/biz/ - Business & Finance

>>58332653
>bidding
lol retard

>>58332653
You could get a row house in Baltimore for like $80k.

>>58332653
>Question: is it worth going 150k over to be in a good safe area + land?
No, the boomoids are betting the coming rate cuts this year are going to send RE skyrocketing instead of nuking the economy into a recession or hyperinflation.

>>58332692
if it does end in hyperinflation, then better to buy, no?

>>58332707
Hyperinflation is the most bullish case for Bitcoin, not boomer bags.

>>58332691
But Baltimore is an active warzone

>>58332653
if you're going to be completely house poor i'd vote that it's not a good plan...

>>58332653
Go to the neighborhood and knock on doors. See who answers. If it’s a bunch of old white people you’re buying a house built upon sand. Every neighborhood, and I do mean EVERY neighborhood, I’ve seen that was mostly white (but older) went to shit FAST. Once the first old white boomer dies and blacks buy the house (and they WILL buy that house [blockbusting]) you have ten years TOPS to sell before you’re stuck with it. And I don’t want to hear any BS about “but they’re GOOD black people.” Their families work on them and before you know it there will always be eight cars parked out on their lawn, a portable basket ball hoop, broken toys and neglected landscaping.

>>58332653
what's your income? The higher sale will 100% lead to the assessor giving you a higher taxable value, so your property taxes are all but guaranteed to go up from however bad they are already on the residence

>>58332754
Fair enough, but im talking about an area that has literally zero blacks. Its a waspy area - but relatively old cuz its rural. The only young areas are in suburbs or inner city. I dont want to live near that shit.

>>58332777
350k/year but an unstable job due to AI.

>>58332781
That could be promising. What are the other homes near it like? Another thing you have to guard against is landlords. People are snapping up homes to rent out and they don’t care about whether the renters are trash or not. Are the homes big? With huge lawns? If so most people looking to buy to rent out consider most large two story homes with big lawns a poor rental investment, which is a good thing if you’re looking to buy into a neighborhood.

>>58332653
he probably wants you to FOMO: He felt you were scared / emotional so you could be a good target for a shark.
Try saying politely /
> Well I thought on this carefully with some agents friends advice and the price is too high for my capability. I'll continue to search for my dream home thanks a lot.

This is so detached emotionally he will probably panic. A GOOD house is always a good investment. Better than shitcos you can believe me.

t. lost 500k after the last bullrun (and I'm far from being alone in this situation)

>>58332814
its all large estates / farms in the middle of the countryside. No risk of landlords bringing in the unwashed. Not the fanciest address, but decent. Wouldnt go down.

>>58332653
You are bidding against a hedge fund. Good luck.

>>58332830
I could be being played... this has happened to us several times (country auctioneers are fuckers) ... This thread is convincing me to pull out...i may say something along these lines. Thanks anon.

>>58332653
House in pic is in Ireland you fuck
https://www.irishtimes.com/life-and-style/homes-and-property/new-to-market/dartry-delight-with-scarlet-o-hara-staircase-for-5-75m-1.3416740

>>58332967
Yeah its not this. Relax bro.

>>58332978
NO. You tried to trick us, you cad. Liars always get found out.

>>58332999
I stand before you an honest scoundrel

>>58333038
why are you digging out pics of homes in ireland when you live in the US? I knew right away that was britain that's why i checked. Do you prefer British architecture?

>>58332653
Reminds me of this house

>>58332999

>>58333111
checked

>>58333111
Hey everybody this guy's a big fat phony!

>>58332653
>feel like my BTC will be worth 2x by end of year
more like 10-20x

>>58333597
I pulled out of the house.
All in on BTC now. Lets go bros.

>>58333631
https://m.youtube.com/watch?v=x4-e5wq5AJ8&

Great, now just hold until you see Michael Saylor do an interview like this again where he looks like he’s having a 2 and a half hour long orgasm. Real comfy interview tho

>>58332653
oh, nice. I'll use this thread to ask questions...

I offered $X amount for a house, and I don't have that amount, but about 90%. I could get loans from 20% to 80% of the price of the house. a 40% loan would have me pay 10% more in real terms (morgage tied to inflation). should I get a mortgage, or should I do whatever I can to get the other 10% and pay cash?

>>58333890
From sellers perspective, they will always go with cash buyer, even if the offer is (slightly) lower.

>>58333890
>>58333912
I forgot to mention that already got a 16% discount, with no conditions attached.
I'm asking about what's convenient for me though, considering that I'll be left with $0...

>>58333912
The risk is so much lower without a chain.

>>58333890
anyone else?

>>58332653
Buy in Conshocken