Remote Work is Here to Stay...With a CATCH
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- เผยแพร่เมื่อ 26 ธ.ค. 2022
- Bloom’s latest research shows that around 30% of paid workdays are done from home in the U.S., half of what they were during the first year of the pandemic. And that number seems likely to stay the same into next year and the foreseeable future.
San Francisco office check-ins continue to hover around 40% of pre-pandemic levels,
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Buy physical gold and silver today!
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How do you store your gold once you purchased? Thanks
How do you Go about selling your gold for the value it's worth? I have quite a bit of solid gold coins
Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. A trader made over $350k in this recession influenced market.
Please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch with this person
I am going to look her up, I have about $81k i want to start with, might be small but it's better than nothing though. Since the 08 crash is playing out again.
I'm an AC tech and get to go into many of homes and these remote working folks I see folks smoking cigarettes on their backporches and taking their kids to school and picking up their kids up afternoons plugging up the roads while their kids school be taking the bus or walking home while they should be working!!
I’m a Remote RN Case Manager who works remotely. A silent raise is not paying dress clothes, mileage to not go to office. , not buying 2022 model cars which currently has a 27% recall ratio. In my zip code, remote working is $523 a month cost saying every month.
Appreciate you sharing that
Check with your company to make sure they own or lease the building. And ensure your work can not be done overseas for legal reasons so that they won’t offshore their employees: makes a big difference
Makes it quieter for those of us who still work in the office Not a bad thing!
I’ll bet!
Since COVID my girlfriend and I got better jobs/positions, make more money and have better teams and management. In the end it is just about keeping yourself educated, networking and going after better opportunities. I will never return to an office when I can deliver great work from home.
Message sent to landlords: be there to manage your property or HIRE someone reliable to manage if your not there. The problem comes from millions of out of country apartment inverters abusing the system.
Michael I heard a similar story in Florida, A couple that had a property and they moved out when to Europe for a year, they wanted to rent their home. In the middle of all this, somebody rented their home illegally, then the home owners got fined by the HOA, as they refused to pay the fine, the HOA put a lien on their property, not only that they got evicted from their own property by the HOA. The owners could not get the fake renter out for 3 years. Squatters are a real problem in many states including Florida. Is no real laws protecting landlords in this case.
A
Yeah, there’s tons of stories about landlords struggling to get rid of squatters all over the country. It definitely highlights the sad state of the justice system.
I work remote. Co workers in Vegas , San Diego, Tampa , west palm beach , Orlando baby. All remote . Teams and vpn baby
I have started with this new team in October 2020, I have not seen them until August of this year, I have been in office 4 times total in those 2 years. This is dumb argument by mid level managers that teams need to be in one room, I actually have more distractions in the office than at home with 6 year old half a day around
China, Malaysia & Taiwan too? Bc every time I call my insurance I get people answering from there and they work for way less $$$
Thank you for the upload Michael that's insane the not allowing an owner to run a background check before renting there own property.
Also less office space needed
I work remote as a cloud engineer and I absolutely love it. Sold my car and if I was mandated to return to work I would quit immediately!
My company has an entire branch of WFH (work from home) employees and our company's production has plummeted. They're starting to see the connection and are slowly calling them back to the office. True, overhead costs are lower but many aren't carrying their weight so it's back to the office!!
Thanks for sharing that
I made a comment along a similar vein and got comment mugged by the entitled, “work in your pjs” whiners who all think you’re a “boomer” for believing in work ethics.
When remote work was popular the gaming industry was booming. Kids mental health also suffered during online learning. My boss is working remotely from the beach so I wonder why she is not answering the phone. She is probably walking around making videos like Michael haha
@@jeretso Indeed. It takes considerable discipline, which is sorely lacking today.
Great explanation, We here in Toronto, Canada have the same problem, landlords have no rights, then the politicians are surprise, why is here not enough of rental units. Landlords are responsible for everything and if tenant does not pay, there is a system in place, favor to tenants 100%!
Michael . Landlords should be able to Let Properties to Whom they See Fit as their Prerogative ..it's not Fair to interfere with the Landlords security and living ...it all just gets worse ! No wonder some of the Best are selling UP
I’m totally with you on that one Derek
Michael, it’s the same thing here in Chicago. The reason the cities are fining the owner is because the cities need the money, and they know the only people they can get it from is the property owners.
