Should You Sell Your House? Watch This Before You Make Your Decision!

День тому

Should You Sell Your House? Watch This Before You Make Your Decision!
Selling your house is a big decision. Consider the downsides to selling!
This video discusses reasons to sell your house and the downfalls of selling your house. I have made a lot of mistakes in my life..selling my properties was one of the biggest mistakes. Learn from me!
Capital Gains video:
• Home Sale Capital Gain...
Staging Check List:
lambert.homes/staging-checklist
Staging Videos:
• How To Make Your Home ...
• Tips for Staging a Hou...
• Get Your Home Ready To...
List of 13 Realtor Interview Questions:
lambert.homes/questions-to-ask
Video on Interviewing a Realtor:
• Interview Questions fo...
I have years of experience and am an active full-time realtor bringing you the most up to date information on what
If you are considering moving or selling your property in Orange County, don’t hesitate in reaching out to me.
For more information visit www.LambertGroupHomes.com or give me a call at (949) 697-2232
💁‍♀️ My name is Audra Lambert. I am a South Orange County realtor who focuses in the San Juan Capistrano area. I have over 20 years experience! I love what I do and Love where I live!
🏠 JUAN CAPISTRANO HOMES FOR SALE: lambertgrouphomes.com/communi...
💰 HOME VALUATION: hmbt.co/TaWy3g
🔍 WATCH NEXT:
What shows up in a home inspection report: • Video
What not to fix when selling a home: • Selling a house? Don't...
The City of San Juan Capistrano: • Why I work and live in...
This is not legal advice, nor can I give you legal advice Sorry! Everything here is for informational purposes only and not for the purpose of providing legal advice. You should contact your attorney to obtain advice with respect to any particular issue or problem. Nothing here should be construed to form and attorney client relationship. Audra Lambert with the Lambert Group does not render or offer to render personalized investment advice, tax advice, or real estate investment advice. The information provided is for informational purposes only.
CONTACT INFO
Audra Lambert, Lambert Group Homes
📞 949.697.2232
💌 AudraLambert@me.com
🖥 www. LambertGroupHomes.com
👉🏾 DRE#01909872
👋 LET’S CONNECT
Like me on Facebook: / audra.lambert1
Follow me on Instagram: lambertaudra
🧡 Subscribe to my youtube channel: / @audralambert
#CARealEstate #CARealtor #CARealEstateAgent #Realtor #Homeownership #House #Homebuyers #Mortgage #San Juan Capistrano #SanJuanCapistranoRealtor #SJCrealtor #OrangeCounty #LivinginSanJuanCapistrano #MovingtoOC #audralambert #movingtosanjuancapistrano #toprealtorinSanJuan

КОМЕНТАРІ: 1 100

@dormandavis2767 4 дні тому

As a Handyman of 35 years, keep in mind the bigger the house the more expensive it is to repair and if you don’t have any home repair skills get some, you can save boatloads of money

@robertfeinberg748 5 днів тому

Friends of mine bought their house in Philly about 50 yrs ago. Now the house is paid off, they have a million in equity, and a second home in the Poconos to boot.Thank you for the good adviice.

@Curious-Lass 5 місяців тому

My home has increased in value 6x since I purchased. It’s paid for and gives me peace of mind by not having a mortgage.

@AudraLambert 5 місяців тому

Good for you!! I am working on paying off my mortgage too. Congratulations, by the way!!

@tharais 3 місяці тому

Not only that, even if you sell to capture that gain, what are you going to pay to replace that basic necessity of life; the roof over your head?

@reesedaniel5835 2 місяці тому

Inflation is not "increased in value." Its a way for these snakes to jack up the property tax until you can no longer afford to live there. That's what they have planned so gloat while you can.

@username-cy8pj 2 місяці тому

I think in this uncertain time, the paid off roof over your head. the peace of mind and ability to in a small sense.. watch the flood from higher ground is the equivalent to being rich. As far as generational wealth goes.. u can set up the next generation but giving someone your wealth works as well as giving them your kitchen utensils and expecting them to become a chef because u were a chef. ... that wealth gets liquidated and split up, spent and forgotten. Security is the goal of home ownership.. and that means securing your home from the grasp of the bank asap.

@LoveOneanother13 2 місяці тому

We sold our home in Florida made a profit and bought a smaller home in TN that we paid off. No mortgage plus we bought a second 22acres property in TN paid for as well. So we owe nothing on either one. Plus the property taxes are way lower than Florida. Thank you God. We feel blessed. However, I miss my Florida home and I’m not happy with the house I’m in. I regret a lot of things I’ve done. Wished o would have held onto my properties in Florida. 😢They are worth so much more now.

@littlebluefish6606 3 місяці тому

We went from a 2700 sq ft home with a 1300 square ft basement, 1.5 acres and a 20x40 in ground pool to a 1450 sq ft condo and don’t regret it at all. We don’t miss the maintenance, ridiculous heating/cooling costs or maintaining that pool. Some people may regret downsizing but we don’t.

@AudraLambert 3 місяці тому

Glad to hear it. As I get older, I think less is more too. So glad you are enjoying your new home.

@bambinaforever1402 2 місяці тому

Some people like apartments, some don’t. I grew up in apartment - HATED EVERY SECOND OF IT. Live in own house was the dream of mine since i was like 4 years old. So now u give me apartment FOR FREE i would not take it. HATE APARTMENT. I come to my property, close the gate, lock TWICE and breeze freely. Nobody can come there, IT IS MINE

@AudraLambert 2 місяці тому

@@bambinaforever1402 So glad to hear your dream came true. Enjoy your home:)

@dolittle6781 2 місяці тому

@@AudraLambert Like doing as much of the maintenance as possible. It keeps you young. Why sit around all day when you could be mowing the lawn, trimming those hedges, and raking those leaves? The older we get, the more we need to stay active.

@christip20 2 місяці тому

@@bambinaforever1402 Exactly how I feel too! Absolutely hate the city & hearing anything except animals & nature.

@2Hearts3 3 місяці тому

A friend of mine, 100 years old, said her biggest regret in life was selling her house. She lost her independence, had to move several times to rentals she wasn't comfortable with, lived with relatives some, never felt at home. To top it off, her neighborhood TRIPLED in value after she sold. She was sick about all this, and wished she had just stayed put in her home and lived comfortably there.

@AudraLambert 3 місяці тому

Oh that just hurts my heart. Sorry to hear that...but thanks for sharing!!

@karlabritfeld7104 3 місяці тому

There ya go

@redhatbear1135 2 місяці тому

There was an old rule about not selling during the first year. But it’s hard to get people to listen sometimes. A neighbor gave away her husband’s nearly new car and regretted it within 8 months! We tried to tell her to wait but it fell on deaf ears. And, this is not nearly as serious as a house!

@AudraLambert 2 місяці тому

@@redhatbear1135 Yes, I have seen people make bad decisions out of fear. Never a good idea to make important decisions when you are not in a good mind set to do so. I hate hearing stories like this...but they are good to learn from. Thanks for you comment.

@geraldinevera2829 2 місяці тому

God will never forsake you God is not done God has a perfect plan❤

@user-ee9lj7bg6v 4 місяці тому

Your 100% right I an Woman immigrant from El Salvador arrived to USA 40 yrs ego with $150 dlls in my pocket 35 years ego I bought a 5 family 2 stores building in NYC I bought it for 250k now have a value of 4 M plus ( note I don’t like to sell ) This building already Fathered more than 10 properties I an 66 years old Thinking about retirement . ( GOOD LUCK FOR EVERYONE )

@AudraLambert 4 місяці тому

Wow...thanks so much for sharing your story. Well done!!

@carloscardona9255 2 місяці тому

Sounds like my grandma. She came here to the states , from el salvador around 40 years ago with my dad. Bought a home in Los Angeles. The government wanted it so she sold it to them and bought 3 more homes. She kept doing that throughout her life and now she has like 10 homes. 2 or 3 in Cali and 7 in las vegas. That's where we are now.

@AudraLambert 2 місяці тому

@@carloscardona9255 Ahhh...I love hearing that. She sounds like an amazing women.

@user-ee9lj7bg6v 2 місяці тому

AHHHH SAY HELLO TO U GRANDMA SHE DID WELL DONE

@deliaocampo4340 2 місяці тому

To be wealthy is how to manage life and money goals determination work hard to be financially stable blessed thanks God♥️🇺🇸

@macpduff2119 2 місяці тому

You have such a pleasing demeanor. My daughter got her real estate license and learned how hard it is. I just want to acknowledge your charm

@AudraLambert 2 місяці тому

Wow...that really means a lot to me. Very very sweet. I have had a very rough week and your comment has really lifted my spirits. Yes, real estate is a challenging industry to get into...best of luck to your daughter.

@davidrubaloff8652 5 місяців тому

Your absolutely right. Had I kept all the properties I would have been sitting pretty in retirement.

@kahvac 5 місяців тому

Opportunity is coming around again if you're interested.

@AudraLambert 5 місяців тому

Me too...its still never too late. You'll know when its right again to jump back in if its the right thing for you. Thanks for your comment.

@elizabethmurray5718 4 місяці тому

Are people buying at the top of this market?

@AudraLambert 4 місяці тому

@@elizabethmurray5718 Yes, housing inventories are still very low (at least in my area). The luxury market is a bit sluggish right now (properties over $2m). Its just taking 60-90 days to get properties into escrow in my area...but there are still buyers out there...especially with mortgage rates coming down. Don't know how people are affording it.

@LoveOneanother13 2 місяці тому

Us toooooo!!!!

@andyp91 3 місяці тому

Everything you're saying is making terrific sense. 70 now and all my friends and family who sold homes because they thought it had gone up too much already looked back and shake their heads.

@AudraLambert 3 місяці тому

Thanks for your comment. Its very difficult to time the market. My biggest regret is selling the homes I did. Ugh.

@ralphfinklea7855 5 місяців тому

I sold my house when I moved to Mexico and regretted it because the house would have been a good rental property. Luckily I was able to buy a couple of rentals after that mistake and will not make that mistake again. Holding real estate is the best investment.

@AudraLambert 5 місяців тому

Agreed!! Good for you for getting back into the market!! Well done!!

@eyedrz 3 місяці тому

How refreshing. An expert telling you how it really works. I'm signed up to learn more. Thank you Audra

@AudraLambert 3 місяці тому

Ahh...thanks so much!! Glad I could help.

@mariomenezes1153 5 місяців тому

Audra, love your channel, advice and presentation. Thank you!

@AudraLambert 4 місяці тому

Thank you so much! Appreciate your support.

@lifeinthemo2372 2 місяці тому

I LOVE LOVE your advice. So many other content creators our advising people to start liquidating and pay things off in cash which yes, makes sense. It’s more sense of security, but it wasn’t easy to save up the initial down payment for the rental that we have now, and just to think of having to go through that all over again I’m in my 40s now my husband and I are both in our 40s now and to do this all over again I just don’t see that happening especially because circumstances have just changed for us. I’m no longer working due to health issues so it’s not so easy now that we’re a one income family. Ty for this advice. I was literally on the fence of talking to my husband about putting our rental up on the market. Thank you. I think we’re going to hold.

@AudraLambert 2 місяці тому

Thank you so much sharing. Just consider the pros and cons of selling vs holding. Homeownership isn't for everyone. Everyone's circumstances are different. Holding real estate for the long term has proven successful for me. Thanks so much for watching my video. Sorry to hear about your health issues. Blessing to you and your family.

@moepow8160 5 місяців тому

Thank you for calming me down. Your right. We almost sold one of our rentals, but didn't. Listen to her and you'll be better off in the LONG run. Waiting works. Thank you.

@AudraLambert 5 місяців тому

So glad I could help. Everyone has different financial situations. I would just say focus on the long term. I know being a landlord can be a pain but it usually pays off in the long term. The days are long but the years are short:)

@feesor 2 місяці тому

What about long distance renting. Did you hire a management company.? Looking at second property 1000 miles away. I will not take a lowball offer after. I replaced everything. Has good bones.

@florencehendrick4781 2 місяці тому

Awesome wisdom. I can identify with you, because I've done the same thing several times. Emotional times, and now I wish I had those properties. I've never had a realtor share such honesty. Blessings to you in fathomless measure.

@AudraLambert 2 місяці тому

Florence, thank you for noticing me...I really appreciate you. Blessing to you too!!

@kellyk.4892 3 місяці тому

Audra, I really appreciate your wealth of knowledge and how you seem to truly care about other people. 😊 It is also very refreshing to see a person, who is obviously very busy, taking the time to personally answer questions from the viewers. Your are a gem! ❤

@AudraLambert 3 місяці тому

You are so welcome! You just made my day. I do truly care about other people. It brings me joy:) Thanks for you kind compliment.

@yannip2083 5 місяців тому

Great video! Thank you, Audra, for being professional and honest!

@AudraLambert 5 місяців тому

You are so welcome! Appreciate your comment!!

@monicaleon7605 2 місяці тому

Very helpful tips! I'm currently working on getting my RE license. I'm glad I came across your channel. I need to learn from the best. Thank you! Btw, I love your blouse!

@AudraLambert 2 місяці тому

Glad it was helpful! Please watch my channel if you are learning. You'll know more than most agents out there...I promise. Best of luck to you. You'll do great!! Thanks for the compliment. Means a lot.

@dwaynemcallister7231 2 місяці тому

Audra, thank you for sharing your wisdom and experiences, much appreciated!

@AudraLambert 2 місяці тому

You are so welcome! Thanks for watching!!!

@florencehendrick4781 2 місяці тому

I hope that your channel goes viral and millions subscribe. Honesty is priceless...

@AudraLambert 2 місяці тому

Ahhh...that is the nicest thing to say. I really appreciate it!!

@melrosepnn 2 місяці тому

I subscribed! I appreciate that you are sharing your knowledge and personal experience.

@AudraLambert 2 місяці тому

Thanks for the sub! Really appreciate your kind words. Always good to learn from someone else's mistakes.

@russellrobert6084 2 місяці тому

I became a subscriber the other day. I enjoy your videos and appreciate the information you provide... straight to the point and not a waste of time. Thank you.

@AudraLambert 2 місяці тому

Thank you so much for subscribing. I really appreciate it...so glad you like my videos. Means a lot to me!!

@markemma5 5 днів тому

I really appreciate your wisdom and transparency. Such reasonable advice. Plus you have a great way about you. Wish you lived in NJ. We’d be calling on you.

@johnlozano5054 2 місяці тому

Finally a savy and sincere information. All you said truly make sense and is very helpful and valuable. Thanks and I will keep looking for your amazing videos.

@AudraLambert 2 місяці тому

I appreciate that! That really means a lot of me. Thank you!!

@johnlozano5054 2 місяці тому

I already saw at least 10 of your amazing videos and keep learning, thanks a lot. People change lives and don't even have an idea about it. You are one of those. Thanks

@AudraLambert 2 місяці тому

@@johnlozano5054 wow...thank you so much!! You just made my day!!

@terrifiorelli9819 6 місяців тому

Sold my beautiful home on acreage at a dirt cheap amount over death of husband. Had only one offer due to limited people in my price point in 2010. Realtor pushed me to take this low offer. That house today would have made me another $700,000. Oh well, it is the past.

@taroman7100 6 місяців тому

I hear ya. But timing a market it is a challenge. Doesn’t come with a crystal ball. Same thing here

@AudraLambert 6 місяців тому

Thanks for sharing. Its difficult to make decisions when times are tough. Trust me, I can relate. Its pointless to dwell on the past...just good to learn from it. That is the purpose of this video is just to have people be aware of the downsides of selling in the short term. There are always reasons for selling...just want people to know what I didn't know back in 2008/2009. Thanks for your input.

@elizabethmurray5718 4 місяці тому

If you have an expensive home, you have to find someone who can afford it.

@AudraLambert 4 місяці тому

@@elizabethmurray5718 Yup, the more expensive the property, the less amount of people can afford it.

@reesedaniel5835 2 місяці тому

Don't feel bad. $700,000 today is like Mexican pesos (due to bankster theft called inflation). The $100k or so you got back then went a lot further.

@chasesanborn 3 місяці тому

As a fellow UKpostsr, I regret that some folks feel the need to rudely criticize that which is provided for free, and I admire the grace with which you reply. For myself, I've noted and appreciate the move away from retention editing on UKposts, however your views are certainly validation and your content is fantastic. I only discovered your channel yesterday and I've watched about a dozen videos.

@AudraLambert 3 місяці тому

Wow...thank you so much for your comment. I love that you are a fellow youtuber. You understand:). Really appreciate you kind words. Means the world to me.

@Carol-pv1gu 2 місяці тому

I just found your channel and I love it! You got a new subscriber 🌸

@AudraLambert 2 місяці тому

Yay! Thank you Carol! Means the world to me!!

@FD-mp6mc 2 місяці тому

Audra, wish I'd have heard your brilliant message 5 years ago before I sold my lovely farm. God bless you for giving real advice. Much appreciated 😊

@AudraLambert 2 місяці тому

You are so welcome! So sorry to hear about your regretting selling your farm. I have regrets selling my homes, as well. Thanks for watching.

@Bob-cd5pp 3 місяці тому

Thanks for the Honest Wize thoughts / we all have homes we should not sold in our families.

@AudraLambert 3 місяці тому

You are very welcome!!! I can relate to selling homes I wish I never did. Thanks for your comment.

@MC-uw8is 2 місяці тому

I am a homeowner and single mom with 2 kids! I am so blessed that God gave me the house before all this renting high situations. Thank you you gain another subscriber and yes! You will get your 5000 subscribers and more!

@AudraLambert 2 місяці тому

Thank you so much for sharing. I love that you are happy with your housing situation. You do sound blessed. Appreciate your support on my channel. Means a lot. Just trying to help the consumer out there. Someone's got to:). Blessings❤

@rssmith289 6 місяців тому

Hi Audra, we get your mailers occasionally. So happy that you make your videos. It gives me an idea on who you are. Your honesty and vandor come right through your videos.

@AudraLambert 6 місяців тому

Ahhh...so happy to receive this feedback. Really appreciate you reaching out!! You'll be getting. more mailers:)

@hellothere4724 2 місяці тому

This is a great video. This is wisdom. I don’t sell because I know the windfall I get will be gone within a year or two.

@AudraLambert 2 місяці тому

Ahh..thanks for your comment. Appreciate it.

@AshleySpeaks4U 2 місяці тому

Right. We can't live off of what we get for our homes. Not now!

@AudraLambert 2 місяці тому

@@AshleySpeaks4U Well, rents are going up...so that does help. But I do hear ya...cost of living is sky high right now.

@denisehughes2898 5 місяців тому

I'm not that concerned whether my house value raises or plumets. I bought a fixed up, smaller home that I could pay off easily. So, whatever happens to the real estate market, I have FREE RENT!

@AudraLambert 5 місяців тому

Love it! Well done!

@InvestingWithAdamK 2 місяці тому

Downsizing is tough. Mentally I want to downsize, but realistically I’m not ready to downsize all my stuff to do it.

@AudraLambert 2 місяці тому

I know, I hear ya. I think it sounds good in theory but very difficult to do.

@jtixtlan 4 дні тому

Worth doing! Pick a room or a category and do it. It will make your home more enjoyable, it will free you to sell but it doesn’t force you to sell. Do you want to weed out what is important and what is not, or do you want a relative to have to do it for you?

@rebeccar7059 2 місяці тому

First time viewer to your channel! Great reminders, Audra, thank you. Hubby and I are holders at heart, but when we’ve sold it’s bc we needed the equity. We’d love to turn our current house into a rental, but I worry that the finishes we’ve put into the home (hardwoods, subway tile) would get destroyed by renters.

@AudraLambert 2 місяці тому

Thanks so much for watching my video. I hear ya, renting out a property is risky. If you do decide to go for it, just pick your tenants carefully. I have tenants in a property where they actually take better care of it then I would...Be Selective. Holding a property or selling a property is a big decision. I would just weight the pros and cons. You'll make the right decision.

@silado5481 2 місяці тому

Thank you so much for your advice.

@keithhowes5692 2 місяці тому

Such great advice! I purchased a townhouse as a rental this year using a HELOC. 7.25% interest hurts, but no competing offers is very nice. Don’t count on it, but interest rates should eventually go down. Just gotta hang in there.

@AudraLambert 2 місяці тому

I agree with you...I do think rates re coming down. Appreciate your compliment. Means a lot.

@bettysmith4527 2 місяці тому

Not a great idea, what if we have another COVID and your tenants don't pay rent for two plus years?!

@AudraLambert 2 місяці тому

@@bettysmith4527 My tenants paid through covid...and so did all my clients who found tenants through me. Screen very carefully...and check their references and make sure they have a JOB.

@danhuayan777 5 місяців тому

Thanks a lot for your timely video 👍👍

@AudraLambert 5 місяців тому

Of course...happy to assist. Best of luck!

@user-bv1rv2oy2f 2 місяці тому

You are the best!!! This info is gold!!! THANK YOU!!! Kathy

@AudraLambert 2 місяці тому

You are so welcome! So glad you got some benefit. Appreciate the support.

@clarkgriswold-zr5sb 2 місяці тому

Thanks for the reassurance! About to buy an other house nearby that fits our lives and business much better. But selling the old house is going very, very slowly. We made a plan knowing how long we could continue to pay the mortgage (at 3.2%) on the original house and be just fine. But I have been really getting more and more anxious lately. Your video has helped immensely. Might actually be able to sleep tonight!

@AudraLambert 2 місяці тому

So glad you got some benefit from my video. It’s a tough decision. You just have to weigh the pros and cons. There are not too many people I know that regret holding their homes long term. 😀

@Lisa-yq7ug 5 місяців тому

Thank you. I wasn't sure how we could buy a new home and keep the one we own.

@AudraLambert 5 місяців тому

Glad I could help! Best of luck...and thanks for watching.

@adesign3755 4 місяці тому

I appreciate your honesty! I bought my first house by saving my income tax returns for a few years. That was the smartest thing I ever did. And I too recommend to live below your means, save money for a rainy day. It all adds up.

@AudraLambert 4 місяці тому

Good stuff! Thanks for your comment. Really smart saving your income tax returns. Well done!!

@mandybradley3079 2 місяці тому

Thank you so much. Your advice is priceless. These are difficult times.

@AudraLambert 2 місяці тому

You are so welcome. I agree, these are difficult times. Happy to assist.

@danaabadal1707 Місяць тому

wow! you are great! i already feel this way, but hearing a realtor saying what you are saying is very nice.

@AudraLambert Місяць тому

I appreciate that! Really appreciate your kind words...means a lot to me.

@OlgaMax888 5 місяців тому

Audra, thank you for this video ❤ 🙏 I am on the cross roads with my house in LA and your experience helped me put things into perspective. I don’t have any pressures to sell my house, but with everything going on in SoCal I am not 100% sure if our properties will appreciate or depreciate over time. And this is where FOMIO kicks in.

@AudraLambert 5 місяців тому

The hardest thing for me to do in real estate is HOLD when things got tough. I did invest in areas that were growing and thriving back in the day. I regret selling because I did go to a lot of work buying and spending the time investigating the proper areas to invest. If I would have just cooled my jets, had a plan, and stuck with it, I would have been in a much better position. Southern California is a very desirable area and most of our land is gone limiting new areas to be developed. Not sure where you live in LA. I know some areas are better than others. Thanks for your comment and best of luck with your decision.

@amanacatandhisdog8836 3 місяці тому

Really great advice here. Really thorough.

@AudraLambert 3 місяці тому

Glad it was helpful! Thanks for you feedback! Means a lot!

@jonnykguitarist8770 2 місяці тому

Subscribed and liked! Hope you get at least 50k subscribers soon! Thank you for the video content.

@AudraLambert 2 місяці тому

Thanks for the sub! That's my goal for the year $50k subs. Honestly, I just want to help as many people as possible. Appreciate your kind support.

@bryanfews5295 4 місяці тому

Thanks for sharing your story !

@AudraLambert 4 місяці тому

Happy to share. Appreciate your kind comment.

@Notsosimpleliving 2 місяці тому

Our why for selling is to move 2000 miles to be closer to our kids that moved away and now having our grandchildren. We love our Indiana home built in 1872 . It needs so much work but it's on a few acres with beautiful setting and good location. We have already purchased land and put in a well at the new property but it's gonna take a miracle to sell this old home. I wish we could keep it, but renting doesn't seem feasible. We are tired and "poor", and don't want to do all the renovations it would take to make it up to snuff. We could do a heloc to develop the new property, but does that even make sense with the 2000 mile distance. It's a dilemma! 😢 My husband has the same philosophy as your's about cars! Really enjoying and value your no nonsense info and advice!

@AudraLambert 2 місяці тому

Hello there!! Thanks so much for sharing your situation. Holding multiple homes isn't for everyone. Your financial situation, financial risk, phase of life all comes into consideration when considering buying or selling any home. Sometimes the maintenance is too much for people. I would just seek the advise of a trusted advisor. Sounds like you know what to do. Really appreciate your kind words...means a lot.

