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In only 13 years I will have an investment property paid off
| glittery university faggot firefighter | 03/18/12 |
| cordovan set | 03/18/12 |
| jade prole stage | 03/18/12 |
| fragrant idea he suggested | 03/18/12 |
| glittery university faggot firefighter | 03/18/12 |
| 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 |
| iridescent cheese-eating pit boltzmann | 04/22/12 |
| glittery university faggot firefighter | 04/22/12 |
| impressive talking karate | 04/22/12 |
| glittery university faggot firefighter | 04/22/12 |
| glittery university faggot firefighter | 04/22/12 |
| unholy ultramarine plaza | 04/22/12 |
| bat shit crazy contagious stag film keepsake machete | 04/23/12 |
| glittery university faggot firefighter | 04/23/12 |
| Passionate dull associate institution | 04/23/12 |
| glittery university faggot firefighter | 04/23/12 |
| aromatic corner gaming laptop | 04/23/12 |
| glittery university faggot firefighter | 04/23/12 |
| aromatic corner gaming laptop | 04/23/12 |
| glittery university faggot firefighter | 04/23/12 |
| aromatic corner gaming laptop | 04/23/12 |
| Glassy fortuitous meteor | 04/23/12 |
| Beady-eyed Pungent Chapel Striped Hyena | 04/24/12 |
| copper native | 04/23/12 |
| glittery university faggot firefighter | 04/24/12 |
| deep shrine death wish | 04/24/12 |
| aromatic corner gaming laptop | 04/24/12 |
| embarrassed to the bone maroon gay wizard | 04/24/12 |
| embarrassed to the bone maroon gay wizard | 04/24/12 |
| aromatic corner gaming laptop | 04/24/12 |
| big-titted rose water buffalo | 04/24/12 |
Poast new message in this thread
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) |
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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) |
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Date: March 18th, 2012 8:44 PM Author: jade prole stage (http://www.autoadmit.com/thread.php?thread_id=1901128&forum_id=2Reputation#20237972) |
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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) |
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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. |
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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) |
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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) |
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) |
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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) |
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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* |
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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) |
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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) |
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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 |
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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) |
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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) |
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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) |
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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) |
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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) |
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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) |
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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. |
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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) |
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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
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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. |
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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 |
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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) |
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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) |
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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) |
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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) |
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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) |
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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. |
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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) |
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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) |
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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 |
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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) |