/biz/ - Business & Finance

[Anonymous No.12424878]

>He is almost 30
>doesn’t have a McMansion wife and kids
>doesn’t have a 6 figure job and a manager/director title

Is there anything more cringe than unsuccessful man children?

[Anonymous No.12424892]

>>12424878
delete this

[Anonymous No.12424934]

>>12424878
that top house is fucking ugly as fuck, jesus christ.
The others are not bad.

[Anonymous No.12424939]

>>12424934

Some shitty custom build probably they are everywhere in nova

[Anonymous No.12424940]

>>12424878
I only have two out of the list.

[Anonymous No.12425007]

>>12424878
>wanting to live in nova
I left that overpriced shithole years ago. A six figure salary in the south can get you an honest to god plantation for fucks sake.

https://www.trulia.com/p/sc/cope/399-fieldcrest-st-cope-sc-29038--2027330534

[Anonymous No.12425018]

>>12425007
South? Yuck, good luck living amongst plebs

[Anonymous No.12425037]

>>12425007
>https://www.trulia.com/p/sc/cope/399-fieldcrest-st-cope-sc-29038--2027330534
>Est mortgage ~12,000 a month

[Anonymous No.12425048]

>8000 sq ft

anybody actually want a house this big?
property tax, heating, etc would be insane. 3 times too much space for a family of 4. Sure if you have 8 kids then yea but seems insane otherwise


just get a really nice 800k ranch with walk out basement, vaulted ceilings and maxed out finishings

[Anonymous No.12425062]

for 360k, better than those massive gas guzzlers

https://www.realtor.com/realestateandhomes-detail/2024-Liverpool-Dr_Plano_TX_75025_M72533-57911?view=qv

[Anonymous No.12425073]

>>12424878
That’s my worst nightmare...kids, mc mansion payments. Fuck that, I’m 34 with my own business that actually supports my house hold...no kids and I rent my own apt...and my live in gf is just fine with all of it.

[Anonymous No.12425181]

>>12424878
>>12424939
>perusing luxary real estate websites dreaming about being rich when I’m in my early 30’s
God I remember being 16 like it was yesterday

[Anonymous No.12425190]

>>12425073
>34
>no kids
>not married
You have failed at the game of life you fucking honorary-boomer. A beautiful trad wife and procreation is more important that business and money you oxygen thief

[Anonymous No.12425208]

>>12424878
I have a 6 figure job and it wouldn't be able to afford those houses. I'd have to triple my salary at least

[Anonymous No.12425209]

>>12424878
How the fuck can anyone who isn't already born rich afford any of these houses...

[Anonymous No.12425271]

>>12425208
how new are you?
you don't buy a 900k house by getting a 300k salary. you grow a business to 5 M valuation, sell it and live on dividends.

alternatively if you want to stay a wage slave you can build a small portfolio of rent houses and 10 years later sell them all to get 500k equity

[Anonymous No.12425284]

>>12425271
The OP specified six figure salary. Also most people dont sell a business for 5m before they're 30 (or at all) they just get a mortgage

[Anonymous No.12425305]

>>12425209

Either a high power executive making 300k a year or two high income couples making 150k each (pretty common in the area)

[Anonymous No.12425333]

>>12425305
so their in debt

[Anonymous No.12425368]

>>12425333

Leverage could be good or bad. I just bought a house for 1.5 million, not worried at all cause amazon is moving next door and a big development is being built nearby

Only poor people think debt is bad. My investment returns are 10%+ a year for example my car was 2% interest rate for 6 years, why would I pay cash? There is opportunity cost of capital

[Anonymous No.12425407]

>>12425368

To add to this, I bought some rental property for 100k in 2010 that was getting 1.2k s month in rent. Yes without leverage it was 12% rental yield, not bad, but with a 4% mortgage I was paying 400-500 in mortgage taxes and insurance all in, I could get 25% net rental yield with a mortgage. I could also buy 5 with debt and sit on piles and piles of cash flow. So I opted with the latter. Now they have all doubled in value, my equity has gone up like 5 fold and rent keeps going up. My 100k equity is now worth about 500k and I generate like 3500/month in free cash

[Anonymous No.12425410]

>>12425368
ha prepare to get rekt with every other debt-fag

[Anonymous No.12425456]

>>12425410

I make 200k a year, have 300k in liquid assets including 100k in cash as rainy day fund plus multiple rental property spinning off cash flow and a trust fund i’ll be fine. Banks love lending to me because I have no risk of default and my interest rates are super low.

