Business Tips: Added Thoughts to My Point of View on Homeownership

Business Tips: Added Thoughts to My Point of View on Homeownership

Awesome Tip: Added Thoughts to My Point of View on Homeownership

I wanted to create some context and clarity on my point of view on buying a home. #askthetitleguy

Context is what I believe in most, and sometimes it can get lost in the Instagram clips I post or my showmanship on stage.

In this video, I have a conversation with a guy from the real estate industry on my thoughts on buying homes — check out this article for the full details:

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Gary Vaynerchuk is the chairman of VaynerX, a modern-day media and communications holding company and the active CEO of VaynerMedia, a full-service advertising agency servicing Fortune 100 clients across the company’s 4 locations.

In addition to VaynerMedia, VaynerX also includes Gallery Media Group, which houses women’s lifestyle brand PureWow and men’s lifestyle brand ONE37pm. In addition to running VaynerMedia, Gary also serves as a partner in the athlete representation agency VaynerSports, cannabis-focused branding and marketing agency Green Street and restaurant reservations app Resy.

Gary is a board/advisory member of Ad Council and Pencils of Promise, and is a longtime Well Member of Charity:Water.

Gary is a highly sought after public speaker, a 5-time New York Times bestselling author, as well as a prolific angel investor with early investments in companies such as Facebook, Twitter, Tumblr, Venmo, and Uber.

Gary is currently the subject of DailyVee, an online documentary series highlighting what it’s like to be a CEO and public figure in today’s digital world, as well the host of The GaryVee Audio Experience, a top 100 global podcast, and host of #AskGaryVee, a business and advice Q&A show which can be found on both YouTube and Facebook.

Gary also appeared as judge in Apple’s first original series “Planet of the Apps” alongside Gwyneth Paltrow, Jessica Alba and

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22 Replies to “Business Tips: Added Thoughts to My Point of View on Homeownership”

  1. Gary Vee you just need to respond with “I said what I said”. Don’t worry that some real estate agents got their panties in a bunch. It proves the point that they perceive you as having more influence on their clients than they do. Which tells a lot about how they have built their respective businesses.

    Keep telling it how it is. Love what you put out. It helps a ton of people.

  2. Shouldn't it be the end of the discussion after he said his statement was directed at entrepreneurs? Realtors are so panicked people will realize they are paid in excess of their value that they freak out when anyone suggests a home may not be the most financially responsible move.

  3. Gary is wasting his time. Realtors are not educated individuals. Anyone with three months and three hundred bucks can get the certificate to sell homes. Imagine somebody who sells Amway or acn products having some say on economics. Laughable. Realtors are neither objectivr not educated.

  4. I’m 26 and just bought a house with 0% down (3% sellers help). I’m paying less per month with pmi, taxes, etc. than I was renting a townhouse down the street. Unless you’re actually going to start a business, this advice is garbage. Building equity is crucial to financial stability no matter what these guys tell you. Remember, they make a living off renters

  5. This is the first full conversation Gary V had with someone else. Does he ever let anyone finish their thought or statement. I don’t see the point if not, that’s not a conversation. That’s a monologue

  6. Until you own more than one property you aren’t even “long real estate”. You always have to live somewhere so if your property appreciates and all the properties appreciate around you you can’t take advantage unless you downgrade. Otherwise you can only pull equity out by borrowing or selling the house and now you need another place to live.

  7. Even if it happened (which it wouldn't)…it would help the industry. Everything would become commercial property. Prices would increase based on income, and turnover would likely increase. So, what's the problem??

  8. Not sure who the clown on the phone is but gary is 100% right. Rent and use the DP to grow wealth. Home ownership is not an “investment” when u calculate the interest paid over the 25 year term plus maintenance and down payment. It’s actually a terrible thing to buy when you are young.

  9. To anyone that is truly an entrepreneur, this line of thinking is obvious. If you want to generate wealth, that's different. Real estate should be considered a major part of a wealth building equation. But if you're looking to build a business, finding cash from wherever you can scrape it up from is part of the gig. Entrepreneurship and Wealth building are overlapping but not the same.

  10. I loved this. I used go for the American dream like everybody else but as time elaspe buying a home just doesn't make sense to me personally. Since this is always going to be a debate on renting vs buying there is going to be no right or wrong answer just go with your own preference and perspective

  11. I agree with Gary V. I'm a 28 year old home owner. Bought the house at 22 years old. But I'm not an entrepreneur, I drive a garbage truck for a living lol. Homeownership has been awesome for me. But, if you're an entrepreneur then your home is not your biggest investment, your business is your biggest investment. But in my case, my biggest investment is my home since I don't have a business.

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