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Real estate versus Index funds??
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Date: January 29th, 2023 10:10 AM Author: ultramarine beady-eyed boltzmann Is real estate at all worth it now? If the rates were low I could start by buying a sfh with 5% down physician loan, rent it out , then move on to multifamily with 25% down? But now even if I get a 5% down loan, I'll be paying high interest and no appreciation. So dont see any point. How do people get to that portfolio of 20houses? Just lucky to start when the rates were low and houses went up in value every day? (http://www.autoadmit.com/thread.php?thread_id=5280008&forum_id=2#45857594) |
Date: January 29th, 2023 10:11 AM Author: Stimulating theater stage candlestick maker Real estate is dead until rates go down or prices go down in line with rates. (http://www.autoadmit.com/thread.php?thread_id=5280008&forum_id=2#45857599) |
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Date: January 29th, 2023 10:11 AM Author: Curious misunderstood box office shitlib Real estate is NEVER going down dummy (http://www.autoadmit.com/thread.php?thread_id=5280008&forum_id=2#45857600) |
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Date: January 29th, 2023 10:12 AM Author: Stimulating theater stage candlestick maker Agreed. I never said it would. (http://www.autoadmit.com/thread.php?thread_id=5280008&forum_id=2#45857606) |
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Date: January 29th, 2023 10:15 AM Author: cracking cerise private investor Explain why, with the understanding I don't know anything about how this works. (http://www.autoadmit.com/thread.php?thread_id=5280008&forum_id=2#45857615) |
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Date: January 29th, 2023 10:16 AM Author: wild degenerate azn UMC net worth is tied up in RE, they will do everything to make sure it stays that way (http://www.autoadmit.com/thread.php?thread_id=5280008&forum_id=2#45857620) |
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Date: January 29th, 2023 10:17 AM Author: cracking cerise private investor How will they keep prices high? Is demand able to keep prices that high? (http://www.autoadmit.com/thread.php?thread_id=5280008&forum_id=2#45857623) |
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Date: January 29th, 2023 10:18 AM Author: wild degenerate azn By limiting supply. What they’re doing already basically (http://www.autoadmit.com/thread.php?thread_id=5280008&forum_id=2#45857631) |
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Date: January 29th, 2023 10:19 AM Author: cracking cerise private investor Via rates? Or some other way? (http://www.autoadmit.com/thread.php?thread_id=5280008&forum_id=2#45857632) |
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Date: January 29th, 2023 10:21 AM Author: ultramarine beady-eyed boltzmann U should understand that if real estate merely stays at the current price instead of going up the way it did 2010-2022 , then it's no longer an investment, as u still pay property tax, insurance, repairs. And any $ spent on re could be invested in the stock market. (http://www.autoadmit.com/thread.php?thread_id=5280008&forum_id=2#45857644) |
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Date: January 29th, 2023 10:23 AM Author: cracking cerise private investor (http://www.autoadmit.com/thread.php?thread_id=5280008&forum_id=2#45857654) |
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Date: January 29th, 2023 11:05 AM Author: Curious misunderstood box office shitlib (http://www.autoadmit.com/thread.php?thread_id=5280008&forum_id=2#45857829) |
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Date: January 29th, 2023 10:15 AM Author: cracking cerise private investor I'm retarded and don't know anything about real estate, so with that preface: - what would it look like if prices diminished to align with rates? - why is real estate never going to improve? assume I know nothing about how the market works. |
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Date: January 29th, 2023 10:17 AM Author: Stimulating theater stage candlestick maker Looks like people interpreted every part of my poast different that I intended it.
I give up ITT |
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Date: January 29th, 2023 10:18 AM Author: cracking cerise private investor :( (http://www.autoadmit.com/thread.php?thread_id=5280008&forum_id=2#45857627) |
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Date: January 29th, 2023 7:56 PM Author: crawly dilemma I'll start with the caveat that if I were highly confident about what the real estate market (or any other market) was going to do, I would be calling my broker rather than sharing my hot tip with a bunch of racist lawyers. With that caveat, my current expectation is that we can expect to see several years of flat real estate prices or possibly small declines.
When you consider both interest rates and the cost of housing, housing is currently as unaffordable as it has ever been (with the possible exception of the height of the bubble in the 2000's). It's unlikely that prices are going to get higher because people simply can't afford them. At the same time, there is a serious shortage of housing. Home building never really recovered from the 2008 bubble, and it stopped almost completely during the pandemic. And everyone who owns a home already refinanced at negative real interest rates during the pandemic, giving them a strong incentive to not move and not sell. The result is that real estate sales are near historic lows as nobody can afford to buy and nobody wants to sell.
This will probably continue until rates go down and/or wages go up to catch with current prices. And housing prices may decline a bit as people finally decide to sell and more housing finally gets built. But there isn't enough demand for housing to push prices higher right now but there also isn't enough supply to drive prices much lower, either.
HTH |
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Date: January 29th, 2023 10:19 AM Author: ultramarine beady-eyed boltzmann So if u pretend that rates do come down significantly now. Let's say u can buy your 1st investment property at 5% 20% down? What then? I've been reading biggerpockets threads from 2019 where they brag how in Colorado even if the house doesnt make much in rental(and it was much cheaper back then) they get something like $500/day in appreciation which beats investing in high yield properties in midwest. Same with California. Index funds dont allow leverage except tqqq(which I failed to buy into on january1 like an idiot) (http://www.autoadmit.com/thread.php?thread_id=5280008&forum_id=2#45857633) |
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Date: January 29th, 2023 10:21 AM Author: Stimulating theater stage candlestick maker "I've been reading biggerpockets threads"
JFC.
Learn real estate from heavy hitting real estate Jews.
