How to Buy a House with under $20k & Instantly Create $90,500 (Steps For Beginners)

[@MeetKevin]

More tutorials?

[@sophieartmusic]

Yes please. Like forming an llc to protect your assets. Who do you use etc. 😊👍

[@joshblunt7165]

Meet Kevin Please! It’s tricky in an economy like today.

[@bennettwilbert8236]

This video was great!

[@sophieartmusic]

Josh Blunt - there is opportunity in an economy like this. You can buy under market value, lots of senior investors who homes are paid off are cashing out a few properties here and there. I’m in the process of grabbing my second home and so is my boyfriend, and both our homes are below market value. Maybe you should consider other states such as Delaware- Very low taxes and houses from 20,000 to 250,000 depending on what you’re looking for.

[@user-cr1ip1ov4m]

More tutorials like this, yes.

[@ml.133]

I did something similar a few years ago unintentionally. Bought a foreclosure all cash for almost $35K (way below market value and super cheap) to be used as a primary residence, then spent about $26K in materials and 3 months basically redid 80% of the house (husband is a contractor). Lived there for 2 years, moved back to home town so sold the house at around $190K. It gave me the first taste of making money off real estate and I got hooked.

[@DCfreerunner]

Yeah you unintentially hit the market just right too

[@JoseRojasYT]

This guy is literally explaining how to 5X your NET WORTH and taking you through the steps for completely FREE. You are the best Kevin, Cheers. 👏

[@Real.Estate.Report]

Yep, not selling a course just dropping nuggets of gold for free. It’s awesome.

[@basketballgod2791]

We have to use this information now and not let the outside world distract us I have a theory that we won't be able to get free knowledge like this in the future I'm taking control now

[@carmineglitch]

Than do it, I don't want to be in debt with variable interest. I know whats he's asking of my time and money.

[@jbenitez22]

carmineglitch that’s fine, so long as you’re not up to your elbows in bullshit consumer debt.

[@marcelrodriguez2067]

Lmao that might work somewhere cheap but here in nyc good luck 😂

[@DavidMiller-du9dy]

REITs are also a great avenue for building passive income and can help diversify your investment portfolio by holding a different asset class.

[@kelvinjohnson3906]

It truly can bode well for investors seeking higher yield.

[@oliveredwards2793]

The stock market is quite risky, some stocks can be quite volatile.

[@jamesowen9384]

@@oliveredwards2793 That’s exactly why you need to be prepared to ride out market volatility. It may even be an opportunity for you to profit.

[@ethansmith2499]

Ultimately, the best investment is the one that you’re comfortable with, that suits your objectives, and overall portfolio. The stock market has potential for long and short term growth.

[@anneparker4436]

I’ve bought lots of stocks that seems like there’re gonna generate good profits but they always end up performing poorly.

[@Makaveli4725]

I love how much information I recieve each and every time I tune in.

[@onlyhearingthetruth7708]

Every video!

[@ClarsSeesStars]

i literally just did this with a $240k house I bought for $200! Doing the work myself, $10k budget, living in it for a year or so! Also House hacking!

[@alexbob5209]

What's the house value?

[@ClarsSeesStars]

alex bob 240 after fixing it up. I’m still doing the “living in it for a year” part and I didn’t get a huge wedge because I really needed a good school district to put my daughter in.

[@alexbob5209]

@@ClarsSeesStars what area?

[@ClarsSeesStars]

alex bob outside ofAustin, TX

[@alexbob5209]

@@ClarsSeesStars I'm in San Francisco, Ca. I can't buy a house over here yet but I do have enough for a 240k house

[@QuestionEverythingButWHY]

“A banker is a fellow who lends you his umbrella when the sun is shining, but wants it back the minute it begins to rain.” ― Mark Twain

[@MeetKevin]

Fortunately Fannie Mae and Freddie Mac are bankers who lend you their umbrella for 30 years and tell you to keep it after 30 years.

[@MeetKevin]

Rain or shine :P

[@Real.Estate.Report]

A banker aka a bankster

[@notaprogrammer7970]

@@MeetKevin As long as you make the payment on time. Ever hear of The Grapes of Wrath?

[@jedediyahaaronyisrael7118]

NotA Programmer Just as is stipulated in the signed contract.

