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AS, USA
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Posted: 5/1/2024 10:10:49 AM EDT
[Last Edit: CoconutLaCroix]
People complain about Blackstone and all these rental companies buying up homes to rent them out. But as I look through the property owners for the rentals in my area, the majority of homes that aren't being listed by corporations are listed by Indians with phone number that aren't even local. I look up their names on LinkedIn and they universally went to some random school in India, became a consultant at Tata or Infosys and somehow have bought up homes nowhere near where they live and are renting them out. Love watching the country get whored out at every level. Renting a home from Rakesh Raju who lives 800 miles away is definitely preferable to some soulless corporation
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Posted: 5/1/2024 10:14:05 AM EDT
[#1]
They probably bought the home while attending University then moved back home and just rent it out for the income.
I don't see the issue if it's just some rando Indian dude....as they don't have the ability to actually move a market and manipulate it like Zillow, Black Rock etc. |
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VA, USA
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Posted: 5/1/2024 10:17:40 AM EDT
[#2]
Quote HistoryOriginally Posted By midcap: They probably bought the home while attending University then moved back home and just rent it out for the income. I don't see the issue if it's just some rando Indian dude....as they don't have the ability to actually move a market and manipulate it like Zillow, Black Rock etc. Good point. I still believe corporations have no business owning residential properties, and no foreigner should ever be allowed to own American land. |
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AS, USA
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Posted: 5/1/2024 10:18:34 AM EDT
[Last Edit: CoconutLaCroix]
[#3]
Quote HistoryOriginally Posted By midcap: They probably bought the home while attending University then moved back home and just rent it out for the income. I don't see the issue if it's just some rando Indian dude....as they don't have the ability to actually move a market and manipulate it like Zillow, Black Rock etc. |
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Posted: 5/1/2024 10:18:39 AM EDT
[#4]
Free markets and capitalism.
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Posted: 5/1/2024 10:19:53 AM EDT
[#5]
Quote HistoryOriginally Posted By CoconutLaCroix: The nepotism that they exhibit with their hiring practices once entrenched at a company definitely won't be extended to who they rent their homes out to. These neighborhoods are just magically becoming all Indian Quote HistoryOriginally Posted By CoconutLaCroix: Originally Posted By midcap: They probably bought the home while attending University then moved back home and just rent it out for the income. I don't see the issue if it's just some rando Indian dude....as they don't have the ability to actually move a market and manipulate it like Zillow, Black Rock etc. There shoujld be some lawyer that would eat their ass if so I would assume |
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AS, USA
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Posted: 5/1/2024 10:20:31 AM EDT
[#6]
Quote HistoryOriginally Posted By midcap: There shoujld be some lawyer that would eat their ass if so I would assume |
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Posted: 5/1/2024 10:22:18 AM EDT
[#7]
Quote HistoryOriginally Posted By midcap: They probably bought the home while attending University then moved back home and just rent it out for the income. I don't see the issue if it's just some rando Indian dude....as they don't have the ability to actually move a market and manipulate it like Zillow, Black Rock etc. You have to remember to alot of guys on here if they see someone with brown screen they are automatically bad. Doesn't matter that that individual IQ is 2-3 SD's above what theirs is. |
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TX, USA
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Posted: 5/1/2024 10:22:26 AM EDT
[#8]
They're more likely scam postings.
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Posted: 5/1/2024 10:22:57 AM EDT
[#9]
Because they were smart with their money and invested it instead of blowing it on firearms, ammo, and gear that sits in the closet 362 days/year or alcohol that is pissed away 8 hours later?
