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Real estate versus Index funds??

Is real estate at all worth it now? If the rates were low I ...
Claret french chef
  01/29/23
Real estate is dead until rates go down or prices go down in...
Ebony Range
  01/29/23
Real estate is NEVER going down dummy
self-centered stage boiling water
  01/29/23
Agreed. I never said it would.
Ebony Range
  01/29/23
Explain why, with the understanding I don't know anything ab...
curious apoplectic hospital
  01/29/23
UMC net worth is tied up in RE, they will do everything to m...
Emerald doctorate
  01/29/23
How will they keep prices high? Is demand able to keep price...
curious apoplectic hospital
  01/29/23
By limiting supply. What they’re doing already basical...
Emerald doctorate
  01/29/23
Via rates? Or some other way?
curious apoplectic hospital
  01/29/23
U should understand that if real estate merely stays at the ...
Claret french chef
  01/29/23
...
curious apoplectic hospital
  01/29/23
...
self-centered stage boiling water
  01/29/23
I'm retarded and don't know anything about real estate, so w...
curious apoplectic hospital
  01/29/23
Looks like people interpreted every part of my poast differe...
Ebony Range
  01/29/23
:(
curious apoplectic hospital
  01/29/23
I'll start with the caveat that if I were highly confident a...
bateful idiot site
  01/29/23
So if u pretend that rates do come down significantly now. L...
Claret french chef
  01/29/23
"I've been reading biggerpockets threads" JFC. ...
Ebony Range
  01/29/23
Where do I do this
curious apoplectic hospital
  01/29/23
Congregation Emanu-El
Ebony Range
  01/29/23
Those people actually made it. A bunch of them bought their...
Claret french chef
  01/29/23
Survivor bias
Ebony Range
  01/29/23
If you aren’t rich all you can really do in RE is buy ...
Emerald doctorate
  01/29/23
I dont understand this "flipping" but I indeed see...
Claret french chef
  01/29/23
Condos are shit and don't appreciate
Emerald doctorate
  01/29/23
Buy low, sell/rent high
Sexy smoky crackhouse
  01/29/23
boor is a degenerate short jew who loves gambling
razzmatazz lavender abode
  01/29/23
...
Insanely creepy aqua dingle berry principal's office
  01/29/23
is this boor or SAD?
pungent home
  01/29/23
porsche macan, actually
Cheese-eating Razzle Volcanic Crater
  01/29/23
Your cost from a cash flow basis is probably close to litera...
thriller vermilion yarmulke fortuitous meteor
  01/29/23
non residential RE. but yeah rates stink, gotta wait a y...
Orange legal warrant
  01/29/23
Describe the process of getting into non-residential RE
curious apoplectic hospital
  01/29/23
Rate this deal: https://www.trulia.com/p/oh/shaker-heights/...
Claret french chef
  01/29/23
Rate this https://www.trulia.com/p/oh/columbus/1038-lockbo...
Claret french chef
  01/29/23
you've come to the right place, xoxo is a bastion of investm...
erotic stage
  01/29/23
you honestly have to be worth 20mm (post tax) before you eve...
sable public bath
  01/29/23
It's about the price and margin of safety you buy at.
Maize Church Building
  01/29/23
What is generally better to have an 8unit rental or 4unit re...
Claret french chef
  01/29/23


Poast new message in this thread



Reply Favorite

Date: January 29th, 2023 10:10 AM
Author: Claret french chef

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)



Reply Favorite

Date: January 29th, 2023 10:11 AM
Author: Ebony Range

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)



Reply Favorite

Date: January 29th, 2023 10:11 AM
Author: self-centered stage boiling water

Real estate is NEVER going down dummy

(http://www.autoadmit.com/thread.php?thread_id=5280008&forum_id=2#45857600)



Reply Favorite

Date: January 29th, 2023 10:12 AM
Author: Ebony Range

Agreed. I never said it would.

(http://www.autoadmit.com/thread.php?thread_id=5280008&forum_id=2#45857606)



Reply Favorite

Date: January 29th, 2023 10:15 AM
Author: curious apoplectic hospital

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)



Reply Favorite

Date: January 29th, 2023 10:16 AM
Author: Emerald doctorate

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)



Reply Favorite

Date: January 29th, 2023 10:17 AM
Author: curious apoplectic hospital

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)



Reply Favorite

Date: January 29th, 2023 10:18 AM
Author: Emerald doctorate

By limiting supply. What they’re doing already basically

(http://www.autoadmit.com/thread.php?thread_id=5280008&forum_id=2#45857631)



Reply Favorite

Date: January 29th, 2023 10:19 AM
Author: curious apoplectic hospital

Via rates? Or some other way?

(http://www.autoadmit.com/thread.php?thread_id=5280008&forum_id=2#45857632)



Reply Favorite

Date: January 29th, 2023 10:21 AM
Author: Claret french chef

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)



Reply Favorite

Date: January 29th, 2023 10:23 AM
Author: curious apoplectic hospital



(http://www.autoadmit.com/thread.php?thread_id=5280008&forum_id=2#45857654)



Reply Favorite

Date: January 29th, 2023 11:05 AM
Author: self-centered stage boiling water



(http://www.autoadmit.com/thread.php?thread_id=5280008&forum_id=2#45857829)



Reply Favorite

Date: January 29th, 2023 10:15 AM
Author: curious apoplectic hospital

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.

