/biz/ - Business & Finance

You didn't know any of this about the house before you bought it?

do the repairs yourself you dumbass
stop being such a silly goose
the whole point is that you can repair your own shit

>>56079129
>he doesn't diy to cut costs but more than 50%
lmao nu house owners are so unskilled. no wonders house flipping is so profitable

>>56079195
>>56079203
DUDE JUST BUY THOUSANDS OF DOLLARS WORTH OF POWER TOOLS LMAO

DUDE JUST BUY A LONG ASS LADDER AND CLIMB UP HIGH AND FALL TO YOUR DEATH BRO

Just don’t fix it

My grandparents bought a 100 year old house in 1985 and they’ve done nothing to it, it’s literally identical from when I was a kid

Maybe they just use to build shit better

>>56079129
nice LARP you seething basement dwelling renter. I own a home and its the best purchase I ever made. Stay mad faggot

>>56079129

pro tip. never pay for shit for labor. head to /diy/, watch some YouTube videos. Even if my big repairs have taken me 2-8 hours I still learned something and never have to pay for someone to do that shit again. drilling a hole in my tile and running new laundry ducting next week and I'll be damned if I'm paying someone for it. Maintain your HVAC/heating/AC in proper intervals and keep up on the small repairs and you won't be so broke.

>>56079298
>Maybe they just use to build shit better
That's a huge part of it. Houses were actually meant to be lived in and were built by actual Americans (I'm assuming you're American) and not cheap spic contractor labor for the lowest price.

Modern homes are particle board with paint on them. They basically deteriorate if you don't spend every other month giving them """maintenance""" aka fixing everything in the McShack that's slowly breaking 24/7

Buying homes is like a ponzi scheme nowadays. But don't be afraid to learn to do stuff yourself anon. Yeah materials aren't cheap but labor is also ridiculously expensive.

>>56079314
You don’t own shit nigger, you own a contract saying you can live in the bank’s home that they’ll give to you once you’re finished with paying off all of your goy debts.

>>56079460
Keep paying that monthly rent faggot. Keep convincing yourself that flushing the rent money down the drain and not building equity in real estate is a good financial decision. I like my house just fine. Went up $250,000 in value since I bought it pre-covid. FUCKING KEK!!!!

>he cant fit a dishwasher

>>56079129
i know it's a bait thread but all those things should be checked before buying the house and you should have asked for a discount pricing all those future costs

>>56079298
This. New homes are literal cardboard cucksheds that you have to pay 30 years of payments to the bank before you actually (((own))) it. Even then, you still have to pay property taxes to the government every year or else the sheriff comes and kicks you out of (((your))) house.
>Muh equity
You don’t actually see those gains unless you sell. If you never sell, then it means nothing. If anything, it means your property taxes go up, so those “le epik gainz” actually hurt you in the short run

>>56079492

Haha, i think ill just pack up and backpack from Istanbul to Bulgaria tomorrow.

>>56079552
my "cuckshed" has doubled in value since I bought it. My "cuckshed" can be sold so I can buy a bigger nicer piece of real estate. You on the other hand have no real estate and instead seethe about people who do own it.

>>56079129
rentoid larp. Rent is due wagie

>>56079492
You’re not getting richer, you’re stuck in your small cuck box and parking space parcel of land because everything else went up due to inflation. Try moving to a new home with 8% interest that will be fun to watch! Also have fun paying the inflated property tax and maintenance costs. The kikes have you anchored in for life and you’re giddy as a school girl. Just 27 more years of paying off your debt goy

>>56079129
>bought a house at the top of the market
?
it's buy LOW, not high, silly

>>56079587
You are just angry anon. I love my 2.8% interest rate on a 15 year loan. Only 6 years to pay off. You on the other hand, have nothing. Very sad to be in your shoes. You had the opportunity and missed it because you were being cheap.

>>56079579
>doubled in value
>can be sold
Thank you for proving my point. Unless you sell your house, it means nothing. People like you are the reason why the zestimate stacy men exists

>>56079129
>normie doesn't understand component level repair
>gets raked over the coals, low to mid 5 figures at each instance
sad!

