They drink or down here hosted the cartoons. I'm gonna be talk about your money. You're funny. Is this your career and this God? Thank you for this. a wake up, call for the middle class pouch six as your duty. What your daddy's again, freedom in business and Finance Cardona Zone starts. What does it mean so that I do research to figure out and they share with you and get your input as you call them and as you comment below as to whether I'm right wrong or who know sometimes we just gotta, give alone figure out what is actually happening with most these things. Now, for the last twelve years, You got me hooked up here to my computer bet you down. Yes, sir, you do

Johnny Zone, is gained by the way you gotta know Johnny the camera guy he's my guy. he's probably more responsible for put those two million points on board than I am and when I say, points? I mean you subscribers people that a loyal to this channel. We give a hundred bucks away everyday enough that helps or not Johnny. We pick somebody in the comments here's a hundred that big deal with inflation is, like you know, maybe eighty bucks, something, but it is money to grant car down the aisle sign for I send you the honey and you do whatever you want with it Let me see, I'm gonna go Treasury. Ten year Treasury Well, Japan's money right now. If you would just want to look at your pants, might they been saying this they've been saying? Interest rates were going to go up for at least twelve years that I've been aggressively buying real estate I've been hearing about these interest rates, going up,

and that has not happened. Folks. In fact, every time they said they would go up tenure Treasury bills. There I'm get you to get just start charge here on this. You can see it Purcell and and we're gonna go out. Let's go out twelve fifteen years back and fund this if it loads fast enough Again, this shows about discovery. Ok, interest rates have gone up in the last couple of weeks. Three weeks been nuts. Look. What has done since August my August now near here's August.

I guess it was one one seven. Today it's almost two percent eighty bits: it's called a bit by the way, so when they break interest rates up, this is typically called a ten year. Treasury is what what you're going to be looking for when you're you're thinking about getting a mortgage are, etc. order not happening on the board. So you can look at the ten year ten year Treasury and you can look at Europe's. You can look at Germany. You can look at Japan because those countries, you gotta, understand that's competence, for money right, so I'm going see a zero, probably a zero Japan today now: America, the United States, as a one point, two nine seven treasury bill. That means, if you bought a thousand ten thousand, are a hundred thousand dollars and locked it.

until twenty there's gonna be really really important. What we're talking about today, twenty thirty two beautiful I got some new goober. if you like, that money for ten years are going to pay. You one point: ninety two percent we're going to, about did. I have that effect. What if it goes up a quarter for the next nine FED meetings the FED meets every six. makes, and they ve said that the FED expects the hike twenty five basis points. That will be They say that would be right here, a quarter of a point. Nine times, that's one point, seven five! So it there happens enemies. The interest rates would be three points. six, the. Then you're Treasury would be three point

six. That would be nine six weeks cycles for now. What would that be a year and a half from now March? I guess March April may somethin, like that. May twenty twenty or we will be looking at a three point: six percent Treasury bill That is not the market rate did you would have today, for instance, I keep this number among right here. Ok, beat the ten year treasury right now ten year on the ten year, T is one hundred and ninety seven with the expectation is going to go up but to talk about my real estate, my portfolio, that New homes, that about the last six years I've been not seminary high. All that stuff. Ok, so money right here today, interest rate: a national average for a mortgage is four point: two four percent: that's the national rate. So you're gonna to earn one point: nine from

Treasury bill and you're gonna pay a mortgage poor point to four percent: It goes up like their say. One, seven five and it this went up exactly the same amount is the ten year. This money. We in afraid on your home? Be five now has an effect, your housing prices. We'll housing have to come down when interest rates go up to cover that today. Ok, With interest rates going up. Will your home prices go down? It's a fair question: will apartment values go down? Ok, because I'm very concern about deals. It I've done where I'm doing a deal right now did RON. Give me this and see if Brian gave it to me I'm gonna be deal right now in Panama City. I haven't done the deal yet When I got a quote on this, the tenure treasury was two point four percent the index. The fanny may floor was one eight nine. That means they will quote this month,

