Want to learn the exact methods and the unique stratigies that Thach used to get to $100m in realestate? Thach Lays it all out in his course “Springboard to Wealth” Visit the link to learn more: learn.springboardtowealth.com/upflip
Let's be honest with ourselves. The 90's was the best time to buy real estate in the last 40 yrs, only exception being 2009-2014. In Seattle at least, in suburbs you could buy properties for under $200K easily. Fast forward today, they are worth almost $2M. That equity all along the way while rates were going lower and lower and lower, allowed equity to get pulled out and re-invested. The key to getting started is timing more than anything else. If you are starting today, forget it. The ship has sailed when everyone is coming out with the mentorship courses, it's too late. Gotta just keep building cash and wait for the next dip when all of the tik tok'ers and instagram influencers and course people disappear and are off capitalizing on the crash. Use this time to educate yourself (for free), and build relationships with other people who want to join in. Build relationships with contractors. And learn about the good areas in your region.
Sure you missed the big wave. But if you’re not playing in the water you’ll never learn how to ride the waves. Even small waves are learning opportunities. I bought my first rental for 5k down, now I’m profiting $400-500/ month. This is my small wave. Insurance and taxes went up so profits went down, but all I needed to do is increase rent back to market rate, and profits went back up. Ride those small waves, so when the big wave is here, you’ll know how to ride it and not wipe out. 🌊
I love the strategies that Thach is sharing here. He comes across like he's very passionate and knowledgeable about his craft. A joy to watch. He's also very relatable, which is nice. I also like Caleb as host, job well done.
Thank you for the support, Nokthula Madondo! Your appreciation means a lot to us and motivates us to continue producing content like this. Do you have a business topic you want to see next on the channel?
@@UpFlip thanks for your response. I am subscribed to your channel and have watched most of your videos. I would love to see more features on female owned businesses. Topics wise, I like online based businesses. But any other I'm good with, as long as it's educational content and it's relatable.
Great video! As someone who's also a real estate agent, I completely agree with your insights on how the industry works. It's amazing how much knowledge and experience we gain just by working with clients and studying the market. I think that transitioning from being an agent to an investor is a smart move, especially if you're looking for ways to increase your income and profit margins. Your story is inspiring, and it's a great reminder that with hard work and dedication, anyone can succeed in the real estate industry. Thanks for sharing your experience and insights with us!
You got that right, Flashpoint Screenprint! If you love content like Thach's, go ahead and read more on our blog or listen to our podcast for more business inspiration. No doubt you'll be writing your own success story soon. Best of luck! 👊
This guy is incredible. Thanks for sharing his story. No better motivation to keep grinding than a success story that led to helping so many people. Ignore the haters in the comments! 😤
That micro apartment is awesome ❤ remembered i just immigrant here, i jave to rent a room in garage or spared room that cost me hundreds but not even close to that micro apartment. Good job
True, but thats not to say he doesnt deserve it. Hes been working and building his wealth for the past 2 and a half decades. I would hope all of us can get to this point someday.
Thach seems like a great guy to learn from. He's done it and is still doing it, which tells you about how much he loves it. Great story and looking forward to the next one.
A true invested stays in the market long term and does not panic. I never panic in 2008, and bought the best deal in Real Estate- a house at 5.5% at $50,000 that now is valued at $185 K
Jackson Sten Marsh, appears to be a true authority in his profession. I looked him up online and found his website, which I browsed and went through to learn more about her credentials, academic background, and career. He owes me a fiduciary duty to act in my best interests. I set up an appointment to use his services.
How can I make this happen? I already have 3 properties and the bank won't lend with no down payment. I live in a highly competitive market, there's no such thing as no money deals. I checked with three different real state agents who are also investors, they could not find ANY no money deals. Not even land.
If anything, it'll get worse. Very soon, affordable housing will no longer be affordable. So anything anyone want to do, I will advise they do it now because the prices today will look like dips tomorrow. Until the Fed clamps down even further, I think we're going to see hysteria due to rampant inflation. You can't halfway rip the band-aid off.
