5 Golden Rules of Real Estate Investing

Thank you for watching!

Thach Nguyen has come a long way since arriving in America at age 4 with his parents, four brothers, and sister in 1975. Focus, drive, determination, and great mentors paved the way for him to go from a homeless refugee to a multi-millionaire.

Thach is the CEO & Founder of Thach Real Estate Group and principal of Springboard to Wealth. He is not only a seasoned realtor, investor, coach, author, and speaker, but also a proud ambassador of the American Dream. During his 30 years in the real estate industry, he has built more than 300 homes, townhouses, multifamily units and completed over 100 flips, and owns over 100 rental properties giving him over $100,000 a month in passive income. Thach and his team have assisted more than 1,500 families to create their own American Dream of home ownership, ranking him in the Top 1% of all real estate professionals nationwide.

[taxuantrung]

The truth is with this recent economy Everyone needs more than their salary to be financially stable. The the best thing to do with your money is to Invest it rightly because money left for saving always end up used with no returns....

[Tylermckenzie]

Real estate is the only investment strategy for wealth that’s made sense too me, thanks for all the info I plan to make my first buy on an investment property this year!

[Jason-V]

Thach is a real idol. This guy literally changed my life and mindset

[rillawhat]

" Being wealthy is trading your money back for time " 👍🏾

[randotbalot]

Thank you for sharing Tach, very informative.

[jeremyepstein]

"know your market" is so important. There are all these nonsense YouTube channels trying to give advice on real estate by looking at national trends but never talk about how local it is. You MUST know what's happening locally. The US is such a big country that what is happening in one market can be absolutely different in another.

[KaayJaay]

Like a BOSS!!!! Agree. Buy in A and B. Awesome schools. Low crime. Greatest ROI on rents

[alexm]

I watched a few of your other videos. This one, in particular, is the one that made me click the SUBSCRIBE button. Good video.

[justinq]

Rule #2 is a great point that I’ve never put thought to. Lets say you’re making $200 cash flow on a $1mm property and a $100k property. They shouldn’t be treated the same as the $1mm property will bring significantly higher equity as the tenant pays let’s say $3400 a month in principal vs $400-500 on a $100k house. You’re accumulating significantly higher equity stake every month

[jeffmack]

Probably one of the best videos I’ve seen on real estate advise from someone who actually lives it. A lot of BS out there. Thatch, you mentioned making a lot of money is important to make those down payments. Can you make a video on how to make and save more money and how you were able to buy so much property early on? How hard were you working, did you use a hard money lender early on, did you house hack to save on rent?

[risa-ru]

What does it mean to buy "right"? How do you know what is right?

[myjourney]

Can you make video sharing how you choose contractor work for you ? And how you manage your rental properties with so many properties it’s so hard to manage it good in my situation

[cityparkproperties]

I agree that you hold on to the properties in better area with higher rents. However, if you know the property is way under market, has a value add component, AND it cash flows around at over the 2%, I’d buy that (and did). I forced appreciation and could now sell and buy in an area with higher rents. I may or may not, but now, I have options and about 60% equity.

[bensantos]

Instead of Good Appreciation Rules of Listings: A, B, and C you should add one more rating which is N for lowest, which no one should invest in or ever see a return.

[amandahaataia]

Curious if you could elaborate on “buying right”. I’ve listened a lot to BiggerPockets, but curious how YOU evaluate a deal

[sinadawin]

Please tell me how to buy properties under market value, sir.

[evaristokayama]

I know what to do the challenge is START UP CAPITAL to establish a business to start earni income, keep then multiply by investing so please help us as well

[YasinNabi]

Financial peace isn't the acquisition of stuff. It's learning to live on less than you make, so you can give money back and have money to invest. You can't win until you do this. --Dave Ramsey.,

[mylespetersen]

Hi Thach, which is the best business model to start flipping and accumulating rental property, especially for tax purposes. Please assist. I live in South Africa.

[omargavarrete]

Hey l live in California l wanna invest in rreal state should l start in California or out of state