plus a spread in apartments in commercial, real estate, they're going to kill this money, plus a spread on a king your term fat anywhere from five years to ten years ago. are they gonna do a thirty day. This called a thirty day floater. Now you like, and is I'll write you got on state. You learned what to do in the show. Every Monday I come here to try to explain, What I don't completely and fully understand, but then and get a hand want about five billion. for the real estate in the last twelve fifteen years. And I don't know it all- I'm telling you write up front right now for all you guys, only Ricardo, Greek or don't know nobody. Don T. Look, I don't always know what I'm talking about. You know how much Economists, it takes to predict the future if we put seventy MM in a room they going to all come up with. Basically some agreed upon concept and in most cases for the last fifty years of sixty nine of the seven

been wrong. So nobody really knows what they're talking about when it comes to inflation. The effective interest rates, what's gonna happen with the story of what happens with real estate. That's why many people say look man just sit, find a good piece of real estate and no there's gonna be ups and downs in whole, long term, same thing to be said, sought market, so we got a quote on these loans. Ok, we got a quote on this alone. and this quote is gonna. Tell you bunch. I talk about this in this book, how to create wealth, investing and real estate. Everybody a copy of this book. If you subscribe to the channel, go to grant Cordoba comforts ice, free books, Grandcourt under comforts ice, free books, I'll, send you the book, it's yours for free again. This is how to create wealth, investing in real estate and it talks about banks in the apartment a bank supporting your love. So when we did this particular deal, this is a soft quote indication on a deal that I just put under contract, and they want to offer me money short term money called a debt

don't go away. Now, don't go away, don't get all! Oh my god! I don't understand what is done, that I'm gonna go back to the simple mortgage and a second ok. There's a debt Bonn on a commercial real estate transaction three year floating rate it's a three year and I get one plus one. I get to extensions to go one extra year set three or flow. and they quota me basically, three point: two to three point: five: The starting right now remember in three months. Actually, at the end of this month, I'm sorry at the end that's gonna, meet again and going to raise if they raise the interest rates. Twenty five or fifty are seventy They won't go that they're scared. That rate will change. Is that a short term floating rate. It does not stayed the same. Freddy MAC, Freddy MAC quota me ten year, money, They quota be tenure, This'Ll be fixed money, the entire time and that money is going to be about three point: five to three

seventy four fixed period of time. If I'm reading this right, let me see, let me see now the spread the spread, not the implied rate, is three five to three so Ok now in this case, is this ten year money? Why would I do this outside the? Why would I do this debt floating rate up and down versus the Freddy MAC money. This tell you do where they believe money is going. I need to give you one more piece of data about this loan. on this loan over here they they said that they would gimme. Seventy percent loaned about you over here. They really want to give me this long. That's what that says over here. They offer me fifty nine percent. They don't want to give me this loan is much ok because they think those rates are gonna go up, so they gave me less proceeds. What does that mean to you? Let's talk about interest rates mortgages, your morgue, it's housing what's going to happen to housing, cause this affair.

rising mortgage rates impact the mechanics of the entire housing market in definitely impact the kind of real estate that many of you that follow me here. Some of you in our club that are out buying four units, eight units, one thousand two hundred and twenty one hundred one hundred and forty two hundred years it's gonna thank affect you. While portability could take a hit, buying real estate might be and smarter and interest rate rises environment interest rates going up my actually benefit a real estate more than you think, interest rates are going like this over the last twelve years. Home prices did this. Why? Because the cost of this money right here as it goes down, is the costume they went to zero. Basically, I could pay more dollars for the real estate. Now this is the only thing impacting this story, why housing is going up

my last month. I think it was last month housing you had houses in the last three months that went up a hundred grand in asked. You have read across the country going up like in crazy numbers. What we're going to show me that Johnny just show show me what that is right. There s a thirty year, fixed rate mortgage averaging United States notice. This is all the way back in nineteen. Eighty, probably eighty six, I'm getting out of college about tat time and nothing is gone from used me seventeen unhappy. We will never see that again folks in our lifetime. Do you understand and nineteen? Eighty six when I was graduating from high school, that you would pay every five to six years, every five to six years. You will pay an interest, what the price it at homeless. Today, with interest rates, the average rate today is four point, two percent for point to four percent. Ok, it would take me twenty five

