How to Get Rich in Real Estate the RIGHT Way

[@caseybills5517]

Buying a home is challenging, especially if you're not paying in cash or avoiding a government loan. Even with just the minimum monthly payments on a 30-year mortgage, I’ll end up paying more than twice the value of my home. I was fortunate to buy before the market went wild, so I secured a good interest rate. I can't imagine trying to rent or buy in the current conditions.

[@JamesLongman-v5r]

I hope to own a home some day, not quite long I started investing. I'm very curious already and need help on how to enhance and increase my returns. Any good investment tips will be appreciated.

[@Wellerpage]

The enduring US stock market bull run evokes a mix of fear and excitement, presenting opportunities with insight, resulting in $780k gains in the past ten months, utilizing a portfolio advisor for a well-defined strategy.

[@TylerJamestown]

How do I reach out to one? my assets have been struggling since 2022 and I’ve been holding on by the skin of my teeth.

[@Wellerpage]

Rebecca Nassar Dunne maintains an online presence that can be easily found through a simple search of her name on the internet.

[@BateserJoanne]

I just checked her out on google and I have sent her an email. I hope she gets back to me soon.

[@Raymondcraw1967RaymondCrawley]

Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown. its important to seek the guidance of an expert

[@FaithAndrada-xo9ou]

If you're new to investing or don't have much time, it's best to get advice from an expert. Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience.

[@BrewerVera]

Accurate asset allocation is crucial. Some use hedging or defensive assets in their portfolio for market downturns. Seeking financial advice is vital. This approach has kept me financially secure for over five years, with a return on investment of nearly $1 million.

[@AndersonFair-cy2bb]

I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?

[@BrewerVera]

My CFA ’Rachel Sarah Parrish’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.

[@AndersonFair-cy2bb]

Just ran an online search on her name and came across her websiite; pretty well educated. thank you for sharing.

[@AlexwilliamsC2]

As an lnvesting enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?.

[@Pamala-p1t]

Well as you know bigger risk, bigger results, but such impeccable high-value trades are often carried out by pros.

[@Anitasolomon-u4p]

People dismiss the importance of advisors until they are burned by their own emotions. I remember a couple of summers ago, following my lengthy divorce, I needed a good boost to assist my business stay alive, so I looked for qualified consultants and came across someone with the highest qualifications. She has helped me raise my reserve from $275k to $850k, despite inflation.

[@christainjames]

How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?

[@Anitasolomon-u4p]

NICOLE ANASTASIA PLUMLEE is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.

[@christainjames]

Thank you for this amazing tip. I just looked the name up and wrote her

[@dylanmoris6211]

I advise you to invest in stocks to balance out your real estate, Even the worst recessions offer wonderful buying opportunities in the markets if you're cautious. Volatility can also result in excellent short-term buy and sell opportunities. This is not financial advice, but buy now because cash is definitely not king right now!

[@KelvinWallace]

One strategy for protecting against a recession is to buy equities. Investors, especially during a recession, need to know where and how to put money in order to make money while avoiding inflation.

[@LionTowercoporation]

It has never been easier to understand how to build your money than it is right now, when you may study and experience a completely variegated market passively by employing a successful portfolio-advisor. The impacts of the U.S. dollar's gain or fall on investtments, in my opinion, are complex.

[@williamsbrown4026]

@@LionTowercoporation would greatly appreciate if you could share some information about your financial advisor. I'm also interested in making positive changes to my finances this year, so any insights would be highly valuable to me.

[@LionTowercoporation]

Finding financial advisors like Colleen Janie Towe who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.

[@williamsbrown4026]

@@LionTowercoporation Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.

[@NicholasBall130]

Back in the day, when I purchased my first home to live-in; that was Miami in the early 1990s, first mortgages with rates of 8 to 9% and 9% to 10% were typical. People will have to accept the possibility that we won't ever return to 3%. If sellers must sell, home prices will have to decline, and lower evaluations will follow. Pretty sure I'm not alone in my chain of thoughts.

[@EleanorBaker474]

If anything, it'll get worse. Very soon, affordable housing will no longer be affordable. So anything anyone want to do, I will advise they do it now because the prices today will look like dips tomorrow. Until the Fed clamps down even further, I think we're going to see hysteria due to rampant inflation. You can't halfway rip the band-aid off.

[@StacieBMui]

Home prices will come down eventually, but for now; get your money (as much as you can) out of the housing market and get into the financial markets or gold. The new mortgage rates are crazy, add to that the recession and the fact that mortgage guidelines are getting more difficult. Home prices will need to fall by a minimum of 40% (more like 50%) before the market normalizes. If you are in cross roads or need sincere advise on the best moves to take now its best you seek an independent advisor who knows about the financial markets.

[@StocksWolf752]

Could you kindly elaborate on the advisor's background and qualifications?

[@StacieBMui]

The advisor that guides me is Sonya lee Mitchell, most likely the internet is where to find her basic info, just search her name. She's established.

[@crystalcassandra5597]

I looked up her name online and found her page. I emailed and made an appointment to talk with her. Thanks for the tip.

[@SamanthaRosalie-e2g]

I lost over $80k 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 Brooke Miller.

[@GrozaGroza-ko7fn]

I'm surprised that you just mentioned and recommended Brooke Miller, I met her at a conference in 2018 and we have been working together ever since.

[@fameswap-dq5eo]

The very first time we tried, we invested $1000 and after a week, we received $5500. That really helped us a lot to pay up our bills.

[@anatolyivan]

She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states

[@JohnKenneth-f7w]

I'm new at this, please how can I reach her?

[@norbi147]

I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills

[@queenidowu13]

I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.

[@queenidowu13]

@rachealhubert74 That's actually quite impressive, I could use some Info on your FA, I am looking to make a change on my finances this year as well

[@queenidowu13]

@rachealhubert74 I will give this a look, thanks a bunch for sharing.

[@mmp495]

Queen are you debt free? No mortgage, car payments, etc? Why is your savings dwindling? Wish you the best in 2024.

