Those Who Don’t Buy Real Estate Will Regret It…
Рет қаралды 116,425
Күн бұрынEpisode #774
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Buy real estate or face your dollar’s demise. While this may sound like doomsday prophesying or over-bullish investor attitudes towards properties, the fact is that most investors today won’t make it. With inflation raging ahead, home prices double-digit percentages higher than they were a few years ago, and food and energy costs spiking, your cash isn’t safe. The value of your money is burning, and your bank account won’t be able to extinguish the flames. But there is still hope to build wealth.
Welcome back to a macroeconomic Seeing Greene episode where David tells you what he really thinks about today’s inflationary economy. If you want to grow your wealth while prices pop off, this is the episode to tune into. But it’s not just CPI rate rants this time; David will also advise on what to do when down payment requirements more than double at the last second, why Midwest “cash flow” markets aren’t what they seem, building vs. buying an ADU (accessory dwelling unit), and when to sell a rental or flip that is bleeding money every month.
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Show notes at: www.biggerpockets.com/blog/re...
00:00 Intro
01:53 Quick Tip
03:14 My Down Payment Just Tripled!
12:06 The Truth About Midwest Rentals
18:37 Buy or Build an ADU?
24:54 Questions From the Comment Section
32:24 Sell or Keep a Failed Flip?
40:23 My Rental is Bleeding!
44:06 What to Do With $30K
51:53 Ask David Your Question!
@nick.lockard Жыл бұрын
I'd always rather hear uncomfortable, honest truth than flattery or misguidance. Absolutely love this format. Don't know how I've missed these episodes in the past, but I'll be tuning in much more often to get the insights.
@anthony-L.A.6946 Жыл бұрын
Hopium is the most common drug right now.
@Sabrerattler007 Жыл бұрын
Man, this David Greene is so painfully honest! Thanks for a great show, Biggerpockets .
@ketolifestylekilitinc.5955 Жыл бұрын
And painfully wrong. Not on everything but a moderate amount.
@rockhills Жыл бұрын
@@ketolifestylekilitinc.5955 What do you disagree with?
@vaughanmoody Жыл бұрын
@@ketolifestylekilitinc.5955. Wrong on what? Just curious.
@bradj229 Жыл бұрын
8mins in and I have MUCH respect for David keeping it 100%
@cvzphotography Жыл бұрын
Except he was part of the brrrr propaganda and hyping up RE as a magic bullet to quick your job and become an overnight millionaire.
@NevadaNotaryServices Жыл бұрын
I love that you are keeping it real with your advice and NOT sugar coat it. Because real estate is hard. Rentals are even harder. It's about time someone with cloud and experience preaches the truth and not telling people what they wanna hear. Love your podcast.
@kennethmiller2333 Жыл бұрын
If it was easy, Blackrock would already have done it.
@Rickjames1 Жыл бұрын
Nothing is most appreciated than honesty. Thank you.
@superhostreacts Жыл бұрын
Such honest and sage advice! As someone who has been heavily investing in RE since 2018 (casually before then), I can vouch that what David is saying is true! My first two deals were lucky breaks that both took significant work post acquisition. Deal 3 took decent work pre and post acquisition. Deal 4 was a TON of work to acquire (1 year plus working with the owner before the deal closed). Worth it but way, way more work than anyone could have predicted. Thanks for the honesty!
@SarahWilson. Жыл бұрын
Best episode EVER!!! 🎉 I’m pending on a primary residence ( that I will eventually house hack) near Seattle and was second guessing my decision but after this episode my confidence is back up and I’m reminded that I’m making the best move for my situation. Thanks David!
@brinnleyashton7806 Жыл бұрын
Ayo out here in the same boat, just did so in the puget sound area. House is successfully hacked as of 3 months ago. We aren't fully covering the payment with the income, but we're comfortable with it. Good luck!
@piomarcsuarezrn4656 Жыл бұрын
one of my biggest regret is not knowing this channel soon enough. Thanks for all you do. I am in the same boat as Tyler. thanks for the output.
