How To Invest In Real Estate As A Beginner

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  • Опубліковано 1 гру 2024

КОМЕНТАРІ • 156

  • @bahijarhafiri
    @bahijarhafiri 9 місяців тому +141

    Real estate investment losing money is music to my ears. They are a major reason why the real estate market is the way that it is now.

    • @graywilliams_77.
      @graywilliams_77. 9 місяців тому

      investing requires good experience and adviser to carry out a good and successful investment.

    • @GhanYt
      @GhanYt 9 місяців тому

      Financial life is more comfortable and safer when you have good adviser management skills,

    • @graywilliams_77.
      @graywilliams_77. 9 місяців тому

      jenny pamogas canaya she is whom i work with look her up.

  • @Riggsnic_co
    @Riggsnic_co 11 місяців тому +102

    I advise you to invest in stocks to balance out your real estate, Even the worst recessions offer wonderful buying opportunities in the markets if you're cautious. Volatility can also result in excellent short-term buy and sell opportunities. This is not financial advice, but buy now because cash is definitely not king right now!

    • @usieey
      @usieey 11 місяців тому +2

      One strategy for protecting against a recession is to buy equities. Investors, especially during a recession, need to know where and how to put money in order to make money while avoiding inflation.

    • @maga_zineng7810
      @maga_zineng7810 11 місяців тому +2

      It has never been easier to understand how to build your money than it is right now, when you may study and experience a completely variegated market passively by employing a successful portfolio-advisor. The impacts of the U.S. dollar's gain or fall on investtments, in my opinion, are complex.

    • @Mohaimam316
      @Mohaimam316 11 місяців тому +2

      please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch with them?

    • @maga_zineng7810
      @maga_zineng7810 11 місяців тому +2

      Credits to 'Natalie Lynn Fisk' she has a web presence, so you can simply

    • @Mohaimam316
      @Mohaimam316 11 місяців тому +1

      She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.

  • @Grace.h-t8o
    @Grace.h-t8o Рік тому +74

    Asking a real estate agent whether you should buy a home right now is like to asking an alcoholic whether they think you should have a drink lol. Homes in my neighborhood that cost around $450k in sales in 2019 are now going for $800 to $950k. Every seller in my neighborhood is currently making a $350k profit. Simply unreal. In all honesty, deflation is what we require. The only other option is for many people to go bankrupt, which would also be bad for the economy. That is the only way to return to normal.

    • @GersderaNioer
      @GersderaNioer Рік тому +6

      Home prices will come down eventually, but for now; its best to offset some of your real estate investments and get into the financial markets or gold. The new mortgage rates are crazy, add to that the recession and the fact that mortgage guidelines are getting more difficult. Home prices will need to fall by a minimum of 40% (more like 50%) before the market normalizes. If you are in cross roads or need sincere advise on the best moves to take now its best you seek an independent advisor who knows about the financial markets.

    • @ben_dukeson
      @ben_dukeson Рік тому +4

      Personally, I can connect to that. When I began working with a fiduciary financial counsellor, my advantages were certain. In these circumstances, I would always advise getting professional help so they can steer you through choppy markets and just give you indicators and strategies for knowing when to enter and exit the market.

    • @Agatha.wayne0
      @Agatha.wayne0 Рік тому +4

      Impressive can you share more info?

    • @ben_dukeson
      @ben_dukeson Рік тому +3

      Stacie Lynn Winson is my portfolio-coach, I found her on Bloomberg where she was featured, I looked up her name on the internet. Fortunately I came across her site and reached out to her, you can verify her yourself.

    • @Eric_Dennis
      @Eric_Dennis Рік тому +2

      She appears to be well-educated and well-read. I ran a Google search on her name and came across her website. Thank you for sharing.

  • @OwenFlex
    @OwenFlex Рік тому +182

    The 1% of rich people think of how to invest their money to increase their wealth during the recession. While 99% of struggling hard-luck people think of how to survive without food and daily necessities in the recession and the coming hyperinflation

    • @LeeParkchu
      @LeeParkchu Рік тому +3

      I am a dividend investor for the most part but I have bought Tesla stock a couple of times. However I have bought Tesla stock again and will hold for the long haul this time.

