My cousin is buying a house to rent it out.
He doesnt have any money saved and he plans to put up a 30 year mortgage.
He already has his own house, so he doesnt have to pay rent
Is this a 200IQ move or a 50IQ move?
My cousin is buying a house to rent it out.
He doesnt have any money saved and he plans to put up a 30 year mortgage.
He already has his own house, so he doesnt have to pay rent
Is this a 200IQ move or a 50IQ move?
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my god..
It's all fun and games until the tennant shits everywhere and smashes it up and your cousin is left to foot the bill
Boob job? Yes, it is. It will keep the tits up.
50
Booba
Depends on the location
30y is low iq
sexy women are a good investment if you make more sexy women out of them. or engineers or something I dunno. Also there is the SAFEX revolution. also a good invetment
Would 2d/digital women be a good investment?
Would it be possible to make money with them in OnlyFans, or similar platforms?
need source for coom
Do they even have milk?
Thats why you vet your tenants and sue for damages, then remodel.
ngmi
thewyldewoman
>already owns a house (no FHA)
>no money saved (no down payment)
Those mortgage terms have got to be shit.
this guy gets it
apparently the rent is higher than his monthly payment
well hes absolutely shitty regarding savings. he literally cant save. maybe this is good because now hes forced to save
Literally was just looking at this slot on plebbit
30y opting to overpay every month is high IQ though.
that's a man
Are you ready to die for your cousin? To kill for your cousin? Landlord is more danger than police. I have known 7 landlords who are killed
>apparently the rent is higher than his monthly payment
Perhaps, but he should consider the additional cost of home ownership: maintenance, etc.
And his monthly calculation seems short-sighted, since you can't guarantee that you'll always have renters (willing to pay what he's asking).
Keep in mind, he's renting the place for more than a $0 down 30y mortgage + taxes + maintenance. So he's charging a lot for rent ... and literally any potential renter could pay less by walking into a bank and getting the same shitty loan. So he has to ask himself, who are his potential customers here? Who would be willing to rent a house for as much as he has to charge to cover all his costs? Would they seem like the kind of trustworthy people he can be assured will pay rent every month and not trash the house?
Good advice on biz, foster this op
>Keep in mind, he's renting the place for more than a $0 down 30y mortgage + taxes + maintenance. So he's charging a lot for rent ... and literally any potential renter could pay less by walking into a bank and getting the same shitty loan.
That's true of virtually all rental properties.
But yes, plenty of renters are shitheads.
thats indeed 200IQ advice
thanks user
Where can I find boba sir
see
I got a 30yr with no money down. VA loan. Am I retarded?
because people that rent cant come up with a deposit because theyre renting which means they have no money to spare?
Yea those are some VERY nice boobies. She looks a lot like my ex gf physically here. She was a nutjob, very sexy though and very nice white boobies with blue veins like this you could see. I liked that.
>sue
kek good luck with that
why'd it end?