HOW MUCH HAVE I INVESTED IN REAL ESTATE 2020

TL;DR

Ricky shares insights into his real estate investments, from hard money lending to property flips, offering valuable learning experiences.

Transcript

who are you what's going on team it is Ricky with taghut solutions and I made a video last week sharing that I had a million dollars a little bit over a million dollars invested in house flips so one of the first things that I want to stay with in this video is those million dollars are not including this property that I have as like my primary res... Read More

Key Insights

• 🤑 Ricky's investments as a hard money lender yield a 12% yearly return, providing monthly profits.
• 🤗 Funding properties for family members, like his sister, enables hands-on learning in real estate.
• 💦 Working with experienced investors educates Ricky on various aspects of property flips and investments.
• ❓ The diversity in property values funded by Ricky offers insights into different market segments.
• ✋ Learning from challenges in higher-value property flips expands Ricky's understanding of the real estate market.
• ❓ Selectivity in partnerships and investments reflects Ricky's cautious and strategic approach.
• 🖐️ Ricky's social media following plays a crucial role in connecting him with experienced real estate agents.

Questions & Answers

Q: What is hard money lending, and how does Ricky engage in this practice?

Hard money lending involves lending money to real estate investors like Ricky, bypassing traditional bank loans for house flips. He works with top agents, earning a 12% yearly return on investments.

Q: How does Ricky involve his little sister in real estate investments?

Ricky funded a property for his 19-year-old sister, allowing her to shadow an experienced investor through the house flipping process. This hands-on learning approach aims to spark her interest in real estate.

Q: What insights does Ricky gain from funding different property flips?

Ricky learns the nuances of rehabbing and flipping properties of varying values through his investments. He gains valuable experience and knowledge by working with experienced real estate professionals.

Q: How does Ricky balance profit-making with learning experiences in real estate investments?

Ricky combines earning monthly returns with learning from top real estate agents, creating a win-win situation where he gains knowledge, profits, and facilitates learning experiences for his viewers.

Summary & Key Takeaways

• Ricky discusses his million-dollar investments in house flips as a hard money lender, working with real estate agents in Arizona.

• He shares details of three properties he funded, including terms, profits, and lessons learned.

• Ricky emphasizes learning from experienced investors while earning monthly returns and introducing his little sister to real estate.