    • @GibsonJames-gr3on
      @GibsonJames-gr3on Рік тому +2

      My portfolio is made up of dividend etf’s, dividend stocks, growth stocks, it allows a bit more freedom in specific areas with help of an advisor CHRIS RYAN STEWART who I’ve been in touch with over the years before buying any stocks and it’s been working perfectly for me.

    • @SeanJohns-ze8ie
      @SeanJohns-ze8ie Рік тому +1

      Can’t wait to get where you are at. I put 10% of my 401k/Roth when I get paid, which I don’t really watch. Then I put $400/paycheck in a dividend portfolio. They say the first $100k is the hardest.

    • @RobertDamanii
      @RobertDamanii Рік тому

      Working Chris Ryan Stewart, I started my first stock in Feb 21, 2022 I noticed the market went down the whole year so now I’m up a lot of money endless we go back to the October lows I will keep putting more stocks super excited for 2024 the payoff will be great 😌😌

    • @RoseBalerus
      @RoseBalerus Рік тому

      Great info, how can I get someone like that?…. I’m bombarded with the “don’t sit on it during the inflation, I wanted to jump in 8/22 and did nothing so far this year I think I need to get my feet wet

  • @Dashabell.
    @Dashabell. 7 місяців тому +13

    I realized that the secret to making a million is saving for a better investment. I always tell myself you don't need that new Maserati or that vacation just yet. That mindset helped me make more money investing. For example last year I invested 80k in stocks and made about $246k, but guess what? I put it all back and traded again and now I am rounding up close to a million

    • @TimothyRamseys
      @TimothyRamseys 7 місяців тому

      Thanks for continuing updates I'd rather trade the stock market as it's more profitable. I make an average of $34,500 per week even though I barely trade myself.

    • @TimothyRamseys
      @TimothyRamseys 7 місяців тому

      I'm favoured financially, Thank you Jesus $32,000 weekly profit regardless of how bad it gets on the economy

    • @sinitkaiauliana1946
      @sinitkaiauliana1946 7 місяців тому

      How
      ..? Am a newbie in crypto investment, please can you guide me through on how you made profit?

    • @Dashabell.
      @Dashabell. 7 місяців тому

      Thanks to Patricia V Vesely.

    • @Dashabell.
      @Dashabell. 7 місяців тому

      She's a licensed broker here in the states

  • @DorathyJoy
    @DorathyJoy Рік тому +98

    For newbies, be aware that this is a grossly oversimplified scenario. For one thing, you can't get a mortgage on an investment property without at least 25% down payment. Two, it's easy to see comps for house purchase prices, but it takes a lot of research to understand the comps on rent prices. The trick is to find a place where renting is more expensive than buying, but those places are less common because of this very type of scenario. Three, you have to remember that rent number he's using is supposed to be net income, not gross. So you have to think about costs for taxes, insurance, maintenance and vacancy when you're researching investments. All that said, real estate investing is a good tool for wealth accumulation. But it isn't foolproof.

    • @RaymondKeen.
      @RaymondKeen. Рік тому

      Thank you for this tip , I must say, Margaret appears to be quite knowledgeable. After coming across her online page, I thoroughly went through her resume, educational background, and qualifications, and I must say, it was quite impressive. I reached out to her, and I have booked a session with her.

  • @GIOFdez
    @GIOFdez Рік тому +1

    Thank you for taking the time to teaching us

  • @limphead2590
    @limphead2590 Рік тому +1

    Good video. Everyone out there never give up.

  • @dmiles8406
    @dmiles8406 9 місяців тому

    I’ve been watching your videos and learning a lot. I’m a Marine Corps veteran in Virginia Beach with a home 🏡 in Virginia Beach. I’m looking to relocate as soon as I sell my home. Texas is the plan but I wish that I could move to Seattle. Looking 👀 forward to investing in real estate. Thank you for sharing your knowledge.

  • @bigmackmasterman5738
    @bigmackmasterman5738 Рік тому +2

    Thank you so much Thach for your great information about Real estate investing.

    • @ThachNguyen
      @ThachNguyen  Рік тому +2

      My pleasure and put it to use 😊

  • @jho3902
    @jho3902 Рік тому +5

    Thank you for all that you do and sharing your knowledge ❤🙏🏼. Looking into investing in real estate and there is just so much to learn!

