Reason #7. FLEXING. Putting your big $PP on the tail. Sometimes it works for the better. People take you more seriously. Reason #8. Renting it as air Taxi. Reason #9. Making money by flying with paying passengers who want to meet you. Reason #10. Flying billboard. Change the paint scheme in company colors and logos. Blue, lime green, and purple. Reason #11. Taking the whole company on a cheap quick vacation as a perk, to a sunny destination. Go by Friday, be back by Sunday night. Reason #12. The big one: Avoid airports, TSA, delays, crowds, Etc. Take direct flights, avoid layovers, maybe even stay in the plane overnight. Has restroom, mini-fridge, etc. Reason #13. Make UA-cam videos while in flight. More flexing. Reason #14. MOTIVATION. Now you're FORCED to work hard to keep your new toy. Now House Hack MUST succeed at any cost or else.
@@ljviks22you got a point there. A real good point. I don’t know about the “selling seats” part when a easy way to avoid that is the person really isn’t buying a seat, but buying time with him wherever he is going. So the seat isn’t being sold, it’s the mentoring and time that is. Flight just happens to be what he is doing that day. Either way, even though I still think the jet purchase is a bad idea, Meet Kevin clearly laid out his points, and with these ADDITIONAL points in the comment above, he most likely will come out on top. Even if we have a 2008 style recession (which is becoming more and more likely), he still might win in the end with the purchase, cause now he can real make deals for HouseHack if housing prices plummet.
Top 6 reasons: 1. Make lots of UA-cam content from it 2. Because you got some awful advice 3. Charge people $2900 per seat during a recession 4. Charge people $4900 per seat during a recession 5. Charge people $6900 per seat during a recession 6. Make a final video with a shocked face titled “how much money i LOST with my PP”
I like your content a lot. But I do question if working with single family houses is a business which actually does good for the society. I would vote for banning companies to play with single family houses overall. There are apartment buildings and commercial buildings to play with. Hotels. Flipping houses shouldn't be a game of huge corporations and buying and renting them out only limits people's options for housing
My concern is that PP was created bc you were underwater with your Tesla shares and those shares were your contribution to the ETF. Now you can displace some of those potential loses in an indirect way? 🤔
This is financial suicide in the making. This purchase is going to bankrupt Kevin. How the hell is he going to afford the interest loan, maintenance cost, and the $5000 per hour x 400 hours of flight time he said he estimates. He's looking at like 2.5 million dollars in annual expenses.
Reason number 1: Kevin really wanted a jet! All the rest is rationalizing. But it has got Kevin's creative juices going so good chance at the end of the day he'll make it work :-) I guess having a plane would be pretty handy for running for governor again too. And that wouldn't be so bad either. So I hope it works out as well as Kevin figures. So enjoy it Kevin! I just wonder if you've given some thought to the environmental toll, and how that can be mitigated.
How long until he goes bankrupt is the real question. primary investment is Tesla which is plummeting further down every day, yet hes buying a 13 million dollar jet. channel losing subscribers and ad revenue plummeting. 2023 is the year he runs out of money
Believe in yourself, Kevin. Hell, I believe in you and I don't even know you! Your energy and motivation are contagious. I'm at a comfortable point in my life, but you demonstrate the value of hard work, motivate me to look for oportunities everywhere, and inspire me to shoot for the moon. Your trajectory is clear and all boards are green.
The #1 issue you have when it comes to investing other people’s $$$ is you are not focused.. you have to many spinning plates at the same time. Only retail will fall for this
My husband and I both travel often for work, and being at home every night might not be appreciated by people who have never traveled to make something spin. It’s also extremely expensive and bad for your health bc you eat like crap. I can name 100 steps of the day that you lose time. Basically, Kevin is buying his time back, and saving on hotels and expenses. Most importantly, he is home with his children. Bravo for that, Kevin!
I get why he is getting the hate, but instead of shrinking, he is explaining. For those who want to get into his head, win or lose, he explains why he is doing it. Might not agree buying this when clearly a recession is about to hit (personally I would have waited a few months), but the saving time thing IS SUPER IMPORTANT. He runs 3 business, including a educational component for 2 of them, so this might be a very smart move.
