People come from Mexico and US people complain, then the US people go to Mexico and Mexican people complain. The irony.
@alexrichard843411 сағат бұрын
Apple Card and Apple Savings! I get 2-3% cash back, and it all goes to my Apple Savings account. The cash back plus whatever I throw in my savings compounds at 4.4% APY. So Goldman Sachs is giving me cash back and a great APY return. :)
@Callejeromoments12 сағат бұрын
LA is a lonely city for transplants
@villamizaresteban38812 сағат бұрын
My requirement to wanting to have children is the fall of capitalism
@lianadotjpeg13 сағат бұрын
That first shoebox for $3.3k was criminal.
@BadMannerKorea15 сағат бұрын
His wife? Uh, hate to break it to her, but he ain't straight. It's crazy in 2024 people are still pretending.
@bonecasrelax237615 сағат бұрын
Im 51. Societal pressure was much worst in the past. I was stron to stik with my convictions. Today i own a house mortage payed, travel every year and date at will. For younger people considering this lifestyle, i can tell from my own life - go ahead you will be happy.
@markmcvittie587715 сағат бұрын
Love the videos: Accountant fees for schedule C? I see your point that the passive income is less attractive. Your customers are helping you pay the mortgage and the property is appreciating which is the profit center. Subtract you business expenses from the property appreciation. Now you are smiling.
@MotoMatt41815 сағат бұрын
Still way too expensive. Interesting concept, but I see this tech like the flat screen HD TVs. They were $14,000+ when they first came out, and you obviously see the pricing now for far better TVs. The technology is bound to get way better considering the efficiency of current solar panel energy production is fairly low. Excited to see where this tech is in 5-10 years. It’s still a little early right now.
@moz717315 сағат бұрын
Is this a garnier ad ?
@farstepper879219 сағат бұрын
so in other words selflessness and greed is trending up while love and hope are trending down?
@Christopher-tz3mr19 сағат бұрын
I started as a night stocker for Walmart back in 2002. Was paid 6.50 an hour. Built up capital needed to get a trade job. Now I'm a truck driver. Just needed a living space that didn't bury me. Rent started to shoot up after I obtained my CDL. Rent used to be like $550 in bad neighborhoods. Then, it jumped to $750, $950, $1200. It was nutz!!! Wish my pay jumped up that much.
@teleshyam2620 сағат бұрын
I loved your videos, and I was wondering if I could help you edit your videos, which will save you time.
@home-space21 сағат бұрын
I like your honesty and candor
@carlfenger21 сағат бұрын
I am an ex-US citizen living in Switzerland and I can 100% verify your statement about the costs of US vs. Switzerland over recent years.
@kennethhodge795322 сағат бұрын
In an area notorious for sinkholes, a whole neighborhood of concrete houses is a red flag for me.
@guysumpthin297423 сағат бұрын
Such a treasure ❤❤❤
@OLgoodsКүн бұрын
Servers can get offended and go f themselves. May 10% if prices are not over the top. US has a whole culture around entitlement.
@NeagsКүн бұрын
This isn't really an explanation why the housing market isn't going to crash, moreso 'why is it so hard to get into real estate today'. You left out key factors like inflation, cost of living, credit ratings, mortgage renewals, job losses etc. You didn't even compare to the 2008 crash.
@jthiel0711Күн бұрын
Lost me at $500,000. So much for cheaper housing by doing it all in a factory.
@marioselva2135Күн бұрын
Concrete homes is soo normal in Latin America.. 😅
@212121OmarКүн бұрын
Soo well Explained!👌👌
@melissac8582Күн бұрын
Love this video! Side question- where did you get that white zip-up sweater tank top from? So cute!
@minimoon-bw4syКүн бұрын
I have underdeveloped lower jaw. so my face looks fat even when I have an active ED and eat almost nothing. even when I was in the hospital w a feeding tube, my face looked fat.
@hornz5Күн бұрын
Could you explain why it's a good idea to put the AirBnB under an LLC? Is it for liability issues?
@JQin931Күн бұрын
lol who stopped watching when she said 500k
@imrighturwrong7840Күн бұрын
You must be real stupid to want to move to LA
@brentvance9090Күн бұрын
Why are you doing an LLC and an umbrella insurance policy? Genuine question. Otherwise great video! Love the honesty and transparency
@CraigCastanetКүн бұрын
did she really mean 86 degrees????
@infinitejack2115Күн бұрын
i think she covers her wrists with the long sleeves because she attempted to self delete after owning a airbn-BS
@jtropfenbaum7931Күн бұрын
We need this option of insulated concrete homes out here in western USA !!
@chocov1233Күн бұрын
14:30 - Even if the public isn't made aware, a kid can tell when they're unwanted.
@spaceballs44Күн бұрын
Also the big responsibility and cost. People don’t want to be stuck at home all the time and not having a lot of fun and freedom.
@spaceballs44Күн бұрын
In 50 years there will be far less children in developed countries.
