ouch $9,800/month negative cash flow

[surveyor]

Owwie

I would say that the day he gives up and starts selling his properties just to get rid of them is probably when you can call “bottom”.

[surveyor]

Owwie

I would say that the day he gives up and starts selling his properties just to get rid of them is probably when you can call “bottom”.

[surveyor]

Owwie

I would say that the day he gives up and starts selling his properties just to get rid of them is probably when you can call “bottom”.

[Ex-SD]

Your friend is S.O.L.
He is the epitome of a F.B.

[Ex-SD]

Your friend is S.O.L.
He is the epitome of a F.B.

[Ex-SD]

Your friend is S.O.L.
He is the epitome of a F.B.

[Ex-SD]

Your friend is S.O.L.
He is the epitome of a F.B.

[patientlywaiting]

I’m no expert but I hear that since CC debts are no longer dischargable in bankruptcy, people are now defaulting on their mortgages instead.

http://www.bloomberg.com/apps/news?pid=20601109&sid=ar909uO1CqHw&refer

[patientlywaiting]

I’m no expert but I hear that since CC debts are no longer dischargable in bankruptcy, people are now defaulting on their mortgages instead.

http://www.bloomberg.com/apps/news?pid=20601109&sid=ar909uO1CqHw&refer

[patientlywaiting]

I’m no expert but I hear that since CC debts are no longer dischargable in bankruptcy, people are now defaulting on their mortgages instead.

http://www.bloomberg.com/apps/news?pid=20601109&sid=ar909uO1CqHw&refer

[patientlywaiting]

I’m no expert but I hear that since CC debts are no longer dischargable in bankruptcy, people are now defaulting on their mortgages instead.

http://www.bloomberg.com/apps/news?pid=20601109&sid=ar909uO1CqHw&refer

[patientlywaiting]

New York Times
A Real Estate Speculator Goes From Boom to Bust

At 32, with just one semester of community college, he owned a BMW, a Corvette and a 5,000-square-foot house worth $1.2 million. He was a creation of the boom. “I was on top of the world,” Mr. Haupt said recently.

Then, last May, the real estate market stopped booming.

Now Mr. Haupt’s house is in the hands of his creditors, as are the cars, three small office buildings and 89 lots he bought in a subdivision in neighboring Lincoln County.

[patientlywaiting]

New York Times
A Real Estate Speculator Goes From Boom to Bust

At 32, with just one semester of community college, he owned a BMW, a Corvette and a 5,000-square-foot house worth $1.2 million. He was a creation of the boom. “I was on top of the world,” Mr. Haupt said recently.

Then, last May, the real estate market stopped booming.

Now Mr. Haupt’s house is in the hands of his creditors, as are the cars, three small office buildings and 89 lots he bought in a subdivision in neighboring Lincoln County.

[patientlywaiting]

New York Times
A Real Estate Speculator Goes From Boom to Bust

At 32, with just one semester of community college, he owned a BMW, a Corvette and a 5,000-square-foot house worth $1.2 million. He was a creation of the boom. “I was on top of the world,” Mr. Haupt said recently.

Then, last May, the real estate market stopped booming.

Now Mr. Haupt’s house is in the hands of his creditors, as are the cars, three small office buildings and 89 lots he bought in a subdivision in neighboring Lincoln County.

[patientlywaiting]

New York Times
A Real Estate Speculator Goes From Boom to Bust

At 32, with just one semester of community college, he owned a BMW, a Corvette and a 5,000-square-foot house worth $1.2 million. He was a creation of the boom. “I was on top of the world,” Mr. Haupt said recently.

Then, last May, the real estate market stopped booming.

Now Mr. Haupt’s house is in the hands of his creditors, as are the cars, three small office buildings and 89 lots he bought in a subdivision in neighboring Lincoln County.

[Author]

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