I'm hoping there will be a housing crisis so I can buy cheaply when I sell a few houses in 2025. As a backup plan, I've been thinking about purchasing stocks. What advice do you have for choosing the best buying time? On the one hand, I continue to read and see trading earnings of over $500k each week. On the other side, I keep hearing that the market is out of control and experiencing a dead cat bounce. Why does this happen?
Investing in real estate and stocks might be a wise choice, particularly if you have a sound trading plan that can get you through profitable days, also employing the service of an advisor would be great
You're not doing anything wrong; you simply lack the expertise necessary to make money in a bad market. In these difficult circumstances, only really skilled experts who witnessed the 2008 financial crisis can expect to generate a large wage.
@@SeanTalkoff Recently, I've been considering the possibility of speaking with consultants. I need guidance because I'm an adult, but I'm not sure if their services would be all that helpful.
My CFA ’’ Sharon Ann Meny, a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..
Bought my first home at 21 yrs old & I WISH I'd never sold it. Loved that $100,000.00 house (1991). I've bought many since but STILL look at that house & WISH! U're absolutely right Wayne! 🥺
Wow, that house must have been something special! I can totally relate to holding onto memories like that. After Hurricane Ian hit Florida, I was in a similar place-my home was wrecked, my business was barely staying afloat, and I felt completely lost. Then I came across Christine Evelyn Mackie, and she introduced me to a new way to rebuild my life. Today, I’m earning about $9,000 every week-far beyond what I thought I’d ever achieve. It’s truly been a blessing for my family, and I’ll always be grateful. Christine gave me hope when I needed it most!"
PMI is what is says: insurance on the mortgage. So if the buyer defaults, insurance picks up the tab. Anything the bank can sell the house for is just gravy on top. The real kicker? THE BUYERS pay the premiums on the insurance. It’s a great deal- for someone. The way they will shaft Americans out of their homes is insurance premiums. They continue to increase the premiums. Part of the contract stipulates the buyer keep up insurance premiums. When this can no longer be done, the buyer is in default. Never mind you’ve never missed a payment. All the while, your taxes are likely increasing every other year. Seldom has such a scam existed.
@TheRealWayneTurner That Must Be In Louisiana .I Have Seen Water Lines Just Like That House Has On Flooded Slab Built Homes Down Here .Mold In Them Walls.
Great videos full of good advice. You missed a key tell in that mold question though. Look at the ceiling fan, the blades are literally melting. That's from high humidity and raises serious questions. I'd about a property like that since you won't know the extent and may never be able to fully remediate or prevent mold problems
Property values don't actually go up. It's inflation eating away at the buying power of money. If money were stable, a $79,000 home bought 30 years ago would be worth $79,000 today.
For me, I don't see my 'first home' as a forever home. I see it as a place to flip later for profit and just live in it for the time being. It's not a bad idea to get into the mix, the problem in America right now is in no condition to be even taking on programs like this because of the astronomical debt strain we are in as a result of the last 4 years. Once things start to right themselves in the job market and people are getting livable wages to pay off that debt and just have disposable income again, this becomes an obvious choice for many in the coming few years.
BOUGHT MY FIRST HOME AT 28 YRS IN FLORIDA.LIVED THERE 25 YRS.SOLD BUT NOW I REGRET.BUT HAD TO MOVE TO MIDWEST TO TAKE CARE OF PARENTS.IN ALMOST 2025 SHIT IS WAY MORE EXPENSIVE..SUCKS
Same here. I am now about to sell my first home I bought around the same age to travel half way across the country to tend to my parents as they age. I am going to take my money from the sale and immediately purchase real estate there though.
I just came across your channel for the first time. I saw your title and am finding it hard to believe. Where do I find these homes cause I never see foreclosures? It always seems like those in real estate are the only ones able to get these. Are you telling me an average person can find these?
YES… the one main spammer post on here is a large drawn out spammer comment thread that is trying to beat the algorithm …Wayne you might want to “unheart” on one of those comments you gave them- and actually too delete the spammer thread .. they re trying to deceive your viewers too with that phone #. I now report each and every one of those spammer comments when I see them .. the more people that do that - the more they get taken down and are stopped. Lord Bless.. 💙
@@TheRealWayneTurner many ppl are trying to put together co-ops as it’s the only way to get some land and build a home. Anything like that happening out your way? Worth doing a vid about? Initial down payment and zoning are the cripplers here. 😞
Hey Wayne, Really loved your content! But I see that your videos aren't getting that engagement considering you have 350k+ subs. l've made a video for you about suggestions for improvements and also re-edited an older video of yours. Where can i reach out to you and send it?
