Valuetainment - January 30, 2026


＂The American Dream Is DEAD＂ - Is Co-Ownership The Future Of Housing In America？


Episode Stats

Length

12 minutes

Words per Minute

206.566

Word Count

2,672

Sentence Count

215

Misogynist Sentences

4

Hate Speech Sentences

4


Summary


Transcript

00:00:00.000 This is going to be the end of these stories we're hearing about union.
00:00:03.900 Let's talk about co-buying to see if you guys think this is a good idea or not.
00:00:06.820 Co-buying is rewriting homeownership and romance is no longer required.
00:00:12.340 What is this co-buying stuff?
00:00:14.120 Is it like cohabitating?
00:00:16.380 Is that what that is?
00:00:17.760 What is this co-buying stuff?
00:00:19.920 Co-buying homes platonically.
00:00:22.520 That's a trend emerging among homeowners today.
00:00:25.140 Kate Wood, a lending expert, told Fox Digital that co-buying is attractive because housing is incredibly expensive in the U.S.
00:00:34.500 Wood said people are co-buying homes with friends and family members.
00:00:37.860 What we're seeing rising now is co-buying between friends or people who are family members,
00:00:42.180 but basically buying a home with someone that you're in a non-romantic relationship with.
00:00:46.720 According to the National Association of Realtors 2025 profile, first-time homebuyers consisted of 25% single women, 10% single men.
00:00:57.080 Interesting.
00:00:57.580 Yeah, right.
00:00:58.180 While the share of married couples remained flat at 50% from data collected from July 2024 to June of 2025,
00:01:07.380 in comparison among all homebuyers, 61% are married couples, 21% are single women, 9% are single men.
00:01:16.160 NAR also shared that the median age for buying a home for the first time rose from 38 in 2024 to 40.
00:01:23.500 Wow.
00:01:24.200 Additionally, purchases made by first-time homeowners made up 21% of all buyers in 2025.
00:01:31.100 Christina Modares, a co-buying strategist, shared her experience in co-buying with friends and family and one romantic partner.
00:01:37.800 I tried to buy a house when I was 23.
00:01:39.880 I don't know why I thought I could do it on my own, she told Fox.
00:01:43.260 I was just like, yeah, like I'm living with my five roommates, like I can do this.
00:01:48.980 I love the fact that they're adding the like in it.
00:01:51.020 I can do this.
00:01:52.080 And then looking into it, I couldn't get a proof or mortgage.
00:01:55.640 So I asked a friend and he was like, yeah, I'll buy a house with you.
00:01:59.900 So that's how I kind of got into it.
00:02:02.700 Brad, good idea or bad idea to go buy?
00:02:04.980 I think it's irrelevant as far as, you know, how you do it as long as that you do it.
00:02:11.420 You know, if I can't afford it on my own, well then partner up, leverage another relationship regardless of it's romantic or not.
00:02:18.560 Just get it done.
00:02:19.520 You're for it.
00:02:20.420 Absolutely.
00:02:21.360 Like get it done.
00:02:22.380 I think the result far outweighs the way in which you do it.
00:02:27.040 How old were you the first time you bought a house?
00:02:29.760 24.
00:02:31.280 24 years old.
00:02:32.180 So that receipt of girl really took care of you.
00:02:34.960 Yeah.
00:02:35.260 No, I mean, she gave me a little bit of a, of a launch pad.
00:02:38.380 Oh, very cool.
00:02:38.920 And at 24, you bought a, you bought a house.
00:02:40.740 What was it?
00:02:41.500 Just a little, you know, almost track home, Las Vegas, Nevada.
00:02:45.840 What'd you pay for?
00:02:46.720 Um, about 189,000.
00:02:49.640 Really?
00:02:50.380 And then, uh, very short, shortly thereafter, uh, ended up selling it.
00:02:55.440 Uh, or basically my wife did my ex wife.
00:02:58.560 She took it.
00:02:59.680 She took it.
00:03:00.240 Yeah.
00:03:00.460 That's qualified as a sale.
00:03:02.320 Yes.
00:03:03.740 But, uh, but again, when it comes to purchasing a home, I think it's the American dream.
00:03:09.860 I think everyone should do it.
00:03:11.080 I, I don't, I don't see real estate being a bad investment.
00:03:13.920 And if you need to go in with a buddy or, or a friend or, you know, even four, just get
00:03:19.660 it done.
00:03:20.200 All right.
00:03:20.560 I think, I think it's a good thing.
00:03:21.940 Tom, tell me you have a different position.
00:03:23.600 Cause I want to see a debate on this.
00:03:25.180 Do you have a, do you have a, do either one of you guys have a different, okay.