errors in twenty five years. You will pay a hundred percent of the purchase price in interest. For point. Forty four point: four percent: for twenty five years: it was a hundred percent of the price of the who So if you paid four hundred thousand for a home, ok, let's You finance that all you're not going to finance it arbalist they that happened. You would then have paid four hundred thousand dollars and interest to them. So you better be able to sell that house for a hundred grand on the last two or three or four years you to make big money on this out. So don't let these just the in, freight scare you to death because The reality is interest rates could greatly benefit with interest rates going up if interest rates go up from four point, two four percent and they go up to six point five percent. What is that, due to alone? Ok- let's say the average, almost four hundred ran in the United States and Europe a bar three hundred and twenty thousand dollars. But you guys got understand why this is going to keep going up. Prices are going to keep

for a number of reasons, number one in the past when interest rates went up housing stock, but the difference today is the lack of human tories. Keeping prices to the amount of money in the market place today is unquestionably the highs ever in the history of the world. Number three there's no place for you to go people or literary buying homes today to read them out that would have never considered being in the housing arena for supply chain issues. You cannot be a glass concrete, you got problems, getting supplies, you'd, get prom, gettin a pay woods and take woods even a job site to build anything. Five more regulation regulation is causing prices to continue to go up because it takes longer to build and is more expensive, the cost to build, because inflation to glass seem it when you can get, it is going up even shipping, something from Hong Kong today is five times more expensive than you running, get anything on to combat this shipping container

us five acts more than it cost just a few years ago. Number seven, and probably the biggest reason why believe housing will continue to go up is because investors are buying homes. It records never seen before the most open. This, then investors were more aggressive in the final three months of last year. They bought fifteen percent of all the homes it sold and forty markets. Ok, ninety thousand homes were bought a memo. Warren Buffett said if he, if you can figure out how to do he go Ten thousand nanny thousand homes were bought. Sixty three bill, in dollars. Were their homes were bought in the last quarter of twenty twenty one and those homes were bought. If I'm right good, my researches right, seventy four percent of those purchases were made by investors that as percentage on record now. Affordability is always gonna, be the the game right.

like do our own, or do I rent forget the interest rate for a second the interest rate. If the interest rate plus the price is less than the rat, you would think. Ok if someone we could pay twelve hundred dollars a month and it's going to cost fourteen hundred hours about the rent, they're gonna, be like shit man I want to buy the house and that's what you would think you would always have this the blind man I gotta. Do I even have a house to buy that's problem. Ok, then, I got demand from the people that are willing to pay for the house. So you can only pay one thousand two hundred for the house, but investor says no. No, I can pay one thousand four hundred and rent it make some improvements. Cuz, I the flip show Imma make some improvements on it. Imma Imma run it back to Johnny and I'm going to rent the Johnny for one thousand eight hundred a month. You are complaining about. Eighteen hundred out of my rents and the IMF Mr Wynn and air, and raise rents four hundred bucks we rent or crazy right now, some places a sea and rents got fifty percent in the last six months. I think floored is like, but he's your ring gonna be

Johnny. If they told you senator me Johnny, that's what I want to read to you right here: ok, invest buying on ninety thousand homes in the third quarter, just a third quarter of last year, we're taking from the market to sixty three billion dollar. Single family homes make up seventy four percent of all investor purchases. That's a half percentage on record. Affordability is come comparison, a running birth owning while ownership, maybe cheaper here about the way you're always gonna get here. but this value Kurth, ok, devalue carbon. I get a little more house again, no more garage, but what else is a value today is different than what it was in a these insects? I want to own a home in nineteen. Sixty I want my garage. I want my own backyard. Ok, let me tell you something that values ship that values. I dont want a yard, but I dont know a garage because our Buber everywhere and the way I dont want research,

