
Make MONEY with Real Estate Investing Now
Learn How to Create Passive Income Using Modern Techniques
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๐ฅ Video Timestamp Outline
0:00 โ Intro
0:27 โ Why Should You Start Creating Passive Income?
0:54 โ Who Should Start Investing in Passive Income
1:12 โ Having a Strategy When Buying Real Estate
1:30 โ How to Buy Real Estate at a Discount
2:17 โ Why People Think Passive Income Is a Myth
2:49 โ Why Should You Invest in Real Estate?
3:33 โ What Is Passive Income and Why Is It Important?
4:25 โ Why Is Passive Income Derived from Real Estate Investing a Great Idea?
5:15 โ Forms of Passive Income
6:02 โ Instructor Background
7:01 โ What Other Types of Passive Income Exist?
7:35 โ Benefits of Investing in Real Estate
8:34 โ Should I Become a Real Estate Agent to Start Investing in Real Estate?
9:52 โ Should I Become a Loan Officer to Get the Best Rates?
10:46 โ A Quick Interruption
11:08 โ Is It a Good Idea to Negotiate the Price of the Home?
12:12 โ What Other Terms Can I Negotiate with the Sellers?
13:03 โ Should I Have a Home Inspection Done?
14:05 โ The Inspector Is Offering to Do a Wind Mitigation Report โ Is This a Good Idea?
15:03 โ What If the Appraisal Comes Back Lower?
16:14 โ What If the Appraisal Comes Back Higher?
17:31 โ Is It Still a Good Time to Invest in Real Estate?
22:20 โ Whatโs the Best Time of the Year to Invest in Real Estate?
23:39 โ Renting Long Term with a Security Deposit, First and Last Monthโs Rent
25:10 โ Renting Long Term with a Property Management Company
26:21 โ Property Management Companies vs Renting Your Home Yourself
27:49 โ Airbnb Management Companies
28:50 โ Airbnb Management Company Fees
29:21 โ Having a List of Repair Contacts Ready in Case of Emergency
29:52 โ Important Website Links to Remember
29:59 โ Home Buying Strategy #1: Making Low Offers & Asking for Sellerโs Contribution
30:51 โ Home Buying Strategy #2: Making a Very Low All-Cash Offer
31:58 โ Home Buying Strategy #3: Making a Reasonably Discounted Offer
32:57 โ Home Buying Strategy #4: Making Offers at or Above Purchase Price
33:51 โ Get Your Real Estate License & Be the Buyer/Agent (Earn 3% Commission)
35:05 โ Obtain Both Your Real Estate and Loan Originator License
36:26 โ Getting the Best Deal Possible
37:38 โ Find Foreclosure or Auction Homes and Make Low Offers Until You Get a Deal
38:45 โ Request Section
39:03 โ How to Get the Best Mortgage Rate
39:31 โ Financing Your Investment Home (Part 1)
42:36 โ Mortgage Insurance
43:27 โ Conventional Mortgage Rates
44:25 โ FHA Mortgage Rates
45:35 โ Investor Conventional Loans
47:08 โ Investor Hard Equity Loans
48:15 โ Investorโs Ideal Financing Situation
48:59 โ Set Up the Perfect Offer
49:22 โ Know Your Highest Purchase Price Before Making an Initial Offer
50:50 โ Researching Market Rents for Long Term Leases
51:21 โ Researching Market Rents for Short Term Rentals & Airbnb
52:13 โ Is Airbnb the Best Option?
53:04 โ Offering 20% Below the Asking Price
54:20 โ Asking for a 3% Sellerโs Contribution
55:18 โ Putting a Low Deposit on the Contract
56:24 โ Giving Yourself Extended Financing Approval Time Frames
57:28 โ Making the Closing Date at Least 45 Days Out
58:19 โ Be the Buyer and Real Estate Agent โ Include in the Contract
59:04 โ Mark the Assignment of Contract Option
1:00:22 โ Include a Financing Contingency
1:00:57 โ Include an Appraisal Contingency
1:01:30 โ Coming In with the Lowest Down Payment
1:02:10 โ Using Your Rate to Get a Closing Cost Credit
1:03:17 โ Buying Down an Interest Rate
1:04:45 โ Wait to Pay for the Appraisal Until You Have an Approval
1:05:49 โ Become the Loan Originator and the Buyer to Control the Deal
1:06:31 โ Waive Escrows to Reduce Closing Costs
1:07:16 โ Buy Out the Lenderโs Fee by Including It in the Rate
1:07:54 โ Buy a House Instead of a Condo to Get a Better Rate
1:08:42 โ Close on the Last Days of the Month to Reduce Prepaid Interest
1:09:31 โ Get the Most Sellerโs Contribution Possible
1:10:18 โ Request to Have Your First Monthโs Payment Two Months Out
1:11:08 โ Get a 15-Year Mortgage If You Can Afford It
1:12:25 โ Get a Conventional Mortgage Instead of FHA
1:13:51 โ Get a 27, 28, or 29-Year Mortgage to Reduce Interest Payments
1:14:39 โ What Is Airbnb?
1:15:34 โ Other Short Term Rental Websites Besides Airbnb
1:16:07 โ Buying as a Homeowner to Rent on Airbnb Daily
1:16:45 โ Buying Real Estate as a Long Term Investor
1:17:51 โ Buying Real Estate with the Intention of Airbnb Rental
1:18:43 โ Airbnb vs Long Term Rental
1:20:01 โ What Is a Standard Lease?
1:20:47 โ Commercial vs Residential Real Estate Investing
