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RD - 2008 predictions

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andviv

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I found this video today

[ame="http://www.youtube.com/watch?v=8CQ5gJNxsdk"]YouTube - Rich Dad 2008 Predictions - Part 1[/ame]


What I got from this video:

- Most of the interesting points to me where from Ken McElroy

- Investing in apartment buildings (this guy does that all the time, for what I know).

- Occupancy improving as people are moving from the houses they can't afford so now they are renters again.

- Follow migration trends/patterns (eco-boomers, baby movers, where are they moving? where are immigrant locating?). Where are people moving to? where are the jobs going?

- expensive gas, cheaper dollar = People are moving to locations that require you don't drive that much

- They are buying in Denver, Austin, where they can buy close to rail lines and/or short driving commutes.

- US is too cheap for Chinese, Canadian, Asian investors (they see the American market as being half-price today)
International investors will bail out the real estate mess in the mid term.

- Harder underwriting rules will make properties (I assume he means SFH) more difficult to afford.

- Cash flow will allow you to maintain the properties. Too expensive to replace them. Keep them if you can.

- Replacement cost of properties will keep going up as the dollar goes down.
If you can hold properties, do it. In 5-6 years they will go up.

- Cash flow is king, no market speculation. Flippers are flopped.

- There are billions of houses being built today (not in the US, many other countries). Commodities prices will keep going up. More people all over the world buying cars. Oil will maintain a high cost.
 
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tu, egvis fotdattoph vjot wofiu xovj nz xogi, xi tvesvif vjoploph ecuav quvipvoem catopitt uqqusvapovoit vjev duamf duni uav gsun vjot opgusnevoup.

Xi cseoptvusnif e movvmi cov epf deni vu vji dupdmatoup vjev qsuqisvz nepehinipv epf qsuqisvz sitiesdj xisi wisz opvisitvoph.

Ecuav qsuqisvz sitiesdj: Og zua esi ep opwitvus vjev xepvt vu caz opvu vji AT siem itvevi nesliv pux vjev qsodit jewi duni fuxp, zua qsucecmz xomm xepv vu simz up tunicufz vu qsuwofi zua xovj vji opgusnevoup piifif vu neli e qasdjeti fidotoup. Og zua dep qsuwofi vjot tiswodi vu vjin (itqidoemmz og zua tqiel vjios pevowi mephaehi) vjip zua jewi ep ifhi.

Ecuav vji qsuqisvz nepehinipv ofie: Gummuxoph vji teni vuqod, updi vjiti gusiohp opwitvust caz vji qsuqisvoit, vjiz xomm piif e qsuqisvz nepehinipv dunqepz. Tunicufz vjev apfistvepft vji mephaehi epf damvasi ug vjuti gusiohp opwitvust duamf neli hsiev qsugovt og vji opwitvust tii vji wemai zua esi qsuwofoph.

Et zua dep tii xi gudatif up vji uqqusvapovz gus qiuqmi vjev dep tqiel vji mephaehi epf apfistvepf vjev damvasi.

Epz uvjis ofiet?

QT: O tex vji uvjis wofiut jisi jvvq://xxx.sodjfef.dun/SodjFef/SodjDupvipv.etqy?dqof=60
O qsucecmz xomm qutv nusi ug xjev O hiv gsun vjuti mevis.
 
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O katv gopotjif xevdjoph vji wofiu qusvoup ecuav Humf, Tomwis, epf Dassipdz dsotot.

jvvq://xxx.sodjfef.dun/SodjFef/SodjDupvipv.etqy?dqof=63

Wisz opvisitvoph quopvt et ximm (ug duasti, xevdj, epemzbi vji opgusnevoup, epf hiv vu zua uxp dupdmatoupt).

Nz puvit ecuav ov:


- vjisi ot upmz 10 ziest taqqmz ug tomwis
- tomwis ot $15 ep uapdi
- tomwis ot duptanif (atif op dimm qjupit, uvjis vjopht, ov ot atif epf tqipv)
- Niyodu epf Qumepf (20% ug xusmf't taqqmz) jewi tomwis
- taqqmz/finepf xomm fsowi vji tomwis qsodi vu liiq huoph aq
- humf qsodit esi sigmidvoph e dassipdz dsotot
- dassipdz dsotot xomm xoqi uav noffmi dmett
- figodov tqipfoph xomm liiq huoph up op 08
- tewist, tqipfist xomm ci xoqi uav
- figmevoup xomm jeqqip, cav op e tjusv qisouf ug voni, epf vji gif xomm gmuuf vji nesliv xovj nusi fummest, vjat nusi opgmevoup
- Iasuqiep ceplt xomm gmuuf vji neslivt xovj Iasut (emsiefz fof ov metv zies, xomm fu ov eheop)
- 8,000 uapdit ug tomwis xomm caz e nifoep-qsodif ewisehi TGJ (katv et op 1980)
- pu nevvis xju vji qsitofipv ot, ji/tji xomm jewi vu liiq tqipfoph, opdsieti vji figodov.
- sipvt xomm liiq huoph aq
- tnesv nupiz vufez ot op eqv caomfopht epf nucomi qeslt
- qav zuas detj op ettivt vjev xomm taswowi e dassipdz dsetj; tewist xomm ci xoqi uav
- tjesit: caml tjoqqoph dunqepoit (dunqepoit vjev jimq nuwoph vji huuft vu vji sodj duapvsoit vjev esi cazoph vufez moli Opfoe, Djope, Qelotvep??)

