Title | : | HOW MUCH ? I MAKE on a $240,000 PROPERTY (1st ? investment) |
Lasting | : | 0.52 |
Date of publication | : | |
Views | : | 375 rb |
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The year is almost over and very glad about the decisions I have made so far Investing in the market earlier this year regardless of the crypto market conditions has saved my life I made over 70k USD with a start of 25k in the last 7 months I know it's nothing compared to what others make but I'm glad I'm changing my finances with Gustavo Hillard Comment from : carlson joe |
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What Zillow say is bullshit Comment from : Ashton Acosta |
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i have 8 airbnb properties making25K from each i recommend to everyone Comment from : MNecati Sepetcioglu |
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Wow great equity you got Comment from : Mina S |
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Creating wealth and gaining financial freedom isn’t as difficult as lots of people think Through the right information, building wealth and staying financially stable forever is way easy Investing is the only true way to earn a great income and staying wealthy forever Comment from : Stephanie James |
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This is why I love investing in RE! Don’t forget all the tax deductions Comment from : IMDOC78 |
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🔥🔥brilliantly done! Nj loan officer here Stay Blessed Comment from : The Noob Entrepreneur |
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Thought you were Erika Kullberg Comment from : Sherry Jackson |
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You make $2050 a month but 2/3 of it goes to taxes and expense and you only get 1/3? Comment from : Defense General |
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Fuck that I like fast mula Comment from : Jim Bean |
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Taxes??? Comment from : Josh Byrne |
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How did you save that 60k was it home equity, 401k? Comment from : Ali Coralic |
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Thank you!! Comment from : Vuongiam |
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When do you report it on your tax return? Does this affect it in any way? Comment from : Browwn_Devil |
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spent $73k to get it running and only seen $58k back after 8 years Comment from : Benny visuals |
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If you put money down they violated consumer credit laws and you should be able to get your money back and own the house out right You’re welcome Comment from : Carl Huff |
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Repent from your SINS and receive life from Lord Jesus Christ and be saved in Jesus mighty name amen Comment from : ETERNITY |
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If we keep long time flip we get double the amount Comment from : Prabhaker Chary |
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Tht price is a jokei bought my house in Cali for 775k with a down paymwnt of 78k and 3800 mortgage Comment from : DannyBoy |
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What city and state is this property in ? Comment from : Hanzo1777 |
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58K in almost a decade isn’t a lot Comment from : Rad Boi |
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>>Great video! I really do have a question For someone with less than $10,000 to invest, how would you recommend we enter the crypto market? I am looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally What’s your take on this approach? Comment from : Geneva Bennett |
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Everyone is arguing about her ROI but no one has mentioned the fact that she bought 1 year after the absolute bottom of the 2008 financial crisis I bought in 2011 by pure luck and made a really good return, but this girl is acting like she is savvy Anyone who bought in 2012 should be making A LOT OF MONEY right now Comment from : Christopher Neil |
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I don't get it so 8 years down the line you still haven't been able to pay the rest of the money off lol sounds dumb or am i missing something ?? Comment from : Nostromo |
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I only rent out houses under 80k otherwise it’s a wast of time and such little profit because you have the mortgage to pay you would have to have a lot of rental properties to really make a difference in your life …therefore I just buy rehab and sell for higher price no renting out my house but if so again only cheap houses 50-80k👍🏾 Comment from : Pablo Ray |
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One of my properties cost me 130k in a good middle class neighborhood It now worth 168k the monthly rent is $1680 taxes are $4500 I hove no debt Just got another one (135k paid cash) in a upper affluent neighborhood (the property was damaged) with the repairs I will be close to 190k The rent will be $2000 But 500k is just a little bit zless of what 3 of my properties worth So not bad if you are looking for equity I look for a middle point between cash flow and equity Keep up Comment from : 1 Name |
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Everyone here complaining about now I just need 60k Get a life work for the 60k for men get your damn cdl is good money Learn a trade that pays or go to college while you work If you want success you have to literlly eat that shit day in day out untill you get there Can’t have fun can’t go out literlly have no life but once you start with one it’s the snow ball effect from there Comment from : Joshua Canales |
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That was ur not physically there or in the picture Comment from : Charlina Pryor |
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You rented for less than 1 of the purchase price Isnt that not a good deal? Comment from : Chris |
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Girl you need to gimme some a that money for real Comment from : GORILLA PIMP |
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abolish renters Comment from : Ecotono irrelevante |
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Lmfao Comment from : Jaron Real |
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Which state?? Comment from : solsypineiro |
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Iam from India can I know where did u buy this property in which country Comment from : Goli Abhilash |
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Eventually it will be paid off and you'll be even better brbrWhat you're forgetting is people don't fucking have 60k dollars Comment from : TheSkepticSkwerl |
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How the heck do people put $60k down Comment from : Juliana Gil |
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I appreciate the transparency about how your building wealth for your family I hope others will listen and take action! Comment from : Real Luxury By Shayla |
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Get rich slow! Comment from : Realty Growth Inc |
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That’s terrible… Comment from : Cebolla |
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Dumb Comment from : Jack Reston |
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What a steal Comment from : Brandon Jackson |
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This doesn't sound unfair at all that your bpassive/b income investment magically doubles in value when you literally do nothing to fix after tenants move infuck every landlord Comment from : AssBlasster9000 |
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This is what 99 of people say, “my house is worth so much more now” but reality is most people never sell, so why talk about equity? Comment from : Mateo Tinoco |
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Awesome! Have you tried multifamily investing? Comment from : Jennifer Miller |
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That's not much considering how much money you have to invest and work Comment from : IneedTurles |
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can anyone help out a broke hard worker $ToxicVxpe Comment from : AirForce Juan |
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Please for the love of god Do not sell just refinance 😅 Comment from : Vinny Lifts 6 |
