Join Market Briefs for FREE and get my daily financial newsletter: briefs.co/jaspreet WARNING: LOOKOUT FOR SCAMS IN THE COMMENTS! There are many fake accounts impersonating me, and there are many bots promoting fake/scam investments. I will NEVER ask you to contact me through TH-cam comments, telegram, or WhatsApp. I have a checkmark next to my name and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture!
Don't simply retire from something; have something to retire to. Start saving, keep saving, and stick to investments. Building wealth involves establishing routines, like consistently setting aside funds at regular intervals for smart investments,
It's really heartbreaking to see how inflation and recession impact low-income families. The cost of living keeps rising, and many struggle just to meet basic needs, let alone save or trade. It's a reminder of the importance of finding ways to create financial opportunities. You've helped me a lot sir Jihan! Imagine i traded 50,000 and received 190,500 after 14 days
Jihan Wu Services has really set the standard for others to follow, we love him here in Canada 🇨🇦 as he has been really helpful and changed lots of life's
That’s not true. My market which Cleveland offers turnkey properties around 140k-150k that doesn’t need renovation and is bringing in around $1900-$2000/month. There’s other markets with similar price to rent ratio as well.
I will start buying again this fall and onwards like I did 08-14. Prices will continue to crash as time goes on as foreclosures continue to pile up. I bought 11 houses 08-14, this time I will buy twice that.
I believe that the market is oing to crash soon, I have seen signs that it takes long to sell a house in southern CA. Zillow, Redfin, and other real estate organizations are all biais because they earn commission when a piece of real estate is sold.
I would be careful We are at 2006 give it a year or two and that’s when fun begins when all those overleveraged in RE go bust. I have seen folks who own 30+ homes go completely bankrupt in financial crises..
I don’t think there will be a crash. Rates won’t get much lower and the equity will just slow down and bottom out for a while IMO. If a “crash” come idk people don’t understand that the big companies will just buy most properties
I live in Southern California and for most of the 55 years I have lived here, your cost of buying real estate exceeds what you can rent the property for. People buy here primarily because of the build up of equity. Some investors buy and don't even bother to rent them out. They waiting for the appreciation in the real estate. We get a fair number of international investors that buy and hold California properties. They're often all cash buyers.
There is no housing shortage in the U.S., only a shortage of affordable houses. The number of housing units per capita has never been higher. New home builders have ~9 months of supply. Existing supply is in a general uptrend. Too many houses are still tied up with investors or sellers looking for aspirational asking prices based on previously artificially low rates.
All true. On the flip side, you’ve got 98% of buyers fighting over the same 2% of houses. People want modern houses in desirable condition in desirable metro areas. The houses that aren’t that can be cheap, but it doesn’t matter because nobody wants those.
@ By 98%, you most likely meant the few buyers who can afford current prices and/or borrowing rates. Those few can definitely shop in more exclusive neighborhoods. Judging by rising supply, there will be more houses to choose from down the road.
@@toinengwyn3935 Yes. Only rich or very high income people can buy today. But there’s barely any supply for sale anywhere people want to live. In the past, sellers would just sell at whatever price the market would bear. Today’s seller is a different animal. If they can’t get 2022 prices or better, they simply refuse to sell. Assuming “this time isn’t different”, which no one knows, it is going to take a LONG time for home prices to return to anything reasonable. I say it’s not gonna happen - again, anywhere people want to live as opposed to settle for living in.
Hard to find deals that cash flow. Nothing like it was 3-8 years ago. I’ve got rentals but not buying anymore. The return on investment doesn’t make since
Not to mention all the BS still left over from the pandemic. Crap like the cares act and local changes to eviction rules. Also dealing with a populace that believes that housing is a human right and their entitled to live in your house for free, or learned the inns and outs of the local eviction laws during the 12 - 24 months they got to free load in property courtesy of the moratoriums. Real estate used to be an incredible vehicle to builld wealth, but unless you've already built considerable wealth it no longer makes sense as a wealth building vehicle. Maybe if interest rates come down things might turn around but right now it doesn't look pretty.
True. I did buy one more home (a larger primary townhome, compared to my current one) this year, but it isn’t increasing my cashflow at all; I’m just breaking even but now I have a nicer main home. After that I’m gonna start paying off my townhome rentals one at a time, not buying any more new ones unless the market crashes
The problem is paying all cash. If you have a mortgage or personal loan to buy the property, now you have a monthly payment to factor in and your profit margin is nil. And if you could pay cash, you'd have to buy a dozen of these with cash just to make a living. I love the concept, but you'd need 2.4 million to get set up. If you already have 2.4 million to start with, you're already doing pretty good obviously.
