No one has ever been killed by a N. American saltwater crocodile. In fact, the 1st attack ever occurred only within the last few years. They are much less aggressive than alligators and generally stay away from humans.
I really enjoy watching your videos...I'm an engineer and builder out in Maui but built in the Bahamas too but have a lot of friends and builders I know in Florida and they're confirming what you're saying. It's very educational and your delivery is great Michael.
I'm a minimalist. I keep my expenses to a need only. Groceries is what is killing me. I walked out of the grocery store with 3 bags that cost almost $100.00 and mind you I purchased no meat! Nothing but fruits, vegetables, coffee, tea, eggs milk etc...CRAZY!
I live above a laundromat and ppl toss their unwanted food in the dumpster I also scrape Bambi off the local highway My food budget is about $10 a week (Mostly cream for my coffee and a dozen eggs)
Don't even waste your time Michael, these folks that just want to complain aren't even listening and you owe no one ,anything. Your channel is solid and your character is solid. You deserve to make money and don't let a single person tell you otherwise. Folks that complain about these things are always the biggest hypocrites! Almost at 80k!!!!! Woohoo!
Exactly. It’s always the types that are just jealous of the success of others. People that are genuinely happy in their own lives don’t feel the need to rip others down and spread negative crap.
I appreciate that Dia! I know I don't owe anyone an explanation but I just wanted to clear the air on this since I've been seeing more complaints about it which I figure is normal but I addressed it and I'll keep doing what I think is right. I agree that I deserve to make money far more work goes into making these videos than most people realize. Yes almost 80k! Hopefully 100k this year 😀
@@MichaelBordenaro that was so political. The big scary S word. I am not too worried about these folks coming from the south. The far greater number of Nazis moving here that's the problem. Thank you Meatball Ron DeSantos. Trump 2024!!!
Just wanted to say as a Realtor for over 20 years I hope folks realize how genuine you are and how many gems you drop for free in every video. Kudos for being authentic and so informative. Loving the Keys ❤
You don't have to justify your choice to do paid sponsorships. You bring good information to people, and it takes time for you to put it together, edit and present it to us.... FOR FREE. If a person can't understand and appreciate that we can watch, learn and be entertained by you on someone else's nickel and see the value in that, well all I can do is shake my head. As long as you use sponsors you believe in, then I'm fine with it. Side note, my 95-year-old mom has dementia and only certain shows will hold her attention. She likes watching you with me, I think its a combination of the scenery passing by behind you and the level of your voice. She will nod her head and talk back to you occasionally which is so cute! :) So keep doing what you do, ignore the complainers. You not forcing anyone to buy anything, you just letting them know about the product.
The Myztic Traveler agrees...... Those were four minutes that went to waste......You have never heard the Lone Ranger explaining his mask before have you? Some things you just need to get on with. Doing your show, your way is one of them.
when people from colombia can buy out your real estate in one of the more expensive real estate markets in the country... something is seriously not right.
Like many countries in central and south america, the top 2% have most of the money, and, there is basically no middle class, just all the rest living small paycheck to small paycheck. So those buying in Miami from there are the few who have taken advantage of cheap sweatshop non-union labor….ugly. Wish the US had rules like thailand preventing foreign owners of property- 30 year lease is ok but not outright purchase.
HI Michael, an argentinian here!.... South american people buys in Florida not because they are escaping their countries, but as a way to put the money out of the country away of the goverments hands... of course some moves to Miami... but in general is a way to save the saveings lets say. Love your channel!. Keep it up!. cheers
Interesting that you mention Colombians driving up real estate prices in Florida. I live in Medellin, Colombia and we have locals complaining of gentrification because gringos are buying up property and digital nomads renting, driving up prices to the point that locals can't afford living in certain neighbourhoods anymore.
Happening in Ecuador, Panama, Costa Rica, Mexico, Puerto Rico, Thailand, Portugal, Spain…. Everywhere you look, Americans are buying properties outside
You've probably saved a good number of people from making a big mistake by moving to Florida Michael. Thanks for being an upstanding guy. Need more people like you in this world.
I think alot of them from south America go to Florida is due to large established Latin America communities and family/friends already there. The weather is also similar. It is like moving to another country but keeping most of their home culture.
To add to the alligator / croc discussion, A women landscaper lost her life to an attack on Sanibel island. There was a pond on the property. After that Sanibel started to have an alligator hunting season w/ permit because for many years they would just relocate them on the island so the population became out of hand. The same warnings were posted around restaurants but tourists wanted to feed them.😣
You'll easily expand your audience beyond the Miami real estate market to covering national and international trends! Your channel is like having a well-informed friend sharing information with you on a walk. Thanks for taking me along!!
When wealthy foreigners buy US real estate, it's not necessarily because they want to live in the US. I would bet that a good percentage of the Latin American money pouring into US real estate is the product of the drug trade, political corruption, etc. By parking money in US real estate these foreigners have a relatively safe asset that can't easily be seized by officials in their home countries.
Unfortunately, I think that is a large part of it as well. And us locals have to suffer the consequences of it. But I can tell you as someone that lives here in 15 years the roads and city itself is noticeably more crowded.
Mike, I purchased a condo in Naples that was built in 2004 and sold new for around $145,000, My purchase price in 2009 was 99K and because my partner did not own a house we got the stimulus money from the Feds, that was 8 or 9K I really don't remember. We both changed our domicile to Florida so now we get the Homestead credit. Similar condos in our complex are selling for around $315,000, and our property tax is around $900.00. In every economic cycle, there are winners and losers. If you don't want to be a loser keep your debt low, invest at least 15% of your gross income, and have a great credit score, so you can take advantage of these opportunities.
A great credit score is going to hurt people looking for a mortgage down the road. They will pay more. Crazy what banks are doing to people who have been smart with their money.
@@lvlv1225 I don't believe the banks are doing that, this regulation was passed by the demented in-chief, Biden. Now people with good credit scores, and who take out a mortgage for more than 15 years will be subsidizing the deadbeats.
Michael , you don’t have to explain yourself, if the viewers don’t want interruptions, they can pay for it like you do. Love your channel keep doing what you do
On YT in recent weeks an elderly lady with her dog on a leash near the pond behind her house was 8 ft from the water and an alligator grabbed her and pulled her in while her neighbor watched in horror. The gator was maybe 6-8 ft long. Amazing how fast he got on the beach and grabbed her. You can watch for yourself. Those kids will be gone in 60 seconds.
You are great to speak up; I don't know if some folk listen to or read anything. I just had trouble with the receptionist and the checking-in guy at a Toyota dealership. She called the landline instead of paging me and I was left for hours. So, it's not just those kids' stupid parents.
My father in law built a house on Tavenier in the 70's. We could have moved there in 1996 but after living there full time and realizing the lack of privacy and each weekend dealing with the Miami crowd we decided no. You could hear every house activity along the canal. You can't go boating when the weather's bad. U.S 1 is a nightmare coming into keys. Prices are higher for goods and services. Tourist are in a hurry to have fun it's not as mellow as they portray it.
Yes that sounds miserable. I would find a nice lake house somewhere if I really needed to be near water. Arkansas is a hidden gem for value or Tennessee
@@brianmatthews4149 I was born in Pa. and we moved to West palm Beach in 1965 when was 11. Retired to West Central Georgia to a timber county built a house on 135 acres. Great deer hunting change of seasons and no neighbors. Loved the ocean growing up fished, dived,surfed but had to get out. Moved back to America.