>>56079492
your property taxes went up and all you got in return was an imaginary number increasing

>>56079606

>Loan
>just 15 years of your life.

Freedom means nothing to you apparently. I think ill check out some Greco-Roman ruins next week.

lol what a whiny baby, I moved into my first house 7 years ago and had to install a dishwasher, but guess what? I spent $50 getting a new one, I found a used one for sale on Craigslist and pulled out the old one and put in a new one while watching youtube videos on how to do it, if you can't figure out basic shit then you deserve to lose all your money. Same shit with furniture, who the fuck spends 10k on furniture? I furnished the extra two bedrooms in my house for under $200, I even made one into a home gym.

This sounds like a larping rentoid really, any real homeowner would know how to DIY shit. Outdoor decking isn't even that hard to replace.

>>56079492
>today i used my zestimate equity to... umm....

>>56079216
lmao look at this faggot, you probably pay someone to clean your gutters too

>>56079645
>today I paid my rent and got back....umm....

>>56079609
>>56079625
>>56079633
>>56079645
Im sensing a lot of resentment and anger. My home is worth more than your no home. Its almost paid off and you can go ahead and keep seething and try to tell me I made a bad choice. Enjoy your mothers basement, while I fuck 20 year olds in my 800k home.

>>56079675

You just dont get it.

>>56079689
I do get it. I own real estate. I have hundreds of thousands of equity in said real estate. I have a deed to the real estate with my name on it. I will never "Rent" in my life and give my money to a landlord while getting nothing in return.

>>56079658
irrelevant. i'm not arguing against home ownership. i'm arguing against wanting your zestimate to pump.

>>56079606
I have liquid assets that are probably worth more than your home that I can sell by the end of the day if I wanted to. People like you have the wrong idea of the American dream. In my opinion, not being anchored to a decaying box that one day you’ll finally be able to pay off is the American Dream. I am a go-anywhere-do-anything kind of guy. You on the other hand, are boomer tier done for. Your youth was wasted sitting in one spot building fake “equity”

>>56079675
>worth
what are you going to do with its worth? sell it, lose 6% selling fees and closing costs, and then lateral into a $750k plywood box?

>>56079707

You keep trying to explain yourself. You simply, dont get it. You are not free.

>>56079707
why cant you explain why the value of your home going up is good?

>>56079433
I'm never going to recover from my ancestors selling the bottom on eastern europe to fomo into the top of an American rustbelt city

>>56079195

Can't do your own hvac repairs feasibly unless it's a simple cap replacement.

A new water heater is like ~$700 on the low side, OP may have overpaid for labor but only slightly..

Deck work needs to be permitted, $12K is honestly cheap unless it's a tiny deck.

Can't do your own roof work on a 30 year old roof, that's close to full replacement time.

But yeah home ownership is a stupid meme unless you actually want the stability of having your own place long term. It's a lifestyle decision, not a short term investment. Many people are blinded by stupid asians/boomer shit like 'property will always go up' without any consideration for the costs.

>>56079716
If you don't own a home, the place where you eat sleep and shit and live, then you are the ultimate slave-cuck. Your liquid assets are fake numbers on a screen. Real estate is a necessity. Now go write your landlord his next check

>>56079620
Modern appliances are almost unrepairable these days. My dishwasher gave me an error code and it could literally be 5 different components each will cost $100+ to replace, plus my time and energy. Why would I risk spending hundreds and then oops I bought the wrong replacement component and I’m back to where I started

>>56079129
>I also needed to spend 10k+ on additional furniture to furnish the house because of the extra rooms which otherwise would just sit empty.

Why do you care if it's not fully furnished? Just leave them empty. There's no reason to waste money on furniture you'll never use. When you do sell your house in the future, you'll just have to hire a staging company.

>>56079747
No more fake than your zestimate. I really hope you are married with kids and planned on dying in the location that you bought your house anon. Looks like you’re going to have to. It must feel like torture. I’m going to Brazil for the next 4 weeks and fucking some nice thicc Brazili Ass with my expendable income that I’m not throwing at a mortgage. It’s comfy knowing I can just scoop a nice condo up in 4 years when the euphoria from people like you dies off and reality sets in

>>56079843
yeah this guy really is a whiny baby, who spends 10k on furniture? When I moved into my first house I didn't even have a bed, I wrapped a couple of couch cushions in sheets and slept on those for like 6 months.

