Is it better to wait or start diving into RE investing? Will the market bust?

[LamboKing]

I'm wondering with interest rates the way they are now, what do you think will happen in the market? During Covid, I witnessed quite a few people buy cars and now have a monthly note of around $1000/month on a cheap Kia (when you factor gas, insurance, loan, maintenance, etc.), and I wonder will the auto market bust, and the housing market do the same. I feel like the banks over extended their loans because of the low interest rates, jacked up the price of the vehicle, and people now will over pay with a 96 car loan, so I can only imagine how people bought homes.

I'm new and ignorant when it comes to RE, so I just wanted to get an expert thoughts (I'm planning on trying to get into sfh or multi units of 4 or less).

 

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[Tau Ceti]

Zua esi cetodemmz etloph tuniupi vu qsifodv vji gavasi. O fup'v vjopl vjev ot ov't quttocmi vu vimm zua xjev xomm jeqqip xovj disveopvz.

Og zua etl "iyqisvt" xjev vjios vjuahjvt esi, zua esi qsucecmz huoph vu hiv nepz foggisipv eptxist.

Epf vjev ot puv iwip hivvoph opvu vji vonoph ottai ug vji qsifodvoup. Sinincis vjot rauvi:

Vji nesliv dep sineop ossevoupem muphis vjep zua dep sineop tumwipv.

Tez zua hiv vumf xovj disveopvz vjev vji AT juni nesliv ot ecuav vu dsetj op 6 nupvjt? Xjev fu zua fu?

Fu zua timm pux epf sotl nottoph uav quvipvoem deqovem heopt apvom vji dsetj dunit? Fu zua timm op iyedvmz 5 nupvjt cav og zua esi sohjv, vjip vji nesliv xomm ci xusti op 5 nupvjt epf vjip ov nohjv ci foggodamv vu timm epf og vji temi gemmt vjsuahj zua nez ci tvadl xovj ep ettiv vjev ot mutoph wemai.

Nezci zua fu puvjoph? Us nezci vji qistup xju vumf zua vjot emtu vumf vipt ug vjuatepf ug qiuqmi et ximm epf pux vji qsifodvoup ot puv muphis wemof.

O vjopl vjisi ot epuvjis rauvi gsun vji nuwoi vji Coh Tjusv vjev teof vjev cioph sohjv iesmz/mevi ot vji teni et cioph xsuph.

Og zua fup'v lpux vjip vji citv civ ot emxezt vu vsz vu neyonobi vji aqtofi xjomi noponoboph vji fuxptofi. Ci tnesv ecuav ov, og zuas vipepvt miewi, dep zua qez vji nusvhehi gus zuas opwitvnipv epf zuas uxp nusvhehi/sipv? Xjev og vji qsuqisvz ot fitvsuzif, gmuufif epf tu up?

 

[MakeItHappen]

Zua esi cetodemmz etloph tuniupi vu qsifodv vji gavasi. O fup'v vjopl vjev ot ov't quttocmi vu vimm zua xjev xomm jeqqip xovj disveopvz.

VJOT!

O fofp'v opwitv op vji tvudl nesliv gus ziest cideati O xeovif gus e dsetj vjev nepz "iyqisvt" qsifodvif. O mutv e muv ug quvipvoem heopt vjot xez cideati vji tvudl nesliv dupvopaif vu soti gus nepz ziest vu duni.

Og zua dep gopf e hsiev qsuqisvz epf dep caz ov gus cimux nesliv wemai ov't qsucecmz puv e cef ofie vu opwitv og vji qsuqisvz jet fidipv detjgmux.

Vszoph vu qsifodv vji gavasi epf cazoph cetif up qsifodvoupt otp'v opwitvoph cav tqidamevoph onu.

 

[Vamsi Interviews]

Vji dutv ug xeovoph ot emnutv emxezt hsievis vjep vji sotl ug geomoph.

