In this segment, Tom ‘The Biz Doc’ Ellsworth and Patrick discuss where the best place to put your money is when it comes to …
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In this segment, Tom ‘The Biz Doc’ Ellsworth and Patrick discuss where the best place to put your money is when it comes to …
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33 comments
Agree with the content. How come millions of people still don’t get it? Feels like intentionally someone keeps pumping the property market narrative.
Plus the rent collection
Completely ignored that someone else (the renter) is paying down the debt and providing equity to the owner. Also ignores the value of 1031 exchange in transferring capital gains to another property to continue growing equity.
Back in 2007, during my time working in real estate, I witnessed people purchasing newly built homes from builders with the plan to sell them before the closing of escrow to another buyer for a profit. The crash hit hard and fast, and I vividly recall many of these units ending up foreclosed upon, with the builder's plastic still covering the carpets.
Real estate is the smarter investment if you can work and aren’t dumb. If you buy a very broken down house you can fix it up over 2 years yourself and then sell it you can earn 50000 tax fee. But most peoples wives or kids won’t sleep in a house without heat or in a camper outside the house while it’s being worked on. They won’t switch their kids school every 2 years. They can’t do the work. But technically you don’t have to work if you can find a way to do that. 500k tax free is a million dollar salary. It’s also not buying it and looking at it. That’s how you really make money. Or you find a property with a house that you can subdivide and put another house on maybe and then move into the new house and there is 20000 thousand or more profit in that. But it’s like working in a farm. Or you can buy a big house to throw parties and sell insurance and podcast but I don’t know how to do that. And I hate people like that. Why have a house if you have to have it filled with strangers?
PBD your analysis on stocks or real estate is incorrect. You assume the person who buys the real estate is going to sell. Additionally, you make no point of the cost to sell the stock which is taxed as capital gains. I think a smart investor has both real estate and stocks. Over the long term I will take leveraged real estate over stocks.
Becoming a good trade takes time and patience. When I first got into trading I was liquidated twice, and lost my entire mortgage deposit. I could have given up, but decided to have a consultation with a fiduciary, and it was incredibly insightful.. 2years later and l'm up with 850k glad I made that decision.
Great clips guys
I remember in 2014 when I was working in real estate seeing people buy homes new from builders with the intention of selling before close of escrow to a new buyer for profit. The crash was so brutal and fast that I remember seeing a lot of these units foreclosed on with the builder plastic still on the carpet.
Real estate is only 1 way to make a million dollars out of a million other ways to make a million dollars.
Real Estate for Cash Flow. Reinvest your earnings
I think ur first million is easier in real estate but after 10m equity is key less headaches
you cant compare them. it depends on Individual situation. If real estate is not making your passive rental income then its not worth it
When the average price of a home is a million dollars where I live, my best option is stocks. Moving to another state isn't an option, and commuting from a more affordable area is a death sentence where I live.
Good debate but really not structured the right way. As others have said, re investor is not the same as re owner living in the home. Also, as others have said they did not take into account the tax stategies, leverage, etc Also both have cycles and we had a really bad stock market cycle in 2022 and a great re market in 2022. Now its flipped albiet re has not gone down much in value.
Very good debate .. That’s my dilemma .. I have a home but I have a lot of cash so I been investing I’m up 300% on stocks in 5 years an now I’m wondering if I should buy another home to add to my investments.. the thing is the stock market so good idk if it’s worth it at the moment but if I wait I might end up being priced out on buying another home …
I wish they taught investing at first school level. This would have been so much advantage for people to learn how to invest in stocks. I have tried all i can to invest in stock, but lost so many times, I really enjoy this video. Thanks!
I'm curious, for someone with less than $150K to invest, how would you recommend we enter the market? I am open to study some traders and copy their strategy rather than investing myself and losing money emotionally. What's your take on this approach?
I've actually been leaning towards DCA growth stocks such as NVIDIA and ROCKET LAB whos price has more than doubled since May while stacking funds on the side in my high yield savings to invest in real esstate syndicate groups that passively investing in apartment buildings (through Lifestyles Unlimited) (more time on my hands than single family rentals)
I still have my 401K working in the background but these days that alone just isn't enough especially if you want to enjoy it while you're young
Going to a cash car and creating a budget i can stick to have been key to creating the extra funds to invest
It seems they made a straw man. A real estate investor vs just a homeowner who has one single family they live in aren’t the same
S&P 500 is $5738 now and we got another quarter left 😎
Listen they both bring broth to bone , but i can tell you in my experience and that of many others … Your average real estate investor is a big mouth piker .
This analysis only counted assets appreciation, but forget the other three magics of RE: leverage, tax benefits, rental income, i would also argue RE are way less volatile and give you more peace of mind
Warren Buffett once said to treat investing in securities like real estate—you don't constantly check for gains. So, the recent bitcoin price drop doesn't bother me. I keep dollar-cost averaging and adding to my position, and I'm up 200% year-to-date because of this strategy.
You can always tell a really, really successful business person….they have to sit and do youtube videos like this one to pay their electric bill.
harder to get rich off stocks than it is to get rich off real estate
Seems like this debate revolves around people living in the real estate. Renting you get annual growth, rental income, and once it’s paid off by the renters you own it. Also, you have insurance to support your asset. Considering this it’s far better than stocks.
Transfer of wealth usually occur during market crash, so the more stocks drop, the more I buy, in the meanwhile I'm just focused on making better investments and earning more as recession fear increases, apparently there are strategies to 3x gains in this present market cos I read of someone that pulled a profit of $350k within 6months, and it would really help if you could make a video covering these strategies.
it's a classic debate. Real estate offers tangible assets and potential rental income, while stocks promise higher returns but with more volatility.
Asking a real estate agent whether you should buy a home right now is like to asking an alcoholic whether they think you should have a drink lol. Homes in my neighborhood that cost around $450k in sales in 2019 are now going for $800 to $950k. Every seller in my neighborhood is currently making a $350k profit. Simply unreal. In all honesty, deflation is what we require. The only other option is for many people to go bankrupt, which would also be bad for the economy. That is the only way to return to normal.
Always happy to come across channels like this, for investors to maximize their compounding power I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation.
Real estate investment has been a very good source of income and investment, but I really don't know its ups and downs.
I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my inherited portfolio of about $2.5m. I’m used to just buying and holding assets which doesn’t seem applicable to the current rollercoaster market plus inflation is catching up with my portfolio. I’m really worried about survival after retirement.