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25156272 No.25156272 [Reply] [Original]

What are your thoughts on investing in real estate in 2021 in the US? Good idea or nah?

Should I focus on:
1) Single family residential
2) multi family residential
3) retail
4) office

And which types of deals?
1) Go it alone or with small group of family and friends
2) Private REITs and syndications
3) Public REITs

>> No.25156298

>>25156272
>highest unemployment
>gov passing laws where tenants dont have to pay rent
"hey guys should i invest in RE?"

buy bitcoin dummy

>> No.25156310

that you should go troll on /b/ OP

>> No.25156316

>>25156272
Bad idea you be buying at the Top.
If you have to make loans to do it, you are fucked.

>> No.25156378

>>25156272

Ignore the coincels, RE is a great investment. I added to my REIT positions this spring and have been rewarded with 2x appreciation plus dividends.

I would suggest going for high quality residential if you can afford it, something multifamily in a really nice, walkable area, a place people wouldn't mind working from home. But whatever the best you can afford is.

>> No.25156399
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25156399

What happens to REITs when everyone stops paying rent? Are Congress and the Fed just going to bail everyone out?

>> No.25156403

>>25156378
I had traded in and out of EQR, ESS, and AVB this year for a nice profit. What do you think of holding those names long term? Any other names I should consider?

>> No.25156421

>>25156399
yes, they have to.
home prices are largest equity boomers have, they can't let that fall. politically impossible.

hugely bitcoin positive

>> No.25156427

>>25156316
That's a good point. What is the real estate strategy for a market top? Obviously waiting for a crash, but there has to be others.

>> No.25156502

> Should I focus on
This is more of a personal preference than a hard-and-fast rule. Single family has lower barriers of entry, but multi-family and commercial have better long-term returns (if you can keep them occupied).
> Which types of deals?
If you have to ask this, you haven't done enough research. REIT are fundamentally different investments with different risk profiles. The true strength of real estate is leverage (that is, you only pay for 20% of the property while your renters pay the other 80%, which you can then refinance to obtain cash and repeat for other properties). You don't get that same opportunity in REITs.

Personally, I invest in mixed-used development in middle-tier cities (250k-100k in population). I'm fairly convinced that suburban development will become a thing of the past and that more people will flock to city centers, even if those cities aren't the megalopolises that we see in California or the northeast.

>> No.25156540

>>25156272
Second word real estate. Look in the East for value deals.

If you are muslim, look at Turkey or Malaysia

If you are Christian, convert to the true religion casue thats more important than gains in this world.

If you refuse to let go of attachments to Roman pagan manmade sun worship traditions, and still insist in the polythiestic religion called Christianity, then look at Georgia, Latvia or Slovenia.

>> No.25156541

>>25156272
>What are your thoughts on investing in real estate in 2021 in the US?

My immediate thoughts are red candles and the year 2022.

>> No.25156693

>>25156298
dude bitcoin ain't going make you rich that time has passed

>> No.25156715

>>25156272
Actually despite what retards are saying here my friend told he talked with a guy he's making a killing landlording. You just have to find dirt poor houses.

>> No.25157335

>>25156272
I made a sweet 2x in 2 years on the NZ market. And as a foreigner you can own there no worries, the chinese get away with it all the time

>> No.25158317

>>25156316
Why? The loans will be easy to pay back when they are in USD and the USD is worth nothing.

>> No.25158373

>>25156502
Idk I'd never want to live the way inner city people do, like crabs in a bucket. I'm sure theres many others who feel the same

>> No.25158396

There is no top. Just buy!! BUY!!!. You will never see a crash again.

>> No.25158415

>>25158396
What a load of barnacles.

>> No.25158452

>>25156272
OFFICE is the best form of real Estate investment one can make rn. Especially in a place like California or New York.
The next best would be some sort of retail, or even a warehouse
Also,

>> No.25158471

>>25156693
Smartest post in this thread. But no one wants to hear this.

>> No.25158942

>>25156540
Shut the fuck up shitskin.

>> No.25159022
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25159022

>>25158471

>> No.25159024
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25159024

>>25156540
Dumb fuck, Islam is an Abrahamic religion. Beyond that most religions (including Islam and Christianity) are based on astro-theology.

>> No.25159074

>>25158452
>t. nigger tier retard trying to subvert OP and others
>telling people to invest in office real estate when there is a massive transition to WFH work setups

>> No.25159110 [DELETED] 

>>25156272
I'm poor and buy cheap gold coins, penny stocks and shitcoins. I don't have the money for AMZN, BTC, rare coins. Why would I have money for an apartment?

>> No.25159361

People keep saying the market will crash but I don't believe in the idea that the rich in this country would ever let another opportunity to buy land slip to the middle class.

>> No.25159632
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25159632

>>25156427
Flipping seems to be a high-risk high-reward market top strategy. I just found so many examples of buyers doubling their money, obviously taking advantage of the panic buying thats going on. Pic related really didn't do shit at all renovations in the 6 months since they bought it. They just painted over the old peeling paint and termite damage AND SOMEONE BOUGHT IT FOR $1.3 mi!
>Status: in escrow
Its really unbelievable.

>> No.25159842

>>25159632
JFC

>> No.25159878
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25159878

>>25159361
The way I'm thinking about it is: the rich WANT the middle class to buy the absolute top of all time because they see a crash likely coming, and then they can later swoop in and bulk buy everything at a discount.

The middle class is already going nuts buying. Outbidding each other to buy properties with debt. They are falling hard for the "Buy now cuz mortgage rates have never been this low!" meme, which is so obviously a commercial aimed at suckers.

