ilmscore | THIS IS GOING TO COST ME THOUSANDS!!

THIS IS GOING TO COST ME THOUSANDS!!

Predictions from this Video

Total: 6
Correct: 1
Incorrect: 0
Pending: 5
Unrated: 0
Prediction
Topic
Status
The speaker is planning to sell all remaining real estate properties they do not have a strong attachment to.
"I am selling the last few pieces of real estate that I have that I don't like, love, or like."
Real Estate Investment
Pending
The speaker is considering creating an investment fund focused on laundromats.
"I'm debating on doing what amounts an investment fund on laundromats. to do that the right way."
Laundromat Business
Pending
The speaker is considering selling their current laundromat to an investment fund, potentially to their subscribers.
"I might need to sell that's 66. This laundromat to the investment fund, which would be cool if I sold this laundromat to like all my subscribers."
Laundromat Business
Pending
The speaker highlights a significant difference between current rent for a 4-bedroom property ($650) and market rates (over $1000) after 7-8 years of minimal rent increases.
"the tenant there, he's been in there for seven or eight years. I think we've raised rent on him in 7 years by like 50 bucks a month, and it's now 650, and you can't find a fourbedroom in town for under a,000 anywhere."
Housing Market
Correct
The speaker considered investing $50,000 into a property to rent it out as a HUD house for an estimated $1,550 per month.
"I thought about getting it up, putting putting 50 grand in it and just renting it out as a HUD house cuz HUD will pay me $1,550 I think a month for this right now."
Real Estate Investment
Pending
The speaker will not acquire properties in similar condition again and plans to rebuild them from the studs, contrasting a potential $1,500 rent with a planned $700 rent after making it safe.
"And we're never doing a property like this again on a new acquisition. We're going to tear it down to the studs and rebuild the whole thing. But hey, instead of renting it out for $1,500, make it safe and rent it out for about 700."
Rental Property Management
Pending
The speaker believes there is a demand for affordable rental housing and encourages viewers to engage with the content.
"I promise. So, make sure you like the video, subscribe, post a comment below if you have questions. Thank you guys for watching."
Real Estate Investment
Pending