Jerome Powell literally said it on 60 minutes (maybe indirectly but anyone watching this gets it). Let's keep that aside. Everyone should have BTC in their portfolio.
I feel sympathy for our country, low income people are now suffering to survive yet inflation and recession keep increasing daily, many families can't even enhance the good cost of living anymore. You've helped me a lot Sir Brian! Imagine I invested $50,000 and received $190,500 after 14 days
Very possible! especially at this moment. Profits can be made in many different ways, but such intricate transactions should only be handled by seasoned market professionals.
Some persons think inves'tin is all about buying stocks; I think going into the stock market without a good experience is a big risk, that's why I'm lucky to have seen someone like mr Brian C Nelson.
Hi Condowong, i have seen many of your videos for the past few years and i have learned a lot from you. While i see people in the comments can be rude. I appreciate your effort in putting the time, insight, energy into these videos. Keep it up!
I think the so called investors actually want to rent the unit to you, and at very affordable rents (compared to other world cities we strive to be compared to). I think the investors are doing their part in driving demand to build inventory and to give everyone a roof over people’s heads!
How about investors get to buy what is left over after end users get a chance to buy? Homes for actual families and not some dude that knows somebody and buys 10 units at a time raising the cost for everyone? It’s not that hard.
@@davidhughes6048also doesn't take space, deteriorate, complain, no property tax and is liquid enough to sell instantly. But you're right, why hold an asset that pays no dividends or income. I'm retarded.
Condos are too expensive for buyers. Investors made money prior, but just like the stock market, investments can also go down. It is not always a win win. Shed crocodile tears for investors. Condos are like the canary in the mines. Times are changing.
How do you have negative cashflow with no mortgage? Sounds like lots of spending on landlords part on frivolous things. Negative cash flow is insane if theres no mortgages held by the landlord. What are they spending all that money on? If 2k+ is negative revenue what are the expenses? Sounds like lots of ponzi scheme mortgage leverage. Best of luck selling the china style leverage. How is it going over there. Heard 70% drop in price not sales...
I have friends in cibc that work directly with builders the word is they are switching away from investor owned property and going to focus on end user better quality homes...this happened in reverse in 2000 to current in 2000 the developers stopped building homes and all went down town to build condos now that's over so back to reality when rates make sense.....let's be honest if we really had an inventory problem all the condos would be eaten up like a free lobster 🦞 buffet...clearly it's not inventory related couples older demos and younger singles and even alot of families would have packed them selves into what ever....the problem is mortgage fraud amongst investors and the willingness of banks and to lend recklessly and the stupidity of some to finance recklessly
100 percent correct. When developers sold pre con condos did they verify the pre approval letter they got was legit. Corruption is at all levels , banks , realtors , mobile mortgage reps at Banks, accountants. There are professional people however there are a lot of unprofessional doing fraud. Think about how people purchased condos pre con in vaughan at 1150 per sqfeet when the resale rate was around 900. It's easy why because of lots of demand. They question is why lots of demand and the answer is mortgage fraud. When will financial regulators wake up . Osfi , fintrac etc
Seems like you have a big portfolio of properties. You seem to have no idea what is going on in the liquidity market. Vert short sighted. Interest rates are correcting for a short time and than would bounce back a big time. Leverage will kill most of the real estate investors by 2026. We need to lower our leverage as soon as possible.
Jerome Powell literally said it on 60 minutes (maybe indirectly but anyone watching this gets it). Let's keep that aside. Everyone should have BTC in their portfolio.
I feel sympathy for our country, low income people are now suffering to survive yet inflation and recession keep increasing daily, many families can't even enhance the good cost of living anymore. You've helped me a lot Sir Brian! Imagine I invested $50,000 and received $190,500 after 14 days
Very possible! especially at this moment. Profits can be made in many different ways, but such intricate transactions should only be handled by seasoned market professionals.
Some persons think inves'tin is all about buying stocks; I think going into the stock market without a good experience is a big risk, that's why I'm lucky to have seen someone like mr Brian C Nelson.
