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25021508 No.25021508 [Reply] [Original]

Anons, redpill me on being a landlord.
What is the point of investing in something that will take 10+ years to get my initial investment back?

>> No.25021553
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25021553

Soul

>> No.25021710

>>25021508
You get your initial investment back instantly in form of real estate that is also appreciating in value. Even if you didn't rent it out, you'd earn money. Renting out gives you additional cashflow. It's double gaining. It's kinda like staking

>> No.25021737

>>25021710
But it doesn’t always appreciate, it’s like playing the stock market.

>> No.25021782

>>25021737
Real estate is much safer than stocks. People will always want to seek new homes thanks of the modern meme of moving out before you can afford it.

>> No.25021818

>>25021508
Fuck don't remind me of the good old days

>> No.25021848

>>25021710
Still, let's say that appreciation makes it take 5+ years.

Unironically why not invest in a few shitcoins instead?

I'm new to real estate (just started making enough to go into it) and I don't get all the buzz about it.

>> No.25021869

>>25021848
I think it comes down to which game you prefer. Some people like crypto, some like real estate. Either one can make money.

>> No.25021894

>>25021818
We shall be redempted by our foresaken innocence, Anon. Zoomers need to be aware

>> No.25021905

>>25021508
Girls get wet if you own 2 homes.

You are like the very important and scary dangerous landlord they used to rent from as a student. This also applies to rich girls who get/will get an apartment from mom and dad as the conditioning will be largely the same.

Tldr chicks digg property

>> No.25021928
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25021928

>>25021508

>> No.25022035

>>25021928
based

>> No.25022101

>>25021905
i don't need homes to get hoes

>> No.25022992

>>25021508
As a landlord, I will tell you that it is not passive income first of all, it is a job. It is a job that can provide you wealth, and passive income. I will say I'm glad I acquired properties while I was young enough to buy cheap and renovate myself. I did this for the last 12 years, on 4 total properties. Two I house hacked while renovating then rented out. Two I sold after living in them and renovating. To be honest, being a landlord is not for everyone, and I slowly got out of the rentals I owned, and am working on selling my last rental. Thing is, value appreciation is not given, but I got lucky that now is a good time to sell, so I did, cashed out, payed off all debts and student loans and built a nice savings. I have had a full time job on top of all this. Bottom line, it takes hard work, dedication, and communication skills. There are ways to be less involved if you have a lot of money upfront to invest, otherwise you need to work for it.

>> No.25023159

>>25021869
No, real estate is not a game like clicking you're mouse on a computer screen hoping you get lucky because 'dyor'. Real estate is actual work that will typically make you money if you don't buy too high. It depends what kind of 'work' you want to do, crypto is essentially gambling let's be honest

>> No.25023274

If you don't buy somewhere stupid, real estate can have huge returns. Plus it's cool to own something tangible imo.

>> No.25023402

The way I look at it is a literal donation to your net worth. I don't give a fuck if the house doesn't appreciate much. Buy a duplex with two units, you collect like $1600 a month. That's basically a $20k donation to your net worth every year.