Do NOT Invest In Real Estate In 2024

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  • @bernitup6492
    @bernitup6492 8 місяців тому +12

    Before buying my home in 2021, I was set on buying a multi family between 2019-2020 and I am glad that I did not cause that moratoriums would have killed me. Hate that others can tell you what to do with your properties and people that think they can just stop paying rent. Big lesson learned, I will never buy to rent in CA.

    • @OneRentalataTime
      @OneRentalataTime 8 місяців тому +2

      Nice

    • @hellaloud9224
      @hellaloud9224 8 місяців тому +2

      Do you think it would be worth it in a state where the laws side more with the property owner?

    • @bernitup6492
      @bernitup6492 8 місяців тому +2

      @hellaloud9224 Yes.

  • @roadtovalorexpert
    @roadtovalorexpert 6 місяців тому +1

    Hell thank you for this video, currently looking to buy my first property with the goal of becoming financially free

    • @JebSmith
      @JebSmith  6 місяців тому +1

      You can do it!

  • @EvaAgnieszka
    @EvaAgnieszka 8 місяців тому +19

    Venturing into real estate amidst a rising stock market requires a strategic approach.
    Maybe some day I'll be an expert in real estate too but definitely that day isnt today lol

    • @RakdgsiMaisgsuah
      @RakdgsiMaisgsuah 8 місяців тому

      I share your concerns. Real estate in a bullish market can be tricky. I've been considering consulting a finance advisor for guidance. Do you have any recommendations?

    • @RakdgsiMaisgsuah
      @RakdgsiMaisgsuah 8 місяців тому

      Looking to get in on a one time deal here

    • @EvaAgnieszka
      @EvaAgnieszka 8 місяців тому

      No dear sir..
      Was hoping to find , well I'll keep going through comments under this video..

    • @queenrobert-un3pi
      @queenrobert-un3pi 8 місяців тому

      ​@@EvaAgnieszka
      You could do the same or look him up on Google to satisfy curiosity.
      His reputation precedes him

    • @RakdgsiMaisgsuah
      @RakdgsiMaisgsuah 8 місяців тому

      ​@@queenrobert-un3pi
      Sorry look who up?
      Can't seem to find your comment

  • @DarkKnightBruce
    @DarkKnightBruce 7 місяців тому +1

    So, we are trying to buy our first ever home. Kid wants one. She's 50 (over the Hill) and I'm late 40s. We got some money, finally, and are now pre-approved at 6.x%. We start researching and find this video! Do you hate us or was that just a click-bait title? For once, I'm actually hoping it's click-bait.

  • @oregonhomeswithmariahcrawford
    @oregonhomeswithmariahcrawford 8 місяців тому +1

    Great video, always appreciate the info!! 🙌🏼👏🏻

  • @andyrue2604
    @andyrue2604 8 місяців тому +2

    Thanks for video. Much appreciated

    • @JebSmith
      @JebSmith  8 місяців тому

      🙏🏻🙏🏻🙏🏻

    • @JebSmith
      @JebSmith  8 місяців тому

      Hi @andyrue2604, thank you for leaving a comment, I'm glad you found the video helpful. I appreciate your support and will continue making informative content. If you have any questions or suggestions for future videos, feel free to share. Happy Viewing!

  • @Omarfx007
    @Omarfx007 8 місяців тому +2

    Gracias amigos🚀🙏⚡️

    • @JebSmith
      @JebSmith  8 місяців тому

      Hola @Omarfx007, ¡muchas gracias por tu comentario! Apreciamos mucho tu apoyo. ¡Esperamos seguir brindándote contenido de calidad! 🏡🚀⚡️🙏

  • @MarkTucker-bl1jf
    @MarkTucker-bl1jf 8 місяців тому +3

    Also like Mike zuber

    • @JebSmith
      @JebSmith  8 місяців тому +2

      He's a smart dude.

  • @Hacker-rq9vo
    @Hacker-rq9vo 8 місяців тому +1

    Just curious, does the guidelines pop up for everyone, or did I say something that was considered rude in the past that prompted the guidelines to come up. I know I can be an economic Alex Jones at times. But never have the intent of ruining the vibes of the discussion.

    • @JebSmith
      @JebSmith  8 місяців тому

      Thanks for your comment, @Hacker-rq9vo! The guidelines pop up for everyone, it's just a standard feature designed to help maintain a positive and informative discussion arena. We wholeheartedly appreciate your economic insights and your intentions to keep the vibes of the discussion positive. Your comments are always valued and welcome! Thanks for watching and keep the economic Alex Jones spirit alive!

