All Forum Posts by: Lee Common

"honk if I'm paying your mortgage"

"King George didn't listen to us either"

Richard,

I trust you have been well.

Sounds like your pretty excited about big O's new initiative. :joker:

This thread is not getting as many responses as yours Tim!

Seller: My house is worth more than that!

"I'm here to tell you what you need to hear not what you want to hear!"

Pertaining to an apt complex in Mi back in 2001. Offer was for seller financing with a balloon payment in 2 yrs.

Seller: Lee should I accept this offer?

Lee: Well Liz the numbers work out better for you, if you decide to hold the note you will gain more than your original asking price would net.

Seller: But I could have to take it back right?

Lee: Yes however you are getting $50,000 down so that would go right in your pocket and I've only been marketing this three months should not be a problem to find another buyer.

Seller: While I'm just not sure.

Lee: Well Liz the best advise I can offer you is to do what makes you happy. Think about what is going to help you sleep at night you own this free and clear so it is a cash flow now with responsibilities holding the land contract will allow you to have the cash flow without the responsibilities. It is my job to bring you offers but I cannot decide what is best for your unique circumstances!

Two weeks later we closed everyone was happy and she never had to take back the property.

Turns out she owned some thirty other properties which she promptly listed with me!

Best, Lee

Terry Kubiak,

IMO

As far as the video you posted. It starts off good enough however i would venture to say that its not foreseeable in our lifetimes. The best we can hope for is a balance of both. I'd go as far to say that we are in the process of making it happen now that its more the plan than some far out theory on what we should be doing.

Richard Kevin,

Both excellent examples that I agree with.

:protest: :nono: :protest: :pissed:

Finally a credible source explaining the problems with world Fiat money.

http://mises.org/story/3390

An MP3 audio version of this article, read by Floy Lilley, is available for free download.

All the Best, Lee

Sounds like a big game to me.

The Fed is owned by member banks.

B o A is one of the largest shareholders of the FED!

Dave,

That is interesting.

I'd say that would be something we could definitely take advantage of.

Best, Lee

Greater Fool Theory

What Does it Mean?

A theory that states it is possible to make money by buying securities, whether overvalued or not, and later selling them at a profit because there will always be someone (a bigger or greater fool) who is willing to pay the higher price.

Sucker Rally

What Does it Mean?

A temporary rise in a specific stock or the market as a whole. A sucker rally occurs with little fundamental information to back the movement in price. This rally may continue just long enough for the "suckers" to get on board, after which the market or specific stock falls.

Also known as a "dead cat bounce" or a "bull trap".

Hmmm? I wonder why they are saying that now?

:joker: