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Forum » I locked in at 2 percent bro it’s ok
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Thread: I locked in at 2 percent bro it’s ok

post 1670674723 11-05-2022, 08:36 AM
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#181
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Commercial RE: Buy REIT and hold forever.
post 1670674793 11-05-2022, 08:38 AM
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Originally Posted By Anachron⏩
Thanks for confirming mental retardation.
Agreed. No one could sell now based on current interest rates. That ship has sailed. LOL @ mortgagecels srs.
Your schtick sucks and it screams insecurity.
post 1670674933 11-05-2022, 08:43 AM
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#183
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Originally Posted By Anachron⏩
While you are partially correct, you just confirmed your own mental rentardation.
Whatever helps you sleep at night. Try listing a property to gauge how much interest you get. Again, LOL @ mortgagecels and their illiquid "assets."
Your schtick sucks and it screams insecurity.
post 1670675003 11-05-2022, 08:46 AM
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Wow they can't even answer a simple RE investing question just fk LMAOOOOO

Should there be IQ tests before giving mortgage to people? I think so srs
post 1670675053 11-05-2022, 08:47 AM
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#185
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Just went to look at a property last night. It's a 3100 square feet 5 bedroom 3 bathroom new build, one of three built side by side. Developer listed it for sale at 1.3 million and it didn't sell since the summer (obviously). I'm moving in with my girlfriend and want more space for an office for her and a gym for me along with space for the kids.

Asking rent is $3500 a month. Real estate agent himself said "they want to stop the bleeding". They've already rented out another one of the three for the same amount.

But I'm sure they're making profit including mortgage, interest and taxes, right?
post 1670675153 11-05-2022, 08:49 AM
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Originally Posted By Anachron⏩
Keep doubling down on your mental retardation, by assuming everyone is at your intellectual level.

My point has nothing to do with what you just assumed - and I actually said you were correct on that part in my previous post.

You missed the main error in Heldens' post.

Rentards gonna rentard.



Your question is along the lines of:

"I have a car to sell, it has four wheels, and a little old lady is selling it because she is not allowed to drive it anymore. How much is the value of the car?"

Keep doubling down on your rentardation.
It's okay you're locked in at 2% bro. And by bro I mean never my bro, ****ggot.
Your schtick sucks and it screams insecurity.
post 1670675303 11-05-2022, 08:53 AM
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#187
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Originally Posted By rectifryer⏩
you guys are complete fukking retards that read a thread then do absolutely nothing to research the points

I've sold multiple properties in the last few years and still have property.

https://www.realtor.com/realestatean...2_M66771-20487

vs

https://www.realtor.com/realestatean...2_M50020-04999

old ass house sells for $620k but a newer home renting for much less than the mortgage would be

this isn't the exception, its the rule
Im looking at the numbers per your example.....how is the rent half of mortgage in this situation?
Additionally, the one for purchase has a lake behind it.
Old vs New has less to do than the lot location
post 1670675363 11-05-2022, 08:55 AM
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#188
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Originally Posted By Anachron⏩
Keep doubling down on your mental retardation, by assuming everyone is at your intellectual level.

My point has nothing to do with what you just assumed - and I actually said you were correct on that part in my previous post.

You missed the main error in Heldens' post.

Rentards gonna rentard.



Your question is along the lines of:

"I have a car to sell, it has four wheels, and a little old lady is selling it because she is not allowed to drive it anymore. How much is the value of the car?"

Keep doubling down on your rentardation.



Because that is a common scenario - thanks for confirming your mental rentardation as well.
yeah so basically you don't know how to value real estate,

I do.

What makes you think you are smart in real estate? You're a worm, a homecuck.

LMAOOOOOOOOOOOOOO

Bankchads wins again.

Mortgage is due bud,

srs
post 1670675433 11-05-2022, 08:56 AM
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#189
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Originally Posted By donblaximus⏩
Im looking at the numbers per your example.....how is the rent half of mortgage in this situation?
Additionally, the one for purchase has a lake behind it.
Old vs New has less to do than the lot location
retention pond brahs showing up in maximum effort this saturday morning LMAO
Boycott foodservice industry crew
post 1670675563 11-05-2022, 08:58 AM
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#190
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Originally Posted By Anachron⏩
Also, the lot size of the new property is less than a quarter of the old one (lot size is not listed as it is a rental listing, so I am forced to estimate from google maps).



