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lol then you eat the taxes because you haven’t identified a property to roll those profits into with a 1031. Terrible advice unless you have something other than a house to use those profits for

Depends on the deal with the home. That tax deduction is useless for most people due to the fact that the standard deduction is 22,000 for singles and 30,000 for married people. If you can find a good deal and something manageable buying is great but it's not always right to do, sometimes it's best to wait.

Great information. Really well put together and it does really make you think about some options.

See all those For Sale signs? That means NOTHING is selling. That means all those houses are OVERPRICED. That means home values will be going DOWN dramatically. Once one of those houses sell, it creates a “comp” at a lower price, creating a lower priced housing market. So we expect the housing market to go down 5% a year. Not up..

We are well overdue for market correction though. Wouldn't that be something to take into consideration since the current world scenario is so wild? Would you expect current values to rise or fall after Mr T. Gets in. Or if war breaks out or doesn't break out beyond the current situations? Curious. I personally expect houses to dramatically drop considering the bubble we are sitting on that should have popped in 2000 and in 2008 and in 2016. This years marks that same cycle and it still hasn't broken. Just keeps getting propped up. Wouldn't and shouldn't we expect a massive depreciation of up to 80% or so to happen in some markets? Current house prices are around 8x what they were 40 years back. But pay doesn't match that. Which historical lyrics has ended in terrible crashes but the fed has propped it up. How do you parse that?

Thanks for the info.

Fantastic work here! This video is packed with such great insights. This is the kind of content that deserves thousands of views. SEO might be the key to getting more views.

So....did you flip off the wrong person?

People can't afford their homes anymore let alone the homeowners insurance tripling. It's sad.

First

Hi i have been very entertained and excited when I watch your podcast❤ I am one of Lethcoe’s former students, I am very interested in how to start at a young age thank you guys !

That’s your integrity on the line. So lame going through life cheating others and still cheating others from the grave.

How could more than $100 be paid in any case?

Tell the government that

That’s why you should borrow against your home at at 70 and don’t put that money in the bank buy gold an leave that to your children

Wow that was actually useful, how is this guy not blowing up yet

Its bidenomics

You are missing something while uploading the videos Due to which your video is not getting enough expos

50k would build one house in 2020. 2500ft 75k 2024

Uh no.....

No way. I’m getting so tired of the bs crap on the internet.

Except a mortgage is probably around 3x a rent payment plus you have to pay mortgage insurance if you can't put down a full 20% and rent can only go up maybe 10% in total during your time renting an apartment

Lol you're just paying more money to agent. If yiu had a $100k offer and $3k agent fees and offered ro pay the fees you send $103k, seller gets $100k. If you make $103k offer and dont pay fees, seller nets same amount, you pay same. Dumb

There’s a meow in homeowner (This message has been brought to you by the Goblin King)

This is why the current generation will never own a home.

Lmao! Cash is an asset. You’re just arguing about the yield on each asset

There is no you could a house with $5,000 in lumber in 2018. Not even a two car garage

Look into Bill Gates oddly he is involved in this also

I always bought and sold by owner.

This dudes so uneducated and look how he’s going back and forth looking at the camera prob some ai facts that aren’t real

Do you know what a hammer is are Kamala son

You werent building 10 houses with 50k in lumber. Quit dreaming. In 2018 a floor alone cost me like 6000. Roof trusses were another 5 or 6000.

No one bought a house for nearly a year under Trump and COVID. People were fixing up their houses. Home Depot made a killing. Especially after Biden took office and put America back to work.

This is the first time during the "housing crisis" that the cost of materials has been sited. Another case of lack of competition and price fixing.

20 seconds of research. There were spikes in lumber costs after covid. It is bavk down, still high, about 70%, not 4X.

Closing down coal burning powerplants and building forest burning powerplants and calling them biomass powerplants have something to do with it.

So it doubled. Got it

how about i just don't pay any agents a dime

Stupid

That is so dumb. "So now YOU have the ability to oay your agent's commission." What a deal!

That's a lot of offers for a stolen house

Lol maybe 10 tree houses

“Supply chain”? You mean lumber yards laying off 80% of their staff and then increasing prices 400%?

“back in 2020 before covid” uhh, my man, 2020 was covid, it literally went full blown 01/20

Build 10 houses with 50 thousand this dudes tweaking

You’re going to need to replace that nasty carpet with waves in it! When you tried to save a few bucks and do it steam clean the carpet yourself you messed it up!

Eat the rich

He's full of shit

They did a first rate cut?

Ughhh never listen to a serpentine like this. Lik😂 e and subscribe.