For anybody that thinks that Jaspreet talks about the same thing over and over, let me tell you something if you do your homework and research information in any of the areas that he speaks on (real estate, stock market, etc) then you’re gonna realize that it is all motivation to go and look into all of these investment opportunities and let the people know that it is a long process and not an easy one, unlike the people or media that are always trying to scare people or demotivate them or even worst make them think that their first real estate deal or investing one time on the stock market will make them rich, when reality is you have to invest time and effort into any of these.
Housing crisis, health crisis, financial crisis, cost of living crisis, debt crisis, inflation crisis. How many crises can we endure? As I approach retirement with a solid financial cushion, I'm anxious about a potential banking crisis. Is private equity a good option to grow my money securely?
It can be hard to wrap your head around, right? That’s exactly how I felt before I found MADELEINE HOWELLS . A professional investment advisor. She helped me dive into the world of crypto and stocks with clear strategies and risk management.
The way that there are watch collectors who don’t really like watches and see it as a investment is the way we are with houses right now. People who would have never been in the market for these houses are now bidding them up so they can have a portfolio of properties in towns they don’t live in and locals have to move away or pay higher prices for the same size houses they grew up in.
Ray Dalio says we’re likely to repeat the cycle. The funny thing is, it’s never the exact same. This time maybe AI takes a lot of jobs? But the truth is we won’t see it coming and 8/10 times everything is working fine (you can see that in the historical figures of the market too) and 10/10 times everything works out in the long run. So while it’s seductive to look at the negative (believe me I’ve been there) it’s a better bet to see everything is positive and invest accordingly for the long run. The whole world wants to succeed. Sometimes we get it wrong. All the time it turns out well.
Jaspreet excellent, excellent, excellent. You are insightful, clear, empowering,, resourceful and analytical. Keep the value that your are providing in motion.
Hello Jaspreet Singh, I have been following you for some few days, I have learnt a lot. Pls I need you to always give us your own plan base on your advise
I appreciate the knowledge. You have taught me alot. I have land that I own in a popular town in the south. I am in the process of purchasing a prefab home to rent out. I think it's always a good time to buy property.
If you say housing is already inflated and unaffordable, unless magically our economy does tremendously well and that translates to wage/income increases for those homebuyers, I would say increasing home prices is unstable. Wages need to keep pace with affordability of mortgages and if not, more money spent on mortgage and less on other goods meaning less circulation of money in the economy. The only institution winning are the banks that are getting low rates from the fed yet are refusing to translate that to consumers. But I believe both rates and home prices need to come down together and significantly. We will see a slowdown in the economy if not already has been. It’s just a ticking time bomb
Y’all gotta stop living in these big cities…Houses are really cheap and rent is really high in smaller mid size cities…Midwest and south…I’m cash flowing like crazy
What is so complicated? Real estate prices are determined predominantly by supply and demand. If everyone sits on the sidelines and waits for prices to fall, it is known there is pent up demand, which will ironically put upward pressure on prices. Treat it like anything else, if prices too high just forget it for a year or so and buy something else, like a real asset (not just use non liquid asset).
JUNCTION Business District, South St Elizabeth now the fastest growing town in Jamaica. Serving both tourist and locals alike, welcoming all business investors and shoppers to our new ECO MEGA blocks. Black River, Lovers Leap, Treasure Beach, Appleton Estate, Santa Cruz, Alligator Pond, Holland Bamboo etc.
Who knows? It can go up or down. But what I do know is that when adjusted for inflation, houses are currently considered overpriced by a significant margin, with home prices outpacing inflation by roughly 2.4 times. What it means is that, if house prices had risen at the same rate as inflation, the median house would be around $177,500 instead of the current $431,000, representing a substantial overvaluation. I also don't buy the argument that an interest rate a 7% is historically normal. The reason is that paying 7% on a house that's worth $177,500 instead of $431,000 is a world of difference. And there's another problem. Insurance rates are going up even more. Even car insurance went up. So is real estate a good investment? It all depends. I would say yes in the long run but maybe not right now. Then again. Nobody has crystal balls (no pun intended). We can only run the numbers. And right now they don't make sense.
Real Estate is absolutely garbage! Real Estate equals Real Problems! You must have deep pockets! Taxes, Insurance, attorney fees, court fees, plumbing, electrical, utilities, roofs, HVaC systems, and a ton of other hidden cost, countless trips to the hardware for repairs, hiring the right people! It's definitely a horrible idea to buy Real Estate! VGT/SCHD works best for me! $1.9 million and growing!
I can find some properties in south florida for $200K and rent them for $2,000 a month (not in Miami, but in Broward and Palm Beach counties), but these are old condos and typically have high assessments which eat up the rent.
One quick note, the cash on cash return is a good guideline, but just because you don't hit that benchmark at the time of the purchase (Providing you bought the property cash), it doesn't mean it's not a good deal. it took me about three years to hit that 7% COC return. in many of my properties. Quality of the neighborhood (Prospective economic growth, quality of schools, and services diversity) is number one.