00:03:28.380 Brandon does Tom, your thoughts.
00:03:30.000 Um, well, I agree with the concept of buying and creating stability because that creates
00:03:36.360 commitment.
00:03:37.020 If two people buy, then it creates commitment.
00:03:39.280 If one of them is an idiot, that's going to create incredible stress.
00:03:42.640 And I think that the, the, the downside of this is they will end up selling it probably
00:03:49.520 at the wrong time because someone's going to get married.
00:03:53.100 Someone's going to get a job somewhere else.
00:03:54.920 Someone needs to get out of it.
00:03:56.440 And then both of them are going to end up having to sell it.
00:03:59.100 So I see the benefit in the beginning because they're not renting now.
00:04:03.140 You're both, you know, paying into this and it brings commitment and stability.
00:04:07.680 Hopefully to those individuals that do it because they're, they're tied to the, the insurance,
00:04:12.680 the once a year, the homeowners, um, uh, property taxes and things like that.
00:04:19.240 But I see a downside because they're not going to be synchronized when somebody gets married,
00:04:25.220 somebody doesn't get married.
00:04:26.380 Somebody gets a job that.
00:04:27.500 So would you do it?
00:04:28.460 Would you do it?
00:04:29.460 No.
00:04:29.800 In your twenties, would you call by?
00:04:31.900 Probably not.
00:04:32.580 Would you recommend your girls to do it?
00:04:34.380 No.
00:04:35.000 Okay.
00:04:35.240 So you say, look how firm you want to know.
00:04:36.900 As opposed to just not owning, um, you'd rather they throw away their money.
00:04:42.260 That's a great point.
00:04:43.200 I wouldn't want my girls to be in a perpetual situation that they are not optimized financially,
00:04:49.260 but I can't just do it for them.
00:04:50.880 I can't write checks for them.
00:04:52.180 And so would I encourage my daughters to do it together if they were in the same city
00:04:58.800 and her career is going the same way?
00:05:00.580 Uh, I wouldn't stop them from doing it, but I would really lay it out.
00:05:04.260 Now, okay, when do you guys have to liquidate?
00:05:07.220 When do you guys, do you think this is going to break out?
00:05:09.620 I'd say, you really got to think about who you're in with and what their lifetiming is
00:05:13.400 and your lifetiming.
00:05:14.760 But I, I think this, that part is-
00:05:17.400 Where do you have, Brian?
00:05:18.440 Well, I just think there's an advantage in that situation because at some point, you know,
00:05:22.320 you might be the one that benefits because someone's getting married and getting out.
00:05:25.440 And when, and when you have the leverage, because, you know, that's your, that's your responsibility.
00:05:30.160 So you can buy the other half maybe a little cheaper than I have?
00:05:33.400 Yeah, I got the opportunity.
00:05:34.600 Now, if I, uh, also, you know, I could end up in that situation where I'm getting married.
00:05:39.420 Now I got to give you the leverage, but I think that's a future positive for someone.
00:05:45.260 Okay.
00:05:45.700 Brandon.
00:05:46.480 Yeah, sure.
00:05:47.060 You could say, uh, with the circumstances we're in, it's strategic.
00:05:49.880 If you match up with a family member and buy it and rent out to somebody, yeah, sure.
00:05:53.540 We got to live within the conditions that we have, but this is the absolute downfall of society.
00:05:59.540 I mean, this is the first time in probably a hundred years that we have a worse standard
00:06:03.800 of living than our generation before us.
00:06:06.160 Like we didn't hear our parents or grandparents talking about having to cohabitate and co-buy
00:06:10.420 a house together.
00:06:10.960 Like when I'm looking on Zillow, I'll see a house that's like, I'll be like, oh, wow,
00:06:14.240 it's a nice house for 400,000.
00:06:15.400 Oh, nevermind.
00:06:16.100 It's a little slice of that house.
00:06:17.300 You get this bedroom for 400,000.
00:06:19.240 Then there's two other people in the bedroom, in the middle of the bedroom on the far side
00:06:22.320 of it.
00:06:22.620 Seriously?
00:06:22.880 Yeah, a hundred percent.
00:06:24.000 They're doing that too.
00:06:25.120 And then there's a thing too, where they sell off houses for say $400,000, but you get to
00:06:30.740 live there from January through April.
00:06:32.560 Then another person owns it from, you know, June.