I am selling my property in Colorado and was wondering if he could help me find another place , I’ll have about 25k for downpayment or a rental. Some where better than Colorado lol
🤔The "purchasing information" you give is great. But I completely disagree with the appraisal value of $154,000.00 for the house that is shown in this video. Those windows, look like garbage (low quality) to me. There's no way I'd give more than $70,000.00 for that home, and that's ONLY if it's NOT in a "troubled" area. Does this home even have a basement? If not, try around $50,000.00 or less. I do like the somewhat roomy yard size though. Power wash that fence, & restain (not paint)/replace the necessary boards, then plant some nice, large, evergreens, & you'll have a Sharp looking yard. Neighbors would be envious & in disbelief😉.
Property values don't actually go up. It's inflation eating away at the buying power of money. If money were stable, a $79,000 home bought 30 years ago would be worth $79,000 today.
That's an oversimplification. Real estate reflects the local economy. Demand in San Jose, CA is much higher than it was in the 1970s; conversely, demand in Detroit MI is much lower. That is not a function of the money supply or inflation.
I'm hoping there will be a housing crisis so I can buy cheaply when I sell a few houses in 2025. As a backup plan, I've been thinking about purchasing stocks. What advice do you have for choosing the best buying time? On the one hand, I continue to read and see trading earnings of over $500k each week. On the other side, I keep hearing that the market is out of control and experiencing a dead cat bounce. Why does this happen?
Investing in real estate and stocks might be a wise choice, particularly if you have a sound trading plan that can get you through profitable days, also employing the service of an advisor would be great
You're not doing anything wrong; you simply lack the expertise necessary to make money in a bad market. In these difficult circumstances, only really skilled experts who witnessed the 2008 financial crisis can expect to generate a large wage.
@@SeanTalkoff Recently, I've been considering the possibility of speaking with consultants. I need guidance because I'm an adult, but I'm not sure if their services would be all that helpful.
My CFA ’’ Sharon Ann Meny, a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..
Thank you for the recommendation. I'll send her an email, and I hope I'm able to reach her.
Bought my first home at 21 yrs old & I WISH I'd never sold it. Loved that $100,000.00 house (1991). I've bought many since but STILL look at that house & WISH! U're absolutely right Wayne! 🥺
Wow, that house must have been something special! I can totally relate to holding onto memories like that. After Hurricane Ian hit Florida, I was in a similar place-my home was wrecked, my business was barely staying afloat, and I felt completely lost. Then I came across Christine Evelyn Mackie, and she introduced me to a new way to rebuild my life. Today, I’m earning about $9,000 every week-far beyond what I thought I’d ever achieve. It’s truly been a blessing for my family, and I’ll always be grateful. Christine gave me hope when I needed it most!"
@@StefanKlein-u3rExcuse me for real?,how is that
possible I have struggling
financially, how was that possible?
Excuse me for real?,how is that
possible I have struggling
financially, how was that possible?
I Thank God for Bringing Mrs Christine Evelyn Mackie service into my life, I'm happy for God's grace have found me..Amen
Just here for Wayne's southern accent. The information is bonus😂
It's not that your homes are worth more but it's that the dollar is worth so much less What you could buy in 1960 with a dollar cost $35 today
Truth!!
Correct.
Wow❤
With 1K ? Please tell me more I am ready to learn and implement your teaching
It’s called a USDA loan. Most lender offer these loans. The homes are located in the rural suburbs. Go to USDA.gov.
PMI is what is says: insurance on the mortgage.
So if the buyer defaults, insurance picks up the tab. Anything the bank can sell the house for is just gravy on top. The real kicker? THE BUYERS pay the premiums on the insurance. It’s a great deal- for someone.
The way they will shaft Americans out of their homes is insurance premiums. They continue to increase the premiums. Part of the contract stipulates the buyer keep up insurance premiums. When this can no longer be done, the buyer is in default. Never mind you’ve never missed a payment. All the while, your taxes are likely increasing every other year.
Seldom has such a scam existed.
Incredibly Educational Informative Valuable Content. Thanks 🙏
This sounds too good to be true. Has anyone actually bought a house this way?
That House That You Just Talked About Has Been FLOODED .You Can See The Flood Line .It Must Be In Louisiana.
Actually this home has never flooded.
@TheRealWayneTurner That Must Be In Louisiana .I Have Seen Water Lines Just Like That House Has On Flooded Slab Built Homes Down Here .Mold In Them Walls.
At The 3.00 minute Mark Of The Video You Look At That House And Then Tell Me That Aint A FLOOD LINE On That House. LOOK AT IT.
🤔🤔🤔I see the water stain line. Thanks!
@@gabriellew.4847 could be rain stagnant water
Great videos full of good advice. You missed a key tell in that mold question though. Look at the ceiling fan, the blades are literally melting. That's from high humidity and raises serious questions. I'd about a property like that since you won't know the extent and may never be able to fully remediate or prevent mold problems
Louisiana is a Humid State..
I LOVE YOUR VIDEOS! THANK YOU SO MUCH FOR SHARING
I want to by a home to live in. Not look at it as some wealth tool/investment.