[@elizabethrenta1701]

Want a change for better? do not vote Demo this Nov 2024. This current govt does NOT represent usa anymore, Theyve sold us out and protect only their greedy rich selves and snobbish rich kids with bad habits.

[@bethanievasquez5944]

Aaaaqqq1

[@03c5z]

Love you Dave. You are right about your points with real estate. However, telling your audience to only buy real estate with cash knocks 99% of people from ever getting started with investment property. You know its a wonderful investment, but your advice keeps your audience away from it. You got burned by being over leveraged with short term debt. That doesnt mean the right answer is no leverage. Having fixed rate 30yr debt in the accumulation phase is completely safe when walking into equity, paying 20-25% down, really strong cash reserves, and maintaining great cashflow. Saving enough cash to buy the first property can take someone 10-20 years. How much appreciation and cashflow was lost? Its not an easy business at all but its good over time with tight management and finances. These people trying to flip for their first deal are playing a dangerous game. 26:22

[@damionwatson1366]

I think his knowledge is probably outdated. Houses aren’t 7k anymore

[@03c5z]

@@damionwatson1366 its the least risky option at the expense of much lower returns on capital or never investing at all. Knowing how to prepare for and control risk are key. Buying real estate with cash is a staying wealthy move, not a getting wealthy move.

[@bigshotadventur18]

😮

[@marcuspezzotti9436]

I’m not sure if you guys actually listen to what he is saying… get a mortgage that you can handle …. Pay off mortgage… be disciplined… pay cash for first rental because you are disciplined…. Then you have steady cash flow with way less risk and it all the cash comes to you and not to mention the thousands and thousands of dollars saved by not paying to the bank.

[@03c5z]

@@marcuspezzotti9436 Im listening and understand 100%. I also understand how long it would take for a person with an average salary to buy a property cash in most markets. Maybe never in areas where property value appreciation exceeds the rate in which someone can save. Sure, paying cash is the safest way to own real estate, but it still carries risk. It should cash flow very well when paid in cash but also look at the total return on capital. In most cases it will be lower than a stock market index fund that requires no hands on management. What upsets me is Dave gives blanket advice to everyone. Its neither right or wrong but very nuianced. Again Dave got burned being highly leveraged while not using long term fixed rate debt. That doesnt mean the right answer is 100% opposite of that. Zero leverage real estate isnt a great wealth builder. The part that many of Daves followers dont understand is that he didnt get incredibly wealthy from non leveraged real estate and mutual funds. He made an incredible amount of money in business. He preserves his money in those assets. Who cares about returns when you have financial freedom many times over? He does a poor job explaining wealth creation vs preservation. Again, I respect Dave but you also have to understand his advice is geared towards people that have had poor money habits. Be honest with yourself. If you are highly compitent and know how to manage risk you can afford to take on some risk. If you have terrible habits and dont understand money well you need to keep things simple and very low risk.

[@SuccessMikeMatthew-gw5uh]

I lost over $80k 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 Charlotte Miller.😊l

[@ambinelson]

The very first time we tried, we invested $1000 and after a week, we received $7500. That really helped us a lot to pay up our bills.

[@WilsonCounty]

After I raised up to 125k trading with her I bought a new House and a car here in the states also paid for my son's surgery Glory to God shalom.

[@HighlightsSerieATIM]

She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states

[@anatolyivan]

I'm new at this, please how can I reach her?

[@mikesnoek]

I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills

[@dropoutandretireearly1781]

When you said "you thought that every house in foreclosure was a good deal" reminds me of what I always say when I teach newbie car dealers that just because your at a car auction they are not all good deals. lol. Great point Dave !!!!!

[@RebeccaGorin]

Amazing. “How to build wealth, do this..”*

[@RebeccaGorin]

the first step to acquire wealth is figuring-out your goals with heIp of a financiaI pIanner, and foIIowing through with lnteIIigent ideas; you will acquire wealth in no time and also enjoy the decision of managing your money...

[@RebeccaGorin]

I had decisions that grew my finances (gathered over 1M in 2yrs) with heIp of my financiaI pIanner. Living the dream, hoping to retire next year...

[@RebeccaGorin]

Whosoever tries this sureIy acquires wealth. Get to her.. ELlZABETH GREEN HUNTS..

[@calcustom5026]

I house hacked my first home as a duplex. The key was to hire a property manager to do everything for the rental. That way the neighbors don't know you are the owner. Costs you 10-20% more, but gives a ton of peace of mind.

[@Toolfanboy27]

I own my current home with no debt, buying my second home and renting the first one to help pay for the 2nd one. First home is a 2022 new construction.

[@Dukaamoses]

I wasn't financial free until my 40’s and I’m still in my 40’s, bought my third house already, earn on a monthly through passive income, and got 4 out of 5 goals, just hope it encourages someone's that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made.

[@Miaisabelle-yk6rd]

yeah investment is the key to sustaining your financial longevity but venturing into any legitimate Investment without a proper guidance of an expert can lead to a great loss too

[@StephanieQuake]

wanted to trade, but I got discouraged with the market price fluctuations

[@StephanieQuake]

Can you recommend a guide for me?

[@Edinkrama]

How's He contacted. I really need his assistance

[@Edinkrama]

Can anyone please assist?

[@ericnewman6523]

Got 3 properties interest rates below 3% I’m not paying off those properties but if I buy any at these rates today I would pay it off quickly. The key is to have cash on hand to cover emergency situations. Keep 10-15k per property is a very safe way to manage the properties.

[@javierlimonponce2074]

How do you get to have 3 properties? Must be cool.

[@ericnewman6523]

@@javierlimonponce2074 I buy one house, live in it for a while, usually 2 years then rent it out when I Buy a new one.

[@grabthemappodcast]

Building wealth through real estate takes time. Rushing into investments without proper preparation can lead to financial setbacks. Patience and careful planning are key to successful real estate investing.

