Buy $170,000 house

never going to happen cucklord

side note: in 10 years my mortgage will be ~900/month (after PMI goes away)

in 10 years, your $900 rent will be closer to $1,200 pffttthahahaha

>living in the same place for 10 years

in 10 years i will own my own private state
and sorry i wont accept some shitty run down 2/2 house in the middle of Nebraska as collateral for entry

$6,000 minus $1.5+k maintenance, admin costs of let's say $1k (background check, payment processing fees if any etc), liability insurance of what $500?, I could go on but let me just say you're not getting $6k cash flow, you're getting $40 per week maybe. You fucking genius.

>buy $170,000 house

Stopped right here

This guy fucks

>$6,000 in cashflow a year
>minus property taxes
>minus set-aside for paint, roof, plumbing, appliance repairs
>minus property management fees unless you want to be dealing with tenant shit all the time

The ONLY way this works is if you're buying distressed houses and renting to HUD niggers

This guy makes a new thread everyday bragging about his $160,000 house like its a mansion for the elite.

He doesn't even have a house. He lives with this parents and uses other people's images to LARP.

>"admin fees"
>every year
hahahaha most braindead post ITT

Yeah it's all fun and games until you get a degenerate in that gets addicted to meth, loses his job and promptly does 40k in damage to the house before you can evict him.

Realestate is only fun if you get goodten ants

>$1100 studio rent
vs
>really nice 2 bed townhome with some stone architecture in living room for $225k, 99% white township
>after 20% down, $1500/m after all tax, hoa, etc

What do you guys think?

1100 studio rent and put the 20% down payment and 400/month difference in investments, or, keep it all in cash and buy the dip. It is coming.

Check out how much a new roof costs, figure that plus paint and plumber visits and new appliances etc over a couple of decades, plus your 20% cash

Now subtract the rent from that, and you're left with a lump of money plus a monthly sum. Plug those numbers into an online compound interest calculator, assuming a very modest 8% rate of return, and see which path has you more ahead after a couple decades.

More than likely, if you rent, you'll be able to buy the townhome cash in a couple decades with money left over, never once having had to have a contractor over to fuck you.

I'm actually a landlord and I actually do what your gay fucking LARP implies

>instability
>dumb rentcuck thinks renting a home = being tied down to its location
>i will
pftthahaha for now you are nothing more than a rentcuck with dreams
sorry you live in an inflated shithole
>property management fees
>for one house
hahahahha what a fucking retard
>was too retarded to properly screen tenants
>was too stupid to buy decent home insurance

whoa cool and you're actually retarded
>I'm a landlord
no youre not. you're the fucking maintenance guy at an apt complex making $12/hr lmao

isnt it ideal to put 20% down to avoid the insurance thing

Why would a grown man volunteer to be a HOA slave

20% down is the standard advice you'll see. You can do more/less depending on your risk tolerance, but the basic strategy behind all real-estate investing is maximizing leverage. The less you put in a downpayment, the more you can spend on a second or third property to do the same thing. That's why refinancing is the key piece to the puzzle, it gives you liquidity to keep the cycle going.

Of course when you're carrying seven figures of debt you need to be cautious, but it's manageable if you can minimize vacancies (which is easier near large cities).

if she's so rich then why does she live in a 3rd world tier ghetto?