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S. Y.
Graham Stephan
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Comments by "S. Y." (@synewparadigm) on "Why I’m Not Leaving California | Responding To Comments" video.
You are right, he can always increase the rent on his tenants to cover the raising cost of life in CA.
34
I moved from CO to NH and bought a bunch of properties. Move to another affordable state. Buy a home/building for yourself with 20% and invest the rest in multiples rental buildings.Just PLEASE don't vote in your new state for the same type of people that destroyed CA.
2
You have to explain to your tenants that if they don't pay rent, they will loose their roof because you will not be able to pay your mortgage and lose the building. The bank will sell it to an investor that will kick them out or raise the rent.
2
1. How much inflation do you have? 2. Can a foreigner open a saving account in Vietnam? 3. how easy it is to move money in and out of Vietnam? Thank you.
2
@AndrewNobleOfficial YES. I would recommend you to move 1st and live in the state/city that you want to invest, get yourself a good RE agent at the new place, one that is relatively new in the business, because they are more motivated and also because they will not keep the good deals for themselves. You can also do a 1031 to avoid taxes if you made profit on your house over $500k (if you are married) but you have only 90 days to buy the new property in those conditions.
1
You can do both but you should start just before the end of the Virus crises.
1
Canada also got rid of the 1c.
1
maybe a "dog house", It does not matters!
1
No, it is not. The market will rebounce.
1
Good weather is catching up all over the US, thanks to Global warming😁
1
I definitely think that he should interview other people in his videos as he start repeating himself. You should considered yourself lucky to be born to a mom like yours. My parents were simple people and It took me 30 years of endless failures and aggravation until i made it.
1
It is risky to buy now but everything will renounced faster this time that the last crises that lasted about 4 years.
1
Graham, prepare yourself to work harder to pay for those fat bureaucrats to cover the missing of Billions of $ from their fat pensions: https://www.sacbee.com/news/politics-government/the-state-worker/article241391841.html
1
Why south korea?
1
@NatashaEstrada MLM are great when you joined early. I knew people that joined Nikken in the beginning and they were making a fortune!. A good product is important but timing is more important.
1
What did you buy " strategically into the stock market"? thanks.
1
How is the market in Chicago?
1
Yes, but you need to join a large RE investors club as they are the crowed that will need your services.
1
You get an mail box/address in NV, but spend your life in CA.
1