There is a house I walk by occasionally that I absolutely love. It’s old and run down but definitely art deco in a modest kind of way, with round balconies and a gold brick doorway. As a joke, I keep telling people this is my future house.
I say as a joke because I am a broke millennial. I have accepted my fate of never moving past paying rent for a place to live and spending the remainder of my minimalist income on avocado toast and oat milk lattes.
But recently, I saw a “For Sale” sign in front of the house and this is probably my only chance to ever see its art deco interior, if any is left, before it’s all turned into a modern and soulless place.
I have called the seller and I overheard its asking price when they referred to it as the “1.1 million euro house”. They asked twice if that was indeed the one I wanted to visit.
The visit date will be set next week.
Now, how do I sound like I’m the kind of person who doesn’t flinch at the idea of spending a million euros on a house? What questions do I ask? What might they ask me in return? What are things I shouldn’t say?
Some extra information:
- This is in Brussels, Belgium
- A permit was requested to split the house into 5 apartments (2 floors could be built above the existing 3)
- It was originally built as a single family home
Edit: this is the house
The easiest approach would likely be “scouting” on behalf of an associate, perhaps they couldn’t make it and sent you. Take lots of pictures for your associate, and you’re not personally involved with the purchase makes it easier to handwave questions.
If you insist on pretending to be rich keep discussion light, talk about potential renovations, take pictures to send to your designer. Ask about the history of the home, dig for unique characteristics. Inquire about the area and what kind of “crowds” to expect. Don’t dress too fancy, don’t pull up in a 09 civic (park around the block and walk), and if they ask, you made a small fortune trading crypto.
This is the perfect answer OP, a rich person would most likely never want to see a place like this in person, they’d “send someone”
People look at expensive houses more often than not. You can definitely send someone, though, like if you’re looking at a house in a different city and can’t get there just for a showing. We did that once and had our friend do a video chat with us.
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Nothing says “cheap” more than clothes which are pretending to be expensive. If you’re going to dress up, wear your better clothes that are in your normal style.
Personally I wouldn’t bother. Just wear what you normally wear. Not everyone is interested in clothes even if they have money.
Show up in a ripped shirt with a mustard stain on it looking dazed and slightly disinterested, like you already visited 4-5 houses that day.
I thought this would be about being s whole lot more wealthy, so I had questions ready a colleague of mine overheard from a seven year old.
“What is your estate called?”
“How many barrels of land does your family own?”
When it comes to a million euro house, I don’t think you need to behave that differently from what’s your norm. People from every walk of life can come into that kind of money, be it from inheritance, a good job, lucky investment or help from parents. Just pretend it’s a house you can barely afford and ask questions as if you’re considering buying it. Point out flaws. Or don’t, you’re allowed to reserve judgement.
Yeah, this is the normal price of a house in many large cities. It’s a lot mind you, but an adult in a high paying field can get a mortgage that covers that.
You don’t need a million dollars to buy a million dollar house. You need to be able to make a million dollars and enough to live on in 30yrs, or whatever the length of the mortgage is. Someone in their 30s-40s can fit that bill, so just be yourself.
If they ask if you have financing, say yes. If they ask more questions, say you will be glad to discuss that after the tour. Afterwards, just politely say you’re not interested and leave.
“What schools are nearby?”
“Is the walk in humidor full or partial?”
“Can the windows be taken out for moving in large furniture? I own Salvador Dali’s favorite piano.”
“What are the local regulations for a rooftop helicopter platform?”
“At what depth are the subways should I have built a multilevel wine cellar?”
“Can you recommend a personal security firm in the area?”
“What are the permit costs for building an aquarium? Unrelated, but what are the exotic animal laws here?”
“Would it be possible to build a copy of this room, but 1/8th the size?”
“How big is the local Dutch population?”
Is it a problem if I pay in million-dollar bills?
1.1 million sounds like a goal if you can turn this into rental units. Based on the picture heavy renovation is needed, so focus on modification and the status of the permit is the important stuff.
“So, per rental unit, this is much cheaper than the average one in Canada?”
That doesn’t look like a million euro house at all…
Some wealthy people don’t give a shit whether you believe they have wealth. You don’t need to prove anything to anyone until and unless you make an offer. Ask questions, and don’t answer questions. Give vague, short responses and neglect to elaborate.
It also doesn’t matter how you dress or the car you drive. The wealthiest person I’ve ever met dressed in sweat pants or jeans 99% of the time and drove like a 5 year old standard suv most of the time.
I only found out he was rich when I was talking to another employee at the mall where I worked that this guy would regularly come into the jewelry store and drop 25k on watches for friends like once or twice a month.
Once I was in the jewelry store when he and his wife were in to get her ring cleaned and my friend casually asked how much they paid for the ring and he was like idk I got diamond wholesale from a friend in the jewelry trade for 250k and paid some Private designer to design the ring and make it for them by hand.
This is the correct answer. Don’t overthink this. Just go, have a look and that’s it. Tell everybody involved that you don’t have to proof anything if they ask.
I know people who could afford this house easily that walk around like a regular farmer. Sales people having regular contact with wealthy people know this.
“Hi, I’m Vincent Adultman. Just in case you’re wondering, I’m definitely not 3 kids in a trenchcoat pretending to be an adult. Now let’s do a business.”
I’m assuming open houses aren’t a thing in Belgium? In the US, it’s no big deal to walk in to an open house and just tell the agent that you live in the neighborhood, like the house and have always wanted to see the inside. They’re usually pretty chill about that.
Seems like OP had to make a viewing appointment with the showing agent
I don’t have much advice, besides wearing an expensive-looking suit, but if you have the chance to take pics, we want to see the interior too!
1.1M € for this ?!
I can’t really help you, but I do want to say: if you get in I want poctures, that house looks awesome.
Ask if there’s any history of water damage or flooding - it looks like the garage would let water flow down into it. There are visible cracks near the roof. Important things to know to protect your “investment”.
Also, please do follow up. I want to know how this goes.
With pictures, ideally!
I don’t think a rich person who “won’t flinch at spending 1.1 million euros” would actually ask those questions, they’d just spend whatever they need on it lol
Like a 60k repair to them would be like 50$ to you or me
So in your head, people are rich because they throw away their money?
You make a good point. Still, I think it depends. I can see a multi-millionaire caring more about their $50 than the average person. 60k on 1.1mil is more than 5%. And when your primary goal is to gather as much wealth as possible, that matters - that’s 60k that isn’t making them more money, plus time for construction that delays making more money on the investment.