[@gillyrealestate]

Imagine having to save $5,000 each month for two years to buy a house for $120,000 in cash. After those two years, you manage to cash flow $1,200 a month (if you’re lucky), but then you need another two years to save enough to buy a second house for $156,000 due to rising prices. This means you have to eat rice and beans, skip vacations, and avoid eating out to save $5,000 a month. It takes you four years to buy just two properties. Do the math: how long would it take to get your investment of $276,000 back with a cash flow of $2,200 a month? No thanks, that's too risky for me! I'd rather learn how to use debt to buy my rentals and keep my cash for liquidity and emergencies. Remember, lack of knowledge is what makes an investment risky, not debt.

[@Dividendflywheel]

Some investors use debt. Dave did that before. And he got $4 million worth of real estate foreclosed. • What happens during the next 16:40 pramlademick”? • Purse your path doesn’t negate a slower pace

[@nanawav]

We talking generational wealth you talking Short time wealth ! We not the same.

[@RGrif1224]

Your not mentioning beyond the cash flow there is property appreciation and owning the house in an LLC to get all the benefits of business deductions. Real Estate shouldn't be the only investment but it shouldn't be slept on either.

[@loganwaldron7108]

He fixed and flipped for 4 years which is probably part of plan in buying long term. I can only imagine how much he bundled together it was probably a lot. Also feeding index funds etc. he was probably buying multiple properties cash a year. If you can get the passive rental income to 10k plus then you’re doing well.

[@TaggeGust]

I lost over $80k 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 Charlotte Miller.

[@masterotrunks]

Since meeting Expert Charlotte , I now agree that with an expert managing your portfolio, the rate of profit is high, with less risk.

[@ValentinAntonio-wo3vb]

I agree with you. I'm not here to converse for her but to testify just for what I'm sure of, she's trust worthy and best option ever seen..

[@SamanthaRosalie-e2g]

She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states

[@GrozaGroza-ko7fn]

I'm new at this, please how can I reach her?

[@marthasteward0]

Really you people know her? I was even thinking that I'm the only one she has helped walk through the fears and falls of trading

[@rebekahsommers4744]

I could listen to Dave talk about real estate for hours!!! So much wisdom. Thanks for making all the mistakes so I don't have to, Dave. Lol

[@daily_lyfe]

"The idiots on tic-tac!" - Dave Ramsey 2023 🤣🤣🤣 Never change Dave, never change.

[@Billcornhole]

8:40 Uncle G. 😂

[@Juliedonald559]

Asking a real estate agent if you should buy a home right now is like asking an alcholic if they think you should have a drink, lol. Homes in my neighborhood that cost around $450k in sales as 2019 are now going for $800 - $900k. Every seller in my neighborhood is currently making a $350k profit. Simply unreal. In all honesty, deflation is what we require. The other option is for many people to go bankrupt, which would also be bad for the economy . That is the only way to return to normal.

[@Alexywealth]

Home prices will come down eventually, but for now, it is best to offset some of your real estate investments and get into the financial markets or gold. The new mortgage rates are crazy, add to that the recession and the fact that mortgage guidelines are getting more difficult. Home prices will need to fall by a minimum of 40% (more like 50%) before the market normalizes. If you are in cross roads or need sincere advise on the best moves to take now it's best you seek an independent advisor who knows about the financial market.

[@Champ963]

I can relate to that. When I began working with a fiduciary financial counselor, my advantages were certain in these circumstances, I would always advise getting professional help so they could help you through choppy markets and just give indicators and strategies for knowing when to enter and exit the market.

[@edwu6169]

Impressive can you share more info?

[@Champ963]

"Bianca Harley Doran" I'd suggest you research her further on your browser.

[@edwu6169]

Very much appreciated, I ran a Google search and came across her Website. Thank you for sharing.

[@chrishall2594]

I love listening to people who have tried, failed, sweated, and succeeded. The only people you should consider listening to.

[@dropoutandretireearly1781]

At 16:04 You said that you start stacking up cash like a bandit !!!! LOL !!!!! LOVE THAT !!!! Im there now !!!! And thanks for your help getting me there !!!! Now that my wife and I have 6 100% debt free houses IM FREAKING SHOCKED AT HOW FAST WERE ALMOST SAVED UP FRO THE NEXT ONE !!!! LOL !!!! ITS FREAKING CRAZY FAST !!!! THE CA$H FLOW IS INCREDIBLE NOW THAT WERE DEBT FREE DAVE !!!!

[@chaddean2673]

May I ask how you managed to save up to buy a house in cash? normal houses are 250,000 now and that would take me years to save up to hit.

[@brookeh2017]

We just bought a house cash for 100k in buffalo ny. 3 unit. Needs 25k in renovation that we will do. We were able to save up because we paid off our mortgage as fast as we could. Takes alot of dedication.

[@PhilCraig-vx3up]

As a newbie that wants to invest, you must have these three things in mind 1. Have a long term mindset. 2. Be willing to take risk. 3. Be careful on money usage, if you're not spending to earn back, then stop spending. 4. Never claim to know - Ask questions and it's best you work with a financial advisor.

[@Alexibawendi]

I'm favoured financially, Thank you Jesus $32,000 weekly profit regardless of how bad it gets on the economy.

[@Alexibawendi]

Thanks to Mrs Maria Davis.

[@Alexibawendi]

She's a licensed broker here in the states

[@NickAnthony322]

YES!!! That's exactly her name (Maria Davis) so many people have recommended highly about her and am just starting with her 😊 from Brisbane Australia🇦🇺

[@GarryBenson1]

I'm surprised that this name is being mentioned here, I stumbled upon one of her clients testimony on CNBC news last week.

[@musicjunk8266]

I think what Dave is saying is this: Real estate is just for storing your cash. The real investing you need to make is in your career or in your business. That’s where you’ll get the cash to build your real estate empire.

[@GravityBar231]

Yes, combined with living far below your means.

[@gamyp843]

Your effort is not wasted my man I'm 25 and I appreciate all the videos you make they truly make a difference for people like me

[@DonJon-m2f]

Same I’m 20 this is great to hear especially when everyone’s getting rich off selling shit corses an becoming “profitable” day traders 😂

[@zachrat9083]

@@DonJon-m2f I am 8 years old and this really hits hard

[@tfl4963]

And me too in my early 5th floor

[@intuitive_duck]

That’s such an underrated point in owning the rental property outright. You can be gracious in times of need because you don’t depend on that money to pay your bills.

