Real Estate Market Update: CRASH Prediction & The Fed Response
Real Estate Market Update: CRASH Prediction & The Fed Response – BREAKING NEWS!
As of May 20, 2020, the Fed’s (federal reserve) balance sheet has crossed over $7 TRILLION DOLLARS for the first time in HISTORY!
What does that mean? Well some of the major news outlets (CNN, CNBC) are talking about how there are similarities from the 2008 market crash and what is currently going on in our economy.
Does this mean we are going to get hit with another recession similar to the 2008 real estate crash?
Honestly, I’ve been talking about a market crash since 2015 and there were some major indicators why and it’s all based on my experience buying properties in the past few years. I had acquired a multi-family property in the fall of 2017, which had two 12-unit buildings right next to each other. There were about 16 offers that we were able to beat out, (some were cash offers too) but the seller was interested in us the most (benefits of owner financing 😁). But this really started my analysis of the real estate market and the coming real estate market crash in 2020. Fast forward to the beginning of 2018 and this is what really sealed the deal on my analysis of the real estate market crash. My partner and I looked at a property in a market that we knew very well, it was beat-up and really needed some work, we put in an offer for around $700k and we got LAUGHED out of the negotiation room. Come to find out, that property sold for $1.4 MILLION by some investment group out of California, I assumed at the time, it was some amateur investor. This confirmed that we are going to see a real estate market crash in the near future.
This is just the tip of the iceberg.
In this video, I go into many of the contributing factors to the market crash that we are facing here in 2020, and it’s not just the inflation of prices of the real estate market. The Fed (Federal Reserve) has something to do with it, we’re looking at a MAJOR shift in the economy when it comes to fiscal policy, and MONEY BEING SHOVED INTO THE MARKET!
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The Kwak Brothers are millennial real estate investors who have acquired over 82 Units of Rental Units and have raised over $20,000,000 of capital for their real estate deals. They are based out of the Chicago-land area and they are dedicated to helping hard-working people become financially free real estate investor! They specialize in owner financing acquisition and raising capital. They are the creator of the FORCE Strategy (Find the deal, Owner Finance It, Raise the Capital, Cashflow It, and Expand your Financial Freedom)
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—DISCLAIMER— The suggestions, advice, and/or opinions that are given by Sam Kwak (The Kwak Brothers) are simply opinions. There are no guarantees of set outcomes. Listeners, guests, and attendees are advised to always consult with attorneys, accountants, and other licensed professionals when doing a real estate investment transaction. Listeners, guests, and attendees are to hold Sam Kwak, Novo Elite, Inc. and the Kwak Brothers brand harmless from any liabilities and claims. Not all deals will guarantee any profit or benefits. Listeners, guests, and attendees are to view and listen to all materials and contents furnished by the Kwak Brothers as a perspective based upon experience.