This is precisely why I like having an asset manager look over my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a manager for more than two years, and I've made over 85% of my initial amount/
Glad you love this video! Your appreciation means a lot to us and motivates us to continue producing content like this. Do you have a business topic you want to see next on the channel? 🤔
show me one of these guys that started recently. Most of them started in the 90s when real estate was dirt cheap. Realestate is pretty much a pyramid scheme. Those who got in early are at the top of the pyramid and will always make money. I liked how he taught his kids to be entrepreneurs through the laundry rooms enterprise.
right? this is just another video about some lame boomer who faced no adversity in life. this isn't realistic for people who weren't born in the 60s or 70s.
I almost died laughing when he talked about how he wants people to have affordable homes...300 square feet = 28 Square meters and he is asking over $1200 a month of that. Do i have to say more ? lol
apartment rentals are the best way to grow your wealth. keep buying rental aparments and u grow from there. we own 40 apartments units all together and its the best passvie income streem out there. one house at a time will not make u crazy rich.
Everyone got rich who got into RE 10-20 years ago. Now a house is $550,000 or more. WE DONT HAVE 5-20% collecting dust laying around to buy rentals. This doesnt really work anymore or at least its 10x harder now $105,000 for a house ?! You need that for a down payment now and maybe you'll get lucky. Houses cost $550k - $2million dollars.
True, the golden years of real estate were like from 2008 to 2019, it was basically impossible to lose money, as long as you had enough cashdown. One of my friends who has been into it now wants to get rid of everything, too many problems to deal with tenants and unable to increase the rent.
He already has his partner contractor, but if you're starting out, it would be best to survey your area and check reviews and the actual products of these contractors you're prospecting. It's groundwork, but it will be worth it so you can find quality ones! Hope this helps! ☺️
@susannicky shut up and get your money up ya heard. government sets the rules, we all play by them. some are better than others. blame the source, not the symptoms
The dilemma arises from the fact that either the tenant or the landlord is obligated to cover expenses such as insurance and property taxes to maintain a residence with essential utilities like electricity, gas, and water. Consequently, a significant portion of the population, particularly in California where I presently reside, is resorting to living in tents. They evade taxes, rent, mortgages, or insurance. It's astonishing the number of individuals I encounter who confess to residing in their vehicles. The situation out here is truly challenging.
That micro unit complex without parking really screws up the single family houses around there, now they will have a massive parking problem, noise, crime, and lowered property value.
@@TheRachag im sure the neighbors are pissed but they cant do anything about it. Those small units, thach has a few apartment buildings of it. Im sure the parking situation will affect a few blocks of single family homes. There will be a percentage of renters who will have a car for work to save time or get groceries without taking the bus. A car is very convenient, some renters will just walk a few blocks to get a open spot and take out someones parking spot.
@@UpFlip none. It just benefits the investor, and destroys the neighborhood. It helps keep housing cheaper for renters but it also makes crime go up due to more people per sq mile in seattle.
Got it, it's so easy, anyone anywhere can do it. Social media work this guy is putting in is all just charity. Don't worry about your lack of capital, having missed out on the biggest housing market run of your life, stupid cheap loans or even being at the right place at the right time.
Thank you for watching! Are you in the real estate industry too? If so, we have a ton of other content just like this, so please feel free to check out our channel! ☺️
I’m trying to learn how to read a market in the sense of making predictions on which areas are most likely to appreciate, and which housing units in that area are undervalued. Seems like finding a friend in real estate is the best way to learn more? How do you learn that side of things?
8:06 This man just said he charges $1250/ mo to 1350/mo to rent a 250 square-foot apartment to help people with lower income. No, sir, this is a money grab nothing wrong with it but when you try to act like it’s to help people it’s a little slimy
@@UpFlip none why its the experience that got you to form many blue prints ... my only thing to include is to put more talks out there to create blueprints to work with other blueprints.. key really connecting blueprints... thanks for sharing.. chi chi cheers lol
always praying to God guide me to the right path, end goal i do want to own couple properties specially apartment complexes 🙏📝 God bless ima get to my goal slowly build up profit everyday and credit help me get there 💯🔥🙌🏻
37:52 I don’t know what happened here but let’s not get eye contact off of the people we interview. Unless somebody off camera wanted to say something to both of you that was blatantly rude, having your eyes go elsewhere when he was excited to show you and us as the viewers what he’s doing with his children to get them into that mentality.