Gleason park in Indian Harbor Beach has signs all along the edge of the lake. The large signs clearly say “ alligators may be in the lake”, yet Parents let their kids stand on the rocks by the edge of the water. They weren’t even looking in the kid’s direction! The lake is full of many kinds of turtles, large fish and birds. Alligator heaven.
Yes, visiting the West Coast is an excellent idea, from Naples to Clearwater. I think the West Coast is superior to the East. We just returned from a few days in Clearwater Beach and will return. Plenty of hotels, plenty of shops, plenty of restaurants by the beach. We did a lot of walking and felt very safe. I view Miami as just too expensive , more ghetto and more unsafe than 15 years ago. And you had be careful then. Luckily, I speak some Spanish, but there are areas where they resent speaking to you in English. The problem with Cuba and money laundering in the city has over the years screwed it up! Folks coming from Latin America with tons of dollars should raise some serious red flags.
Great metaphor Mike. Sad but true in both cases. Some people are very negative, and they get out here on social media just trying to upset everyone. Don't listen to the haters. You've helped me much more than you know. I would have bought a condo in Pensacola and really lost sooo much money. You saved me from that fate. Thank you. Really. You're the real deal, and you help a lot of people
Thank you! So glad to hear I help you save a lot of money. That's what I'm trying to do here with folks and whenever I hear stories like yours I know I'm on the right path
I talked to one guy in CA that said every payday he would buy silver and put it in his closet (back when if was $4). When it hit $40 he sold and made some coin. I've been watching gold for 40 years and it has been a bad investment overall. My attitude is if we get to the point where gold is the only thing valuable you will need lead to protected it.
Yeah gold is good If you have a functioning society! What good does it do us? I have always said you can't eat or protect your family with gold or silver, but beans and bullets are a different story. I agree with you.
@@thetapheonix sure 40 years its keeping up with inflation and some. I'm just saying as an investment it's not that good. If you bought a house in San Diego 40 years a go it would have been a better investment.
I’ve got to say that I’m pretty sure that one of the main reasons I love your channel is because of your Honesty. Plus you always have great content. Blessings, Carlos ✝️🙏❤️😊❗️
Your comment on that refrigerator made me think back to 2007. I lived in the Ogden Valley near 3 ski resorts. I was in construction. A developer came in and bought a beautiful piece of property against Pine View Reservoir. Put in all the improvements to do a condo complex. They finished first 4 plex in 2008. Each unit had 80K in kitchen appliances. Wolf, Viking, etc... Of course they finished and were ready to sell in 2008 about six months after residential crashed in October 2007 in Utah.
the sad part is that property taxes doesn't have to go up drastically IF the politicians controlled their spending. Their budgets are done a yearly basis
My Uncle has been buying gold since it was $425/oz. Seems to work well as a hedge against the fall in value of the dollar. BTW, my new neighbor is from Argentina. he said Argentina is falling apart with high inflation and rising crime due to poverty. he does not understand USA is moving toward the same Socialist policies as Argentina, Chile, Venezuela, etc.
Thats right, gold has held up over time like most other investments haven't. I don't think most of these people coming here have any clue that the same changes are undergoing here
So much fear about socialism in the US. The US has a longgg record of spending beyond its means, it is already ‘socialist’ - in many good ways such as social security, and many bad ways out of control military spending.
“If we lose freedom here, there is no place to escape to. This is the last stand on earth.” - Ronald Reagan (“Equity” is communism. “Equality” is the free market.) Socialism only benefits the elites.
We have been looking in the Keys for months. So many were bought in 2015 and now listed for $400-$500k more, with a house that hadn't been updated. Guess we will wait and hope that some of this insane price inflation goes away. Wish we had bought in 2015.
I really enjoy the information on your videos. Yes, I agree, so much is happening at the same time. It is scary. We lived on West Coast of Florida for 23 yrs. We recently moved to Stuart, FL. In just less than 2 years our taxes and insurance have doubled. We purchased a new single family home certified hurricane specification. Honestly I am disgusted.
You don’t have to explain yourself Michael! Your regular viewers know you are a person of integrity. I live in Broward and I love your genuine information.
Great commentary. Those kids are probably visitors from another state. Water moccasins, Crocs, alligators, baby rattlesnakes. A very real thing in Florida. Also, anacondas. My wife had her jet ski out , parked near shore by Bayport, having some lunch, with her friend,and saw a huge snake, probably 12 feet long, slither into the water. She got away quickly. This was the central Gulf coast , north of Clearwater.
We got our estimated property taxes for next year and they went up the highest they ever have before. 33% average, some as high as 50% increase. In a hot neighborhood, one block area, there are six houses for sale. There were two last year this time and one of those two is a house that was priced too high last year and too high again this year and is one of the six for sale now. One of the six just sold last week so if priced correctly, it will sell. Denver, CO
Michael, you don't have to defend the success of your channel and companies wanting you to sponsor their products or services. Some of my favorite channels have tons of ads in their videos and I just use the "RUclips Playback Speed Control" extension to fast forward through the ads if I'm not interested. Keep doing what you're doing, we love your videos and want you to be successful.
Excelent program Michael, just to fill in why south America choose Miami, or Florida 1st new socialist goverment and radicalism. 2 nd capital risk management. 3 rd language, Miami has moved to spanish. 4 th Shipping..Miami is the outlet to the caribbean and south America. 5 th keeping up with the Jones. Thanks for sharing.
I am in orange county California. I watched someone do an interview on the streets of Newport Beach one of the highest price multi million dollar home area in California asking them as they walk by if they’ll take a 1 ounce gold coin for the baseball cap, or another piece of clothing that they had on Just to see their response. And to prove a point. There was a gold and silver coin shop jewelers right behind where they were doing the interview where they offered to take the people in to verify the gold was real. Nine out of 10 people rejected his offer with excuses such as I’m not a collector, that’s Queen Elizabeth on the coin I’m not going to England, why would I want that, it’s a scam, even though he offered to go into the gold store with them. The only taker was a guy from out of the country Newport Beach, California.. what planet are people living on? No wonder we’re in the situation we’re in.
Just spent the day in Seattle. It was absolutely gorgeous. Stunningly beautiful. The lake waves shimmering sunlight with the mountains in the background. (Technically in Kirkland near Lake Washington). And... I couldn't wait to get out of the masses into a rural landscape with more trees than people. There is a lot of land in the US that people should explore. Personally, I float up and down I-5 in Oregon and Washington for work. So many beautiful areas on either side of the interstate.
Seattle is having alot of problems! And ALOT of business themselves pulling out because of crime and theft. I watch a broker there periodically. ( News for reasonable people, on the tube.) And have a friend that lives outside Seattle. Not a place I’d want to be. Seattle, Portland, LA, SanFrancisco. Any of those places. Lotta crime and drugs and defunding the police hasn’t helped any of them either. Glad you enjoyed your time though.
