I remember in 2007 when I was working in real estate seeing people buy homes new from builders with the intention of selling before close of escrow to a new buyer for profit. The crash was so brutal and fast that I remember seeing a lot of these units foreclosed on with the builder plastic still on the carpet.
@HildaBennetАй бұрын
Most people find it tough to handle a fall since they are used to bull markets, but if you know where to look and how to maneuver, you can make a size-able profit. Depending on how you intend to enter and exit, yes.
@PennyBergeron-os4chАй бұрын
The enduring US stock market bull run evokes a mix of fear and excitement, presenting opportunities with insight, resulting in $780k gains in the past ten months, utilizing a portfolio advisor for a well-defined strategy.
@JosephineKenneyАй бұрын
How do I get to one? my assets have been struggling since 2022 and I’ve been holding on by the skin of my teeth.
@PennyBergeron-os4chАй бұрын
Research and contact Sonya Lee Mitchell and follow her directions.
@PennyBergeron-os4chАй бұрын
Google and contact Sonya Lee Mitchell and follow her directions.
@leoma-l7r22 күн бұрын
I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for...
@ElijahOliver-t9u22 күн бұрын
I feel your pain mate, as a fellow retiree, I’d suggest you look into passive index fund investing and learn some more. For me, I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured $30k in value stocks and digital assets, Up to 200k so far and pretty sure I'm ready for whatever comes.
@leoma-l7r22 күн бұрын
@@ElijahOliver-t9u That's actually quite impressive, I could use some Info on your FA, I am looking to make a change on my finances this year as well
@ElijahOliver-t9u22 күн бұрын
@@leoma-l7r My advisor is VICTORIA CARMEN SANTAELLA;
@ElijahOliver-t9u22 күн бұрын
You can look her up online
@claircourtway22 күн бұрын
@@ElijahOliver-t9u The crazy part is that those advisors are probably outperforming the market and raising good returns but some are charging fees over fees that drain your portfolio. Is this the case with yours too?..
@barttfisher4 ай бұрын
This Housing market collapse might end up being a part of us for a very long time. With inflation currently at about 9%, my primary concern is how to maximize my savings/retirement fund of about $300k which has been sitting duck since forever with zero to no gains.
@84jamesp3 ай бұрын
Dollar cost average into bitcoin
@snowwhite58422 ай бұрын
@@PennyBergeron-os4ch not at all spam is it?
@jaeyang9540 Жыл бұрын
I was offered a 50 million dollar mansion with 25 acres for 150k, catch was the property assessment and back taxes, tax on it was like 90k a year. Belonged to a drug kingpin that got busted. Saw some other good deals, property haunted. Other issues, old places got asbestos issues, lead pipes, rotten wood, leaky ceiling, can’t change too much if Historical buildings, all sorts of restrictions, there is a reason why it is selling so cheap lol.
@jackesioto Жыл бұрын
There's always kilotons of strings attached! Not to mention, ye olde mansion is bound to bankrupt you unless you already make an income of 100 grand plus or you're planning to use at least part of the property to make an income that can sustain the costs of upkeep. You know what they say ''If it sounds too good to be true, it probably is!!''
@jaeyang9540 Жыл бұрын
@@jackesioto Saw a property selling 10 bucks. Catch was it was a historical building. You had to move it. Owner wanted you to pay him and move the property so that he could build a new one. Couldn’t demolish it cuz of its historical designation. Imagine the costs. Lifting it onto blocks, Cutting it so you put it onto a heavy load trailer then transporting it to a new site. You could build 2 homes with what it would cost, just to move it.
@aliali-po4tj Жыл бұрын
I am looking for partner for my big business
@orion883510 ай бұрын
Not to mention the areas of these places a dullsville beyond.
@chriscrum73108 ай бұрын
just found this post - i was born in the hospital that is next to the property - Kings Daughters - that town is no prize. that property sold for 170k and its overpriced for that town.
@E-D- Жыл бұрын
The Decatur Illinois home is sold. The lake Charles home is sold. Victorian home in Ohio is sold. The Ashland Kentucky home removed their listing. The Port Huron Castle is still for sale and so is the one from Wheeling West Virginia.
@strategygalactic6 ай бұрын
Are you for sale? I go 3000 in specie.
@consciousnessrenaissance7804 Жыл бұрын
I can only imagine the heating bill and taxes plus renovating 😱
@DeanPorterEsq Жыл бұрын
Interesting properties but I'd imagine the cost of repairs and heating and taxes are the hidden costs. The Italian prime was my favourite one.
