/biz/ - Business & Finance

[Anonymous No.18420777]

Jelly poorfags ?;)

Bough this apartment for 300k dollar
just 22 years morgage left
31sqm

im a real estate investor now

[Anonymous No.18420786]

>>18420777
Lmao, uhhhh forgetting something?
> Has no roof
> He doesn't know you pay extra for roofs

[Anonymous No.18420787]

Based digits but you posted this same thread yesterday

[Anonymous No.18420788]

>>18420777

i live in a three bedroom house i bought, 8 years ago
so no...............it's paid off this year

[Anonymous No.18420796]

>>18420777
nice prison cell wagie
if you stop working we will kill you and give it to someone else

[Anonymous No.18420801]

>>18420786
Rainy weather is for poor people. Rich live where sun is always shining.

[Anonymous No.18420804]

>>18420777
>300k for a hamster cage
Do amerimutts really?

[Anonymous No.18420823]

OP HERE


you are just jelous
im becomming a real estate gigant
starting with this one

im gonna make it

[Anonymous No.18420975]

>>18420777

Jesus O, this floorplan is a joke right?

>bedroom so cramped it would be impossible to make the bed
> no room for bedside table
> no fucking wardrobe. where do you keep clothes?
>bedroom door in front of the couch. where is the TV supposed to go?
>where's the dishwasher?
>big piece of space is just an empty useless room at the front door

[Anonymous No.18420981]

>>18420777
>he actually bought a jpg
yes

[Anonymous No.18421032]

looks comfy although I'd break the bedroom wall, throw out the bed & sofa & eating table, I ain't having nobody over, and instead have a big space for a PC desk and some workout equipment
I can sleep on the carpet, hard surfaces are good for your back

[Anonymous No.18421037]

>>18420804

It works like this in America

Step 1 get enough credit to get a mortgage.

Step 2 put some cuck in your property to pay the mortgage and collect his equity

Step 3 get another mortgage and repeat step 2


So basically housing in America is so expensive because no one actually owns it and anyone who pays for a home got a shit deal and should be laughed at.

Good news is this ponzi game just got fucked.

Cov-19 = no one pays rent and this means all the landlords get foreclosed flooding the market with housing and crashing prices.


I might consider buying a house in a year if it reflects actual market value and not some inflated ponzi price

[Anonymous No.18421048]

>awful floorplan
>300k
>22y mortgage
mate think you're getting a raw deal here

[Anonymous No.18421114]

>>18420777
Where’s the shower?

[Anonymous No.18421145]

>>18420975
I thought I was the only one seeing this. This shit is made so inefficient and awkward. Wtf is that front room supposed to be

[Anonymous No.18421282]

>>18420777

Enjoy the condo fees for the rest of your life

[Anonymous No.18421299]

>>18420975
BRUH ID SMACK THE FUCK OUTTA GREENLAND LMAO BAKA SENPAI

[Anonymous No.18421326]

>One unit
OP you fucked up.

>Bought pic related - at the time a 4-unit(each 2/2) building in a rapidly gentrifying part of town
>got it right out of college with an inheritance
>Bought for under market value 3 years ago, would have appreciated if I just sat on it and rented it out as-is but I made some improvements to make it much nicer
>Turned the 2 1st-floor units into a 4 1/1 units rather than 2 2/2s, doubling my cash flow instantly by throwing in a wall
>updated floors, counters, AC, even put in a coded gate for the back parking spaces
>lived in the top unit with my gf and now fiancee because that's more than enough room for us, rented out the other 5 units
>Tenants have told me they're willing to pay higher rent because "I live there and I give a shit" which makes it easier to collect too

>As soon as mortgage rates fell, got a refinance and pulled out 150k in equity(1.5x annual take-home pay for me)
>I work freelance so needed a hedge in case I fucked up or lose some of my clients

Luckily my clients have stayed on and I haven't had to evict anyone yet because I rent to yuppies that are all working from home, so I should be straight through all this, but if it keeps up I guarantee I'm going to have to kick someone out.

[Anonymous No.18421382]

>>18420777
What's the pointless area next to the front door for.

Also congrats on buying the absolute top of the market, congrats on this seriously

[Anonymous No.18421503]

>>18420777
>tfw I got this with the land around it for 150 000 euros in France a couple of years ago
>I can rent it to tourists in the summer while I'm on holliday
>tfw lockdown with the family is comfy af

[Anonymous No.18421587]

>>18420975
>muh tv

[Anonymous No.18421633]

>>18420777
>he shits where he eats

[Anonymous No.18421636]

>>18421503
so tourist really rent country houses?

[Anonymous No.18421642]

>>18421114
>shower
bottom left corner lmao. OP unironically showers together with his washing machine

[Anonymous No.18421648]

>>18421503
I know exactly where this is anon. I'm going to come to coof on you.

[Anonymous No.18421651]

>>18421503
>I can rent it to tourists in the summer
>I'm an airbnb "entrepreneur"
>2020
Anon, I...

[Anonymous No.18422112]

>>18421326
>>got it right out of college with an inheritance
stopped reading there

you accomplished nothing

[Anonymous No.18422185]

>>18420777
Yawn, so 1960.

[Anonymous No.18423176]

>>18422112
I understand your point but he's getting good mileage out of his money. Most folks as fortunate as him to get a bucket load of money can't say the same. Let him have this.