>> No.25159922

>>25159878
I hope you're right, if the market crashes and doesn't take crypto with it I'm definitely cashing some out and buying property. My main goal is to be a landowner in the next 5 yrs, even if it's just being a mortgagecuck

>> No.25160235
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25160235

>>25159922
Checked, but think more about the mortgage aspect. Mortgage rates are based on MBS. If middle class mortgage plebs default in-,ass and foreclose, the value of those MBS plummets, and the rates rise bigly. Property values may drop as middle class try to dump their bags, but unless you have cash, you would be looking at a 5%+ mortgage again, which prices out just enough people. This gives me more conviction that its going to play through that way.
>middle class panic sells
>mortgage rates too high for rentcucks to buy
>only buyers left are cash chad elites

The kink in this scenario is if the Fed backstops MBS enough to prevent rates from rising.

>> No.25160274

>>25160235
Well sounds like I have a couple yrs to get into six-figure hell. Thanks anon.

>> No.25160366

>>25158373
You should fuck off with your ungrateful zoomed response. The op gave you a well thought out and response and you reply with some vapid /pol/ cliche. People like you are a disease

>> No.25160423
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25160423

I am thinking of buying into the "buy rent income" meme. Aka, don't worry about price (within reason), buy income generating property.

I think single family with two bathrooms is the best and most flexible option - you can rent it to a family for $800-1200 in flyover, or you can rent rooms.

The question is this?

>complete ghetto house in trash neighborhood for $50,000, which costs another $50,000 to repair
or
>$150,000 working class neighborhood house with very little work

The THEORY is that you pay $30,000 down and collect $200 in mortgage (+expenses)/rent difference forever.

Of course, I have seen realities where the tenant shits on your walls and doesn't move out.

The flexibility with a single family w/ two bathrooms is AirBnB to remote professionals for $600-800 a month and you can kick them out easily.

The problem with all of this is that people I know who do this on a small scale mow lawns and repair toilets despite being millionaires.

Does seem like a very sure-fire thing for low IQ/bad luck.

>> No.25160431

>>25159878
Wait till this mortgage forgiveness runs out should be red everywhere. I'm looking to buy as close to cities as possible for profit maxing. I think this summer should be interesting

>> No.25160465

Anyone know anything about Philadelphia?

Ridiculously cheap for an east coast large city. But I've heard bad things. Aka ghetto etc

>> No.25160484

>>25160465
bucks county anon here, trust me you do NOT want to live near philly, also the niggers are spilling over more and more each year, you need to be at least 2 hours out to not see them everywhere you go

>> No.25160502

>>25160484
This is true in all cities

>> No.25160517
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25160517

>>25160423

What my concerns are is that the houses running that cheap are quite literally 150 years old, and pretty unmaintained most of the time. Even if I rip out all of the piping and electric, it might be a question of time before the whole thing rots through or something. And then the $50,000 house becomes $150,000 in a fucking second.

The theory pushed by real estate guys is that property always goes up, because it's a "base asset". While true, I also think it's a cucked, safe asset.

Anyway, what I mean by my ranting is that I don't know if the "buy rent" model works in practice, and just how much work it's going to be on top of a full time job.

>> No.25160521

>>25156693
im screenshotting this, see you in a year when bitcoin is 100k.

>> No.25160550

>>25160484
Niggers don't live in every square inch of the city though.

I see rowhouses/townhouses in north east philly for 170 to 200k. Look decent. Doesn't look like it's majority black area
I used to live in South Jersey for 2 years and want to move back to Philly area. Trying to buy property which I can turn into rental eventually if I decide to move again

>> No.25160644
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25160644

>>25160423
I like the AirBnB strategy for a lot of reasons
>renter protections
More and more common is that the law favors the tenants and you will get screwed
>poor getting poorer
With vacation rentals you won't be dealing with people who can't pay. You also identified the new remote worker market.
>property maintenance
Sounds like a perfect excuse to incorporate yourself. Deduct all your maintenance from taxes. Hire people to mow the lawns then you can apply for PPP loans and cash in on those gibs. The possibilities are endless.

If its profitable for low IQ + bad luck, imagine how far high IQ and mediocre luck can get you.

>> No.25160704

>>25160517
I just coomed. You got more of this thot?

>> No.25160748
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25160748

>>25160644

>b-but I am an intellectual
>I-I am going to have a startup o-one d-day
>t-thats not spaghetti

Yea, more and more, it's seeming like the thing to do. I flipped cars when I was a wee anon, and it was dirty mindless work, profits were shit if you didn't fuck people, but it was steady income. Next stop was opening a lot, and I decided I don't want to be a salesman.

Muh STEM meme is just cuck-life too though.

Goddamnit, I really don't want to take the RE pill, but I am leaning that way more and more. Thanks for the tips.

>> No.25160764

>>25160704

She is an insta-ho. Someone has source, I am sure, there is a ton. I don't really remember their names.

It seems like hoes are like properties/investments, different ones for different purposes - that one is definitely low IQ quality ass.

>> No.25161061

>>25159632
>listed for sale
lemme know if it sells

>> No.25161200

>>25160517
>property always goes up, because it's a "base asset".
I also think they use this as a commercial to get suckers to buy buy buy. If you bought in Japan in 1990 your property lost value for 25 years and still hasn't broke even.

>> No.25161291

>>25161200

I think there is truth to this. The US had an amazing run since 2008. Questionable whether that will repeat any time soon.

People who bought at 40k at worst (and 15k often) are dumping for $140,000 - 160,000 now.