ilmscore | Beginner vs Pro real estate investor

Beginner vs Pro real estate investor

Predictions from this Video

Total: 4
Correct: 0
Incorrect: 0
Pending: 4
Prediction
Topic
Status
Rental properties are predicted to appreciate in value because rents are expected to consistently increase.
"And it's going to appreciate in value. Why? because typically rents only go up."
Real Estate (Rental Property)
Pending
The cash flow from rental properties is predicted to increase over time, providing long-term financial stability.
"So his cash flow is going to increase and he's set for as long as he wants."
Real Estate (Rental Property Cash Flow)
Pending
Buying and fixing up a house, then living in it for two years, will result in appreciation allowing for a tax-free profit of up to $250,000 (single) or $500,000 (married) upon sale.
"Buy a house, fix it up, live in it for two years, and it will appreciate. Everyone is entitled to sell their house and make up to $250,000 with no capital gains tax. And if you're married, half a million."
Real Estate (Personal Residence)
Pending
Construction material costs are predicted to increase every two months, causing changes in prices.
"the material go up every two months. So the prices change."
Construction Costs
Pending