How do you START earning passive income in real estate? BY STARTING. You have to get IN to start making money in real estate. This video is for the watchers who haven’t stepped IN yet; it’s for the millions of Americans who desire passive income, but struggle with the overwhelming amount of information that leads to indecision and ultimately ZERO passive income. What’s the best thing to do? Do watch and learn from investors like Grant Cardone, but FORGET notions that you have to have $80,000+ ready to go to “start your business.” There’s a DIFFERENT WAY, and it only takes 5% down.
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By Stock Chat

where the coffee is hot and so is the chat

33 thoughts on “Forget grant cardone: passive income for normal people.”
  1. Avataaar/Circle Created with python_avatars Tyler Jensen says:

    Lowering one’s goal for the increase of “attainability” clearly means a lack of persistence and rushing into things. Being impatient

  2. Avataaar/Circle Created with python_avatars TheThegreenpi says:

    Kevin you need to do an update to this video with current market rates!

  3. Avataaar/Circle Created with python_avatars Jonathan Haronian says:

    Anyone know where I can find the spreadsheet? Cannot find it in the description

  4. Avataaar/Circle Created with python_avatars Once in a Lifetime says:

    Those future calculations are me laughing in $$$ every time someone looks at me weird for investing in rentals.

  5. Avataaar/Circle Created with python_avatars Yankee Stacking says:

    When Kevin was tolerable to watch.

  6. Avataaar/Circle Created with python_avatars Jay Robertos says:

    this video is underrated

  7. Avataaar/Circle Created with python_avatars ralphy says:

    You live in it for a year and sell it later its tax free up to 250k and 500k married whem you sell.

  8. Avataaar/Circle Created with python_avatars Jancarlo Rodriguez says:

    "I like Grant Cardone too, hes a great guy." This didn't age well lol

  9. Avataaar/Circle Created with python_avatars Kostadin Toshanov says:

    Hello

  10. Avataaar/Circle Created with python_avatars Steve SSBtsi says:

    does it mean you move everytime you buy a house for 5% down

  11. Avataaar/Circle Created with python_avatars Fully Spaced says:

    You forgot about renters insurance…

  12. Avataaar/Circle Created with python_avatars UWantThe MoneyOr What says:

    Grant preach leverage and hes a sales men so he shows you have to go get it not be passive….but the money will come in passively

  13. Avataaar/Circle Created with python_avatars RobertE says:

    You have to be able afford the negative cash flow on a monthly basis and repairs

  14. Avataaar/Circle Created with python_avatars EyyBoss says:

    Sorry but screw Grant Cardone.

    🙂

  15. Avataaar/Circle Created with python_avatars Lao Tzu says:

    I think this is still my all time favorite video you've made 🙂

  16. Avataaar/Circle Created with python_avatars rolando sanchez says:

    I been living in my first time home for 2yrs and want to start buying my second. So I need to get and EIN to start buying to rent?

  17. Avataaar/Circle Created with python_avatars Rebecca M says:

    i am not understanding why making negative money every month is supposed to be ok? is it just because rents go up? (so its not a problem bc youre only negative for a couple years??)

  18. Avataaar/Circle Created with python_avatars Spanish Language Learning says:

    uh, if you get a first time homeowners loan, you ACTUALLY have to live in the property.

  19. Avataaar/Circle Created with python_avatars Sergio Perez says:

    Can't believe I started watching your videos AFTER moving out of Ventura County. Sh*t 😭

  20. Avataaar/Circle Created with python_avatars Chrischixigua says:

    You forgot to mention mortgaged insurance if less than 20% down

  21. Avataaar/Circle Created with python_avatars WannaKatana says:

    I'm 55. is this still valid or how could I accelerate things? I'm about to buy a house after renting and want to follow this to start. Buy house, live for year then move out and rent it.

  22. Avataaar/Circle Created with python_avatars R Monteiro says:

    Very well explained and right to point for normal peeps out there. Great way to start and thanks for catering to the majority ppl out there!!

  23. Avataaar/Circle Created with python_avatars The Crooked Dog Ranch says:

    seems like you missed the murphy law part– anything can go wrong will go wrong and at the worst possible times- you must have back up cash- to deal with property…. tell the whole story—– this where positive thinking gets people in trouble– realistiic thinking keeps people safe but also able to explore the possibility of moving forward– negative thinking of course is suicide

  24. Avataaar/Circle Created with python_avatars Cyrus Perkins says:

    You forgot to include the pmi for putting only 5% down. Never good to overleverage and you cant refinance to remove pmi until you reach 80% LTV. Also, in 30 years you will major repairs to pay for that will wipe out income.

  25. Avataaar/Circle Created with python_avatars JT says:

    Good revision 🇬🇧

  26. Avataaar/Circle Created with python_avatars D Neuman says:

    Does that house in the back ground have in-law suite above the garage.

  27. Avataaar/Circle Created with python_avatars ImCJDavis says:

    But is it possible you can do all this in less time like in 2 to 4 years kevin

  28. Avataaar/Circle Created with python_avatars Ns Ns says:

    Operator in command not pilot in command 😁

  29. Avataaar/Circle Created with python_avatars Sun Yun says:

    Renters are not paying rent now(pandemic Covid19 2020),,, new era of real estate rental properties

  30. Avataaar/Circle Created with python_avatars Henry Campos says:

    How many times can u buy first time buyers?

  31. Avataaar/Circle Created with python_avatars King Raptor says:

    Wild insight. I’ve been watching ur channel for the past couple weeks. Just bought my first home at 22yrs old. By my old university, perfect rental spot. That’s why i bought it. And now i found your page. I was already doing this but now this is great reassurance

  32. Avataaar/Circle Created with python_avatars King Raptor says:

    Wild insight. I’ve been watching ur channel for the past couple weeks. Just bought my first home at 22yrs old. By my old university, perfect rental spot. That’s why i bought it. And now i found your page. I was already doing this but now this is great reassurance

  33. Avataaar/Circle Created with python_avatars Meet Kevin says:

    Very Important A) The single negative cash-flow example was only to play devil's advocate to show that even a $3600 loss year one isn't that big of a deal in your long-term planning. B) This is a rudimentary example of how you can build wealth long-term. This isn't tax advice and doesn't go into all details. Subscribe to find out more details in future videos. I couldn't possibly address every single nuance in one video (e.g. Schedule E loss limitations of $25,000 — not even relevant to our example anyway — Yes you can qualify RENTAL INCOME towards your income — YES you need a job to qualify for a mortgage).

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