/biz/ - Business & Finance

>>53440742
>3 digit square feet
do poorfags really?

>>53440750
overpaying for real estate, do niggerrich really

>>53440742
comfy

>>53440742
>built in 1895

>>53440775
yes that's a year

>>53440742
It must be really boring there considering you spam this shack every other day

>>53441142
it's probably sold already, I took this screenshot like a few weeks ago

it's based and redpilled here, we are chads, and we will import asian women to replace white women

Illinois has 2 pct annual prop tax

>>53441190
yea something like that

>>53440742
>$75,000 to be shot by a nigger
No thanks

>>53441246
literally like 0.5 percent blacks in the area

bump

Looks like a score especially depending on distance from Chicago. I'm hoping prices go down 3 to 5 years from now cause realistically I might be able to invest then. Right now I'm looking for interesting places to rent around the country to decide where I want to put my anchor down , only lived on west coast so far but I'm moving to south soon

>>53442578
it's an hour and a half

>>53440742
Putting an offer in for this soon

>>53442692
It's so smol and cute

>>53442692
Roof and windows look busted. Can’t really tell, but the neighborhood seems bad(N). I’m willing to guess appliances need to be replaced.
What was your offer?

>>53442692
>$575k
no thanks, i'll buy the same house for $250k in norristown and use a portion of the $325k i saved to buy an ar15, which will be used to kill niggers in rightful self defense.

>>53441171
But is it worth having sons that won't be able to reproduce?

>>53443398
>Roof and windows look busted
Yeah roof and basement getting redone
>>53443618
Lmao you'll need alot of bullet anon

>>53443346
Yeah across from a playground I'd like to bring my kids(don't have any yet, one day)

>>53440775
lol even

>>53443775
what's the appeal of conshohocken? i'd rather be poor in a rich town e.g. i'm rentcuckin in morrisville, if i had $600k to drop i would be poor in yardley.

>>53442692
that house shouldnt cost more than 300k, this is retarded

>>53443862
it's even more disappointing on street view. imagine putting $60k down and paying $3200/month mortgage for 30 years... and then coming home to this. lmao.

>>53443862
Seethe poor
>>53443813
I'd just say visit and see if you like it. Also house prices are gonna boom in Conshy. It'll eventually get too crowded that I'll leave in 20 years I bet. It's funny two of my old tech employers are moving into the new towers so now all their employees are looking at houses.

>>53443862
>>53443907
>Just live here for 40k bro
Nah I'm good poors

>>53443925
dude there are PLENTY of other nice suburban areas in the greater philadelphia region. look at the price history, you are clearly being raked over the coals by some flipper niggerfaggot.

>>53440742
>chimney right behind the front door
What did they mean by this?

>>53443945
Holy newfag, do you really think I put my address on 4chan?

>>53444002
are you the same deranged schizophrenic who makes a post about renting a home in conshy every few days?

>>53440775
That's quality. It still stands.

t.EU who regularly laughs at wood houses

>>53444033
>renting a home
Nah I don't rent

>>53442692
cocksuckin pa

pay 8x as much as spring valley, yet I bet there are more liberals and fags in cocksuckin

>>53443718
they'll just import asian waifus as well

also since white women are retarded they always do the opposite of what is rational, if he's a big 6'2" chad and got my viking genes then white women will hate him

if he's 5'3" and looks like a retarded gook then he'll land cheerleaders, don't ascribe rationality to white women

I'm building the future ubermench

>>53443862
based, and true

>>53443925
reality is there are 10 local restaurants to 1 chain

>>53440742
>>53442692
>>53443907
>>53443945
why are american houses so close together? might as well get an apartment if you're going to live like that and save on maintenance

Someone actually bought this for $400k....

>>53444175
they aren't, new england is modeled off eurofaggotry

Not ready to buy for at least another year but I'm saving for a multifamily.

