Download my FREE Ebook on investing here: briefs.co/yt/build-wealth WARNING: LOOKOUT FOR SCAMS IN THE COMMENTS! There are many fake accounts impersonating me, and there are many bots promoting fake/scam investments. I will NEVER ask you to contact me through UA-cam comments, telegram, or WhatsApp. I have a checkmark next to my name and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture!
He is crazy , so easily say buy 10,100, or even 1000 units of apartments and rent it , but he doesn't say how to buy it ? It needs millions to buy ,100 or 1000 units
@@Joyyyyyyyyyyyyyyyyyynot everyone will pay their rents. Renting tenants is not for the weak. What about violent aggressive tenants. Not a fairytale like video make it seem
I admire how you explain how you learn from your mistakes, most people will give "false and inflated" success stories only, saying something like "I bought a property for 300K and sold it for 500K" , or a stock at X price and sold it for 2X price, but they never said their failures. Thanks.
Not to take away from the message. This guy has to be the coolest brother in a turban and beard. A good communicator. Message entertaining and informative. For me personally, the video reminds me to check my attitude about lost. Thanks.
Welcome to conservatism. Dont care about turbans, beards or more specifically, mean Tweets. Americans have tossed their own country under the bus as Trump was ditching 20 regulations for ever new one. The economy was booming, enemies were terrified, cheap gas/food/Amazon, but the media decided to "fortify" the election. I have property, I have silver, I have a business making cash, I have crypto and by the looks of things its still going to be tight with Brandon.
Enemies were laughing at us with Trump! October is the best month for stocks in 6 years. Trump during his first year was on Obama’s coat tails and his second year was a train wreck. Year 3&4 not to bad.
@@jamesrina6988 Exactly what enemies were laughing? China? NK? Russia? ISIS? Please, do explain what enemies were laughing. The only ones that were laughing were the left wing media. Brexit and Trump were a shot across the bow for the WEF, UN, Brussels and UN. The very same entities that are controlling the Biden regime right now. Xi promised to take Taiwan down before hes done. If that happens and the Saudis see that the deal with Kissinger is dead along with Petrol Buck, the US loses the reserve currency. Russia just signed a deal with the Saudis for military in Aug. The wheels are in motion. China and Russsia are loading up on gold. China is coming out with a CBDC early next year in the hopes of looting the reserve currency. Hillary and Obama made some enemies a long time ago and they are now coming back atchya.
@@jamesrina6988 you must not get out much..... the people are chanting FJB all over this country at every stadium, and now around the world! Wake up dude from your dreamland. Who cares if ENEMIES were laughing at us? Now the whole world is laughing with this 🤡 administration!
you speak non-stop and really fast but the flow of information is like a stream of consciousness from the best knowledge out there.. you were made for this..
You don’t need an attorney! You should ask the inspector to show you the the building code they’re enforcing. They can not ask you to do something that is not in the code book. You can buy code reference from Home Depot.
The most inspiring story I heard you tell was about the house you bought, fixed, and finally sold. You caught my attention and learned to admire your tenacity. I learned about myself through your story and felt better. I made poor choices and lost money, but in the end, it finally worked out. Your story allowed me to understand myself. Thank you ❤
Jaspreet whatever you give you will receive x1000 even more. You give us knowledge, gems, bars, hope. Blessing to you. You and your team are definitely part of my journey to financial freedom, success and generational wealth.
This man is doing multiple God’s work. This is hands down the most no nonsense longform financial advice in internet history. When a man is truly wealthy, he often gives his fruits as charity. I’m beyond amazed at what this man and his vision are doing for me. I can only hope to give back like this one day.
I am stunned at how many people in 2020 and 2021 bought houses and waived an inspection!!! Unbelievable. No way would I pay more than the listing price and waive an inspection. I will rent until things calm down. I have bought and sold many houses and inspections are incredibly important. As always, great info in this video. Thanks Jaspreet!!
I have bought two houses without a formal inspection and lived to regret it. Unlike the typical more obvious sewage drain plumbing problems, the most often overlooked and most easily covered up is ELECTRICAL PROBLEMS, especially overloaded circuits done by the previous homeowners or a "Jack of All Trades" handyman who was lazy about setting up and connecting to a new breaker in the panel.
This gentleman is so inspirational and being in the real estate business in Spain myself for 30 years I can definitely say that all that he has said does happen and will happen unless you do things the way he has suggested. Great honest videos. Thank you bro.
