Successful people don't become that way overnight. What most people see at a glance- wealth, a great career, purpose-is the result of hard work and hustle over time. I pray that anyone who reads this will be successful in life..
@@edithgicquel7104 I totally agree with you, the crypto currency market is the most profitable venture I ever invested in, I reached my goal of $200k yearly trade earnings. Setting realistic goals is an essential part of trading
It's so great seeing a engaged student voluntarily learning. He chose to dress up and learn about real practical knowledge to improve his life instead of being lectured/quizzed to death.
He has over complicated things , this is actually pretty simple to understand just take a property for example $100,000 and 20% down payment and 80% loan at 4% interest and $20,000 your money as down payment and $80,000 loan and let’s say rent is $1,000 a month and operating cost be 40% of 1,000 so 400 a month so 4,800 a year and loan is 3,200 a year so total 8,000 a year so 12,000-8,000=4,000 and now raise rent by 200 a month so now 2,400 a year now add both together 4,000+2,400=6,400 so now 6,400/20,000 X 100= 32% ROI
*To achieve greatness, you need to start working towards it.* Investing remains the smartest way to prepare for the unexpected. Been into this for 6yrs and I’m extremely pleased with the returns. The good news is - *it's not too late to start.*
@Hernandez Torres Understanding your financial needs and making effective decisions is very essential. If I could advise you, you should seek the help of a financial advisor. For the record, working with one has been the best for my finances.
@Hernandez Torres I work with a CFP *(Donald Nathan Scott).* Quickly do an internet research with his full names as mentioned where you can easily get in touch and as well write him.
Donald is the best in this space, I'm happy to come across these recommendations. I have worked with him and I am impressed with the thoroughness and professionalism of his services.
Thanks for this wonderful video..I have incurred so much losses trading on my own....I trade well on demo but I think the real market is manipulated.... Can anyone help me out or at least tell me what I'm doing wrong?
Bro i have a stupid question , been studying this dude but still haven’t made deals yet because i want to know every single thing . Will the bank finance you a big debt , even if your low income salary doesn’t meet the criteria but the deal you want to buy is an amazing deal that will produce a huge amount of income on the spot , like the deal already has cashflow flowing and the proof can be provided with the right language so they can see you will get instant cashflow , will they finance you the deal? I live in aruba .
I feel like there is a part missing. I have watch it many time. At 9:09 grant you say remember my N.O.I and after that you make a calculation with 20,000$ wich i have no clue where it come from. Can somebody enlight me please.
Can you make a video explaining how beginners can make huge profits within a short period of time? I mean I was at a seminar and the host spoke about making well over $880,000 within 4 months of investing $150,000 I just need to know how
I recently started my trading with Mrs Annabelle Hartfield, and I'm already marveling over the profits she made for me, assuming I met her on time I would've been a millionaire by now
it's great to see others who also benefits from the service of mrs Annabelle I’m currently on my 5th trade with her and it's a nice experience working with her👍
at 8:16 he says "I'm good at $360k because 3% pays him an 8% return" - So he is acting as the investor so the kid can buy the property. Purchasing property (2 units) for $360k, got it. 8% cap rate, got it. What is he talking about with the 3% that he is ok with?
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BUT YOU STILL HAVE TO PAY THE LOAN FROM THE CASH FLOW YOU GENERATED, WITH THE SAME CASH FLOW YOU GENERATED, YOU COULD SAY YOU BOUGHT THOSE FOUR UNITS FOR FREE IN 19 YEARS, CONSIDERING THE DCR WAS 18,640 HIGHER THAN AS HE SAID, this 33.2 porcent you can generate from the money you put down for the loan which is 15 porcent of the total loan, but you still can sell it
Amazing to see another who trade with Mrs Nicole Brusher, I'm currently on my 5th trade with her and my portfolio has grown tremendously. Her weekly signals are highly profitable
I invest with Mrs Nicole Brusher too, she charges a 20%commission on profit made after every trading session which is fair compare to the effort she put in to make huge profits.
