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30 March 2020 | 2 replies
I want to be a damn filthy douchebag that calls good hard working people "the help", travel the world, eat crablegs 24 hours/day and have 5 petite humans massage each of my extremities all at the same time while the sound of waves are crashing onto he sand, DAMNIT.I see people owning 300 doors, 900 doors, 3000 doors.Come on admit it... owning 1000 doors is NOT NORMAL.
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30 March 2020 | 6 replies
And I missed the Dot Com and Bank Crash opportunities to convert -- take a hint, convert when it's down to get more bang for your buck.Now to the topic above: to take the $100K or not?
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30 March 2020 | 2 replies
Since most experts are predicting a worse crash, it maybe safe to assume the same price drops may happen.
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24 April 2020 | 125 replies
I've been alive for the S&L in 87 debacle, the tech bust in 2001, the housing crash in 2008 and now this one.
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30 March 2020 | 0 replies
As Robert Kiyosaki says, massive transfers of wealth occur in economic crashes, so I'm trying to prepare so I will be on the winning side of that transfer!
2 April 2020 | 10 replies
I did a number of seller finance purchases around the 2008 crash, just be careful not to over-leverage yourself and don't do close balloons (5 years + I would recommend).The worst position you can put yourself into is nearly 100% financing, a 3 year balloon, and rapidly dropping prices (like 2008).
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8 February 2021 | 88 replies
In the last crash the appraisers took alot of the blame for "inflating" values.
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10 April 2020 | 84 replies
My least favorite BP line of all time, “I can’t wait for the next crash so I can scoop up all the good deals”.
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27 October 2020 | 22 replies
Financial markets crashed in 2008, real estate market was bottoming out in 2010-11.