@Notsosimpleliving 2 місяці тому

Thanks Audra! I couldn't sleep so wrote that at 3 a.m. You must be up awfully early writing replies! Really appreciate that dedication to your channel. Have a nice day!

@olivecracker1 2 місяці тому

Im looking for a fixer upper in indiana. Im in northern indiana. What area is your house ?

@partsandlaborgroup 2 місяці тому

Shockingly honest advice.

@AudraLambert 2 місяці тому

Ahhh...thanks so much. Appreciate your comment.

@AlysiasArtStudio Місяць тому

OMG! Fantastic information! Thank you 🙏

@AudraLambert Місяць тому

Thank you so much. I really appreciate your kind words!

@mateoneedham6807 5 днів тому

Hey, great video. Great advice. The market cannot be timed because time keeps on tickin' tickin' into the future.

@AudraLambert 5 днів тому

Very true! No one has a crystal ball:)

@kristenmerrill-nl2dh 6 місяців тому

Wow! This one video has catapulted you towards your year-end goal of 5k! Congrats!so close now

@AudraLambert 6 місяців тому

I know! So exciting!!

@ShogunHull 6 місяців тому

Thank you, Audra. i subscribed to you so I can learn from you. ty ty.

@AudraLambert 5 місяців тому

Thanks for subbing! Happy to help!

@auctevia 6 днів тому

Good advise and sincerely helping owners with financial advise. Hard to find folks like you who are truthful and living a good life. Good vibes throwing at ya.

@AudraLambert 5 днів тому

Well thank you so much for that...really appreciate it.

@SkyOceanBleu Місяць тому

I sold two of my past primary homes, and I regretted both of them. Should have kept at least one of them. I come back to listen to you again whenever I get the itch to sell.

@AudraLambert Місяць тому

Laughing...I listen to my videos too as a reminder. lol!

@rheahorvath9274 6 місяців тому

First time I saw you. Made very good sense! Your advise is very understandable and basic enough for all to understand! Picked up a major finance tip that didn't occured to me! You are good at separating the reality from the emotion!!! You are handling real estate in California! God help you!!🤣😂🤣 Thanks much for round of "uncommon sense"!! Subscribed! Good luck!!

@AudraLambert 6 місяців тому

Ahhh...thanks so much! I really appreciate your kind words. Glad you got a tip out of the video. Have a wonderful day!

@user-xp5qx8wg9x 2 місяці тому

It's so generous of you to share your experience and education. So many of us invest all of our income in our house so it will take care of us when we retire but we don't have the know how to make good decision around it. I appreciate every word you say.

@AudraLambert 2 місяці тому

So glad you got some value. Really appreciate your kind comment. Means a lot to me.

@jimbriola6264 2 місяці тому

Thank You for the valuable information.

@AudraLambert 2 місяці тому

You are most welcome

@phi765 2 місяці тому

This is timely great advice! Thank you! 🙌🏾

@AudraLambert 2 місяці тому

So glad you got some value! You are so very welcome.

@trashtrashisfree 6 місяців тому

Bought my house for 35 K in 2008 in denver. Mold infested bank repo 800 sq ft 5 years later I had a fixed up paid off house. My neighbor's paying rent what I pay in property taxes per year. I also have no stairs so this is the house I can live in for a very long time.

@AudraLambert 6 місяців тому

Good Job! So happy for you!!!

@nadjadavidson411 5 місяців тому

Such an interesting video. We had an AirBnB type business and 12 properties. We sold up and closed on the last condo a month before the bubble burst. The best thing we could have done! We got back in again in 2013 with a different concept. Just sold up again and sitting tight.

@AudraLambert 5 місяців тому

Best of luck to you! Always good to invest in your future. Sounds like you have a handle on "things." Thanks for your comment!

@user-ke9yk5qp3u Місяць тому

And ruining one residential neighborhood at a time! Airbnb 👎

@elidiamuciu3648 2 місяці тому

Thank you for your advice!❤

@AudraLambert 2 місяці тому

You are so very welcome. Happy to help!

@RightPhalanges 4 місяці тому

Thank u for ur advices...am trying to make good decisions too.

@AudraLambert 4 місяці тому

Everyone's situation is different. Just weight the pros and cons. You'll make good decisions:)

@jimmycarter9099 5 місяців тому

I have a house that I fully own just to have a place to go if I ever need to I would not rent it for a million dollars 😊 great video 😊😊

@AudraLambert 5 місяців тому

That is awesome! Well done!! And thanks for your comment!

@21silvermoon 3 дні тому

Watch out for people who see an empty house and live in it. It's hard to remove them.

@1mw4tch1ng 2 місяці тому

of course, talking with a realtor will coach you to sell your house for self-preservation (commission). Even your friend realtor will talk you into selling the house, what a friend!!! Yes, renting your home will create positive income but what happens when renters do not pay and tenants have rights like in California and San Francisco. The Gov will allow homeowners to sink as long the freeloaders have a board and room to stay in. So it is easier said than done about keeping your home. That will work if you have a lot of reserve in case the market, jobs, etc are down otherwise will end up in foreclosure. We hope the Gov will do the same to lenders and not allow homeowners to foreclose but unfortunate politicians are bought by the corporations.

@AudraLambert 2 місяці тому

I hear ya. I live in California too. Its always good to have an eviction specialist. I have a good one, if you ever need one. Reasonable too. Obviously its always a good idea to screen any tenant. There are risks to renting for sure. I am renting my investment property out at a slightly reduced rent because the tenants were solid, with great FICO scores and have a steady job. It really important to find a good tenant. Some landlords will just rent to whoever fogs up a mirror...be careful!!

@susanschroeder3512 5 днів тому

Dear Audra, We enjoy your series. Quandry~ a.) To sell, building inspectors might not like Trees growing close to home, plumbing/moisture issues. b. TO Rent, vintage 3-family home often has surprise issues like oil tank leaks, etc. or Health Dept potential issues. (Thankful we have new Roof/Boilers/asphalt driveway/windows) So, I am paralyzed as to a decision. Believe me, I can stage and home appears with gorgeous curb appeal but that cannot correct above issues. Thanks for EVERYTHING. It's tough to stay here and tough to consider selling and that future. Sue

@user-io3vs7fz5j Місяць тому

It is a great video thanks for the great information and well delivered. This is exactly what I was looking for.

