@iamdouglaseze: Your house isn’t an investment if you’re living in it. Let me explain: You’re essentially a tenant living in the bank’s house, paying them rent in the form of a MORTGAGE.Read that again.And when something breaks in the house, there’s no landlord to call for repairs—that’s all on you. Not the best deal, right?However, if you’ve used the bank’s money to buy the house and you have renters covering the mortgage, now *that’s* a smart move!I break this all down in more detail in my latest video. It’s out now on YouTube—just search “Douglas Eze,” watch, and drop your comments.If you’re thinking about buying a house as an investment for your kids, let’s talk before you do. There are better ways to leave a legacy for them!Book a call with me directly here: www.buildwealthwithdouglas.com
The Real Douglas Eze
Region: US
Saturday 21 September 2024 14:19:01 GMT
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that_vetgirl :
I don’t care if it’s investment or not, tenants in my quaduplex paying for it, after paying it off it becomes mine. The goal is to get that money into my pocket during retirement 🙄
2024-09-21 18:08:54
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demarcotv :
People be buying a house say 250k mortgage by time you pay it off your paying like £370k for it then you think selling it for £400k in 20+ years is making money 😂 you had to pay £1500 half your life
2024-10-09 04:43:02
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tommy312456 :
Bro i bought my home in London 140k back in 2005. just sold it now for 750k. What now bruh????
2024-09-24 15:42:30
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EMP£RO :
The more he tried to make a point the more confused he sounded
2024-09-22 02:29:54
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earthtone23 :
better to pay mortgage than pay rent
2024-11-08 07:57:17
282
S Raj :
After you pay off your mortgage, you don’t pay rent to the bank. 👍
2024-09-26 16:12:19
205
young say :
I think he is saying is to buy a house and rent it out. That’s how you make money.
2024-09-21 20:22:02
224
Jolie Bébé :
Only those with mortgages will say he is not making sense 😅
2024-09-24 03:56:01
286
Geoffrey Mbaku :
I disagree with the speaker. A mortgage is an investment. I bought my house for $250K. Today it is worth $560K. If I sell it today I make a huge profit. Secondly when I pay off the mortgage, I own it.
2024-11-07 12:27:47
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🔥 FLAWLESS.VICTORY🔥 :
just like foreclosure is a fancy word for eviction. I've been saying this. "buying" a home is not my American dream
2024-09-24 00:04:04
94
BF :
America is a video game 😂
2024-09-23 21:55:36
32
JeanCandio Store :
Not everyone will get this👀
2024-09-21 18:02:08
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Tinashe 🇿🇼 :
We need to regulate podcasting coz it’s bringing the worst in us. He suggests we should live in caves I guess 😂😂😂🥰
2024-09-21 23:19:49
26
houserus.com :
I would rather pay the bank than paying a landlord. I have done 15 years ago and I owned my home outright. Had I not done that I would’ve still be paying the high rent today?
2024-10-15 17:17:05
14
YAHNESSA_777🕊️ :
Ok, get straight to the point. BUY A HOUSE AND RENT IT OUT.
2024-09-24 16:40:50
30
Remontada99 :
Misleading. What is equity?
2024-09-21 17:13:40
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Nosbash :
In Economics I learnt difference between an Asset & Investment. A house is an Asset but not an investment, it only becomes so if it generate an income for you at the end of every week\month
2024-10-17 14:56:37
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Tris No H :
He is correct. It is not yours til you pay it off.
2024-11-04 18:07:06
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NG NellyGold :
Even though I reposted the video. To me is an investment, because when u are done paying, the house becomes totally yours. But despite how many years you pay a rent,that house will never become yours.
2024-10-14 14:15:52
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I am Igama |Aka Food_BaE💫🇦🇺 :
A house is only an investment if the house is making you money (rented out) not the one you are living in.
2024-09-24 01:37:42
19
kingsoul800 :
👀!...Mr man, Please Do you have a house or Do you own a house, I need an answer to this question..
2024-09-22 05:17:22
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Deeno 🏹 :
you probably going to own that house at some point in the future after completing your payment, your children could rent it out or sell it to buy another one bro
2024-09-21 20:18:28
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sinachi247 🇳🇬🇬🇧 :
Thank goodness I watched till end to understand what he’s talking about 😁
2024-09-21 18:13:26
6
brafredie :
I am sure he's not had a bad tenant before
2024-09-22 08:27:28
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