REAL ESTATE GENERAL

[Anonymous No.29974889]

>"cheap foreclosure" edition
>foresee brutal housing market collapse on the horizon which promises to make 2008 look like nothing
>be white man
>have nyc jew gf
>keep annual expenses below five figures by living modestly in semi-rural shared house
>accumulate six figures
>obligate-manhattanite gf owns her own home:
>$321k 1br apt
>gf works spec ed, makes decent money, does online surveys for side money, will happily travel all the way across town and use jew powers to return an item bought elsewhere without receipt for $8 store credit cuz jew; has very modest investment portfolio & zero debt but only about four or five figures in the bank
>foolish gf wants for me to buy pic related as my new home so "we" can fix it up and flip it
>gf cannot understand why this is a terribly high price and just a bad idea in light of how much less work for more profit simply day-trading or longing investments (which is how my money has been made)

Please either help me explain to her why her's is a bad plan; alternatively: please explain to me why this might not be a bad idea

[Anonymous No.29975160]

>>29974889
>>be white man
>>have nyc jew gf
A thread died for this.

[Anonymous No.29975183]

Dump your girlfriend. Do you want jewish children? Do you want your sons circumcised? No, you don't.

Second, if you're going to be buying houses to repair, you might as well pick up a run down apartment building and fix it up, then rent it out. It's easy to take a shitty building full of section 8 losers, kick them all out, renovate with cheap luxuries, then start renting it out for 4 times what it was renting previously. It's called "gentrification" and it's great, just make sure the location isn't literally gang territory. Renovating apartments is a lot easier, too, because once you've fixed up one unit it's a lot easier to make plans and cost out repairs to the rest of the units.

[Anonymous No.29975218]

Let her try it once with a cheaper house. Tell her that since it's the first time either of you have flipped houses you'll probably make mistakes and learn a lot so it's better to start low and have more wiggle room in your budget. If it works, great. If not, you aren't out as much and she'll stop wanting to copy HGTV shows.

[Anonymous No.29975478]

explain the rationale of why you think there's a housing bubble and ask her to wait a year. if it's popped, you can get it for cheap, if it hasn't, an inflated price will lend credence to your theory.

also never buy a house with your gf how dumb can you be

[Anonymous No.29975530]

>>29974889
>gf works spec ed, makes decent money, does online surveys for side money
No she doesn't, unless she is the one selling people's personal info

[Anonymous No.29975711]

God I fucking hate realestate. Why the fuck did I get an education and a comfy job so I can turn around and do back breaking blue color labor to increase the value of my "investment". Like what the fuck. I don't have to do that shit on the stocks i own. Simply writing options gives you more monthly income than you would ever get from rent for the same capital. A random retarded pitbull isn't going to chew my shares that I will then have to repair.

[Anonymous No.29975854]

> will happily travel all the way across town and use jew powers to return an item bought elsewhere without receipt for $8 store credit. this kekeked me
It’s a lot easier to flip commercial than residential.
I have flipped few properties. It’s Nothing like what u see on HGTV and no it’s not as rewarding as HGTV makes it seems like. By the time you pay for the house and closing costs and materials and contractors which will pencil whop u every time. U aren’t gonna be left with much if anything. And depending on ur market ur may sale it fast or may not sale it at all then u will have to rent it out and all it’s gonna take is one bad tenant to destroy ur shit and now u are back to square one all over again. You are welcome fren

[Anonymous No.29975886]

>>29974889
you should secretly record you fucking her and post it on here

[Anonymous No.29976064]

>>29974889
>>have nyc jew gf
You're holding what should be a pump and dump.

[Anonymous No.29976081]

>>29975886
This except I fuck her

[Anonymous No.29976180]

>>29975711
So get out of real estate then if you don't like it. In fact, why DID you get an "education"? Clearly you're not using it and you're unhappy with life, you probably didn't really get an education, you just got a good goy certificate for five figures of debt.

[Anonymous No.29976240]

>>29975886
Yeah this will help big time

[Anonymous No.29976289]

>>29974889
kikes have a sense for real estate use her voodoo to your advantage

[Anonymous No.29976302]

>>29975711
How can I benefit from writing options fren?

[Anonymous No.29976389]

>>29974889
>be white man
>have nyc jew gf

You realize Judaism passes through the mother, right?

[Anonymous No.29976451]

>>29976302
Read "Options as a Strategic Investment". The PDF is easy to find online.

[Anonymous No.29976491]

>>29974889
dump her

[Anonymous No.29976568]

>>29976451
Thank you fren

[Anonymous No.29977280]

>>29975886
i'd be a lot more helpful after seeing this

[Anonymous No.29977310]

>>29976180

Bro I don't do real estate. I'm just mad at the normie concept of it.

[Anonymous No.29977442]

>>29974889
she wants to live in it and have babies
she is simply using profit motive to trick you into it as it is the only language her people understand

[Anonymous No.29977722]

>>29975711
>>29975854
Is there any way to make an honest-to-God living off of real estate? I'm about to graduate college and I'm starting to think I'm going to have to find some type of wagie gig unless I do real estate. My family has a few lots that haven't been able to move in quite some time and we have some money in savings if I decide to try and flip or rent something.
I hate the prospect of not making my own money and I don't know if I have the skills necessary for day trading.

[Anonymous No.29977953]

>>29975711
just buy reits nigger

[Anonymous No.29977955]

>>29976568
No prob dude, just don't be a retard and write naked calls and puts without properly hedging. Risk is fine, blowing up is not.

[Anonymous No.29978178]

>>29977722
Owning and managing a small apartment complex is 100% doable for midwits. Renting houses isn't a good move because it requires way more capital outlay but it's pretty easy to find small apartment complexes that go up for sale all over the place. Running it yourself is definitely a full time job but other than that you just need a maintenance guy and get him on a 24 hour response contract and then it's just a matter of finding tenants, collecting rent, repairing stuff that breaks, and renovating apartments every 5-10 years.

[Anonymous No.29978309]

>>29978178
Apartments are definitely something I've considered since I live near to a university. Thanks for the reply.

[Anonymous No.29978515]

>>29977955
>No prob dude, just don't be a retard and write naked calls and puts without properly hedging. Risk is fine, blowing up is not.
Thanks fren I appreciate it

[Anonymous No.29978852]

>>29978178
Apt complexes are definitely the way to go. You just hire one property manager and one maintenance guy and maybe one office aide and you are all set.

[Anonymous No.29979811]

>>29978852
>Hire pic as office aides.
You: "If you have any issues, please bring it up with the office aides"
office aide: "You have a problem with my work done in the apartment ese"