Doing fix and flip calculations isn’t as simple as many people think. Before closing on a property, you don’t know how many problems may spring up out of nowhere. This is why it’s so important to assess your risk when performing a flip as opposed to looking solely at your estimated net profit.
Watch Tarl as he walks through this three-bedroom, two-bathroom townhouse in the Seattle, Washington area. You’ll see how he calculated his initial numbers, what his final profits look like, and why he always uses the rate of return (or cash on cash return) instead of net profit calculations to decide on whether or not a flip is worth pursuing.
I know what you’re thinking, “why would I use cash on cash return when I’m financing my whole deal?” Worry not! Tarl also walks through why this calculation is crucial for flippers even when you’re financing a deal with hard or private money loans.
Learn step-by-step (with an example) how to buy properties using owner financing (aka seller financing). You'll also learn how to find sellers willing to owner finance, and you'll receive tips about the pros and cons of using seller financing - for both the buyer and the seller.
Why would central banks want a digital dollar? Is the US Dollar really under fire between Bitcoin and inflation? Join Ken McElroy and Finance YouTube personality, Mark Moss, in a discussion about the future of the US dollar, the possibility of a digital currency, and the future of Bitcoin in a global market.
Ken McElroy's Real Estate Investing Master Course is available NOW! Click here to get it in English & Spanish BEFORE the price goes up: https://kenmcelroy.com/master-course/
⏰ Timestamps ⏰: 0:00 Introduction 2:00 Cryptocurrency, Bitcoin, and Digital Currencies 4:41 What is a digital dollar? 7:40 A future without cash 13:19 Digital wallets & the power of central banks 16:53 The Dollar as the world's reserve currency 19:09 Conclusion
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• 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.
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I hear it all the time, why buy a tiny home when you can get a small manufactured home for less money. In this video, we compare the two types of homes, Tiny houses VS Manufactured housing, both are affordable housing options. We will see what you are really saving if you bought a manufactured home over a tiny home. We will compare the cost of insurance, the cost of setting up and the opportunity of using these dwelling as investment properties.
�To look for properties in the Baton Rouge and Ascension Parish area click here: https://goo.gl/Pfi9W9
�To Send Mail: Kristina Smallhorn PO BOX 1271 Prairieville LA 70769 #Stickbuilthome #modularHome #KristinaSmallhorn Kristina Smallhorn, Your Real Estate Whisperer kristina.smallhorn@exprealty.com,info@Kristinasmallhorn.com eXp Realty LLC,2900 Westfork Dr. Suite 401, Baton Rouge LA 70817 225-246-1812,Office (225) 412-9982 ext# 149 Kristina Smallhorn is a licensed REALTOR® with the state of Louisiana, License #0912122918 Disclaimer: All images and additional video segments contained in the Thumbnails and/or B-roll segments are used in strict compliance with the appropriate permissions and licenses required from https://pixabay.com and in accordance with the YouTube Partner Program, Community guidelines & YouTube terms of service. As an Amazon Associate, I earn from qualifying purchases at no extra cost to you as a buyer.
In this video I want to discuss about short sales. Now I know the real estate markets really hot right now, but there may be a tipping point where certain individuals may be walking away from their properties here in the next several months to a year.
When you're working with short sale properties the key here is typically closing on time. I want you to be aware of how to benefit from this, if there's properties that are available and by creating the right structures.
Your questions or requests for video topics are always welcome!
The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice.
✔️ Science of Flipping Academy ✔️ All the systems and software I use in my business ✔️ All the tools you need to run your business ✔️ All my Scripts, Contracts, Spreadsheets ✔️ Special Discounts ✔️ And Much More...
“Justin is one of the best trainers in this space. He really gives everything to his tribe.” – Brent Daniels (TTP)
“Justin’s ability to connect with people and help them understand what he is teaching, is unparallelled” – Kent Clothier (REWW)
“We have been in the trenches flipping homes in Phoenix for over a decade, he is one of the best to do it.” – Sean Terry (Flip2Freedom)
����� ������: Justin Colby is the founder of The Science of Flipping Podcast and The Science of Flipping Coaching Program and is an active Real Estate investor having flipped over 1500 homes in multiple markets across the U.S. Justin runs an 8-figure real estate wholesaling business that closes 20+ deals each month in multiple markets across the U.S and has helped 1000s of clients learn how to become successful real estate investors.
