@SmallShark the beauty of real estate is that each market is local and each buyer/seller has a unique situation. This video is not a guaranteed scenario for everyone, however in the Irvine market in many cases, depending on the buyer and property, buying is ultimately cheaper than renting if the buyer has 20% down, not to mention the tax benefits after the fact. It sounds like your specific scenario is unique because in Irvine, a $700K home would bring in over $3500+ in rental income.
Pay little more? How about 3 times more with additional risk. And what has he been smoking. The landlord is not making anything on appreciation, his property is depreciating.
So if you sell more properties then you make more money...... ok your wearing a suit so we should trust you. Why don't you mention that right now that if you buy a house that you will pay more to interest then you will pay in rent....... that means that if you rent you will be able to save more and you will have a higher quality of life. STOP CONNING PEOPLE
It makes him feel sooo good as he cashes his commission check. And he wishes all the renters out there would also give him a commission check. Dude, you're a Used House Salesman, and your days are numbered. At least used car salesmen OWN the car, so you HAVE to buy it from them. Real Estate Agents don't own anything. They want you to pay them to help fill out some paperwork. The days of needing an agent to find a house is long gone. So long, dinosaurs!
In other news; the car dealer thinks its a great day to buy a car, the butcher thinks its a great day to buy a steak, the carpenter thinks its a great day to build that hutch.
A realtor wants me to buy? To stop renting? Holy shit, no way!
NAR is a cartel. The RE industry as it exists today thrives on ignorant, unsophisticated, and harmful misinformation like this to permeate to the naive populace. Anybody that watched NAR's campaign during the housing bubble heard all of these talking points back then. Millions of people's financial lives destroyed, yet these cockroaches march on with their bullshit like it never happened. Disgusting.
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Thank you for sharing this information. The information was very helpful and saved a lot of my time.
smith8051 5 months ago
i am renting a single family house in sunset district of San francisco for 1600 a month. the neighbor sold his house for 700k in 2010
are you saying I could be saving money if I bought that house which is just like the one I'm renting?
I checked the property tax of my new neighbor. it is more than 8000 dollars a year. not to mention the interest
SmallShark 9 months ago 2
@SmallShark the beauty of real estate is that each market is local and each buyer/seller has a unique situation. This video is not a guaranteed scenario for everyone, however in the Irvine market in many cases, depending on the buyer and property, buying is ultimately cheaper than renting if the buyer has 20% down, not to mention the tax benefits after the fact. It sounds like your specific scenario is unique because in Irvine, a $700K home would bring in over $3500+ in rental income.
robertmack10 9 months ago
Meanwhile prices continue to drop.
jvolstad 9 months ago
Pay little more? How about 3 times more with additional risk. And what has he been smoking. The landlord is not making anything on appreciation, his property is depreciating.
bolder99 1 year ago
pass me the koolaid! this guy has sold me on home ownership! patrick.net
prrnrngr 1 year ago
This guy is worse than a used car salesman.
"Here is why you should buy the product I'm selling and stop saving your hard earned money for something better".
This dude is just a giant ahole.
chrisredfield818 1 year ago 2
So if you sell more properties then you make more money...... ok your wearing a suit so we should trust you. Why don't you mention that right now that if you buy a house that you will pay more to interest then you will pay in rent....... that means that if you rent you will be able to save more and you will have a higher quality of life. STOP CONNING PEOPLE
danjoe77 1 year ago 2
It makes him feel sooo good as he cashes his commission check. And he wishes all the renters out there would also give him a commission check. Dude, you're a Used House Salesman, and your days are numbered. At least used car salesmen OWN the car, so you HAVE to buy it from them. Real Estate Agents don't own anything. They want you to pay them to help fill out some paperwork. The days of needing an agent to find a house is long gone. So long, dinosaurs!
squidlyscrubbo 1 year ago 2
In other news; the car dealer thinks its a great day to buy a car, the butcher thinks its a great day to buy a steak, the carpenter thinks its a great day to build that hutch.
bdrasin 1 year ago 2
A realtor wants me to buy? To stop renting? Holy shit, no way!
NAR is a cartel. The RE industry as it exists today thrives on ignorant, unsophisticated, and harmful misinformation like this to permeate to the naive populace. Anybody that watched NAR's campaign during the housing bubble heard all of these talking points back then. Millions of people's financial lives destroyed, yet these cockroaches march on with their bullshit like it never happened. Disgusting.
stinkypoon 1 year ago
You sure you don't want to disable comments?
joekkl 1 year ago