shillllihs
6,101 posts
msg #122194
- Ignore shillllihs |
12/10/2014 2:36:33 PM
Yeah, rent. For a mere 500g you can make 100g a year & never have to work again.
You can get units for 50-70g & make 1100-1400 on each, minus your exp. this leaves you with
8-12g when you factor all your deductions like asoc. depreciation etc. Where else can you get such an ez 15%
return.
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klynn55
747 posts
msg #122196
- Ignore klynn55 |
12/10/2014 4:49:49 PM
nah garages are the best, not too much experience with tenants huh shilly, just wait till you get a few
who dont pay, etc. then you'll need that filipino big brother in law.
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shillllihs
6,101 posts
msg #122197
- Ignore shillllihs |
12/10/2014 7:09:33 PM
I've never had a deadbeat but i've had tenants that paid rent that was too low.
Ez money.
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guspenskiy13
976 posts
msg #122204
- Ignore guspenskiy13 |
12/11/2014 3:44:58 PM
1100-1400 after taxation? as far as i know, it's 30%?
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shillllihs
6,101 posts
msg #122207
- Ignore shillllihs |
12/11/2014 6:15:25 PM
Not after, before.
I just picked up another yesterday for 55g but didn't want to mention it since Klynn
was getting excited. The list price was 63g.
After all fees & deductions, i will clear about 11g which i guess is about 18%
So that's how it's done.
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klynn55
747 posts
msg #122216
- Ignore klynn55 |
12/12/2014 9:00:59 AM
Shill: what's the stock symbol for row houses?
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shillllihs
6,101 posts
msg #122219
- Ignore shillllihs |
12/12/2014 9:35:03 AM
They have one for trailers.
It's KLNDBLWD
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guspenskiy13
976 posts
msg #122221
- Ignore guspenskiy13 |
12/12/2014 10:12:54 AM
that's some ridiculous numbers....
compare it to a two bedroom apartment in Moscow worth of ~ $400k....
and rent of ~60,000 rubles/month.... which used to be $2000.....and now only $1000...
was 6%/yr, now 3%/yr.....
LOL
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shillllihs
6,101 posts
msg #122222
- Ignore shillllihs |
12/12/2014 10:45:10 AM
Just type in condos for Schaumburg, & north suburban Chicago then go to Zillow.
You will see price & rent estimate.
You will be asking yourself why would you be playing around with
such an uncertain thing like stocks when you can make rent & appreciation.
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guspenskiy13
976 posts
msg #122247
- Ignore guspenskiy13 |
12/15/2014 11:41:01 AM
I will certainly take a look.
Stocks have too many disadvantages over futures/options. It took me some time to learn it.
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