Why not do both?😊
@anthonyrussell4888 Because. I dont want to
Me too. Too many greedy people with no family
@@joespinella7773it’s an investment. And your home. It’s both. Don’t be stubborn.
Thanks Wayne. Great info!
Glad it was helpful!
Property values don't actually go up. It's inflation eating away at the buying power of money.
If money were stable, a $79,000 home bought 30 years ago would be worth $79,000 today.
Ha Ha You So Funny. House Prices Don't Go Up .Lmfao.
For me, I don't see my 'first home' as a forever home. I see it as a place to flip later for profit and just live in it for the time being. It's not a bad idea to get into the mix, the problem in America right now is in no condition to be even taking on programs like this because of the astronomical debt strain we are in as a result of the last 4 years. Once things start to right themselves in the job market and people are getting livable wages to pay off that debt and just have disposable income again, this becomes an obvious choice for many in the coming few years.
Thanks Wayne!
BOUGHT MY FIRST HOME AT 28 YRS IN FLORIDA.LIVED THERE 25 YRS.SOLD BUT NOW I REGRET.BUT HAD TO MOVE TO MIDWEST TO TAKE CARE OF PARENTS.IN ALMOST 2025 SHIT IS WAY MORE EXPENSIVE..SUCKS
Same here. I am now about to sell my first home I bought around the same age to travel half way across the country to tend to my parents as they age. I am going to take my money from the sale and immediately purchase real estate there though.
I just came across your channel for the first time. I saw your title and am finding it hard to believe. Where do I find these homes cause I never see foreclosures? It always seems like those in real estate are the only ones able to get these. Are you telling me an average person can find these?
Yes absolutely. Go to www.FindMyForeclosure.com
Thanks Wayne. Keep an eye on these comments as spammers overrun them. 👍
YES… the one main spammer post on here is a large drawn out spammer comment thread that is trying to beat the algorithm …Wayne you might want to “unheart” on one of those comments you gave them- and actually too delete the spammer thread .. they re trying to deceive your viewers too with that phone #. I now report each and every one of those spammer comments when I see them .. the more people that do that - the more they get taken down and are stopped. Lord Bless.. 💙
Hello Mr. Turner
Do you have videos on purchasing a home while in retirement?
Hi Wayne, good informative video. Which state are you in mate?
Louisiana
how do I cash out without paying the state and federal taxes
Thanks
Do you have to be a Vet, to assume an assumeable Veteran mortgage?
No you do not have to be a veteran to assume a VA loan.
I’m in California and there are NO homes for 150k here. Were are better off buying foreclosed homes.
Wayne, I'm drinking an CAMPARI Americano right now and I'm thinking ABOUT 😢 when you're going to shave that mustache.
What about little rock
Prices are so different in western Canada, killer expensive 😢
I know it’s crazy.
@@TheRealWayneTurner many ppl are trying to put together co-ops as it’s the only way to get some land and build a home. Anything like that happening out your way? Worth doing a vid about? Initial down payment and zoning are the cripplers here. 😞
What an eloquent gentleman 👍
Hey Wayne, Really loved your content! But I see that your videos aren't getting that engagement considering you have 350k+ subs. l've made a video for you about suggestions for improvements and also re-edited an older video of yours.
Where can i reach out to you and send it?
What if I am a disabled veteran, over 60? I am on a perminant fixed income. Proof of income can go back several years.
USDA loan, look into that.
I got my mom a little home from a 2000 pension and good credit.
There are also Va loans.
Ayo wait a second. I thought Bilzerian's pops was in jail
Location, location, location…
$154,000 dollars???!!! You can't even buy a condo in Florida for that much!!!
I know. This one needs paint flooring and cleaning.
I will just buy it subto much easier
Does this guy ever respond to his emails……
Yes he does. How can we help you?
I am selling my property in Colorado and was wondering if he could help me find another place , I’ll have about 25k for downpayment or a rental. Some where better than Colorado lol
It sounds more like you have to be on a job for at least two years.
🤔The "purchasing information" you give is great. But I completely disagree with the appraisal value of $154,000.00 for the house that is shown in this video. Those windows, look like garbage (low quality) to me. There's no way I'd give more than $70,000.00 for that home, and that's ONLY if it's NOT in a "troubled" area. Does this home even have a basement? If not, try around $50,000.00 or less. I do like the somewhat roomy yard size though. Power wash that fence, & restain (not paint)/replace the necessary boards, then plant some nice, large, evergreens, & you'll have a Sharp looking yard. Neighbors would be envious & in disbelief😉.
Property values don't actually go up. It's inflation eating away at the buying power of money.
If money were stable, a $79,000 home bought 30 years ago would be worth $79,000 today.
What?
That's an oversimplification. Real estate reflects the local economy. Demand in San Jose, CA is much higher than it was in the 1970s; conversely, demand in Detroit MI is much lower. That is not a function of the money supply or inflation.
Where is this house
Is this house still available?
@ yes Ts in Slidell LA.