Buying a 4 plex like this is smart.#investing investing #realestateinvesting #realestate #money

“Hey faucet is leaking”
“Hey can I paint my walls”
“The basement flooded 3 weeks ago, can you pay for my waterlogged stuff?”
“Hey I can’t make rent by the first but next Friday and the Friday after that I can do 50% plus a 10% late fee, cool?”
“Microwave doesn’t work”

This could be your problems within 1 week renting to these people. This guy has managers doing that which is why he’s so positive about it

Slumlord money is for knuckle draggers

A wins is a win.

2k. Way to much rent exploiters

It looks like you're in gta 6 lol

Whos the lender? 4825 is great

#riseaboveproperty

Stocks better

OR…. put that 800-900k into SCHG and make 10-20 percent a year AND only pay taxes on it if you sell any of it. Oh, and did I mention NO maintenance.

We are in the era of AI technology and AI-driven market manipulation. Sadly, the downside is that it will replace humans but the advantage is that it will make regular people very rich too, at least until it's regulated. Just this month alone I've taken over +240% profits with Carolyn Greenwood Nelson-Al. This is excluding AI machine's commissions & charges.

Jews very bad

Good O Ben

I can't stay in this guy's voice

Just invest in the stock market and get an annualized return of 10% and be completely liquid without the headaches of real estate management.

And you need the right complexion too..don't forget, it's the land of the free(masons)

Better off getting into crypto then real estate quicker better easier returns dont have to deal with that shit lol

Repaving the tar alone is a huge no for me. This people didn't even talk about the the important details.just money……….

I don’t know many people willing to pay $2,000 a month for a place like that!

Building an empire, one fourplex at a time!

Even if you put 100% down and paid in cash you break even after 10 years?! 😮 … Assuming your tenants pay on time (it looks ghetto so doubt it) and doesn't include brown aC units, new roofs, hurricane damages etc. Terrible investment! If you put $800k in the S&P 500 with a 7.5% return that would be $1.63 million 🤯

this is not accurate. dont fall for it.

I pay when is not true. He still in the ridiculous mortgage

I’ve been a landlord. Worst think I ever did to myself. Never again.

825k for this isn't it super expensive? I hope its real lumber at least

Invest in the stock market less hassle, less expenses and better returns .

Bro got scammed

2k a month is too much for that space. I know it's realistic in some places, but it's still waaaay too much.

All based on the fantasy island mentality that all tenants will pay on time, and regularly.

Numbers are not line ! Don’t make sense!

dude looks AND sounds like a shyster

This guy is an idiot. 😂 he’s negative

Add another $20k for maintenance and legal fees for evictions

Can anyone, like a beginner, use this strategy?
I only began trading recently. Since then, I've been losing.
I'm holding right now, but in six weeks, I was 70%down. A loss of more than $51,000
Been constantly looking for ways to grow back up

chump change. worst business ever. 10% return with a whole bunch of variables that may (will) make it less. give it actually 60-70 take home if that. all the months with no rent.. also exclusive offers to move in (free rent for one month, etc). everyone in real estate is either really rich & are waiting for equity in 10 years after these prices for rhe last 5 years or theyre barely surviving, which is the truth

The more i watch Ramsey, i think you are better off making your own business and just don't go into debt for anything. Slow and steady

Bull shit on the taxes. More like $30k property taxes give a few or take.

900k for a shitshack

Worth noting mortgage interest, insurance, and property taxes are all deductions on your income tax. So are repairs and property manager fees. He’s not wrong.

Not accounting for repairs and vacant units.

Except if tenants lose their job and they can't afford rent

Scum activities

If I only had 800k laying around to buy a property out right i would 😂

What does it mean to “lay down your money”?

First you would a high income to get qualified for a loan for that much money

MSTY pays 60% on a low end annually with no renters…….

People are paying $2k per month for a single story quad plex shit box now?

i feel sorry for whoever got themselves into $2k rent at a place like this…

Being a landlord is a pain in the ass, it's not passive income.