Message from @Matthew

Discord ID: 448138087432716288


2018-05-21 14:56:47 UTC  

damn i never wanna go into debt

2018-05-21 14:56:49 UTC  

but he told me he got 70% of it covered

2018-05-21 14:57:15 UTC  

and couldve done it but wanted to have money to actually invest *inside* the apartment

2018-05-21 14:57:25 UTC  

damn i never know what to invest in

2018-05-21 14:58:01 UTC  

no I mean invest into things for the apartment

2018-05-21 14:58:20 UTC  

oh

2018-05-21 14:58:24 UTC  

Condo or apartment?

2018-05-21 14:58:25 UTC  

flooring, furniture, etc

2018-05-21 14:58:26 UTC  

should i buy shares of cdpr

2018-05-21 14:58:44 UTC  

@spaqin only a very small amount of people actually pay off the entirety of a mortgage. Most keep the house until they need to upgrade, sell it at profit, pay off the loan, and use the remainder as a down payment on the new house

2018-05-21 14:58:52 UTC  

@johnfrum apartment I think?

2018-05-21 14:58:56 UTC  

whats the difference

2018-05-21 14:59:06 UTC  

Condo you own, apartment you rent

2018-05-21 14:59:21 UTC  

well he owns it but on a lease

2018-05-21 14:59:39 UTC  

no rent?

2018-05-21 14:59:49 UTC  

well he pays the bank

2018-05-21 14:59:50 UTC  

My house has risen about 45k in value in the last 3 years just from the area and inflation

2018-05-21 15:00:08 UTC  

good investment

2018-05-21 15:00:34 UTC  

yeah my parents got mortgage but also pay rent to the building owner hmmmmmm

2018-05-21 15:00:40 UTC  

The value determining guy (can't remember their name) hasn't even seen the upgrades INSIDE the house

2018-05-21 15:00:46 UTC  

<:thvnk:332928260004642827>

2018-05-21 15:00:51 UTC  

Normal in a apartment @spaqin

2018-05-21 15:00:52 UTC  

That doesn't sound quite right

2018-05-21 15:00:53 UTC  

yeah

2018-05-21 15:00:56 UTC  

it's normal

2018-05-21 15:01:00 UTC  

u know

2018-05-21 15:01:05 UTC  

It's called ground rent in the UK

2018-05-21 15:01:08 UTC  

pay for the lift and other services

2018-05-21 15:01:12 UTC  

outside your own apartment

2018-05-21 15:01:23 UTC  

Is there anything Brits don't get fined for 😂

2018-05-21 15:02:20 UTC  

oy m8 wheres your elevator loicense

2018-05-21 15:02:31 UTC  

😂

2018-05-21 15:02:39 UTC  

oi, you hav a loicense for that ground ?

2018-05-21 15:03:46 UTC  

Hand over the license

2018-05-21 15:03:46 UTC  

Also still pay rent if your doing shared ownership (where you only buy half of the flat as you can't afford the rent)

2018-05-21 15:05:07 UTC  

>is there anything Brits don't get fined for 😂
Criticizing the majesty and her lovely country?
£80 fine @Matthew

2018-05-21 15:07:03 UTC  

@Matthew appraiser

2018-05-21 15:08:52 UTC  

@johnfrum that's the word, ty

2018-05-21 15:09:52 UTC  

Also, I don't live anywhere near Little Somalia. I live within sight of the Minneapolis VA and the airport. It's a pretty white and nice area

2018-05-21 15:11:10 UTC  

House values are going down in my area, sometimes as low as 20% from 5 years ago and these look somewhat renovated and there hasent been anything to indicate why it would go down.

2018-05-21 15:11:26 UTC  

Should've bought a house in 2008