ilmscore | How to Buy Real Estate EVEN If You Have High DTI (Debt-to-Income)

Predictions from this Video

Total: 9
Correct: 0
Incorrect: 0
Pending: 9
Prediction
Topic
Status
House hacking strategy predicted to lead to millionaire retirement.
"I think that's a very easy way to retire as a millionaire in my opinion."
Real Estate Investing Strategy
Pending
Hiring a remote bookkeeper from a low cost of living area (e.g., Ohio, Kansas) will result in cheaper rates.
"I am sure if you go to like Ohio or Kansas or something you're gonna find a bookkeeper that will work a lot cheaper"
Business Expenses
Pending
David Green plans to hire VA bookkeepers to support his main bookkeeper and take on external clients, eventually offsetting his own bookkeeping expenses.
"what our my plan is is I want to hire a couple like VA bookkeepers to support my main bookkeeper and then start taking on additional bookkeeping services for small business owners with those people to eventually earn enough income to pay the salaries of that staff and have get that expenses off my books"
Business Strategy
Pending
Individuals with a specific financial goal, such as buying real estate, are more likely to manage their finances seriously than those with a vague saving goal.
"I found that the people that have a goal like buying real estate tend to get much more serious about their finances and where their money is going then when you don't have a goal and you just have this overall sense of I should be saving money but it's hard to be motivated"
Personal Finance
Pending
David Green plans to leave California and move to the South.
"I think I'm leaving California and I'm going to be moving to the South"
Personal Life/Relocation
Pending
David Green is exploring building a 10-bedroom co-living property using a room-by-room rental model.
"I am starting to turn over some stones and I'm looking into building like a 1010 property on there for pad split which is a co-living and basically the R by the room model"
Real Estate Development
Pending
David Green is renovating a house in Houston and plans to launch it as an Airbnb within a couple of weeks.
"I am renovating a house down the road from uh from here and launching that as a Airbnb here in Houston very excited... that will be launching in the next couple of weeks"
Real Estate Investment
Pending
David Green aims for his new Houston Airbnb to be the most 'design-forward' property in the city.
"that will be like I think the most designed forward property in Houston that's that's my goal the most designed forward"
Real Estate Investment
Pending
The current real estate market has fewer plentiful deals, requiring investors to search longer and move slower, reducing the need for rapid refinancing.
"in today's market there's deals out there but they're not as plentiful they're not everywhere you're going to have to look a lot longer for them so you're going to move slower which means you don't have to refinance as quickly"
Real Estate Market
Pending