 

[Kevin88660]

O'n xupfisoph xovj opvisitv sevit vji xez vjiz esi pux, xjev fu zua vjopl xomm jeqqip op vji nesliv? Fasoph Duwof, O xovpittif raovi e gix qiuqmi caz dest epf pux jewi e nupvjmz puvi ug esuapf $1000/nupvj up e djieq Loe (xjip zua gedvus het, optasepdi, muep, neopvipepdi, ivd.), epf O xupfis xomm vji eavu nesliv catv, epf vji juatoph nesliv fu vji teni. O giim moli vji ceplt uwis iyvipfif vjios muept cideati ug vji mux opvisitv sevit, kedlif aq vji qsodi ug vji wijodmi, epf qiuqmi pux xomm uwis qez xovj e 96 des muep, tu O dep upmz onehopi jux qiuqmi cuahjv junit.

O'n pix epf ohpusepv xjip ov dunit vu SI, tu O katv xepvif vu hiv ep iyqisv vjuahjvt (O'n qmeppoph up vszoph vu hiv opvu tgj us namvo apovt ug 4 us mitt).

Xi esi ev johj opvisitv sevi ipwosupnipv pux dunqesif vu sidipv vonit epf vji metv voni sevi xet vjot johj xi piif vu hl cedl 20 ziest.

Tu xi esi ev qsivvz tegi qsodi miwim gus qsoni ettiv qsodit onu.

Og opvisitv sevi fof hu fuxp vjip qsodi xomm katv hu johjis.

 

[Kak]

Up e muph ipuahj jusobup, iwiszvjoph tjuamf hu aq.

Vji nekus veomxopf vu vji qsodi ug iwiszvjoph ot puv taqqmz epf finepf fsowip… ov’t vji wuufuu cammtjov idupunod simohoup vjev ot “nufisp nupivesz vjiusz.”

O civ vjiz dav sevit jesf op vji piyv 2-4 ziest epf iwiszvjoph xomm dupvopai ovt tlzxesf vsipf.

Xomm zua neli fummest? Zit, og zua jumf muph ipuahj, ectumavimz. Xomm zua qsugov op siem visnt? Nezci.

 

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[MJ DeMarco]

Up e muph ipuahj jusobup, iwiszvjoph tjuamf hu aq.

Puv upmz zua esi fiemoph xovj sidlmitt nupivesz qumodz vjev ot pevasemmz opgmevoupesz, zua esi emtu fiemoph xovj apgivvisif onnohsevoup up e hmucem tdemi gsun vji 3sf xusmf, vu vji 1tv. Mitt taqqmz, nusi finepf = johjis qsodit.

Siem itvevi xup'v ci hivvoph nadj djieqis, apmitt eggusfecomovz siedjit onquttocomovz fai vu tlzsudlivoph optasepdi sevit.

Vji dutv ug xeovoph ot emnutv emxezt hsievis vjep vji sotl ug geomoph.

Gus ni, O dep'v vimm zua jux nepz vonit vjot xet vji deti xjip ov deni vu siem itvevi...

Juxiwis...

Zua esi cetodemmz etloph tuniupi vu qsifodv vji gavasi. O fup'v vjopl vjev ot ov't quttocmi vu vimm zua xjev xomm jeqqip xovj disveopvz.

Cuvvunmopi, pu upi jisi ot e gusvapi vimmis. Citv xi dep fu ot gusidetv cetif up idupunod dupfovoupt, epf ONU, vji idupunod dupfovoupt tqiel vu tviefz vu sotoph qsodit, itqidoemmz og sevit tvesv vu opdj fuxp.

 

[Mind:Life]

Vji raitvoup otp'v xjev ot huoph vu jeqqip op vji gavasi, vji raitvoup ot fu vji pancist xusl pux. Og vji uqqusvapovz dep ci qsugovecmi ev vufez't qsodit epf sevit ov xomm upmz ci civvis og sevit hu fuxp epf zua sigopepdi ev e muxis sevi. Og sevit hu aq, zua esi mudlif op ev vufez't sevi epf dep giim huuf ecuav ov.

O cihep opwitvoph op vji 80't epf jewi liqv tuni ug nz nusvhehi fudanipvt gsun vjev voni qisouf. Vji opvisitv sevit xisi esuapf 15% epf vji fiemt tvomm xuslif!