That is an excellent but scary point Ralph
That's thanks to the governor. She looks like bettle juice
Lesion learned # know your neighbors bring them a great bottle every now and then know who lives around you
Lesson learned !!!
Trust no one
Full Time Remote workers can work anywhere. Some will move overseas and start hiring locals to do their work. Basically start your own contracting firm, apply for multiple jobs and subcontract the work. I wonder what would happen if thousands of jobs were moved overseas.
Depends on what your position requires. A single contributor that doesn’t need to lead a project or process ( collaborate and white board with others) is probably safe working remotely. However that said, I have seen people out of sight out of mind and they were first to go in a downsize reorganization.
Hey I’ve been looking at property in Venice Fl. Saw a listing for a house, asking 960,000, I looked at the history and they paid 300000 in 2019. Crazy! Nothing special house
People are just scumbags, many places north of Chicago that people bought 2 years ago wants 80k-100k sometimes more what they payed for. Using so called "inflation" to jack up prices and try to make big profit in record time.
Crazy!!!
someone bought the property on sale.
you didn't or aren't.
so wait or look for somewhere on sale.
I buy a 12 pack of soda for $4 one week, then $8 the next. I need to shop another store on the off weeks.
I work from home 3 days a week and I got a 20% raise and bonus in 2022.
They did this with independent contractors for years. Started out where you'd get paid more to cover self-employment tax & evolved to "your IC status *is* your perk, so we'll actually pay you less. I worked in an industry for years, starting 20 years ago, long before covid. That was the evolution & it will be the same for remote workers.
Wow. So nice to see that handsome face and eyes with no sunglasses. You could make Millions of $$ as a model bud. It's not too late man. I know what I'm talking about, believe me. But I would miss your Real Estate info big time. You will always be successful, what ever you do.
That’s very kind of you, Keith. If you know of any agencies, that will give me a job without the casting send them my way👌 I actually did modeling when I first moved to Miami
In California they have been checking criminal record for years, nothing new when renting a property. I agree with it myself, as I am a landlord, and the reason its because some are criminals renting homes in good areas to growth weed in the house, and destroy your property. Also other criminals, at list you can make a good decision when you rent. I must say in Miami they check your credit record and you are OK with that right? so why not criminal records as well, at the end is my property. That is why as a landlord you can decide if you want to rent it or not, you make it sound that we say no to all renters that have a criminal record and that is where you are wrong. Its a owners choice to rent or not based on what we see.
Great video Michael :)- I believe that a lot of people are going to be in shock when they realize that the days of "remote" work is probably going to come to the end. God help those that moved out of state to relocate and are going to have to return at some point. Kudos :)-
Saw the house you passed with the two EVs and it made me think about the YT Short you just posted... Does working remotely justify extra spending like this?... I think not.
Cool to see your eyes! Thank you for these videos! Such great insight, advice and I enjoy the walks! 😊
I work from home and absolutely it. Even got rid of my vehicle and save a ton for a year. Was boring but saved for a new car and been better off for it. I’ll work here forever as long as they never lay us off.
I also make sure to watch employee reports and been hitting top numbers in my department. My own personal belief to ensure job security. I win nothing else from performing above others but I for sure dont want to go back to a normal job!
I think if you’re performing above your peers, that’ll be a good reason to keep you on the payroll when the layoffs come around
Always look over your back.because someone in India named guda is clamering for your gig.
My husband finally got a remote job way paying less than Washington state wage here but we’re happy to move back to Florida! We’ve had little crazy experience and disappointment with Florida jobs! We came to florida in September 2021 and moved back to Washington state in August 2022 couldn’t find an OK paying job here in florida so we did short rental to our house because we could afford our mortgage and bills total $3k a month. By the way we were looking for a job for 4 1/2 months and could find a job that pays to cover our lifestyle and bills in Florida! Praise God for this new job even thought we’re getting -$7 cut per hour :( ohh well but our goal is to build a mother in law on our property to rent it out and to pay our mortgage that way it’ll be easier to live otherwise it’s almost paycheck to paycheck due to our mortgage bills food
Hey man people can watch a real estate show anywhere, they come to you for the Miami Vice attitude!
Ha ha I appreciate that Paul!
