ilmscore | Everything School Never Taught You About Money (25-Minute Wake-Up Call)

Everything School Never Taught You About Money (25-Minute Wake-Up Call)

Published: 2025-10-26
Status: Available | Analyzed

Predictions from this Video

Total: 5
Correct: 1
Incorrect: 0
Pending: 3
Unrated: 1
Prediction
Topic
Status
The speaker anticipates taking on more debt in the future, indicating a strategic approach to debt utilization for investment opportunities.
"And so now what I'm waiting for is I will I will have more debt."
Debt
Pending
The speaker prioritizes cash flow and growth potential in real estate investments, specifically looking at where businesses and money are moving, suggesting a strategy that is resilient to market fluctuations.
"So, you know, for me, I look at uh one thing, cash flow, and will I be able to see more growth in this area? So, I look where businesses are moving, where's money moving to, and then that's where I want to invest because I know if property prices go up, hey, it's icing. property prices go down, it's okay. I still got my rent, which is which is covering my costs."
Real Estate Investment Strategy
Pending
The speaker is shifting their primary investment focus from real estate to building their business, believing it offers greater future opportunity.
"But my focus now is building my business because I I see a bigger opportunity there for me uh than real estate."
Investment Focus Shift
Pending
The speaker recounts a significant real estate investment mistake with their third property in Detroit, highlighting it as a learning experience.
"It was my third property that I ever bought. It was a home in the city of Detroit. And I made every mistake possible."
Investment Mistakes
Pending
The speaker pursued a rental license for a property in Detroit, which involved inspections and adherence to regulations, indicating a commitment to playing by the rules despite potential complexities.
"So I said, 'I'm going to get a rent. I'm going to get a license for rental.' When you get a license for rental, they're going to send their own property inspectors out to the property and they're going to inspect it and make sure that it's okay."
Real Estate Licensing
Correct
The speaker states that a specific real estate deal was their only financial loss in that sector.
"And that was the only deal I ever lost money on."
Real Estate Investment Loss
Unrated