Thank you for your great videos. I am deliberating whether or not to bid on foreclosed home that will sell at auction. The house was built in 2009 looks great on the exterior, looks good inside (from what I could see through the windows) and is in a fantastic neighborhood. If I purchase, I plan to pay cash for the full amount if I can get it at a good price. I believe the opening bid will be approximately 27% below the Redfin estimated. I have worked the numbers on expenses and projected rent. Appreciated the feedback.
10:39 Gold: people don't invest in it for growth or look for it to produce value. It is an inflation hedge, just like the house someone buys to live in.
Basically, he is right. However, it is very difficult to find cash flow positive properties. Especially using managers. Not fond of them. Easier to manage tenants. Just be very selective in finding tenants. The better tenants have better credit scores. I had a very demanding job, was a single parent. But accumulated rentals. Luckily I was able to find properties that were positive cash flow. That is the most important thing! Keep at it and it will snowball. Slowly at first! Good Luck!
Jaspreet give an example of a property investment with 10-20% down instead. Is that kind of investment making sense in this market. Maybe dig into buying commercial property as investment. Thanks
Why make fundrise rich. Buy your own portfolio. For rentals buy and hold - that’s how it’s always been. You don’t need to have an over the top cap rate like 7% or 8% to do that. I have crazy investors ask me that all the time. If I have a property like that - I’m buying it myself not giving it to an unrelated investor. If you buy the property to hold for at least 15+ years lose the high cap rate mentality. Holding the property long term will allow time for appreciation and market dips. If you don’t want direct involvement with real estate then research other REITs. I am a CPA and Realtor. I invest and work with high net worth clients. Some have invested in Fundrise and they could have done better elsewhere.
Just checked my monthly. My escrow increased 25%. Even in nonwhere georgia it's getting pricey. Only positive is that the taxes surpassed what I paid. So I'm coping with the fact if I have to sell I will at least break even with all the money I put in or close to it.
2 years ago my payment went up 92 cents , then the ins /tax increase happened , payment went up 39 a month , while paying extra escro , lessoning the dammage
Hard to find good deals on rentals..i sold one and put the cash to earn interest in my brokerage account..its less money..but stress free...and i feel i sold at a peak in home prices
Yeah, that makes sense when you get properties for 40k. And rent them out for $800 a month a few years back and now can get over 2k a month for them. In this market, I can not find anything worth holding onto. The only way to make money is flipping. Even that is dying down.
Over 80% of new businesses fail, first 2 years are typically unprofitable and you have to deal with employees. Taxes, insurance, and licenses are a hassle and it’s illiquid if you want to sell. I’m good. I’d rather get a 10% annualized return on the s&p 500.
Most people are not aware of the tax write offs rentals open up. RN most of my properties rent for 2.8-3k a month. In actuality I spend maybe 2-5 annually on repairs for each. 5 being on the very high end. You can also use these assets as leverage to buy other properties. And when it comes time to sell, you can 1031 to avoid depreciation and capitol gains. If you have patience, and the Capitol to cover your initial costs, owning property IS the investment. It was much easier 5 years ago to get into the game, but there are still areas in major metros which are untapped, and will be huge in a few years.
Your problem is like most other people, which is you want to get rich quick and there are no short cuts. Starting a business is riskier than rental property and a hell if a lot more work. That 400k yielding 20k/yr will be double that in 10 years and with the minimal effort sounds amazing to me.
REITs are much better. These evaluations right now for high quality and good managed real estate is pretty crazy of you compare it to the trash overvalued propertys you can get on the markets. I will pump into REITs for now. Maybe if the recession hits here in europe i will sweep up some propertys
@@rabidgoon Correct. Bonds were pretty dismal, but actually beat a REIT. I am shock I don't see posts about bonds. I usually put both right next to cash as a loss for any holding for more than 3 years.
Real estate investing is ALWAYS a good time. It just depends on what you want to make out of it and how you do it but at the very least it's a hard asset, not necessarily a liquid one but it is in fact a hard asset to control land.
your example making 1K a month assumes you don't have a mortgage. I mean at 7% interest if you don't have 200K to buy cash it makes absolutely no sense
While aiming for a 7% cash-on-cash return is a sound strategy, do you think this threshold might limit opportunities in high-growth markets where margins are typically thinner?
*real-estate is hyper local. It is a good time to invest when the individual property you are looking at makes a financial roadmap in the direction with your goals.
