Wow. Just wow. Link to where I said "rent will go to $0" or STFU. Your strawmen are getting worse and worse these days, Denny. It's actually...
No, I'm absolutely not. You just can't understand the real issue. I'm saying it is silly to assume rents will never go down. Yes, this is like...
:biglaugh: Was there past performance, before Black Monday in 1987, that said the market would crash by 22% in a single day? People would have said...
I'll spell it out for you, since you are clearly confused: Past performance is not indicative of future performance. Mindsets like yours on this...
Cool story bro. If you cut off the chart at 2006, the "buy" plot would look pretty amazing too.
Good idea, because you're losing...badly. When the "16%" is based on faulty assumptions and incomplete analysis, THAT should be your red flag. Not...
Agreed. And to increase page views.
Yes, it is.
That is a terrible analysis.
But they just couldn't manage to do so in 2009. You were the only person looking at real estate with $60k in cash in 2009. That's why the 25%,...
Like Maxiep said, it isn't unlikely that you made the investment you're talking about. What is ridiculous are your claims that: - Rents will never...
Here in Silicon Valley, outside investors are buying up $XXX millions in real estate with negative monthly cashflow, with all cash purchases. But...
Can you show us the math for IRR given the numbers you previously claimed?
Yes, I know. Much more than you claim. Yes, because past performance is indicative of future performance, right? Then you should have bought...
You made the claim with your "math" earlier of getting $1500 / month on a $60k purchase and an ROI of less than 4 years.
And there won't be layoffs of those workers. And those workers won't consider living with roomates during a downturn which decreases demand for...
I also like the part of the "math" where property taxes, maintenance costs, association fees, utilities (in some cases) and vacant months are...
AGNC (reit) pays a 18% dividend. Buy all you can with leverage. WHO CARES IF THE PRICE GOES TO $0?
They CAN rise, but there is risk associated with that assumption, which Denny ignores.
Awesome. There are lots of things wrong with that assumption, but let's look at a simple one: You're just assuming that people will be forced to...
Separate names with a comma.
