Comments by "Dave Blackman" (@daveblackman816) on "Real Estate Mindset" channel.

  1. Wow….Maui all over again
    556
  2. He’s not “lying” , he’s just stuck in 1989 and can’t move beyond that.
    127
  3. We toured 2 Lennar homes yesterday in my new neighborhood. I was asking the saleslady questions about how they build their homes and how they build their homes on clay soil and if there are any leaking issues with the basement. The lady didn’t know anything and she said “they have a subpump so it’ll be fine” smh. She also said “we’re a national home builder so we know what we’re doing”. I almost laughed in her face.
    112
  4. Feel bad for the people who lost their jobs but no one should eat that junk. It’s all chemicals.
    109
  5. The McDonald’s and Burger King of homebuilders.
    91
  6. Sadly we’ll need a significant drop for things to truly matter. A 10k-20k drop doesn’t mean much when rates and property tax/insurance is at a high.
    80
  7. I laughed when they said rate cuts. I laugh because of everytime I go to the store and everything is way overpriced. The housing market is going to stay stagnant this year. Rates will stay where they are. With them printing another trillion dollars out of nowhere, it’s only going to get worse.
    76
  8. Props to doing this in an airport. I can’t imagine how difficult that would be.
    68
  9. This is sad man. Lennar just walked all over them because they knew they could. Just rush, finish that job, move on. The nationwide builders don’t care at all. I mean those are some big repairs and they’re like “meh”.
    68
  10. Man, I LOVE what you’re doing for these people from Helene and telling the truth of what’s going on. I caught up with your videos yesterday. So happy and proud of what you’re doing, brother.
    62
  11. Airbnb deserves this tbh. Their service was great at first, but honestly haven’t used them in a few years. Cleaning fees of $200 bucks or more for a place that isn’t clean to begin with, bad cancellation policies. It’s not worth it. Hotels are a better value these days. They need to change their business model fast or they will go the way of blockbuster.
    51
  12. Love these type of vids. Unfortunately the dollar is planned to be ruined so they can “reset” the system with centralized digital currency: this isn’t good for anyone who values privacy
    48
  13. They are definitely trying to make sure that people own nothing at all. Us who work hard and are disciplined will have to pay MORE. Up is down, down is up with this admin
    43
  14. Yes I loved the Michael video from yesterday. The collab is great. Intro is awesome lmao
    41
  15. As a former Fannie Mae employee, I’d take what they’d have to say with a grain of salt. They’ll flip what they say today by next week.
    41
  16. Yep. I’m looking at new builds now offering great incentives. Make sure you get an inspector
    39
  17. The new home “rebates” are generally false. Always look at the origination fees. I guarantee for the builders lenders offering 15-20k for rebates, the origination fees will be 10-14k for no reason. Origination fees should be no more than 700 bucks, so make sure to look out for things like this. That’s how they get you.
    38
  18. This is the ultimate goal. Price the middle class out. Only wealthy can own homes. The rest can rent and be paycheck to paycheck. New and resale homes near me still are selling like hotcakes.
    37
  19. It’s getting to the point where if you see a house you like and can afford it comfortably, buy it. I figured this would happen. After all, we’re supposed to own nothing.
    35
  20. I hope people never took that student loan forgiveness thing seriously. My wife fell for that even and I was like “it’s not gonna happen. It’s not legal.” The best thing everyone can do is rely on themselves to pay off the debt asap
    34
  21. As their stock prices are at all time highs. Wow
    33
  22. Ryan homes is the McDonald’s of home builders, while Horton is Burger King of home builders. Lennar is the Subway of home builders.
    32
  23. What do you expect from an admin who tells you constantly that this is the best economy ever and that everyone is thriving.
    32
  24. Those houses are easily going to sell for 100k discounts with 15k closing costs credits
    31
  25. Ahh my old company, Freddie. Sadly, from experience, you have to take what they say with a grain of salt. The place is full of people who try to tell the truth, but can’t because of the conservatorship.
    30
  26. You should buy now when rates hit 9% and prices are increased by 10%. It just means you have to hustle harder, which will make life better for you! -from, your realtor
    29
  27. Dang this is my favorite video you’ve done yet. I’m doing this myself, looking at good deals with builders. Getting so many incentives and discounts. But still waiting. The spec houses are just sitting and prices dropping
    27
  28. Buying at the top of prices while rates are high+ not cleaning up your debt + not having a large savings account just in case=recipe for failure
    25
  29. Dude 3 videos in one day??? lol killin it man
    25
  30. Workers at these banks will be in trouble too. Especially in the fintech space. I actually worked at SVB back in 2021. It was basically a fintech company more than a bank. I expect to see more of that, which could spell disaster for your average worker.
    24
  31. I love those house styles. I just wonder if the builder is good. Only complaint is that they’re all crammed together with a 5 ft yard between each house.
    23
  32. Just signed a contract this week on a new build. 60k discount at signing and 15k incentive at closing with their lender. Thanks for all your videos. Staying patient helped !
    23
  33. Trusting Zillow data is like trusting Jeffrey epsten to babysit your kids.
    21
  34. Redlining has always been a problem and they won’t let up. They want certain areas separated. Gentrification is still very real. Also, some neighborhoods frown when minorities move in their neighborhoods cause it lowers the school rankings. It’s sad
    19
  35. I love you man but I doubt this will impact housing that much. Many borrowers who paused their loans and were already housepoor may be screwed. But I can’t see it causing a substantial crash. I do see it impacting homebuyers on the sidelines but not so much existing homeowners. Will homeowners who have student debt be foreclosed on? Possibly yes. But I don’t see it happening in large amounts.
    19
  36. Yeah it’s definitely stretching the truth as someone who lives in the DC area, myself lol. The spring market typically starts around this time in DC. It would take a few months for the market to react to the federal layoffs. And even so, the federal workforce don’t represent all the jobs in this area.
    19
  37. It’s very interesting how several people here seem to want people to fail. Everyone’s financial situation are different.
    17
  38. He won’t apologize. This is being done on purpose.
    17
  39. I’ve rented a EV through Hertz before. Those are only worth it if you are staying within a city where you have access to quick charging stations. The problem is, the infrastructure for charging isn’t ready yet for nationwide use. Nobody wants to rent them because they’re a pain to charge and can take hours. The only EV that does it right is Tesla with their supercharging stations.
    16
  40. Hello. Told ya this was coming
    16
  41. You are traveling and doing a lot more than many will do to expose the truth. Gotta appreciate that. Keep it up! This is really good info and intel.
    16
  42. If rates hold the way they are, drops will come but not drastically. But once rates drop to low 6’s, I expect things to fly off the shelves. 6% will be the new 3%.
    16
  43. They need some Dave Ramsey
    15
  44. I expect the fraud situation to get much worse over time. Banks are going to double down on protecting themselves from not suffering SVB’ fate. It’s going to be like the 2008 standards on steroids.
    15
  45. I’m going thru the same process now. Very important to get a good agent, the builder pays it so you have nothin to lose. Also yes pre drywall and pre closing inspections are musts. It took me 2 years to find a legit local builder that we actually like and trust.
    14
  46. Nobody wants to buy a shack for 900k at 8% interest rates lol
    14
  47. Who’s trying to move to Reno? Didn’t even know it was in demand like that.
    14
  48.  @realestatemindset  I worked in settlement and defaults/loan mods. They just said whatever to keep things moving.
    13
  49. Buying a new home is fine, just make sure you do your research on the builder. Don’t go with a Lennar or Ryan homes.
    13
  50. Here in northern Virginia, prices just keep going up and up. They don’t even care about rates. It’s madness.
    13