Kikes be like:
$950 per month, no utilities, share the rest of the house with 3 other strangers who might be drug addicts, this room is yours, no parties, no smoking, no laundry, no pets, park on the street. $4000 to move in. And also 1 year minimum lease so you need to live here for 12 full months.
Seriously, do these people have no shame at ALL? How the fuck am I supposed to live in something like this, I'd have more space in a prison cell. I might even be better off living in a car.
Thats not realistic. Shut up op
Bro, you're better office in a storage unit. Or try renting a small business office with sink and toilet. My friend does that for $300 month
you mad, rentoid?
I was thinking of doing the office thing, that sounds interesting. Would they kick you out knowing youre living there?
Found the jew
t.not from the west coast
>I might even be better off living in a car.
Go on Youtube and check out Bob Wells' "CheapRVLiving" channel (he has a forum too). You can legit live in a car, SUV, minivan, van and if you do it right, you can legit "stealth camp" in urban settings. Do your research and you can possibly live decently and save a ton of money on rent. I would do it if I didn't already own a house that I bought for extremely cheap with a great interest rate.
Why would you not fucking move then? This seems absurd.
I kind of want to invest some money in real estate so I can laugh collecting a bit of rent from cucks living in high cost-of-living areas.
There is an enormous amount of risk in being a landlord. Look at the present situation with the moratoriums on evictions. Imagine having a mortgage due and your tenets aren't paying their rent because the 'rona and you can't evict them. Worse yet, even if you evict them, how many people do you think can afford to pay rent right now as more and more people are getting laid off?
I meant more like buying a stock like O realty, or looking at crowdfunded options. I don't want to be a landlord, I just want to provide capital and get returns.
West coast of what? Jewland? Found the real kike faggots. Kill yourselves
$950/month will get you a small but decent rental house where I live. Why anybody stays where the rents are high is beyond me.
>O realty
Commercial properties. Some are stable and going to be okay in the current environment (Walmart, Family Dollar, 7-11), but some are fucked in the current environment (Gyms and places like Movie theaters). There is a huge amount of delinquencies in commercial leases right now and even major retailers are using bankruptcies to get out of their leases. Landlords are fucked. There's going to be a bloodbath in both the commercial and residential real estate space for years, nationally and globally.
You might look into REIT indexes for residential properties, but again, even with large luxury apartment complexes, things are going to get rough over the next several years with all the people going delinquent on rents.
The time to put your money into real estate is several years from now when everything is rock bottom, when everybody is fucked, and everybody is convinced that the LAST place you can make passive income is by investing in real estate. Right now, it's poised to plunge off a cliff.
Report them to the city for having illegal apartments. No way they're making fire code with that. Get them shut down. Don't pay the new york tax, live somewhere you can afford.
Bruh those living conditions dont exist, and if they do in your state, it needs to be nuked
Yeah, the laws are actually what scared me off from being a land lord. The laws are such that you better screen your tenants like crazy or you can completely eat shit. They can basically live rent free for half a year just by refusing to pay and making you go through the eviction process. They can also completely trash the joint if you actually get a successful eviction. Let’s not even go into the fact that if a squatter can somehow manage to gain access to your property and get mail sent there then you can’t legally kick them out without an eviction. Seriously it’s like niggers wrote eviction laws.
Where at? Because im in Los Angeles and pay $2000 for a spacious 1 bedroom in Burbank with utilities, pool, gym, gated parking garage, and within walking distance of groceries and bars.
Sounds like ur a lil gay boy.
>$2000
>spacious
>1 bedroom
It just got dumber the more I read. How much to clean the hobo shit from the street?
??? I'm a single guy. How much space does one need? Could afford a bigger place if I wanted but I like it here. And in LA- unless you want to share a place with someone, that's the going rate for a solid spot. You wanna live in a shithole for $900 and be cooped up in a bedroom all day and share bathrooms? Be my guest.
Personally, I think you're just a minimum wage dude complaining about shit he can't afford. Just my 2 cents- btw
do you need me to venmo you 2 cents?
I wouldn’t live in a shithole to begin with or a collective of retards like California. I could just stay where I am and have twice as much for less than half of that price. Personally, I think you should hang on to that 2 cents. You’re going to need it for some of your hobbies like paying taxes.
Yes, in those places a 1 bedroom is considered spacious since most apartments are studios.
Yes. There are some cases where being a landlord can work, but it's not for everybody and way too many people think it's easy money. You almost cannot be an absentee landlord or leave it to a management company because those eat into your property and greatly improve your chances of getting deadbeat tenets. You better be handy because even basic repairs and maintenance will eat into your cash flow, and like you said, some tenets will trash your place (especially those with kids or pets... Security deposits often don't cover even a fraction of the damage a shitty tenet can pull). There's often some vacancy you have to factor into the equation, along with the cost of repairing the normal wear and tear on your property (like replacing carpets or the roof every X years/etc). You have the hassle of collecting rent, dealing with late tenets, having to deal with every little problem that pops up (enjoy getting calls at 4am when the A/C stops working and then the thousands of dollars to repair/replace it), or have tenets who don't tell you about small problems that turn into giant problems over time (a small leak in the roof).
My family have owned several SFH's in my area for my whole life growing up and I saw and experienced first hand what the phrase "sweat equity" really means. Most landlords are only making money on the fluke that their property appreciates in value, and since housing prices are likely inflated to shit (like they were before the previous crash), a lot of the current landlords are going to be underwater when they get to the point they can't make mortgage payments (because their tenets aren't paying), a bunch of people lose their houses and banks start to foreclose and sell houses for pennies on the dollar, nobody has jobs or an income to buy houses, etc., etc.