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AS, USA
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Posted: 5/1/2024 10:25:07 AM EDT
[#10]
Quote HistoryOriginally Posted By StampCollector87: Free markets and capitalism. |
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Posted: 5/1/2024 10:26:37 AM EDT
[#11]
Quote HistoryOriginally Posted By rb889: Good point. I still believe corporations have no business owning residential properties, and no foreigner should ever be allowed to own American land. So you want to join the ranks of China, Indonesia, Nigeria, Philippines, and Thailand? They don't allow foreigners to own land. I would agree if you said foreign governments or agents but not allowing foreign individuals to own land would put us one step closer to being a third world shit hole. |
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AS, USA
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Posted: 5/1/2024 10:26:41 AM EDT
[Last Edit: CoconutLaCroix]
[#12]
Quote HistoryOriginally Posted By StampCollector87: You have to remember to alot of guys on here if they see someone with brown screen they are automatically bad. Doesn't matter that that individual IQ is 2-3 SD's above what theirs is. |
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Posted: 5/1/2024 10:27:18 AM EDT
[#13]
Quote HistoryOriginally Posted By midcap: They probably bought the home while attending University then moved back home and just rent it out for the income. I don't see the issue if it's just some rando Indian dude....as they don't have the ability to actually move a market and manipulate it like Zillow, Black Rock etc. This. |
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USA
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Posted: 5/1/2024 10:27:20 AM EDT
[#14]
Around me in the Northeast, Indians are buying small commercial properties and strip malls and leaving them vacant. I can think of several just on my road.
They lost the anchor store at a strip mall for demanding unrealistic terms as to lease length and cost and now the space has been vacant for several years. They do not understand negotiations eventually must come to an end. There is a window of opportunity that comes and goes but apparently they do not care. The taxes and holding costs must be astronomical. |
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Posted: 5/1/2024 10:29:45 AM EDT
[#15]
Quote HistoryOriginally Posted By wakeboarder: Because they were smart with their money and invested it instead of blowing it on firearms, ammo, and gear that sits in the closet 362 days/year or alcohol that is pissed away 8 hours later? Was thinking the same thing.. when someone asks on here about investing, the first page will refer to RE about 20 times. These folks just buy it, they dont hesitate, they buy it. They see an opportunity and capitalize on it. I see nothing wrong with it and wish I had done the same thing years ago. |
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Posted: 5/1/2024 10:31:37 AM EDT
[#16]
Quote HistoryOriginally Posted By CoconutLaCroix: Enjoy your free markets and capitalism when the demographic that allowed for that is the minority Oh no is the white race going extinct? You know what's funny is I find most foreign born individuals to be harder working and more conservative than many white americans. They want better for their families and want to partake in the american dream where many whites want to live off the government tit and collect a check monthly. But it sounds like you dream of a White ethnostate, America was never meant to be such. |
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Posted: 5/1/2024 10:32:59 AM EDT
[#17]
Originally Posted By CoconutLaCroix: People complain about Blackstone and all these rental companies buying up homes to rent them out. The people making those complaints know f*ck-all about single family residence corporate ownership. Of all the rental properties in the US, only about 30% are owned by corporations...and the vast majority of those "corporations" are single-proprietor LLCs, ergo normal families that own investment properties for family wealth. Big corps like Blackstone own a single-digit percentage of that 30%. Both of these things are old man yelling at cloud. |
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USA
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Posted: 5/1/2024 10:33:10 AM EDT
[#18]
Quote HistoryOriginally Posted By CoconutLaCroix: I hope wherever you live becomes majority Indian and Hispanic. That is the case with where I grew up. Definitely makes you proud to be an American when you feel like a foreigner at home As GD had told me many times: Move to a free state then. |
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USA
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Posted: 5/1/2024 10:33:48 AM EDT
[#19]
Quote HistoryOriginally Posted By wakeboarder: Because they were smart with their money and invested it instead of blowing it on firearms, ammo, and gear that sits in the closet 362 days/year or alcohol that is pissed away 8 hours later? This is your best troll job in all of your 14 years. Guarantee you just cut most here pretty deep |
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USA
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Posted: 5/1/2024 10:34:45 AM EDT
[#20]
Quote HistoryOriginally Posted By CoconutLaCroix: Enjoy your free markets and capitalism when the demographic that allowed for that is the minority Quote HistoryOriginally Posted By CoconutLaCroix: Originally Posted By StampCollector87: Free markets and capitalism. So only white folk should be able to take advantage of capitalism? |
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Posted: 5/1/2024 10:34:45 AM EDT
[#21]
Quote HistoryOriginally Posted By CoconutLaCroix: I hope wherever you live becomes majority Indian and Hispanic. That is the case with where I grew up. Definitely makes you proud to be an American when you feel like a foreigner at home So a POC can not be a American in your eyes? |
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AS, USA
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Posted: 5/1/2024 10:35:07 AM EDT
[#22]
Quote HistoryOriginally Posted By StampCollector87: Oh no is the white race going extinct? You know what's funny is I find most foreign born individuals to be harder working and more conservative than many white americans. They want better for their families and want to partake in the american dream where many whites want to live off the government tit and collect a check monthly. But it sounds like you dream of a White ethnostate, America was never meant to be such. |
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Posted: 5/1/2024 10:35:20 AM EDT
[#23]
Quote HistoryOriginally Posted By StampCollector87: Free markets and capitalism. We don’t gave free markets, we have crony capitalism. And depending on the day you ask me, I might say there should be differences for citizens and everyone else |
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Posted: 5/1/2024 10:36:12 AM EDT
[#24]
I personally don’t care about the skin color of a land owner, but citizenship should be a prerequisite. If a foreign person/corporation/entity violates US law the American taxpayer bears the brunt of the cost to enforce those laws.
