Hear me out how about he just invests in stocks and other alternative investments instead of becoming a landlord and relieve pressure on regular people trying to buy homes. We don’t need more landlords
@@cubanthunder69 I agree but I also believe there should be limits to LLCs and individuals in terms of the number of single family homes they can own. Sure you can be a landlord but the idea that multitudes of homes are owned by one person while people want a home for themselves is reprehensible.
I am not sure why people want to own rental properties, if they don’t lever up. The average rental yield is worse than that of an sp500 index fund. If they do lever up, the still high rates will kill theie yield. Am I am missing sth?
Depends on the market, the property, the deal you get on the property, the maintenance costs, whether you are a real estate agent, what tenant(s) you choose/allow to live there, and more, but you can make more money with single family, and it’s got its other benefits like use of the property, it’s physical, REAL property, tax benefits, etc etc etc.
In Ireland u never own ur house so imvestment in property is bs imo i own my home but its never going to be mine honestly if the gov want it they can take it anytime for roads or war or whatever 👍
Does that mean try to pay off the house as soon as possible and keep your debt on the rentals rather than your own personal property? Just wanted to clarify!
Think they mean take out the max mortgage loan on all the rentals so you can use that to pay off your primary house mortgage. The mortgage interest payments that you pay on your rental properties can be written off as business expense to lower your taxable income to pay less taxes on the rental revenue.
@@yourdailydoseofcatsanddogs9050even if you don’t believe that He rose from the dead, we have proof that He existed. Nobody denies that He never existed
@@reno2934 Read basic economics by Thomas Sowell. Homes are not expensive because of landlords. Also look up Japanese building regulation and their house prices.
@@dexuwastaken7079 Thing is, you’re just broke, and feel really bad about it, so you go online and try to group people into your broke camp so you can sleep at night. Thankfully I’m not broke, sorry for your struggle though.
I own one rental property and I hate it. Selling next year and just investing in s+p etf. Screw this hassle and damage, non payments, calls in the middle of the night, emails with sob stories every month, etc etc and my family are my tenants. I could only imagine strangers.
Are you serious? Geez man, Yeah sell that crap dont stress yourself out like that, and only keep a residence for yourself and thats all you need pretty much
Good strangers are wayyyyyyyy better than family. My dad has had both, his own family as tenants and now strangers. Strangers are easy to deal with because they expect no favors, as long as you do the proper checks and stuff, they’ll be some of your best tenants.
@@ratedrgamer4370 Except that the mortgage on the house is less than 800/mo and when I sell it, I have 150k (possibly more if the housing prices go up, which is inevitable) in equity. Not too bad planning imo
Nah, I’ll stick with ETF’s and minimize real estate outside my house and rental. (ETF’s typcially are stocks anyway btw). My ETF’s are far ahead of real estate and all my money isn’t tied up in non-liquid assets in a single sector.
man I know a lot of people who own properties and rent. They say once they stop paying rent you have to pay thousands to get them out, and then also it takes years to get them evicted aswell.
These are the people i have a problem with. Just buy up real estate so people can’t have homes, then when they want one, charge them an arm and a leg for a amall condo attached to an HOA just so you can make a buck
Real Estate business is like dugs, once you get hold of it, you just can’t get over it. It’s the poison people will happily swollow at the cost of their life.
Paying off your house is much safer and a really good play. Instead of getting the extra cash from the overhead of rent over the morgage, might as well pay off your house first and save the whole morgage every month -_-
Oh I’m starting to see a pattern, many content creators / influencers, getting into renting property’s and suddenly there’s a shortage of affordable homes, so strange.
Nowadays most People don’t own a House 100%,People pay mortgage but on his situation its all Business especially if its only for renting out and rent is very expensive nowadays
These guys always have cash. But when you actually use that cash reserve to buy investments when the time comes, where do you then free up more cash to have it in reserve?
Glad he brought up his mortgage before saying he owned it. If you fail to make a payment on something and someone has the power to take that away from you, then you don’t own it.
skibidi toilet
me luv Skibidi rizzler
Yh I’m getting a 3.5 for 20 so ez save
Still tryna figure out if you’re talking about a interest rate or drugs 😂😂😂
@@slimm7848 I think he is saying he is not getting a house with 3.5% down for $20 …. So he has to save a lot more.