@jackesioto Жыл бұрын
Yeah, historic mansions, palaces and castles tend to be money pits! Thousands or tens of thousands a month to maintain and possibly hundreds of thousands or millions in restoration costs and repairs! Unless you already make hundreds of thousands in your current career, or you plan on operating a business out of the property, the recurring expenses are likely to bankrupt you and send you from the manor house to the poorhouse!
@iflick7235 Жыл бұрын
Note: All shown were "empty". It's hard to sell an empty house even if it's ready to move in. None of these appeared ready to move in. Every community of any size has an assortment of homes like this to chose from. Good luck.
@peggyleethrower9070 Жыл бұрын
Could you include the cost of property taxes on the properties you show.
@evanpatterson7098 Жыл бұрын
The big blue house in Lake Charles used to be pink. It's right around the corner from my apartment. I've always wanted to own it.
@davidbolus5742 Жыл бұрын
Just because you can afford to buy something doesnt mean you can afford to own it.
@gars107410 ай бұрын
If these cheap mansions for sale were any kind of a bargain, don't you think that local, savvy, experienced investors would buy them already? There a lot of successful property investors in every part of the US who constantly scan the market for good real estate deals and underpriced properties. There's a reason why these mansions haven't been snapped up already.
@pepethepatriot75242 ай бұрын
That's why this video is CLICKBAIT and not "everyone" can buy these homes. Kyle McGran is stupid AF.
@cherylmcintire67759 ай бұрын
The Italian house in Wheeling WV is Italian because of the huge influx of Italian immigrants in the late 19th through mid 20th century. Huge Italian heritage in that area.
@gnohzgnohz3578 Жыл бұрын
Repair and maintenance would be mind bougling, old mansion also give me the impression that it is haunted, given all the haunted movie there is out there
@debbiemachelle2703 Жыл бұрын
I love these old homes. Perfect dream homes! Im betting the low cost is all about location.
@dawnelder9046 Жыл бұрын
Or taxes and heating costs. However if several related families bought one and split it up, it would be more manageable. Especially if everyone brought skills like electric and pluming. You would need to get along with your family to live that close.
@ericmiller70228 ай бұрын
usually if it sounds too good to be true , it usually is just imagine the needed renovation costs of some of these essential repairs and all has to be or brought up to current code standards and what about maintenance costs and taxes on some of them big houses and what about any back taxes owed , or leans on the property and the location , meaning you gonna move maybe to an area where you can’t make enough money to support your family or take on a massive project like most of them houses are ? well good luck in / with your new mansion
@rvboondocker25597 ай бұрын
Not to mention the probability of back taxes and structural integrity, each of these homes requires between 500,000 and $2 million restoration money. Also, don’t ever buy anything listed on the historical national registry or anything like that. The restrictions are extremely rigorous and caused tremendous extra expense. You are not given free range to do what you want to your own property!
@elihasrouni9681 Жыл бұрын
You should put the addresses on these properties to see if they’re still available. I’m interested in buying them.
@E-D- Жыл бұрын
The Decatur Illinois home is sold. The lake Charles home is sold. Victorian home in Ohio is sold. The Ashland Kentucky home removed their listing. The Port Huron Castle is still for sale and so is the one from Wheeling West Virginia
@frankbarbina9973 Жыл бұрын
@@E-D-actually a KZfaq real estate woman bought the wheeling house
@marksacher38668 ай бұрын
The purchase price is the least of your worries. In addition to the cost of renovations to make them livable, you'll then pay a fortune in taxes, not to mention the cost to maintain these homes, heating and air, it would still make you broke unless you are very wealthy.
@jaycarey3863 Жыл бұрын
That castle in Port Huron is absolutely amazing I want it so bad
@jimmyperson694 Жыл бұрын
I'm elated I discovered your KZfaq channel. I love timeless homes. Keep up the fantastic work my guy. Oh ! Now I'm intrigued about Ark 7. I've never ever heard of Art 7.
@ityou58746 ай бұрын
You gotta have the money for the upkeep of the property and the home.
@cleliawurgler9704 Жыл бұрын
I like seeing the inside of these old homes. I would have liked to have seen more of the inside of the houses though. You only showed a couple rooms in each. A full tour would have been nice. Anyway, if anybody noticed, the very last house started with the outside front door on the right and then at the end of the video it was on the left. Was that a magic trick or an option to choose which side you want the door on? Lol!
