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Grilling JR

Episode 186: Bret Hart 1997 (The Montreal Screwjob)

Grilling JR

Podcast Heat

Sports, Wrestling

4.76.1K Ratings

🗓️ 3 November 2022

⏱️ 105 minutes

🧾️ Download transcript

Summary

On this episode of Grilling JR, JR and Conrad continue their discussion from earlier in the year about Bret Hart's memorable 1997, and cover the infamous Montreal Screwjob from 25 years ago!

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Transcript

Click on a timestamp to play from that location

0:00.0

Hey guys, listen up. I know these days when you watch the news, it feels like it's one hit after another and it's all bad news for the economy.

0:06.4

Well, let me give you some good news. It's not all that bad when it comes to real estate. Let me explain. You see a year ago, man real estate was hot, hot, hot, everybody in their brother was trying to go out and buy another house.

0:17.9

What did that mean? It was so competitive that a lot of folks got discouraged. So let me ask you, have you thought about buying a house in the last couple of years, but maybe just couldn't win a bit?

0:27.6

I used to hear that all the time. Well, now is the time to buy. Yes, interest rates have creeped up a little bit, but what that's created is an opportunity for you.

0:37.4

A year ago, it wasn't uncommon for there to be more than a dozen offers on a home, many of which were over list. That is not the case today.

0:46.4

So if you got discouraged once before about trying to buy a new house, now's the time to take another look.

0:51.8

Now, yes, interest rates have creeped up a little bit, but you're not going to overpay for the home, but here's what you will do.

0:58.2

You'll stop throwing your money away on rent, and now you'll get a greater tax deduction. That's right.

1:03.2

You see at the end of the year, you're going to get a statement from your mortgage company that shows how much interest you paid.

1:08.0

And you get to write all of that interest off. That means you could get a huge tax deduction. You never get that as a winner.

1:14.8

Not only that, homes are still going up in value. Don't believe the hype, all of the economists believe long term realistic always works out.

1:23.3

Let me give you an example. Maybe way back when in the housing collapse of 2008, you bought in 2007 and maybe overpaid.

1:31.2

Buddy, if you hung in there, that house is worth a whole heck of a lot more now.

1:35.6

If you played in the stock market, you know what I'm talking about. You only lose money when you throw in the towel.

1:40.6

Real estate long term always performs well. So here's my advice to you.

1:46.0

Date the rate, marry the house. Find the house that you and your family love long term, because here's what's not long term.

1:54.2

These higher rates. I've yet to see a single economist who doesn't agree with me that rates are going to return.

2:00.6

So doesn't it make sense to get the house you want right now? And then when rates improve, man, just get a lower monthly payment.

2:07.1

In the meantime, you'll enjoy a greater tax deduction and that property is going to continue to appreciate, meaning you're building equity and wealth for yourself.

2:15.1

Not only that, how about this? We're going to save you some cash at buywithconrad.com.

2:20.8

We're going to give you the peace of mind of a seven year guarantee. When rates improve over the next seven years, not if, but when, that's my prediction, we'll refinance you again with no new origination points.

2:32.0

Think about that. That could save you thousands of dollars and give you the peace of mind of knowing that you got the right house for your family right now.

...

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