Great Info. Thanks for breaking down the numbers, super helpful for anyone looking to get into real estate investing
@helenemosieur50082 күн бұрын
Grew up in Waterbury
@edrepresentin9 күн бұрын
Looking at the thumbnail I thought a section 8 tenant destroyed your property after one year lol
@Inuus10 күн бұрын
I have been renting one apartment to the same lady on SSI for over 10 years. Never had any serious issues. Get payments regularly, rent increase also regularly. Can't complain. On the other hand, a was renting out the house with 4 bedrooms, and there were many callers with section8. I refused to rent to large families whose financial situation can change from time to time, like in your case.
@Reim_Monde15 күн бұрын
I love your videos mannn
@marcbrooks906224 күн бұрын
Interesting, great video, thanks
@marcbrooks906226 күн бұрын
Interesting, what is the name of this product?
@ruizesparzarealestate310725 күн бұрын
dscr loan
@finexliveАй бұрын
Who the fuck would put a 50% down payment on this property? My checking account as more return than that
@SolutionsSolvedАй бұрын
It literally makes 0 sense to buy. that's like a 0.6% cap. 8 million dollars to make 48k per month 😂
@chrishanning2187Ай бұрын
What normal job worker makes that kind of money to even invest that?
@ruizesparzarealestate3107Ай бұрын
@@chrishanning2187 unfortunately it probably won’t happen, usually or self employed or people who run business invest in these assets
@ruizesparzarealestate3107Ай бұрын
Join Our Exclusive Email List for Connecticut Real Estate Deals!: mailchi.mp/d908a63fc0ff/omarruizesparzainvest
@user-py7nw6ov1bАй бұрын
I bought a home with wall paper in the kitchen, formal dining and both bathrooms. I dont want it looking cheap. I'll pay to have it removed and painted
@werdacommunityprojectproje9194Ай бұрын
Not worth it, invest in stocks rather 😅😊
@internetclips1Ай бұрын
hahahhahahahahha
@internetclips1Ай бұрын
can tell ur a brokie
@alecprieto455Ай бұрын
What website is this ?
@ruizesparzarealestate3107Ай бұрын
@@alecprieto455 www.investwithace.com/
@alecprieto455Ай бұрын
Where can you find this chart ? Or was it made by you personally ?
@ruizesparzarealestate3107Ай бұрын
@@alecprieto455 I bought it from aceinvestment
@wiz4020Ай бұрын
I guess if you're looking for a tax write off!
@ruizesparzarealestate3107Ай бұрын
@@wiz4020 only way it might make sense
@istvanbocsor7911Ай бұрын
Meanwhile in Europe the gas prices skyrocket and almost every new building use heat pumps. People can't afford heating so the Hungarian government has to pay most part of the heating bills. The heating aid even became a political propaganda. Crazy to see that overseas its still cheap.
@jacksonudy7234Ай бұрын
The ace spreadsheet is the goat.
@ruizesparzarealestate3107Ай бұрын
Join Our Exclusive Email List for Connecticut Real Estate Deals!: mailchi.mp/d908a63fc0ff/omarruizesparzainvest
@ruizesparzarealestate3107Ай бұрын
Join Our Exclusive Email List for Connecticut Real Estate Deals!: mailchi.mp/d908a63fc0ff/omarruizesparzainvest
@marcbrooks9062Ай бұрын
Great information bro!!!
@marcbrooks9062Ай бұрын
Great information, thanks!!
@alyonapetrova694Ай бұрын
There are no pro’s. You’re comical 😂
@marydauby52292 ай бұрын
That’s for giving me an answer to the question “can I paint over wallpaper?”
@mickblock2 ай бұрын
Painting over wallpaper is not the worst thing someone can do. An older houses you take that wallpaper off and you'll be patching for days. Which, if you've got the time, is 100% preferable. But not everyone can make a project out if it.
