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Joined 1 year ago
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Cake day: August 5th, 2023

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  • That is incorrect. I can tell you’ve never rented to people rent is set by the market. Supply and demand.

    It doesn’t matter if the house cost 800k. If the market rent is 2k a month. That’s all you’ll get.

    In the area where I had my rentals, the houses are 500k but the rent is only 1k. Now I bought in 2008 and only paid 120k. So only lost some money but I made it up in tax benefits.

    People really don’t understand the economics of landlords. They think it’s all money in the pocket. It’s not. It’s a very thin profit margin with most the benefit being taxes.






  • Right now I am hearing ever louder calls of Russia winning, those have existed forever, but they seem to have grown louder now, so I was wondering what you thought about it.

    Where are you hearing that? I have not heard that Russia is taking a pounding and so is Ukraine.

    Right now, it’s a stalemate.

    It is a war of attrition at this point and if it drags out long enough, Russia wins because they have more people to throw at the war.

    I do not think the F-16 is going to make a large difference in the war. People who never served are the ones thinking it’ll change the war.

    The question is how long can the Russian soldiers hold out? I do believe once Ukraine breaks through the lines will collapse quickly but they’ve yet to break through.

    I do think NATO has done a disservice in training the Ukrainian military to fight a combined arms fight but then not supplying them with the weapons to fight a combined arms fight.

    I personally think Ukraine will win but it is going to be a long fight.