ilmscore | Making $200K/Year With the Least Amount of Rentals Possible

Predictions from this Video

Total: 6
Correct: 0
Incorrect: 0
Pending: 6
Prediction
Topic
Status
Dion's children are predicted to inherit millions.
"now my kids won't inherit a parent they have to take care of instead they'll probably inherit millions as just an accidental byproduct of me trying to figure out how not to have to work."
Inheritance
Pending
Dion expects to consider diversifying into stocks or crypto once his net worth reaches $10 million.
"I don't think I'm wealthy enough yet to need to diversify I think a $10 million net worth I'd probably start looking at I'll probably buy some stocks or crypto or something"
Investment Strategy
Pending
If rent control policies pass, landlords will become significantly wealthier, and more tenants will become homeless.
"It makes the landlord stupid rich and it makes more tenants homeless."
Rent Control Impact
Pending
If Washington's proposed 7% annual rent cap passes, Dion predicts his rental income/profit will triple due to being forced to raise rents to the maximum every year.
"Now, Washington wants to cap it at 7% per year... I'm forced to do 7% per year. So I would get on a $2,000 rental $100 more in two years versus I will now get $140 more per month per year. I'll triple my income, my profit because of rent control."
Rent Control Impact
Pending
Real estate can lead to wealth quickly, specifically within a 10-year timeframe.
"Because the magic trick is real estate is a get-richquick scheme. You just have to understand that 10 years is quick."
Real Estate Investing Timeline
Pending
Dion predicts that listeners will be alive in 5 years.
"You are going to be alive in 5 years. You should start investing like it."
Personal Future
Pending