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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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23919362 No.23919362 [Reply] [Original]

Relocated from /pol/ -- Welcome - all those who own and lease their own properties for a return on investment. There is nothing higher than owning your own property and providing housing at marketable rates to poorfags.

Not welcome - faggot renters and commies bitching about being poor

>> No.23919407

>>23919362
Investing in reits is better than buying actual property

prove me wrong

>> No.23919411
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23919411

Your kind don't belong here Moshe

>> No.23919431

>>23919362
hey my dad is a carpenter and a landlord of some duplexes he built, just wanna say my dad is making so much fucking money it is unreasonable. i cant wait to help him out in his later years of life and have myself written directly in the first line of his will.

>> No.23919458

>>23919411
this is a kike board bro

I mean, fuck Israel, but I want money

>> No.23919462

>>23919362
house prices are ridiculous, even the shitty ones that are dirt cheap to flip have gone up. when will it end?

>> No.23919855

>>23919462
never. Sorry, wagie.

>> No.23919982 [DELETED] 

Fuck kikelords
I have my house, fuck you house . You're never getting my shekels

>> No.23920021

>>23919982
i don't need yours. I just need someone else's shekels. :)

>> No.23920034

>>23919411
Renting out property is the ultimate redpill. You make money off NPC wagies while you sit on your fat, hairy ass watching your bank account engorge like a fat ladyboy penis. Ascend to the next level: Enslave the masses and profit.

>> No.23920053 [DELETED] 

>>23919855
dumb nigger im looking to flip houses and rent them out. shits gotten so expensive potential profits aren't worth it

>> No.23920069

Get we get a tard wrangler in here please.

>> No.23920536

>>23920069
for what

>> No.23920539

>>23919362
Right before I’m about to move out of a rental, I make sure to dump loads of bacon grease down the sink. Fuck landies and fuck jannies.

>> No.23920552

>>23919362
>relocated from /pol/
Fuck off back to /pol/

>> No.23920638

>>23919407
Most REITs trade at a premium to net asset value which means you are indirectly overpaying for the properties, and raise equity when properties are expensive which makes dollar-weighted returns subpar.

>> No.23920685

>>23920638
Yeah but liquidity

>> No.23920691

In nj you never truly own your home

>> No.23920787

>>23919362
>relocated from /pol/
Fucking christ... go BACK INCELS.

>> No.23920875

>>23919411
We call ourselves /biz/raelis for a reason, moron. This isn't /pol/. We want the tribe here to teach us their schekal making ways.

>> No.23921008

>>23920787
sneed

>> No.23921062
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23921062

>tfw I unironically bought my first investment property, solely because of how much landlords make r*dditors seethe

I’m mostly going to use it as equity to increase my line of credit, the rent generated isn’t a significant part of my income

>> No.23921685

>>23921062
very based lad.

>> No.23921788
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23921788

landlords are scum but wagies deserve to have their money stolen, so i guess it's a wash.

it's funny how they think they benefit society though. their whole economy is based on the fact that land is a depreciating asset because of property taxes. imagine a world where you didn't have to pay property tax on the home you live in. imagine.

>> No.23921806

>>23919411
“Oy vey the goyim can’t be landlords since their not part of the tribe” the post

>> No.23921819

>>23921788
because they have enough money for the house and charge people a premium so they can afford it in their monthly budget?

>> No.23922710

>>23919362
Haha at this obvious landlord propaganda

>> No.23922740

>>23921788
>landlords are scum but wagies deserve to have their money stolen, so i guess it's a wash.
Most succinct assessment of this age old situation I have ever read

>> No.23923390

>>23919458
highly underrated

>> No.23923765
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23923765

I don't imagine being a landlord, per-say, but I think it would be pretty neat if when I finally buy my own home if I rented out a home to an elderly person. Somebody quiet, who won't steal from me, and who I can rest assured will have money for rent each month when their social security checks come in.

Has anybody tried this before? Are there any nuances to this that I don't realize? Did you ask mommy government for permission and jump through all the legal hoops or did the roommate just pay you under the table? Any programs that you can take advantage of for more money? Like, for that last part, before my grandma died, she was living with us and they got me on this government program where the city actually paid me to take care of my grandma. It was pretty awesome. Imagine if you had a roommate that you care for and get paid for it on top of their monthly rent.

>> No.23923784

>>23923765
rented out a room to an elderly person*

>> No.23923821

>>23923765
it's better to keep all your permits, taxes, etc. in good working order, you have to assume you're gonna be audited at some point (at least if you're running anything of significant scale)

>> No.23923897

>>23921788
>imagine Europe

>> No.23924020

>>23919362
I bought a caravan for 5000 and im renting it on airbnb for $50 per night. the covid tardation made it such that most of my competition has been wiped out.

when i raise the price, i have more reservations. but i have some kind of neurosis about raising it.

i am a failure at landlording.