    • @ThachNguyen
      @ThachNguyen  Рік тому +2

      Yes there is a lot and decide you want to buy and flip or buy and hold. Then get the strategy for that.

  • @wealth.harvest
    @wealth.harvest Рік тому +11

    The best time to invest in real estate was yesterday. The next best time? Right now

  • @fingerscrossed24
    @fingerscrossed24 11 місяців тому +1

    So helpful! Thank you for this!❤

  • @TareVare
    @TareVare 6 місяців тому +54

    I remember when I just got into crypto back in 2019 but later in 2020 I ended up selling it because I was dumb and I didn't understand it. I studied and learned and now I know how it works. Got back into crypto early in 2023 with 10k and I’m up with 128k in a short period of time.

    • @TareVare
      @TareVare 6 місяців тому

      As a beginner investor, all you have to do is to have a mentor to keep you accountable.

    • @TareVare
      @TareVare 6 місяців тому

      Sincerely speaking. I will continue to trade and stick to Reynold Felicia daily signals and guides as long as it works well for me.

    • @NavasCrawford
      @NavasCrawford 6 місяців тому

      Wow. I'm a bit perplexed seeing her been mentioned here also Didn't know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been great.

    • @TareVare
      @TareVare 6 місяців тому

      SHE'S MOSTLY ON TELEGRAMS, USING THE USERNAME

    • @TareVare
      @TareVare 6 місяців тому

      @Reynold35...that's her name

  • @eunicefunny5162
    @eunicefunny5162 8 місяців тому

    Hi thank you for explaining about real estate 🏡 I have been looking for this kind of video explaining how to start, this video has been helpful as a fast home buyer.

  • @kelvinjohnson4
    @kelvinjohnson4 10 місяців тому +166

    Honestly, I'm unsure if investing is a wise move right now. Take note of how frequently things fail. As I still have some time before I retire, I'm still looking for a better strategy to invest my money despite reading charts and predictions from well-known investors from the past and present. In order to generate passive income, I want to build a solid and reliable portfolio.

    • @Mouradmedbjber
      @Mouradmedbjber 10 місяців тому +1

      The outstanding catch-up measures currently in place are unquestionably due to the Fed, as they were first too sluggish to contain inflation. The epidemic, supply-chain concerns, and the situation in Ukraine are all factors in the looming perfect storm of inflation. Not to mention the sharp increase in housing expenses, another factor that makes it challenging for the Fed to control inflation. To sum up, if you have the cash, get rid of it right away to benefit from the high savings rate.

    • @Markjohnson09
      @Markjohnson09 10 місяців тому +1

      The issue is this! Individuals with little to no experience in the stock market commonly try to buy on their own. Prior to acting appropriately and getting in touch with Colleen Janie Towe in the US, I had the notion, but things have changed since then.

    • @halimatanko7538
      @halimatanko7538 10 місяців тому +1

      @@Markjohnson09 would greatly appreciate if you could share some information about your financial advisor. I'm also interested in making positive changes to my finances this year, so any insights would be highly valuable to me.

    • @Markjohnson09
      @Markjohnson09 10 місяців тому +1

      Finding financial advisors like Colleen Janie Towe who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.

    • @halimatanko7538
      @halimatanko7538 10 місяців тому +1

      @@Markjohnson09 I've come across a lot of recommendations but this one stands out. Colleen Janie" resume is pretty sophisticated, and shows she was active during the last bear market, I also emailed her. Thanks for the info!

  • @MrAndrew4735
    @MrAndrew4735 Рік тому +3

    Really appreciate your videos and knowledge! With a FHA loan could you buy a property with 2 separate units upstairs and a store front below? I would live in one of the upstairs units, rent out the other 2 spaces.

  • @helenbake4141
    @helenbake4141 Рік тому +4

    Great Video, apparently you all have been following the recent development in block chain technology. I heard some blockchain companies now have smart contract for mortgages.

    • @chanjin3718
      @chanjin3718 Рік тому

      Yeah, right now looks like all you need is just 10% of your property valuation ,just like the banks ask for ,then the blockchain ECN does the rest.

