Knowing the difference between a passive investor and a real estate professional can make a huge impact on the taxes you'll pay. Eric Freeman breaks it all down for you. DOWNLOAD NOTES: https://kenmcelroy.com/real-estate-professional-tax-benefits/
Ken's new Master Course is LIVE! Looking to buy your first rental property or grow your investments? Click here to purchase Buying Your First Rental Property: https://kenmcelroy.com/rental-property-master-course/
Gain access to weekly real estate updates, mini-courses, sample forms, and more by signing up for a FREE Membership: https://www.kenmcelroy.com/free-member
Check out some of our recommended products! Please note: These are our sponsors & advertisers, so if you use them, we will get compensated. There's no additional cost to you.
For your banking needs: ➤ Business Banking for Small Businesses and Freelancers � NorthOne - Open a business banking account in 3 mins and get $10:
For locating investment properties: ➤ What is Driving for Dollars? Driving for dollars is a more direct approach to finding wholesale properties than simply sending out emails to inboxes or letters in the mail. It’s the term used when you drive around a neighborhood that you think could house future wholesale deals, then document distressed properties to create unique lead lists. Oftentimes, it can be more profitable than other techniques. Ken’s fans instantly get $15 in credits with promo code KenDM!
• ABOUT KEN: Ken is the author of the bestselling books The ABC’s of Real Estate Investing, The Advanced Guide to Real Estate Investing, The ABC’s of Property Management, and has an upcoming book: "ABCs of Buying Rental Property: How You Can Achieve Financial Freedom in Five Years." Ken is a Rich Dad Advisor.
With over two decades of experience in real estate investing, Ken McElroy is passionate about sharing the good life by helping real estate investors grow and prosper. This channel is a place for Ken to discuss numerous topics connected to real estate investing, including finance, budgeting, the entrepreneur mindset, and creating passive income.
DISCLAIMERS: Any information or advice available on this channel is intended for educational and general guidance only. Ken McElroy and KenMcElroy.com, LLC shall not be liable for any direct, incidental, consequential, indirect, or punitive damages arising out of access to or use of any of the content available on this channel. Consult a financial advisor or other wealth management professional before you make investments of any kind.
Although Ken McElroy and his affiliates take all reasonable care to ensure that the contents of this channel are accurate and up-to-date, all information contained on it is provided ‘as is.’
Ken McElroy makes no warranties or representations of any kind concerning the accuracy or suitability of the information contained on this channel.
Any links to other websites are provided only as a convenience and KenMcElroy.com, LLC encourages you to read the privacy statements of any third-party websites.
All comments will be reviewed by the KenMcElroy.com staff and may be deleted if deemed inappropriate. Comments which are off-topic, offensive or promotional will not be posted. The comments/posts are from members of the public and do not necessarily reflect the views of Ken McElroy and his affiliates.
You're looking for a fast way to make money. Is flipping houses the answer? Watch this video and find out what it takes to get started, if house flipping is really worth it, and how much you can realistically expect to make!
What Is The Minority Mindset? It's thinking differently than the majority of people.
Minority Mindset was founded to revolutionize the way Money Minds think about money and to make financial literacy fun. We do this by sharing videos, articles and resources on how to make, save and invest money. #RethinkRich
Check out some of our recommended products! Please note: These are our sponsors & advertisers, so if you use them, we will get compensated. There's no additional cost to you. ----------
➤ Real Estate Investing Online 1) � Fundrise - Invest in real estate with as little as $1,000! See the historical returns here: http://bit.ly/InvestFundrise
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DISCLAIMER: This description may contain links from our affiliates, sponsors, and partners. If you use these products, we will get compensated - but there's no additional cost to you.
DISCLAIMER CONT'D: I'm just a random guy on YouTube so do your own research! Jaspreet Singh is not a licensed financial advisor. He is a licensed attorney, but is he is not providing you with legal advice in these videos. This video, the topics discussed, and ideas presented are Jaspreet's opinions and presented for entertainment purposes only. The information presented should not be construed as financial or legal advice. Always do your own due diligence.
