“I am not sure I get the joke. Is it that the December taxes are not paid? I guess that’s possible. George is a great, amazing guy who may own a rental that doesn’t have postive cash flow and maybe for him it’s cheaper to roll with the minimal late fee and wait for 1) a new tenant in January or 2) putting it into escrow or a million reasons. I am not sure why this was posted. Seems like a monumental waste of time posted by someone who is not in the real estate business?”
you would think the most prolific financial adviser in San Diego would have $2000 in his savings account or under his mattress to pay his property tax. that’s all.
everytime I bring up the property tax thing someone like you would pull the, “oh, they just have better use of their money” argument. That’s complete bull.
if you don’t have $2000 in liquid reserve to pay taxes, something is really wrong with your financial planning skills. or you are stretched really badly with liabilities, another big financial no no.
this guy walks around town and shows up on radio and tv day in and day out advising 3 million people how to use their money, and he doesn’t have $2000 to pay his December installment?