Brotha is a millionaire at 38 off of real estate.
- Thread starter Voice of Reason
- Start date
Btw in the video it says he owns portfolios all over PA while renting an apartment in The Bronx.
But 90% of the coli in every finance thread said you have to own your own home to build wealth
y’all slaves are going to keep ignoring the methods of true millionaires and billionaires and keep taking advice from people who just settled to be working class/middle class lol.
You don’t have to own your own home but the reason why people say this is because your home is a fixed cost. Renting is more volatile in the sense that you could lose your place, rent goes up, etc.
The thought is you live in the house and earn equity to buy the next house. There are other methods but this is probably the more conservative one.
I’ll tell you one thing, most millionaires are not renters. In many cases people spend more on rent than an actual mortgage.
most people talk shyt but I’m living proof of this method with real estate in the multi millions and started over a decade ago.
Rent where you live. Own what you rent.Btw in the video it says he owns portfolios all over PA while renting an apartment in The Bronx.
But 90% of the coli in every finance thread said you have to own your own home to build wealth
y’all slaves are going to keep ignoring the methods of true millionaires and billionaires and keep taking advice from people who just settled to be working class/middle class lol.
Kiyoshi-Dono
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Actually6Foot3
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in NYC some landlord will ask for a reference letter from your current landlord/management company
The state they keep their current home, is a sure sign of how they will treat yours
Actually6Foot3
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Amazing story. Wish I took high school more serious and tbh more black youth need to as well. He saw it as a means to and end. A lot of your future success is set up from the decisions you make at 13-14 years old.
I’m assuming he went to a top school based on his drive, which lead to his IB career and subsequent high salary which afforded him the ability to buy real estate.
I’m assuming he went to a top school based on his drive, which lead to his IB career and subsequent high salary which afforded him the ability to buy real estate.
Different people accrue wealth in different waysBtw in the video it says he owns portfolios all over PA while renting an apartment in The Bronx.
But 90% of the coli in every finance thread said you have to own your own home to build wealth
y’all slaves are going to keep ignoring the methods of true millionaires and billionaires and keep taking advice from people who just settled to be working class/middle class lol.
The absolute vast majority of millionaires outside of NYC own their homes
All billionaires do too.
You’re not one of them, that’s why you’re talking so greasy
Voice of Reason
Veteran
Right, he stacked up his money and said fukk those cacs and got out of corporate America
desjardins
Veteran
this ain’t making the point you think it is
Renters are literally paying for his mortgages….and his rent
What part of this equation is disproving that ownership builds wealth, is this video not about him owning property and being a millionaire as a result
Peter Popoff
Black uptowns and a chess board nıgga
Where does he live at? This is my friend now too.
Peter Popoff
Black uptowns and a chess board nıgga
I wanted to, years ago but I don't like people.
Mike Nasty
Veteran
I'm reading that like how do you not understand your own made up quote
this ain’t making the point you think it is
LOL crying..nikkas be thinking they being practical and smart...nikka
if you dont buy a car 
Beautiful story.