Self storage investing could be the most slept-on opportunity in the real estate investing world. While residential real estate comes with many challenges like complicated evictions, clogged toilets, and a noisy tenant in your upstairs unit, self storage is without these headaches.
Paul Moore, author, capital raiser, and real estate educator joins us to talk about his newest obsession: self storage investing. Why self storage? Maybe it’s because nobody is living in the property, or that many existing facilities have HUGE value-add potential, or maybe it’s the tax savings, or the ability to increase equity by hundreds of thousands, if not millions, seemingly overnight.
There are so many reasons why self storage investing could be one of the greatest yet rarely spoken of assets in the world of real estate investing. Wondering how you can get started in this high-profit, low-maintenance investing world? Grab Paul’s new book, “Storing Up Profits”!
0:00 Intro 2:16 Simple Math & BIG Opportunity in Commercial 8:06 How to Exit Rich from Real Estate 10:00 Why Self-Storage? 12:57 4 Strategies to Build a Self-Storage Empire 22:30 The 7 Paths to Self-Storage 26:04 When to Ask for a Finder's Fee/Commission 44:52 The True Power of a Dollar 48:27 Massive Tax Savings with Storage 1:00:31 Find Your "Why" Behind Investing
What Is The Minority Mindset? It's thinking differently than the majority of people.
Minority Mindset was founded to revolutionize the way Money Minds think about money and to make financial literacy fun. We do this by sharing videos, articles and resources on how to make, save and invest money. #RethinkRich
Check out some of our recommended products! Please note: These are our sponsors & advertisers, so if you use them, we will get compensated. There's no additional cost to you. ----------
➤ Real Estate Investing Online 1) � Fundrise - Invest in real estate with as little as $1,000! See the historical returns here: http://bit.ly/InvestFundrise
----------
➤ Passive Stock Market Investing 2) � M1 Finance - Pick a few ETFs and stocks, then let M1 Finance invest your money automatically: https://bit.ly/M1FinanceStocks
➤ Life Insurance 4) � Policygenius - Make sure your family is protected with life insurance: Get a free life insurance quote: https://bit.ly/PolicygeniusLifeYT
----------
➤ Cryptocurrency 5) � BlockFi - Buy crypto & earn interest on the crypto you own: https://bit.ly/BlockFi-FREE
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➤ Business Banking for Small Businesses and Freelancers 6) � NorthOne - Open a business banking account in 3 mins and get $10: http://apply.northone.com/minoritymindset
DISCLAIMER: This description may contain links from our affiliates, sponsors, and partners. If you use these products, we will get compensated - but there's no additional cost to you.
DISCLAIMER CONT'D: I'm just a random guy on YouTube so do your own research! Jaspreet Singh is not a licensed financial advisor. He is a licensed attorney, but is he is not providing you with legal advice in these videos. This video, the topics discussed, and ideas presented are Jaspreet's opinions and presented for entertainment purposes only. The information presented should not be construed as financial or legal advice. Always do your own due diligence.
You're missing out on millions! I'm not kidding. And I don't mean that everyone has missed out, but you have specifically. You might be thinking to yourself "well I'm just a broke college student who can barely afford my bills." Or maybe you think "hey, I've got a good job and people are always telling me how much money I make." Either way it doesn't matter if you're rich or poor, because there's something you need to know about real estate investing that will change your life forever.
Cris Chico was born on the Island of Puerto Rico and moved to the United States while in 3rd grade.
Living on food stamps and welfare did not diminish his dreams of financial success.
He went to college and got a degree in accounting under the assumption that would be the first step to financial freedom.
However, like most, he realized that to achieve the true American dream he had to become an entrepreneur.
Through a lot of trial and error, he found real estate and marketing as his vehicle for success.
