#1 remember when investing in RE is to buy the property for Cash Flow. That way, regardless if market decreases, you can still rent the property out and make additional cash flow. Regardless if home value decreases. #2 Buy a home in an area that WONT be affected when people lose their jobs. Such as Blue Collar workers. (nurses, construction, etc.) People will always need a place to live. 2-3 bedroom, 1-2 bath,
She's fairly educated when it comes to economics, however notice how realtors are ALWAYS bullish. Just go back and watch some vids from 2006-2008: "RE never goes down" Even Ben Bernanke said it wasn't going to go down - lol. It almost brought down the entire financial system in Sept 2008. It's all about patience and timing.
Ben, I've been telling people to sell their property in high priced markets and reinvest in cash flow markets with job growth. I do believe people need a place to live, but most won't be able to afford to buy. This leaves an opportunity for people to buy affordable rental homes and build wealth as a landlord
Buying real estate makes you poor unless it brings money in your pocket this is Kiyosaki basic so anyone who buys real estate should always remember this ignore other things
brigsbros corporation ..so its not all about bloodsucking on the wages and savings of poor people and one should ignore the history of the Russian revolution where rentiers were killed as a disease on society for there effects on people and prices..?
Question: During the 2008 subprime crisis how does the lending bank force the payer to pay up more in monthly dues than the originally agreed amount - are they doing it illegally (that's how the house was lost - all three of them and is now living in an apartment)? Or what do you specifically watch out for during the contract signing (or something else)? P.S. He could not afford a lawyer.
How does 10 properties in Texas can compared with one in San Jose Silicon Valley? In California area like Palo Alto, Cupertino, Beverly Hills, Santa Monica or even Pasadena, there are definitely more populations then houses in those areas. In Texas many area do have high property tax, and price range are less then 500k, most young professionals can buy on their own, why rent? Maybe Austin is probably where you want to be in Texas, definitely less vacancies and high demand because University of Texas and hi tech company.
This does NOT explain how the nation will cope with the 24,000,000 current 18 to 23 year olds of whom only 25% end up as college degreed professionals. This presentation also does not explain how the nation will cope with another 4,000,000 18 year olds every year for the next 20 years. Only 1,000,000 of those each year will end up as college degreed professionals. The building industry only wants to build for the affluent. All over the nation people are living in their vehicles because auto manufacturers have products closer to the needs/pocketbooks of the consumers.
Yes this is a big problem. It's very difficult for a builder to build affordable housing and make any kind of profit. So they don't. The lack of supply will drive up prices on the affordable side - making it less affordable. It's an opportunity for investors but a problem for renters and first time homebuyers
@@kathy_fettke You are correct. In my area(NJ) the higher end real estate is sitting longer while the more affordable homes are being sold in less than 30 days. Some get multiple offers.
yES ... a picture for fools to follow.. in the 2k years " Crash " wise investors.. made a killing buying up forclosures or short sales.. DO NOT LIVE BY this person's lack of TRUTH.. except she is CORRECT bout' the Rental Market.. and IF THE NEXT " CRASH " comes... then even more renters will be available... always act on your LOCAL MARKET RESEARCH... not broad fairytales... or you will crash and burn... financially as a Real Estate LOSER.
This was absolutely the worst pitch I've heard in my life. The lack of reasoning and concluding ability here is concerning. Great public speech though. Basically you're saying the market will eventually go down because it hasn't gone down in awhile... That's it. What's more likely is that coastal real estate that's always been unaffordable will experience issues because companies and millennials are moving to lower taxes states. It's a shift because of over reaching trading. The new tax law will also influence this shift since the property tax write-off will not help those ultra rich properties and high taxed areas. It's a shift that's been long awaited
Hedge funds will start real estate companies this will reduce when we prospect for listings she’s on the hedge funds side. They will be able to control appraisals by select honesto get higher comps bad for realtors
Yeah, but some institutions they still give you 5.2% even though you have an excellent credit score and 4 yrs. Working at the same job . They like to take advantage that's why people don't want to commit, crooks are all over.
This people are scammers what she didn’t say is free money is not for normal people and this people are speculating with the real state ! What fascinate me they all bullish !!
#1 remember when investing in RE is to buy the property for Cash Flow. That way, regardless if market decreases, you can still rent the property out and make additional cash flow. Regardless if home value decreases. #2 Buy a home in an area that WONT be affected when people lose their jobs. Such as Blue Collar workers. (nurses, construction, etc.) People will always need a place to live. 2-3 bedroom, 1-2 bath,
She's fairly educated when it comes to economics, however notice how realtors are ALWAYS bullish. Just go back and watch some vids from 2006-2008: "RE never goes down" Even Ben Bernanke said it wasn't going to go down - lol. It almost brought down the entire financial system in Sept 2008. It's all about patience and timing.
agree however all the big wirehouses went down!!!
