Real Estate /General/

I heard americucks have the ability to take out fixed rate loans, so lets assume you have a 5% monthly return from a property you buy but you must give 3% to the bank monthly you still have a 2% profit

Sounds like good meme

T.real estatelet

Zoomers, millenials, and gen Xers are cucked by boomers in the real estate market and are eternal rentlets paying into boomer retirements and mortgages.

>wait in capital appreciation
that part is stopping soon and values are about to do waaaayyy the fuck down

Look at what kind of mortgages you qualify for, what properties are going for in your area, and what demographic shifts are occurring.

For example, if you talk to a realtor or financing agency, you may find that you don't need as much (or any) down payment to get into real estate. Alternatively, if you look into lease-to-own properties, you may be able to build equity before you even own a property outright. Also keep your eyes open for people selling property on a lien, as that can be effective.

If people are moving into a nearby city, try and see what you can finance in/near town. If you're in a white flight area, see about buying undeveloped lots in target suburbs/small towns.

Keep in mind there are multiple ways to make money on real estate. The main ones are flipping homes, realty, and rentals. I'd recommend reading a few books on business basics before starting a formal business though.

>5% a month
Clueless much? More like 5% a year, if lucky

Why not just invest in REITs? My portfolio is like 99% REITs and I've been beating the S&P500 most of the time since I started in February of this year. I guess the ROI for flipping a property yourself has the /potential/ to be much higher, but you're also taking on a ton of risk and it seems like basically a full-time job. I think real estate assets should be a significant chunk of any good portfolio, but owning individual properties (and taking out major loans) is probably worse for most people than just trying to earn and save as much as possible with their main skillset and investing in REITs. You can find good REITs with growing AFFO and yields in the 4+% range and room for share price growth as well.

Really? With all thats going on at the moment you have 99 percent REITs? Whenever the bubble eventually bursts your gonna lose everything

How do I get enough money to qualify for a mortgage?

is that %4 a month or a year?

Get more money

Because it takes 30 years to make enough to retire.

Fuck that.
You break even for 20 years while dealing with a headache, repairs, and assholes, then you're rewarded with a house or $1,000/mo.

how? I can't fuck prostitute anymore and the last one stole my kneepads.

This is the equivalent of boomers trying to sell their bags to newfags. Boomers are retarded and fell for the real estate meme now they’re panicking to sell their “investments” to a younger generation. Pro tip: nobody wants your shitty house.

>to make enough to retire

It IS the retirement you dumb fuck. Do you think retirement means making a pile of cash and just eating away at it? REITs are an income, you’re supposed to make money and dump it into those and boomer utility stocks living off medium-high passive income. This is pretty much the universal definition of making it, assets that generate enough money for you to live a rich NEET life.

>assets that generate enough money for you to live a rich NEET life
Doing this requires one to inject large amounts of capital...capital that takes decades to amass.

Or slowly invest whatever small amounts of capital you can over long periods of time. You know, the opposite of get rich quick schemes.

This was what the other user was complaining about, the fact that it takes 30 years or so to reach this point.

Yeah it fucking sucks but it has a higher probability of success over time.

If only there was a way to invest in something that will give a guaranteed minimum of a 10x within 5 years...

I fear the stock market will follow a similar demise.

Good for new buyers though, I get the opportunity to buy everyone on sale.

You vision it's in the store and has value.
I'm thinking it's broken and in the dumpster

Why not buy a little piece of land in a city in some shit area that has some good perspective in future, when builders flock in. To be ahead of the game instead of buying real estate which is a high risk/high reward game. Note the high risk part.

Given we are hitting peak real estate prices it makes no sense to buy real estate or reit stock.

So what are the choices. First you need to accumulate as much cash as you can to take advantage of the next recession. Two the crazy swings of the stock market are a great opportunity to double your money, but you have to wage slave a good amount to double.

>Tldr buy ETSY it will double in 6 months

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Yeah dude let me spend a lot of money on land and pay taxes just speculating that one day that land will be valuable.

Real Estate has worse diversification and lower returns than Stocks though.

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>Only real way to make millions within 5 years

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anyone can share some advice?

My dad have a property that have 2 floors, the bottom one he rents for services and the top one is empty. I could divide it into 6 small flats for rent. But I would have to take about 100k $ loan. I was thinking about taking it for 25 years since the instalment would be about 1k and i could rent the flats for about 2,7k

>ETSY
why