EP 499 - Petty Lawsuits, Fake Buyers, and a $120K Retrade

What did you think of todays show??You call them junk fees. The lender calls them the cost of staying in business. In this episode, we break down why almost every money decision, yours included, runs on how you feel instead of what the numbers actually say. From the real reason closing costs hit 10%, to a deed theft that cost a title company six figures, to the phantom wealth on display in Maui and the credit apps built to make you feel richer than you are.Topics discussed:Introduction (00:00)Why America suddenly cares about soccer (01:50)Why Europe's old homes turn deadly in heat (05:53)What flipping houses looks like overseas (09:29)Why real estate costs 10% just to transact (12:45)The truth about "junk fees" from the lender's side (14:48)The deed theft that cost a title company six figures (16:57)Fighting back with PettyLawsuit.com (19:18)Wholesalers, fake buyers, and rigged bidding wars (21:10)Is retrading a deal down $120K unethical? (23:52)Phantom wealth and the new-money flex (26:50)Why people spend on feelings, not data (29:11)How credit apps trick you into feeling rich (34:43)Follow us on Instagram!https://www.instagram.com/collectingkeyspodcast/https://www.instagram.com/mike_invests/https://www.instagram.com/investormandan/https://www.instagram.com/dylan_does_deals/This episode was produced by Podcast Boutique https://www.podcastboutique.com (https://podcastboutique.com/)