[@jerrywilliamson2040]

You can also be very selective in who you rent to because you aren't nervous about filling it.

[@rrrrrfffff]

​@@jerrywilliamson2040 Even being selective isn't fool proof. Many people during the pandemic lost their jobs, good hard working dependable people, that out of nowhere couldn't make their rent payments.

[@rishibhaskara7238]

I get the element of minimising risk, and that Dave has suffered at the hands of it, but its also a huge opportunity missed on leveraging the debt Dave has this huge income from the Ramsey show and everything else he does, so it's easy enough for him to have such a substantial debt-free portfolio. Let's say i was in a position to put aside £1000/month towards a rental (which I think is more than most). How long will that take for me to buy a £80,000 house with cash? Including fees and refurbishment cost, it would take about 90 months (7.5 years!) And there's a very good chance that same house will be worth about 120k by the time the 7.5 years elapse!! Instead, I could save for 2.5 years to make up ~30k, get a mortgage on it, have inflation erode the debt and start making an income...and thats not even considering raising finance etc.

[@lyceum4177]

​@@rishibhaskara7238That's smart. Don't let Dave discourage you about mortgaging rentals. It's worked for my husband and me! Bought them in foreclosure, 5% down at courthouse, then off to get mortgages. Rent them. Tenants DO pay your mortgage. It works, folks.

[@mattsonwardy12]

Timing is everything. And that time would be, not now.

[@dachicagoan8185]

The time to get involved in the market was from 2010 to 2018. Prices, interest rates, and inflation rates were low. To try to get involved in the market now is insane.

[@singingwindrider9881]

Things are only going to get worse. 😐

[@InvestingwithBishop]

Nahh there are deals in any market!

[@fortunino]

I think it's time to make it more appealing for potential buyers. the stress and uncertainty are getting to me. I think I'll cut rents to attract potential buyers and exit the market, Essentially why i'm at large for exit measures with my $500k liquidity

[@sommersalt88]

"Overall, buyers hold a lot of the cards right now, and sellers are having to give out more concessions to close a deal." All the best, I am proposing cashing in, walking away and renting while putting the rest in the stock market.

[@amandabellz4056]

Just because there are opportunities in the other markets does not mean you should dive in headfirst, if you're unsure if to remain in the housing market i suggest you consult a professional just like i did before making any move, That's how i've been able to stay afloat for almost 5 years with proper portfolio allocation earning about $1m in investment returns

[@gagnepaingilly]

@amandabellz4056 wow!! massive gains! my partner recently hinted on going same direction.. what did you invest in, and who is your CFP please, if you don’t mind me asking? in dire need of asset allocation

[@amandabellz4056]

Can't divulge much but 'Monica Selena Park' deserves credit for my investing success as one of the finest financial planners out there, you should be able to locate her online if you are internet-savvy

[@84gaynor]

thanks for sharing, after scrolling a bit i spotted her site just after curiously inputting her full name on my browser, she replied to my inquiry and we were able to schedule for an introductory business call. I find her highly qualified

[@m.b5777]

Over the past 20 years gold has appreciated. 400% and real estate has appreciated 200%. You don't have to deal with tenants when you own gold And no property taxes

[@PeaShooter1997]

Dave is a blessing to America, thank you so much.

[@RayNagin504]

TRUMP?

[@PeaShooter1997]

@@RayNagin504 ya mama

[@Esmeraldalunamaria]

Inspired content!! You can only remain in ruins when you live above your possibilities, spend less and invest more. Don't be in a quick to forget that liabilities feed on you while actives feed you. Start an investment and save your future. Crypto investment is a very good idea.

[@Antoniopedro7624]

I agree with you. Investment is the key to sustaining your financial longevity, and not just any investment but an investment with guaranteed return.

[@Danisbourdier]

I used to have a senior colleague at work who lived well but never had an investment, unfortunately his job was terminated so he went from living well to surviving with his family. If you had invested while you were still working, you would have had another source of income.

[@Danisbourdier]

Investing is a prior decision to make for the future. If you are looking at this and don't have an investment, please make plans to invest so you don't end up like my colleague at work.

[@Moniquewilson.]

Quite impressive but HOW!!?😊 I know it's possible, my colleague at work got her first investment return of $57K after two weeks and she quit the job, I would appreciate if you show me how to go about it.

[@Danisbourdier]

My first experience with Mrs Theresa Cann gave me the assurance and confidence that has made me to invest without fear of losing, I really appreciate her efforts and transparency.

[@GeeLee1957]

Married with 2 kids in 2010 I was 53 and still struggling to save money for retirement. I got an inheritance of $350k in 2011 and used it to purchased 2 homes for $800k to rent out. I retired in 2022 and sold both homes for $2.6 million. I did live in Vancouver Canada but moved to a small town to enjoy my retirement.

[@Assertiveman]

Everyone wants to get in restate but don't even know how a house or property is built maybe do research that first so you can get to do estimates knowledge is free And you can really use it to your advantage to quick estimating

[@christopheraquino4711]

tic tac .. lol, listening to Dave give me a push to do better in my budgeting and putting more money in my retirement.

[@R7christiano]

Christopher i have a direct mandate to investors whom seeks possible funding and capital financing, for new business opportunities real estate and projects. 0:01

[@shidderboy]

Jade,”wow… okay… mhmm… right… mhmm… oh no… yeah… mhmm… oh my gosh…. Wait…. Yeah…. Yeah… mhmm… I know that’s right Dave!”

[@frederickalexandermeade4054]

She’s incredibly annoying. She thinks she has to be heard at all times. He needs to remove her from the show. She is annoying.

[@_orange_coffee_]

@@frederickalexandermeade4054are you okay?

[@AK-47ISTHEWAY]

​@frederickalexandermeade4054 I couldn't agree with you more. Probably the most annoying staff member he has.