  • @TapashInTouch
    @TapashInTouch Рік тому +3

    Love the information! Super excited to apply these ideas into my life.

  • @hppat876
    @hppat876 10 місяців тому

    Very well explained!

  • @rumahjakartabekasidijual
    @rumahjakartabekasidijual Рік тому

    Explore the endless opportunities that real estate investing brings to the table

  • @thainguyenrealestate
    @thainguyenrealestate Рік тому +2

    Love these tips, Thach!

  • @LA-xj3tz
    @LA-xj3tz Рік тому +4

    What a slick move that you pulled to promote your mentorship program! Money 💰 💵

  • @user-nh4tm6hh4j
    @user-nh4tm6hh4j Рік тому

    The part where he said he worked at a grocery store and stacked his money. Yeah, that leaves about 90% of people out of the game. Let's talk about how he lived when he was stacking that money. Try, never going out to eat, never going to a concert, game or movie. With real estate you are leveraging YOUR money to borrow from banks and then use the banks money to buy real estate. I have an investment buddy. When people ask him how to get rich he says "Save, Save and then save some more" It takes money to make money folks.

  • @ariafaith2287
    @ariafaith2287 Рік тому +2

    While there may not be as much excitement about stocks. I keep buying my targeted stocks on low days. They keep dropping and I keep buying. I'm running lower on cash though.. down to about 20% cash. I'II keep buying the sale prices until l'm outta cash. gotta be greedy when others are fearful.

  • @IWBVS
    @IWBVS Рік тому +2

    people love talking about FHA 3.5% down as a way to get in, but in places like Cali, that means your loan is 96.5% LTV. at 8% interest rate on a $800k loan(median prices around much of CA is $850-950k), that's $7,000/mo PITI. which means you need to gross about $17,500/mo income to qualify if you have no other debt.

    • @johnnyb33good21
      @johnnyb33good21 Рік тому

      Move to another affordable state,
      Creative financing where you can assume a low interest rate
      Seller financing where you can negotiate your interest rate and down payment etc.
      Try Airbnb or mid term rentals to earn higher income to afford the higher priced properties

    • @wl6020
      @wl6020 Рік тому

      I know someone who bought in the seattle area, he has over 30 houses, started 40 years ago. He knew how to fix houses, plus he only bought fixer uppers, that is in the bad areas, and houses are 80+ years old. He got lucky on some houses and sold it for land since the light rail came, or zoning changed, or the neighborhood got safe. Where you live, you can look for fixer uppers, 80+ yrs old, bad areas and very far away from city center. It is out there for you to start.

  • @mehamada1
    @mehamada1 Рік тому

    what is your opinon about buy property in installment then resell and take over amount,?

  • @quizzyondemand
    @quizzyondemand 11 місяців тому

    All this free game.. ima use it to build a empire

  • @maryamk2398
    @maryamk2398 Рік тому +2

    Excellent tips, Thanks a lot for sharing that. Could you please share how we can own the properties 100% financed?

  • @Hanns_designs
    @Hanns_designs 11 місяців тому

    Hello there, can I start my real estate by buying lands and flipping them ?

  • @sane-d
    @sane-d Рік тому

    Thanks for the info, however, what if i already own a primary residence then i can't house hack, what would you suggest then since the video mainly assumes it's a newbie who doesn't own any home yet?

  • @davidadamson3664
    @davidadamson3664 7 місяців тому

    "House Hack" is exactly how I got started.

  • @mikewilcherjr6387
    @mikewilcherjr6387 Рік тому +2

    Love your content💪🏾
    Question: Would you pull out equity on your primary home to invest in more property if your primary home had an interest rate of less than 2%?

  • @jonathanmula21
    @jonathanmula21 11 місяців тому

    What are some good books?

  • @hailtothe_rooster1572
    @hailtothe_rooster1572 11 місяців тому

    Could I get in the door taking advantage of a VA loan? I know I can rent it out after X amount of time with certain criteria met but is it better to use that loan for a non investment property?

  • @fredsisan29
    @fredsisan29 Рік тому

    dude you are imazing

  • @saleimafi8163
    @saleimafi8163 Рік тому

    Thanks thach! Thanks for making a video like this!!

