Why aren't you a homeowner, Yas Forums?

Me and the girlfriend almost have enough for our first house.
I have about 8k and she has 5k
I could sell some of my cars and easily have enough, but I don’t think I need to go down that road. I am patient.

>russians
Ok chang. Pretty sure its just chapo fans though

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Sounds like you live in a stupid place.

I want to become a landlord, but I would never own a mortgage on a property, I'd rather save up and by something run down to hell and fix it up than have a jew hold me by the balls.

Why do you have multiple cars?

That was it for me but luckily we broke up and I spent the next 8 years back with my parents and single. Still ended up with 18 yr old virgin so whatever.

Did you not see his flag?

tenants should unionize against landlords

No, it's to make you think you can go on a "tenant strike" too

How about you fucking move.

How many fucking times are you going to post this? Fucking kill yourself.

then fucking MOVE

you live in a dystopian shithole. Leave. it isnt like that everywhere.

im going to close on house #2 in 4 hours from now. turned my equity from house #1 (which i bought with no money down) into the down payment for house #2.

used a variable rate mortgage to avoid PMI. payment went from 550 to 700 after 5 years but in the same time my salary more than doubled. theyre only a trap if youre a window licker who buys things they cant afford.

swear to god the reason some of you people suffer is that youre literally fucking retarded. the system isnt broken. YOU ARE

fake and ghey

>The Russians have been flooding Yas Forums
>t.

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I just like cars lol. I’ve had car payments since I was 16. So 10 years now.
I pay $220 a month for my mustang and it’s about to be paid off in a few more payments. Then I’ll probably go and get a Jeep lol. It’s so easy to make car payments, and once it’s paid off you can keep it, or sell it and get something new.

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much more likely to be local antifa faggots " " raiding " " us

also, it is a response to the absolute best investment advice ever given on Yas Forums, and that is to invest in real estate.

even during a recession there are even more poor people who lost their house looking to rent. Just make sure your rentals are crappier than their houses.

Weed mostly, my mum and dad were away enough that having sex wasn't a problem but they'd always smell weed even if I didn't smoke in the house, my dad has a nose like a bloodhound.

that's all wrong except the retarded cost

It's 5% down which they have loan programs for
post-tax salary roughly 3 times higher than mortgage
government will literally buy 10% of the house for you if it's new construction

as for the cost, move to a rural or at least suburban area

Lol you're in a lot of debt and when it catches you it's gonna be funny

I moved out a month early but my landlady was really nice to me so I paid my last month's rent anyway :)

holy FUCK how can you be this financially incompetent? you are completely fucked down the line dude

Imagine being a fucking rentcuck lmao

chad-merica vs the virgin cucknadian

good job moving up in the world, and take solace in the fact that much of congress has their wealth stored in real estate as well. Nothing is going to happen to it.

lmao, can’t wait for your house values to tank in 4 months.

Never buy on equity you dumb shit, especially if you’re using it is a down payment.

Declare bankruptcy, then do it again. The bank makes money by loaning people money they will help you get rich again with glee.

Why don't landlords simply tap into their savings? They do have a 6 month emergency fund right?

Yeah real estate values will never tank. Hasn’t happened before. Real estate always goes up.

>Yeah real estate values will never tank. Hasn’t happened before.

Yep, even then it was still a decent business and an opportunity to buy even more.

Being patient never let me down

wait until after a hurricane hits the Gulf Coast states and you can find mid 70s construction houses (important because before that they will most likely be pier and beam) with about 1200sq for about 20-30k. They will have flood damage. But heres the easy part
>you move in (cot)
>since you are now the owner occupant you can remodel most everything with permits and no need to hire contractors
>even plumbing electrical etc will only need a sign off (100$) from a licensed pro to satisfy the inspector
>sheet rock comes off
>give the studs a nice soak in bleach and water (50/50)
>will all the sheet rock off the wiring is easy to replace
>fiberglass goes in easy
>sheet rock goes back on
>laminate floors etc get replaced with tile
>literally 50c per sq ft
>flood proof
>cabinets are prefabed from HD or Lowes
>just glue and nail them in place
>go with subway tile (5 cents per) for backsplash
>stain cabinets and check ReStore for knobs (50 cents per pull)
>Get granite for countertops (dont cheap out as this will kill the resale value)
>bathrooms are just tile and prefab all in one vanities
>do go with crown in all living areas
>do go with nice cieling fans (75$)
>find a couple of mexican in front of HD and do make the yard eye appealing
>reseal driveway
>powerwash brick facade and reseal

Total you should spend about 40k. and you should be able to get 100$ per sq ft in the resale.

