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Absolute genius video, everyone was waiting for him to say how much he makes in the end but he didn’t, so you rewatch the video to count, that’s retention🧠🧠

I'm in South Africa

Thank you for playing your part in destroying the American dream of owning a home.

Do you need your real estate license to be doing this kind of this stuff here in Los Angeles California?

Yes but after 15 years you own everything, and you have tens of millions😂

Good video. I like that you shared the numbers. It helps put what you’re explaining into perspective.

Vacancy is not an expense

As a property investor in Australia I agree with your assessment. People think that landlords are heartless tyrants raking in rents, nothing is further from the truth. To build up our property portfolio, my husband had to stay away from home sometimes for 2 years at a stretch! We have a party in Australia, the Greens, who are constantly berating landlords, its a fallacious argument when one considers that an age pension paid to a couple over 25 yrars far exceeds any incentives or deductions we get, in short if we are individuals not dependent on the taxpayer for the age pension, we cost them much less!!

Event

Parasite

Parasite

Brother can you guide me how to reach there? I am a equipment rental contractor

This man trying to educate people great video brother. Keep up the good work

I need a home in Colorado

So you’re complaining about clearing $50k a month? If you’re looking for sympathy, you’re barking up the wrong tree.

And inherited massive headaches. You're better off investing in the stock market.

clearly isn’t a secret if you know lol

Explained it well and thanks for the video. You mentioned the cabinets color were slate gray, what about the wall color? Thank you.

And, there are times when you have that one or two tenants that you must evict. Which means, 1,2 or 3 or more months (depending where in the country you have your rentals) of lost rent that you'll most likely never get back. Oh, and you must also make the necessary repairs to bring that unit back to rentable again, especially if you had a destructive tenant. Most, if not all, landlords do end up getting that one or two horrible tenants. Injust spent 28k getting one unit rehab after an eviction.

Im betting its you're insurance thats killing.

Takes home $80,000

So $80,000???

Pay off your mortgage already.

Sell the entire lot you own. Whatever profit you make, go buy only fully paid properties and your life will change as you will be wealthy.

What about taxes from your profits ???

I don't know if he's a decent guy but in my experience landlords are exploitative bottom-feeders.

No thanks...

How can I find diapers properly?

You making honest living. Good luck pal.

That's not 300k in cash

Dave Ramsey a hater. Do your thing and keep it moving. ✌🏾

Buddy you already took out all Mortgage payments you have to do in the first cup so no need to set aside for vacancies

Your paying 30k a month for real estate agents? 360k a year???? TALK SOME MORE BS WHY DONT YOU And if thats really wgat your payments are youd be better off investing in a real estate agency than actual housing

and just when you think your ahead the Country goes BROKE so EVERYONE is BROKE :) Have a nice day

Based landchad, rentoids in the comments coping 😂

Get a real job.

No1 cares!

Slum Lord

i really love your videos! new subscriber :)

Get a job

I'm a preacher on the side too can you send me some money I'm going to I'm a mooch

Dave is like Pre-school for wealth, but these guys are universities 😅

I kind of feel like the maintenance and property management fees could be reduced a bit if youre able to find jack of all trade type managers. Is the $20K vacancy inclusive of bad debt provision? Seems like a high figure.

Great idea well until the Government shuts the country down and stops evictions.

This is the best simplified illustration I've ever seen, awesome video Sam... 😮🎉

😂 yea, and you can't find a cool pair of glasses. Boring real estate pimp.

Why is anyone here saying this guy is part of the problem and part of why rent is so high? Do you know what he charges versus what the market will bear? Some people don’t wanna own they just don’t. If the market will be $3500 right now for rent and he’s charging that only because the market will be it and people will pay it. Why is he a bad guy? Market $3500 and he’s charging 2800. He’s not a bad guy he’s charging what is under Market….. not all landlords are bad people, but anybody who doesn’t have a lot of assets generating income looks at someone who decided to take a couple of risks and acquire rental properties as some evil person without any foundation for it just the ignorant collective argument that landlords are all scum without any proof that all of them are don’t get me wrong some horrible nasty people that will charge as much as they possibly had not fix anything and to raise the rent until they can’t barely decrease when they have too My grandparents started a rental property company made a very good living on it and I know for a fact, they treated their renters with incredible respect and the rents were all very, very fairly priced. They didn’t price anyone they didn’t overcharge when things needed to be fixed, they were there to fix it immediately there was three day waiting some of these complexes. Have they fix stuff they had someone on call all the time and when fixes were needed, they did it. but when any of you sit here and make the claim that landlords are part of the rental problem where is your evidence on that because not all of them are some of them are but don’t just lump all of them into it without having real cost analysis of who is horrible and who is good in terms of landlord ratings !

How much is left?

So your who to blame... I don't know why you thought this would make you look good

Remember kids, constantly take out loans against assets until you are under a house of cards called debt that will eventually collapse ontop of you.... Capitalism