@tripleh0823@MarkCalc Scramble?? Scramble??? πππ
You were probably the worst of the group. Scramble give me a break. That is not golf ππ
@tripleh0823@MarkCalc Scramble?? Scramble??? πππ
You were probably the worst of the group. Scramble give me a break. That is not golf πππ
@CreateNotesOnRE@MattSchelberg I can tell you wealthy people somehow end up getting out of these situations, often those that are not that sharp. They are sharp enough to talk about it and someone ends up giving them solid advice or a way out more often than not. Yes, people get in situations, get out.
@CreateNotesOnRE@MattSchelberg For only 2M on a 5M house they would get a 2M loan and control the equity, appreciation, deprecation. Rent it and pocket 10-15K a month after the payment on the 2M. Hard to find two people around a 5M property that arenβt smart enough or most often have someone to advise them.
@CreateNotesOnRE Send me some docs to prover your stories.
I live in am amazing place home on the golf course largest sqft in the club and spend the Summer at the beach. The Beach was in the story you copied. Admit 2M for a prepaid lease is stupid and no one wise would ever burn 2M that way.
@CreateNotesOnRE You are Hilarious!!! You proposed under βRich People Stuffβ something stupid, the rich would NEVER ever do. You didnβt think it through because you copied it from a book. Learn this now so when you do get some money you wonβt piss it away on essentially rent.
@CreateNotesOnRE Completely understand the instrument. I am saying it is foolish to piss away 2 Million on essentially rent. That could be for 2 years or five years. What if you are done with the beach? Iβd rather control the 2 Million.
@CreateNotesOnRE I have enough and know enough to know that NO ONE spends 2 Million cash on a prepaid lease. What you do is invest the 2M at 8% which pays $13,333 a month. Keep your cash if you ever needed, have it in your estate for your kids. That is what the word You Picked βrich peopleβ do.