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In only 13 years I will have an investment property paid off

then it will be pure income!
glittery university faggot firefighter
  03/18/12
You're going to stop doing maintenance, receiving utilities,...
cordovan set
  03/18/12
...
jade prole stage
  03/18/12
LOL
fragrant idea he suggested
  03/18/12
that is chump change. I'll be netting 3K a month on the p...
glittery university faggot firefighter
  03/18/12
That is, if you can keep it occupied every month
adventurous dingle berry forum
  04/22/12
...
adventurous dingle berry forum
  04/22/12
...
glittery university faggot firefighter
  03/19/12
...
glittery university faggot firefighter
  04/22/12
*Lands on chance* *Gets street repairs* *Must pay $40 ...
iridescent cheese-eating pit boltzmann
  04/22/12
you land on my hotel and must pay me $2000.
glittery university faggot firefighter
  04/22/12
How much is the property worth, OP? Down payment? Equity? Ma...
impressive talking karate
  04/22/12
How much is the property worth, OP? 450K Down payment...
glittery university faggot firefighter
  04/22/12
...
glittery university faggot firefighter
  04/22/12
(christina model)
unholy ultramarine plaza
  04/22/12
saggy tits, nasty face
bat shit crazy contagious stag film keepsake machete
  04/23/12
...
glittery university faggot firefighter
  04/23/12
bump this thread when the student loan bubble explodes and t...
Passionate dull associate institution
  04/23/12
u jelly?
glittery university faggot firefighter
  04/23/12
So bro, you basically put 90k down for your mortgage and ren...
aromatic corner gaming laptop
  04/23/12
why do you think a market like DC involves more and not less...
glittery university faggot firefighter
  04/23/12
cause like all bubbles it will collapse for instance even...
aromatic corner gaming laptop
  04/23/12
dems controlled everything and defense spending wasn't cut. ...
glittery university faggot firefighter
  04/23/12
yea but no one cared abt cutting defense spending back then ...
aromatic corner gaming laptop
  04/23/12
its not necessarily a bubble if theres a long term trend of ...
Glassy fortuitous meteor
  04/23/12
definitely a long term trend of white educated and upper inc...
Beady-eyed Pungent Chapel Striped Hyena
  04/24/12
Risk peaks when prices peak
copper native
  04/23/12
how is mild and steady growth a peak?
glittery university faggot firefighter
  04/24/12
~tmf
deep shrine death wish
  04/24/12
OP, explain how you can rent this place out for 3k/month if ...
aromatic corner gaming laptop
  04/24/12
op is probably fudging numbers, you can rent a place that's ...
embarrassed to the bone maroon gay wizard
  04/24/12
but the point of the matter is investment property in a youn...
embarrassed to the bone maroon gay wizard
  04/24/12
keep telling urself a few years ago ppl were BRAGGING abo...
aromatic corner gaming laptop
  04/24/12
I think his point was he'll be making 3K a month on the plac...
big-titted rose water buffalo
  04/24/12


Poast new message in this thread



Reply Favorite

Date: March 18th, 2012 8:34 PM
Author: glittery university faggot firefighter

then it will be pure income!

(http://www.autoadmit.com/thread.php?thread_id=1901128&forum_id=2Reputation#20237872)



Reply Favorite

Date: March 18th, 2012 8:42 PM
Author: cordovan set

You're going to stop doing maintenance, receiving utilities, and paying taxes?

(http://www.autoadmit.com/thread.php?thread_id=1901128&forum_id=2Reputation#20237955)



Reply Favorite

Date: March 18th, 2012 8:44 PM
Author: jade prole stage



(http://www.autoadmit.com/thread.php?thread_id=1901128&forum_id=2Reputation#20237972)



Reply Favorite

Date: March 18th, 2012 8:44 PM
Author: fragrant idea he suggested

LOL

(http://www.autoadmit.com/thread.php?thread_id=1901128&forum_id=2Reputation#20237978)



Reply Favorite

Date: March 18th, 2012 8:57 PM
Author: glittery university faggot firefighter

that is chump change.

I'll be netting 3K a month on the place.