Not nearly as serious but I had a rental in the Sacramento residential area (our only rental that we planned on living in when we retired) and I got a letter from the County that they would be fining me within a couple of weeks if we did not get rid of the chickens! Ha! What chickens? Come to find out the tenant had a chicken coup in the back yard and the fine from the County was pretty stiff. Thankfully she was willing to find a new home for her lovely chickens :)
It is crazy that the landlord ends up being responsible for the tenants mishaps. Glad it didn’t escalate for you.
@@MichaelBordenaro You know, we always were in contact with the tenants and they came directly to us if they needed anything. We didn't use a property management and that was over 20 years. There was only one tenant that left the house a mess (but it was fixable) and did not pay the last months rent. Most were very nice but I do believe it had to do with our contact with them and helping with their needs and they felt comfortable talking to us. It was only one house though.
Twitter 80% lay off. Facebook, Amazon, Google, Netflix, and others have massive layoffs. Soon all the houses will sell with loses.
Dude I’m not letting some drug addict live in my house sorry it brings the danger with it every time
I don’t blame you!
@@MichaelBordenaro thanks for the solid content I’m buying a house in a few months wish me luck lol
That Coney Island story and many other you tell that our grandfathers will roll over in their graves, a run-of-the-mill today not shocked at all. There are no more surprises. It’s what has been created for us and we’re still all playing in the game.
You are so levelheaded thank you for the stories, and to keep us aware
I live in Port Saint Lucie and taxes have risen quite a bit. Insurance premiums are getting ridiculous. I had to settle for Citizens. Most companies are asking for 2,500+ for the year. Highest I was quoted was 3,800.
Dang I pay less than 1k here in pa lol
That’s right cost of living down here is going berserk
Nice shirt 👕 indeed!!😻
Happy holidays to you to, it was fun to go on walks and hear your thoughts all year, feels like a friend 💞🌈🙏
Thanks glad you like the cold look😄 Appreciate you being here, my friend.
I think it is absolutely necessary to do a background check on tenants. It should be the discretion of the landlord if they want to rent to someone with a drug possession or drug trafficking charge.
No. It’s not political at all. This is $2 leadership in that state. They got big problems there unfortunately.
Your right New York is bad state to have tenants they will make so hard for you to put them out and if you can’t pay the mortgage they will take your property from you on top of that
Thanks Michael 🙏Happy New Year 🎉
You’re welcome Jennifer happy new year to you as well!
Company I work for moved from north east to FL and at first remote work was fine. After a year we were told to be in the office majority of time and people who couldn't move got several months left of employment. On one hand it kind of reassures me that my work can't be sent offshore just yet, but at the same time I was 2x or even 3x more productive working from home.
The remote work situation is really schizophrenic right now. I just got laid off of my remote position in biotech, which really wasn’t related to the looming recession. So I posted my profile on LinkedIn and I’ve been fielding tons of calls from headhunters. There are still many remote positions for middle-to-upper middle management. But, more often than not, the department head positions and junior level positions are back in the office or hybrid, which presents a dilemma for those of us trying to get to the next level but do not want to return to the office. At the end of the day, I think I would put being remote ahead of advancing career-wise. I am about 5 to 6 years from (early) retirement and I’m already making more money than I need. I would be perfectly happy remaining at my current level if it means I get to live and work in my FL beach condo during the winter. I would probably feel differently if I were more ambitious. But at some point you have to realize that you only get this one life and that you can’t take it with you.
I agree with you. When time starts, getting shorter priorities become very clear.
Lots of scams are run using vacant properties. Criminals use a vacant address to receive scammed cash, street drugs and renting or selling a property they do not own. Owners need to stay vigilant and if not local hire a manager.
Oh yeah, you gotta be very careful if you own a property that sits vacant
My manager charges me to inspect my place but thats only once a month.
@@jeretso as a long time REI I would always inspect a new tenant very often as they agree it’s in my rental agreement, I never use the boiler plate forms and I have had to ask a few to vacate because they were not maintaining the property as per the contract. I use a guest house agreement for short term rentals. Like a hotel, the guest can never establish residency requirements or status as a tenant. They can be told to leave instantly. To this video’s point I was marketing a vacant property and one day I found a fedex overnight box on my front porch. Correct address for my property but some name I didn’t know. I took it directly to the local police department where a policeman opened it up in front of me and found it was full of cash. He contacted the sender to find out they had fallen victim to a scam. Criminals will use a vacant property address to run all sorts of illegal activities. My 2Cents.