I’m convinced that you are trying to convince yourself that this is a good investment. But I also think you personally are super smart and can accomplish anything you put your mind too. Good luck. join the mile high club!
My guess on the reason you bought the jet was so that you could make hundreds of videos talking about it. I feel like that goal is off to a good start. ;)
Kevin question???? Why not put a studio on the plane to do some morning filming on the plane. Two birds one stone? Or is internet not stable enough for filming?
Plenty of benefits to having a jet. I have known multiple local business owners here in Ventura, Oxnard, and Camarillo that purchased jets for their businesses. Does it make sense? It depends on the business I guess. I was talking to a coworker, that happens to live next door to Kevin, about the jet. Mentioned while it would be fun to spend time flying across the country to look at deals and watch Kevin do his thing, It only makes sense if I was looking to get into purchasing homes. Hey Kevin, If you ever want to take a quick flight up to Santa Barbara or down to San Diego and have lunch, I am all in. Providing its the standard $100 hamburger that most of my friends in the General Aviation community talk about.
@@MeetKevin Yes it is a small world. Just want you to know that you have subscribers here in the Ventura County area that follow you and think it is cool that you have been able to accomplish all that you have done in such a short time. Keep up the good work and enjoy that young family of yours. Also, have fun with the jet.
I think your right about the media business being the biggest risk. It is unclear as to how bad the UA-cam advertising and course sales will be impacted by a medium to bad recession
How would that be a scalable business if the ceo has to fly to every town to check personally on any potential investment? Sounds like wishful thinking to me.
3:00 Wow, that sounds so wrong. You've got tax writeoffs for buying/owning the plane. Of course this needs to be factored in when selling the plane again. So you're getting 2 Mil profit + Tax writeoffs = break even. That is actually a good thing because otherwise rich people would have another tax hole to avoid taxes
Look: 👀 People gotta stop default following everything someone else does and when they personally fail, blame the person they was following. Kevin is way ahead of me business and finance wise, but that don’t mean I agree with everything he does. I could be right or wrong. If I follow exactly what he does and fail, I’m not gonna hit the comment section and drag him out, I’m gonna take personal responsibility for not researching the move. Take responsibility for your own actions. I’ve been watching Kevin for over 4 years (you can see it on my openly available playlists), and as far as I’m concerned he is the real deal. And it’s the reason why, after 3 years of watching him and checking on what he says, I bought the courses… and plan on buying a couple more (as expensive as it is 😩😂 )
Why don't you just have someone else fly there. Then when they get there, have them set up virtual call with you so you can direct them to show you what you need to see?
@@MeetKevin Well, I do find it hard for myself to trust someone to get stuff done like I want it done. But it seems inefficient for you fly a private jet to every prospect.
Even if you did purchase it for the hell of it- so what! You work harder than anyone I know and have constantly and consistently given valuable advice to the public - for years! You of all people deserve whatever you choose to have- don’t let anyone ever make you feel bad for that 🤘
Might not agree buying this, when clearly a recession is about to hit (personally I would have waited a few months), but the saving time thing IS SUPER IMPORTANT. He runs 3 business, including a educational component for 2 of them, so this might be a very smart move. The tax reason alone shows he put some thought into this. The second reason does it for men (even though I think I still would have waited).
I’m curious why you make it a point to say your “media” business vs social media or UA-cam would be more accurate no? I’m speculating here, but maybe bc you are an older soul or it identifies better for your wealthier investors (older folks).
I am extremely proud of you Kevin and don't allow those haters to command your attention. They're just trying to ride off of your success and gain extra subscribers through drama, stay positive and keep moving forward!
In the intro where "kevin" talks about Kevin in the 3rd person, it makes me think Kevin has a twin brother. Thats why the plexiglass-marker set has a "kevin" that looks just a little off. What's Kevin's twin brother's name?