I wish I could do this in NJ, but it's absolutely nuts over here. The cheapest house you can find these days is around $300k and that's for a small single family house in Central Jersey. Northern Jersey is even crazier. That means that I would need at least $20k+ to buy my first property. It's really sad, how the hell are just regular people suppose to buy their first house with inflation and interest rates the way it is. Moving forward the only people that can do any of this are the ones that are already wealthy. I wish I started doing this 10 years ago.
Get tf outta Jersey. Come to the rust belt. We have so many abandoned towns and favorites waiting to be gentrified, most near major hospital campuses where doctors frequent. In the middle of the hood in Ohio adjacent to hospital campuses, they're commanding rents around 2600 for a 2 bed 1 bath. I'ma give you a freebie too. Buy closer to the police station. The tragedy of gated communities is that the same house outside the gate isn't really a comp. But when there's no separation, people feel like it's cohesive.
Just to elaborate in the example above. The houses adjacent to the hospital campus are so nice they feel like part of the campus and not the surrounding hood
numbers done make since he said at the begining that the rent for those 5 town homes was 49k a month but then half way through he said they rent for 3500 a month and his morgage is 2500 per town home.
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.
This men is an inspiration: real estate is great and awsome. College is nothing now a days. Better to own and start a business. Seattle is very expensive place to buy. His profit margins are amazing.
No, he doesn't just teach people how to get rich. Instead, he teaches these people life skills. Similar to when you're attending a university but already niched down to exactly what skills you need to operate. Hope that makes sense.
100 million real estate, the real annual income is 10%, which is 10 million US dollars, and the cost is 100 million real estate, but through teaching, each person earns 5,000 US dollars, and 1,600 people earn 800 US dollars. The cost is almost negligible, and the cash flow can be doubled. This is the most cost-effective business.
Want to learn the exact methods and the unique stratigies that Thach used to get to $100m in realestate? Thach Lays it all out in his course “Springboard to Wealth” Visit the link to learn more: learn.springboardtowealth.com/upflip
I’m not comfortable with this new HOST!! Where’s our regular guy??
@@realestatecoachestv he'll be back soon ;)
Owning multiple real estates comes with its own problems, such as chasing tenants, damage ,paint ECT... Which makes it residual income not passive
@@beehumble92, that is true unless you decide to go with a property management company to handle all these things for you!
@@UpFlip it's still considered as residual not passive, research the meanings
Thach - ignore the haters. Been following you for a few years, love how you get your sons involved in business from an early age.
Amazing comments. If you are searching Web design and development services, just search in google "Ansarul_Trigger"
Let's be honest with ourselves. The 90's was the best time to buy real estate in the last 40 yrs, only exception being 2009-2014. In Seattle at least, in suburbs you could buy properties for under $200K easily. Fast forward today, they are worth almost $2M. That equity all along the way while rates were going lower and lower and lower, allowed equity to get pulled out and re-invested. The key to getting started is timing more than anything else. If you are starting today, forget it. The ship has sailed when everyone is coming out with the mentorship courses, it's too late. Gotta just keep building cash and wait for the next dip when all of the tik tok'ers and instagram influencers and course people disappear and are off capitalizing on the crash. Use this time to educate yourself (for free), and build relationships with other people who want to join in. Build relationships with contractors. And learn about the good areas in your region.
not a lot of people like to be honest, because doing so mean confronting hopelessness
In he end, he's banking more from the seminars than from rentals.
Exactly. Start ASAP, build cash, wait for opportunities, educate yourself, don't make stupid decisions
Agreed 💯
Sure you missed the big wave. But if you’re not playing in the water you’ll never learn how to ride the waves. Even small waves are learning opportunities.
I bought my first rental for 5k down, now I’m profiting $400-500/ month. This is my small wave. Insurance and taxes went up so profits went down, but all I needed to do is increase rent back to market rate, and profits went back up.
