ilmscore | Real Estate Investing For Beginners - Ultimate Guide 2024

Real Estate Investing For Beginners - Ultimate Guide 2024

Published: 2024-04-04
Status: Available | Analyzed

Predictions from this Video

Total: 8
Correct: 6
Incorrect: 1
Pending: 1
Unrated: 0
Prediction
Topic
Status
Predicted that real estate property values will increase if inflation gets out of control.
"because if inflation gets out of control then your property will just go up higher in value"
Real Estate
Correct
Predicted that attorney fees for transferring property to an LLC will not be expensive.
"attorney do this it's not going to be expensive because this is very basic stuff for them"
Legal Services (Real Estate)
Correct
Predicted that choosing not to deal with tenants in real estate will cost money.
"if you don't want to deal with tenants then it's going to cost you money"
Real Estate Management
Correct
Predicted that many real estate properties will lead to financial losses if not properly analyzed.
"you're going to see that many properties the math just doesn't work out and you would lose lose money"
Real Estate Investing
Correct
Predicted that having a good credit score will result in lenders offering lower interest rates.
"if you have a good credit score then lenders will give you a lower interest rate"
Lending
Correct
Predicted that having a bad credit score will result in lenders rejecting loan applications or offering higher interest rates.
"if you have a bad credit score then lenders are just going to reject you or they're going to offer you higher interest rates"
Lending
Correct
Predicted that owning a rental property will most likely not increase an individual's taxes.
"your rental property is most likely not going to increase your taxes"
Real Estate Taxes
Incorrect
Predicted that managing a rental property will not be difficult once an investor gains experience.
"once you gain some experience and you get into the rhythm you're going to see it's not that difficult"
Real Estate Management
Pending
Predicted that engaging in rental property investing will open up a new sector of investment opportunities.
"and if you do this you will open up a whole new sector of investing opportunities for yourself"
Real Estate Investing
Correct