>>56079843
When family or women come over they make fun of me for having empty rooms and no decorations

>>56079579
>can be sold so I can buy a bigger
Oh so you'll sell your 450k house that has a 2% mortgage and get 250k back after all the bullshit from a home sale. Wow, so much money.
Now go buy a 600k house with that and enjoy a 350k mortgage at fucking 7% rates. You'd be clinically fucking brain dead to do so and be leveraged harder in an uncertain market.

Housing going up does NOT benefit actual home owners. It only benefits speculators who are at this very moment shuffling out the exit while funding "housing is still hot!" marketing campaigns. Actual home owners just get to pay more property taxes, or pull a HELOC if they're retarded.

>>56079606
>You are just angry anon. I love my 2.8% interest rate on a 15 year loan.
>Mmm yes I love my 15 year loan
HAHAHAHA what a fucking FAGGOT.

>>56079460
T. Retarded rentcuck manchild who doesn't understand how liens work

Stay poor nigger

>>56079727
>why is it good that assets you own increase in value?

UHH DUHHHH UHHHHHH

More money better than less money? Why?!?

>>56079298
>Maybe they just use to build shit better
it's this.

>>56079707
>>56079735
You don’t own your home either faggot. The (((bank))) owns it. Once you give them enough shekels, they tell you that you own it, but you still have to pay property taxes to the government for as long as you own the property. You never truly (((own))) it. Someone will always be knocking at your door to collect money from you under threat of eviction.
>Muh equity
>Muh value
Here, this time I’ll write it in all caps so your bitch ass can read it again.
YOU DO NOT MAKE A PROFIT UNLESS YOU SELL. IF YOU NEVER SELL THEN YOUR VALUE MEANS NOTHING.

>>56079129
epic larp. was believable for about 3 seconds

>>56079129
What went wrong with the HVAC? Freon leak in the coil, compressor locked up? Give me the juicy details. How old was the system? I want to know if you got raped or not.

>t. A/C man

>>56080658
you don't need to make a profit if you are saving money idiot, if I pay off my house and my property taxes are only 100 a month then I am easily saving thousands of dollars a month compared to renting, it's like free cash flow isn't a thing your retarded brain can comprehend.

>>56079129
Bought a house in early 2020 during the covid dip. Made friends with the realtor, he told me the couple I was buying from was getting a divorce, helped me haggle the price way down.
Made friends with the neighbor and he installed air conditioning for cheap, either $2200 or $3000. Got my father in law to redo all the bathrooms, kitchen, laundry room with quality tile for free, he even paid for the tile. Got my brother to redo my gutters, install a fence, next he'll probably do my deck. Bought a new washing machine, washer, dryer for cheap and installed them myself cause shit's easy. Maybe I'll launder some crypto gains through gift cards next, treat myself to hardwood floors & stone countertops.

tl;dr - you're playing the game wrong. Make friends first.

>>56079216
you don't have to do everything, you choose what you're comfortable with. I don't do much roofing because of heights too
just buy 1-2k worth of power tools and you're gonna save tens of thousands while enjoying a hobby-work type of thing
or alternatively pay someone's else tools and time (that's what you already do lmao faggot)

>>56079636
Have you:
> Repaired your roof on your own?
> Gotten bats or squirrels out of your attic on your own?
> Trimmed your bushes well enough to ensure your neighbor or HOA stops whining about them?
> repaired or replaced your entire AC system on your own?
> did any major renovations (flooring, kitchen cabinets, bathroom tile & toilet, etc. etc.) on your own?

If you haven't answered yes to all of the above, then stfu boomer. Not everyone has free money to piss around for renovating and/or repairing your house on a whim.

>>56079129
Did you not have the house inspected?

