Comments by "Bootstrapper" (@boot-strapper) on "Real Estate Mindset" channel.

  1. I live in a town with the highest price growth in the USA (Bend Oregon) which has appreciated even faster than anywhere in texas. My house doubled in value in about 20 months. Needless to say, I'm selling out. Putting this place on the market next month. Hoping to find a sucker to buy it.
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  2. I'm working 2 full time jobs ~350k/yr so I can stack cash and buy at the bottom in 2-3 years.
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  3.  @wageslave387  I sure don’t. Renting is way cheap right now. I will have so much cash im taking 3 years off from work to build a company. I already locked in a 24 month lease that’s cheap AF in a really nice neighborhood.
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  4. I'm never going to complain about additional housing inventory
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  5.  @dinozoologist6118  we are moving back to Portland, got a place for 2k/month which for me is really cheap.
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  6.  @jojopapa7521  property tax in Oregon and most states for that matter is capped to a 2% increase per year, so not really a concern
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  7. that "news" channel is ridiculous.
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  8. all these people "waiting for their time to buy" shows just how much pent up demand there is. Nobody know show long this madness can go.
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  9. Accepted a full price offer on my house yesterday at $405/sqtft. Wooo!
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  10. it can only drop so far. When the money supply increases by 40% how low can it really go? like some of it is high demand and low supply. but its mostly just too much money slushing around the market... (I hope, since my house just went on the market)
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  11. exactly why I just locked in a 24 month lease
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  12. "look at the west coast" proceeds to look at a single state
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  13. Houses didnt go up 40%, they went up 80%. In my case my house literally went up 100%. Thats some serious crashing needed to ever reach those numbers again, doubt it will happen.
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  14.  @kayw1771  exactly. Not to mention there have been historically low numbers of houses built in the last 10 years. Best we can hope for is boomers to start dying off.
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  15. "toughfer"
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  16. I work in tech, and dont know a single person thats been laid off
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  17.  @realestatemindset  I’m not taking about you, I’m talking about the news clip you added in here. Truly eye rolling. Counting votes takes time.
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  18. HAHAHA Houses in my area go for 500/sq ft
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  19. Welcome to oregon. Love it here.
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  20. why?
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  21.  @realestatemindset  this is why you should always have at least 3 jobs. Shoulda planned better
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  22. hawkish and bearish are the same? you mean dovish vs hawkish, or bullish vs bearish, lol
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  23. most states have a yearly cap on how much property tax can go up in a year.
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  24.  @Dentalcoverage4u  list of what
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  25.  @Dentalcoverage4u  google is your friend, but Oregon is one of them
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  26. Dude, the federal reserve is super predictable. The market had already priced in the june hike....
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  27.  @realestatemindset  I mean it’s true. Watch Andrei Jihks latest video on the topic
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  28.  @TM-173  yep
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  29.  @MHiggins  the tech community is pretty small, so my point is that it’s not widespread.
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  30.  @MHiggins  unlikely. It’s more cost effective for most businesses to not have people come back to the office.
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  31.  @MHiggins  damn you are dense
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  32.  @tctctctctc-x7c  I will check it out, thanks man
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  33.  @UrbanBDKNY  recessions don’t cause money to disappear. It just shifts around. Once inflation occurs there is no way to undo the new money supply
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  34.  @UrbanBDKNY  stimulus was a tiny part of that. Anyone with any assets are the people that saw a wealth increase.
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  35.  @UrbanBDKNY  but also, once spent where do you think it goes? Lol
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  36.  @UrbanBDKNY  Turns out growth stocks go down when interest rates rise. But the money is still floating around. People sold the stock and got their profits. Stocks don’t go down unless people sell…
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  37.  @UrbanBDKNY  I dont think you understand how stocks work. Just because you lost money doesnt mean it disappeared. It just means someone smarter than you cashed out and took your money. Same with crypto. I'm not saying things are "peachy" im saying the winners still have plenty of money and thats what keeps housing prices above a certain threshold.
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  38. its almost like younger people buy starter homes and transition out of them quickly. MINDBLOWING.
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  39. ive got 100k ready to deploy near the bottom
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  40. buyers remorse is not the same as cancelling a contract.
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  41. just got a couple offers on my house after being on market 7 days. House gained about 80% in 2 years, selling for 405/sq ft
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  42. I'm from portland. Went to Austin TX in 2018 to scope it out and see if it could work as a place for us to raise our baby. I found it superrr disappointing. Nowhere near the hype. There were more homeless than portland, AND the homeless in austin are wayyy more agressive. No chill.
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  43. Jesus for those prices you could live on the west coast
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  44.  @macynguyen8864  plus florida is a goddamn swamp. nasty af
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  45. No shot. Any bank would give you 1k.
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  46. bro up your camera game
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