HOW TO GET RICH WITH REAL ESTATE

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Title	:	HOW TO GET RICH WITH REAL ESTATE
Lasting	:	0.27
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Here's the full video guide: youtube/bJx7_1rWC6U
Comment from : @GrahamStephan

Idk why they don’t explain it past the point of sounding like perpetual debt
Comment from : @BaseCampMedia1

Yeah refinance it maybe next year lol
Comment from : @endocrime

Yea but you didn’t explain the work and money that goes into remodeling a trashed house lol
Comment from : @Dontworryaboutit12

How about the $25,000+ it costs to refinance, is that taken into account?
Comment from : @ZavHustles

Houses in my area are a minimum 410k
Comment from : @MrPress6

This is how we lost our house I'm not trying to be smart ass either
Comment from : @dirtykicksnbeats1699

Now is not the time to buy Recession like a dooms days
Comment from : @strangedays1

Money saving is also a way to get rich, Specially designed for real estate professionals ,REBLIE can help save their money and time also
Comment from : @reblie_maps

I cant even buy a vowel
Comment from : @lioneatsthesheep8996

Let say?? Are you a licensed appraiser? brThis is not true
Comment from : @Argentalian

You have to either have enough reserves to pay the second mortgage against the first property while the other one closes, or you have to have so much cash flow on the first property that the second loan pays for itself while you close on the other property
Comment from : @nelsonsanabria3130

Its a great system if you are already in it For me I've watched any home that I could ever want to own or live in triple in cost (at least) because of people like this Now I'm not saying it will be impossible for me to own a home nor am I faulting people for taking advantage of the system to make money and ellevate themselvesWhat I am saying is that what made these people wealthy wont be our route since we have been priced out of even entering the game at the moment There are ways to get ahead, just not the same way the previous generation(s) could
Comment from : @spencer7197

It doesn’t work that way Banks don’t care what the property’s for They want to see income to back up any loan
Comment from : @damienmartinez1376

You also need the money to refinance It ain’t free
Comment from : @erikw113

Has to cash flow though It's Def possible but in Florida the rent market sucks
Comment from : @seandenneyhomes

How Dave Ramsey went bankrupt 101
Comment from : @Hellsing12002

No, it's not that simple! There is a limit to how much debt you have Once you reach a certain amount of debt, you can't buy any more homes to fix up, refinance, and take equity out to purchase another house
Comment from : @tigerlee9613

cross collateralizing is riskey
Comment from : @mikeb1014

Sooo landlord leeching What they aren't saying is that they must increase rent on properties that already had a rental fee They need to increase the supposed value for them to extract it out It is the definition of a leeching There is zero added value to most of these most being bought and refinanced Just thick layers of paint and half assed repairs AT BEST
Comment from : @dorg9502

This is how you can make it and how you can get yourself screwed, nothing wrong with the ideas the key is the timing
Comment from : @user-dw3pu2hr3g

usery an eye for an eye makes
Comment from : @_Fadedpolo

Not in this market
Comment from : @toddai2721

And your credit score will never be high enough to get that kind of money
Comment from : @andreymontag

All this is is loopholes to get more debt Ill never understand it Theyre gonna take that money as a downpayment on even more debt Theyre just financing downpayments at this point
Comment from : @FishermanKyle

Seems simple enough! Just pray prices don't come down 😮
Comment from : @themarketjenius

Cool video Thumbs up!
Comment from : @skysthelimitpodcast

these people think 70 year old homes are a winning lottery ticket with no limit
Comment from : @PlasmaBurns

rinse and repeat until no one can afford a home
Comment from : @PlasmaBurns

I should've studied "Real Estate 101" while I was still in the womb
Comment from : @NoName-rq8ec

Maybe 40 or 50 years ago it worked, but not now because renters tear it up and can take a Rolls-Royce and turn it into a Yugo
Comment from : @hattrick5076

Only if u still have good credit
Comment from : @forrestfischer2911

Easy advice from the wealthy This country is fckud
Comment from : @violetjames7534

Amazing so I just need to constantly suck the money from people who want to start families and make sure they never can! Amazing!
Comment from : @manaman9625

that is if the rents are strong enough to keep up with the payments what a bunch of BS
Comment from : @amirkazemi2517

What your leaving out is ONLY HARD MONEY LOANS do that
Comment from : @orangecounty60

Build a house of cards so when we enter a recession and your tenants lose their jobs and stop paying rent you’re left with payments you can’t afford … yes 🙌🏼 genius incase anyone is interested they offer courses at any of your local circuses 🤡
Comment from : @10Elite23

💩💩💩💩💩💩
Comment from : @Nezekeh

Debt slaves entered the chat
Comment from : @hawkmattz4215

Are you homeless?? Dont worry, just buy a few houses and flip them😂 br They are aware thay cars are the price of houses now, and houses are the prices of mcmansions now
Comment from : @analogueoverdigital929

But if property rent is not matching to Emi so what do I need to do 😊😊
Comment from : @SubodhKatiyar-kg9vj

How to be an greedy person and enhance gentrification in your area so normal people cant live there anymore 101
Comment from : @mrtophat6592

And if it goes down you're scr*wed
Comment from : @Bitachon

Can anyone send full link brI am not able to find it
Comment from : @siddhantkorgaonkar2

