I really hope these people investing understand what their investing in. That your money is locked up with no way to get it out unless they ipo. Read the docs.
Times are going to get tough. We are all going to need to help and support each other. I don't know how much more I can emphasize this. Invest in what you believe in. Keep going Kevin! When you help others you help yourself.
At 23:52 - If I own 1% worth $1 Million of the company and you raise more money and now I own 0.67% worth $1 Million. How is that not dilution? It's a reduction in existing shareholder ownership.
Please don't waste your money with this joke of a company offering. There are much better investments out there. This guy has lost people a lot of money through his stock picks and advice. He only looks out for himself
@@drjsantos15able past that this would be a small investment in relationships, would be less than 3% net worth and my only venture capital style investment
Have you heard of Darwin homes? They are a nationwide property management company with their own apps and are a startup they manage over 6000 properties right now. CEO was the founder of door dash
I believe buyers are looking to buy before the interest goes up even more. When interest stops going up there is no benefit to buy so people will stop buying. When interest goes down demand grows gradually but many people wait. Only when interest rates stop going down does demand come back.
You're going to lock up the cash in "riskless" treasuries, that pay half the stated rate of inflation, which is half of actual inflation? Meanwhile, mid-west multifamily cashflow outpaces current real inflation. The accelerated depreciation alone on an apartment complex would insulate from loss for the next 3-5 years.
Kevin, given your startup idea and the risk it comes with, is there a part of you hoping you are wrong? Love your videos. Wish you the best of luck. Keep them coming
Hey Kevin I am a contractor in the Seattle area that specializes in remodeling, I can be your contractor for this area you can pay me in stocks of the company 😀
What’s the expected ROI on HH in 5-10 years? I assume there is a proforma with investment goals. Granted goals are just that, yet tying up cash on a startup in these crazy times needs a clear direction with specific objectives.
@@MeetKevin Kevin, why aren’t you looking in towns that are corporation heavy and usually recession proof. There are many growing suburbs with housing with a lot of sq footage for not that much compared to like CA or NY? Is your company only focused in one area?
@@rickmartin5022 quite a few. These aren’t ripe , they have been corporate heavy for over 2 decades, which is why buying where I do, makes it reasonable. I’m at a 100 plus properties. Some yielding 78% Roi
"Founder shares". Look at the marketing spin he's putting on this. If you want to buy real estate correctly that cash flows, you don't need to jump into a new first attempt "HouseHack" business model to make it happen.
Kevin, do you feel like your opening yourself to potential lawsuits from you real estate investing courses by saying you are offering the best while starting a company about real estate potentially withholding proprietary information. I love you Chanel but seems like your walking a thin line of choosing in the future between your company and loyal followers and course members I would appreciate some clarification about how you will continue to give course members the value you promise -loyal Kevin fan
@@MeetKevin Sorry for the fud. Hope for the continued enjoyment and education you bring don’t want some a$$hole to ruin the wonderful life you live. Don’t know if I’m being completely irrational. -Again #team Kevin.
The Fed has to pivot sooner than later the national debt is 31 trillion the % of the tax base is going to be higher than the military budget plus the dollar is too strong vrs say the Yen so japan will be forced to dump US treasuries the supply chain we get a little better there is alot of inventory in clothing and other goods with the amount of debt the GOV has Volker type rates would bankrupt the Gov
Warren Buffett's 92 years old. He didn't become a millionaire until he was 50 years old and made 99% of his wealth thereafter. So ya'll just relax and be patient, let the deals come to you don't run to them. The stock market is a device that transfers money from the impatient to the patient. - Warren Buffett
Love your stuff Kevin and big supporter but I think only $1m of your own money invested into House Hack is slightly low. If you are really confident in yourself I feel this needs to get to like $5m?
Australia, NZ and UK usually have 1,2,3 or 5 year loans. Most do 2 or 3 as lower interest. But only about 50% of people do this. Last year and early this year prices went insane. My friend borrowed 1 million because you have to. He went variable. The RBA (fed here) said no rate rises until 2024. Boom. He is now paying back $1200 more than he was a month. They are paying 5000 a month. A lot of people will be in trouble in 2023/24. NZ prices almost down 15%. My financial advisor said end of 2024 house prices will be pretty much the value they would have been had covid not happened. In OZ a decent area grows 5 to 6% a year. So 5 year gowth will basically equal covid rise and fall.
