OohPooPahDoo

[quote]BenchSims is a textbook alter. You're welcome. [/quote] Alert!!! ilovebama is a textbook tattletale! ...

[quote] Yes, it is an issue that the majority of Americans with absolutely little money-sense runs into, but I have faith that the regular MTBs' are intelligent enough to invest intelligently and within their means. [/quote] :lol: OK. last time I checked being smart didn't exclude you from investmen...

[quote]Let me have access to my own damn money to invest, save, or spend as I choose. [/quote] When you lose it on bad investments and are left destitute and too old to work the government will step in anyway. ...

[quote]So you're saying the Treasury has zero dollars? [/quote] No. ...

[quote] That's very much a chicken/egg question. If they print money and thus prevent treasuries from "crashing," then its irrelevant. [/quote] That won't keep treasuries from crashing. If anything it will do the opposite. No one wants to tie $1 up in debt for a year if they think $1 wi...

[quote] if you are thinking of getting into IRE I would learn the 2% and 50% rule. It is a good evaluation system for a beginning investor. [/quote] Cool, thanks [quote] The 50-2 rule is very basic. First, the 50% part of the rule says that 50% of your rental revenue from the property will be ...

[quote]You fail. If they don't raise the debt ceiling, the Fed will just create more dollars to pay off any debt payments.[/quote] :lol: Sorry that's not how it works. The U.S. Treasury is only entitled to the Fed's profits - and after U.S. Treasuries tank, the Fed will take massive losses. [...

Is there some sort of rule of thumb I can use to gauge an upper limit to what the cost is to maintain a rental unit? Or can you tell me what you've paid in the past on average?...

[quote] i like how you dehumanize the problem with a term like "long term solvency issues" [/quote] Wow, now that's some feigned outrage! [b]You can't dehumanize something that isn't a human. [/b][quote]we have 6 things that need to be cut dramatically, across all government 1. medicare 2. wel...

[quote] Debt default; however, means that you are unable (or have no intention) to make payments that are currently or past due. [/quote] There's no reason to believe that if the ceiling is raised in May it won't result in default. It will certainly make the market believe that default could be...