LMAO
>>62650104he's one of those people that believes debt it good. It is insane that he could accumulate that much debt.
He’s literally debt maxing on purpose. It’s based
>>62650104That is a skill in and of itself kek
>>62650104stop posting your fag father!
>>62650133/thread
>>62650141Imagine getting tucked in by that
>>62650133He's the original debtmaxxer, even.
>>62650130Unsecured debt is good; he's stealing money back from jewish banks that stole the wealth of entire nations.He'll never need to pay back a dime if he does it right and still keeps every asset he obtained with that imaginary jew money.
>>62650104Property always win lmao.Saying property is debt is akin to not say house always win. Under any circumstance, a house of card in las vegas has zero probability of losing money. It is an one trick pony to believe otherwise.
Whats the end goal here of the bankers?Do they simply wait till he dies and take control of all his properties?
So his net worth is in the negatives then?
>>62650288>banker take control of all his propertiesThis is the conflict of the interest. Banker do not interested in controlling properties that need to later rent to another annoying and messy and noisy and violence and minority and brown skin and third world renters.
>>62650439You dumb person. Unless you make more than the bankers, do not complain, how dare you even?
>>62650871You don’t get it. When streetshitters stop paying rent en mass you see the entire domino collapse like a Roman scale, you would shit your pant. It is not something you can just undo with a click of a button in the excel spreadsheet. Imagining the $200 trillions of bubble implosion in a one cycle.
>>62650104Hyper-leveraged real estate Chud. Builds empire with made up money; however, the empire is not his.He's actually so hard-pressed to maintain his house of cards that he has to run a side business of financial education arbitrage with absurdly expensive crash courses where he'll milk students and convince them to get a loan to pay him 10k for a life-changing course because he wants to do them a favour.If he were that filthy rich and wanted to so them a favour, he wouldn't be so desperate for a few k.
>>626501041) How the fuck did people lend him that much, if true?2) I hate this faggot - his entire business is scamming people to take his "courses"Horrible cunt.
>>62650104A probably has hundreds of real estate, its debtmaxxing oj purpose because he knows fiat has no bottom
>>62651508If you have a house you can get a second one easier by using the first as collateral, do that a few hundred times and wallah
Robert "Paper Hands" Kiyosaki
>>62651521Then again it's not your house. It's your liability. All your hopes are that you can rent it for more than you pay, ot sell it to a greater fool.
>>62650133he's 1.2 billion in debt and has over 1.2 billion in assets then?or... whats the plan?
Ah geez dude how much do I owe again?$1.2 quintillion???Ah geez, most I could probably do right now is maybe 20 bucks a week, Ill see what I can do. anyways see ya later
>>62651528if that's true (unlikely) then he's ruined
>>62650104Who is even loaning him money, his whole deal is to scam people by living on debt
>>62651804If he pays he pays. He's just a ponzi scheme customer and you don't want to be the one lending him money last; one day he'll crumble and instead of a paying customer you'll get property to manage and sell ASAP. Because the properties are, of course, not his.
>>62651593>Then again it's not your house. It's your liability.Stop listening to this boomer who says it's a liability, retard.The mortgage = liability. The house = asset.What's so difficult to understand about that.
>>62654877Nothing, however: the mortgage means you don't own the house, and the asset to cancel it out could depreciate.
>>62650104>borrow money>buy a house>rent out said house>rent income pays for mortgage>there's a little left over>repeat a thousand times with a thousand houses>hire property managers to manage properties>there's still money left over>get paid to do nothingSmoothies are never gonna make it.