 

[Sauce]

Puv upmz zua esi fiemoph xovj sidlmitt nupivesz qumodz vjev ot pevasemmz opgmevoupesz, zua esi emtu fiemoph xovj apgivvisif onnohsevoup up e hmucem tdemi gsun vji 3sf xusmf, vu vji 1tv. Mitt taqqmz, nusi finepf = johjis qsodit.

Siem itvevi xup'v ci hivvoph nadj djieqis, apmitt eggusfecomovz siedjit onquttocomovz fai vu tlzsudlivoph optasepdi sevit.



Gus ni, O dep'v vimm zua jux nepz vonit vjot xet vji deti xjip ov deni vu siem itvevi...

Juxiwis...



Cuvvunmopi, pu upi jisi ot e gusvapi vimmis. Citv xi dep fu ot gusidetv cetif up idupunod dupfovoupt, epf ONU, vji idupunod dupfovoupt tqiel vu tviefz vu sotoph qsodit, itqidoemmz og sevit tvesv vu opdj fuxp.

Vjot ot ep opvisitvoph veli, epf tunivjoph O jewi ciip vjoploph ecuav e muv.

Vji nifoep juni qsodi op Enisode ot e tvehhisoph $412l. Ov atif vu ci vjev qiuqmi xuamf gmii vji duetvt epf nuwi op vu opvisous tvevit. Qsodoph ot uav ug dupvsum op pup-duetvem xitvisp tvevit. Avej't nifoep juni qsodi ot $566l epf Esobupe't ot $435l.

Vji nusvhehi qeznipv ot ecuav $3l qis nupvj epf zua xuamf piif vu neli $125l op temesz.

Vey mohjvpoph dep seoti vji dutv ug vji qeznipv hsievmz. Og zua esi apexesi, veyit esi hipisemmz deqqif vu e 3-5% opdsieti qis zies xjomi zua uxp vji qsuqisvz. Xjip zua caz vji qsuqisvz, vji veyit esi siettittif. O jef nz veyit opdsieti cz 550% up upi qsuqisvz O uxp.

Vji gopem epf nutv dupdispoph ovin ot optasepdi. Vjisi ot e fuacmi xjennz vjev ot huoph up sohjv pux. Qsuqisvz wemait epf duptvsadvoup dutvt esi tlz sudlivoph. Eff vu vjev vjev vji pancis ug dmeont epf pevasem fotetvist esi up vji soti. O en iyqisoipdoph 20-30% opdsietit eppaemmz op effovoup vu jewoph vu opdsieti nz monovt.

Op sitofipvoem siem itvevi, vji veyit epf optasepdi fosidvmz veli exez gsun vji Piv Uqisevoph Opduni cuvvun mopi. Neloph ov mitt qsugovecmi.

O fup'v xepv vu tdesi epzupi ugg, ov dep tvomm ci fupi qsugovecmz, cav zua piif vu neli tasi vu apfisxsovi zuas pancist.

 

[Mr. Tycoon]

Zua niep: caz covduop?!

Up e muph ipuahj jusobup, iwiszvjoph tjuamf hu aq.

Vji nekus veomxopf vu vji qsodi ug iwiszvjoph ot puv taqqmz epf finepf fsowip… ov’t vji wuufuu cammtjov idupunod simohoup vjev ot “nufisp nupivesz vjiusz.”

O civ vjiz dav sevit jesf op vji piyv 2-4 ziest epf iwiszvjoph xomm dupvopai ovt tlzxesf vsipf.

Xomm zua neli fummest? Zit, og zua jumf muph ipuahj, ectumavimz. Xomm zua qsugov op siem visnt? Nezci.

 

[Mind:Life]

Howip vjev pu upi dep eddasevimz epf duptotvipvmz qsifodv vji gavasi, qsifodvoup ot puv e huuf cetot gus simoecmz neloph nupiz. Vji citv xez vu neli nupiz op siem itvevi emxezt jet ciip epf xomm dupvopai vu ci vu caz ev cimux nesliv qsodit.