I don’t think drugs 👀🤔
Probably stardog bruv
@@slimm7848he’s saying that he has a 3.5% for a 20 year mortgage
@@roach7191star dog u must not be from Cali lol
Hear me out how about he just invests in stocks and other alternative investments instead of becoming a landlord and relieve pressure on regular people trying to buy homes. We don’t need more landlords
He is one person. How about go after hedge funds like black rock and prevent them from doing so.
Also, make the economic environment friendly enough to produce many homes at low cost so it is more affordable
If you ever decide to buy another house, remember this and NEVER rent it out. Just let it rot to the ground.
Welcome to capitalism pal. If you don’t like how things work, you’re more than free to move to Cuba or North Korea.
@@alvaro93364 strongly I’d buy a home to live in it 🙂
@@cubanthunder69 I agree but I also believe there should be limits to LLCs and individuals in terms of the number of single family homes they can own. Sure you can be a landlord but the idea that multitudes of homes are owned by one person while people want a home for themselves is reprehensible.
Zach King can just use his camera magic to double his money💰 💴
That wouldn’t work. His magic isn’t actually real
@@eoghanreynolds7612no way 🤯
@@eoghanreynolds7612 no way mind blown 🤯
hmm didn’t know that, thought it was real 😔
House should be paid off
Dave Ramsey?
Why? paying off a house early is often not a great investment.
If your interest rate is less than you can get in the market then no you shouldn’t pay it off.
He can just make money appear why is he investing ?
Brokie detected
I am not sure why people want to own rental properties, if they don’t lever up. The average rental yield is worse than that of an sp500 index fund. If they do lever up, the still high rates will kill theie yield. Am I am missing sth?
Yes
Depends on the market, the property, the deal you get on the property, the maintenance costs, whether you are a real estate agent, what tenant(s) you choose/allow to live there, and more, but you can make more money with single family, and it’s got its other benefits like use of the property, it’s physical, REAL property, tax benefits, etc etc etc.
Yeah good for Rich people who want tax benefits because you can operate “at a loss”
S&p500 only been around a few years and is predicted to crash
Do you think it would be popular if it wasn’t profitable?
Out of context, this man’s eyes are beautiful. 😮
Ayo!!! 😂
😂 you don’t hear that about brown eyes often
bro, you’re beautiful too💙
@sareykim Thank You man. Appreciate that 🙏 that’s it, everyone in this comment section is BEAUTIFUL!!
This guy is a Legend, he deserves everything good that happens in his life.
Real estate is a joke.
How? Lol
Nah. You just have to stick with it for a long time.
@@nathanbruegels&p beats RE, but diversity is always good
Nah s&p beats the usual rental, but if u have keen eyes, 10% stable cashflow is doable.
In Ireland u never own ur house so imvestment in property is bs imo i own my home but its never going to be mine honestly if the gov want it they can take it anytime for roads or war or whatever 👍
What
How does that work? It’s doesn’t make sense
@@morelamike2107The government has a big gun so they take it. USA is similar.
Rental…so the next pandemic..ppl are going to pay rent?? The govt will bail him out??
How do you know if there will be another pandemic any time soon
Pandemics happen every 100 years.
You have a mortgage on your primary residence? I keep debt in the rentals. Expense the interest.
Huh. Never thought of it that simply. Thanks
Yessir!
Does that mean try to pay off the house as soon as possible and keep your debt on the rentals rather than your own personal property? Just wanted to clarify!
Think they mean take out the max mortgage loan on all the rentals so you can use that to pay off your primary house mortgage. The mortgage interest payments that you pay on your rental properties can be written off as business expense to lower your taxable income to pay less taxes on the rental revenue.
You can actually remortgage your house and if that capital is invested, then your interest becomes deductible on the house.
Basically has to be rental or else they won’t make it either
Jesus loves you
He doesnt exist
@@yourdailydoseofcatsanddogs9050even if you don’t believe that He rose from the dead, we have proof that He existed. Nobody denies that He never existed
Hail Satan 😊
@@uncleandy7983you’ll regret that one day
@@uncleandy7983 Doesn’t exist either
That man either a genius or has a great financial advisor
Yeah this guy once delinquencies start rising is fucked.