Dealing with tenants just sounds intolerable to me. Bless those of you who are able to deal with that! I prefer my investments don't come with peoples' problems lol
This is not a good time to buy real estate as it seems we are peaking in bubble territory. Dollar cost averaging into real estate doesn't work as well as it does in stocks, etc. Also, I can use options to hedge stocks and protect my portfolio. There is nothing you can do to hedge real estate
Nope! Cause with an incoming economy crush, stock markets & RE prices will also drop. Since I have an RE portfolio, I will buy & sit into value stocks till the storm weathers down…thank you for your videos!!
Dear Minoriry Mindset, regarding housing shortage ask the feds for land is a bit extreme. All municipalities dispense zoning districts timidly, with discrimination and ignorance and arrogance as well. We are attached to a suburban image of the 1950's: one family detached dwelling with a white picket fence..oh(nearly forgot) and a 2 car garage. The rest of the planet is more careful with their lands and more at ease with density. We should learn from others since our own children cannot afford the place they were born.
This $1000 a mo is if I have no note on the house. Not a good time to invest in Cali due to the fires. Now the moritorium is back. U can’t evict. Taxes and ins are thru the roof.
Whats fucked up is people having to pay land tax for their piece of land that theyve fully paid off. You shouldn't have to but countries want that money
You don’t necessarily need an investment to produce something. Like in your example Apple stock. In the past it was also Nokia stock and then you know what happened… Gold and Land for example don’t produce anything, but they are rare and desired by others. Plus they remain there whatever happens in normal circumstances: they cannot go bankrupt 😂So they are good investments at the right prices..
Im in Victoria in Australia. Real Estate has too many taxes here and is no longer profitable. I have 2 investments qnd a principal residence. No more for me. Im all in on ETFs. And some crypto...
The moral of the clip: Make sure you have some margin in the deal. In the future and with all due respect, do the viewer a favor and just state that at the beginning. Your videos are useful but too much time might be spent on things not relevant to the overall point. Lastly, it would have been helpful to have a bit more detail on how to factor in vacancy. i.e. what percentage of the expenses are in vacancy category.
Join Market Briefs for FREE and get my daily financial newsletter: briefs.co/jaspreet
WARNING: LOOKOUT FOR SCAMS IN THE COMMENTS!
There are many fake accounts impersonating me, and there are many bots promoting fake/scam investments. I will NEVER ask you to contact me through TH-cam comments, telegram, or WhatsApp. I have a checkmark next to my name and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture!
Can you do a bit about manufactures homes and if they are a good investment.
@@Runn_it_up ceap but the dang rising lot rent and manufactured homes depriecieate faster
XAI27K$ and ETH together? Bro, this combo feels unstoppable. 15x is just the start 🚀
Thank you! Random guy on youtube , I have learn a lot from you .
Big shoutout for mentioning XAI27K$ and SUI. These two look like the future to me. Holding both tight!
Don't simply retire from something; have something to retire to. Start saving, keep saving, and stick to investments.
Building wealth involves establishing routines, like consistently setting aside funds at regular intervals for smart investments,
It's really heartbreaking to see how inflation and recession impact low-income families. The cost of living keeps rising, and many struggle just to meet basic needs, let alone save or trade. It's a reminder of the importance of finding ways to create financial opportunities. You've helped me a lot sir Jihan! Imagine i traded 50,000 and received 190,500 after 14 days
Jihan Wu Services has really set the standard for others to follow, we love him here in Canada 🇨🇦 as he has been really helpful and changed lots of life's
Waking up every tenth of each month to £210,000 it’s a blessing to I and my family… Big gratitude to this same Jihan Wu🙌
Jihan demonstrates an excellent understanding of market trends, making well informed decisions that leads to consistent profit
Please how can I get in touch with this coach Jihan Wu ? I really need to give him a try
You said XAI27K$ will 100x in your last vid. Can you share more details? Everyone needs to know!
OMG, your calls are insane! 10% gains last week. Thinking about XAI27K$, SOL, and MATIC now. Thoughts?
You can’t find a property in another state for 200k and rent for $2/mo. And if you did, you’d have to spend like $30-40k in reno.
That’s not true. My market which Cleveland offers turnkey properties around 140k-150k that doesn’t need renovation and is bringing in around $1900-$2000/month. There’s other markets with similar price to rent ratio as well.
I will start buying again this fall and onwards like I did 08-14. Prices will continue to crash as time goes on as foreclosures continue to pile up. I bought 11 houses 08-14, this time I will buy twice that.
Good for you (no sarcasm) that’s awesome lol
What market do you invest in? Do you buy and hold, or do you flip them?
I believe that the market is oing to crash soon, I have seen signs that it takes long to sell a house in southern CA. Zillow, Redfin, and other real estate organizations are all biais because they earn commission when a piece of real estate is sold.
I would be careful We are at 2006 give it a year or two and that’s when fun begins when all those overleveraged in RE go bust. I have seen folks who own 30+ homes go completely bankrupt in financial crises..
