/biz/ - Business & Finance

You'd make more if you airbnb it depending on location

>>9708497
>wait for crash
>buy the real estate dip
>start with 2-5 years of rent for free before you begin actually renting for the same amount as you would have
it just depends on how long it will take for the crash to happen for this to be more profitable than buying at ath

>>9708497
Hey anons. I know this is a business board, but how do I get a girl like that to give me the succ?

>>9708570
you literally have to be a male model and a chef

>>9708497
um.. because the real estate market crashed?

you answered your own question. If it crashes, the value of your apartment goes way down.
Thus, people with sizeable liquid money will scoop up cheap ass apartments and literally beat you with cheaper rent prices.

Example:
so you buy an apartment for $50k, and charge $1k/month (you want 2% of apt. worth back per month).

Suddenly market crash, your apartment is now worth $25k. You charge $1k/month (2% back of your initial apt. worth/cost per month)

Some other guy comes along and buys the neighboring apartment. He only needs 2% of his initial investment back per month to pay it off. So he only charges $500/month and thus everyone rents from him instead.

The difference is its capitalism so you will have competition, and you will have had a higher initial cost than someone who buys during the crash

>>9708570
torrent project go

>>9708570
Status, which you have none.

>>9708497
>can still charge the same amount of rent
Unless you can't

>>9708542
It has to be in a pretty good location to make it more profitable all year as BnB.

If the real estate market crashes how can you possibly expect to be able to charge the same amount of rent? In that situation rent is going to go down precipitously.

>>9708802
not really. in LA rent stayed pretty much the same during the crisis

>>9708727
europoor here, last time when the real estate market crashed in the US did it really played out as you describe? I remember reading articles about houses being sized by the banks and banks having problems selling them. It sounds counter intuitive to me - it should play as you describe and people should buy the housing dip. yet it apparently did not go that route? Why?

>>9708839
It became a buyers market, supply far exceeded demand.

I'm waiting for it to happen again, or if I find something sooner I'll do that. Can't miss out on great foreclosure deals.

my uncle owned a villa in florida for over 25 years. when the crash came he could only sell it for the price he paid. think of the buying power lost over 25 years muh rental property

>>9708839
Yeah, its like in crypto. Theoretically, people scoop in and buy things for dirt cheap in a crash. But its a crash specifically because people stopped buying in for one reason or another.

>>9708497
Correction; it won't be a real estate market crash, it'll be the crash of the debt ponzi.

You won't be charging as much as you used to be.Your tennant will be buying cheap houses after crash is done(if they are smart and saving) or going to be in huge shithole and won't be able to pay you anything. or 3rd option; they'll move out and rent somewhere cheaper.

You will be able to buy let's say 1 house now, while you could buy 3 houses after crash, if you are smart about your money.

>>9708870
Thanks, this makes sens now.

>>9708888
So simple, yet so profound.

>>9708881
You're forgetting that he earned 25 years of rent, that his tenants paid his mortgage for him, and that he received a bunch of tax savings along the way.

>>9708839
yes, you are missing the point about *why* a crash happens, everybody wants to sell but nobody wants to buy and thus people run out of money and keep selling for lower and lower prices

>>9708497
/biz/ doesn't like real estate because it involves leaving the house, interacting with other human beings, doing actual work, and prudently building cash flow over many years. In other words, investing in real estate involves running a real business.

The average bizraeli is a lazy fuck who expects to turn $200 into $2 million in one month by gambling some chink shitcoin.

>>9708570
That girl is Dua Lipa, and she is Albanian. Albanians are European, but they are the most ghetto. They're all crazy. Lots of fun, my best friend is Albanian and he's great, and crazy like me. I'm Irish, idk my family's got that "I'm Irish and we were oppressed but now we're chilling" thing goin on and we're all wilin.

Anyways, to get an Albanian girl you can just go to Albania and your money will basically be worth 5 times more there, so you can be a rich fuck and pick desperate girls up.

>>9708832
Rent stayed the same in my city too.

>>9708713
I am both, yet im autistic and weird.

>>9708713
haahha he gets it. Good luck out there

This shit is about to crash hard when it does, just like crypto if you can buy the dip you will make a killing in the long-term.