its of a house, and I don't want a house without a network of people, meaning some people actually preferred a rent today than to own because get a social and bar. That's why you going to see single family home riddles, you're gonna, see homes built for the purpose of renting become the next big thing in America. rent bursts. When you talk about this rent versus remember this, over here and this column. You have a down payment today that Payment is at least twenty percent, so I don't know what a home costs here, my Emmi Johnny, what are they cost? Four hundred four hundred grand hundred Johnny gotta, come over. Eighty k, these books back in a way is like how to come up with the eighty gay. Ok, if he's got the eighty case, I not gonna. Let go the eighty k and now he's got a payment number two he's got Thirty year, commitment that does not come with Whither Rennie ok, you're gonna, ten to fourteen month commitment. I can even break that worst thing is that broke seven months or eight months about Elise coming

number three Johnny may or may not want responsibility. This thing over here comes with a tremendous amount of responsibility and a huge commitment. This, as I gotta Emma hunker downright here and stay here for amenities. The house, this house can have any, city in America. This house, were Ten times the amenities as a rental as it will as a home, there is no homes being built in America Day then have swimming pool shown one of our projects, Johnny I mean an average rental. Look at this thing on buying right now, Cates on the river in Miami. The location is ridiculous. It's brand new asset class. Ok, it's got a swimming pool that probably cost us three million dollars to build the swimming pool. It's got security. It's got parking! It's it's all com, great block in that same neighborhood, to buy a house. Let me go to Zilla Zilla, we're gonna collars Johnny. We fool

food lion. So always our man appreciate you guys support me here. If you want to see I'm doing my real estate portfolio tonight, we're gonna have a call John end up being given link Grandcourt around our comfort, no no card on capital, dotcom force like zoom. You can see the return on every. I want to share with you the returns on everything, the elaborate on Zilla Miami River. the seasonal, oh Miami River homes for sale guy. Ok, Johnny Journey, go back, go back to where we were now just put in. I don't know if this is accurate. See this law home writer, twenty one. wherefore home said: Johnny get about right, their boat, honour Doc, Ok, one point: nine million docks, betcha, there's, not a wonderful! So what's it with, still gonna cost two million dollars gospel. Four hundred thousand, and it's not gonna. Praise is probably going to catch another two hundred grand, maybe four hundred grand, because it won't appraise you're gonna, have to put eight hunter

thousand dollars down you're gonna have a payment even have a payment of on one point: two million dollars plus you gonna, have pm. Plus you can have insurance pleasure, going ampler insurance plus you gonna have maintenance product at the fixed, the rue Powell? Does this thing look at this little piglet guy got lost, Skype and you got la moves. It looks nice little house right, your man look at this. Telephone wires in the backyard no swimming pool. Tell you, there's no Sloan Bull, that money, there's no swimming pool nasty, it nasty JANET Ok, now you are on the water, okay, now next door to me next door to this property just down the street. You can rent for me for twenty three hundred a month, keep that keep their number man. Twenty three hundred bucks. Ok, this twelve runners going cost twelve under bogs, twelve member interest rate, twelve hundred to one point: two million dollars. One point: two million dollars times point zero payments on this

after lengthy fifty seven fifty a month, You guys want why rents keep goin up. This just happens to the same market. In fact there there there's there's to deal on buying right now in my image right here. You see it online Johnny Johnny. Go back some of the twenty three hundred and twenty eight hundred a month ago, in the next three to four years. Those Those are going to thirty five hundred bucks a month. We think we're gonna be out thirty, five hundred by the end of next year, as a great investment on doing right now, and you guys like what what's gonna happen, interest rates. Now, let me go back to the interest rate question. You could teach you see why people are going to push the rebels and one for the last ten years and say look people are going to read in the future. Ok for all, reasons that, I'm sure with you right now. You guys we're gonna, get scared right now, you're, like ok, I'm by you're, an investor and you're like I'm investing in a deal and right now I'm paying. Three and a half percent interest animal.

