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A 3bed 1.5bath in a shitty postindustrial New England city is 400k+ now
| henna multi-billionaire | 05/03/24 |
| Adventurous scarlet messiness | 05/03/24 |
| henna multi-billionaire | 05/03/24 |
| Excitant Indigo Liquid Oxygen Double Fault | 05/03/24 |
| henna multi-billionaire | 05/03/24 |
Poast new message in this thread
Date: May 3rd, 2024 10:54 AM Author: henna multi-billionaire lol wtf? Who is going to buy these? People are poor as fuck in these places. (http://www.autoadmit.com/thread.php?thread_id=5524409&forum_id=2#47630891) |
Date: May 3rd, 2024 11:11 AM Author: Adventurous scarlet messiness A few will be bought by elevated proles spending 102% of monthly income and one adverse event away from bankruptcy. Nurses make 100k+ even in shit towns. There’s also a whole class of similarly-paying jobs invisible to lawyers, between true proles and VPs. Like McDonalds regional manager or CVS supply chain guy or some shit.
The remainder are investor properties where you try to get it to cash flow positive renting to the next level down and make most of your profit on the back end after gentrification, inflation and/or market topping. |
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Date: May 3rd, 2024 11:21 AM Author: henna multi-billionaire Should I become a Slumlord (or Scumlord haha) (http://www.autoadmit.com/thread.php?thread_id=5524409&forum_id=2#47631003) |
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Date: May 3rd, 2024 11:12 AM Author: Excitant Indigo Liquid Oxygen Double Fault blackrock or blackstone buying up every piece of real estate with federal reserve printed loldollars as part of agenda 2030 (http://www.autoadmit.com/thread.php?thread_id=5524409&forum_id=2#47630961) |
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Date: May 3rd, 2024 11:16 AM Author: henna multi-billionaire That’s in boom/bust places though. Investors don’t generally buy in high tax low growth areas afaik. (http://www.autoadmit.com/thread.php?thread_id=5524409&forum_id=2#47630977) |