Lifelong Seattite,60 years. Making plans for an exit strategy. Your right about the surrounding beauty, landscape, also the access from Mt Ranges to Coastline, the people and policies that have overcome this emerald gem is horrendous, is a colossal understatement. I cannot defend my people, and will go on the road to tell the glorious stories of the 60's thru the 80's when Seattle had the Big Town feel to it. I've no interest in watching her continue to die.
They are full of crap saying inflation is only 4.6%. Are you kidding me? 2 years ago I averaged around $150 when I had to shop for groceries. Now, I'm spending $200+ every time. Today I spent $300! It's ridiculous! 9%-12% sounds more like it to me!
I love the Keys, but they're expensive as hell. I considered buying a park model home down there a few years ago, but it was going to cost nearly $300k for less than 400 sf, and still pay lot rent. I'll just continue renting a condo by the week whenever I'm down there.
I lived in the Florida keys and the eighties in Tavernier. My mom worked in Islamorada at the world famous tiki bar. That house on Navajo is off of the Indian mound road. My best friend lived on pueblo street. So cool to see you walking around where I grew up. It's not what it used to be but it's Still pretty chill. I'm wondering if any of those homes the single stories down there are insurable at all. The house we lived in was on stilts and we weren't allowed to build the bottoms in back then but they're built it now. Lived on gardenia street right by the bridge and Tavernier behind the gas station over there. Another thing I find it interesting that there's crocodiles down there when I was a kid that was not an issue. We've played in the water all the time and even swim in the canal behind our house with the manatees.
Thanks, Mike, for being a “Stand Up Guy” with regards to your sponsors and all the “Gold” talk. Can’t believe viewers are actually bitching about it. Anyway, it shows you have great character with proper ethics and morals. Keep up the outstanding work!
Hey Michael take us to Myrtle Beach, I love Florida just a little too hot for me. From Upstate NY and am looking to move to the Myrtle beach area. I’ve been watching the market closely for a few years and the value just seems great for the location.
@@MichaelBordenaro that would be great, I and others I believe would love to hear your take on the area especially since you have never been there. That would make for some awesome content. Love your channel!!!
11:23 $120,000 in 1998 vs $830,00 today!!! That's the beauty of Key's real estate. The first time I heard of *The Key's 2023 building permit moratorium* I knew the values would go nuts. It'll be interesting to watch what happens now when property owners sue to protect their constitutional right to develop their own land.
@@andreaberryman5354 And you're probably right, but that's kinda missing my point. Beginning in July (2023) *Monroe County* is not supposed to issue any new building permits... NONE. You own an empty lot in a residential community? Fine. Own it; but you can't build on it. In fact since 1992 there's been a ROGO (rate of growth ordinance) in effect which only issues a limited number of permits every year and it had nothing to do with first come, first served. It was a competitive process which determined how great an impact your 'build' would have on the environment. If you're understanding my point though, what do you think will happen to home values in any community where no new homes are allowed to be built?
I remember the kid in disney that got taken by a croc few years back, I heard it dragged and drown the kid down not actually eat her/him. I actually was there few weeks before the incident and there's no sign about crocodile in the area, it is actually inside the resort that people can play by the man made beach.
Our current state of affairs is not sustainable, from bank failures, high inflation, housing bubble, etc. It's only a matter of time for something to reset. While people are moving here for affordability and stability, the same goes for many Americans lately leaving the country. Nonetheless, our govt needs to do something to control this.
Michael, you talk about people moving to Florida from South America. Have immigration rules for foreigners coming to the US been scrapped? What visas are these folks entitled to please?
I think there is a hybrid pricing tier in effect. Previous home prices were valued upon people not being as "home-centric" as they were prior to COVID. With everything being delivered to homes via Amazon/door dash/etc .. as well as zoom/virtual meetings/immersive reality/VR people are just spending more time at home and less shopping in malls and being entertained in public venues. Sinking even more money into their home surroundings is now a priority more than ever before. To support this theory I point to companies like BBBY and countless other brick and mortar retailers beginning to shutter operations. I think prices will stay high and simply become the new baseline until future increases eventually roll in. I know in my area desirable locations have already built out.. there is no room for inventory increase, aside from building more high density buildings, for those who want to keep the single family lifestyle and not be 1hr away in the suburbs, prime location homes will stay high indefinitely.
It's really weird in TX. Buying a home in some areas are crazy over valued still but only for used homes. If you get a new one in the same area they are actually reasonable, so it's the sellers that are the problem. House flippers can die painfully and slowly, I hope they all lose their shirts.
I don't understand. Don't any of these (obviously expensive) homes have garages? Or do people like their cars to get baked in the sun? Do garages count into the value of property taxes, whereas carports are NOT counted???
I've been following you for a while now and I have no problem with you promoting gold or silver. The thing is Michael gold and silver can and has been manipulated in the past. But ultimately it's everyone's decision to do their own research when investing in anything from a house to silver. Great informative videos!
Good point, I don't care if my boat propeller goes up 30% from $400 to $700 i need one every 5 years or so. But when my insurance goes up 300% it really sucks to go from $2000 a year to $6000 every year.
I bought gold and silver 23 years ago. It’s been gathering dust in a drawer ever since. Buying it is easy and expensive. Unloading it for a profit, not so easy. But, I enjoy your channel so you keep doing you. Differences of opinion are good to share because like you said we each have to make our own decisions.
It's really not that hard to sell if you want to get rid of it. Any company that brokers gold and silver will take it off your hands. But you're right, we're all entitled to our opinions
My bank offered to buy mine and also they will use your stack as collateral for any loan u may need to take out. Gold and silver are about the most liquid assets on planet earth. You need to go to a coin shop or a bullion bank and you’ll find out how easy it is to sell your gold and silver. But I’m the meantime, keep it hidden because pretty much every thief will love to take it from u.
I can’t believe you didn’t talk yourself into a private showing of those super cool properties. I mean, if they are going to be ready in the next week or so, they should be good to look at. Win Win for you and the folks building.
I buy mostly the same things every week. Last week, several items went up in price again. There is NO way the government is correct about inflation. So either they're idiots or knowingly lying.
The Fed's key inflation rate strips out energy and food. So, it does not adequately convey inflation at the household level. Also, businesses can raise prices higher than the inflation rate because the consumer has been primed to accept high inflation. Also, it's not like you can live without food.
We have people who are lifetime politicians running our country. Doesn’t mean they are smart. How can a NY politician AOC earn 176k a year and after 3 years be worth 29 million? Nothing makes sense.
Michael, I'm in my late 50s and grew up in Miami all the way through college. Latin Americans (I'm talking about people not from Cuba or Nicaragua) have been coming to South Florida in large, affluent waves since at least the late 80s. The biggest reason for that is that it's close to their homelands and it's really the closest thing to Latin America that you can find in the USA.
Yes, I know it's been happening for decades. But if the money continues pouring in here, like it is, then, I don't see how prices can come down significantly. Which is unfortunate for many people that actually live and work here.
I look forward to your videos because you are grounded, have experienced the increases, have common sense and you always disclaim and tell the audience basically- here’s the info make your own decision- just putting it out there. I enjoy listening to the mix of real estate and the economy /the banks/punishment for top credit scores 5/1/23 in real estate. I listen, learn and THINK - how does this info affect my life and my plan. Happy birthday to your Wife🎂
Buying gold and silver sets the baseline of your portfolio from 0 to 5%. Meaning if the economy tanks and your return goes to 0% having gold keeps you above 0%.
