AlliandRico

Thinking about buying a house or investment property in Florida? 🌴 STOP and watch this video first! From skyrocketing insurance rates to the risks posed by hurricanes, this video explains what you REALLY need to consider before pulling the trigger. I break down the hidden costs and how to calculate your true monthly payments, all backed by data and real-world examples. Don't make a decision you'll regret—watch now! 👇 Chapters and Timestamps 👇 [00:00] Introduction [00:08] Why Triple-Check the Numbers? [00:28] Recent Storms and their Impact [01:05] My Personal Experience with Florida Real Estate [01:31] Using Zillow to Calculate Costs [02:01] Importance of Due Diligence [02:27] The Reality of Homeowner's Insurance in Florida [03:11] The Risk of Getting Dropped by Insurance [03:45] Insurance Rates on the Rise [04:05] Beware of Age Restrictions on Insurance [04:55] The Dilemma of Monthly Payments [05:52] What It Means for Buyers [06:59] A Real-World Example of Rising Costs [07:53] Conclusion: Is It Worth It? If you found value in this video, please give it a thumbs up 👍, and for more videos like this, don't forget to subscribe and hit the notification bell 🔔.

Welcome back to the channel! Today, we dive deep into the fluctuating real estate market and address why I believe we won't witness a massive crash nor significant gains in the sector anytime soon. In this video, I discuss the dynamics of the luxury home market, owner financing, factors affecting the market, and how homeowners are adapting to these changes. I further examine the intricacies of real estate in locations like Las Vegas, Miami, and others, leveraging data from Redfin. Additionally, we explore the critical aspects of climate impact on real estate, such as flood risks, and how it affects home-buying decisions and insurance premiums. If you're considering buying or selling a house or just interested in understanding the market better, this video will give you a well-rounded perspective. Remember, whether you're for or against climate change, the reality of it does impact your decisions in real estate, especially when it comes to potential natural disasters. Make sure to do your due diligence! Drop a comment and let me know your thoughts about the current real estate climate and how you think it might shape up in the future. Until next time! #RealEstate #HousingMarket #LuxuryHomes #ClimateImpact #Homebuying #Mortgage #Insurance #RedfinData #LasVegas #Miami #OwnerFinancing

In this episode, we delve into the often overlooked topic of what causes your house value to decrease once you've purchased it. We explain how ongoing costs such as property taxes and insurance premiums can significantly affect your ability to afford your home. With insights from the latest news stories, we provide a detailed analysis of how these costs have surged in recent years, especially in areas like Florida. By understanding these hidden factors, you'll be better equipped to navigate the complex world of homeownership. Chapters: 0:00 Introduction 0:07 Factors Impacting House Value 0:37 The Cost of a Mortgage 0:52 The Impact of Property Taxes 1:35 Case Study: Lindsay Lane, California 2:03 The Dilemma for Florida Homeowners 3:30 Cost of Homeowner's Insurance in Florida 4:59 Increase in Insurance Premiums 5:46 The Real Cost of Rebuilding a House 7:30 Tweaking Your Coverage 8:36 Self-Insuring Your Property #RealEstate #Homeownership #PropertyTaxes #InsuranceCosts #HomeValues #FinancialPlanning

Welcome back to our channel where we discuss everything related to the real estate market. In today's video, we are breaking down the recent news about U.S homeowners losing $108.4 billion in home equity this year. Understanding the concept of negative equity and how market fluctuations can impact homeowners, we examine some regional trends, including the situation in states like California and Texas. We also explore the potential repercussions for both homeowners and investors, along with some strategies for navigating this scenario. Remember, real estate investment can be a tricky business, so understanding the market and staying informed is crucial. Don't forget to comment below with your thoughts or questions, and let's start a discussion. Chapters: 0:01 - Introduction 0:06 - Topic Introduction: Home Equity Loss 0:25 - Explaining Negative Equity 1:17 - Impact of High Interest Rates 1:30 - Regional Negative Equity Stats 2:02 - Case Study: Equity Loss on Investment Property 3:15 - Short-term Rentals & Housing Market 3:50 - Metropolitan Price Decreases 4:36 - Strategies If You Fall Into Negative Equity 6:20 - Future Market Predictions & Conclusion #RealEstateNews #NegativeEquity #HomeOwners #RealEstateInvesting #HousingMarket #InterestRates #EquityLoss #InvestmentProperty #ShortTermRentals #MarketPredictions

