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/biz/ - Business & Finance


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22006854 No.22006854 [Reply] [Original]

Should I sell my $700,000 in California and buy several cheap houses in dying Midwestern towns?

>> No.22006876

>>22006854
No you fucking retard jesus

>> No.22006936

>>22006854
>my
don't you mean your grandad's

>> No.22006945

>>22006854
Yes

>> No.22006949

>>22006936
Nope its in my name.

>> No.22006960

>>22006876
I want to maximize my potentiality.

>> No.22006962

>>22006854
Literally kys if you do that

>> No.22006972
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22006972

>yeah dude I’ll just do over there what ruined the place I came from

SoCal native here, fuck all career real estate ‘flippers’

>> No.22006979

>>22006962
What should I do with the California house then?

>> No.22006992

>>22006979
Keep it and die in it, as a mid westerner the entire part of the country is absolutely awful, hence all the alcoholics

>> No.22007026
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22007026

>>22006992
I could afford to buy a building for my business and several houses. I could never do that in California.

California is a low trust Nightmare and rents are going up.

>> No.22007056

>>22007026
Woah anon, you never said anything about business in opening statement, absolutely makes sense then, as you should! Good luck

>> No.22007069

>>22006992
And FAS trump voters

>> No.22007101
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22007101

>>22006992
I want neighbors that speak English.

>> No.22007194

of course. California is dying, not midwestern towns. Midwestern towns are booming because every liberal cuck from cali and new york is moving there now after the riots and corona and taxes

>> No.22007200

>>22006992
>as a mid westerner the entire part of the country is absolutely awful, hence all the alcoholics

i live in michigan and i have a job that takes me to all sorts of mid-large midwest towns.

this place is a goddamn nightmare, with pockets of cool stuff that has managed to not get nigged or oxy'd into oblivion. Every town is basically the same. Every strip mall has the same shit, every town has the same strip malls. And the main mall has the same stuff. And the airports are the same. And on and on. Its all flat, everyone is fat and either stupid nice (like, theyre stupid so theyre nice by default) or outright sour. No one is actually happy, everyone is just existing and getting by.

We are so dumb I cant hardly stand it anymore

>> No.22007216

>>22006854
Yes

>> No.22007240
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22007240

>>22007194
then theres this fuckin guy living in lala land. How hard was it to learn to ride unicorns? Did the leprechauns make good teachers?

>> No.22007303

>>22007101
Anon I grew up in California. Lived there until I was 20. When you leave you realize it’s a meme.
You sound like you know what you’re doing. Yes you should do it.

>> No.22007383
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22007383

The only thing I really have going for me in California is that I inherited my parents property tax rate so it's extremely low for a $700,000 house. But it's not nice here and it's getting worse every year.

>> No.22007387

>>22007194
sure thing bud, do you need any opioids or are you good for the month?

>>22007200
sounds awful. I cannot imagine, I'm sure those places were a lot more interesting 100-125 years ago

>> No.22007409

>>22007200
let the Coasties come to the midwest and bring us cool shit. i was born and raised in illinois (downstate away from chicago) and the coolest businesses in my hometown were started by out of staters
>>22007240
he's right though. plenty of coasties are moving to the midwest and further out west due to what he mentioned. real estate values are going up in the midwest and down on the coasts. will this last forever? who knows but it will most likely continue until everyone who plans to move to work from home does so

>> No.22007410

>>22007200
I went back to Michigan two years ago and it was really refreshing to not see any Mexicans for a few days.

>> No.22007448

>>22007383
california is beautiful but the people have made it a shithole. go where it's cheaper. why the fuck do you want to go to iowa though? why not move to tennessee or texas like the rest of the californians

>> No.22007469

>>22007101
they'll speak english but itll be the tard variant that lacks words longer than 5 letters or 3 syllables and they'll spout trumpisms at you when they think you have more than a HS education. when it comes to michigan, there are pockets of decency but i imagine its the same in cali, so why go all the way across the country for that.

i guess youd get a fuck ton more house for the money. ann arbor is kind of nice. royal oak. northville. grosse point farms. joliet. north chicago (forget the name, on the shore) madison area is nice too. i like st paul.

but man. idk. you like snow?

>> No.22007484

>>22007101
Mendo/trinity is a good place for that

>> No.22007491

>>22007240
What he said is true, you retarded cock sucker

>>22007387
I can imagine how boring you are
>Muh opioids
>Heh not like my city which is infested with niggers and all drugs, not just opioids

Fucking troglodyte

>> No.22007522

>>22007491
maybe you dont know what booming means

>calls me retarded
>has seen maybe 2 midwest towns, ive seen literally hundreds
k

>> No.22007528
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22007528

>>22006854
Do it. We need more liberals here. Get Iowa to swing.

>> No.22007580

California issue aside why the fuck do biz fags as soon as they make some money think to put it into the most normie investments like real estate? So cringe.

>> No.22007654

>>22007448
>why not move to tennessee or texas I don't like Texans and the weather stinks. Tennessee is a bit too South for me.

>> No.22007688

>>22007528
Most people leaving california are doing it because they hate the backwards politics of this state and the people in it. This is why I am migrating the fuck out. The spics, nogs and sodomites voted for this, not me.

>> No.22007693

>>22007654
>Tennessee is a bit too South for me.
stay in california you limp wristed faggot

>> No.22007712

>>22007580
Probably because most are zoomers and millennial here and are at an age where people want to buy a house and start a family?

>> No.22007767
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22007767

I'm picking dying Midwestern towns out in the prairie somewhere because I don't want urbanization to ever expand to where I am.