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USA
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Posted: 5/1/2024 10:36:42 AM EDT
[#25]
Quote HistoryOriginally Posted By rb889: Good point. I still believe corporations have no business owning residential properties, and no foreigner should ever be allowed to own American land. Quote HistoryOriginally Posted By rb889: Originally Posted By midcap: They probably bought the home while attending University then moved back home and just rent it out for the income. I don't see the issue if it's just some rando Indian dude....as they don't have the ability to actually move a market and manipulate it like Zillow, Black Rock etc. Good point. I still believe corporations have no business owning residential properties, and no foreigner should ever be allowed to own American land. So I shouldn’t be allowed to own the multiple properties that I do in LLCs because it hurts your precious feelings? I should be required to forgo the protections LLCs provide because it makes you upset? |
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TX, USA
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Posted: 5/1/2024 10:37:16 AM EDT
[#26]
I have been running into this a lot too, as we are selling a rental.
They are shell buyers for either a govt or very large overseas company. Also, look up hotels, massive numbers of them are owned by h1b types. |
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Posted: 5/1/2024 10:37:51 AM EDT
[#27]
Quote HistoryOriginally Posted By bradpierson26: We don’t gave free markets, we have crony capitalism. And depending on the day you ask me, I might say there should be differences for citizens and everyone else I would agree with this statement, if we had free markets we wouldn't have lobbyists. |
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Posted: 5/1/2024 10:41:13 AM EDT
[#28]
Quote HistoryOriginally Posted By CoconutLaCroix: Agreed. America has gotten much better since the immigration act of 1965 and mass migration from India. We get it you don't like people that don't look like you, you don't have to keep reaffirming it. |
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Posted: 5/1/2024 10:41:22 AM EDT
[#29]
Quote HistoryOriginally Posted By midcap: They probably bought the home while attending University then moved back home and just rent it out for the income. I don't see the issue if it's just some rando Indian dude....as they don't have the ability to actually move a market and manipulate it like Zillow, Black Rock etc. Don't forget RealPage too. https://www.ar15.com/forums/general/RealPage-The-Illegal-Housing-Cartel-Driving-Up-Your-Rent/5-2721085/ |
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AS, USA
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Posted: 5/1/2024 10:41:52 AM EDT
[#30]
Quote HistoryOriginally Posted By StampCollector87: So a POC can not be an American in your eyes? |
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Posted: 5/1/2024 10:42:22 AM EDT
[#31]
I prepare taxes for a living. Lately, I have prepared returns for a number of Indians living in the U.S., many of whom do own rental properties.
