patrick.net

egads101 says

"housing is done

It's done Bob, and you have brought nothing to the table except redfin, and Zillow hype.

Your delusions of an economic recovery have been discussed Bob, and proved wrong.

You have no idea what you are talking about. You live in a box Bob without windows.

egads101 says

I'm not sure why you keep bringing that guy up, but he actually posted all the address of the properties, and it all checked out.

Come on Bob, give it a rest, and move on.

Now we're back to the 15 house 6 mortgages, and $6K in passive income.

This was your melt down moment Bob. It makes no difference to anyone, nobody cares.

Crazy - well done!

egads101 says

hey, kind of like an obnoxious retarded asshole, who has been

Bob, how many threads are you going to clog up?

Is that the point?

egads101 says

1. foreclosed on.

Really? was I foreclosed on?

Wow, thanks for telling me. I might need to check that out, or write it off as more Bob BS.

egads101 says

well, since you claim to not know anything about all the lawsuits filed against you, not a surprise really.

Well, I know that a foreclosure comes with paper work, so where is it Bob?

egads101 says

david,

Bam, gotcha, don't I Bob.

egads101 says

Yes david Losh, housing prices have fallen by 50% over the past two years.

It's always amusing when you make stuff up Bob, or do you have some data to go along with your assertions?

egads101 says

David Losh says

egads101 says

I'm not sure why you keep bringing that guy up, but he actually posted all the address of the properties, and it all checked out.

Come on Bob, give it a rest, and move on.

Now we're back to the 15 house 6 mortgages, and $6K in passive income.

This was your melt down moment Bob. It makes no difference to anyone, nobody cares.

david, the last colonoscopy must have sucked out your small brain.

How much lower can you go?

egads101 says

To the sphincter, maybe?

That would be you Bob.

A....horse is a horse of course of course..
But no one has heard of a talking horse..
Have you evvvver heard of a talking horse??
Well listen to this..dadadadada..
I..AM ROBERTA SLUMLORD.....

We should personally attack each other while discussing the FCOJ market, not the RE market.

egads101 says

I'm not sure why you keep bringing that guy up, but he actually posted all the address of the properties, and it all checked out. Since the oracle has been here forever reading everything, the oracle remembers all.

15 homes, 6 mortgage, and a state pension in a couple years.

I'd say that guy is on track to do exactly what he said he was going to do.

further, that rate-my prof thing you keep mentioning is on a scale of 1 to 5, so 2.8 is above average...

so rather than exposing another lie, you've inadvertently shown your own bias and stupidity.

The oracle wishes he had the same success. To be 50 years old with a couple million in equity, $6k in rental income, and a 25 year old girlfriend does not sound too bad to the oracle!

perhaps you should try to improve your life instead of hating someone who has done better than you? that is what the oracle is trying to do!

roberto never posted any addresses liar

i have never seen any proof that roberto has a 'couple million' in equity off 15 houses, thats another lie

roberto claims he bought $25,000 condos and now expects us to believe they appreciated by 20x their price so he has millions in equity, what a liar

btw, equity isnt liquid moron, your equity is tied up with your debt, i thought you taught math asshole

2.8 out of 5 is horrible. thats a failing grade at any respectable college. basically your students gave you an F, how can you come on here with any dignity and claim that your students actually respect you when they gave you a 2 out of 5

stop being a liar roberto especially to yourself

egads101 says

"I couldn't do my spreadsheets..."

"I was encouraged to buy 2009 quickbooks, which I did, but i couldn't figure out how to do it..."

Thanks Bob, I never get tired of seeing those videos.

I did have to hire a professional which was the plan Quick Books had. They also certify people.

So it took me two years to forensically rebuild my books, and keep them up to date. Now we have a certified Quick Books Bookkeeper.

Our accounting has gotten to be much more complex than simply buying, and selling property.

We have employees, as opposed to contractors. Our contractor bookkeeping was a lot easier.

If you can't figure something out Bob, you can always ask questions.

egads101 says

Your the moron who keeps claiming "home prices are down over the past two years" you've NEVER once backed anything up with anything

Well, Bob, I'm a seller in today's market, and as you keep pointing out those sales are less than what was paid for Atlanta, Wyoming is down at least 25%, and the Seattle house is down about 6% from just a few months ago.

So yeah Bob, I'm saying that not all sellers are getting multiple offers.

Let's see what happens tomorrow shall we?

BTW Bob, I copied this link for you.

It shows some people use time constructively: http://www.cnbc.com/id/101040521?__source=xfinity|mod&par=xfinity

You retards should be taking notes how to succeed from that bob guy- but instead you blast him non stop. Its like watching someone pick on a retard in school here the way he schools some of you.

I was tired of it before....but now its funny again! ha

I have a few questions for the Oracle: what will you say when prices year over year are lower? And inventory starts to climb?
Is it only a bubble if people believe it is one?

When I sold my home in the summer of 2005, I asked my realtor if he thought there was a housing bubble. His answer: we are only in a bubble if people believe we are in one.

I guess enough people believed last time...

Rosetta Stone dropouts should be given a pass for appearing grammatically ignorant.

