I’ve always wanted a Lamborghini, but I’ve also always taken the financially responsible route and invested instead. Now I’m at a similar point: invest or buy the Lamborghini. Let me know your thoughts! Add me on Snap/Insta: GPStephan
Learn my exact strategies to help grow your career as a real estate agent to a six-figure income, how to best build your network of clients, expand into luxury markets, and exactly what you can do to begin taking your career to the next level…these strategies took me to $120,000,000 in sales volume: https://goo.gl/UFpi4c
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For those who don’t want to watch the entire video:
I’ve always loved Lamborghini, but I’ve prioritized investing and buying real estate before buying the car. This has worked amazingly well over the past 8+ years. However, I’ve set a goal to buy the Lamborghini this year…and now that I have the money to finally make the purchase, I’m wondering if this is the financially sound decision to make, given that interest rates are still low for real estate.
My concern is that this will be the last chance to buy real estate sub 5% interest rate. However, as interest rates rise, I’m unsure about how much higher real estate will be rising over the next 3 years. Due to increased inventory + rising interest rates, I think we’ll see some more moderate growth - and in some markets, maybe some flattening depending how much inventory comes up. Given that, it also seems like the opportunity cost of owning a Gallardo or SLS AMG for 2 years won’t be that big, and I’d be able to get back in after a year or so with minimal “loss.”
But with that, I’ll likely be paying a higher interest rate - which may impact what I could buy down the line, especially as Los Angeles Real Estate Prices are already barely cash flowing. But from a branding perspective, a Lamborghini could end up a great asset - plus I can own the car I’ve always wanted to have.
So this is the internal debate…if you didn’t want the video, you probably should because I go into way more detail about the housing index, real estate prices, and analyzing the car vs a house. It’s worth it, I promise 😉 Thanks for watching/reading!
For business inquiries or one-on-one real estate investing/real estate agent consulting or coaching, you can reach me at GrahamStephanBusiness @gmail.com
Suggested reading:
The Millionaire Real Estate Agent: http://goo.gl/TPTSVC
Your money or your life: https://goo.gl/fmlaJR
The Millionaire Real Estate Investor: https://goo.gl/sV9xtl
How to Win Friends and Influence People: https://goo.gl/1f3Meq
Think and grow rich: https://goo.gl/SSKlyu
Awaken the giant within: https://goo.gl/niIAEI
The Book on Rental Property Investing: https://goo.gl/qtJqFq
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26 thoughts on “27 years old: should i buy a house or a lamborghini?”
  1. Avataaar/Circle Created with python_avatars Edward Martinez says:

    Lol that ford gt wasnt a bad idea

  2. Avataaar/Circle Created with python_avatars Hum Trailers says:

    Do what your brains say not your heart you will know why in the future when you make an investment in that house.And then the money you made out of that house go ahead and buy you 2 lamborghini.

  3. Avataaar/Circle Created with python_avatars Christian says:

    Till this day do you still think about buying a lambo?

  4. Avataaar/Circle Created with python_avatars Flo_ wer says:

    When in doubt. Put the house inside the Lamborghini, put the Lamborghini in the rolex.

    ~quote of genius

  5. Avataaar/Circle Created with python_avatars matthew hoac says:

    Invest it make money don’t spend it on a car that goes down in value or buy a car that is appreciating in value

  6. Avataaar/Circle Created with python_avatars D Neuman says:

    I'd lease different cars tell you find one you like then buy. It's good for the image of luxury homes.

  7. Avataaar/Circle Created with python_avatars Danial Howe says:

    only two things make sense…LEASE IT – make it a write off and at least get SOME practicality out of it or better yet DONT – you are afterall handing out financial advice so why look stupid…. follow your own advice – INVEST IT

  8. Avataaar/Circle Created with python_avatars BattlingPhoenix says:

    Lease it, get a different lease every 2 years, that’s probs the best thing to do

  9. Avataaar/Circle Created with python_avatars Daniel GM says:

    Lambo

  10. Avataaar/Circle Created with python_avatars Rishav Jha says:

    If you buy a new house you can sell your current house 😁 from the money of your current house you can buy a Lamborghini

  11. Avataaar/Circle Created with python_avatars Chief Hashish says:

    I say you get the lambo brotha, you got the ticket!!

  12. Avataaar/Circle Created with python_avatars Matt Davis says:

    I think either way your gonna come out on top. But… (my opinion) your lotus looks sooo classy. P.s. which one will cash flow better?

  13. Avataaar/Circle Created with python_avatars Adam J says:

    3.7% for 30 year mortgage currently!

  14. Avataaar/Circle Created with python_avatars Chad Bailey says:

    Now that Ricky Gutierrez has one I REALLY want you to get yours!!!! Even just to flip it a year down the line for a profit or no hit, but enjoy it! —WIN WIN! You’ve earned it.

  15. Avataaar/Circle Created with python_avatars Aidan Cocciollo says:

    Wouldnt you lose money paying tax on the lambo if you sell it for what you bought it for?

  16. Avataaar/Circle Created with python_avatars Asia Bryant says:

    Where did you live before the duplex? I'm curious about your housing expenses before you started house hacking. Video?

  17. Avataaar/Circle Created with python_avatars Alan Ayala says:

    Keep the exige, it is your thing. Too many other personalities have Gallardos.

  18. Avataaar/Circle Created with python_avatars Blagovest Vlahov says:

    good job

  19. Avataaar/Circle Created with python_avatars Robert Pope says:

    66 mustang is always the correct answer, get one AND buy a house

  20. Avataaar/Circle Created with python_avatars NOFOOD? says:

    Doesn't buy Lambo > Dies.
    Buys Lambo > Lives.

    Life be like that sometimes….

  21. Avataaar/Circle Created with python_avatars Technology Review says:

    Get the Lamborghini so you can move on and don’t have to go through this the next time this opportunity comes up.

  22. Avataaar/Circle Created with python_avatars Killa Kraig says:

    f it invest tell you can get a yacht

  23. Avataaar/Circle Created with python_avatars Eric says:

    Can you make money from the Lamborghini in some ways?? YouTube videos about it?

  24. Avataaar/Circle Created with python_avatars Eric says:

    I don’t think the Lamborghini is the answer bud, if I were you I would keep test driving these super cars and keep thinking about weighing your feelings against your thoughts. Not to mention maybe waiting until the next recession for either a car or real estate to be sold pennies on the dollar.

  25. Avataaar/Circle Created with python_avatars Paul Blanchard says:

    Since this videos is a year, you tell me what you did? May I give a third option, buy a time machine so you can do both. lol

  26. Avataaar/Circle Created with python_avatars Paul Blanchard says:

    Since this videos is a year, you tell me what you did? May I give a third option, buy a time machine so you can do both. lol

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