ilmscore | Selling All My Houses :(

Selling All My Houses :(

Published: 2021-12-02
Status: Available | Analyzed

Predictions from this Video

Total: 6
Correct: 0
Incorrect: 0
Pending: 6
Unrated: 0
Prediction
Topic
Status
The speaker is selling real estate holdings due to the anticipated negative impact of inflation.
"if i'm decently profitable what advantage is there to selling out a bunch of my real estate well there's this thing called inflation going on and it really is going to hurt and is hurting a lot of people"
Real Estate Investment Strategy
Pending
Properties that were acquired for $20,000 are now estimated to be worth between $60,000 and $100,000 or more.
"my twenty thousand dollar houses aren't worth twenty thousand dollars anymore most of them are worth 60 80 100 000 sometimes more"
Real Estate Valuation
Pending
The speaker plans to refinance existing 20-year mortgages at 6% interest into new 30-year loans at 3.5% interest from commercial lenders.
"exchanging my 20-year mortgage at six percent interest for what i've already been able to get from several big commercial lenders which is a 30-year loan at 3.5 percent"
Mortgage Refinancing
Pending
Refinancing mortgages is projected to result in monthly savings of approximately $4,000.
"if you would look at the savings that i would experience it's about four thousand dollars a month"
Monthly Savings
Pending
The speaker is actively improving company management by hiring managers and a personal assistant.
"as i increase the quality of the management in my company which is something i'm doing now because i'm hiring managers i've got a personal assistant"
Business Management Improvement
Pending
The business is experiencing increased revenue growth in the post-coronavirus period.
"and every month now we're making more money coming out of coronavirus very strong"
Business Revenue Growth
Pending