@JohnSmith-ks5xw Жыл бұрын
Being in a rush to buy now is a great way to send yourself to the poor house in my CA market. I can't think of a worse time to buy than now. Maybe I'm wrong. We shall see.
@johnnyb33good21 Жыл бұрын
How many properties do you own, and how long have you been in the real estate investing business?
@tonyhurst6544 Жыл бұрын
@Johnny McKeon you are right Johnny this is the absolute worst time in history to buy real estate . You don't buy when it's high you buy low and sell when it's high . The interest rates are going up and prices are coming down and will continue to drop for a few years .
@JohnSmith-ks5xw Жыл бұрын
@@johnnyb33good21 I think you should buy a bunch of property in CA right now. Good luck.
@johnnyb33good21 Жыл бұрын
I own 45 multi-family units. And I just bought a 4-Plex a couple of months ago. I think it's a great time to buy. It's harder for sellers to sell, and a lot of sellers are offering concessions and willing to lower their price It really all depends on your strategy, the location of the property, how much money you are paying for the property compared to the comps, and what's your business plan for the property is. for me, I'm a long-term buy-and-hold investor. And I'm remodeling the apartment interiors and exterior of the buildings to increase the rental income and I'm not looking to Fix and Flip these buildings. You can buy deals whether it's a good Market or bad Market. Markets are cyclical I'm afraid the people that wait and don't buy anything in 5, 10, 15 years are going to be wishing they owned property
@johnnyb33good21 Жыл бұрын
@Tony Hurst everything in real estate is negotiable. Just because the seller is asking for a high price doesn't mean you need to offer that. You can always negotiate a lower price. You can negotiate seller concessions where you can use some of that money to buy down your interest rate and pay for your closing costs. I purchased a fourplex at couple of months ago and got a lower purchase price and seller concessions and it allowed me to lock in a 5% interest rate Pull up comps of the surrounding properties and go after that, and if you still think property is priced high, it doesn't hurt to send a lower offer. And if the seller still doesn't accept. If the property has been sitting on the market for 3,6, or 10 months. Follow up to the seller to see how motivated they are. They might change their mind when they realize nobody is buying their property
@huwevans2435 Жыл бұрын
Fantastic! Great info - Great video - keeping it real makes all the difference! Thanks so much David!
@NevadaNotaryServices Жыл бұрын
I LOVE your airplane approach to real-estate ❤
@ThugNasty_6969 Жыл бұрын
Keep this coming because honestly the constant episodes of 25yr olds that have 30 rental properties and cash flow 50k/month were starting to become a real downer. Nice to see that I’m not the only one struggling out here
@brocardac Жыл бұрын
I got to say that i just bought my second home. And also did one studio and other one is on the way. I have been following you guys for 6 years now and i couldn’t make the decision whit out this type of content. Thank you y’all.
@Rinaj77 Жыл бұрын
I so appreciate David…thank you so much for all the info you provide. I learn so much!!!
@gracerama3452 Жыл бұрын
The ability to regulate wealth through the time of economic collapse is true riches.
@Christiano-ec2ur Жыл бұрын
I agree with you, Wealth can blow away if you don't master money management by giving your idea to investment no matter how much in your possession
@ronnelson8954 Жыл бұрын
Great show! Yes, please keep running it straight. Thanks David!
@estherkelly3265 Жыл бұрын
This is great to hear the truth. What you are saying is so helpful. I thought there was something wrong with me because I can't find those deals that I'm seeing in these you tube videos. Thanks for confirming that it's hard to find those deals.
@cphili1592 Жыл бұрын
short sited mindset will kill financial success. even if you cant find cash flow, you ultimately always have someone else building equity FOR you. cash flow is going to fluctuate, regardless of rates, economy, etc. Building equity wont fluctuate. Best to focus on location right now, getting solid properties that have a high potential for appreciation (skate where the puck is going) and be perfectly comfortable simply allowing someone else to pay down your obligations and build your equity. Times will change.