Cris Chico was the first person to develop and perfect the concept of "virtual" real estate investing, where you can do deals literally from your laptop, from start to finish.
He then streamlined his methods into a fully integrated system called Virtual Wholesaling.
He has successfully wholesaled hundreds of residential properties all across America using his unique and groundbreaking system "Virtual Wholesaling"
If you'd like to discover how you can start a profitable real estate business that requires very little start up capital and minimal risk, visit https://crischico.com
Looking for a mortgage comparison tool?* ✅ Get a free mortgage refinance quote*: https://bit.ly/RefiMortgageCredible *Advertisement from Credible Operations, Inc. NMLS 1681276, not available in all states. Visit https://www.credible.com/a/state-licenses for important information about Credible’s licenses
What Is The Minority Mindset? It's thinking differently than the majority of people.
Minority Mindset was founded to revolutionize the way Money Minds think about money and to make financial literacy fun. We do this by sharing videos, articles and resources on how to make, save and invest money. #RethinkRich
Check out some of our recommended products! Please note: These are our sponsors & advertisers, so if you use them, we will get compensated. There's no additional cost to you. ----------
➤ Real Estate Investing Online 1) � Fundrise - Invest in real estate with as little as $1,000! See the historical returns here: http://bit.ly/InvestFundrise
----------
➤ Passive Stock Market Investing 2) � M1 Finance - Pick a few ETFs and stocks, then let M1 Finance invest your money automatically: https://bit.ly/M1FinanceStocks
➤ Life Insurance 4) � Policygenius - Make sure your family is protected with life insurance: Get a free life insurance quote: https://bit.ly/PolicygeniusLifeYT
----------
➤ Cryptocurrency 5) � BlockFi - Buy crypto & earn interest on the crypto you own: https://bit.ly/BlockFi-FREE
----------
➤ Business Banking for Small Businesses and Freelancers 6) � NorthOne - Open a business banking account in 3 mins and get $10: http://apply.northone.com/minoritymindset
DISCLAIMER: This description may contain links from our affiliates, sponsors, and partners. If you use these products, we will get compensated - but there's no additional cost to you.
DISCLAIMER CONT'D: I'm just a random guy on YouTube so do your own research! Jaspreet Singh is not a licensed financial advisor. He is a licensed attorney, but is he is not providing you with legal advice in these videos. This video, the topics discussed, and ideas presented are Jaspreet's opinions and presented for entertainment purposes only. The information presented should not be construed as financial or legal advice. Always do your own due diligence.
Robert Kiyosaki is arguably the most influential author in the finance, real estate, and investing space. His book, Rich Dad Poor Dad, has sold over thirty million copies and has been translated into forty different languages across forty different countries. Since its inception in 2002, Rich Dad Poor Dad has become almost every investor’s favorite book, prompting them to get out of the rat race, pursue financial independence, and teach them everything Robert’s “Rich Dad” taught him.
Robert has seen numerous housing cycles, including crashes, booms, and busts. His knowledge of micro and macroeconomics is astounding (to say the least) and he has some strong predictions for the future of real estate investing and the global economy as a whole. We talk about capitalism, marxism, communism, inflation, debt, assets, liabilities, and everything in between. This episode is not only crucial for anyone who is a fan of Robert’s books, board games, and videos but anyone who truly wants to learn the game of real estate.
0:00 Intro 4:57 Quick Tip 8:02 Welcoming The 'Rich Dad' Himself 10:08 Robert's Start in Real Estate 13:09 Confusing "Rich" with "Greedy" 18:57 Writing (and Fighting) for Freedom 22:58 Assets and Liabilities 25:58 Inflation Concerns 28:26 Housing Market Crash Concerns 32:39 The Importance of Early Financial Education 42:12 The "Prom Night" Indicator 45:57 What's Robert Investing In? 54:33 Famous Four 59:57 All Coins Have Three Sides 1:06:19 Wrapping Up Robert's Interview
Robert Kiyosaki says, “Taxes are your largest single expense.” The average person in a developed country spends 25-35 percent of their life working to pay taxes. That means more than two hours of every workday are dedicated to feeding your government. Today’s guests discuss how instead of working to pay taxes, you can invest to pay zero taxes—legally!