floating rate and my interest rates going gonna go to five. What is that, due to my my mother, my my investment on my property? Ok, you're you're investment was gonna pay, six percent. With a three and a half rate you on a floating rate. So now it's going to pay four point, five percent, so you didn't make as much money Kashi Old, but when interest rates go up, what is it due to this? I said I talked about earlier. Let's say: let's say you bought: it asked for eight hundred thousand in the the payments or four thousand bucks a month pm insurance flood insurance. Everything is four grand and it's an old beat up house. You know one of the matters for bedrooms, three bass: it's not it's brand! or anything it's only eight hundred ran this happened. Oliver America, you put you put two hundred

thousand dollars down by this house. Okay, you! U finance four thousand dollars for thirty years plus you got some others princess here and you're you're rate set. Ok, why would this affect rental property? Forty percent? Holmes right now being bought by people that are going to rent them and they're going to go in and fix the kitchen, the backyard thrones and palm trees there. they're gonna do some little nice things with paint, and then maybe like none, we're gonna rent this for five thousand a month in somebody is going to pay it. Why? Because there's no supply, you dont have downpayment. People want nice things, and this will also drab this rental property up over here. The one Agis bought so dont get scared of interest rates. Is my message to you today do not get scared. They have been saying for twelve years, twelve years we

then told I'm gonna go back now. Five years, there's five years, we ve been told Chuck showed this them is John. If you can, this is since two thousand nineteen they ve been saying. Interest rates have to go up. Ok, then they didn't go out. They went straight down what they did notice S cove it. Let me go back ten years. China's, if I can get MRS Van get a ten year I'll just go to all this is since nineteen eighty to show me where it rights went up since nineteen eighty do I what happened that interest rates went to zero. for all of the other than have money and check and again or savings account, and you think that interest rates going up is gonna, be good for you, the law, ass people that will be paid because of interest rates will be savers Savers will not benefit from inflation. Ok, housing, hard assets, real assets, cash flow assets, Ray

businesses that produce real income or have chances are producing relinquish. The losers will be Treasury bonds, junk bonds. Savers check in savings accounts, Treasury bills. That will all be losers. You will never see. In our lifetime interest rates, like we saw back in the eightys the biggest debtor in this country, is the federal government gave their interest rates grow up. They can't pay to that their bills. Now somebody said if we hit by percent interest a federal government. Thirty five percent of the federal government bill every month will just be interest. That means every three years: the thirty trillion dollars that we owe woodland. go up by ten trillion. Dollars became a soft, our colours To be clear, ladies and gentlemen, I predict that a year from now interest rates will be

at our below where we are today. National market rate today is four point. Two four FED expects to have to raise twenty five bibbs or a quarter of a point at the next Nan meetings. I suggest somewhere between now and the next man meanings there. Naval to raise interest rates as they want to a micro. You word about interest rates- are not really grant. I just refinanced, but I had to go to it. Can you in his body for it by my party to another,

your network and on Monday night one, that's all sound like a day go up, go a little bit from. I was almost at four percent norm as five when I reply, as my main reason for call it a day manner. The need to thank you, you're knowledge here think outside the box of what you do every Monday for people like me dead by trying to make it like you did I gotta. Thank you. Let me do you drop in a lot of knowledge on us in Europe different breed manual beast had thank. You might not presented saying that man I took what you say and I put it to the test. You know you said a family member sates. Are you happy, you know be happy which you, God you don't need, no more thank you gotta know of the already blast. The only a family member

got really rude me on cuz. Everybody say that is my daughter for Christmas. Granny Jodeci, I open my Christmas gift. I had a cash flow hoodie she bought from me from your store. I was like how you know about this and I want you real estate to our get bigger. That is often asked the man, but I got can't thank you enough manner. So am I you? Let me answer. Thank you for all that when you do a deal today when you buy a piece of real estate, what kind of mortgage Catalonia you put on it? I think it was only doing I just. Did it too not Freddy Fanny. No, no, just a package is a bank out and regional data, local banker Yellow Cooper First, the american and trust

