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I sold my 2 single family houses because I wasn’t able to profit anymore due to increase in property taxes, insurance.
ОтветитьI’ll stop you right there krissy. Single family doesn’t cashflow as a rental with todays rates, all that needs to be said. Multi family all day
ОтветитьIs it possible to own a home as a primary residence whilst renting that home?
ОтветитьDon't pay off your house but he'll pay off his.. he's admitted in a conference that he's a dark triad..
ОтветитьHey Chris...i can increase your roi to 35%-45%
Step 1: in your lease agreement change tenancy at will clause to double the rental rate or air bnb rate; if your lease expires!
Step 2: offer your tenants buyer-agent tour agreement at 2.5% at any time they want to buy a house!
Step 3: let them out of lease agreement 2 weeks after escrow. Step 4: Rent investment property at new increased market conditions!.... And yes i'm a real estate millionaire!
I'm glad you broke this topic down because I got guys asking me to invest into multi unit homes.
ОтветитьYou forgot to say "sorry Grant Cardone" 😂
ОтветитьI want to know your crazy formula for ROI.
ОтветитьI am only beginning to study these topics but I am very interested in starting this path in 2 or 3 years when I have the financial possibility.
Would it be valid if my initial idea was to buy a multifamily with 3 or 4 units so I could live in one and finance it with an FHA? The initial objective would be to live rent free off the rent from the other units. Even if there is no cashflow, I would free up a large part of my income to start scaling more quickly later. Would something like that be valid?
Rolling in the dough like a bakers knuckles 😂😂
Ответитьgood information
ОтветитьIn the process of buying my first home and these videos are so helpful.
ОтветитьSir you are an amazing teacher,and your knowledge is the best.Thank you for always sharing it.
ОтветитьBasically, if you have tons of funds, Multifamily has a better ROI for the average investor.
But if you’re an extremely experienced investor who has connections, single family has a better ROI.
Multifamily has higher upkeep. But better residuals.
Single family, has lower upkeep, but an all or nothing residual.
Hope that helps!
Great video. I definitely want a piece of those 7 million+ missing homes.
ОтветитьThanks you
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