Florida real estate mogul says your home is ‘a terrible investment’ — and he’d put $100K somewhere else.
South Florida real estate broker Todd Nepola has harsh words for anyone who believes buying a home is a smart investment. In a recent TikTok video from @hardtruthsceo, Nepola said point-blank, “A home is a terrible investment.” In fact, he doesn’t even consider a home to be an investment at all. For Nepola, “It’s a luxury item you want to have,” similar to his Rolls-Royce.
Even though Nepola admits to owning a home, he says, “It’s the stupidest investment you could make.” Must Read – Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one – Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake. Here’s what it is and 3 simple steps to fix it ASAP – The tax breaks in Trump’s ‘big beautiful bill’ expire after 2028. Here are 4 moves to make before the window closes Fans of Bravo’s Real Housewives of Miami may recognize Nepola as the ex-husband of Alexia Nepola, one of the housewives on the show, but professionally, Todd is the owner and founder of the commercial real estate firm Current Capital Group.