Our economy struggling with uncertainties, housing issues, foreclosures, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth
In particular, amid inflation, investors should exercise caution when it comes to their exposure and new purchases. It is only feasible to get such high yields during a recession with the guidance of a qualified specialist or reliable counsel.
True, initially I wasn't quite impressed with my gains, opposed to my previous performances, I was doing so badly, figured I needed to diversify into better assets, I touched base with a portfolio-advisor and that same year, I pulled a net gain of 550k...that's like 7times more than I average on my own.
Julianne Iwersen Niemann is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment...
My CFA Julianne Iwersen Niemann, a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market
These have been a thing in the UK for a while now. They call them homes of multiple occupancy (HMOs). They do create affordable places to live, but they're hell to live in. They're also unpopular with neighbours, and once a house has been carved up, it's almost impossible to put it back to how it was before. As with all rented and shared property, the tenants have no vested interest in maintaining the place, so it gets run-down. Think very carefully before you go down this route.
Thank you for sharing. PadSplit operates to ensure that all parties including the tenants and the landlords abide by their rental agreements and local renting laws, ensuring the quality of the units being rented.
Agreed. The issue with this is shared bathrooms, kitchens, living rooms - with 5 individuals in a single house that’s very often an issue (first and second hand experiences, myself). I appreciate the intention to “solve” this issue from this company, and I believe in its intentions, but to me it’s more of a bandaid (more like, a very very good military grade bandage) in that it works but will lead to social/cultural issues in the long run if better options are not found. Imo, we really need a (future-ready, sustainable) infrastructure of pod-style living for low-income housing - something that can be affordably mass produced, providing basic options for single (or even options for multi) person living. I think there’s a sense that this is more difficult than any other alternative but I would say it’s an inevitable prospect that simply needs the right fidelity - the capital is already there (50billion/year plus private investments) - we just need to organize and manage the broad collaboration of public and private resources needed for such a venture. Ultimately, like many things, no matter what it is, we need genuine, intelligent leaders. Leaders who are interested in long-term prospectives and not only short sighted-ness.. the type of thinking that we’ve failed to adapt to in the modern, techno-advanced society. Too many leaders are worried about risking their own beneficiaries rather than their communities and society as a whole, and scared [change] don’t make [change].
After selling two homes in 2023, I'm anticipating a housing crisis in order to buy inexpensively. As a backup plan, I've been thinking about purchasing stocks. What recommendations do you have for the best time to buy? On the one hand, I keep reading and seeing trader earnings of over $500k each week. On the other side, I keep hearing that the market is out of control and experiencing a dead cat bounce. Why does this happen?
Most investors can't handle a crash since they are accustomed to bull markets, but if you know where to look and how to get around, you can profit handsomely. It depends on your entry and exit strategy.
That's right. I am a husband, father of four and new grandmother, 28 years in Corporate America, retired recently at 57 after discovering the freedom investing could provide, been contributing to my portfolio since the pandemic in early 2020, and have grown a $250,000 savings account to almost 1 million, credits to my investment advisor.
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Melissa Terri Swayne” for about 4 years now, and her performance has been consistently impressive.
Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
Keep in mind that during the 80’s people were encouraged to save due to the interest rates. Right now there’s very little incentive to save because those who are saving are watching those who are reckless taking it in. I’ve been trying to save for a home and it’s been discouraging to watch prices continue to not budge because there’s people willing to get into a mortgage where they’re paying 40% of their income. It’s insane.
Consider shifting from real estate to stocks during severe recessions. While market volatility presents short-term trading opportunities, it's crucial to approach with caution. This isn't financial advice, but investing during such times may be a strategic move, consider adopting the services of a financial expert.
In fact, I had no prior experience or understanding when I began investing in 2020, but by the end of 2023, I had made a profit of almost $850k. All I had been doing was going by what my financial advisor had told me. This demonstrates that all you truly need is a professional to assist you; you don't even need to be a great investor or put in a lot of work.
"’Iynne Marie Stella" is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment
Roommate is a fukn terrrribl idea. How to screen for psychopaths?! Stuff like bipolar and schizophrenia does show up on a background check 😒 the crazy person I moved in last year, vandalized my house and stole my furniture
I said the same thing. Went against what I said, HORRIBLE EXPERIENCE. I could’ve crashed and burned alone. The guy moved in and made a fake payment that didn’t bounce until the NEXT MONTH. Which made it to where LEGALLY, I couldn’t just put him out. He was considered a resident per Texas law. SMH. Ended result? I lost my place anyway. SMH
How useless is this at 8:22 it shows all padsplit did was get split a bedroom, and turn the living room into a bedroom. $1900/ 3 bedroom at $633.33 a bedroom compare to padsplit where the lowest is $650 and with a couple of more roommates. In College Station Texas they limit it to where there are no more than 4 non-related people living in a single family home to reduce traffic. So this won’t work. And you need building permits just to split up a bedroom. So this is useless!
