let's say I'm a frog and I make about 8K USD with my new job in chinkland after tax. Let's say I have about 100k saved. >option A) buy an apartment in frogland cash with the 100K and rent it (Where I live small apartments rent easily to students at about 600$/month) >option B) put the 100K in SP500, repeat every two years >option C) finance 20% of a 500K loan and buy 5 apartments in frogland It's my first year making that much money and I come from a farmer family so I have no clue what to do and I don't like bankers.
>>62225877being a landlord is a job so b) if you wanna do the work of landlording do c)
Where can you buy an apartment for 100k € in France?
>>62225877I wouldn't do the landlord thing unless you are buying high quality places (little maintenence) with high quality tenants (white collar professionals).
S&P500As a former landlord, it's not worth the work for some nigger to wreck the place or refuse to leave and go through the courts just for a 3-4% return if nothing goes wrong.
>>62226038and by nigger I mean there's plenty of normal looking white niggers that do nigger things before anyone says >hurr durr well don't rent to niggers
>>62226004Literally everywhere but Paris. In my case it's Toulouse, a very lovely student city that is currently being filled to the rim by immigrants >>62226002>>62226038>>62226043What about an agency ? In France it's pretty common to rent through a third party that does this job for you I think
>>62226004Mind you it's to rent to students so it's 9m2 (legal minimum in France) to 30m2 max. Average is around 18 I think
>chinkland 8k monthly salaryfrogman teach me your ways, wtf are you doing in your job? how did you get it? are you living in the land of the yellow man then?
>>62226108kek I'm not sure it'll be useful but : >wtf are you doing in your jobI'm a robotics consultant, ppl pay me to teach them how to make and train humanoid robots, I obviously can't say who>how did you get itStudied 9 years to get my master in France and then my PhD in Taiwan >are you living in the land of the yellow man then?yes I am, it's paradise compared to France in some aspects even tho outside of big cities it's the wild west and it's still very uncivilised and dirty, not really like the propaganda you see online
I'm going to sleep of you guys give me good advices will pray for your fortune in a chink temple with pic + timestamp as proof
>>62226004i sold a 16 sqm in Paris for 135,000 euros last month
>>62226127Hey Kaixing
Or may be it's Willy
>>62226127thanks for your answer appreciate it.i personally see china 100% as the upcoming superpower, as long as they keep being pragmatic and they do well. In my eyes, they're basically like a minmaxer in a grandstrategy game. Are you thinking of staying in china? Apart from that, congrats man, I always have respect for people with a PhD. I havent completed mine but also not looking to, my mentor gave me enough suffering for the next hundred years
>>62226218>>62226229I'm white anon, I don't even speak mandarin fluently yet>inb4 France is not white : I've visited the US and lol lmao even >>62226321For China a lot of it is just pretending honestly but yeah it's clearly an industrial superpower and the US and Europe will never recover from handing them their industry. Of course their datasheets are a bit rough and their quality control is average but the price is often less than half of the competition (and most of the time there's no competition anymore kek). But don't be fooled a lot of it is due to Chinese companies not needing to make profit. What happens is the government chooses what wester company they want to kill, give infinite money glitch to the Chinese competitors, and wait until the wester company declares bankruptcy because it cannot compete with a Chinese company that doesn't even need to gain money, it's the bezos way basically. Honestly I wanted to kill my professor, and then I asked the PhD before me (he was a Korean so not super emotionally expressive) and he felt the same kek. It's the PhD way, my first paper got rejected 3 times I wanted to go door to door and shoot the reviewers
Why not invest in farmland and rent it out to farmers? You understand farming. And it's only getting more valuable.
>>62228397I would like to avoid rotting in the last ring of hell for eternity so I don't want to exploit farmers, it's already a hard job
>>62229052You could charge them a little less than market rate, and invest a portion of the revenue into a fund for them. Just saying, you seem to know more about farming than residential real estate, less likely to make costly mistakes.
I'd go with a diversified portfolio in a PEA (look it up, it's important if you want to pay less taxes in frogsland)Everyone hates landlords here, not sure buying multiple apartments is a good idea
Also, do not put your money in a SCPII know it sounds like being a landlord without putting in the work, but it's mostly a scam
