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/biz/ - Business & Finance

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49940697 No.49940697 [Reply] [Original]

>bro just invest in multifamily properties so you can live for free
Why the fuck do retards keep spreading this nonsense?

>> No.49940702

>>49940697
If you're too lazy to drive down to the house store and buy a house then that is your problem zoomer

>> No.49940713

>>49940697
>multifamily properties

what

>> No.49940719

>>49940697
>multifamily properties
what the fuck is that? kek

>> No.49940724

imagine share your home with other families, disgusting af.

>> No.49940728

>>49940702
What the fuck is a "house store" you dumb illiterate faggot lol

>> No.49940730

>>49940697
It ain’t nonsence, there was a multi family property that I wished I got, worth a million and would of been able to net 60k a year after expenses provided that it had full renters which is easy to get. Some other guy bought it less then few days in market.

>> No.49940731

>>49940724
you pay less in taxes

>> No.49940740

>>49940731
>implying we pay taxes

>> No.49940744

>>49940702
What the fuck is a "house store" you dumb illiterate zoomer lol

>> No.49940745

>>49940697
Well, you know what I'm asking myself? Why the hell the U.S isn't having a real state boom... South Americans are going with no controls to the U.S so... I think that isn't a bad business to start making cheap and good looking houses to the new people that are coming from outside

>> No.49940747

>>49940697
>you can live for free
that shit doesn't exist, you will always need money in your pocket in this fucking capitalist system, money is everything.

>> No.49940751

>>49940740
based

>> No.49940764

>>49940747
Funny this thinking and scamming doesn’t exist in America

>> No.49940766

>>49940697
>bro just invest in multifamily properties so you can live for free
or you can buy your own house in propchain, with gas fees of 0.1% and invest cheaply in a house, which is backed in cryptos and with which you can do business freely.

>> No.49940768

>>49940730
Damn. Kind of sucks but I'm also not a fan of living right next to your tenants, ya feel me? Feels like I'm being constantly stalked even though you might end up paying much less because you also live there. I dunno it just feels creepy to me. I know people are probably gonna call me a faggot for it but I don't care.

>> No.49940771

>>49940740
>>49940751
fucking delinquents

>> No.49940772

>>49940747
KILL YOURSELF COMMUNIST NIGGER

>> No.49940784

>>49940766
it's still an investment in a fucking house, just because it's in cryptos doesn't make it cheaper, it just makes it more insecure and with more steps in the middle.

>> No.49940785

>>49940766

not buying your bags faggot lol. this is a real estate thread not your average shitcoin casino thread so fuck off

>> No.49940791
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49940791

>>49940772
>the most capitalist post in this thread
>calls him a communist
>leaves the thread

>> No.49940795

>>49940766
investing in real estate? those kind of investments are ponzi in cryptos.

>> No.49940802
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49940802

I just wanna own a house. Is that too much to ask for?

>> No.49940817

>>49940766
Yeah yeah, sounds nice, but can I live freely there or not? I'm buying an asset or a true house where I can live?

>> No.49940860

If you are getting into real estate as an individual and want to flip houses or rental property than SFR is the gold standard, MUCH MUCH easier than multifamily or commercial to close on and a way bigger market. Unless you are a general contractor or have millions in collateral you won't be able to get funding for multifamily or commercial they will one look at you, ask for previous experience and when you say you have none you will be told to hit the bricks and that's at a private lender, banks will not even talk to you in the first place. Start with SFR see if you can cut your teeth on something simple and build your way up with leverage, don't get into multifamily, commercial, or mixed use until you have a strong portfolio and know what you are doing...
In this economic environment though it is the worst time to get into this business, you needed to get in 10 years ago when rates were low, as we speak there are flippers losing everything because they were extremely over leveraged (you almost have to be in this business) and as they say when the tide comes in you find out who is swimming naked....
I see so many scam artists on social media talking about "rental property" "passive income" trying to rope you in to buy some course or some bullshit they need to all go drink a gallon of bleach

>t. worked for a jew in hard money lending 2 years

>>49940713
>>49940719
these are the 12yr olds I share this board with.....

>> No.49940862
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49940862

>>49940719
>>49940713

>> No.49940979

>>49940860
>>49940862
I'm not underage but I didn't know that those kinds of houses were called "multifamily properties"

>> No.49941011

>>49940979
i am sorry i got triggered by the other guy you did not deserve that
but at the same time it takes 5 seconds to open a new tab and google "multifamily property"

>> No.49941234

>>49940768
I wouldn’t live in it, I’t would of just been a great cash flow property. Can’t afford anything like that now though since my crypto bags tanked. Feels bad man