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/biz/ - Business & Finance


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24937568 No.24937568 [Reply] [Original]

> Retard younger brother buys a house near Seattle for 19k (House is worth 500k+)Down payment in 2015.
> Rents out all the room to Tech chads that covers his mortgage + cashflows $500
> 1 year later he and his GF buy one more house 5 bedrooms and again he rents it out and moves in cash flows 500-600 dollars
> does it x6 more times
> he is making 16k in rental income per month owning these houses while being an over leverged cuck

Meanwhile, I the smarter cuck has over 250k in student loans, no job, working as Barista and renting my brothers room for $1200 a month tdoay.

All of his houses are worth over million dollar each.
Should I just kill myself?

>> No.24937595

>>24937568
so you had a front row to all of this and you didn't ask to join in on the fun by like house 3??

does your brother hate you? do you not communicate with him? wtf is this shit.

>> No.24937622

No, you should ask him how to do it and stop calling him retarded since you're obviously the idiot in your family.

>> No.24937632

>The smarter cuck
Anon, I have some bad news for you..

>> No.24937649

>>24937568
>smarter cuck

Falling for the higher iq = more money meme.

>> No.24937656

>>24937595
I was very busy with EE+CS at UDUB and had a part time job, and originally, he asked me if I wanted to invest. I wanted classic WA pussy, so I decided to buy a chad car. The fucking car that I still haven't paid off yet.

>> No.24937677

>>24937568
>Should I just kill myself?
Shill yourself into the business, manage the property maintenance and accounting for him free of charge in exchange for a deposit for 1 more house and build up your own landjew portfolio.

>> No.24937701

>>24937568
work smart not hard. id say he is a retard if he blew his money on bullshit but he sounds pretty smart (relatively speaking) to me. also to get 250k in loans you have to have very little understanding of how loans work. did you not read the loan at all? did you pick a meme degree? did you pick an out of state meme school because it looked cool?

>> No.24937719

>>24937568
>near Seattle

Just give the addresses of his houses to antifa/blm. They can declare his houses an autonomous zone and fuck his shit up till it’s worth only land value.

>> No.24937720

>>24937568
Who inherits the houses if something happens?

>> No.24937728

>>24937568
you fucking paid 60k a year for college?
you're the retard.

>> No.24937744

>>24937632
kek

>> No.24937759

>>24937632
this, you arent smart you're just told youre smart like a good little goy

>> No.24937762

>>24937656
How the fuck did you manage to graduate from CS at UW with no job, they literally hand them out like candy

t. Class of 2017

>> No.24937766

>>24937568

Lol you followed societies script for being a slave. Wake up man you’re the idiot.

>> No.24937786

>>24937656
>he asked me if I wanted to invest. I wanted classic WA pussy, so I decided to buy a chad car.

I'm gonna be honest anon, you're an idiot sandwich, cars are not a good investment and splurging on a car to get pussy is dumb as hell.
Contact your brother and try to get into the scheme somehow, maybe as a handyman or managing guy

>> No.24937788

>>24937568
>I, the smarter cuck

More like arrogant midwit who grossly overestimates his own intelligence.. yes you should kys OP.

>> No.24937791

>>24937656
learn to option trade, swing trade some fucken trade and prove to your brother that you are an asset to his business. He will not hire you because you are his brother or else he would've done it already.

KYS? adding disappointment to already disappointing decision? No. You stay the fuck here and dig yourself out of it. Fuck the negative on this thread and switch between this and WSB. pick up on the right trades and start small. JFC you are smart figure it out.

You are already on like 2nd base complaining about getting a chance to swing.

>> No.24937819

>>24937568
How tf do u get a mortgage for 500k when u have no income.

>> No.24937825

>>24937568
Your brother makes you pay rent?
>>24937595
Something seems off. I don't think they get along very well.

>> No.24937834

>>24937656
also stop getting into more fucken debt. especially car debt. try your fucken best to get that shit off your credit as soon as possible.

>> No.24937865

>>24937825
>>Something seems off. I don't think they get along very well.

of course they don't but just well enough to rent him a spot so there is hope for this retard.

>> No.24937878

>>24937568
>250k student loans working as a barista

you sound like a dumbass desu

>> No.24938020

>>24937656
>buys a depreciating asset instead of passive income
you're ngmi, and you don't deserve to

>> No.24938043

>>24937568
Anon there's a big difference between the effects of the INT and WIS stats. You need to learn some humility and realize that being smart means jack shit, it's all about making the right decisions. College was a bad decision. Not investing in your brother was a bad decision. Your brother by definition is NOT overleveraged since he's built up tons of equity and is pulling mad cash flow from his houses.

Start making good decisions and STOP slandering your brother, you traitorous fuck.

>> No.24938049

>>24937568
Just go in the navy stop being a beta

Huur duur muh israel inb4

>> No.24938093

>>24937568
You are chad who rents, your brother is a beta and the bank owns his ass and he has to deal with problems fixing his homes all the times and all his profits are gone in maintenance and time gone changing light bulbs for his chad tenants.