@mackpunch368Күн бұрын
I will not put my unborn child through capitalism and inflation 🙏🙏🙏
@FastProProductions2 күн бұрын
Concrete also works great against the heat of florida, It does not penetrate as easily as wood frame houses much Stronger against wind
@grahamlawlor83612 күн бұрын
Hmm, funny you never mentioned your "ethical issues" when you were buying your place. Only after you failed and lost money did you ever mention your "ethical" qualms. Sour grapes?
@GoddessR02 күн бұрын
Smart.. build it, make the money back and then move in.. ✨
@AnnieinKC2 күн бұрын
I live in Kansas. Look at this week's severe storms nationwide. Tornadoes will knock the heck out of these homes, too. Plus, concrete always cracks when the land settles. That's why they stopped making homes out of concrete. Look at some that are 10 to 20 yrs old.
@meandjjforeva2 күн бұрын
What about a black out? Will it still work?
@brucefreeman52072 күн бұрын
This is a great video and all of your points are spot on, but I'm going to play a little devil's advocate. True cashflow is hard to come by with any type of rental unless you've been in the property for years before the housing boom started and interest rates soared. But there are other benefits beyond cashflow, you're owning an appreciating asset that you get to take depreciation against for your taxes. If you have other income streams, you can write-off some of your taxes if you have material participation in running your rental but this can't be done if you need to hire a property manager. A cost segregation study allows you to accelerate and take bonus depreciation during your first year of operation. Does it take some of your time to run this type of business, absolutely but I am willing to put my time into my own business over putting in my time for someone else.
@saratemp7902 күн бұрын
Well I think there's a problem when you go too high end for Airbnb. So if you bought a cheaper house with a cheaper mortgage, in a cheaper area, you could probably still get a pretty decent nightly rate. And you would have to do the bookings and repairs yourself. Maybe not in California either. And then you would probably get a pretty good profit. It would be more work though. Edit- so like half the price of the house, you can charge half the nightly rate, you might get more bookings because people are usually looking for budget, you might end up ahead.
@DailyStalkerUpdate2 күн бұрын
California is death.
@TVMADoc2 күн бұрын
I've practiced medicine for almost 30 years. Pharm reps, male and female, tend to be far more attractive than the average population, but the female representatives tend to be either highly attractive, amazingly intelligent-or both. There are very few "average" people in this market.
@saratemp7902 күн бұрын
How much could you rent that house for a long term? If you subtract all the taxes, fees and cleaning fees from Airbnb, I wonder how close it would be.
@Outofthelimits2 күн бұрын
Appreciate you keeping it real on pros/ cons, and a balanced perspective on how it could affect local markets
@cwag072 күн бұрын
lol airbnb isn't the only reason housing is insane, but its definitely one of the main contributing factors
@saratemp7902 күн бұрын
Nooo, it's a very minor contributing factor in some spots.
@cwag072 күн бұрын
@@saratemp790 maybe in places like NYC, Miami, Bay Area, where prices are already sky high But there is no doubt it plays a significant factor into overall housing across the country
@saratemp7902 күн бұрын
@@cwag07 most people live in the boring suburbs. I highly doubt there's a bunch of airbnbs taking up that space.
@cwag072 күн бұрын
@@saratemp790 you have no idea how any of this works when the most desirable places are taken by airbnbs, people look to the boring burbs because that is the only place they can afford or has inventory
@saratemp7902 күн бұрын
@@cwag07 yes but most airbnbs are in glamour spots. There might be a few in the suburbs, but I doubt there are many.
@caiphusmkhatshani2 күн бұрын
This is so exceptional ❤
@helicopterk3n7082 күн бұрын
Man Where I Live It’s Damn Near Impossible To Not See Young Girls (15 - 30) Not Pregnant Or With 3 Kids
Пікірлер
Haven't these people read 3 little pigs?
People come from Mexico and US people complain, then the US people go to Mexico and Mexican people complain. The irony.
Apple Card and Apple Savings! I get 2-3% cash back, and it all goes to my Apple Savings account. The cash back plus whatever I throw in my savings compounds at 4.4% APY. So Goldman Sachs is giving me cash back and a great APY return. :)
LA is a lonely city for transplants
My requirement to wanting to have children is the fall of capitalism
That first shoebox for $3.3k was criminal.
His wife? Uh, hate to break it to her, but he ain't straight. It's crazy in 2024 people are still pretending.
Im 51. Societal pressure was much worst in the past. I was stron to stik with my convictions. Today i own a house mortage payed, travel every year and date at will. For younger people considering this lifestyle, i can tell from my own life - go ahead you will be happy.
Love the videos: Accountant fees for schedule C? I see your point that the passive income is less attractive. Your customers are helping you pay the mortgage and the property is appreciating which is the profit center. Subtract you business expenses from the property appreciation. Now you are smiling.
Still way too expensive. Interesting concept, but I see this tech like the flat screen HD TVs. They were $14,000+ when they first came out, and you obviously see the pricing now for far better TVs. The technology is bound to get way better considering the efficiency of current solar panel energy production is fairly low. Excited to see where this tech is in 5-10 years. It’s still a little early right now.
Is this a garnier ad ?
so in other words selflessness and greed is trending up while love and hope are trending down?
