All Forum Posts by: Shashi P.

 That would depend - if you for instance saw your houses skyrocket as they did in the in Dallas. Did you refinance and pull the cash out to buy more properties - then perhaps it’s deserved. But if you were responsible - then no.

We are getting stuck in semantics. You can phrase it saying I wish you all lost your stuff. Which sounds bad. I can and will phrase it as “I hope the real estate prices become lower so I can buy in”  sounds nice finance like but it’s the same thing.

Also I am not actively making anything happen for you all to loose stuff  - I am just hoping for it so the prices go lower.

Why didn’t you help the banks out?? Offer them more than asking price in your day - bet you bargained then right down to the bone - you knew they were desperate and savored every advantage you could from it. You know the last crash was a bloodbath for many smaller banks right? Those are people - those are jobs - those are families. Easy to point fingers at the rats and vultures like the rest of us when you already done the same and already built up the fat reserves. 

I am not a horrible person. I didn’t create Coronavirus. I did start a business which has generated a lot of cash in the past few years along with my job before that. I saved it and say out 2018 and 2019 and felt stupid missing those upswings because I thought a crash would come. Now it’s here and I will enrich myself off of this - like you. I didn’t create the Coronavirus - the Chinese did. Call them horrible - not me. We are Both Americans, let us stock together against the real enemy - the country who has stolen our jobs and now given us this virus - the criminal Communist leadership is to blame here.  

You are the same breed that I am. You built your wealth off the backs of the misery and suffering that was the 2008 real estate crash - where investors and normal people alike lost their homes. The banks then put the houses out on market for 30 cents on the dollar in some places. You bought in 2009-2013. You are just the same as I am - you caught the upswing on a different crash than me. But you are the same.  I sit now with money and this is my time.   Why are you so appalled - this is the cycle right?? Investors = buy low, sell high.  Is this the whole game. So yes I am hoping everyone looses their houses so I could do what you all chose to do in 2010 - mercilessly offer 150k for a house that was worth 350-400 just 2 years ago (or were you generous enough to offer 350?) no you weren’t because you are a investor.

Investors are vulture looking for dead carcasses that can someday become racehorses.  

oh I am not calling you a monster. But you will be viewed as one by the courts. Seriously brother - don’t go to a housing court - they are going trim off landlord eyebrows there and spit on your firstborn - even if you had good reason to evict. You CANNOT get an eviction through right now.

 I get you man. The reason the renters are treated differently is because you are one vote compared to renters which Are likely 10 times more votes. I wouldn’t bother helping your kind for bad headlines if I was a politician. 

@Paul Doherty this is what every investor in this country deserves. This is the culture in America: Leverage leverage leverage leverage leverage leverage. The hedge fund SOBs levered up the markets and now that the apocalypse happen the companies will come out and steal tax payer money to stay alive. After atrocious corporate buybacks for the past 6 months.

I heard the markets been great for landlords for the past few years - should have saved.

Yes I am also an investor - and I am ashamed at the way “investing” works in the world now - investing with other peoples money. You deserves to lose the property - this is fundamentally the risk you engaged in when you used leverage instead of paying for the house in cash. You thought there would be no downside??

I swear if there is a sickle and hammer on the American flag anytime soon - we “investors” and greedy walstreet scrimmages and greedy corporations literally helped design the flag.

@Cynthia Brooks I am somewhat excited. I have always thought it was unfair that a bunch of people got into real estate in 2013 timeframe and got houses super cheap and then enjoyed all the appreciation. I was sitting with my money waiting for a crash and the business is also throwing out cash. I want a crash in the real estate market like in stocks - I also deserve an opportunity to get in on the money machine. I understand that affects people on this site. I just want us to acknowledge all the good things that will come from this - wealth will be transferred to people who didn’t get a chance to get in during 2013.

@Brian Boyd good luck getting away with it without becoming a monster. Honestly, that’s how you will be framed - good luck getting evictions through. Even an eviction in process before this mess are now held up.

@Michael Plaks

I know but The business has grown up so fast. But like every year I want to buy 6million dollars in real estate with a 1.5 mill down payment - for instance.

Please let me know how I can do that so I essentially have 0 percent taxable income.

So “someone” has a business that is throwing out nearly 1.5 million dollars profit per year after reinvestment into business. 
 Now taxation is horrid in this income. 

So I can obviously lease the office building back to my company for a non-audit triggering amount. 

Now This person doesn’t need a single dollar of this income because his wife is a cardiologist and makes more than enough. 

Please tell me how EXACTLY someone can buy and accumulate real estate non-stop and pay no taxes due to deductions. Or low tax. Because real estate purchase are an investment and not a business investment.

Please help!!!!