Comments by "NetWorth" (@networth00) on "Michael Bordenaro" channel.

  1.  @MichaelBordenaro  I just flew back to TN yesterday so I was there all week. So much crap going on every single night on Ocean and Collins... it has to get old for locals.
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  2.  @pabloescobarschanclas  well you know how youtube will block normal talk, so i guess it is 2007 when they didn't censor regular stuff
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  3.  @geocam2  Trash collectors should make close to minimum wage. Instead they demand more money than teachers.
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  4.  @craftsmanctfl3493  Quit talking that nonsense. Does that mean we should allow laws to be broken?
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  5. Cheap Chinese junk cars I will NOT be buying. We all know how good appliances were before Chyna started making them. They doubled the prices on fridges and washer/dryers and they now last 5 years instead of 30 years.
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  6.  @AmandathePandaBooks  my prop taxes are 22k/year. I wish mine were 4-8k
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  7.  @LongDefiant  Do you think China, Cuba, and N Korea are under American foreign policy. I notice you socialists love to complain about capitalism but never flee to a socialist country. Wouldn't you rather be under a socialist rule?
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  8.  @JohnAppleseed-cy1rd  The point was... condos are being built, not single family dwellings. Most don't want a condo so the numbers of single family homes are not being built, but it appears like they are... but it's just really a bunch of new condos.
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  9. Why would I pay an agent to "list" my house, then wait for an agent to bring a buyer. You can pay $1000 to put a house on the MLS.
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  10.  @JohnyZman  They don't charge much. They'll close for about $1500.
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  11. Everyone thinks they have to live in a newly remodeled home. What does your current place look like? prol old as heII
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  12. I'm a real estate millionaire. I've been buying and selling since 2007. I sold 4 last year at a gain, and still own 5 big homes worth wayyyyy more than I paid. I paid about $2m for the remaining 5 and they're worth about $8 million. Do the math and you'll see how I made millions in real estate. Also, I'm a very safe buyers. I look back at all the stuff I passed on, if I didn't pass I'd be worth way way more. I grew up poor, parents were poor, my siblings are still poor, I worked 2 full time jobs for years so I could save and invest, and now I live a relatively modest life and I'm strugging to buy a house in S Florida.
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  13.  @Columbus1152  Not if they refinance and cash out. Also, the down payment money came from the sell of the over-inflated home to purchase the new one.
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  14. High rates = lower home prices.
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  15. @ People who sold their homes recently had prop taxes go from $6k/year to $32k/year. My neighbors house went from $36k to $97k. All the homes around me sell and get reassessed. I'm talking about all THAT money.
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  16.  @hvaball150  If you live in a $50k home in Florida your taxes would be $2000/year. You live in a trailer or you don't live in FL.
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  17. I own lots of assets and I'm ready for deflation so I can buy more.
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  18.  @MichaelBordenaro  same priced house in nashville will be $8000.
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  19. My taxes in TN were $13k and I thought it was the highest in the country.
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  20. A condo out in the woods? Yea, it'll sell lol.
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  21. If you're a family of 6 you should have bought 5 years ago. Keep saving and renting for a year or two.
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  22. I'm a conservative (not republican) but surely wouldn't vote for any liberal or democrat.
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  23. You only want values to go up after you buy the second home, right?
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  24. I moved from Memphis to downtown Nashville in Nov 2019, then came the tornado, then came covid. I left Nashville Sept 2020. I didn't like downtown Nashville, people were too "woke" and everyone had victim mentality, even the wealthy liberals. I'll moving to Miami Beach in a few months, I hope I like it.
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  25.  @hvaball150  in 2-3 years time? My current house, which I bought in 2004 for $189k, was worth $265 in 2019. I just sold it for $450k. To answer your question, it never doubled in the first 15 years before the crazyness. Seriously. May I ask how old you are? My guess is not very old.
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  26.  @fjnsocal  If you're traveling with 10 people, get a big house and split the cost, it's so much cheaper... plus you have a full sized kithen, a living room, garage, private pool.
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  27. Last crash saw 3 places crash the hardest: South Florida, Los Angeles, and Las Vegas.
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  28.  @rjo8500  You're right. It's much worse.
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  29.  @naturelover2292  I think it's fine, but I live walking distance to the beach. Plus, and it's a huge plus, I have a boat. Nothing too crazy, just a 23' center console that I take out onto the ocean and fish, or just go up and down the canals.
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  30.  @karenkoe7096  Those are kid jobs. I see those postings too.
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  31.  @leonie563  Trump2024
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  32. You think anyone with a job is greedy. My guess is you're broke. That's a broke person's statement.
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  33.  @seniormale  How many of your houses have burnt down?
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  34. Cubans moved AWAY from Communism. They're not voting insane blue.
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  35. I love the airbnb concept but cannot stand the woke company.
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  36. Same here. I think it's about to get much worse.
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  37. I live in S Fl and it's vacant because it's summer, most homes are 2nd homes of NYers.
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  38. I left Florida due to high costs and all the rude NYers who came in droves every winter. My dumpy home was 1485 sqft (on a canal and .25 miles from beach) but the insurance was $17k/year and property taxes were $32k/year and my car insurance (my credit is high and zero wrecks or tickets) was $430/month each car (Honda Accord and Ford F150). In Tennessee my car insurance is now $115/month each. The same size house in TN has insurance of $1800/year and taxes of $2500/year.... so Florida prices are INSANE. So glad I moved. Also, my houses flooded twice in the year before I left and you're in constant fear of a hurricane coming and you'd have to pack up everyone, including the dog, and go to another part of the country for a few days or weeks. It just wasn't for me. Nice place to VISIT only.
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  39.  @MichaelBordenaro  You're exactly right. You have to choose your item to splurge on. I think you should have just bought it instead of lease though. BTW, I drive an Aventador S but I'm very frugal in other areas.
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  40.  @MichaelBordenaro  Can I get your opinion on something. I'm flying down soon to look at 1743 Michigan Ave APT 4 because I need 3 bedrooms and garage space. What do you think about that place? It's not my favorite but it's the only 3 bedroom close to SoBe that checks off all my boxes as a second home. I really wanted walking distance to Lincoln Rd. Thanks in advance.
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  41. I think it's more like 5%. That's the number they use when I sold my rentals.
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  42. Airbnb GUESTS are TERRIBLE (not you). The reason airbnbs are so bad is because PREVIOUS GUESTS tore up the place. It's like guests don't give AF about someone else's house. The home owner didn't damage their own property.
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  43. Stay in the pool or on a beat and don't even notice the humidity.
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  44. I have been putting in offers for 8 months, sometimes as much as 200k over asking... and I QUIT. I give up. I am not buying a house. I did end up renting from an owner so I'm out of the market for a while.
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  45. LOL. How old are you?
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  46. Remember when Walmart was 100% Make In America and so proud of it? I guess those days are long gone.
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  47.  @cherylT321  It will hit you. Give it a couple more years.
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  48. Keep that El Camino.
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  49. Nobody wants to be in the Communist State of California.
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  50. CAR BATTERIES are a complete scam... and the price keeps going UP UP UP.
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