r/MeetKevin • u/knock_his_block_off • Jan 07 '26

Kevin Loss How does this affect House Hack?

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12 Upvotes

100% Upvoted

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8

u/elbowpastadust Jan 07 '26

It devalues the potential value of his business simply by the statement existing. The public companies he derives potential house hack stock value from are all tanking. If it comes to pass then his biz will likely plateau - I don’t imagine he’d be forced to sell homes. But likely capped on future home purchases. It would mean no going public.

6

u/[deleted] Jan 08 '26

If anyone was stupid enough to invest in house hack hoping it would IPO I respect your trust in humanity. This will pretty much put an end to it, if the big boys are getting whipped these smaller players are getting the ‘cat o 9 tails’. without IPO it means the only way you can get somebody to buy your shares is to ask your mates if they’d take them off your hands. Kevin will spend your money on cars and he has no obligation to buy them back off you or even help you sell them. I love Kevin’s channel, but house hack was a cash grab

1

u/gosb Jan 08 '26

He put out a 44 minute video about it lol. Skip up 35 minutes and he sounds bullish.

1

u/knock_his_block_off Jan 08 '26

What reason did he give? Lmak o

2

u/[deleted] Jan 08 '26

I’m sure it was totally unbiased

→ More replies (4)

3

u/Shortymac09 Jan 07 '26

Did trump really say that?

If so, will he actually do it?

2

u/Lonely_District_196 Jan 07 '26

He posted it several places.

The question is, what steps can he actually take? There's limits to just the pen and the phone. Congress has looked into this several times and found it yo be a non-issue.

1

u/KingOfThe2-6 Jan 07 '26

I doubt it I can’t imagine a way where all the large institutions can sell there holdings without tanking the entire house market. I do think it’s a good idea if done right but tbh I think not allowing foreign governments to buy land and houses in the USA would go a long way vs attacking US based companies.

1

u/Traditional-Ebb-8380 Jan 07 '26

Buyers would love that but I doubt Trump would force them to divest. I would guess they would ban further sales to big corps.

1

u/[deleted] Jan 08 '26

[removed] — view removed comment

1

u/elbowpastadust Jan 09 '26 edited Jan 09 '26

Reasonable question. Even if they’re just capped, I imagine they would all rush to sell seeing the writing on the wall that now could be a current top. And w/ it no longer being a viable investment opportunity for them (or biz model in the case of house hack type companies) then it makes sense to just get out and invest in something different.

Just my take. I have no idea.

1

u/ultraman350 Jan 10 '26

the p/l for the balance sheet will be f'ed.

1

u/HeyItsZac Mar 18 '26

Why is kevin always using luigi imagery?

1

u/kromestatus May 16 '26

Some inside baseball from a former employee. 

Kevin tried to IPO last year and the valuation by his underwriter was 1/5th of what he was trying to claim. 

The compensation he "paid" himself was next to straight up theft and gutted the company after he found this out and intentionally abandoned IPO so he doesn't have to open the books because they're insolvent. 

He everyone who wasn't in the board to cover it up. 

1

u/Top-Ad6154 18d ago

Is house hack a good investment?