Next video please address how to build capital realistically when you are starting from zero...you can't get real estate now without a sizeable down payment and single occupant housing is hard to turn a profit on unless you have positive sizeable equity
Man you sound like the greatest most honest person that everybody should want to be like in this life but unfortunately there are more scumbags out there than good people the margin is not even by a long shot thanks for sharing you are extremely educational at least to me🤯
If your investing experience is less than 10 years start with 5-6 portfolio. Don't bet big on any single company, learn the process first. Initial diversification is not bad, it really worked for me during my early years. Remember that protection of capital is a must. Good luck.
Very true. Also new investors should study the market. Market crashes are an opportune time to protect capital in the sense that one can gain years of growth from the bottom of a crash in a matter of months. this last crash provided over a decade of growth in majority of stock. Always be ready to jump at these opportunities.
@@emilyfranklin8190 My goal last year was to buy a home and I had 10 months to make this happen. I had an investment manager guiding me at this time and I happened to achieve my goal in 7 months and 3 weeks. Bought my $425K contemporary home. So, yes, opportunities do materialize if we don't sleep on them.
I have learned more about in investing in this video, than many weeks with others. I can't even find the words. Man, thank you so much for sharing this! God speed!
I personally hate dealing with rental properties, many people do not respect your things and will break/damage things. I don't want that headache anymore, just going to stick with dividend investing and relax.
The trick to that is purchase a warehouse commercial building . The area I work in all commercial Warehouse buildings the person renting it is responsible for any and all repairs with the exception of the roof. If the AC in the office up front tears up tomorrow my boss has to replace it. The type of Warehouse buildings in my area they're all huge concrete wall, AC units are on top of the ceiling only one way up in the building managers the only one with access . there's really not much that someone can damage
Spot on orion, I would never let anyone rent my house they damage so many things not worth it. Let my money hapily sit in an index forget the password and visit in 10 years
Spot on. The market presents a lot of opportunities to create passive income. It doesn't matter how long you wait, for this market? Opportunities must come. Try new things out and make the best for yourself. I hope y’all win
You hit the nail on the head! I had a fair share of struggles before diving into crypto last year. And let me tell you, it completely changed my life! So don't lose hope
I discovered Olivia Charlotte Oswald on the CBNC market interview too, checked her out, and we started our amazing partnership. You should definitely look her up too!
As a leasing agent and as soon as I started in this career I have been thinking about buying real estate and have rental properties to manage by myself I'm currently in the car 🚗 industry but as soon as I get my hands on property's that's where the real money starts to come in
I can see why East Indian people are wealthy. You have a very practical mindset that works well with the existing way of business, and you have learned how to make the most of opportunities in any economy. What a great informative video. It deserves a thousand thumbs up, not just one. Thanks.
That real estate horror story broke my heart, man. My heart goes out to you for that time, but as you said, that was a crash course in "Real Estate Investing 101" the hard way. My goodness, I would have almost walked away from the market after that and said, "Yeah, there has to be another way to earn income without dealing with people like that anymore." City property inspectors just coming up with items that need fixing at the property just so they can continue to get paid. That sounded so predatory! Fortunately there are REITs (real estate investment trusts) that don't deal with actual people, just the income and mortgages of commercial properties, but those aren't as lucrative short-term (or even long-term) as directly dealing with real estate properties. Still, there are avenues to get into real estate if you choose to go that route. Nice video, Jaspreet! I learned a good bit here from you. :)
Thanks for the nice investment principles. I'm already doing most of these but will not do investment properties since I don't want to deal with tenants, permits, and rental agencies. There is plenty of income to make without having to own rentals
Thank you for sharing your experience online. You are awesome 👏 and truly gifted in teaching. I’ve enjoyed your videos even more than watching your interviews. Please keep up the great work!!
I just struggled to make my first pro-fit of $ 5,800 from my trades and I can't wait to make more , been reading about investors that made as much as $ 380,000 in 2months and I'd really love to know how and what strategies could make me this much proceeds
I understand your viewpoint , but i beg to differ , I started investing in 2019 and that same year I pulled a profit of about $ 65,000 profit with no prior investing experience , basically all i was doing was seeking guidance / advice from a broker , so you don't necessarily need to be a perfect investor , just have a professional assist you
Section 8 Rental Income Properties = Recession Proof Government pays you. It's not a lot but its fursure, and mix it with owning Rental Income Properties in middle class neighborhoods. You don't want the Rich Neighborhoods they will be calling you 24/7 .Trust.
Can you elaborate on the real estate investing? Like, what are the steps you have to take to find a management company to manage your properties for you? What are the requirements/roadblocks to investing in real estate? How do you afford the mortgage, utilities, insurance, and whatever you have to pay the management company and employees for the investment property, AND the mortgage/rent and bills for the place you're actually living when you're just starting out in real estate investing?