I don’t think there will be a crash. Rates won’t get much lower and the equity will just slow down and bottom out for a while IMO. If a “crash” come idk people don’t understand that the big companies will just buy most properties
I live in Southern California and for most of the 55 years I have lived here, your cost of buying real estate exceeds what you can rent the property for. People buy here primarily because of the build up of equity. Some investors buy and don't even bother to rent them out. They waiting for the appreciation in the real estate. We get a fair number of international investors that buy and hold California properties. They're often all cash buyers.
Yup, to receive $2000 per month in rent the house will cost about $500,000
There is no housing shortage in the U.S., only a shortage of affordable houses. The number of housing units per capita has never been higher. New home builders have ~9 months of supply. Existing supply is in a general uptrend. Too many houses are still tied up with investors or sellers looking for aspirational asking prices based on previously artificially low rates.
All true. On the flip side, you’ve got 98% of buyers fighting over the same 2% of houses. People want modern houses in desirable condition in desirable metro areas. The houses that aren’t that can be cheap, but it doesn’t matter because nobody wants those.
@ By 98%, you most likely meant the few buyers who can afford current prices and/or borrowing rates. Those few can definitely shop in more exclusive neighborhoods. Judging by rising supply, there will be more houses to choose from down the road.
@@toinengwyn3935 Yes. Only rich or very high income people can buy today. But there’s barely any supply for sale anywhere people want to live. In the past, sellers would just sell at whatever price the market would bear. Today’s seller is a different animal. If they can’t get 2022 prices or better, they simply refuse to sell. Assuming “this time isn’t different”, which no one knows, it is going to take a LONG time for home prices to return to anything reasonable. I say it’s not gonna happen - again, anywhere people want to live as opposed to settle for living in.
Hard to find deals that cash flow. Nothing like it was 3-8 years ago. I’ve got rentals but not buying anymore. The return on investment doesn’t make since
Increasing insurance and property taxes are making the margins too tight.
@ yep. I’m putting my cash to work in other areas now not real estate. Sucks because real estate was always my long term plan
Not to mention all the BS still left over from the pandemic. Crap like the cares act and local changes to eviction rules. Also dealing with a populace that believes that housing is a human right and their entitled to live in your house for free, or learned the inns and outs of the local eviction laws during the 12 - 24 months they got to free load in property courtesy of the moratoriums. Real estate used to be an incredible vehicle to builld wealth, but unless you've already built considerable wealth it no longer makes sense as a wealth building vehicle. Maybe if interest rates come down things might turn around but right now it doesn't look pretty.
True. I did buy one more home (a larger primary townhome, compared to my current one) this year, but it isn’t increasing my cashflow at all; I’m just breaking even but now I have a nicer main home. After that I’m gonna start paying off my townhome rentals one at a time, not buying any more new ones unless the market crashes
I looked at the cap rates for rentals nearby and they are less than 4%. If you had a mortgage you'd be losing money and a lot.
The problem is paying all cash. If you have a mortgage or personal loan to buy the property, now you have a monthly payment to factor in and your profit margin is nil. And if you could pay cash, you'd have to buy a dozen of these with cash just to make a living. I love the concept, but you'd need 2.4 million to get set up. If you already have 2.4 million to start with, you're already doing pretty good obviously.
Thanks for the advice! Profited 50% last week. Thinking XAI27K$, ETH, and SOL. What’s your take?
For anybody that thinks that Jaspreet talks about the same thing over and over, let me tell you something if you do your homework and research information in any of the areas that he speaks on (real estate, stock market, etc) then you’re gonna realize that it is all motivation to go and look into all of these investment opportunities and let the people know that it is a long process and not an easy one, unlike the people or media that are always trying to scare people or demotivate them or even worst make them think that their first real estate deal or investing one time on the stock market will make them rich, when reality is you have to invest time and effort into any of these.
Housing crisis, health crisis, financial crisis, cost of living crisis, debt crisis, inflation crisis. How many crises can we endure? As I approach retirement with a solid financial cushion, I'm anxious about a potential banking crisis. Is private equity a good option to grow my money securely?
It can be hard to wrap your head around, right? That’s exactly how I felt before I found MADELEINE HOWELLS . A professional investment advisor. She helped me dive into the world of crypto and stocks with clear strategies and risk management.
Safest approach i feel to tackle it is to seek the guidance of an expert
Agreed, investing with the help of an advisor set me up for life. Retired with about $1.6m in stock portfolio only.
@@Dannyshmidt-h9s
Wow that's huge! Would you mind revealing info of your advisor
Any recommendation? I'd like to give the idea a shot
Real estate is local, my area has foreign investors buying cash 1.4 mil and renting it for 5k. Real estate is not for the common person in my area.
What area is that?
