Bru why does your video have only 800 likes, i find this to be good advice, like everyone thinks it will be easy, it aint easy, the only thing that is easy is comfort, and thats how most people fail, they are too comfortable and dont want to take risks
This guy knows what he’s talking about. For guys at the beginning, this is it! For folks with some access, some leverage, and want to make some money?!?!?!?….yeah, this is it!
had to stop at 2 min about the story of guy that bought duplex fixed it sold it, four plex fixed sold, .... he should have leased then refinanced to get his money out instead of selling. that way he remains in control of the asset and gets his money in hand as a loan that tenants pay for. thats what you call winning in real estate. but then again, maybe he needed to generate max capital for the next deal who knows i doubt it though. could have made it worked holding all those instead of selling.
Nailed it. A lot of people don’t get the point you just mentioned, and will even say it’s a bad idea because it involves more debt, but you’re absolutely right. Financial literacy is not as ubiquitous as it ought to be.
Tell me why I was thinking the same thing bro, he probably got taxed and cleaned really good, would've been way more cheaper and generational wealth in 15/20/30 years with it being paid off from tenants.