People from South America may in part be moving to South Florida because there is more Spanish spoken there... and great Latin food and culture. If I were to move overseas, a country that spoke a lot of English would be a big selling point.
Thank you Thank You THANK YOU I was pre-approved early last month $350-375k at 6.2 APR I was extremely happy when received the pre approval. I immediately spoke to my realtor and went looking for a home the day. I saw 3 homes on that Wednesday and put an offer on one that Wednesday night. It was an Opendoor home for 330k. Long story short, by Friday I received the an estimate of the price. It was $2712 per month with 11k down. Also I learned about a CDD. Community Development which was $200 added to my mortgage payment. I also the insurance quote was not included. The reason why I tried to purchase was because I was eligible for a Hometown Heroes loan. The home was in Hillsborough County. The home was half the price 3 years prior. I spoke with my wife and she said it was too expensive so I agreed. Fortunately I said no and have not had one single regret. It is not the time and that is ok. It happens. When the time is right then I will revisit. The irony is when people tell you that you may not have the same opportunity to buy again. 😂 What they should say is you may not have the opportunity to get ripped off like this again. A bad idea always ends the same way. With regret. I watched this channel after I made the decision not to buy. With all of the information you provided it was a breath of fresh knowing what I would have been walking into if I would have bought. I remember 2008 I bought two homes in 06-07 to flip. I had to foreclose one and short sale the other. It was a nightmare. An absolute nightmare. Anyone watching or thinking about making a huge investment please review ALL of the information and be cautious. Overpaying is not the course of action I would recommend.
I hope no children get killed from ignoring the croc warnings.😞 It's completely avoidable and not necessary to lose a life... • had to come back and add my 2 cents lol So, Michael? I do understand that you do your best to reach out to all requests and advisors with valuable input about how to run your channel. As someone who is old enough to be your mother, my opinion is that you continue right on with the way you're doing things. Let me tell you, if I had enough to stock up in gold and silver I sure would! Seeing a phone number or an advertisement on RUclips? Good God amighty, clutch the pearls honey 😳 lol Michael, you're doing so amazing Dear. I promise you! But don't listen to me ok? Look at your own data. {I know you already do lol} You know the old saying. You can lead a horse to water but you can't make him drink. And no, I don't think anyone is a horse. lol
Excellent topics and information. We are living in NC and enjoy the area. The housing market is crazy though as military get orders to move and new come in. The military overseas buy homes unseen and sellers benefit over this.
Buyers BACKING OUT Insurance is TOO HIGH! ruclips.net/video/pl4pm9nTiE4/видео.html
No one has ever been killed by a N. American saltwater crocodile. In fact, the 1st attack ever occurred only within the last few years. They are much less aggressive than alligators and generally stay away from humans.
Buying gold and silver is good advise! I been doing it since '94'. The people that say it's a bad idea are the people that can't afford it.
@@robertslatten556 if you can save money, you can buy precious metals.
But that’s the problem with many Americans. No one saves for anything.
I really enjoy watching your videos...I'm an engineer and builder out in Maui but built in the Bahamas too but have a lot of friends and builders I know in Florida and they're confirming what you're saying. It's very educational and your delivery is great Michael.
Oh boy. The indicators are not there for an official "recession"🧐
I'm a minimalist. I keep my expenses to a need only. Groceries is what is killing me. I walked out of the grocery store with 3 bags that cost almost $100.00 and mind you I purchased no meat! Nothing but fruits, vegetables, coffee, tea, eggs milk etc...CRAZY!
I live above a laundromat and ppl toss their unwanted food in the dumpster
I also scrape Bambi off the local highway
My food budget is about $10 a week
(Mostly cream for my coffee and a dozen eggs)
@JBanana
That would harsh my buzz
You got EGGS! 😮
@@skepticalmechanic 😅
@@jimcrawford3185 wow
Don't even waste your time Michael, these folks that just want to complain aren't even listening and you owe no one ,anything. Your channel is solid and your character is solid. You deserve to make money and don't let a single person tell you otherwise. Folks that complain about these things are always the biggest hypocrites! Almost at 80k!!!!! Woohoo!
Exactly. It’s always the types that are just jealous of the success of others. People that are genuinely happy in their own lives don’t feel the need to rip others down and spread negative crap.
I agree..ignore these boring complainers, your Chanel’s great!…they can go elsewhere with their petty comments.
I appreciate that Dia! I know I don't owe anyone an explanation but I just wanted to clear the air on this since I've been seeing more complaints about it which I figure is normal but I addressed it and I'll keep doing what I think is right. I agree that I deserve to make money far more work goes into making these videos than most people realize. Yes almost 80k! Hopefully 100k this year 😀
You will get there 👍..your the first channel I switch on…love the walks and talks, thanks Michael.
@@MichaelBordenaro that was so political. The big scary S word. I am not too worried about these folks coming from the south. The far greater number of Nazis moving here that's the problem. Thank you Meatball Ron DeSantos.
Trump 2024!!!
Just wanted to say as a Realtor for over 20 years I hope folks realize how genuine you are and how many gems you drop for free in every video. Kudos for being authentic and so informative. Loving the Keys ❤
That's like one used car salesman telling another they are honest. You wouldn't know.
Haters gonna hate.
I do agree we are getting gems of information that we can watch over until it sinks in. Sooo many variables can get complicated fast.
You don't have to justify your choice to do paid sponsorships. You bring good information to people, and it takes time for you to put it together, edit and present it to us.... FOR FREE. If a person can't understand and appreciate that we can watch, learn and be entertained by you on someone else's nickel and see the value in that, well all I can do is shake my head. As long as you use sponsors you believe in, then I'm fine with it. Side note, my 95-year-old mom has dementia and only certain shows will hold her attention. She likes watching you with me, I think its a combination of the scenery passing by behind you and the level of your voice. She will nod her head and talk back to you occasionally which is so cute! :) So keep doing what you do, ignore the complainers. You not forcing anyone to buy anything, you just letting them know about the product.
I know just wanted to put it out there. That is so nice that I can still keep your moms attention! How wonderful!
@@MichaelBordenaro hey ಠ益ಠ no commercials got it? Jk 😂
…but watch out, Michael, you’re getting a sunburn!
Glad you are making people happy and informing them all the time. You rule Micheal…
The Myztic Traveler agrees...... Those were four minutes that went to waste......You have never heard the Lone Ranger explaining his mask before have you? Some things you just need to get on with. Doing your show, your way is one of them.
when people from colombia can buy out your real estate in one of the more expensive real estate markets in the country... something is seriously not right.
They overpay to outbid and falsely inflate the market. They should regulate foreigners buying residential.
Are they drug dealers? How do these foreigners afford all these stuff?
@@chiragmehta8212 I will say yes for $300 alex
For craps sake Columbia is a country with a medium economy. Obviously it’s the rich ones. Not everyone is dirt poor there or a drug lord.
Like many countries in central and south america, the top 2% have most of the money, and, there is basically no middle class, just all the rest living small paycheck to small paycheck. So those buying in Miami from there are the few who have taken advantage of cheap sweatshop non-union labor….ugly. Wish the US had rules like thailand preventing foreign owners of property- 30 year lease is ok but not outright purchase.
