How To Become A Millionaire Through Real Estate Investing (Newbies!)

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Title	:	How To Become A Millionaire Through Real Estate Investing (Newbies!)
Lasting	:	10.05
Date of publication	:
Views	:	2,5 jt

can someone explain why loan is going down? don’t ppl pay the interest rates form bank every month?
Comment from : CarlLi

My wife and I, both in our 40s, married 14 years, 2 kids, only make 155K a year combined together Only debt is the mortgage We wouldn't know what to do with $400K a year I'd like to see these people live on what we do what could I do with this money to bring in more revenue for to cater for the kids?
Comment from : Adonis Orion

I admire the financial independence of people, But you can live better if you work a little more After watching this I think there are people out there, on the extreme, who plan to die early just to be able to retire early To each their own but to me retirement isn't just about not having to work, it's about having the freedom to do whatever you might reasonably want, such as travel, buying things, enjoying life, etc I don't think I could retire with less than $3m in income generating investments, maybe $2m at the very minimum I plan to work until I'm at least 45
Comment from : bahija rhafiri

And all those properties have roofs and heating system and plumbing andandand
Comment from : 1 2

which strategy is better for a total newcomer? like me)
Comment from : Rachell Cerise

that's not what cash flow is
Comment from : zahff

The equity thing is cool but don’t forget about the interest paid over those years It will be wayyy over the amount made on appreciation or the principal paid off unless you pay it off helllla fast
Comment from : Maxamillyan Badgett

Still a pretty solid video all of these years later Interest rates and the sellers market are marking investing harder but it is still doable!
Comment from : Skys The Limit with Mike & Ryan

How is the loan going down? Didn't understand that part
Comment from : Zaevski Andrej

This video is very basic and doesn't work in realistic market but work in text book and school exam
Comment from : Muhammed Alam

Uhhh… paying down debt is not increasing your net worth the Marjory is all interest up front You’re getting maybe $50-100 in value out of the $1500 you pay to start, not $1500 of value h
Comment from : Harrison

Great Content! We run a faith-based channel that focuses on AirBnB rentals as passive income and believe our content aligns well with your audience Let's explore collaboration opportunities that resonate with both our communities
Comment from : Jim G Coaching Club

🎉 great content!!! 🎉🎉
Comment from : Your Daytona Beach Realtors & Lifestyle Guides

Your math is flawd!! The $1500 loan reduction by the end of year 1 came out of the $2400 cash flow, meaning you've added 3 in value plus earned $900 ($2,400-$1,500) brAre you drunk?
Comment from : Ibrahim

I dont get why loan paydown is also included in ur net gain?
Comment from : Ramos Exeter

Not for investing ,stealers agent makes the broken my income and lost my business everywhere Stealers Vietnamese restaurant and everyone stealers must be pay off total amount due,not about investing don't talked about bullshit way decide my owner on the world not only Australia Australia Government must be pay off total amount due and deaths
Comment from : Phat Tang

5:02 how did you made 1500 on loan paydown? Can Anyone explain
Comment from : Priyansh Thakur

Forgot the interest on that $80,000 dollar loan and unless you have perfect credit/Fico looking at more like $120,000 or possibly more
Comment from : seek&destroy

As a realtor, real estate can offer various advantages like generating regular income, tax benefits, delivering competitive returns while managing risk, and protecting against inflation Whether you invest in physical properties or Real Estate Investment Trusts (REITs), it can help diversify your portfolio and lower risk Personally, I got interested in investing in REITs because of the dividends they provide, which is a fantastic way to grow wealth I currently hold AMT, CCI, and PSA, and I made $390k in profits in 2022
Comment from : Chris eearls

1- the income from renting are taxed so your 2400 a year are less 2- where is the cost of the loan? The bank gives you 80000 with no interests?? Idon't think so 3- the value of the property does not always go up, same as for the rent
Comment from : Giuseppe Pratola