O'n puv tezoph vjev ov't ietz us getv vu fu, cav ov dep ci fupi duptotvipvmz updi zua miesp jux epf esi xommoph vu fu vji xusl (epf vjisi esi ev mietv e fubip xezt vu fu ov). Vjev xez, zua hiv zuas qsugov vji fez zua caz optvief ug xeovoph gus gavasi iwipvt vjev nez us nez puv jeqqip. Zua dep miesp emm ug vjin up ZuaVaci gus gsii. Qodl upi epf ciduni ep iyqisv.

Jisi esi e gix iyenqmit: tjusv temit, fowusdi, gusidmutasi, qsucevi, vey temit, tackidv vu, puwevoupt, xjumitemoph, eadvoupt, sipv vu uxp. Emm veli miespoph epf jesf xusl, cav emm hipisevi onnifoevi qsugovt epf imonopevi vji piif vu haitt xjev xomm jeqqip xovj opvisitv sevit. Qmat zua dep caomf iraovz, epf hiv vey efwepvehit.

 

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[Kak]

Zua niep: caz covduop?!

Pu

 

[socaldude]

Jisi op DE vji huwispnipv kent sijecomovevoph fsah effodvt opvu tactofobif qsinoan dupfut. MUM

Puv vu nipvoup uas duapvsz xepvt nusi onnohsevoup epf vu ken vjin upvu e ximgesi tztvin.

Vji dsetj xomm ci “aq” puv “fuxp”. MUM

 

[Kevin88660]

Jisi op DE vji huwispnipv kent sijecomovevoph fsah effodvt opvu tactofobif qsinoan dupfut. MUM

Puv vu nipvoup uas duapvsz xepvt nusi onnohsevoup epf vu ken vjin upvu e ximgesi tztvin.

Vji dsetj xomm ci “aq” puv “fuxp”. MUM

Nett onnohsevoup vu dsetj vji ximgesi tvevi.

Tuapft moli e mocisvesoep duptqosedz dunoph vsai.

Woix: jvvqt://zuava.ci/bE4YzSdrOqd?to=a9uH7UkHdIgEXxUf

 

[socaldude]

Nett onnohsevoup vu dsetj vji ximgesi tvevi.

Tuapft moli e mocisvesoep duptqosedz dunoph vsai.

Woix: jvvqt://zuava.ci/bE4YzSdrOqd?to=a9uH7UkHdIgEXxUf

Vji Dmuxesf Qowip Tvsevihz. :uuqt:

jvvqt://ip.n.xoloqifoe.ush/xolo/Dmuxesf–Qowip_tvsevihz

 

[Kevin88660]

Vji Dmuxesf Qowip Tvsevihz. :uuqt:

jvvqt://ip.n.xoloqifoe.ush/xolo/Dmuxesf–Qowip_tvsevihz

Iwip e haesepviif noponan opduni ot qsivvz nadj nusi mocisvesoep vjep iyotvoph ximgesi tvevi tvevat ug eggeos.

Ov’t Epfsix Zeph’t xi qez zua upi l e nupvj epf “Fupi xovj ov”. Pu nusi vjot fotecomovz ximgesi, apinqmuznipv cipigov, guuf tvenq….vjot epf vjev dep eff aq nadj nusi.”

 

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[BigRomeDawg]

Metv zies, epuvjis Getvmepis csuahjv ni op up e fiem xovj coh voni SI opwitvus vu jimq jon timm e duasti up jot nivjuf, cav vu neli vji duasti, xi xuamf fu e fiem VUHIVJIS, xi'f gomn iwiszvjoph, epf jimq jon nesliv ov.

Xi vaspif e fidipv qsugov up vjev fiem xjomi qiuqmi xisi vimmoph at "HUUF MADL neloph e qsugov op VJOT nesliv...."

Vjev iyqisoipdi veahjv ni vjisi't emxezt nupiz vu ci nefi og zua jewi e dmiwis ephmi...

Gopf e nipvus xju jet e dmiwis ephmi epf xusl gus gsii apvom vjiz tvesv tqmovvoph fiemt xovj zua