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Real Estate Investment Opportunities [SPLIT]

72-Jay

72-Jay

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Nope I haven't. I want no part in any of that stuff that doesn't physically exist.

Real-estate was mentioned a couple times in this thread, and yeah that would be be something to invest in. .. .if you were rich!
Not a chance of affording anything like a house tith the crazy prices in this market.
 
Re: Cryptocurrencies

72-Jay said:
Nope I haven't. I want no part in any of that stuff that doesn't physically exist.

Real-estate was mentioned a couple times in this thread, and yeah that would be be something to invest in. .. .if you were rich!
Not a chance of affording anything like a house tith the crazy prices in this market.
Click to expand...

I wasn't born rich. I have never been rich. And I Invest in real estate. It is actually my only source of income right now. Trust me, you don't need to be rich to go into real estate.

Start small. Learn to scale. Etc. No one is saying you need to buy a place for your starter property.
 
Re: Crypt0curr3nci3s

Epvs6FeW4AEjCKN
 
Re: Crypt0curr3nci3s

johaninsc said:
Epvs6FeW4AEjCKN
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That's the exact opposite of how everybody actually works, particularly, so it seems, in the USA, where you are forced to pay for everyone else's way of life, in a far more expensive way than Danish taxes: with debt; in many instances even all six cases would be leeches, but all of them would consider they perform actual work for the welfare of other people, so they would be leeches with a halo.


105031526041510629001.jpg
 
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Re: Crypt0curr3nci3s

belamo said:
That's the exact opposite of how everybody actually works, particularly, so it seems, in the USA, where you are forced to pay for everyone else's way of life, in a far more expensive way than Danish taxes: with debt; in many instances even all six cases would be leeches, but all of them would consider they perform actual work for the welfare of other people, so they would be leeches with a halo.
Click to expand...

Nobody is being forced to do anything. The contract between landlord and tenants are 100% voluntary.

Furthermore, people like myself serve a very important function in society. Last year I bought a 5 unit apartment building. The water pipes had bursted in 3 of the 5 units. None of them was deemed occupiable. I spent my own money, resources, and labor to fix them all up, renovated the hell out of them, and rented them out. All got brand new kitchens and bathrooms. I don't know what your area is like, but here in the indy area there is a housing shortage. I listed a 2 bedroom apartment late last year and got about 15 applications in 3 days. That is insane.

People want to think that landlords buy premium properties at premium prices. But the reality is we buy properties that literally no one else would ever buy. Several of my properties were at some point a couple months away from being bulldozed. No home buyer would ever buy such a property.

If I'm going to spend my money, resources, time, and labor rebuilding these homes, why can't I try to make a profit off of them? You know how much resources and time it takes to rebuild the structure, put new roof, sidings, flooring, plumbing, electric, etc.? No one who is looking for a new home, especially first time home buyer, would ever want to buy these types of properties, no matter how cheap they are.

For example, a couple years ago, I bought a property for $7k. All boarded up and stuff. Spent about $60k on it. Now it is appraised at about $140k. I spent many days working 12-14 hours there long after my guys left when they hit their 8 hours.

So, no, I am not preventing anyone from owning a home. If anything, it's people like me who are spending our own resources to revitalize entire neighborhoods.
 
Re: Crypt0curr3nci3s

Dominus said:
The contract between landlord and tenants are 100% voluntary.
Click to expand...

Oh, I was referring to all the people who are not landlords, but have the nerve to royally despise landlords by calling them "leeches", for doing exactly the same that they do under a different name and with an apparently different business.
 
Re: Crypt0curr3nci3s

Dominus said:
For example, a couple years ago, I bought a property for $7k. All boarded up and stuff. Spent about $60k on it. Now it is appraised at about $140k. I spent many days working 12-14 hours there long after my guys left when they hit their 8 hours.

.
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Because they are not leeches, right? :lol: :rotflmao: ;)
 
Re: Crypt0curr3nci3s

belamo said:
... like nobody is ever forced to take up shitjobs and put up with shitbosses, right :rotflmao: :roll:
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Of course, we all have been forced to take up shitjobs before. After I graduated from college with an engineering degree and have my certifications, I couldn't find an engineering job at all. I had to take a technician job where I got yelled at by people a lot less qualified than me. Or go back a little further, I worked for a short time cleaning old industrial warehouses. Every day, I always came home covered in black dust from head to toe.

We shouldn't lose sight of the fact that at its core it is still voluntary to take the shitjob or shitboss or shitwhatever in order to take a step forward in our lives.

Recently, a young couple had a baby in one of my 1 bedroom apartments. They recently asked me if I have a 2 bedrooms apartment available. I'm about to upgrade them to a 2 bedrooms place next month. And in 3 months, a young couple will move out because they are planning to buy a house in 3 months.

Landlords get a bad rap, especially nowadays with all the communism going around. But the fact remains. We serve a very important function in society. We make our money the same way as any other business. People demand free rent. How come no one is demanding free food from grocery stores or restaurants?
 
^ YOUR FIRST POST???

Welcome to JUB, huijui! I hope you find your time here to be rewarding and educational. You see how long I've been here: this place has taught me a lot about interpersonal relationships, the world around me, and enhanced my empathy and love for others. I feel I've become a better person because I've been here.

I wish the same for your experiences here. (*8*)
 
frankfrank said:
Grrr...I thought I was feeling pretty blessed actually seeing somebody's first-post-ever. But, how was it possible to know it was spam?
Click to expand...

There's a spammer that has been hitting this thread over and over with new accounts because it mentions a particular topic that starts with a "C".

Usually, if the user has just joined and username is a woman's name or some random combination of letters, it's likely to be a spammer. They post something that looks on topic and then a few days later, they'll post a second post with a link to whatever it is they are advertising.
 
KaraBulut said:
There's a spammer that has been hitting this thread over and over with new accounts because it mentions a particular topic that starts with a "C".

Usually, if the user has just joined and username is a woman's name or some random combination of letters, it's likely to be a spammer. They post something that looks on topic and then a few days later, they'll post a second post with a link to whatever it is they are advertising.
Click to expand...

Gotta say that's dedication LOL.
 
I dunno.

We have real estate and it has been a fucking good amazing investment I guess.

But when all is said an done, we have no heirs that can afford to live on the farm we own.

My neighbour in the village has ruined the value of the heritage house we have as our offices y literally turning the front lawn of the house next to us into a used car lot.

And I am perpetually tired of being a landlord.

I am looking forward to a possible day when we can sell up the shit we don't want to spend our last years caring for.

Who cares if we have tons of money because of it? I don't.
 
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