Ride those small waves, so when the big wave is here, you’ll know how to ride it and not wipe out. 🌊
I love the strategies that Thach is sharing here. He comes across like he's very passionate and knowledgeable about his craft. A joy to watch. He's also very relatable, which is nice. I also like Caleb as host, job well done.
Thank you for the support, Nokthula Madondo! Your appreciation means a lot to us and motivates us to continue producing content like this. Do you have a business topic you want to see next on the channel?
@@UpFlip thanks for your response. I am subscribed to your channel and have watched most of your videos. I would love to see more features on female owned businesses. Topics wise, I like online based businesses. But any other I'm good with, as long as it's educational content and it's relatable.
Amazing comments. If you are searching Web design and development services, just search in google "Ansarul_Trigger"
I'm from Seattle. I remember seeing Thach driving his Rolls Royce back in 2005. Dude is legit and a Seattle legend in my eyes.
Thanks for sharing that cool memory, J M! Are you still in Seattle?
@@UpFlip not anymore. But visit often.
@@UpFlip I'm in seattle! )
Great video! As someone who's also a real estate agent, I completely agree with your insights on how the industry works. It's amazing how much knowledge and experience we gain just by working with clients and studying the market. I think that transitioning from being an agent to an investor is a smart move, especially if you're looking for ways to increase your income and profit margins. Your story is inspiring, and it's a great reminder that with hard work and dedication, anyone can succeed in the real estate industry. Thanks for sharing your experience and insights with us!
this is a scam you would start making profit after you die and paid of all the loans and construction costs and material
Lies again? Nashville Millions Soccer Club
What a great interview and what a great guy to share what he has learned over 30-years. I don't think there are a lot of people like him.
Thank you for watching and engaging with the content! ☺️
Every since Ive found Thach Nguyen. I've been making $85000 a month. Thank Thach
Wow, that's great news, kyleb! Would you like to share with us how you did it?
Right😂😂😂
@@MrTurbo87lxpeople come on here a literally just say anything
no you didnt
Thach nguyen
I can tell you're really passionate about this subject, and it's contagious! You've inspired me to learn more about it.
Thach is goals. He gives so much free content. Made me believe the American dream again.
You got that right, Flashpoint Screenprint! If you love content like Thach's, go ahead and read more on our blog or listen to our podcast for more business inspiration. No doubt you'll be writing your own success story soon. Best of luck! 👊
@UpFlip thank you. Forsure, I am also a big fan of the Upflip UA-cam channel. Didn't know you guys had a podcast. Will be tuning to it now.
This guy is incredible. Thanks for sharing his story. No better motivation to keep grinding than a success story that led to helping so many people. Ignore the haters in the comments! 😤
We hope you found value in the lessons and apply them for your success. Cheers to you! 🔥
Amazing comments. If you are searching Web design and development services, just search in google "Ansarul_Trigger"
That micro apartment is awesome ❤ remembered i just immigrant here, i jave to rent a room in garage or spared room that cost me hundreds but not even close to that micro apartment. Good job
dude was just at the right place at the right time before the crazy tech boom at Seattle.
add hardwork, dedication, and grit to that and it sounds like a success!
You do need a bit of luck to get rich, but man seems to have come from humble beginnings and worked hard to get where he is
luck am. i right were just sucks to fruad businessmen like thach
True, but thats not to say he doesnt deserve it. Hes been working and building his wealth for the past 2 and a half decades. I would hope all of us can get to this point someday.
❤ This guy is just one of the best . Watch him taking on America . He is so authentic and passionate. The sky will be the limit
Thach seems like a great guy to learn from. He's done it and is still doing it, which tells you about how much he loves it. Great story and looking forward to the next one.
Thach is the man! This video was very informative. Great interview 😜
Thank you 🙏
I love the feast mindset! Let go of the famine mindset, it just holds you back from risks you could take. Don't let fear drive your decisions!
