[a / b / c / d / e / f / g / gif / h / hr / k / m / o / p / r / s / t / u / v / vg / vm / vmg / vr / vrpg / vst / w / wg] [i / ic] [r9k / s4s / vip] [cm / hm / lgbt / y] [3 / aco / adv / an / bant / biz / cgl / ck / co / diy / fa / fit / gd / hc / his / int / jp / lit / mlp / mu / n / news / out / po / pol / pw / qst / sci / soc / sp / tg / toy / trv / tv / vp / vt / wsg / wsr / x / xs] [Settings] [Search] [Mobile] [Home]
Board
Settings Mobile Home
/biz/ - Business & Finance


Thread archived.
You cannot reply anymore.


[Advertise on 4chan]


>just rent, bro
>>
>>60882763
>he’s right
>>
It’s interesting how as a landlord property investor you’re actually better off fudding home ownership and telling people to rent

Fudding your own investment in this case gives you rental income (your actual goal) and you also keep people from not even bothering to show up to auctions or think about buying


A bitcoiner can’t do this, they always have to bull post, because there’s no other way to make money


When you think about it like this, it goes to show how amazing being a property investor is
>>
>>60882849
Chainlink fixes this
>>
>>60882830
He is. If you do anywhere halfway decent in the markets you can take whatever you'd have spent on down payment and pay your rent indefinitely.
>>
Subscription is also a rent.
>>
>>60882763
He’s right. Imagine paying 1 million dollars for a Mexican built cuckshed that you still have to pay rent “property taxes” on.
>>
>>60882883
>paying your own property taxes vs paying someone else’s
renters are eternal cucks
>>
>>60882902
>your own taxes
>the government literally comes and steals your land if you stop paying

No
>>
>>60882902
>>60882883
He's wrong. Rent is 60% of income for bottom percentile. The only way to survive is to sleep in your car so demand drops off a cliff and rent drops as a response.
>>
>>60882961
What we need to do is to deport every one of millions of illegal jeets and spics that are driving up rent prices and then ban private equity from buying homes
>>
>>60882763
He's right, you live anywhere you want. If you don't like it? Just rent another house
>>
>>60882978
They're almost doing it right now with the H1B bans for jeet truckers desu. Also there's a website dedicated to exposing hidden H1B jobs companies try to hide to reserve for H1B jeets.
Apparently a company has to offer a job to an american first before being allowed to hire an H1B jeet but instead they hide the jobs in newspapers that no one reads as a loophole.
>>
I started watching this guy a few months ago, did the algo shill him to everyone else too? that fucking slut algo, I thought I was special.
>>
>>60882763
I've been renting for ~5 years and the neighborhood is falling to shit. I'd be screwd if I had a 30yr mortgage. Rent and dca into crypto until you make it. Nothing not onchain is worth investing in. Truly the new paradigm
>>
>>60883063
Oakland? Nashville? Who could have predicted this??
>>
Job market where I lived went to shit so I moved to a new city. If I had bought a house there I would be stuck mortgagecucking and also house prices went down (related to the job market) so would likely be in negative equity.

It just makes zero sense when I can rent and come out way ahead by DCAing into BTC and also have more freedom and less risk.
>>
>>60882849
if they told people to buy it'd help them too as it'd increase demand

LANDCHADS STAY WINNING!
>>
>>60883063
This, ever since the scamdemic EVERY state has gotten worse to live in. Tying yourself to one place is a waste of money.
>>
>>60882849
Not really, bitcoiners can't shut up because they can never tell when it tops out (it already did) so they need to hear "200k this year bro hold tight!" to not fumble their bags... again.
>>
>>60882849
It depends on where you live. Being a landlord in Canada is a humiliation ritual. The most liberal states in the US are bad too. Most red states will let the landlord fuck the tenant hard and you can make a ton of money like it's the wild wild west.
>>
File: 1672479864351.png (903 KB, 1019x756)
903 KB
903 KB PNG
>>60882763
I like how convenient it is, but I don't want to be my landlord's bitch for the rest of my life
If I keep using note.fun it's because in the future I want to have at least one nice apartment for my children
>>
>>60883015
Yeah. I mean he has a nice voice and the format of his videos works because he’s always walking somewhere kind of interesting. But it’s like Jersey shore Dave Ramsey, he just says common sense shit nothing that interesting
>>
Why should I rent when I could buy property in some 3rd world shithole for less than a 300k then either choose to make it some rental property, an airbnb exclusive for foreigners or just have a warehouse built? Ohhhh just buy a house and have all the liabilities while you dont earn shit from it.
>>
>>60884351
Bought up a bunch of rentals down South. Easiest play of my life. People down here are lower IQ and way too trusting, so I bump rents every quarter and they still thank me for “fixing up the place.”