If you are rich debt is the way to go because the interest you pay is so low. If you are poor you should avoid debt because interest rates are high. I bought two cars on credit, one at 1.5% on interest and one at 2%, I could get 10% on rental property and 6-8% on good dividend stocks, it makes no sense not to borrow money, it just makes you richer if you are already rich

[Anonymous No.12425467]

>>12425368
>amazon
You that excited to have felons and drug addicts around your neighborhood 24/7?

[Anonymous No.12425473]

>>12425467

Ha, they are on the other side of the river. And Virginia is still purple ish

[Anonymous No.12425495]

>>12425467
>>12425467

I also grew up in Palo Alto, a place so boring and safe because of extreme
Wealth made from tech that the police blotter is a regular joking point so I don’t know where this tech = slum analogy comes from. My parents have a house in cupertino next to Apple and it is extremely safe, Asian, and boring

[Anonymous No.12425533]

>>12425407
As an ausfag, can’t employ the same strategy with 100K even if the whole Sydney market crashes and burns. Can we execute this strategy with quality US/international REITs ?

[Anonymous No.12425551]

>>12424878
Yeah I dont give a shit about any of that anymore.
Had a failed engagement that wouldve ended in divorce had we gone through with it.
I caught a glimpse of "settling down" and boomer life at 23.
No thanks.
I'm getting licensed as an RN and doing travel nursing instead.

I unironically think that the 20th century concept of the nuclear family is going to go away like the life jobs, pensions, and gold watches boomers also enjoyed.

[Anonymous No.12425607]

>>12425533
You can't employ it at all, net residential yields are fucking zero. You might think yields improve with the falling purchase prices but that is not what I am seeing yet, at some point though rents should steady up and some kind of yield should emerge, I guess. Negative gearing and interest only faggotry possibly key memes. For now it doesn't matter anyway, rent does nothing about an equity crisis. At bottom 100k has to be enough, or it was not the bottom

[Anonymous No.12425611]

stop with the shitty boomer shilling, OP

[Anonymous No.12425652]

>>12425007
>A six figure salary in the south
>in the south

using that logic, why stop in in the US? Just keep going farther south and it just keeps getting cheaper and shittier. Go to Venezuela and your six figure salary will get you even more

[Anonymous No.12425677]

Have all and earned ~900k last year

[Anonymous No.12425715]

>>12425607
A positively geared property can be worth it. I have a house where i rent out individual rooms on a short-term basis. Very lucrative, no 'but this is muh HOME' slapfights with entitled long-term renters, most of the people i rent to are genuinely down on their luck and glad to have a decent place to stay until they sort themselves out.
Downside is it requires a lot of input from me to make sure the ratbags behave themselves. I do inspections basically every week and often have to kick people out. Probably 3 or 4 hours a week, way more time investment than the boomer faggots who want a rental property that magically generates more money with no effort

[Anonymous No.12425717]

>>12425677
heavy larp

[Anonymous No.12425780]

>>12425717
Not though

[Anonymous No.12425781]

>>12424878
>2000+19
>Buying a house
Swallow the condopill, cuck

[Anonymous No.12425885]

>>12425715
Sounds like a good method to squeeze a bit more value anon. Will be interesting to see how this room renting travels against falling rents.

[Anonymous No.12425896]

I have a six figure job and couldn't care less about the other garbage you listed.
Have it your way, OP, I'm keeping my money.