Well said. We appreciate you tuning in! Thank you! ☺️
A true invested stays in the market long term and does not panic. I never panic in 2008, and bought the best deal in Real Estate- a house at 5.5% at $50,000 that now is valued at $185 K
Jackson Sten Marsh, appears to be a true authority in his profession. I looked him up online and found his website, which I browsed and went through to learn more about her credentials, academic background, and career. He owes me a fiduciary duty to act in my best interests. I set up an appointment to use his services.
Thank you for sharing this awesome interview that has a WEALTH of knowledge! Mr. Nguyen journey is a powerful blessing.
Your dreams are closer than you think. Keep grinding, the results will follow!
Thanks bud for keepin us financially Educated!
Regardless of how bad it gets on the economy
My pleasure 👊🏼
@@ThachNguyen Great video. Sent you a question on Facebook. Or maybe two.
:)
@@ThachNguyen great video chú Thạch, thank you for your sharing and the inspirational story
Agreed
I will like us to partner together
How can I make this happen? I already have 3 properties and the bank won't lend with no down payment. I live in a highly competitive market, there's no such thing as no money deals. I checked with three different real state agents who are also investors, they could not find ANY no money deals. Not even land.
If anything, it'll get worse. Very soon, affordable housing will no longer be affordable. So anything anyone want to do, I will advise they do it now because the prices today will look like dips tomorrow. Until the Fed clamps down even further, I think we're going to see hysteria due to rampant inflation. You can't halfway rip the band-aid off.
This is precisely why I like having an asset manager look over my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a manager for more than two years, and I've made over 85% of my initial amount/
Mind if I ask you to recommend this particular coach you using their service?
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.
You can buy the properties you want with creative finance or seller finance 🙌🏽
This truly was awesome, thank you so much for sharing. Big fan of yours.
Glad you love this video! Your appreciation means a lot to us and motivates us to continue producing content like this. Do you have a business topic you want to see next on the channel? 🤔
@@UpFlip any topic that relates to building generational wealth will be perfect
Amazing comments. If you are searching Web design and development services, just search in google "Ansarul_Trigger"
show me one of these guys that started recently. Most of them started in the 90s when real estate was dirt cheap. Realestate is pretty much a pyramid scheme. Those who got in early are at the top of the pyramid and will always make money. I liked how he taught his kids to be entrepreneurs through the laundry rooms enterprise.
Then you might want to check out our latest real estate video! The duo just begun and is already making good money!
right? this is just another video about some lame boomer who faced no adversity in life. this isn't realistic for people who weren't born in the 60s or 70s.
I have been watching Thach for a long time, he is great mentor. Love from Pakistan 🇵🇰
Bro finally interview Thach Nguyen. Thach is my inspiration
I almost died laughing when he talked about how he wants people to have affordable homes...300 square feet = 28 Square meters and he is asking over $1200 a month of that.
Do i have to say more ? lol
he is a good person , honest and kind , trying to help others.
Good heart. Thank you for giving back and helping those who are in need.
Thank you for your kind words. 💗
We write you have Google chat or Telegramm, i want Estate house also
apartment rentals are the best way to grow your wealth. keep buying rental aparments and u grow from there. we own 40 apartments units all together and its the best passvie income streem out there. one house at a time will not make u crazy rich.
That's awesome! Do you have any tips you can share with the community? ☺️
What city?
This for me fired up to start real estate! Let’s go people!
Let’s goooooooo🔥🔥
Amazing comments. If you are searching Web design and development services, just search in google "Ansarul_Trigger"
5 Units Pulling $49k monthly.. Damn Seattle is very expensive!
This is amazing !! Thach is the best what an inspiration I work hard to be like this one day
Thank you for sharing your thoughts! Hope you watch our other content and find value in them. ☺️
Thach Nguyen is the real G! Cheers, Boss!
Glad you love this video! Hope you also watch our other content and find value in them. Any business you want to see next? ☺️
Great motivational video 💯
The most informative video I’ve seen ever as far as real estate is concerned WOW❗️ Thach is a true legend❗️
You guys the best! Keep it up ❤
Everyone got rich who got into RE 10-20 years ago. Now a house is $550,000 or more.
