How To Finance a Home a Year: #5 Chris Lamm & JR McGee Buy a House a Year Club
Chris Lamm is one of the best primary home lenders in the nation. He can even help you pretty much anywhere in the nation he is licensed.
Change Home Mortgage
+1 (530) 282-1166
approved@reddinglender.com
http://reddinglender.com
Financing a home purchase every year like anything requires attention, focus, and work. A change of lifestyle that yields massive returns. Here are the general steps you can follow:
Determine your budget: Before you start looking for a house, it's important to determine how much you can afford to spend. Consider your income, expenses, and any other financial obligations you may have.
Benefit of a primary residence. Lower down payments. Save for a down payment: In order to purchase a home, you will need to provide a down payment. Typically, this is around 3-5% of the purchase price, but it can vary depending on the lender and your financial situation. Start saving for your down payment as early as possible.
Get pre-approved for a mortgage: Once you have a budget and a down payment saved, you can begin to look for a mortgage lender. Getting pre-approved for a mortgage will help you understand how much you can borrow and what your monthly payments will be.
Find a real estate agent: A real estate agent that knows the market, rental rates, understands the Buy a House a Year Strategy can help you find properties that fit the model. They also help you negotiate the purchase price, repairs, and navigate the home buying process.
Purchase the home: Once you find a home that you want to buy, you will need to make an offer and negotiate the purchase price. If your offer is accepted, you will need to finalize the financing with your lender and close on the property.
12 months Later, Repeat the process: After you purchase your first home, you can repeat the process the following year to buy another primary residence home. Be sure to budget and save accordingly, and work with your lender and real estate agent to find the right property for you.
It's important to keep in mind that financing a home purchase every year just like anything significant, is not easy, but it is a simple process that requires focus and attention with your financial investment over time.======
⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️
🤔 Thinking about moving to Redding California? Let Us Help!
📱Call or Text us: 530-782-0171
📨Email: jr@jrmcgee.com
📅Free Real Estate Consultation (Zoom Call):
https://www.myreddinghomes.com/contact.php
⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️
======
▶Subscribe 👉: https://www.youtube.com/channel/UC5zOnkIl_-PP9wp08lwNtUA?sub_confirmation=1
======
This channel is about living in Redding California, moving to Redding, California, and relocating to Redding, California. We cover living in Redding, Shasta County, moving to Redding, Shasta County, and relocating to Redding, Shasta County. If you want to know everything about eating, sleeping, working, playing, the good, and the bad of living in Redding, California, then subscribe and tap the bell for notifications so you can be the first to know about the current market in Redding, California. We get calls and emails everyday from people just like you, looking for help on making their move to Redding California and we absolutely love it. Whether you are moving in 9 days or 90 days, give us a call, shoot us a text, or send us an email so we can help you move to Redding, California.
======
J.R. McGee Redding California Real Estate Agent 02022857
======
# # #movingtoredding #livinginredding #reddingcaliforniarealestate
15
views
#4 Micheal Miller & JR McGee Buy a House a Year Club: Dave Ramsey vs Robert Kiyosaki
Micheal Miller has a club called the Dead Presidents Club for investing. Dead Presidents represents money.
How to contact Micheal
https://www.facebook.com/groups/727025752207495
https://instagram.com/michealgmiller?igshid=YmMyMTA2M2Y=
Dave Ramsey and Robert Kiyosaki have different philosophies when it comes to debt and real estate. While both are well-known financial gurus, they approach these topics from different perspectives.
Dave Ramsey's philosophy is based on the idea of living debt-free. He believes that debt is a major obstacle to financial freedom and that people should avoid it at all costs. Ramsey advocates for a strategy of paying off all debts, including credit cards, car loans, and student loans, before making any significant investments. He encourages people to focus on building an emergency fund and saving for retirement before considering real estate investments.
When it comes to real estate, Dave Ramsey advocates for buying a home that you can afford with a fixed-rate mortgage, rather than investing in rental properties. He believes that homeownership is an important part of building wealth, but that investing in rental properties can be risky and time-consuming. Ramsey also advises against taking out a second mortgage or home equity loan to finance other purchases, as this can put your home at risk.
Robert Kiyosaki, on the other hand, has a different philosophy when it comes to debt and real estate. Kiyosaki believes that debt can be a tool for building wealth, as long as it is used wisely. He argues that taking on debt to invest in income-producing assets, such as rental properties, can help generate passive income and build long-term wealth.
Kiyosaki also believes that real estate is a crucial component of a well-diversified investment portfolio. He argues that investing in real estate can provide a steady stream of passive income and potential appreciation in value over time. Kiyosaki advocates for buying rental properties, using leverage to maximize returns, and taking advantage of tax benefits associated with real estate investments.
In summary, while Dave Ramsey and Robert Kiyosaki both offer valuable financial advice, they have different philosophies when it comes to debt and real estate. Ramsey advocates for living debt-free and focusing on building an emergency fund and retirement savings before considering real estate investments. Kiyosaki, on the other hand, believes that debt can be a tool for building wealth and that real estate can be a crucial component of a well-diversified investment portfolio. Ultimately, the best approach for an individual depends on their personal financial situation, risk tolerance, and long-term goals.