I love how straight to the point with all your videos. Thank you so much for your help 🙏🏻
The way that there are watch collectors who don’t really like watches and see it as a investment is the way we are with houses right now. People who would have never been in the market for these houses are now bidding them up so they can have a portfolio of properties in towns they don’t live in and locals have to move away or pay higher prices for the same size houses they grew up in.
Nearly 100 years from the 1929 crash. Are we winding up for an anniversary reality check?
Sometimes, I wonder if all this is cyclical and planned 🤔. Crypto is likely the next big crash.
@@NEILANIL1crypto crashes are normal and expected
Ray Dalio says we’re likely to repeat the cycle. The funny thing is, it’s never the exact same. This time maybe AI takes a lot of jobs? But the truth is we won’t see it coming and 8/10 times everything is working fine (you can see that in the historical figures of the market too) and 10/10 times everything works out in the long run. So while it’s seductive to look at the negative (believe me I’ve been there) it’s a better bet to see everything is positive and invest accordingly for the long run. The whole world wants to succeed. Sometimes we get it wrong. All the time it turns out well.
It definitely feels like it
@@TwitchingHour people do see it coming. It's the masses that don't.
A lot of people are selling their homes because they can't get their rent
Jaspreet excellent, excellent, excellent. You are insightful, clear, empowering,, resourceful and analytical. Keep the value that your are providing in
motion.
“There is a value and price on my time. Value your own time 🙌🏽.
Hello Jaspreet Singh, I have been following you for some few days, I have learnt a lot.
Pls I need you to always give us your own plan base on your advise
“My goal is to stack the cash 💰 flow” 🙌🏽
Thank you. Really interesting insights.
Most of us don't have two hundred k to plop down on a rental Property.
200k is not even enough to purchase a property in some markets.
Thx for the info
I appreciate the knowledge. You have taught me alot. I have land that I own in a popular town in the south. I am in the process of purchasing a prefab home to rent out. I think it's always a good time to buy property.
It’s always good to invest in real estate if you listen to some random guy on TH-cam!
If you say housing is already inflated and unaffordable, unless magically our economy does tremendously well and that translates to wage/income increases for those homebuyers, I would say increasing home prices is unstable. Wages need to keep pace with affordability of mortgages and if not, more money spent on mortgage and less on other goods meaning less circulation of money in the economy. The only institution winning are the banks that are getting low rates from the fed yet are refusing to translate that to consumers. But I believe both rates and home prices need to come down together and significantly. We will see a slowdown in the economy if not already has been. It’s just a ticking time bomb
Great video. Very informative. Now I have to check out other videos on your channel 🤩.
Will homeowners that lost homes in California fire buy homes in other states?
No one’s paying 2k rent for a 200k house…
2k rent is a 400k home.
But if it's a multi unit apartment house... Looking at one now that is in this ballpark
Y’all gotta stop living in these big cities…Houses are really cheap and rent is really high in smaller mid size cities…Midwest and south…I’m cash flowing like crazy
Thanks for sharing her details, can’t miss this opportunity
What is so complicated? Real estate prices are determined predominantly by supply and demand. If everyone sits on the sidelines and waits for prices to fall, it is known there is pent up demand, which will ironically put upward pressure on prices. Treat it like anything else, if prices too high just forget it for a year or so and buy something else, like a real asset (not just use non liquid asset).
Great video 📹 Jaspreet Shukriyaa !!
Maybe it is, but there are ways to invest with far fewer headaches.
JUNCTION Business District, South St Elizabeth now the fastest growing town in Jamaica. Serving both tourist and locals alike, welcoming all business investors and shoppers to our new ECO MEGA blocks. Black River, Lovers Leap, Treasure Beach, Appleton Estate, Santa Cruz, Alligator Pond, Holland Bamboo etc.
it is all about scales. it does not make any sense to hire a property managers in you have 2-4 properties
a steady cash flow world w/o real work is just skimming the collective , i think we're near taped out
Who knows? It can go up or down. But what I do know is that when adjusted for inflation, houses are currently considered overpriced by a significant margin, with home prices outpacing inflation by roughly 2.4 times. What it means is that, if house prices had risen at the same rate as inflation, the median house would be around $177,500 instead of the current $431,000, representing a substantial overvaluation. I also don't buy the argument that an interest rate a 7% is historically normal. The reason is that paying 7% on a house that's worth $177,500 instead of $431,000 is a world of difference. And there's another problem. Insurance rates are going up even more. Even car insurance went up. So is real estate a good investment? It all depends. I would say yes in the long run but maybe not right now. Then again. Nobody has crystal balls (no pun intended). We can only run the numbers. And right now they don't make sense.