Congrats on the jet, that's amazing. I might have missed this in your video, but as a potential House Hack investor, I'm assuming you'll be billing House Hack for the jet's operating costs on flights to see potential acquisitions? My concern is that it turns into a situation similar to pastors of mega-churches flying privately on the congregation's dime, in the name of spreading the good word.
How can he write off this as business related expense if he is using it media business? That would be fraud according to IRS. In order to do tax write off it has to be business related. He stated in video he is using jet to do real estate deals, which implies he is using House Hack money. Either way, he's committing tax fraud or siphoning 2.5 million+ dollars per year from House Hack (400 hours x $5000 per flight, 6.25% interest on 9 million loan, maintenance, and repair costs). Do your due diligence, but realize if you are House Hack investor, this cost is equating to at least -2.5 million in annual free cash flow. He's gonna have to generate hundreds millions of revenue just to break neutral.
You made it, enjoy it. Let haters hate, can't control them, can't make them happy. They're jealous for being unable to do the same, one way or another.
Great point you made on purchasing things to motivate you, we do the same with our business. We buy some things that are probably a bit out of our league but we love the pressure! Good luck Kev!
![MAJOR *New* Day 1 Plans JUST Out: Donald Trump [PREPARE]](http://i.ytimg.com/vi/S7S6Ms3xo68/mqdefault.jpg)
Reason #7. FLEXING. Putting your big $PP on the tail. Sometimes it works for the better. People take you more seriously.
Reason #8. Renting it as air Taxi.
Reason #9. Making money by flying with paying passengers who want to meet you.
Reason #10. Flying billboard. Change the paint scheme in company colors and logos. Blue, lime green, and purple.
Reason #11. Taking the whole company on a cheap quick vacation as a perk, to a sunny destination. Go by Friday, be back by Sunday night.
Reason #12. The big one: Avoid airports, TSA, delays, crowds, Etc. Take direct flights, avoid layovers, maybe even stay in the plane overnight. Has restroom, mini-fridge, etc.
Reason #13. Make UA-cam videos while in flight. More flexing.
Reason #14. MOTIVATION. Now you're FORCED to work hard to keep your new toy. Now House Hack MUST succeed at any cost or else.
Good add
@@ljviks22you got a point there. A real good point. I don’t know about the “selling seats” part when a easy way to avoid that is the person really isn’t buying a seat, but buying time with him wherever he is going. So the seat isn’t being sold, it’s the mentoring and time that is. Flight just happens to be what he is doing that day.
Either way, even though I still think the jet purchase is a bad idea, Meet Kevin clearly laid out his points, and with these ADDITIONAL points in the comment above, he most likely will come out on top. Even if we have a 2008 style recession (which is becoming more and more likely), he still might win in the end with the purchase, cause now he can real make deals for HouseHack if housing prices plummet.
Reason #12 alone is the most important! Time is money!
"Because it's a status symbol that is a visual representation of success that I crave so much"
Top 6 reasons:
1. Make lots of UA-cam content from it
2. Because you got some awful advice
3. Charge people $2900 per seat during a recession
4. Charge people $4900 per seat during a recession
5. Charge people $6900 per seat during a recession
6. Make a final video with a shocked face titled “how much money i LOST with my PP”
Reason Kevin Bought Plane:
1. You
2. Made
3. Kevin
4. Rich
.
.
.
.
5. F
6. You
I like your content a lot. But I do question if working with single family houses is a business which actually does good for the society. I would vote for banning companies to play with single family houses overall. There are apartment buildings and commercial buildings to play with. Hotels. Flipping houses shouldn't be a game of huge corporations and buying and renting them out only limits people's options for housing
So people who want to rent shouldn't be able to rent single family homes?
My concern is that PP was created bc you were underwater with your Tesla shares and those shares were your contribution to the ETF. Now you can displace some of those potential loses in an indirect way? 🤔
This is financial suicide in the making. This purchase is going to bankrupt Kevin. How the hell is he going to afford the interest loan, maintenance cost, and the $5000 per hour x 400 hours of flight time he said he estimates. He's looking at like 2.5 million dollars in annual expenses.
You’re almost a honest person
🥸
Lol, he is nearly there!😂
Use “an”
Reason number 1: Kevin really wanted a jet!
