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/biz/ - Business & Finance

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27766014 No.27766014 [Reply] [Original]

Bought my house in 2018 for 1.6 million, put 300k down, two years later it’s already worth 1.9 million, my equity is now 600k.

It’s easier to make money on houses than crypto or stocks

>> No.27766138

dude you're bragging about a 5% yearly return? Stocks guarantee 10%

>> No.27766173

>>27766014
>this ugly piece of shit
>1million united states dollars
>probably not even on a full acre
enjoy your OSB, PEX, drywall, tyvek, etc etc

>> No.27766314

and it just says you bought it for 1.66 million so you're even lying to inflate a 5% return. You literally bought the top, a mcmansion with no land

>> No.27766318

>>27766014
yeah you are right, but you are stupid as fuck if you have only one income stream. real estate builds equity yeah but you will have trouble doing it as quickly as you could with crypto. what the fuck is your point?

>> No.27766321

>>27766014
we're in another housing bubble arent we?

>> No.27766330

>>27766138

Show me where to get 3% long term interest rate on crypto. I am getting 50% leverage ROE

>> No.27766433

>>27766321
>another housing bubble
>another
We've been in the same bubble since the 60's, anon

>> No.27766436

>>27766014
i put 100k into LINK in 2018, guess how much its worth now?

>> No.27766459

>>27766330
you're in debt to a jewish bank for over a million dollars. You aren't making shit sonny boy

>> No.27766521
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27766521

>>27766014
I'll come over to your house to ensure you aren't larping.

>> No.27766569

>>27766014
Kek
new fags don't recognize this house

>> No.27766583
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27766583

>>27766521

>> No.27766585

>>27766521
LMAO, make sure you rape his wife too

>> No.27766635

>>27766014
I still don't understand the idea of how a house you're living in is considered an investment.
Equity can only be borrowed against right? And that has to be paid back?
Let's say you sell the house, you still have to live somewhere else. Are you going to move to a place shittier than the house you sold in order to get a ROI?
Where's the upside?

>> No.27766648
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27766648

>>27766521
>open air living room and kitchen
this house is PLEB tier

>> No.27766657

>>27766521
would be a shame if all delivery guys in his city would meet up there haha

>> No.27766686

>>27766014
>posting your full address on 4chan