@jus.me.tanzks58342 ай бұрын
You’re probably not removing it properly if it’s causing that bad of damage. It definitely takes time and proper tools and patience tho
@mickblock2 ай бұрын
@@jus.me.tanzks5834 I'm talking about an older house that already has cracks or was wallpapered to hide cracks. Not causing "ThaT baD oF dAmAge" by deciding to remove it without having an idea of how much more unnecesarry work and mess that would make.
@nicholethalji2 ай бұрын
Known as Lipstick on a pig my friend 🤔
@CeceG-ug3pt2 ай бұрын
I’ll call you tomorrow. My family have been thinking about that for over 3 months and it’s pretty much our last option for now.
@joeljuarez582 ай бұрын
Is this a comedy?
@ruizesparzarealestate31072 ай бұрын
Thanks for feedback
@larry-qt1kw2 ай бұрын
lol why do they sound like scammers
@ruizesparzarealestate31072 ай бұрын
Thanks for feedback
@Beorthere2 ай бұрын
Older house probably built in the early 20th century
@jackmullenbach63512 ай бұрын
The best part about this property is the asbestos
@bobslydell8062 ай бұрын
Electric heat pump and fireplace are cheapest.
@nathannguyen96592 ай бұрын
I am the first liker 🦫
@kiagrace23412 ай бұрын
Great info, thank you
@ruizesparzarealestate31072 ай бұрын
Thanks for watching!
@Myraisins12 ай бұрын
I might have asked this before but I'm so confused about how much section 8 will really pay a landlord. For Hartford 06120 area code I have a 4 bed apartment for example. Online Hud FMR for says $1960. Hartford Housing authority payment standard says $2352 including utilities. So what will a landlord get paid? All utilities except water are usually paid by tenant.
@ruizesparzarealestate31072 ай бұрын
They will pay around 2000
@Myraisins12 ай бұрын
@@ruizesparzarealestate3107 Thanks! Is that including utilities or tenant pay their own? I have a property that tenants pay below market rent and have been there forever. It can do with some renovation updates but everything is in good working order. I'm thinking of putting in some money and then doing section 8 which I never did before. But I might wait for tenant turnover. Then again I don't think anyone will move with such low rents. Thanks for what you shared. All those numbers are confusing to me.
@MyToneyy2 ай бұрын
Taxes?
@ruizesparzarealestate31072 ай бұрын
Not sure the question
@MyToneyy2 ай бұрын
Property taxes. Didn’t hear you mention that
@ruizesparzarealestate31072 ай бұрын
@@MyToneyy It's included in the monthly payment of around $1,150. They are about $3,000/ year
@MyToneyy2 ай бұрын
@@ruizesparzarealestate3107thanks
@ribe34342 ай бұрын
No labor costs?
@ruizesparzarealestate31072 ай бұрын
It was included in the cost of repairs
@markmiller67512 ай бұрын
And you only deducted for taxes the interest portion of the mortgage payment , right? It sounded like you took the whole payment.
@gamingwithscottie14783 ай бұрын
Man, this is gonna be a long comment! Despite me being a Stratford resident, I visit this city a lot! One of my favorite things about Bridgeport is the sports, since I love sports! It has plenty of things! A newer collegiate baseball team from the CCBL (Connecticut Collegiate Baseball League) plays in Seaside Park! This team is known as the Bridgeport Barnums. Also, there are a few NCAA sports not just in Bridgeport, but the area! There’s D2 with the University Of Bridgeport Purple Knights, and there’s D1 with 2 teams just outside of the city. They are the Fairfield University Stags and the Sacred Heart University Pioneers. Sacred Heart is actually my dream college after graduating high school! Then, there are no actual pro sports in Bridgeport, but there’s some minor league teams affiliated with them! Next year, there will be a minor league soccer team, Connecticut United FC, that will play in a soccer stadium being built on the river as part of a redevelopment project! The team will be part of MLS Next Pro, the minor league for MLS (Major League Soccer). Then, there’s the New York Islanders’ AHL farm team, the Bridgeport Islanders! I go to their games a lot! Finally, in that new women’s hockey league, the PWHL, one of its 6 current teams even though there will probably be more in the future, PWHL New York, calls the arena that the Islanders play in one of their 2 official homes! The other one is UBS Arena in Elmont NY, just outside of Queens, which is where the real Islanders play. They also do occasional home games at Prudential Center in Newark NJ, home of the Devils! In addition, on a separate topic, I am understanding these real estate topics a lot more since I am taking Personal Finance at school! My uncle is actually a real estate agent! It’s actually one of Connecticut’s biggest industries!
