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very well said 👏

amazing insight 👏

cool ty. I'll use that tip. Ty a

great info 👏

Video is a bit older but the most helpful. Other people on TH-cam were making it seem like the bank would write a check for you to buy the land AND pay for the architect plus construction with all of it costs; all while just putting 3.5% down

you think a guy with money like that watches this

very well said

No the fuck we are not. Rent keeps going up and up

how is that a bad thing lmao

Your tone feels super scummy. Are you meaning this as a good or bad thing? Lower rents are better. To be clear. And if you don't think so. You are a parasite on society. So I really hope. That's not how you feel.

Simple, but effective.

very well said 👏

Or you could just ask the seller to reduce the price and buy down the interest rates yourself right? Probably a lot easier at the closing not to have these unnecessary additional and complicated line items on the closing documents. I mean it's not like they're going to buy down those interest rates prior to the closing.

How bout just a 1000’sq foot house no Pool no solar??? Everybody goes right to luxury we’re just looking for affordability 1 - 2 bed 1 bath

Hello Dear, Do you want a professional TH-cam thumbnail designer?

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I wish your organization maximum success

Go ahead bro I'm with you

The reason housing is so expensive is these realtors and mortgage brokers like all get paid on commission. It behooves them to keep property values increasing. They didn't create the product. All the did was middle the sale. I have spent my life building luxury homes for the rich, yet wages are the same as they were in 1999. I refuse to participate anymore. Build your own house.

Hey Rick , really nice video! I was wondering if I could help you with more Quality Editing in your videos and also make a highly engaging Thumbnail which will help your video to reach to a wider audience ?

Great

Thank you

Your channel has no subscribers No attractive thumbnails SEO score is 00 out of 100 No video tag and channel tag Your channel is not SEO

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Im currently without insurance on my rental. It's considered in a fire brush zone. I have to get the California fair plan, plus additional insurance what it doesn't cover. Pain in the but. I ask a realtor what my house will cost for coverage, and he said about 3500 for the year. 3b 2ba 2300 sqf. 🤨

😮😮 Not good for society.

Good stuff! 🦾 What about building in Hollywood Hills / Birds Street luxury home with a 45 degree gradient / slope? Let’s say we need 60-100 caissons going 50-60 feet deep, 1 acre land (bought for 3M) and 12000 sqft living space, 60 foot infinity pool, massive driveway to park 10-12 cars, deck around 7000sqft, top on the line amenities, flooring and materials, and tennis court built on the leveled slope? What’s the total cost and also average cost per caisson? I’m thinking 8-10M (3M land + 5-7M construction), I’ve heard 20-30K per caisson cost with a good GC, thoughts?

I just want 1000sq/ft house on 2000 sq/ft lot.

very good video

I see a lot of land in the price of 100,000's all around the woodland hills, sherman oaks, hollywood hills that say that have all of the permits ready and everything. How much per square feet would it be to build a decent home there?

Thank you!

In the ongoing Sitzer/Burnett lawsuit concerning buyer commissions, we are witnessing the alarming development of a foundation being laid for potential AI monopolies orchestrated by the major players in the real estate industry. It appears that these entities are intentionally settling this case at the expense of their investors and consumers. The "big five" agencies, which include the National Association of Realtors, Keller Williams, and HomeServices of America, seem to be working towards creating a new generation of AI systems equipped with modules designed to represent both buyers and sellers. The plaintiffs, a group of Missouri home sellers, are led by class representatives Rhonda Burnett, Jerod Breit, Jeremy Keel, Hollee Ellis, and Frances Harvey. The case against the defendants reveals a disconcerting scenario in which the losing party has strategically conspired against consumers to establish a monopoly that, on the surface, appears to go against the consumers' will and best interests. However, beneath the surface, it becomes evident that this move serves to pave the way for a new AI monopoly solution, albeit under a different name and entity, which is seemingly unrelated to the "big five" agencies. The ultimate consequence of this could be astronomical costs incurred by American consumers, while legal professionals stand to profit significantly, and the AI industry is poised to become a multi-billion dollar enterprise. This raises critical concerns about the potential impact on consumers, the real estate industry, and the role of AI in shaping the future of real estate transactions.

Small lot subdivisions only make sense to lower land cost

I'm looking out on the 14 corridor and land out there is better but then utility hookup costs more. With at least a couple neighborhoods with dry wells, even that's not a solution.

Wonderful, makes it sound realistic, and easy to understand, keep in mind, I’m old so some of this goes over my old head.

Love this video, very informative. He’s so handsome.

Yep. It’s a rip off

awww man my stniky feet are uwo so gross

meow"

i like dogs

Can you please do an updated video on purchaaing a home with student loans? Thank you

I always enjoy watching Rick's videos... very informative! Thanks!

great advice!

It has a history of discrimination against minorities. Credit score and debt could be because they choose to pay their rent before their credit card bills. Those with financial abuse in their history are being punished for the abusers acts. Credit scores should be prohibited. The only part that matters is employment, income, rental history, evictions and criminal records

Nice video Rick, 100% agree with you

I enjoyed your commentary. I found it very helpful.

Very interesting thoughts! Thank you!

Rick is one of the most knowledgeable brokers in Los Angeles, and his info is useful regardless of where you live! Thanks for the video!

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