How Ugly Houses Can Make Generational Wealth

[jp]

$4500 a month for something I'm not going to own is insane

[nellosnook]

Thanks Thach! 👍
1. ALWAYS excellent advice!
2. Do you ever hold REI seminars in the Seattle area?

[sauronthegreat]

That ugly house ain’t worth more than $60k

[Dayone-qv]

Honest question Thach. I'm still trying to find a mentor that can guide me through this but, isn't it too expensive. Where I live, I see BIG single house that are only up to 700, 000$ max right, and the rent is around 2000$. Who is going to pay 4500$ to rent this house, even if you flip it, you won't find any suitable buyer. Both rent and final cost of the house after renovation is way to expensive for that small of a house and little space. So my question is, how long does it take you to find a suitable buyer or person renting the property? and also how long will it take you to pay off your mortgage because I don't believe you got rich off of real estate alone?

[ellenwaterbor]

Good luck. Do you know how many investors are unable to sell right now? Compare prices to the future not the past.

[suzanneporter]

Way to mess with property values and drive up everyone's property taxes. Pure greed. 🤮🤮🤮

[Me-vqsy]

America is collapsing. That for half a million, stake of joke.

[MrGoHAM]

Why is Seattle market number so high? Is tech big out there?

[Mili-uq]

Is this kinda busines only working in amerika or everywhere in the world ?cause im also flipping house’s but in belgium … and don’t know if this possible over here …

[TIPUSULTANLYLLPURIA]

He talk rubbish if you buy rundown house renovate it no one you can not get $200k profit do the math rite put all expenses in bank interest cost to buy reno cost dammmm you are spreading wrong info