Revelation Part 4 #shortvideo #shorts #short #shortsvideo #growth #growthmindset #health #money

11 Dec 2024 · 1 min

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1:01

A short YouTube clip (Revelation Part 4) featuring Steve D Valentine reflecting on his experience selling low-priced foreclosure properties during a market downturn. He recounts his lowest-price sale, the condition and location of that property, his focus on paying down debt at the time, and his regret at not recognizing larger wealth-transfer opportunities—observing buyers who purchased $20,000 homes later gained substantial equity while he made small fees. The clip mixes personal regret with lessons learned about opportunity recognition and market perspective.

Questions this video answers

$8,900

1,500 square foot condo at 69th Avenue in Indian School

$20,000 (listed for $20 grand)

About $400,000 (speaker's claim)

About $500

Chapters

My lowest price foreclosure that I sold was 8,900 bucks. And it was a 1500 square foot condo at 69th Avenue in Indian School. That's probably worth, I don't know, 2, 300 grand. Now, it came with a homeless guy, a tweaker, and, you know, some other utensils. But, yeah, all day long. It's one of my greatest regrets of my career. So if you take all that I saw in 15 and all the wealth created and transferred in the meantime, I'm trying to dig out, right? I was trying to dig out of the debt. I was so focused on digging out of the debt that I didn't see the big picture in the market. I didn't look at like, dude, I was listing houses for 20 grand, and I didn't go, oh, my God, where do I find 20 grand? I need 20 people with a thousand bucks. That's what it was, right? And so, you know, I look at that and I can't. It's a regret, but it's also not a regret because I learned so much during that time. And if I had been distracted, I don't know what that would have looked like. But I can tell you right now, the guys that bought homes when I was selling them for Fannie Mae are way wealthier than I am now, right? You buy a $20,000 house, I make 500 bucks, and 10 years later, they made 400,000.