I bought two student apartments 270sq ft for 25.000USD each, no additional fees or taxes since it was a foreclose by court.
Renovated and fully furnished it with IKEA cardboard garbage that looks stylish and I am renting them out for 450USD/months. Including all work and other expenses they will be paid off after 5years.
How does one become a LandLord?
Brody Richardson
Joshua Bennett
Buy a house for $75,000 rent two rooms for $500 each, boom three years you own the house. Repeat as many times as you want.
Millennials wont do thus because houses should be free under communism or something
Camden Carter
$500*12 (months)*3(years)= $18.000*2= $36.000 ≠ $75.000
And you havent paid taxes yet, no insurance , no renovations etc.
Austin Garcia
men can suck other men's dicks
Jordan Scott
Location?
Kevin Wright
Germanistan
Carson Clark
this guy landlords
Lucas Rogers
Oh I forgot millennials are too lazy to have a job
Levi Morgan
>Save 25% deposit
>when Real Estate prices are galloping faster than you can save up money
Yeah, nah. There is a reason this market is so bloated, you can't go against the billionaires who just outbid your every quality purchase (UK here, one does not simply become a Landlord).
Hunter Russell
For 25k you don't get anything decent in Germanistan. Except maybe Chemnitz or a small town or a shithole. Name the city!