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⚠️⚠️⚠️ #realestate #housing #housing ⚠️⚠️⚠️
The housing market disaster is now evolving into home builders liquidating their inventory enmasse. This is a disaster with a massive backlog of homes coming for the housing market. The housing crash is here.
This is not a solicitation or financial advice. See the PPM at https://Househack.com for more on HouseHack.
📝Contact Information for Kevin & Liability Disclaimer: http://meetkevin.com/disclaimer
Videos are not financial advice.
⚠️⚠️⚠️ #realestate #housing #housing ⚠️⚠️⚠️
The housing market disaster is now evolving into home builders liquidating their inventory enmasse. This is a disaster with a massive backlog of homes coming for the housing market. The housing crash is here.
This is not a solicitation or financial advice. See the PPM at https://Househack.com for more on HouseHack.
📝Contact Information for Kevin & Liability Disclaimer: http://meetkevin.com/disclaimer
Videos are not financial advice.
Housing in NYC needs to drop 80%. Think I'm kidding? Only the rich can afford a $900,000 IKEA quality one bedroom apartment.
This may come off as if I'm being mean, but I assure you, I'm not. I’m actually giving you the honesty that you NEED to hear. Your new venture name is about the worst available. "Hack" is related to illegal activity, and you are going into an industry that has a reputation for shady deals. If that is your business plan, then please accept my apology. If not, your name selection is so bad that your business could fail on the name alone. JMHO Luv the show though.
Thank you Kevin!!!!!!!!!!!!!!!
😎
This data and trend is 3-6 months behind reality.
Was making this observation in the Spring because of price of commodities and then later it became more about the interest rate.
I'm so glad that prices are coming way down as they SHOULD. Prices are way too expensive and people are asking silly and stupid prices!
The thing that all of these experts fail to take into account is that the politicians will never act fiscally responsible and they will continue to encourage the FED to print money thereby worsening inflation.
Its natural to see so many investors panic amid a worsening bearish market but it is also important to note that the market situation is nothing new in the crypto world.Several factors are driving negative sentiment in the stock and crypto markets right now including inflation, a shaky stock market, rising interest rates, and recession fears. As a result, bitcoin has dropped significantly from its all-time high, breaking below several key technical levels. As a crypto investor, the current situation might seem bleak. However, there are several tried and tested, expert-suggested investment strategies that can help you weather the current crypto storm. In 5 weeks of shorting and trading with signals directly from Horace Remington, I have been able to accumulate 11 btc despite the state of the market.
WASN'T it " different "this time ?? 🤔
I wish it said it “stock market”
A note on getting a second job to increase income for a loan: check with your lenders first. It's absolutely great for adding savings, but some lenders will not look at the income from a second job if it's new. They'll only look at the job with the highest income, because a lot of people get a second job to qualify and then dump the job. Even if you have a longstanding history of working two jobs. I was at one place 8 years as my second job, consistent hours the entire time, but since I had changed companies for my full time job less than 2 years ago it didn't count towards my income for the loan at the time. It had to be the same 2 jobs for 2 years. Obviously this depends on the lender and policies always change, just double check if it will count as income.
Getting a 2nd job, lol…. YEah KEvein, I work 8 hours a day. Let me get a second job and work another 8 hours. After all, the day has 24 hours and sleeping is for losers…
🤩the depreciation tip**
I talked to some Lennar builders in Phoenix. They have people canceling contracts with $10,000 earnest downpayments!
So what happens when institutions and business start to buy homes as they come down? R/E is a safe place to park money, and business who buy homes wont flinch. Prices wont fall much is my guess.
I know I’ve seen some big packages up for grabs in my area.
They want to see regular homeowners sell their homes that way big investor can get those opportunities but I hope regular homeowners keep their homes as long as they can.
Crash already
Man, I just don't have my ADD adjusted enough (yet) to follow the video in depth unless I'm sitting down taking notes like I'm at school….. life too busy, many distractions….
Became famous for shi**ing on Craig Cardone, just to grow in his foot steps! 🤦♂️
Geeze didn’t you quit? What happened?
A lot of these newly constructed homes were listed expensively, the reason why they're sitting on the listings for too long. Lots of cancellations with the rates have gone higher. Yet regardless of where the rates are at, it's the high prices that cause homebuyers to take a step back. Great insights!
It's an opportunity, should be a bit more optimistic about it
It seems rental property are doing so well right now 🤔🤔
It seems rental property are doing so well right now 🤔🤔