[@drewjohnston7]

I like her, I think she adds good points. Of course Dave is going to talk more, its his show, she is like a sidekick.

[@TheFirstRealChewy]

Our grand debut into real estate went badly. If it can go wrong it will go wrong had never been more real. Vacancies, repairs, tenant not paying, tenant intentionally destroying the house, unable to evict tenant due to city rules, contractors lying, contractors taking money, police being called, illegal stuff going down, OMG, the list goes on.😱 When we finally sold the property we were excited. Yes, you can buy and rent a house but things don't always go as planned. To say we learned a lot is an understatement.

[@jacobyatako]

I have 8 properties and 19 tenants that I self manage. Most of those items can be avoided if you buy the right property and have good management systems. I've NEVER had to evict anyone... Yet

[@johnmcdonnell4216]

And they keep asking you to let them have dogs in the house

[@jacobyatako]

@@johnmcdonnell4216 dogs usually do less damage than children 😆

[@ShephardInvestments-o9z]

Real estate has been and still is the greatest wealth builder of all. I invest in multifamily properties that don't require a lot of cash to get in, and leverage seller financing. The passive income is incredible, and the equity increases month over month. Best investment ever!

[@AustinSamuel-dz5tw]

I just sold two real estate properties for a total sum of $800k. I planned on purchasing a new house next year, the cash is just sitting in my savings account. What do you recommend i do? I will appreciate any suggestions.

[@joshikyra]

Certain stocks and commodities are a good hedge againts inflation, however you need to know what exactly you're doing or better still, seek help from a money coach/invt- adviso

[@NatashaZoe]

I want to be financially free, I have 3 jobs and I'm struggling to pay bills along with my moms medical bills. I heard about forex a little while ago and was really interested and wanted to get into for the longest but I never had someone who could help. Can I get your coach contact? I'm in need of an assistance

[@LauraFoster_]

​@kathynora-xu9stHOW!! I know it's possible, I would appreciate it you show me how to go about it

[@Alicia-Tucker]

CAMILLE ANNE HECTOR is the key in beating all odds to excel in this form of online commodity. Her management team is quite impressive so far! With SUK made a profit of over 28,863 dollar weekly.

[@LisaRomero.]

​@kathynora-xu9stPlease do you mind sharing any means of reaching out to her easily?

[@AugustusMcMillan]

Dave gives us a lot of numbers. the amt of real estate he had at 23. how mnay millions hes spending to build the new building now. the numbers ive never heard are immediately after he went broke. he said he vowed never to take a loan. just curious what he was doing for income then. how much was his personal residence he paid cash for and how long did it take to save it. how much was his first rental he paid cash for. and how long it took to save for it. how much he was renting that for. and how long did it take to buy the next for cash. that would be interesting. if its in one of his books, id buy it.

[@R7christiano]

Augustus i have a direct mandate to investors whom seeks possible funding and capital financing, for new business opportunities and projects. 0:01

[@NoName-jm4ev]

I agree with you in this one, i used to own real estate and still do, my house is paid off. Even if I said all of my money up to this point, is still would not have saved enough cash to buy my own house now for cash. Second, I do not believe for one second that Dave did not use loans. It's financially and physically impossible for Dave to save that cash after going bankrupt. Dave always claims that he own hundreds of millions of dollars worth of real estate. Let's do some numbers. Let's say that Dave owns 100 million dollars in paid off real estate. That means that after he went bankrupt, for the last 40 years he would have to be making $1,200 dollars an hour and saved every penny for the past 40 years. I don't know a single person right now who is not a billionaire that makes $1,200 an hour. I am not saying Dave doesn't own the real estate and that he doesn't know what he is talking about but he is not giving a full story. I to would like to hear that story and those numbers.

[@aojfewoj4]

@@NoName-jm4ev What Dave conveniently "forgets" to mention is that he has hundreds of millions of dollars of real estate which he bought by selling a billion books and operating a multi-billion dollar company. There is no way a regular John Doe is going to save a million dollars a MONTH and accumulate several hundred million dollars of paid off real estate.

[@santoniop5618]

I can answer part of your question. He started making money from the radio after he went broke and doing debt free seminars and then that grew to him writing books and creating the company around financial peace

[@ToughWitty]

25:47 those foreclosures/ subject too s they can call those loans at any time under the terms 27:22

[@michaelc8179]

"I don't do crap like this if my wife doesn't feel good about. I lose money if i do." Amazing way to finish. LoL

[@joanharder2124]

Sobering! I don’t agree with everything yet I appreciate and respect solid foundation principles. Former (and believer) Financial Coach, accountant, and real estate agent and investor.

[@leomarinjembi2728]

Thankyou Dave for your great advice on real estate talk, I am 37 years of age and from Papua New Guinea. After watching your program on real estate talk, as I am going to own a first primary home two years' time , so what's your advice to start investing in real estate. Thankyou.

[@leeaaron7856]

This video provides the most valuable advice in property investment. Most of the videos out there would be advocating using the bank's money to buy property without using your own.

[@jgehbinv]

So we are talking pay all cash and not taking out a loan for purchasing a home to flip or rent?

[@savemoney4058]

@@R7christiano aka i am a scammer!

[@yesica2344]

Majority of people can't save the full amount of the cost of the house, they need a loan to do that. What he is saying is very hard to do.

[@hildamiller-3816]

My first flip 2015 made $29k after expenses

[@hildamiller-3816]

The highest flip i made in 2021, was $100k after expenses.

[@StopSnatchin]

Tic tac 😂😂😂😂😂😂😂😂 It cracks me up every time 😂😂😂😂💀💀💀💀💀💀💀💀💀

[@WewLaddie]

My stupid kid brain too busy playing with Legos in 2009 instead of investing in distressed properties smh!

[@ebonylo.]

Right! I should've dropped out of high school and did investments

[@davispain155-gmail]

Love this! Investing should be and is simple and sets us up so well for the future!

[@AdonisEvander]

My partner’s been considering going the same route, could you share more info please on the advisor that guides you?@Yiannise42

[@sebastiancortez8870]

This may be my favorite Ramsey video ever!