00:06:35.380 Stop.
00:06:35.480 It's called timeshare.
00:06:36.580 Yeah.
00:06:36.940 Well, yeah, that's a timeshare, but there is a principle that they're applying to houses
00:06:40.460 like that right now.
00:06:41.460 So they're applying that to like standard real estate, not just vacation places.
00:06:44.640 Like Florida snowbirds too.
00:06:45.680 Yeah.
00:06:46.340 Yeah.
00:06:46.560 But I mean, point being downfall of society.
00:06:48.860 I know Trump's trying to do a lot of things to ease-
00:06:50.660 So for a guy that's 30 years old, you're not for it.
00:06:53.420 No, I understand it.
00:06:55.220 Would you co-buy with Humberto?
00:06:56.860 Humberto says let's co-buy.
00:06:57.480 Not with Humberto, no.
00:07:00.220 Okay.
00:07:00.660 No, I would do it with a family member or something.
00:07:05.160 So here's what I think when I read this article.
00:07:07.720 I think, first of all, this article is written by a realtor who's not selling enough properties
00:07:10.980 and is just trying to get people to buy.
00:07:13.040 It's like, listen, man, if you can't afford it, go get a friend.
00:07:16.260 Like, remember back in the days when you wanted to buy a car?
00:07:18.700 What would the car salesman say?
00:07:19.880 Dude, just go get somebody to co-sign.
00:07:22.320 That's right.
00:07:22.880 Go get your dad to co-sign.
00:07:24.400 My dad will kill me if I ask him.
00:07:26.300 Doesn't your uncle love you?
00:07:27.660 Yeah.
00:07:28.300 Go, go, go, go, man.
00:07:29.440 Go get your mom.
00:07:30.500 You know, just tell a mom I need it.
00:07:31.840 Remember that scene from a couple's retreat where he calls Vince.
00:07:36.600 He's like, Vince, I got it.
00:07:39.220 Now his name is something else.
00:07:40.180 I got to buy this bike.
00:07:41.620 I got to buy this bike, man.
00:07:43.280 Jennifer left me.
00:07:44.020 I'm really trying to impress this guy.
00:07:45.180 I need you to co-sign.
00:07:46.000 And finally, Vince Vaughn kind of breaks and co-signs for the motorcycle for his friend.
00:07:50.500 I don't know if you guys know the scene or not.
00:07:52.080 But to me, I don't know.
00:07:54.220 If I would have bought a property with some of the friends I had and all of a sudden they're like, I went in a lease with a guy, office lease.
00:08:00.840 His name was Michael.
00:08:03.240 I'll keep it there.
00:08:04.700 And three months into it, he says he's sick.
00:08:07.900 So I signed a three-year lease at this place on Devonshire, 15,600 Devonshire, right off the 4 or 5 freeway.
00:08:15.980 Three months that he goes to Costa Rica for nine months.
00:08:18.180 I'm stuck with the assistant.
00:08:19.280 And one of his guys, whose mom's the assistant, every month I'm thinking she's collecting rent from everybody.
00:08:25.620 She's not collecting rent from her own son.
00:08:27.180 And I'm like, how are you doing this to me?
00:08:28.780 And then they owed me $15,000, whatever.
00:08:31.420 I'm like, this is not, the next office lease is, I'm not, you guys are not coming.
00:08:34.520 You guys got to go get your own place.
00:08:36.100 They had to go to the old Gore Hills office for a few months before they found office.
00:08:39.160 I said, nope, I'm going to find a way to pay this myself.
00:08:42.080 And it created so many headaches.
00:08:43.880 And there was, we opened up a checking account together.
00:08:46.420 And because something happened with credit, even though we had a penny left in the account, I was on that credit.
00:08:50.980 I'm like, no, no, no, no, no.
00:08:52.420 We have to move on.
00:08:53.120 So you have to pick people properly that you go into business with.
00:08:59.540 And that part, if you're in a desperate, if I'm a salesperson, I'm a realtor, you know what I'm saying?
00:09:04.580 What a wonderful, everybody should do this.
00:09:07.280 Everybody should do this.
00:09:08.400 But if my kid comes and says, dad, I want to buy a property with another guy, like, buddy, I don't know what the other guy is doing.
00:09:14.700 How stable is his income?
00:09:15.920 How, pick and choose before you go through it.
00:09:18.260 You want to, I'll give you the final thoughts on this.
00:09:19.820 Well, I would agree.
00:09:20.460 The part, the partner in which you pick is obviously important, but you know, you buy a house, can't afford it.
00:09:25.180 What do you do?
00:09:25.760 You rent out of room.