  • @Alpha_Mindset20
    @Alpha_Mindset20 8 місяців тому +1

    Great vid👍🏻 What are some of the best markets for fourplex or triplex properties at the moment for a first time investor? Thanks.

    • @JebSmith
      @JebSmith  8 місяців тому +2

      Some great markets to consider for triplex or fourplex properties at the moment would be Dallas-Fort Worth, Texas, because of its economic diversity and steady growth. Raleigh, North Carolina, is another safe bet due to its booming tech industry and population influx. If you're willing to manage from afar, Tampa, Florida and Cleveland, Ohio also offer attractive price-to-rent ratios. Remember to conduct thorough research on your targeted areas though, including factors like economic trends, rental demand, and local property laws.

    • @Alpha_Mindset20
      @Alpha_Mindset20 8 місяців тому

      @@JebSmith Thank you!!

  • @thangvo2118
    @thangvo2118 8 місяців тому +2

    Line of the day: write a disrepsectful offer!

  • @paulbunyan9436
    @paulbunyan9436 7 місяців тому

    Jeb, my wife and I bought a house last year and plan to tear down and rebuild which will take another year and a half...If we sell it, can we get the $500,000 tax exclusion for 2 years even though the new house was being built and we technically didn't "live" in it the whole time?

    • @JebSmith
      @JebSmith  7 місяців тому +1

      Hello @paulbunyan9436, in order to qualify for the $500,000 exclusion, you need to have lived in the home as your primary residence for at least two of the last five years before the sale. If you haven't met this requirement due to the rebuild, you unfortunately won't qualify for the full exclusion. However, partial exclusion may be available if the sale is due to certain unforeseen circumstances. I would recommend consulting with a tax professional for tailor-made advice.

    • @paulbunyan9436
      @paulbunyan9436 7 місяців тому

      @@JebSmith Great...Thanks Jeb😀

  • @ShaibalMondal-qf3sm
    @ShaibalMondal-qf3sm 7 місяців тому

    Hey Jeb,
    I noticed you are working on your content, but you need someone who can edit your videos better than your current videos.
    I specialize in Viral Video Editing and would love to help you go viral on social media.
    Reply if you want a free sample work!

  • @alucard4860
    @alucard4860 8 місяців тому +1

    Now it’s been confirmed rate cuts won’t happen for now. Maybe these idiots in my state who have been trying to raise house prices will realize their oops and drop prices… doubt it but who knows.

    • @JebSmith
      @JebSmith  8 місяців тому

      Hi @alucard4860,
      I appreciate your perspective on this issue. Indeed, the market can sometimes be unpredictable and frustrating. But remember, real estate is a complex game of supply and demand, and sometimes the factors that drive it are beyond immediate control. But hang in there, opportunities sometimes present themselves when least expected. Thank you for watching the video and sharing your thoughts.

  • @inspiremoments2
    @inspiremoments2 7 місяців тому

    Hi Jeb, my husband and I own an investment property in Wellington, FL and we would like to do a refi or cash out. Who would you recommend to work with? I’m also debating on an ARM loan because we intend to sell in the next 3 to 5 years.

  • @Scrollbandit_404
    @Scrollbandit_404 8 місяців тому +4

    Two of my favorites in this space. Glad you guys are collabing.

  • @nazeercurry5248
    @nazeercurry5248 8 місяців тому +3

    🥇🥇🥇

  • @mrxiong2567
    @mrxiong2567 7 місяців тому

    Let the desperate buyers buy now so when the market turns, they can lose their homes

  • @joeycowboy14
    @joeycowboy14 8 місяців тому +4

    Glad to see Mike Zuber on the channel! He is the investor I follow and have learned the most from. I watch his channel daily!
    Great collab Jeb and Mike!

  • @elmarespino6906
    @elmarespino6906 8 місяців тому +3

    Hi Jeb English is my second lenguaje I really appreciate your real estate videos. I learned a lot from your videos. Thank you for sharing your knowledge.

    • @JebSmith
      @JebSmith  8 місяців тому +1

      Hi @elmarespino6906, I'm really glad to hear that my real estate videos have been helpful for you. Your support means the world to me! Keep learning and never hesitate to ask if you have any questions. Thanks again for your kind words and for being a part of our community!

  • @roadtovalorexpert
    @roadtovalorexpert 5 місяців тому

    Goldmine 🔥🫡