Build smaller more economical homes. Most places don't want their home values to drop so they only want Mansions built nearby. There has to be a mix of neighborhoods for working folks, recent college grads etc.
I spent 10 years in commercial residential property management, and an array of properties, including "affordable". This "model" is a worst of several worlds. I would anticipate a lot of probable problems from that.
About 8 years ago, I rented a room in a very large home in a small sized city where I worked. I found it on an apartment rental site. A couple years before that, I found a rental with several other roommates where I was taking over for a previous tenant. I don't know how PadSplit is any different from those situations where an individual is renting out rooms in their home, or a person is subletting or outright switching out for another tenant. In both situations, I did need to have a deposit equal to one month's rent, but at my low income at the time (half the median wage for the area), I was even able to save up that much.
Folks aren't really "room-mates" if everybody in residence isn't involved in the decisions of who else lives there. If you have a living in the property "host", chanc s art and their quarters will be quite more and better and they will have all the control. This is somewhat like "sober houses", which are well known for various problems and abuses.. In fact, these kinds of arrangements seem most designed for lower 🔙 get "investors" wanting to get others to pay for it.
Basically it is pooling a house / apartment and sharing it between 3, 4, 5 housemates. However this create new issues : liability issues in case of damages in shared areas, faster degradation, no one is in charge in the house, housemates relationship issues (loud music, friends coming over,…),…
Less of those negatives happen then you'd guess. Good folks need a clean and safe room to live and launch their life. No doubt there is a need for lower cost housing!!
The property still has an owner. In many cases, the owner of the house lives there with the PadSplit renters. It's a great way for first time homebuyers to increase their income so they can afford their mortgage. Not to mention the benefits for renters: furnished rooms for quick move-in and move-out, rent paid weekly to build credit scores, cleaning services included, utilities included, to name a few.
@@StandTogetherCC Yes, if the Lanlord lives in the same house, then there is someone in charge and ensure that everything is kept in good conditions. I lived 10 years in apartment, sharing it with flatmates, so I know quite well the challenges that can arise if the Landlord is not living in the house…
That's why PadSplit's vision is so important for the moment we are in. It's hard to build new affordable housing and co-living units - so let's transform the buildings we already have into more economical shared spaces.
Padsplit saves you sooo much money. And helps so many homeowners. I enjoy helping the homeowners, I honestly would not prefer to rent an APARTMENT. At any point that person can be evicted and therefore YOU are then evicted. Not worth the risk IMO. But like most CITIES, there aren’t many HOUSES. So I understand that most people don’t have a choice.
This is not new at all. What WILL be new is seeing how many families get kicked out of apartments and houses and forced into 1 house with 2-4 other familes sharing 1 bedroom for themselves and each family shares 1-2 bathrooms between them all. That is when 💩 has truly hit the fan because when I was growing up my family was so poor we did this with 2 other familes in my grandfathers house at a rental rate that is a fraction of even what you see today renting out a room and mind you this was in the late 90s to early 2000s before my dad bought his first house.
Landlords and governments should be capped on what they can charge tenants or landlords based on the tenants pay. Landlords should only be able to charge tenants 20% of their pay max. Governments can only tax landlords a percentage of what they make in real time. When a landlord loses a tenant the government loses the tax from that tenant
I mean, it’s a good ad for the startup, but the guy sounds exactly like Billy Corgan and people have been renting out rooms since the beginning of time without apps. It’s messy either way. Making a cash grab app isn’t going to magically make boomers rent out their 8 extra rooms in their McMansions. Although it would be a funny reality show.
That is not a solution to unreasonable prices that is being paid in total. I think no one in this video really cares about housing criss, instead they are trying to promote their own product converting this into their advantage. What we should really focus on is, we pay much more than to live, to sleep, to this meet fundamental right, and need.
If the intrest rate crash like in japan for a long time... price of money will crash...and hause will be like free!!! Same hapen in italy! -bubble bust; same in japan bubble bust. the us house just starte to bust in real term!
Unfortunately, as the video explains, minimum wage workers can't even afford to rent in the places they work, let alone think about owning property. PadSplit's vision is to transform the abundance of under-used single family properties in America into economical co-living spaces. This is also beneficial for the property owners, who can make money off unused space in their homes. Rent is paid weekly, which helps the renters build their credit score. Many people across America are happy to co-live, if it means they can live safely and affordably. That is something everyone deserves.
