You can still buy a house in the US in 2024… Here’s how. 

This guy is actively buying 3-5 deals per month using the brrrr method, they all great deals,. A lot people are scared about interest rates just like you so they are not buying leaving tons and tons of deals on the market cause people are in over their head and behind on mortgage so they have to sell but since no one wants to buy it leaves discounted properties! He's winning right now

@@treypride I've been in this business for 21 years, I buy properties at the court house and I don't use the brrr method for many reasons. I could care less about interest rates because I'm not doing any flips to buy rehab and sell and haven't done any since 2021. I have rentals free and clear so I have rental income coming in so I'm not worried about flips, interest rates, etc. He says he's doing 3-5 deals a month every month and honestly anyone can come on here and say what they're doing and not doing. The reality is consumer sentiment is low, major companies are closing/laying off people, interest rates are high, home prices are high, and many people need to get a loan and get approved. There are not many cash buyers like myself and the one's that are consistently looking for deals are waiting patiently for the right opportunity. The rest of the buyers "retail average Joe's" don't have the cash and need traditional financing through a bank and need to qualify as well so it's not easy for the consumer as well. The reality is the stock market is at an all time high and has been pumped by the fed printing machine for many years now and the bubble is closer now then ever of popping. This bubble is much bigger then the 07-08 financial crisis and will have severe and detrimental consequences and will make the 07-08 recession look like an appetizer as we wait for the main course. We are in a major bubble and a massive housing market crash is coming. Don't believe me? Look at all the realtors, mortgage brokers, appraisers, contractors looking for work. Real Estate offices are closing and major lenders are going out of business. It's late and I'm not going to get into all the details but look up Peter Schiff on RU-vid and listen to what he has to say and you will see the bigger picture. This whole economy has been massively pumped for decades now and it's time to pay the piper! This housing market has been artificially created and stimulated when in history did a property that sold for let's say $350k get relisted and the asking price is now $650-700k ? Real Estate doesn't appreciate 100-300% in less than a few months or a year. It takes decades to see those type of returns Total insanity!

I didnt read this entire message but I def agree with you that markets are slowing and people are getting laid off. IMO if you are ALL in to an asset for 70% of the value today and you are in the affordable/entry level home buyer market... there will ALWAYS be someone to rent in the entry level market, even if section 8. And in Columbus, OH the market will not crash more than 30% so I have the equity built in to allow for a "Crash"... if it happens

@@AustinRutherford Absolutely I totally agree 💯