>> No.24938139

>>24937568
You're not the smarter one

>> No.24938188

My cousin is legit retarded. He can barely read and write and talks in a slow ponderous manner constantly getting words wrong, misunderstanding things, raising both eyebrows in surprise thinking that your exaggerated jokes are basically true facts etc, basically giving off all the signs of being a complete moron. He is however huge, muscular and good natured. People like him and he is helpful to others. He isn't afraid to throw down if he feels something isn't fair or right and people usually cover for him because he is liked. He works as a brick layer and makes good money. About 10 years ago he travelled to Thailand with some friends. While there he started helping out a local family with a building project. He stayed out there and helped to fund and build a series of beach front properties. He married a local girl and her family look after the properties. He came back and opened a MMA gym and started to look out for local guys who were stupid and potentially getting into trouble. He worked with many of them helping them flipping houses and establishing them in legitimate projects. Again, people like him and look out for him. Now he spends his whole time in the far east posting pictures of exotic islands, motorbikes and scenic beaches. His wife is always laughing in a bikini. To me he is legitimate proof that you don't need to be smart to make it because he used to get confused trying to add up anything that didn't fit on his hands.

>> No.24938212

>>24937825
He told me that he gave me an option in 2015 to invest with him and I made an awful discussion o buying a car and therefore refuses to give me 0 rent.

>> No.24938227

>>24937568
Bet your brother isn't even giving you the brother discount, what a kike. I think you're larping though due to the bit about all the student loan debt while working as a barista.

>> No.24938243

>>24938212
based brother

>> No.24938260

>>24938093
I am not sure anon, he aggressively refinanced late last year and bought the dip on Crypto and stocks in 2020 with his cash. I'm pretty sure he made over millions on $TDD, ETH, and BTC

>> No.24938286

>>24937568
>Meanwhile, I the smarter cuck
you're the dumber one, retard
you should be begging your smarter brother for a chance to join

>> No.24938299
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24938299

How the fuck is a person allowed to purchase a $500,000 house with only a $20,000 down payment. That’s only 4%! Don’t fucking bullshit me anon!

>> No.24938306

How much of a pain in the ass is it to manage 30 tenants?

>> No.24938311
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24938311

>>24937568
>smarter cuck
BHAHAHAHAHA HE FELL FOR THE STUDYING AT UNI = SMART MEME

>> No.24938330

>>24938188
This is a strangely wholesome story.

>> No.24938352

>>24938212
>those typos
Yeah anon you're definitely the retarded one between you and your brother.

>> No.24938368

>>24938212
Based brother, don't act like a black person and spend money on bling-bling

>> No.24938382

>>24938299
The state of WA has program for first time homebuyer, where you are allowed to put down a maximum of 3.5%. 500k * 0.035 = 17.5k. Moreover, he got help from the state & federal goverment since this was his first house.

>> No.24938385

>>24938299
pay out the whazoo for mortgage insurance

>> No.24938450

>>24938212

When choosing between two options, you must make a discussion

>> No.24938457
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24938457

>>24938212
Bruh youre not smart. You are the dumbass. Literal goy consoomer

>> No.24938528

Your brother deserves his earnings and you deserve your lacking.

>> No.24938552

>>24937568
Why not be proud of your brother's accomplishments? lol @ getting cucked with rent though, he should give you room for free.

>> No.24938586

>>24937568
So let me get this straight

You went to school, which is fine, didn't try to get any internships or talk to any recruiters, or anything, and didn't have a job lined up in a fairly desirable field. Instead of investing your savings, you bought a car to pick up bitches. So you have no income and at most a heavily deprecating asset.

Meanwhile, your brother used his money to buy property and reposition himself on the top of a flawed industry, to use it to his advantage. Now your brother has equity to get a loan anywhere with ease, and is making a good 6 figures passively.

And you think you're the smart one? Your brother should be the one posting here

>> No.24938719

>>24938188
underrated post

>> No.24938771
File: 123 KB, 1044x1080, IMG_0030[1].JPG_.jpg [View same] [iqdb] [saucenao] [google]
24938771

>>24938188
based

>> No.24938961

Kek I love anons way of describing everything

Wouldn't it be funny if you were a virgin too and your cuck brother had a wife and kids? Lmao what a moron, he could become a wizard

>> No.24938998

I hope this is an elaborate bait by OP

>> No.24939075
File: 79 KB, 800x1200, 1415862884891.png [View same] [iqdb] [saucenao] [google]
24939075

>>24937568
>Follow what society tells you to do point by point
>You're the smarter cuck

>> No.24939102

>>24937568
>>24937656
>>24938212
>>24938260
This is some super high quality bait

>> No.24939245

>>24937568
This nigger better be kiddin'

>> No.24939264

>>24937568
Your brother should have got you in one a deal.

>> No.24939346

>>24938188
Based Forrest Gump

>> No.24939624

I can't believe how many of you faggot niggers are missing OPs sarcasm while "talking shit" about his brother. Autists, the lot of you.

>> No.24939755

>>24937649
op is low iq, baiting fag so it checks out

>> No.24939808

>>24937656
>I wanted pussy so I financed a car
I hate you. I hate that a university deemed you fit to attend. If we ever meet I'll kill you onsite you waste of oxygen

>> No.24939820

>barista
>Paying 1200 for rent

Yeah right

>> No.24939925

>>24937568
Going to pretend this isn't bait and that anons never lie on /biz/.
>Retard younger brother
>I the smarter cuck
You're the retard cuck and he's the chad smarter brother.
Your parents wouldn't have conceived again if they succeeded on the first one.

>> No.24939996

>>24939808
You couldn't even kill your self pussy boi

>> No.24940182

>>24938188
he sounds like a good dude, and might be a programmed masonic killer sent there to choke chinks out on the other hand.

masons moved from town to town because they were brick layers too.

nobody suspects a dumb brick dude to do ninja work.

perfect crime. yup im a bit of a conspiracy dude