Tom Wheelwright, Rich Dad Advisor on taxes says, “The real purpose of the tax law in your country is to provide incentives to business owners and investors. The law would be three pages long if it were not for that. Instead, it has thousands of pages to give these incentives to business owners and investors.”
Ken McElroy, Rich Dad Advisor on real estate says, “When we look at real estate, we are looking at it from a long-term, cash-flowing, pay-less-tax-strategy regardless of what’s happening in the market.”
Hosts Robert and Kim Kiyosaki, and guests Tom Wheelwright and Ken McElroy discuss the exact formula they use for investing in real estate and how they pay zero in taxes.
On today’s video, Find out why there is such strong demand for high end homes, who these buyers are and how you can cash in big time flipping houses to rich people!
Jerry Norton went from digging holes for minimum wage in his mid 20's to becoming a millionaire by the age of 30. Today he's the nation's leading expert on flipping houses and has taught thousands of people how to live their dream lifestyle through real estate.
**NOTE: To Download any of Jerry's FREE training, tools, or resources… Click on the link provided and enter your email. The download is automatically emailed to you. If you don’t see it, check your junk/spam folder, in case your email provider put it there. If you still don't see it, contact our support at: support@flippingmastery.com or (888) 958-3028.
I posted a video on one of my recently completed house flips that was a manufactured home. I got a lot of comments from viewers who thought it was crazy that I would flip a
What does a full-time real estate investor look like? You’re probably imagining something a little different than investors Amelia and Grace, who are both in their 20s and not covered in sawdust or paint stains. Amelia and Grace both quickly realized that the W2 lifestyle wasn’t for them, so they scaled up their portfolios FAST and were able to quit in a pintsized time period.
Amelia and Grace walk you through two of their properties: one BRRRR project and another mid-sized multifamily that houses both short and long-term tenants. You’ll hear the acquisition costs for these two properties, the rehab budgets, what type of financing was used, and how they found the deals.
This driven duo also shares four prerequisites before quitting your W2. If you think you're ready to take the leap into full-time investor territory, make sure you're following Amelia and Grace's advice! These two rookie rockstars have proven that it doesn’t take decades to go full-time in real estate investing. It just takes drive.
Rehab Valuator offers a free real estate investor software for rehabbers, wholesalers and flippers. Use our software to easily calculate offers and projects!
Interest rates affect the housing market far more than most people think. When interest rates rise, buyers see affordability tumble, pushing them out of the home buying game until they can build up more cash reserves. While this may seem like a blessing in disguise for interest rates to start heading up, it could have grave consequences for investors and homebuyers alike.
Dave Meyer (@thedatadeli) has been closely watching interest rates and bond yields to give an accurate forecast of when we may see rates start to climb. If you’re an investor, even a single-percentage bump on your mortgage rate could dramatically change your cash flow. If you’re a first-time homebuyer, these low-interest rates are allowing you to buy homes that up until last year were seemingly unaffordable. So, what can homebuyers and investors do to maximize their gains/likelihood of buying a home when rates start to rise?
Do you think rising interest rates could lead to a housing market crash/correction? Or, do you think it will merely slow down this hot housing market? Let us know your predictions in the comments below!
