Steven Nguyen, PharmD, MPH
Steven Nguyen, PharmD, MPH
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How I Plan To Achieve Stress Free FAT FIRE
Check out all my links! linktr.ee/makingmultifamilymoney
Join one of my mentorship and coaching programs:
Multifamily Money: steven-nguyen-s-school1.teachable.com/p/making-multifamily-money
Direct Mail Master: steven-nguyen-s-school1.teachable.com/p/directmailmaster
Tackling Student Loans: steven-nguyen-s-school1.teachable.com/p/tacklingstudentloans
1 Hour Coaching: steven-nguyen-s-school1.teachable.com/p/1-on-1-coaching-1-hour-session
Full Day Workshop: steven-nguyen-s-school1.teachable.com/p/full-day-workshop
I use Propstream to find off market deals. For a free 7 day trial, use this link: trial.propstreampro.com/steven/
I use Yellow Letters Complete to outsource my direct mail marketing campaign: calendly.com/ylc-dave/friend-of-steven-nguyen
Buy My Documents Below!
Multifamily Underwriting Calculator
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Letter Template
steven-nguyen-s-school1.teachable.com/purchase?product_id=5223369
City Market Research Guide
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Join my free weekly newsletter if you want to learn more about multifamily
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My Financial Journey While Working Fulltime W2 Without Help From Family
2013 - Graduated pharmacy school with $250,000 in student debt
2017 - Paid off $250,000 of student debt, promoted to pharmacy director, bought 1st house hack
2019 - Bought 2nd house hack
2021 - Executed a cash out refinance then bought 3rd house hack, 4th single family home out of state, 26 unit apartment, 200 lot mobile home park
2022 - Bought 20 unit apartment
2023 - Renovate 26 unit and 20 unit apartment, cash out refinance 20 unit apartment complex, sell mobile home park for a loss
2024 - Bought primary residence, cashflow $10,000/month plus with 52 stabilized units, 6 million net worth
#MakingMultifamilyMoney #realestate #brrrr #financialfreedom #realestateinvesting #apartment #cashflow #personalfinance #personalgrowth #mindset #multifamily #investing #investmentproperty #business #course #passiveincome #mobilehomepark
Переглядів: 169