You can’t fix Stupid parents. Those kids were so vulnerable. A Sign isn’t even enough to joggle their brains. Glad you highlighted it.
I couldn't believe it!!
I think the majority of ''parents'' ARE StoopidAF
HI Michael, an argentinian here!.... South american people buys in Florida not because they are escaping their countries, but as a way to put the money out of the country away of the goverments hands... of course some moves to Miami... but in general is a way to save the saveings lets say. Love your channel!. Keep it up!. cheers
Bad thing about that is they come here and drive prices up by overpaying. Screws everyone else.
I m surprised to learn you don t trust gov t
Yes, I suppose that's part of it but a lot of people actually move here too. Miami has become noticeably more crowded than 10 years ago.
Miami was good on the 90’s , today is too crowded.
Dont worry we'll start buying property down there and drive up your prices too soon enough.
Interesting that you mention Colombians driving up real estate prices in Florida. I live in Medellin, Colombia and we have locals complaining of gentrification because gringos are buying up property and digital nomads renting, driving up prices to the point that locals can't afford living in certain neighbourhoods anymore.
Happening all over…crazy world and crazy times we live in.
Happening in Ecuador, Panama, Costa Rica, Mexico, Puerto Rico, Thailand, Portugal, Spain…. Everywhere you look, Americans are buying properties outside
@@amylee9 Not in Thailand. Must be Thai to purchase property in Thailand.
Exactly.
@@danah358 a government looking out for its country's people, national pride, & environment.... "Beauty"
You've probably saved a good number of people from making a big mistake by moving to Florida Michael. Thanks for being an upstanding guy. Need more people like you in this world.
I think so too, people comment on that all the time saying how they had no idea it was this expensive now.
I think alot of them from south America go to Florida is due to large established Latin America communities and family/friends already there. The weather is also similar. It is like moving to another country but keeping most of their home culture.
To add to the alligator / croc discussion, A women landscaper lost her life to an attack on Sanibel island. There was a pond on the property. After that Sanibel started to have an alligator hunting season w/ permit because for many years they would just relocate them on the island so the population became out of hand. The same warnings were posted around restaurants but tourists wanted to feed them.😣
It was on 9/11 so few know..She died of the infection from the water..
i WANT SOME GATOR SKIN BOOTS, WALLET, AND BELT...A JACKET WOULD BE COOL TOO.
You'll easily expand your audience beyond the Miami real estate market to covering national and international trends! Your channel is like having a well-informed friend sharing information with you on a walk. Thanks for taking me along!!
When wealthy foreigners buy US real estate, it's not necessarily because they want to live in the US. I would bet that a good percentage of the Latin American money pouring into US real estate is the product of the drug trade, political corruption, etc. By parking money in US real estate these foreigners have a relatively safe asset that can't easily be seized by officials in their home countries.
Unfortunately, I think that is a large part of it as well. And us locals have to suffer the consequences of it. But I can tell you as someone that lives here in 15 years the roads and city itself is noticeably more crowded.
Mike, I purchased a condo in Naples that was built in 2004 and sold new for around $145,000, My purchase price in 2009 was 99K and because my partner did not own a house we got the stimulus money from the Feds, that was 8 or 9K I really don't remember. We both changed our domicile to Florida so now we get the Homestead credit. Similar condos in our complex are selling for around $315,000, and our property tax is around $900.00. In every economic cycle, there are winners and losers. If you don't want to be a loser keep your debt low, invest at least 15% of your gross income, and have a great credit score, so you can take advantage of these opportunities.
A great credit score is going to hurt people looking for a mortgage down the road. They will pay more. Crazy what banks are doing to people who have been smart with their money.
@@lvlv1225 I don't believe the banks are doing that, this regulation was passed by the demented in-chief, Biden. Now people with good credit scores, and who take out a mortgage for more than 15 years will be subsidizing the deadbeats.
@@lvlv1225 That's an easy fix, just tank your score so someone else pays the difference.
And the way it works is these people that ignore the crocidile warnings are the first people to complain when a croc bites their leg off.
And the first to look for someone to sue for it.
Bingo!
Michael , you don’t have to explain yourself, if the viewers don’t want interruptions, they can pay for it like you do. Love your channel keep doing what you do
They built a bunch of those trailers on stilts in Jensen Beach, FL They look ridiculous and a strong hurricane will blow those things to pieces.
A better question is why the bailout for Silicon Valley bank with no questions asked and why not first republic?
17 foot croc? Holy crap. Has no one seen that movie Crocodile Dundee? Those things will hunt you down....
On YT in recent weeks an elderly lady with her dog on a leash near the pond behind her house was 8 ft from the water and an alligator grabbed her and pulled her in while her neighbor watched in horror. The gator was maybe 6-8 ft long.
Amazing how fast he got on the beach and grabbed her. You can watch for yourself.
Those kids will be gone in 60 seconds.
Exactly what it reminded me of. I remember that. 😱
Yeah, and that's a tiny one compared to a 17 foot crocodile !!
You are great to speak up; I don't know if some folk listen to or read anything. I just had trouble with the receptionist and the checking-in guy at a Toyota dealership. She called the landline instead of paging me and I was left for hours. So, it's not just those kids' stupid parents.
My father in law built a house on Tavenier in the 70's. We could have moved there in 1996 but after living there full time and realizing the lack of privacy and each weekend dealing with the Miami crowd we decided no. You could hear every house activity along the canal. You can't go boating when the weather's bad. U.S 1 is a nightmare coming into keys. Prices are higher for goods and services. Tourist are in a hurry to have fun it's not as mellow as they portray it.
Yes that sounds miserable. I would find a nice lake house somewhere if I really needed to be near water. Arkansas is a hidden gem for value or Tennessee
@@brianmatthews4149 I was born in Pa. and we moved to West palm Beach in 1965 when was 11. Retired to West Central Georgia to a timber county built a house on 135 acres. Great deer hunting change of seasons and no neighbors. Loved the ocean growing up fished, dived,surfed but had to get out. Moved back to America.
Gleason park in Indian Harbor Beach has signs all along the edge of the lake. The large signs clearly say “ alligators may be in the lake”, yet Parents let their kids stand on the rocks by the edge of the water. They weren’t even looking in the kid’s direction! The lake is full of many kinds of turtles, large fish and birds. Alligator heaven.
17-ft crocodile with those kids in the water…geez. My husband is from rural Mississippi where apparently they learn young how to wrestle alligators. 🤔
Scary, isn’t it? Saw it yesterday and was reminded of the stories of the kids being “attacked” by zoo animals, because of stupid parenting.
Right?? Sheesh. All children deserve parents, but not all parents deserve children.
It’s was a coroc wot is a crocodile?
Yes, visiting the West Coast is an excellent idea, from Naples to Clearwater. I think the West Coast is superior to the East. We just returned from a few days in Clearwater Beach and will return.
Plenty of hotels, plenty of shops, plenty of restaurants by the beach. We did a lot of walking and felt very safe.
I view Miami as just too expensive , more ghetto and more unsafe than 15 years ago. And you had be careful then.
Luckily, I speak some Spanish, but there are areas where they resent speaking to you in English.
The problem with Cuba and money laundering in the city has over the years screwed it up!