Type of property I'm targeting:
>6-7 bedrooms, preferably 3-4 units (the more 1-beds, the better)
>Priced around 600-800k
>Perhaps not "turnkey" or "aesthetic", but with all structural/non-cosmetic updates already complete
>brick construction (important for my area, commands higher rents)

This is in Chicago btw. Neighborhoods I'm looking at:
>Lakeview/Lincoln Park
Likely out of my price range but where I currently live/own + very safe, good schools, etc.
>Edgewater
>Uptown
>East Rogers Park (around loyola)
Will gentrify quicker once the RPM project is complete (speeds up train commuting times from 45 mins-1hr to 15-30 mins), lots of student rental demand in that area (especially on the lower end, which DQs most of the new luxury construction there)
>Wicker Park
>West Town
>Ukrainian Village
>Logan Square
>Bucktown
Current gentrification trend has been "next stop up the blue line" for the better part of 20 years now, if I can find a deal in those neighborhoods I can bet on that sticking around long-term as more young people decide to stay in the city long/longer term
>Avondale
>Pilsen
>Bronzeville
>East Garfield
All in VERY early stages of gentrification but has either good existing housing stock or lots of open space for infill development + big capital projects that will significantly increase livability long term.

Kind of following this population growth map as the city becomes nicer outside of those aforementioned "blue-chip" neighborhoods. Obviously downtown is not in consideration because I don't have the capital/wherewithal to buy a skyscraper or buy and hold land there.

>>53444175
>save on maintenance
Until the HOA board raises your fees or calls in a "special assessment" for 10k. that's why I avoid large apartment buildings (<50 units) like the absolute plague.

>>53442692
A fellow SE PA fag. Pretty cool that this area is one of the most expensive in the state, let alone the country right.

>t. willow grove area

>>53444444

>>53444439
>Pretty cool that this area is one of the most expensive in the state
It's only expensive around Bucks and Montco. actually living in philly is now cheaper than living in suburban hellscape right outside lmfao.

>>53444385
Are you the anon who posted the house in Bucktown in the other thread? Seems like you know what you're talking about and I wish you the best of luck, I've only visited Chicago once but I liked the city and once the groid leave I could see myself living there.

>>53445330
Ye I am. I grew up in Florida and moved here a few years ago after college; it's so primed for growth. The city itself has lost a million people since its peak in the 50s and there is so much room to infill that population loss.

As noted in that map I posted earlier, the "civilized" parts of the city are growing at a rapid pace; places I wouldn't even think to go a few years ago are now the hip, cool places and the hip, cool places from a few years ago are now so unattainably expensive to buy in that they're as nice as the blue-chip neighborhoods that have always been wealthy.

Most of the population loss over the past several years comes from the South and West Sides - the area where most of the crime is coming from. The "good" parts of the city have only gained in recent years. Couple that with a shift toward urbanism/city living for young people + climate concerns across the rest of the country (might not be an issue for you, but it is for a lot of people), and Chicago stands to benefit greatly from a lot of these trends.

Additionally, look at companies like McDonalds and Allstate - they've moved from massive headquarters in the suburbs to smaller buildings downtown and I feel like that trend is only going to accelerate as we shift towards more remote work. Lots of f500 companies haver massive suburban campuses that are vitrually empty - it makes much more sense to set up a smaller, more luxurious, hybrid office space downtown so you can recruit from the entire metro area rather than just the suburban area you're located in. Another hugely optimistic growth trend for the city specifically.

Safety is the only thing we need to see growth skyrocket.

>>53442692
comfy 1940s brick house but get rid of those disgusting fake vinyl shutters and build some real ones asap

>>53440742
why are there 2 bedroom homes anywhere in the US

>>53443945
The thing I hate about flippers is.... they don't take a crack house and make it livable. They take a house that is livable but outdated. Paint the walls and put some new counters in the kitchen... Oh and some stupid checker landscaping is the new thing.

https://www.zillow.com/homedetails/2629-S-Country-Club-Way-Tempe-AZ-85282/7591065_zpid/

>>53446497
>740k in tempte
That is fucking insane.

And will also run out of water in 20-30 years time.

>Parent's buy house in south Florida for $90k in 2000
>Grow up in south Florida
>Start working
>Can't afford to buy a house unless I go to the ghetto
>Even my parent's house is now worth $1.3M
>"Don't worry son you'll find something"
>Need a 50% drop for anything to be worth it on a money for value basis

Reeeee

>>53446497
>$2200/year property taxes
what the FUCK

>>53446438

Retirees, single people and couples with no kids.

thoughts about getting a house in rural nipland?

