Despite all the financial struggles I and my family faced, everything is finally falling into place! $47,000 weekly profit and riches I'll always praise the Lord

@GeorginaRodriguez-rj6nv

Ай бұрын

As a beginner, what do I need to do? How can I invest? On which platform? If you know any, please share.

@Marcelino457

Ай бұрын

Same here, with my current portfolio made from my investments with my personal financial advisor I totally agree with you

@noahwilliam1288

Ай бұрын

Wow! Kind of in shock you mentioned expert Elizabeth Regina Nelsen. What a coincidence!

@WilliaSmith232

Ай бұрын

When someone is straightforward and good at what she does best, people will always speak for them.

@SergeantmajorPhilip

Ай бұрын

Yes! I'm celebrating a £32K stock portfolio today. I started this journey with £3K. I've invested a lot of time and effort, and now I have time for my family.

People will have to accept reality that we won't ever return to 3%. If sellers must sell, home prices will have to decline, and lower evaluations will follow. I now look towards the stock market to fuel my millionaire goal. Sure I'm not alone in my chain of thoughts.

@BenBak-wt7qi

Ай бұрын

U.S. stocks have historically been the best investment. Much safer than real estate. Treat it like real estate, don't panic sell and impulse buy.

@StephenTho42

Ай бұрын

I like both. But in my experience, most of the millionaires that I know have gained their wealth through diversified investments and they all had a sort of advisor helping out with informed decisions.

@CaroLewis-j8k

Ай бұрын

Agreed, advisors are ideal reps for investing jobs, and straight up! that's how I’ve stayed afloat for 5 years now, accruing over $1m in return on investment, after 100s of thousands invested. IMO, home prices will need to fall at least 40% before the market normalizes.

@Lindsay-jy

Ай бұрын

@@CaroLewis-j8k real estate prices exploded, interest rates exploded, but my wage the same, i'm screwed !! who is your advisor please, if you dont mind me asking? in dire need of portfolio restructuring

@CaroLewis-j8k

Ай бұрын

She goes by ‘’Katherine Nance Dietz’’ I suggest you look her up. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.

I have been a landlord 20+ years...spot on 100%...one more strategy...structure your lease so tenancy at will agreement is higher then regular rental rate..maybe it's air bnb rate..then current tenant is always in a lease agreement...you offer your tenants out of lease anytime they buy a home thru your real estate co. Adding another 20k income from your property...in turn bringing new rental rate from new tenants after close of escrow 💵💵💵💵💵💵💵💵

@aeiou0123

20 күн бұрын

What does “at will agreement” “out of lease” and all these terms mean

@MrChaddb

4 күн бұрын

Bs lol

Great breakdown of real estate investing. Starting with single-family homes is smart. ADUs are a brilliant idea for maximizing income. Clear steps to get there.

Thank you for sharing.

You’re my favorite!!!! I love how you break everything down!! So encouraging ;)

I like this channel

Start early with diversified investments in stocks, bonds, and real estate. Maximize contributions to tax-advantaged accounts like 401(k)s and IRAs. Regularly review and adjust your strategy to ensure security.

@mohamedali-fj8xz

Ай бұрын

People dont understand that the prices of things are never going back down. This inflation is deeper than we think. Those buying groceries are well aware that the real inflation is much over 10%. The increments dont match our income, yet certain investors still earn over $365,000 in stocks and assets. Wish I could accomplish that.

@quantarrow

Ай бұрын

Very possible! especially at this moment. Profits can be made in many different ways, but such intricate transactions should only be handled by seasoned market professionals.

@faysdt414

Ай бұрын

Finding yourself a good broker is as same as finding a good wife, which you go less stress, you get just enough with so much little effort at things

@MeliszaMagalyMezaEspinoza

Ай бұрын

Brian demonstrates an excellent understanding of market trends, making well informed decisions that leads to consistent profit

@Faijan-zx5ov

Ай бұрын

Yes! I'm celebrating £32K stock portfolio today... Started this journey with £3K.... I've invested no time and also with the right terms, now I have time for my family and life ahead of me.

Amazing content Thach. Thanks for the great info!!

