/biz/ - Business & Finance

>>17120730
>1 mil at 26
>retirement money
yeah ok
have fun stressing over alts for the next 30 years to keep you solvent

>>17120742
Kek dumbass. What part of real estate for passive income dont you get? Youre probably pissed you are passed your 30s and no where near retirement.

>>17120730
I hope u make it fren. What is ur portfolio now, and what is the situation with real estate in the us? for 1 mil how many apartments can u buy and what are the optimal buys?

>>17120907
I just have btc but have been trading alts with it. Like matic for instance then I sell within about 1-3 days.
Real estate situation is pretty crap here. Idk if theres a bubble that will pop. Where I live, an 8 unit apartment might cost like 800k or some shit.
This is a long term goal and I wont buy until I feel I understand the market more since imagine buying at the high point.. would suck.

>>17120730
> Trading alts to have more btc.
only if you know when to stop
alt ratios will crash down someday when the altszn comes to an end

>>17120730
>Imagine thinking that real estate is easy passive income.
Kek
https://www.dailymail.co.uk/news/article-4099928/Manhattan-couple-hasn-t-paid-rent-4-754-month-apartment-SEVEN-years.html

>>17120762
This

>>17120956
Ya thats why I do short term trades. I dont believe in then long term

>>17120962
>cope
It is tho. Literally just sitting on your ass collecting money from people that do actual work. It's like government gibs but has "prestige" to it from sheep just because it has a high barrier to entry.

>>17120762
How much do you have right now ? Pretty sure you're far from retirement too.

Are you mad because I'm the next billionaire ? I just need to trade alts for btc a few months.

I have 2 houses, rent each of them for $2.5k/mo. Morgage is $1.5k
Poor people don't know what it's like to manage wealth and be independent

>>17122670
You actually have the houses.
OP has 15 ETH and believe he's the next warren buffet of cryptos.

>>17122646
>Are you mad because I'm the next billionaire ?

>>17122734
Pic didnt post due to icloud errors. Piece of shit ruined the image reaction

>>17122733
No, down syndrome retard. I just know I'll have enough to escape wage cucking.

>>17122371
haha holy shit you're in for a rude awakening

oh you're just a troll, fuck off

>>17122762
>>17122787
Kek what is your life experience with real estate? Oh wait, you probably dont have any and are just saying it sucks to cope woth how youll never own any ever :).

Dumbass. Stay poor for life, bitch.

>>17120730
Save yourself the headache of owning properties/dealing with tenants and maintenance issues and invest in a REIT that gives you quarterly dividends.
They usually pay 6-8%, some pay as high at 10%

>>17122670
How'd you find such sweet deals? I've been looking for a similar investment for a few months now, none of my evaluations return those kinds of numbers. Which area of the country are you invested in?

>>17123010
>REIT
seems like a solid plan after crypto cashouts

>>17122864
I have property in Brooklyn, NY in Mill Basin with the Jews and I live in TX. I make more money than you right now; while you jerk off to your imaginary future and rage at people who tell you to wake up from your dream, troll.

>>17123039
Whats your age, faggot? Probably in your 30s, huh?
Secondly, whats the hardest part? Knocki my and asking for money once a month? Maybe calling to make some repairs every now and then? How fucking stressful, anon!

Have you even had a real nob before? One where you actually put in work or did you inherit that real estate? If you had a real job, youd probably see what youre doing now as being easy as shit

>>17123059
>Knocki my
*knocking on doors. No idea wtf happened there.

*job

>>17123010
Well long term I'd like to diverse into different streams of passive income rather than just one. Idk about what you said, but I'll make a note of it.

>>17123059
>Have you ever had a real nob before?
No I'm not gay. Kek

>>17123099
In other words you inherited your wealth and so have no idea what hard work really is. Since you are exposed to so little of it, it is no wonder when you invest the tiniest of efforts, you find it extremely taxing.

To help you answer your raging posts. I've been on biz for a long time. You're just now jumping in hoping to make it like the rest of the newfags. You will get your scraps soon enough. Now don't you me anymore.

>>17123139
I mean I've never had any nob. But you can keep working and polishing that nob as hard as you want to. If you enjoy your nob, then I'm not judging you.

>>17123139
Retard, that's not even me. ngmi

I used to manage a rental property that averages 20% returns every year. That thing shits out money. Real estate is a cash cow and the risks can be mitigated by buying in landlord friendly states and screening out retards. All of those professional tenants that cost their landlords thousands of dollars have red flags that you will catch if you screen properly. If you're still doubting your retirement strategy, remember that reddit hates RE investing which is reason enough to get into it.