How and Why I Started Investing in Real Estate... Lamborghini Motivation!

In this video I answer a subscribers question about how I ended up getting into real estate to able to afford a Lamborghini Gallardo and other nice whips. So my lovely daughter Chooch follows me around as I explain how I got my start into investing in real estate. Renting and flipping properties.... Many people asked how I got started in real estate and I have been recommending this book: http://amzn.to/2ledYwF Also please subscribe to my channel if you like this and want to see more!

Comments

1. im very inspired by you man i appreciate all you've done. i honestly wanna do the same thing but i dont lnow where to start i need help on starting my own business. if ypu wpuld email me an help me it qpuld be a plesure to talk to you. my email is cs2395@gmail.com.
2. Hard work pays off its nice to see someone who a realistic representation of that
3. Please nice straightforwardness no bs at all THANKS!! And I'm assuming a real estate license isn't necessary rite how was your neighbors house financed that u bought
4. Really inspiring man. Im 21 and your path is really similar to the one I plan on taking. Question tho. Little personal so I wont be offended if you don't wanna answer, but approx. how much did u have saved up before you really started buying all of these properties??
5. you worked your ass off and your humble ...the world is yours!!!
6. Wow Bro, salute. While I was out messing up you were focused. Now at 40 I began to see how to set things up correctly, thanks for posting some of the realest videos I've seen period. How can I contact you
7. I respect your grind and hustle..I'm in a very similar situation as you..I'm got into the market around the same time as you. I got in during 2008. I bought my first home for $260,000. Then I purchased 4 homes for 25,000 in a tax sale which they hold each November in my state..like I said i got all 4 properties for a total of $25k. and now I rent them out and make over 2k per month from rental income from the 4 properties.
   
   I graduated college with a degree in accounting. so the number part has always been easy.
   
   I'm commenting because I actually just moved to columbus. I bought a hire rise because this is where my girl of 10 years has her career. she is a CPA and can't just move around like I can.
   
   any areas you recommend for someone trying to get into the market here?
   
   thanks.
8. Ya
9. don't they charge you more money if you rent someone a house on taxes?
10. Love your videos Bruh. Very inspirational. Thank you giving back and trying to show us the game! I was recently laid off and really want to learn this skill. Bye the way, I love the music. It keeps the videos from becoming mundane.
11. You love cars but you only got one? GTFOH Tai Lopez
12. this is a cool vid..the music is pretty distracting though..I love real estate..I invest in a bunch of REITs and my family does commercial real estate.. projects ranging from from 25 to 75mm..are you worried about rates going up? 30 day libor is moving up as the fed keeps raising rates. I like the depreciation​..macrs and straight line and 1031 exchanges and loss carry over...I like the rental income aspect of long term leases. are you finding the flipping is harder as many markets are bubbly..I love your work ethic..keep doing what you are doing
13. Mr. Moss, please share some advice in the area of financing. I currently have one rental and am looking to get another. When the banks hear I want a loan for an "investment", suddenly all the terms change, as well as the down payment. Is there anyway to avoid this (other then paying cash) or is it worth jumping through the proverbial hoops? Any advice would be much appreciated. I enjoy your videos, you seem like a nice guy.
14. Figuring out taxes when constantly buying and flipping homes as a source of income must be a nightmare. I assume you have a full time accountant? Also to become a small business you need to become an LLC or sole proprietorship which has all kinds of fees and regulations you must abide by. I assume you have a business manager? And people can quickly become overleveraged and lose everything (like in 2008/2009) so this is not for everyone.
15. Your a smart man and use money wisely...This is why your successful. Inspirational story!
16. Did you buy a condo before a house?
17. Free Game!! Subbed
18. OK, I watch videos then pause them when I have a question. You say you bought your first house in 1999 then 7 years later you bought a condo. So did you buy the condo by releasing equity in the house you bought in 1999? Or was this a second mortgage?
19. I just sold my house in florida and net profit $98,000. I bought my house in 2012 for 150,000 and just sold it last month for $240,000. I told my wife I really want to get into real estate. What books do you recommend and whats your thoughts on Tax liens?
20. Hey man, I'm a doctor in residency & I plan on getting into real estate, but I have a hard time imagining how to get started. Any advice?