Make sure the house is not in a flood zone (it can be in a 100yr flood zone).

Ive done 3 this way, they take about 3 months but walk out with about 50-70k in profit per. I just reinvest the profits to avoid cap gains.
First house was a bitch, the second was easier and the last one I had all the tools (air compressor, tile saw miter saw etc) to fly thru jobs.

If you are a soiboi betacuck nintendo switch vaping fag you need not try.

It's actually having the opposite effect on me lol fuck (((land lords)))

shit, bankruptcy only lasts on your credit history for like 6 years anyway, banks are very forgiving and they should be your best friend if you want to make money.

jews

>Just move bro
Not all of us are rootless cosmopolitans

If you already know the answer is jews, why ask?

God bless China

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>Banks are my best friend
Your Rabbi is going to be jealous

thats why you have a couple of local thugs paid off so you can use them incase retarded tenants start creating shit. never failed me once

They are Trump's best friend too. Smart people love the banks because they will loan the shekels you need to make a lot more money.

If you are too stupid to build a good business with it, well maybe you should stay poor.

If you think renting is hard, try home buying.

CIA, why are you deflecting the blame towards Russia and off of Israel? Shame! Sad! Very obvious! Try harder next time, ok boomer?

I trusted all the adults in my life that recommended "Just stay the course at your current job, eventually you'll get a raise" "You should finish out that degree, I didn't and I'm doing fine but you should". All that got me was a good amount of savings with nowhere near enough weekly income to afford more than a 110k mortgage, so I quit that place will graduate this summer. Plan to work two/three jobs till the end of the year, saving as much as possible to purchase a duplex to get started down the landlord path.

>Blumpf does it
Lol that's certainly not convincing me you aren't a jew

I am a homeowner, I payed cash too so i own it not the bank6

Found the little dick.

So does every other wealthy person. If you aren't willing to use the system to build the wealth and power we need to move the American government in the direction that we want, why are you even here on Yas Forums ?

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>variable rate mortgage
sounds like a fun game of "let's lose the house"

based, if the corona collapse doesn't make for loads of deals then the boomer retirement armageddon will.

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If you had 32 units you should’ve had a lawyer on retainer. But you’re asking reddit for advice. Fake and gay

>you have a couple of local thugs paid off
This is an illegal eviction as long as eviction courts are frozen and tenants are able to either call the police or, even in some states, shoot them because castle doctrine applies here.

so 32 units... it is highly unlikely that they ALL cannot pay rent, yeah some of them have probably lost jobs or work, accommodations should be made, but the entire complex doing this at once? There's one or two troublemakers in there, let it go for now and don't renew those leases.

>let it go for now and don't renew those leases.
This

I am.
And I told them they will pay their due after the crises is averted. Already signed and stamped.
>b-but how will you have a source of I-income
I'm not so fucking retarded to depend on monthly rent alone - I work from home.

>yes hello welcome to the car dealership, we have 2 cars here for you, they cost the exact same but one goes faster. Whip out your dick so we can find out which one is best for you

the point of organizing collectively is so he can't just evict the 10 guys that can't pay and still have income from the rest
you cut off the pipe completely so the jew dies of thirst, you don't make him parched so he gets mad

I rent out a room of my house and the tenant works for the hotel industry. I don't even need the money. If they lose their job i'm just not going to ask for rent. When this whole thing ends though, I'm going to ask for the full amount in back pay and sue the shit out of them if they don't pay up.

>pic related.

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>local thugs
Are called COPS. You have to know who’s political campaign to “donate” to use them. If you had 32 units you should already know who’s skids needed be greased to obtain 1000 permits you need.

lmao you believe OP's pic is real?