Comments by "Kong" (@Koushi82) on "Meet The Real Estate Investor With 102 Tenants" video.

  1. Hey I wanted the dog. Dont make me take the shoe I'll kick the dog and run away with it 😛
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  2. Ok let's do guess calculations of 250k house on 3k rent. Per month I did calculations is mortgage of 1200. Management company insurance and repairs estimate: 300 a month considering damages. That is still 1500 a month and after tax deductions and expense I'd say take home is about 1k. For 60000 income. That is 15-20k in take home pay after taxes. Not bad at all.
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  3. .....not in nyc or california. Run away from them. Do not buy million dollar properties will not cash flow very easily. I did rent to value comparisons. No good at all. Leave it for the rich to buy do not touch for investment. Do not even rent them. Waste of money. Vs wage.
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  4.  @Paul-hh4nk  high vs rent. There is no point buying for rent. Cause wage to rent ratio and prop to rent ratio is crap. Kinda like NYC sf bay area and la markets Million dollar homes for craptastic break even returns. You dont make any money when prices of homes go into the millions. Cause 90% of people cannot afford the rent or they pay more than 50% income on rent That is when you get into slum lord scenario
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