(http://www.autoadmit.com/thread.php?thread_id=1901128&forum_id=2Reputation#20238105)



Reply Favorite

Date: April 22nd, 2012 7:36 PM
Author: adventurous dingle berry forum

That is, if you can keep it occupied every month

(http://www.autoadmit.com/thread.php?thread_id=1901128&forum_id=2Reputation#20523617)



Reply Favorite

Date: April 22nd, 2012 7:35 PM
Author: adventurous dingle berry forum



(http://www.autoadmit.com/thread.php?thread_id=1901128&forum_id=2Reputation#20523614)



Reply Favorite

Date: March 19th, 2012 10:41 PM
Author: glittery university faggot firefighter



(http://www.autoadmit.com/thread.php?thread_id=1901128&forum_id=2Reputation#20246173)



Reply Favorite

Date: April 22nd, 2012 7:18 PM
Author: glittery university faggot firefighter



(http://www.autoadmit.com/thread.php?thread_id=1901128&forum_id=2Reputation#20523514)



Reply Favorite

Date: April 22nd, 2012 7:23 PM
Author: iridescent cheese-eating pit boltzmann

*Lands on chance*

*Gets street repairs*

*Must pay $40 per house and $115 per hotel*

*Is Fucked*

(http://www.autoadmit.com/thread.php?thread_id=1901128&forum_id=2Reputation#20523544)



Reply Favorite

Date: April 22nd, 2012 7:26 PM
Author: glittery university faggot firefighter

you land on my hotel and must pay me $2000.

(http://www.autoadmit.com/thread.php?thread_id=1901128&forum_id=2Reputation#20523566)



Reply Favorite

Date: April 22nd, 2012 7:43 PM
Author: impressive talking karate

How much is the property worth, OP? Down payment? Equity? Market? Gi and Gl man. I always wanted to do this

(http://www.autoadmit.com/thread.php?thread_id=1901128&forum_id=2Reputation#20523653)



Reply Favorite

Date: April 22nd, 2012 8:48 PM
Author: glittery university faggot firefighter

How much is the property worth, OP?

450K

Down payment?

20%

Equity?

110K

Market?

DC

Gi and Gl man. I always wanted to do this

THX BROTHER

(http://www.autoadmit.com/thread.php?thread_id=1901128&forum_id=2Reputation#20524134)



Reply Favorite

Date: April 22nd, 2012 9:03 PM
Author: glittery university faggot firefighter



(http://www.autoadmit.com/thread.php?thread_id=1901128&forum_id=2Reputation#20524214)



Reply Favorite

Date: April 22nd, 2012 9:05 PM
Author: unholy ultramarine plaza

(christina model)

(http://www.autoadmit.com/thread.php?thread_id=1901128&forum_id=2Reputation#20524228)



Reply Favorite

Date: April 23rd, 2012 7:47 PM
Author: bat shit crazy contagious stag film keepsake machete

saggy tits, nasty face

(http://www.autoadmit.com/thread.php?thread_id=1901128&forum_id=2Reputation#20531401)



Reply Favorite

Date: April 23rd, 2012 7:29 PM
Author: glittery university faggot firefighter



(http://www.autoadmit.com/thread.php?thread_id=1901128&forum_id=2Reputation#20531262)



Reply Favorite

Date: April 23rd, 2012 7:30 PM
Author: Passionate dull associate institution

bump this thread when the student loan bubble explodes and takes the remnants of real estate with it

(http://www.autoadmit.com/thread.php?thread_id=1901128&forum_id=2Reputation#20531272)



Reply Favorite

Date: April 23rd, 2012 7:31 PM
Author: glittery university faggot firefighter

u jelly?

(http://www.autoadmit.com/thread.php?thread_id=1901128&forum_id=2Reputation#20531282)



Reply Favorite

Date: April 23rd, 2012 7:53 PM
Author: aromatic corner gaming laptop

So bro, you basically put 90k down for your mortgage and rent the property out for 3k a month so you get 36k a year in revenue.

Your mortgage for 360k is maybe at 5% interest? so you pay 18,000k a year in interest payments.

So you make 18k profit (minus any maintenance, etc) so that works out to a 20% gain on your 90k investment.

Not bad I guess, but there is some risk involved in this esp in a hot market like DC.

(http://www.autoadmit.com/thread.php?thread_id=1901128&forum_id=2Reputation#20531453)



Reply Favorite

Date: April 23rd, 2012 11:32 PM
Author: glittery university faggot firefighter

why do you think a market like DC involves more and not less risk?