WE DONT HAVE 5-20% collecting dust laying around to buy rentals. This doesnt really work anymore or at least its 10x harder now
$105,000 for a house ?! You need that for a down payment now and maybe you'll get lucky.
Houses cost $550k - $2million dollars.
I just purchased a $734,000 fourplex using my VA home loan in Arizona. 0%down
True, the golden years of real estate were like from 2008 to 2019, it was basically impossible to lose money, as long as you had enough cashdown. One of my friends who has been into it now wants to get rid of everything, too many problems to deal with tenants and unable to increase the rent.
@@johnnyb33good21 not everyone is a Vet
@@nicknico4121 tell your friend to give me the houses ill deal with everything just sign over the Deeds
@@TheGreatEscape77 That'll be 1.8M for each 8 unit building (paid 600k back then).
I love my city, Seattle. So much Real Estate Prime businesses. Jebadiah Garner is doing his thing, Quality Development LLC, so many others...
I follow him on every social media he's on love his energy !!
👊🏼👊🏼
49K month? So 1 unit is going to be just over 9k Month? NO WAY???
His figures are well explained throughout the video. If you want to learn more, please keep on watching! ☺️
We write you have Google chat or Telegramm, i want Estate house also
He said there is a total of 31 micro units
Thach is a GO GETTER! and an inspiration!
Thank you ☺️
How does he find architects and contractors? I find this part risky. Any help? Thanks.
He already has his partner contractor, but if you're starting out, it would be best to survey your area and check reviews and the actual products of these contractors you're prospecting. It's groundwork, but it will be worth it so you can find quality ones! Hope this helps! ☺️
Real estate investors losing money is music to my ears. They are a major reason why the real estate market is the way that it is now
sounds great! please I will appreciate your assistance on how to go about it, who's your broker and how good is your broker ..........
thank so much..........
@susannicky shut up and get your money up ya heard. government sets the rules, we all play by them. some are better than others. blame the source, not the symptoms
You will never hear music in your entire life ever again
The dilemma arises from the fact that either the tenant or the landlord is obligated to cover expenses such as insurance and property taxes to maintain a residence with essential utilities like electricity, gas, and water. Consequently, a significant portion of the population, particularly in California where I presently reside, is resorting to living in tents. They evade taxes, rent, mortgages, or insurance. It's astonishing the number of individuals I encounter who confess to residing in their vehicles. The situation out here is truly challenging.
good for those people! that's awesome. way better than paying rent to some shady boomer immigrant who had everything handed to them in life.
That micro unit complex without parking really screws up the single family houses around there, now they will have a massive parking problem, noise, crime, and lowered property value.
I was thinking the same thing… where are they parking.
@@TheRachag im sure the neighbors are pissed but they cant do anything about it. Those small units, thach has a few apartment buildings of it. Im sure the parking situation will affect a few blocks of single family homes. There will be a percentage of renters who will have a car for work to save time or get groceries without taking the bus. A car is very convenient, some renters will just walk a few blocks to get a open spot and take out someones parking spot.
That's a valid concern, w l. What solution can you think of?
@@UpFlip none. It just benefits the investor, and destroys the neighborhood. It helps keep housing cheaper for renters but it also makes crime go up due to more people per sq mile in seattle.
Affordable housing vs single family homes . World Population growth 🤔
Thach is my (un)official Mentor. Such an inspirational person. Keep going Thach!!! ❤
Thank you ❤
Very kool! keep up those good work Thach......Coming to America Loving it.
Thank you so much!
Can you make a video on junk removal? Trying to learn more using my truck
That's a great suggestion, Eddie! We'll keep that on our list. Thanks for watching! ☺️
I wish I could do more than like this video. I love it. The best!
Please feel free to check out our channel for more inspiration. We aim to lay out "blueprints" so many others would be successful too. Best of luck! 👊
Got it, it's so easy, anyone anywhere can do it. Social media work this guy is putting in is all just charity. Don't worry about your lack of capital, having missed out on the biggest housing market run of your life, stupid cheap loans or even being at the right place at the right time.
Just the video I was searching for ✅ thank you 🙏🏽 so much great insight and helpful information.