  • @Justkeepitabuck
    @Justkeepitabuck 9 місяців тому

    I heard a few single family house that the three bedroom two bath and you rent it off thats not a tax write off

  • @maryabraham4412
    @maryabraham4412 Рік тому +19

    This remains me of the Forex trader motivation video i watched, you'll be hearing a compilation of the top pieces of advice traders wish they knew when they started to trade. The video focuses on trading mistakes no trader should make. You'll be empowered to bring your trading on the right track and learn which trading mistakes to avoid. Don't forget to comment below this video with your favorite advice because i believe we do learn everyday and in different places, so please lets share insights and ideas here..

    • @dcall-bl8xf
      @dcall-bl8xf Рік тому +2

      Successful trading is all about knowledge, experience and discipline, and you can achieve these virtues from anywhere with access to the markets. You can go anywhere and do anything you want, and still bring home money. What's better than going on vacation AND making money?

    • @loganjules767
      @loganjules767 Рік тому +2

      This is the problem! Most times people with little or no knowledge of the market try investing by themselves. It once happened to me, then I learned my lesson and contacted a US-based finance consultant by name Eleanor Johnston Sorensen and everything changed. In in the first quarter of this year i made $370k and counting

    • @davidcents961
      @davidcents961 Рік тому +1

      first step to successful investing is figuring out your goals and risk tolerance either on your own or with the help of a financial professional but is very advisable you make use of a professional like I did. If you get the facts about saving and investing and follow through with an intelligent plan, you should be able to gain financial security over the years and enjoy the benefits of managing your money

    • @bookingamper3299
      @bookingamper3299 Рік тому +1

      I am surprised that this name is being mentioned here, I stumbled upon one of her clients testimonies on CNBC news last week

    • @LeoniaTyacke
      @LeoniaTyacke Рік тому +1

      The stock market rally run is gone, but I'm not sure if equities will swiftly recover, keep falling, or fluctuate in a narrow range for a few weeks, or if things will quickly get worse. I'm under pressure to increase my $300k reserve..

  • @ateeqkolachi9135
    @ateeqkolachi9135 Місяць тому

    Can you make a video about dubai real estate

  • @LA-xj3tz
    @LA-xj3tz Рік тому +2

    Mindset and dream big to promote your mentorship program!

  • @thecurrencyacademy
    @thecurrencyacademy Рік тому

    Good looks man nice video!

  • @CMRHM
    @CMRHM 8 місяців тому

    nice

  • @royaariana-tr1oz
    @royaariana-tr1oz Рік тому

    Thank you for Inspiration 🎉❤❤

  • @wilsentwins
    @wilsentwins Рік тому +2

    serious question, is it possible to do this if we just moved to the US?

    • @ThachNguyen
      @ThachNguyen  Рік тому +2

      If you are a US citizen and have income to qualified to get a loan why not 👍

  • @eymTM6947
    @eymTM6947 10 місяців тому

    but what do you do if you're 14 ??

  • @ResearchingOnYoutube
    @ResearchingOnYoutube 10 місяців тому

    😨SERIOUSLY THOUGH!
    With high market values and relatively high interest rates, how would a first time real estate investment buyer compete with local rental prices that are most likely going to be much lower than what the mortgage alone would be on the investment property?

    • @shannicedavidson2702
      @shannicedavidson2702 10 місяців тому

      You’re right actually , like there’s this real estate platform I’ve been on and the methods they use are quite innovative in the sense that , they have an overview of %100 on returns be it rental income or property appreciation .. and I on my own am very confident that this platform’s opportunity in contrast to others and the way the things economy is moving has significant potentials tho .
      Not to type much , we could discuss about it if you want , but my point being that , I still have an optimistic view of the market .

  • @JoyceGreme
    @JoyceGreme Рік тому +25

    I'm a single mum who became a homeowner last year. It was a huge milestone for me! On top of that, I'm also fortunate enough to have a pretty decent monthly income through my successful strategic investments. As a result, I have carefully planned for my retirement after my kids are done with college.