whatever, but I'm at four percent. But one night deal I'm workin on right. Now I'm drawn up gone, oh dear friend, and Papa Money together, his money together by a carriage, go back to the bay refinancing, put all the properties as one again, the psychical from five percent to four point: five percent, so that half a percent is a hundred and twenty dollars a month. Yeah about a money left us does coming home of cares. Little thought gonna get that interest lore. Where could he told me to more borrowed the less the interests of the council when I presented the bigger loans are cheaper, like it's a shame that we live in a system where I can go or a billion dollars and get money for you know under three percent, and you did that the person it needs. Funny. Guy he's gonna go bore a hundred grand and in interest rates, Gummy five and a half. It's exactly It's almost criminal, exactly what he told me precisely my pursuits, colony and so

is angry man, this. What we're discussing a he's out by a real estate that he can raise the rents on. Remember this folks. Okay, if if the rates go up, twenty five bibbs, that's a bit. Ok means a quarter of one point: if those go up for the next nine times? Ok, that's one point: seven, five percent added to the end. three of your loan in the next, eighteen months, how Can I raise the rent on the property? Could a property list? I have a hundred units and property. Let's say every time we do the bid. I raise the interest a raise, the rent, twenty five dollars, twenty five Nine is a hundred seventy five dollars. Is there a chance for me to raise my wrists even one hundred and seventy five dollars demonstrate what that does for me. So before you guys don't freak on the interest rate, one hundred units terms one hundred seventy five dollars terms. Twelve Two hundred and ten thousand dollars in.

value to the property, new income, new cash float and so not new value, new new income to the property, say this loan with a million dollars over here and it went. one point: seven, five: zero one: seven five times, one million dollars a make All these numbers up cost me a hundred it costs me seventeenth. I was in five hundred dollars a year to me another, two hundred and ten thousand dollars now? Would you pay one? Seventeen? thousand five hundred dollars a year. To me, two hundred and ten thousand dollars. This is the first year about what interest rates can't keep Goin up forever. Writs can keep goin up forever. We ve seen him do that for the less well two thousand years you know used to be hey man, trade, just sister, you can live in my place I mean trade, a donkey or pig, whatever trade, something to eat. I let you live in my place now. It's we're trade in cash, I do this every. What, if I do this again, the following year by the way casino,

they have to stop at some point books. What, if I do it again next year in the next eighteen months now Four hundred and twenty thousand go. It turns. Oh, my God is getting good. Now, a year a grand hey what's up a year, did not I want to call a great dad. He appreciates gone or have you subscribe to the channel AL yet yet, yet that thereby fear a period Thirty, five percent return. Oh my money by the way we would welcome a one and a half one in three quarters percent interest rate. If it made you thirty five percent on your money, ok go ahead mammals. Yet, though, the year of forty three out of look that by adopting paper because it jumped down there, you know you want to go and I'm trying to buy my purse rent by live near a major university in Delaware, the biggest in Delaware and I've been true. I sent you a link number, that's it! I got it

I don't like you could take a look at it, but what are? They are rather Gimme the address on the low piglet forty one Madison Dry, Newark, Delaware. One night one Want Newark, Newark, Newark, ok, yeah, nice, little tight market right there, man! How much is this? How much is this one? The one thousand? Ok, so, let's listening This deal. Have you, what more can you read it for it was resting up with bird grant or talk to be, but a month right now doubt about that, but the two hundred day What is that right now? Okay, what can you rather for what you say you could rent for I'm not sure about for currently being rented at one thousand two hundred and thirty five right now, I'm not sure if I'm going to increase the rent, if I'm going to die they put the marked with how much we in Europe are I'm in here to hear what you tell me: how much can you really early rapid or wealth, but but twelve

Seventy five dollars a month terms, twelve, is a hundred and fifty six thousand dollars a year without me doing the math on the see how close I am one thousand two hundred and seventy five x, twelve one hundred and fifty three I'm sorry, one hundred and fifty three thousand ok, one hundred and fifty three hundred and fifty three thousand dollars. Okay and in your payments, are going to be none of fifteen thousand. I'm used to dealing with different number, still, fifteen thousand three hundred dollars your payments, going to be eight thousand one hundred and twenty five you're going to be seven grand a year six hundred bucks a month? Now, that's if you can get only one thousand two hundred and seventy five a month if the little place looks kind of nice. Twelve square feet, I mean you're. Only getting two dollars square foot is ridiculous. Dude, there's no way you rent this for one thousand two hundred bucks a month. You guys rent this for two thousand five hundred bucks in Lawton unless it's in a The neighbourhood is in a bad neighborhood who wants it? Nobody here be on the market.

