Are We Headed For the Next Real Estate Market Crash?!
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The speaker in the YouTube video advises against waiting for a real estate market crash to invest. He believes that trying to time the market can be risky and suggests focusing on time in the market instead. He shares his personal experience of holding onto his rental properties during the pandemic and seeing their value increase by almost 2 million dollars. He predicts that the market will continue to grow and encourages viewers to buy now because he thinks the market will remain pretty steady. He emphasizes the importance of buying at discounts, having equity built into rental properties, and getting good tenants in to overcome dips and take advantage of upswings.
The speaker predicts a little more stabilization over the next four to five years, with a little bit more of an upward trend, not a crash or a straight-up increase. He encourages viewers to invest in real estate now, even if the market dips a little bit in the next 12 to 24 months. He believes that if you're collecting cash every month and making all your expenses, you can withstand some movements in the market. He assures viewers that even during the worst real estate time in the history of the United States of America, people still rented, and the banks didn't call any notes due.
The speaker encourages viewers to follow him on his channel for any updates, check out his other social media, lean on other investors in their town and local market, and consider his mentorship for a little insurance policy and a heads up on what's going to happen next. Overall, the speaker believes that investing in real estate now, with the right strategies and mindset, can lead to long-term success.
The speaker in the YouTube video advises against waiting for a real estate market crash to invest. H