My goal is to teach you how to be Rich & be a BOSS at business! I'm a 31-year-old serial entrepreneur. I own 8 different 6-7 figure businesses. My businesses vary from Real estate investing, to coffee shops, and even a virtual assistant company! Being in different industries gives me great insight into what's going on in the economy and how to pivot.
I want to show you guys a few things on this channel:
1. All the ways I invest in Business and Real Estate. 2. How to own and operate businesses as an entrepreneur. 3. My thoughts on finance and the economy. 4. Strategies for making and managing money. 5. Mindset tips and tricks.
I hope you get value out of this channel!
Please email all sponsor and media inquiries to Agentbriantran@gmail.com
I’m 22 living away from home working a retail job 32-35hrs studying in university part time business majoring in accounting and finance. I’m saving up my first emergency fund. What should I do once I get my emergency fund. How do I really get the ball rolling?
You might want to check Waco Texas. This is a booming city in the middle of Austin Dallas, Fort Worth, Houston San Antonio. If you do decide to come reach out to me, I got Airbnb you can stay at!
You make a good point, but they would not be able to get away with that in any building code system. I would prefer that it were not a plug at all, but if it is a plug that is the only way they could do it. If you put electricity under the toilet, and water gets into it, you could easily get someone killed.
Dude I had a house that almost had the exact entry and it was f****** amazing it actually had two different staircases one downstairs one upstairs with a middle floor in the middle. It was completely hand wood carved bye an ex Carpenter. It was extraordinary.
HA! I told an ex boyfriend this and he scoffed at me. There is something really weird/ creepy about opening a front door and immediately seeing stairs.
how is it that your monthly expenses including mortgage is 2500. You said you bought it for 380k , help me understand . whats your interest rate ? property tax, sewage and lawn care etc . Seems hard to believe
Thanks for the question, happy to clarify. My loan was $310,000 @ ~5.25% monthly payment was about $1,712/month. Insurance was about $1,500/year ($125/month), Property tax was about 1.2% of 380,000 = $4,560/year ($380/month). $1712 + $125 + $380 = $2,217 Round up to $2,500 for misc Utilities. But I had the renters cover pretty much all the utilities.
@@Mr.BrianTran Your video says five and half percent , not five and a quarter percent. 25 percent down on 380k is 285k. at 25% you dont need Mortgage insurance , so your mortgage loan should be 285k and not 310k, except you arent sure of your numbers .
@@Mr.BrianTran I also want to know , how did you hack a 4 bed 2 bath to generate 5k revenue monthly.. i would appreciate a session to assist me in figuring this out
im about to open a bobba shop and i have a construction company so i be building the place even do i only have 40k to spend on it, do you think is doable? also what would be your best advice on it, since this be my first time owning a shop and the lease is 4k a month
You'll be able to save on the labor but the materials and machinery is a set cost. How much do of a buildout do you have to do? and did you negotiate any free rent?
Respect man. I'm from the town, studying for my real estate license. Coming from homelessness, will become a real estate investor. Will continue watching your videos. Pray for me man. Thank you 🙏🏾🎉
Hi Brian, could you do a video on flipping houses and property management. The pros and cons of getting into both when starting out. The profit margin and market opportunities.
idea for the ones worried about being wasteful , create your menu* on a dry run and hand them out for free , along with a Togo menu with your brand *. I think tht is a great way to get your brand out there and let people know you are open !
very amazing deal lol 380k sounds like a crazy good deal Considering you only needed 35k for renovations 😅 what do u think the rent would be for the house back then without house hacking ? For the 5k?
I'll save you the 12 minutes. Rate of Return on most residential real estate is 5-6% without appreciation. So with that ARM he is playing only for appreciation (assuming no major repairs or tenant issues). That's pretty thin.
What kind of energy drink are you thinking of? I'm looking for a energy drink that tastes good but has 200+ mg of caffeine and low cal, if you have that in mind, i'll literally buy sea-can containers of it