Thank you for watching! Are you in the real estate industry too? If so, we have a ton of other content just like this, so please feel free to check out our channel! ☺️
@@UpFlip yes I am and thank you 🙏🏽 i will
We write you have Google chat or Telegramm, i want Estate house also
Interview Ben Mallah :)
Great suggestion! We'll look into it!
I love your channel thank you so much for these gems! I'm so happy the algorithm sent you my way lmao
We appreciate you tuning in! Welcome to the UpFlip family! ☺️
I’m trying to learn how to read a market in the sense of making predictions on which areas are most likely to appreciate, and which housing units in that area are undervalued. Seems like finding a friend in real estate is the best way to learn more? How do you learn that side of things?
8:06 This man just said he charges $1250/ mo to 1350/mo to rent a 250 square-foot apartment to help people with lower income. No, sir, this is a money grab nothing wrong with it but when you try to act like it’s to help people it’s a little slimy
I have invested on presale, we will see I am also very confident this will be easiest 100x.
E
How does the interior and exterior plan cost? I would like to buy the plans.
That is great, so many golden nuggets in this video!
what a testimony..... what an experience.. Nice blueprint
Did you learn a lot from this video? What are your takeaways? ☺️
@@UpFlip none why its the experience that got you to form many blue prints ... my only thing to include is to put more talks out there to create blueprints to work with other blueprints.. key really connecting blueprints... thanks for sharing.. chi chi cheers lol
Great interview! Thank you!
he is an enthuastic and honest man, willing to share what makes him successful !
Thank you universe 🙏🏻 ❤
Great thinking. I learned the system back in 1990s in Tom Vu’s late night informercial and without paying to his $15K seminar.
That's great! Were you able to apply what you learned then?
Where are you now, with that knowledge?
@@superjeffstanton retired and living like how Tom Vu used to be :) without the girls, boat, or RR of course:)
@@UpFlip $15K in 1991 was a huge down payment to buy rental houses in Idaho, Wyoming, or Utah.
Amazing comments. If you are searching Web design and development services, just search in google "Ansarul_Trigger"
Unlike many other people, he is very honest. Thank you.
Honesty is a key ingredient for building trust and credibility 🙏
Great video - Thach (hope I spelt that correctly) you are a legend for being so open ❤
You spelled it right 🙏👊🏼
always praying to God guide me to the right path, end goal i do want to own couple properties specially apartment complexes 🙏📝 God bless ima get to my goal slowly build up profit everyday and credit help me get there 💯🔥🙌🏻
37:52 I don’t know what happened here but let’s not get eye contact off of the people we interview. Unless somebody off camera wanted to say something to both of you that was blatantly rude, having your eyes go elsewhere when he was excited to show you and us as the viewers what he’s doing with his children to get them into that mentality.
I will try to emulate Thach. Great journey.
Go for it! 👊
Thach, is there opportunity in Vegas to do the ADU builds on a large lot?
I gotta plan I gotta Dream. I wanna build a modern 2 family house from start to finish I will follow threw . Very Inspirational. Need Mentor
You can do it! Thank you for watching!
I love the micro apartments they are so cute. Life is better to be a minimalist.
So true! Are you a minimalist yourself? We appreciate you tuning in! Thank you! ☺️
We write you have Google chat or Telegramm, i want Estate house also
Thanks for sharing! You're so inspired. Cám ơn anh Thạch và gd anh giúp đỡ những người khó khăn tìm được nguồn thu nhập khá.
Glad to know you found inspiration in this video! Hope you watch our other content and find value in them too. Any business you want to see next? ☺️
We write you have Google chat or Telegramm, i want Estate house also
Amazing comments. If you are searching Web design and development services, just search in google "Ansarul_Trigger"
0:56 Poor guy was coming in for a bro hug and was denied. 😂
Lol! That is certainly not the intention. Thanks for watching! ☺️
What's the process like changing the zoning from residential to commercial? Do you go to the city planning office first?
Different states have different protocols. Best to consult locally!
Great success story Thach Nguyen!
