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I am a Millionaire

I am a Millionaire

Old Mar 10th 2006, 11:41 pm
  #1  
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Default I am a Millionaire

Well a debt millionaire at least, we closed on our fourth house today and if all the banks knocked on my door tomorrow wanting their money I would have to find a million dollars. How do I face the fact I have more debt than the total amount of money I have ever earned in my life - well we are hoping to write a contract on another house tomorrow!

BTW if anyone wants a rental I have 2 houses currently empty, anyone, anyone, no OK then.


Translation just for Ironporer - whine, I can't beleive I owe so much money, its all George Bush's fault - what a crap place america is letting me get into so much debt. whine
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Old Mar 10th 2006, 11:45 pm
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Default Re: I am a Millionaire

Originally Posted by Patrick
Well a debt millionaire at least, we closed on our fourth house today and if all the banks knocked on my door tomorrow wanting their money I would have to find a million dollars. How do I face the fact I have more debt than the total amount of money I have ever earned in my life - well we are hoping to write a contract on another house tomorrow!

BTW if anyone wants a rental I have 2 houses currently empty, anyone, anyone, no OK then.


Translation just for Ironporer - whine, I can't beleive I owe so much money, its all George Bush's fault - what a crap place america is letting me get into so much debt. whine
It will all end in tears ... I just know it.

(Line from Douglas Adam's HGTHG, movie version).
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Old Mar 11th 2006, 12:42 am
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Default Re: I am a Millionaire

Originally Posted by Patrick
Well a debt millionaire at least, we closed on our fourth house today and if all the banks knocked on my door tomorrow wanting their money I would have to find a million dollars. How do I face the fact I have more debt than the total amount of money I have ever earned in my life - well we are hoping to write a contract on another house tomorrow!

BTW if anyone wants a rental I have 2 houses currently empty, anyone, anyone, no OK then.


Translation just for Ironporer - whine, I can't beleive I owe so much money, its all George Bush's fault - what a crap place america is letting me get into so much debt. whine
Time for the self-proclaimed "pagan sex god" to take to the streets as a male hustler (like in the movie, Midnight Cowboy)...


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Old Mar 11th 2006, 12:50 am
  #4  
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Default Re: I am a Millionaire

Originally Posted by Patrick
Well a debt millionaire at least, we closed on our fourth house today and if all the banks knocked on my door tomorrow wanting their money I would have to find a million dollars. How do I face the fact I have more debt than the total amount of money I have ever earned in my life - well we are hoping to write a contract on another house tomorrow!

BTW if anyone wants a rental I have 2 houses currently empty, anyone, anyone, no OK then.


Translation just for Ironporer - whine, I can't beleive I owe so much money, its all George Bush's fault - what a crap place america is letting me get into so much debt. whine
Oh quit yer whining and buy another house. I've known lots of people who've retired comfortably on just what you're doing.

(ya gotta have faith - just like in the George Michael song)
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Old Mar 11th 2006, 12:53 am
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Default Re: I am a Millionaire

Originally Posted by Leslie66
Oh quit yer whining and buy another house. I've known lots of people who've retired comfortably on just what you're doing.

(ya gotta have faith - just like in the George Michael song)
Yeah but look where George's faith's got him (arrested, down on his luck, documentary that probably won't be shown in the US)...
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Old Mar 11th 2006, 1:18 am
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Default Re: I am a Millionaire

Originally Posted by NC Penguin
Yeah but look where George's faith's got him (arrested, down on his luck, documentary that probably won't be shown in the US)...
Silly man... he should have invested in rental property.
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Old Mar 11th 2006, 4:30 am
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Default Re: I am a Millionaire

Originally Posted by Patrick
Well a debt millionaire at least
So you were lying.?
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Old Mar 11th 2006, 12:27 pm
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Default Re: I am a Millionaire

funnily enough we are doing similar tricks but not holding them so long due to the very bouyant market down here.
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Old Mar 11th 2006, 2:31 pm
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Default Re: I am a Millionaire

Originally Posted by Angry White Pyjamas
funnily enough we are doing similar tricks but not holding them so long due to the very bouyant market down here.
Do any of you do anything to the houses you purchase or do you just buy with a view to selling/renting pretty much immediately ??
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Old Mar 11th 2006, 2:49 pm
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Default Re: I am a Millionaire

Originally Posted by BigDavyG
Do any of you do anything to the houses you purchase or do you just buy with a view to selling/renting pretty much immediately ??
Patrick is know in other parts as Peter Rachman.......

Google if you don't know the name
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Old Mar 11th 2006, 3:19 pm
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Default Re: I am a Millionaire

Originally Posted by BigDavyG
Do any of you do anything to the houses you purchase or do you just buy with a view to selling/renting pretty much immediately ??
Depends. Currently we are building one specifically to sell. Some can be fixerupers and others can be rented as is for a while to cover costs then sold. The later we havent done yet but its our next project.
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Old Mar 11th 2006, 3:19 pm
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Default Re: I am a Millionaire

Originally Posted by Ray
Patrick is know in other parts as Peter Rachman.......

Google if you don't know the name
Rachmanism is actually a word in the dictionary.
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Old Mar 11th 2006, 3:31 pm
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Default Re: I am a Millionaire

Originally Posted by Angry White Pyjamas
Depends. Currently we are building one specifically to sell. Some can be fixerupers and others can be rented as is for a while to cover costs then sold. The later we havent done yet but its our next project.
Do you do the work yourself ??
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Old Mar 11th 2006, 3:45 pm
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Default Re: I am a Millionaire

Originally Posted by Patrick
I can't beleive I owe so much money, its all George Bush's fault - what a crap place america is letting me get into so much debt. whine
This is one of the bestest things about the US -- access to capital for ordinary folks is unsurpassed.
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Old Mar 11th 2006, 3:51 pm
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Default Re: I am a Millionaire

Originally Posted by fatbrit
This is one of the bestest things about the US -- access to capital for ordinary folks is unsurpassed.
...along with the potential for enormous debts/bankruptcy, etc.


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