\
  The most prestigious law school admissions discussion board in the world.
BackRefresh Options Favorite

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

then it will be pure income!
drab plaza antidepressant drug
  03/18/12
You're going to stop doing maintenance, receiving utilities,...
Red Whorehouse
  03/18/12
...
Impertinent stage affirmative action
  03/18/12
LOL
wine thriller corn cake mad cow disease
  03/18/12
that is chump change. I'll be netting 3K a month on the p...
drab plaza antidepressant drug
  03/18/12
That is, if you can keep it occupied every month
frisky doctorate boiling water
  04/22/12
...
frisky doctorate boiling water
  04/22/12
...
drab plaza antidepressant drug
  03/19/12
...
drab plaza antidepressant drug
  04/22/12
*Lands on chance* *Gets street repairs* *Must pay $40 ...
ungodly maroon useless brakes
  04/22/12
you land on my hotel and must pay me $2000.
drab plaza antidepressant drug
  04/22/12
How much is the property worth, OP? Down payment? Equity? Ma...
Concupiscible awkward pisswyrm base
  04/22/12
How much is the property worth, OP? 450K Down payment...
drab plaza antidepressant drug
  04/22/12
...
drab plaza antidepressant drug
  04/22/12
(christina model)
Appetizing thirsty famous landscape painting
  04/22/12
saggy tits, nasty face
Zippy space
  04/23/12
...
drab plaza antidepressant drug
  04/23/12
bump this thread when the student loan bubble explodes and t...
Dark location gunner
  04/23/12
u jelly?
drab plaza antidepressant drug
  04/23/12
So bro, you basically put 90k down for your mortgage and ren...
Effete Hairless Brethren Nowag
  04/23/12
why do you think a market like DC involves more and not less...
drab plaza antidepressant drug
  04/23/12
cause like all bubbles it will collapse for instance even...
Effete Hairless Brethren Nowag
  04/23/12
dems controlled everything and defense spending wasn't cut. ...
drab plaza antidepressant drug
  04/23/12
yea but no one cared abt cutting defense spending back then ...
Effete Hairless Brethren Nowag
  04/23/12
its not necessarily a bubble if theres a long term trend of ...
Chest-beating ivory generalized bond
  04/23/12
definitely a long term trend of white educated and upper inc...
Turquoise spectacular friendly grandma set
  04/24/12
Risk peaks when prices peak
Bat Shit Crazy Slap-happy Blood Rage Legend
  04/23/12
how is mild and steady growth a peak?
drab plaza antidepressant drug
  04/24/12
~tmf
Multi-colored lavender den mexican
  04/24/12
OP, explain how you can rent this place out for 3k/month if ...
Effete Hairless Brethren Nowag
  04/24/12
op is probably fudging numbers, you can rent a place that's ...
jade resort sneaky criminal
  04/24/12
but the point of the matter is investment property in a youn...
jade resort sneaky criminal
  04/24/12
keep telling urself a few years ago ppl were BRAGGING abo...
Effete Hairless Brethren Nowag
  04/24/12
I think his point was he'll be making 3K a month on the plac...
Glassy Forum
  04/24/12


Poast new message in this thread



Reply Favorite

Date: March 18th, 2012 8:34 PM
Author: drab plaza antidepressant drug

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: Red Whorehouse

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: Impertinent stage affirmative action



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



Reply Favorite

Date: March 18th, 2012 8:44 PM
Author: wine thriller corn cake mad cow disease

LOL

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



Reply Favorite

Date: March 18th, 2012 8:57 PM
Author: drab plaza antidepressant drug

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: frisky doctorate boiling water

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: frisky doctorate boiling water



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



Reply Favorite

Date: March 19th, 2012 10:41 PM
Author: drab plaza antidepressant drug



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



Reply Favorite

Date: April 22nd, 2012 7:18 PM
Author: drab plaza antidepressant drug



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



Reply Favorite

Date: April 22nd, 2012 7:23 PM
Author: ungodly maroon useless brakes

*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: drab plaza antidepressant drug

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: Concupiscible awkward pisswyrm base

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: drab plaza antidepressant drug

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: drab plaza antidepressant drug



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



Reply Favorite

Date: April 22nd, 2012 9:05 PM
Author: Appetizing thirsty famous landscape painting

(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: Zippy space

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: drab plaza antidepressant drug



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



Reply Favorite

Date: April 23rd, 2012 7:30 PM
Author: Dark location gunner

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: drab plaza antidepressant drug

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: Effete Hairless Brethren Nowag

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: drab plaza antidepressant drug

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: Effete Hairless Brethren Nowag

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: drab plaza antidepressant drug

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: Effete Hairless Brethren Nowag

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: Chest-beating ivory generalized bond

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: Turquoise spectacular friendly grandma set

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: Bat Shit Crazy Slap-happy Blood Rage Legend

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: drab plaza antidepressant drug

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: Multi-colored lavender den mexican

~tmf

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



Reply Favorite

Date: April 24th, 2012 6:42 PM
Author: Effete Hairless Brethren Nowag

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: jade resort sneaky criminal

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: jade resort sneaky criminal

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: Effete Hairless Brethren Nowag

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: Glassy Forum

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)