Glad you love this video! Hope you also watch our other content and find value in them. Any business you want to see next? ☺️
Amazing comments. If you are searching Web design and development services, just search in google "Ansarul_Trigger"
Yooo… you gotta make content regarding Eyebrow Microblading business. It’s booming and people can make even 1M a year
Thank you for the topic suggestion, Fauras S! Curious to know if you are in the eyebrow microblading industry?
hey im 34 i just got involved in real estate my question is how do you find investors for the first time
I wish I could do this in NJ, but it's absolutely nuts over here. The cheapest house you can find these days is around $300k and that's for a small single family house in Central Jersey. Northern Jersey is even crazier. That means that I would need at least $20k+ to buy my first property. It's really sad, how the hell are just regular people suppose to buy their first house with inflation and interest rates the way it is. Moving forward the only people that can do any of this are the ones that are already wealthy. I wish I started doing this 10 years ago.
Get tf outta Jersey. Come to the rust belt. We have so many abandoned towns and favorites waiting to be gentrified, most near major hospital campuses where doctors frequent. In the middle of the hood in Ohio adjacent to hospital campuses, they're commanding rents around 2600 for a 2 bed 1 bath. I'ma give you a freebie too. Buy closer to the police station. The tragedy of gated communities is that the same house outside the gate isn't really a comp. But when there's no separation, people feel like it's cohesive.
Just to elaborate in the example above. The houses adjacent to the hospital campus are so nice they feel like part of the campus and not the surrounding hood
A 5 townhouse building will bring in about $49,000 a month? Those rents are $9,800 a month? Am I hearing this correctly?
Hello !!! Thanks for joining❤️
this dude is a straight up con artist. don't listen to anything he says.
thanks for sharing all this amazing knowledge Thach!
Did you learn a lot from this video? What are your takeaways? ☺️
Where is Paul? I thought it was his channel
Paul will be back soon ;)
You are very good: Thach Nguyen
here in greece if you go above 35.000$ per year (rent income) then you get taxed for 45%.
yoo mann!! so informative❤🔥
Glad you think so! What would you like to see more of?
numbers done make since he said at the begining that the rent for those 5 town homes was 49k a month but then half way through he said they rent for 3500 a month and his morgage is 2500 per town home.
Real estate has limitless possibilities!
Great interview thank you so much
Glad you love this video! Any business you want to see next? ☺️
Best interview so far, upflip came along way 🎉
Appreciate the support ;)
🙏🔥
I got huge respect for Thach!! What a amazing success story. !!!
Wow! Thank you so much for the support!
I find these q&a sections are quite repetitive. I enjoy the content, but wish the questions were better moderated.
That’s why we vietnamese is the best in the while world in everything we do. Very very proud of Vietnamese !!!!
Is it every sunny in Seattle?
😂😂☀️☀️☀️
3300$/day for a 100M$ home gives a payoff period of 81 years, and that's before taxes, interest, and maintenance...
New York City is a very restrictive area. Can you do this in New York City as well?
Heyy ping me! Am website developer!
I will do in New York city as well
Billionaires do it year round
The same thing happen to N.Y , S.F,,,,,
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.
Amazing comments. If you are searching Web design and development services, just search in google "Ansarul_Trigger"
This men is an inspiration: real estate is great and awsome. College is nothing now a days. Better to own and start a business. Seattle is very expensive place to buy. His profit margins are amazing.
Agreed. It's better to be wise, especially in the current state of the economy. Thanks for watching! ☺️
Thank you for answering my question a lot))!
Glad to have helped @yraponyatkin9479 !
I just know that anyone who runs 100 million real estate does not need to charge $5000+ for a seminar “teaching” people how to get rich.
No, he doesn't just teach people how to get rich. Instead, he teaches these people life skills. Similar to when you're attending a university but already niched down to exactly what skills you need to operate. Hope that makes sense.
100 million real estate, the real annual income is 10%, which is 10 million US dollars, and the cost is 100 million real estate, but through teaching, each person earns 5,000 US dollars, and 1,600 people earn 800 US dollars. The cost is almost negligible, and the cash flow can be doubled. This is the most cost-effective business.
Great video!