@TheOGOutlaw@VladTheInflator This is the new reality, hard assets are only going to continue to go up. Old cash, and you lose buy by things and you will preserve wealth. You don’t think there is going to be more massive money printing to prop up the system? We will be wishing we bought houses early.
@VladTheInflator They bought at a really great price, when we look back 10 years from now, we two will wish we had gotten more. Pretty much more of every hard asset. There is unringing the bell this time.
@realAAAbbott@CoFoundersNik If the economy goes into a recession, they are only going to print more money and lower rates. This is the beginning of hyper inflation lockdown your hard assets now.
@CoFoundersNik@jwfavors This is the endgame, asset prices are only going to continue to rise. You want to hold real estate and other hard assets and not have your money in cash because it is being destroyed. There is no unringing the bell.
@CoFoundersNik@ThinkAppraiser You should have never sold it, California is the pinnacle of real estate. Once you buy here you stay here because the money is going to continue to go up. Probably the easiest market to invest in because of the constant huge returns.
@Evautoalex@realismtold To omit knowledge that you had from the auction, and not pass it onto your buyer is considered to be non-disclosure of a material fact. If I was you, I would remove this post entirely. I would be more afraid of the legal fees in the car.
@Evautoalex@BELSER01@BrooklynBoyB Why would you not tell your customer? They are going to subpoena the other Dealer for their records and ask them what knowledge they have of the damage. Legal fees will be more than the car is worth.
@VCHesBack@Evautoalex The auction discloses this on the board and most cases, this is because the selling party/other dealer does not want the buying Dealer to come after them for the damage.
@JrCue@Evautoalex Agreed. The Dealer will most likely lose this depending on the state he is in. He is a sophisticated buyer selling to an unsophisticated consumer.
@Evautoalex Lawyer can definitely take this one if you failed to disclose damage that was made public to you through the auction. This vehicle probably ran as a red light or a caution light. Always disclose the note to buyers…
@AAPLputs@jonbrooks Eventually, everything catches up. If you were thinking about selling better, locking the equity now you may be stuck holding the bag for 10 years.
@therealbkd@dig_deeper1 Yeah, never happened. Contractors give discounts but not on the first job you’re going to have to earn that discount by doing five or six ACs first. Otherwise, everybody would suddenly own 25 rentals.