I would say Dhirendra is exceptionally lucky and didn’t get ensnared in real estate frauds, which are very common in Delhi NCR, where builders are abandoning projects after siphoning off a major chunk of money. Also, it would be imprudent to account for the primary residence’s value under the FI corpus. Furthermore, the market values people are stating are often very difficult to obtain, and let’s not forget the taxes. For practical purposes, I discount the real estate value by 50% while accounting for the FIRE amount estimates. As a matter of fact, I have entirely discounted my real estate from this calculation and only account for them as buffers toward unplanned expenses.

@Mahesh99777

20 күн бұрын

Yes.... I feel the same. Real estate not a cup of tea to all😮😮

@t00862

9 күн бұрын

Exceptionally lucky in terms of being a CA, having a CA friend who did filing for the builder himself. So yeah, he is more street smart than most of us. Chawl life will make you street smart by default.

Sad to hear about your loss brother. jai shree Ram🙏

He has not disclosed everything..he is talking of multiple properties - lodha , vasai, chawl, kharghar, thane, mulund etc. and when his brother expired unfortunately, he must have gotten around 1.5-2cr as insurance payment

@anandmishra3934

20 күн бұрын

Unfortunately he has got only 20Lakh , because term insurance claim was not settled on the ground they have bought term insurance few months back prior to the incident.

@sanrock21

14 күн бұрын

@@anandmishra3934 you mean to say term insurance has some grace period and after that they are supposed to pay full, you say they did not pay full and paid only 20L or what, I have term insurance but want to take one more.

Guy is smart, humble and hardworking

Sharan have some empathy man - you could have expressed some condolences when he mentioned his brother passed away.

@sbid1

7 күн бұрын

Agreed

Wonderful session to learn young can do if he has good planning. Thank You Very Much for sharing your journey, you are really doing great 👍

Thank you Sharan I learn a lot of knowledge about real estate from this video

Great learning & experience share by Dhirendra ji 🙏

Congrats to him ...

Great informative and valuable video keep going sharan💯🙏🏻

Smart guy ! Enjoyed the conversation.

Are all his properties debt free? There are no EMI? How did he covered the first 1 cr loan?

@vivekanandsingh2381

11 күн бұрын

Yes, thinking the same. He didn't mention EMI in expenses. Unless he paid it through Qatar earnings

@Arvindpatel-bt1jx

8 күн бұрын

Its pure luck , that he is riding upon , he is a independent because he already had a good captial.

@dr.ash1475

3 күн бұрын

Did u watch full video ? He clearly mentioned in the end that how to use mortgage loans as debt on properties to invest

@dr.ash1475

3 күн бұрын

Nobody wanna reveals their entire personal data mainly involving numbers due to privacy issues n confidentiality

I have devoted to my financial expansion this year, started with ETFs which has given me 12 percent growth so far but I recently diversified into Forex which has made me over 70k with a 100k capital

@Rya1122

14 күн бұрын

Nice, are ETFs stable? I want to consider them for long-term investment and forex for daily income

@Rya1122

14 күн бұрын

Can you teach me how to get started and what to do

@dave1142

14 күн бұрын

Trading isn’t really easy so I employ the expertise of a pro Benjamin Ravies, he handles that aspect with his skill

@dave1142

14 күн бұрын

I don't know enough to teach anyone, I am also using the guide of a successful trader Benjamin ravies to make gains

@dave1142

14 күн бұрын

I can't teach you because I barely know how rather I use an expert for it

While i understand that this podcast is focused on financials, please don't take the human aspect away. You're gonna have to work on your empathy with people.

Interesting!

Amazing vedio

Nice episode

His combined rental yield is quite low. 1.5 lakh per month for 4.2 crore real estate which if put in even in bank FD will fetch 2.5 lakh per month.

@sujalyuvraj5101

21 күн бұрын

But FD will not appreciate in value here property will give rent and appreciate over time

@WalterWhite-og6wj

21 күн бұрын

@@sujalyuvraj5101 his property appreciated but rent still is 2-3% yield and what benefit of property appreciation when you cannot sell it? You can only get one thing.. either rent or sell it for profit. Else just take 2-3% return and stay quiet. This is what Warren Buffett says Asset rich and cash poor.