Join me in this deep dive into the Las Vegas housing market trends for 2023, where we discuss a Forbes article's analysis and put it under the microscope. With population surges, shifting market dynamics, cooling trends, and the impact of interest rates, we explore what it all means for buyers, sellers, and investors. Chapters: 0:00 Introduction 0:18 Analysis of the Forbes Article 0:55 Pros and Cons of Living in Las Vegas 1:18 Las Vegas Housing Market Trends 2:00 Effect of High Interest Rates 3:18 Fewer Homes are Available 3:58 Las Vegas Home Price Index 4:30 Median Days on the Market 5:13 Is it a Good Time to Buy in Las Vegas? 6:10 Attempt to Sell a House in Las Vegas 6:49 Wrap-up #LasVegasHousing #RealEstateTrends #HousingMarket2023 #InterestRates #BuyOrSell #ForbesAnalysis

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In today's video, we discuss the significant role Baby Boomers are playing in the current housing market, as they enter with a cash influx, driving market trends. We break down how the median home prices have skyrocketed in recent years, with significant implications for new buyers. We also share some insights into my personal investment strategies, tips for financing your home, and how to navigate the changing landscape of the housing market. Remember, this is not financial advice, just personal experiences and thoughts. Chapters: 0:00 - Introduction 0:01 - Topic Introduction 0:14 - Housing Market Current Trends 0:33 - Today's Article Review 0:58 - Interest Rates Impacts 1:28 - Personal Housing Experience 2:08 - Las Vegas Median Home Price 2:35 - Current Mortgage Scenario 3:07 - Past vs. Present Housing Affordability 4:21 - Baby Boomers' Role in Current Housing Market 4:59 - Preparing Your Child's Future through Real Estate 6:14 - Baby Boomers Helping Their Kids 6:50 - Projected Interest Rates 7:24 - All Cash Purchases Increase 8:09 - Boomers' Housing Wealth 8:49 - Current Trends in Housing Preferences 9:26 - Benefits of Suburban Living #HousingMarket #BabyBoomers #RealEstateInvesting #HousingTrends #FinancialPlanning

In today's video, we take a deep dive into the real estate market in Florida. Specifically, we analyze the increasing housing prices in Cape Coral and discuss how current trends and financial factors could impact the market in the near future. Using data and charts, we aim to understand the reasons behind the surge in property prices and what this could mean for potential buyers. Chapters: 0:00 - Introduction 0:04 - Change in Video Style 0:18 - Introduction to Florida's Real Estate Dilemma 0:40 - Focus on Cape Coral's Housing Market 0:51 - Case Study: Waterfront House on a Canal 1:10 - Price Trends after 2020 1:52 - Effect of Low Interest Rates 2:12 - Doubling of Property Prices 2:33 - Overvaluation of Florida Housing Market 3:01 - Current Interest Rates and their Impact 3:36 - Calculating Monthly Payments & Additional Costs 4:33 - Wage Growth vs. Housing Prices in Cape Coral 5:01 - Dilemma: Buy, Sell, or Move? 5:17 - Rental Values and Affordability 5:36 - Predictions for the Near Future 6:09 - Discussion on Future Interest Rates 6:43 - Conclusion and Request for Feedback #RealEstate #FloridaRealEstate #CapeCoral #HousingMarket #PropertyPrices #InterestRates #FinancialAnalysis #RealEstateBubble #HomeBuying #RealEstateInvesting

In this enlightening video, we discuss the recent developments around student loan forgiveness and the Supreme Court's decision. We delve into the potential impact on individuals and the economy, share insightful strategies to navigate repayment, and address the crucial need for financial education. We hope this serves as a wake-up call for future college-goers, and a survival guide for those currently grappling with their student loans. Chapters: 0:00 - Intro 0:16 - The news on student loan forgiveness 1:12 - Impact of repayment on personal finances 2:04 - The problem of student loans 3:36 - Personal thoughts on student loan forgiveness 4:42 - Impact on economy and potential deals in September 5:00 - Budgeting and the hardship of repayment 5:48 - The problem with certain university degrees 6:27 - The appeal of affordable universities 7:13 - The anxiety around large student loans 8:07 - The relationship between the university, federal government, and student loans 9:02 - The trap of the college dream #StudentLoans #LoanForgiveness #FinancialEducation #PersonalFinance #DebtManagement #StudentDebt

Welcome back to the YouTube channel! In this video, we dive into a fascinating topic: why the housing market has not collapsed and why it's unlikely to collapse anytime soon. I apologize for my absence on this channel lately as I've been occupied with growing my corporate account on another platform. However, I've gained some valuable insights into the current housing market through my personal experience of selling two properties. I recently received an offer on my Airbnb property in Las Vegas that was 17 percent lower than the asking price. Intrigued by this, I decided to dig deeper and discovered that the buyer was an investment company. These companies are purchasing hundreds of houses each month, often making offers significantly below the asking price without even analyzing the numbers. If the offer is accepted, they proceed with a cash purchase. If not, they move on to the next opportunity. This trend got me thinking about the competition between individual buyers and corporations in the housing market. Previously, when purchasing a house, you'd mostly compete with other individuals. However, now corporations are actively acquiring single-family homes in residential areas, potentially driving down prices. As a homeowner, this means you can list your property slightly higher, accounting for the possibility of a corporate buyer. Furthermore, the demand for housing, especially in places like Las Vegas, remains high due to factors like favorable weather and lifestyle. Despite the housing shortages observed across the country, strict regulations and complex processes involved in building new houses contribute to the limited inventory. As a result, first-time buyers face challenges with high interest rates, soaring prices, and low availability. Join me as we explore the intricacies of the current housing market and analyze the dynamics between individual buyers and corporate investors. Let's understand why the housing market shows resilience and why selling or buying a house in the present market requires a strategic approach. Chapters: Introduction and channel update (0:01) The intriguing offer on my Airbnb property (1:01) Insights into corporate buyers and their strategies (1:56) Competition between individual buyers and corporations (2:51) Adjusting listing prices to account for corporate buyers (3:54) Factors contributing to high housing demand (5:07) Challenges for first-time buyers (5:55) Conclusion and future plans (7:20)

In this video, the host explores the rising costs of living in the Sunshine State, Florida. Known for its beautiful beaches and attractive climate, Florida is a popular destination for many. However, as the host reveals through personal experiences and backed by data, the cost of living in Florida is skyrocketing. The host talks about various factors contributing to this rise, including homeowners' insurance, car insurance, property prices, and more. If you're considering moving to Florida, this video provides essential insights into what to expect. Chapters: 0:00 - Introduction 0:03 - Back in Vegas! 0:06 - Topic Introduction: The Rising Cost of Living in Florida 0:24 - Florida's Desirability 0:45 - The Sour Side: Skyrocketing Homeowners' Insurance 1:33 - Rising Interest Rates for New Homes 1:40 - Stagnant Salaries & Soaring Car Insurance 2:00 - The Uninsured Motorist Coverage Dilemma 3:17 - Fraud & its Impact on Car Insurance in Florida 3:34 - Housing and Gas Prices on the Rise 5:00 - The Challenges Faced by Retirees in Florida 5:37 - The Implications for People on Fixed Income 6:06 - Septic System Issues in Miami due to Rising Sea Levels 7:14 - Personal Considerations and the Shattered Dream of Moving to Florida 8:30 - Weighing the Pros and Cons: Should You Make the Move? 9:50 - Concluding Thoughts #Florida #CostOfLiving #SunshineState #HomeownersInsurance #RisingCosts #Retirement #MovingToFlorida

Welcome back to the channel! 🚗 In today's video, I share some eye-opening insights into car loans and how they can affect your ability to build wealth and make other significant purchases, like buying a house. We'll also talk about the importance of considering your expenses, the concept of compound interest, and alternatives to buying a new car. Whether you’re thinking about taking out a car loan or looking to make smarter financial decisions, this video is for you! Don't forget to LIKE, COMMENT, and SUBSCRIBE for more financial insights. 🔔#CarLoans #FinancialFreedom #SmartSpending Chapters: 0:00 - Introduction & Why I'm in Santa Cruz 1:12 - The Shocking Stats on Car Loans 2:32 - The Importance of Being Car Debt-Free 3:50 - The Realtors’ Take on Current Market & Buying a House 5:21 - Why Car Payments are a Financial Handicap 6:56 - Extending Car Loan Terms: Is it a Good Idea? 8:24 - The Opportunity Cost of Buying a New Car 10:09 - The Psychological Aspects of Owning a New Car 11:55 - Reconsidering Lifestyle Choices for Long-term Wealth #CarLoans #FinancialFreedom #WealthBuilding #SmartSpending #PersonalFinance #SavingTips #InvestmentStrategies #DaveRamsey #CompoundInterest #DebtFreeJourney #FinancialGoals #MoneyManagement #FrugalLiving #RealEstateMarket #OpportunityCost #LifestyleChoices

Join us as we take a nostalgic trip down memory lane to a stunning trailer park with ocean views, where we began our journey towards homeownership. Starting with minimal resources, we managed to overcome the odds. This vlog is not just about our own experiences, but it's also an inspiration for anyone striving to climb up the property ladder, no matter where you start. We'll explore the current property market within the trailer park, share personal stories, and discuss the vital lessons we learned along the way. Don’t miss the breathtaking views and our heartfelt memories. 🏞🏡💙 OurOur goal is to retire by 2035 and we've found that career and personal finances are going to get us there the quickest. We also have stocks, investment properties, royalties, and social media income. Follow our journey as we showcase even the most intimate of financial and professional details. Amazon Store: https://www.amazon.com/shop/alliandrico Youtube Channel: https://www.youtube.com/channel/UCFSfCrgdgj4Q82T6PFufVjA LinkedIn Allison Peck:https: //www.linkedin.com/in/allison-peck10000/ LinkedIn Rico Eggenberger: https://www.linkedin.com/in/rico-eggenberger/ TikTok: https: //www.tiktok.com/@allifromcorporate0 Instagram: https://www.instagram.com/alliandrico/ Facebook: https://www.facebook.com/AlliandRico BeReal: https://bere.al/alliandrico * Some of the links are affiliate links which means if you buy something through my links, I earn a small commission :) Thanks for your support!goal is to retire by 2035 and we've found that career and personal finances are going to get us there the quickest. We also have stocks, investment properties, royalties, and social media income. Follow our journey as we showcase even the most intimate of financial and professional details. Amazon Store: https://www.amazon.com/shop/alliandrico Youtube Channel: https://www.youtube.com/channel/UCFSfCrgdgj4Q82T6PFufVjA LinkedIn Allison Peck:https: //www.linkedin.com/in/allison-peck10000/ LinkedIn Rico Eggenberger: https://www.linkedin.com/in/rico-eggenberger/ TikTok: https: //www.tiktok.com/@allifromcorporate0 Instagram: https://www.instagram.com/alliandrico/ Facebook: https://www.facebook.com/AlliandRico BeReal: https://bere.al/alliandrico * Some of the links are affiliate links which means if you buy something through my links, I earn a small commission :) Thanks for your support! #TrailerPark #Homeownership #RealEstate #PersonalJourney #Inspiration #PropertyLadder #OceanViews #CommunityLiving #Investment #StartingSmall

🏡 Welcome back to Mariko’s financial insights! In today’s video, we dive into a pressing issue faced by millennials - the real estate conundrum 📈. With parents generously supporting their children's housing dreams 💰, things can get tricky when unforeseen changes hit the career space, especially when transitioning from remote to office work 🏙️. Join Mariko, an entrepreneur with experience in properties and marketing, as she discusses how millennials can navigate through these murky waters 🌊. From the dilemma of relocating, market fluctuations, and what this means for millennials and their parents, this video has it all. Don't forget to subscribe for more financial wisdom and insights! 🚀 #RealEstateDilemma #Millennials #FinancialInsights #Millennials #RealEstate #ParentalSupport #RemoteWork #OfficeLife #HousingMarket #FinancialWisdom #CareerChanges #Relocation #FinancialPlanning #Inheritance #MarikosInsights

In this episode, we delve into the imminent transition of labor markets into an AI-dominated era, drawing insights from recent news about IBM planning to lay off 8,000 jobs over the next five years. This bold move, intended to replace non-customer related positions with artificial intelligence, might seem intimidating, but it is indeed the shape of things to come. I discuss my perspective on this change, the nostalgia of the 'landline era' and the transformation that has happened since then - the advent of AI, the increasing role of automation, and how it is redefining jobs. We also explore the rise and potential of touch screen technology in devices like the iPhone, Android, and Linux systems. The video highlights the industries that are likely to experience high demand, such as data analysis, AI, machine learning, digital marketing, and process automation, among others. It also delves into fields facing decreased demand due to automation, like data entry, administrative jobs, and certain aspects of customer service. Taking a futuristic view, we discuss the prospect of specialized AI applications, how they could potentially eliminate the need for human expertise in various domains, and how this affects the job market. If you're in a career field that's vulnerable to AI replacement or looking to switch into a more secure line of work, this video will provide invaluable insights. Watch as we navigate through these complex topics, drawing from key developments in the industry and predicting future trends. Remember, the advent of AI is not the end of work but the beginning of a new era of innovative, challenging, and more meaningful careers. Join the conversation as we prepare for the future. Like, comment, share, and don't forget to subscribe for more insightful videos. #ArtificialIntelligence #IBM #FutureOfWork #AI #JobMarket #DigitalTransformation #Automation #Technology Our goal is to retire by 2035 and we've found that career and personal finances are going to get us there the quickest. We also have stocks, investment properties, royalties, and social media income. Follow our journey as we showcase even the most intimate of financial and professional details. Amazon Store: https://www.amazon.com/shop/alliandrico Youtube Channel: https://www.youtube.com/channel/UCFSfCrgdgj4Q82T6PFufVjA LinkedIn Allison Peck:https: //www.linkedin.com/in/allison-peck10000/ LinkedIn Rico Eggenberger: https://www.linkedin.com/in/rico-eggenberger/ TikTok: https: //www.tiktok.com/@allifromcorporate0 Instagram: https://www.instagram.com/alliandrico/ Facebook: https://www.facebook.com/AlliandRico BeReal: https://bere.al/alliandrico * Some of the links are affiliate links which means if you buy something through my links, I earn a small commission :) Thanks for your support!

Welcome back to our channel! 🎥 Today, we dive deep into the heated real estate market, focusing particularly on California and Florida, discussing why some homebuyers might not be making the best decisions.🏠💸 In light of recent news that Allstate is no longer insuring new homeowner policies in California, we explore how this impacts the real estate landscape in these states.📰💰 Does this decision have significant implications for homeowners, potential buyers, and sellers? Absolutely. We walk you through the complexities of the insurance market and its interplay with the housing market, unraveling the potential implications for home prices and buyer's purchasing power. 📈📉 Furthermore, we tackle issues surrounding mortgage approval processes, cost increases for homeowners insurance, and the need for a significant liquid asset base when investing in property in these states. 💳🏦 Our discussion also steers towards the Florida statistics and evaluates the high costs of home insurance. We talk about the impact of unexpected costs on homebuyers and how it influences lenders' perspective. 📊🔍 This episode does not merely speculate; it provides hard data and practical insights to understand the evolving market dynamics. So, stick around till the end of the video for some exciting information and share your thoughts in the comments section. Do you agree or disagree with our analysis? We'd love to hear your views! 🗣️👂 If the audio is still not up to par, kindly let us know! We're committed to making our content enjoyable and helpful for you. 🔊👌 Don't forget to like, share, and subscribe to stay updated on our latest videos. Your support keeps us going! 🙏👍 #RealEstate #HousingMarket #California #Florida #HomeInsurance #Mortgages #FinancialAnalysis

In this eye-opening video, we delve into the underbelly of the American economy, challenging the optimistic narratives that we often hear. While low unemployment rates might paint a positive picture, we dig deeper to examine the real financial struggles of ordinary people. From job hunting in the current market to the looming burden of student loans, we explore how these factors are affecting personal financial health and the wider economy. Are people really better off now than they were six months ago? Is there a looming crisis beneath the surface? Join us as we untangle these complex questions. Don't forget to like, subscribe, and share your thoughts in the comments. #USAEconomy #FinancialCrisis #Unemployment #JobMarket #StudentLoans #PersonalFinance #EconomicInsights Our goal is to retire by 2035 and we've found that career and personal finances are going to get us there the quickest. We also have stocks, investment properties, royalties, and social media income. Follow our journey as we showcase even the most intimate of financial and professional details. Amazon Store: https://www.amazon.com/shop/alliandrico Youtube Channel: https://www.youtube.com/channel/UCFSfCrgdgj4Q82T6PFufVjA LinkedIn Allison Peck:https: //www.linkedin.com/in/allison-peck10000/ LinkedIn Rico Eggenberger: https://www.linkedin.com/in/rico-eggenberger/ TikTok: https: //www.tiktok.com/@allifromcorporate0 Instagram: https://www.instagram.com/alliandrico/ Facebook: https://www.facebook.com/AlliandRico BeReal: https://bere.al/alliandrico * Some of the links are affiliate links which means if you buy something through my links, I earn a small commission :) Thanks for your support!