Not gonna lie, I saw 47 minutes and I was about to skip this. But I put it on 1.75x speed and just paused the video to get a pen and paper. There are a lot of actionable gems in here for free. Thanks bro
Forgot to mention what happened when the covid hit and people didn't pay the landlords. A lot of those landlords went into debt, and they couldn't remove the tenants, and some of those tenants walked off and didn't pay the landlords over a year's worth of rent. This also messed up their credit report.
@@firesags8900 lol, you are still talking about this topic. Well, something must have gone wrong with their payment but the landlords received the last laugh because they are raising the rent across the United States and it's nothing anyone can do about it but move out. Someone going to move in and pay that rent price. The landlord is getting their revenge. There or more people in the shelters and homeless on the street. Honestly, if I were a landlord...I would have done the same.
I own a commercial rental property and it was fully rented out through the pandemic. I trained my tenants that we would all be stronger if we worked together; teamwork, I was flexible with them and vise-versa. We made it through together and they never fell behind on their rent. Guess what; they're still with me.
Jaspreet, first point seems incorrect.. It is not a question of you getting a property in $150k but of getting a tenant for $1.5k per month for the said property.. which makes the yield of 12% which you don't get in US.. real estate yield in US hovers around 2.75% which means approx $ 350 per month..
We're lucky we are now living in a world of technology and where all the information we need is very accessible to our reach. Investing is a lot easier up to this date compared from years ago and I hope we can all make use of this privilege to our advantage. Wishing everyone all the best!
Jaspreet, would you please expand on owning a Cash Flow Business; specifically would you mention the websites you use to find a business to purchase? I'm also curious about the methods you use to determine whether the business is viable and a good deal. Also, are you referring to crowdfunding, or literally straight-up purchasing, say, a laundromat business, for example?
Try dividends stocks because they do pay cash flow and you hold them for the long term. ETFs will also produce cash flow depending on what you decide you want to invest in. Some of them will require very high minimum balances and some of them are very cheap to buy you have to decide your own risk level and risk tolerance. May I own multiple different kinds of companies each one pays a different amount and I look at it in the number of days per month that I get paid. My return in percentage has to be at least 6% and above and I found at least 10 companies that do that. You must do your own research however!
Thank you for sharing your experience. Your transparency is refreshing and I was engaged throughout. You're a great teacher and I look forward to listening to more of your very valuable information.
diversify real estate buy rental properties both commerical and residental buy and flip houses. stocks: buy stocks you can trade and sell for a profit, buy stocks you hold for dividend. cash flow plus resell at a profit.
Just be aware that many HOA or community associations (such as condo's) are putting restrictions on how many units in the community can be rentals. So know where you're buying.
Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly|
Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.
This is superb! Information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro investor?
O.M.G.!!! That nightmare real estate story is ABSOLUTELY CRAZY!! Thank you for being honest and open enough to share that story… I think most of us would hide that story from everyone, however, your approach of “lessons learned” has sure helped us all. The whole video was great - educational, entertaining and down-to-earth. Thank you
I have few real estate properties and all rented to present market rate, my equity is multiple millions and very handsome positive cash flow and all managed by property management I don't move my fingers I retired gov decent job with good pension and now I am traveling the world and enjoying my life in beautiful California.
I know that my house would be a cash flow giant in the city of East Boston...Logan Airport close, downtown a stop a way on the T. Easy access to all interstates..plenty of off street parking and quiet neighborhood with lots of parks and elementary schools. Just saving enough to turn it into a rental.
I appreciate your willingness to share your knowledge and also your struggles so we can avoid similar situations. I'm glad you are doing well today in your buisness.
A number of years ago, I wanted to do something to accelerate my time to being financially independent. I ended up investing 1k grands January with Diego Dias Cardoso, now I have an extra $700k. Thinking about getting first rental property
I can see you know about him too. Having assets and not being able to profit from them can be very frustrating, big thanks to Diego Dias, as I make huge profits trading with him on weekly basis. He's definitely the best.
I've got quarter million to invest, but I want to ensure profits My friends say I shouldn't buy properties yet, as there is a makert crash coming. Love to give him a try
Peace of mind is priceless. Having good tenant is luck but when you end up with a bad tenant and giving you headache and ruin your place.....going through sleepless nights is not priceless...i prefer having to invest in good etf, live moderately/simply, and peace of mind
Your explanations r right on. At one time when it wasn’t cool I had 5 homes all with renters in them. Sold them all out of fear. I wonder if I can do it all over again
Good video got a lot of respect for someone who tells the ugly side of investment. Nothing like someone putting themselves out there I definitely hit the like 👍 button.
