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View Poll Results: Would you rather have a $300,000 home or 1500 encounters with $200 providers?
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$300,000 home
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33 |
78.57% |
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1500 encounters with $200 providers
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9 |
21.43% |
10-02-2014, 07:12 PM
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#16
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Valued Poster
Join Date: Jan 20, 2010
Location: Outside of the big city
Posts: 1,831
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Big Brain says: take the 300K home
Little Brain says: take the 1500 encounters
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10-02-2014, 08:13 PM
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#17
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Account Disabled
Join Date: Aug 15, 2012
Location: Texas
Posts: 9,785
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Edit... Edit.....
The place I had in TN was about 175 K, went through a Realtor to list for lease ( sounded like a good idea at the time)
All was well for 2 years 3 months and 6 hours... Before it went south..
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10-03-2014, 03:37 AM
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#18
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Account Disabled
Join Date: Sep 2, 2012
Location: north west houston area
Posts: 1,999
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Obvious answer, take the house, lure four or five girls away from the agencies and start your own.
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10-03-2014, 06:47 AM
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#19
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Valued Poster
Join Date: Dec 31, 2009
Location: Section 119 - Row 6
Posts: 8,368
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Uh, the house would bring on property taxes, lawn service, maintenance, probably even a wife!
Fuck it! I'll take the pussy.
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10-03-2014, 08:58 AM
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#20
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Retired Irish Tart
User ID: 3552
Join Date: Dec 31, 2009
Location: Secluded in the deep, dark, spooky woods at the Irish Chihuahua Refuge.
Posts: 9,804
My ECCIE Reviews
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Buy a $200,000 home a wee bit farther away from the primo real estate market and save $100,000 for playtime.
Spear88 and looking2havefun had pretty pussy profitable plans, too.
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10-03-2014, 11:22 AM
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#21
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Valued Poster
Join Date: Jan 6, 2010
Location: Houston
Posts: 531
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Quote:
Originally Posted by Headman
Sounds like another RE investor is on the boards.
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No, but I stayed in a Holiday Inn Express last night. In real life I am a retired pro whiffle ball player with my winnings invested in bovine compost futures. The market is booming.
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10-03-2014, 11:40 AM
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#22
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Retired Irish Tart
User ID: 3552
Join Date: Dec 31, 2009
Location: Secluded in the deep, dark, spooky woods at the Irish Chihuahua Refuge.
Posts: 9,804
My ECCIE Reviews
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Quote:
Originally Posted by tracer
No, but I stayed in a Holiday Inn Express last night. In real life I am a retired pro whiffle ball player with my winnings invested in bovine compost futures. The market is booming.
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Sounds like bulltwinkie to me.
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10-03-2014, 03:14 PM
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#23
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Valued Poster
Join Date: Feb 27, 2012
Location: Texas
Posts: 3,670
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Quote:
Originally Posted by tracer
Personally, I would take the home and rent it for $3k/month. At a conservative 75% margin to account for vacancy and maintenance expenses I would net $27k. That gives me 135 dates per year and I retain the appreciating $300k asset.
ijs
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Wrong - you invest the $300k at a 5% ROI. That's $15k per year return and hobby 50 weeks out of the year @ $300 p/h.
Secure 100% LTV loan and purchase the house as well...
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10-03-2014, 04:00 PM
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#24
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BANNED
Join Date: Sep 27, 2014
Location: LaGrange Tx.
Posts: 228
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Definitely the house. Pussy is everywhere.
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10-03-2014, 05:02 PM
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#25
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Retired Irish Tart
User ID: 3552
Join Date: Dec 31, 2009
Location: Secluded in the deep, dark, spooky woods at the Irish Chihuahua Refuge.
Posts: 9,804
My ECCIE Reviews
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Quote:
Originally Posted by SNL9933
Wrong - you invest the $300k at a 5% ROI. That's $15k per year return and hobby 50 weeks out of the year @ $300 p/h.
Secure 100% LTV loan and purchase the house as well...
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WINNER! A man with a sound mind for finance and a healthy, strapping p...ortfolio makes me wet.
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10-03-2014, 06:40 PM
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#26
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Registered Member
Join Date: Aug 9, 2014
Location: The Hutch
Posts: 17
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Depends... How close am I to death?
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10-04-2014, 04:46 AM
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#27
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Valued Poster
Join Date: Dec 9, 2012
Location: houston, TX
Posts: 2,673
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Lol 300k house is a crap house. Might as well buy a 300k car.
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10-04-2014, 07:41 AM
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#28
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Valued Poster
Join Date: Jan 6, 2010
Location: Houston
Posts: 531
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Quote:
Originally Posted by SNL9933
Wrong - you invest the $300k at a 5% ROI. That's $15k per year return and hobby 50 weeks out of the year @ $300 p/h.
Secure 100% LTV loan and purchase the house as well...
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I am with you on upgrading to the $300/hour, but not sure why I would settle for 5% ROI instead of over 8.5%. Note that the 8.5 assumes no increase in the property value, which is unlikely. The 5 assumes no cost for interest of the house purchase deducted from overall return.
Except that there is a legitimate argument for having no headaches with a simpler investment.
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10-04-2014, 08:08 AM
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#29
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Valued Poster
Join Date: Feb 22, 2010
Location: Houston
Posts: 12,735
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1500 encounters would pretty much wear the sides off my dick. 
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10-05-2014, 12:10 PM
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#30
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Valued Poster
Join Date: Sep 5, 2014
Location: nyc
Posts: 242
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Quote:
Originally Posted by tracer
Personally, I would take the home and rent it for $3k/month. At a conservative 75% margin to account for vacancy and maintenance expenses I would net $27k. That gives me 135 dates per year and I retain the appreciating $300k asset.
ijs
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You win, prize the internetz. Great answer
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