Welcome back to the channel! Today we dive deep into a perplexing stat that says Millennials have an average net worth of $127,000. I'm here to analyze this number and examine how Millennials are actually spending their money. From food and dining to retirement planning and car payments, we're going to scrutinize the financial landscape for this generation. Is this lofty net worth a realistic depiction, or is it misleading? Do Millennials really own as many properties as the stats suggest? Join me as we explore these intriguing financial trends and don't forget to leave your thoughts in the comments below. #MillennialWealth #FinanceInsights #RealEstate #SpendingTrends #NetWorthDiscussion Our goal is to retire by 2035 and we've found that career and personal finances are going to get us there the quickest. We also have stocks, investment properties, royalties, and social media income. Follow our journey as we showcase even the most intimate of financial and professional details. Amazon Store: https://www.amazon.com/shop/alliandrico Youtube Channel: https://www.youtube.com/channel/UCFSfCrgdgj4Q82T6PFufVjA LinkedIn Allison Peck:https: //www.linkedin.com/in/allison-peck10000/ LinkedIn Rico Eggenberger: https://www.linkedin.com/in/rico-eggenberger/ TikTok: https: //www.tiktok.com/@allifromcorporate0 Instagram: https://www.instagram.com/alliandrico/ Facebook: https://www.facebook.com/AlliandRico BeReal: https://bere.al/alliandrico * Some of the links are affiliate links which means if you buy something through my links, I earn a small commission :) Thanks for your support!

In today's YouTube video, we delve into a timely and critical topic - the FHA's new proposal to offer a 25% discount on mortgage payments for those facing financial hardship. While seemingly beneficial, this scheme simply defers payments to the end of the loan term, potentially causing long-term financial strain. We discuss the potential repercussions of this program, notably transforming a 30-year mortgage into an effectively 40-year commitment, increasing the total interest paid over time. This method provides short-term relief but could lead to long-term financial distress, especially for those nearing retirement expecting a fully paid mortgage. Furthermore, we ponder over potential solutions for individuals struggling with FHA loans, such as eliminating interest rates or offering better financial literacy and resources. The conversation extends to broader societal issues and potential entrepreneurial and educational opportunities to improve personal finances. We delve into the complexity of the situation, understanding that a one-size-fits-all solution isn't feasible. However, providing people with better tools, education, and opportunities to improve their income and financial standing may be a step in the right direction. Join the conversation, share your thoughts or potential solutions, and stay tuned for more discussions about financial matters that affect us all. #FHALoans #MortgageAdvice #FinancialTips #Homeownership #DebtManagement #LoanForgiveness #PersonalFinance #InterestRates #FinancialPlanning #RealEstateAdvice #HousingCrisis #FinancialLiteracy #LoanTips #MoneyManagement #InvestmentTips #AffordableHousing #MortgageRates #FinancialEducation #HomeLoan #DebtRelief

Welcome back to my YouTube channel! Today I'm going to share tips on buying your first home, especially with the current increase in home prices. If you're unsure about staying in your prospective home for at least three years and don't want to convert it into a rental, I'd advise you to rent instead for flexibility. Before even considering buying a house, ensure your finances are in order: savings for a down payment, good credit score, bills up-to-date, and your income exceeds your expenses. Once you have your finances in check, consider getting pre-qualified for a home loan before contacting a realtor. This way, you can show them that you're serious about buying. Remember, your qualification amount is not necessarily the price range you should be looking at. Always leave some negotiation room. Finding the right house is fun, but remember to have a home inspection done. Despite competitive markets, I wouldn't recommend buying a house without one. This allows you to negotiate for fixes or price reduction based on the findings. Once you put in an offer and it's accepted, there's a period of waiting for loan clearance. During this period, avoid any significant purchases that could negatively affect your credit score. Lastly, consider the future. What if you need to move for work? In a less competitive market, you might need to sell your home cheaply or consider turning it into a rental. These are important factors to keep in mind as a first-time home buyer. Stay tuned for more tips! #FirstTimeHomeBuyer #HomeBuyingTips #RealEstateAdvice #HouseHunting #FinancialPlanning #HomeLoan #HomeInspection #RealEstateMarket #InvestmentProperty #PersonalFinance #MortgageTips #CreditScore #DownPayment #HomeOwnership

