Kobe Xin - Global eXp Growth Leader’s Post

Property investors - A client was a little suprised with my response when talking about selling a property and putting the proceeds into super........ They've gone through my youtube and watched my journey through some of the major property investment podcasts. When we sat down and talked through his scenario. Over the age of 50. Plenty of asset base and equity across 5+ properties. Limited amount in super. That property had no debt on it and it was capped on its growth to the short to medium term. Under the super contribution cap the last 5 years. I agreed it was a good play. My reply - fuck it off - good conservative decision. They thought i wouldnt like the decision as its not another play into property. You always have to match their goals and objectives and then talk about the pros and cons. I may have answered different 2-3 years back. It will reduce your cgt. Just make sure you speak to your #accountant or #financialplanner before you execute on it. 5 x years backdated up to 25k and 27.5k cap for him and his wife could add up to over 200k extra in super. And less CGT to pay. Perspectives change over time. At times you have to play defence. If i could of gotten all my granny flats on my 8 properties end of 2022 id be sitting here with all of those properties cash flowing. But no the 3 apps didnt work as the rates kept going up. So now im selling everything slowly out of my joint name and rebuying in #trusts. Things happen to you. Then you make the next best logical choice to meet your goals and objectives. #playerlife

Could This Be The End Of The Due On Sale Clause Many investors are more aware of the Due On Sale Clause these days with the rise of Subject To investing and various other creative real estate investing strategies. It is always looming in the background as a potential risk of the lender activating the acceleration of the loan. This has been looked at in regards to the lender trying to protect their investment but WHAT IF part of what they are doing is actually HURTING the housing market at this stage of the game? In this clip from The A Game Podcast our guest Jason Hartman gives an original and fascinating take on this subject. Thinking of the Due On Sale Clause from a very unique perspective as a solution to our affordable housing and low inventory problem today could be the next big move in the industry. Don’t forget where you heard it first and check out all of Jason’s fantastic information based on data and decades of experience on his podcasts and social media challenges all linked in the show notes! Check out Jason, the https://lnkd.in/egqbHbpg and his amazing podcast Creating Wealth Real Estate Investing. Don’t forget to see the show notes for details on his upcoming “Ultimate Investors Voyage: Making Money On the High Seas.”  This is a unique opportunity you will not want to miss! Link in bio for full episode please listen and subscribe and check the show notes out to connect with Jason and Nick Lamagna. Looking for your FIRST or NEXT real estate deal? DM us “Real Estate” or text the same words to 516.540.5733 to discuss options to work together today. #sub2 #subjectto #housingshortage #realestatemarket #affordablehousing #lowinterestrates #interestrates #affordability #pacemorby #sellerfinancing #creativefinancing #assumableloans #dueonsale #acceleration #empoweredinvestor #jasonhartman #creatingwealth #realestateprofessional #realestateinvestor #realestateinvestors #investingtips #economics #realestateopportunities #marketopportunites #investingopportunities #passiveincome #realestatepodcast #entrepreneurtips #realestateadvice #familymastermind

The truth about flipping houses 🏚️🔨 Here are some tips so you can make more money renovating property and get a high ROI from your hard earned savings. Flipping houses can be profitable but it also has risks. If it's your own cash you're investing to make the purchase, ask yourself will the interest you make actually be worth the risks associated? The real money in flipping houses is made when you buy the property 🏷️ A low purchase price at the start will reduce your investment costs and increases the profitability on the property renovation. FREE 60 MINUTE FINANCIAL FORTRESS MASTERCLASS : Online This Thursday @ 1pm Do you already earn over £100,000 a year? If so join us for a FREE Financial Fortress 60 Minute Masterclass online with Daniel Hill this Thursday 28th March at 1pm. Click the link in my bio now or click the link below to secure your spot: https://lnkd.in/gHVHYYN2 If you’re in property and want to know the best strategies to use in 2024, follow my page and join The Blueprint podcast listeners by visiting https://lnkd.in/g-gbMPQa. #financialfreedom #property #investing #investments #money #wealth #business #entrepreneur #financialfortress

EP. 1215 CASH CASH CASH BABY... WITH PROPERTY 💰 Ever been bamboozled by the term "cash" when it comes to buying real estate? Join us as we, alongside my savvy colleague Zanthany, unravel the true meaning of cash transactions in property deals. Get ready for a session filled with lightbulb moments as we break down the cash concept, from the initial vision of wheeling in dollar bills to purchase a home, to the current landscape where cashless deals reign supreme. Whether you’re a greenhorn in the real estate game or just looking for some juicy insider knowledge, this episode is your ticket to understanding the power of "cash" in property negotiations. Zanthany takes center stage with a tale of a client wielding "cash" as a negotiation sword, aiming for a cut in the property price. We explore the allure of cash deals to sellers and the legal tidbits you need to know when handling hefty sums. We don't just stop at clarifications and anecdotes; we also peel back the layers on the impact of living mortgage-free and the tax implications that can come with owning your property "in cash." If you're curious about how to leverage your financial position in the real estate market, this episode is packed with insights that are worth their weight in gold. https://lnkd.in/gH2urf9u