>>56079129
>Also the dishwasher broke and getting a new one will cost $1200 including labor.
A basic dishwasher costs $350 and you can install it yourself in about an hour, and that includes watching a Youtube video on installation.

>>56081371
It's hilarious how inept most people are in terms of home repairs.

Fridge, stove, dishwasher, washer/dryer, water heater, literally plug and play.

>>56079129
I would only ever buy a house in a quiet village to raise my kids in, otherwise just get a decent place to rent and furnish it yourself since landlords always buy cheapeast and have 0 taste. Living in an ugly place is bad for your self esteem. How you gonna feel good when you wake up in a dump every day? Keep beauty around you.

All interaction with the system is an intolerable concession of your liberty.

>>56079492
Money is worth less each day. You are still a slave higher up the ladder

>>56080833
owning a house is something that most retards on this site can't comprehend and it's really a case of sour grapes.

Owning a NICE house isn't just property tax. It's maintenance. Maintenance that costs time and money and is a cost that only increases over the years with inflation.
Gasoline for lawnmowing. Roof repairs. Plumbing. Salt for the softener. New appliances every 7-9 years. Driveway repairs. Garage door repairs.

Personally I think there are few places on this planet worth owning a home outright in.

I'd rather throw 200k at a decent Prevost conversion or at least a Country Coach and spend the occasional week in a nice hotel while travelling.

I'm not fucked in the head enough to get into residential real estate. Commercial is much better.

>>56082922
If you have kids or planning to have kids soon it’s nice. If you’re going to live in a SFH you’re better to buy and sit there for 20 years than rent. If you’re young it’s better to rent a small cuckpod in the city. I regret not doing that and taking the house pill too soon

>>56082948
If you're a single man I feel like living in hotels, airports, boats, and RVs is the way to go. At least for me. My job lets me do it so I take advantage for sure.

It's really the only way to find the best place to settle down and raise a family.

>overpaid on HVAC
>overpaid on water heater
>fair deck quote but who cares if it's rotting, lots of decks out there are rotting and still last years
>overpaid on dishwasher
>10k on furniture (or more) makes sense except you mention you're alone, so you overpaid a lot
stop spending so much money retard, who the fuck are you getting your work done by, NASA?

>>56079216
>JUST BUY THOUSANDS OF DOLLARS WORTH OF POWER TOOLS
imagine not having a grandfather or father to pass these things down to you

I genuinely pity you

>>56079129
Literally buy a duplex, live in one side rent the other out and sell your current house

>>56079633
Fuck you sound like a massive faggot. Being free isn't the same as refusing responsibilities. That just makes you a worthless loser. They don't let you live at Greco Roman ruins btw so you'll have to pay rent next week

>>56079129
housing does appreciate
what they don't tell you is it rapidly depreciates if you don't spend money to maintain it
this is why a home is not an investment
i don't have to pay any maintenance fees on stocks or bonds

>>56083160
Portfolio fees are a thing.

How hard is it to build your own house? If I just bought a plot of land and built my own log house on it would this be feasible?

>>56083169
if you let someone else manage the investments
i've never paid a fee for anything in my brokerage account
my 401k has some fees in the range of like 0.04% for vanguard stuff

>>56079203
Nu house owners help me make a living as a trade chad. Charged a retard 3k to do exterior cleaning on their house, idiot could have looked up a YouTube vid and rent a pressure washer from Home Depot and done himself. Shit isn’t difficult, but any form of labour is like rocket science to people with zero practical skill knowledge

>>56079216
>doesn't have a ladder
>lacks tools
Are you a woman ? Do you think the servicing sector magically does everything for you ?

The female mindset is literally how the roman empire fell. *ah these clearly low IQ barbarians will do my work for me, so I can sip wine all the time, nothing could go wrong*
*doing actual work ? Unbelievable ! The audacity, I am but a high class person ! (you aren't)*

australians have been psyop'd into literally thinking property never goes down just because they saw a boomer sell his 1985 shack for $1million

normies have no clue that the country will be Worse off in 20+ years not better

when every literal metric shows that

>>56079129
You don't have any handyman skills? Just get your bud and you and him can knock out that deck in no time. Turn it into a patio with a canopy, have yourself a beer. Easy.