What do these ADUs do to property taxes

Thank for sharing but I have a question what is a ADU how do you it?

once you have enough propertys the majority of your properties the cashflow will pay off easily any properties you buy

Why didn’t we subtract 3000 from however much the mortgage actually is that you owe because most people will take a loan out to pay for the house so you’re not actually making $3000 you forgot to go over that part

@maharbamaharba1826

Ай бұрын

Seems like he didn't mention he bought the property cash most likely. Or his mortgage would be $3300-4000

@hadimumuni691

20 күн бұрын

Exactly. The maths isn’t adding up.

What’s the loan program being used to put 10% down on a secondary position loan (since you already put the 20% for down payment towards the first position loan I assume, as discussed earlier in the video) to build the two ADUs?

Step 1, live at home with your family for free and get a job, work hard and save your cash for a 20% downpayment to buy one small house on a large lot, clean it up, stage it, take nice pics, and rent it out. Step 2, Keep working hard at your job and save enough cash to build an ADU in the backyard, stage it, take nice pics, and rent it out. Step 3 Keep working hard and saving your cash as well as the cash from the ADU rent and save 20% for your second property and repeat step 1. Make sure that you have a good tax person to help and a good real estate lawyer to write rental contracts with. Also, budget for expenses. Most importantly have fun doing it!

@carlosgrimaldi4318

Ай бұрын

Why not use FHA loan to reduce the down payment. Most people can't save 20% for a home. Why not do a subordinate loan and pay 0 down and only pay closing costs? Why not use equity to build the adu? Or 203k FHA loan? Blue collars worker can't just "work hard" now days.

3k adu is wild

Thank you for sharing. Financial education is crucial today to show incredible resilience and discipline in the volatile market, masterfully balancing strategy and insight for success. This dedication to continuous learning is inspiring...managed to grow a nest egg of around 2.1BTC to a decent 15B TC in the space of a few weeks... I'm especially grateful to John Preston, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape..

@ManuelNewell

Ай бұрын

Please how do I go about it, am still a newbie on investment trading and how can I make profit?🙏🙏

@EmanuelAguilarcampos

Ай бұрын

HE’S MOSTLY ON TELEGRAMS APPS WITH THE BELOW NAME.

@EmanuelAguilarcampos

Ай бұрын

@hoodsignal ⭐⭐⭐

@ManuelNewell

Ай бұрын

Thanks for the information... I will contact him as soon as possible. I also want to gain good knowledge and stop losing..☺🙏

@virginiakershaw6119

Ай бұрын

I agree that there are strategies that can be used to generate solid profits regardless of the state of the economy or market, but such implementations are usually carried out by investment experts or advisors with experience.

Wow, that's a nice find for $515k

Thank you for the road map. I don't have much time to retirement so I better get on it.

I almost bought your $49 course. I don't want to wholesale. Is there more in there than wholesaling?

Living in someone's backyard for 3k is crazy 😢

I hate how these channels dont talk about all the details that affect costs. 1. You most likely need a property manager and advertising to get any sort of consistant rent flow. 2. You are using most of the rent to pay off the mortgage. 3. It is not "passive income", even if you do pay for a property manager. There are always things you have to keep up with and when major issues go wrong you have to sort it with the property manager. All these videos are like any other channel that wants to sell you an easy dream so you buy theuir course. The real world doesnt work like they want you to believe.

A 26 generating $1000 a month is far wealthier than a 60 years old making 10,000 month of passive income Financial wealth sound good but you don't need to go too far as we don't get to live in this world for another 100 years. Since time is equivalent of money yet money can't buy '' extra life-span''

What type of financing for the dadu?

Total purchase price = $1,215,000. Total rent = $9k. For the amount he's putting down, how does this one cash flow?

@jnathj622

Ай бұрын

With, 20% down it is 1mil with an interest only payment(7%interest rate) of around 6k and 9k rent leaves a 1.5k gross profit. But I’ll say 25% of gross rent is extra expenses leaves a profit of 750. With a investment of 300k (250k dp + 4% closing cost) will give you a 3% cash on cash return. Which is decent and changes depending on how creative you can get to finance or make extra income.

@TurnRiver

Ай бұрын

@@jnathj622 I am not getting those numbers at all. Maybe as a flip, the numbers might make more sense. As a BRRRR, only if you self manage with lower interest rate, then it is possible.