00:09:26.640 What's the difference?
00:09:28.680 You know, you have the single liability or, or joint liability, but picking the right partner is always the key.
00:09:34.560 Folks, once a year, we host an event called the Sales Leadership Summit.
00:09:40.920 That event is coming up in the next two months.
00:09:44.320 It'll be in South Florida at Trump Doral.
00:09:48.340 And it's for those of you that run a business because sales is king.
00:09:51.960 Most people don't understand the power of developing sales leaders that develop sales people.
00:09:57.760 This video will break down what's happening at SLS.
00:10:00.200 And hopefully those of you guys that are doing a million plus, you'll get a chance to get a ticket for yourself.
00:10:04.600 Go ahead, Rob, play the clip.
00:10:06.080 So many years ago, I realized the size of your income, your net worth, your lifestyle is a pure reflection of the size of problems you solve.
00:10:12.700 So for me, going back 20 some years ago, I was a good salesperson.
00:10:16.700 I learned how to sell.
00:10:18.040 I knew if I ran three, four appointments a day, I could sell two, four, six, maybe eight insurance policies on a given day.
00:10:24.300 Then I asked myself, how do I sell 50 in a day?
00:10:26.800 How do I sell 100 in a day?
00:10:28.240 There's no way I can do it by myself.
00:10:29.640 I had to solve a big problem and go from being a salesperson to being a sales leader.
00:10:34.600 By the way, it is very different being a salesperson than being a sales leader.
00:10:38.840 That's a massive problem to try to solve.
00:10:41.120 What happened later on?
00:10:42.280 I went from selling two to three policies a day personally to eventually we sold one million insurance policies with our company.
00:10:50.400 And we sold that company for $250 million three years ago, licensing 60,000 insurance agents.
00:10:55.760 We solved a massive problem, got paid massively.
00:11:00.340 Let me bring it back to you.
00:11:01.800 In America today, according to the Bureau of Labor Statistics, we have 13.4 million salespeople in America that go out selling every day working for commission.
00:11:09.300 We have 132,000 VP of sales, according to LinkedIn, and we have roughly 8,000 chief sales officers in America.
00:11:16.160 Now, when it comes down to putting the hat on of being a sales leader, it's very different.
00:11:21.180 Accountability, tough conversations, challenging, transferring your knowledge on how to get referrals, how to follow up on leads, how to properly follow up where you don't offend the person, the script you use when you DM versus when you email, which is when you make a phone call, how to give better presentations, the types of phone calls to make, the types of contests to run, how to hold them accountable and drive them and not upset them.
00:11:42.220 When they still want to come, how do you steer competition?
00:11:45.040 All of this are things companies that solve big problems that become multi-billion dollar companies do.
00:11:51.760 So once a year, I host a conference called the Sales Leadership Summit.
00:11:56.700 This happens once a year.
00:11:57.940 To attend this, you need to do a minimum of a million dollars a year and have five salespeople that report to you.
00:12:04.140 If you want to join us at this year's Sales Leadership Summit that happens end of March, we'll go through a 200-page manual together on how to go through A through Z of being a great sales leader.
00:12:15.340 Click on the link below.
00:12:16.460 Fill out the information.
00:12:17.920 One of our representatives from the David Consulting will reach out to you and tell you more about the Sales Leadership Summit.
00:12:23.600 Rob, what is the website to go to this?
00:12:26.240 Do we have it in the link?
00:12:27.420 We do.
00:12:27.780 It's in the description.
00:12:29.160 It's also pinned to the chat.
00:12:30.800 Can you click on a link just to see what it looks like so everybody sees it?
00:12:33.820 So go, if that's you, click on a link.
00:12:35.980 We'll spend two days together at Trump Doral, and we go through A through Z, and it's a great place to network with other performers that are also doing well.
00:12:43.740 There you have it.
00:12:44.460 So what's the website called, Rob?
00:12:46.140 SLS.BetDavidConsulting.com.
00:12:48.800 Beautiful.
00:12:49.380 All right, fantastic.
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