No, it's a demonstration of how ignoring cashflow can destroy hi

来源: 2008-11-20 17:28:01 [博客] [旧帖] [给我悄悄话] 本文已被阅读:

His obvious mistakes are buying 5 lands in Arkansas with zero income. He appears to own more than one piece of land in Washington. Very probably he owns about 7 piece of zero-income producing land.

This is not investing, this is madness. Real estate investing is not a problem. Investing madly like him with no regard to risk is a big problem.