Why Nobody Can Afford Homes - How to Beat High Rents with Savvy Real Estate Investing

In this video, we delve into the transformative world of real estate investment in today's economy. Whether you're a first-time homebuyer, an experienced investor, or simply curious about the market, this video is packed with essential insights tailored just for you! How to reach out to Mark & Pekens: Hear directly from seasoned real estate agents Mark Tozay and Pekins Antoine for insider advice on navigating the market. Mark's Email: [email protected] Mark's LinkedIn:   / nekado-l-tozay-2089156a   Pekens' YouTube:    / @pekensantoine   Pekens' IG:   / pekens   ⏳ Timestamps 0:00 Intro 2:39 The Price of Private Equity Buying Up Single-Family Houses 3:02 Real Estate Agent Mark Tozay's Intro 4:42 Commercial Real Estate Agent Pekins' Intro 5:33 What's a REIT? 7:39 The Effect of the Pandemic on Real Estate Prices 8:18 Bidding Wars on the Rise 8:49 Banks Increased Pre-Approval Amounts 9:38 Banks Gave Buyers Cash to Compete Against Other Cash Buyers 10:05 Foreclosures: The Inevitable Risks of These Unusual Activities 10:51 How Home Buyers End Up Under Water 13:08 How to Manage the Risks of Rising Costs After Buying Your House 13:39 Real Estate Insurance is More Expensive and Harder to Get 14:30 Private Mortgage Insurance (PMI) Costs Have Increased 15:05 How to Lower Your PMI Costs 15:36 Use Conventional Loans Instead to Avoid PMI 16:26 Either Way, You'll Pay the Costs 17:41 What are the many fees during and after purchasing a house? 18:31 You Should Buy Home Warranty 18:56 Be Willing to Do It Yourself 19:19 Fees Investors Should Expect 21:51 YouTube University is Free for Saving Money Maintaining Your Property 24:14 You Don't Have to Be Hands-On if You Plan for Maintenance Costs 25:58 How to Plan for Closing on a House 26:31 Have a Strategy in Place for Your Closing Costs 27:37 Consider Selling Financing & Concessions 28:23 Consider PHFA 29:29 You Should Reach Out to These Agents For Guidance in Real Estate 29:57 How to Contact RE Agent Mark Tozay 30:22 How to Contact RE Agent Pekens 30:49 Why You Should Start Talking to an Agent Today 32:08 How to Plan for Closing Costs of an Investment Property 32:43 You Have to Start Saving Up and Increase Your Income 34:56 How to Seller Finance Your Investment Property 36:25 Real Estate Investors Have to Get Creative to Close Deals 36:57 Consider Refinancing Your Existing Property to Get Cash for Your Next Investment 37:28 Consider Getting a Hard Money Loan 38:12 Don't Pay Your Mortgage Alone - Consider House Hacking Your First Investment Properties 39:33 House Hacking is Great With Duplex, Triplex, and Quadplex 40:02 Have Your Investment Profits Pay For Your Family Home 40:28 How to House Hack a Duplex 41:52 It's Important to Consider All Your Options 42:47 The Best Time to Start Your Investment Plan is Today 44:49 The Effects of Interest Rates on the Real Estate Market 45:54 Low Interest Rates Created More Competition for Home Buyers 46:39 Private Equity Bought Up Many Single-Family Houses 48:06 Don't Be Too Concerned About Interest Rate Changes 49:43 Mind the Math to Create Your Own Outcomes 50:40 Be Patient When Choosing Investments 50:55 How Do I Deal With Interest Rates Being High? 52:02 Being a Property Owner Gives You Leverage 54:07 High Interest Rates Eliminate Your Competition 55:00 You Can Refinance When Interest Rates Go Back Down 55:30 Owners Get to Build Equity While Renters Pay More -- Be an Owner 56:01 You Can Earn More Money During High Interest Rate Periods By Simply Moving Your Money Around 56:37 Look Into HELOC Refinancing 57:19 Probably cut this part 57:21 Consolidate Your Debt to Lower Interest Rate Accounts 58:04 Move Your Savings to High Yield Bank Accounts 58:25 Use the BRRRR Method 59:46 There's Opportunity Everywhere 1:00:12 Don't Be Afraid to Start Investing in Real Estate 1:00:45 Study the Real Estate Market & the Economy 1:01:22 Do it Afraid 1:02:16 Buy Yourself a Better & Wealthier Future 1:02:34 Thanks to Our Expert Real Estate Agents 🧠 Here are more videos on the related knowledge: What are stocks?    • What are Stocks? Stocks Explained for...   Robinhood Crash Course - Start Investing With $1:    • Robinhood Crash Course — How to Start...   How Does Robinhood Make Money?    • How Robinhood Makes $400M a Year on F...   How to Protect Your Robinhood Account:    • Urgent Alert - Robinhood Users: How t...   Yes, Stocks Go Down:    • Yes, Stocks Go Down - These Four Stoc...   What are warrants?    • What is a Stock Warrant? Stock Warran...   What are Special Purpose Acquisition Companies (SPAC)?    • Special Purpose Acquisition Company (...   Video transcript:   / 5909ef5e16f1   ----------------------------------------------------- 🙏🏾 Thanks for watching http://BullAcademy.org with Lincoln W Daniel ---------------------------------------------------- DISCLAIMER: This and all of my videos are for entertainment purposes only. My statements are my opinions and should not be accepted as financial advice.