @kirisutegomen12

    3 жыл бұрын

    I'm glad he's not trying to sell us a 7k course like others 😂

  • @financemadesimple-personal2086

    @financemadesimple-personal2086

    3 жыл бұрын

    @@kirisutegomen12 or post live videos that you have to pay to chat on

  • @evarylouis1626
    @evarylouis16263 жыл бұрын

    Thank you so much. I was really looking for exact videos with all details and fee. Well Explained this really help me to figure out my future path. Once again Thank you.

  • @sickboy0351
    @sickboy03513 жыл бұрын

    Hello Jaspreet, I would love to see you do a clip on adding an ADU to rent, the do's and don'ts. It's so expensive to buy in Southern CA, what I am currently working on is building an ADU in the back of my property. My hopes is I can rent this ADU for enough to just cover my mortgage payment I currently living in and paying or close to it. I would do this for a year so I can save the $$ income from the back rental. Then after a year "hopefully" house prices will come down just a bit and I can move out of the property itself and rent both the home I'm living in and the ADU I am adding. The ADU pays for the front house, the front house would help pay 1/4 of my new home and the rest I would save another year to cover emergencies then after the year I would take the 3/4 and add it to the 1st original house mortage to pay it off faster. Anyway, love to see you talk about this.

  • @jyotikaur3346
    @jyotikaur33463 жыл бұрын

    Very informative. Thank you for sharing a wealth of information.

  • @jamesambalathunkal7925
    @jamesambalathunkal79256 ай бұрын

    Thank you for this video and the extreme detail. Really helpful and informative. Appreciate it.

  • @sebastianochoa2930
    @sebastianochoa29303 жыл бұрын

    AMAZING VIDEO MAN. MOST DETAILED VIDEO ON REAL ESTATE EVER. MAD RESPECT 4 YOU MY MAN

  • @boilednuts
    @boilednuts3 жыл бұрын

    Dropped so much great info. I'm in for the long haul so property depreciation is also a great way to cut your taxes. Going to pass it down to my kids after I'm gone so they can do it all over again too 👍. Another good thing is to have property managers do routine walk-throughs to ascertain property condition.

  • @donniesmith512

    @donniesmith512

    Жыл бұрын

    If he made such good words. Why don't you go to the bank today and talk this talk ha ha. They will tell you to leave.

  • @DaySpillsTea
    @DaySpillsTea2 жыл бұрын

    I’ve seen your videos before and they’re always informative. …but THIS ONE got my sub!! Thank you!

  • @robertogomez2932
    @robertogomez29323 жыл бұрын

    The city laws are super important, it once took my father 6 months to evict a family that didn’t pay rent . We lost out on nearly a years worth of rent .

  • @fhenlizhao5406

    @fhenlizhao5406

    3 жыл бұрын

    Thats actually the most important rule.

  • @BangMaster96

    @BangMaster96

    3 жыл бұрын

    +Roberto gomez Let me guess, it was in California

  • @garrettberg2701

    @garrettberg2701

    3 жыл бұрын

    don't rent your property in liberal run cities.

  • @truthhurts7869

    @truthhurts7869

    2 жыл бұрын

    should have sold it while they in there

  • @tameraalvarez6438
    @tameraalvarez64383 жыл бұрын

    I love your videos and your truthfulness. You have inspired me so much. You are a good person. Your parents should be very proud of you!

  • @antoinemotivate1890
    @antoinemotivate18902 жыл бұрын

    Great content you are spot on . You cover everything about buying real estate. Wow great job 👏

  • @neitokapfoyourcredential.4379
    @neitokapfoyourcredential.43793 жыл бұрын

    Thank you for good explanation..learning better..

  • @isaka.8101
    @isaka.8101 Жыл бұрын

    You are amazing 👏. Exactly the info I was looking for. Thank you so much Jaspreet!

  • @stevenwoods6013
    @stevenwoods60133 жыл бұрын

    Thank you for all your info. Your amazingly easy to follow. I just subscribed.

  • @HarryMander
    @HarryMander Жыл бұрын

    This One Video Explain EveryThings to new Investor . Jaspreet Veer - Great Work .

  • @52hydra
    @52hydra3 жыл бұрын

    Subscribed because you're straight up and an attorney. Love it.

  • @grabthemappodcast
    @grabthemappodcast5 ай бұрын

    I appreciated the practical advice on property inspections and due diligence. Skipping this step can lead to costly mistakes down the line

  • @cumbrianhomestead
    @cumbrianhomestead3 жыл бұрын

    excellent video Sir! you give such valuable information in an 'easy to understand' way kind regard from the UK

  • @TheHijabi
    @TheHijabi2 жыл бұрын

    Jaspreet this is a GREAT video, thank you for sharing your knowledge.

