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Investing in Real Estate

  1. #1
    Ajax African Astronaut [rumor the placative aphakia]
    My portfolio is broadly invested and diversified, mainly in stock equity indexes. Though investing in the market inherently carries some real estate risk, I am not currently invested in any real estate, whether directly or through some form of REIT.

    Do any of you more affluent niggas invest in real estate? If so, do you like being a landlord? If not and you rent, what do you look for in a landlord?

    Of course I will do extensive research on more credible sources. Just wondering about your experiences.
  2. #2
    Ajax African Astronaut [rumor the placative aphakia]
    Originally posted by August Eigruber wrong website.

    espeshully with all those big-time excessive syllable words you got goin' on there.

    anything other than fag porn, racial strife, excess drug consumption, and kindergarten crafts is far and above the mental capacity of everyone on this site.

    and…yes, real estate is the only financial capital that not only is worth investing in but the only one that is an actual real *cough* asset.

    Money Money Money…
    Finances, money, investing, saving, getting a job, anything to do with the green stuff that makes the world go around.

    Oh.
  3. #3
    cigreting African Astronaut
    I am a landlord of a few residential properties. Pm me if you have questions
  4. #4
    AngryOnion Big Wig [the nightly self-effacing broadsheet]
    Fuck half the people here cant even keep a cat fed,let alone clean a cat box.
  5. #5
    Erekshun Naturally Camouflaged
    Get you about 10 real estate properties rented out and then file for bankruptcy, whether you need to or not. Then collect the rent while not paying your mortgage because you don't have to. It takes about a year for the foreclosure all the while you are collecting rent. Then after it is all said and done, do it all over again.
  6. #6
    Ajax African Astronaut [rumor the placative aphakia]
    Yikes, I forgot only 69% of households paid their rent in April. Probably worse for May.
  7. #7
    D4NG0 African Astronaut
    I own a house but have been looking into getting a rental as well. As long as you buy carefully, real estate is sound investment. Sit on a property long enough and you're practically garaunteed to see a return.

    My main concern is finding good, reliable tenants. All the other misc. things and repairs that come with owning a rental property aren't too daunting as I can do them myself. But getting people who will pay rent on time and not trash the place? How the hell do you manage that? Especially with all the laws there are about unfairly discriminating against interested parties.
  8. #8
    if your in the US, real estate is doomed.
  9. #9
    D4NG0 African Astronaut
    Originally posted by vindicktive vinny if your in the US, real estate is doomed.

    If we enter into a depression I'd wager that's a good time to buy up cheap land if you have stable, assured income.
  10. #10
    Originally posted by D4NG0 If we enter into a depression I'd wager that's a good time to buy up cheap land if you have stable, assured income.

    where do you think the governmemt thats just borrowed itself 5 trillion are going to get the money to pay itself back.

    you and your property taxes since they arent going to get it from their 1%er friends real estates.
  11. #11
    Ajax African Astronaut [rumor the placative aphakia]
    Originally posted by vindicktive vinny where do you think the governmemt thats just borrowed itself 5 trillion are going to get the money to pay itself back.

    you and your property taxes since they arent going to get it from their 1%er friends real estates.

    The federal government doesn't collect any property taxes. Instead, states, counties, cities, and other local governments control property tax. Revenues from property tax often make up a big part of local budgets and help to fund things like schools, police and fire departments, and road maintenance.

    https://www.policygenius.com/taxes/how-property-taxes-work/
    The following users say it would be alright if the author of this post didn't die in a fire!
  12. #12
    Originally posted by Ajax The federal government doesn't collect any property taxes. Instead, states, counties, cities, and other local governments control property tax. Revenues from property tax often make up a big part of local budgets and help to fund things like schools, police and fire departments, and road maintenance.

    https://www.policygenius.com/taxes/how-property-taxes-work/

    thats before they lend themselves 5 trillion.

    things are about to chance.

    drastically and without a clutch.
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