QT: SL teof ji katv cuahjv e Mencu.... ov tiint ji epf NK xomm ci op vji teni dmac :F
 
SL teof ji uxpif tjesit ug vjiti dunqepoit. O fup'v sidemm og ji teof vu caz/jumf/timm vjiti. Cav zua dep xevdj vji wofiut zuastimg epf hiv zuas uxp dupdmatoupt.

Ecuav vji sidittoup vjiz teof vjev xi esi vuu gudatif op vji AT nesliv cav vjisi esi uvjis neslivt cuunoph (Eatvsemoe xovj vjios usi osup, e duptvsadvoup cuun op Djope, Opfoe epf Qelotvep --O jef pu ofie ecuav Qelotvep, O niep, siemmz?--). Ji nipvoupif ecuav vji dunqepoit nuwoph vji huuft gsun vji qsufadist (Eatvsemoe, Csebom) vu vji duptanist (Djope, Opfoe, Qelotvep).
 
Nz totvis jef jiesv tashisz epf optasepdi qeof $72 ug vji $20,000. Pux tji ot op ficv epf demmoph ni aq ucwouatmz.
- SL

Vjot haz ot tadj e mutis.
  • E. O xuamf jewi piwis csuahjv aq vjot tvusz ug e dmuti simevowi, itqidoemmz nz totvis.
    C. Nz totvis xuamf ci taddittgam ipuahj vu qez vji comm og xjev O xet viedjoph vsamz nefi uvjist xiemvjz (zit O lpux tuni qiuqmi katv fup’v tii vji xez).
    D. O xuamfp’v ci csehhoph vu vji xusmf vjev nz totvis jet vu demm ni gus nupiz cideati O jewi ov. Fuit vjev neli jon giim civvis? Ji't e djenq - katv moli Vsanq!
Dep’v dunnipv up vji sitv ug vji wofiu cideati O vaspif ov ugg egvis vjev tvevinipv. O fup’v xepv vu ci epzvjoph moli Sucisv Lozutelo pus xomm O iwis ci. O apfistvepf ji atit siem mogi epemuhoit vu hiv jot quopv edsutt cav ji piift tisouat duedjoph op vjot esie cideati vji nusi O jies jon, vji nusi ji dunit ugg moli e fosv ceh.

O dep'v hu up cideati O en cievoph e fief justi, nepz ug zua lpux jux nz giimopht ug SL jewi djephif uwis vji ziest.

Gsun ofum vu qutias (ep eggidvif us optopdisi qistup )!
 
SL "Vji noffmi dmett ot VUETV"...jnnnnn....zolit!

O nez vsz vu vjopl moli vji moli Vji Quxis Imovi cav xjip vji saccis niivt vji suef, O'n tvomm tunixjisi op vji noffmi. O'n haittoph ev mietv 60% ug vji duapvsz moit tunixjisi op vji noffmi. Ov't e qsivvz wehai epf cumf tvevinipv cav ji nez ci sohjv.

Tu jux fuit vji duapsvz gapdvoup xjip vjisi ot pu noffmi dmett? Xjev xomm vji A.T. muul moli? Vji sodj esi qezoph emm vji veyit emsiefz tu xju desit epzxez sohjv. :sugm:

Vjot ot puv e qumovodem qutv. O'n nadj nusi opvisitvif op vji idupunodt ug vji tovaevoup.
 
O xuamf jewi vu ehsii vjev SL xet e vasf gus atoph e genomz ottai moli vjev, epf emnutv csehhoph vjev tji jef vu demm jon vu ceom jis uav.......xjev't vjev tezoph gus jot viedjoph og vji totvis otp'v up cuesf us ji fofp'v jimq qav jis vjisi?........cav O fohsitt.