@AudraLambert Місяць тому

Glad it was helpful! Thanks for watching.

@donnaanderson5669 5 місяців тому

I did get an offer for $850,000. However the price in this area with a new development is 1 million per lot

@AudraLambert 5 місяців тому

I hear ya...but you have to be careful with competing with new developments. You are probably not offering what the new builders are offering. In my area, builders are offering mortgage rate buy downs for their buyers, throwing in a ton of upgrades. In fact, some builders are actually including landscaping in their transactions. Its easier for buyers to go the new builder route also, because most new development will accept a contingent sale. Buying a new home has its pros and cons. Its much easier for a buyer to get into a new development because the builder is assisting with financing, upgrades, and are willing to work with contingent offers (because they have plenty of units to sell).

@brighid13 6 місяців тому

I have a property that I wanted to rent out but I have to do too much maintenance to it. Too much cost is going into the fixing it up so it is too expensive to keep it vs renting it out.

@AudraLambert 5 місяців тому

If its too expensive to maintain the property for you, then perhaps it makes sense to sell. You don't want to rent out a property with tenants in the property where you cannot guarantee everything is going to be working properly or safely. Its never a good idea to be over leveraged. If you do have a lot of equity in your home, and the rents are very lucrative for you (you'd have to do the research) you could always take an equity line of credit out to do some of the repairs. With the extra cash flow you'd be receiving from your property, you could pay down your loan. This only works is the property would cash flow well for you. Just trying to give you options. Best of luck...and thanks for watching.

@brighid13 5 місяців тому

@@AudraLambertthank you for educating me on this. Unfortunately also for some reason my house is a condo and there is one down the street same make and model with the owner trying to rent out his unit and his for rent sign has been up for months. So it is not looking good to rent even if the maintenance was not so bad. There was another unit that was for sale with same make and model and it sold really fast. So I think it just makes more sense in my case.

@AudraLambert 5 місяців тому

@@brighid13 Yes, totally understand. Each situation is different. Not all markets respond the same way. Sound like you've done your research. This may be the right time for you sell. Best of luck to you...truly!

@lindabohl2454 2 місяці тому

Thanks for sharing!❤

@AudraLambert 2 місяці тому

You are so welcome!

@cogama7846 6 місяців тому

Exactly I went to see a 3 family- I walked in it had a bad cat spraying smell and they did not even sweep or mop the internal common areas When I sold my property my x was like you don’t have to clean that I left the unit cleaned cleaned behind all appliances!

@AudraLambert 6 місяців тому

That is disgusting! Can't believe people do that!

@stoneyswolf 3 місяці тому

I just purchased a second house that I'm moving into and wondering if I should rent out the house I'm currently in but it worries me being a landlord and all the nightmare stories I've heard about with crazy tenants.

@AudraLambert 3 місяці тому

I get it, it can be a nightmare. You just have to be very thorough with who you lease your house to. If you find a good property manager, they can be worth it. They take out all the headaches and do a good job of managing your tenant. Its less personal that way too. There are a lot of horror stories out there...I understand your concern. However, it is nice having someone cover. your mortgage and/or provide cash flow. Best of luck to you.

@rocketman7471 2 місяці тому

Check them out thoroughly! Talk to previous landlord Do not rent to anyone that does not have someone that they have rented from because that will tell you a lot. If you do this you're guaranteed pretty much success if you don't do it then you are left wide open for a renter from hell!

@AudraLambert 2 місяці тому

@@rocketman7471 Great advice! thanks for commenting.

@Furbabypawprints Місяць тому

All good points. Love that last tip.

@AudraLambert Місяць тому

So glad you think so..thanks for the comment.

@dolittle6781 2 місяці тому

Very astute advice! Thank you.

@AudraLambert 2 місяці тому

You are so welcome! So glad I could assist!!

@peternorthrup6274 2 місяці тому

We never tried keeping up with everyone else. We bought are home new and stayed put. We retired at 55. We aren't rich. But very comfortable. Some of are friends have big fancy homes. Of course we are jealous. But they will be working till they are dead. Work sucks.

@AudraLambert 2 місяці тому

Laughing...I am glad you are comfortable and enjoying your life. I am 55...but I really like working;). You can always visit your friends fancy house. Sounds like you made the right decision. Well done!!

@msbeecee1 2 місяці тому

U were the smart ones! Retire & enjoy a house that is tried & true

@rocketman7471 2 місяці тому

Not not if you're making 2000 to $4,000 a week working😂😂

@Jkaye13 2 місяці тому

You aren't really jealous because you are retired! ..and not still working your butt off to pay for a bigger house 😂 l would never be jealous of a bigger house that would require more 'blood sweat and tears' from me at my age.. life is too short.

@AudraLambert 2 місяці тому

@@rocketman7471 Heck, who makes that?

@jimmycain8669 2 місяці тому

My home has been in the family since 1899 and it ain’t for sale. It’s no palace but it’s been paid for a long time.

@AudraLambert 2 місяці тому

Sounds like a palace to me...all paid for? That is priceless!!

@susanschroeder3512 5 днів тому

HOW do you deal with all the this old house, syndrome? Our is 1894 vintage, small mortgage. Just jumping hoops often with taxes, repairs it's a 3-family.

@poodledaddles1091 Місяць тому

I’m getting ready to put my house on the market. I listened to the video and I know it is the right decision for my age and the condition of the house. Thanks for your insight!

@AudraLambert Місяць тому

Perfect! You'll do great. Best of luck to you!!

@bettyrubble9420 Місяць тому

This was great, very helpful and informative. You are very likeable, my first impression is good moral character. Thank you for posting this video

@AudraLambert Місяць тому

Awesome, thank you! Really appreciate your comment Betty.

@kingsleykronkk3925 2 місяці тому

Residential property is unlikely to crash, at worst only pull back slightly at the very most for a short period until the new investors gobble the over committed owners at reduced prices, then the prices rise again, rinse and repeat. Too many cashed up boomers in retirement with investment residential properties, self funded property in superfunds, Vanguard and Blackrock indirectly fueling the system. Investors are leaving commercial property and shops due to the excess fees to maintain them compared to online shopping suppliers. Residential rental properties are more viable now. The population all needs a home, but they don't all need a building. Supply and demand and restrictive land approval and shortage of cheap housing builders and expensive materials is inflating the endless cycle now.

