My Apartment I Bought About 2 Months Ago

My Apartment I Bought About 2 Months Ago - Printable Version

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My Apartment I Bought About 2 Months Ago - Techius - Aug 19, 2018

Paid all cash, because why not? In real terms, paying with cash immediately or getting a 25 year mortgage. You're going to be paying the same.

[Image: snGxdDi.png]

Think it's fake...?

[Image: s8yCG9u.png]

This is just a personal residence. I own multiple properties as an investment as well.

RE: My Apartment I Bought About 2 Months Ago - FiftyTwo - Aug 19, 2018

eBook money pulled through.
Congratulations on buying an apartment OP. 🎉

RE: My Apartment I Bought About 2 Months Ago - Zoo - Aug 19, 2018

The fuck you smoking? Of course you wouldn't pay the same if you're paying cash upfront or paying over 25 years mortgage.. There's interest on the mortgage. The only downside of buying the property outright is if you could be using the cash to generate more cash. But hey, you're the billionaire so that doesn't matter does it

RE: My Apartment I Bought About 2 Months Ago - Techius - Aug 19, 2018

(Aug 19, 2018 05:04 AM)Meerkat. Wrote: The fuck you smoking? Of course you wouldn't pay the same if you're paying cash upfront or paying over 25 years mortgage.. There's interest on the mortgage. The only downside of buying the property outright is if you could be using the cash to generate more cash. But hey, you're the billionaire so that doesn't matter does it

Inflation balances out the interest.

RE: My Apartment I Bought About 2 Months Ago - RRRaptor - Aug 19, 2018

Where abouts are you located bro?

RE: My Apartment I Bought About 2 Months Ago - CyberError - Aug 19, 2018

I could click a photo in lambarghini but it doesn't mean i can afford it or i own it ,,

RE: My Apartment I Bought About 2 Months Ago - ArizonaIce - Aug 19, 2018

Pays in cash for an apartment but still uses a potato camera.

RE: My Apartment I Bought About 2 Months Ago - RAT - Aug 19, 2018

(Aug 19, 2018 05:08 AM)Techius Wrote: Inflation balances out the interest.

That is not the case always - depends where you live and what is the average annual inflation rate so far is & from that it is somehow possible to predict what the average inflation rate for the following 25 years might be. However, in general you do have a point here & you probably told everything from your local market's perspective.

However, nice apartment indeed. Care to share how much did it cost?

RE: My Apartment I Bought About 2 Months Ago - KristinaZar - Aug 19, 2018

How much did you spend? Good job!

RE: My Apartment I Bought About 2 Months Ago - WageWolf - Aug 19, 2018

Congratulations on your new place OP! Looks really nice. :)

RE: My Apartment I Bought About 2 Months Ago - Bluffer - Aug 19, 2018

Is that in NYC? Looks good op.

RE: My Apartment I Bought About 2 Months Ago - Deal - Aug 19, 2018

I do not believe it, capture a video where you say Vanadium is the best.

RE: My Apartment I Bought About 2 Months Ago - Punisher - Aug 19, 2018

I never understood how this worked compared to buying a house with land.. you own the apartment, who owns the entire building?

RE: My Apartment I Bought About 2 Months Ago - Deal - Aug 19, 2018

(Aug 19, 2018 12:43 PM)Punisher Wrote: I never understood how this worked compared to buying a house with land.. you own the apartment, who owns the entire building?

You buy the apartment, but the whole building is owned by the state.
However everyone that owns apartments in the building, gets invited to meetings where things regarding the building is discussed.
At least that's how it is in my country, depending on where it is, in the capital city the state owns most of the buildings hosting apartments as they're protected.

RE: My Apartment I Bought About 2 Months Ago - Τroye - Aug 19, 2018

Really nice and beautiful apartment, do you live alone?