Real Estate is absolutely garbage! Real Estate equals Real Problems! You must have deep pockets! Taxes, Insurance, attorney fees, court fees, plumbing, electrical, utilities, roofs, HVaC systems, and a ton of other hidden cost, countless trips to the hardware for repairs, hiring the right people! It's definitely a horrible idea to buy Real Estate! VGT/SCHD works best for me! $1.9 million and growing!
I can find some properties in south florida for $200K and rent them for $2,000 a month (not in Miami, but in Broward and Palm Beach counties), but these are old condos and typically have high assessments which eat up the rent.
What’s some good places /sites to look up for buying property ?
Thanks for sharing!
Prices are going to go up folks and they are never coming back down its a one way thing you either earn more or you dont its on you
Get inflation down to target rates before cutting interest rates
Great video
Is there a part2 lol video cuts out early.
One quick note, the cash on cash return is a good guideline, but just because you don't hit that benchmark at the time of the purchase (Providing you bought the property cash), it doesn't mean it's not a good deal. it took me about three years to hit that 7% COC return. in many of my properties. Quality of the neighborhood (Prospective economic growth, quality of schools, and services diversity) is number one.
Thank you for your great videos. I am deliberating whether or not to bid on foreclosed home that will sell at auction. The house was built in 2009 looks great on the exterior, looks good inside (from what I could see through the windows) and is in a fantastic neighborhood. If I purchase, I plan to pay cash for the full amount if I can get it at a good price. I believe the opening bid will be approximately 27% below the Redfin estimated. I have worked the numbers on expenses and projected rent. Appreciated the feedback.
Bonds?
10:39
Gold: people don't invest in it for growth or look for it to produce value. It is an inflation hedge, just like the house someone buys to live in.
Basically, he is right. However, it is very difficult to find cash flow positive properties. Especially using managers. Not fond of them. Easier to manage tenants. Just be very selective in finding tenants. The better tenants have better credit scores. I had a very demanding job, was a single parent. But accumulated rentals. Luckily I was able to find properties that were positive cash flow. That is the most important thing! Keep at it and it will snowball. Slowly at first! Good Luck!
Jaspreet give an example of a property investment with 10-20% down instead. Is that kind of investment making sense in this market.
Maybe dig into buying commercial property as investment.
Thanks
Would you recommend I remove cash from my Roth IRA to purchases an investment property? If no, please explain.
A random knowledgeable guy on yt lol
Jaspreet, can you do a video on investing in real estate via companies like Fundrise?
Why make fundrise rich. Buy your own portfolio. For rentals buy and hold - that’s how it’s always been. You don’t need to have an over the top cap rate like 7% or 8% to do that. I have crazy investors ask me that all the time. If I have a property like that - I’m buying it myself not giving it to an unrelated investor. If you buy the property to hold for at least 15+ years lose the high cap rate mentality. Holding the property long term will allow time for appreciation and market dips. If you don’t want direct involvement with real estate then research other REITs. I am a CPA and Realtor. I invest and work with high net worth clients. Some have invested in Fundrise and they could have done better elsewhere.
Just checked my monthly. My escrow increased 25%. Even in nonwhere georgia it's getting pricey. Only positive is that the taxes surpassed what I paid. So I'm coping with the fact if I have to sell I will at least break even with all the money I put in or close to it.
Pay attention to rental values. Noted 📝
2 years ago my payment went up 92 cents , then the ins /tax increase happened , payment went up 39 a month , while paying extra escro , lessoning the dammage
Hard to find good deals on rentals..i sold one and put the cash to earn interest in my brokerage account..its less money..but stress free...and i feel i sold at a peak in home prices
Is manufactured home a good investment?
400k invested to make 20k a year. Yeah I'm good, it's not passive either. You could start a business for 40k and get 100% on your investment instead.
Yeah, that makes sense when you get properties for 40k. And rent them out for $800 a month a few years back and now can get over 2k a month for them. In this market, I can not find anything worth holding onto. The only way to make money is flipping. Even that is dying down.
Over 80% of new businesses fail, first 2 years are typically unprofitable and you have to deal with employees. Taxes, insurance, and licenses are a hassle and it’s illiquid if you want to sell. I’m good. I’d rather get a 10% annualized return on the s&p 500.
You can intest 40k to take control of a 400k property that appreciates by 8-12% a year with a medium about of work... that's a good deal
Most people are not aware of the tax write offs rentals open up.
RN most of my properties rent for 2.8-3k a month. In actuality I spend maybe 2-5 annually on repairs for each. 5 being on the very high end.
You can also use these assets as leverage to buy other properties. And when it comes time to sell, you can 1031 to avoid depreciation and capitol gains. If you have patience, and the Capitol to cover your initial costs, owning property IS the investment. It was much easier 5 years ago to get into the game, but there are still areas in major metros which are untapped, and will be huge in a few years.
