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/biz/ - Business & Finance


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23253799 No.23253799 [Reply] [Original]

Why are discussing crypto instead of real estate investment?

>> No.23253839

>>23253799
>real estate investment
Because it's a ponzi. The price can't go up forever.

>> No.23253845

>>23253799
Nobody here has got the capital to invest in real estate.

>> No.23253865

>>23253799
more profitable

>> No.23253866

/biz/ was a containment board to get crypto off of /g/, so it's in the inception itself. That said, we could really use some diversification of assets in here. /smg/ and /pmg/ are good starts, but I wonder how much further it could be taken.

>> No.23253875

Real estate is scary, crypto is internet memes and gambling

>> No.23253885

>real estate
>investment

Choose one.

>> No.23253887

>>23253799
because we are already near the end of the monopoly game.

>> No.23253916

>>23253839
>>23253865
>>23253875
>>23253885
>>23253887
Then why are there lots of anons are still talking about buying houses. These housing threads made me think.

>> No.23253969

>>23253916
the world is 90% morons anon

>> No.23254021

>>23253799
Cause not many people on /biz/ could even afford a basic unit.

>> No.23254037

I've kept my eyes peeled for a few spots I'd like to invest in. They're rural areas but even there they're priced at such a break even cashflow after capex it's ridiculously. Big money is either just buying at 2 caps and not giving a fuck or people are just running as close to the numbers as possible.

>> No.23254061

I've only seen sorrow from anyone i know who did any kind of real estate. It may be good now, but can you tolerate being underwater on assload of property mortgages?

>> No.23254092

>>23253887
this. Now is probably one of the worst times to invest in real estate. A bubble worse than the previous one is forming. Whores are buying homes with their onlyfans money, hundreds of billions in loans are being approved for blacks and other POC that they previously did not have access to, all during a huge recession. This is not a recipe for success.

>> No.23254585

>>23253916
Because it's a lot of work for little gain. What you are referring to is Flipping Houses, which requires TLC. That's more than just investing - it's actual labor, marketing, all the while dealing with bullshit fees.

>> No.23254665

>>23254092
that's all onlyfans advertising, there are not actually whores doing this

>> No.23254705

>>23253799
Why not both

>> No.23254720

>renters can't/won't pay
>not allowed to evict them

>> No.23254731

>>23254665
sure, and jews aren't really making bank on it, and the rest of the whore industry, citing its obscene and immoral nature

>> No.23255281

>>23253799
>>23254705

I have 12k in VNQ and got a tasty $90 dividend in September.

If I put 120k in VNQ I would $900 wowee.. if I put 1200k in VNQ I would get $9000 wowee :P

>> No.23255332

I can't buy 0.1467 of a house. Crypto I can.

>> No.23255473
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23255473

>>23254720
>not renting to work at home