They will move them into your neighborhood not Martha's vineyard!
That’s right!
Your spot on, Michael
Have a great and healthy year
Been an awesome year
North Miami
Keystone point
Thank you looking forward to a great 2023!
Michael I love your walks Happy new year.
👕👔 the plus side to remote work... you don't need to wear a shirt at all. j/k
My office went hybrid and cut our office space in half, saving a ton of money here in San Francisco.
Everyone moving to Fl is not a good thing honestly only drives prices up. Also don’t mind not making as much remote working for peace of mind.
The federal government and government contractors are currently scooping up many of these Silicon Valley employees that were laid off. Pay may not be the same but work/life balance, job security, and remote work options is a huge, huge plus. These same employees can get their side hustle on and make even more money.
Good short term thinking
@@ld9044 So you obviously don't have a clue on federal government job security?
@@paul734 Do federal employees not have job security?
Unions….
@@Nopants4us The have probably the best job security in the world and its easy to hop from one agency to the next and maintain a great salary.
Omg! Take that to the Supreme Court. I was originally from New York and I'll tell you that doesn't sound as crazy as you think. NY is a world unto itself. That's why I left. I hope this video will bring enough awareness that those landlords get some assistance. NY can be a harsh place to live.
It’s crazy that these property owners would need to sue in order to resolve this issue that wasn’t even caused by them
Supreme Court did not care when they extended the eviction moratorium so I doubt they will even take this case.
Hi Michael ..Derek in the UK Here . This REMOTE And Working From Home has always bothered me to a degree ' for the simple reason in my opinion its really not sustainable ? i can see a percentage working from Home like office clerical 'on computers /taking orders /customer service ETC . But economy runs on Industry and manufacturing /transport . this requires Hands on factory work /Drivers transporting . all i Hear today in the UK and other countries is this thing about working from home ' this to me is impossible without human involvement and Labour in ALL industry . without manufacuring Export i see no future in countries .Im Retired and come from a generation of factories and hands on WORK So i notice these common problems ??nice subject again mike ......happy new year derek
That’s exactly right! Only a small percentage of workers worldwide will ever be able to really work from home because a lot of jobs still require a real person to be present and involved to actually make things that we need to survive
I am a pharmacist and there are remote processing jobs available for us to process prescriptions remotely. But it's usually 2/3 of the pay and no guarantees on the growth of this role from a health care perspective.
I appreciate you sharing that. Sounds like the exact formula that I discussed here.
My company is not renewing the lease where my office is. What they are doing now, they are consolidating in one office and adding hotel kind , working stations when you go in.
No tank top and sunglasses?
Who are you and what have you done with the real Michael?!
😆 I’m his replacement. Don’t worry the real Michael will be back soon👌
GREETINGS MICHAEL, ALWAYS ENJOY THESE 😃👍🌴
Thanks Johnny glad to see you again and happy you’re enjoying the continent👌
Michael finally reveals that classic Greco-Roman face of his, just in time for the New Year! I think everyone needs a nice fresh face for the New Year! I plan to get one myself.
So many misconceptions and fears around remote work. As with any career, remote careers can be successfully managed. Those of the old “Out of sight, out of mind,” mentality have probably never worked on a totally remote team.
Yes, I work on a totally remote team, and there is no issue with productivity. I know I am frantically busy lol. But there are also lots of tools to promote and enforce productivity, I honestly don’t see how this is an issue
@@lala4499 Everyone on my team, including managers and directors, works remotely. The company, a large-ish tech company, has no space for us at any of their office locations. Old thinking impedes progress. We are responsible for completing projects, and we deliver. I’ll bet you do, too! I also hear the, “Your work will be outsourced overseas if you work remotely!” The big outsourcing happened years ago.
@@TheAseliason Exactly! And I am not sure how it works for everyone else, but I can say in my work, there are legal and contract reasons that a lot of work HAS to be done on-shore. It’s just not possible to outsource everything. But I’d imagine there are limits most companies have to outsourcing.