@rizkisetia6538 Жыл бұрын
Thank you David Regarding ADU, you mentioned about where is best to do ADU is where the land is expensive. Make me consider to do ADU since I live in Winchester Massachusetts (20 minutes from Boston) and I have 1/4 acre land. Also the town allows to do ADU. The developer been buying $900K homes to torn down and build bigger homes to sell it for $2,6 -2.9 Million. Always get so much value of your content!!
@haetienne Жыл бұрын
This is not the show we wanted to hear, but it is the show we needed to hear. But I’m still not giving up by a long shot
@vapeking466 Жыл бұрын
Im afraid to buy a house for myself much less for renting out. However I am ready as I was before covid hit I just dont understand how to find a good deal or if its even possible since I live in a sellers market. We also have one huge real estate company who owns like 80% of all the rentals here. Not enough homes in the area is making homes and even rent unaffordable for many. I am considering moving to another state to get a more affordable home. Im retired/disabled so I can live anywhere. I was planning to pay cash for my personal home or I have also considered maybe getting a duplex and renting one side out as a way to start then once the duplex is paid off I can buy me another home to live in and rent out both sides of the duplex. I do live in the midwest and plan to stay in the Midwest. No 60k homes here where I live in Northwest Arkansas. As for bank accounts earning interest anything over 5% is good now. I see some banks offering this rate on a savings account with no catches and free. However that doesn't beat inflation. The stock market usually is a better option if you can wait say if it dips two yrs or something.
@Wasted-GTA Жыл бұрын
Hey David! I wanted to share that I'm currently facing a situation similar to the one you described. I currently own two homes and was considering buying a third one, but after careful analysis, I realized that none of the options would generate positive cash flow. In fact, it seems like I would end up losing money every month if I were to invest in real estate in Sacramento. I appreciate your honesty in acknowledging this reality and attempting to find a silver lining. The unfortunate part is that the $30,000 I have managed to save is gradually losing value due to inflation. It's disheartening to witness home prices rising at a faster pace than most individuals can save, which is a significant cause for concern. My instincts tell me that this situation is not sustainable, and I foresee California engaging in misguided political decisions that could disrupt this growth cycle. In light of this, I'm exploring a couple of strategies. One approach is to make lowball offers on listings that have been on the market for 50 days or more, hoping to bridge the gap and secure a favorable deal. Another option is to consider duplexes, where there's a chance of breaking even, although they are currently experiencing intense competition, leading to bidding wars. It's a matter of choosing the lesser of two evils. Now, my question is: Does it make sense to continue saving or would it be wiser to tap into my 401k or seek other investors? It feels unproductive and perhaps even foolish to sit on the sidelines with $30,000 to $50,000, as if it's a terrible decision. I'd appreciate your insights on this matter.
@legacyopp9318 Жыл бұрын
There are many states that have sfr for 250k. Check if your down will bring you some cash flow after property management since it will be far from you. That's what I do and currently own 3. Good luck.
@tristanromero439 Жыл бұрын
Im an Investor/Realtor in the Sacramento area and specialize in helping investors feel free to reach out so we can hop on a call to discuss some options to help you make the best decision for your financial future.
@MikeHawk143 Жыл бұрын
You should be at least in high yield saving account. Also if you invest in a total index fund you should at least double your money in 7 years statistically. Two other options.
@jwjustinwatkins Жыл бұрын
Enjoyed you getting real with us on the "what to do with $30,000" section. Great advice you gave.
@chrisyak12 Жыл бұрын
Hard truths but everyone needs to hear this. We need to adjust expectations and get tougher. Great job David!!
@AmericaFirst1974 Жыл бұрын
WOW @davidgreene24!!! You and Rob are always fantastic and super informative with tons of knowledge and help. However that being said, you seriously just hit more on what I believe we are all looking for at this point. We are needing the juicy and greatly detailed truth of it as things happen and unfold to help gain ground and spread the word and knowledge along the way! Super Fantastic Episode!!! Keep it going and as always Thank You and God Bless!