@@StandTogetherCC “many people across America are happy to co-live” You need to stop 🛑 the bullshit that’s not true and you know it they are happy to co-live compared to a tent underneath a bridge in Chicago Seriously you’re a bad person that doesn’t realize yet
Wow. So every high school kid earning minimum wage should be able to afford a nice place to live without roommates. Every business who needs extra help can afford to pay that extra help a middle class wage.DUMB! Everyone i know had to scrimp and save, pair up, and get a few years into their career before being able buy a house or get a great apartment. I know the housing market is unaffordable right now. But this idea that if you do any kind of work you are owed a sacrifice-free path to housing is crazy.
@@dominoediggs4790 Why do you think that a ministry supports handups rather than handouts? Ministries know the outcome for people who don’t earn things themselves.
Your belief that minimum wage jobs are just for high schoolers is misinformed. Look around your community: you will see adults working in every minimum wage sector there is. And in order for our communities to function, in order for those businesses to continue operating and serving other citizens such as yourself, those minimum wage workers need a place to live. This is true of the city, the suburbs and the country. Minimum wage workers are everywhere, and that's why we need affordable housing. PadSplit's vision is to repurpose empty traditional housing into purpose-built, co-living spaces that serve America's urgent need for affordable housing. It's taking what we already have and making it work better for us - for everyone. P.s., the average age of a PadSplit renter is 35.
Our economy struggling with uncertainties, housing issues, foreclosures, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth
In particular, amid inflation, investors should exercise caution when it comes to their exposure and new purchases. It is only feasible to get such high yields during a recession with the guidance of a qualified specialist or reliable counsel.
True, initially I wasn't quite impressed with my gains, opposed to my previous performances, I was doing so badly, figured I needed to diversify into better assets, I touched base with a portfolio-advisor and that same year, I pulled a net gain of 550k...that's like 7times more than I average on my own.
This aligns perfectly with my desire to organise my finances prior to retirement. Could you provide me with access to your advisor??
Julianne Iwersen Niemann is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment...
My CFA Julianne Iwersen Niemann, a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market
These have been a thing in the UK for a while now. They call them homes of multiple occupancy (HMOs). They do create affordable places to live, but they're hell to live in. They're also unpopular with neighbours, and once a house has been carved up, it's almost impossible to put it back to how it was before. As with all rented and shared property, the tenants have no vested interest in maintaining the place, so it gets run-down.
Think very carefully before you go down this route.
Thank you for sharing. PadSplit operates to ensure that all parties including the tenants and the landlords abide by their rental agreements and local renting laws, ensuring the quality of the units being rented.
Agreed. The issue with this is shared bathrooms, kitchens, living rooms - with 5 individuals in a single house that’s very often an issue (first and second hand experiences, myself). I appreciate the intention to “solve” this issue from this company, and I believe in its intentions, but to me it’s more of a bandaid (more like, a very very good military grade bandage) in that it works but will lead to social/cultural issues in the long run if better options are not found.
Imo, we really need a (future-ready, sustainable) infrastructure of pod-style living for low-income housing - something that can be affordably mass produced, providing basic options for single (or even options for multi) person living. I think there’s a sense that this is more difficult than any other alternative but I would say it’s an inevitable prospect that simply needs the right fidelity - the capital is already there (50billion/year plus private investments) - we just need to organize and manage the broad collaboration of public and private resources needed for such a venture.
Ultimately, like many things, no matter what it is, we need genuine, intelligent leaders. Leaders who are interested in long-term prospectives and not only short sighted-ness.. the type of thinking that we’ve failed to adapt to in the modern, techno-advanced society. Too many leaders are worried about risking their own beneficiaries rather than their communities and society as a whole, and scared [change] don’t make [change].
After selling two homes in 2023, I'm anticipating a housing crisis in order to buy inexpensively. As a backup plan, I've been thinking about purchasing stocks. What recommendations do you have for the best time to buy? On the one hand, I keep reading and seeing trader earnings of over $500k each week. On the other side, I keep hearing that the market is out of control and experiencing a dead cat bounce. Why does this happen?
Most investors can't handle a crash since they are accustomed to bull markets, but if you know where to look and how to get around, you can profit handsomely. It depends on your entry and exit strategy.
That's right. I am a husband, father of four and new grandmother, 28 years in Corporate America, retired recently at 57 after discovering the freedom investing could provide, been contributing to my portfolio since the pandemic in early 2020, and have grown a $250,000 savings account to almost 1 million, credits to my investment advisor.
Impressive can you share more info?
