All Forum Posts by: Dan Estrada

As far as I know, every fiat currency has fallen since Julius Caesar invented the first. The "Apocalypse thread" reminded me of a question I have been wondering about for a long time.

This is the digital age and currency is now more ephemeral and malleable than ever. It is issued and transferred as electrons and pulses of light in computers over digital networks and recorded. This is something never before seen in history and makes me wonder:

CAN the dollar go bust in a hyperinflation or a deflation?

Let's have some debate. It just might be the most important economic question of the next few years.

I'm no country fan but I like the soul and passion in that one. That's a new version of an old song.

something that has been missed here is the opportunity cost. If you have credit tied up in a home you are occupying it isn't available to use investing and has a cost to it. How much cashflow and equity can you buy in your rental investment area with the money you would be spending on a home. You can depreciate as well as cashflow the rentals and that should easily mitigate the interest deduction on a home if you are wise.

Rich Dad Poor Dad.

Understanding fundamental investing and how the rich THINK is the peredyne shift you will need to allow you to become rich. Once you understand and build your "passive" income base, you can focus on "technical investing" which is reading the market and knowing when to sell and move on to the next phase of your investing and/or business.

Merry christmas!

- Just getting ahead for next year.... :wink:

Tim - Homer Simpson would be proud!

I'm sure we could supply a small deserted island with small arms and munitions somewhere. :wink:

Illinois also needs a Governor....

Say, I was counting on you to keep your state red... why not come and swing this state?

They broke the lease, their agreement, and their word by being late. This is reason #1 for you to mistrust them. They moved others in without permission. This also broke your lease. Each time they break the lease they are disrespecting the agreement and, by extension, you. Each time they disrespect your lease, you must respond with serious legal force or they will keep pushing the envelope further.

As Tim said - I feel your pain. However, you must get control of the situation and tenants by filing. I'd get the legal counsel and find out your recourse and get VERY familiar with local landlord/tenant laws FAST.

I get the feeling from your posts that you are getting motivated due to the upcoming vacancy and tax bill that is due. If that is true, watch out. People make very bad decisions based on emotion.

Get educated about the local laws and your recourse and make a logical decision.

Good luck!