>>53446754
I feel you anon I grew up in Tampa and can't afford a damn thing in any nice part of the city., hence why I was so eager to get out when I graduated from UF. My parents bought a home in Palma Ceia in the late 90s for 140k and that same house sold for 1.3 million a few years ago. I landed in chicago and probably wont be going back to florida full time until I retire

>>53446755
Sounds like a dream. My property taxes were almost 6k last year on a 285k condo

>>53446497
wow, nice busy road right outside, totally worth it.

>>53446797
Make sure it doesn't come with back taxes or you will be paying millions more.

>>53446797
No idea anon, but gotta say that looks comfy.

>>53446797
What >>53446870 said, plus I've heard there's much cheaper too. Probably some serious laws about foreigners owning property too.

>>53446896
>>53446892
they even give away some old houses for free to keep them from going down under and to try and repopulate declining areas.
it is allowed for foreigners to buy and own property in japan, pretty uncomplicated actually

>>53445554
Fellow Chicagoan, Edgewater here.
Chicago has a lot of problems but the downtown is booming. I’m kinda with you on making money in the neighborhoods. Flipped my condo in uptown for %50 profit in 3 years and bought my current apartment cash to not pay interest/save for a down payment on a new place.

Any thoughts on south shore? It’s got such good bones and housing stock. It seems like maybe it’s in the very very early stages of gentrification. I know some white peoples who love it down there. It seems decades out from being an upper middle class place again, but it’s intriguing.

>>53443788
But your "girlfriend" doesn't have ovaries

>>53444385
>buying real estate in Chicago ever

>>53446964
Yeah super intriguing. The redevelopment of the Michael Reese site into Bronzeville Lakefront is huge. Picrel. Very Live in le pod-esque which urbanists love.

Only problem w/ the south lakefront is your options for transit:
>green line
sketchy as fuck
>red line
need to connect from a bus and still sketchy as fuck
>metra eletric/south shore
runs on way to low of frequency and sketchy as fuck

Converting the metra electric or part of it into CTA-style heavy rail solves this and makes it much more livable.

Then obviously with the exceptions of kenwood/hyde park the further south you go, the sketchier it gets. Im whiter than printer paper so I'd stick out there like a sore thumb.

Nice job on the uptown condo play. I have a condo in Lakeview along the southport corridor I bought in 2020 when everything slumped and that's probably where I'll live long term. I bought for 225k at a 3.2% rate so I am not giving that place up any time soon, maybe ever. My goal is to
>get a multifamily property
>live in one of the units so it's owner occupied
>rent/hold that condo in lakeview until I have school-aged kids
>move back into lakeview condo so my kids have a good school to go to
>either live in the city long-term or move to the burbs and convert all city properties to rentals
>pass them down to my kids when they inevitably graduate college and want to live in wrigley like every 20 something
All the while growing my software dev agency to a point where I can sell and go into real estate long term.

>>53447022
t. suburban retard who has only been to downtown

vallas for mayor btw

>>53447077
How long do you think we have until Chicago gets ‘discovered’ by the coasties? It’s actually crazy how affordable this city is for the quality of urban life relative to other places.

>>53447191
Already happening but
>crime needs to drop city wide
>property taxes need to be capped in some capacity
>Megaprojects need to either break ground or go to completion (e.g. Lincoln Yards, Soldier field redevelopment, The 78, obama library, Bronzeville lakefront)
>more suburban corporate headquarters need to move to the loop or adjacent (re: mcdonalds from oak brook to west loop, allstate from northbrook to the loop, google buying the thompson center, etc)
>we need to have a super warm winter
Probably the most important one though -
>National media needs to stop using the city as a punching bag
Nobody is going to work or out for a drink in Englewood or Woodlawn for fucks sake - you and I know that, the national media and >>53447022
do not. Accumulate as much as you can before that happens.

>>53447337
Also we need some huge CTA improvement/expansion projects like a radial connecting line, converting the metra electric into heavy rail, even connecting the damn brown line to the blue line would be huge for expanding the "livable" area of the city for corporate commuters/workers. that's another huge one. plus making it safer to ride

>>53442692
>paying over a half milly for a house in some bumfuck part of PA
>it doesn't even have a garage just a little chode driveway that fits one car

Constanza.jpg

>>53447337
Woodlawn seems to be making progress. I don’t know who is buying these new build houses for $700K, U of C doctors maybe? But my guess is they’re going to act like the upper middle class homeowners they are and put serious pressure on their surroundings.