Please explain
@@Isaac-po2fb people stop paying rent
fucked short term, not really an issue long term if you don’t sell every property. If anything that’s good for depreciation.
@russellthescout depreciation only reduces your taxes by a fraction and should never be the reason to make any financial decision
Him: Relestate
Me: Scrolls to next video
Landlord mooch, nothing new
Providing a consensual service that the renter wouldn’t otherwise have access to without a landlord willing to rent it out.
@@MoeSyzlack1 people could actually buy their own homes before landlords hoarded them all.
@@reno2934 Read basic economics by Thomas Sowell. Homes are not expensive because of landlords. Also look up Japanese building regulation and their house prices.
@@MoeSyzlack1 houses should be for people to live in, not for making money. But so many people would sell their kids for their own comfort.
Landlords provide housing as much as a scalper provides concert tickets.
Read adam smiths “wealth of nations”, landlords are parasites.
@@reno2934 I also recommend Adam Smith
Same
That 10% in cash can be done a little more efficiently than just in a hys account especially if it’s being deployed to purchase real estate
He probably has a tbill ladder and money market accounts too.
@@martinlutherkingjr.5582 even with that strategy there are better ways to go about it.
He gonna get smoked
I some financial break down!
I like how every financial guru online makes it seem like you can just go by rental properties as easily as going to McDonald’s
Well, if you make as much as they make you can
You can. You’re just broke so the idea of money is skewed to us broke people
@@dexuwastaken7079 Thing is, you’re just broke, and feel really bad about it, so you go online and try to group people into your broke camp so you can sleep at night. Thankfully I’m not broke, sorry for your struggle though.
And the reason we can’t afford housing is because they treating housing like investments.
@@erice3525 which they are.
He looks funny
He looks funny, like an unnatural mix 🧬
I invest monthly: 70% rent, 15% food, 15% clothes
You’re doing smth wrong
I hear broke
Certified baller
U every month buy new clothes?
Why are you buying new clothes every month?
sonic coin sound
I own one rental property and I hate it. Selling next year and just investing in s+p etf. Screw this hassle and damage, non payments, calls in the middle of the night, emails with sob stories every month, etc etc and my family are my tenants. I could only imagine strangers.
Are you serious? Geez man, Yeah sell that crap dont stress yourself out like that, and only keep a residence for yourself and thats all you need pretty much
Good strangers are wayyyyyyyy better than family. My dad has had both, his own family as tenants and now strangers. Strangers are easy to deal with because they expect no favors, as long as you do the proper checks and stuff, they’ll be some of your best tenants.
Yeah you got it backwards. I’d rather deal with a stranger then anybody in my family lol
You did a horrible job planning it seems
@@ratedrgamer4370 Except that the mortgage on the house is less than 800/mo and when I sell it, I have 150k (possibly more if the housing prices go up, which is inevitable) in equity. Not too bad planning imo
If you are in your 20s invest money in yourself
That compound faster that anything.
Yea, this advice is for established people only
Nah, I’ll stick with ETF’s and minimize real estate outside my house and rental. (ETF’s typcially are stocks anyway btw). My ETF’s are far ahead of real estate and all my money isn’t tied up in non-liquid assets in a single sector.
man I know a lot of people who own properties and rent. They say once they stop paying rent you have to pay thousands to get them out, and then also it takes years to get them evicted aswell.
bs
I used to like him, but idk anymore guy doesn’t have personality at all he feels generic in all his interviews
Brother he’s being interviewed about his investment portfolio l. You want him to pull out some visual effect magic trick?
This bro nothing about stock graham. He was saying a big bear is coming when the stock market was bottoming
Ok great now follow Jesus🎉
Shite investment strategy
He must really trust the government if he’s got that much real estate.
my thoughts
70%rent 30% food 50%bills
Foolish
These are the people i have a problem with. Just buy up real estate so people can’t have homes, then when they want one, charge them an arm and a leg for a amall condo attached to an HOA just so you can make a buck
That’s life bro
Would rather it be him than black rock
Well complain to your government it ain’t his problem🤷🏼♂️
Maybe start working yourself to buy a house?