Download my FREE Ebook on investing here: briefs.co/yt/build-wealth
WARNING: LOOKOUT FOR SCAMS IN THE COMMENTS!
There are many fake accounts impersonating me, and there are many bots promoting fake/scam investments. I will NEVER ask you to contact me through UA-cam comments, telegram, or WhatsApp. I have a checkmark next to my name and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture!
Wow this property really made you who you are now that’s awesome I love learning from my mistakes it’s the true edumication lol hands on training
You should make audio version on google podcast.
Hey how do you make multiple property purchases using the business?
How much is the property management company? That has to cut into profits big time
But what if they can... its as simple as an equation
Finally, someone trustworthy, reliable and straight to money talk. It's really great to listen and learn from you 🙏
He is crazy , so easily say buy 10,100, or even 1000 units of apartments and rent it , but he doesn't say how to buy it ? It needs millions to buy ,100 or 1000 units
@@Joyyyyyyyyyyyyyyyyyynot everyone will pay their rents. Renting tenants is not for the weak. What about violent aggressive tenants. Not a fairytale like video make it seem
When you're buying a house (old or brand new) NEVER take a word from the seller's inspector, they get paid off to lie. ALWAYS get your own inspector.
Thanks for the information.
That's a given...
Experience says you're right.
Thank you!
I BOUGHT A NEW 2023 HOME AND DIDNT INSPECT IT. ONLY CAN BE DONE WHEN YOU PAY CASH FOR IT
I admire how you explain how you learn from your mistakes, most people will give "false and inflated" success stories only, saying something like "I bought a property for 300K and sold it for 500K" , or a stock at X price and sold it for 2X price, but they never said their failures. Thanks.
Like grant cardone the snake
So true. I am very grateful for his honesty.
Oooó😊
Now I am 73 years old, retired but I work (which means writing) everyday without any rest. I just enjoy.
Real estate, own a business, passive stocks, growth companies, gold/silver, crypto 😊
Bless you!
Not to take away from the message. This guy has to be the coolest brother in a turban and beard. A good communicator. Message entertaining and informative. For me personally, the video reminds me to check my attitude about lost. Thanks.
Welcome to conservatism. Dont care about turbans, beards or more specifically, mean Tweets.
Americans have tossed their own country under the bus as Trump was ditching 20 regulations for ever new one. The economy was booming, enemies were terrified, cheap gas/food/Amazon, but the media decided to "fortify" the election.
I have property, I have silver, I have a business making cash, I have crypto and by the looks of things its still going to be tight with Brandon.
Enemies were laughing at us with Trump! October is the best month for stocks in 6 years. Trump during his first year was on Obama’s coat tails and his second year was a train wreck. Year 3&4 not to bad.
@@jamesrina6988 Exactly what enemies were laughing? China? NK? Russia? ISIS? Please, do explain what enemies were laughing.
The only ones that were laughing were the left wing media. Brexit and Trump were a shot across the bow for the WEF, UN, Brussels and UN. The very same entities that are controlling the Biden regime right now.
Xi promised to take Taiwan down before hes done. If that happens and the Saudis see that the deal with Kissinger is dead along with Petrol Buck, the US loses the reserve currency.
Russia just signed a deal with the Saudis for military in Aug. The wheels are in motion.
China and Russsia are loading up on gold. China is coming out with a CBDC early next year in the hopes of looting the reserve currency. Hillary and Obama made some enemies a long time ago and they are now coming back atchya.
@@jamesrina6988 you must not get out much..... the people are chanting FJB all over this country at every stadium, and now around the world! Wake up dude from your dreamland. Who cares if ENEMIES were laughing at us? Now the whole world is laughing with this 🤡 administration!
@@jamesrina69880bama is evil
The fact that nobody talks about the book whispers of manifestation on borlest speaks volumes about how people are stuck in a trance
wat
You're one of the smartest guys I've ever had the good fortune to come across. God bless you.
This has to be my favorite financial video ever
you speak non-stop and really fast but the flow of information is like a stream of consciousness from the best knowledge out there.. you were made for this..
You don’t need an attorney! You should ask the inspector to show you the the building code they’re enforcing. They can not ask you to do something that is not in the code book. You can buy code reference from Home Depot.
All the ABCs of real estate investment laid out for free. God bless you Minority Mindset.
I love how you speak your truth. It’s not too long. If I don’t have time. I just come back later to take more notes. Thank you for your knowledge!
The most inspiring story I heard you tell was about the house you bought, fixed, and finally sold. You caught my attention and learned to admire your tenacity. I learned about myself through your story and felt better. I made poor choices and lost money, but in the end, it finally worked out. Your story allowed me to understand myself. Thank you ❤
Jaspreet whatever you give you will receive x1000 even more. You give us knowledge, gems, bars, hope. Blessing to you. You and your team are definitely part of my journey to financial freedom, success and generational wealth.
same here. he is so generous with his education vids
This man is doing multiple God’s work. This is hands down the most no nonsense longform financial advice in internet history. When a man is truly wealthy, he often gives his fruits as charity. I’m beyond amazed at what this man and his vision are doing for me. I can only hope to give back like this one day.
Everything seems easy on UA-cam
„A penny in theory is worth a pound in taking action“
@@chia.4530 yes
LOL!!! Yeah you right with that comment. Seems soooooo easy here.
@chia.4530 how you go from currency to weights??
@@michaelcambridge1542 easy
I am stunned at how many people in 2020 and 2021 bought houses and waived an inspection!!! Unbelievable. No way would I pay more than the listing price and waive an inspection. I will rent until things calm down. I have bought and sold many houses and inspections are incredibly important. As always, great info in this video. Thanks Jaspreet!!
I’m in the process of buying my first house and I couldn’t image buying a home not knowing what the inspector brought to light! They are nuts
I know no one who bought without an inspection. Wow! Do banks allow that.
If you’re paying cash there is no bank or insurance involved. Lots of people are paying cash.
I have bought two houses without a formal inspection and lived to regret it.
Unlike the typical more obvious sewage drain plumbing problems, the most often overlooked and most easily covered up is ELECTRICAL PROBLEMS, especially overloaded circuits done by the previous homeowners or a "Jack of All Trades" handyman who was lazy about setting up and connecting to a new breaker in the panel.
@@jktrkng683 Most banks typically employ a loan officer who is only worried about the numbers, and is clueless as to the pitfalls in home buying.
No one would share such detailed and honest information as him. Phenomenal job of sharing your experience to educate us. You inspire me!
This gentleman is so inspirational and being in the real estate business in Spain myself for 30 years I can definitely say that all that he has said does happen and will happen unless you do things the way he has suggested.
Great honest videos. Thank you bro.
Especially in Spain, same story here. I feel you. ;-)
Same here, in Spain😂
The most honest, most genuine approach to Financial Independence, booyah ‼️✋🏽
Next video please address how to build capital realistically when you are starting from zero...you can't get real estate now without a sizeable down payment and single occupant housing is hard to turn a profit on unless you have positive sizeable equity
Miquel - This video isn't about starting from zero. If you have excellent credit and a decent job, USDA or FHA 203 rehab loans are a place to start.
That was one of the best MM videos I've seen to date. Very informative. i love to hear about other people's mistakes and how they overcome them.
Just the way I would say it too😄. I wonder what we can learn from each other
Some rental properties don't generate a lot of monthly profit however the property may be appreciating a lot so there are two ways to generate wealth.
Tax savings are super important too. You can pay almost zero in taxes if you do it right
If is is rented, its just like self liquidating...you don’t pay the amortisation, the tenant will
@@freeestyleobsessed
Please tell me how not to pay taxes on rental properties. Thank you very much 😊
Thank you for staying true to yourself and not letting the scammers win.
Your nightmare property, lessons learned better early, then later.
Man you sound like the greatest most honest person that everybody should want to be like in this life but unfortunately there are more scumbags out there than good people the margin is not even by a long shot thanks for sharing you are extremely educational at least to me🤯
I like how he speak fluently to provide comprehension and clear ideas. Thank you! 💪
If your investing experience is less than 10 years start with 5-6 portfolio. Don't bet big on any single company, learn the process first. Initial diversification is not bad, it really worked for me during my early years. Remember that protection of capital is a must. Good luck.
Very true. Also new investors should study the market. Market crashes are an opportune time to protect capital in the sense that one can gain years of growth from the bottom of a crash in a matter of months. this last crash provided over a decade of growth in majority of stock. Always be ready to jump at these opportunities.
@@emilyfranklin8190 My goal last year was to buy a home and I had 10 months to make this happen. I had an investment manager guiding me at this time and I happened to achieve my goal in 7 months and 3 weeks. Bought my $425K contemporary home. So, yes, opportunities do materialize if we don't sleep on them.
@@oneiljerry9460 i doubt they will be a better coach than :samantha leigh wentland
@@marksway7292 oh really.. she's my coach too. look her up online
@Rozay Nelly thanks for the advice. These are lessons you can only learn from experience.
I have learned more about in investing in this video, than many weeks with others. I can't even find the words. Man, thank you so much for sharing this! God speed!