Відео

Fiancé & Finances | Pros & Cons Of Being A Young 22 Year Old Pharmacist
Переглядів 1922 години тому
Check out all my links! linktr.ee/makingmultifamilymoney Join one of my mentorship and coaching programs: Multifamily Money: steven-nguyen-s-school1.teachable.com/p/making-multifamily-money Direct Mail Master: steven-nguyen-s-school1.teachable.com/p/directmailmaster Tackling Student Loans: steven-nguyen-s-school1.teachable.com/p/tacklingstudentloans 1 Hour Coaching: steven-nguyen-s-school1.teac...
Real Estate Tax Advantages I Plan On Using Once Married
Переглядів 2174 години тому
Check out all my links! linktr.ee/makingmultifamilymoney Join one of my mentorship and coaching programs: Multifamily Money: steven-nguyen-s-school1.teachable.com/p/making-multifamily-money Direct Mail Master: steven-nguyen-s-school1.teachable.com/p/directmailmaster Tackling Student Loans: steven-nguyen-s-school1.teachable.com/p/tacklingstudentloans 1 Hour Coaching: steven-nguyen-s-school1.teac...
How I Used A W2 Job To Scale 52 Units
Переглядів 2697 годин тому
Check out all my links! linktr.ee/makingmultifamilymoney Join one of my mentorship and coaching programs: Multifamily Money: steven-nguyen-s-school1.teachable.com/p/making-multifamily-money Direct Mail Master: steven-nguyen-s-school1.teachable.com/p/directmailmaster Tackling Student Loans: steven-nguyen-s-school1.teachable.com/p/tacklingstudentloans 1 Hour Coaching: steven-nguyen-s-school1.teac...
Fiancé & Finances | My Biggest Mistake Of Prioritizing Real Estate Over My Relationship
Переглядів 6599 годин тому
Check out all my links! linktr.ee/makingmultifamilymoney Join one of my mentorship and coaching programs: Multifamily Money: steven-nguyen-s-school1.teachable.com/p/making-multifamily-money Direct Mail Master: steven-nguyen-s-school1.teachable.com/p/directmailmaster Tackling Student Loans: steven-nguyen-s-school1.teachable.com/p/tacklingstudentloans 1 Hour Coaching: steven-nguyen-s-school1.teac...
How I Use My Time Efficiently To Work Full Time & Scale To 52 Units
Переглядів 16112 годин тому
Check out all my links! linktr.ee/makingmultifamilymoney Join one of my mentorship and coaching programs: Multifamily Money: steven-nguyen-s-school1.teachable.com/p/making-multifamily-money Direct Mail Master: steven-nguyen-s-school1.teachable.com/p/directmailmaster Tackling Student Loans: steven-nguyen-s-school1.teachable.com/p/tacklingstudentloans 1 Hour Coaching: steven-nguyen-s-school1.teac...
This Concept Helped Me Scale To 52 Units & 6 Million Net Worth
Переглядів 36114 годин тому
Check out all my links! linktr.ee/makingmultifamilymoney Join one of my mentorship and coaching programs: Multifamily Money: steven-nguyen-s-school1.teachable.com/p/making-multifamily-money Direct Mail Master: steven-nguyen-s-school1.teachable.com/p/directmailmaster Tackling Student Loans: steven-nguyen-s-school1.teachable.com/p/tacklingstudentloans 1 Hour Coaching: steven-nguyen-s-school1.teac...
How I Habit Stacked Over 11 Years To Build Wealth
Переглядів 23416 годин тому
Check out all my links! linktr.ee/makingmultifamilymoney Join one of my mentorship and coaching programs: Multifamily Money: steven-nguyen-s-school1.teachable.com/p/making-multifamily-money Direct Mail Master: steven-nguyen-s-school1.teachable.com/p/directmailmaster Tackling Student Loans: steven-nguyen-s-school1.teachable.com/p/tacklingstudentloans 1 Hour Coaching: steven-nguyen-s-school1.teac...
Fiance & Finances | Talking About Our Different Investment Strategies
Переглядів 99919 годин тому
Check out all my links! linktr.ee/makingmultifamilymoney Join one of my mentorship and coaching programs: Multifamily Money: steven-nguyen-s-school1.teachable.com/p/making-multifamily-money Direct Mail Master: steven-nguyen-s-school1.teachable.com/p/directmailmaster Tackling Student Loans: steven-nguyen-s-school1.teachable.com/p/tacklingstudentloans 1 Hour Coaching: steven-nguyen-s-school1.teac...
Breaking Down My Living & Housing Expenses Over 11 Years As I Bought 52 Units
Переглядів 71621 годину тому
Check out all my links! linktr.ee/makingmultifamilymoney Join one of my mentorship and coaching programs: Multifamily Money: steven-nguyen-s-school1.teachable.com/p/making-multifamily-money Direct Mail Master: steven-nguyen-s-school1.teachable.com/p/directmailmaster Tackling Student Loans: steven-nguyen-s-school1.teachable.com/p/tacklingstudentloans 1 Hour Coaching: steven-nguyen-s-school1.teac...
Why 99% People Will Hate You While On Your Wealth Building Journey
Переглядів 734День тому