@roundedges2 Жыл бұрын
Wow! This is the BEST answer to my WTF in the blue blazes is going on??? Thank you David, YOU are the realest! The long-form interviews (like the one with Pace Morby!) are great too but right now I feel so anxious with cascading questions, that this succint, rapid-fire positing of main issues with immediate conclusions is what I want. Good job, man. And how is Brandon-smalltown-dude-makes-good doing?
@naquon1131 Жыл бұрын
The realest content on KZfaq! Everyone does make it seem easy so this was refreshing and encouraging!
@michaelosseyran9907 Жыл бұрын
Particularly insightful video. The last response was absolutely validating and great advice. Thank you
@Ellenwooddumpsters Жыл бұрын
This was it! David bravo brother! People need to hear this...
@yuliapopova224 Жыл бұрын
Thank you, David! I love your directness and honesty! Keep going 💪
@shaquileoatmeal7365 Жыл бұрын
You single?
@bjjfreak8261 Жыл бұрын
I learned more off the answer to that 30k question than I have anywhere else in years. Holy moly.
@bravesirrobbins4849 Жыл бұрын
Hey David, love the show. As someone who works in the financial services world, I have noticed that you often speak about real estate opportunity cost, but not always overall financial opportunity cost, and I’d love to hear your perspective more broadly. In the “buy or build an ADU” segment of this video, you made sure to discuss what else the money could be doing (buy an ADU, build an ADU, OR consider just buying another portfolio property altogether). However, in Rojilio’s 4-plex down payment question earlier on, you didn’t speak at all to the non-real estate opportunity cost of holding a 401(k) loan to make a down payment. While it can be a fine idea to take a loan in some circumstances, I think it is important to acknowledge you are paying interest on the loan and potentially missing out on growth on the financial markets side of your portfolio when you take a loan to buy real estate, and that should play into the decision of whether to make that larger down payment or give up on the deal. Do you agree/disagree? Is that relevant to the scope of this conversation, or are we assuming the person asking has already decided “this is real estate money”? Thanks very much, I wish you the best. - Trey, Hartford CT
@davidgreene2717 Жыл бұрын
Good point Trey. I didn’t work that into my answer. Overall (and this is probably good to understand for relating to my future advice) I don’t look at RE returns in the first year you buy it. I look at owning it for 30 years. When you combine rising rents, rising values, inflation, loan pay down, and eventual cash flow, it blows away other investment vehicles.
@bravesirrobbins4849 Жыл бұрын
@@davidgreene2717 I appreciate the response! In my world we have all these regulations around any advice we give. I understand this is a different medium and that’s ok! Thanks much for your thoughtful response 😃
@baldwincobb Жыл бұрын
Wow thanks for the honesty!
@JesseVasquezAirVenture Жыл бұрын
Solid info thx BP and David ✅
@cvzphotography Жыл бұрын
This has been by far my most favorite BP episode I've ever listened to. Finally, some truth about RE investing.
@karenmolnar9159 Жыл бұрын
Thank you for honest opinions and education, David!!
@NutritionPolice Жыл бұрын
Great show dude, loved the $30k rant and the real estate is a second job take.
@casseophealejarde-khaizen Жыл бұрын
Thank you so much for your transparency. Much appreciated!
@robwithrbk Жыл бұрын
I've been in commercial real estate a long time as a broker and investor. I too, like this guy, wanted to buy a 4 plex via FHA with 3.5% down. Nope, just learned about the self sufficiency test. In San Diego, it's nearly impossible to buy a 4 plex via FHA with a low down payment via FHA. Lastly, real estate is a get rich slow game. You can make some big pops here and there, sure. But in general, time is what will make you rich.
@brax0789 Жыл бұрын
rates and home prices are really high right now.. rates will come down, home prices may not
@Bigbrothersinsight Жыл бұрын
It depends there are home declining in areas
@darrins3206 Жыл бұрын
Because iBuyers have bought up all the inventory over the last 3 to 5 years keeping supply low and prices high.