So I recently decided to take a look at Travel Nurses. You know I'm a heavy advocate for my Section 8 tenants, but when my most recent Section 8 tenant moved out, I decided to take a look at other ventures. Join our email list so you don't miss the Travel Nurse Rental Workshop: https://aw8d9fb.aweb.page/p/30fbf687-35d3-4059-bd7d-d7d4ee5361a1 Tonite at 8:30pm EST you're going to meet my new business associate Clarence Harris. Not only is he a CPA, but he's also a real estate investor.(What a wonderful MATCH right!!!) He pulled my collar to this Travel Nurse industry so I said, "why not, let's give it a try." He's going to show you how his entire system works so you to can get out there and make a thousand dollars in cashflow instead of that little few hundred dollars a month I see most landlords get each month. You can do this PER RENTAL by doing Travel Nurses. I'll see you at 8:30pm EST tonite!!!!
None of us can predict the future. But with his decades of real estate experience, Robert Helms is probably someone you'll want to listen to. Host of the long-running Real Estate Guys Radio Show, Robert Helms has some keen insight on where he believes the housing market is going in America.
Join Ken McElroy, Danille, and Robert Helms in a discussion about the future of the US housing market, foreign investing, and some mindset advice on starting small in the real estate business.
Gain access to weekly real estate updates, mini courses, sample forms, and more by signing up for a FREE Membership: https://www.kenmcelroy.com/podcast
Ken's new Master Course is LIVE! Looking to buy your first rental property or grow your investments? Click here to purchase Buying Your First Rental Property: https://kenmcelroy.com/rental-property-master-course/
Check out some of our recommended products! Please note: These are our sponsors & advertisers, so if you use them, we will get compensated. There's no additional cost to you.
For your banking needs: ➤ Business Banking for Small Businesses and Freelancers � NorthOne - Open a business banking account in 3 mins and get $10:
For locating investment properties: ➤ What is Driving for Dollars? Driving for dollars is a more direct approach to finding wholesale properties than simply sending out emails to inboxes or letters in the mail. It’s the term used when you drive around a neighborhood that you think could house future wholesale deals, then document distressed properties to create unique lead lists. Oftentimes, it can be more profitable than other techniques. Ken’s fans instantly get $15 in credits with promo code KenDM!
• ABOUT KEN: Ken is the author of the bestselling books The ABC’s of Real Estate Investing, The Advanced Guide to Real Estate Investing, The ABC’s of Property Management, and has an upcoming book: "ABCs of Buying Rental Property: How You Can Achieve Financial Freedom in Five Years." Ken is a Rich Dad Advisor.
With over two decades of experience in real estate investing, Ken McElroy is passionate about sharing the good life by helping real estate investors grow and prosper. This channel is a place for Ken to discuss numerous topics connected to real estate investing, including finance, budgeting, the entrepreneur mindset, and creating passive income.
Ken offers a wealth of personal experiences, practical advice, success stories, and even some informative setbacks, all presented here to educate and inspire. Whether you’re a new or seasoned investor, the information and resources on this channel will set you on a path where you and your investments can thrive.
DISCLAIMERS: Any information or advice available on this channel is intended for educational and general guidance only. Ken McElroy and KenMcElroy.com, LLC shall not be liable for any direct, incidental, consequential, indirect, or punitive damages arising out of access to or use of any of the content available on this channel. Consult a financial advisor or other wealth management professional before you make investments of any kind.
Although Ken McElroy and his affiliates take all reasonable care to ensure that the contents of this channel are accurate and up-to-date, all information contained on it is provided ‘as is.’
Ken McElroy makes no warranties or representations of any kind concerning the accuracy or suitability of the information contained on this channel.
Any links to other websites are provided only as a convenience and KenMcElroy.com, LLC encourages you to read the privacy statements of any third-party websites.
All comments will be reviewed by the KenMcElroy.com staff and may be deleted if deemed inappropriate. Comments which are off-topic, offensive or promotional will not be posted. The comments/posts are from members of the public and do not necessarily reflect the views of Ken McElroy and his affiliates.
If you''re just starting out in Real Estate or a seasoned professional, you're probably going to make some mistakes. I know I did. Let me share with you some that I made to help you try to avoid some.