@jaydeeare285

27 күн бұрын

​@TurnRiver You're responding to a thach shill. Of course the property doesn't cash flow. I've seen several videos like this where he does not cash flow and would have been better off putting the same.money into a 5% yielding investment vehicle like a simple CD or T bill.

You’ll be old as dust by the time this happens

How are you using the bank to finance your ADU build?

@Athandatu

Ай бұрын

Great question. I’d like to know the answer to this.

@30musabboouf61

28 күн бұрын

i think refinancing your first property, they give 80% of it's appraised value i am no expert in this :3 correct me if i am wrong

lol this man is only talking about rent collection ($9-12k/month), but making it seem like monthly cash flow. Still nothing deducted such as mortgage, maintenance, capex, etc. Wonder what the cash flow is considering the high interest rates.

@jnathj622

Ай бұрын

I replied to another guy. Here: With pp of 1.25mil and 20% down it is 1mil with an interest only payment(7%interest rate) of around 6k and 9k rent leaves a 1.5k gross profit. But I’ll say 25% of gross rent is extra expenses leaves a profit of 750 monthly/9k yearly. With a investment of 300k (250k dp + 4% closing cost) will give you a 3% cash on cash return. Which may be no better than a “secured” bond. But numbers may improve as you finance or use creative tactics. Also secured Investments do not create equity the way the property does on top of the profit.

@yunngkhalifa

Ай бұрын

I literally paused the video at 1:30 and started looking for this comment😂😂

@yunngkhalifa

Ай бұрын

Your right

What do you think about investing properties with the current high interest rates?

@CaliGhost

Ай бұрын

If the deal makes sense, it makes sense. If it doesn't, it doesn't. Run the numbers

What do you think about instead of investing smaller amounts than multiple properties just saving a larger amount for a single property. Maybe instead of buying a few houses with 5% down saving and buying a single house with 30 to 40% down?

💯💯💯

Most people don’t have 20% to put down on any house first or already home owner. Make video for people with only 3 to 5 percent down?? And also not having thousands of dollars in the bank??

@runitupsilver8921

5 күн бұрын

Don’t take that type of risk if you don’t got 20% down then what are you gonna do when the house needs repairs or the Tenant moves out and you gotta rehab it for the next tenant and spend more money plus a month of the Morgage u won’t have someone paying. I don’t own any properties but I know it costs money to do and if we can’t get 20% then it’s not for us yet

Could a person do a 5% conventional loan on a four Plex with the intention to live in it and rent the other three out and then six months later do it again

@cj2k867

Ай бұрын

I think conventional loan seasoning is about 8-12 months but yea it’s that simple. Easy way to get “ahead” in five years using the rent by owner route

Snowball effect

Till the Gov and state officials say no worries - no need to pay your rent.

See a lot of comments before watching the whole video 🤦🏽‍♂️😅😅

bad advice

Don’t do it in a rent control area like City of Los Angeles. It’s hell!

From Chicago area after getting that first property is it hard to get another loan for the other properties? How does that look like ?

@BanksBandz

Ай бұрын

Save up 25% for an investment property. You can also just wait a whole year to owner occupied again

@guz_207

Ай бұрын

@@BanksBandz and just repeat the process for the 2nd and 3rd right? But are they more strict on giving you those loans after still owing on the first one?

@BanksBandz

Ай бұрын

@@guz_207 yup, that’s correct. Use conventional loans, you’ll have to put at least 5% down. You can hold up to 10 mortgages in your personal name

@BanksBandz

Ай бұрын

@@guz_207yup, repeat it. You can hold 10 mortgages on your personal name. Use conventional loans, 5% owner occupied

Buy me a house please 😢❤

More delusional numbers from thach. 🙄 Please be sure to tell the people who think they are renting that front house with the nice big backyard for "$3000" 🙄 that youre about to PACK two other houses back there. Oh and you seriously think someone is going to pay you "$3000" to live in small back houses with no yards or privacy? 🙄 Come on ma. In reality you might get 1800-2000 for the front house and 1200-1500 for the small back houses. Now run your numbers again and see if its still worth messing up that property.