The Worst Houses To Buy As Investment Properties #shorts

[NicholasBall]

Purchasing a home is already a very difficult thing to do, unless you pay cash or don’t get a loan from the government. If only my minimum monthly house payment, over the course of 30 years I’ll pay more than double what my home is worth. I purchased before things got crazy so I got a good interest rate. I couldn’t imagine trying to rent or buy right now.

[bryanmitchem]

Imagine saving up buying a house you’re sitting on your porch and a guy comes and says this house is shit

[ChristopherAbelman]

The home I purchased in 2023 has appreciated by $60, 000 since my acquisition. However, the downside is the diminishing value of the dollar. I am currently contemplating strategies to reinvest $300, 000 in the real estate market.

[MrBerserkinTime]

Tip: To buy a house, you should have done that in 2008 when you were 8 years old.

[Markscott]

While i admire long term investors, I really don't know what to expect. For instance, if i invest 500k what would my portfolio look like in 2030?

[rougeur]

The first step to successful investing is figuring out your goals and risk tolerance either on your own or with the help of a financial professional but is very advisable you make use of a professional like I did. If you get the facts about saving and investing and follow through with an intelligent plan, you should be able to gain financial security over the years and enjoy the benefits of managing your money.

[generosityliveson]

People will have to accept reality that we won't ever return to 3%. If sellers must sell, home prices will have to decline, and lower evaluations will follow. Sure I'm not alone in my chain of thoughts, I look towards the stock market to fuel my FIRE goal at this point.

[footwearXP]

I will say buying a super nice house is a mistake if you plan to rent it, not only because it’s expensive but because upper class people don’t rent… not saying buy a cheap cheap house to rent, but something in a low-middle class area (people making 30-50k per employed member) would be the ideal property because people with that income are more likely to want to rent.

[peacefreedom]

Everyone’s priority isn’t cash flow. Some people are using real estate for the appreciation, or wealth protection.

[Electricity]

Where I live, the price of a house is so high compared to rent. Average rent in my area is 2500, but average monthly payment in area is 6000 per month (includes mortgage, insurance, & taxes). That does not even include the fees like hoa (homeowners association) fees, property management fees, and maintenance fees. Don’t forget the utilities as well. In order for a property to cash flow in my area, you would need 80% down payment.

[sylodui]

So in other words, buy in low income areas where you can raise the rent as high as you like and don’t have to keep the maintenance up and also not have to worry about pushback and wait for gentrification so you can sell high and displace people also with little pushback.

[TherapyKutz]

Stop listening to people marketing in front of rolls Royce’s. If they can get you to believe the flashy stuff came from their knowledge you’ll buy anything they sale. Just find someone DOING what you want to do in your outer ⭕️. They exist you just don’t communicate enough.

[angellkiller]

The last house that he showed remind me of my brother's house in Washington last year he wanted to put it up for sale but it was really thrash and I drove 36 hours to get up there and remodel 2 bathrooms and garage door and other items in 2 weeks while working my other job via the phone.

Although the house originally was originally thrashed with a little bit that I'd done maybe $3, 000 worth of material investment for him the house sold for an extra $70, 000

[kanamekiyru]

I've learned when an advice video has an expensive object(rolls royce) its usally filled with bullshit then a sale attempt at the end to take their course

[CaseyHughes-xbfs]

Never knew trade could be so challenging!
Kept running back to these YouTube videos
to learn more about this your video is indeed hopefully thanks.

[hakanuriona]

America, where housing is seen as a profit making machine rather than a human right ❤

[Cash-FlowBreakfastClub]

One of the best in the business! Solid advice!

[thegrandlevel]

The best house is a dump in a really nice neighborhood.

Often, the city will incentivize you on your journey of getting the eyesore out of their area.

[Ivaneatsdallas]

Hey! Why are you in front of my house? 😭

[dhowto]

Interesting. I was thinking at least one was going to be a good deal. It makes sense.