Now I know why I get some of the comments I do. (Scroll down a bit to see the "John Gabriel" graphic.) Priceless (and true.)
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hah, that graphic is 100% true.
Posted by: Chuck | February 12, 2008 at 03:53 PM
No, it's not. That's totally ridiculous. Anyone who believes that must have a screw loose.
Posted by: Anonymous | February 12, 2008 at 04:39 PM
Who is on the right side of the =, the blogger or the commenter?
Posted by: planner | February 13, 2008 at 12:20 PM
What is your advice and is there a way to calculate the following scenario: my son has 60k to buy a piece of rental property with a positive cash flow. The property is valued at $725k. The mortgage will be paid off in 29 years at 5%.
Should he buy property, that is a positive cash flow, long term investment or should he put the 60K in a CD and let it sit for 30 years. At that time he'd be 47 years old.
I am also foreseeing him needing the 3400.00 month mortgage interest write off in a few years when he has income. The rental has a one bedroom, a three bedroom and a five bedroom.
Posted by: max hadley | March 05, 2009 at 01:50 PM