>> No.22007819

>>22007767
in that case the midwest is a pretty safe bet. people here are nice. maybe not the smartest people on earth but the midwest is a quaint and peaceful place

>> No.22007916
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22007916

Are there people on /biz/ that unironically want to move to California?

>> No.22008007

Fuck off and stay in your commie shithole

>> No.22008154
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22008154

>>22008007
No and I'm bringing my politics I don't want Iowa cuck farmers using Mexican labor.
>hur dur the good Lord provides land and Mexicans so I can buy a brand new F-450 every two years.

>> No.22008626
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22008626

>>22007194
>Midwestern towns are booming because every liberal cuck from cali and new york is moving there
>Midwestern towns are booming
Welcome to New Russia faggot. Try not to get mugged

>> No.22008648

>>22007200
We are the fucking WORST state

>> No.22009351
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22009351

>>22007819
>Implying spics in California are any smarter

>> No.22009455
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22009455

>>22007200
tells us the comfiest cheap mid-west cities

>> No.22009621

>>22009455
i dunno about cheap but any of those cities would be pretty comfy

>> No.22009693

>>22006854
yes do it RIGHT NOW HOUSE MARKET CRASH IMMINENT

>> No.22009767

SoCal anon here.
I bought my home in 1998 at $240k
It’s worth a bit over $2.5M today.
I pay roughly $1900 yearly on property tax. With my homes value and portfolio I’ve got over $6M.
Ive got 1 foot out the door of this piece of shit. I can retire with ease in Nevada.
To explain how things have went bad, watch the Joe Roger interview with Ben Shapiro. They sum it up perfectly.
California is a rotting cess pool.

>> No.22009784

>>22006854
You'll be sorry.
Honkies are worse than niggers.
Entitled as fuck, don't know how to work, most have an opiod addiction, no basis for family values(they just give their kids an iPad to shut them up), they have no culture except for what's on TV, music sucks, food is boring, and they expect you to like it automatically because all that nationalism they believe in.

>> No.22009896

>>22008648
no, indiana is definitely worse. indiana is fucking nightmare fuel (pop into scary Gary), we have some nice towns and up north is super nice, it just sucks theres literally nothing there but seasonal tourism up there. i would live in traverse city or marquette in a heart beat if it werent for the fact that theres, again, nothing real there. and as previously mentioned, everyone is just getting by and either on drugs or an alkahallick

and if its the cold you dont like, try any of the cities west of lake mich. i had to do an outdoor thing in idk where, boogaloo MN or something lol waaay the fuck up there, i was outside in -10F weather. my breath formed icicles on my face. fuckin wild. i never experienced that in magician. its regularly just stupid cold over there, ill look and itll be colder in minneapolis than it is in fuckin most of alaska. fuckin canadians and their polar vortices

>> No.22009973

>>22006854
Definitely not in dying Midwest towns. Put it into small Midwest towns that have nearby manufacturing plants or just outside of the area (but still on city water/power/sewage.) Manufacturing is only getting bigger and in my area we have about 8 big name manufacturers that are expanding. My house has gone up 20% in value over a year with another 5% shortly after the usmca. Why I say to stay on the towns utilities, is because it allows the homes to qualify people (mostly young families) for an USDA rural development home loan without credit or a down payment. The home needs to qualify under the loan as well. Just being fairly up to code and having no major issues that could lead to home damage. Just takes a while longer to finalize and the seller can eat some closing costs up front but the Buyers loan will cover 100% of the homes cost and can be at a higher value than what a person with a less than envious credit score couldve afforded.

TL;DR - Rural Manufacturing Location. Consider accepting USDA rural loans.

>> No.22009992

>>22009351
seriously, why are spics here so dumb? Sometimes I think I'm being too judgmental and it might just be a cultural or language barrier thing, but then I come to my senses and realize they are indeed dumb as rocks. Am I an asshole or are they just dumb?

>> No.22010055

>>22007819
Definitely not smart as far as education wise but hell if they can't explain through every step of rebuilding an engine or a home by hand. Ill take an oblivious "hillbilly" with real life experience over a "learned" collegiate 95% of the time.

>> No.22010112

>>22006854
Depends on how you're going to vote

>> No.22010129

>>22009973
>thinks US is going to be a manufacturing hub
>specifically thinks usmca increased the value of his house
Found the smooth brain magapede

>> No.22010391

>>22010129
It's not a Maga thing, mate.. The reduction of regulations and taxes affected the manufacturers near me allowing expansion. Exportation from U.S. manufactered Steel, Aluminum, Iron, Agriculture, Cleaning Products (brooms, sponges, and whatnot), and preconstructed building materials (like trusses) etc that is near me. So yes, the availability of work and quality of the town, because the businesses expansion brings more revenue to the city, directly increases my homes value.

>>22009992
Its just in general. Hispanics average iq is around 85ish and thats 90%+ of all mesoamericans. The other 10%ish thats higher are mixed with primarily Spaniard, and Euro blood.

>> No.22010407

>>22007469
>trumpisms
>bad

I didn’t know there were so many liberal fags on this board

>> No.22010476

>>22010129
Also never referenced the US would be a global manufacturing hub magically.. Just that areas with manufacturing already established are able to have an injection of growth from said bills.

>> No.22010530

>>22007469
Most hispanics in the Midwestern rural areas speak better English than methheaded honkies and you get the bonus of a little culture in your area. You get sick of "soft people" food that is rampant in the midwest.

>> No.22010573

>>22010129
take the peter zeihan pill and brush up on what the economic landscape is going to look like from the chief geopolitical strategist on the planet he is only missing out on the chainlink vector which will blindside his thesis

>> No.22010981

>>22007200
sounds like neet heaven and perfect biz shut-ins

>> No.22011413

>>22006949
you and i both know its not yours though
why don't you make something of yourself, yourself?