(http://www.autoadmit.com/thread.php?thread_id=5280008&forum_id=2#45857613)



Reply Favorite

Date: January 29th, 2023 10:17 AM
Author: Ebony Range

Looks like people interpreted every part of my poast different that I intended it.

I give up ITT

(http://www.autoadmit.com/thread.php?thread_id=5280008&forum_id=2#45857624)



Reply Favorite

Date: January 29th, 2023 10:18 AM
Author: curious apoplectic hospital

:(

(http://www.autoadmit.com/thread.php?thread_id=5280008&forum_id=2#45857627)



Reply Favorite

Date: January 29th, 2023 7:56 PM
Author: bateful idiot site

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

(http://www.autoadmit.com/thread.php?thread_id=5280008&forum_id=2#45860032)



Reply Favorite

Date: January 29th, 2023 10:19 AM
Author: Claret french chef

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)



Reply Favorite

Date: January 29th, 2023 10:21 AM
Author: Ebony Range

"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.

(http://www.autoadmit.com/thread.php?thread_id=5280008&forum_id=2#45857643)



Reply Favorite

Date: January 29th, 2023 10:23 AM
Author: curious apoplectic hospital

Where do I do this

(http://www.autoadmit.com/thread.php?thread_id=5280008&forum_id=2#45857655)



Reply Favorite

Date: January 29th, 2023 10:27 AM
Author: Ebony Range

Congregation Emanu-El

(http://www.autoadmit.com/thread.php?thread_id=5280008&forum_id=2#45857672)



Reply Favorite

Date: January 29th, 2023 10:25 AM
Author: Claret french chef

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)



Reply Favorite

Date: January 29th, 2023 10:27 AM
Author: Ebony Range

Survivor bias

(http://www.autoadmit.com/thread.php?thread_id=5280008&forum_id=2#45857675)



Reply Favorite

Date: January 29th, 2023 10:12 AM
Author: Emerald doctorate

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)



Reply Favorite

Date: January 29th, 2023 10:31 AM
Author: Claret french chef

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)



Reply Favorite

Date: January 29th, 2023 11:37 AM
Author: Emerald doctorate

Condos are shit and don't appreciate

(http://www.autoadmit.com/thread.php?thread_id=5280008&forum_id=2#45858072)



Reply Favorite

Date: January 29th, 2023 10:14 AM
Author: Sexy smoky crackhouse

Buy low, sell/rent high

(http://www.autoadmit.com/thread.php?thread_id=5280008&forum_id=2#45857612)



Reply Favorite

Date: January 29th, 2023 10:16 AM
Author: razzmatazz lavender abode

boor is a degenerate short jew who loves gambling

(http://www.autoadmit.com/thread.php?thread_id=5280008&forum_id=2#45857619)



Reply Favorite

Date: January 29th, 2023 10:19 AM
Author: Insanely creepy aqua dingle berry principal's office



(http://www.autoadmit.com/thread.php?thread_id=5280008&forum_id=2#45857636)



Reply Favorite

Date: January 29th, 2023 10:33 AM
Author: pungent home

is this boor or SAD?

(http://www.autoadmit.com/thread.php?thread_id=5280008&forum_id=2#45857700)



Reply Favorite

Date: January 29th, 2023 10:35 AM
Author: Cheese-eating Razzle Volcanic Crater

porsche macan, actually

(http://www.autoadmit.com/thread.php?thread_id=5280008&forum_id=2#45857706)



Reply Favorite

Date: January 29th, 2023 1:04 PM
Author: thriller vermilion yarmulke fortuitous meteor

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.

(http://www.autoadmit.com/thread.php?thread_id=5280008&forum_id=2#45858560)



Reply Favorite

Date: January 29th, 2023 3:08 PM
Author: Orange legal warrant

non residential RE.

but yeah rates stink, gotta wait a year or two before doing anything else new

(http://www.autoadmit.com/thread.php?thread_id=5280008&forum_id=2#45859077)



Reply Favorite

Date: January 29th, 2023 5:43 PM
Author: curious apoplectic hospital

Describe the process of getting into non-residential RE

(http://www.autoadmit.com/thread.php?thread_id=5280008&forum_id=2#45859567)



Reply Favorite

Date: January 29th, 2023 4:29 PM
Author: Claret french chef

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

(http://www.autoadmit.com/thread.php?thread_id=5280008&forum_id=2#45859319)



Reply Favorite

Date: January 29th, 2023 7:15 PM
Author: Claret french chef

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?

(http://www.autoadmit.com/thread.php?thread_id=5280008&forum_id=2#45859870)



Reply Favorite

Date: January 29th, 2023 8:15 PM
Author: erotic stage

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)



Reply Favorite

Date: January 29th, 2023 8:16 PM
Author: sable public bath

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)



Reply Favorite

Date: January 29th, 2023 8:17 PM
Author: Maize Church Building

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)



Reply Favorite

Date: January 29th, 2023 8:38 PM
Author: Claret french chef

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)