  • @mdiaz6110
    @mdiaz61102 жыл бұрын

    You are a blessing my friend. I’m so grateful for your knowledge and experience and your eagerness to help others to improve their financial lives. You are a lifesaver. I pray for your continued success. Many blessings to you and your family.

  • @nik-challengeman383
    @nik-challengeman3833 жыл бұрын

    Thanks on the finances i hadnt factored in maintenance and taxes before for some reason, keep hustling. 👍

  • @justinejustified8270
    @justinejustified82702 жыл бұрын

    I'm appreciating n luv that Real Estate Intelligence you have flowing, very much. 👏👏👏

  • @RicanVic24
    @RicanVic242 жыл бұрын

    Man you are awesome! I appreciate you taking the time and educating those of us who want to get into this business.

  • @eishaacatubig9812
    @eishaacatubig98123 жыл бұрын

    Truly u are a successful businessman. This is the best advice i ever heard. Thank u. 💖🌹

  • @cjj_88
    @cjj_88 Жыл бұрын

    Real talk, I never subscribe to videos, but you got my subscription with this one. You a real one for this vid. Much appreciated.

  • @MinorityMindset

    @MinorityMindset

    Жыл бұрын

    You are awesome!

  • @Lonelyandroidmusic
    @Lonelyandroidmusic3 жыл бұрын

    Love this channel and this video is so helpful! I'm curious if you have any advice for someone looking to begin investing in real estate while also managing student debt?

  • @metalmike570
    @metalmike5702 жыл бұрын

    Excellent information I can't belive it just sits in KZread. Thank you Jaspreet Singh!!!

  • @ritafong8587
    @ritafong85872 жыл бұрын

    Love your teachings:) very impressed of your background!

  • @eversunnyguy
    @eversunnyguy3 жыл бұрын

    Great insights. You bring condensed wisdom here. I wish you could write a eBook with all your thoughts.!

  • @devasri_
    @devasri_3 жыл бұрын

    High value video. Thanks

  • @louellague466
    @louellague4663 жыл бұрын

    Great video as always.Thank you so much.

  • @awakenedsoul3695
    @awakenedsoul36953 жыл бұрын

    What a massive amount of knowledge in this video.!!Thank you so much for taking the time to put this out. Best of luck in your real estate journey, to everyone above and BELOW!

  • @Reigndawg1
    @Reigndawg1 Жыл бұрын

    Your videos are awesome man. You explain things so well. Keep up the good work sir. Thank you for sharing your knowledge.

  • @kallara10
    @kallara102 жыл бұрын

    You forgot about the Home owners association. Never buy a property without checking HOA, buy only in a rental friendly HOA

  • @flexxwilliamz514

    @flexxwilliamz514

    2 ай бұрын

    He mentioned this

  • @tomdrummy4984
    @tomdrummy49843 жыл бұрын

    Yes, real estate is tangible........so are the tenants inside the building. That’s the problem to me........people are the biggest challenge there is. Stocks are tangible to me.......i can hold the paper in my hand with the numbers on it. Lol I can sleep at night and make money without dealing with people issues. It’s the stock market for me !!!

  • @SamBalducci

    @SamBalducci

    3 жыл бұрын

    There are other ways to invest in property, specifically REITs and eREITs. You will make less but it should be part of a diversified portfolio.

  • @BarnacleBoy42069

    @BarnacleBoy42069

    3 жыл бұрын

    Just get a property manager to deal with the tenants for you, they usually cost around 10% of the monthly rent, and most of them only get paid when they collect the rent.

  • @biyuwang9952

    @biyuwang9952

    3 жыл бұрын

    ROSE BEKKY STEVENS is currently my family fin. broker. Her delivery percentage is A-list.

  • @AchillesNYC

    @AchillesNYC

    3 жыл бұрын

    This is the way

  • @ricecakeboii94

    @ricecakeboii94

    3 жыл бұрын

    Good. More homes for me.

  • @rashiiweaver4230
    @rashiiweaver42303 жыл бұрын

    Thanks for the great information!

  • @MultiDevan13
    @MultiDevan133 жыл бұрын

    This has been a very informative videooo! Thank you JS!

  • @xx-knight-xx2119
    @xx-knight-xx21193 жыл бұрын

    Yes! I've been waiting for you to do another real estate video.