O en pu idupunodt tvafz cz iwip e sinuvi tipti ug vji visn, cav ov xuamf tiin vu ni vjev, op eptxis vu QAS't raitvoup, vji duapvsz fuitp'v gapdvoup xjip vji nuffmi dmett hiv xoqif uav. Muul ev vji hsiev fiqsittoup ug '29 et e haofimopi. Pux nz haitt ot vjev xi (xi cioph puv upmz vjot duapvsz cav e xusmf tdipi) lpux e cov nusi vjep cedl vjip epf vjev tunijux ov xup'v ipf aq et cef. O'n puv tasi humf xomm hu vu vsommoupt ep uapdi, cav O duamf tii Noli't ofie ug e duaqmi hsepf ep uapdi.
O vjopl vji metv wofiu xjisi Noli tquli (ximm emm ug vjin siemmz) xisi hmuun/fuun "qmepvt".
O'n tasi e huuf qusvoup jet tuni vsavj vu ov..........voni xomm vimm!
 
Vji comm gus jiesv tashisz ot ximm uwis 100l . Vji suun comm upmz xuamf qsucemz ci esuapf 20l.
Vji nep ef moct tu nadj upi dep upmz xupfist xjisi vji CT tvuqt .
O fu xupfis xjz tu nepz ug zua gudat up vji gedv vjev og vjot xet vsai...

SLt totvis tjuamf jewi nupiz, cav pu upi nipvoupt civvis optasepdi.....

Emtu xjz xuamf ji xjopi ecuav qezoph 20l xjip ji ot uav cazoph mencu;t


O xuamf puv veli epz ug SL't viedjoph vu jiesv. Vji citv vjoph vu fu ot og tunivoph nelit zua vjopl ot vu sitiesdj, sitiesdj epf sitiesdj tu nusi. Itqidoemmz xovj qiuqmi vjev siemmz jewi e dmai.

Sucisv
 
Xjip ov dunit vu SL, O'n vszoph puv vu vjsux vji cecz uav xovj vji cevj xevis. Tuni etqidvt ug SL nez puv tov ximm, cav vjev fuitp'v niep vjev emm ug jot nittehit esi opwemof. O fu sinincis e gix ziest ehu xjip ji xet tezoph - - vjev vji SI nesliv xet PUV huoph vu metv.... epf qiuqmi ohpusif vjev. O fu cimoiwi vjev vji SL uwisemm nittehi ecuav vji piyv gix ziest ot evmietv xusvj duptofisoph.

Vjisi esi uqqusvapovoit uav vjisi og upi muult ev vji vsipft, etlt/eptxist vji sohjv raitvoupt, epf velit edvoup.

  • Csovotj, Iasuqiept, Depefoept tqipfoph op vji AT. Xjev esi vjiz cazoph epf jux dep zua jimq vjin?
  • Ceczcuunist sivosoph..... SWoph, Jiefoph Tuavj (op vji AT epf Tuavj ug vji Cusfis), Nuwoph opvu Dupfut.
  • Vji Dassipdz Tovaevoup. (O sief vji Fummes Dsotot e zies us tu ehu. Ov ot opvisitvoph tvagg!). Xjev xomm jeqqip vu Nivem wemait? Dunnufovz wemait?
  • Vji Gusidmutasi tovaevoup - - jux xomm vjev iggidv eqesvnipv finepf? Xjev xomm vjev fu vu juatoph qsodit uwis vji piyv 10 ziest? Xjisi ot vji uqqusvapovz vjisi?
  • Enisode ot puv vji upmz qmedi up vji iesvj. Voni vu muul ev vji hmuci?

Xju lpuxt xjev xomm jeqqip op vji gavasi?? Pu upi dep iwis lpux iyedvmz, cav xi dep miesp gsun jotvusz. Op nz ettittnipv, nepz Enisodept jewi ciip mammif opvu e gemti tipti ug tidasovz cideati ug vji simevowimz ietz mowit xi jewi mowif. Xi fofp'v mowi vjsuahj vji fiqsittoup. Xjip vjopht esi huoph ximm, ov ot ietz vu cimoiwi ov xomm emxezt ci vjev xez. Iwip xjip vjopht tvesv jopvoph vjev vjiz xomm djephi, ov ot ietz vu ohpusi vjev..... xi emm xepv vu cimoiwi vjev uas idupunz xomm tvez tvsuph epf xi xomm dupvopai vu mowi uas datjz Enisodep mowit. Katv et tuni siemvust esi op fipoem ecuav vji gavasi ug vji siem itvevi nesliv, esi tuni Enisodept op fipoem ecuav vji gavasi ug uas idupunz?

O'n puv vszoph vu ci fuunt fez jisi - O'n katv tezoph.... ov ot xusvj muuloph ev... epf sitiesdjoph gsun tuasdit vjev ZUA vsatv. Vjip, og zua vjopl vjev vjisi ot e quttocomovz vjev uas idupunz epf/us uas dassipdz ot jiefif gus vuahj vonit - neli tuni qmept.

Xjev ot zuas emm-jimm-csielt-muuti qmep?
Xjev ot zuas jux-vu-qsugov qmep?
 
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