Houses weren’t built for people, they were built for the banks. People were lied to and told buying a house is a smart investment when it’s not. You aren’t getting paid by the house and you’re only going to turn a profit if you actually sell the house. I get an LLC to buy a home and rent it out to me which gives me better rates.

And you have to be a compete dip shit to believe word that scam artist guido says

https://www.youtube.com/watch?v=7hHI6kYz9So


An LLC pays higher interest rates versus a owner occupied financing rates, fail. Mortgage rates are so low if you think banks are making a killing some how you're a complete tard.

Nobody "told" me buying a house was a good investment.

Seeing the market and watching people make tons of dough did.

Can you lose money? Yes.

Can you make money? Yes. Tons of it.

Right. Keep renting my homes please. I don't buy a house, I buy a block of them. I don't buy a townhouse, I buy a row of them. I don't buy an apartment, I buy the building. Sometimes I develop the whole subdivision.

The USA is the greatest country on Earth and libtarded libtards want to destroy it.

I'm in Fredericksburg for ODP and just bought a lot on the river just because I needed to spend some cash.

President Trump FTW! Wrote:
-------------------------------------------------------
> Right. Keep renting my homes please. I don't buy a
> house, I buy a block of them. I don't buy a
> townhouse, I buy a row of them. I don't buy an
> apartment, I buy the building. Sometimes I develop
> the whole subdivision.
>
> The USA is the greatest country on Earth and
> libtarded libtards want to destroy it.
>
> I'm in Fredericksburg for ODP and just bought a
> lot on the river just because I needed to spend
> some cash.


That's wonderful for you. OP's is arguing the point that it doesn't make sense for the everyday American to buy a home, at least in this area. I don't completely agree with OP, but I do agree with the point that the 30 year mortgage is one of the biggest scams being pitched. One would be better off buying a home in a smaller market, like Pittsburgh, Austin or Boise. Having said that, I hardly believe someone with such a large real estate portfolio as you allege you have would waste time posting here.

gerrymanderer2 (OP) posts several lies on ffu daily - many\.10think he's a fx co gov worker who is getting paid to do it for false DNC democrat "advertising". he floods ffu with useless posts to bump down major news, posts fecal matter, mutilated bodies, child porn, foreign drug ads and sneaker ads, tells people to kill themselves and government should seize them and put them on psych pills in prison - decided by democrat gov of course, promotes kangaroo courthouse trials, gives anti-religious rants, gives satanic ritual rants, posts black males with large dicks on white young females, portends white low birth rate and fall of USA, food tampering/poisoning, and anything possible to DEMORALIZE white people on ffu. (perhaps a chinese prisoner or isis member - but definitely knowledgeable of fx co gov from the inside at times). the website operator has told him "not to post or return" which are still posted - not removed, by the sysop: not because of a political leaning but for continual illegal and gross spam along with messages that are only to demoralize if not kill others. he/she plays at financial terrorism as well: continuall reporting false financial data, and fake emergency please from (fake members of the community he makes up)

g2 is just tryign to waste as much of his opponents time with tactics as possible - part of his paid up job harrassing ffu is as an "OBSTRUCTIONIST"

putting you back in time, to BC living in a tent, while he and democrats SPEND your time

THE TRICK HERE IS THERE IS NO SUCH THING AS A HOME INVESTMENT IN GENERAL (each deal, it's price, is completely unrelated to other ones)

THE TRICK HERE IS THERE IS you can't not put money into it

THE ONLY THING THIS POST IS ABOUT IS OBSTRUCTION and wasting time

you can't not put money into it or your on LA streets in a tent

old town deeds Wrote:
-------------------------------------------------------
> President Trump FTW! Wrote:
> --------------------------------------------------
> -----
> > Right. Keep renting my homes please. I don't buy
> a
> > house, I buy a block of them. I don't buy a
> > townhouse, I buy a row of them. I don't buy an
> > apartment, I buy the building. Sometimes I
> develop
> > the whole subdivision.
> >
> > The USA is the greatest country on Earth and
> > libtarded libtards want to destroy it.
> >
> > I'm in Fredericksburg for ODP and just bought a
> > lot on the river just because I needed to spend
> > some cash.
>
>
> That's wonderful for you. OP's is arguing the
> point that it doesn't make sense for the everyday
> American to buy a home, at least in this area. I
> don't completely agree with OP, but I do agree
> with the point that the 30 year mortgage is one of
> the biggest scams being pitched. One would be
> better off buying a home in a smaller market, like
> Pittsburgh, Austin or Boise. Having said that, I
> hardly believe someone with such a large real
> estate portfolio as you allege you have would
> waste time posting here.