Folks coming from Latin America with tons of dollars should raise some serious red flags.
Those small children should not have been dipping their toes in a Croc inhabited estuary. Shame on their parents.
I agree
Great metaphor Mike. Sad but true in both cases. Some people are very negative, and they get out here on social media just trying to upset everyone. Don't listen to the haters. You've helped me much more than you know. I would have bought a condo in Pensacola and really lost sooo much money. You saved me from that fate. Thank you. Really. You're the real deal, and you help a lot of people
Thank you! So glad to hear I help you save a lot of money. That's what I'm trying to do here with folks and whenever I hear stories like yours I know I'm on the right path
@@MichaelBordenaro You are definitely on the right track. 100%
Love all the free info and interesting stories..your channels growing..that’s all that counts, ignore the trolls
I talked to one guy in CA that said every payday he would buy silver and put it in his closet (back when if was $4). When it hit $40 he sold and made some coin. I've been watching gold for 40 years and it has been a bad investment overall. My attitude is if we get to the point where gold is the only thing valuable you will need lead to protected it.
Yeah gold is good If you have a functioning society! What good does it do us? I have always said you can't eat or protect your family with gold or silver, but beans and bullets are a different story. I agree with you.
If you had bought gold 40 years ago it was at $300/oz. It's at $2000 today so your argument is demonstrably just wrong.
@@thetapheonix sure 40 years its keeping up with inflation and some. I'm just saying as an investment it's not that good. If you bought a house in San Diego 40 years a go it would have been a better investment.
Gold is protection against dotgov
If you had bot BTC in 2020 & sold it a year later you would have made 2300%. In One year. From Dec 2022 to now, its up 95%.
I’ve got to say that I’m pretty sure that one of the main reasons I love your channel is because of your Honesty.
Plus you always have great content.
Blessings, Carlos ✝️🙏❤️😊❗️
Thanks Carlos! that will never change!
❤🙏💜🙏💖💜
THATS RIGHT GET PAID FOR YOUR TIME! Love your show. Giving us the real deal about The Florida market. It might not be said enough... THANKYOU
Thank you!! For being here 😊
Your comment on that refrigerator made me think back to 2007. I lived in the Ogden Valley near 3 ski resorts. I was in construction. A developer came in and bought a beautiful piece of property against Pine View Reservoir. Put in all the improvements to do a condo complex. They finished first 4 plex in 2008. Each unit had 80K in kitchen appliances. Wolf, Viking, etc... Of course they finished and were ready to sell in 2008 about six months after residential crashed in October 2007 in Utah.
the sad part is that property taxes doesn't have to go up drastically IF the politicians controlled their spending. Their budgets are done a yearly basis
I already know how much my real estate taxes and homeowners insurance are going to be for 2024. Smdh
This is the only channel that I listen to concerning housing. I have unsubscribed to all other channels concerning housing.
Wow!! That makes me feel special!!
My Uncle has been buying gold since it was $425/oz. Seems to work well as a hedge against the fall in value of the dollar. BTW, my new neighbor is from Argentina. he said Argentina is falling apart with high inflation and rising crime due to poverty. he does not understand USA is moving toward the same Socialist policies as Argentina, Chile, Venezuela, etc.
Thats right, gold has held up over time like most other investments haven't. I don't think most of these people coming here have any clue that the same changes are undergoing here
People who lived in those countries KNOW!
I wish people would wake up! They have their head in the sand
So much fear about socialism in the US. The US has a longgg record of spending beyond its means, it is already ‘socialist’ - in many good ways such as social security, and many bad ways out of control military spending.
“If we lose freedom here, there is no place to escape to. This is the last stand on earth.” - Ronald Reagan (“Equity” is communism. “Equality” is the free market.) Socialism only benefits the elites.
You forgot to mention our reptilian overlords
Fact!
We have been looking in the Keys for months. So many were bought in 2015 and now listed for $400-$500k more, with a house that hadn't been updated. Guess we will wait and hope that some of this insane price inflation goes away. Wish we had bought in 2015.
Yes, in 2000s a 3 year old was eaten by gator in Disneyland.
I really enjoy the information on your videos. Yes, I agree, so much is happening at the same time. It is scary. We lived on West Coast of Florida for 23 yrs. We recently moved to Stuart, FL. In just less than 2 years our taxes and insurance have doubled. We purchased a new single family home certified hurricane specification.
Honestly I am disgusted.
You don’t have to explain yourself Michael! Your regular viewers know you are a person of integrity. I live in Broward and I love your genuine information.
To many he does.
Great commentary. Those kids are probably visitors from another state.
Water moccasins, Crocs, alligators, baby rattlesnakes. A very real thing in Florida. Also, anacondas. My wife had her jet ski out , parked near shore by Bayport, having some lunch, with her friend,and saw a huge snake, probably 12 feet long, slither into the water. She got away quickly. This was the central Gulf coast , north of Clearwater.
The KID in Disney was Too. ASK THE LOCALS ALWAYS or front desk and TIP !!!😁😁😁
Thanks for another very informative show, Michael. When I began buying gold it was under $250 per oz, and I thought that was expensive.
We got our estimated property taxes for next year and they went up the highest they ever have before. 33% average, some as high as 50% increase. In a hot neighborhood, one block area, there are six houses for sale. There were two last year this time and one of those two is a house that was priced too high last year and too high again this year and is one of the six for sale now. One of the six just sold last week so if priced correctly, it will sell. Denver, CO
Michael, you don't have to defend the success of your channel and companies wanting you to sponsor their products or services. Some of my favorite channels have tons of ads in their videos and I just use the "RUclips Playback Speed Control" extension to fast forward through the ads if I'm not interested.
Keep doing what you're doing, we love your videos and want you to be successful.
Excelent program Michael, just to fill in why south America choose Miami, or Florida
1st new socialist goverment and radicalism.
2 nd capital risk management.
3 rd language, Miami has moved to spanish.
4 th Shipping..Miami is the outlet to the caribbean and south America.
5 th keeping up with the Jones.
Thanks for sharing.
I am in orange county California. I watched someone do an interview on the streets of Newport Beach one of the highest price multi million dollar home area in California asking them as they walk by if they’ll take a 1 ounce gold coin for the baseball cap, or another piece of clothing that they had on Just to see their response. And to prove a point. There was a gold and silver coin shop jewelers right behind where they were doing the interview where they offered to take the people in to verify the gold was real. Nine out of 10 people rejected his offer with excuses such as I’m not a collector, that’s Queen Elizabeth on the coin I’m not going to England, why would I want that, it’s a scam, even though he offered to go into the gold store with them. The only taker was a guy from out of the country Newport Beach, California.. what planet are people living on? No wonder we’re in the situation we’re in.
It's still CA though, with a population of the lowest IQs on the planet.
Can’t change stupid 🙄
You gotta get a sponsor for your sunglasses. Your sunglasses are the focus during the videos lol
Love watching your show. It’s very informative.
Thanks Frank!
Mike is informing people about the real estate market and economy . Mike is not trying to change your mind.
Just spent the day in Seattle. It was absolutely gorgeous. Stunningly beautiful. The lake waves shimmering sunlight with the mountains in the background. (Technically in Kirkland near Lake Washington).
