Foreclosures Explode 405% (Prices Drop by 90%)

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  • เผยแพร่เมื่อ 2 ต.ค. 2024

ความคิดเห็น • 25

  • @SamMcKinley
    @SamMcKinley 5 หลายเดือนก่อน +2

    Great video as always. You never get comments. Maybe that’s a good thing.

  • @gheechiedan9299
    @gheechiedan9299 5 หลายเดือนก่อน +1

    That 6.5 Million dollar price is an ABSOLUTE STEAL ! I would IMMEDIATELY start converting the top half to Apartments for AIR BNB! I would ALSO RENT out the bottom commercial spots at at least a 25% Discount to EVERYBODY downtown to get immediate cash flow! I know San Francisco very well and the 1 thing that is ALWAYS needed is rental housing at a decent price!

    • @blackrealestatedialogue
      @blackrealestatedialogue  5 หลายเดือนก่อน

      I wonder if it's the type of building where it makes sense to convert to residential. Unfortunately, very few office buildings make sense to convert. We shall see!

  • @SamMcKinley
    @SamMcKinley 5 หลายเดือนก่อน +1

    Congrats Bro!! Negative comments! You made it. lol. Cities or Country both have benefits. Imagine going to a different restaurant every night, top medical care and not having to drive everywhere. However I am in the mood for a smaller city or town close to a large one

    • @blackrealestatedialogue
      @blackrealestatedialogue  5 หลายเดือนก่อน +1

      Lol, thank you. Definitely just made some good points.

  • @Edvardlarose
    @Edvardlarose 5 หลายเดือนก่อน +1

    I was in LA in march for the first time. I was shocked I’m from Brooklyn and the amount of homeless tents is nothing compared to what you see on tv. Plus stores close so early didn’t expect that from a major city

    • @blackrealestatedialogue
      @blackrealestatedialogue  5 หลายเดือนก่อน

      Yeah the homelessness is outta hand out here. I moved from Brooklyn and couldn’t believe it. Very unfortunate and it’s only gotten worse. Hope you enjoyed outside of that!

    • @Edvardlarose
      @Edvardlarose 4 หลายเดือนก่อน +1

      @@blackrealestatedialogue yeah my girlfriend and I went everywhere. I love the weather and cool people

    • @blackrealestatedialogue
      @blackrealestatedialogue  4 หลายเดือนก่อน +1

      @@Edvardlarose weather is def a plus

  • @SamMcKinley
    @SamMcKinley 5 หลายเดือนก่อน +1

    I always comment on your channel. I guess I never said where I am from.

  • @Invest4Cash-Flow
    @Invest4Cash-Flow 5 หลายเดือนก่อน +2

    Prizes won’t decrease significantly since inflation is high economically just not possible

    • @blackrealestatedialogue
      @blackrealestatedialogue  5 หลายเดือนก่อน +1

      For residential or commercial? I think office is toast

    • @Invest4Cash-Flow
      @Invest4Cash-Flow 5 หลายเดือนก่อน +1

      @@blackrealestatedialogue I agree ! Office is and will be even more toasted 🪣

  • @SamMcKinley
    @SamMcKinley 5 หลายเดือนก่อน +1

    I went to San Francisco in 2023 and Los Angeles in 2022. I reside in NYC. Lots of homelessness, people doing and smoking whatever and mental health issues in all three cities. NYC surprisingly gets way more tourists than the others. Where can I pick up a cheap commercial property in SC or GA. Can I call the banks?

    • @blackrealestatedialogue
      @blackrealestatedialogue  5 หลายเดือนก่อน

      Shoutout to NYC my hometown is Brooklyn. Yeah it's definitely wild in some parts of LA and SF. As far as picking those up you may wanna talk to a broker.

    • @thegoober8797
      @thegoober8797 5 หลายเดือนก่อน

      Cities suck, imagine wanting to live in concrete

  • @hugh261
    @hugh261 5 หลายเดือนก่อน +2

    A building selling at a foreclosure auction does not describe the entire market. Click bait.

    • @blackrealestatedialogue
      @blackrealestatedialogue  5 หลายเดือนก่อน +1

      at what point in the video did I say these two buildings represent the whole market? You must not have actually watched the whole video. I shared two stories and gave my opinion as well as context/data around what's happening in the commercial real estate space. if that's click bait then I wasn't aware of the new definition lol.

    • @blackrealestatedialogue
      @blackrealestatedialogue  5 หลายเดือนก่อน +1

      @@Vin-pd7mh I think it's important to understand commercial vs residential. There is no foreclosure crisis coming to residential, the numbers are nowhere near where they were ten years ago.