Your problem is like most other people, which is you want to get rich quick and there are no short cuts. Starting a business is riskier than rental property and a hell if a lot more work. That 400k yielding 20k/yr will be double that in 10 years and with the minimal effort sounds amazing to me.
How are you getting a 4% gain on cash!?
REITs are much better. These evaluations right now for high quality and good managed real estate is pretty crazy of you compare it to the trash overvalued propertys you can get on the markets. I will pump into REITs for now. Maybe if the recession hits here in europe i will sweep up some propertys
What REIT beats the market? Their returns are pretty dismal.
I like a couple reits too but considering a rental partly for the tax breaks.
@@rabidgoon Correct. Bonds were pretty dismal, but actually beat a REIT. I am shock I don't see posts about bonds. I usually put both right next to cash as a loss for any holding for more than 3 years.
Real estate investing is ALWAYS a good time. It just depends on what you want to make out of it and how you do it but at the very least it's a hard asset, not necessarily a liquid one but it is in fact a hard asset to control land.
I have accept hating buying houss as investment. It is too extreme profit oriented and leverage turn to destroy foundation of society " family homr"
Does the President have the ability to remove property tax or make it more affordable for those who plan on staying put?
Are manufactured homes a good investment?
©Flokong and ETH together? Bro, this combo feels unstoppable. 15x is just the start 🚀
your example making 1K a month assumes you don't have a mortgage. I mean at 7% interest if you don't have 200K to buy cash it makes absolutely no sense
While aiming for a 7% cash-on-cash return is a sound strategy, do you think this threshold might limit opportunities in high-growth markets where margins are typically thinner?
a estimate on fixing a " clicking furnace" $2,600 grr rrR
the market isa graduall flexing thing over time
QE is likely the only option to lower long term rates.
80% TURBO 14% XAI505K 2% FLOKI 2%BONK 2%PEPE 🎉
Is there any investment deal with 20% down in 2025?
*real-estate is hyper local. It is a good time to invest when the individual property you are looking at makes a financial roadmap in the direction with your goals.
As long as the numbers make sense, including your CoC, real estate is almost always a yes, at least residential.
takes gold 2 walmart for food , ss sir green money
bought in 06 for $125,000 city says its worth 406,000 now
reality its worth 310
Dealing with tenants just sounds intolerable to me. Bless those of you who are able to deal with that!
I prefer my investments don't come with peoples' problems lol
This is not a good time to buy real estate as it seems we are peaking in bubble territory. Dollar cost averaging into real estate doesn't work as well as it does in stocks, etc. Also, I can use options to hedge stocks and protect my portfolio. There is nothing you can do to hedge real estate
Nope! Cause with an incoming economy crush, stock markets & RE prices will also drop. Since I have an RE portfolio, I will buy & sit into value stocks till the storm weathers down…thank you for your videos!!
Great video! It takes a guy who is really secure in his manhood to wear a pink turban!
High quality video content! ©Flokong 🔥🔥
Big shoutout for mentioning ©Flokong and SUI. These two look like the future to me. Holding both tight!
houses are 4 living not profits , allow flippers and now its 25% more for everyone
Dear Minoriry Mindset, regarding housing shortage ask the feds for land is a bit extreme. All municipalities dispense
zoning districts timidly, with discrimination and ignorance and arrogance as well.
We are attached to a suburban image of the 1950's: one family detached dwelling with a white picket fence..oh(nearly forgot) and a 2 car garage.
The rest of the planet is more careful with their lands and more at ease with density.
We should learn from others since our own children cannot afford the place they were born.
This $1000 a mo is if I have no note on the house. Not a good time to invest in Cali due to the fires. Now the moritorium is back. U can’t evict. Taxes and ins are thru the roof.
Whats fucked up is people having to pay land tax for their piece of land that theyve fully paid off. You shouldn't have to but countries want that money
first the dog, then the car, then the house, but eventually got my ©Flokong
You don’t necessarily need an investment to produce something. Like in your example Apple stock. In the past it was also Nokia stock and then you know what happened…
Gold and Land for example don’t produce anything, but they are rare and desired by others. Plus they remain there whatever happens in normal circumstances: they cannot go bankrupt 😂So they are good investments at the right prices..
Even my grandma asked me to hodl ©Flokong she knows man
Im in Victoria in Australia. Real Estate has too many taxes here and is no longer profitable. I have 2 investments qnd a principal residence. No more for me. Im all in on ETFs. And some crypto...
We’re not buying
The moral of the clip: Make sure you have some margin in the deal. In the future and with all due respect, do the viewer a favor and just state that at the beginning. Your videos are useful but too much time might be spent on things not relevant to the overall point. Lastly, it would have been helpful to have a bit more detail on how to factor in vacancy. i.e. what percentage of the expenses are in vacancy category.
No way! houses are sitting now with small price cuts. going to full on flop