Step By Step How To START Real Estate Investing (House Hacking)
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- Опубліковано 12 вер 2024
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FINANCIAL DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
Let's see if we can get this to 1k likes!
Gabe Bult hi. I’m not sure where you are from, but will house hacking work in a higher priced area like The Boston commonwealth, or should I look elsewhere to start investing? Thank you for your time
Logan McGill I’m in the same area but I don’t think house hacking makes sense in an area like this. You’d need a higher down payment but you could drastically reduce your mortgage payment but probably will not eliminate it in this market.
@@kamilsultan1637 thats what I was thinking. I figure it would probably be better to go to college in a different area such as Amherst where the prices are cheaper and there are plenty of college kids to rent to. Do you have any experience in this area?
You applied Robert Kiyosaki 👏👏👏👍, why you want me to chat?
Awesome video Gabe! 👍 Saving this one for sure. You’re like the super chill, laidback House Hacker everyone needs to know. 💯 It’s really kind of you to offer your subscribers personalized advice with their House Hacking. That’s really generous of you. 😌🙌 I’ll being praying 🙏 you don’t get any weirdos taking you up on your offer-because you’re way better than most of us deserve. 😁🙌
Great info! House hacking is a great real estate investment strategy when owning multi-family rental properties. Keep the videos coming!!!
👏
*Nice work Gabe! 👍 I own a few rentals but wasn't aware of house hacking until the last year or so.*
I live in the Manchester area and am looking to house hack there!! Have been watching your house hacking videos for a little bit now and did not know you were located in NH. That's awesome!
Feel free to reach out ok Instagram I'd be happy to help you out !
203k loans used to be very restrictive on the renovations. i looked into it once and decided it wasnt worth the trouble.
Great video Gabe. I am looking for houses to hack right now but have not found any yet. Loving the beard for winter.
The production on this...100!
Hi Gabe! This is a great video, I’ve been watching tons of yours lately and it’s gotten me re-excited about the FIRE movement. I have a question! Right now I’m struggling knowing how to approach saving for my first property. My partner would be able to get a VA loan. I’m wondering how much to save in cash, but mostly should I lower my retirement contributions to my 401k to save more cash?? I’m currently investing 20% of my paycheck (making 80-100k range in Boston area) in my 401k and maxing out my Roth. I have an emergency fund built up and now am building up that down payment. I’m not sure if it would be worth lowering my 401k percentage to have more cash on hand, since this would also increase my taxable income. Trying to by a duplex or triplex in either the Portland or outside of Denver area in the next 2-4 years
Ps: I really appreciate and love your videos. They are not only educational but entertaining to watch! The photography skills go a long way :)
I can tell just from the title I'm gonna like this one!
The new property tax proposals being presented making single owned occupied homes property tax exempt is going to spread that tax debt exclusively to rental properties. Know what is coming as you plan to invest in real estate.
Good job👍Please can you make a video about BRRRR Method?
What a great video, thanks for all the info!
Informative your 1% rule will never work in India here it 0.1-0.5 maximum and that 250000 you will get barely a 1bhk in Mumbai in a ok location
I live in The Netherlands and the rules here are much stricter and the house prices much higher, so house hacking isn’t that lucrative. Nor do I support it here, as it increases the gap between rich and poor people and drives up house prices massively.
My question: what are other ways of investing you’d recommend?
Your just a great guy. I'm thinking of retiring in three and a half years. Thinking of buying and flipping houses for extra cash.
That's awesome! Where do you invest ?
Independence, Mo. , near Kansas City, Mo.
afraid of another housing crash coming..
We’ve looked into flipping here in Texas but we’ve had a huge sellers market for years and the market isn’t best for flipping. Very good for rental properties though. Good luck!
Great video
Me who got an ad about toxic poop in my body. "Hm. Interesting"
Did you find your properties through only a real estate agent or did you look online and if so what did you use
I'm a real estate agent so I look for them myself so far the properties I have bought have been from the MLS
Have you read "Buy it, Rent it, Profit"?
I haven't I have read brrrr
@@GabeBult Just looking into my market now to purchase a home. Still not positive on what makes a house a good deal and how to know if a neighborhood even has people looking to rent there. Where did you learn that? And check out that book. It's been helpful for me so far.
Send me a message on Instagram.
I want to be the 1st dislike
Thanks 👍
@@GabeBult youre welcome!