[Anonymous No.12425979]

>>12424878
>27 but don't look it
>cocaine all day
>errday
>minimalist (poorfag) yet somehow messy studio apartment
>some ho with some dumb name is passed out half naked on the stolen futon
>it's 3am and I'm browsing 4chan on an iPhone 5 I bought day 1
>feel like I've been hungover the past 5 years
I'm probably not gonna make it to 30 desu
At least I'm already too numb to even bother trying opiates.

[Anonymous No.12426006]

>implying 24 is almost 30

Fuck off

[Anonymous No.12426019]

6 figures for nearly 10 years didn't stop me from blackpilling. sold off everything and swore off thots to live a simple life alone with my hobbies. Life is just a slow crawl to the grave and happiness is momentary. Just do what you have to squeeze a few of those moments out in ways you won't regret later and don't refrain from doing things you will regret not doing. Those are the things you ponder on your deathbed and that's when it all really counts.

[Anonymous No.12426033]

>>12426019
Deathbed regrets from a simple life with hobbies “I didn’t collect those stamps I wanted”...
Go start a family and be a real man

[Anonymous No.12426067]

Because marriage TOTALLY isnt a source of regrets...

Actually get married and try saying that later

[Anonymous No.12426093]

>>12426067
Am married and am saying it now and will say it again later

[Anonymous No.12426169]

>>12425979
3 AM here too. In bed now ready for sleep.

Please lay off the coke, Anon or at least try to reduce your intake - if you can't, then abstain.

Had a customer friend who died from too much coke and booze in her early 30s.

Coke abuse caused her heart to enlarge as it tried to keep up with the demands come put on it. That lead to some weird valve failure where blood would pool up in her heart and had hard time exiting her heart.

Learned about her heart condition, then called me and talked about wanting to start an organization that warned about the dangers of coke. Two weeks later her bf calls to tell me she died.

I have a co-worker who uses coke a couple times a week. Early 20s and looks terrible/feels terrible the day after. Talks occasionally about quitting, but has yet to. Glad he cut down on his beer intake at least.

[Anonymous No.12426234]

>>12425190
just lol @ you. your children will be molded by society and become foot soldiers of degeneracy.

[Anonymous No.12426240]

Coke is not even that good. I prefer some nice preworkout, but the gym, but the sauna, some a spliff with actual thot then bang high on postworkout hightest high+were high.

Yea it's easier to sniff some shit true...

[Anonymous No.12426246]

>>12426240
Then not but lol*

[Anonymous No.12426703]

>>12425456
>he buys his cars on finance

[Anonymous No.12427033]

>>12426234
While your genetic lineage will disappear into time, forgotten.

You may have fun now,
but at what cost.

[Anonymous No.12427049]

>>12424878
You haven’t made it until you live on River Road you fucking swine *spits*

[Anonymous No.12427202]

>>12426703
If your ROI is greater than the interest on your loan you'd be a fucking retard to pay in cash.

[Anonymous No.12427214]

>>12427202
Found the Kike

[Anonymous No.12427219]

>>12427033
You fucking moron, that is honestly the stupidest reason to have kids. Eventually everyone's lineage disappears, it hardly matters if its one generation, one hundred or a million.

Have kids because you think having a family will make you fulfilled, because you want to be a good parent not muh lineage.

[Anonymous No.12427221]

>>12427214
found the retard

[Anonymous No.12427689]

>>12424939
Ayyyylmao I was just looking at these yesterday

[Anonymous No.12427709]

>>12427689
Also why are there so many NoVAers on here
Arlington reporting in

[Anonymous No.12427741]

>>12424878

I'm 31 and live in a one bedroom apartment that I have not paid off yet. I have no partner or kids. And I'm a code monkey with no manager/director in my title.

I have a collection of video game consoles, figurines and plush toys. I am the man child. Fear me.

[Anonymous No.12427801]

>>12424878
holy fuck, imagine how disgusting of a normie goyim wagecuck slave you would have to be to want a $2.5 million McMansion in McLean VA or want a job title in the first place. top kek Tyrone and I enjoy running your wives when you're at your prestigious wagecage paying into our neetbux

[Anonymous No.12427854]

>>12425305
>two high income couples
So one one is raising the kids. Just as they planned.