Should you borrow money for your first real estate deal? 🏡 We’re not talking about taking an interest-free loan from your mom; we mean using “private money” to finance your investment. This type of investment property financing is usually reserved for the more experienced investors, but is it a bad idea for someone with such little experience? Is there another way to finance your first deal that gives you more wiggle room if you make a mistake? 😬 This is just one of the BiggerPockets Forum questions we’re answering today from investors like you. One investor on her second rental wants to know whether bankruptcy or late payments is an immediate red flag in a tenant application. She’s struggling to fill up her property, so should she take on a tenant with sub-optimal finances? Finally, Henry the house flipper shares his thoughts on the 70% rule and gives his own house-flipping formula you can perform on the spot to see if your deal is a steal! Excerpt from BiggerPockets Podcast Episode 1052, Speakers are Dave Meyer and Henry Washington 🫶 #realestate #realestateinvesting #realtor #realestateagent #finance

Should you borrow money for your first real estate deal? 🏡 We’re not talking about taking an interest-free loan from your mom; we mean using “private money” to finance your investment. This type of investment property financing is usually reserved for the more experienced investors, but is it a bad idea for someone with such little experience? Is there another way to finance your first deal that gives you more wiggle room if you make a mistake? 😬 This is just one of the BiggerPockets Forum questions we’re answering today from investors like you. One investor on her second rental wants to know whether bankruptcy or late payments is an immediate red flag in a tenant application. She’s struggling to fill up her property, so should she take on a tenant with sub-optimal finances? Finally, Henry the house flipper shares his thoughts on the 70% rule and gives his own house-flipping formula you can perform on the spot to see if your deal is a steal! Excerpt from BiggerPockets Podcast Episode 1052, Speakers are Dave Meyer and Henry Washington 🫶 #realestate #realestateinvesting #realtor #realestateagent #finance

Should you borrow money for your first real estate deal? 🏡 We’re not talking about taking an interest-free loan from your mom; we mean using “private money” to finance your investment. This type of investment property financing is usually reserved for the more experienced investors, but is it a bad idea for someone with such little experience? Is there another way to finance your first deal that gives you more wiggle room if you make a mistake? 😬 This is just one of the BiggerPockets Forum questions we’re answering today from investors like you. One investor on her second rental wants to know whether bankruptcy or late payments is an immediate red flag in a tenant application. She’s struggling to fill up her property, so should she take on a tenant with sub-optimal finances? Finally, Henry the house flipper shares his thoughts on the 70% rule and gives his own house-flipping formula you can perform on the spot to see if your deal is a steal! Excerpt from BiggerPockets Podcast Episode 1052, Speakers are Dave Meyer and Henry Washington 🫶 #realestate #realestateinvesting #realtor #realestateagent #finance

Creative PURCHASE and Sale strategies are awesome. There is always a way through a challenging situation. We used Rent to Own to purchase multiple investment properties AND OUR FAMILY home that we still live in today. (and I don't mean to brag....... But I had a 420 credit score when we started rebuilding in 2010 . So that's a major accomplishment.) Enjoy this recording on Rent to Own. I hope it helps you think outside the box. Here is the Rent to Own Recording with 3 strategies 1. Sandwich lease option 2. Lease to own (what the realtor is advertising) I lived in an house like this as a stepping stone to my next house. 3. Tenant First strategy (where YOU pick the house and an investor buys it for you) THIS IS HOW I BOUGHT MY HOUSE AFTER BANKRUPTCY and with a 420 credit score https://lnkd.in/gYNZrtfk

Jimmy Au (@thejimmyau) helps us bust the myths of Section 8! Jimmy shared some BIG secrets and TACTICAL steps on how to get a 'partial claim' (i.e., something that is MORE ADVANTAGEOUS vs the typical loan modification method)! On the latest "Affordable Housing.& Real Estate Investing" podcast, we went DEEP to provide you with as much value as possible! We covered: - How Jimmy quickly realized that the emotional income and fulfillment is what really matters! - How you can really help better family's lives through real estate! - What is a partial claim and how did Jimmy apply it to a deal to lower his group's entry fee / investment? - How to underwrite and analyze a creative finance deal? Why is Affordable Housing so hard to solve for? DISCLAIMER - ALL INFORMATION & DETAILS SHARED ARE MEANT TO BE FOR ENTERTAINMENT PURPOSES ONLY. THIS IS NOT LEGAL, FINANCIAL, INSURANCE, OR INVESTMENT ADVICE. THIS IS NOT A SOLICITATION FOR ANY INVESTMENTS AND SHOULD NOT BE CONSTRUED AS SUCH IN ANY FORM. All investments have risks. This is not an offer to purchase securities. Please consult with your own financial advisors, attorneys, or insurance representatives before making any decisions.

A national license can transform your real estate career! A national license enables agents to quickly get licensed in multiple states, making business expansion easier.🏡 Tune in to The Lendsetter Show podcast to learn more about real estate licensing and other business-relevant topics from more inspiring guests. 🎙️🔥 #RealEstate #NationalLicense #BusinessGrowth #ScaleYourBusiness #Licensing #RealEstateTips #EntrepreneurLife #PropertyInvestment #BusinessExpansion #RealEstateSuccess #MultistateLicense #ProfessionalGrowth #TheLendsetterShow #RealEstateAdvice #RealEstateCareer