"There is a car for sale, it has four wheels, and a little old lady owned it"

What's the value of the car?
I know exactly how to value it. Answer my question about RE (which you won't, because you don't know) and i'll answer this one.



LMAOOOOO how humiliating for you srs.
post 1670675723 11-05-2022, 09:02 AM
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#191
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Originally Posted By Anachron⏩
I mean, if you can call the postage stamp of the "brand new" McMansion a back yard, everything is game.

Nice try at the deflection though, you posted a comparison of a property of half an acre, to a property that's maybe a quarter of that, and blocked in all all three sides by neighbours.

Just LOL @ rentards LARPing as a "real estate expert".
Holy crap....i didnt even read the other posts and my position seemed almost like yours.

Ill admit....I am not expert on Apolka florida but if you just do a quick google map of the land.....they seem pretty different. So lets find a rental in the same area as Erroll Parkway....oh what do you know.....there are no houses for rent in that "area"

But if you do a quick search for rentals on the Wyndha, property.....there are a ton for rent.

IE you arent even comparing the same neighborhoods bro.

BRB We went to the Sky Suites in Vegas and had our private Baccarat table
Yea we went to Vegas and stayed at Osheas and ate at Burger king
= both parties went to Vegas is Rectifryer's logic
post 1670675763 11-05-2022, 09:03 AM
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#192
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Originally Posted By Anachron⏩
Because that is a common scenario - thanks for confirming your mental rentardation as well.
Thanks for confirming sometimes it's a smarter financial decision to rent instead of buy.

This is happening all over my city and it's starting to happen across Canada. Real estate agents on suicide watch.
post 1670675843 11-05-2022, 09:05 AM
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#193
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Originally Posted By rectifryer⏩
retention pond brahs showing up in maximum effort this saturday morning LMAO
As stated....I am no expert in the Apolka area.....maybe its a retention pond. But there is no doubt the lot the older house sits on is way better than the other you reference but google maps calls is LAKE FRANCIS bro.
post 1670675913 11-05-2022, 09:06 AM
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#194
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Originally Posted By Anachron⏩
If you know "exactly how to value", then you know that you are presenting not enough data to make a proper appraisal.

So again, why can't you answer this question?

There is a car for sale, it has four wheels, and a little old lady owned it. What is the value of the car?

I mean, this is every day chit, even rentards buy cars.
Actually, There is enough data you low IQ homecuck.

In a scenario like this, because there is no lease on the property (because it is owner owned), you would have to look at similar properties and find similar leases rates and imply it on the property, in order to appraise it correctly.

You have no idea what you are talking about my boy.

You know nothing about RE like all homecucks, and know nothing about investing. You're just a boomer that fell into the trap.

Absolutely REKT.

































LMAOOO
post 1670675933 11-05-2022, 09:06 AM
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#195
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Originally Posted By WoofieNugget⏩
Thanks for confirming sometimes it's a smarter financial decision to rent instead of buy.

This is happening all over my city and it's starting to happen across Canada. Real estate agents on suicide watch.
100% sometimes its definitely smarter to rent vs buy. No doubt about it. But if you are truly 47, you missed MANY opportunities to buy. LOL
post 1670676023 11-05-2022, 09:08 AM
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Post deleted by user
post 1670676073 11-05-2022, 09:09 AM
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Originally Posted By rollerball⏩
Lol why are you so enraged in all of your posts?
You and recifryer are so angry at homeowners lol.
Bro do you know how hard i'm laughing when I reply to these threads? I'm LITERALLY laughing out loud

Never seen this level of stupidity in my life LMAOOOO
post 1670676093 11-05-2022, 09:10 AM
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#198
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Originally Posted By EasyPassive⏩
Bro do you know how hard i'm laughing when I reply to these threads? I'm LITERALLY laughing out loud

Never seen this level of stupidity in my life LMAOOOO
Sure buddy. Umad.
post 1670676133 11-05-2022, 09:11 AM
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#199
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Renties and beavercels still seething!
Survival. When the jungle tears itself down and builds itself into something new. Guys like you and me, we end up dead. Doesn’t really mean anything. Or, if we happen to live through it, well that doesn’t mean anything either.
post 1670676183 11-05-2022, 09:11 AM
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post 1670676243 11-05-2022, 09:12 AM
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Originally Posted By Anachron⏩
Jeez, I didn't realize you were looking for kindergarten level chit.

