I would suggest selling one or two houses to pay for 191+ refrigerators.
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That is on the tenants 
I don’t like control. They can have a refrigerator or not. That is up to them lol.
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I thought about adding an “unless…,” but decided against it.
Edit: I assumed that was the case, though.
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Unless I am the supreme evil in @castoli world that doesn’t provide refrigerators or washers / dryers to my tenants for free or no profit. I am literally the embodiment of what is wrong with this country. I have too much.
You keep putting words in my mouth. I’m not advocating for anything. I frankly don’t know enough to say whether the keystone pipeline should have been shut down as I have heard conflicting claims and am not really interested enough to do my own research. The fact remains that people invested under one set of ground rules and then the rules changed and they lost money. Maybe that’s fine, but you can’t expect people to take that same risk twice. Fool me once…
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Of course you can. It is for the greater good comrade. Those people have enough. They can lose more.
Glad you could profit at the expense of the public.
If you can’t beat them, join them?
I mean do you really think capitalism is going to be overturned? If not, wouldn’t your best bet be to become a capitalist? I am all for many liberal policies, but I try to be realistic too. It is better to be a capital holder that makes passive income than a worker bee IMO. I think my sacrifices of having less material assets that don’t produce value have been worth it to be a capital holder in a small way. Sacrifice is a weird word here because I seem to be more immune to advertising / marketing than most people. I just don’t seem to want things the way others do. It is an easier tradeoff for me to invest money vs buy objects it seems compared to others.
Tax more, to prevent an oligarchy. Opps too late! Can still try though.
If what you say is true, then I think that would qualify for more than enough. I know you want a hard and fast rule but I would leave that up to those more qualified than myself. Like progressive taxation. Someone came up with numbers for that.
Yeah, crackpot shit that you and other orthodox economists can’t refute. Oh wait, Larry Summers and Paul Krugman says it doesn’t work. Have one of them debate an MMT economist and we’ll see.
And what is your average rent compared to the national average? Do your tenants have a difficult time paying you?
It is in it’s weakest moment since it’s inception. Especially with the younger crowd. They see the devastation it has caused and justifiably want no part of this garbage system. They can see the trajectory of late-stage capitalism and reason correctly for a better way.
Sure. Would you say that those feelings should persuade someone to not become a capital holder if they could (specifically a capital holder in which the capital produces profits)?
It just seems the path to an easier life is owning lots of capital that produces passive profits. I don’t know why I wouldn’t pursue that. That doesn’t mean I don’t have empathy for the people without means to do the same, but I think they (almost all) would do the same if they could.
No, I buy more expensive homes to stay away from dealing with what comes with cheap / section 8 housing. I have made the mistake of doing that early on and it is a fucking disaster unless you like dealing with destroyed properties, constant rental agreement violations, non-payment, drugs, and cops being called weekly.
It is lower than the national average. Housing is cheaper comparably in MS, AL, and TN where most of my rentals are.
I would rather burn everything I have to the ground than be taxed more harshly and I would. My circle with wealth comparable to mine feel the same way. I will be damned if I bust my ass and work hard for the government to create equal outcomes. I will watch it all burn before I see that. They can take their percentage of nothing.
If it is so easy to defend, why isn’t it mainstream?
The cognitive dissonance that castoli must be experiencing given the current economy is probably completely interfering with his ability to actually think critically. We should probably just leave him alone.
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We weren’t talking about hyperinflation, we were talking about nationalizing oil production.
I know you work hard but your passive income must be impressive these days.
Where @castoli likely sees you as the problem, I say you mastered the game of life.
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I am still in growth phase honestly, so a lot of the profit goes in acquiring more properties and expanding current businesses. I am only 35 currently. My goal is to “retire” by 45.
I live pretty sparsely for the income I have coming in. Yes, I have some very nice things, but I haven’t gone crazy although that is relative.
I’m setting up large trusts for my children with very specific rules and payout requirements. I want them to have it easier than me, but I also want them to know what hard work is.
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