I started as a night stocker for Walmart back in 2002. Was paid 6.50 an hour. Built up capital needed to get a trade job. Now I'm a truck driver. Just needed a living space that didn't bury me. Rent started to shoot up after I obtained my CDL. Rent used to be like $550 in bad neighborhoods. Then, it jumped to $750, $950, $1200. It was nutz!!! Wish my pay jumped up that much.
I loved your videos, and I was wondering if I could help you edit your videos, which will save you time.
I like your honesty and candor
I am an ex-US citizen living in Switzerland and I can 100% verify your statement about the costs of US vs. Switzerland over recent years.
In an area notorious for sinkholes, a whole neighborhood of concrete houses is a red flag for me.
Such a treasure ❤❤❤
Servers can get offended and go f themselves. May 10% if prices are not over the top. US has a whole culture around entitlement.
This isn't really an explanation why the housing market isn't going to crash, moreso 'why is it so hard to get into real estate today'. You left out key factors like inflation, cost of living, credit ratings, mortgage renewals, job losses etc. You didn't even compare to the 2008 crash.
Lost me at $500,000. So much for cheaper housing by doing it all in a factory.
Concrete homes is soo normal in Latin America.. 😅
Soo well Explained!👌👌
Love this video! Side question- where did you get that white zip-up sweater tank top from? So cute!
I have underdeveloped lower jaw. so my face looks fat even when I have an active ED and eat almost nothing. even when I was in the hospital w a feeding tube, my face looked fat.
Could you explain why it's a good idea to put the AirBnB under an LLC? Is it for liability issues?
lol who stopped watching when she said 500k
You must be real stupid to want to move to LA
Why are you doing an LLC and an umbrella insurance policy? Genuine question. Otherwise great video! Love the honesty and transparency
did she really mean 86 degrees????
i think she covers her wrists with the long sleeves because she attempted to self delete after owning a airbn-BS
We need this option of insulated concrete homes out here in western USA !!
14:30 - Even if the public isn't made aware, a kid can tell when they're unwanted.
Also the big responsibility and cost. People don’t want to be stuck at home all the time and not having a lot of fun and freedom.
In 50 years there will be far less children in developed countries.
I will not put my unborn child through capitalism and inflation 🙏🙏🙏
Concrete also works great against the heat of florida, It does not penetrate as easily as wood frame houses much Stronger against wind
Hmm, funny you never mentioned your "ethical issues" when you were buying your place. Only after you failed and lost money did you ever mention your "ethical" qualms. Sour grapes?
Smart.. build it, make the money back and then move in.. ✨
I live in Kansas. Look at this week's severe storms nationwide. Tornadoes will knock the heck out of these homes, too. Plus, concrete always cracks when the land settles. That's why they stopped making homes out of concrete. Look at some that are 10 to 20 yrs old.
What about a black out? Will it still work?
This is a great video and all of your points are spot on, but I'm going to play a little devil's advocate. True cashflow is hard to come by with any type of rental unless you've been in the property for years before the housing boom started and interest rates soared. But there are other benefits beyond cashflow, you're owning an appreciating asset that you get to take depreciation against for your taxes. If you have other income streams, you can write-off some of your taxes if you have material participation in running your rental but this can't be done if you need to hire a property manager. A cost segregation study allows you to accelerate and take bonus depreciation during your first year of operation. Does it take some of your time to run this type of business, absolutely but I am willing to put my time into my own business over putting in my time for someone else.
Well I think there's a problem when you go too high end for Airbnb. So if you bought a cheaper house with a cheaper mortgage, in a cheaper area, you could probably still get a pretty decent nightly rate. And you would have to do the bookings and repairs yourself. Maybe not in California either. And then you would probably get a pretty good profit. It would be more work though. Edit- so like half the price of the house, you can charge half the nightly rate, you might get more bookings because people are usually looking for budget, you might end up ahead.
California is death.
I've practiced medicine for almost 30 years. Pharm reps, male and female, tend to be far more attractive than the average population, but the female representatives tend to be either highly attractive, amazingly intelligent-or both. There are very few "average" people in this market.
How much could you rent that house for a long term? If you subtract all the taxes, fees and cleaning fees from Airbnb, I wonder how close it would be.
Appreciate you keeping it real on pros/ cons, and a balanced perspective on how it could affect local markets
lol airbnb isn't the only reason housing is insane, but its definitely one of the main contributing factors
Nooo, it's a very minor contributing factor in some spots.
@@saratemp790 maybe in places like NYC, Miami, Bay Area, where prices are already sky high But there is no doubt it plays a significant factor into overall housing across the country
@@cwag07 most people live in the boring suburbs. I highly doubt there's a bunch of airbnbs taking up that space.
@@saratemp790 you have no idea how any of this works when the most desirable places are taken by airbnbs, people look to the boring burbs because that is the only place they can afford or has inventory
@@cwag07 yes but most airbnbs are in glamour spots. There might be a few in the suburbs, but I doubt there are many.
This is so exceptional ❤
Man Where I Live It’s Damn Near Impossible To Not See Young Girls (15 - 30) Not Pregnant Or With 3 Kids