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Melissa Terri Swayne” for about 4 years now, and her performance has been consistently impressive.
Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
Keep in mind that during the 80’s people were encouraged to save due to the interest rates. Right now there’s very little incentive to save because those who are saving are watching those who are reckless taking it in. I’ve been trying to save for a home and it’s been discouraging to watch prices continue to not budge because there’s people willing to get into a mortgage where they’re paying 40% of their income. It’s insane.
Consider shifting from real estate to stocks during severe recessions. While market volatility presents short-term trading opportunities, it's crucial to approach with caution. This isn't financial advice, but investing during such times may be a strategic move, consider adopting the services of a financial expert.
In fact, I had no prior experience or understanding when I began investing in 2020, but by the end of 2023, I had made a profit of almost $850k. All I had been doing was going by what my financial advisor had told me. This demonstrates that all you truly need is a professional to assist you; you don't even need to be a great investor or put in a lot of work.
@@Turner_p who is your advisor please, if you don't mind me asking?
"’Iynne Marie Stella" is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment
I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an email shortly.
Roommate is a fukn terrrribl idea. How to screen for psychopaths?! Stuff like bipolar and schizophrenia does show up on a background check 😒 the crazy person I moved in last year, vandalized my house and stole my furniture
Random roommates suck. I'd never rent out a bedroom to a random person.
I said the same thing. Went against what I said, HORRIBLE EXPERIENCE. I could’ve crashed and burned alone. The guy moved in and made a fake payment that didn’t bounce until the NEXT MONTH. Which made it to where LEGALLY, I couldn’t just put him out. He was considered a resident per Texas law. SMH. Ended result? I lost my place anyway. SMH
How useless is this at 8:22 it shows all padsplit did was get split a bedroom, and turn the living room into a bedroom. $1900/ 3 bedroom at $633.33 a bedroom compare to padsplit where the lowest is $650 and with a couple of more roommates. In College Station Texas they limit it to where there are no more than 4 non-related people living in a single family home to reduce traffic. So this won’t work. And you need building permits just to split up a bedroom. So this is useless!
Build smaller more economical homes. Most places don't want their home values to drop so they only want Mansions built nearby.
There has to be a mix of neighborhoods for working folks, recent college grads etc.
Not as simple as that.
I spent 10 years in commercial residential property management, and an array of properties, including "affordable". This "model" is a worst of several worlds. I would anticipate a lot of probable problems from that.
About 8 years ago, I rented a room in a very large home in a small sized city where I worked. I found it on an apartment rental site. A couple years before that, I found a rental with several other roommates where I was taking over for a previous tenant. I don't know how PadSplit is any different from those situations where an individual is renting out rooms in their home, or a person is subletting or outright switching out for another tenant. In both situations, I did need to have a deposit equal to one month's rent, but at my low income at the time (half the median wage for the area), I was even able to save up that much.
Folks aren't really "room-mates" if everybody in residence isn't involved in the decisions of who else lives there.
If you have a living in the property "host", chanc s art and their quarters will be quite more and better and they will have all the control.
This is somewhat like "sober houses", which are well known for various problems and abuses..
In fact, these kinds of arrangements seem most designed for lower 🔙 get "investors" wanting to get others to pay for it.
Basically it is pooling a house / apartment and sharing it between 3, 4, 5 housemates.
However this create new issues : liability issues in case of damages in shared areas, faster degradation, no one is in charge in the house, housemates relationship issues (loud music, friends coming over,…),…
Student housing makes it work somewhere
Less of those negatives happen then you'd guess. Good folks need a clean and safe room to live and launch their life. No doubt there is a need for lower cost housing!!
@@SirCutRy
Student housing isn’t permanent. And many students just barely tolerate one another.
The property still has an owner. In many cases, the owner of the house lives there with the PadSplit renters. It's a great way for first time homebuyers to increase their income so they can afford their mortgage. Not to mention the benefits for renters: furnished rooms for quick move-in and move-out, rent paid weekly to build credit scores, cleaning services included, utilities included, to name a few.
@@StandTogetherCC Yes, if the Lanlord lives in the same house, then there is someone in charge and ensure that everything is kept in good conditions. I lived 10 years in apartment, sharing it with flatmates, so I know quite well the challenges that can arise if the Landlord is not living in the house…
This was an ad
Housing Crisis Yet Mansions sit empty.
That's why PadSplit's vision is so important for the moment we are in. It's hard to build new affordable housing and co-living units - so let's transform the buildings we already have into more economical shared spaces.
A lack of affordable housing doesn't void or supercede property rights. If you don't like it, move to China.
Yep, that is such a crying shame!
