2021 housing market crash | The Kwak Brothers

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Pay Off Your Loan Or Invest? Know What’s Better For You

Time and time again, I see people choosing to focus either a mortgage or an investment but not both at the same time. But which option is better to start with? In this article, I will show you how you can invest AND pay off your mortgage without the diminishing effects of either process. I want to show you that it’s possible to pay off your mortgage and invest simultaneously. More often than not, such a decision often depends on your financial situation. While many people believe that paying off money is best since it saves on your interest payments, others may want to invest their extra

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BREAKING! The Eviction Problem Just Got WORSE 😧

The eviction moratorium has completely expired and the US Supreme Court ruled against the CDC wanting to extend the moratorium. In addition to this, recently the Federal Unemployment Benefit also expired this week and the Biden Administration has no intention of bringing the unemployment benefit back as the economy is starting to open up.  https://www.youtube.com/watch?v=uaTUQruQjKQ In this video, I’m going to unpack what this all means and how real estate investors could potentially benefit from the eviction

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February 9, 2021

The BEST Real Estate Investment Strategies For 2021

The BEST Real Estate Investment Strategies For 2021! There has been a lot of speculation about what will happen with the housing market in 2021, is it going to crash? Is it going to keep getting propped up by the central bank? Who knows! But one thing that I do know, in order to be successful in real estate investing, is to have the BEST real estate investment strategies for the year 2021. Not all real estate investment strategies are a one size fit all, there are specific ones that you need to focus on, especially in a housing market crash. According to many of my friends and colleagues who made a boatload of money during the 2008 housing market crash, there are a few real estate investment strategies that you should be focusing on. In this video, I talk about what these strategies are and how they can benefit you during the 2021 housing market crash. Register for our live event on January 26, 2021 Deal Closer Live! https://dealcloserlive.com/main-register 0:00 Intro 1:20 The First Real Estate Investment Strategy 5:10 The Second Real Estate Investment Strategy 8:29 The Third Real Estate Investment Strategy The first real estate investment strategy I’d recommend using for 2021 is short sales. Short sales are when there is a sale of a real estate property, where the bank takes a significant loss on the property because the current occupant is so far behind on their mortgage payments, that the lender will take less for the property. This was a popular strategy during the 2008 housing market crash because this was the case for many unfortunate homeowners during that time. The second real estate investment strategy I’d recommend using for the 2021 housing market crash is a lease option. A lease option is when a real estate investor actually controls the distressed property first before this strategy can be used. Lease options are good for price control of the property, as well as stability with options for the tenant. The third real estate investment strategy I’d recommend using for the 2021 housing market crash is owner financing, also known as seller financing. Seller financing is a staple in the Kwak Brothers real estate investment strategies. It’s how we were able to acquire 75 units in just one year, we even wrote a book about it (https://0to75units.com). But many banks do not want to have to go through the process of foreclosure, there are several fees and costs associated with that. Also, if a property owner is looking to exit their property ownership for whatever reason, seller financing is a great way to incentivize the seller to sell because of some tax mitigation that could come along with owner financing.
November 18, 2020

Housing Market: What Robert Kiyosaki Just Said (Socialism In America)

Housing Market: What Robert Kiyosaki just said about Socialism in America. With recent events unfolding with the 2020 Presidential election, the current President-elect, Joe Biden and his Vice-President, Kamala Harris, have ties to the far-left, specially Democratic Socialism. I was recently listening to Patrick Bet-David’s podcast with Robert Kiyosaki, and the Rich Dad Poor Dad author was very concerned with the election outcome (not because Trump is his friend). Robert Kiyosaki is VERY concerned with the US turning into a socialist country, but even in his own words, it gets worse, to full blown communism. In this video I talk about what the housing market is like currently and how much it would change if the US moved into a Socialist/Communist style of Government. Original Podcast Link: https://www.youtube.com/watch?v=qynOiYsbYJU When Robert Kiyosaki flat out said, we are moving to a Socialist style of government in America, I felt like this needed to be addressed. Especially in the Housing Market, because as we all know, in Socialism, nothing is owned by a person, but a governing body. So that brings up the question what exactly would happen to the housing market in a Socialist style of government? Well the first thing I can tell you is that we currently HAVE socialist style programs implemented in our economy. For the housing market, it’s called Section-8, it’s where the government puts up 75% of monthly rent for folks who qualify. Has the program worked? I’m not completely sure, but just listen to what I have to say about the New York section-8 program and let me know if it has worked out or not. Socialism in America is a growing idea among many people in my age group. But what they fail to understand about Socialism in America is, the work that goes INTO being a landlord and managing a property. For example, go to a DMV, you see not everything is great, it takes forever, facilities are never upkept, and lets be honest, they DON’T hire the nicest people. But if the DMV was a privately owned establishment, it might be a different story. And that’s the same as for housing. Generally, landlords want to make sure their tenants have everything they need and fixed in the timely manner. Now do you think the government has enough man power and money to get what you need fixed in your apartment ASAP? Government work is slow work. A Landlord on top of taking care of tenants, is putting their financial well being at risk. Landlords take out huge loans and are liable for anything that happens to the residence.
October 14, 2020

Housing Market Crash 2021: What to Do During the Market Crash

There is a housing market crash 2021 coming around the corner, are you prepared? In this video, we’re are going to be talking about the housing market crash 2021 and what you can do to prepare for it. And at the end of the video, I will be giving you guys 3 things that you need to be doing, RIGHT NOW, to prepare for the market crash to put yourself in the best position for real estate investing. There are a few things that happen during a market crash, the value of real estate goes down, there is an abundance of motivated sellers (especially in the upcoming housing market crash 2021), and banks get tighter with lending. Since defaults are at an all-time high with the current real estate crash, banks will tighten their lending requirements. But in this video, I am going to give you some real estate investing strategies to prepare yourself for the housing crash 2021. How to Pay Off Your Mortgage in 5-7 Years: https://www.youtube.com/watch?v=3f-ebCjeH8o Now, what are the 3 things you should be doing RIGHT NOW to prepare for the housing market crash 2021. NO, it’s not buying a new property, right now because of the historically low-interest rate. Real estate investing strategies require the right time to invest and right now is not that time, but be patient that time is right around the corner. The 3 things you should be doing right now to prepare for the housing market crash 2021: Building A Team: Starting getting to know people like; real estate lawyers, wholesalers, bankers, brokers, the list goes on. That way when you get into a real estate investing deal, you have a list of people you can call on for the proper advice. The housing market crash 2021 will provide MASSIVE opportunity to get into real estate investing deals. Build Relationships on Capital: You can’t do anything unless you have the capital to get into real estate investing deals. In order to capitalize on the housing market crash 2021, you’ll need the money, but it doesn’t have to be yours….(other people’s money) Opportunistic Lead Flows: It’s a system to set-up ways of getting leads through your network. The housing market crash 2021 will have a lot of opportunities, but you can’t always go out and find it, so what better than having someone send it to you!