@Kissy-Suzuki Жыл бұрын
The camera was backwards. He didn't reverse the shot!
@tobyhilden Жыл бұрын
Average home price in the United States: $428,700 The median home sales price is $428,700 as of the first quarter of 2022. That's a 30% increase from 2020, when the median was $329,000. Median sales price of homes in the U.S. Mean sale price of homes in the U.S.4 days ago. where are you getting that? The average price of US home is $250,000. I'm curious
@thatshortykid428 күн бұрын
The Michigan Castle, I almost thought about getting it but was not able to afford it at the time. It sold for 1000 then is now back on the market.
@brooklynusa670Ай бұрын
All the mansions are gorgeous. My dad would have loved it with his 12 kids
@kaokong7226 Жыл бұрын
Been watching way too many horror movies to know that ALL THESE HOUSES ARE HAUNTED!!!!!
@Apo0 Жыл бұрын
I'd love a link to the homes you feature so I can check them out more.
@cherie623 Жыл бұрын
Umm🤔 He told you, ARK7
@reasbey Жыл бұрын
Why is the thumbnail picture *never* one of the properties? I’d like to know more about the house in the thumbnail.
@E-D- Жыл бұрын
$21.8 million LaBelle Mansion in Toronto
@Apo0 Жыл бұрын
So even someone like me, who has less than $54 in my bank account can do this Ark thing?
@rodneymiller4620 Жыл бұрын
Yep! Feel free to pitch your tent for 2 nights on the lawn of any one of these fine properties for the low low price of $26 a night! 😁
@ruanb12686 ай бұрын
When it comes to cheap houses the township can REQUIRE you to immediately forfeit a deposit of 10s or 100s of thousands until HEAVY safety repairs are complete meaning the REAL price to buy it is no where near the listing price.... and of course proterty taxes end up costing you more than home in just a few years. Illinois did this to a lot of normal houses, sold them cheap but put a high tax on them so you are basically paying RENT, REALTOR FEES, ALL UTILITY/LANDSCAPING, AND MAINTENANCE after you pay off your small mortgage for a small size house in a crappy area. Who is dumb enough to buy that and not just rent a home? Especially when it was just miles from indiana border in suburbs like park forest. Illinois would rather hoard those houses with no owners while they rot away instead of let people buy them all up and start paying lower taxes on them all asap.
@mewregaurdhissyfit7733 Жыл бұрын
Yeah..........but you gotta ask yourself WHY they are so cheap. Rotten foundations? Flooded basements? Fractured walls? Bugs? Rodents? Toxic water supply? Failing septic tank? Rezoned property lines? Back taxes owed? Some toxic company move in next door? Massive repairs needed to come up to code? Sounds like a dream, but is actually a nightmare.
@nspctor7729 Жыл бұрын
The utility bills will kill you, not to mention the prop taxes and insurance. The half finished (interior partition framing) smells of builder's liens. IF it's too good to be true...
@KayFabe876 ай бұрын
If the half finished place in Lake Charles, LA was such a bargain, a builder or GC would jumped on it, finished it, and flipped it for a hefty profit. Obviously a lot more going on there.
@OceanBaby813 Жыл бұрын
Where’s the $31,999 mansion?
@michaeldesilvio221 Жыл бұрын
Beautiful houses.
@keikairin2038 Жыл бұрын
These properties are abandoned because of the 'maintenance' and the 'property taxes' on them. All the cheapest properties are only such because NOBODY can afford to maintain them, which makes them worthless.
@janeprescott980Ай бұрын
Nobody can..... a group could... A bout three families together might, be able to afford it.
@keikairin2038Ай бұрын
@@janeprescott980 And I believe nobody but Indian families think its acceptable to live in a group like that. Everyone else recognized that there were too many conflicts arising from competing family interests in trying to share a property like that. Many families are lucky to get ONE salary. These things needs at least THREE. Its not practical to be upscaling all these properties like these developers have been doing. A Greek man did it across the street. A year later he's selling and nobody's buying. He's going to have to take a loss.
@keikairin2038Ай бұрын
It was a game of 'hot potato'. They were just flipping and flipping them. The current holders of the properties are going to have it blow up on them. Unfortunately the majority of them are foreign. Because they weren't knowledgeable about the market and they were dealing with foreign, less then reputable agents who should NEVER have been practicing in Canada. They were probably con artists.
