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NetWorth
Sachs Realty
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Comments by "NetWorth" (@networth00) on "Sachs Realty" channel.
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THIS.
17
I'm in Fort Lauderdale. My rent is $5500. The house is worth $1.4m and the taxes are $16,893 for 2023 and going up this year. The insurance is $12k/year. If I bought this house the note would be $10k/month.
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@Francisco-po1cf We would have crashed in 2020 if the government didn't get involved.
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I hope you didn't move to Valdosta. I went to that dump last week. You sold at the perfect time tho.
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@jaydeeare285 How old are you? I suspect you weren't in the RE game in 2008.
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South Florida took the biggest drop in the country (along with Vegas) during the great recession. I hope it does again. I'm in FLL.
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@pier21realty They bought this house in 2020 for $800k. I don't know if they got a loan or not. The location is top notch (walking distance to beach and on a canal so my boat is parked out back) and they plan on tearing down the house to build a mansion. They already have one going on this street. They might just want to break even till the tear down.
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@jaydeeare285 I've been real estate investing since 1995, so yes, I do know abut housing. 2008 was so terrible for many people, we will never forget that time. What year were you born? What year did you buy your first house?
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Trump2024
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Biden printed too much money into the world, that's caused homes to skyrocket... along with everything else.
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@Sky1 What state?
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We would have had the big recession in 2020 if Biden didn't print trillion$.
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