Justin subscribes to the philosophy of "Wholesaling To Wealth" and is the foundation of his coaching program which teaches you how to get started wholesaling or streamline and scale an existing wholesaling business as well as build long term wealth through wholesaling, flipping, and building a rental portfolio.
Secrets of a Millionaire Real Estate Investor with Robert Shemin
If you’re looking for some real estate investing inspiration, today’s video is for you! I’m speaking with full-time investor and New York Times best-selling author, Robert Shemin! Robert is one of the most informed and successful investors in the industry.
On this episode, we’re talking about how he got started purchasing buy and hold properties, his specific strategies, and how he’s built a portfolio of over 500 properties. Robert is a true legend in the real estate world; you don’t want to miss his insights on this episode of Investing in Real Estate!
Videos you might like: How to Think Like a Wealthy Investor: https://goo.gl/7wCZeq The Mask of Masculinity with Lewis Howes: https://goo.gl/k88dSU Being Financially Free vs. Being Debt Free: https://goo.gl/1dtvt9 DISCLAIMER: I am not a financial adviser. I only express my opinion based on my experience. Your experience may be different. These videos are for educational and inspirational 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. There is no guarantee of gains or losses on investments.
AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion. We recommend them because they are helpful and useful, not because of the small commissions we make if you decide to use their services. Please do not spend any money on these products unless you feel you need them or that they will help you achieve your goals.
With Mesa's high demand for apartments, the Neighborhood Ventures team responds perfectly with the newest offering. Venture on Country Club is a 120-unit hotel conversion to high-end apartments and offers investors an early 6% cash flow. Being Neighborhood Ventures' largest project to date, they are confident this is an outstanding property that will generate an exceptional cash return.
For more information about Venture on Country Club and other Neighborhood Venture properties, visit www.neighborhood.ventures.
Anson has had to estimate rehab costs a lot in his career, so he has a pretty good handle on what does (and doesn’t) work. But, when you’re starting as a new real estate investor, you may not know what goes into estimating rehab costs, creating a scope of work, or even who to ask to answer questions.
Thankfully, you have 3 different methods to choose from that will help you estimate your rehab costs. You could do this by using one, or a few, trusted general contractors to walk the house with you, using a square footage estimate, or trying the breakdown method. The most important thing is for you to have as much data as possible on your property, so you know exactly how much it will cost to rehab and how much you can sell (or appraise) it for!
00:00 Intro 01:38 The Thing About Estimating... 02:47 More Data = Accurate Estimations 04:20 Part 1: Get Expert Help 08:26 Part 2: The Square Footage Estimate 10:51 Part 3: The Breakdown Method 13:06 Pro Tip: Do a Contractor Walkthrough 14:16 Action Steps
Today's training is negotiation tips designed for the investor. Since 2004, I searched for training on negotiation and I usually find books designed for the owner occupant or real estate agent. So today, I'm starting a playlist of my best negotiation tips, tricks and tactics to help you go out and get the best deal possible. This is NOT designed for you to take advantage of the ma's and pa's out there, but for you to arm yourself with covert strategies and phrases that will allow you to HELP people in need. We have to paint a clear picture of what the seller needs so we can craft an offer that will get them where they want to go. Let's start your journey of becoming a Negotiating Master Warrior together!
TOC 0:00 - Intro 0:11 - What is a Geotechnical Investigation 0:20 - Why do people need this information? 0:33 - What do you NOT want to find beneath the surface? 0:58 - What equipment is used for a geotechnical investigation? 2:08 - Are there different types of geotechnical investigations? 2:34 - How much time does it take to collect the soil samples? 2:57 - Is there a way to mitigate soil problems? 3:36 - What affects the cost of a geotechnical investigation? 3:49 - How does a geotechnical investigation differ from an environmental site assessment? 4:10 - Have you ever found anything surprising beneath the surface? 4:34 - How accurate are the nationwide USDA soil maps? 5:18 - Can those soil maps useful for any kind of due diligence? 5:28 - Is a geotechnical investigation ever used to identify wetlands? 5:43 - Is it possible to identify soil problems without a geotechnical investigation? 6:30 - What does a geotechnical investigation NOT tell you?