All the rest is rationalizing. But it has got Kevin's creative juices going so good chance at the end of the day he'll make it work :-)
I guess having a plane would be pretty handy for running for governor again too. And that wouldn't be so bad either. So I hope it works out as well as Kevin figures. So enjoy it Kevin! I just wonder if you've given some thought to the environmental toll, and how that can be mitigated.
How long until he goes bankrupt is the real question. primary investment is Tesla which is plummeting further down every day, yet hes buying a 13 million dollar jet. channel losing subscribers and ad revenue plummeting. 2023 is the year he runs out of money
Believe in yourself, Kevin. Hell, I believe in you and I don't even know you! Your energy and motivation are contagious. I'm at a comfortable point in my life, but you demonstrate the value of hard work, motivate me to look for oportunities everywhere, and inspire me to shoot for the moon. Your trajectory is clear and all boards are green.
The #1 issue you have when it comes to investing other people’s $$$ is you are not focused.. you have to many spinning plates at the same time. Only retail will fall for this
I miss old Kevin
how different?
Less drunk delusional decisions…
He too skinny now? lol
I just dont understand the meaning in all this.
Reason number 7 can drink while flying
Reason number 8 divorce
My husband and I both travel often for work, and being at home every night might not be appreciated by people who have never traveled to make something spin. It’s also extremely expensive and bad for your health bc you eat like crap. I can name 100 steps of the day that you lose time. Basically, Kevin is buying his time back, and saving on hotels and expenses. Most importantly, he is home with his children. Bravo for that, Kevin!
I get why he is getting the hate, but instead of shrinking, he is explaining. For those who want to get into his head, win or lose, he explains why he is doing it.
Might not agree buying this when clearly a recession is about to hit (personally I would have waited a few months), but the saving time thing IS SUPER IMPORTANT. He runs 3 business, including a educational component for 2 of them, so this might be a very smart move.
I’m convinced that you are trying to convince yourself that this is a good investment. But I also think you personally are super smart and can accomplish anything you put your mind too. Good luck. join the mile high club!
Never owned tesla and never will
My guess on the reason you bought the jet was so that you could make hundreds of videos talking about it. I feel like that goal is off to a good start. ;)
6:55 number one reason I've been ubering, I know most of Los Angeles and orange county because of this reason, it also helps my political career
Kevin question???? Why not put a studio on the plane to do some morning filming on the plane. Two birds one stone? Or is internet not stable enough for filming?
Kevin u gotta be careful of burn out. Your explanation gave me burn out vibes within 2 years. U need employees dude
Plenty of benefits to having a jet. I have known multiple local business owners here in Ventura, Oxnard, and Camarillo that purchased jets for their businesses. Does it make sense? It depends on the business I guess. I was talking to a coworker, that happens to live next door to Kevin, about the jet. Mentioned while it would be fun to spend time flying across the country to look at deals and watch Kevin do his thing, It only makes sense if I was looking to get into purchasing homes. Hey Kevin, If you ever want to take a quick flight up to Santa Barbara or down to San Diego and have lunch, I am all in. Providing its the standard $100 hamburger that most of my friends in the General Aviation community talk about.
small world!
@@MeetKevin Yes it is a small world. Just want you to know that you have subscribers here in the Ventura County area that follow you and think it is cool that you have been able to accomplish all that you have done in such a short time. Keep up the good work and enjoy that young family of yours. Also, have fun with the jet.
I think your right about the media business being the biggest risk. It is unclear as to how bad the UA-cam advertising and course sales will be impacted by a medium to bad recession
You could prob pay the plane off with the cash you’re down just in $tsla😩😭
How would that be a scalable business if the ceo has to fly to every town to check personally on any potential investment? Sounds like wishful thinking to me.
I miss the stimulus check update Kevin!
Stimulus check? Plz tell me you’re not waiting for another stimmy check...
High five to Lauren for being the best wife ever! I bet she even has dinner ready when you get home from the airport 💜
but which one is the REAL reason you bought a PP?