[@xCreepa]

That Craigslist analogy is pure gold....I will NEVER forget that. Learned more from this channel in just a few short videos than any channel hands down...thanks

[@armintrepic6169]

Buying my first deal within the next 30 days! Just finished the loan application. Duplex for $195K, ARV 300K and net cash flow of $500!

[@valcostescu940]

We need a tutorial for first time buyers in high priced areas like SoCal. Tips and tricks on qualifying for a $600k + home with an average salary?

[@brandotex]

Invest in other states is my thought

[@moonbentley7412]

This video needs to happen

[@rekagran5663]

AGREED

[@unbezo398]

What do you consider an average salary

[@valcostescu940]

The average salary in SoCal is $63,783

[@QuestionEverythingButWHY]

“If we command our wealth, we shall be rich and free. If our wealth commands us, we are poor indeed.” --Edmund Burke

[@clarasteve6114]

hello this is helping hand organisation setup by few individual to help the world due to the pandemic situation going on, without paying noting this program doesnt exclude anyone you can all get support from us between limit of $1000 to $10,0000 email ([e-mail]} you just have to tell us what you need money for please don’t lie about it we have helped more than 200 united citizen successfully we hope to help more citizen of UNITED AND CANADA citizen NOTE:this is legal activities

[@ethanwilliamson782]

stimulus notenough NOTE: no it’s not, this is a scam

[@jeanniedmitruk5955]

@@ethanwilliamson782 NO WE ARE NOT A TRIAL OF $1000 WILL GIVE YOU A PROVE

[@ethanwilliamson782]

Jeannie Dmitruk you’re fucking stupid, no one in their right minds is paying 1000 dollars for a TRIAL, especially when you say it’s to prove it’s not a scam, fuck off

[@eotmanoftheyear]

"Get out there an go build some wealth" LOVE IT!

[@prestonlaw]

Kevin how do you not have over 1 million subs with the constant VALUE you provide?

[@CaseyBurnsInvesting]

Kevin explaining why people ought to listen to him at the beginning of the video feels weird when you’ve been here for years. Haha 😅

[@michaelwilliams7734]

What is your point?

[@TheKayleeanna]

Agreed! 😂 We MeetKevin veteran viewers are like Duh. 😀

[@douglasrush5197]

I know. I thought maybe it was re-uploaded.

[@necihines8042]

Being a noob. Lol

[@CaseyBurnsInvesting]

Michael Williams What is the point of anything? 🤯

[@cryptoflippodcast]

*Making the inital 20k may seem tough at first but there are a lot of ways to make extra money*

[@nxvxskins9109]

thats where im at right now, almost at 10k

[@cryptoflippodcast]

@@nxvxskins9109 congrats! is that just from saving or from side hustles?

[@nxvxskins9109]

@@cryptoflippodcast both! Its been difficult but every dollar I save goes to stocks. My plan is to cash out once I have a sufficient amount for a down payment on a good deal in my area, rent that out then keep investing profits into stocks until the next good deal. Im 29 years old and have made and lost hundreds of thousands of dollars as a professional blackjack player, but not looking to gamble with my life anymore.

[@jamesmcgall70]

Make it easy on yourself. I bought a duplex, moved into one side, and the rent from the other side pays for most if not all of the mortgage. Just be sure to save a decent sized emergency fund.

[@ItsMikeArre]

If u can save 55 a day u can have 20k in a year deliver pizza for a year and u got ur $ u going to tell me u can’t make 55 bucks working a couple of hours ?

[@theMightywooosh]

In 1985 I bought a lot of property and a few houses in the Russian city Pripyat, near Chernobyl, it was a growing town because of the jobs at the nearby nuclear plant...best investment I ever made.

[@alexander6348]

Fantastic video. I wholeheartedly agree with all of this advice. People get surprised when they hear I make ~10 offers a month. Right now in Newark, NJ were closing on our second and third MF property in Newark 11.5% and 12% cash on cash returns respectively. We actually got lucky on one, had a mortgage contingency and offered $310k (ask was $280k). We locked down the deal but the bank only appraised for $280k, built in that wedge by getting extremely lucky! There's also a third illegal unit we are going to legalize in year two with the $ we save. This will bring our COC to %20, might be one of the best deals of my career!

