Comments by "NetWorth" (@networth00) on "Real Estate Mindset" channel.

  1. They've been saying that for a few years now. I'm still waiting... and praying.
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  2. I rely solely on my 6 large airbnbs in TN. BUT BUT BUT I have a 7 figure savings account (CDs and money market) so I might be ok, but a good hard recession will wipe out 85% of airbnbs is my guess. I live in Fort Lauderdale and there are so many dang airbnbs around here and surrounding cities that are empty for weeks or months. There's a real hurting about to happen. My friend owns an airbnb here and his note on the 3 bedroom canal house is $9100/month. I think people are crazy going into that note when you have tons of competition.
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  3. what area?
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  4. Put down 20% so your purchase price should be $450k.
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  5. She's about 5 years too late getting into the airbnb game. She'll learn the hard way.
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  6.  @hangguy209  i own 6 houses. i bought 8 in 2013 and sold them not long ago. i'm waiting on this next crash.
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  7.  @hangguy209  I've saved money all my life. You can do the same.
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  8.  @scottycooper8303  I'm from close to there. Who would have thought those prices would go sky high.
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  9.  @mep593  wrong private property owners? they were wrong?
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  10. what city?
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  11. Every market is saturated with airbnb.
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  12. no
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  13. Because you made 5x the money if it's STR vs LTR.
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  14. Could you not buy some land and build your own cabin?
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  15. I stayed in an airbnb in LV last year. I wish I would have just stayed on the strip for cheaper.
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  16. WHY would someone rent an airbnb in Vegas? I made that big mistake and should have just stayed on THE STRIP. That place is a soulless gutter so I won't be going back.
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  17. What area?
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  18. I rely solely on my 6 large airbnbs in TN that I have owned and operated for about 10 years. BUT BUT BUT I have a 7 figure savings account (CDs and money market) so I will probably be ok, but a good hard recession will wipe out 85% of airbnbs is my guess. I recently moved to Fort Lauderdale and there are so many dang airbnbs around here and surrounding cities that are empty for weeks or months. There's a real hurting about to happen. My friend owns an airbnb here and his note on the 3 bedroom canal house is $9100/month. I think people are crazy going into that note when you have tons of competition.
    1
  19. So, prices go back to normal?
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