► This is an AD FREE Channel with new videos added daily concerting #RealEstate #Investing #Entrepreneur #Money #Sales #Scaling #Leadership #Socialmedia #Marketing #10 #Speaking #Family #Finance
Subscribe to Grant Cardone YT Channel: https://www.youtube.com/user/GrantCardone?sub_confirmation=1 -- Grant Cardone Career and Bio TV Undercover Billionaire CEO - CardoneCapital.com Real Estate Holdings 2.2B AUM Founder - 10X Movement Business Conferences Worldwide Author - The 10X Rule. (Plus eight more biz books) Philanthropy Grant Cardone Foundation - Support kids without fathers. Raised Over 100M for Charites.
This is not an offer, solicitation of an offer, to buy or sell securities nor a recommendation to buy or sell any securities. Past performance is not an indication of future results. Investing involves risk and may result in partial or total loss. Prospective investors should consider carefully investment objectives, risks, charges and expenses, and should consult with a tax, legal and/or financial adviser before making any investment decision. For additional information, visit www.cardonecapital.com/disclosures.
How To Invest in 2021 With Little Money? | Robert Kiyosaki
In this video, Robert Kiyosaki, the bestselling author of "Rich Dad Poor Dad," and a multimillionaire businessman, explains how to begin investing and creating cash flow in 2021 with as little money. He also offers advice on whether or not to invest in the stock market, bitcoin, real estate, gold, or silver, as well as how to do so.
Rich Dad Poor Dad is Robert's story of growing up with two dads — his real father and the father of his best friend, his rich dad — and the ways in which both men shaped his thoughts about money and investing. You can check out his greatest works here- https://www.richdad.com/
If you’re new to this channel then I want to welcome you to “Investopads”. This channel is all about business/investing motivation, Audiobook, and money. Helping mainly entrepreneurs grow smarter and more financially stable in today’s society. We try our best to create the best inspirational videos/motivational videos to help to lift you up when you’re down and to inform you so that you can become a better person in business and in your life.
We try our best to highlight legends such as Warren Buffet, Robert Kiyosaki, Graham Stephan, Dave Ramsey, Ray Dalio, and many more. So please be sure to hit the like button to show your gratefulness and be sure to subscribe for more from us.
FAIR-USE COPYRIGHT DISCLAIMER Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, commenting, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statutes that might otherwise be infringing. Non-profit, educational, or personal use tips the balance in favor of fair use.
-This video has no negative impact on the original works (It would actually be positive for them) -This video is also for teaching and inspirational purposes. -It is not transformative in nature. -We've only used bits and pieces of videos to get the point across where necessary.
However, any issues, please knock at bprdmakeit@gmail.com
DISCLAIMER: It's important to note that I am not a financial adviser and you should do your own research when picking stocks to invest in. These are just some of the viewpoints, by no means would I recommend watching one YouTube video and then immediately buying that stock. This video was made for educational and entertainment purposes only. Consult your financial adviser.
Matching Keywords: robert kiyosaki,rich dad poor dad,real estate investing,real estate,robert kiyosaki real estate investing,
The mainstream media will have you believe that the economy is on its way back from the devastation caused by the pandemic, but today’s guest says that the trends tell us another story.
Gerald Celente is the Founder and Director of the Trends Research Institute and publisher of the weekly Trends Journal magazine and he says, “America was the land of opportunity, that is no longer.”
Further, Gerald explains that the “bigs are in charge”: Big Banks, Big Pharma, Military-industrial complex, Big Tech. And as long as the bigs are in charge, the economy is in big trouble.
Hosts Robert and Kim Kiyosaki and guest Gerald Celente discuss what trends are telling us about the future of the global economy and where you should be putting your money.
*SPECIAL OFFER* FREE ONLINE EVENT - EXCLUSIVE TRAINING: Robert's secrets to increasing your cashflow today! Exclusive wealth building strategy session with Robert Kiyosaki: https://bit.ly/3yTJkii
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