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Now change that to 2500 mortgage payment and the house price to 400,000 but same rent and see if that works out Comment from : saurabh sinha |
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So u need approximately 8 years to lay off and start making money Comment from : Βασιλης |
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This is a TERRIBLE ROI Absolutely disgusting Comment from : Christian Bennett-Nava |
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So you just had $70,000 lying around? So sad for me that at 2012 I made the mistake of being 13 years old Comment from : X Kaxsky |
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So in 8 years you still haven’t offset the down payment and cost of mortgage, interest, taxes, insurance, and maintenancebrbrDoesn’t sound like a good deal Comment from : J O |
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How in the absolute hell did you get the first 60k?brbrIt took you 8 years and 60k to make a second 60k WHERE DID THE FIRST 60k COME FROM Comment from : Pensnmusic |
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For years I struggled with outstanding debts, bills and my children's school fees I was at a point where I wanted to give up when I came across YouTube about how to make and multiply your income through passive income Fortunately, I had saved some money and decided to start an investment (with the help of an investment advisor) Right now I'm sitting on a 440k worth of properties and have paid my debts in full Comment from : Donald Gaff |
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Housing should not be a business, but that's not the world we live in Comment from : Steven Miller |
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What EIN did you choose for your LLC? Comment from : Megan Miller |
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So she got back her initial investment after 8 years Comment from : Yakety Yak |
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Fuck rich asians where did you get all that money from? Comment from : Ryon |
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Hopefully she doesnt have the same person living there for 8 years its getting close to squatter rights Comment from : SageGod |
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In this economy it's not worth that much Comment from : tommy krynock |
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It could be right math in right residence But she forgot to add taxed amount for year end even thought it still good investment Congratulations 🎉 Comment from : Tuan Vu |
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Is it broken, that now everyone is doing this? I see everywhere and no one owns crud, in some places it looks nice, but it’s impossible to even compete now Would be nice if home prices would be more regulated for the average citizen instead of corporate Comment from : Quemin man |
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How much were your closing costs? Comment from : Kay Byrne |
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Your math ain’t mathing, how is it you have an $800 mortgage on a 180k mortgage? Must be a 40 year mortgage I guess 🤷🏻♂️ Comment from : frankheatt |
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Zillow is not accurate Comment from : Erika Ingram |
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Like these ideas Comment from : Beautiful Britt |
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Nile that's too high you can clearly go to foreclosure list with a down payment Comment from : Tracey Bean |
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If the property is worth $500000 why don't you charge 2500 at least Your only paying 800 for a 241000 house Whats your interest rate 01? Comment from : Chilla Bees |
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Where do I start, as far as gaining the knowledge? Comment from : Semaj James |
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2012 was a good years to buy Comment from : Gray the Feral Cat |
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With a loan ? Or cash Comment from : Ant |
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So if the extra 300k that was added over the years can she pull it out with no back lashes like legit free money Comment from : A SIMPLE JOURNEY |
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She's forgetting that you pay taxes on the rent you receive from the renters So 676 a month is being taxed unless she's able to have a tonne or write offs These people forget to share all the details and make it seem like buying some properties is going to make you wealthy False news, you need a lot of properties to actually do well at this And now she's making money from YouTube getting all the likes and subscribers Comment from : MrHallen87 |
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How do you get paid using a management company do they send you a check or you send one to them pls help Comment from : Ace Lattè |
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So u still didn’t get back the principal payment yet Comment from : Lizard Man |
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With your money or the banks? Comment from : Kingtreeez_____ |
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How did you find the right property to buy? Comment from : Keaton H |
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So you paid 62k post tax income to make 58k pre tax over an eight year period? Probably another 4 years before there’s a profit Comment from : Han Tor |
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Good one $210,000 home not in CA lolbrIf you sell that’s all income and get tax a lot Property gains tax she wants to pay that go ahead If it was that easy everyone with be property owners a lot try after seeing these videos and lose it all Not being negative just realistic and honest Also remember she just wants the clicks for revenue so take all these videos with a grain of salt Comment from : jmidesigns |
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The first trick is getting the 60k down huh Comment from : Nicolas Esparza |
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And inflation Comment from : dz |
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Nonsense You can't insure a $240K property for $600 per year Comment from : J C |
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The background music is distracting Comment from : Jeanne Jones |
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If you want to blow smoke go smoke a dart Comment from : Ch E |
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At $700 profit a month that would take what almost 8 years to get your down payment money returned, not even counting the rest off the money you invested… seems like a low return for your money 😢😢 Comment from : Rachel Smith |
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Stop taking up all the homes you fkn investors Comment from : JM |
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good for you, you can't get 200k or even 300k in Aus lol the unaffordability has become a joke Comment from : May |
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Not really though bc you would sell home for fiat usd which has devalued at a rate in which you really wouldn't be ahead much And just bc your rental was passive its a big risk with renters ect I'll pass Comment from : Brandon |
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I’d rather buy a mobile home for 10k put another 15k into renovations put it on a 30k lot with water, sewer and electricity hookups and charge 1200 a month Manage it myself and have minimal overhead This would be my route starting out Comment from : Cody B |
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Would you buy out of state? I’m from Hawaii and it’s too expensive to buy a home here Comment from : Reyna808 |
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My uncle mike Tyson Comment from : whodat |
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It's nice to brag when the property value goes up What if the property value goes down? Wanna share that part of the truth? Comment from : hh 06 |
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Ummm you forgot cap ex, maintenance and vacancy That’s easily another 18 of gross revenue Comment from : jonathan messri |
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5 year bubble, apriciation Comment from : 2 A |
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