The Real Estate Strategy That Turned $20 into $2 Million
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- čas přidán 7. 08. 2024
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00:00 - Introducing Dolf De Roos
03:12 - Dolf's Journey from Engineering to Real Estate Investing
06:22 - Importance of Creativity in Real Estate Investing
09:07 - The Concept of Leverage in Real Estate
13:26 - Uncovering Hidden Value in Property Investment
18:05 - Personal Value Addition to Real Estate Properties
22:30 - Stripping Out Equity from Properties
26:17 - Dolf's Favorite Real Estate Investment Story
30:04 - The Future of Real Estate Investing and Closing Remarks
#realestate #rentalproperty #investing #Taxes #avoidtaxes #paylesstaxes #wealth #tax #realestateinvestment #Markjkohler #KKOSLawyers #markjkohlerLIVE #Entrepreneur #rentalrealestate #taxplanning #smallbusiness #taxlaw
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.
I feel your pain mate, as a fellow retiree, I’d suggest you look into passive index fund investing and learn some more. For me, I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured $30k in value stocks and digital assets, Up to 200k so far and pretty sure I'm ready for whatever comes.
@@magen-b7n That's actually quite impressive...
@@MathiasRicardo- My advisor is VICTORIA CARMEN SANTAELLA;.
You can look her up online ...
Nah I Can't say I can relate, VICTORIA CARMEN SANTAELLA charge is one-off and pretty reasonable when compared to what I benefit in returns...
Mark J. Kohler's videos are a treasure trove of invaluable insights and wisdom! His multifaceted expertise in tax, legal, and wealth management makes him a go-to resource for navigating the complexities of personal and small business finance. Mark's engaging delivery and practical advice have significantly enhanced my understanding of wealth-building strategies .
You mention your advisor & that caught my attention. I'm eager to learn more and potentially seek her guidance. Could you share how I can get in touch with her???.
Thanks so much. I was able to find her page and I already leave her a message!|
I remember in 2007 when I was working in real estate seeing people buy homes new from builders with the intention of selling before close of escrow to a new buyer for profit. The crash was so brutal and fast that I remember seeing a lot of these units foreclosed on with the builder plastic still on the carpet.
Most people find it difficult to handle a fall since they are used to bull markets, but if you know where to look and how to maneuver, you can make a size-able profit. Depending on how you intend to enter and exit, yes.
I agree. Based on personal experience working with an investment advlsor, I currently have $985k in a well-diversified portfollo that has experienced exponential growth. It's not only about having money to invest in st0cks, but you also need to be knowledgeable.
How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?
There are several independent advisors you could research. However, I have been working with “Amber Dawn Brummit for almost four years, and we get along great. If she appeals to your judgement, you could continue with her. I support her.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
Great interview Mark! Just signed up for the webinar and I’ll see you there. $$
Great conversation, and I completely agree. I am a Mom and Pop landlord and want to remind the audience that everything he said is true, but it does take time and hard work to get there. Thanks
Mom & Pop for me too!
I love your channel! Thanks Mark!
Enjoyed the video. Thanks for sharing
The emphasis on creative approaches, like refinancing and renting out properties, showcases innovative thinking in wealth accumulation. Dolf's personal anecdotes add a relatable touch. Looking forward to applying these insights and exploring potential partnerships in the real estate sector.
I’m working on my first 1031 Exchange right now!
Selling a property I have in CA and buying 2-Condos with Garages that have low HOA’s!
I couldn’t be happier to not have to worry about outdoor maintenance!
Live Dolph! That's my favorite book!
2 Geniuses here! Mark and Dolf De Roos, the package deal! 👏
I wonder what advice I might get on what to do with my commercial property. I own a gym, two buildings in a neighborhood that’s going downhill. New gyms
to compete with in my small community of 5000 people. Five gyms now. I was the first. Established in 1991 . Would love to sell the business as it is And someone take over the gym but I thought would have better luck selling the buildings. Tried that for year and no offers so far. My gym business is still open just not making a profit. I would love for it to do well and stay open, but I am tired of doing it and ready to move on.
great conversation and I agree completely. I and my wife own single home family rentals. we have $200,000 left on mortgages. We are now the possibility of maintaining $70,000 annual income by selling and investing in stocks and bonds. How does this work out?
Real estate is a solid investment but demands effort and lacks liquidity compared to stocks and bonds. Long-term market trends should guide decisions.
Real estate investment can be one of the worst investments / headaches u ever get yourself into. Watch it out there this is when the sharks go for the kill, u the small investor is the kill
We need to support rich NY Democrats that never invested one dime to develop any affordable housing
In general RE is a horrible investment for the simple reason they never include carrying costs in the ROI. RE investing makes the broker rich at everyone elses expense.
The days of buy, borrow, and die are gone. Being a landlord is not a passive job. Passive income is putting money in the S&P500, reinvesting dividends and letting it grow. Which it as done at 11% on avg for the last 90 years.
That's funny #4 @23:55 is exactly what Trump did and the government criminally charged him lol
i wrote this before realizing mark referenced it. what a boss
1. No one is refinancing right now because rates are high and their current rates are low.
2. You can only buy a 1 million dollar property with $100k down payment if you have financials showing you can afford a $900k mortgage.
3. This dude talks nothing about risk in real estate
You forget that Comercial properties such as apartments depend on the property income, NOT your credit, the variable is how much down they will require.
You don't get people to buy your books and go to your conferences by telling them the realities, no one wants to hear anything about risk.
I didn’t like this podcast. Helipads, lightbulbs, blah blah blah. I can’t even clean my garage. Too much work.