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/biz/ - Business & Finance

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55911381 No.55911381 [Reply] [Original]

It’s literally impossible to lose when it comes to property investing

Every single person I know who has got into it property investing had made it, there is literally a 100% win ratio from my own anecdotal experience with a wide range of people from their 20s, 30s, 40s, 50s, 60s, 70s and 80s

I’m 35 and I remember my friend bought a house when he was 22 and he rented it out, and stayed living with his parents, he used the capital gains from that to buy his own house to live in, and then he used the capital gains from his own house to buy a 2nd and 3rd investment property. Then the pandemic hit, and he used the pandemic gains to buy another 3 investment properties. Now he has 6 properties he rents out and his own place.

>> No.55911402

>>55911381
if you're buying today you won't cash flow. go ahead and try running the numbers.

>> No.55911407

>>55911402
He bought the last 3 properties in 2020 at a low rate and they’re still worth way more now than he bought

>> No.55911417

>>55911381
Not with 4%+ interest and declining prices. Next time to buy is at about 30% lower

>> No.55911431

>>55911407
that's nice, dear. re-read what i wrote.

>> No.55911435

>>55911431
>>55911417
Yeh so? My friend will just sit on his 7 properties and then buy his 8th, 9th and 10th when the fed eventually pivots.

>> No.55911451

>>55911435
do you have a learning disability?

>> No.55911734
File: 231 KB, 273x334, 1626281341812.png [View same] [iqdb] [saucenao] [google]
55911734

>>55911381
It’s literally impossible to lose when it comes to investing in x.com

Every single person I know who has got into it x.com dcaaing had made it, there is literally a 100% win ratio from my own anecdotal experience with a wide range of people from their 20s, 30s, 40s, 50s, 60s, 70s and 80s

I’m 35 and I remember my friend bought the token a week ago and he started dcaaing, and stayed living with his parents, he used the capital gains from that to buy more bags, and the he used the capital gains from his 25k bags to buy 12k bags and 15k bags. Then the dump hit, and he used the dump gains to buy another 30k in x.com bags. Now he has 600k in x.com and a is planning on getting to a million

>> No.55911749

>>55911381
thanks for this fren, i just bought my first property thanks to this post and already my dog is wagging his tail and my first tenant is moving in tomorrow. It really is this easy lads. WAGMI

>> No.55912415

>>55911435
Fuck your friend lol

>> No.55912438

>>55911435
Hes saying your mortages will eat up all the rents you get. There arent any gains unless you manage to sell the house at a higher price.

>> No.55912450

>>55911402
You will if you find distressed buyers.

>> No.55912459

>>55912450
>sellers

>> No.55912483

>>55911381
your friend is a parasite. Those properties could be owned by honest white families but your friend denies them that. I hope your friend gets raped by a gang of minorities.

>> No.55912492

>>55912483
kys commie scum

>> No.55912497

>>55911381
Tell it to Japs who brought property in Japan circa 1990

>> No.55912499

it's true, being a landlord is easy if you don't mind being an immoral parasite who thrives of homelessness

>> No.55912518

>>55912492
>pro white family
>gets called commie scum

You are mentally ill.

>> No.55912566

>>55912483
If who-aights are so smart and superior, why don’t they all have homes? Hmmmmm…. Makes one think

>> No.55912895

>>55911451
Do you have a learning disability?

4 of his properties were bought pre-covid

3 of his properties were bought in 2020 (well lower than current prices) + when rates were much lower

When the fed pivots (they will) all of his 7 properties will sky rocket in value even more, as when the fed pivots all assets will sky rocket again, and that means he'll take the capital appreciation to borrow more for cheap money and buy more properties

>> No.55912915

>>55911435
Retard

>> No.55913348

>>55911435
>yeah but if i bought in 2020 i'd be up
is it 2020?
>well if i bought in 2020 i'd be in profit
it's not 2020
>yeah but if you did buy in 2020 you'd be in profit

>> No.55914228

>>55911381
I'm on my 4th house. Previous 3 are all rented out. 6300/mo total in rental income.

Mortgages are a combined 385k (2500/mo with prop tax + insurance), all financed below 3%.

>> No.55914263

>>55911431
Based I also use dear condescendingly

>> No.55914271

>>55912497
Cool it with the antisemetism

>> No.55914278

>>55912895
Why would rates drop?

>> No.55914321
File: 130 KB, 884x584, real estate prices.png [View same] [iqdb] [saucenao] [google]
55914321

>>55912483
All the white families I know own their home.

The renters are the single people who were telling me from 2010-2020. "I'm going to wait for the next crash". In reality, they were

>in loads of student debt
>couldn't save for a down payment
>spent way too much money on bullshit (pets, takeout food)

They deserve zero sympathy.

>> No.55914955
File: 256 KB, 474x377, 342341.png [View same] [iqdb] [saucenao] [google]
55914955

>>55911381
thanks for the top signal

>> No.55916564

>people who started out with a substantial lump sum of money to play with, a large line of credit to play with, and an ample amount of time simply just made it
>also the timeline of events starts in 2010

If this is a troll then it's possibly one of the more high brow trolls that I've ever seen. Bravo OP.