ilmscore | Ben answers Real Estate questions

Ben answers Real Estate questions

Predictions from this Video

Total: 17
Correct: 0
Incorrect: 0
Pending: 17
Prediction
Topic
Status
Bitcoin remains too new and is not yet widely accepted as a direct payment method for everyday transactions (e.g., at gas stations).
"I haven't invested in Bitcoin you know it's still too new to me... yeah but no matter where you go nobody takes it you go to the gas station you take Bitcoin new it's still new"
BTC
Pending
Donald Trump will not quickly resolve the ongoing Ukraine-Russia war during his current presidential term.
"he ain't gonna solve that war that quick"
Geopolitics
Pending
The US administration, under Trump, will broker a deal to resolve the Ukraine-Russia conflict where Ukraine shares its mineral resources (potentially for chip manufacturing) in exchange for financial benefits, leading to a mutually agreeable outcome.
"he sent the guy in there that's got a track record of making deals in the toughest city in the country or the world to make deals in and he threw him in there so you know it's all about Ukraine what do you got it's all about what you got it's all about money okay money okay... they got minerals minerals that could lead to making chips and all this stuff I believe and that's where their money's at so that's what they tap they cut a deal all right you're sharing your minerals you're not digging them out anyway because you can't afford to or don't know how to blah blah blah and then we'll get your minerals we'll convert them to money we'll spread it around and everyone will be happily ever after that's the deal you're going to make all right that's what it's all about money"
Geopolitics
Pending
The US government will sell off unused or underutilized properties to reduce the national debt and stimulate new developments that will generate future property tax revenue.
"he's got I don't know who he put in charge of that but uh maybe musk is sticking his nose in that but basically sell off all the crap we don't need if you don't need it get rid of it... then you take the proceeds from the sale and then we can buy down our debt or put it somewhere we need the money at okay and also when the government sells buildings it's going to raise revenue but the new development that comes in there is now going to turn into Revenue property taxes we're going to get they're going to get taxes on the money that's made in that building and the price and the real estate taxes so it's going to help and could better communities"
Government Policy / US Economy
Pending
Ben's sons are actively installing electric vehicle charging stations in their hotels and shopping centers, reflecting a belief that these will become a necessary part of future commercial properties.
"I got charg St out all my hotels I'm getting ready Aron was and his brother are making a deal putting him in our other hotels and some shopping centers or something you know it's just the future"
Automotive / Infrastructure
Pending
John's Pass restaurants and hotel rooms are predicted to be extremely busy ('popping like a firecracker') during the upcoming Spring Break (Spring 2025).
"it should be popping with spring break the restant pass popping the hotel rooms look great popping like a firecracker"
Tourism / Local Economy
Pending
A client buying a fourplex in Florida with an FHA loan is predicted to make $100,000 in profit within one year by following Ben's plan.
"he's buying a fourplex with an FHA loan with three and a half% down and and as soon as he buys that fourplex after we work the numbers if he sticks to the plan we came up with he'll make a $100,000 in one year on a little fourplex guaranteed if he just goes and does everything we discussed him doing"
Real Estate Investment
Pending
Severe floods in Florida, similar to the recent one, are unlikely to occur annually and are more likely to be a century-level event.
"that flood that came came haven't had a flood like that in a hundred years but it might come every year now we have to wait for another whole hundred years uh for that [ __ ] to happen"
Climate / Natural Disasters
Pending
Future building codes will prohibit residential use of first floors in certain areas, likely reserving ground levels for parking, requiring people to build upwards.
"first floors now code says you can't do anything on the first floor they make it tear down all these houses you can't live in them anymore now the poor people got to build up and hopefully they'll have enough money to do that down the ground level is only gonna be for parking"
Real Estate / Construction
Pending
Ben Mala plans to sell his boat soon and will post it for sale when it's live.
"I'm selling the boat by the way ding ding ding I'm going to post it when it goes live"
Personal Assets
Pending
A New York-style pizza shop opening in Ben's Griffin at Midtown shopping center in Lake Mary, Florida, will be extremely profitable ('kill it') due to high demand from 300 on-site apartments.
"I've got a pizza location that will it's just a way printting money if you come to our shopping center Lake Mary right now Griffin Midtown Griffin at Midtown look it up online we got no [ __ ] Pizza we got every other kind of food there we got no pizza and we got 300 apartments right on site and it's a really high class neighborhood...you'll kill it over there kill it baby"
Business Investment / Real Estate
Pending
The real estate market is entering a phase where more deals at lower prices are becoming available, making it opportune for low-ball offers.
"I keep telling everybody and it's starting to trickle in it's time to low ball the deals are coming"
Real Estate Market
Pending
Banks will be compelled to sell off billions of dollars worth of loans that are coming due, as properties are unable to qualify for refinancing at current high interest rates, leading to devalued collateral and increased market opportunities for buyers. Lenders are currently using 'delay and prey' tactics.
"I know personally banks that have recently sold like a blink of an eye a billion dollars worth of loans off their portfolio you know why because the loans are coming due soon and when the loans come due the property ain't going to qualify to be readjusted to today's interest rate it's impossible...the banks are selling a lot of these loans that are com and do...there's billions and billions of dollars worth of loans that have already came to and a lot of the big shot non recourse uh cnbss which I've never seen before are playing the game extend and pretend... now they've moved to delay and prey okay they're praying that the fraking rates are going to come down and these properties now rents have gone up somewhat so that's helped the situation but there's a lot of bad debt out there and then they're keeping it a real big secret right now but sooner or later they have to get rid of these [ __ ] loans that are just overdue...Now's the Time to lowball"
Real Estate Market / Banking
Pending
Home insurance rates in California and Florida are expected to decrease, as insurance companies adjust after overcharging led to customer attrition and self-insurance.
"I was told that the rates are coming down California I don't know after that fire here in Florida you're actually G to bring the rates down because the insurance companies found out that they screwed us so bad and charged us so much that a lot of us are decreasing our amount of insurance and a lot of us that don't owe money to the bank are saying you know what I'm going to self-insure...so you know insurance company sore a loss in Revenue so now they lowering the rates so they're not big fat greedy pigs anymore"
Insurance Market
Pending
The podcast will be broadcast every Wednesday night.
"every Wednesday night I donated everything I could I gave him Furniture I gave him a room"
Podcast / Media
Pending
Ben Mala is worried about Home Depot's lease renewal on his $15 million property, fearing he might be left with a vacant building and significant financial burden if they don't renew or negotiate a less favorable deal. He hopes the investment will remain good.
"I couldn't sleep last night thinking about is Home Depot gonna renew their lease with me that's what kept me up at night because if they don't then I'm screwed now I'm sitting here with a freaking $15 million building that's going to be empty I got to pay the taxes on and I got to find another a tenant for it...I got to Hope it's going to go back to being a good investment"
Commercial Real Estate
Pending
A significant increase in real estate short sales is anticipated if interest rates do not decrease, particularly from homeowners with expiring Adjustable-Rate Mortgages (ARMs).
"you're gonna see a whole shitload of short sales coming if interest rates don't go down from all the people whose time ran out... you'll see some if they took like a fiveyear arm where they only fixed for five years and then it went to an arm you're going to see those"
Real Estate Market
Pending