The national media crime narrative makes me roll my eyes a little. If you’re a white person minding your business you’re more or less fine. If you live in the ghetto all bets are off, our ghettos are wild. But they’re so far from the areas any professional type would live in it’s almost irrelevant. Maybe that’s kinda cold but it’s the truth.

It seems like big companies are waking up to the cheap costs/professional base here. Google buying the Thompson center is gonna be interesting to watch.

>>53447337
the violence is everywhere to a certain extent.
You can delude yourself to believe otherwise. But that's the truth.

Still a buy in some cases.
Cause most per war American cities are like that.

Rather live in Chicago than Philly

Your property taxes are all fucked up. It's one of the major reasons why nothing is worth shit.

Makes me grateful to live in California

but you could make money renting this day one

>>53446812
>740k
>street parking

>>53440775
What about it?

>>53447191
you fucking niggers are full retard

the real redpill is all you fucking morons discovering downstate and the ILLINOIS VALLEY

you dumb faggots, I'm gonna be scoopin all day and ur gonna come and rent

>>53440742
If you're a single man this is what you should be buying 3 bed 2 bath houses are for families.

>>53447507
east coast is fucking mentally ill, these new england fags are out of their fucking mind

>>53447886
And if I am not?

>>53447901
Then you need more money to buy something better

>>53446497
That isn't a big house for 740K.
And it's getting close to the 600k they paid for it.
and Arizona sucks. Just live in Nevada.

>>53447875
Isn’t downstate kinda bleeding out?
Maybe gentrifying Peoria is a move though, but I like it up here.

>>53447875
Interesting take. So where then - Peoria? Decatur? What kind of job growth are you seeing down there? I know Rivian or some other ev company set up shop in Bloomington too. Last I heard that's where most of IL's population loss is coming from, rather than the city. Give us your insight anon

>>53448004
look how close it is to the road

>>53448152
Decatur would be great, but they squandered their once fantastic college— made some poor choices running it.

They were once number one for philosophy and high ranking for other domains.

>>53448004
Wait... They increased the price!

>>53448205
>>53448004
>list property
>lower price
>lower price
>lower price
>suddenly raise price
Who the fuck are they fooling? No chance it suddenly got multiple offers, that's so strange

2 bedrooms. Useless unless you plan on being a single incel

>>53448330
>>53448205
it's called delusion.
I bet there into it for 740k

>>53448522
Not if they can't sell it for another year of paying interest on the loan, taxes, and utilities.

>>53442692
>PA
Shithole state lmao

>>53448360
Nah for a single guy all you need is 1 bedroom and maybe an office. My condo is 2 full bedrooms + an """"office nook"""" and it's plenty of space for my girlfriend and I

Can a real estate agent make good money? I’m a fresh civil engineering graduate and I don’t know if I want to work as one my whole life. I’m interested in houses and selling houses/land (or being a landlord and renting, things like that).
How does one get into real estate?

>>53448624
Only the top 5% of real estate agent make enough to call it a career. Most work part time or stop after trying for a year or two. Right now it is a bloodbath, since sales volume has tanked, since there is fewer people buying or selling.

>>53448550
could just be taxes.
some people don't need a loan.

>>53446497
>they don't take a crack house and make it livable. They take a house that is livable but outdated....
great observation.

>>53448624
The only way to make money is to secure listings. Then the buyer's agent does all the fucking work.
Do not become a buyer's agent.

>>53448881
Alright then, how do you make sure you are able to secure the most listings you can?

my gold digger wife (mistake) wants me to buy a house but I keep telling her we should wait a year or two because prices are crashing but shes a bitch and does not listen and keeps nagging me every day about it.

I live in Phoenix Arizona. What do I do?

East side Cleveland is getting very gentrified now that the west side is flooded with yuppies and faggots

>>53449716
>just buy a hundred year old house bro

Bros, I'm an NJfag but I can't find anywhere to live. Should I just leave my fucking state?

>>53449729
pre-depression homes are better built than what comes out today because workers actually gave a shit about craftsmanship and materials instead of milking the GI bill and relying on pretty drywalling.

>>53449886
JUST LIVE IN A 90% NIGGER NEIGHBORHOOD

>>53449886
>pre-depression homes are better built
The house lasted 100 years. So it has to be built better. Only the well built one lasted.