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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: ggamer who wrote (48751)	1/5/2006 1:52:18 AM
From: John Vosilla	Respond to of 110194

I can't fathom what you do with 18 high end properties like that. I guess 1% pay rates with still negative cash flow where the rent probably doesn't even cover RE taxes and insurance and make it up with 20% appreciation per year on the back end was never in all the books I read and methods I used in the good old days..

To: ggamer who wrote (48751)	1/11/2006 1:38:45 PM
From: GraceZ	Respond to of 110194

There are always the Donald Trump types in RE, the leverage attracts these kinds of people but it also busts them eventually. In the end, when you are counting up savings, what is left is what was put in and not consumed. The dollar figures are just that, dollar figures. The real underlying asset is what is saved even if the loan exceeds this in dollar amounts. It's a difficult concept, but savings isn't the dollar value it is the production which isn't eaten. Your cousin and brother in law haven't added or subtracted anything unless they added to the real value of their properties. Their game is all paper.