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A 3bed 1.5bath in a shitty postindustrial New England city is 400k+ now
| Khaki multi-colored site sandwich | 05/03/24 |
| crimson church building circlehead | 05/03/24 |
| Khaki multi-colored site sandwich | 05/03/24 |
| splenetic turquoise business firm scourge upon the earth | 05/03/24 |
| Khaki multi-colored site sandwich | 05/03/24 |
Poast new message in this thread
Date: May 3rd, 2024 10:54 AM Author: Khaki multi-colored site sandwich 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: crimson church building circlehead 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: Khaki multi-colored site sandwich 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: splenetic turquoise business firm scourge upon the earth 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: Khaki multi-colored site sandwich 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) |