Henry Ford said that stopping advertising to save money is the same as stopping your watch to save time
3:00 Wow, that sounds so wrong.
You've got tax writeoffs for buying/owning the plane. Of course this needs to be factored in when selling the plane again.
So you're getting 2 Mil profit + Tax writeoffs = break even.
That is actually a good thing because otherwise rich people would have another tax hole to avoid taxes
When you invest with House Hack you are betting on Kevin doing what he says. As a side note don’t forget Kevin was being called the new Cramer
who has an absolute horrid reputation marked by complete failure lol
@@allegorx58 Right 🤣
@@allegorx58 well the good news is, can he do much worse than complete failure? probably not. He will just inverse Cramer for some BIG WINS
I’m just curious, how can a jet be ready for a flight in 15 minutes?
You drive right up to it
Pilots on stand by, they hop into jet and pull it out of the hangar, you roll up to it and take off
15 min is a stretch but yeah you call it in and go to the airport
@@MeetKevin Thanks for the insight. I was being serious. There has to be preparations before a flight. Plus you have to secure pilots, right?
who are the pilots?
Look: 👀
People gotta stop default following everything someone else does and when they personally fail, blame the person they was following. Kevin is way ahead of me business and finance wise, but that don’t mean I agree with everything he does. I could be right or wrong. If I follow exactly what he does and fail, I’m not gonna hit the comment section and drag him out, I’m gonna take personal responsibility for not researching the move.
Take responsibility for your own actions. I’ve been watching Kevin for over 4 years (you can see it on my openly available playlists), and as far as I’m concerned he is the real deal. And it’s the reason why, after 3 years of watching him and checking on what he says, I bought the courses… and plan on buying a couple more (as expensive as it is 😩😂 )
STOP OBSESSING OVER HATERS
😖😖😖😖😖😖😖
Pulled a Grant Cardón and bought a plane as a business expense. 👌🏽
Why don't you just have someone else fly there. Then when they get there, have them set up virtual call with you so you can direct them to show you what you need to see?
Real Estate is done in person
@@MeetKevin Well, I do find it hard for myself to trust someone to get stuff done like I want it done. But it seems inefficient for you fly a private jet to every prospect.
Your schedule sounds fail proof unless you have to eat, take a dump, bad weather, care to spend time with the family etc etc
Kevin we not cancelling you Eva 😂
Even if you did purchase it for the hell of it- so what! You work harder than anyone I know and have constantly and consistently given valuable advice to the public - for years! You of all people deserve whatever you choose to have- don’t let anyone ever make you feel bad for that 🤘
House hack billion all the way 🚀🚀🚀🚀
Might not agree buying this, when clearly a recession is about to hit (personally I would have waited a few months), but the saving time thing IS SUPER IMPORTANT. He runs 3 business, including a educational component for 2 of them, so this might be a very smart move. The tax reason alone shows he put some thought into this. The second reason does it for men (even though I think I still would have waited).
Hahaha Kevin buys TSLA to burn his money and I buy candles. 🔥 We are the same. 😆🤣
🥰🥰🥰
I’m curious why you make it a point to say your “media” business vs social media or UA-cam would be more accurate no? I’m speculating here, but maybe bc you are an older soul or it identifies better for your wealthier investors (older folks).
Please make sure you can drive it if you had to
We all know you bought a plane so you can see Ben mallah more often
Because you can...
Bro how many videos you gonna make just about your jet?
You deserve it Kevin. Enjoy, and best wishes
Great info. Thank you
I find that I’m watching more of your videos now that you dropped the mention of obnoxious third party ads every couple of minutes.
I bought a new truck for many of the same reasons.
Your just on a much bigger scale
_alternative option_
You relocate your media business *INTO THE JET!*
*BOOM*
if you make 10 mil a year you buy a 3 mil plane and haters hate
you make 100k a year you buy a 30k car… and haters hate!
Way to go boss congratulations 🎉
So you don’t have to pay taxes. Simple. Profits equal taxation.
We know kev…
Oh, that's good value...😉👍
#BuyPP #InvestingInMe #GoGoKevin
If your plane has a studio and starlink, you would always have a studio with you.