Fun fact: oftentimes the most profitable way to increase the value of a property is to add units to it This results in more housing, a net gain for the landlord, but a net drop in overall housing prices Why doesn't this happen? Because zoning laws prevent landlords from building more housing, so they just build "nicer" housing and price people out of the area Landlords aren't causing homelessness, the government is
Comment from : @SuperNovaJinckUFO

Yeah r3nt it for way too much Avg person can’t afford
Comment from : @debraholmes2854

Not just that simple folks a number of factors and risks not taken into account
Comment from : @dtayism

Simple≠easy
Comment from : @benope5497

That's a lot of work and wishfull thinking everything is going to come out clean better have a bucket of money to make payments on the new loan and new mortgage when the tenant doesn't pull throught and if you get a professional Tennant, good luck
Comment from : @guywarhurst8072

What about fixing costs and loan percentage will be more than your benefit
Comment from : @user-nj9jv4ds7l

All this time I just had to buy a $1 million home and my problems would be fixed
Comment from : @summoultimus

Yes I followed his recipe by the time I had my 20th property my house of cards completely collapsed Can I get a refund on that smart advice?
Comment from : @HunterMann

And if the housing market crashes?
Comment from : @matthewfossay9815

That is why guys in amerika always will have real estate crises Holy moly
Comment from : @hajvankiller

Key is to make sure house is in good condition
Comment from : @carlosv2283

Taxes are The question , I know people that owe taxes on There House and about to lose their house , What do you do
Comment from : @yolandamorua107

Refinance? No No
Comment from : @banhmi8122

These guys have learned the Indian ways
Comment from : @syedrahimsaqib2218

And when these greedy people over leverage and crash and burn I pick their hole portfolios up for cent on the dollar at auction 😁
Comment from : @Did-I-offend-you

So they give me a loan for my equity in the property? That makes no sense That's my money; and I have to pay back my money with interest? 🤔
Comment from : @realgems24

I think once you own a residential property, you shouldn't be legally allowed to purchase another residential property
Comment from : @derpataur1162

housing should have never been a business 🥷🥷
Comment from : @presidential3228

And when your tenants don’t pay?
Comment from : @TheJustonemore

BS
Comment from : @joking6052

Would that equity loan count as per of the dept/income ratio when financing the the new property?
Comment from : @marualfaro7290

FYI for those that dont know YOU dont get to determine the value of your house the market timing and the appraiser the bank sends out will determine how much your house is worth this guy is spitting lies This only works if the value of your home after fixing it up actually goes up and not just because you say so
Comment from : @nathanmedema5458

Or you claim your $18M dollar property is worth $12B I mean $15B I mean When does that Forbes list come out? make it greater again $18B 😂🍊🧌
Comment from : @davidowle3772

It kinda sounds like fraud Dont lenders require you spend the money you’re lended on what’s stipulated in the loan agreement?
Comment from : @lucasrabb

Didn’t they change the rule you have to hold your house a year to refinance?
Comment from : @zackmckenzie3582

You're days are over Time to find a real job
Comment from : @markz1013

Maybe for the first house , but if you have a hand full of home all maxed out , you are screwed
Comment from : @j1crx

That what I do
Comment from : @sahidshams1208

Anyone that tells you “it’s just that simple” doesn’t have a clue what they’re talking about Run the other way
Comment from : @YT_Watchers

Sorry mate it dose not work like that unfortunately
Comment from : @gurconprojects2128

And this is why are here today
Comment from : @elmztana1201

So what donald trump just got indited for
Comment from : @master_hite

My understanding is you need to qualify to refinance, its not free money they are not just giving money away because you think your home is worth more The bank will verify you can afford the added debt If you got a mortgage/loan originally say for 250k and wanna cash refinance and pull 100k of equity you need to show you can afford it You also get a new interest rate might not be as good if your credit is bad from all the credit lines you are pulling or debt to income not lining up 100bucks im rental income is not alot fiy its practically breaking even and on paper like any business you are breaking even and wont qualify for crap Its takes time and you still have to keep a job/work some income to finance your game plays Or investors daddy’s money etc
Comment from : @sexymonkey4979

im always stuck at "you buy a property"
Comment from : @arnoldpablico2130

Sounds like racking up debt
Comment from : @fernandodatil2740

Unless you can’t qualify for the loan
Comment from : @jackflip4877

Here’s a strategy, you get a Home Owner looking to sell to Sign an Options agreement with youbrYou get a loan to flip their house for them Increase the value of their home when they sell, and you pocket either a set amount or the difference from the profits
Comment from : @stevejobs3895

I found better success in the same strategy, but rather than renting just sell the property and pay off the mortgage A step above world be to buy the property on a credit line rather than setting up a mortgage The right bank makes all the difference
Comment from : @MikeSyraxx

This is why the housing market is so crazy These people ruined America for the rest of us
Comment from : @Rhythmaxed

Graham the proceeds of that 70 do I have to invest that in the same state?
Comment from : @blakegracia5892

Isn’t that dangerous because now you have a monthly payment due for a loan to get a loan? That you have to make payments on?
Comment from : @stefansnell174

Taxes taxes taxes oh but wait probably doesn't always appreciate
Comment from : @dstowe1927

U hav to pay back w high interest that loan
Comment from : @user-wl9nd5db7c

USA is not far from starting shrink in population Homes won't be overly expensive for many more years Whole world issue and it's going to decline much sooner and faster than estimates
Comment from : @pondmegastore