How To Retire Wealthy In Real Estate #shorts #realestateinvesting

@ThomasColt hace 9 meses

Investments in stocks, real estate and businesses are one of the most effective ways to up your financial game. the goal is always to retire and be financially free

@AnitaStokes-fg6be hace 6 meses

I did exactly that! Bought my first house at 22, and now, 30 years ( and 3 more houses later) they are all paid off and we are about to live off the passive income. My parents did the same.

@brianwalton6896 hace 1 año

Instead of having you use the cash flow to pay off the loans you should buy 4 extra properties and take the appreciation of those properties over 5-10 years. Sell the properties you don't want after that time and you will have enough equity to pay off the others. You also need to budget for maintenance, repairs, management and capex. So if you want 10k passive income you actually need 13k in rental income so that you have enough savings to pay for those ongoing expenses.

@mist7627 hace 1 año

I will get out of the rat race and become financially free.

@roviprog2866 hace 1 año

Great and easy idea 💡 Tomorrow I will go out and buy 4 houses :)

@kensentan5998 hace 1 año

You should be paying off the house with the highest interest rate instead.

@marlong168 hace 1 año

The hardest part is accumulating the 4 houses. The rest is Down hill…

@thomasmorrison3279 hace 1 año

Even paid off it is hard to make money. I have been a landlord for 14 years. There are a lot of repairs and lost rent when people move out.

@henrysantos942 hace 1 año

This man shares good ideas. Where there is a will there is a way.

@opentech1252 hace 1 año

1. What happens if housing market crashes, how will you pay monthly emi 2. What if you don't get a tenant for some time 3. Loan for that amount should be at least for 30 years, so if you just want 10k$ per month it will be at least after 30 years else how will u payout the mortgage? Unless you have capital to sustain such situations how can you take calculated risk ?

@G__-- hace 5 meses

Que pedrada! Socran fica em hiato por 2 meses mas quando ele volta, ele nos deixa refletindo por 2 meses kkkkkkkk

@katesalija5020 hace 1 año

Calculation is not correct. $10000- taxes- insurance- maintenance and etc. (around $1000*4)= $6000. Also you have to have extra money just in case if ac breaks or something happens with the roof or foundation.