  • @user-qj2st6km5x

    @user-qj2st6km5x

    3 жыл бұрын

    Do well to correspond 1..(.5..1..7.).5...6...9...7...8...5...1 W. H. A. T. A. P. P

  • @samsonhille3304
    @samsonhille33042 жыл бұрын

    Top tier advice here! Keep up the fantastic work!

  • @rentospropertymanagementso4895
    @rentospropertymanagementso48953 жыл бұрын

    It is like free tuition to handle the real estate business effectively. Thank you for the helpful hints.

  • @josecasillas7769
    @josecasillas77693 жыл бұрын

    Wise AF!! Thank You!

  • @iiConFuZze
    @iiConFuZze2 жыл бұрын

    I appreciate your knowledge man, I have made the first step, after doing my due diligence, to getting pre approved for a loan to get my first rental property. I'm in Baltimore and I can't stand seeing these houses just boarded up in the city but in certain areas new construction is coming in (some areas are already turning around) and that's where Ima scoop up one of these low priced flips and rent it out. I know I can make it happen! 💪🏾

  • @MrRonnie467

    @MrRonnie467

    2 жыл бұрын

    Hello I am from Baltimore also and trying to step out and do the same. Do, you have any good tips to do or not to?

  • @michaelgee683

    @michaelgee683

    2 жыл бұрын

    I'm about to invest in the Baltimore area as well. I wish you much luck.

  • @michaelgee683

    @michaelgee683

    2 жыл бұрын

    @@MrRonnie467 I'm about to invest in the Bmore area as well. I've already been looking at properties.

  • @carmenrivera2053

    @carmenrivera2053

    2 жыл бұрын

    Hi! If you don't mind me asking, how did you get money to fix up the home?

  • @paulbrungardt9823
    @paulbrungardt98232 жыл бұрын

    I have been a real estate investor for 42 years. I love real estate; however, I have some advise. Avoid HUD/ Welfare tenants. These folks feel entitled, demanding and lack work ethic. Personal responsibility is an anathema to the welfare class. Since your tenants are making your payments, buy something nice. $ 2,000-$2,500 monthly rent is my prime target. Be fair; what goes around comes around. Don't gouge your tenants. With all cash or fixed mortgage purchase, there is no need to gouge your tenants. It is win/win.

  • @realestateinvestingtips
    @realestateinvestingtips Жыл бұрын

    I agree with you that real estate is a fantastic investment opportunity, and owning a tangible asset provides peace of mind. Your 10 tips for buying your first rental property were very informative, and I appreciated your advice on location, cash flow, negotiations, inspections, financing, legal matters, renovations, finding tenants, making the property passive, and selling the property. I especially appreciated your advice on thoroughly researching the location before making an offer. Walking the neighborhood, looking for signs of neglect or decay, and investigating the flow of money and potential for development are all excellent tips.

  • @ashakuldip1657
    @ashakuldip16573 жыл бұрын

    I am learning a lot from your videos. Thanks!

  • @BEBEBUTTER
    @BEBEBUTTER3 жыл бұрын

    The teachings are great. I am learning so much.

  • @rembertomendoza3902
    @rembertomendoza3902 Жыл бұрын

    Thanks you! This was one of your best videos!

  • @user-ch2lp9er6p
    @user-ch2lp9er6p2 жыл бұрын

    Great information! Thank you!🏡

  • @MusicbyCara
    @MusicbyCara2 жыл бұрын

    Jaspreet, I have enjoyed many of your videos to date, but this one was VERY informative and useful. Relevant and to the point! The example of how to generally price, the options I can take, and the thing about having an attorney specializing in this field... All vital. I was not fully aware of all the features that those property managers did actually manage. It is good to think on these things and be aware and knowledgeable for planning’s sake. I also really appreciate the video blocking with titles so that I can jump where I need quickly when I return. I know that’s an extra time consuming task for you but I appreciate it. Oh! And the tax suggestions- yes. AND the idea of the protection from having an entity... I hadn’t even thought of why that would be so very important. I often know a fair amount already but in this case it was quite eye opening and informative so I REALLY appreciate this insight! All in all- Thank you SO much for making this video, I have stored it, actually, to even rewatch and take notes again!! 💙🙏☀️

  • @EmmanuelOnitheoneandoni
    @EmmanuelOnitheoneandoni3 жыл бұрын

    The amount of knowledge in this video is paramount

  • @diesur7126
    @diesur7126 Жыл бұрын

    Great video! Saved it to my KZread Investment video folder!

