Comments by "Re3iRtH" (@Re3iRtH) on "Michael Bordenaro" channel.

  1. He's 35? His voice and how he looks I would have thought 45.
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  2. Your housing value also has doubled and tripled and considering this number is a much higher number in absolute terms you made a lot more dollars even accounting for triple taxes and insurance.
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  3.  @Userhfdryjjgddf  Move! Most countries in the world you can rent a nice place for $400 to $600 a month. All of the decisions you made are your responsibilities and that affected your ability to not afford a house. I have 5 rental properties and I'm an immigrant with English as my second language. I choose to rent where I live and I pay $4,000 a month.
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  4.  @Brandon_Nelson92  as a licensed electrician you should be at 100K or more. Same advice as the other person, move! We moved in 1991 from a Soviet dictatorship to the United States for a better life. You have every opportunity to move as well.
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  5. I've never heard anyone say "prices will not come down" that is BS that Nick said in this video and you parroting him. Literally no one has said "prices will not come down". People said that real estate hedges inflation and will be worth more 10 to 20 years from now. We also said not to try to time the market. Their have been "market will crash in 6 months videos" every week on the internet since 2016. You waited 7 years for no reason. Some of us are financially free and no longer need to work because we took action. You can buy good deals any time. Nick is a youtuber he doesn't own real estate but you are listening to him as gospel. He is an entertainer.
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  6. 20% would constitute a crash? If most markets go down by 20% we're looking at 2021 prices. That is when everyone and their mother was predicting and waiting for a market crash. Also, there have been YouTube videos and posts on forums since 2016 predicting of a housing market crash next year. It never happened. If housing were to drop 40% tomorrow we are still at 2019 prices, where you still saw YouTube videos one after the other predicting a housing market crash and telling you real estate was overvalued.
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  7.  @CaptainCaveman1170  the point is everyone was making recommendations every single year for the past 7 years to "wait to buy real estate, wait to invest in real estate until next year when the market crashes". And how's that advice worked out?
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  8.  @CaptainCaveman1170  housing could go 30% down tomorrow and all the Doom and gloom YouTube channels are going to tell you I told you so. But the hilarious thing is even if housing goes down by 30% tomorrow, we're still back at early 2020 prices. This was the exact same time the same people we're telling you there will be a market crash anytime now, and that real estate is overvalued. The way it works in America is the old Chinese proverb - the best time to plant a tree was 20 years ago, the second best time is now. Substitute free with real estate. The Doom and gloom channels are only designed to generate clicks and eyeballs making them money.
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  9. I sold my run down crappy house in Little Rock 10K about asking yesterday :)
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  10. I was just in Miami last Friday to Monday and it actually felt cool. I missed most of the swimming weather 😂
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  11. While your rents are going down my passive syndications in Pheonix are still returning a 20-35% IRR year after year because we are still buying good deals. Economic occupancy can do down to 55% from 94% and we would still earn a profit.
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