>>56079129
Your were probably dealing with the sellers realtor and inspector you fucking moron. I backed out of 2 houses before buying mine in 2017 for 260,000. It's worth well over 600k atm. OP is a tard.

>>56079526
This. Kek

>>56079216
>DUDE JUST BUY A LONG ASS LADDER AND CLIMB UP HIGH AND FALL TO YOUR DEATH BRO
fixing a deck?
post some photos you fucktard
$12,000 sounds like retard price, which is here fair enough

Kek bought my house during the 2008 fallout mess cheap. Got it even cheaper when I seen the mess the owners had the basement in. (renovation in progress gone wrong). Which I didn't give a damn about that part. The main level they'd paid out the ass having it redone and were trying to save money by doing the basement themselves. So anyway I got the house cheap. Fixed the basement myself which they'd saved me the trouble cause I wanted it wide open anyway so it was a simple mater of taking down the bare studded walls.etc they'd had up when they were gonna create rooms. Now the house has shot up in value all while I pay a puny $400 a month.

>>56079747
Who the fuck needs a dishwasher anyway?

>>56086800
not
>one person with autism
for fucking sure
one cup, one plate, one knife, one fork
wash up as you go along, simples
christ knows what this tard is using the dishwasher for.

>>56086642
replacing a rotting deck in any major city is at LEAST 10k.

>>56087036
>t. Mexican
I was trying to ascertain the dimensions, otherwise, we'll never know

>>56083295
Can confirm. I'm not even a true trades chad but I'm familiar with tools, building, and working with my hands in general. I was like a king among my normalfag coworkers at my old job for fixing up machines. These are people that can barely boost their car batteries or jack their cars. You truly can take advantage of globohomo making people useless cattle that can't do anything for themselves.

>>56079298
It was certainly built better than houses now days. However, you shouldn't be bragging about this--it likely means that house is going to have serious issues in the future. A house needs to be maintained, no matter how well it was built initially. Leaving it unmaintained for 40 years means there are problems growing beneath the surface. Good news is your grandparents won't necessarily be the ones who have to deal with it. Bad news is your inheritance is going to be a lot less valuable (and more expensive to fix) thanks to their negligence.

was quoted $36k for air conditioning lmao

>>56079129
>all this shit that you dont need
if you cant afford it dont buy it. simple as. you getting buttmad is literally not my problem

>live in /comfy/ apartment
>something goes wrong
>email landlord
>worker comes out and fixes it within a few days with no extra charge

but apparently I'm retarded for not building equity or whatever the fuck despite the fact the stock market outpaces the appreciation of a McMansion kek

>>56079404
finally someone who is actually smart

>>56079129
this is in fact the real reason NEET chuds are afraid of ownership
even if they actually got their bag from crypto, ownership would mean that they would have to do work for once in their worthless lives, but they don't even know how to hold a hammer

>>56079216
this but unironically

>>56079733
>Deck work needs to be permitted
deck repairs do not

>>56082877
REEEEEEE THINGS WERE NEVER GOOD. PEOPLE WERE NEVER HAPPY. THE FAMILY UNIT WAS NEVER FUNCTIONAL, WHITE PEOPLE NEVER EXISTED. WE ARE THE STEWARDS OF PROGRESS, WE HAVE MADE THINGS BETTER

/biz/ is such a comical larp

>just code bro, you will earn 200k WFH easy
>just DIY your house bro, I'm an expert electrician, plumber, roofie, and HVAC tech now
>just buy shitcoins bro, I 1000x my $10k in a month

>>56082922
>NICE house
I bought a $40k shitbox out in the middle of nowhere and just live in squalor but at least I don't have to pay anything to any bank is this the right way to do it.

>>56092586
>I'm an expert electrician, plumber, roofie, and HVAC tech
yes.
thems called 'homeowners'

>>56079552
i can't believe americans really pay a million dollars for a wood and OSB plate house. LMAO.

>>56093297
Based. I admire you.

>>56093668
No they aren't. Otherwise they wouldn't be tapping credit vehicles on their homes in order to get others to come do the work for them