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/biz/ - Business & Finance

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54114325 No.54114325 [Reply] [Original] [archived.moe]

My dad is buying me a house. I'm going to rent it out and collect rent.

>> No.54114468

yay again

>> No.54114555


>> No.54114567

Congrats, I am happy for your success.
If only all people had parents that didn't waste away their children's futures for absolutely nothing.

>> No.54114595

It's incredible how many people on /biz/ get a free house from their dad. Hopefully I'm next.

>> No.54114612

Rent it out to your father to maximize profits. He obviously likes it if he bought it for you.

>> No.54114643

my dad only charges me $2,000 a month to rent out one of his properties :)

>> No.54114676

>Sorry dad but I'm going to have to raise the rent again, the price of sewer and gas plus trash is just too high it's $100 more than last year; so your rents up by $1000

>> No.54114713

This is how you make it, just make sure you're not a rentoid yourself

>> No.54114746

Hope you're joking or at least the place is a mansion
Unless you're saying you're paying the mortgage on the house you'll inherit, which is fine.

>> No.54114817

It's 1200sqft but rent in this area is about $3k, so I'm getting a break.

>> No.54114914

Lol you're stupid for many reasons
I'm guessing you're white because only white parents have had their culture and identity killed enough to charge their child 2k in rent.
>1200sqft for 2-3k
>Subsidizing parents lifestyle
>Subsidizing parents mortgage that you're not guaranteed to receive if they die
>Not paying off your own house payment at 2k a month mortgage
Renting is not a break.
Like I said this is a different story if it's completely paid off and only going to be left to you or you're paying the mortgage on a home they told you that you'll inherit.
Otherwise I have bridges to sell.

>> No.54114923

Well done. I one 3 houses but I have 4 kids.
Hoping to leave at least one to each so they never have to rent, or if they rent, they lease out their own property to cover the cost.

>> No.54114951


>> No.54114961

>Glownigger HQ: "Okay gentlemen, in order to practice posting on /biz/ today's training will involve you to post variations of an anon talking about his dad buying him a house. This will be in preparation for our full efforts when SVB closes in a few weeks.

Dumb glownigger, you're not supposed to post the training material anymore. The theater is live today.

>> No.54114974

>Some newfaggots responding to an obvious bot troll post

>> No.54114979
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kek have fun OP

>> No.54114990

I was snowboarding in Zermatt earlier this year with my kids, and the place we were staying was owned by this 20 something girl.
I was curious so I asked her how she ended up owning a ski apartment in one of the worlds best resorts, and she told me that her grandfather left it to her.
Honestly I was touched. He’s isolated her from a ton of hardship and built generational wealth.

>> No.54115002

you've made this thread about 10 times now. either your dad is full of shit or is taking realllllly long to close for some reason

>> No.54115035

I wish. I’m looking to buy but prices are rebounding again.
Dunno if it’s true everywhere but definitely in NYC, Miami and DC areas.

>> No.54115095

Interest rates are too high anyway
Check a amortization mortgage calculator
20% down on a 30 year fixed and you're looking at paying 3x the loan
2x the loan on a 15 year.

Genuinely hope you're rich and can drop a huge down payment because every parent should be like you and aim to build their children.

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