I personally hate dealing with rental properties, many people do not respect your things and will break/damage things. I don't want that headache anymore, just going to stick with dividend investing and relax.
The trick to that is purchase a warehouse commercial building . The area I work in all commercial Warehouse buildings the person renting it is responsible for any and all repairs with the exception of the roof. If the AC in the office up front tears up tomorrow my boss has to replace it. The type of Warehouse buildings in my area they're all huge concrete wall, AC units are on top of the ceiling only one way up in the building managers the only one with access . there's really not much that someone can damage
@@Kibatsume1 but you still have to deal with people and they’re not always pleasant. I get enough from investments to live very comfortably.
@@oriondragos5876 What kind of investments?
Spot on orion, I would never let anyone rent my house they damage so many things not worth it. Let my money hapily sit in an index forget the password and visit in 10 years
@@LuxMeow high dividend ETFs and mutual funds with individual dividend paying stocks and a tiny bit of bonds.
Spot on. The market presents a lot of opportunities to create passive income. It doesn't matter how long you wait, for this market? Opportunities must come. Try new things out and make the best for yourself. I hope y’all win
You hit the nail on the head! I had a fair share of struggles before diving into crypto last year. And let me tell you, it completely changed my life! So don't lose hope
Thought about what to !nvest in but unsure of it. What can I do?
It's best to get started by teaming up with an advisor, and guess what? I'm already partnered with one!
I totally get it! I know the amazing perks of having a pro by your side, but I haven't found one for myself yet either.
I discovered Olivia Charlotte Oswald on the CBNC market interview too, checked her out, and we started our amazing partnership. You should definitely look her up too!
21 minutes in, the Roman Empire, Silver and the dilution of silver, then collapse of empire. Brilliant.
As a leasing agent and as soon as I started in this career I have been thinking about buying real estate and have rental properties to manage by myself I'm currently in the car 🚗 industry but as soon as I get my hands on property's that's where the real money starts to come in
I can see why East Indian people are wealthy. You have a very practical mindset that works well with the existing way of business, and you have learned how to make the most of opportunities in any economy. What a great informative video. It deserves a thousand thumbs up, not just one. Thanks.
+❶❷⓿❺❸❾❷❷⓿❼❼✅& thanks for commenting/
re: My Worst Real Estate Deal - Oh no! Poor Jaspreet!!! Oh geez! Life lessons anchor to the brain and are the best teacher! Thank you for sharing!
That real estate horror story broke my heart, man. My heart goes out to you for that time, but as you said, that was a crash course in "Real Estate Investing 101" the hard way. My goodness, I would have almost walked away from the market after that and said, "Yeah, there has to be another way to earn income without dealing with people like that anymore." City property inspectors just coming up with items that need fixing at the property just so they can continue to get paid. That sounded so predatory!
Fortunately there are REITs (real estate investment trusts) that don't deal with actual people, just the income and mortgages of commercial properties, but those aren't as lucrative short-term (or even long-term) as directly dealing with real estate properties. Still, there are avenues to get into real estate if you choose to go that route. Nice video, Jaspreet! I learned a good bit here from you. :)
Don't buy in corrupt Democrat-controlled cities.
Thanks for the nice investment principles. I'm already doing most of these but will not do investment properties since I don't want to deal with tenants, permits, and rental agencies. There is plenty of income to make without having to own rentals
Please share more.
You are awesome man, love ur sense of humor, honesty, and clearly intelligent, informed, educated insights!, thanx, im subscribed
❤ ma sha Allah
Thank you for sharing your experience online. You are awesome 👏 and truly gifted in teaching. I’ve enjoyed your videos even more than watching your interviews. Please keep up the great work!!
Team guild📌📍unlocks
I dig this guys energy.
What an experience and business journey you've had. Thank you for sharing.
You got good energy bro. Thanks for the video.
An Awesome Video.
Everyone needs more than than a Basic Income to be Financially Secured in this present time that there's an Economic Decline
I just struggled to make my first pro-fit of $ 5,800 from my trades and I can't wait to make more , been reading about investors that made as much as $ 380,000 in 2months and I'd really love to know how and what strategies could make me this much proceeds
Congrats , I know the feeling, Endeavor to be discipline
Its great you study the basics before being overwhelmed by the accompanied fortune
I understand your viewpoint , but i beg to differ , I started investing in 2019 and that same year I pulled a profit of about $ 65,000 profit with no prior investing experience , basically all i was doing was seeking guidance / advice from a broker , so you don't necessarily need to be a perfect investor , just have a professional assist you
@@zilknoah9011 How can someone know a professional trader that is trustworthy when legit ones are hard to find this days?