Not from 110 IQ are country proles on Reddit / bigger pockets. |
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Date: January 29th, 2023 10:23 AM Author: cracking cerise private investor Where do I do this (http://www.autoadmit.com/thread.php?thread_id=5280008&forum_id=2#45857655) |
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Date: January 29th, 2023 10:27 AM Author: Stimulating theater stage candlestick maker Congregation Emanu-El (http://www.autoadmit.com/thread.php?thread_id=5280008&forum_id=2#45857672) |
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Date: January 29th, 2023 10:25 AM Author: ultramarine beady-eyed boltzmann Those people actually made it. A bunch of them bought their 1st duplex or triplex while in college and so on and now live off passive income. While I can spend a significant part of my savings to buy a vacation home in Tahoe and pay 2x what people paid for it several yrs ago (http://www.autoadmit.com/thread.php?thread_id=5280008&forum_id=2#45857662) |
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Date: January 29th, 2023 10:27 AM Author: Stimulating theater stage candlestick maker Survivor bias (http://www.autoadmit.com/thread.php?thread_id=5280008&forum_id=2#45857675) |
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Date: January 29th, 2023 10:12 AM Author: wild degenerate azn If you aren’t rich all you can really do in RE is buy shithouses in affordable areas and flip them. Or buy multi families and try not to kill yourself as you clean your tenants shit off the walls. (http://www.autoadmit.com/thread.php?thread_id=5280008&forum_id=2#45857604) |
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Date: January 29th, 2023 10:31 AM Author: ultramarine beady-eyed boltzmann I dont understand this "flipping" but I indeed see a lot of condos even that were bought in 2022 and put back on the market immediately at +30%. If they dont find a sucker, theyll end up just losing the cost of real estate and transaction fees. I dont get how such people have all the cash to make such transactions. (http://www.autoadmit.com/thread.php?thread_id=5280008&forum_id=2#45857697) |
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Date: January 29th, 2023 11:37 AM Author: wild degenerate azn Condos are shit and don't appreciate (http://www.autoadmit.com/thread.php?thread_id=5280008&forum_id=2#45858072) |
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Date: January 29th, 2023 10:14 AM Author: green sex offender Buy low, sell/rent high (http://www.autoadmit.com/thread.php?thread_id=5280008&forum_id=2#45857612) |
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Date: January 29th, 2023 10:16 AM Author: Excitant windowlicker boor is a degenerate short jew who loves gambling (http://www.autoadmit.com/thread.php?thread_id=5280008&forum_id=2#45857619) |
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Date: January 29th, 2023 10:19 AM Author: lilac coiffed blood rage (http://www.autoadmit.com/thread.php?thread_id=5280008&forum_id=2#45857636) |
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Date: January 29th, 2023 10:33 AM Author: Glittery puppy death wish is this boor or SAD? (http://www.autoadmit.com/thread.php?thread_id=5280008&forum_id=2#45857700) |
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Date: January 29th, 2023 10:35 AM Author: dark library porsche macan, actually (http://www.autoadmit.com/thread.php?thread_id=5280008&forum_id=2#45857706) |
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Date: January 29th, 2023 1:04 PM Author: Well-lubricated puce forum Your cost from a cash flow basis is probably close to literally double what it was 2 years ago.
No one can say if its a good investment or not, its fucking crazy to think about. |
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Date: January 29th, 2023 3:08 PM Author: Talented clear useless brakes non residential RE.
but yeah rates stink, gotta wait a year or two before doing anything else new |
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Date: January 29th, 2023 5:43 PM Author: cracking cerise private investor Describe the process of getting into non-residential RE (http://www.autoadmit.com/thread.php?thread_id=5280008&forum_id=2#45859567) |
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Date: January 29th, 2023 4:29 PM Author: ultramarine beady-eyed boltzmann Rate this deal: https://www.trulia.com/p/oh/shaker-heights/3617-normandy-rd-shaker-heights-oh-44120--2045696312
Seems like the property tax is too high in Cleveland at 4%? Otherwise if u put 60k down could still come out with 10k positive return? If I get a bunch of this though I think that would be a lot of assets with small values. Would be nice to have a single property that's worth more |
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Date: January 29th, 2023 7:15 PM Author: ultramarine beady-eyed boltzmann Rate this https://www.trulia.com/p/oh/columbus/1038-lockbourne-rd-columbus-oh-43206--2044580012
I think Columbus maybe the city for a starting landlord. The city is shit. But it's one of the very few cities in midwest that has population growth. And obviously prices are much less compared to Florida or western states. Do i need 20% or 25% down for conventional investor loan? |
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Date: January 29th, 2023 8:15 PM Author: electric crackhouse dingle berry you've come to the right place, xoxo is a bastion of investment experts (http://www.autoadmit.com/thread.php?thread_id=5280008&forum_id=2#45860095) |
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Date: January 29th, 2023 8:16 PM Author: spectacular trump supporter lay you honestly have to be worth 20mm (post tax) before you even worry about anything other than jerking off to internet porn and investing on etrade in 2023 america. sorry. but you will never be anything. (http://www.autoadmit.com/thread.php?thread_id=5280008&forum_id=2#45860102) |
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Date: January 29th, 2023 8:17 PM Author: glassy property It's about the price and margin of safety you buy at. (http://www.autoadmit.com/thread.php?thread_id=5280008&forum_id=2#45860104) |
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Date: January 29th, 2023 8:38 PM Author: ultramarine beady-eyed boltzmann What is generally better to have an 8unit rental or 4unit rental(i.e. 1bd apts versus 2bd townhouses sort of)? (http://www.autoadmit.com/thread.php?thread_id=5280008&forum_id=2#45860195) |