Check out all my links! linktr.ee/makingmultifamilymoney Join one of my mentorship and coaching programs: Multifamily Money: steven-nguyen-s-school1.teachable.com/p/making-multifamily-money Direct Mail Master: steven-nguyen-s-school1.teachable.com/p/directmailmaster Tackling Student Loans: steven-nguyen-s-school1.teachable.com/p/tacklingstudentloans 1 Hour Coaching: steven-nguyen-s-school1.teac...
Fiance & Finances | Buying Our Forever Home After Getting Engaged
Переглядів 980День тому
Check out all my links! linktr.ee/makingmultifamilymoney Join one of my mentorship and coaching programs: Multifamily Money: steven-nguyen-s-school1.teachable.com/p/making-multifamily-money Direct Mail Master: steven-nguyen-s-school1.teachable.com/p/directmailmaster Tackling Student Loans: steven-nguyen-s-school1.teachable.com/p/tacklingstudentloans 1 Hour Coaching: steven-nguyen-s-school1.teac...
What I Experience Owning 52 Units Of Real Estate
Переглядів 1,2 тис.День тому
Check out all my links! linktr.ee/makingmultifamilymoney Join one of my mentorship and coaching programs: Multifamily Money: steven-nguyen-s-school1.teachable.com/p/making-multifamily-money Direct Mail Master: steven-nguyen-s-school1.teachable.com/p/directmailmaster Tackling Student Loans: steven-nguyen-s-school1.teachable.com/p/tacklingstudentloans 1 Hour Coaching: steven-nguyen-s-school1.teac...
How I Balance Investing In Real Estate, 401K, & Brokerage Accounts
Переглядів 372День тому
Check out all my links! linktr.ee/makingmultifamilymoney Join one of my mentorship and coaching programs: Multifamily Money: steven-nguyen-s-school1.teachable.com/p/making-multifamily-money Direct Mail Master: steven-nguyen-s-school1.teachable.com/p/directmailmaster Tackling Student Loans: steven-nguyen-s-school1.teachable.com/p/tacklingstudentloans 1 Hour Coaching: steven-nguyen-s-school1.teac...
I Reread The One Thing Book. This Is What I Learned.
Переглядів 25114 днів тому
Check out all my links! linktr.ee/makingmultifamilymoney Join one of my mentorship and coaching programs: Multifamily Money: steven-nguyen-s-school1.teachable.com/p/making-multifamily-money Direct Mail Master: steven-nguyen-s-school1.teachable.com/p/directmailmaster Tackling Student Loans: steven-nguyen-s-school1.teachable.com/p/tacklingstudentloans 1 Hour Coaching: steven-nguyen-s-school1.teac...
Fiance & Finances | Our Definition Of A Rich Life Together
Переглядів 62114 днів тому
Fiance & Finances | Our Definition Of A Rich Life Together
How I Built My Real Estate Portfolio On A Single Income
Переглядів 69514 днів тому
How I Built My Real Estate Portfolio On A Single Income
How I Purchased & Financed 90 Units Over 7 Years
Переглядів 22014 днів тому
How I Purchased & Financed 90 Units Over 7 Years
Fiancé & Finance | Our Biggest Money Fight During Our 4 Year Relationship
Переглядів 1,1 тис.14 днів тому
Fiancé & Finance | Our Biggest Money Fight During Our 4 Year Relationship
How I Used Market & Forced Appreciation To Build Net Worth
Переглядів 20814 днів тому
How I Used Market & Forced Appreciation To Build Net Worth
Why I Assess Down Side Risk Before Investing
Переглядів 33514 днів тому
Why I Assess Down Side Risk Before Investing
I Own 52 Units Of Real Estate. This Is What I Will Do Next
Переглядів 97221 день тому
I Own 52 Units Of Real Estate. This Is What I Will Do Next
Fiance & Finances | How We Split Our Finances While Dating & Post Engagement
Переглядів 2,5 тис.21 день тому
Fiance & Finances | How We Split Our Finances While Dating & Post Engagement
I Talked To An Insurance Broker For My 20 Unit. This Is What I Learned.
Переглядів 32921 день тому
I Talked To An Insurance Broker For My 20 Unit. This Is What I Learned.
How I Would Pivot If There Was Declining Population In My Real Estate Markets
Переглядів 53621 день тому
How I Would Pivot If There Was Declining Population In My Real Estate Markets
Fiancé & Finances | How My Life & Wealth Exponentially Grew After Dating My Fiancé
Переглядів 4,3 тис.21 день тому
Fiancé & Finances | How My Life & Wealth Exponentially Grew After Dating My Fiancé
Is Buying Real Estate Worth The Stress?
Переглядів 1,1 тис.21 день тому
Is Buying Real Estate Worth The Stress?
What I Realized About Stress After 11 Years Of Wealth Building
Переглядів 2,1 тис.21 день тому
What I Realized About Stress After 11 Years Of Wealth Building
Should I Aim For 5 Paid Off Rentals To Retire Early ?
Переглядів 2,5 тис.28 днів тому
Should I Aim For 5 Paid Off Rentals To Retire Early ?
Fiancé & Finances | How My Fiancé & I Paid Off $400,000 Of Student Debt
Переглядів 4,4 тис.28 днів тому
Fiancé & Finances | How My Fiancé & I Paid Off $400,000 Of Student Debt