Ben, I've been telling people to sell their property in high priced markets and reinvest in cash flow markets with job growth. I do believe people need a place to live, but most won't be able to afford to buy. This leaves an opportunity for people to buy affordable rental homes and build wealth as a landlord
@@kathy_fettke Hey can you show the CALCULATIONS FOR THE NEGATIVE CAP RATE?
Toastmasters really worked for you? Maybe I'll try it soon 🙂
Strong presentation. Thank you for sharing!
not about timing, but about the concept of debt.. we are going down
Buying real estate makes you poor unless it brings money in your pocket this is Kiyosaki basic so anyone who buys real estate should always remember this ignore other things
brigsbros corporation ..so its not all about bloodsucking on the wages and savings of poor people and one should ignore the history of the Russian revolution where rentiers were killed as a disease on society for there effects on people and prices..?
@@MR..181 So renting someone a home is bloodsucking? People say the stupidest Sh#t. Is Hertz bloodsucking when they rent you a car, moron?
Question: During the 2008 subprime crisis how does the lending bank force the payer to pay up more in monthly dues than the originally agreed amount - are they doing it illegally (that's how the house was lost - all three of them and is now living in an apartment)? Or what do you specifically watch out for during the contract signing (or something else)? P.S. He could not afford a lawyer.
pay your mortgage banks are not going to affect you====it sounds like he got an adjustable ARM
How does 10 properties in Texas can compared with one in San Jose Silicon Valley? In California area like Palo Alto, Cupertino, Beverly Hills, Santa Monica or even Pasadena, there are definitely more populations then houses in those areas.
In Texas many area do have high property tax, and price range are less then 500k, most young professionals can buy on their own, why rent? Maybe Austin is probably where you want to be in Texas, definitely less vacancies and high demand because University of Texas and hi tech company.
Frances T 10 times the income with 10 houses. And way better eviction laws in Texas compared to California.
This does NOT explain how the nation will cope with the 24,000,000 current 18 to 23 year olds of whom only 25% end up as college degreed professionals. This presentation also does not explain how the nation will cope with another 4,000,000 18 year olds every year for the next 20 years. Only 1,000,000 of those each year will end up as college degreed professionals. The building industry only wants to build for the affluent. All over the nation people are living in their vehicles because auto manufacturers have products closer to the needs/pocketbooks of the consumers.
Potomac Sun and rapidly,fading at that
Yes this is a big problem. It's very difficult for a builder to build affordable housing and make any kind of profit. So they don't. The lack of supply will drive up prices on the affordable side - making it less affordable. It's an opportunity for investors but a problem for renters and first time homebuyers
@@kathy_fettke You are correct. In my area(NJ) the higher end real estate is sitting longer while the more affordable homes are being sold in less than 30 days. Some get multiple offers.
Based on all this data you painted a picture of a recession coming in the next 6-12 months.
yES ... a picture for fools to follow.. in the 2k years " Crash " wise investors.. made a killing buying up forclosures or short sales.. DO NOT LIVE BY this person's lack of TRUTH.. except she is CORRECT bout' the Rental Market.. and IF THE NEXT " CRASH " comes... then even more renters will be available... always act on your LOCAL MARKET RESEARCH... not broad fairytales... or you will crash and burn... financially as a Real Estate LOSER.
Probably more like one year from now
So it's 2022 and all real estate numbers are red hot
This was absolutely the worst pitch I've heard in my life. The lack of reasoning and concluding ability here is concerning. Great public speech though. Basically you're saying the market will eventually go down because it hasn't gone down in awhile... That's it. What's more likely is that coastal real estate that's always been unaffordable will experience issues because companies and millennials are moving to lower taxes states. It's a shift because of over reaching trading. The new tax law will also influence this shift since the property tax write-off will not help those ultra rich properties and high taxed areas. It's a shift that's been long awaited
That's exactly what I said!
Hedge funds will start real estate companies this will reduce when we prospect for listings she’s on the hedge funds side. They will be able to control appraisals by select honesto get higher comps bad for realtors
They are only about 2%of the rental market. 8M individuals own at least one rental property. We are still the leaders as mom and pops!
rent controls will start kitchinkg in and reduce values
Maybe in the People's Republic of CA but the rest of the country knows rent controls don't work.
Yeah, but some institutions they still give you 5.2% even though you have an excellent credit score and 4 yrs. Working at the same job . They like to take advantage that's why people don't want to commit, crooks are all over.
Hey kathy big fan, you can use my face as a seat any day of the week
They own a lot of 1 ,2, and 3 family houses .
Increasing cost of energy, technology fired people, salaries go down, Boooooommm house market grow up of high amount of debt
This people are scammers what she didn’t say is free money is not for normal people and this people are speculating with the real state ! What fascinate me they all bullish !!
I personally think this video is very biased.
Tracy58342 this info says that hedge funds will create real estate
Realtors are always bullish,with investors money!
I was just watching her talking about nrgative cap rates. She is a clueless scammer. Beware!
The Oligarchy is the ones who really run the show here.
crash is coming people
Erum Baloch
Wow! Tremendous insight!