[@lori5946]

Kevin we bought a old house for 9k. My husband does construction. We completely remodeled the house. My goal was to live without a mortgage so I could save my money to make more investments. It also allowed me to travel the country as a travel nurse. So now we want to start flipping houses. I invested in the stockmarket. We started a handyman business for now. I have a mentor to start flipping houses. I love your videos.

[@khristianterzian9628]

Love your videos Kevin! Keep up the in-depth analysis

[@18milton1]

Kevin, I appreciate your videos and I have been an avid watcher (I especially like your Robinhood video on buying a house on margin). Pieces of information I wish my immigrant parent knew to pass on, but I have to attain this information, so I can do for my future kids.

[@Real.Estate.Report]

That’s what it’s all about Christopher... very cool you are building wisdom to pass onto your kids.

[@butterfly-pf8lj]

I like how you organize your topics keven.

[@victoriam.7550]

Love You Kevin. . . Seriously appreciate All of your Efforts to Help folks Become Successful in life. . . Continued Blessings to you and your family. . . 💪💪💪

[@jgg204]

The problem now, is that these fixer-upper homes are selling for as if they are already fixed up. Wedge deals are nearly impossible right now, unless you go off market

[@robertaylor9218]

The last 3 places I rented wouldn’t pass the craigslist test.

[@ecoh9947]

yup

[@zoeroyalty2634]

Do more of these tutorials Kevin I really love them. As a future real estate investor in medical school these educational videos are great to teach us regular folks who want to invest in real estate.

[@Hgkingx]

I need to call you... I'm a local to Ventura county, am a first time home buyer, and waiting for this market to dip in the coming months/year. Was brought here from your video made today about the Fed housing crash.

[@lashun1st]

Thank you Kevin, I gotta re-watch the video , because I'm a little sleepy but it's very helpful/resourceful

[@moneyandplans3959]

This is very helpful. My dream is to get into the real estate business. I made my first flip in my early 20s then life got in the way. Can't wait to get back in there.

[@JarrodSampson]

Love these videos Kevin, you're exploding the minds of the people when you talk about having a game plan for buying a house!

[@VicariouslyVanna]

I've found a foreclosed duplex for 85k, market value is 150k. I need to go check it out but it'd be my first property and I'm nervous.

[@VicariouslyVanna]

David Dez 😂

[@universe969]

No-till Solutions no. Market value and price are different. Market value is estimated worth compared to comp properties given the size of the house, location, amenities, etc. The list price may fall above or below market value, as can the final sale price. Foreclosures / shortsales are commonly sold below market value. Residential sellers commonly overestimate the worth of their home and price it above market value. That’s the whole reason why Lenders hire people to do appraisals and why realtors do Comparative Market Analysis. If price was always market value, there’d be no need for these. Sometimes real properties happen to be priced or sold exactly at market value, but this is not very common. Also, market values are estimates and can differ slightly depending on how the figure was arrived at (The type of appraisal, for instance).

[@christified3]

If anyone is offering advice that adds doubt to your thinking , I would highly reccomend you right it off as a fear mongor. Fear of the unknown ( you could replace unknown with many other labels; failure, loss, abandonment...the list goes on and on) is the energy perpetuating a meeger life. Always pointing the finger at someone else for not having what they want and deserve. So long as they dont step out into new territory they feel safe and secure in what they know and have lived with for years. As long as they dont fail, etc, etc then its someone elses fault for their mediocricity; the rich dont pay taxes, the banks are corrupt, the system is fucked, bla bla bla. So what!!! Embrace the nervousness as a sign that you are transcending limitations, love your nervousness and invite it on the ride, encourage it as you would your child when learning to ride a bike. It feels alone, let it know you are there. Dive in the deep end its fun. Run your numbers and due diligence for the property and dive in girl. If the numbers dont work then look again. But what about coronavirus? What about the economy? Will it rebound? Who knows!!! Who cares? The fear mongor cares but your not one of them. Keep movin forward with the wisdom youve gained and go for it girl. PS these are things I tell myself amidst my own critics so this is for me just as much as it is for you.

[@Grevlain]

@@no-tillsolutions6966 Um...no. Market value is how much someone will pay for it. An empty duplex is cheap. A duplex with two tenants and signed rental contracts sells for much more.

