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TopicBeing a landlord is the ultimate scam.
berlyman101
02/05/21 3:05:55 AM
#13:


Perascamin posted...
Yeah this argument goes work at all. We built apartments for a really rich guy and we estimated what he earns a month; for each building he makes $75,000/Month. There are 5 buildings. He's getting $375,000/Month and $4,500,000/Year. The loan was $10,000,000. Hes going to have it paid off in 2.5 years and then sell the property at the 10 year mark when all of the warranties expire. Hes going to make pure profits of $33,750,000 for doing absolutely nothing.

holy shit, we live in a society

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