I think interest rates will continue to rise. Regular people will not be able to afford a house and the people with ARM higher interest rates will be flooding the market with foreclosures. Housing prices are going down. Layoffs by the tens of thousands equals broke people.
There are definitely deals in new construction right now in certain markets. Buy homes that are close to being finished in the builders inventory, have them inspected by your own inspector as it finishes, and buy homes with unfinished basements so you can finish it to add equity immediately. Im buying new construction for 350k, finishing the basement and renting it out long term for a decent cash flow and about 80-100k potential profit from the added equity.
so like, you guys are extremely great and I'm thankful for all you do. Can I get each and every one of yall on my podcast? I'll fly to where yall are and do it!
Very fun to see you all together in one spot. I have been listening since the beginning on podcasts and I have to say I am a little surprised by the difference between what I imagined in my mind and what you all look like. Except for Dave, bc his face is all over instagram. This was a fascinating conversation and entertaining as well. I've listen to it about three times already.
My understanding is that the US housing market is unique with the availability of long term fixed rated mortgages which makes housing more affordable. With the recent value appreciation post covid and the increasing interest rates, what does the affordability look like vs. other countries? Is there room in the market for US consumer's to spend more than a third of their pay on housing?
I think interest rates will continue to rise. Regular people will not be able to afford a house and the people with ARM higher interest rates will be flooding the market with foreclosures. Housing prices are going down. Layoffs by the tens of thousands equals broke people.
Guys it's good to see you together and live‼️😊
Omg that David Green cameo was hilarious.
There are definitely deals in new construction right now in certain markets. Buy homes that are close to being finished in the builders inventory, have them inspected by your own inspector as it finishes, and buy homes with unfinished basements so you can finish it to add equity immediately. Im buying new construction for 350k, finishing the basement and renting it out long term for a decent cash flow and about 80-100k potential profit from the added equity.
"If you have anymore problems with my beard... leave me alone" 😂 well said!
I love the red solo cups!! Keeping it REAL
I really enjoy On the Market. Perfect ensemble of experts!
I learn a lot! Congratulations on 82-83 episodes!
Looking forward to many more!
so like, you guys are extremely great and I'm thankful for all you do. Can I get each and every one of yall on my podcast? I'll fly to where yall are and do it!
Very fun to see you all together in one spot. I have been listening since the beginning on podcasts and I have to say I am a little surprised by the difference between what I imagined in my mind and what you all look like. Except for Dave, bc his face is all over instagram. This was a fascinating conversation and entertaining as well. I've listen to it about three times already.
Thanks Henry, for explaining that for a commercial loan the bank may want your deposits form your operating business.
My understanding is that the US housing market is unique with the availability of long term fixed rated mortgages which makes housing more affordable. With the recent value appreciation post covid and the increasing interest rates, what does the affordability look like vs. other countries? Is there room in the market for US consumer's to spend more than a third of their pay on housing?
I love this show I Leatn so muxh.
Jamil you look great now! I love the beard!!
Much love!
Thinking about buying a home and renting it out while i live in my low rent situation and pay it down.
This is closer to reality there are way to many perma bears out there haha
This is my review! Just want to help your Google ratings so you all can keep delivering great content!
Twist the bottle not the cork
I am so confused what the headlines are boom then bust then boom then bust
It gets clicks
What?
I think Kathy is flamin cheetos hot 🔥 (for the record)