[@R7christiano]

Sebastian i have a direct mandate to investors whom seeks possible funding and capital financing, for new business opportunities real estate and projects. 0:01

[@Robert-pq3sb]

The only thing that Ramsey's idea of cash only houses does not consider is where do I live whilst I save up? Obvious answer is to live with parents but what if that is not possible due to having a job else where or maybe not having enough space for you or you and your partner. At that point you are forced to rent, and most people would rather get a morgage with lower monthly payments then the rent whilst removing themselves from the renting cycle and whilst gaining equity. I would really like a reply to this as this is a major issue here in the UK and I could imagine in the US.

[@daryls7656]

I bought my house on a hud auction, paid cash, never had a house payment again.

[@jasonjosephlee]

Investing in Real Estate is the best thing we can do. I started investing a few years ago and now I own over 100 units. Adding value to multifamily properties was how I got started. I recommend everyone to buy rental units, it will set you up for financial freedom quite fast.

[@eddierobles2137]

That’s awesome . Congratulations . Would you mind sharing how you went about to acquire those your rentals . Thank you

[@AlanaReynolds_RealEstate]

I wonder what Dave Ramsey would say about my investment strategies. "Just stupid!" 😅 0 down VA loans, rehab and rent the home after living there a year. Have 2 properties renting out, 6 doors. Combined, my husband and I are in debt over 1 million including our current primary. But we can put 5k in savings every month and we are in our 20s. I have mixed feelings on the Dave Ramsey method. bigger pockets podcast is where I pick up a lot of real estate investing methods.

[@amberbiggs]

It makes sense to pay off primary residence in full before investing in more real estate if you are in a low cost of living area, but how would this work for those in areas where houses cost at least 500k+?

[@marcelrodriguez2067]

If my parents took daves advice on buying a house cash they will still not own any house right now 😂 they bought a multi family in 2007 and it took almost 40% of their combined income to pay that mortgage. Many years later and its paid off and worth 3x what they paid for.

[@investing.made.simple.as123]

Thank You!!!

[@drphilsbarber4513]

Went into millions of debt doing real estate hoping to make it all back pray for ya boy

[@Javier_Rodri]

Recently my wife and I just sold two real estate properties for a total sum of $800k. We plan to purchase a new house next year, the cash is just sitting in our joint savings account What do you recommend we do? I will appreciate any suggestions.

[@clintscott3300]

Certain stocks and commodities are a good hedge against inflation, however you need to know what the heck you're doing or better still, seek help from a money coach/invt-advisor.

[@_davidturner]

Concurred. was way easier for me to navigate the markets not until 2020 stock market crash, I had to source for a portfolio-coach to revamp my entire portfolio and hedge against inflation. Concisely, I’ve pulled off around $850k after subsequent investments, since using a coach two years and counting.

[@Javier_Rodri]

This is huge can you be kind enough with info on the coach that guides you please? I’m in dire need of one as I approach retirement

[@_davidturner]

I take guidance from Monica Mary Strigle, you can search the internet for her basic info. She is often consulted via her site online.

[@Javier_Rodri]

Thanks for saving me hours of researching, I curiously looked up Monica Mary Strigle on my browser and come across her website, I hope I can allows interview Monica myself.

[@gardenstatestacker1879]

this model worked for the boomers however in todays market if your not paying cash your not going to make it, even the homes that are listed by the time you view them its already under contract its a waste of time tbh, I have 100k in the bank and cant touch anything i so thankful I got a home before all this happened

[@Hcb-jo1gp]

Michael Salyor, Enough said.

[@champjohnson8614]

Great show Dave. I’m an investor since 2007. I have over 40 houses. Keep it short and sweet. It’s the real world no tik tok. Working with contractors to meet deadlines going to kill you. Evictions going to kill you. But, I enjoy what I do. I take many vacations, I golf several times a week. So it’s not all bad. That’s all folks

[@Johnside._]

What’s your advice for 2 18 year olds with about $10k looking to invest or start in this business? Or is it more so You have to save up $100,000 of dollars then you can start investing ?

[@champjohnson8614]

That’s challenging. First u have to find a house at a super great price. Next do u two have the skills to rehab an entire house.

[@champjohnson8614]

@@Johnside._ well it’s challenging to find a house at that price. If u do find a house at $10k do u have the skill set to rehab. Far as saving $100,000 would be nice but not necessary. If you’re serious about real estate work a good job or two jobs and build your credit. I was fortunate enough to have a good job after college that positioned me to buy houses.

[@faerydae29]

@@champjohnson8614Hi. I have 110k in cash that I saved over the years from my 9-to-5 job and living with parents to save money. I’m ready to invest. Do you have any advice? I want to come out making money so I can keep it going and am having analysis paralysis. I don’t want to buy a house and be a slave to the house, I want to make money with this money first. It’d love your take on it.

[@joeandersen6553]

The market in the area that I live is much slower. East Central Kansas.

[@pinkclouds100]

I die every time Dave says Tik Tack LOL. Its tic tok but thats ok :)

[@sister1828]

Renting for too long rents a sky rocketing . I'm climing like everyone in age,but don't want to continue. Qho should I talk with? Any Real estate broker will tell you what you want to hear. Can you direct me.

[@kurts8236]

“Those who want to get rich fall into temptation and a trap and into many foolish and harmful desires that plunge people into ruin and destruction.” 1 Timothy 6:9.

[@leemp337]

Nothing is wrong with failures. Failure is the learning curve cost. You only get over the curve playing the long game.

[@ericaadkins8846]

I just LOVE how he calls TikTok “Tic Tac” 😂😂😂 reminds me of how my grandma always mispronounce words 😂

[@Dividendflywheel]

Invest $750 per month in the stock market at 10% per year for 35 years and you have $2.5 million. No debt. No mortgage. No tenants. No fixing leaking plumbing.

[@cashcow4383]

I like how Dave days tic tac lol Thats a breath mint sir. haha

[@josecruz1098]

You buy a duplex at 100k even at 1300 monthly will take you damn near 9years just to get your investment back??