As a first time investor I started trading with, Mrs Nicole Brusher, I personally appreciate her straight and simple approach towards educating traders. My portfolio has grown more within just weeks of trading with her.
To be honest I am not surprised to see you mentioned Mrs Nicole Brusher. She is the lady for the beginners and her strategys are great just by applying her strategies, I now trade independently. I'd advise any novice in investing to trade with her.
Based on your comment alone I can tell you're a loser. How about a real life example that happens every day, like his dad being the "main investor" in the deal and putting down the 20%, and his son being a part of EVERY STEP of the process. See how easy it was to make this a very real example? Only a loser who clearly has never done business or investing successfully makes the comment you made
@@ebensales3496 Any fool knows that in today’s market with the information that’s available, people don’t sell deals for half price. This is not the 1970s
And it works until one person can’t or decides not to pay by choice and the govt says you can’t evict them due to a pandemic. Then hopefully you can go back to dad and make up the difference for the one not paying in a best case scenario. In the best of times it’s not easy to remove people who aren’t paying. This assumes a perfect never ending scenario.
@@grantv2313 that's why you assume managment and vacancy "fees". The exposition might be a little simplified and it doesn't take value from it. That might be a longer conversation reserved for another time or space.
This is one of the reasons why commercial real estate only truly works at scale. The more units, the easier you can absorb if a few tenants are not paying. You also factor vacancy (including non-payment) into your underwriting.
Then after the +$200 increase, 2 of the 4 tenants renig on their rent totally, and squat in the residence for 4 months. You're on the hook for the 4 months while the courts take their sweet time to get them evicted. That's the rub. All if this is under the assumption that you have 100% occupancy 100% of the time. Fine if you own 200+ units. You're still making $ at 50% occupancy. Not so cool if you own one unit. Total crapshoot to borrow money from your folks on that 1st deal.
Did he just say you’re not going to be able to rent anything over $1000? The average rent where I’m from is no less than $1500 for 1 room maybe MAYBE 2 rooms you’ll get it for that price I actually know a couple that rents rooms and they’re charging $900 a room and guess what? There’s never been a vacancy. Crazy the world we live in right now
No because you are just bringing the rents to market value. You are not increasing your CAPEX by just going up on rents. If you make improvements on the property then yes it would effect your COC return like he calculated at the end.
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the best way to start a business with no money is to learn high income skill and start a side hustle then convert it to a business. a fellow creator......
…he lives in dream land. As if renting for 1k is guaranteed. You take a loan out and you lose money. And if you have 300-400k to invest and make 6% per annum, you are a lucky man. Scam artists at their best.
So I want to start this tomorrow. Do I go ask my dad for $50,000 to start? I’ll go to the bank myself but where do I get 50,000 or what do I need to say at the bank, in detail, to get me started?
It depends on what type of contract you offer to your renter. You can offer them water and electricity included but you can make them pay for that themselves. However if you let them pay themselves you need to lower the rent so that people still want to rent your place even though they need to pay for the utility.
@grant cordone not how you buy Grant. Yes it does matter what you buy and negotiations matter at buy rate. You need to always stay at a current and future positive equity position. So many people are going to be in default positions due to high ticket sales consultants like you
Fantasy. You're not borrowing $50k on a $350k project at market interest rates. At minimum you're putting down $87,500. Sadly, as well, when rents go up, your expenses also increase. So much wrong with this example.
You do? It felt like a complete waste of lifetime watching it. He just kept running in circles. What did he actually say besides that you should invest if you got the money?
You taught him how much you could be getting by owning the 4 properties every year by renting them out. What about where to get the initial $400,000+ USD in the first place to get a property before you start renting it out?
I don’t think he’s actually renting them out. He’s selling the deal to own the rental properties. You only need the rent price to find your G.P.I., N.O.I. Stuff like that. No money needed for you to do this at all
Where did he get 1.25 and .065 in the equations below? Is .065 the interest rate on the loan? $28800 divided by 1.25 = $23,040 ⟶ the max principal and interest this deal can handle is 25k worth of debt $25000 divided by .065 = $400k ⟶ this is the max amount that can be borrowed to fund this deal
