I find it comical that you choose to dodge the facts of our conversation instead you run away like a jilted 6 year old..
Dodge what facts? I believe that I answered every point in your post! What “fact” did I miss?
Spare me the BS that you bought during this time and paid 50 cents on the dollar..Only newbies believe this line of crap that spews so often out of your mouth...
I AVERAGED 50 cents on the dollar. I bought property as low as 13 cents on the dollar. I find it unbelievable that you would claim that only newbies believe that you can buy property at a discount. Aren’t YOU in the business of buying houses and selling the property/holding the paper? Do you pay retail for your property? C’mon - that’s simply not credible.
My prediction has been the same for a while now incase you have not seen it..I have said we are due for %20 pullback in the markets and then we bounce sideways..But NO I do not feel we fold over and die like you so often predict..
Thank you! So, you’re expecting roughly a 2,200 point decline on the DOW, down to about DOW 9100, and then sideways. Are you shorting the market?
Maybe you can find Joe the plumber in Ohio and get on your tractor and find some trailer park candidates...Surely they will share the same intelligence level because when it comes to economics you are clueless...
Luckily, we have people like you with your superior intellect that can enlighten the rest of us! Thanks for taking the time to talk to us peons. Seriously, it would be nice if I was “clueless” on economics, but unfortunately I am neither clueless, nor do I have my head in the sand. I KNOW that the USA is broke. I KNOW that the USA has over 150 TRILLION in unfunded entitlements that the USA can not pay. I KNOW that when the government can’t keep their entitlement promises and can only pay the debt with imaginary money that the economy WILL collapse. Even I have had Economics 101!
Semi-retired?..Once again you can fool newbies here and I have spoken with people who have seen your *rental empire*..The opinion is the same..You own dumps..
That’s funny. You think that you are insulting me by saying that I own “dumps”. The truth is that about half of the rentals I own ARE low income and the rest are lower-middle to middle income. That’s where the money is!!! All of my rentals are safe and clean, and I pass almost every Section 8 inspection on the first attempt (which is rare). It’s fine with me if you call them “dumps” or anything else you like. Their purpose is to generate cash flow - NOT to impress the cocktail party crowd.
Your tenants as we all know are borderline hobos/bums..
My low income tenants are not borderline anything - they ARE hobos/bums. To be politically correct, I prefer to call them lazy deadbeats, but hobos/bums will suffice. They are the 1/4 (or more) of the American population that is too lazy to work and they live on the taxpayer’s dime through Section 8, SSDI, etc, etc, etc. On second thought, I don’t think hobo or bum is the right term for my low income tenants. Hobo would imply that they move around; catch trains; etc. Most of my lazy deadbeat Section 8/SSDI tenants rarely move at all. They sit home all day watching their big-screen TV and drinking beer. Catching a train - too much work! Likewise, calling them bums isn’t right either. The word bum would imply that they get out of the house and panhandle for food. My lazy deadbeat tenants have SNAP cards (courtesy of the taxpayer) and they certainly don’t have to panhandle for food.
We all know you are carrying 24/7/365..
That might be a little exaggeration. I don’t carry anything when I sleep. LOL! However, you are correct - I do carry my handgun anytime that I leave the house.
Thats what I call a happy retirement..LOL...Catering to your very own penal colony..
I’m not happy because I deal with scumbags, I’m happy because I don’t work very much. But, I’d say that you’re characterization of “catering to your own penal colony” isn’t too far off the mark - although in reality I don’t take anyone with a felony (ever), or more than 2 misdemeanors in the past 3 years, or any drugs in the past 7 years. So, I guess it would have to be a minimum security penal colony.
You need my money to survive,you have no real rental business..You live off the state just like your tenants..Who is the socialist now?...
You’re absolutely right that there is not a low income rental business without taxpayer dollars. The bottom 1/4 to 1/3 of the people in this country survive on government handouts. They get SSDI, welfare, Section 8, food stamps (SNAP cards), free cell phones, and a myriad of other handouts. Without the government handouts - how would they live? They might have to actually get a job and work - and we all know that is simply too much to accept!
As for me being a socialist - RIDICULOUS! Is a contractor a socialist because he builds a road that is paid for with taxpayer money? Are Wall Street Fatcats socialists because the big banks are getting free money from the Fed and lending it back to the treasury at 3% interest? I get paid by the government for providing a service - I don’t get a handout. You should be able to understand the difference.