Housing market is slowing down and here is a break down on my first loss flipping houses in the Arizona market!
Message Us on Instagram:
📸 Nic: https://www.instagram.com/nicpalladinorealty/
📸 Ricky's Insta: https://www.instagram.com/rickygutierrezz/
1.🚨 Join my free trading group chat: https://discord.gg/kwVQtmu
2.✅ LPP 2.0 (DAILY LIVE TRADING): https://learnplanprofit.net/
3.🖥 #1 Trading Mousepad: https://shoptechbuds.com/
For those who are interested in Trading & Investing, I encourage you to join Our Free Trading Group of over 310,000!
#housingcrash #realesate #burglary
Thank you for the support, the best way to reach out to me is through our private discord chat, please DM me.
The Stock Market falling/ crashing can be a scary thing when you are not informed on how to make money during a stock market crash! The corona virus isn't getting any better and opportunity is among us, let's take time to inform ourselves and make the most of this opportunity!
If you have any suggestions for future videos such as Day Trading, Investing, Stock Market, Real Estate, Car Sales, Webull trading app, How To Use Robinhood App, TD Ameritrade, Crypto & bitcoin, Entrepreneurship, Forex, Online Marketing, Online Sales or fun daily vlogs. Please let me know.
DISCLAIMER: Please note that i do not ask for any information. I always encourage our members to trade ONLY what you understand and never based on anyone's opinion. My videos are for entertainment purposes only.any questions to message me as i would love to be a part of your success.
Message Us on Instagram:
📸 Nic: https://www.instagram.com/nicpalladinorealty/
📸 Ricky's Insta: https://www.instagram.com/rickygutierrezz/
1.🚨 Join my free trading group chat: https://discord.gg/kwVQtmu
2.✅ LPP 2.0 (DAILY LIVE TRADING): https://learnplanprofit.net/
3.🖥 #1 Trading Mousepad: https://shoptechbuds.com/
For those who are interested in Trading & Investing, I encourage you to join Our Free Trading Group of over 310,000!
#housingcrash #realesate #burglary
Thank you for the support, the best way to reach out to me is through our private discord chat, please DM me.
The Stock Market falling/ crashing can be a scary thing when you are not informed on how to make money during a stock market crash! The corona virus isn't getting any better and opportunity is among us, let's take time to inform ourselves and make the most of this opportunity!
If you have any suggestions for future videos such as Day Trading, Investing, Stock Market, Real Estate, Car Sales, Webull trading app, How To Use Robinhood App, TD Ameritrade, Crypto & bitcoin, Entrepreneurship, Forex, Online Marketing, Online Sales or fun daily vlogs. Please let me know.
DISCLAIMER: Please note that i do not ask for any information. I always encourage our members to trade ONLY what you understand and never based on anyone's opinion. My videos are for entertainment purposes only.any questions to message me as i would love to be a part of your success.
So glad I rent in a High-Rise, now; did the house thing in 2006 and OMG, what a money pit.
You own any homes in AZ gunna take a 20-50% cut..most overvalued market in US
Sorry the deal didn't work out, but thank you so much for sharing this. I really like the spreadsheet.
Why do you have washers and dryers in flip houses? If its not built in dont have it in the home. Stove dishwasher and microwaves are sometimes built in so you should have them and maybe if you replace them install the new units only after closing to avoid the thieves. Maybe just have a leaflet laying around where the unit goes to show the buyers what will be there. If they want to rob you again it'll have to be for a toilet or door 😂 for real dont have no shower curtain window curtains or anything if it isn't bolted nailed or glued down dont sell it with the home.
4k loss is a sort of breaking even when you think that he did well in his 39 other deals!
The loss he took daily with time is what he's not putting into account. If I was on a job for 3 months and lost 40 bucks a day I would be like way over 60k down if not way more. Time is worth way more than money and to waste 3 months and no make a dime is a huge loss. HUGE. All the time business wise they should of made 60 or 80k in that time span,
39/40 “I welcome failure.” -Ricky 😂😂😂 lmao
Bro back the camera up 👀👃🏻 👄
No 1 is buying houses atm ricky…stop buying its gonna crash hard 100%
Why do all the YouTube investing people have the most hittable faces
-4K loss basically its just the time and effort that was loss.
Glad to see you guys making it out only losing that with it being more than an 85% deal when you picked it up
What about the int capitalized over the term of the loan
its ok. you made it back in stocks.
Get down to Florida,
Pick up some distressed
Property, motivated sellers.
So you’re one of the reasons for the insanely escalating and unaffordable home prices in AZ. Speculating the stocks is fine. But speculating with peoples basic needs like housing. I think that takes an especially greedy and shortsighted person. Unsub.
Maybe you should have kept it and made it into an Airbnb
Not the market to be flipping houses at least not in there next 12-18 months
Good decision to sell based on the current circumstances.
Sold my first property Flip in marbella spain this july made 20% roi but the market there is diffrent its More a rich people market
This is the real risk of flipping homes. It can be very profitable in a fast and rising market. And it can be a time and money loser when the market is falling. It is about risk/reward management. You have done really well Ricky. Keep it up bro!
At least you are not getting caught like a lot of people did back in 2008.
Subscribe
Ricky — I live in a city where you can't buy a house for less than $1M – $1.5M. The fact that you are buying property for $300k is like a joke. I'm sure your insurance covered the cost of your Break and Enter. Rent the place out, and recoup your costs.
Makes video about first real estate loss… makes it back x4 the following monday with SQQQ. lol in all seriousness this is great transparency