КОМЕНТАРІ

  • @daviddo1498
    @daviddo1498 2 години тому

    Are you still paying off the loans on the units that you own?

    • @stevendnguyen
      @stevendnguyen 35 хвилин тому

      Yes, debating when I should sell some to pay off some properties

  • @DowntownCharlieBrown-w5c
    @DowntownCharlieBrown-w5c 8 годин тому

    You will never achieve fat fire. As soon as you hit 20k a month you will change fat fire to 30k a month on and on till you die.

  • @Bungabarry
    @Bungabarry 9 годин тому

    Also a rph here, and re agent. Family does Airbnb. I own partial shares in their real estate. Been on the fence on being a rep myself. Feel like I have all the pieces. Just needa tie them together to do exactly as you said. If you do this, would love to know how you set everything up and what professionals you talked to.

    • @stevendnguyen
      @stevendnguyen 8 годин тому

      I actually do my own taxes on turbotax for past 7 years and self educate myself a lot on tax code

  • @ResilientFighter
    @ResilientFighter 10 годин тому

    oh wow 3.17k subscribers. This channel is exponentially growing. Respect the daily commitment. Great topic!

  • @melodyn6419
    @melodyn6419 11 годин тому

    You mean you need more cash flow now

    • @stevendnguyen
      @stevendnguyen 8 годин тому

      Yes, trying to optimize for more cash flow and lower expenses

  • @janetrobinson8925
    @janetrobinson8925 11 годин тому

    First😄

  • @cw8290
    @cw8290 День тому

    again....the majority of people aren't pharmacists

    • @stevendnguyen
      @stevendnguyen День тому

      Most pharmacist we know still struggle financially due to over spending. It's just a matter of how much you allocate towards investing and do it consistently over years. We graduated with 250k student debt .

  • @cw8290
    @cw8290 День тому

    i feel like this video only applies to the 1.2% of people with medical doctorate degrees....kind of sends the message of "you need to be a high paid medical professional to make it work"

    • @stevendnguyen
      @stevendnguyen День тому

      Main concept is how much is allocated towards Investing. I know a lot of high income earners who just spend it all vs some with lower paying jobs are able to invest more due to less spending .

  • @wayne9489
    @wayne9489 День тому

    😊

  • @janetrobinson8925
    @janetrobinson8925 2 дні тому

    Always put your loved ones before ANYTHING. God bless you two.

  • @janetrobinson8925
    @janetrobinson8925 2 дні тому

    Have a great week.🙂

  • @wayne9489
    @wayne9489 2 дні тому

    😊

  • @vincentxu6890
    @vincentxu6890 2 дні тому

    Wonder when the video will turn into just bought my dream..... Anyways here to help the algorithm.

  • @goldstandardaviation1667
    @goldstandardaviation1667 3 дні тому

    You have the ultimate flex. Now use this advantage to buy yourself some free time. You don't need a 40 hr workweek.

  • @Ricocase
    @Ricocase 3 дні тому

    That's several jobs in one. Adjust for averages in reality. Many not in leadership either. Also CA salaries vs. Non-CA salaries. Smart to game they system in OK. Just don't tell OKs it's okay to do the same.

    • @stevendnguyen
      @stevendnguyen 3 дні тому

      CA does have higher salaries but higher cost of living which is a factor

  • @viktorivakhno2244
    @viktorivakhno2244 3 дні тому

    Grow income, spend significant less then you make. do it for a years. Easy.

  • @LilyKat
    @LilyKat 3 дні тому

    Thanks for saying this! People are always saying to 'go all in' a business or real estate. I think it's about balance and approach. Some people are well established in w2 and can make a great income. I think its all basic math. It's what you get to take home and use the money to make more money (investment). Thanks for sharing.

    • @stevendnguyen
      @stevendnguyen 3 дні тому

      Absolutely! W2 income is how most people make their money !

    • @viktorivakhno2244
      @viktorivakhno2244 3 дні тому

      And it could be also hidden cost, such as 401k match, perfect insurance, vacations and paid paternity/maternity leaves... A lot of it could add up into +40-50k. It is hard to get lets say 200k in the next 2-3 years comparing high paying W2. + You could enjoy your W2 at the same time, if you are lucky

  • @ReiShirouOfficial
    @ReiShirouOfficial 3 дні тому

    ever look into jacksoinville real estate? As a tampa resident theres no multifamily thats affordable and make sense Jacksonville has way more 4 plexes altho theres a 4 hour distance sadly

    • @stevendnguyen
      @stevendnguyen 3 дні тому

      I did look at Jacksonville but felt too high in crime for my liking back in 2017.