[@mjz187]

Bro how are you gonna post something like that and not update us? :(

[@thebosscb]

Need to post more of these videos

[@adamrhymer878]

Can somebody help explain please? Nobody ever seems to mention having to pay back after the cash out refinance. You now have a bigger payment. And you still have the debt. So how was your network 50,000 when you owe even more in the grand scheme of things? I understand that you have the cash in your pocket and a tenant can pay the rent, but I don’t see how people go about getting approved for the second property while having more debt

[@Isaac2001Ike]

Hey Kevin! I live in Montreal, I’m 19 and the only option I have here is to invest in a condo. Please make a video for people starting off real estate investing in condos/apartments. Great vid btw!

[@wolffenhaus]

True story- my niece and I are talking KZbin channels specifically financial . What's the name we say simultaneously? Meet Kevin.

[@lovelyp8765]

How do you withstand all these mean comments you must have tough skin keep doing you Kevin, me not a comment person but some of these people are. . . Thanks for your postings they are so helpful to many people like me

[@Tim_M_]

Only been following your vids for a few months now, but on track for success - Thanks for all your great advice!!! Keep up the awesome work 💪👍

[@trevorforever1]

God I’ve missed videos like this. Thanks Kevin 🙏

[@justkaizen1392]

This has been my plan. Getting my first place next year. Kevin you just made me super exited. I can’t wait!

[@KweenVybzNRG]

Foundation for anything is important

[@brandonortiz4850]

Once this stimulus is over with I will keep watching for your Stock and real Estate Tips!

[@jadencresser]

1. Poverty level unseen 20% 2. Keep commute under 20 mins 3. Zillow finder for Agent 4. be approvable

[@jadencresser]

3 bed 2 bath or better

[@ShellysMillions]

I really want to make a collaboration video! I have a house that I bought and love but it needs work!!!! I’d love your expertise! Maybe your wife and I could get quotes on repairs and then you could get quotes on repairs and find out if women really get overcharged for repairs. It’s so confusing being a single female home owner...Can I power wash my stucco before I repaint it or not? Everyone tells you something different so I freeze and do nothing...

[@AntwanAhmed]

That first $20k can be tough!! Great video Kevin! I like to make videos about raising capita and saving money for the average person :)

[@studyEMS]

Bro I have been following you since the corona virus started and You are fantastic man!!! I am definitely gonna invest in your real estate classes...thanks for all the info you have put out. Well done 👍🏽

[@JacobRestituto]

I'd love a "taxes" video - maybe two. 1 for real estate 1 for stocks

[@JacobLovett]

We're the same age but his knowledge makes me feel like a small child

[@GeorgeinLakeTahoe]

Much love my boy! Keep winning

[@nigelmcgill4916]

Dude I’m literally in the middle of a scenario just like this!! Buying my first house. Arv is about 220 for the flips. I’m buying at 140k. Gonna put some sweat equity into it. Rent out the other two rooms. Live for free and then cash out refinance. Doing some minor work here and there. I’m so pumped!!

[@alexbob5209]

What city?

[@nigelmcgill4916]

alex bob indianapolis

[@mathieuwhite7087]

Im not a new subscriber, but this is GOLD. Im getting the course as soon as I can

[@michaeld954]

Finally got thorough and approved for unemployment going to get your course

[@unbezo398]

did you get it ?

[@petiqeu]

When houses are at least 500,000 in Sydney Australia and even then the house is in the middle of the anywhere or only has one bedroom

[@veronicavicente4374]

Thanks,Kevin for such valuable information , Wow !🇺🇸

[@Hoodyhoo504]

Love these videos! Please keep them coming!

[@MeetLou]

Help New York is expensive, maybe do a top 10 place's to move to or how to buy real estate in CA and NY places with way higher price points then 200k ...

[@sophieartmusic]

Delaware!

[@sophieartmusic]

Orange County, NY. Such as Chester, NY 10918- cute town with everything an hour 15 mins from city. Plenty to do there.

[@tomChristina143]

Move

[@bperez8656]

How bout stay out of our cities

[@MeetLou]

@@bperez8656 that's not very nice and wdym where are you even from?

[@felixnguyen53]

Haven't watched a video with that much value for a long time.

[@martytrujillo5082]

Kevin you rock and get better and better!! See You on the Mountain on youtube!!! Beekeeping is cool on See you on the mountain!!

[@MrDennymac40]

Unless I’m missing something, don’t you need 50k to make this work?