@words.Of.Truth. Жыл бұрын
You don't show enough of pictures on the inside and property You just refurbish flip over pictures that's the same room So it makes it like there's something hiding that needs to be done that's not being said in the video.
@TommyAlanRaines Жыл бұрын
Like the Dome house and the Louisiana the most. Have an awesome weekend & Keep Orange Crushing It!
@rodneymiller4620 Жыл бұрын
Yeah, but that Louisiana one seems too good to be true?
@TommyAlanRaines Жыл бұрын
@@rodneymiller4620 Maybe So.
@virginiaeckley3047 Жыл бұрын
I liked them all, they were beautiful
@lucy9542 Жыл бұрын
Wonder how many of the older historic mansions are haunted? Just curious.
@maryannbritz1061 Жыл бұрын
Good video like the idea of the rent shares
@EDunne-dc9le Жыл бұрын
Is that still available, there’s a “sold” sign outside? Where is it located?
@tammygarner2259 Жыл бұрын
hi Kyle good to hear about the history of the place you be safe out there 🙏🙏🙏🙏 you do a great job on the videos hope to see more videos nice to see All the videos but sad to see them homes like that ❤️ you guys
@PaulSmith-pz9eq4 ай бұрын
Beautiful Historical homes for sale fairly inexpensive. The only catch may be having to live with tenants already there and those who don’t mind that big thump in the dark . Actually you couldn’t pay me enough to spend one night in those haunted homes.
@kaycooper81963 ай бұрын
I like to see the whole property. Can you show that?
@joshuastout3822 Жыл бұрын
The Poland Nelson house sold last year
@ericdb8587Ай бұрын
Since most of these homes are very old do they have to notify if its haunted or not?
@cynthiatom7722 Жыл бұрын
Do you know any of the houses located in Las Vegas?
@dorothybuckhalter7536 Жыл бұрын
where is the house in Lake Charles Louisiana listed with Latter & Blum for 215,000. at 8.48 on video
@DavidLopez-vz7wd Жыл бұрын
U can’t remodel then or upgrade them because there cosider a historical home…
@THEDON3400 Жыл бұрын
10:00 the way i understand that the West Virginia one and Wheeler has kind of sketchy town
@catz1215 Жыл бұрын
Can you please add in the video the name of the town because I can't understand some of the names of these towns. A list would be great. Thanks.
@ddevil4980 Жыл бұрын
I'll bet that first how comes with a need to completely redo the whole electrical and plumbing.
@m.s.837 Жыл бұрын
I don't know because I definitely don't want to be buying a haunted house or mansion that would be a nightmare for any investor because once you buy it it's your problem 😢
@Onry1 Жыл бұрын
There's no noise in Illinois...
@fivejokes.8252 Жыл бұрын
I’m actually making settlement on the one in Virginia
@celiasiegel10093 күн бұрын
I don’t know, but this mansion must be haunted and I mean haunted buyers be aware want it at that price !!!😮
@lesliebarnard19978 ай бұрын
Are these homes for real? About, on average, how much in renovation $ is required to bring these homes 🏡 up to comfortable living standards. Good heating/AC, no leaking roofs, and other similar issues? 🤗👍♥️🏡
@seventhz777z7 ай бұрын
Sure, most can buy these properties cheap, but few can afford to maintain them or restore them
@user-jr7rf4uy1b7 ай бұрын
That's a amazing house 🏠 there now
@julielowe5951 Жыл бұрын
This was disappointing. I want to see the inside. You showed the outside most of the time. Only a couple of rooms on the inside.
@JosephStJames2000 Жыл бұрын
Great great video. Very enjoyable. But what's with the flipped photos?
@divinediva6320 Жыл бұрын
Do you have any mansions right outside of Philly?
@MermaidMoney7 ай бұрын
You had me ROFL at "eye watering Barbie Pink carpet"
@AftabAlam-yw4eq7 ай бұрын
Only liked the first and second one.
@FarmacyOG Жыл бұрын
Is this one sold?
@MiroBG359 Жыл бұрын
Decatur mansion was sold on 2/13/2023
@scottstempmail9045 Жыл бұрын
So, about the property taxes in arrears...
@user-bd1mj9qb9z5 ай бұрын
Cool looking places there now
@jpbult61249 ай бұрын
So how about mentioning the annual taxes on these places , Kyle .
@kat9857 Жыл бұрын
How do I contact to buy?
