Comments by "Cyrus M" (@cyrusm3391) on "Reventure Consulting" channel.

  1.  @gobadgego  yea hey guys, let's remove people's homestead rights so that gobadgego can get a house. Lmao
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  2. A medical doctor that can't afford California... No sir you just don't know how to budget or willing to make a necessary lifestyle adjustment
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  3. Dude, it's near the summer, of course home sales increased its the season! But it doesn't mean it's the "areas that will experience the crash first" - Southern California here. Prices are still high, demands are still high.
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  4. Labor cost isn't going down unless you're gonna build the house by yourself
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  5. This guy again and his claim of a market crash 🙄 Dude one day you will be right but not 2024 and the last few years youve been claiming it.
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  6. Wages are going down?!
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  7. We've been in a recession
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  8. 2:07 let's be clear, DEMAND IS HIGH but affordability is keeping everyone in the sidelines waiting.
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  9. A pause in the federal rate is not a pivot 🤦🏽‍♂️
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  10. ​ @dsj9831 your house only loses value if you decide to sell at the dip of the market. But it always appreciates longer than the dip. Buy a house as a shelter and not as investment. Buy because you want to be in it for a long time.
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  11.  @namestas1591  then make the adjustments, move to a MCOL, check your other expenses, move further out... A doctor doesn't make as many commute as an avg 9-5er. Don't tell me a medical "specialist" (is that considered a doctor or anything in the medical field?) can't afford a mortgage at $6-7K, that's only $2K above mine and I'm faaaarr from being paid as a doctor .
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  12.  @thejuicerr  exactly! My neighborhood (Chino) is still hot and house stays in the market less than a couple of weeks
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  13.  @ChrisGenXer  lol by the time you are ready to buy, prices have already gone up 4-5% yoy
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  14. FEAR FEAR FEAR FEAR FEAR 👀👀👀👀
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  15. They already mentioned two more hikes before end of the year. Do y'all just rely on YT for news resource?
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  16.  @green3488  lmao I just had to laugh at the Egyptian part 😂💀...aight I should've specified, next time
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  17. These crash bros talk about income wages by individuals and not by dual income homeowners. Majority of homeowners are at 15-30% (dual) income-to-mortgage ratio
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  18. the day minimum wage workers are the average homeowners would be the day pigs fly
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  19. You'll have to provide data how many are actually accepting this offer. As far as I'm concerned they just rolled this out.
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  20.  @juliorivas7428  if there are 16 leading indicators stating decline, then why even care what the FED says? We've had previous recession and did fair. It's not a matter of or if a recession comes but how significant of an impact it will be. People here talk like they want a depression. Sure let it come and noone wins!
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  21.  @juliorivas7428  I agree but to what the degree it will be, we don't really know. IMO not as bad as doomers would like.
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  22. So Julio how's that lowered rates coming along lol ?
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  23. ​ @juliorivas7428  how's 2024 cleansing coming along? We are still in a recession. Pls don't listen to guys like these who are too rigid and can not adjust to alternative patterns of the econony of today.
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  24.  @ckm-mkc  months for those in bad condition or require a lot of renovation. Turn key homes are still hot
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  25. You're undermining people's intelligence if you believe they aren't calculating the final total monthly after a zero down
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  26. If everyone losing money, ain't no body buying a house haha
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  27.  @madandinzane  Houses do not meet demands as fast as toilet paper. Perhaps someone who has a history of failed purchases may need to continue learning more before advising?
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  28. Hey historically, California homes used to sell for $25,000. Im not saying its gonna happen, but its a possibility 😂
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  29. He said it yall! Save your money dont buy $33/month app 😂
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  30. ​ @EclipseEditzx3 the cause of price increase in the housing market is multi-faceted and not specific to money printing alone.
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  31. Wow I remembered when Cerritos was only $400-500K...it's an ok city IMO.
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  32. ​ @CaptainCaveman1170 it's going to be sideways, dip and rise. But SoCal is far from crashing.
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  33.  @marcmcreynolds2827  im old enough to remember movie tix at $6, gas was $0.85, burritos at Alberto's Tacos for $7, and a street sweeping ticket at $25 lmao Nowadays my HS niece gets paid hourly for her subway job the same as my first job outta college.
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  34. ​ @krapekk 💯
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  35. Hahaha you wish. Most are buying homes for long term
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  36. 2:49 TBH, coming from SoCal, the area(s) that the "shadow inventory" are located in, are areas no one wants to live at. Those are getaway places.
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  37. Yall still relying on this man's app 😂😂??
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  38. You're a dumbass if you believe this fool
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  39.  @1powerequalsgod  do you have a TLTR version 😳?
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  40.  @ReventureConsulting  I don't believe it! Even McDonalds have raised their starting wages. I won't believe until I see data or impact. At this point , it's just speculations
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  41. In these days and times. There isnt anything fundamental about anything
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  42.  @green3488  I was obviously replying to the OP, not you sir.
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  43. Just admit it to yourself, you're too late and too poor to own a house today. Trump won't let RE crash
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  44. Just read contextual article on HD forecasted year and their CEO expected this. As the pandemic have lightened up, less people are hunkering down and instead use their money in other expenses. This video doesn't tell the entire story. Regardless, I'm anticipating for mortgage rates to go down
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  45.  @AR-me9jy  If you are in the high six fig salary, then you shouldn't have a problem buying. I have plenty of friends that are within that scale of figures and all have bought a home easily. Plus the more taxes from property and interests you pay, the higher you get back in tax returns (within a max threshold). Stop the 🧢!
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  46.  @AnonYmous-vm5ls  You are so wishing for a crash, you would love to see that misery just to say "I told you so" or continue on gaslighting others. It's a misery because families and elders will lose homes. That's pretty pathetic way of wanting to have a dog in a fight in this housing market, which you'll end up racing with the other 30 bidders that didn't win either and were waiting on the sidelines as you are doing now. Idk where you live, here in SoCal, rising rates have not put a dent in pricing nor demands. Major companies have increased their minimum wage salary and investors are motivated in securing real estate due to the fact that it will always grow, even if it takes a dip. Those who received stimulus had to reconcile that through filed taxes and federal (and banks) programs are now in place to assist those where were in forbearance to keep their homes now that forbearance has ended. Look up the national foreclosure data and you will see that it hardly contributes to the most important issue: extremely low inventory. Especially in metropolitan areas where residence have increased in the last generation.
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  47. ​​ @twattgurll it's not always true. "Scared money don't make money" is also true. Risks and rewards also takes experience. Investors invest they don't always or need to wait because they have capital to spare.
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  48.  @slimdude2011  it's an anecdotal, don't take it seriously. Age of elderly is subjective to most? My aunt was considered 65 elderly went back to work (engineer) after 2 years cuz she was bored and wanted to continue working for the hell of it. Most anecdotes are not the general rule, including mine.
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  49. Discussion on lack of inventory, today and in the future?
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  50. ​ @investfourmore not true, that's why competition and biddings were all time high from 2018/2019 and still to these days
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