@gamingwithscottie14783 ай бұрын
You should do ones on Danbury, Hartford, Milford, New Haven, Newtown, Shelton, Stamford, Stratford, Waterbury, etc!
@JeralAyala-hk1zc3 ай бұрын
No offend but waterbury no have job and it's to Spencer people is crazy
@Kardana-bp2xd3 ай бұрын
I plan to buy a home in Stamford. What’s the best area to live with kids that has good public schools?
@snns3274 ай бұрын
Thank you so much for sharing the other side of the story
@Myraisins14 ай бұрын
Unfortunately I can relate to this story losing money. Hope I can get out and move forward too. Thanks for sharing.
@gamingwithscottie14784 ай бұрын
Bridgeport isn’t really that historic nor touristy of a city. Most US cities have at least a good amount of colleges. Bridgeport has only like a few. They have Connecticut State Community College Housatonic, Fairfield University, Sacred Heart University, and University Of Bridgeport. Fairfield and Sacred Heart are located in Fairfield, but just outside of the city.
@gamingwithscottie14784 ай бұрын
While I live in Stratford, I have been to Bridgeport many times. My favorite part is the sports. I’ve been to a Sacred Heart Pioneers basketball game, as well as a Fairfield Stags basketball game this past year. Both schools are just outside of Bridgeport. I’ve also been to the Bridgeport Islanders, the AHL farm team of the New York Islanders. I am hoping to one day see a University Of Bridgeport game, probably women’s soccer. That team is very good, as in 2018, they won the NCAA Division II National Championship for women’s soccer. In addition, as they undergo many redevelopment projects, they are building a soccer stadium just across the river from Downtown Bridgeport! It will be home to not an MLS team, but an MLS Next Pro team. That league is the minor league for MLS, and the team will be called Connecticut United FC.
@jasonjewell16674 ай бұрын
I work in property management. I have 1,107 doors right now. I would never recommend electric heating. ESPECIALLY if you are looking at a lower income/older apartment. They are more likely to have higher ceilings. The electric bill for heating those places is insane.
@thetimeisnow12104 ай бұрын
Ummmmm solar is awesome. 😂😂😂
@appelmelk56644 ай бұрын
Yeah too bad it’s not that sunny when it’s cold
@autumn_b9054 ай бұрын
Can you find a home for $300k in the "bad" area of bridgeport?
@ruizesparzarealestate31074 ай бұрын
Depends on size, square footage and bedroom
@gustavobeltran49364 ай бұрын
Estoy deacuerdo con lo que dices siempre y cuando tengan experiencia las que lo vayan a Sanding & finished no es solo decir que es mas varato, pues si no saben sobre hardwood floors no estaran satisfechos con los resultados mi humilde opinion pero pueden intentarlo suerte
@livingproof4204 ай бұрын
No wonder they wanna make everything run on electricity
Пікірлер
Great Info. Thanks for breaking down the numbers, super helpful for anyone looking to get into real estate investing
Grew up in Waterbury
Looking at the thumbnail I thought a section 8 tenant destroyed your property after one year lol
I have been renting one apartment to the same lady on SSI for over 10 years. Never had any serious issues. Get payments regularly, rent increase also regularly. Can't complain. On the other hand, a was renting out the house with 4 bedrooms, and there were many callers with section8. I refused to rent to large families whose financial situation can change from time to time, like in your case.