For many of them, the rental properties are their first or second homes. When they advance in their careers and have enough money to buy a new home, or move to a new city/state due to work, they don't sell their starter homes. Instead, they use them as rental properties. That's smart investing in my mind. For a lot of years, career military personnel did the same thing, especially officers and senior NCO's. Whenever they got PCS orders, they kept the old house and rented it out, buying a new home when they got to their next duty station. If they got orders back to a former duty station, they had a place to live and when they retired, they either had a number of paid-for homes which generated monthly income or they could sell them and make a nice profit. |
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AS, USA
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Posted: 5/1/2024 10:43:16 AM EDT
[Last Edit: CoconutLaCroix]
[#32]
Quote HistoryOriginally Posted By StampCollector87: We get it you don't like people that don't look like you, you don't have to keep reaffirming it.  Keep rooting for your own destruction though. Wouldn't want people to think you're intolerant of other cultures that are incompatible with your own. It's not like every other nation and people groups in the world have preferences with who they surround themselves with. As bad as I am, at least I don't support caste systems and arranged marriage  |
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Posted: 5/1/2024 10:44:48 AM EDT
[#33]
Quote HistoryOriginally Posted By CoconutLaCroix: The more we let in, the more free America will get. It makes sense to keep letting in Indians. https://i.postimg.cc/QNft0pWv/IMG-5078.png So H1B's get to vote? |
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WA, USA
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Posted: 5/1/2024 10:46:05 AM EDT
[#34]
Quote HistoryOriginally Posted By rb889: Good point. I still believe corporations have no business owning residential properties, and no foreigner should ever be allowed to own American land. This! |
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Posted: 5/1/2024 10:48:37 AM EDT
[#35]
Around here we are absolutely infested with indians. They can’t drive worth a shit, and they ALL drive Teslas, like it’s some sort of hindu status symbol. And they love to put those yellow “Student Driver” stickers on their cars as though that somehow makes them magically immune from driving like a fucking retard.
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AS, USA
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Posted: 5/1/2024 10:49:58 AM EDT
[Last Edit: CoconutLaCroix]
[#36]
Quote HistoryOriginally Posted By StampCollector87: So H1B's get to vote? |
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Posted: 5/1/2024 10:51:54 AM EDT
[#37]
Quote HistoryOriginally Posted By rb889: Good point. I still believe corporations have no business owning residential properties, and no foreigner should ever be allowed to own American land. Why? All of my rentals are in LLCs. Why can't a company own residential land? And your feelings don't matter. It almost sounds like you are wavering toward the socialist side where corporations are evil and preventing you from ever having a home. |
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Posted: 5/1/2024 10:58:46 AM EDT
[#38]
Quote HistoryOriginally Posted By midcap: They probably bought the home while attending University then moved back home and just rent it out for the income. I don't see the issue if it's just some rando Indian dude....as they don't have the ability to actually move a market and manipulate it like Zillow, Black Rock etc. There is a push at the federal level to address this. The situation you explain is a minor annoyance to the market. But the issue is bigger. What happens when a Chinese billionare buys 250,000ac of farmland and just sits on it to stop American farmers from being able to farm it and feed Americans? That was the issue at hand that started the ball rolling on preventing foreign nationals from holding American realestate. There are problems beyond the individuals you are thinking of that are causing problems that need to be addressed. |
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Posted: 5/1/2024 10:59:35 AM EDT
[#39]
Quote HistoryOriginally Posted By rb889: I still believe corporations have no business owning residential properties, and no foreigner should ever be allowed to own American land. 