Brothers talking straight FACTS. thanks bro
thanks for this free, extremely valuable wealth of information brother man!
Excellent narrative for finance management.
Section 8 Rental Income Properties = Recession Proof
Government pays you.
It's not a lot but its fursure,
and mix it with owning Rental Income Properties in middle class neighborhoods.
You don't want the Rich Neighborhoods they will be calling you 24/7 .Trust.
Right on!
Who would be calling you?
@@willeye9126 The tenants with complaints or “needs”.
Awesome video, thank you. I am a real estate agent in the Catskill Mountains of NY & I LOVE the info you provide in these videos. Bravo!
Can you elaborate on the real estate investing? Like, what are the steps you have to take to find a management company to manage your properties for you? What are the requirements/roadblocks to investing in real estate? How do you afford the mortgage, utilities, insurance, and whatever you have to pay the management company and employees for the investment property, AND the mortgage/rent and bills for the place you're actually living when you're just starting out in real estate investing?
He has, many times. Just dig through his backlog. I think they have a full guide too
This is good information! We just need to keep in mind all the other things when buying property to rent. Insurance, maintenance, tenants ect.
Just wanna say I liked your simple explanation of crypto. It was helpful and easy to understand.
So glad I found your channel I’ve been playing around for far to long. Time to get it
This was the best video I have seen in a few years! So much information that was taught well! I swear this is what should get taught in school 🏫!
If everyone knew and followed what’s in this video then it would no longer work. We shouldn’t let these secrets get out 😜😜😜
Not gonna lie, I saw 47 minutes and I was about to skip this. But I put it on 1.75x speed and just paused the video to get a pen and paper. There are a lot of actionable gems in here for free. Thanks bro
Jaspreet usually shares good knowledge. I honestly didn't know you could adjust the replay speed. Thanks
Forgot to mention what happened when the covid hit and people didn't pay the landlords. A lot of those landlords went into debt, and they couldn't remove the tenants, and some of those tenants walked off and didn't pay the landlords over a year's worth of rent. This also messed up their credit report.
Those landlords were paid by the government, if they weren't to lazy to apply for the help. Programs were in place to help them cover cost.
These landlords were paid by the government depending on how they applied for the program.
@@firesags8900 lol, you are still talking about this topic. Well, something must have gone wrong with their payment but the landlords received the last laugh because they are raising the rent across the United States and it's nothing anyone can do about it but move out. Someone going to move in and pay that rent price. The landlord is getting their revenge. There or more people in the shelters and homeless on the street. Honestly, if I were a landlord...I would have done the same.
I own a commercial rental property and it was fully rented out through the pandemic. I trained my tenants that we would all be stronger if we worked together; teamwork, I was flexible with them and vise-versa. We made it through together and they never fell behind on their rent. Guess what; they're still with me.
Jaspreet, first point seems incorrect.. It is not a question of you getting a property in $150k but of getting a tenant for $1.5k per month for the said property.. which makes the yield of 12% which you don't get in US.. real estate yield in US hovers around 2.75% which means approx $ 350 per month..
We're lucky we are now living in a world of technology and where all the information we need is very accessible to our reach. Investing is a lot easier up to this date compared from years ago and I hope we can all make use of this privilege to our advantage. Wishing everyone all the best!
Hi please put out a new video that is updated on this video based on current standards in us,
Jaspreet, would you please expand on owning a Cash Flow Business; specifically would you mention the websites you use to find a business to purchase? I'm also curious about the methods you use to determine whether the business is viable and a good deal. Also, are you referring to crowdfunding, or literally straight-up purchasing, say, a laundromat business, for example?
Good question. I wish he would delve into the specifics a little more
He said, do your research. Spend Hours and Hours, Read and Read where the Successful Assets are! IMO
@@41663 See my above note, it can make you Rich! IMO
The chimney on the home hahha😂
A friend said i should trade bullish stocks but do not hold for long. Hw true?
I agree. Trade Uranium stocks through a Profesional (DYOR) do your own research. *Sandra* *Yvonne* *Webster* is good you can look her up.
I remember her from Fenner & Smith great woman.
Swing tradings where its at my friend (you can trade lots of assets, not just paper ones) 😎👌
Studies show that passive investing works better than active on long term
Try dividends stocks because they do pay cash flow and you hold them for the long term.
ETFs will also produce cash flow depending on what you decide you want to invest in. Some of them will require very high minimum balances and some of them are very cheap to buy you have to decide your own risk level and risk tolerance.
May I own multiple different kinds of companies each one pays a different amount and I look at it in the number of days per month that I get paid. My return in percentage has to be at least 6% and above and I found at least 10 companies that do that. You must do your own research however!