President Trump FTW! is the biggest bullshitter and liar on the forum. The only posters who are worse are the ones who buy it.

old town deeds Wrote:
-------------------------------------------------------
> President Trump FTW! Wrote:
> --------------------------------------------------
> -----
> > Right. Keep renting my homes please. I don't buy
> a
> > house, I buy a block of them. I don't buy a
> > townhouse, I buy a row of them. I don't buy an
> > apartment, I buy the building. Sometimes I
> develop
> > the whole subdivision.
> >
> > The USA is the greatest country on Earth and
> > libtarded libtards want to destroy it.
> >
> > I'm in Fredericksburg for ODP and just bought a
> > lot on the river just because I needed to spend
> > some cash.
>
>
> That's wonderful for you. OP's is arguing the
> point that it doesn't make sense for the everyday
> American to buy a home, at least in this area. I
> don't completely agree with OP, but I do agree
> with the point that the 30 year mortgage is one of
> the biggest scams being pitched. One would be
> better off buying a home in a smaller market, like
> Pittsburgh, Austin or Boise. Having said that, I
> hardly believe someone with such a large real
> estate portfolio as you allege you have would
> waste time posting here.

The 30 year mortgage has been the biggest wealth generator for myself. Why do you think it's a scam?

cheap leverage and sweat equity Wrote:
-------------------------------------------------------
> old town deeds Wrote:
> --------------------------------------------------
> -----
> > President Trump FTW! Wrote:
> >
> --------------------------------------------------
>
> > -----
> > > Right. Keep renting my homes please. I don't
> buy
> > a
> > > house, I buy a block of them. I don't buy a
> > > townhouse, I buy a row of them. I don't buy
> an
> > > apartment, I buy the building. Sometimes I
> > develop
> > > the whole subdivision.
> > >
> > > The USA is the greatest country on Earth and
> > > libtarded libtards want to destroy it.
> > >
> > > I'm in Fredericksburg for ODP and just bought
> a
> > > lot on the river just because I needed to
> spend
> > > some cash.
> >
> >
> > That's wonderful for you. OP's is arguing the
> > point that it doesn't make sense for the
> everyday
> > American to buy a home, at least in this area.
> I
> > don't completely agree with OP, but I do agree
> > with the point that the 30 year mortgage is one
> of
> > the biggest scams being pitched. One would be
> > better off buying a home in a smaller market,
> like
> > Pittsburgh, Austin or Boise. Having said that,
> I
> > hardly believe someone with such a large real
> > estate portfolio as you allege you have would
> > waste time posting here.
>
> The 30 year mortgage has been the biggest wealth
> generator for myself. Why do you think it's a
> scam?


Again, circumstances are important. They make sense for a handful of people. If you are particularly well off, they work just fine. The average Joe however doesn’t get a ton out of it, especially if they don’t have any intention to sell .

Buying run down townhomes in Manassas and paying Illegals to fix them up then renting those townhouses to Illegals has made me a small fortune.

low rent investor Wrote:
-------------------------------------------------------
> Buying run down townhomes in Manassas and paying
> Illegals to fix them up then renting those
> townhouses to Illegals has made me a small
> fortune.


Your parents died and you rent their townhouse. Yep, you’re on the way to millions. But I enjoyed the illegals capitalized.

Grant Cardone Wrote:
-------------------------------------------------------
> Houses weren’t built for people, they were built
> for the banks. People were lied to and told buying
> a house is a smart investment when it’s not. You
> aren’t getting paid by the house and you’re
> only going to turn a profit if you actually sell
> the house. I get an LLC to buy a home and rent it
> out to me which gives me better rates.


I got a 20 year loan on mine at 4.1% The rates can not get much lower than that.

BSB Wrote:
-------------------------------------------------------
> cheap leverage and sweat equity Wrote:
> --------------------------------------------------
> -----
> > old town deeds Wrote:
> >
> --------------------------------------------------
>
> > -----
> > > President Trump FTW! Wrote:
> > >
> >
> --------------------------------------------------
>
> >
> > > -----
> > > > Right. Keep renting my homes please. I
> don't
> > buy
> > > a
> > > > house, I buy a block of them. I don't buy a
> > > > townhouse, I buy a row of them. I don't buy
> > an
> > > > apartment, I buy the building. Sometimes I
> > > develop
> > > > the whole subdivision.
> > > >
> > > > The USA is the greatest country on Earth
> and
> > > > libtarded libtards want to destroy it.
> > > >
> > > > I'm in Fredericksburg for ODP and just
> bought
> > a
> > > > lot on the river just because I needed to
> > spend
> > > > some cash.
> > >
> > >
> > > That's wonderful for you. OP's is arguing the
> > > point that it doesn't make sense for the
> > everyday
> > > American to buy a home, at least in this
> area.
> > I
> > > don't completely agree with OP, but I do
> agree
> > > with the point that the 30 year mortgage is
> one
> > of
> > > the biggest scams being pitched. One would be
> > > better off buying a home in a smaller market,
> > like
> > > Pittsburgh, Austin or Boise. Having said
> that,
> > I
> > > hardly believe someone with such a large real
> > > estate portfolio as you allege you have would
> > > waste time posting here.
> >
> > The 30 year mortgage has been the biggest
> wealth
> > generator for myself. Why do you think it's a
> > scam?
>
>
> Again, circumstances are important. They make
> sense for a handful of people. If you are
> particularly well off, they work just fine. The
> average Joe however doesn’t get a ton out of it,
> especially if they don’t have any intention to
> sell .

