ilmscore | Strategic Real Estate Investing: Navigating Property Choices, Market Trends, and Tax Strategies

Predictions from this Video

Total: 10
Correct: 6
Incorrect: 4
Pending: 0
Prediction
Topic
Status
US inflation is predicted to worsen over time due to government money printing.
"inflation is still real the government's still printing money and this is something that's only only going to get worse over time"
US Inflation
Incorrect
The Federal Reserve's interest rates are not expected to drop below 3.99% in the future.
"get rates at 3.99% on new construction that's going to be below you know what the FED is likely to lower the interest rate to anytime in the in the future"
Interest Rates
Incorrect
It will become increasingly difficult for people in the US to grow wealth and become homeowners long-term, leading to a higher proportion of renters.
"we are set up long term with where prices have gone where it's going to be very difficult to you know continually grow um your people to grow their wealth and allow them to enter into the part where you know they can actually become um you know homeowners they're going to be renters in most of these places"
US Homeownership & Renting Trends
Correct
Short-term rental properties are predicted to take 1-2 years to reach their optimal income performance.
"usually short-term rentals take a year or two to really perform an optimal income"
Short-term Rentals
Correct
People will continue to migrate to the Midwest and Southeast US due to lower cost of living and lower tax burdens.
"the ease of which it is for people to move whenever they look and see oh look it's cheaper to live in the Southeast I can pay less in taxes if I move down there as well that is going to be the thing that continues to drive people into these areas [Midwest/Southeast]"
US Population Migration
Correct
Most families, unable to comfortably afford current living costs (requiring approximately $180k-$190k income for a family with two children), will increasingly be renters.
"most families don't make this amount [180-190k] and so guess what they're going to be stuck doing at least in their life and that is probably renting"
Housing Market
Correct
Due to high cost of living, people will increasingly choose to rent and are likely to relocate to more affordable areas.
"people out of necessity yes they're going to rent and they're also likely going to relocate to areas where there's more affordability out of necessity"
Population Migration
Correct
Inflation and related economic issues in the US are predicted to worsen over time, exacerbated by government money printing.
"inflation is still real the government's still printing money and this is something that's only only going to get worse over time"
US Economy
Incorrect
Lower cost of living and tax burdens in the Midwest and Southeast will continue to drive population migration to these regions.
"that is going to be the thing that continues to drive people into these areas you know Midwest Southeast"
Population Migration
Correct
Investors who secure new construction loans at 3.99% interest rates are predicted to not need to refinance those 30-year loans.
"you likely won't ever have to refinance that loan because at such a low rate that you're walked into for 30 years"
Mortgage
Incorrect