4 Ways I Make Money On My Real Estate Properties | Patreon Exclusive
🕑 Added 2021-07-21 16:47:46 +0000 UTCThis video is a Patreon exclusive and NOT TO BE SHARED. I appreciate you all. If you have any questions, please reach out to me.
Comments
Terrick Blanks
Now I have a better perspective on how real estate company rent houses in bulk and accumulate wealth in assets and in monthly income * the properties they rent out
Maurice Neal(Resmny)
Hello Eugene. I Just Recently Joined. I Don't Know If Your Question Was Ever Answered. Net Worth=Assets-Liabilities
Robert Whitehead
Thank you for broadening my prospective.
Eugene Celistan
Great info! How do I actually practically calculate net worth?
Raymond Brown
Living the gems you're dropping, definitely done things to think on strategically when considering my next property and how I want to go about building moving forward.
Mike Wyatt
Phenomenal
Mike Wyatt
Phenomenal information
Garrett Williams
You was in your bag on this video!
Lincoln Ward
Congrats on the house
Lincoln Ward
So because you put all of the money into the mortgage it no longer counts as income? If so, could you instead apply the extra cash into investments (stocks)? Or does that still count as income since it's not being applied to mortgage itself?
L.T.
I love real estate, and own mutliple multi-unit properties myself however, right now I am waiting with my money tied toward equities in my rothIRA/liquidty while I await the downturn. Prices are currently inflated and due to correct. Conversely I am not knocking anyone who is taking advantage of the current interest rates.
IsHeARealOne - VadaRealMC
Very interesting perspective. Something to consider for sure bro
Ced Judson
Just closed on my first home in June and I went into the market with the mindset of finding something well done with the potential for me to increase the value by at least 50k within ten years of living there. The lawyer said to me at closing, that by making just one extra mortgage payment the first 8years it will knock off 8years on the backend! Thought that was a golden nugget. And combined with the AD strategy it shouldn't be long before I'm looking for another property. Thanks big homie. Appreciate you!
Anton Daniels
I disagree with the strategy
michael carter
Investing as long as your returns are higher than the interest you pay on the debt. Some public listed companies use the tactic very well
Darian Brown
I think prioritizing investing or increasing asset at a faster rate than decreasing liabilities is a better move long term... not saying liabilities won't decrease but the rate of decrease isn't as important as the increase of assets
Darian Brown
Sorry but I have a little push back because it goes back to the 15yr vs 30yr... what inflation goes up so fast that you're better with the 30yr because you'll be paying the mortgage plus interest off with less value money at a fixed rate. Also, in such case the actual interest may be irrelevant if it's offset by inflation over the long term. However, even with the interest offset, I do understand your desire to increase equity as fast as possible because it does aid to net worth, but if you know how to use that extra income its net cashflow for better returns elsewhere, it'll be better to pay off mortgage slower and take advantage of the 30yr.
Demario Don
Thank you for this knowledge and understanding
Lemec
Even as a realtor I definitely wasn't taught this game. The, "cash flow is king" has been the only sermon I've known. But this makes for a better exit strategy while also reducing your taxable income. Appreciate you passing on the info!
NinjaDad04
smh, you know the school system is broke when a "C student" teachings are more useful/fruitful than 99.9% of stuff learned in school. Keep killin it, bro.
Ms libra
This was a lot, very interesting though. I will definitely be watching this video again.
ChitownFitQueen
Great tips AD 👏🏾 thank you for the gems 💎
Alicia Delrosario
Hello I recently dm you on instagram...there is a petition going around to remove your "uncle" from all social media platforms. Its gaining signatures
The BucketMan J
I dont get it. I need two min videos. Loool. Imma be in that 59 dollar spot soon. I need you by my side.loool
Justin Hudson
Great video! Any chance you can do a video breaking down your RE portfolio?
Devon Gordon
This is my next step in the financial journey. Once I get my promotion at work at the end of the year, I definitely will be ready to purchase some properties. As always, thanks for the videos!