[@iamshoni]

Great video Kevin!

[@jasonc3028]

Finally kevin more videos of what we want real estate

[@alexg8460]

My income wasnt enough so ive gone into partnerships with 2 other people that have the same mindset were at 4 doors but prices around here are stupid high 30min from the big apple. I come from the way bottom, like seeing crackheads and ho's outside my bedroom window when i was younger. Kevin is speaking the truth do what he says🙌.

[@calebw3864]

Great to see more real estate videos coming out. Stimulus/political stuff is interesting and useful, just a lot when there isn't any other content coming out

[@shawnpatterson5232]

Okay the first thing you do on that house is that you replace the cabinet doors and you can get cheap ones and finishing yourself and put them in and make them look nice number to take up all the floor of the kitchen and you paint the kitchen put a new laminate floor one of the high-end ones and put down okay go to Plumbing run PEX all the way to the house cheapest easiest way and if it freezes it will go back to normal and we'll get a whole then you do the rest of your painting then you get in painting you rip up the old carpet damn you wanted to get sealer seal down all the floor with sealer tour it cuz we're carpets usually are is where there's been orders carpets hold orders can you put new carpet in nutrients from work and basically get ready to flip it

[@danielsolis5922]

Great video bro!!

[@eaglethree1]

So all you have to do is find a home selling for 50% of the neighborhoods normal value and then for 10% of the 50% price (10k in this scenerio, 110k buy price and sell for 195k) fix the 110k home up to a value of 195k. Good luck with that. Not saying this is impossible BUT homes and deals like this never hit the MLS, the agent or agents friends scoop them up, IF they exist at all. its an unrealistic example really., sorry.

[@stephaniemitchell8509]

These guys say to speak to brokers individually, but I always figured the public would have to find these deals at foreclosure auctions for that very reason.

[@Grevlain]

You said "agent's friends scoop them up." I assume that means you are not one of those "friends." Well, that;s your problem. You need to cultivate Agents and get on those lists. But its a VERY good thing most people think its impossible. Limits the competition. This the actual secret rich people keep. Everyone can't be rich, because the riches come from normal people in the form of sales, and rents.

[@eaglethree1]

Grevlain you’re right, one could be one of those friends for sure, but those types of deals are rare, no denying that, and my main point was his scenario is completely unrealistic and I think it’s a disservice to tout like its common. I’ve flipped dozens of homes and own 14 rentals so I’m not talking without experience.

[@TheJavier809]

Finally! We back at this videos🔥🔥👍

[@MiaogisTeas]

Ok, damn I actually got it this time. I've been reading about this stuff for ages but the real estate and finance words are too confusing for me. This one I get. Thanks!

[@2239ism]

KEVIN !! I’m listening- thank you for this information! Much appreciated!

[@DeadTalkLive]

Great clip ♥♥! As a current KZbinr, I am on the lookout for new ideas! Excellent Job!

[@Nguyening_music]

Kevin: "No Partners!" Kevin's wife and kids: crack knuckles*

[@Maliy0204]

Finally! You’re back to your roots on videos

[@nick5965]

Not sure I really understand all of the logistics of the numbers but very informative

[@Thettruthornothing]

Good info! I have to count on the perfection statement. This business is all about reputation, so if you sell something that appears to be beautiful, but it is a nightmare, your reputation could be tarnished. I think your point was that It’s essential to be objective while not sacrificing quality of the asset.

[@davidditommaso7742]

Great advice but what do I do if the average home price in my neighborhood is 1.3million and I'm a first time buyer?

[@jeannettegrondin7190]

I have heard Kevin recommend other you tubers from Canada in past videos. Does anyone know who so I don’t have to rewatch all the videos. Thanks 😊

[@unbezo398]

Let me know if someone gives you that info....I am interested. There are way too many Meet Kevin videos to go through lol

[@5ithofnov159]

how does cash-out refinancing work do you have a video?

[@ajfras3r]

How does this work in an expensive city like Vancouver, BC. Condos are 600k + and houses are 1.2M +

[@thegardencity92]

THANK YOU FOR THIS VIDEO. great tips from an expert

[@ephraimbeachy1399]

Keeping it real!!! 10/10 on the last plug! 😱👏

[@collin.wesley]

It is insane to me that the stimulus videos are getting 3-4x the views of this video. This is gold!

