Millennials are apparently born between 81 and 96. So I think that is just a meme and a good amount of younger people are just bad with money. It is definitely doable in a lot of parts of the country. The recession definitely did not do is any favors though.
Yea Forums, how old were you when you first bought a house? Did you sell it or rent it out?
No, paying someone else's mortgage is insane. If you want a decent house in Hawaii you need to pay for a decent house. My buddy is E5 and single and profiting. He bought it because an e6 we know did the same thing when he started and every srb would buy another property. Dude hasn't touched a navy paycheck in over a decade because he's making $40k a month off of properties.
You're a fuckin retard.
Explain
I feel like it's just a meme too because why would gen Z kids be able to afford homes while millennials cannot?
Bought a triplex at 23, lived in one unit rented out the other two. Bought a second rental property (two houses on same property) 1 year later. Bought a new condo 1 year after that, it was just a down payment, builder actually went bankrupt and the project got put on hold, it's being built now and almost complete. Bought my own house 1 year after the condo that I currently live in. Sold the triplex, but a workshop in my backyard. Currently in the process of buying a cottage for personal use. Also looking for another rental property at the moment.
If you want more details or any questions feel free to ask.
Where do you live and what do you do?
i kinda want to buy a house, or an apartment as long as it is cheap i would take it.
Thing is, i dont know ANYTHING about that kind of stuff. What should i look at when picking one? Again the idea is for it to be cheap but not a fucking shit hole.
This is that good shit. How much profit have you made off your properties?
Look into mortgage programs or read up on traditional mortgages. Look into a real estate agent you trust or ask friends and family to recommend one. Once you are pre qualified for a mortgage take like 30% off the max they quote you on so you aren't strapped monthly and just look at a ton of houses. Its free to look and find something you are happy with. That is the basic gist anyway.