[@angolabobbyakhenatenbobby5490]

Thank you so much Dave Ramsey. I got what I need to feel confident in real estate

[@StellaCian-r6b]

As a newbie that wants to invest, you must have these three things in mind 1. Have a long term mindset. 2. Be willing to take risk. 3. Be careful on money usage, if you're not spending to earn back, then stop spending. 4. Never claim to know - Ask questions and it's best you work with a financial advisor.

[@LynnJackson-y8f]

I'm favoured financially, Thank you Jesus $32,000 weekly profit regardless of how bad it gets on the economy.

[@ElizabethThomson-o5l]

I lost over $80k 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 TIMOTHY ERIC MEEK.

[@StellaCian-r6b]

@@ElizabethThomson-o5l I'm surprised that you just mentioned and recommended TIMOTHY ERIC MEEK, I met him at a conference in 2018 and we have been working together ever since.

[@ElizabethThomson-o5l]

The very first time we tried, we invested $1000 and after a week, we received $5500. That really helped us a lot to pay up our bills.

[@ElishaCuthbert-n2y]

He is my family's personal broker and also a personal broker in many families in United States, He's a licensed broker and a FINRA AGENT in United states

[@ln5747]

How did Dave pay off his house quickly after going broke, then buy his first rental in cash and then quickly (his words) buy another in cash? Unless you're working another very high paying job (which hes never mentioned?) then that process typically is very slow. A mortgage free rental may stack cash but if its paying out say 7% its still many years before its enough to buy another house in cash.

[@Mayflower018]

He answers this in another video, forgot the title. He admits the first house was slow. He used his income put it into an index fund grew it and paid cash. Now he had a rental with no debt and all the income earned minus just expenses went towards buying his second much faster. With an even bigger cash flow buying the 3rd and on become so much easier and faster. He called it the purchasing snowball (the debt snowball in reverse). He said going debt route gets you in fast but has slow growth, his way gets you in slow but has fast growth. Compare someone who has 10million in assets but is 8million in debt to his way with 3million in assets and no debt. 2nd person wins and is in a better position to expand, the first is highly leveraged and is more at the mercy of the market on whether that leverage works for or against them

[@antwoinecoleman9823]

I think Dave as a younger man sold illegal something… maybe white collar crimes, lol

[@sgtam88]

Read his books

[@exile9237]

Stacking money

[@frankplachy7688]

​@yeah thats how he made his money from selling his books lol

[@cosy1914]

Yes, watch out for those crazy tictac people 😅

[@dropoutandretireearly1781]

All renters ever pay is the massive interest on the amortization schedule and very little towards the principal. I agree 100% with you Dave that its a complete farce that renters buy the house for you. 30 years on a mortgage is way way way too long for a renter to supposedly buy your a house and also 30 years is far too large of a window of exposure to risk of a renter screwing you over. 100% paid for with CASH RENTALS IS THEE ONLY WAY TO GO !!!!!

[@outofthebox5441]

Sounds Ike you don't know what your talking about

[@hi-fd8eq]

@@TheMrPorterwhy would you ever sell a rental property??? Literally no reason to ever sell a perfectly good property that is cash flowing each month

[@SuperDeathunder]

You’re right! Just save 150-200k in the bank then dive in to rental properties. Lmao so real estate investing is only for the Uber rich? Got it

[@trevorssillyplace]

@@hi-fd8eqto 1031 exchange it into a higher valued property that cash flows higher as well silly.

[@djsmithknows]

Your tenants give you the rent. Then you should dump rhe rent onto the principal of the loan...that shrinks the horizon of full payoff considerably. But if you paid cash for rhe rental property, $ just stacks up, unhindered, except for nasty property taxes

[@jaredmartin3798]

Good tenants are awesome. Bad tenants are the worst

[@naughtywizard]

How do you differentiate between good and bad tenants? Do you have a specific method for filtering potential tenants?

[@jaredmartin3798]

@@naughtywizard the ones who don’t pay are bad ones

[@naughtywizard]

@@jaredmartin3798 I’m asking how you would determine that before you sign them

[@musicjunk8266]

that’s where a good property manager comes in. they will do checks on your behalf.@@naughtywizard

[@frankplachy7688]

​@@jaredmartin3798lol! That's a sure sign

[@melisaturmus8579]

I own 16 hectar of land abroad & don't know what to do with it :(

[@RaulRamirez-e6t]

If you buy a property with a 30 year mortgage The bank cant call the debt He was using short term loans So to say debt is bad period is actually wrong even though i think Dave is great You get fully amortizing debt that is 30 years and theres nothing wrong with that You get a hud loan for apts for 35 to 42 years (221d4 for example) Great loan Bad debt is more related to term, recourse, and fixed/variable rate and how it exposes you to refinancing Dave is great for getting to that first million Once you want to go from $5 million to $50 All different set of rules

[@BenG33]

You know what happens to a rental that you own it just stacks money!! That right there was a massage to my ears💆🏽‍♂️

[@cayankeelord3730]

Gee Dave, I don't know. I bought a 1000 shares of Eli Lilly stock in 2011 @ $34.25 a share. It's now @ $830+ a share. That's an increase of over 2400% in 13 years. That's just one of several stocks that have been 10x or better that I've bought over the years. I don't know of any mutual funds that can do that. Could rental real estate that was bought for $34,250 in 2011 be worth $830,000+ 13 years later ? My stocks don't call me in the middle of the night saying the water heater split open or their roof needs to be replaced. No maintenance costs, real estate taxes or insurance to pay. For that matter the SEC insures my holdings that are within the brokerage in case they go bankrupt. Yes, they can lose value, but that's what stop lose orders are for. Stock investing is not for the faint of heart or for people who aren't willing to do the work to research and educate themselves on where they are putting their money and why.

[@paulbrungardt9823]

Business is where you make your money--Real Estate is where you put your money after you make it.

[@savemoney4058]

This is one of the most powerful comments ever posted. It will go over the heads of many!!!!

