Oh hey, i have a good woke talking point. Insurance is high, not because of theft claims but rather because of corporate climate denial

Did he say there aren't foreign buyers?.lol

Climate change is so bad that the rich and powerful keep buying land and mansions by the sea.

Nope!

Gavin Newsom has made California a Dumpster Fire!

I can relate to James. I own property in Hawaii. I look forward to buying in Arizona.

Hit 200k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started with 14k in last month 2024

I lost over $70k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Natalie Strayer .

I’m not sure what planet she’s on but she’s delusional about inflation, unemployment, and hair style.

Love the show still but y'all give James way too much shit about having money 😆 He frames problems in percentage to make it relatable. This is a Wealth building related podcast right? 😆 Don't change James!

Awesome interview ❤

You guys are always so awesome full of information . love the podcast all the time every time. Of course listen on KZbin😊

I think it's time to make it more appealing for potential buyers. Real estate can be quite the rollercoaster! the stress and uncertainty are getting to me. I think I'll cut rents to attract potential buyers and exit the market, but i'm at crossroads if to allocate the entire $680k liquidity value to my stock portfolio?

Can I do wholesaling as a non-resident of USA?

I really don't think climates changing is controversial. The reason for the climate change is controversial. Facts show that climates are changing in some areas causing higher insurance rates.

😂James & his "$30mil unrelatable problems."😂 Great seg!

Housing crisis, health crisis, cost of living crisis, debt crisis, inflation crisis, EU war crisis, middle East crisis, bank crisis, retirement crisis. How many crises can a koala bear?

Mortgage rates are currently at an all time high since 2000(23 years) and based on statistics on inflation, we might see that number skyrocket further, a 30-year fixed rate was only 5% this time last year, so do I just keep waiting for a housing crash before buying or redirect my focus to the equity market

Living in Oklahoma here and the housing market here over the last 7-8 years is unlike anything I’ve ever seen. Homes that were bought for $130K in 2015 are now being sold for $590k. I’m talking about tiny, disgusting, poorly built 950 square foot shit boxes in quite mediocre neighborhoods. Then you’ve got Better, average sized homes in nicer neighborhoods that were $300K+ 10 years ago selling for $750k+ now. Wild times.

Now its .5

Correct about Sahm

Government doesn't make anything. But counted in GDP

One thing I've learned from urban planners on KZbin is that urban areas subsidize suburbs. Suburbs lack density and depend on speculative growth to survive. If growing suburbs stop growing, they have trouble funding maintenance on roads, bridges, and government services. If you're in the suburbs for the longer term, be careful.

Undocumented equals illegal ma'am

I moved from Maryland to Alabama because they do not tax your pension. Both my wife and I have government pensions. I was also able to take Maryland money and buy rentals in Alabama

Ohio's ground water might be compromised after that crazy train crash / chemical cancer fire like 3 years ago.

Great information Lady and gentlemen! Thank you I appreciate it. Enjoyed the banter and the information. Let me give credence to Mr. James Dainard analysis. I didn't buy my homes in PHX at the price point that Mr. James Dainard is buying at. But over ten years ago, I purchased four homes in PHX that I still own at a much lower price than Mr. James Dainard purchased his house, but what he is saying is absolutely correct even at a lower price point. There are ~3 summer months were the A/C has to run each year which the utility bill can be offset with a few solar panels. All the best in Scottsdale! Depending on what entertainment you prefer, There's a lot to do in PHX & a lot of events come to phx!

A lot of people have been burned out, flooded out or have their house blown down. They moved because of climate change, not a fear of climate change. Today's host won't buy in flood zone and that should be a clear indicator on their real perspective on climate change.

Florida is a mess. A Tax free state isn’t worth it .

doubt that climate change factors into the thought process of moving. However, political division definitely does. In 2020-2022 we saw leaders harp down on their constituents with demands of do what i say not what i do. If people love their state, they will stay but when the leaders put in yes high costs to feed their government/regulations to feed their government then they will move to a government that is not as offensive. Lack of law and order will cause movement as well, like in the city of st louis, people don't feel safe so not only are residents fleeing but so are the businesses...

I don't know who needs to hear this but the climate is always changing. Al Gore 24 years ago was talking about the end of the planet in 20 years due to "global warming."

A job but do they pay enough to put money in savings, Roth IRA AND/or 401k?🧐

I couldn’t keep listening to this. I have know idea where she is getting her statistics. Probably from KJP.

Well said james, I am in Seattle I made 150 k equity for my renton pre foreclosure

Where's the ny episode at Dave? You mentioned it again!

I suffer not a woman to teach

Landlords are greedy. Government should put them out of business by confiscating all real estate.

If cash flow goes down then those that purchased rentals too high, will sell. That will bring more inventory to the average home buyers and keep cost down. Unfortunately many new "investors landlords" were sold the coaching and ideas that home values never go down (which is a lie since values go up and down, even on the way up long term). So many newbie investors income to debt ratio is too high and they are pricing themselves out of the market rent. If the government leaves it alone, and doesn't lower interest rates ridiculously low and long, the natural process of supply and demand will correct naturally

"Reverse Wholesaling" mitigates all these issues.

I can't listen bullshit, let go off spurious numbers from the government....the party told you to reject the evidence of your eyes and ears, it was their final and most essential command- orwell 1984

I don’t see any contact data for Heather Long? Am I missing it? I would love to follow her on various platforms.

How often do they change the metrics in which they measure the Gdp? I've heard the gdi is a better indicator

You’re about as alarmist as the person who pulls the fire alarm when the smoke detectors already went off due to fire

This chick is obviously voting for scamala. She must really enjoy taxation.

Wages above inflation. When inflation doesnt account for the home or expenses. Had to stop watching after she said that.

In California we have tons of layoffs. I am not sure why she says it's a good time to find a job

Did she say inflation is 3%? Or did I hear it wrong?

@13:50 the idea that the Fed easing rates will help unemployment isn't correct, but understandable why someone would make that claim. Just because congress gave the Fed a dual mandate doesn't mean that is how the financial system works. If anything, lowering rates might have the opposite effect based off prior rate hike cycles.

Everyone’s benefiting have you been to the grocery store or payed insurance or tried to buy a house

I HOPE THE RATES GO UP TO 16% LIKE THE 1980'S !!!!! THEN I CAN PAY SOME DAVE RAMSEY CA$H FOR HOUSES AT LOW PRICES EVEN EASIER !!!! I HATE LOW RATES !!!! THEY INCREASE THE PRICE ON THE HOUSES !!!! LOL !!!!