@AudraLambert 2 місяці тому

You make very good points. Commercial is getting hit harder in my area. The housing market does have their cycles. Thanks for commenting and watching my video.

@dimitrybugrimov7170 6 місяців тому

Great video and information. I completely agree the long term appreciation in the home equity is 10x more return than 2-3 year flip.

@AudraLambert 6 місяців тому

Appreciate your comment...agreed. I think its hard to see long term appreciation in Any investment..especially when "things" slow down....which they always do. Thanks for watching.

@jean-claudepayette3940 3 місяці тому

Wonderful advice for life; gratitude for sharing.

@AudraLambert 3 місяці тому

Glad it was helpful! Appreciate your kind comment.

@rose2525bud 3 місяці тому

What a fantastic video! Thank you 😊

@AudraLambert 3 місяці тому

You are so welcome! Thanks so much for watching. Means a lot.

@DeborahKettle-bs6du 3 місяці тому

I listed my house in 2022. I wanted to buy another house in an area my grandson loves since he will inherit it anyway, but I quickly realized that the only people who made offers were Chinese investors. I decided to save my neighbors the hell I might leave them. So I've kept the house. It's paid off and my only worry are the property taxes that keep going up, but I always manage to save it and then some. I thank God for his help ❤

@AudraLambert 3 місяці тому

Sounds like you made the right decision for yourself. Why are your property taxes going up? The property taxes (at least in California) should go up gradually. Everything usually works out. My motto: One day at a time.

@reesedaniel5835 2 місяці тому

@@AudraLambert To pay for healthcare, food and luxury hotels for the illegals the scumbag government is bussing into our country to destroy it from within and make us all a homeless communist cess pool.

@susanne1756 6 місяців тому

In a perfect world, taking a 2nd out on your primary residence and investing in another would be great. I live in California, and due to our Governor, tenants have been able to live rent-free for the past 3 years. It's a Tenants world here, and they have control...the landlords can go Broke, and many have because of this. Renting is a crap shoot here, one that can destroy your peace and financial situation.

@AudraLambert 6 місяців тому

HI Susanne, if you live in Orange County and you ever have an issue, I have a great eviction contact who knows the laws and has been a God send. It's super important to screen your tenants. Doing background checks, run FICO scores, verify employment, asking for bank statement and/or tax returns gives you a better picture of who you are renting to. It's doesn't always work..but does help find a better tenant.

@CarmenHernandez-vl2mh 2 місяці тому

THANK YOU FOR YOU INFORMATION. I HAVE 10 HOUSES BETWEEN NY AND CT. I WENT FROM FORECLOSURES TO BANKRUPT. I HELD MY HOUSES LIKE MY LIFE. I NEVER SELL,I RENTED. THE REAL STATE HAVE ONE WAY TO MOVE AND IS UP. THIS HOUSES THAT I PAID 120 THOUSAND ARE MILLIONS NOW. I LOVE HOUSES. MONEY IS JUST PAPER.

@AudraLambert 2 місяці тому

You are very welcome...and congrats on your success. Love to hear it!!

@KingArtexerxes 3 місяці тому

I’m a bit uncertain what to do, so I do nothing except work on my house when I can. I’m 71, been retired about 9 years, no savings, living on SS. My mortgage is $840. I live in a city. The house needs some repair. Last year I started painting the exterior, and hope to finish it this or next year. I have some money from insurance company to replace the roof and have a roofer and waiting on getting that done when it warms up. Will be replacing one window (purchased) and front door (from money back from property tax this year). AC went out years ago so I use a window AC upstairs and a portable one downstairs. The furnace is about 22 years old, but still works. The back patio door needs fixing or replacing. The sliding screen door is broken. One bedroom has sheet rock removed because I added insulation. A downstairs room needs walls too because of water damage and added insulation, including finishing a bathroom there. Only has toilet with no walls. Shower there but again, no walls. Kitchen electric stovetop very old and should be replaced. Lots of fun. Would like to sell house and move to a more rural area, where more room to garden and away from any future unrest in cities. So as I said, not sure what to do except plug along on repairs.

@AudraLambert 3 місяці тому

Hello there...thanks so much for sharing your situation. Sounds like you are very handy. Everyone's situation is different. Holding your property for the long term may not be the best solution for your situation. As we get older and are focusing on downsizing or living in a different area, sometimes selling is a good option. Depending on your area, inventories are still low and some buyers are willing to purchase a property AS IS. May be something for you to consider. I really like the idea of gardening. Appreciate your comment. Best of luck to you. ❤

@merrywalsh2809 6 місяців тому

In late 2007 a luxury residential high rise in downtown Seattle was completed. All the units were sold, and all of the happy buyers moved in, myself included. There were parties in the lounge and on the terrace. We were a happy community of professionals. Cut to a few months later, and the collapse. The building became doom and gloom, as owners became short sellers and there were even foreclosures. These were owner residents. There were very few rentals. I knew I was going to ride it out. I bought with the intention of living there many years. Why would I sell? I knew there is no price on my property until I sold it. Ten years later, I did sell, at top of market as it turned out.

@AudraLambert 6 місяців тому

Well done! Its hard to hold onto properties long term when it feels like you're loosing value on your home during a housing correction. If you're able to hold onto your real estate long term, it usually pays off. Congrats! Thanks for your response.

@sorry9388 6 місяців тому

I had four rentals and got them paid off in Phoenix and decided about five years ago to sell. I sold one and then got hit by a car while sitting in a McDonald’s restaurant. My back facing the parking lot and an old man hit the gas and not the break. Push the wall in a foot on my lower back. My whole life came to a halt for a year and I got better finally. But I never sold my other three and I am so glad! They are the best rentals $ and I really enjoy working on them. Just funny how life can be.

@AudraLambert 6 місяців тому

Holy Smokes...what a crazy story. I am so glad you are better. You never know what's going to happen in life. Glad your investment paid off. Sometimes the hardest thing to do is HOLD. Glad you have good renters and are making passive income. Way to go!

@rjordansr65 6 місяців тому

Very good info Audra!! Appreciate your honesty and sharing your experiences!! Keep informing the masses!! Old Marine.

@AudraLambert 6 місяців тому

You bet! Will do. Thanks!! Appreciate your service

@rocco1458 12 днів тому

Great and very important information. Thank you very much and god bless.. Love this video.❤.

@AudraLambert 12 днів тому

You are so welcome! So glad you like it.