@victorianantiquities Жыл бұрын
The Logansport property Sold over 1/2 a year ago with multiple offers for OVER list price. The property is underhgoing a major resstoration (estimated at over 500K) as a wedding venue. This video is just really about trying tosell some real estate investment scam not about affordable properties,
@sugarcookiecube Жыл бұрын
I bet there are rodents galore in these old houses😳😳😳
@lesleepoole7515 Жыл бұрын
It would be worth moving to the States and buying one of these beauties
@sugarcookiecube Жыл бұрын
the U.S. has mass killings every day… please consider that before moving here…🤔🤔🤔
@marciet310210 ай бұрын
I live a couple of blocks from The Castle, lol
@Superman67917 күн бұрын
Like so many commenting, it's not the cost of the house or mansion. It's all the repairs that need doing and the ridiculous property taxes that go to pay politicians salaries instead of maintaining the infrastructure of the town or city, and some if not most have been taken over by the banks for unpaid taxes that will need to be paid. Not to mention the exorbitant utilities costs to maintain a giant house. Again, like some have commented, I wouldn't want them even if they gave them for FREE
@tommybutler24549 ай бұрын
I think you are pretty awesome. I love your videos ! Gorgeous houses !
@marshayoder76277 ай бұрын
The taxes are probably prohibitive
@jackesioto Жыл бұрын
While historic mansions, palaces and castles may seem like a bargain when they're on the market for less than a million, those historic properties tend to be money pits! Maintenance and likely repairs are likely to break you financially. Historic mansions and castles tend to be financial black holes. just sucking thousands of dollars plus per month to maintain and unless the place is habitable and up to code, hundreds of thousands if not millions of dollars, pounds or euros to repair! The repairs are likely to be the extremely high end as historic restrictions tend to require the use of original materials and craftsmanship (It's likely not something you'll be allowed to do the standard repairs and restorations like you would fixing up a cookie cutter tract house). Unless you already have tens of millions in the bank and or plan to use the estate as an income producing property, it's probably not sustainable in the long run. That said, if you can afford the repairs and upkeep, there's multiple rewards, not least of which is owning a piece of history and the chance to live like nobility or even royalty!!
@Onry1 Жыл бұрын
Seaton Manor sold for $170000 in May 2023
@lickourballs1atatimeok Жыл бұрын
Where is the $31 thousand dollar mansion 🤔
@gvanys Жыл бұрын
That's for him to make money and get views.
@user-fd2sf1sv3y6 ай бұрын
are there more houses like this in 2024 right now please help me !!
@jroar12319 күн бұрын
Most are money pits and not worth the extra amount of taxes per year.
@marshavoiers327 Жыл бұрын
May i have the address for the house in Concord Ohio. We are currently looking for a house. We live in Ohio. I would love to work on this unique home.
@curtismyrick97154 ай бұрын
Find me something in SW Wisconsin 😊
@TheWynch Жыл бұрын
I am a Rathbone, would love to reclaim that Ohio Rathbone home. Where and who do I contact for it ?
@aweirdworld Жыл бұрын
I’ve searched for a few of these you say is for sale. But nothing comes up on Zillow. Why don’t you post the links to the actual MLS listing for each if they’re really for sale at these prices.
@phillipfranklin93532 күн бұрын
There has to be something really wrong with these houses .
@sharpshooter07 Жыл бұрын
Anyone know if that Lake Charles mansion is still for sale?
@aaronnunnally4507 Жыл бұрын
Nice big houses but sadly can't even afford that
@gwenkatt Жыл бұрын
Does it come with ghosts or should I say friendly spirits
@ChemicalXII Жыл бұрын
"Seems like the house on the thumbnail is not in the video.".
@NobleTek903 Жыл бұрын
WHere is the Lake Charles Louisana one located? Address if available.
@marcreuter-wf6iyАй бұрын
Any Mansion in southern California
@seleneirissummersrn6980 Жыл бұрын
Location is significant …a home could be 1 penny but if its in Indiana then I do not want it.
@user-ji2ks3bm5m3 ай бұрын
The older the house the better built it is especially houses built in the 1800s and 1700s today's houses are junk
@Doc18558 ай бұрын
It’s too bad that all those houses are in areas of the USA that aren’t desirable to live in
@pattyj716 Жыл бұрын
I wonder how Ark7 is driving rental costs. I wonder if it's making it harder for people to rent because of raising rents?