I don’t even have to show my face, it’s a shit hole down there so my property manager handles everything while I collect.

One time I asked a tenant where the nearest museum was. He said “we got a Bass Pro Shop with a fish tank, you mean that?”

Renting is for suckers you’re either the bull or you’re the cuck. .
>>
>>60884365
>People down here are lower IQ and way too trusting
>I don’t even have to show my face
I'm guessing it's got a big nose on it.
>>
>>60884373
Everything is also super cheap there because of all the mexicans.
>>
>>60884664
I get playing other scheming people, but you're a faggot if you're bragging about playing people who are too trusting. Kill yourself.
>>
File: IMG_0255.jpg (151 KB, 665x680)
151 KB
151 KB JPG
DUDE i just LOVE the hustle and bustle of the big city, it’s so DYNAMIC and makes me feel like i’m in one of my favourite TV SHOWS. you should totally come on down to my studio apartment, it’s got EXPOSED RED BRICK walls and everything, we can crack open a nice hoppy ipa or three and get crazy watching some cartoons on adult swim! and dude, dude, DUDE, we have GOTTA go down to the barcade- listen here, right, it’s a BAR where us ADULTS who do ADULTING can go DRINK. BUT!!!! it’s also an ARCADE like when we were kids, so we can play awesome VIDEO GAMES, without dumb kids bothering us. speaking of which megan and i have finally decided to tie the knot- literally -we’re both getting snipped tomorrow at the hospital, that way we can save money to spent more on ourselves and our FURBABIES. i’m fuckin JACKED man, i’m gonna SLAM this craft beer and pop open another one!!!
>Versus
My brother in Christ, my family and I are enamored with the peace and serenity of Godly country living. The experience is truly natural and makes us feel like we’re living the lives God created us to live. We cordially invite you to visit our humble country estate. We’ve put a lot of work into restoring the grounds and the house itself to its original glory, praise be to God. As the sun sets we can enjoy refreshments on the porch and pray the Liturgy of the Hours together. And brother, my dear brother in Christ, we must introduce you and your children to our newborn calves in the barn. They are so sweet and will warm the hearts of your sons and daughters. Speaking of children, Britney and I are excited to announce that we’re expecting our seventh child! May God continue to bless both of our families!
>>
>>60882763
These guys always miss some important points:
>houses (generally) appreciate in value over time
>rent goes up each year but so would the money you invested elsewhere
>cost of maintenance when owning
>investment returns change all the time, you can't calculate opportunity cost using only the perfect scenario
>>
File: rice.jpg (11 KB, 168x300)
11 KB
11 KB JPG
>>60885484
one good example is Dave Ramsey and his mutual funds that supposedly deliver 12% returns without fail, he loses credibility
>>
>>60882763
Renting is underrated and if you buy a house you’ll be paying mortgage interest, property tax, maintenance, insurance that can easily be more than the cost of renting a place. Renting is way less stress and gives you more flexibility. If it weren’t for appreciation then renting would easily win in most markets
>>
File: 1756709552086088.jpg (29 KB, 480x360)
29 KB
29 KB JPG
>>60882763
No joke I'm cool with renting right now while rates are high. The S&P has been going up like 20% each year and I can just chill and have almost 500k grow exponentially while my rent is like $600
>>
ITT glowies, bankers, boomers, the literal worst parts of the fiat system trying to get you to convert your perfect future money to an easily seized, massively overpriced and depreciating wooden box.
>>
>>60882849
No it just demonstrates the difference between things that have intrinsic value (like shelter) and ponzi schemes (like the stock market or Bitcoin)
>>
>>60885664
>If it weren’t for appreciation then renting would easily win in most markets
It does win in most big cities. If you rent, you get a higher quality of living, and save more money. You don't get to keep the house after 30 years, but you wouldn't want to keep a doghouse that you could afford anyway. The only winning move in any city is renting, saving money to buy a house in a small town, then retiring there. Everyone who can operate a calculator will arrive to the same conclusions. It's pretty insane.
>>
>>60882849
>It’s interesting how as a landlord property investor you’re actually better off fudding home ownership and telling people to rent

yeah except what we've seen in texas the last couple years where house prices made property management so lucrative that all the investors rushed to build tons of apartments only to be left bagholding
>>
>>60882849
Depends where you live/buy.

If you bought in the last five years chances are your home is worth less than what you bought it for.
>>
File: GliePLpbwAE9CWS.jpg (191 KB, 1173x1536)
191 KB
191 KB JPG
>>60882763
I plan on becoming a rentoid in the coming months but it's because I don't have enough for a down payment on a house and I'm already 28 and I don't won't to still be living with my parents when I'm 30.