Call it Crazy says

egads101 says

Oracle answers smgauld nonsense

Also, the professor needs to learn how to spell if he is going to insult people.....

Try this... "smaulgld"

Odd. I remember the twin towers standing during the clinton term.

egads101 says

errc says

Odd. I could have sworn that I remember paying fed income taxes when clinton was president

Odd, I remember a balanced budget and growing economy under clinton...

egads101 says

The oracle predicts that in say 5 years, we will see articles about how the millenials all suddenly want to be home owners with barbecues and dogs...

Millenials who want to be a home owners? Sure but so what? A poll of millenials would also show they'd also like to drink Cristal and bang a different trio of supermodels on a megayacht every night.

Will the Millenials have the means to actually buy a home? That's a different kettle of fish altogether.

Cut and paste jobs prove nothing.
Everyday off the cuff posts are the leading indicator of literate competence.

egads101 says

SoftShell says

Rosetta Stone dropouts should be given a pass for appearing grammatically ignorant.

¿Te prefieres que escribo en español?

e melhor que escrivo no portugese?

คุณต้องการให้ผมเขียนในภาษาไทย?

Call it Crazy says

People in Poverty Up 6,667,000; Record 46,496,000 Now Poor

Imagine how bad it would be if Romney and Ryan had been elected.

You have exhibited vast grammatical improvement with this latest post.
Now if we can only cure you of the Sentence Capitalization Syndrome, we may be able to get you back into that Rosetta Stone class that you got kicked out of....

egads101 says

SoftShell says

Cut and paste jobs prove nothing.


Everyday off the cuff posts are the leading indicator of literate competence

partner, all you ever have is grammar and spelling complaints. That shows you are incapable of actually posting a thought, or having a logical debate.

so, go screw yourself you dumbshit loser. I'll just block you so you can't post on my threads.

I've never shit on your clothes.
Where did you get that idea??

egads101 says

I'll just block you so you can't post on my threads.

Call it Crazy says

Would be at least double..

Quadruple!

New Renter says

A poll of millenials would also show they'd also like to drink Cristal and bang a different trio of supermodels on a megayacht every night.

cant do either without a job...

it just gets worst as there are 90 MILLION not in the work force...

http://www.wnd.com/2013/09/record-90-million-americans-not-in-labor-force/

NEW YORK – Just after Labor Day, the Bureau of Labor statistics reported more than 90 million Americans age 16 and older were not in the labor force in August, the highest level recorded since the Department of Labor began collecting the data during the Truman administration three years after the end of World War II.

September 6, 2013, 9:02 AM

Unemployment Rate Drops for Wrong Reasons

The number of people employed fell by about 115,000. The only reason the rate declined is that the overall labor force dropped by a larger 312,000, a possible sign of discouraged long-term jobless dropping out.

The drop in the number of people employed may come as a shock, considering that the number of jobs in the economy rose last month. That’s because the number of jobs added to the economy and the unemployment rate come from separate reports. The number of jobs added comes from a survey of business, while the unemployment rate comes from a survey of U.S. households. The two reports often move in tandem, but can move in opposite directions from month to month.

Call it Crazy says

RECOVERY!!

FORWARD!!

Falling ... Backwards more like it.

http://blogs.wsj.com/economics/2013/09/06/unemployment-rate-drop-for-wrong-reasons/

Lazy Assholes!

Gerald Celente:"When people lose everything and have nothing left to lose - they lose it."

HEY YOU: "There is only one rule. Be careful who you piss off."

I'm going to sit on the sidelines,close to the field,& watch as events unfold.

Well I've rarely found an attorney who understands statistical analysis or the concept of standard deviation, so short snapshots of markets are probably a duck forte.

Poverty is what you see in Haiti and many countries in Africa. There is little real poverty in the USA. The vast majority of people who our government claims live in poverty in the USA have cellphones, TV, cars, free medical care, free schooling, and plenty of food to eat and a roof over their heads.

Good thing we bailed out the criminal banksters. If we didn't, then there would have been a record number of Americans on food stamps.

yeah lets listen to this asshole pockyclips and roberto so we too can live with room mates in our primary residence and have a day job where everyone despises us and writes horrible things about us online about how we suck at our job

thats the ticket!

To be fair, the bankers would have been on food stamps if we hadn't, so there's that.

I can't imagine the sorts of crimes those people would perpetrate if left to wander our streets!

I must say Iwag, you do a helluva job of getting these guys to engage you, time and time again. Have a day, liars.

Isn't blowing oligarchs considered manufacturing?

HydroCabron says

Isn't blowing oligarchs considered manufacturing?

No, it's clearly a service job, but a well paying one.

Also if what you say is true, why are institutional buyers existing the purchase to rent model? Answer, because the returns are not there, meaning people are not paying asking price for rents and choosing a 3rd option listed above

You could be right but the reason I think is what is known long ago. Residential rentals are too complex for institutions to manage profitably, and has been the domain of mom and pop till this financial crisis. It means that even with the low purchase prices, the business model till can't work because return is till not good enough to compensate for the high overhead of an institution.

That is also a valid point and it may very well be a combination of these factors.