@sujalyuvraj5101

21 күн бұрын

@@WalterWhite-og6wj but times comes when his investment makes 100% yearly as rent on total capital invested by him

@prvz8733

20 күн бұрын

​@@WalterWhite-og6wj swp in mutual fund is better

@WalterWhite-og6wj

20 күн бұрын

@@prvz8733 anything other than rental income is better in country like India which is in growth stage. People with black money often don't have much options that's why they deploy money only in real estate and physical gold.

Very informative

good one

He's earning 50lac a yr. In 3 yrs he can buy any property in cash In India most PPL make his 1months salary in a whole year, But hey he's struggled for it no disrespect in any way

@Sh1v4_._

20 күн бұрын

how is he earning 50 lac per year? 1.5 lakh per month means around 24 lac in a year right?? yeah if you assume his salary to be 2.1 lakh as well than maybe he is earning around 50 lac

@sanrock21

14 күн бұрын

@@Sh1v4_._ man listen to the video again his salary is 50L per year and monthly rental is 1.5 L extra from property

@omkartiv8223

13 күн бұрын

@@Sh1v4_._ He said he got 50L per year without Tax in Qatar

@t00862

9 күн бұрын

He was employed in Qatar, tax free 50 lakh

Inspiring brother 🎉

brilliant

What about the debt ?

He just put his CA friend into trouble by disclosing he helped him get the insights of the builder which is a conflict of interest

Genius

I don't think cycling to office is a takeaway towards financial independence. It needs to be interpreted that he doesn't really care for the opinion of others, basically the society at large. Most people who are far away from financial independence are due to the fact they try to keep up with the society and try to impress others.

Still what is the EMI he's been giving out for the loan??

What about the loans he has to pay to bank ?

@t00862

9 күн бұрын

Loan to pay kar diya hoga, 50lpa qatar ki job se.

Do it in hindi

Most of the comments are like ANGUR KHATTE HAIN ......😂😂

Sharon acts over smart

@vibha3776

2 күн бұрын

Agree

he looks 23

He is not married .... That's why he is happy ji

5 crore is not impossible 😂

A lot of things about this guy seems unclear, vague & doesn't add up. But okay whatever !

he has lernt a lot abt stock market and has 90% in real estate lol

I want to know what adjectly happened to his big brother I am just guessing he did using phone for hours while lying on bed, I am scared

dude fire at 5 cr is bull shii ..either his father has got money or some other paternal acres of land in some village crossing highway , my father is an acclaimed financial advisor in delhi , he deals with clients who are leaving india settling abroad , i showed him this video , he laughed and asked to stop living in delusions ...5 cr of invested money can only make sense if one desires a life of 25K income per month ...and remember you need to have insurance ...emergency fund ...a house etc etc at every point in time ...which is in addition to that 25k ....recent bull runs have instilled a lot of unwarranted optimism for their entire life ...with the advent of AI and subsequent crash of us economy ...the basic safe side amount for a secure life is at least...37.5 million dollar liquid money ...approx 300cr rest all immovable assets and insurance is separate . the fool is the happiest...knowledge is curse

@lispenAlGaib

21 күн бұрын

37.5 million dollar? this will not be enough if you want to live in Elon Musk neighbourhood. 2 million is enough to settle in India. 3 million for EU. 4 million in US. 5-10 million in tax heaven countries. AI is a hype it will burst soon but it will not go away. US economy will not fall anytime soon, UAE and US deal is expired and eventually they will have another deal, maybe they do not need any deal since world is moving away from fossils. with 37.5 million target you will never be Financially independent and will be working your lifetime with depression and no hope.

@limbiclimboo9660

19 күн бұрын

@@lispenAlGaib i respect your opinion but the amount was for not thinking about for yourself and your children (2 in consideration) also that is not some arbitrary , some economist professor from london has come up with .

@user-wp4kv8tl6q

15 күн бұрын

300 crores to get Financially independent...How is this even possible for anyone ?????

This guy is living in his bubble. When he actually going to sell then he'll understand the true value of these properties. Other part is that at least 30-40% money he will get back in cash which will be of no use and he will be forced to again invest that back in real estate.

@shannu1927

21 күн бұрын

And get taxed