Thank you for sharing your experience. Your transparency is refreshing and I was engaged throughout. You're a great teacher and I look forward to listening to more of your very valuable information.
Finding tenant in outskirts is very hard and vacancy rate will be v high.
diversify
real estate
buy rental properties both commerical and residental
buy and flip houses.
stocks: buy stocks you can trade and sell for a profit, buy stocks you hold for dividend.
cash flow plus resell at a profit.
year by year you getting better and better ! thank you! I will see all your video!
I needed to watch this thank GOD and you for giving real and honest direction concerning business
Great video! Amazing how you clearly explain these complex topics in basic form.
Ty my spirit kept telling me to go to UA-cam. This video was exactly what I needed.
property rental is a headache!
True
Not worse than a regular corporate job but almost as bad. I wish i had taken the good gov job when i was offered in college.
Virji.. I'm a superfan of your channel..
Learned a lot from you
Thank you so much
Just be aware that many HOA or community associations (such as condo's) are putting restrictions on how many units in the community can be rentals. So know where you're buying.
+❶❷⓿❺❸❾❷❷⓿❼❼✅& thanks for commenting/
Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly|
Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.
This is superb! Information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro investor?
I am fully agree with you
You are the best ❤
GREAT video. A must watch. Sending to my teenage boys too. I want them to be light years ahead of me financially. Thanks Jaspreet & Co.
A good father you are. Salute.
This video was created five months ago... if I had seen it sooner... but thanks a whole lot.stay healthy
Very informative video and in a fast changing society I found this video very helpful. Thank you for sharing
Thank you
No other aside guild💨unlocks
I love this video. It answered a lot of questions in my heart
Absolutely great advice!
Good insight. Smart Guy! I like the diversification across asset classes. This is a good plan.
O.M.G.!!! That nightmare real estate story is ABSOLUTELY CRAZY!! Thank you for being honest and open enough to share that story… I think most of us would hide that story from everyone, however, your approach of “lessons learned” has sure helped us all. The whole video was great - educational, entertaining and down-to-earth. Thank you
I have few real estate properties and all rented to present market rate, my equity is multiple millions and very handsome positive cash flow and all managed by property management I don't move my fingers I retired gov decent job with good pension and now I am traveling the world and enjoying my life in beautiful California.
Spot on level headed advice. 👍👍
I really appreciate all your videos, I’ve learned so much in the past 4 months! Thank you
I know that my house would be a cash flow giant in the city of East Boston...Logan Airport close, downtown a stop a way on the T. Easy access to all interstates..plenty of off street parking and quiet neighborhood with lots of parks and elementary schools. Just saving enough to turn it into a rental.
Great video!!Thank you for making this video easy and interesting.
Great information and you broke it down very well 👍
AWESOME!! STRAIGHT TO THE POINT!!
You are a good man , enjoy your channel from Vancouver Island British Colombia .subbed
Michigan here as well. Subscribed!
I appreciate your willingness to share your knowledge and also your struggles so we can avoid similar situations. I'm glad you are doing well today in your buisness.
CONGRATS ATTY..ENJOY YOU MONEY MAKING IDEA
A number of years ago, I wanted to do something to accelerate my time to being financially independent. I ended up investing 1k grands January with Diego Dias Cardoso, now I have an extra $700k. Thinking about getting first rental property
I can see you know about him too. Having assets and not being able to profit from them can be very frustrating, big thanks to Diego Dias, as I make huge profits trading with him on weekly basis. He's definitely the best.
I've got quarter million to invest, but I want to ensure profits My friends say I shouldn't buy properties yet, as there is a makert crash coming. Love to give him a try
This is not the first time I'm hearing about Diego Dias Cardoso and his testimonials but I have no idea on how to reach him.
SCAM ALERT 🔥
@RagonLayyathese are scam bots
just wow.....all i can say is THANKKKKKKKKKK you so muchhhhhhh god bless you in abundance in jesus name amen!
Guild♈️unlocks⚛️
Peace of mind is priceless. Having good tenant is luck but when you end up with a bad tenant and giving you headache and ruin your place.....going through sleepless nights is not priceless...i prefer having to invest in good etf, live moderately/simply, and peace of mind
+❶❷⓿❺❸❾❷❷⓿❼❼✅& thanks for commenting/
Your explanations r right on. At one time when it wasn’t cool I had 5 homes all with renters in them. Sold them all out of fear. I wonder if I can do it all over again
Good video got a lot of respect for someone who tells the ugly side of investment. Nothing like someone putting themselves out there I definitely hit the like 👍 button.
I love the presentation. I wished someone could have given me this advice earlier.