And... I couldn't wait to get out of the masses into a rural landscape with more trees than people. There is a lot of land in the US that people should explore. Personally, I float up and down I-5 in Oregon and Washington for work. So many beautiful areas on either side of the interstate.
Seattle is having alot of problems! And ALOT of business themselves pulling out because of crime and theft. I watch a broker there periodically. ( News for reasonable people, on the tube.) And have a friend that lives outside Seattle. Not a place I’d want to be. Seattle, Portland, LA, SanFrancisco. Any of those places. Lotta crime and drugs and defunding the police hasn’t helped any of them either. Glad you enjoyed your time though.
@@FloridaGirl- Portland Mayor on FOX last nite Great Place. But 2500 companies have left.. I wonder why TOOO RIGHT ..ALOHA😁😁😁
Lifelong Seattite,60 years. Making plans for an exit strategy. Your right about the surrounding beauty, landscape, also the access from Mt Ranges to Coastline, the people and policies that have overcome this emerald gem is horrendous, is a colossal understatement. I cannot defend my people, and will go on the road to tell the glorious stories of the 60's thru the 80's when Seattle had the Big Town feel to it. I've no interest in watching her continue to die.
They are full of crap saying inflation is only 4.6%. Are you kidding me? 2 years ago I averaged around $150 when I had to shop for groceries. Now, I'm spending $200+ every time. Today I spent $300! It's ridiculous! 9%-12% sounds more like it to me!
I love the Keys, but they're expensive as hell. I considered buying a park model home down there a few years ago, but it was going to cost nearly $300k for less than 400 sf, and still pay lot rent. I'll just continue renting a condo by the week whenever I'm down there.
Snowbird and renting is a better idea right now and maybe for the foreseeable future. Plus to much Summer isn’t good. All the best…
I lived in the Florida keys and the eighties in Tavernier. My mom worked in Islamorada at the world famous tiki bar.
That house on Navajo is off of the Indian mound road. My best friend lived on pueblo street.
So cool to see you walking around where I grew up. It's not what it used to be but it's
Still pretty chill.
I'm wondering if any of those homes the single stories down there are insurable at all. The house we lived in was on stilts and we weren't allowed to build the bottoms in back then but they're built it now. Lived on gardenia street right by the bridge and Tavernier behind the gas station over there.
Another thing I find it interesting that there's crocodiles down there when I was a kid that was not an issue. We've played in the water all the time and even swim in the canal behind our house with the manatees.
You are spot on the market ....keep pressing on in your mission to inform people ❤.
I'm with the Republican Party of Florida and you would be a perfect candidate.
Thanks, Mike, for being a “Stand Up Guy” with regards to your sponsors and all the “Gold” talk. Can’t believe viewers are actually bitching about it. Anyway, it shows you have great character with proper ethics and morals. Keep up the outstanding work!
Thanks Bill, people will bitch about anything they don't agree with I suppose. I'll keep them coming 👌
@@MichaelBordenaro Please do! All part of that Floridian / Bordenaro Charm. : )
@@billbrock8740 You’re the best Bill!😄
@@Lisithedogwalker No, you’re “More Best!” You love dogs just as much as I do!
So I moved from PCB, FL to OKC, OK and there are Chinese here and this Governor needs to block all land sales to Chinese nationals here like FL did.
Hey Michael take us to Myrtle Beach, I love Florida just a little too hot for me. From Upstate NY and am looking to move to the Myrtle beach area. I’ve been watching the market closely for a few years and the value just seems great for the location.
I've never been there, but I have visited South Carolina before. Maybe one of these days I will.
@@MichaelBordenaro that would be great, I and others I believe would love to hear your take on the area especially since you have never been there. That would make for some awesome content. Love your channel!!!
100% spot on at 20.0. About the socialism aspect. 👍
11:23 $120,000 in 1998 vs $830,00 today!!! That's the beauty of Key's real estate. The first time I heard of *The Key's 2023 building permit moratorium* I knew the values would go nuts. It'll be interesting to watch what happens now when property owners sue to protect their constitutional right to develop their own land.
Do u think in 20 years it will be underwater due to rising sea levels ?
I doubt they will get $830 for it.
@@andreaberryman5354 And you're probably right, but that's kinda missing my point. Beginning in July (2023) *Monroe County* is not supposed to issue any new building permits... NONE. You own an empty lot in a residential community? Fine. Own it; but you can't build on it. In fact since 1992 there's been a ROGO (rate of growth ordinance) in effect which only issues a limited number of permits every year and it had nothing to do with first come, first served. It was a competitive process which determined how great an impact your 'build' would have on the environment. If you're understanding my point though, what do you think will happen to home values in any community where no new homes are allowed to be built?
I don't think you can build a house in the Keys anymore unless it's like 14 ft in the air on stilts.
A crocodile will snatch a child from the shoreline, as quickly as a child eats a basket of chicken nuggets!!!
I remember the kid in disney that got taken by a croc few years back, I heard it dragged and drown the kid down not actually eat her/him. I actually was there few weeks before the incident and there's no sign about crocodile in the area, it is actually inside the resort that people can play by the man made beach.
That coroc analogy was SPOT ON!
Thanks!
Wots a coroc is that new drug or something like bath salts
Our current state of affairs is not sustainable, from bank failures, high inflation, housing bubble, etc. It's only a matter of time for something to reset. While people are moving here for affordability and stability, the same goes for many Americans lately leaving the country. Nonetheless, our govt needs to do something to control this.
Thank you. I waited 6 monts and to buy a home and I'm planning to wait longer until fall.
Michael, you talk about people moving to Florida from South America.
Have immigration rules for foreigners coming to the US been scrapped?
What visas are these folks entitled to please?
Great video Michael. Hope Lisi had a wonderful Birthday. Thank you for bringing the Keys to us..
Thanks Juliet glad you enjoyed it!
EXHAUSTING is the exact same word I use regarding ………. the current state of Everything!
Really enjoy your videos. I have learned a lot! Thanks 😊
For sure!!
Right on. All good true statements!! People need to wake up!!
You are right about gold and silver. I'm pretty heavy in precious metals. If you know what you're doing you will do well.
Thanks Richard, appreciate your backing me up on that
Still waiting. People are still buying houses that are double what they’re really worth. Prices won’t drop if people keep doing that.
Home insurance , prop tax , intrest and foreclosures going up
I think there is a hybrid pricing tier in effect. Previous home prices were valued upon people not being as "home-centric" as they were prior to COVID. With everything being delivered to homes via Amazon/door dash/etc .. as well as zoom/virtual meetings/immersive reality/VR people are just spending more time at home and less shopping in malls and being entertained in public venues. Sinking even more money into their home surroundings is now a priority more than ever before.
To support this theory I point to companies like BBBY and countless other brick and mortar retailers beginning to shutter operations. I think prices will stay high and simply become the new baseline until future increases eventually roll in.
I know in my area desirable locations have already built out.. there is no room for inventory increase, aside from building more high density buildings, for those who want to keep the single family lifestyle and not be 1hr away in the suburbs, prime location homes will stay high indefinitely.
Thats right
Who are you to say what they’re really worth?
They’re worth whatever they’re sold for at that time. That may go up or down in the future.