@Honkers716 Жыл бұрын
In other words, Boomers are greedy
@roundedges2 Жыл бұрын
@@darrins3206 People for personal reasons-to switch up, job relocate, headaches, to retire, or die, keep putting out MORE inventory-So it can’t get “all bought up” like you say. That’s not it. Corrupt greedy govt destroying the dollar and the economy is the problem
@paulwyremski54 Жыл бұрын
Love the honesty and pointing out the crap gurus put out there and how to be prepared to do a lot of research and a lot of work to get to financial freedom. If it was that easy, everyone would be doing it. Love the content man!
@sherrylewis3969 Жыл бұрын
I loved your approach of the airplane example. So each and every person that you spoke with you gave solutions to their problems.
@ddhhayes Жыл бұрын
David great show. The institutional investors are going to continue to be a real problem for the smaller guy trying to build a portfolio.
@donniemi1613 Жыл бұрын
Thanks David, Your right on key...
@garydownes1594 Жыл бұрын
I considered adding an extra unit to a multi I am looking at but now I need to consider adding as many as I can to the muli as possible.. Great..Thanks.
@georgesantillan4639 Жыл бұрын
Hi David, you mentioned sell equity. How do you sell Equity? Thank you appreciate your knowledge and the show.
@realtybydrc778 Жыл бұрын
David you are the men! You right on point. Thank you for sharing your wealth of knowledge.
@lilianasosa8725 Жыл бұрын
The real MVP! Love your fresh take on the market!! ❤ Thanks, David!
@joem924 Жыл бұрын
This was a great episode. I think there are a lot of us that can relate to the last caller. We’ve saved up liquidity for a deal, but also have debt that would eat up a huge chunk of that savings. Is it a good time to leverage that cash further in investments, or pay off the debt and potentially miss the deals we will see in the next 12-24 months?
@MadLadCustoms Жыл бұрын
Man, i usually skip over most of these "guru" guys bc theyre usually offering a course and some loose guarantees but this is the first time i was actually emgaged in what was being said. You got a great delivery and wealth of info, thanks!!
@roger7513 Жыл бұрын
great video, thank you!
@rickrobs9398 Жыл бұрын
Thank you sir. Tons of valuable wisdom here.
@chaama144 Жыл бұрын
Great episode. I think moving houses is based on area. I see them on the highway here in central Oregon at least once a month if not more. Building off grid is a huge thing here and I think that might contribute to that.
@davidgreene2717 Жыл бұрын
News to me! That’s very cool. I wonder if there are legit options to move nice houses in bad areas, bought cheaply, to nicer areas
@mikethomas6715 Жыл бұрын
Thanks to you, I red one of your books & I learned a lot from that one book.
@mschumaker1 Жыл бұрын
Great breakdown on cashflow vs appreciation. I have 10 year profroma model that factors in appreciation and cashflow into overall rate of return...
@kzen848 Жыл бұрын
Honest advice about how slow wealth accumulation could be with current market conditions. We could see some ugly cash outflow with potential job losses and wage stagnation.
@sherrylewis3969 Жыл бұрын
I love the honest. Feedback I was thinking about adding a tiny home on my property. That's already existing with a duplex.
@iceguy8112 Жыл бұрын
This is crazy I feel like. I listen to the podcast everytime I walk and dinner time and boom there's a new podcast again!
@commoncentsmakesdollars1938 Жыл бұрын
30 k would help You buy a house or two in a market like OK where you can bring about 16 to 20 percent return on your money. Dave I’m surprised by this answer to this young man. You just told him he has no options it to work more! 30 is still a lot of money! Lots of homes for 50 to 70 k that you can rent for cash flow of 15 to 20 percent
@rillawhat8142 Жыл бұрын
Agree!
@MeltingRubberZ28 Жыл бұрын
Yikes. 50k home?
@commoncentsmakesdollars1938 Жыл бұрын
@@MeltingRubberZ28 Look at lawton Ok. 8 months ago there were house for 3 k. I just regret not buying more
@commoncentsmakesdollars1938 Жыл бұрын
Of course now they are more expensive
@commoncentsmakesdollars1938 Жыл бұрын
You can still find lots of good deals
@LuxuryBeautyWithKenisha Жыл бұрын
Thank you, I so appreciate the realness!
