As long as real estate is seen as an "investment" the housing situation will never be solved. It's another cog in the wheel of making money. The only hope you have is to save and wait for the bubble to burst again and then vote to have wherever you bought the house to be rezoned for multifamily, only then can we solve the housing problem
Good investment plan is what we need and many ignore it. think about it, we do not know how bad this recession will be , what happens when a lot of first home buyers, especially in tech industries, lose their jobs? How long before they cannot afford their mortgage payment? what happens if some jobs don't come back or cannot come back? How many home owners are just getting by month to month
Exactly . I was able to accrue $30,000 in raw profit with the help of my investment pundit *Teresa Jensen White* . The truth is , there is ALWAYS a way to make money in this market! While the market has not been set to easy mode recently, there are still NFT to flip, solid coins to a stake, IDOs to ape into, trades to make, and yields to farm. Never stop hustling for those gains!
What does the buying process look like when you don't use an agent? I've bought 3 but never off market. Do you have a standard offer document you use? Do you still need to go through a title company? I'd love to know more about how you can actually offer to close quickly when you are not buying with cash.
So much information, wow. Thank you. I'm in the looking process, but It's worth a shot. If they say no you've lost nothing. A little time, but it's towards your passion. I enjoy the information.
If you get to a conversation with a seller at what point do you ask for a showing of the property? And if you don't have all the cash for the deal will comventional financing funds direct ro seller deals? Thank you for walking through this process with me. P.S. Fantastic STR event in Newport. Good fun and learned lots.
Buyers rarely have to pay an agent. At most it’s a $300-$400 fee the broker charges. If you don’t know how to do contracts or understand the process you can be put in a really bad situation. I’m not saying it can’t be done without an agent. I’m just saying it’s risky.
great, now i'm going to get a bunch more stupid cards and letters asking if I want to sell my profitable rentals for cheap, and a bunch more texts and spam calls. I especially throw away the hand written cards and letters, I get about 5 or 6 every day.
Lol especially the hand written ones, over the post cards?? 🤣 Like, I'm super mad this was sent from a real human who spent more time hand writing me a letter, vs the mass produced postcards sent from a printing mill that takes literally no effort?
You can start by adding your number to the National Do Not Call Registry. It hasn’t eliminated the calls I receive but it had helped reduce them I think. Plus i get pleasure out of telling them that I’m going to report them and they could be fined $43k for calling me. My cell phone also suggests when calls might be spam and it catches 95% of the solicitation calls. For those I reply with an auto message that my property isn’t for sale and they they’ll be reported if they call me again. That seems to have helped some too.
I get multiple cold calls per day asking if I want to sell my property and it’s horrible. I’m wondering if you’re cross referencing the National Do Not Call Registry before making these calls or if Prop Stream filters those out? I’m on the list but real estate investors don’t seem to care. The penalty is $43k per call.
😱$43k/call penalty?!? Wow that is crazy high. It sounds like they send letter/mail, not cold call. I agree, It does feel like real estate investors don’t care about the no call lists.
zillow and redfin are not very accurate. Nothing compared to the MLS or Propstream. Finding off market deals can also be expensive if you don't know someone. Such as running google ads and such. The risk is definitely worth it if you actually know what you are doing.
Everyone is a real estate genius in an appreciating market.
BudgetGirl sent me to your channel. Love the content.
As long as real estate is seen as an "investment" the housing situation will never be solved. It's another cog in the wheel of making money. The only hope you have is to save and wait for the bubble to burst again and then vote to have wherever you bought the house to be rezoned for multifamily, only then can we solve the housing problem
Good investment plan is what we need and many ignore it. think about it, we do not know how bad this recession will be , what happens when a lot of first home buyers, especially in tech industries, lose their jobs? How long before they cannot afford their mortgage payment? what happens if some jobs don't come back or cannot come back? How many home owners are just getting by month to month
Exactly . I was able to accrue $30,000 in raw profit with the help of my investment pundit *Teresa Jensen White* . The truth is , there is ALWAYS a way to make money in this market! While the market has not been set to easy mode recently, there are still NFT to flip, solid coins to a stake, IDOs to ape into, trades to make, and yields to farm. Never stop hustling for those gains!
