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Millionaire Mindcast

The Airbnbust Is Upon Us & The Market Aftermath of New Inflation Data | Money Moves

Millionaire Mindcast

Matt Aitchison Media, Inc

Productivity, Stocks, Realestate, Lifestyle, Finance, Commercialrealestateinvesting, Personalgrowth, Entrepreneur, Business, Entrepreneurship, Rich, Mastermind, Money, Personalfinance, Millionaire, Mentorship, Realestateinvesting, Success, Mentor, Wealth, Investing, Millennials

4.4716 Ratings

🗓️ 15 February 2023

⏱️ 49 minutes

🧾️ Download transcript

Summary

In this episode of Millionaire Mindcast, the dynamic duo is back. Matty A and Ryan Breedwell jump into this past week's updates on world news, real estate, and market update. The market aftermath of the new inflation and the latest airbnbust? Tune in and find out. 

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Transcript

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0:00.0

I'd be very cautious of buying off of Airbnb numbers for a rental in suburban markets.

0:06.7

So be cautious of that.

0:08.1

I can't just look at the rent because I know a lot of people that underwrote their, you know,

0:12.8

investment and the income it's going to generate in a suburban area based on Airbnb numbers

0:19.5

versus a midterm or a long term, you know, conservative

0:22.8

number that you would get for rent. And those people are hurting. They're either liquidating

0:27.0

the assets. They're carrying an upside down, you know, in the red mortgage every single month.

0:34.1

And so thinking about that, be cautious of that.

0:42.2

Yeah. single month. And so thinking about that, be cautious of that. What's going on, guys? Welcome into today's episode of Money Moves. I am your host,

0:47.7

Maddie A, my co-host, Mr. Brian Bredwell. What up, guys. What I do, brother.

0:51.8

We cover all things, stocks, real estate, investing, and personal finance on this episode

0:56.8

of Millionaire Mindcast to help you on your journey to a million and beyond.

1:01.5

Everything from world news, economics, and of course what's going on in the financial markets

1:06.5

and the real estate market.

1:08.2

We got some great updates for you guys in today's show.

1:12.6

Big news on CPI and inflation.

1:15.2

We'll get the stock market's reaction.

1:17.2

We'll get Mr. Breedwell's reaction.

1:19.2

We will get the National Association of Realtors reaction

1:22.7

and how that ties into rates in the housing market.

1:25.4

We've got some thoughts and some feedback coming in from

1:29.0

Mr. Breedwell on his biggest concern that he's paying attention to in the market right now and

...

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