ilmscore | Making Your Primary Residence the BEST Investment Ever (Better BRRRR!)

Making Your Primary Residence the BEST Investment Ever (Better BRRRR!)

Published: 2024-12-16
Status: Analyzed

Predictions from this Video

Total: 4
Correct: 0
Incorrect: 0
Pending: 4
Prediction
Topic
Status
One-bedroom apartment rentals are expected to be 'Recession Proof', performing well even during economic downturns.
"they're essentially Recession Proof"
One-Bedroom Apartment Rentals
Pending
One-bedroom apartment units are predicted to experience less tenant turnover compared to other unit types.
"the decreased turnover is also going to help with that because I think you'll have less turn in one-bedrooms"
One-Bedroom Apartment Turnover
Pending
An individual can achieve over $1 million in net worth within 20-30 years by acquiring 4-5 small multi-family properties (duplexes/quadplexes) at a rate of one per year over 5-6 years, using owner-occupied loans, and holding them until paid off.
"you can literally become a real estate millionaire by doing this with small multifamilies y over the course of like five or six years yep like if you just did this on duplexes and quad plexes for about like one a year for about four or five years and in 20 to 30 years those things are paid off you'll have over a million dollars in net worth like this"
Real Estate Investment Strategy (Primary Residence)
Pending
The era of high five-digit assignment fees (e.g., $25,000) for wholesalers, prevalent from 2018 to 2022, is unlikely to continue as the new norm in the future.
"the years were really good from like 2018 to 2022 where you could get these like huge five-digit 25 Grand you know assignment fees but like to I just don't know if that's normal or it's going to be the case going forward"
Wholesaling Fees
Pending