Padsplit saves you sooo much money. And helps so many homeowners. I enjoy helping the homeowners, I honestly would not prefer to rent an APARTMENT. At any point that person can be evicted and therefore YOU are then evicted. Not worth the risk IMO. But like most CITIES, there aren’t many HOUSES. So I understand that most people don’t have a choice.
This is not new at all. What WILL be new is seeing how many families get kicked out of apartments and houses and forced into 1 house with 2-4 other familes sharing 1 bedroom for themselves and each family shares 1-2 bathrooms between them all. That is when 💩 has truly hit the fan because when I was growing up my family was so poor we did this with 2 other familes in my grandfathers house at a rental rate that is a fraction of even what you see today renting out a room and mind you this was in the late 90s to early 2000s before my dad bought his first house.
A lot of money for just a room imo. And you have to share facilities?! Idk. If it works for some, cool.
It's half the price of the average rent for a 1-bedroom ($1800). At that price, shared facilities are a necessity for many workers across America.
Landlords are the problem. Stop encouraging the problem.
Landlords and governments should be capped on what they can charge tenants or landlords based on the tenants pay. Landlords should only be able to charge tenants 20% of their pay max. Governments can only tax landlords a percentage of what they make in real time. When a landlord loses a tenant the government loses the tax from that tenant
Don't have a job = can't afford housing.
Have a job = can't afford housing.
So why have a job?v
I mean, it’s a good ad for the startup, but the guy sounds exactly like Billy Corgan and people have been renting out rooms since the beginning of time without apps. It’s messy either way. Making a cash grab app isn’t going to magically make boomers rent out their 8 extra rooms in their McMansions. Although it would be a funny reality show.
That is not a solution to unreasonable prices that is being paid in total.
I think no one in this video really cares about housing criss, instead they are trying to promote their own product converting this into their advantage.
What we should really focus on is, we pay much more than to live, to sleep, to this meet fundamental right, and need.
If the intrest rate crash like in japan for a long time... price of money will crash...and hause will be like free!!!
Same hapen in italy! -bubble bust; same in japan bubble bust.
the us house just starte to bust in real term!
Im not living with anyone by my wife and son. If things don't change soon their will be hell to pay
This video is based on individual band-aids not collective solution.
lol, product placement.
Don't have a job = can't afford housing.
Have a job = can't afford housing.
So why have a job?
you'll own nothing & be happy...with your new roommates
And the alternative is what
Unfortunately, as the video explains, minimum wage workers can't even afford to rent in the places they work, let alone think about owning property. PadSplit's vision is to transform the abundance of under-used single family properties in America into economical co-living spaces. This is also beneficial for the property owners, who can make money off unused space in their homes. Rent is paid weekly, which helps the renters build their credit score. Many people across America are happy to co-live, if it means they can live safely and affordably. That is something everyone deserves.
@@StandTogetherCC “many people across America are happy to co-live”
You need to stop 🛑 the bullshit that’s not true and you know it they are happy to co-live compared to a tent underneath a bridge in Chicago
Seriously you’re a bad person that doesn’t realize yet
And no one will do much if anything, either. Is the VR included?
Get investors out of the housing market! Housing is not a vehicle for investment but a basic need for survival!
Wow. So every high school kid earning minimum wage should be able to afford a nice place to live without roommates. Every business who needs extra help can afford to pay that extra help a middle class wage.DUMB! Everyone i know had to scrimp and save, pair up, and get a few years into their career before being able buy a house or get a great apartment. I know the housing market is unaffordable right now. But this idea that if you do any kind of work you are owed a sacrifice-free path to housing is crazy.
Who is losing in this? Are they losing out on suffering?
How can you have these thoughts and ideas and work with a ministry. That's absolutely backwards
@@dominoediggs4790
Why do you think that a ministry supports handups rather than handouts? Ministries know the outcome for people who don’t earn things themselves.
Your belief that minimum wage jobs are just for high schoolers is misinformed. Look around your community: you will see adults working in every minimum wage sector there is. And in order for our communities to function, in order for those businesses to continue operating and serving other citizens such as yourself, those minimum wage workers need a place to live. This is true of the city, the suburbs and the country. Minimum wage workers are everywhere, and that's why we need affordable housing.
PadSplit's vision is to repurpose empty traditional housing into purpose-built, co-living spaces that serve America's urgent need for affordable housing. It's taking what we already have and making it work better for us - for everyone. P.s., the average age of a PadSplit renter is 35.
@@LuckyCharms777 delusional thinking. And not of Christ. Must be a ministry of disembodied spirits of the Nephilim
Don't have a job = can't afford housing.
Have a job = can't afford housing.
So why have a job?