    • @ReiShirouOfficial
      @ReiShirouOfficial 3 дні тому

      @@stevendnguyen yeah a lot of the 4 plexes got them bars on their doors and windows I’m contemplating even buying in Florida now since insurance will go through the roof seeing these hurricanes yearly Especially helene What sucks is I wanted a property in Florida cause I could house hack for 5-10% down 20% is a ton

  • @kevinJuly2024
    @kevinJuly2024 3 дні тому

    Hi Steven, you could use a better camera i think

    • @stevendnguyen
      @stevendnguyen 3 дні тому

      Noted! Filmed using 720p laptop camera but realized my Samsung 23 has a 4k camera . Will improve video quality soon !

  • @LilyKat
    @LilyKat 4 дні тому

    Good video!! Time management is extremely important when building wealth. It is true you need to sacrifice something short term for long term gains.

  • @tracydo720
    @tracydo720 4 дні тому

    Love you two !

  • @wayne9489
    @wayne9489 4 дні тому

    😊

  • @GreatSax1
    @GreatSax1 5 днів тому

    May I ask? Do you want to have kids?

  • @janetrobinson8925
    @janetrobinson8925 5 днів тому

    Good morning

  • @nftmusic2010
    @nftmusic2010 5 днів тому

    Thanks Steven for getting a better mic! Great stuff man. I agree, how you do one thing is how you do everything, so do it right!

  • @natusfreedom472
    @natusfreedom472 6 днів тому

    Perspective and mindset , is key . I’m glad I splurged and made many mistakes when I was young , can’t f up now , retirement is around the corner , hopefully 😅

    • @stevendnguyen
      @stevendnguyen 6 днів тому

      Being young allows for more risk which is an unfair advantage

    • @natusfreedom472
      @natusfreedom472 5 днів тому

      @@stevendnguyen , u inspired me & others .. that your never too old or young, to invest and make moves .. thx u

  • @janetrobinson8925
    @janetrobinson8925 6 днів тому

    😇great video. You are amazing.

  • @cw8290
    @cw8290 6 днів тому

    i'm in LA too....soooo many trust fund babies! the only people i know down here who bought a house is because their parents bought it for them. And just like you said, fancy cars, fancy restaurants, fancy weddings....none of them actually made it on their own in SoCal without family handouts.

    • @stevendnguyen
      @stevendnguyen 6 днів тому

      Yes , most definitely ! If you want to impress poor people , outspend them . If you want to impress wealthy people, outwork them

  • @JCizzleSoCal
    @JCizzleSoCal 6 днів тому

    Great point! Thanks for sharing

  • @gijns
    @gijns 7 днів тому

    The charisma is working.. you're looking more and more handsome LOL

  • @zohaibabbasi5670
    @zohaibabbasi5670 7 днів тому

    Man shut up and get to the point

  • @janetrobinson8925
    @janetrobinson8925 7 днів тому

    🙂

  • @wayne9489
    @wayne9489 7 днів тому

    😊

  • @vincentlee4349
    @vincentlee4349 7 днів тому

    does the price of upgraded flooring and solar panel all get tacked on to the final closing price (to determine property tax) or is it separate?and how much are the floors and solar panels ? Can you also claim the tax rebate for solar? Thank you!

    • @stevendnguyen
      @stevendnguyen 7 днів тому

      Flooring and solar separate. Both cost 11k each which was covered by builder credit . I am claiming solar tax credit so about 3k back to us

  • @ap0c4lyps37
    @ap0c4lyps37 8 днів тому

    do you guys make all these past video in 1 sitting and same day?

  • @benjamintran7189
    @benjamintran7189 8 днів тому

    You both are great, thanks for sharing your journey. Truly motivating!

  • @janetrobinson8925
    @janetrobinson8925 8 днів тому

    Be open and honest with each other and you will be okay. Best wishes. You both are WINNERS 😊

  • @Budulai89
    @Budulai89 8 днів тому

    Congrats on all your success!

