I mean you guys need to understand you know 什么 to do in order to prepare and also how to take advantage of it when the market drops and how not to let the dropping market take advantage of you okay. Because that is the biggest thing. Now well I'm going to go into it, right I'm going to go into it. Now so when the market drops 什么 do we see? We see lower prices, we see you know higher costs right for borrowing right and which I'm going to talk about the Fed rate here in a minute.
企业开始灵活发展，企业并没有开始减少支出，很抱歉开始减少支出。这意味着将在某处适当地削减预算，这将在人们的就业中发生。那’s going to happen in in a lot of different places. But when you lose your job as a white-collar individual, alright 什么's going to happen to your housing situation? Well you may not be able to afford your awesome expensive mortgage anymore, so you're going to have to find something a little more affordable. What does that mean?
You know let's say you have to leave the area, let's say you leave on orders and then you realize that the rent in the areas have dropped a little bit because of XY and Z and you can't keep up with the rental market. 因为你的 mortgage is too high. So now you're losing money. You see 什么 I'm saying here. I mean these things can get really really you know crazy for folks who are not educated. So it's very important for you to understand 什么's going on. 那 way you can fight against it okay. Now let's talk about the rising Fed rate for a second and 什么 does this mean.
首先，美联储的利率是多少？美国联邦储备委员会的管理机构美联储（Federal Reserve Board）很好，它就坐在该委员会上，他们会注意某些因素。通常，当一年中的通胀率超过3％时，他们就会开始提高利率。现在由于市场以及我们一段时间以来趋势的好转，美联储开始提高利率。他们在今年早些时候提到，他们将筹集多次资金，到目前为止，自2018年初以来已经筹集了三倍资金。
Typically you don't see that. You see a rise in pricing, but you don't see the same rise you know come from folks that are employed right, promotions. You know people still don't get promoted that much you know 什么 I mean. So you're not going to see an increase of income for individuals. Which means that you know stuff is going to get more and more expensive. People are going to start saving more, they're going to start cutting back on their costs. So the demand for goods and services are going to drop okay and then you know 什么 does that necessarily mean?
So 什么 does that mean? 那 means you're going to start to see a lot more cash buyers okay and a lot less flippers in the market. Because flippers are going to lose big, especially if they're uneducated. so for you, if you're going to start getting into the flipping game; you want to understand 什么 it is you're doing, how long your property is going to sit on the market and I mean really you just got to have to watch every single dollar you know I mean let's be honest here.
If people can't afford the mortgages. Because again right their income hasn't increased to you know to the market and then its people are going to start to look to rent alright. I mean people already look to rent you know. I think there's a misconception when it comes to mortgages and people just assume that renting is easier. I mean maybe it is in some cases sure. But you know 什么 that can make a savvy 房地产 investor very very wealthy okay.
So our goal here with ADPI is to inform you on how to become a savvy 房地产 investor, so you can benefit okay. Because 什么 is said to us to see is just so many service members getting taken advantage of you know with their VA loan. People don't understand the VA loan and so you know a seller will think that hey you know someone's going to buy from me, they have a VA loan; that's great. 他们 can get covered up to let's say $400,000 in an area. So I'm going to sell my house for three hundred and fifty dollars, three hundred and fifty thousand dollars right.
因为他们想获得尽可能多的东西。但是也许那所房子只值二十五万美元。但是，您知道您只是想购买这个未受过教育的人的第一套房子，却不知道。因此，繁荣就在您身旁，并且有一名服务人员被利用，而且发生的事情超出了您的想象。那’s why it's important for you to not only work with a good realtor right, someone is going to help you out if that's 什么 you're doing. But you have to have an understanding for the market itself.
Right you have to understand how to evaluate comps in the area. How to understand 什么 you're paying before you pay it right. All these factors go in to education and it's so important, it is so so so important so that you don't get taken advantage of before this market tanks okay. now the way things are trending right, it looks looking like it's going to happen here semi soon okay and semi soon I mean within like you know the next two years or so okay. So I mean who knows right, who knows.
我认为他们在过去两个季度中都出现了两位数的下降，我相信这也是我上周读过的文章所得出的结论。你知道我只是在听很多，我在看很多这样的事情，我开始看到你知道好的指标，我们很快就会开始下降。您知道了解自己的身份对您很重要 从军队过渡，也许您已经过渡，或者您刚刚加入，或者您已经入驻了一点，但还有一点要走，请了解这些因素 的，我很抱歉理解教育权教育对于向前迈进非常重要。
You don't want to get taken advantage of and you want to understand 什么's going on. So that way you can be on top.
