/biz/ - Business & Finance

>>19759167
1. Niggers will burn it down / destroy it

own a house?

lmao

Its immoral.

>>19759176
What did you do to piss off the niggers?

>>19759257
existed as a white person

>>19759279
Are you sure it doesn't have anything to do with the fact that you refer to them as niggers?

>>19759187
Not an excuse

>>19759300
nigger

>>19759167
you're not a jew

>>19759300
>Nigger
>Woman
>Cuck

Chose one.

Actually its "a" apartment building since apartment starts with a vowel

>>19759300
What's with the influx of faggots to /biz/ recently? Fuck niggers.

>>19760285
It was a joke, retard. Nice job getting defensive though. Very telling

>>19759167
I've seen how people who aren't me treat their apartments. I don't need that kind of headache.

I would only ever rent to the middle class, and then it would be a house.

>>19760370

Black lives don’t matter

>>19760285
Faggots from wallstreetbets come here because muh 4chan. Thats one of the most cucked investing subs I've ever seen.

>>19760248
Ya know correcting someone grammar is a form of OCD. Midwit

>>19760248
This gave me brain damage.

>>19759167
wait for the reparations BLM Tax

>>19759211
Waste of digits. You're a chump.

>>19759167
I'm not a kike.

>>19760248
>corrects someone spelling
>writes “its” instead of it’s
Anon... I....

>>19760248
if you're going to correct someone, at least be correct.

>>19760723
All lives matter

>>19759167
Unironically sold my only rental and went all in LINK. I hope 41k is enough to make it.

>>19759167
because I own farm land

>>19759167
Cause the best passive way to earn money from property is commercial property. Why?

You can borrow more money to set up and you dont have to deal with fuck all from occupiers. They move in and decirate5it how they want their offices or business. They are usually professional and not niggers and they don't call you at 2am in the morning to find their fucking sink. Never be a landlord unless you like fucking bother.

>>19759167
I’m debt free and live with my parents.
Currently scrounging up every penny like a Jew in Minecraft to afford a shit home in so cal.

>>19759167
how about 3

>>19765070
I said own not rent

>>19765070
>>19759167
but really

1) ZERO equity

2) rent increases @ an average rate of 3% a year

3) homes historically increase in value

4) your neighbors are literally 8 inches away

5) Apartments are broken into more often

6) blacks and other minorities rent at an extremely high rate

7) "knock knock, maintenance"

8) boring white walls that cant be painted

9) Average size = 750 square feet.... and shrinking

10) walking a football field to take your trash out

11) "oh you want a garage? that'll be $200 extra a month"

12) loud neighbors

13) "oh you live on the 4th floor and sometimes want fresh air? well we have units that have a 4x7ft patio... but they cost extra"

im sure there are more reasons but thats all i have for now

>>19765070
>housing market always go up

>>19759300
Holy fucking shit show hand and timestamp. Everyone is guessing you're a nigger, I'm going with pajeet who thinks because he's dark skinned he should ally with niggers.

>>19765214
I was just trying to be funny. Holy fuck I said it earlier, but you faggots get defensive so godamn fast

>>19765192
See
>>19765107

To answer your question OP, you're either buying someone else's apartment building and paying condo fees, or building a giant complex which is a huge investment. The former does not have great ROI, from my experience. The latter takes a mountain of capital

>>19765023
Except black lives

>>19765245
I thought it was funny. Hopefully the thread doesn't derail

>>19765263
black lives dont matter

>>19759167
neet

>>19759300
you need to go back nigger

>>19759167
1. Too illiquid. I can't sell 1/10th of that shit quickly if I need money.
2. Too centralised risk. I live in Latvia. So let's assume I buy apartment building for one million or something. Ok, so first of all, government knows I have 1 million now, tax consequences and all that jazz.
3. Secondly, my risk is centralised. Is EU about to fall apart and Russia to invade or something like that - my business goes to shit, my investment down the drain.
4. Too much work to find renters. And IRS is cracking down on rent business, you need to pay tax on everything now.
5. Over time due to amortisation real estate is actually worth less. Ok, it might (MIGHT) inflate due to real estate bubble, but as a property it requires upkeep and it doesn't compound or get BETTER over time, only worse.
6. Stocks, on the other hand, are LIQUID and COMPOUND and IMPROVE over time. Global productivity rises, so if I have 1 million in stocks I can:
7. Beat inflation
8. Over time reinvest and make more due to div reinvestment plan type of ETF like VWRA.
9. Stocks are liquid so if I really need money I can sell a small chunk of them.
10. Diversified. Even if US goes to shit I hold international (world stock) so as long as there is no WW3, should be fine.
11. Pic related, what happens after bad tenant

So yeah, please tell me how I'm wrong about all of those things, I'm honestly open minded to real estate, but when I look at it this way it just doesn't make any sense to me. Am I not seeing something?

EDIT:
Oh, ok, if I leverage 100k$ to get a loan for 500k$ property and rent it out, sure... but it's not really that easy to get that kind of money from banks, is it now?

>>19759300
Nigger

Do, but renting it out.

>>19759167
I do I also own over 2 mil SUTER
Guess which brings me more gains
SUTER

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