ilmscore | My Tenant Just Trashed My House | The Aftermath

My Tenant Just Trashed My House | The Aftermath

Predictions from this Video

Total: 2
Correct: 0
Incorrect: 0
Pending: 2
Unrated: 0
Prediction
Topic
Status
The speaker plans to sell some California rental properties and reinvest the capital into Las Vegas real estate, commercial rental properties, or index funds.
"since I no longer live in California, it's begun to make a lot more sense to sell off a few of those first few properties and then move that into something else. Perhaps it'll be in Las Vegas. Maybe it'll be a commercial rental property. Or maybe it'll go back into index funds."
Real Estate Investment
Pending
It is recommended to maintain a home emergency fund equivalent to 3 to 6 months of home expenses to mitigate risks in real estate ownership.
"And in terms of how you could avoid this happening to you, first I think a lot of people paint home ownership as a fast way to make a lot of money. And don't get the wrong idea because it can be quite profitable, but it comes with the risk that something can happen. That's why it's so important to always have a home emergency fund equal to 3 to 6 months worth of your home's expenses at all times."
Real Estate Investment
Pending