Will I make it?

Wifes making 52k a year
I'm making 76k a year
We have 3 rentals (paid and clear) generating 42k annually (pretax)

I have zero cryptocurrencies
Am I fucked?

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biden could solve so many of the worlds problems... let him please!

Those numbers don’t make sense without mommy and daddy help

Nah bought 3 shit houses during 2008 and lived like I was homeless until they got repaired and started up from that point

Pick up some kambria

Unironically, the top pay chat rooms are shilling it hard.

>wife

ngmi

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This.

never heard of this before, but I also follow almost 0 crypto news. what's the hype?

Kambria looks excellent. Tiny market cap, big names, smart project. Thanks, not used to seeing anything even mediocre on biz.

Scammer detected
Blow your brains out faggot

Why would you pay off all of mortgage at once and not use rental profits against it?

Put 20k in BTC or selection of your choice. You need a little bit.

Maybe he doesn't want to end like some faggots ended during this pandemic.

>3 rentals
>42k pre tax
This is 42k PER rental, right user?

Wtf are you talking about retard, its all in front of your face
Man you people hate money

Some tenants can't pay rent. A friend of mine has 30 rentals that he rents out to shitheads, and they don't want to pay during the pandemic. If things are going well, your suggestion works great though

I think landlords are scumbags and it seems to be most are unable to pass down their wealth to future generations.

buy some BTC and ETH to make it

This. Bad larp op.

Yes, fucked.
1. Deflation is now, and the money printing is paid for in lower fixed asset values. Your property values are about to shit the bed
2. City hall still needs to pay gibs though, and with deflated property values that means FAR higher taxes on those same deflated properties
3. And then comes hyperinflation because the taxes are jumped so high

You have maybe a year max.

cringe pajeet

Yes buy as much bitcoin as you can and sit on it for ten years.

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>pays mortgage off in full
>gets taxed profits in full

>pays mortgage monthly
>offsets cost against rental income
>taxed fairly on profit
???? Not everyone lets shitheads in their rental properties

i hate to say it but we might be gliding towards that shitty direction. I'd say sell properties and buy:
gold miner etfs (unleveraged)
boomer coins (silver/gold or whatevs)
crypto - there I''d go for BTC + ETH and rest in defi for some degen APE action

This. Even in a recession those numbers don't add up unless OP bought houses in Detroit

if op bought these houses in detroit, he’s going to have a bad time
>fiat and ford looking at headcount reductions
>gm has had reduction wave 2 on standby for the past two months pending third quarter earnings
just turn one of them into a recreational cannabis dispensary at this point. about the only growing industry left.

Not unless you lose the rentals

Then kick them out like lmao

fake and gay
sage & report LARP threads

Since you’re new, Just dca into eth using rental money.