I'm J.R. McGee, your real estate friend. Please Subscribe, and message with any questions.======
⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️
🤔 Thinking about moving to Redding California? Let Us Help!
📱Call or Text us: 530-782-0171
📨Email: jr@jrmcgee.com
📅Free Real Estate Consultation (Zoom Call):
https://www.myreddinghomes.com/contact.php
⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️
======
▶Subscribe 👉: https://www.youtube.com/channel/UC5zOnkIl_-PP9wp08lwNtUA?sub_confirmation=1
======
This channel is about living in Redding California, moving to Redding, California, and relocating to Redding, California. We cover living in Redding, Shasta County, moving to Redding, Shasta County, and relocating to Redding, Shasta County. If you want to know everything about eating, sleeping, working, playing, the good, and the bad of living in Redding, California, then subscribe and tap the bell for notifications so you can be the first to know about the current market in Redding, California. We get calls and emails everyday from people just like you, looking for help on making their move to Redding California and we absolutely love it. Whether you are moving in 9 days or 90 days, give us a call, shoot us a text, or send us an email so we can help you move to Redding, California.
======
J.R. McGee Redding California Real Estate Agent 02022857
======
# # #movingtoredding #livinginredding #reddingcaliforniarealestate
116
views
A Fixer With Pool & Income Potential
4 bed 2 bath fixer-upper with house hack potential, an additional dwelling unit, gain sweat equity, and a pool. House hacking, means you can rent out part of the property while living in the other part. Generate rental income and help offset your mortgage payments. Sweat Equity: you can increase the value and potentially instant equity from your efforts of making your own repairs. Flexibility: The additional dwelling unit can offer flexibility in terms of living arrangements, such as providing a separate space for guests, a home office, or a rental unit for additional income. Lifestyle: A pool is a must in Redding both in summer to beat the heat and winter with cold plunges. Space for guests, home offices, rental income, or hobbies. Lots of mature landscaping and excellent neighbors.
======
⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️
🤔 Thinking about moving to Redding California? Let Us Help!
📱Call or Text us: 530-782-0171
📨Email: jr@jrmcgee.com
📅Free Real Estate Consultation (Zoom Call):
https://www.myreddinghomes.com/contact.php
⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️
======
▶Subscribe 👉: https://www.youtube.com/channel/UC5zOnkIl_-PP9wp08lwNtUA?sub_confirmation=1
======
This channel is about living in Redding California, moving to Redding, California, and relocating to Redding, California. We cover living in Redding, Shasta County, moving to Redding, Shasta County, and relocating to Redding, Shasta County. If you want to know everything about eating, sleeping, working, playing, the good, and the bad of living in Redding, California, then subscribe and tap the bell for notifications so you can be the first to know about the current market in Redding, California. We get calls and emails everyday from people just like you, looking for help on making their move to Redding California and we absolutely love it. Whether you are moving in 9 days or 90 days, give us a call, shoot us a text, or send us an email so we can help you move to Redding, California.
======
J.R. McGee Redding California Real Estate Agent 02022857
======
# # #movingtoredding #livinginredding #reddingcaliforniarealestate
3
views
Agent Assist Benefits for 621 Ridge Road, Redding CA
4 bed 2 bath fixer-upper with house hack potential, an additional dwelling unit, gain sweat equity, and a pool.
House hacking, means you can rent out part of the property while living in the other part. Generate rental income and help offset your mortgage payments.
Sweat Equity: you can increase the value and potentially instant equity from your efforts of making your own repairs.
Flexibility: The additional dwelling unit can offer flexibility in terms of living arrangements, such as providing a separate space for guests, a home office, or a rental unit for additional income.
Lifestyle: A pool is a must in Redding both in summer to beat the heat and winter with cold plunges.
Space for guests, home offices, rental income, or hobbies.
Lots of mature landscaping and excellent neighbors.
======
⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️
🤔 Thinking about moving to Redding California? Let Us Help!
📱Call or Text us: 530-782-0171
📨Email: jr@jrmcgee.com
📅Free Real Estate Consultation (Zoom Call):
https://www.myreddinghomes.com/contact.php
⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️
======
▶Subscribe 👉: https://www.youtube.com/channel/UC5zOnkIl_-PP9wp08lwNtUA?sub_confirmation=1
======
This channel is about living in Redding California, moving to Redding, California, and relocating to Redding, California. We cover living in Redding, Shasta County, moving to Redding, Shasta County, and relocating to Redding, Shasta County. If you want to know everything about eating, sleeping, working, playing, the good, and the bad of living in Redding, California, then subscribe and tap the bell for notifications so you can be the first to know about the current market in Redding, California. We get calls and emails everyday from people just like you, looking for help on making their move to Redding California and we absolutely love it. Whether you are moving in 9 days or 90 days, give us a call, shoot us a text, or send us an email so we can help you move to Redding, California.
