ilmscore | The “Lazy” Person’s Guide to Retiring with Rentals (in a Decade!)

Predictions from this Video

Total: 5
Correct: 0
Incorrect: 0
Pending: 5
Prediction
Topic
Status
Blue states will experience massive real estate appreciation due to limited new construction caused by stringent permit processes and the ongoing threat of rent control.
"in blue states there a long process for permits it's expensive the threat of rent control limits investors desire to build here so there's less building which means massive appreciation"
Real Estate Appreciation
Pending
The implementation of rent control will result in landlords becoming significantly wealthier and an increase in tenant homelessness.
"it makes the landlords stupid rich and it makes more tenants homeless"
Rent Control Effects
Pending
If Washington implements a 7% annual cap on rent increases, the speaker's income/profit from a $2,000 rental will increase by $140 per month annually, tripling his profit compared to his previous biennial increase strategy.
"now Washington wants to cap it at 7% per year... I'm forced to do 7% per year... I will now get $140 more per month per year I'll triple my income my profit because of rent control"
Personal Real Estate Income
Pending
In any city where rent control is implemented, rents will consistently be increased to the maximum allowable amount every single year.
"it's historically been proven every city where it happens rents push up the maximum allowable amount every single year"
Rent Control Landlord Behavior
Pending
Real estate investing can be considered a 'get-rich-quick' scheme, provided 'quick' is understood to mean approximately 10 years.
"the magic trick is real estate is a get-rich quick scheme you just have to understand that 10 years is quick"
Real Estate Investing Timeline
Pending