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USA
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Posted: 5/1/2024 11:00:48 AM EDT
[#40]
Quote HistoryOriginally Posted By StampCollector87: Oh no is the white race going extinct? You know what's funny is I find most foreign born individuals to be harder working and more conservative than many white americans. They want better for their families and want to partake in the american dream where many whites want to live off the government tit and collect a check monthly. But it sounds like you dream of a White ethnostate, America was never meant to be such. Should white people be allowed to have a country where they are the majority? Being the majority matters. In-group preference is a thing among all people's (with strangely one exception). |
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AS, USA
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Posted: 5/1/2024 11:01:41 AM EDT
[#41]
Quote HistoryOriginally Posted By dropdbombnow: https://www.ar15.com/media/mediaFiles/16397/this-pointing-up-3079547-3091958.gif |
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AS, USA
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Posted: 5/1/2024 11:07:00 AM EDT
[Last Edit: CoconutLaCroix]
[#42]
Quote HistoryOriginally Posted By Paul_Sothern: Should white people be allowed to have a country where they are the majority? Being the majority matters. In-group preference is a thing among all people's (with strangely one exception). Now that's some white people shit |
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Posted: 5/1/2024 11:12:43 AM EDT
[#43]
Quote HistoryOriginally Posted By Paul_Sothern: Should white people be allowed to have a country where they are the majority? Being the majority matters. In-group preference is a thing among all people's (with strangely one exception). So being conservative is a whites only thing? I know tons of minorities that are conservative. But I live in a very conservative state and not some leftist shit hole. Look at Trump's polling numbers with hispanics, he is leading Biden by 6 points. |
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Posted: 5/1/2024 11:14:15 AM EDT
[#44]
Quote HistoryOriginally Posted By CoconutLaCroix: You're delulu if you think they and their children won't be given voters rights. And when they do, they overwhelmingly vote leftist. Hence why we need more of them. They're a great asset to this country and will help America by overwhelmingly voting democrat and buying up more properties. You're a bigot if you disagree. Multiculturalism is the move. Missouri will be much better when it's a minority of whites and a plurality of Hispanics, Indians, Pakistanis, Arabs and Africans. That is what the founders would have wanted. That is true freedom and Americana 
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MI, USA
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Posted: 5/1/2024 11:16:19 AM EDT
[#45]
Quote HistoryOriginally Posted By CoconutLaCroix: The nepotism that they exhibit with their hiring practices once entrenched at a company definitely won't be extended to who they rent their homes out to. These neighborhoods are just magically becoming all Indian Quote HistoryOriginally Posted By CoconutLaCroix: Originally Posted By midcap: They probably bought the home while attending University then moved back home and just rent it out for the income. I don't see the issue if it's just some rando Indian dude....as they don't have the ability to actually move a market and manipulate it like Zillow, Black Rock etc. |
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Posted: 5/1/2024 11:16:25 AM EDT
[Last Edit: AK-12]
[#46]
Quote HistoryOriginally Posted By StampCollector87: So you want to join the ranks of China, Indonesia, Nigeria, Philippines, and Thailand? They don't allow foreigners to own land. I would agree if you said foreign governments or agents but not allowing foreign individuals to own land would put us one step closer to being a third world shit hole.  ETA: holy shit it gets worse
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Posted: 5/1/2024 11:17:59 AM EDT
[#47]
Quote HistoryOriginally Posted By StampCollector87: You have to remember to alot of guys on here if they see someone with brown screen they are automatically bad. Doesn't matter that that individual IQ is 2-3 SD's above what theirs is. The US does not need these H1B people. Cut the H1B and related programs by 98-99.3% and deport them. |
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AS, USA
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Posted: 5/1/2024 11:19:17 AM EDT
[#48]
Quote HistoryOriginally Posted By StampCollector87: So being conservative is a whites only thing? I know tons of minorities that are conservative. But I live in a very conservative state and not some leftist shit hole. Look at Trump's polling numbers with hispanics, he is leading Biden by 6 points. Do you think allowing more people who voted 68% for Biden in the last election is going to make your state more or less conservative? |
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Posted: 5/1/2024 11:19:23 AM EDT
[#49]
Quote HistoryOriginally Posted By StampCollector87: So you want to join the ranks of China, Indonesia, Nigeria, Philippines, and Thailand? They don't allow foreigners to own land. I would agree if you said foreign governments or agents but not allowing foreign individuals to own land would put us one step closer to being a third world shit hole. Why are you defending these foreigners? Deport all of them. |
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MI, USA
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Posted: 5/1/2024 11:19:47 AM EDT
[Last Edit: Prijador]
[#50]
Quote HistoryOriginally Posted By midcap: There shoujld be some lawyer that would eat their ass if so I would assume Quote HistoryOriginally Posted By midcap: Originally Posted By CoconutLaCroix: Originally Posted By midcap: They probably bought the home while attending University then moved back home and just rent it out for the income. I don't see the issue if it's just some rando Indian dude....as they don't have the ability to actually move a market and manipulate it like Zillow, Black Rock etc. There shoujld be some lawyer that would eat their ass if so I would assume lol, Not when the rental property is only “advertised” via word of mouth to someone’s “cousin”. |
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