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Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?

To: rnsmth who wrote (140912)	9/16/2012 8:11:50 PM
From: Edward Boghosian	3 Recommendations Respond to of 213176

msmth: OT Very true about the debacle but I'm talking about rental property whether it be business property or apartment(s) or apartment houses with a number of apartments. The numbers have to add up properly-net positive cash flow. When the market was hot, every Tom, Dick and Harry were flipping. That works when the market is going up continuously. There's no brains for that. I'm sure a lot of those people got caught with their pants down. I firmly believe from what I've seen and read about the real estate market that large fortunes can be made by accumulating rental property or building apartments yourself if you're in the big time. I'm not talking about private homes. I know someone who has a two hundred apartment building with 3 custodians and is looking for a super who can take care of things and oversee the others and he's having trouble finding one. He's not selling the apartment because it's probably a net, net positive. But that's the breaks of the business. Nothing comes easy unless you're born into it. I would say that all of us who have invested in Apple are lucky that it has turned out the way it has up to now. Having invested in it very early is a one in a lifetime successful crap shoot.