======
J.R. McGee Redding California Real Estate Agent 02022857
======
# # #movingtoredding #livinginredding #reddingcaliforniarealestate
37
views
Thomas Alford and JR McGee Buy a house a year club
Thomas Alford is an amazing man, husband, dad, and Hunting Guide based in Redding CA
https://www.instagram.com/thomasalfordhunting/
info@omegaexpeditions.com
Buying 10 homes as investments can be a lucrative financial decision that can provide significant returns over the long term. With the housing market experiencing a steady increase in value over the past few decades, investing in real estate has become an attractive option for those looking to grow their wealth.
In the short term, investing in real estate can provide consistent rental income that can help offset the costs of owning the property. This can include mortgage payments, property taxes, and maintenance expenses. With 10 homes as investments, the rental income generated can provide a stable source of cash flow that can be reinvested back into the properties or used to fund other investments.
However, the real value of investing in real estate lies in the long-term appreciation of the property's value. Over the past 20 years, the housing market has experienced a consistent increase in value, with some areas seeing a 50% or more increase in home values over that time period. This means that investing in 10 homes now can potentially provide significant returns in 20 years' time.
Assuming a conservative 3% annual increase in the value of the properties, the 10 homes' total value would increase from its initial investment value by approximately 81% over 20 years. This means that the initial investment of the 10 homes could potentially appreciate in value by over $3.5 million, based on current average home prices. This is a substantial return on investment that can provide significant financial security and freedom.
Of course, investing in real estate does come with risks and challenges, such as managing tenants, property maintenance, and market fluctuations. However, with proper due diligence, management, and planning, investing in real estate can be a profitable and worthwhile endeavor.
In addition to the financial benefits, investing in real estate can also provide other non-monetary advantages, such as tax benefits, portfolio diversification, and the potential to provide a tangible asset that can be passed down to future generations.
In conclusion, investing in 10 homes as investments can be a smart financial decision that can provide significant returns over the long term. While there are risks and challenges associated with real estate investing, the potential rewards can be substantial, providing financial security and freedom, as well as other non-monetary benefits. With the right approach and management, investing in real estate can be an excellent way to grow wealth and secure a bright financial future.
======
⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️
🤔 Thinking about moving to Redding California? Let Us Help!
📱Call or Text us: 530-782-0171
📨Email: jr@jrmcgee.com
📅Free Real Estate Consultation (Zoom Call):
https://www.myreddinghomes.com/contact.php
⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️
======
▶Subscribe 👉: https://www.youtube.com/channel/UC5zOnkIl_-PP9wp08lwNtUA?sub_confirmation=1
======
This channel is about living in Redding California, moving to Redding, California, and relocating to Redding, California. We cover living in Redding, Shasta County, moving to Redding, Shasta County, and relocating to Redding, Shasta County. If you want to know everything about eating, sleeping, working, playing, the good, and the bad of living in Redding, California, then subscribe and tap the bell for notifications so you can be the first to know about the current market in Redding, California. We get calls and emails everyday from people just like you, looking for help on making their move to Redding California and we absolutely love it. Whether you are moving in 9 days or 90 days, give us a call, shoot us a text, or send us an email so we can help you move to Redding, California.
======
J.R. McGee Redding California Real Estate Agent 02022857
======
# # #movingtoredding #livinginredding #reddingcaliforniarealestate
9
views
Buy a house a year club with Cole Harmon
When I mention the Buy a House a Year Club to friends, clients, or the public ... I often hear people say, "You can do that?" Yes you can and everyone can do it. Just need to set yourself up. This podcast is The Fusion of Real Interesting People, Simplifying Real Estate Investing.
Cole Harmon is the lead Singer and Creative behind one of my all time favorite rock bands, "Glowing Moses". He is a normal guy that has had his ups and downs, and is working toward buying a house a year as well. Follow his journey.
J.R. McGee and his advisor friends freely invite you to join the "Buy A House A Year Club". This is a free club. The intention is to see a 100 families take advantage of all of our experience, have the mind set, the wisdom, the tools, and community so that their family has built up a small fortune of income producing real estate, that can completely change the legacy of their family line.
======
⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️
🤔 Thinking about moving to Redding California? Let Us Help!
📱Call or Text us: 530-782-0171
📨Email: jr@jrmcgee.com
📅Free Real Estate Consultation (Zoom Call):
https://www.myreddinghomes.com/contact.php
⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️
======
▶Subscribe 👉: https://www.youtube.com/channel/UC5zOnkIl_-PP9wp08lwNtUA?sub_confirmation=1
======
This channel is about living in Redding California, moving to Redding, California, and relocating to Redding, California. We cover living in Redding, Shasta County, moving to Redding, Shasta County, and relocating to Redding, Shasta County. If you want to know everything about eating, sleeping, working, playing, the good, and the bad of living in Redding, California, then subscribe and tap the bell for notifications so you can be the first to know about the current market in Redding, California. We get calls and emails everyday from people just like you, looking for help on making their move to Redding California and we absolutely love it. Whether you are moving in 9 days or 90 days, give us a call, shoot us a text, or send us an email so we can help you move to Redding, California.
======
J.R. McGee Redding California Real Estate Agent 02022857
======
# # #movingtoredding #livinginredding #reddingcaliforniarealestate
3
views