Rich or poor, a low fixed rate, tax deductible 30 year mortgage is an amazing tool. You would have to be financially inept to go for a 15 year or worse, pay with cash. Doesn't take a genius to invest in an index fund while keeping the mortgage. My effective interest rates across my properties are 3.1%, rental returns are north of 20% and equities 14% CAGR (core holdings VTI + QQQ). If you don't have any intentions to sell a 30 year would make even more sense. I rarely sell and all my properties have 30 year mortgages.

If only this would happen
Attachments:

People who don't understand mortgage deductions are libtarded and should never ever stop renting from me.

For me, the house is a good investment because I have stability. I bought it some months ago and I am very happy that I did it. Yes, I spent a good amount of money on it and I had nothing left in my pocket but we live in the modern world where you can make money easily if you know how to use the computer. I began looking on the Internet and I came across yourmoneygeek.com where I found many useful ways to make money. I chose to sell online photos because I love to take photos when I travel somewhere. Now it brings a good income and in 2 years I could buy another house for renting it.



Edited 1 time(s). Last edit at 03/31/2020 06:45PM by Adam1111R.

President Trump FTW! Wrote:
-------------------------------------------------------
> People who don't understand mortgage deductions
> are libtarded and should never ever stop renting
> from me.


Trump screwed that up too

Just sayn Wrote:
-------------------------------------------------------
> President Trump FTW! Wrote:
> --------------------------------------------------
> -----
> > People who don't understand mortgage deductions
> > are libtarded and should never ever stop
> renting
> > from me.
>
>
> Trump screwed that up too


Oh the irony. You just proved his point.

It just might be in overpriced shitholes like Fairfax County where due to this current pandemic people are starting to realize distant learning and employment over the internet are beginning to make sense. Now like rats fleeing a sinking ship, people will begin looking around at more desirable places like NC, WVa or even Idaho, Tumbling property values in the aftermath of Coronavirus could turn your biggest investment into a nightmare worse than finding yourself married to a fat woman.

It depends where are you living or where you want to buy a house or another type of property. As far as I know, you don't have to do that in an European country. To be honest, my parents are living in Europe and I was looking for a brand new apartment as a gift for their wedding anniversary. 40 years of marriage and they are still together and I hope they love each other as they were when they got married. To cut it short, I found some brilliant offers on the market, and I thought it would be nice to buy them a new-build apartment on the shore. It doesn't cost much nearly 62000 euros. I think this is a great price for a new- build apartment on the black sea shore. Oh, by the way, if there are other people who will be interested to buy a new house or an apartment, I would really recommend you to visit this site Varna properties in Suprimmo.net and to take a closer look. You will never find a better proposal, and you won't have to show your financial capacity, so this might be the best solution for you

Hello. According to https://www.investorgreg.net/ financial portal, investment in real estate is very promising nowadays. Especially I think it is good idea due to covid quarantine and world financial crisis. I recommend to research this site, you can find really good offers here! Good luck!

if you are going to spend 2k a month on rent, why not spend 2k on a mortgage and get a deduction for the interest and property tax from income and earn equity ?

a lot of people buy another house and rent out the old one and do this a few times so they have 2 or more houses to generate income although dealing with renters can be a pain

the banks make a killing on mortgage because they are not loaning their money...they borrow money from fed reserve at basically 0 interest
look at the amount you pay on interest each year especially the first year and over the life of the loan and that is almost ALL profit the bank makes minus paper processing fees

OP is just looking for excuses not to move out of mommy's basement ;)

get off your azz OP and live life in MAGA USA !

