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A 3bed 1.5bath in a shitty postindustrial New England city is 400k+ now

lol wtf? Who is going to buy these? People are poor as fuck ...
Drunken School Cafeteria
  05/03/24
A few will be bought by elevated proles spending 102% of mon...
jet-lagged swollen quadroon people who are hurt
  05/03/24
Should I become a Slumlord (or Scumlord haha)
Drunken School Cafeteria
  05/03/24
blackrock or blackstone buying up every piece of real estate...
disgusting corner
  05/03/24
That’s in boom/bust places though. Investors don&rsquo...
Drunken School Cafeteria
  05/03/24


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Date: May 3rd, 2024 10:54 AM
Author: Drunken School Cafeteria

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)



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Date: May 3rd, 2024 11:11 AM
Author: jet-lagged swollen quadroon people who are hurt

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.

(http://www.autoadmit.com/thread.php?thread_id=5524409&forum_id=2#47630957)



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Date: May 3rd, 2024 11:21 AM
Author: Drunken School Cafeteria

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: disgusting corner

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: Drunken School Cafeteria

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)