(http://www.autoadmit.com/thread.php?thread_id=1901128&forum_id=2Reputation#20533469)



Reply Favorite

Date: April 23rd, 2012 11:51 PM
Author: aromatic corner gaming laptop

cause like all bubbles it will collapse

for instance eventually the GOP will get the POTUS and both houses of congress with a fillibuster proof senate and eliminate half the fed gov

or defense spending will be cut significantly



(http://www.autoadmit.com/thread.php?thread_id=1901128&forum_id=2Reputation#20533634)



Reply Favorite

Date: April 23rd, 2012 11:55 PM
Author: glittery university faggot firefighter

dems controlled everything and defense spending wasn't cut.

also, the reps controlled everything under bush and the fed gov increased.

(http://www.autoadmit.com/thread.php?thread_id=1901128&forum_id=2Reputation#20533681)



Reply Favorite

Date: April 23rd, 2012 11:59 PM
Author: aromatic corner gaming laptop

yea but no one cared abt cutting defense spending back then with two wars, not it is more politically popular and doable

the GOP likes to move jobs to redneck states when they are in power

anyway, im just saying its a bubble and every bubble burst

(http://www.autoadmit.com/thread.php?thread_id=1901128&forum_id=2Reputation#20533751)



Reply Favorite

Date: April 23rd, 2012 11:58 PM
Author: Glassy fortuitous meteor

its not necessarily a bubble if theres a long term trend of people returning to american cities though (which certainly isnt dc specific)

(http://www.autoadmit.com/thread.php?thread_id=1901128&forum_id=2Reputation#20533737)



Reply Favorite

Date: April 24th, 2012 12:00 AM
Author: Beady-eyed Pungent Chapel Striped Hyena

definitely a long term trend of white educated and upper income people returning to American cities, which bodes well for people who invest in major cities.

(http://www.autoadmit.com/thread.php?thread_id=1901128&forum_id=2Reputation#20533761)



Reply Favorite

Date: April 23rd, 2012 11:57 PM
Author: copper native

Risk peaks when prices peak

(http://www.autoadmit.com/thread.php?thread_id=1901128&forum_id=2Reputation#20533721)



Reply Favorite

Date: April 24th, 2012 4:24 PM
Author: glittery university faggot firefighter

how is mild and steady growth a peak?

(http://www.autoadmit.com/thread.php?thread_id=1901128&forum_id=2Reputation#20537542)



Reply Favorite

Date: April 24th, 2012 12:01 AM
Author: deep shrine death wish

~tmf

(http://www.autoadmit.com/thread.php?thread_id=1901128&forum_id=2Reputation#20533774)



Reply Favorite

Date: April 24th, 2012 6:42 PM
Author: aromatic corner gaming laptop

OP, explain how you can rent this place out for 3k/month if it is only worth whatever you said, 450k?

That does not add up. A place that rents for 3k should sell for a lot more than 450k, probably more like 700k.

(http://www.autoadmit.com/thread.php?thread_id=1901128&forum_id=2Reputation#20538543)



Reply Favorite

Date: April 24th, 2012 10:11 PM
Author: embarrassed to the bone maroon gay wizard

op is probably fudging numbers, you can rent a place that's say 350k in a city (a 2br) for about 2k

(http://www.autoadmit.com/thread.php?thread_id=1901128&forum_id=2Reputation#20540451)



Reply Favorite

Date: April 24th, 2012 10:12 PM
Author: embarrassed to the bone maroon gay wizard

but the point of the matter is investment property in a young professional area (i.e. dc) is a good idea

(http://www.autoadmit.com/thread.php?thread_id=1901128&forum_id=2Reputation#20540460)



Reply Favorite

Date: April 24th, 2012 10:15 PM
Author: aromatic corner gaming laptop

keep telling urself

a few years ago ppl were BRAGGING about what a good investment it was buying properly in AZ, NV, central CA

(http://www.autoadmit.com/thread.php?thread_id=1901128&forum_id=2Reputation#20540490)



Reply Favorite

Date: April 24th, 2012 10:13 PM
Author: big-titted rose water buffalo

I think his point was he'll be making 3K a month on the place in 13 years when it's paid off.

(http://www.autoadmit.com/thread.php?thread_id=1901128&forum_id=2Reputation#20540474)