Is owning an apartment building the final redpill?
Is owning an apartment building the final redpill?
Imagine the drama that comes along with owning that gigantic, ugly hunk of shit
Take your $10,500,000 and get passive crypto gains
People shouldn't be allowed to have control over apartment buildings for profit. Responsibility should be given to public figures who are accountable.
I can't imagine having 10mil and spending it on a low return headache like an apartment building. Buy 1 mil of 10 shitcoins and enjoy your 100mil in a few years
Imagine if instead of 1 Rich Jew profiting off an apartment building, instead 5-10 government officers made profit off the building and kept tenants happy as a TEAM.
Let me guess, Biden 2020?
Assuming $2,000 a month rent that's $38,000 a month at maximum occupancy - now take out taxes, repairs, fees, maintenance, compliance... MAYBE $20,000 in your pocket a month. So $240,000 a year. That's 40 YEARS to pay itself off. Any stock paying 2.5% divvies would be a better investment, and stocks typically appreciate vs a rotting building
It's a scam unless you have $1M+ in disposable income earning you at least $4k monthly.
I'll probs just stick to playing Badger Finance when it goes live.
>politicians
>accountable
I guess that is the signal for me to go to bed now. Night user.
If it's such a good deal why the fuck are they selling it?