What is my wife has been on the market you in a hot? Is God Damn real estate market in the history of real estate? Since getting a real estate since the first time we ever spelled the word real estate eight as two words and this thing they can do under days to sell me some wrong with it it must have some venereal disease well get out you check it out or they could be tired. I haven't been on the market. You go in there. Still that thing go see. If you can. yet the last Bible withdrawal read it was. It was popular one. Twenty sulphur one twenty last year, I want what do they think they d like that? You know a little somethin. You know in saying that the wounded man, I'll tell you something I just be neighbourhood- look- can get it right. Distance coup, while they're making, firstly for good man and they won't do your research, don't compromise your location go see if you can get alone on the deal see if you can pay somewhere between.

one hundred and twenty in the one hundred and fifty even at one hundred and fifty it's a moneymaker, you know, if you don't you have this book yet, do you have this book here, my brother, but not now. You don't have a book, I can tell you, don't have it yet. The book is free. All you got to do is go, go. Take this, but I'll ship it to you. Just give me your damn address you pay for the shipping I'll ship it I'll do all the work already but why I will not read it to you. Ok! but I'd be willing if you blind, because I have it on audio- and I will read it to you if you need me to came up so it's gone in this looks like a video. By the way, I love that new or New York marketplace very, very compressed very difficult to get into It is a renter haven that thing I don't like about New York, New Jersey, Chicago LOS Angeles San Francisco, is when government turns on you guys it will support the runner. Then you will not collect Europe

I should go habit of Lord Florida taxes, Nashville Tennessee, Georgia, Caroline you don't buy Europe, we kicking into the street the real, where you belong by the way, because if you don't pay your rent in the other hundred ninety seven people do do your problem to the community. I like, I, have a responsibility that community make sure that people are paying their not not being overcharge but being taken. Care of the community has to support and take care of itself, and the best thing a landlord can do is not overcharge people, but exchange with people keep their tendency. Our goal is to keep the tenet to make the resident. In fact, in our properties, we allow our tenets to invest in the properties to keep them there longer. We don't want crimes or properties, we don't want drug dealers and the properties we don't want parties on the properties. We want families that want to be provided with a great value proposition, taking care of residence is treated like homeowners, not just tenants and provide people.

service, we label on the label or properties to annex living shown what we buy Johnny another flagrant s collar. That little deals a good deal, though, that I just look at this. The about this deal for large scale Florida. Last year, three hundred ten units were ninety seven. Ninety eight percent occupied. We want everybody there taking care of gay. Let me be clear that property right there about that three years ago. I want everybody, all the good people taking Europe, if you a bad person having a bad moment like I had, but I had I have bad moment for ten years of my life If I was renting for myself, I would kick myself off the property telling you, because I was not good for the people around me. So you want to live, place by the way you guys are running when you go and ran a place.

them a when's. The last time you got rid of the bad people on the brok. What about people? Criminals, people committed crimes, people not abiding by the rules and policies of the property people partying on the weekends people causing accidents, people wrecking cars, people there are causing trouble. You guys know what I mean. That could be anyone right. I want the problem because the value of the property can go only go up if the places field and being taken Europe and the landlord and the tenant all need to win, but these interest rate spokes I'm going back to raise interest rates again. Ok, these interest rates, don't let scare you out to buy something? If you can borrow money for three percent today and they go up one and a half percent. That is a fifty percent increase. That is terrifying if you can raise your rent from two Grand Craig ran out rather raise my rats. Thousand dollars over the next three or four five years and pay fifty percent more interest to do that, because this