    • @quin5155
      @quin5155 Рік тому

      Wow..great! How did you go about it

    • @JoyceGreme
      @JoyceGreme Рік тому

      Understanding the intricacies of investing is crucial. That's why it's important to have a reliable support system, such as a financial consultant, who can guide you, especially when it comes to selecting assets. Personally, I work with Alex martin tarlor, an investment advisor who collaborates with a licensed wealth management firm. I must say that my financial journey has been exceptional under his guidance. Alex is widely recognized for his excellent services, so you may already be familiar with him.

    • @JanePalmer-bg8tb
      @JanePalmer-bg8tb Рік тому

      I just searched him up he has a good portfolio

    • @quin5155
      @quin5155 Рік тому

      Thanks a lot , I just googled him up and made contact

    • @maryamk2398
      @maryamk2398 Рік тому

      Who? @anitapauline651

  • @ivanballesteros3179
    @ivanballesteros3179 Рік тому +2

    I have a question. I have two pieces of land which I bought for 11,000 and now the are worth 23,000. I’m using a usda construction loan to build a house in one lot and I was planning to keep the second lot to eventually build a rental property as it’s cheaper to build a new construction than buy a house already built. The total cost of the house I’m building will be 220,000 (including lot) when the market value of that house will be 250,000. Because of the high interest rates I was thinking to sell the second lot and use the money as a down payment for my already started new construction. I’m already putting 30,000 for my first house and with the earning for selling the second lot I would be putting down 52,000. Do you guys think this is a good idea or should I wait to build a house in my second lot later? Would it be hard to get a construction loan for the second house?

    • @FuckYouTubeliar
      @FuckYouTubeliar Рік тому

      My friend, you are making a very huge mistake as a new homebuilder. You should be sitting on 20 to 25% equity on your property after you’re done if you look at your total cost of your property and by the end of the whole process the value of your property that you have, it’s not even 1% from what I’m understanding the area that you’re in if not a fast growing area so building it and expecting high return off rental is not possible as well so with this high interest-rate even after you change it to a conventional loan, you’ll never make money out of it, so just sit down build a small shed in the back and buy materials slowly whenever you find deals and start accumulating

    • @ThachNguyen
      @ThachNguyen  Рік тому

      Wait to build the second one

  • @JimGCoachingClub
    @JimGCoachingClub Рік тому +1

    Your real estate insights are fascinating. Our faith-based channel, focused on Airbnb passive income, shares a similar audience. I really think a collaboration could be mutually beneficial. Let's discuss it further! 🏡🙏

  • @Madn3ssMan
    @Madn3ssMan Рік тому +2

    🐐

  • @Aigberaedion_Samson
    @Aigberaedion_Samson Рік тому

    $100,000

  • @SimranSingh-zw5ys
    @SimranSingh-zw5ys Рік тому +1

    Why should u never buy a luxury house?

  • @commitmenttoexcellence
    @commitmenttoexcellence Рік тому +1

    you need a real estate attory on your team

  • @peter_tehpro4287
    @peter_tehpro4287 Рік тому +1

    Why the hell he look so mad tho

  • @susan_henry
    @susan_henry Рік тому

    My name is nelson

    • @KingsleyGreg
      @KingsleyGreg Рік тому

      Investing in stocks is a good idea. A good trading system will put you through many days of success.

    • @stockk247__on_Telegaram
      @stockk247__on_Telegaram Рік тому

      I lost 100k and 7k currently on the account really sad 😢

  • @tonycaputo2966
    @tonycaputo2966 11 місяців тому

    @ThachNguyen Hello first time commenting but I’ve been following for a while. I really wish we had someone like you in Canada. You have inspired me. Having said that I am in a horrible position. I currently have a rental property, I owe nothing on property fully paid off. My tenants recently left. They made a complete mess. My wife wants to just sell, Capital gains would be enormous. I want to rehab and rent again. I could sell The property and try to purchase another one or two… I am stuck, not to mention she had a family real estate agent convince her that the property needs too much work, and I will never get my money out of it. I know you are in the USA but any advice would help.

  • @JeffBirch-u7d
    @JeffBirch-u7d 8 місяців тому

    I’ve been watching your videos and learning a lot. I’m a Marine Corps veteran in Virginia Beach with a home in Virginia Beach. I’m looking to relocate as soon as I sell my home. Texas is the plan but I wish that I could move to Seattle. Looking forward to investing in real estate. Thank you for sharing your knowledge.