I consider myself a very lucky person yes.
I consider myself a very lucky person yes.
Originally posted by Thales of Miletus
If you think I have been trying to present myself as intellectually superior, then you truly are a dimwit.
Originally posted by Toma
fact.This quote is hidden because you are ignoring this member. Show Quote
I do NOT like beaches. Public sure, but they are a pain in the ass. Sand, cars, changing cloths, boredom.This quote is hidden because you are ignoring this member. Show Quote
Extremely overrated.
But I guess they are good if you have a hankering to run a hotel out of your multi million dollar property
Originally posted by Thales of Miletus
If you think I have been trying to present myself as intellectually superior, then you truly are a dimwit.
Originally posted by Toma
fact.This quote is hidden because you are ignoring this member. Show Quote
Better idea is to rent the property one month at a time and have fewer hassles and lower TCO.
This quote is hidden because you are ignoring this member. Show Quote
I'd argue this statement. Friends of mine own a few properties in Wailea, very expensive places, they use the properties for a month or two per year among the family and rent them out otherwise. They can very much afford the properties but they also take advantage of renting these ones out due to the demand and rates. ($2800-$5375/night). I had the opportunity to stay at one of the properties several years back for no charge and all I know is that it's well out of my price range if I was paying out of pocket.This quote is hidden because you are ignoring this member. Show Quote
With that being said, they have several other vacation properties in Canada and they don't rent those out. Maui is another story when your rental income can be upwards of a million bucks per year, per unit.
I like neat cars.
You're still sharing.This quote is hidden because you are ignoring this member. Show Quote
You don’t travel I guess, lol.This quote is hidden because you are ignoring this member. Show Quote
I travel. But we've got three kids so the juice isn't worth the squeeze a lot of the time. in general I think traveling is over rated.This quote is hidden because you are ignoring this member. Show Quote
You sound miserable.This quote is hidden because you are ignoring this member. Show Quote
OftenThis quote is hidden because you are ignoring this member. Show Quote
This quote is hidden because you are ignoring this member. Show QuoteThis quote is hidden because you are ignoring this member. Show Quote
I was thinking the same thing. Haha
Maybe that’s why Buster is doing a $250k backyard reno, so he never has to leave his property?
Meanwhile, I’ll continue to share toilets with the rest of the plebs, I know my place.
I like neat cars.
It's a good point actually. I enjoy my work and I don't mind being at home overall. Do I rarely feel the need to "escape" my life.This quote is hidden because you are ignoring this member. Show Quote
Whatever floats your boat I guess.This quote is hidden because you are ignoring this member. Show Quote
From what I have seen, 90_Shelby is living a damn good life.
Pleb life for the win.
I don't mind sharing toilets. I just don't see the distinction between owning a place and renting it to other people and simply renting a place.This quote is hidden because you are ignoring this member. Show Quote
You can make money owning a place and renting it out versus renting a place.This quote is hidden because you are ignoring this member. Show Quote
Seems like a pretty clear distinction to me.
You get to enjoy something that is yours, it pays for itself and appreciates over time. You simply need to be wealthy enough to front the cash at the beginning. Seems like a win win overall.
I like neat cars.
Sounds like a job
I'm with Buster on this one. I'd rather have a different hooker every time I step out. I don't need the hassle of owning a vacation rental. That's why I pay for it to be someone like brad's problem
This quote is hidden because you are ignoring this member. Show Quote
.This quote is hidden because you are ignoring this member. Show Quote
I like neat cars.
I don't pimp my hooker out.
I'm never going to be rich enough in my wildest dreams to have million dollar Hawaiian vacation properties, but the thought of a condo in BC has crossed my mind.This quote is hidden because you are ignoring this member. Show Quote
Ultimately, I'm with Buster on this one. If someone else is going to use/destroy all my shit in my vacation rental property, then I might as well be the one renting and destroying someone else's shit.
Making money and appreciating over time is back to the asset class / investments / leverage debate.
Last edited by Strider; 12-08-2021 at 01:23 AM.
Originally posted by max_boost
Hey baller, any problem money can solve is no problem at all. Don't sweat it.