  • @Telegraph_Singh_invest538

    @Telegraph_Singh_invest538

    Жыл бұрын

    Chat me up ☝️☝️☝️

  • @perfectblue8443
    @perfectblue8443 Жыл бұрын

    Your channel is hands down the best when it comes to money talk and advice

  • @corcoranmagriproperties
    @corcoranmagriproperties3 жыл бұрын

    Love real estate, love Minority Mindest... this is definitely my video!!! 😉😉😉

  • @kendrickmike8549

    @kendrickmike8549

    3 жыл бұрын

    Love you too, Really Appreciate your feedback. Feel free to get in touch for proper portfolio management services and analysis

  • @bHappy777
    @bHappy7772 жыл бұрын

    Excellent explanations.

  • @SeanLunny
    @SeanLunny3 жыл бұрын

    Biggest piece of advice I can give is to know the numbers before you buy. Account for everything so you know you’re going to cash flow.

  • @btsmith
    @btsmith3 жыл бұрын

    Jaspreet, awesome informative content as always. I have a question for you though. When you invest in properties do you ever slip up and get attached to a property prior to a purchase and find yourself upset or even emotional if the deal doesn't go through?

  • @djnastienate
    @djnastienate3 жыл бұрын

    Has anyone ever told you, you got the most OG thumbnails on earth? Jaspreet droppin bombs, thanks for spreading knowledge.

  • @mplscarsales6652
    @mplscarsales66523 жыл бұрын

    @ Jaspareet can you make video of how to set up LLC and how to property management from states away like programs that do everything and keep track of your properties renters ect?

  • @deanhallinan9307
    @deanhallinan93078 ай бұрын

    This is a brilliant video. Well done

  • @jbreeze4570
    @jbreeze45703 жыл бұрын

    Passive income sounds so magical.

  • @p3ter408

    @p3ter408

    3 жыл бұрын

    It's hard to roll the wheel at the beginning but after you set it to roll it just keeps rolling and coming in your bank account without having you to touch it ;)

  • @TheUrryx

    @TheUrryx

    3 жыл бұрын

    But not in a pandemic times when everybody looking how to not pay their rent )))

  • @aygwm

    @aygwm

    3 жыл бұрын

    Vacancy is your ENEMY!

  • @davidjohnston3440

    @davidjohnston3440

    3 жыл бұрын

    It is

  • @badger_ninja8681

    @badger_ninja8681

    3 жыл бұрын

    @@TheUrryx that is actually sad that's theft in my mind

  • @kristyles08vlogs77
    @kristyles08vlogs773 жыл бұрын

    Pure gold. Thanks again

  • @rebuilding6749
    @rebuilding67493 жыл бұрын

    I love your videos, I watch them all the time. So informational, and would love it if you could do some "Live Streams" and talk to us personally every now and again to hear some of our personal questions. Keep up the great work! -Mike

  • @viktoriarebane1274

    @viktoriarebane1274

    3 жыл бұрын

    ROSE BEKKY STEVENS is currently my family fin. broker. Her delivery percentage is A-list.

  • @allegrayang9904
    @allegrayang9904 Жыл бұрын

    Thank you so much!

  • @morgenglende-michalski369
    @morgenglende-michalski3693 жыл бұрын

    YUSSSSS I WAS WAITING FOR THIS

  • @DivineVortex
    @DivineVortex3 жыл бұрын

    Good comprehensive vid! 👍🏽

  • @cutieangie150
    @cutieangie1503 жыл бұрын

    thank you great advise, god bless

  • @inmerava
    @inmerava Жыл бұрын

    Thank you for this video 👍🏽

  • @libradaperez7076
    @libradaperez70763 жыл бұрын

    Awesome videos! Thank you so much. Question: Since I bought this property cash and is on my name how do I pass it to be own by an Llc? Can I borrow money in the process of switching it to the Llc?

  • @johnboy6799
    @johnboy67993 жыл бұрын

    Just the video I’ve been looking for from you. Thanks👊🏿

  • @kendrickmike8549

    @kendrickmike8549

    3 жыл бұрын

    Really Appreciate your feedback. Feel free to get in touch for proper portfolio management services and analysis

  • @kendrickmike8549

    @kendrickmike8549

    3 жыл бұрын

    *Whssap + 1. 9. 5. 1. 4. 6. 7. 2. 4. 0. 3*

  • @LivingOffRentals
    @LivingOffRentals3 жыл бұрын

    Great video as a real estate investor! Thanks!

Келесі