@Qwerty12771 Жыл бұрын
In regards to the question about adding an ADU. Are there considerations to property taxes after the new appraisal that should be taken? If adding an ADU to a multifamily for example, is there typically a significant increase in the expenses with the new property tax. Of course I'm asking for a generalization and there are many factors, just curious if there have been trends to be recognized when doing capitol improvements such as an ADU. I love the advice of using that capitol as a down payment on another property and expanding the portfolio!
@richardramdin1864 Жыл бұрын
Amazing information king David ❤
@KB_theauthentic Жыл бұрын
Good one David. Super real. 👍🏾
@Ww8.3 Жыл бұрын
Location is everything. I bought a house that has a lot of equity already. I didn’t buy a house to make money I bought it to live in. However if I decide I want to rent it it’s in a prime location (within minutes of 5 major ski resorts) duplexes / quadplexes are not always the best option but rather having a versatile property is
@77Tadams Жыл бұрын
Rohealio, sp? I feel your pain. I put 2000 earnest money down for a duplex. I thought for sure I could secure the loan for 200,000 by doing a refinance. I shopped around and also paid for an appraisal. I. The end the numbers would not work. I lost 2500 bucks. But I am glad I passed on it. Part of it would have been owner carry for 5 years. But that would have broke us because we didn’t have money to do renovations. It was an expensive lesson. I am so glad we didn’t get it, it would have left us broke.
@JalapenoDNA Жыл бұрын
Good perspective on CPI brother, been screaming and shouting this for a while now.
@LaughtersHouse Жыл бұрын
People seem to forget there lots of money to be made in seeing the dream rather than the reality
@naurnah98 Жыл бұрын
Great job!
@TitoFuentez Жыл бұрын
Thanks for keeping it real man!
@xenixrahl4409 Жыл бұрын
Keep it frank and raw. it's more informative than just hyping it like folks that go. Oh yeah, quit your job, go all in, etc
@paulinehadiz879 Жыл бұрын
Thanks for your honest show. In retirement & no real estate yet. Like to buy a 4plex and live in one to be rent free preferably in CA, but open to other states as well. Like to use FHA & 10k from retirement for 1st time buyer. Any advice is appreciated. Thanks. P
@olumideojo8616 Жыл бұрын
Love this!
@insightfool Жыл бұрын
Real talk re: inflation. Thanks David Greene
@Chefjtwoods Жыл бұрын
I did not know Micheal Jordan was in Save The last Dance easing the standard haha I definitely paused and thought for a second lol
@amberterry2090 Жыл бұрын
The guy with the decreasing value house...would it not be a good strategy to owner finance the home? Could earn a sizeable down payment, enough to equal his equity and then earn cash flow by selling at a higher interest rate?
@ruthyemane2842 Жыл бұрын
I always love your educational videos
@mikegonzalez2416 Жыл бұрын
Keep keeping it real Greene
@Panda_J1 Жыл бұрын
I look for cash flow now to help increase my income and later on look for appreciating markets
@dfwfurnishedhousing8533 Жыл бұрын
Great show!
@elias.h10 Жыл бұрын
I love it! Keep it real!
@claytonsedler9014 Жыл бұрын
Good job!!!
@meljack5 Жыл бұрын
Amazing 👏
@antoniostephano Жыл бұрын
I thought FHA 3.5 down applied to 1-4 as long as you live there as primary residence. Need clarification.
@starlaks588 11 ай бұрын
Thank you on the advice of where to begin. I was wrecking my brain trying to figure that out.
@letsgokobe1402 11 ай бұрын
Love it David thank you
@pearlperlitavenegas2023 Жыл бұрын
Excellent advice
@jillpetik1003 Жыл бұрын
Thank you for talking about 2023 strategies that are working now, and how the old strategies are now different. Can you talk more about how to adjust strategies for 2024 + and how to play the business cycles as they change. Especially house hacking valuations.
