Is 10 houses too many? Is real estate a good investment? Are tenants an infinite supply of free money? Are all landlords billionaires? Future real estate moguls debate.

1  2020-05-19 by D_Legare

23 comments

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they love to put the stupid in stupid pol

I actually enjoy most of the content there, at least the IDpol stuff that's actually on topic.

Sadly I just got banned for telling someone in this thread the rent is due in 2 weeks, so guess I'll just have to watch from now on.

I was banned a few different times on stupidpol because I was "defending capitalism"

Once cause I said small business owners are in the right for kicking hobos out of their store front. And once cause I said the revolution wasn't coming because c0mm1es are too ineffective and lazy.

Most recently I was banned in early april because I said the primary race was over and Biden already won. I was banned for spreading false information because Bernie was technically still in the race. He ended up dropping out less than a week later. I edited my comment and called the mods phaggets and posted this picture. They permabanned me for that :(

Luckily my one of my "friends" isn't banned so he can still shitpost there

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They really think cashflow is the same as profit...wtf

Assume a landlord owns 10 houses.

Now assume all 10 houses are rented out 12 months a year.

Now assume all tenants pay all their rent.

Now assume the property tax, mortgage, and HOA bills of each house are $0.

Now assume the houses are build out of solid titanium, and take on zero damage from anything ever and require zero upkeep.

Now assume the market value of each house is $0, and the landlord has $0 of capital invested in them, and therefore zero risk.

This is actually how communists think.

How to make a billion dollars: buy 1 billion of something and sell it for $1 each 🍷😏

Literally eBay flippers & drop-shippers

JUST BUY LOW AND SELL HIGH LOL

The a lot of landlords just starting think that too. Their failure rate far exceeds most other entrepreneurs sans food service.

Managing 10 units is a full time job for someone (either owner or hired help)

I’m always amazed how few people know about Gamergate. It’s not only the key to understanding so many violent harassment campaigns going on today, it’s lots of the same people angry about the same stuff using the same playbook.

Snapshots:

  1. Is 10 houses too many? Is real esta... - archive.org, archive.today

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Having fun is fascist sweaty 🙄

The only thing you should be doing is debating theory you haven’t actually read and never will

Since they casually advocate extorting sex for rent, I think they break Reddit TOS and should be banned.

Why are tankies such soulless, humorless retards?

Edit: What I am getting at, is that there was a post that depicted a tenant in the hospital with Covid who was late on his rent. The landlord brought cake to the hospital and told him he was overdue on rent.

Nothing gets past this r3tard.

SWERFS OUT 😠

Yesterday there was a thread on r/stupidpol shitting on economists for putting theory before practicality. Let that sink in. A leftist subreddit was shitting on economists for overvaluing theory.

So I've learned to assume they're all reeeeeeeetards.

stupidpol has always put praxis ahead of theory and purity

A leftist subreddit was shitting on economists for overvaluing theory.

I don’t get it

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