@kenmcelroy Just hold out a little to see if interest rates change any further. We have some condos that haven’t made any equity, but we swamped them with better deals that drown the bad ones. (Our portfolio is now over $70m after 21 years in the business). You can pull through my friend.
@NeilShenvi Lewis’s quote is enlightening. What motivates our stance on such issues? When it comes to extremes, there seems to me to be a motivational split between those who ‘want to be liked’ and those who feel justification to hate. Our motivation should surely be truth, grace & holiness
@robdix Renting offers flexibility, and in many areas can be a cheaper option than buying. Buying as a main residence offers tax free gains, hedged against inflation.
@kenmcelroy We had a call from a tenant to say he couldn’t pay his rent because he was dead and I’m his identical twin brother. The call was from his mothers house who had previously died (twice) and who answered the phone when we called back.
@realdaveakerman @elonmusk Dave, I’m sure Theresa will let you and the kids go for a ride in her Tesla, but we’re still waiting for delivery of the time machine. Will let you know as soon as the prototype arrives.
Let’s hear it for George Müller (who died 121 yrs ago today). He:
- cared for 10,024 orphans
- started 117 schools
- educated 120,000 children
Some of his contemporaries accused him of ‘raising the poor above their natural station in life.’