Many of you also are paying your loans down so that loan values going up the loan. I'm sorry, the loan value keeps going down over time. So what that has four and a half percent on that number is getting smaller and smaller overtime, when my rent can keep going up to see the long picture, the longer Michael was up much one of them Reynolds were all right there in New York City and people to understand why you always do only one of the great regional markets. In the world, if you can collect the rents, though I thought I'd found this. A multidisciplinary approach was the address bar you. Maybe thirty nine north, were someone else. EAST River living now. Well, I guess, what thirty well knows where seven seventh yeah, where Miami or New York Miami yes, you're right now saw it as a new Yorker Miami said yeah. Ok, let's look

there's something that I've been doing, I'm a little nervous, yellow sand, nervous man, you sound like even smoke nice, ten thousand square feet, the rents or twenty one hundred bucks him month, what it no swimming pool. I that money is no swimming. How many unit how many units manoeuvre thirty four thirty, four the reason and others those one employers, because it's just not big enough- you need a lot of you, so this is gonna, be a boot t, call out booty kind of apartment, deal rents or twenty two hundred dollars a month without data Somalia work twenty three hundred bucks. I got it all too. I got a park private park next door. There were building brain on the river brand new brand. Ok, this brand new too, and then they just we have this. So What's the deal on this man, tell me to deal were really. I was hoping to do. Is market up, maybe I have a man, I don't know. The commission, after you, to be able to get my smile back in

Oh, you want to hear that you want to sell it to me. You want to you, want to show me a deal. You want to show me a public deal. You want to show me an illness public. You want pay your commission a fixture teeth by the way, the thing- fifty million dollars. we get the money right back at the beginning. To so I could shadow Carol you need lie while mandate, you man, you still got you so kind such is that I feel like does have a tool by the way it does have poor fitness and see. I tell you guys I can be wrong. Look out quick. I can be wrong. Yeah, I'm wrong so easily. Yeah. So look I mean this feels too small for me to do right. I don't mean to set sound of noxious when I say that, but this looks like a deal they're gonna build, says. four point: seven cap: if it is it's a screamer, Javier Malta has it stated our multi family building. Thirty four units, eight floors looks awesome.

You need four million dollars about this deal, maybe maybe six million. So this might not be. So this fifteen million dollars I'll show you how this is gonna work. You probably let's say you need five million dollars to buy the deal. You're gonna be our ten million dollars and interests, Ten million dollars in this deal is going to be about the say four hundred thousand a year is that the right you have four percent on the figure of four percent could be five hundred thousand a year let's see if we make any money or twenty two hundred the rest should be on this brand new deal. John, you don't think, but that's what they said so thirty nine years right down: twelve thirty, nine to twenty two hundred times twelve. So it's going to produce two hundred twenty two hundred years, my math- thirty nine years time twelve tonnes point ninety five, hundred seventy eight thousand dollars a year. There's your debt, so you got five hundred seventy eight thousand dollars to run the building. Fences on this deal. I promise you. Expenses on this transaction will be four hundred and fifty thousand dollars to run that property.

So you're gonna make a hundred and twenty eight thousand bucks on the deal one. Twenty eight about five five million dollars board for me, equals two point: five: six percent return: and I'm want to charge you more than that for the money, because I can more than that. This supply and demand boxes. This whole show today. Interest rates. Goin up is all about. Ok, they went up, but where do I go? What do I, do our rent, or do I buy the biggest winners with interest rates? Going will be the investors that bought the real estate, because what happened Instead, the housing market, when interest rates go up, ok I was gonna, make six percent or eight percent or ten percent all my real estate. Okay, so now make one point: five percent, less: what's going When that happens, I'm a razor ran on Madeira drab rats up investors will drive rents, thereby the property. Now some people think forty percent of all the housing stock in America last year was bought by investors, not in users, is gonna raise times.

text nine meetings, supposedly a quarter to half a percent, an ant, Oh you right here right now, do not let the FED raising interest rates terrify you out a new and deals. Do not let it do it. Ok, real estate is still a great place to protect your capital to to get appreciation three to get big tax write offs number four to take advantage of inflation as things inflate, real properties go up Now you thanks for watching day, and I hope you're one of our two millions of thank you for listening to their cardoza, subscribed to disband just leave a review and check out read on your favorite social media platforms, according to your hosted the cartoons and thank you for listening.