@nancyantwi7921 Жыл бұрын
There are banks that offer 4% and up on savings accounts and 6% and up on CD's like Synchrony Bank, for example.
@MeltingRubberZ28 Жыл бұрын
Been doing everything I can to buy another property. Someone locally must have a lot of money as they're outbidding by quite some margin.
@davidgreene2717 Жыл бұрын
I see that too. So it’s reasonable to assume there is a lot of money out there that is needing to find a home. That’s why we’re likely to see a crash people Keep calling for. There’s so much capital that needs somewhere to go. What other options out there are beating inflation?
@MeltingRubberZ28 Жыл бұрын
@David Greene ayyyyy I'm practically famous now! Appreciate the channel bud.
@DonaldHinton Жыл бұрын
Brutal honesty.. I learned
@sharpiproductions1299 Жыл бұрын
I love hearing the truth. I am starting in my real estate journey. What I want to know if it is still POSSIBLE to get started, find rental properties, and make money and eventually turn it into an empire
@davidgreene2717 Жыл бұрын
If you buy a property and wait 15 years, do you think it will be worth more, and the rent will have increased?
@sharpiproductions1299 Жыл бұрын
@@davidgreene2717 Yes. I think that it will be worth more. But what does that have to do with it
@oneemotiva4975 Жыл бұрын
Who ever buy today will regret it unless you keep the property for over 10 years, and I own over 65 properties in the US, plus Mexico, and Europe. I been doing this for over 40 years. I am guessing I know what I am saying, buy over seas, much better choice an area and rent it to tourist.
@HomelandHorizons Жыл бұрын
One time for the advice on perspective! I love it. ❤ A negative mindset is detrimental on every level; whereas, a positive mindset provides exponential growth potential. The compound interest of your brain power- am I right?! 👏 Also, I feel like you have to be a certain age to know who Kirk Cameron from Growing Pains is and I find that fantastic as well. 😂
@rillawhat8142 Жыл бұрын
I believe it's the absolutely WORST time to buy!!! The current market is NOT sustainable!!
@rfink222 Жыл бұрын
Are you trying to time the market?
@jronald262 Жыл бұрын
Good point about the passive income for later in life.
@gregguiltner8764 Жыл бұрын
Thank you David Green for presenting realistic expectations for rental real estate. The amazing guru returns are possible, but most investors are better served concentrating on the long game!
@MikeHawk143 Жыл бұрын
San Antonio, are you sure it was not a septic tank not connected?
@prinny04 Жыл бұрын
David and Jim, you mean the house had a SEPTIC system? That's not...unusual. But maybe in that area??
@Leonwitsel Жыл бұрын
America's economy could even be worse than China's. A weak dollar can signal an economic downturn, making me ponder on what are the best possible ways to avoid inflation, I've overheard people say inflation is a money-eater thus worried about my savings around $200K
@HansGunter903 Жыл бұрын
Investors can use the stock market as a tool to safeguard their investments from inflation, particularly during times of economic downturns. It is crucial for investors to have a clear understanding of how and where to invest their funds in order to mitigate the effects of inflation while also obtaining profits.
@HansGunter903 Жыл бұрын
in my opinion, the impact of the rise or fall of the U.S. dollar on investments is multi-faceted but learning how to grow your money has never been easier than now that you can explore and experience a truly diverse marketplace passively by using a well-performing portfolio-adviser
@heaithypocket3702 Жыл бұрын
@@HansGunter903I completely concur that employing a portfolio-advisor for investments is a brilliant idea! Not too long ago, during the market downturn caused by the pandemic in March 2020, I was struggling with investment decisions until I contacted a licensed portfolio-advisor. In a matter of months, I had gained profits amounting to $43,000.
@JuliusFritzz Жыл бұрын
@@heaithypocket3702I've not really considered portfolio advisors, but who would you recommend?
@heaithypocket3702 Жыл бұрын
@@JuliusFritzzSimple step-by-step process,excellent communication,response and good strategies, his name is *LEWIS JAMES GODFREY* . he has been a great help during my financial crisis. He's one of the top advisors
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