Making $100K/Year by Buying Businesses “No One Wants”

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  • čas přidán 5. 08. 2024

Komentáře • 31

  • @Narxist
    @Narxist Před měsícem +6

    This is a great new direction for Biggerpockets. I would like to hear other uses for my dry powder while i wait for the RE market adjusts.

    • @poonekar
      @poonekar Před měsícem

      This is not new, but the beauty is its simplicity ... when RE opportunities are easier to find, I purchase rentals and other years I just let my cash flow into the stock market. Over the last 20+ years, on average I have 2/3rds of my net worth in RE for the low volatility and tax benefits and 1/3rd in the stock market for the high returns on liquidity. Also in most years, one outperforms the other but since I have both, my overall portfolio has more consistent returns.

  • @gisellmorales5007
    @gisellmorales5007 Před měsícem

    Loved this episode, thanks!!
    What I have learned in the Real Estate business appliess to any and all businesses. I am always thinking about doing something else besides 0:05 collecting rents, which is amazing by the way (!!!). I am starting by opening my mind to different options and I think it is great to have this in Bigger Pockets!! Thanks!!

  • @charleskaufman594
    @charleskaufman594 Před měsícem

    In retail business, the business usually rents the space instead of putting out the cash to own the property.
    If they own the property then they are tying up the cash in the property at maybe a 5% or 6% return. Instead use this same cash to purchase more of your businesses inventory and sale at a 60% or more return.

  • @davidchappelle9135
    @davidchappelle9135 Před 26 dny

    This was a great episode!

  • @melissagreen9137
    @melissagreen9137 Před měsícem +1

    Yeah businesses with labor involved is the safest right now.

  • @phil1954
    @phil1954 Před měsícem +3

    Matt use the word "we" a lot even though he said these were his businesses. Would love to know his partnership structure.

  • @charleskaufman594
    @charleskaufman594 Před měsícem

    Sounds like Matt doesn’t know what business he wants to be in, but multiple are good but make sure you are the best in one before moving to the next.
    Multifamily CF is not just fixed based on unit rent, the unit is the multiplier, if you want more CF then you invest in more units “scale” like any other business.

  • @zeekflash6924
    @zeekflash6924 Před měsícem

    Did he mention , what franchises he bought and what market ?

  • @kamilahowens5291
    @kamilahowens5291 Před měsícem +3

    So you must know your numbers. The numbers have to make sense. Got it.

    • @petninja6320
      @petninja6320 Před měsícem

      Cant stress the simplicity enough tbh

  • @chicago9458
    @chicago9458 Před měsícem

    The same thing is true in real estate…… blah blah running a business. Oh the same thing is true in real estate…… blah blah running a business … The same thing is true in real estate…… blah blah running a business . He’s explaining it’s not the SAME!!

  • @Cashflowsavage
    @Cashflowsavage Před měsícem

    Good info I’m in Denver and numbers don’t make sense people are justifying numbers by saying you are buying future cash flow. I’m stacking paper as fast as I can have my eyes on commercial properties as the next opportunity

    • @vladimirnaumovski987
      @vladimirnaumovski987 Před měsícem

      What type of commercial-real-estate you are considering?

    • @pjsromproom9378
      @pjsromproom9378 Před měsícem

      Talk to a lender because this is actually horrible information

  • @pjsromproom9378
    @pjsromproom9378 Před měsícem +5

    So, I have been told by several banks that you CANNOT do an OWC when you have a mortgage. It's not a thing, I smell BS....

    • @javiers.3433
      @javiers.3433 Před měsícem +4

      What is OWS ????
      Pardon the dumb question…really.

    • @that9blife465
      @that9blife465 Před měsícem

      VA loan may be different.

    • @pjsromproom9378
      @pjsromproom9378 Před měsícem +3

      @@that9blife465 definitely NOT possible with a VA loan. Talk to a lender, this episode is even more misleading and full of disinformation than usual.

    • @pjsromproom9378
      @pjsromproom9378 Před měsícem

      @@javiers.3433 OWC = Owner will carry or Seller financing.

    • @brianarc2
      @brianarc2 Před měsícem

      Have you qsked portfolio lenders? Are you talking specifically, about SBA loans? My family just sold their business with a mixture of SBA loan and seller financing.

  • @bravedream
    @bravedream Před měsícem +1

    Too risky under current macroeconomic conditions. He entered the right time but should be careful. Downturn is coming

  • @juanmercado3931
    @juanmercado3931 Před 27 dny

    This episode was all BS