[@islandvoice8667]

your name came up at financial class interested to learn from you about: Real Estate, Grants, Retirements, and Investment but most of all pay off mortgage in short amount of time. Thank you

[@heteroclite6567]

Owning over 2000 properties.... how do you even find the time to do that? That doesn't compute.

[@torsten6777]

If you buy 1 rental cash and tenant doesn’t pay, you’re immediately at a loss (tax, insurance, utilities, maintenance, management, repairs). Instead better use the same money and buy 4 rentals with mortgage, if 1 doesn’t pay you still make money from the other 3. Also when house price goes up by $100k you’ll make $400k vs $100k on a single.

[@jeremiahwhite2624]

What if the 4 don't play?

[@Needleer]

Nobody that has hold Bitcoin up to this point has lost money. I am still not sure why Dave thinks this is some kind of lottery. If you sold when it went down, then you didn't hold.

[@TrottiersFishingTips]

ETH to the moon 🌕

[@ItsDania2023]

26:23 the Proverbs verse was a great ending!

[@ThePTSDRetreat]

My ex and I flipped 2 properties, 1 we lived in first and was a good property and we then put in a renter. The tenant person caused so much damage, by the way she was a realtor and was going to buy it...yeah- it took $50,000 in supplies (we did the labor) to fix it. We did get enough net profit to cover cost of repairs, pay off the house and pay a very amount off our farmhouse. The other property, we paid $38,000 for, did the work and had 4 contractor/investor offers on it prior to putting it on the market. I wish we had put it on the market; we would have made a lot more profit. As it was, we made all money back, paid the note, and made exactly $38,000 in net profit. We were able to move to another state.

[@ThePTSDRetreat]

I will never do tenants again.

[@naughtywizard]

How did she damage your property? $50,000 minus labour is insane

[@ThePTSDRetreat]

@@naughtywizard she was not supposed to have pets, she was not supposed to smoke, it was supposed to be just her, her partner and her elderly father, and no drugs. She had 5 pets -that I saw, not sure of total number- in the house and never cleaned their feces. Literally, hardened poop in the carpets. The upstairs wreaked of urine- human and animal. She had other people in the house and they were using in the house. We know at minimum weed. And someone smoked, a lot of cigarettes, in the home. We were the second owners of the home, the first having built the home and lived there many years. No pets, no smoking. Older, very clean couple who had raised their family in the home, retired, etc. We don't smoke, drink or do any drugs. We had to replace the flooring, even subfloors in some areas. The kitchen was so gross we remodeled it- oh my goodness, that took forever to scrub clean, the oven and fridge. The toilets were replaced. I cannot tell you how many gallons of Killz we put on the walls first, before finally removing drywall and replacing it. The home was over 3000 sf. It was a different home on the inside when finished, though the layout was not changed. I Oh my...I remember replacing even the little light sconces outside, which had been broken. It was a nightmare. I learned a lot about evicting tenants and that process. We were one of the lucky ones; the judge granted the eviction. That whole mess, everything, was such a nightmare. I was so happy when the house sold.

[@naughtywizard]

@@ThePTSDRetreat What a nightmare! It's unbelievable how disrespectful some people can be, especially a realtor. I'm relieved you managed to resolve it. Did this experience alter your approach to tenant selection?

[@R7christiano]

@@ThePTSDRetreat i have a direct mandate to investors whom seeks possible funding and capital financing, for new business opportunities and projects.

[@ogomarzie4998]

How do you save up atleast 150k to buy properties cash these days? Maybe in Daves days you could buy without debt, but lets be honest, you want to tell me to buy a property and save the rent from that and buy another? I would be lucky to buy a few in a lifetime.

[@chrishall2594]

That kind of thinking is victim mentality. You avoid debt, pay off debt, scrounge and save. The only debt you take is a house mortgage, which you pay off as quick as possible. It works. 2 things. You need to live within your means as much as possible. And you need to increase your income over time with better jobs and skills. It's not easy- but over time it works

[@jeremiahwhite2624]

A lot of wholesellers make $10k per assignment. If you did 10 $10k wholesale deals, that can be $100k to get started in real estate. You can do this on the side of your 40hour week job. Another way is to flip house and use the money from those flips to pay off 1 house at a time while using the income from those houses to pay off other house. (The $100k can be used for the flips).

[@kate3519]

8:10 not many people file bankruptcy so your example is not the mass. Every state has tenants rights and in those rights states what landlords can do if tenant doesn’t pay. I have worked as a housing advocate and personally taken a landlord to court so I know what I am talking about. Buying a multi family house is a no brainer way to build wealth.

[@alfredonieto4412]

Dave, awesome interviews , very enlightening. Thanks for sharing your knowledge

[@DeafRedneck]

Closed caption would make this video much more useful don't leave us hearing impaired folks out!!

[@ryanheaton8742]

Don’t over leverage.

[@Gmac_Greg_M]

That’s not necessarily true (at least where I’m at in Florida) for the bankruptcy. If my tenant goes into bankruptcy and they owe me past rent, they still have to pay current rent each month and make up past rent in a “reasonable time”. Can’t say the laws for other states though.

[@earlwilliams5473]

A $500.000 job and a $80.000 house paid in cash is rich. A $40.000 job and a $4,000 mobile home paid in cash is rich. Never eat your wallet to fill your appetite.

[@treyvond1780]

I would like to know what exactly was Dave strategy to obtain 700m in Real Estate debt free.

[@codyesparza1956]

The only thing i hate about Dave is that he is always flexing his experienced when answering questions. Like yes we get it you went from broke to rich and broke again and rich again. Just answer the questions directly. You can show off your experience in a blog or something.

[@dhowto3005]

Thank you Mr. Dave Ramsey!

[@leebeaute]

A real estate investor for over 20 yrs, the takeaway is when everyone’s selling you buy & when everyone’s buying you sell. Be wise with Location Location Location! Herd mentality & FOMO make us poor!

[@RYSEAmato]

What’s the opportunity cost of paying cash for a house with a 5% mortgage when you could earn 7-10% in market?