It's really weird in TX. Buying a home in some areas are crazy over valued still but only for used homes. If you get a new one in the same area they are actually reasonable, so it's the sellers that are the problem. House flippers can die painfully and slowly, I hope they all lose their shirts.
I don't understand. Don't any of these (obviously expensive) homes have garages? Or do people like their cars to get baked in the sun?
Do garages count into the value of property taxes, whereas carports are NOT counted???
Michael sir!! You can’t make everyone happy! Do you sir and i enjoy your videos!Love the content 💯👍🏻
Thanks Amar, I will!
Wow that’s insane how the sign clearly says crocodiles and those two beautiful and innocent children’s feet in the water 😮🤦🏻♀️Smdh!!!!!!!!!
I've been following you for a while now and I have no problem with you promoting gold or silver. The thing is Michael gold and silver can and has been manipulated in the past. But ultimately it's everyone's decision to do their own research when investing in anything from a house to silver. Great informative videos!
Good point, I don't care if my boat propeller goes up 30% from $400 to $700 i need one every 5 years or so. But when my insurance goes up 300% it really sucks to go from $2000 a year to $6000 every year.
I bought gold and silver 23 years ago. It’s been gathering dust in a drawer ever since. Buying it is easy and expensive. Unloading it for a profit, not so easy.
But, I enjoy your channel so you keep doing you. Differences of opinion are good to share because like you said we each have to make our own decisions.
It's really not that hard to sell if you want to get rid of it. Any company that brokers gold and silver will take it off your hands. But you're right, we're all entitled to our opinions
My bank offered to buy mine and also they will use your stack as collateral for any loan u may need to take out. Gold and silver are about the most liquid assets on planet earth. You need to go to a coin shop or a bullion bank and you’ll find out how easy it is to sell your gold and silver. But I’m the meantime, keep it hidden because pretty much every thief will love to take it from u.
Huh? Gold is the most liquid asset in the world what are you talking about?
Michael, thank you for your transparency and honesty. 😊❤
I remember the story about Disney and that kid.
Yep it wasn't that long ago
I can’t believe you didn’t talk yourself into a private showing of those super cool properties. I mean, if they are going to be ready in the next week or so, they should be good to look at. Win Win for you and the folks building.
Just be -- be your authentic self as ever. Earn too -- not a problem.
I agree
They have the same exact neighborhood(stilt houses) being built in Bradenton Fl. on Cortez Rd a block from the bay. Sad.
Thanks for the video Michael. Good content as always!
My pleasure!
Michael? Are you leaving Florida? If you ever did, where would you go? Love the content, your thought process, and the values you share.
I buy mostly the same things every week. Last week, several items went up in price again. There is NO way the government is correct about inflation. So either they're idiots or knowingly lying.
The Fed's key inflation rate strips out energy and food. So, it does not adequately convey inflation at the household level. Also, businesses can raise prices higher than the inflation rate because the consumer has been primed to accept high inflation. Also, it's not like you can live without food.
I think they are def idiots and def lieing.
Agreed
We have people who are lifetime politicians running our country. Doesn’t mean they are smart. How can a NY politician AOC earn 176k a year and after 3 years be worth 29 million? Nothing makes sense.
Lying
You are correct about buying gold and silver. I agree with you Michael.
I 100% appreciate your knowledge given to us by your passion, of course, it's up to us to make the responsible decisions. 🙏👍
90's number seem about right here in Midwest. 8 plus. Of course some things are higher and some lower just the overall number
Michael, I'm in my late 50s and grew up in Miami all the way through college. Latin Americans (I'm talking about people not from Cuba or Nicaragua) have been coming to South Florida in large, affluent waves since at least the late 80s. The biggest reason for that is that it's close to their homelands and it's really the closest thing to Latin America that you can find in the USA.
Yes, I know it's been happening for decades. But if the money continues pouring in here, like it is, then, I don't see how prices can come down significantly. Which is unfortunate for many people that actually live and work here.
I've tried to warn family to prepare. My sister calls me chicken little. OK, they can't say I didn't warn them!😮
I look forward to your videos because you are grounded, have experienced the increases, have common sense and you always disclaim and tell the audience basically- here’s the info make your own decision- just putting it out there. I enjoy listening to the mix of real estate and the economy /the banks/punishment for top credit scores 5/1/23 in real estate. I listen, learn and THINK - how does this info affect my life and my plan. Happy birthday to your Wife🎂
Thank you so much Ann!!🙏🎉🎂💖😊
Buying gold and silver sets the baseline of your portfolio from 0 to 5%. Meaning if the economy tanks and your return goes to 0% having gold keeps you above 0%.
New sign: "Don't Pet the Crocodiles, No Matter How Hard They Beg".
Thanks for taking my request and broadcasting from other areas of Florida (in order to get a bigger perspective on the Madness).
People from South America may in part be moving to South Florida because there is more Spanish spoken there... and great Latin food and culture. If I were to move overseas, a country that spoke a lot of English would be a big selling point.
Thank you Thank You THANK YOU
I was pre-approved early last month $350-375k at 6.2 APR
I was extremely happy when received the pre approval. I immediately spoke to my realtor and went looking for a home the day. I saw 3 homes on that Wednesday and put an offer on one that Wednesday night. It was an Opendoor home for 330k. Long story short, by Friday I received the an estimate of the price. It was $2712 per month with 11k down. Also I learned about a CDD. Community Development which was $200 added to my mortgage payment. I also the insurance quote was not included. The reason why I tried to purchase was because I was eligible for a Hometown Heroes loan. The home was in Hillsborough County. The home was half the price 3 years prior. I spoke with my wife and she said it was too expensive so I agreed. Fortunately I said no and have not had one single regret. It is not the time and that is ok. It happens. When the time is right then I will revisit. The irony is when people tell you that you may not have the same opportunity to buy again. 😂
What they should say is you may not have the opportunity to get ripped off like this again. A bad idea always ends the same way. With regret.
I watched this channel after I made the decision not to buy. With all of the information you provided it was a breath of fresh knowing what I would have been walking into if I would have bought. I remember 2008 I bought two homes in 06-07 to flip. I had to foreclose one and short sale the other. It was a nightmare. An absolute nightmare. Anyone watching or thinking about making a huge investment please review ALL of the information and be cautious. Overpaying is not the course of action I would recommend.
I don’t think it’s a good time to move anywhere right now!
I hope no children get killed from ignoring the croc warnings.😞 It's completely avoidable and not necessary to lose a life...
• had to come back and add my 2 cents lol So, Michael? I do understand that you do your best to reach out to all requests and advisors with valuable input about how to run your channel. As someone who is old enough to be your mother, my opinion is that you continue right on with the way you're doing things. Let me tell you, if I had enough to stock up in gold and silver I sure would! Seeing a phone number or an advertisement on RUclips? Good God amighty, clutch the pearls honey 😳 lol
Michael, you're doing so amazing Dear. I promise you! But don't listen to me ok? Look at your own data. {I know you already do lol} You know the old saying. You can lead a horse to water but you can't make him drink.
And no, I don't think anyone is a horse. lol
That is so very kind of you Laura, I appreciate it!
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Excellent topics and information. We are living in NC and enjoy the area. The housing market is crazy though as military get orders to move and new come in. The military overseas buy homes unseen and sellers benefit over this.
Rolling back all those bank regulations was such a great idea.