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elliemae
@
2009 Nov 3, 1:53pm
elliemae
@
2009 Nov 3, 1:53pm
Not just the Bay Area. They made it look so damn easy on the teevee.
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I just spoke with a friend who knows a "real estate genius", who bought 5 properties outside the bay area, and 3 IN the Bay Area.
All on an income of $60,000 per year!
Well, she has now lost ALL those properties, including the 3 in the bay area.
This is one of those watershed moments I have been waiting for. The genius locals who have leveraged themselves out the wazu are starting to default left and right.
If there are any others out there, that have heard similar stories about these Geniuses in the bay area, please post a note.
Thank you
#housing