SS#4 - Housing Bubble About To Break
The Most Dwanderful Real Estate Podcast Ever!
Dwan Bent-Twyford
5.0 • 276 Ratings
🗓️ 14 July 2022
⏱️ 10 minutes
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Summary
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| 0:00.0 | Ebbar, I'm so excited that you are with me here today on another exciting episode. |
| 0:08.0 | Today we're going to talk about is the housing bubble about to break? |
| 0:14.6 | What do you guys think? |
| 0:15.6 | Do you think the housing bubble is about to break? |
| 0:17.8 | What do you think? |
| 0:19.1 | Let's say you. |
| 0:21.1 | So if you watch any news, I even heard a newscast of the day saying, oh, thinking about buying |
| 0:26.1 | a house too late. |
| 0:27.1 | I was like, wow, okay, not too snarky. |
| 0:31.8 | Like Sarah is like, don't you know, like crush people's hopes and dreams. |
| 0:36.6 | But this is a great time for real estate investors. |
| 0:38.7 | I'm going to tell you this is a great time for real estate investors. |
| 0:41.4 | If I go just talking to my son today, he just got a house on the contract today that |
| 0:47.3 | he's going to make about $150,000 on. |
| 0:50.3 | The people are behind on their payments. |
| 0:52.6 | The bank would not work out a four-bearing agreement with them or a loan modification |
| 0:58.9 | or anything. |
| 1:00.4 | So the people have a house that's worth, so I don't have a numbers exactly. |
| 1:04.8 | It's worth about 500 ish. |
| 1:08.4 | And they owe, so I don't know. |
| 1:10.4 | I need to get the exact numbers. |
| 1:12.0 | All I know is you got it under contract. |
... |
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