@thewealthybarber: Why we're iffy on rental real estate right now. What do you think? Episode #1 of the podcast with @PREET | Personal Finance out next week!

The Wealthy Barber
The Wealthy Barber
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Region: CA
Friday 30 August 2024 19:06:16 GMT
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planeshift
tj :
until everyone owns a house, it shouldn't be a revenue stream
2024-08-31 08:57:49
81
burt8610
Burt :
Landlord Tennant bureau has chased landlords out of the business
2024-08-31 03:31:20
100
mikey2025m
mikey2025m :
I do not have any rentals left if I buy a car it’s worth $100,000. I don’t pay for two months. It’s gone out of my driveway. Why is it not the same for Rentals
2024-08-31 01:19:40
48
lucy15341
lucy :
So true. Government using landlords to solve their social issues
2024-08-31 13:11:10
38
dylann_9999
Dylan :
The more ppl that stop being landlords, will cause a lack of rental properties available and will make rent skyrocket
2024-08-31 22:03:58
13
user4392712158551
user4392712158551 :
Definately not worth it, Landlord has no protection from tenants . If you invest a dollar it takes 10 years to get it back . . .
2024-08-30 20:01:28
9
sameeni_
Sameer :
Invest in commercial real estate. Residential investing days are gone.
2024-08-31 21:36:08
6
summer.xoxo478
Summer….xoxo :
It’s almost like the country want big corporations who have $$ and lawyers to own all the rental properties 😏
2024-08-31 14:56:06
8
solidjams
Daniel Stolfi :
The fact that the wealthy barber is saying this… big time reality check
2024-08-31 17:54:11
3
sandymotruk
Smo 🇨🇦 :
Was a landlord in the nineties. Was hard to get good tenants back then. Was such a gong show. I think you can get better tenants now.I’m happy being out of the landlord world.
2024-08-31 05:27:57
5
stucoutu
Stu Coutu :
It’s working for us but that’s because we added the accessory dwelling unit within our personal residence
2024-08-30 19:35:40
5
danc788
danc :
Blame high property values and therefore carrying costs for this. Market needs a deep correction for landlording to make sense again
2024-09-02 15:14:14
2
meganchalmers7
Megan Chalmers :
my partner and I live in Victoria,BC. The only real estate were able to afford without being house poor is a 1 bed, 1 bathroom condo. does it make sense to buy this? we feel stuck as it's very unlikely we will ever be able to afford anything more than that there.
2026-03-13 19:54:29
1
hippos1122
Jason meow :
what would be some good things to invest in?
2024-08-30 19:58:56
5
myers822
Jeff Myers :
hard pass
2024-08-31 16:25:20
1
marcgarden
user7572828414254 :
First rule is to invest in land lord friendly locations
2024-08-31 09:51:20
6
matt70318
matt :
I’m losing $650 a month on my investment condo in Toronto when I could have that down payment making 10% in the market. Needles to say I have it up for sale.
2024-08-31 12:54:19
6
craigsmallwood
Craig - The Belize Resort Guy :
Honestly I'm in the process of selling one of my two rentals for that reason. The 43K I will save on interest the next 22 months is what rent would be. If Dave needs another subject for his book I'm here! (I'm unquie if you look at my tiktok)
2024-08-30 19:41:14
6
sandmmtl
Sand :
Buy in the USA divest from Canada 🤷‍♂️
2024-08-31 13:45:50
6
hellenicman
Hellenicman🇬🇷🇨🇦 :
What’s the difference with Banks that have power to change the locks throw you outside. Really What’s the difference between A land lord or a bank?
2024-08-31 04:24:55
3
scottmoody5688
scottmoody5688 :
I'm out recently....capitals gains change was deciding factor .
2024-08-31 15:07:06
2
itstoddlamb
Todd Lamb :
But if now if you have a piece of property build a little lane way house 850 sq ft - 2 beds 2 bth - you can probably get an 8.5 or 10% cap rate on that money
2024-09-02 01:48:27
2
robcastro4
Rob Castro :
Facts
2024-09-02 13:54:41
1
stephaniek2112
stephaniek2112 :
I feel bad for landlords- people should be grateful to rent when they can’t afford to buy
2024-09-01 12:38:38
4
jsean057
Freedom :
Government is using landlords as social housing providers in Ontario.
2024-11-14 21:30:34
4
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