As a former P.O. it is very uncommon for a criminal to be sentenced to jail/ prison for a first offence, or, second, or third. There are many diversion programs. Many have records as long as my arm.
PS my Florida yard is frozen.
That is a joke, no wonder they are getting more brazen
For the most part this is true. But it definitely depends on the offense and the persons representation as well
I rented out my old house and I know the neighbors. Why would I risk my property and safety of my old neighbors when there are plenty of other candidates?
Amazing video...
Kathy Hochul is floridas 2022 realtor of the year. If I didn’t have family and real estate here I would be living in Florida, probably greater Tampa
Who's this guy? Where's Michael at?
😆
Stylist here Michael lol! 😂 where I live we are wearing Canada goose puffers Michael and still freezing 🥶,I take the long sleeve t shirt anytime ! You are even styling us according to the weather ! I definitely will bring my winter clothing when I eventually move there.
I also have a story about a friend of mine who worked remote for 6 years after pandemic every one moved to to remote as a result the company lost the contract and gave the contract to a cheeper contractor and wanted them to work for much less even though she was with the previous company for many years ! Of course she did not accept lower pay but now it’s harder to find a job since more people working remote with less money ! The companies through contractors ruin peoples lives 😕! Great subject to bring up! I really believe in gold and silver not in some make believe money in form of crypto ! 😏
Thank you for sharing that story Renee! Gold and silver have been money since the beginning of time👍
Property taxes are high in Florida and yet we do not have a lot of county services. My area needs a library. Teachers wages are low in a Florida and so I am not sure where the tax money is going towards .
I was raised in Illinois and you missed the blizzard of 1967 and I was 3 and remember it. You missed the blizzard of 1979 and I was 15. In 1985 it was a negative 82 degrees below zero. I was 21 and working in a pizza place. I miss firewood smell too
yeah I've had tenants like that they come in then 2 weeks later they are fucking up the electrical system I waited 6 months to get them out jeeze
Unless you buy it and keep it yourself, you are still buying paper for gold and silver. This will be the next bubble as these places are doing the same as banks are doing and are selling more gold than what they actually have.
If you have payed your dues ( time served etc.) according to how the judge ruled, then you are no longer a criminal.
You finally took off your sunglasses🤩
It’s a miracle!
Next year, our management will be giving salary increases, but WFH status has yet to be a factor. They have employees throughout the country, but I've noticed a distinct pattern of the folks that have returned to the office. The least competitive locations (outside of major cities) and lower skilled call center jobs have been asked to come back. Divisions in the company where there have been turnover with hard to find skills, tech/design, etc. have kept work from home. I suspect mainly to retain talent, and many of the newest workers added in these departments are fully remote, and located nowhere near an office. We do have quite a bit of outsourcing for our development jobs in India, but they are all managed by local people. Pretty much most of the jobs that focus on communicating ideas or selling ideas to the higher ups are the ones done locally.
I appreciate you sharing a real world insight on that
It was a Killer storm over the Christmas Holiday here in Pensacola.
I’m sure it got pretty cold up there too
The city inspectors need to be fired, put in jail and in civil litigation for there corrupt behavior towards that citizen
This is just beyond corrupt
Justice= JUST US!
What if Florida sinks? I have been watching Florida sink since my aunt and uncle moved there in 1946. The jungle/forest is all gone. Every single solitary village fishing village is gone, except that one scalloping village next to the Greek village. All the tomato farms are gone. The center strip still has horses and cows, but the coast line is jammed with houses that are the third house owned by the owners. Very strange bizarre not worthy anymore in my mind😢
I work for a large defense contractor and have gone fully remote since Covid. Certain jobs need to go into the office but they allow remote for a lot of the ones that can be. They average 3-5% annual raises.
Thanks for sharing that
In addition to limiting pay raises, also reducing/eliminating bonuses for remote workers and the first group of people being let go when cuts are made. Interesting only to me perhaps... last year and up until about few months ago... almost all the resumes I received were from people requiring a work from home situation... and now most of the resumes I receive are from people who worked from home, but were let go or simply miss on-site employment. Not just a money situation or an efficiency issue, but there is also some early mental health research being done that is showing some of the negative effects of work from home including how not developing meaningful work relationships that form from day to day/face to face interactions actually reduce or harm ones ability to feel confidence, accomplishment, get deserved recognition, and feel a sense of loyalty. Rates of depression and professional unhappiness actually increased. Not to mention the impact working from home has on other members of the family unit. While there clearly are positives to having work flexibility, especially during a pandemic... the negatives will likely win out.
