Here’s how you can buy your first rental property this year!
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Are you trying to buy your first rental property this year but aren’t sure where to start? Ryan Pineda goes step by step how you can do that, with tips and tricks for finding deals and funding! Ryan also discusses whether or not you should buy one in the first place! A rental property isn’t always the best investment depending on an individual’s situation.
1% a month? Why would a $200k home rent for $2k a month? That’s like a $600k renting for $6k a month. That’s absurd
Awesome content! Lots of golden nuggets
First off… Your haircut is everything… (this is my first time watching your videos). and second… Thank you for the information and the insight!! Much appreciated. For sure
Reinvesting back in yourself comment was 🔥. Thank you for the advice and expertise. We have an audience I think would love to travel and ride mountain bikes in new destinations and as a business owner I want to diversify and get into airbnbs to offer these properties and experiences to our pretty good-sized audience but fear I may have “shiny object syndrome “ as you called it. Thanks a lot!
Does this apply to England
❤
Awesome content!
W2, living in NYC, interested in buying a property in the tri-state where I will live in the house and rent the other rooms out. Hoping to start the early stages of the process by spring 2024
Thanks for your insights and at your 3:42 min. mark in your video, most viewers here should understand hiking up rents (which investors rely on) sadly, has lead to homelessness. Folks can't keep up with the new, beautifully remodeled homes. Not everyone is earning a professional wage. Home rentals changed to room rentals and most recently, it's morphed to room sharing: the cramming as many as 4 people to a room! I know an investor currently has gone into losing money consistently renting homes > to room renting > to room sharing (she found that families can no longer afford her rent rate!) in one state, leading her to flip both her properties quickly and settling herself in a mobile home (cheapest she could find for herself!) in another state. She's also changing her career! I'm seeing this over and over: folks can't afford rent that you and other investors expect. Since COVID conditions have driven e v e r y t h i n g to cost more, we're seeing how including Silicon Valley pay days cover far less. Budgeting seems to be one of the big hassles for working folks these days! Our values are clashing in this country, obviously. Perhaps, we could use a reliable business ethic whose "doors" could open every day and know that folks can afford products offered there. Good luck during these uncertain times. Note: we could see from state to state their large cities suffer less homelessness and investors could reliably get money $$ back on each investment if they wouldn't rush to outprice each rental as though it were their last. I'm only stating the obvious: sad results of vibrant cities slowly dying decade after decade in our country, USA.
Am a W2 😂😂😂investor with no investment 😂. Good info 👍
I dont understand why a bank doesnt take into account that the home you are going to buy is going to be a Revenue Generating Property….
I want to buy a home with a separate section that is to be rented out that will generate $19,200/year.
My question is that if you are under 25 and is in university and just brought a primary home , but not living there , can I make it a short term rental ??? Help
It sounds good, but reality is that for nonQM loans (DSCR, P&L, etc…) you need higher downpayment as well a decent score..
Being siting and talking as you to get views is easy and to sell “mentorship “
I started investing when I was 27, mostly through sweat equity. I just turned 32 and this last month was the first time that my passive income broke $100k for the month. This is solid advice! DO IT!
You don’t have to get rich quick, you just have to get RICH no matter what. 👍🏼
W-2 worker trying to do my first deal, I make a little less than 100k I have a family of 3 kids and 2 dogs here in Vegas, anyone have any advice
Wow wow wow. WHAT A MOVIE. What an awesome job yall did here 🎉👏👏👏👏👏👏👏👏👏👏👏👏👏👏👏👏👏🥲🥲
When everything started to tank after my retirement, I lost more than $40,000. Not because I was involved in a heated exchange. Because that's what everyone else said, I was just dumb to hold, and that's why. Even while I still have responsibility for my decisions, I now consider myself to be a better investor because I am more aware of the potential pitfalls. I was in the market for more than 3 years before I realized that. I'm happy to have discovered a way to get my money back at approximately $5,000 per week in profits. Many thanks, Mrs. Desiree Madison.
If you buy a primary home, and end up renting it out, how would they know? Asking for a friend 😅 also what is the punishment if caught? Again, for my friend 😅 also when he says buy primary house every year, can you use FHA loan more than once?
Yes you little man play your podcast for yourself and listen to your bullshit how you flipped 550 properties and you owned 500 houses
Give us a break
I think you should keep you great information for as secret
Go and buy those properties
Stop giving us the bullshit
We heard that 10,000 times before
Best regards
We don’t need you information
I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.,.
Wow this opened my eyes. I’m sold! Great video man, thank you.
The Title of this video is misleading ; not at all encouraging.
If you’re broke, the least of your concerns should be trying to buy real estate. You can forget about taking some big risk, you’re putting your name on the line and your reputation.
If I was broke, I’d just live within my means and work hard till I get to a point where whatever dream I have, I can finalize out a plan around it.
Something may have worked for one person but it’s misguided to give everyone that advice and think it’s help.
This was a great video, and super informative. Thank you for sharing what you’ve learned!
Man this man has the real hair cut!
Thanks so much Ryan! I currently live in the Midwest & I’m a w-2 worker trying desperately to get out of working for other people & become an entrepreneur. This video was super helpful
Hello, my fellow Las Vegan! Thank you so much for the infos and inspos you've got me through your videos. I'm really enlightened.
👆🏻👆🏻👆🏻👆🏻👆🏻👆🏻👆🏻👆🏻👆🏻👆🏻”My best and financial breakthrough came from Jason Anonymous Hackers, got a successful 2.5BTC hack transfer from them”
You can only do Airbnb in Vegas if you live in the property
I live in las Vegas and it's hard for me to get a house my job pays me 25 dollars an hour and only qualify less then 300k
I am a W2 person with my third house. I want to move towards a multifamily home but not sure how to approach it.
I like that you are getting more focus into Real Estate tips with your Youtube videos. I really love this video!!!
Appreciated. I'm a beginner that only have two midterm rentals but I want to grow faster.
Bs that’s what this video is BS
Hey are you looking for video editor?
Excellent content Ryan; thank you for sharing it. I want to get start it doing wholesale, lease options, seller financing, and pre-foreclosures to build my foundation and make my first 250K as you mention. Can you help me get going with my foundation? Thank you, Hector!!!
DSCR loans require 20%down and your tag line is buy with 0%down. Clickbait! More internet bullshit. If it seems to easy, it's bullshit.
Simple advice is bullshit advice. Oh just learn how to make 250,000 per year. Da, if you can make 250,000 per year well ya, you'll have no problem buying houses to rent, flip whatever.
all I heard was, "how to be a leech, how to be a leech, how to be a leech".
Bro people talk just to talk you guys have to watch Ben mallah is fucking simple
– your first property should be anything you can afford with a conventional loan 3% down. Live in it for a year cash out refinance use that money to buy another residential property live in it for a year cash out refinance your profit money is always going to come from your cash out refinances that’s how you build up millions
Not, I've tried & all want a high deposit.. Low deposit, then you gotta dump money into them..
Remember, if it sounds good? It's most likely not true or possibly.
Nothing is free
My god. A person telling you to slow down and learn what the hell you're doing. What a breath of fresh air compared to everyone else telling you how easy it is.