Kevin, keep your HouseHack brand as sacred as Apple keeps theirs. Don't create your own bad news. (At least not this early... you can 4d chess in the future 😉) We love the transparency, but ease it off a little on the title/thumb 💙
About the time he thinks he is an investor and not a sales person he will quit RU-vid again. Then the income tanks, and he will come back. I like Kevin, but wish he would understand that the majority of us watching enjoy him as a financial news and education channel, and not an investment channel. The classes, the hack startup, the election campaign... It's all a good way to burn cash. His income comes from sales of these systems, not the performance of the systems themselves. If I were Kevin (and I am not), I would go back to the news format, and push other peoples platforms and systems where my own personal name wasn't on the line. If my talents were in sales, then I would double down on the sales, but then take the income from that and throw it in safe cash flow investments like rentals, bonds, and dividends. All suuuuper boring stuff that is low maintenance, has good tax advantages, and can snowball income independent of how well current sales are doing. But making a video saying, give me money so I can horde it for 2 years before looking for an opportunity. It's a bad look. Even if it is the right play, it's bad optics. He should have worked on developing the company in the dark for another year and done the launch closer to a point of action. Tying up people's assets during a volitile and uncertain time is just going to create frustration when they could have that money in higher returning investments over the next year, or do day trading while we are in a sideways market over the next year. It isn't that house hack is a bad idea, or that waiting isn't a bad idea... It is that people are too impatient to wait a year or two before seeing movement.
Kevin, I would recommend that you hold off on all housing purchases until 2025. The sad reality is that we are going from 8% to 9% in 2023. The level of price decline will shock you and your investors. There is no objective data that sees a favorable change in the market. Many of your investors will need their money back as they lose their jobs and investments. There is no rational reason to buy for the next two years. Even with the purchase of these homes you will have to hold for at least 5 years to make any money at all. Maybe the Gods will favor you?
Looks like I’m gonna need to become a member to have that 5k entry point don’t think I can raise 20k by next yr… Kevin u should think bout doing 10k instead of 20k entry point…
When kev said he loved dealing w tenants if you watched for years as some of us have. He loves people and he’s a extrovert. But he does NOT love dealing with tenants and i do not believe that is what his primary goal is in any way. A bit worried why has to sell so much at same time he is often transparent in so many other ways. It’s weird quite frankly. But I suppose every word that comes out can’t be perfectly processed He really has a different approach but is essentially doing what grant cardone has done. It’s just a diff system BUT house hack and investor shares MAY allow a more beneficial payout. That is to be seen 👍🏽
Quite different from Cardone. And I love our tenants because they take almost no effort. You’re right, I don’t want to hear from our tenants. But I rarely do so that’s why I love them. I sold my real estate because I thought the market was peaking. Which it was.
@@MeetKevin yes absolutely correct it was a current peak. And yes if we have tenants we only deal with the joy of a seamless organized system well that’s absolutely correct I deal with the “easiest” group. Doctors ,and it’s still not fun exactly. But who can beat the real estate and equities portfolio !? No one. Although maybe I’d rather run a farm over expanding tenant numbers. ! I guess that’s where house hack may be a great product AI , algos, an experienced expert holding down the Fort. Let us know when or if accredited Canadian citizens with American property ( second home ) can invest ( would prefer now with the early shares benefit ) Thank you
So Orwellian! So Black Mirror! You’re so right-- it’s exactly what will happen without inspired legislation. I don’t want anyone in my country (or my world) to have to live like that.
Meet Kevin quote: "...and that's gonna be dope" Really Kevin !!! That's the way you talk? Or are you just trying to impress with how modern you are, as a human being? Who do you suppose, is your target audience? Who are you trying to impress? You spend an impressive amount of effort, to present you new enterprise, as modern, sophisticated, exceptionally well designed; and then punctuate your sales pitch with: "... and that's gonna be dope" !!!!!!!! Really Kevin? Clean up your act, or you're gonna be dope. Very poor Kevin. You should apologize. Sincerely, a real friend. Peace*
I don't get it. Kevin has been repeatedly saying HouseHack will only start buying houses at the bottom of the market, which was only expected at its earliest in 2023. I'm not an accredited investor. Is Kevin now saying he has investors who are less aware of HouseHack's plan than I am?
Hey Kevin if u are looking at the effects of the ten year treasury on housing would it be better to look at a 200 day moving average to see the changes in the last 6months, which is at 2.755.
Hi kevin are you at all redeveloping SFRs into 2-4 units in CA? I’ve recently done the design/permits myself on a few here in SoCal and would be interested in working with you on more. I have identified a few CA cities that have made this easier to do via ADUs and state housing laws.
Something did not sound right about the dilutive shares explanation, still sounds dilutive to me even with same value unless you're simply reserving shares for later fundraising like in crypto..
Hey Kevin, I joined the stocks and wealth course. Now I'm trying to join the discord, but the discord invite link in the course intro-video is expired. There are many people leaving comments with the same issue
I can tell by the like ratio people are really believing you.... You should sell courses on RU-vid channels, since its where you make the majority of your revenue. no?