[@blackcatvibing]

Get in and wait, stop waiting to get in. Damn right

[@jorger643]

Bro I love you man thank you so much be blessed🙏

[@BLACKAHTnVEEZY]

Do you test walls for asbestos? We had to completely tear out all walls before moving into our home. Had it air quality tested. They found lead in the old grandma tiling. Our house was a complete do over. Set us back A LOT!

[@Linguinestick6]

Watching this and browsing houses, came across a 150K 2Bd 1 Ba 1,014sq where the rest of the neighborhood is all in the 400-600K range with comparably sized houses. Makes me think twice about this property, but needs more research.

[@sophiapilare2212]

Keep going!

[@tuffguy11505]

Awesome video Kevin! Great breakdown I really enjoyed it. Keep them coming!

[@asadmire3362]

This is very helpfull video i am planning buying my first house.

[@MrDzdevil]

Digging the new qualifications! Thanks brother

[@lisaholley5978]

Thanks for all your videos. You're a wealth of knowledge.

[@francesca.pellegrino]

Also: When searching for a long-term investment, do you consider the potential effects of sea level rise? Where we own our home now, it could be physically under water in 30 years. When we were looking to buy 2 years ago, we recognized that everywhere in South Jersey is going to be at risk for that here. Now that I'm moving to another state, I'm looking at elevations in those areas, because we're worried about sea ice melting. It sounds paranoid, I know. Are those common concerns for other investors?

[@franbryan8072]

That was very informative thanks Kevin!!! Your a great communicator, I really understood the concepts of buying a home and making extra cash in the process.😇

[@davewerner7609]

Except there’s no house for 100k valued at 195

[@melobeezy1380]

You just haven’t found it

[@Grevlain]

Sure there is. But they pop up and get bought really fast. You need to catch them. Foreclosures are a good place to look - and 2021 will be FULL of foreclosures, unfortunately.

[@erin9868]

I'd be interested in hearing your opinions on investing in not-California. Like, in nice suburban areas around mid-size and smaller cities where there isn't really an insane rental market and SFH are the *only* option. And a 2k sqft house is consider smaller and houses don't get "big" until 3500+. How would advise someone to invest in real estate when "never sell it and just rent it" isn't feasible?

[@fredacuneo5180]

I really like your videos.

[@xOBS3SS10NX]

Dude. Thank you for sharing your knowledge. Period.

[@vinnieworks1854]

I kept looking for opportunities nowadays but good deals are hard to find! Housing market is too hot now!

[@LuluLinArt]

Unpopular opinion: you need way more than $10k for repairs. You go in thinking you're only spending 10 and then your insurance company tells you your roof won't cut it and they're gonna drop you. Then after a month your plumbing backs up and you dont know why. Another $10k to fix. And then there are ac and appliance issues...

[@sunlight4169]

Yes 10k is too low. It also seems that to find this kind of undervalued house is like looking for a needle in a haystack to begin with. And if someone is selling undervalue it is distress sale and has not been truly properly maintained which could be a tremendous risk. People fluff off issues as "only cosmetic" but as you peel deeper into the layers of the onion there is probably rot that you will discover as well. Need to be very very careful.

[@LuluLinArt]

@@sunlight4169 there's usually 2 options: 1) it's a great deal and they're going to get a ton of offers so unless they're dumb, they're going to let people start a bidding war. 2) no bidding war because the property is questionable. I've see some properties that seem great in the photos but you go to the site and realize the photos are outdated and they've gutted and abandoned the property.

[@sunlight4169]

@@LuluLinArt Yup, for sure. And with the shortage of inventory now it is even more dicey.

[@FishingwithGreeley]

Kevin: important question: how can you learn trades quickly and so that you’re actually competent?

[@martytrujillo5082]

Bee a nice buyer!! Nice buyers get good deals!!!

[@fernandogomez2749]

Why do new home builders always offer their "preferred lender" with their own home appraisal, and own title company? Is it a scam? If I use their "preferred lender" then they offer to pay upto a certain amount of closing cost, but when I ask if I can use my own lender then they don't offer the closing cost help.

[@speedsavages2872]

Thank you for the good information

[@jmac6973]

These deals are not available in my area, Waco TX. Talked to a lot of people about it and we aren’t seeing anything like this. Even fixer uppers are being sold at high prices!