I like it!!! Thanks for the information.
I am extremely proud of you Kevin and don't allow those haters to command your attention. They're just trying to ride off of your success and gain extra subscribers through drama, stay positive and keep moving forward!
Lying is so common people distrust blatant honesty, due to it being so unfamiliar. Cheers to you Kevin 🍻
In the intro where "kevin" talks about Kevin in the 3rd person, it makes me think Kevin has a twin brother. Thats why the plexiglass-marker set has a "kevin" that looks just a little off. What's Kevin's twin brother's name?
Kevin, be a bro and prove to us you are holding Tesla. We want to believe in you.
Hey look, a Nerd!
Sign up and he’ll show ya
@@IamTonyStark1 you’re not tony stark.
He said that we were in a recession, while the roaring twenty’s continued on. 6/1/24
All great reasons…
Gonna buy 2 seats so I can bring my 15 year old daughter too
“Dumping into Tesla and setting on fire 🔥 “ 😂😂😂
Tell the truth …. You’re going to start a side gig, as an Air Uber driver….. they’ll help defer some of those outrageous costs youre incurring
You forgot the best reason “Mile High Club”
Excited to follow along on the journey 🙌🏻 ✈️
Blackstone not blackrock
Better for this to depreciate then paying fed tax
Hello My name is Kevin I have a Jet. But you know what I like better then flying all boozed up… Knowledge!!!!😂
Your financials have to be tight af to be financed for a jet
Just don't end up on Coffeezilla 🙏
I don't need an explanation, should I ever get to this level I'll go back and watch this. You got this bro, rock on 🇺🇲
Can you rent your jet to other people??
Maybe earn some money when you are not using it?
You cudda just wrote off the 5m with your tesla loss than buy a private jet buddy.
Review Jeremy’s video on TSLA
Kevin you’re a genius and that’s why I and a lot of others keep watching u we trust your decision making and intuition u got this man
Kevin are you intending to offset your inevitable massive jump in carbon emissions in any way?
When you coming to CT?! Happy to show you around 🏡
Isn’t it a 10,000,000 loan ??
Sounds good✅
Plane maintenance is not cheap. And the pilot you have to pay is not going to be cheap too. I guess you are making a lot of dough
So this is the 5th vid congratulations u should make 1 mil $ this month
Didn’t know jets can tax write off
Will u have starlink on the plain?
Milk that plane as much as possible! It will be free in the end!
Congrats on the jet, that's amazing. I might have missed this in your video, but as a potential House Hack investor, I'm assuming you'll be billing House Hack for the jet's operating costs on flights to see potential acquisitions? My concern is that it turns into a situation similar to pastors of mega-churches flying privately on the congregation's dime, in the name of spreading the good word.
How can he write off this as business related expense if he is using it media business? That would be fraud according to IRS. In order to do tax write off it has to be business related. He stated in video he is using jet to do real estate deals, which implies he is using House Hack money. Either way, he's committing tax fraud or siphoning 2.5 million+ dollars per year from House Hack (400 hours x $5000 per flight, 6.25% interest on 9 million loan, maintenance, and repair costs). Do your due diligence, but realize if you are House Hack investor, this cost is equating to at least -2.5 million in annual free cash flow. He's gonna have to generate hundreds millions of revenue just to break neutral.
Jet makes PP a mile high
You made it, enjoy it. Let haters hate, can't control them, can't make them happy. They're jealous for being unable to do the same, one way or another.
i love how Kevin rubs his followers' money in their faces, and they cheer for it and give him more... this is a sickness
Admit in your videos your doing this so you can be a Top G! ✈️ 🛩 🛬
My videos are cooler compared to....ahhh...I couldn't even finish that statement. Keep it up, man!
Keep it up kevin! I will keep watching you until the very end as you take this journey for the next few decades haha
Great point you made on purchasing things to motivate you, we do the same with our business. We buy some things that are probably a bit out of our league but we love the pressure! Good luck Kev!
To join the mile high club ?
ignore the hate kev, i believe your honesty and transparency. it’s quite clear you do the best you can