I love your videos mannn
Interesting, great video, thanks
Interesting, what is the name of this product?
dscr loan
Who the fuck would put a 50% down payment on this property? My checking account as more return than that
It literally makes 0 sense to buy. that's like a 0.6% cap. 8 million dollars to make 48k per month 😂
What normal job worker makes that kind of money to even invest that?
@@chrishanning2187 unfortunately it probably won’t happen, usually or self employed or people who run business invest in these assets
Join Our Exclusive Email List for Connecticut Real Estate Deals!: mailchi.mp/d908a63fc0ff/omarruizesparzainvest
I bought a home with wall paper in the kitchen, formal dining and both bathrooms. I dont want it looking cheap. I'll pay to have it removed and painted
Not worth it, invest in stocks rather 😅😊
hahahhahahahahha
can tell ur a brokie
What website is this ?
@@alecprieto455 www.investwithace.com/
Where can you find this chart ? Or was it made by you personally ?
@@alecprieto455 I bought it from aceinvestment
I guess if you're looking for a tax write off!
@@wiz4020 only way it might make sense
Meanwhile in Europe the gas prices skyrocket and almost every new building use heat pumps. People can't afford heating so the Hungarian government has to pay most part of the heating bills. The heating aid even became a political propaganda. Crazy to see that overseas its still cheap.
The ace spreadsheet is the goat.
Join Our Exclusive Email List for Connecticut Real Estate Deals!: mailchi.mp/d908a63fc0ff/omarruizesparzainvest
Join Our Exclusive Email List for Connecticut Real Estate Deals!: mailchi.mp/d908a63fc0ff/omarruizesparzainvest
Great information bro!!!
Great information, thanks!!
There are no pro’s. You’re comical 😂
That’s for giving me an answer to the question “can I paint over wallpaper?”
Painting over wallpaper is not the worst thing someone can do. An older houses you take that wallpaper off and you'll be patching for days. Which, if you've got the time, is 100% preferable. But not everyone can make a project out if it.
You’re probably not removing it properly if it’s causing that bad of damage. It definitely takes time and proper tools and patience tho
@@jus.me.tanzks5834 I'm talking about an older house that already has cracks or was wallpapered to hide cracks. Not causing "ThaT baD oF dAmAge" by deciding to remove it without having an idea of how much more unnecesarry work and mess that would make.
Known as Lipstick on a pig my friend 🤔
I’ll call you tomorrow. My family have been thinking about that for over 3 months and it’s pretty much our last option for now.
Is this a comedy?
Thanks for feedback
lol why do they sound like scammers
Thanks for feedback
Older house probably built in the early 20th century
The best part about this property is the asbestos
Electric heat pump and fireplace are cheapest.
I am the first liker 🦫
Great info, thank you
Thanks for watching!
I might have asked this before but I'm so confused about how much section 8 will really pay a landlord. For Hartford 06120 area code I have a 4 bed apartment for example. Online Hud FMR for says $1960. Hartford Housing authority payment standard says $2352 including utilities. So what will a landlord get paid? All utilities except water are usually paid by tenant.
They will pay around 2000
@@ruizesparzarealestate3107 Thanks! Is that including utilities or tenant pay their own? I have a property that tenants pay below market rent and have been there forever. It can do with some renovation updates but everything is in good working order. I'm thinking of putting in some money and then doing section 8 which I never did before. But I might wait for tenant turnover. Then again I don't think anyone will move with such low rents. Thanks for what you shared. All those numbers are confusing to me.
Taxes?
Not sure the question
Property taxes. Didn’t hear you mention that
@@MyToneyy It's included in the monthly payment of around $1,150. They are about $3,000/ year
@@ruizesparzarealestate3107thanks
No labor costs?