Most people don't have the experience or understanding of real estate to really make money in the long-term. They might get lucky in the short term, but it's a tough racket.
>those eat into your property
*profits
not everyone has no ambition like you
>having to deal with every little problem that pops up (enjoy getting calls at 4am when the A/C stops working and then the thousands of dollars to repair/replace it)
Yes and every little problem will pop up because tenets never do basic maintenance like change out filters or even clean lint traps and will think the garbage disposal is for the actual disposal of garbage.
Honest to God user, buy a school bus. They are like less than $5000 and if you can find a place to park it you will have more room for less. Yes, you need to find somewhere to shower and shit but gym memberships can cover that.
OP's example is a piece of shit landlord, but I always laugh when dumb fucks on here call all landlords greedy jews (but I guarantee they are the very same shitty tenets we're talking about).
If people want to shit talk landlords, buy your own fucking house or apartment, cucks. Save up for the 20% down, or even the 3% (and have to pay PMI until you build up adequate equity), be on the hook for 30+ years of payments, all the maintenance and repairs, property tax, homeowner's insurance, etc.
If you don't want to take on the pain and responsibility of owning your own place, you are at the mercy of paying to live where somebody who has sunk a considerable amount of their capital and time into a property where they run the risk that some deadbeat tenet can fuck them over in a heartbeat.
Yeah, I pretty much realized that it would be a lot of work for a huge risk. I also would have discriminated against a lot of people and the last thing I needed would be a lawsuit.
Not practical advice. Most municipalities have really strict ordinances against "camping" within city limits (which parking and sleeping in a vehicle falls under). You can bet your ass 99% of your typical normie is gonna call the cops if some school bus is parked in their neighborhood, and finding places to park in a vehicle like that would be super hard.
Much better to get a minivan or cargovan, trick it all out, black out curtains and learn how to stealth camp in urban settings. If you do it correctly, people won't even realize you're doing it and you can live very comfortably in a minivan/cargo van with minimal money building it out. You can get a decent, reliable minivan for around $3-4k, buy some basic stuff at walmart/target or a thrift store, and you have a place to live and you can easily move around various spots in your location.
Oh, and the showering at a gym thing is very YMMV with the rona. Some states and cities have gyms closed right now, though there are ways to still bath and keep clean even if living in a van. Youtube is full of info about this.
OP could easily live in a van and save what he would spend in a few months living in that glorified closet and then save up for a downpayment on a house, or just save a shit ton of money, etc.
He doesn't have to live in most municipalities, he only has to live in one.
>west coast
>NY
The one way to get around the discrimination thing is if you have a big enough place and could handle living with roommates. Supreme Court has ruled multiple times that when it comes to cohabitation, you can discriminate as much as you want since you technically are having to live under the same roof as that person.
If it weren't for the 'rona fucking everything up, and my own pessimism that roommates would pay rent, I've considered building a small tiny house on a trailer (or coverting a cargo trailer), living in in in my backyard on the downlow while renting out the rooms in my house to grad students from the local university. Technically, I'd be living in the house (could even keep one of the smallest rooms for myself) so I could be discriminatory in who I picked as roommates, and I'd also have all of them on month to month leases with First and Last month's rent and security deposits (possibly giving 6-12 month leases to the ones who seemed good and were looking for a longer term living arrangement).
Totally not worth it at the present time though, and I'd have to do a lot of renovations to my house to make it suitable for renting out to roommates, but if people are ever considering renting to people, one thing to consider is renting out a house or rooms to a "roommate" and just living someplace else on the sly, therefore allowing you to weed out the types of people you don't want to rent to.
Anyone staying in New York is retarded. Unless everyone is lying they are having huge money and nigger problems. Looks like it’s headed back to the bad old days of murder and robbery.
i don't know but lawsuits can be filed over anything and law can be created when necessary. if someone first had an agreement to legally pay to live somewhere, and they don't pay, and the agreement said that it would all be over if they don't pay, then you can rent to someone else and create a new legal agreement to live there and once they pay, THEY have the right to call the cops to kick people who are then trespassing in THEIR legal home.
i know there are plenty of laws protecting people already living somewhere but they're bitch ass bleeding heart laws no one fights.
Doesn't walmart let you park trucks? Or a truckstop? You would have to move the thing day to day, its not like you could just park in one place for a year.
I should have said nearly all municipalities. What city lets you live in a fucking school bus within their city limits? It's few and far between. He probably needs to live in a city because it's where his job is, and tell me, is he going to drive a fucking school bus and park it at work every day? A minivan or cargo van are a 1000 times more practical and he can always turn around and resell them afterwards, while as you point out, the school bus goes for cheap because they don't retain their resale value and cost a shit ton to maintain.
Not OP, I live in the san francisco bay area, that is 100% what shit is like out here.
>4000 a month for 1 bed, 1 bath apartment and you aren't even in san francisco, just some shitty peninsula city
sfbay.craigslist.org
Every city that has a Walmart.
Some Walmarts. Some don't. Most truck stops yes, but you're right, you'd have to move between places from day to day and some cities only have a few truck stops on the periphery of the city and it wouldn't be practical to move between them all of the time (the ownership would catch on to what you were doing) and then drive to and from work all the time in a fucking bus.
A minivan or cargo van is way more practical because you can do the very same, park at some walmart/truck stops or other urban boondocking spots, but you can also easily stealth camp once you learn how to do it.
Oh no. The murder rate is 10 per 100000 instead of 8 per 100000 think of the children