@PerrySolem@TheRealEstateG6 $64k purchase price, $9,600 down. Previous owner was renting for $600/mo. Fresh paint & landscape, I leased for $925/mo and sold for $98,750 9 months later.
Gov prints money to give stimulus to the poor
Printing $$ β> inflation β> assets inflate β> rich gets richer
&
Stimulus β> poor buy goods β> goods inflate EBITDA of company β> rich get richer
Stimulus hurts the poor. Never going to get better until population understands that
Starbucks customers have something like $1.4 billion in balances in the Starbucks app at any given time.
We give them a billion and a half dollar loan, no interest, and only ask for it back when we want to buy some 90% margin coffee from em.
Absolutely incredible