I can’t drop her info here, UA-cam is a public place . Just do a web lookup using her full name and connect to her official webpage .
I love this new acquisition focused content! :D
What does the buying process look like when you don't use an agent? I've bought 3 but never off market. Do you have a standard offer document you use? Do you still need to go through a title company? I'd love to know more about how you can actually offer to close quickly when you are not buying with cash.
Exactly
So much information, wow. Thank you. I'm in the looking process, but It's worth a shot. If they say no you've lost nothing. A little time, but it's towards your passion. I enjoy the information.
Tony & Sarah are great
How are you getting the capital to keep purchasing the homes? I have equity but not a full time job so not sure how to pull that equity.
Great content, love you guys
Thanks for the videos guys! I have a quick question before I I can even start doing this I need money right ?
Yea..exactly
I love it when someone texts or calls me telling me they want to buy my house. I always respond what’s your offer. They NEVER know how to respond.😝
Kids..lol
Of those two properties you guys closed on, how many were not all cash offers?
If you get to a conversation with a seller at what point do you ask for a showing of the property? And if you don't have all the cash for the deal will comventional financing funds direct ro seller deals? Thank you for walking through this process with me. P.S. Fantastic STR event in Newport. Good fun and learned lots.
What about financing and the process of closing? Do you get an attorney to write the contract?
It’s a good video but it would be better if you get to the point quickly
I want to give multiple likes for you guys. UA-cam is unreasonable only offering one like per channel.
Where can I get a coupon code for your Summit in September?
Buyers rarely have to pay an agent. At most it’s a $300-$400 fee the broker charges. If you don’t know how to do contracts or understand the process you can be put in a really bad situation. I’m not saying it can’t be done without an agent. I’m just saying it’s risky.
This strategy only works when sellers are desperate which is not the case right now.
They likely will be soon. 😳
@@fulltimefather-parttimehero depends on the location
@@lpa4058 very true!
great, now i'm going to get a bunch more stupid cards and letters asking if I want to sell my profitable rentals for cheap, and a bunch more texts and spam calls. I especially throw away the hand written cards and letters, I get about 5 or 6 every day.
Love this as it’s 💯 on point.
Lol especially the hand written ones, over the post cards?? 🤣
Like, I'm super mad this was sent from a real human who spent more time hand writing me a letter, vs the mass produced postcards sent from a printing mill that takes literally no effort?
I get the same. Text messages and calls by virtual assistants are becoming increasingly frustrating.
Now I know where they’re getting my info. So freaking annoying getting 5-10 calls a day to buy my houses. Need to figure out how to retract my info 😩
You can start by adding your number to the National Do Not Call Registry. It hasn’t eliminated the calls I receive but it had helped reduce them I think. Plus i get pleasure out of telling them that I’m going to report them and they could be fined $43k for calling me. My cell phone also suggests when calls might be spam and it catches 95% of the solicitation calls. For those I reply with an auto message that my property isn’t for sale and they they’ll be reported if they call me again. That seems to have helped some too.
Your mortage company, HOA & county tax recorder
Just say, put me on your do not call list
So you paid 330,000 out of your own accounts for it?
5:45 WTF just happened lol
IKR???🤕
He seems to give zero F's?
Don’t you mean cents on the dollar?
They both look good. 🙈
I get multiple cold calls per day asking if I want to sell my property and it’s horrible. I’m wondering if you’re cross referencing the National Do Not Call Registry before making these calls or if Prop Stream filters those out? I’m on the list but real estate investors don’t seem to care. The penalty is $43k per call.
😱$43k/call penalty?!? Wow that is crazy high. It sounds like they send letter/mail, not cold call. I agree, It does feel like real estate investors don’t care about the no call lists.
I pray Toney answers this question or his wife is this the reason why you guys scale so quickly because of this
Tonie*
Let those bubble gut monster farts rip and the subscribers will come
Not entirely convinced that wasn’t an editing mistake 😝
what was the lady doing when she was hummmm...
zillow and redfin are not very accurate. Nothing compared to the MLS or Propstream. Finding off market deals can also be expensive if you don't know someone. Such as running google ads and such. The risk is definitely worth it if you actually know what you are doing.