Wow, a shout out to WNY, Buffalo, and even Syracuse…..and you didn’t mislabel the region as “upstate.” This guy knows what he’s talking about!
@ThatADUGuy
7 ай бұрын
Great stuff guys, thank you!🎉🎉
@BiggMo
8 ай бұрын
Here in the Pacific NW, home prices are not dropping (much). Total fixers, under 1000sq ft, are still over $400k. So people with median income and lower are out of the housing market - and therefore are renters. The flip side is, it’s difficult to find deals to invest in for rentals.
@CoachChadCarson
8 ай бұрын
That makes sense. As long as you have a lot of demand from good jobs and a limited supply (hard to build) I can't see strong markets in the Pacific NW dropping much on price. I think the more interesting trend was rent softening in some markets where apartments have been over built. Austin, TX was one good example. But even that will recover.
@obie1coby
8 ай бұрын
That is the same argument made every year. But unless a seller is in distress, no one is going to choose to sell at a loss.
@Aninebula
6 ай бұрын
Problem is things have never been so expensive so it may happen Inflation is high Fixed income people having insurance go up etc
@laurasamaniego5937
8 ай бұрын
Great information. Thanks so much for sharing your knowledge.
@christopheranderson6931
8 ай бұрын
Given how much rental rates have skyrocketed in the past few years, it's probably not a bad thing that rents slow down in growth for a bit. Regular folks need to be able to afford housing, and we can still make plenty of money from current rent rates as investors. The market will definitely stabilize over time.
@CoachChadCarson
8 ай бұрын
yeah, it doesn't seem like a bad thing to me either. And the markets where rents are cooling off are in formerly hotter markets like Austin, TX where rents skyrocketed before.
@joshlowry5141
4 ай бұрын
When the government puts restrictions on how much you can raise rent each year, landlords will raise the maximum. Would be dumb not to. Ignorant people vote in the opposite of what they think they will accomplish. More government control is very rarely the answer.
@AllNighterHeider
8 ай бұрын
Great stuff Thanks Coach
@maulik.gandhi
8 ай бұрын
Curious to know your thoughts in Wisconsin. We have very low inventory for something which was built after 2000, which is around 1600-2000 sq feet. What are your thoughts of someone is planning to build a house, just for rental purpose, assuming to not have LVP/LVT everywhere, and basic house with basic standard amenities.
@leeroach3381
8 ай бұрын
Very helpful Thank you for sharing
@CoachChadCarson
8 ай бұрын
Glad it was helpful!
@denesbastos2001
7 ай бұрын
I thought rents were already going down year over year nationally. Where ca I find this information reliably?
@athenatong3768
8 ай бұрын
Do you recommend buying with cash or financing?
@CoachChadCarson
8 ай бұрын
Either can work. But if you're still growing, financing probably makes more sense. You can set aside cash in reserve.
@athenatong3768
8 ай бұрын
@@CoachChadCarson or buy with cash now and then take money out of existing paid off properties for future deals when rate comes down? Is that better than financing from the start?
@CoachChadCarson
8 ай бұрын
@@athenatong3768 not a right or wrong answer. But I prefer to pay cash first and refinance later. You can often get better deals. Waiting on bank financing with appraisals, inspections, etc can cost you a deal. It's much easier to refinance when you need it.
@legacyopp9318
8 ай бұрын
You'll pay more for the cash out refi than the conventional purchase loan. Besides if don't have enough to purchase with the cash out, you'll still need a loan anyways
@marybowers6090
8 ай бұрын
Sellers need to lower their prices as they are extremely overinflated. The rate was adjusted down extremely low and that is not the norm. The younger generation thinking it’s going back down so the cycle continuing going up is delusional. The market is in need of a serious correction. Next step sellers will have to start lowering prices to sell.
@DanBelsky_Health_Money_Love
8 ай бұрын
Enjoy your video presentation and your Entreprenurial insights are awesome, would like to contact you to see if we can both profit from this entrepreneurship. Thanks. Dan Belsky
Пікірлер: 23