Despite mortgage rates dropping to around 3%, it’s getting more expensive to buy a home given record high home prices. I share details of this plus a housing market update for home prices, mortgage loan forbearance, housing inventory, and mortgage interest rates.
Get 2 free stocks valued up to $2,300 TOTAL when you deposit ONLY $5 (limited time only & restrictions apply): https://bit.ly/3yGfhuO
Get Connected To a GREAT Real Estate Agent in Your Area https://homeandmoney.com/jason ---- Or, email me if you’re looking to buy or sell a home in the greater Sacramento area (w/n ~30mn drive from Sacramento): jason@meetjasonwalter.com
Black Knight reported that home price growth hit its third consecutive all-time high in May, with the annual rate of appreciation accelerating by more than 2% in each of the past two months. May’s 2.1% rise from April was the greatest single-month acceleration of home price growth in history.
However, according to the National Association of Realtors, home price growth is decelerating which is good news for homebuyers. They also reported contract signing decreased 4.8% over the last 4 weeks from a year ago which suggests the market may be slowing. In addition, new listings have been increasing.
Mortgage loan forbearance news: the number of homeowners in mortgage forbearance dropped below 2M, the first time since April 2020.
To give you a quick mortgage interest rates update, according to the Mortgage News Daily the average 30yr fixed rate mortgage decreased to 3.03% for the current mortgage rates. This is mixed news if you’re a homebuyer right now or if you’re a homeowner looking to refinance.
Comment below: what’s your housing market 2021 forecast and housing market forecast 2021? Do you think a housing crash 2021 will happen and there will be a housing crash due to a housing bubble, a 2021 housing market crash 2021 or are your housing market predictions that the real estate market 2021 and home prices 2021 will continue to surge?
Get 50% off Housingwire + (HW+) by using the coupon code: Jason50%off
My no. 1 recommendation for real estate licensing in California (the same course I took): ad https://bit.ly/2EUYLRq
*** Jason Walter, CPA (lic 103885) Sacramento Realtor/Sacramento real estate agent and native Realty ONE Group Complete (DRE 01923240) jason@meetjasonwalter.com Follow me on Instagram ➜ @SacramentoRealtor
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Disclaimer: Jason Walter is not a practicing tax accountant or a licensed attorney or financial adviser. Therefore, the information in these videos shall not be relied upon as tax, legal, or financial advice from a qualified perspective. If you need such advice, please contact a qualified tax accountant, attorney, or financial adviser. We have taken reasonable steps to check that the information in this video is accurate but we cannot represent that it is free from errors. You expressly agree not to rely upon any information contained in this video - it is for entertainment purposes only.
This video description may contain affiliate links that allow you to easily find the items mentioned in my videos as well as support the channel at no cost to you. Thank you for your support! Jason Walter is a licensed Realtor with Realty One Group in California under DRE 01923240.
If you have bad credit (a lower FICO score than the minimum threshold to get a mortgage; such as 540 or 580) and would like to become a homeowner; or you're an investor that wants to buy properties faster than you can secure bank loans; then this video is for you. You'll discover the 5 main ways to buy a house regardless of your credit.
When you're looking at a house to flip, how do you know it's a good deal or not? Well today's video I'll show you how I break down the numbers on each house and further take you to the house so you see exactly what to look for when valuating your next real estate deal. Not only do we look at the subject house, but we must also look at the surrounding houses to see what condition they're in. There are certain items that must be included in order for me to be interested in buying the house. We'll go to my computer and run the comps together to see what the ARV (After Repaired Value) is, and go over my equation to determine what our MAO (Maximum Allowable Offer) should be. We'll estimate the repairs and go over the fixed hard costs to sell a house as well. Let's have some fun with this so it doesn't always seem like work. Oh, this is what a house looks like when a smoker lives there for years.. Don't miss my 50% off Independence day sale going on right now at KrisHaskins.com, use coupon code "JULY4".
00:00- Intro 1:48 - What equation we use to determine our offer price 3:12 - What the seller owes and what they want 4:28 - Walk through the house to estimate the repairs 11:15 - My July 4th sale info 13:00 - I had to pour a new continuous slab to close in a carport 13:50 - Let's go over the repairs 14:52 - How we run comps & determine the ARV, After Repaired Value 20:39 - What are the Hard Costs, Realtor fees, closing costs, cost of the money(Interest) 23:28 - What's our MAO, Maximum Allowable Offer
In Today's video, Francis and I walkthrough our latest aquisition, and prepare our to-do list's in terms of what this property is going to need, to be considered rehabbed.
