/biz/ - Business & Finance

>>14389813
as many units as that affords as a down, obviously.

Second best is commercial/strip mall in a suburb that's going to turn into it's own city in the next decade.

Buy 3 properties and use the funds from all 3 to buy another and wash and repeat. Properties must be around 2-4 bed/1 br to get rented at about $1200 each depending on your area. Doesnt matter where you have you property provided its not a ghetto

It really depends where you live and also you shouldn't have to put a huge downpayment on it, just 20% and use the bank's money. Not every property is profitable

>>14389886
Question I've only seen this done on residential properties. Would bank give you a loan for an apartment complex?

Multifamily for sure. Highest ROI hands down.

a beach rental. No matter the economy, people want to go to the beach, and high schools are having beach week every year.

3~4k per week in guaranteed income.

don't pick a shitty beach, and save enough for maintenance.

>>14389940
Honestly, I don't know much real estate yet just the basics so I'm not the person to ask. But if you have an established background and good credit I don't see why you wouldn't be able to do this with apartment complexes and commercial properties like strip malls. The banks want your money but you need something to show them

>>14389940
yeah but you'll have to put 25% down and there are no 30 year fixed mortgages for 5 units or more. Normally there is something called a balloon period after 10 years, which means the entire loan will be called due in 10 years. So you will either have to sell or refinance the building

You can get a fourplex though with a conventional 30-year fixed loan. You could even live in one of the units and rent out the other 3, you will likely have no net mortgage payment.

>>14389980
This
I know someone who makes 3.3k during the summer renting out property in Ocean City MD
Resort homes/condos are the way to go

>>14390029
Until he rents a literal drug dealer.

>>14389980
Nice tip there hadnt thought of a beach property, thanks, though id rather have longterm renters than lots of kids for a few weeks/months at a time

>>14390012
So 25% down? Sounds like a good investment, I mean are rental properties like 5-11units fucked by rent control?

planning on cashing out half of my link stack at $100 and getting the green card on burguer land by investing $500k there

is $1mil enough to make it in the usa?

i'm white btw

>>14389813
Multi apartments, anything else is suicife in this market.

The single family home will not be bullish for 40 years

You’re white, you already made it. Now give me your fucking links

>>14390088
rent control is determined by local gov and as far as I know it is only implemented in New York and California. You wouldn't want to invest in these markets anyway they are inflated shit and rental yields are in the toilet

>>14390193
in corn country, you'd have a nice head start. 5mm minimum "make it" amount with our overinflated fiat.

>i'm white btw
Prove it, what's the password?

>>14390193
if you invest for passive income smartly then $1 mil is enough for semi-comfortable perma neetdom

>>14390029
one thing to consider with vacation rentals is that they are the first properties to suffer during a recession. people stop taking vacations way before they stop paying rent on their primary residence

>>14389813
buy 6 300k mutli family homes and rent them out, collect 25% ROI and then in 30yrs enjoy your equity if you need it to cash out refinance or the higher cash flow.

>>14389813
Buy a bunch of houseboats.
Then rent them out to hipster fagerals telling them they'll be set for the global warming floods.

>>14389813
>property
Where do you live, what is the yield growth on property in your area, what are the fees for owning property, what extra fees do you have for investment properties, what differences in fees are there between types of properties

If you dont tell us these things no one can tell you what to do/not do.

Also spoiler alert putting all that money into vanguards SP500 will net you more money.

>>14391063
false

>>14391076
It will, and I can prove it if you post all the info I asked.

>>14389813
What % ROI should I expect for a rental property?

>>14390518
f-fuck niggers?

>>14390536
for perma neet i guess you would need $5mi+

semi-comfartable neet sounds lame

>>14391098
You realize literally no one can tell you that without knowing where you live right? And also, you can figure that out yourself with google.

>>14390193
>i'm white btw
Welcome, brother.

>>14391086
are we implying he takes 0 loans? If he's buying a 500k building straight out he's a retard and will need to find a good deal for higher returns than an index fund, but with the wrong house in the right neighborhood he can make a lot more on his investment. If he leverages all of it at 4x and lives in 0 of them he could see +20% ROI in my area.

>>14391103
The correct answers were:
>fuck niggers
>fuck trannies
>fuck jannies
or
>we must secure the existence of our people and a future for white children

>>14391098
If you aren't getting 1% or more of it's value per month as net rents you're in a bad house.

>>14391196
>If he leverages all of it at 4x
He'll go broke is what will happen

>could see +20% ROI in my area.
Pfthahahah, yeah, no.

>>14391249
>he'll go broke
are you retarded? It's called a mortgage in the small fish game and a commercial loan in the big fish game.

So yeah, you'll have to bust your ass to make more. If you think that taking loans on houses will make you lose it all you must not own any buildings and just have a fuckload of ETFs

>>14391202
she looks black.

>>14391368
https://www.youtube.com/watch?v=A2HdJ0c4hP4