So finding off-market deals is great. Go out there, go ask around in your neighborhood. Find out if there are folks that maybe are looking to sell their property. Cause if you find that off-market deal there's a great chance that you'll get it for a lot cheaper than you would just from you know looking on the open market ok. Zillow can be a really good tool if you use it right. Ok make sure you go and you check out the properties that were sold within the last 12 months all right, find out 什么 they sold for.
那’s how you determine some of the comps in the area ok. You want to always compare that little estimate that they tell you about how much your house is worth is crap. Ok don't look at that all right. I will never tell someone to look at that and say that hey this is something you should go off of. Make sure you talk to a realtor in the area if you don't have access to the MLS and you find out 什么 the comps are you know within a mile from the place that you're looking or okay.
It’s important because you need to have accurate numbers as you're moving forward and then understand 什么 people are spending in your area before you spend it okay. If you are going to you know do renovations for your home. Let’s say you just bought a home and you can do renovations. All right understand 什么 you're doing with those renovations, how much you're spending okay. Because if you start spending too much, then you're going to end up putting yourself a horrible hole and that may not necessarily be good either.
If you are not using your house to produce income for you, then yes your house is by definition a liability. But it can be an asset to if you have certain you know ways to draw and come from it. 那’s why we teach house hacking. 那’这就是为什么我们刚刚出版了一本有关军事房屋被盗的书的原因。因为有很多方法您甚至不必在那里，就可以从您的财产权中提取收益。
Guess who they're going to look for? Oh you have a VA loan, you're good, you don't have to spend any money on it and you could just hold your house until however long and you're going to make money, so you're okay. No! Okay don't do that and don't fall in that trap. Buy smart and buy right. Make sure that your Realtor is working with you. Make sure that you understand 什么 the comps are in the area right.
Make sure that you understand 什么's happening in that area. Ask them for comps from the for the past year, two years right. Get some trends and do the market analysis yourself. If you're noticing that the comps in that area are rising, maybe that's a good thing. Maybe it's not right. you know if you're noticing that the comps in that area are falling right, maybe that's a good thing, maybe it's not you know.
And you also have to have an exit strategy all right. I definitely can't stress that enough. An exit strategy is important because 什么 happens if that market does tank right. Ask yourself the hard question. If the market tanks tomorrow how am I going to get out of that situation where I'm upside down on my mortgage. Is the mortgage that I have each month you know still cheap enough underneath the cost of rent in my area?
So if I wanted to rent my place out to someone, can they afford it? If your intention in buying a house is just because you want to get the biggest and baldest house on the block. you know you don't care how much you spend you just want to have a really really comfortable HGTV style of living and you don't do anything with it, well guess 什么 either you're just going to get you know taken advantage of with this market buying in your little A class neighborhood and when the market tanks, you're going to be the one to lose a lot of money.
Oh and by the way if your mortgage is above two thousand and you don't have you know a market for rent that high in your area, then guess 什么 happens when you get orders and you get sent off to another location? You know let's hope you're able to find a renter. I pray you're able to find the renter. But you know if you're not you're going to lose a lot of money you know and losing a lot of money again is relative.
因为你的 属性是真的可以。所以也要理解，当您购买房地产时，您也在购买不动产。假设您找不到这么多的租房者。让’s say you find a renter for eighteen hundred and you're losing about two hundred dollars. 因为你的 mortgages is you know 2000 okay. 是的，那很糟糕。因为您不想拥有会给您带来负现金流的出租物业。
Okay you never want that kind of situation. But if you look at it from perspective right. If you look at it from using perspective, you'll see that you know the asset that you have is real. So it's almost like you're putting that money right $200 into a bank account that is going to rise in value over time. If your intention is to keep your 出租物业 for the rest of your life or for 30 years or 什么ever the case may be, the markets not going to be down forever right. At some point it's going to go back up and at some point your house is going to be worth more than it was.
I mean we've had people on the 播客 that have been through that. Buddy Rushing, perfect example of it. he spoke about you know how he bought right at the height of the market like the very very top of the market and how a few months later the market just tanked and he started losing so much money on the property and he's upside down. He still has that property today and just now today the property is getting right to about 什么 he purchased it from back in 2008 all right.
受过教育，这绝对是至关重要的。您必须了解一些不同的知识 scenarios just so you feel comfortable and moving forward. Because things changing guys and it's very important. 那’不要吓you你。但这是要激励你。
So that's going to wrap it up guys. Thanks so much for listening. If you are ready to get started changing your life in 房地产投资, make sure you hit up our 网站; www.activedutypassiveincome.com and take our course and get plugged into our start the spark program. We offer mentorship for you guys. So we can all capitalize in 什么’继续。还要确保您在Facebook组上签出了它。