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11 August 2010 | 23 replies
Then they get stuck between really sucky tenants destroying the place and increasingly strict code enforcement demanding they fix the place up.The second group are the sad sacks who didn't get out before the neighborhood tanked and now cannot get out.But surely there must be SOME 'evil geniuses' out there with fat offshore bank accounts who do this succesfully.Perhaps they'll go the late-night infomercial guru route so we can all jump on the gravy train!
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7 December 2010 | 2 replies
She's already supposed to pay $5,000 a year in taxes, so you'll pay at least $6,000 -- my guess.I don't know where this 3/2/1 is located, but right out of the chute you need a monhly rent WAY over $1,000 a month to make this work.My gut tells me there's not enough fat in this deal to make it break-even on cash flow.
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13 August 2009 | 9 replies
I'd take it, along with a fat security deposit.
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12 February 2011 | 13 replies
It is all mathematics after all..Given the cash coming in, constant capital improvements, meaning changing but constant depreciation flow and therefore return with minimal taxes being paid,unwinding earlier must be the result of that emergency need or the said bubble in values resulting in a chance to eat the cap gains, depreciation recapture and still be able to beat that return with a risk free investment of the proceeds left by Uncle Sam and local state taxes.As far as believing a bubble is ever expanding like our universe, well,Hogs get fat, pigs get slaughtered.. as always.
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13 September 2009 | 14 replies
Here's what their socialist health care system pays for: viagra for convicted pedophiles, breast implants for 17 year old girls, and sex change operations.
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4 November 2009 | 23 replies
The fat greedy apartment complex owner?
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14 November 2009 | 4 replies
Yeah, but she's exactly like Obama in that she's a big fat liar...
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8 July 2011 | 7 replies
I have posted some info around looking for private lenders, but could use some tips as to where to look and if my approach is ok.What follows is what I have drafted so fat for preliminary info on the deal.
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7 September 2011 | 18 replies
The last few years have necessarily caused us to focus on shoring up our balance sheet and learn to raise equity capital instead of being dumb, fat, and happy on debt.The silver lining is that those who can figure out how to do things the hard way have a lot less competition and the returns are fatter.