Gerrymanderer2 (G2, the OP original poster or spammer just above, perhaps both) posts several lies on ffu daily - many think he's a fx co gov worker who is getting paid to do it for false DNC democrat "advertising". He floods ffu with useless posts to bump down major news, demoralize americans. G2 posts fecal matter, mutilated bodies, child porn, foreign drug ads and sneaker ads, tells people to kill themselves and government should seize them and put them on psych pills in prison without a trial - decided by DNC democrats gov workers, promotes kangaroo courthouse trials, gives anti-religious rants, gives satanic ritual rants, posts black males with large dicks on white young females, portends white low birth rate and fall of USA whites, suggestive of food tampering/poisoning to solve the white problem, and anything possible to demoralize any americans on ffu - all of which are fake news he never responds to proofs it is fake. (perhaps g2 is a chinese prisoner or isis member - but definitely knowledgeable of fx co gov from the inside at times). The website operator has told him "not to post or return" (in an existing post by the sysop): not because of a political leaning but for continual illegal and gross spam along with messages that are only to demoralize if not kill others. G2 plays at financial terrorism as well; continually reporting fake and false financial data. G2 fakes emergency pleas to deaden the real response to any real one - like a devil. G2 continually spams FFU - which all users complain of: it is a real DoS attack - the attacks are not just topic bumps but designed to inject key words to kill ffu and google search results. G2 continually promotes drug use, alcoholic experimentation, and tries to convince members to meet hookers using photos from the 1990's (i doubt any that did are not arrested or dead). G2 continually posts racist posts and gay posts egging others to comment - then attacks who does - AND RECORDS IT (likely for political extortion). G2 and dems MONITOR AND RECORD* "conservatives who blast out these democrat lies and illegal abuse of telephone privilege (sometimes in a raw manner, being so jaded by the job)" (users who object to G2's actions listed so far). One ffu member discovered a south american country recording FFU databasing all posts in a non-chat database format - and when questioned - another member quickly said it was all coincidence and that this was done everywhere in the world on all sites: WHICH IS A LIE. Not all countries record the every word of what fairfaxians say on blogs. Extortion is also mentioned by G2. And the idea he's fishing for comments he can use against anyone who'd run for office is "just assume he's in that business" - and i've warned others that is what he fishes for - excuses to attack conservatives and or to extort them.

SOME POSTERS ON FFU FEEL G2 IS A JOKER: I ASSURE YOU THE ABOVE COMPLAINTS ARE GENUINELY A THREAT TO ONLOOKERS (THE UN-INTIATED), NON-DEMOCRATS, AND TO ANYONE STATING THAT LAWS SHOULD BE IMPOSED ON DEMOCRATS EQUALLY AS DEMOCRATS IMPOSE THEM ON OTHERS: MONEY

LEGAL NOTICE: DEMOCRATS HAVE `SWATTED' THE HOMES OF SOME FFU POSTS WHO REFUTE G2 AND CALL DEMS OUT ON THEFT AND LIES - AND EXPOSE THE LAWS THEY COULD BE PROSECUTED FOR BREACH OF TRUST. THAT'S A CONFIRMED WITNESSED FACT. IT IS NO JOKE WHAT G2 IS DOING. HIS CONTINUAL FISHING IS NOT IDLE - THEY ARE TRIGGERED AND ARMED. which i've warned others about since, about 2010 - that G2 is fishing for men to "erase" politically, by any means available to him


G2 has now been wimpering that anti-G2 posts are "unfair" and that users who protest G2 should be blocked, SWATTED (see above), and forced on medications (see above), and that "someone else is G2". However - do not let the vicious foreign attacker fool you into your death our out of your community: G2 has been active since exactly the beginning of 2017 "hillary has already won the election" set of lies and has only DOUBLED spam recently - yes the suicide taunting of others, false information, and all else listed above. He is not wimpering for help he has doubled the spam and vicious attacks (or they, communist/facist using federal money. I pinned him correctly when I began this warning post.

GO BACK TO HELL G2. YOU ARE EXPOSED.

IS THAT WHY ASIANS GROWTH OF TOWN-HOME TOWNHOUSE OWNDERSHIP IN USA EXCEEDED THAT OF ANY OTHER RACE BY SEVERAL OR EVEN HUNDREDS OF TIMES?

BECAUSE IT'S STUPID

DROP DEAD G2. GET OFF OF FFU

Adam1111R Wrote:
-------------------------------------------------------
> For me, the house is a good investment because I
> have stability. I bought it some months ago and I
> am very happy that I did it. Yes, I spent a good
> amount of money on it and I had nothing left in my
> pocket but we live in the modern world where you
> can make money easily if you know how to use the
> computer. I began looking on the Internet and I
> came across href="https://yourmoneygeek.com/how-to-make-money-
> fast-easy/">yourmoneygeek.com where I found
> many useful ways to make money. I chose to sell
> online photos because I love to take photos when I
> travel somewhere. Now it brings a good income and
> in 2 years I could buy another house for renting
> it.



Keep your shitty malware-infested links off this site

Eat shit and die spammer