@lanafeulner4083 6 місяців тому

You are wiser than your years!! God bless your parents for teaching you great lessons. Excellent video!!

@AudraLambert 6 місяців тому

Thank you so much! I'll tell my parents too:)

@alanademers6579 2 місяці тому

We had rental properties and errant renters too. 2008 was a devastating year for us and a son in college. It brings one to basics: if my health and happiness matches that of healthy husband and sons, then I am rich and can live anywhere in any fashion. We rode it out and did make some sales later that were right for us. In 2021, we decided to sell our primary residence on a whim and it sold in 1 day. 5 weeks to vacate a home we lived in for 27 years and raised children. It was like ripping off a bandaid but, worth every moment to embark on an adventure. We went from 4000ft’ to 1300ft’ and we felt young again. We explored many places to move to yet found nothing that made sense as far as structural integrity/ price to buy. We own land and are currently building a new house with more low maintenance materials than our last house. Actually, we are going against the grain of typical retirees. We are upsizing as living in 1300ft’ is too small. Our new build could be considered multigenerational as the design allows for fluidity/ flex purposes of some rooms which we are actually leaving unfinished. With all the new codes and State / Federal regulations this new build is a much sounder structure than the last that we had for 27 years. Sorry, but many men need a home for exercise. All he does here in the townhouse rental is sit. Everything outside is done by rental company. I, however, do same kind of housework as in my last home. Men typically don’t go to a gym but, mowing a lawn, seasonal change work, etc., is good for them. We have no regrets on any of our decisions because you make a choice at the time based on the circumstances you are dealt with at that moment. Thank you, Audra, for your honesty here. Few realtors would turn down pushing a sale and thus losing that fee. Kudos to you!

@AudraLambert Місяць тому

Sounds like you are making some great decisions for yourself. I am glad to hear that you are building something of quality, they just don't make homes the way they used to. I am, laughing about your comment about how men just sit in a small space, I was raised on small farm where my grandparents lived to be 96 and 98 years old. They had purpose. They had to get up everyday and do their chores. It's kept them young. Best of luck to you on your new adventure and thanks so much for your kind words.

@273VIPER 5 місяців тому

Great content 👌🏾

@AudraLambert 5 місяців тому

Thanks for watching!!

@rayrushforth6390 51 хвилина тому

like your presentation...nice work

@goldenparachute392 5 місяців тому

I love your silk blouse and earrings ❤ you should share your brands, you have great style

@AudraLambert 5 місяців тому

wow...thanks! Will do. By the way, my earrings are from amazon...If you search Owmell Elegant 925 earrings, they should come up. Very reasonable. My blouse was a gift (Brand name is Ravella). Thanks for watching!

@goldenparachute392 5 місяців тому

@@AudraLambert thanks! I would shop from your store (I think that’s what they call it) like the influencers have. Great content and presentation as always!

@elly7199 3 місяці тому

@@AudraLambertI agree: you have excellent style. It’s perfect for what you do. I actually find myself absorbed in the content of what you are teaching versus being distracted by your physical presentation of yourself. In my opinion, getting people to actually HEAR what one says is the true meaning of success. I never knew the topic of real estate could be so interesting! I’m starting to binge on your videos. :) Thanks!

@AudraLambert 3 місяці тому

@@elly7199 That is nicest thing to say...really appreciate your kind words. Thank you!!

@saabukas 6 місяців тому

Audra is absolutely right. My retirement would be much more secure and so would my siblings if we had hung on to our parents property. Stupid, Stupid, Stupid.

@AudraLambert 6 місяців тому

Ahh...you're not stupid. There will be other opportunities. I was never taught about money growing up. All you can do is try to educate yourself and make the best decisions given the circumstances. Thanks for your comment!

@Billmull8622 3 місяці тому

Audra I love your videos! I’m not subscribed, thank you for the content!

@AudraLambert 3 місяці тому

Ahhhh…thank you so much❤️

@colbycheeze8924 День тому

Thank you Audra! This is very sound advice. My son is pushing me to sell and move across the state to be near to him, but I just don't want to do it!

@AudraLambert 14 годин тому

Last I checked, you're the boss of yourself:). You only live one life...live it the way you want. Just saying:)

@jscursions 6 місяців тому

Hi Audra, We own our home free and clear. Over the years I've done a ton of home improvements inside and out. Our home sits in a very desired area to the nearby restaurants, coffee shops etc., etc.. Now we're not in a situation where we have to sell, but rather, just looking for change. Can you do a video on selling and buy when the seller /buyer has no loans and not pressured to sell, that's not looking to qualifying for a loan. The one thing we're not willing to do is sell our home until we find our dream home and we're not looking into putting thousands of $$$ for upgrades or to repaint. Staging, however, is something that I feel is important and would do. What would be the best strategy in this situation?

@AudraLambert 6 місяців тому

Hello there! First off, so happy for you. Congratulations! That is a huge accomplishment owning a home free and clear. You have many options! You are very fortunate! The only thing I would suggest you do before selling your home/finding your dream home is to talk to your tax advisor. Capital Gains isn't fun. If you are good with the tax implication and the costs of selling, then I would make sure you have a financial plan in place to purchase your dream home. Most homeowner that don't have to sell, take their time in figuring out how to purchase the next home. Most think they can make an offer contingent on selling their own residence. Most home sellers won't accept your offer if its structured this way (too much risk for them). You would be asking the home seller to take their house off the market so you can sell yours. This homeowner has no idea who your buyer might be...maybe your buyer is also contingent. My point: If you do find your dream home after all the time you put into searching, you may not get your offer accepted. There may be multiple buyers looking at the same house. Presenting a contingent offer is not as financially strong as another offer that is not. I would talk to mortgage lender you trust to explore some of your financing options. I will do a video on this topic..thanks for suggestion. Congrats again!

@jscursions 6 місяців тому

@@AudraLambert, Thank you. And thank so much for the feedback. I've been watching a lot of your videos and they have been of great help. So thank you for sharing the information that you do. Especially because ,although I have purchased and sold homes in my life time, I have found that the rules can vary from state to state or even from one area to the other. So I look forward to watching future videos as well as a video pertaining to buying and selling a home where both the buyer and seller own their home free and clear.

@AudraLambert 6 місяців тому

@@jscursions Will do a video for you regarding buying and selling a home when both parties own their houses outright. Thanks for watching!