ilmscore | Prediction Details
"it's not it used to be like a year or two ago two years ago you could buy anything and then just you could just throw a dart and you were making 10% in a month or something off of house flips but nowadays with the inventory it's it's easy to [ __ ] up uh that's it I mean it's I think if you really do your due diligence it's it's easier to do but you know and you're you could avoid a lot of problems but it's it is easy to uh it's easy to mess up if you pay too much kind of like a car too I mean even then like some of these crazy cars don't buy cars for Investments that that era is over unless it's like a classic but even then it's like if you pay too high you know equity and how that plays out could you know the high price hurts you"
By Stock Market Live | June 26, 2024 | Pending
From video
MICRON EARNINGS 03:51:10 - 03:52:03
Interpreted Prediction
House flipping is no longer as easy or profitable as it was a couple of years ago, where one could make 10% in a month. Today, with current inventory and high prices, it's easy to make mistakes, emphasizing the need for thorough due diligence. The speaker advises against buying cars for investment unless they are classics, as high purchase prices can negatively impact equity.

Prediction Details

Topic
Real Estate Market

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