“Oh no it’s too hard, why government just not give me money for free😭”
I have a home. Im just making a point that i see that a lot in my area
he owns one rental property 😂😂😂😂
50% sea. 50% weed
Real Estate business is like dugs, once you get hold of it, you just can’t get over it. It’s the poison people will happily swollow at the cost of their life.
Cash reserves waiting to buy have historically shown to be a bad move. Invest the money
“Do you own your house?”
“I pay mortgage on it.”
Ikr he should just pay it off
No bonds.
People like this is why no one can afford a house.
Mine is 70 real estate, 20% Bitcoin and 10% cash.
Paying off your house is much safer and a really good play. Instead of getting the extra cash from the overhead of rent over the morgage, might as well pay off your house first and save the whole morgage every month -_-
why? his investments are making more interest unless he has a bad rate, the only reason would be for safety and peace of mind
This is very relatable
Oh I’m starting to see a pattern, many content creators / influencers, getting into renting property’s and suddenly there’s a shortage of affordable homes, so strange.
No bro, you just live in California 😂
It’s people with money listening to people that want their money. They’re following the path that has already been used. It won’t work forever
There’s a shortage because they don’t build enough. Any other reason people give is idealogical bullshit
You think influencers are preventing you from buying an affordable house?
You misspelled Blackrock
Bruh doesn’t even own a house lol it’s all debt
Nowadays most People don’t own a House 100%,People pay mortgage but on his situation its all Business especially if its only for renting out and rent is very expensive nowadays
Too defensive portfolio for young man
🔫 😂😂😂
I invest 90 percent on cyrpto. Already made 3x
How interesting your time in Jesus Christ
Jonh 3:16-17
Too much RE
Zack King: from internet meme creator to fueling the housing crisis
Ones who work hard- buy house.
Ones who do nothing- cry about others buying houses.
Nothing changes
This is bullshit. That guy can magically double his money
I will never understand why people love to keep debt on their stuff
Don’t listen to a magician on investing
I also spent $18 on this hat pre interview
Thanks for posting this content I needed help going to sleep
90%gold😂
Dudes loosing on gold and silver right now
If I were his dad, I would be superproud of him doing a great job, but I would also hope him to speak a little bit of a less geh way. 😅
This is bs
So he’s a landlord
This is why regulation is necessary
Zack King is doing payday loan ads on Instagram. Not cool.
Someone stole my identity in your comment section
Imagine paying a mortgage 💀 sounds broke
Im investing in **FX** and buying land from **Established titles**
Imagine caring about what anyone else has got. Your not having any of it
15% etf is nuts
Do more
I can hear someone say, Debt.
I feel like the guy was making up the numbers as he was thinking
All of it rental lollll
And the craziest part is he’s living well above his means
So in reality, there is no reason to increase rent prices.
These guys always have cash. But when you actually use that cash reserve to buy investments when the time comes, where do you then free up more cash to have it in reserve?
Couldn’t get an investment professional on?
I do the same but $700 rent, 150 food and $150 personal care.
I spend almost 100% on trying to survive and the rest on student loans
30% Starbucks 20% Macdonalds and 50% beer
“Oh good” you’re a landlord making money off of people trying to afford a place to live. Lovely… -_-
And what have you done for the community?
He knows
Glad he brought up his mortgage before saying he owned it. If you fail to make a payment on something and someone has the power to take that away from you, then you don’t own it.
Real Estate is not as good as you think. Unless you are going hold for a lifetime, the values plummet twice faster than you can sell.
and a 100% reason to remember the name
I invest:
As much as I practically possibly can to over pay on my mortgage.
The rest gets split between. Cash ISA. And my kids ISA. And pension. Which are tax free.
All these people who play stocks game and leverage their assets before getting debt free are bonkers.
I’m 39 and my mortgage is nearly paid off
This looks like satire
I invest in 50% sea, 50% weed
Bro should flip real estate and stocks. Thats how you end up in poverty after next 2008.