  • @melodyn6419
    @melodyn6419 9 днів тому

    How much cash reserves you have in hand now?

  • @ReiShirouOfficial
    @ReiShirouOfficial 9 днів тому

    Man I hope to get to your level one day I’m 21, Tampa, got $50k+ and selling a car I hope to acquire a 26 unit cash flow machine like you one day Takes one good deal to change it all right No properties now, I’m a doomer but nonetheless will pull the trigger in 2025 Looking at a house hack 4 plex As long as income stays the same I got a creative plan to hack another 4 plex 1-2 years considering low down payment will stretch the money that far

    • @stevendnguyen
      @stevendnguyen 9 днів тому

      House hack a 4 plex every 2 years for 8 years and will be set

    • @ReiShirouOfficial
      @ReiShirouOfficial 9 днів тому

      @@stevendnguyen that’s the plan I wanna be super successful in it 40 year grind is not it If I’m free by 30 that would be insane

  • @wayne9489
    @wayne9489 9 днів тому

    😊

  • @daveazizi8555
    @daveazizi8555 9 днів тому

    Try sharing a little bit of your wealth with them, especially close family members and your close peers. They are happy for you but they just aren't feeling it.

  • @natusfreedom472
    @natusfreedom472 9 днів тому

    U accomplished a lot in 10yrs , Very inspiring, if I can accomplish half of your success, I can retire .. humbly

  • @swapw
    @swapw 9 днів тому

    I understand. What I've learned is after hitting a certain pillar is that you just stop talking about money altogether with your old buddies besides work struggles. At the same time, make new friends that have similar net worth as yourself. I understand that master mind is what every guru's talking about but to surround yourself with wealthy people is really not as difficult as most think. Don't let the noise become a distraction.

    • @stevendnguyen
      @stevendnguyen 9 днів тому

      Well said !

    • @swapw
      @swapw 9 днів тому

      @@stevendnguyen I'm cheering for ya!

  • @vincentxu6890
    @vincentxu6890 9 днів тому

    I'm excited to see where this channel goes. I hope it's a sign that these videos are guiding me towards a future of growth and fulfilling my dream of seeing significant changes one day. Thank you for sharing your story.

    • @stevendnguyen
      @stevendnguyen 9 днів тому

      I have no idea where this channel will go either but hope to slowly improve over time! Thanks for following my journey

  • @slumerville
    @slumerville 10 днів тому

    You forgot taxes when selling, kid. Take out a pencil and napkin then spend five minutes on math if you are able. You will be shocked.

    • @stevendnguyen
      @stevendnguyen 10 днів тому

      20% long term capital gains tax plus depreciation recapture

    • @slumerville
      @slumerville 10 днів тому

      @@stevendnguyen plus state plus 3.8%. For many investors that is 1/3 taken by government. Cannot be skipped over in planning.

  • @randybi9984
    @randybi9984 10 днів тому

    My gf and I just bought our first duplex this year! Everyone is cheering for us. I already have my eyes set on the next property (we live in bay area so it's quite expensive). Who knows what may happen!

    • @stevendnguyen
      @stevendnguyen 10 днів тому

      Congrats! People supported the first one but once you start to get number 2 , 3, 4 then 52 , tones start to change at least for me

  • @cody62293
    @cody62293 10 днів тому

    Interesting video. I have some opinions on this. 1. Life's a lot simpler when keeping wealth/NW to oneself. The average person doesn't care, and as you said, low NW people can't relate to having a high NW. Nothing good is going to come of discussing such things with the average NW person, if anything it's just going to come off as pretentious and insensitive. As you said, it's much more beneficial to discuss the subject with people on/around the same wavelength financially. 2. I disagree with the framing of 1% and 99%, mainly the premise that 1% are 'doing better' than the 99%. Life isn't all about NW, I know a lot of people in the 99% that are much more 'successful' than others I know that are in the 1%. NW/money is an important aspect of life, but far from the only one.

    • @stevendnguyen
      @stevendnguyen 10 днів тому

      Very well said ! Thanks for sharing

  • @Bungabarry
    @Bungabarry 10 днів тому

    The microphone upgrade is a massive improvement to audio on your videos. Please keep using it Steven

  • @janetrobinson8925
    @janetrobinson8925 10 днів тому

    Best reaction to those back handed compliments is NO REACTION