How To Buy Your First Rental Property (BRRRR Series - BUY)

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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.

[HugoGibbs]

thank you for posting this content! I live in Florida and I’ve been saving for my first BRRRR deal, can’t wait to start

[Mr._Roper]

This video is great, this man knows his shit. Would love to get started doing this here in The Bay Area

[rudranauth.persaud]

Thanks for the great information. I am in a situation where I have to switch jobs and I am thinking of get into real estate. I really enjoy your videos. I live in Canada so it’s a bit different here.

[chrischan]

Hi Thach, thanks for pushing out this content getting a lot of value from them!

When calculating your ARV and comparing to other homes in the area, are you comparing the home type(single family, multi family) or only the amount of bedrooms and bathrooms in total?

[walterguzman]

Thank you for keeping it simple!!! Loved the video from Houston!!!

[steven._lung]

You are the man!!!! Look forward to the next video.

[vour]

Can't wait for the second episode.

[malikovbieko]

Thanks you for continuing to inspire and teach us

[therealljordan]

10/10 Great video, keep em coming bro!

[kennethmartin]

Great video! I started watching your channel a few months ago. You break down everything in great detail bro, thanks 💯

[jle]

I’m gonna need liquid courage to get started 🥃

[kevinhernandez]

🔥🔥 Appreciate you sharing your knowledge 🙏🏻💪🏻

[QUANGNGUYEN-qsbr]

Cảm ơn anh Thạch nhiều lắm, những video của anh rất hữu ích cho nhiều người.!

[Johnhuynhvn]

So valuable all clips you posted thanks a lot, so We are waiting more for your further analysis about the Deal of potential property and how to find it.
Finally how to fund it and what is it efficient way to financing for this BRRRR?

[kb]

I'm in LI, NY. Multifam home prices are 700-850k. Problem I have is even with 250k down. The mortgage is about $5, 300/mo. and only $4, 500 /mo in rent at best. And these are not turn key properties. I appears this market is no good.

[aviationandfabrications]

Could a nicely built 10x15ft shed add home value, on a home with a smaller 2 car garage with limited storage?

[patrickidowu]

Can you please explain financing for these types of properties

[Jinnovation]

Hey Thach would you be interested in a crystal lagoon deal?

[ChineseLanternChannel]

Can you explain how to finance? Where do you get money to buy if the bank doesnt give you enough mortgage? what are some strategies to start and how much money to start?

[mattyice]

Really want to get involved in real estate and love the burrr strategy but how do I borrow the money to buy the property or do I just save cash for long period of time and wait ?