You wouldn't even think to do a market analysis?

Thanks for confirming mental rentardation.
Market analysis LMAOOOOOOOO

This is the market analysis you moron. You have NO IDEA how to appraise properties.

ITT I absolutely REKT all homecucks and shown they know nothing about RE investing .


Absolutely brutal.

Good luck with the home values decline, cheers.















Mortgage is due also. Don't forget.
post 1670676373 11-05-2022, 09:16 AM
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post 1670676393 11-05-2022, 09:16 AM
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#203
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And like clockwork........Rectrifryer is out. Forget all the details. Im still triyng to figure out how the rent on property B is HALF (as he stated was the norm in this thread) the mortgage on property A even if we were comparing apples to apples.

LOL drop the man on the street on the rental property in google maps. There is literally a black SUV with its window blown out and fixed by taping a black trash bag to the opening. Literally cant make this stuff up. Anyone that can screen shot and embed......hilarious.
post 1670676543 11-05-2022, 09:18 AM
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#204
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Originally Posted By Anachron⏩
I wouldn't bother... He apparently sold all of his properties at the peak two years ago.

Yes, I am not making this up, he literally posted this.
Damn......"timing" the market on his real estate portfolio. True playa for real.
post 1670676703 11-05-2022, 09:24 AM
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Originally Posted By Anachron⏩
Last night he was pretending to be in Africa, but made a thread about how his landlord came over to his rental unit.



So you think comparing lease rates is "market analysis"?

Just LOL @ rentards srs.
Bro you are humiliating yourself.

You guys are so retarded you can't even value a simple property.


just ****ing LMAOOOOOOOOOOOOO at the IQ level of homecucks








Worst financial decision ever LMAOOOOOOOO fk LMAOOOOOO
post 1670676783 11-05-2022, 09:26 AM
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Post deleted by user
post 1670676843 11-05-2022, 09:26 AM
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#207
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Originally Posted By EasyPassive⏩
Bro you are humiliating yourself.

You guys are so retarded you can't even value a simple property.


just ****ing LMAOOOOOOOOOOOOO at the IQ level of homecucks








Worst financial decision ever LMAOOOOOOOO fk LMAOOOOOO
You forgot to add the Canelo gif for full made affect bro.
post 1670676873 11-05-2022, 09:27 AM
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#208
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Originally Posted By Anachron⏩
Fukin LOL, seems to be parking there all the time as well, look at all the oil patches:

Literally cant make this stuff up bro. And it was posted under the intent of "Here.....let me do the homework for your schmucks"
Hilarious
post 1670677213 11-05-2022, 09:37 AM
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#209
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lmao @ rentecel cope.

Lot's of homeowners are also too "proud" of their chitty cookie cutter chit wooden frame plywood clad piece of chit garbage homes tho. You're not a true landchad until you inhabit a home that you designed and built yourself. Anything else is COPE. And being a CUCK because you're giving away profits to the Real estate developers, builders and architects that cucked you into buying said home. When you design and build it yourself like a true man would have in the past you're the TRUE LANDCHAD.
post 1670677293 11-05-2022, 09:38 AM
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Originally Posted By suave2000⏩
lmao @ rentecel cope.

Lot's of homeowners are also too "proud" of their chitty cookie cutter chit wooden frame plywood clad piece of chit garbage homes tho. You're not a true landchad until you inhabit a home that you designed and built yourself. Anything else is COPE. And being a CUCK because you're giving away profits to the Real estate developers, builders and architects that cucked you into buying said home. When you design and build it yourself like a true man would have in the past you're the TRUE LANDCHAD.
Location Peru : LMAOOOOO enjoy your $100 per month pay check bud
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