Why Real Estate Investing Is Becoming Less Popular

Brian Davila Show - Real Estate Investing, Building Wealth, Faith Based

Wealthy Investor - Real Estate Investing, Real estate, Build Wealth, Faith Based

Flipping Houses, Rental Property, Real Estate, Business, Wholesaling Real Estate, Investing, Real Estate Investing

2.5 • 884 Ratings

🗓️ 19 April 2024

⏱️ 9 minutes

🔗️ Recording | iTunes | RSS

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Summary

Do you think the real estate hype is dying down?--If you would like to work with Brian on flips, wholesales, or coaching, check out this page - https://www.briandavila.co/home-7863Follow Brian on Instagram - https://www.instagram.com/thebriandavila/Follow Wealthy Investor on Social Media: https://www.instagram.com/_wealthyinvestor https://www.tiktok.com/@_wealthyinvestor -----If you would like to work with Brian on flips, wholesales, or coaching, check out this page - https://w...

Transcript

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0:00.0	I'm a less is tight right now.
0:02.0	Bro everything is so tight out here.
0:04.1	It's so annoying bro.
0:05.8	I get mad.
0:06.9	I'm like dude in California.
0:09.0	So the other day I was just like, you know what, I'm gonna just try MLS in California California I found deals that I can make 20K in one day
0:16.7	but the problem is like in California you want to make more.
0:23.0	Yeah, like if these if the house is going to resell for 450 I don't want to make 20K.
0:28.0	But in in Vegas people are doing that like straight up Like I'll talk to students in wealthy investor.
0:35.6	And they're like, oh, I locked up this deal.
0:37.4	I'm like, which deal?
0:38.4	Oh, on Idaho Street.
0:39.7	I don't know if you saw that one that recently was out there.
0:42.1	I was like, oh, what'd you get it for? I run the
0:44.0	numbers I'm like you're gonna make 20 K they're like yeah I'm like bro on a
0:47.7	four 70 ARV you're gonna make 20 K that's really wild. Yeah our minimum
0:52.3	that I try to shoot for is 30. Yeah. And then obviously as the price goes up like if it's a 550 retail, yeah,
1:00.8	480 like we try to make more like 40,
1:03.4	yeah at least, yeah,
1:05.4	forget about the 10% of AR view.
1:08.0	Oh, yeah, like that's not happening.
1:09.4	It's so annoying.
	...

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