Built in the 80's this single-family 2/1 is a perfect starter home for a new family or someone looking to downsize. Follow along as we will be posting each episode with new updates on this property, and many more in the future.
Don't forget to like, comment, and subscribe with notifications so you will know when the next episode goes live!
Job losses and a surge in hate crimes, which has led to more housing discrimination, have hit this community hard, according to an AAPI industry trade group.
https://www.freedommentor.com/predicting-final-sales-price/ Determining what a house is going to sell for when you put it on the market for sale is one of the most important skills an investor must master to succeed with flipping houses. Unfortunately, most house flippers rely simply on appraisals or feedback from listing agents and ignore several other very important factors that must be considered. You're about to discover a formula for predicting final sales prices developed over nearly 20 years and 1,000s of deals. When you apply this formula correctly, you will predict final sales prices better than ever before, which will make you more money and help you avoid making mistakes.
John Fedro's channel is a FREE mobile home investing crash-course for anyone looking to become a mobile home investing pro. Learn more secrets, tricks, and behind-the-scenes lessons while flipping, wholesaling, and cash-flowing mobile homes in parks (also, on private land)!
What to do/say when a tenant stops paying? https://youtu.be/bzsM9OECsF4 Getting a mobile home back from a payment-buyer: https://youtu.be/LUWO9uNWfE4 Transferring mobile home titles in your state: https://youtu.be/uHM4u0N1ObY ____________________________________________________ �SUBSCRIBE TO MY CHANNEL (You know you want to.) �LIKE & COMMENT THIS VIDEO! ____________________________________________________ �VISIT OUR VIDEO & ARTICLE LIBRARY! Over the past 18+ years I've been documenting whats been working in my business & the 100s of mobile home investors helped nationwide. Learn FREE how other investors are making quick profits flipping/wholesaling or long term cash-flow with mobile homes in parks and on private land. �https://www.mobilehomeinvesting.net ____________________________________________________ �PARTNER WITH JOHN FEDRO 1-ON-1! Do you want access to John Fedro, mobile home investing step-by-step detailed instructions, lessons, recorded phone calls to buyers, sellers, and park manager? How about contracts, scripts, checklists, cheat-sheets, deal analysis software for mobile homes you find? Hard work is required!! Find out more if this is right fit for you at the link below. �https://www.mobilehomeinvesting.net/next-step/ _____________________________________________________ �����JOIN OUR FACEBOOK COMMUNITY (MEMBERS ONLY) �https://www.facebook.com/groups/mobilehomeinvestors _____________________________________________________ �FOLLOW ME ON INSTAGRAM @john_fedro �https://www.instagram.com/john_fedro ____________________________________________________ �PURCHASE A SHIRT FOR CHARITY �mobilehomeswag.com
#mobilehomeeviction #mobilehomerepo #evictions
If you have been investing in mobile homes for cash-flow then you will eventually have monthly payment-buyers and renters that may have trouble paying you monthly. In this video we talk about mobile home evictions, mobile home repossessions, and foreclosures. Learn mobile home investing procedures when a tenant-buyer or resident stops paying monthly. Learn what to do and to act quickly. If you are a mobile home investor watch this video in full to learn more about mobile home evictions and mobile home repossessions.
If you are a mobile home tenant you may also benefit from this video by learning the options that you have, procedures moving forward, and the best way to interact with your landlord to avoid eviction.
�� Questions? Learn more about mobile home investing below. For more FREE mobile home investing info check out our website and YouTube channel found in the links below.
It can be VERY difficult to find real estate deals. They aren’t just lying around waiting for you to find them. Or are they?
Brandon Turner, host of the BiggerPockets Podcast and owner of 1,000+ rental properties shows you the one question he asks to find more deals. This astonishingly simple question is often disregarded by most investors, but it may help you find your rental property needle in the housing market haystack.
Have you ever tried a strategy like this before? If so, has it worked, and have you gotten deals from it? If so, let us know in the comments. We love hearing strategies from other investors as well!
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