This can SAVE you THOUSANDS of dollars
December 14, 2021
What's going on my friends? Hey, what is the cost of waiting? That is a big question. And I know a lot of you are going to get a lot out of this video. So if there's ever been a video that you watch from the beginning to end, this has to be it. Check it out because you are on the hook of losing tens of thousands of dollars if you don't watch this. Please check it out, and let me know if you have any questions. All right, guys, so I got to start with a little story for you. I have at least two clients who I've been working with for a long time. Dear clients, dear friends. And we were looking at houses for them about three and a half years ago. One of them wanted to buy a condo that he was renting. And we looked at it several times. We looked at the pricing and he just did not want to pull the trigger on it. And he said, "No, I'm going to wait until the market comes down. It's too much money. I'm just going to wait it out." Guess what guys? Three and a half years later, that condo is now $180,000 more! that condo is now $180,000 more! So he lost out on getting wealthier, building that equity, and increasing the net wealth that he should be acquiring on a yearly basis by a ton, a ton of money, guys. That's a huge amount. Just think about it. $180,000 more is what he would be worth right now, because that's literally equity that he can cash out of his home to go buy other properties or do whatever else he wants to do. My other friend, who is also a dear family friend, same thing, guys. He had some extra money from a sale from something else. He was ready to get into the real estate investing world. We looked at several opportunities for him, but the same thing, he just did not want to pull the trigger. He thought this was too much. This was too much. This is a little much. This was three and a half years ago, guys. This condo was $150,000 then. It is now $250,000, the exact same unit. Only three and a half years, he would have been $100,000 richer. His wealth would have been worth that much more. He would have had his first investment property. And with that equity right now, he probably could buy a couple of more. So the cost of you waiting, and waiting, and waiting, it is so huge. Don't let that happen to you guys. People are still telling me that it's not the right time to buy right now and they couldn't be any more wrong. It is a great time to buy right now. Yes, the prices are higher than they were three years ago, but guess what? Next year, they're going to be higher. Two years from now they're going to be higher. It's going to continue to increase in value. But the best thing about right now in time, guys, this is the lowest interest rate that we can get our hands on. It is lower than it was three and a half years ago for these guys. So you do not want to miss this opportunity, because once the interest rate starts to go up as well, it's just going to make it tougher and tougher for you to profit from an investment property, or if it's your own primary residence, your payment is going to be higher. So stop waiting, give me a call, ask any questions that you want, and make sure that you don't let this pass you by. Thanks very much for watching. I hope that helps. Have a good day and see you on the next one.