In this episode, we delve into the recent developments surrounding the debt ceiling and its potential impact on your personal finances and the real estate industry. We discuss important updates like President Biden's new agreement on non-defense spending, changes in veteran care, and the implications for the national nutritional assistant program. The video also explores the absence of student loan relief in the current dialogue and what this means for those burdened by student debt. While the government grapples with these pressing issues, we explore what's happening in the real estate industry, discussing the pros and cons of initiatives like 1% down payments for houses and the potential introduction of 40-year mortgages. Stay informed, make smart decisions, and let us know your thoughts in the comments below! Our goal is to retire by 2035 and we've found that career and personal finances are going to get us there the quickest. We also have stocks, investment properties, royalties, and social media income. Follow our journey as we showcase even the most intimate of financial and professional details. Amazon Store: https://www.amazon.com/shop/alliandrico Youtube Channel: https://www.youtube.com/channel/UCFSfCrgdgj4Q82T6PFufVjA LinkedIn Allison Peck:https: //www.linkedin.com/in/allison-peck10000/ LinkedIn Rico Eggenberger: https://www.linkedin.com/in/rico-eggenberger/ TikTok: https: //www.tiktok.com/@allifromcorporate0 Instagram: https://www.instagram.com/alliandrico/ Facebook: https://www.facebook.com/AlliandRico BeReal: https://bere.al/alliandrico * Some of the links are affiliate links which means if you buy something through my links, I earn a small commission :) Thanks for your support! #DebtCeiling #RealEstate #USPolitics #PresidentBiden #Medicare #VeteranCare #FoodStamps #EPA #StudentLoanRelief #SupremeCourt #HousingMarket #Mortgage #RocketMortgage #DownPayment #HomeOwnership #Credit #AmericanDream #InterestRates #FinancialResponsibility #CreditCards

Welcome back to our YouTube family! In today's video, we delve into the economic factors that have impacted millennials and their financial stability. I've crunched the numbers and broken down why earlier generations had it easier and were more financially secure compared to millennials. Here, we look at the stark differences between the costs of essential items such as cars and homes between 1980 and today, and how wages haven't kept up with these steep inflation rates. From the startling price jump of a Toyota Corolla to the astronomical rise in the average house price, this video will provide you with eye-opening insights into the economic struggle faced by millennials. I'm not just presenting you with problems, but solutions too. I share what I am doing to prepare myself and break free from the financial rat race. You'll learn about my approach to living frugally, investing wisely, and strategic life choices like house hacking. This video isn't just about the difficulties millennials face, it's also about how to tackle these challenges head-on, whether you're just about to start college, looking to buy your first car or thinking about getting on the property ladder. It's about making short-term sacrifices for long-term success. Join me as we navigate these tough financial waters together, and be sure to leave a comment to let me know what you think or how you are managing these challenges. #Millennials #FinancialFreedom #Inflation #Economy #Investing #LivingFrugally #WealthBuilding #FinancialPlanning

Join us as we discuss the potential consequences of the upcoming resumption of student loan payments. Discover the impact on individuals and the economy, the debate surrounding loan forgiveness, and the challenges posed by the rising cost of education. Stay tuned for insights into the personal experiences of borrowers, the economic implications, and the need for creative solutions to address the student loan crisis. Chapters: Introduction: The upcoming recession and its relation to student loan resumption (0:01) The Pause on Student Loans: Government actions and its effects on the economy (0:14) Unfairness and Accountability: The debate on loan forgiveness and its implications (1:54) Education System and Loan Practices: Exploring the issue of expensive degrees and low-paying majors (3:19) Personal Experience: Tackling student loan debt and the challenges faced (5:56) Economic Consequences: The impact on personal finance, housing market, and consumer spending (8:06) The Need for a Creative Solution: Proposing alternative approaches to student loan repayment (10:02) The Dangers of Overpriced Education: Warning against the potential risks for future borrowers (13:26) The Ripple Effect: Projecting the impact on various sectors and businesses (15:18) Conclusion: Urgent action required to address the student loan crisis (17:15) Sources: https://www.cnbc.com/2023/01/27/16-million-people-approved-for-contested-student-loan-forgiveness-.html https://www.cnbc.com/2023/04/28/after-3-year-pause-student-loan-payments-expected-to-resume-soon.html https://educationdata.org/average-student-loan-debt https://www.indeed.com/career-advice/finding-a-job/lowest-paying-majors #recession #studentloans #resumption #loanforgiveness #costofeducation #personalexperiences #economicimplications #creativesolutions #financialcrisis #borrowers #economy #debtburden