It was included in the cost of repairs
And you only deducted for taxes the interest portion of the mortgage payment , right? It sounded like you took the whole payment.
Man, this is gonna be a long comment! Despite me being a Stratford resident, I visit this city a lot! One of my favorite things about Bridgeport is the sports, since I love sports! It has plenty of things! A newer collegiate baseball team from the CCBL (Connecticut Collegiate Baseball League) plays in Seaside Park! This team is known as the Bridgeport Barnums. Also, there are a few NCAA sports not just in Bridgeport, but the area! There’s D2 with the University Of Bridgeport Purple Knights, and there’s D1 with 2 teams just outside of the city. They are the Fairfield University Stags and the Sacred Heart University Pioneers. Sacred Heart is actually my dream college after graduating high school! Then, there are no actual pro sports in Bridgeport, but there’s some minor league teams affiliated with them! Next year, there will be a minor league soccer team, Connecticut United FC, that will play in a soccer stadium being built on the river as part of a redevelopment project! The team will be part of MLS Next Pro, the minor league for MLS (Major League Soccer). Then, there’s the New York Islanders’ AHL farm team, the Bridgeport Islanders! I go to their games a lot! Finally, in that new women’s hockey league, the PWHL, one of its 6 current teams even though there will probably be more in the future, PWHL New York, calls the arena that the Islanders play in one of their 2 official homes! The other one is UBS Arena in Elmont NY, just outside of Queens, which is where the real Islanders play. They also do occasional home games at Prudential Center in Newark NJ, home of the Devils! In addition, on a separate topic, I am understanding these real estate topics a lot more since I am taking Personal Finance at school! My uncle is actually a real estate agent! It’s actually one of Connecticut’s biggest industries!
You should do ones on Danbury, Hartford, Milford, New Haven, Newtown, Shelton, Stamford, Stratford, Waterbury, etc!
No offend but waterbury no have job and it's to Spencer people is crazy
I plan to buy a home in Stamford. What’s the best area to live with kids that has good public schools?
Thank you so much for sharing the other side of the story
Unfortunately I can relate to this story losing money. Hope I can get out and move forward too. Thanks for sharing.
Bridgeport isn’t really that historic nor touristy of a city. Most US cities have at least a good amount of colleges. Bridgeport has only like a few. They have Connecticut State Community College Housatonic, Fairfield University, Sacred Heart University, and University Of Bridgeport. Fairfield and Sacred Heart are located in Fairfield, but just outside of the city.
While I live in Stratford, I have been to Bridgeport many times. My favorite part is the sports. I’ve been to a Sacred Heart Pioneers basketball game, as well as a Fairfield Stags basketball game this past year. Both schools are just outside of Bridgeport. I’ve also been to the Bridgeport Islanders, the AHL farm team of the New York Islanders. I am hoping to one day see a University Of Bridgeport game, probably women’s soccer. That team is very good, as in 2018, they won the NCAA Division II National Championship for women’s soccer. In addition, as they undergo many redevelopment projects, they are building a soccer stadium just across the river from Downtown Bridgeport! It will be home to not an MLS team, but an MLS Next Pro team. That league is the minor league for MLS, and the team will be called Connecticut United FC.
I work in property management. I have 1,107 doors right now. I would never recommend electric heating. ESPECIALLY if you are looking at a lower income/older apartment. They are more likely to have higher ceilings. The electric bill for heating those places is insane.
Ummmmm solar is awesome. 😂😂😂
Yeah too bad it’s not that sunny when it’s cold
Can you find a home for $300k in the "bad" area of bridgeport?
Depends on size, square footage and bedroom
Estoy deacuerdo con lo que dices siempre y cuando tengan experiencia las que lo vayan a Sanding & finished no es solo decir que es mas varato, pues si no saben sobre hardwood floors no estaran satisfechos con los resultados mi humilde opinion pero pueden intentarlo suerte
No wonder they wanna make everything run on electricity