>>60885690
Where the fuck do you live that your rent is $600? Everywhere half decent around me on zillow rent is 1k, and I only live in a city of 60k. I could pull it but that would be a quarter of my entire monthly income. I'd much rather spend 12-15% on monthly rent.
>>
File: vX4l7s.png (1.62 MB, 1920x1080)
1.62 MB
1.62 MB PNG
>>60885843
>>60885484
>>60885341
Those drain cloggers think they are fucking wizards on the calculator but they are just beta nerds
>assuming returns, 30 year mortgage, stable rent
>ignoring inherent value of a shelter
>ignoring the value that comes with owning your domicile and being free of an afshartment complex
Your investments will crash, rent will skyrocket, you will get annoying AF neighbors and pest infestations
>homechadders
>mortgage locked-in free of the incoming globohomo
>pay it off in 5-10 years, laugh at the interest payment argument
>free to modify and care for their home appropriately
>separate building away from imported "persons"
>land to utilize, grow natural non-kosher produce
>>
>>60882763
I'm a rentoid wage slave. The only way I can afford a house is renting my whole life and save cash so I can buy a small 2 br house after retirement for 100K in some MAGA shit hole where there are no jobs and a hospital is 50 miles away.
>>
>>60886302
>Where the fuck do you live that your rent is $600?
I split the rent with my gf, she's a accountant
>>
>>60885900
Nowadays I agree. Places like SF, NYC, DC have a house costing many millions of dollars while renting is “only” a couple grand a month. Price to rent ratios are insane
>>
>>60886464
>get laid off
>bank takes house
>next wagie buys your house and enjoys all the renovations your wife made you do
>>
>>60882935
Yes, "your own taxes". What, do you think your landlord is paying them out of pocket out of the kindness of his heart? No. You're paying them. You're paying /his/ taxes for him.
>>
I never owned a property. just stacked coins, stocks, and big tech salary -> $1.63M
>>
>>60882763
>Don't buy a house bro, just go to the casino!
Do people unironically fall for this shit?
>>
File: 1752790994231416.jpg (48 KB, 500x404)
48 KB
48 KB JPG
>this makes the American shit and piss itself in fear
Yeah I would rent too if houses were made of organic matter that rots and gets eaten by ants LMAO
>>
File: pexels-photo-9980487.jpg (82 KB, 500x755)
82 KB
82 KB JPG
>>60891549

>here's your superior european concrete "house" bro
>>
If I owned my own place (I do), I would also tell gullible watchers to waste their money away. Someone has to pull up that ladder behind them.
>>
File: osb_750 (1).jpg (123 KB, 750x563)
123 KB
123 KB JPG
>>60891549
This.
I literally moved back to Europe from Cuckcanada because I was faced with buying some piece of shit "home" made of cardboard and cardboard derivatives for $900,000.

Unless you can find a home built from real materials before the 1950s, buying those OSB and plywood cucksheds has to be the most humiliating of all of the Jewish rituals the goyim are expected to endure.

FUCK, that man.
>>
>>60896400
https://www.youtube.com/shorts/jTeoD2LDjYg
>>
>>60885341
>home sweet home!
>surely I will find a nice wife here and start a family
>a job? well I'll be able to work remotely of course!
>I lost my job? guess I'm moving back to the city!
>oh nobody wants to buy my house?
>guess im working at the dollar general!
>>
>>60884365
>Bought up a bunch of rentals down South

What state?
>>
File: cyberpepe.jpg (172 KB, 1024x1024)
172 KB
172 KB JPG
>>60882763
this is the ultimate iq test apparently. if you genuinely think that home ownership is the financially optimal decision vs renting, then i really don't know what to tell you.
>>
>>60896591

It depends on the math.
>>
>>60882763
>rent for 10 years
>get nothing out of it

>pay a mortgage for 10 years
>get hundreds of thousands in equity, a backyard, a garage, room for creative hobbies (you DO have hobbies besides scroolling right anon?)

>dude just rent and put the money you save into an index fund!!
nobody in the history of the human race has ever done this. and besides, you're only saving at most $1000 a month paying rent over a mortgage. that's not really enough to make it worth it always being cucked by a landlord.
>>
>>60896591
>if you genuinely think that paying your own mortgage is the financially optimal decision vs paying someone else's mortgage and building their equity, then I really don't know what to tell you

you're right, you have nothing to tell anyone.
>>
>>60897967
>>60897974

Mathematically prove it.



[Advertise on 4chan]

Delete Post: [File Only] Style:
[Disable Mobile View / Use Desktop Site]

[Enable Mobile View / Use Mobile Site]

All trademarks and copyrights on this page are owned by their respective parties. Images uploaded are the responsibility of the Poster. Comments are owned by the Poster.