Finding yourself a good broker is as same as finding a good wife, which you go less stress, you get just enough with so much little effort at things
Brian demonstrates an excellent understanding of market trends, making well informed decisions that leads to consistent profit
Hi Condowong, i have seen many of your videos for the past few years and i have learned a lot from you. While i see people in the comments can be rude. I appreciate your effort in putting the time, insight, energy into these videos. Keep it up!
My one word is “greed”. Housing is a necessity, but the Real Estate industry, banks, etc. helped make the situation so bad. Prices are 50% too high.
You’re delusional
I think the so called investors actually want to rent the unit to you, and at very affordable rents (compared to other world cities we strive to be compared to). I think the investors are doing their part in driving demand to build inventory and to give everyone a roof over people’s heads!
How about investors get to buy what is left over after end users get a chance to buy? Homes for actual families and not some dude that knows somebody and buys 10 units at a time raising the cost for everyone? It’s not that hard.
Quit trying to use condos as a form of money and just buy and hold bitcoin. Its not complicated.
lol, can’t sleep in a Bitcoin and it doesn’t make anything or pay a dividend. No thanks.
@@davidhughes6048also doesn't take space, deteriorate, complain, no property tax and is liquid enough to sell instantly.
But you're right, why hold an asset that pays no dividends or income. I'm retarded.
@@robert7737 I don’t think you’re retarded, just more likely inexperienced.
Big reset is coming to Canada🎉😂😢
Condos are too expensive for buyers. Investors made money prior, but just like the stock market, investments can also go down. It is not always a win win. Shed crocodile tears for investors. Condos are like the canary in the mines. Times are changing.
Also, capital gains tax going to 67% is killing the condo market
Rests will eventually go up due to a shortage of new starts meaning low future supply of unit rentals.
How do you have negative cashflow with no mortgage? Sounds like lots of spending on landlords part on frivolous things.
Negative cash flow is insane if theres no mortgages held by the landlord.
What are they spending all that money on? If 2k+ is negative revenue what are the expenses?
Sounds like lots of ponzi scheme mortgage leverage.
Best of luck selling the china style leverage. How is it going over there. Heard 70% drop in price not sales...
good shit bro
no one wants condos. especially at the prices they think they are worth.
I have friends in cibc that work directly with builders the word is they are switching away from investor owned property and going to focus on end user better quality homes...this happened in reverse in 2000 to current in 2000 the developers stopped building homes and all went down town to build condos now that's over so back to reality when rates make sense.....let's be honest if we really had an inventory problem all the condos would be eaten up like a free lobster 🦞 buffet...clearly it's not inventory related couples older demos and younger singles and even alot of families would have packed them selves into what ever....the problem is mortgage fraud amongst investors and the willingness of banks and to lend recklessly and the stupidity of some to finance recklessly
100 percent correct. When developers sold pre con condos did they verify the pre approval letter they got was legit. Corruption is at all levels , banks , realtors , mobile mortgage reps at Banks, accountants. There are professional people however there are a lot of unprofessional doing fraud. Think about how people purchased condos pre con in vaughan at 1150 per sqfeet when the resale rate was around 900. It's easy why because of lots of demand. They question is why lots of demand and the answer is mortgage fraud. When will financial regulators wake up . Osfi , fintrac etc
Seems like you have a big portfolio of properties. You seem to have no idea what is going on in the liquidity market. Vert short sighted. Interest rates are correcting for a short time and than would bounce back a big time. Leverage will kill most of the real estate investors by 2026. We need to lower our leverage as soon as possible.
Canada has no industrial base... Cut tree build castle wood😅
But were the new post national state. Anyone can come here and make a living working at Timmy and live with 10 others in a 2 bedroom apartment...
you must have nothing else to do in life.....now can't wait to see how you will try and spin it back to the good old days LOL
Um, what?
Wait for the fire sale and buy them up 20 cents on the dollar...
You’ll be waiting forever
Wishful thinking, lol 😂
，？，？
Interesting. Thanks. toronto.
Condo = Doghouse = Shoebox
Who would want to live in a shoebox?
The millions of people who are! What are you talking about?? They live there now