This is why, those who think the housing market in the NYC metro is going to lose value are wrong. Prices keep going up and so are the taxes. Many Employees are required to go into the City two or three days a week.
Florida's Legislature just passed Miya's Law (Fla. Stat. 83.515) that requires Landlords to require background checks for employees.
"Transient and non-transient" Mostly aimed at apartment complexes but I'm sure it's a published document that anyone can read.
Michael, the best thing about working remotely for the federal government is that their pay is based on a General Schedule (GS) Grade and Steps. Overtime is calculated at a higher GS rate. Therefore, the more you work, the more you make. This is unlike a corporate salary, where the more you work, the less you make. I have worked both corporate jobs and federal jobs, and I prefer Uncle Sam over Uncle Scam! Working remotely is a gift from heaven itself.😁
B of A bankwas charging me fees on my card that had no merit what so ever, i saw it and told them they could stick it where it dont shine, i never use their bank for anything again!
I was told what this is what you are talking about Michael. It's called, "Wage compression". The minimum wage increased to $11 per hour in Florida on September 30, 2022.
Walking in tall cotton
Rare day to see you without glasses
I know! Don’t get used to it
!!!! New York, and Maine. !!!
It’s very hard for some people to believe that this is happening and that it’s a so-called legal thing.
It is truly unbelievable
As a general rule, don't be a landlord in a blue state. There are lots of regulations and the courts automatically take the side of the tenant against you. Blue states also have non-profit organizations funded by the taxpayers to help tenants get out of paying rent and avoid evictions.
Companies can also outsource and find overseas employees that can do the same job with the same quality and pay less in salary.
Happy holidays Michael.
Thanks happy holidays to you as well!
Great video but there is one topic i would really like you to make a video about: "shut down buildings in Miami". As an foreign investor I would like you to explain what the "shud down because of violations" mark, really mean and What risks are associated to such a buy.
I made a video a couple months ago, called another condo, collapse avoided check that one out. I dive into detail for a situation like this.
Why give a raise if you can contract it for 40 cents on the dollar overseas
You look like a GQ model Mr. Bordenaro, and I like your commentary. Great work!
Really appreciate the compliment Richard!
Landkords historically weren’t a couple with a retirement account. They used to be more associated with mobsters and the informal economy.
So if there were squatters, the law wasn’t involved much.
However, squatters put a huge burden on the legal system, because there are too many.
Never leave your property unattended. Never buy in NYC. Work for your self.
Depends on the industry,
Gsme development is still heavily competitive and you have European studios hiring North Americans remotely,
American studios hiring Canadians and vice versa.
Remote work is the new normal (for gane dev that is)
Michael - great to see your face (and watch and learn from your videos) BUT BUT BUT...rain or shine ya gotta protect your eyeballs :)
Hi Michael! 😊 Thanks for all of your efforts to research and produce these videos. Question- would you ever walk through a Florida mobile home park? Some parks don't allow it. But some may, and this would be interesting.
Hey Rusty, I’m not opposed to it.
Dang bro, you got some beautiful eyes! I don’t think I ever noticed that.
Thank you! Most of the time they’re hidden behind the shades
Florida SB 4D is in the process of being considered --- THIS (IF/WHEN) it is passed will catch many people unaware of these new and additional reserves and inspection requirements in Condominiums --- What is your opinion??
For sure, I wonder if this is a direct result of the Surfside condo collapse. 🤔
I agree with you, George. I’ve discussed this a few times on the channel but I’ll definitely be talking about it some more.
Hi I am very interested to see what happens next year
Me too!
Minimalism is essential
Live below your means
One can live luxuriously in under 1,000 square feet in a condo
Better to have all your properties paid off
Would the city allow the landlord to throw out the squatter? Would they make the landlord go thru hoops to get them out? Can't have it both ways. And if the landlord was kept away by the pandemic, it's not their fault what was happening We need FULL restoration of property rights to owners. Otherwise rentals will be a thing of the past. And of course, the squatters should be charged with a crime.
I read it discrimination against someone with a felony