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Mile High FIRE
28.3K posts

Mile High FIRE
@Fire5280
here to talk about finance, real estate, and politics.
Colorado, USA Katılım Kasım 2021
605 Takip Edilen5.3K Takipçiler

"When President Xi very elegantly referred to the United States as perhaps being a declining nation, he was referring to the tremendous damage we suffered during the four years of Sleepy Joe Biden... But now, the United States is the hottest Nation anywhere in the world" - President Donald J. Trump 🇺🇸

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@JDVance That ends now... unless of course the fraudster in question has the money and influence to purchase a pardon from president Trump.
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@JamesAnderson88 I do t see the war ending any time soon. High energy costs will persist, and likely get worse.
The Hormuz Letter@HormuzLetter
BREAKING: Israel expects the war to resume as soon as Trump returns from China and will raise its military readiness to the "maximum level" when he lands, per Kan 11. The US told Israel directly a few hours ago that Trump may soon order strikes inside Iran, with Israel already bracing for the Iranian response.
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When I consider the following:
- Hantavirus threat
- No-win situation in Iran
- Energy shortages
- Increased consumer costs
- High interest rates
- Exploding debt (personal and government)
- A.I. threats to labor markets
- stock market is at all-time highs
... it becomes increasing hard to keep my non-tax deferred investments in play. Is there any reason NOT to think a major correction is coming? What am I missing?
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@MccreedyIII @unusual_whales The answer should be to remove and indict both of them for corruption... not to rationalize the unlawful actions of one, based on the unlawful actions of another.
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@unusual_whales Unusual? Lol, not as good as the Pelosi investing after all her votes on same issues.
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@Guy_026 @KobeissiLetter Didn't Trump promise to drain the swamp, not make it worse?
Seriously, why does MAGA rationalize every corrupt thing Trump does.
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@KobeissiLetter No one did nothing when Pelosi did it. All of a sudden people care?
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BREAKING: A newly-released OGE Form 278-T discloses that President Trump filed 3,642 trades involving stocks of public companies between January 1st and March 31st.
Our team has sorted and analyzed the thousands of transactions.
Transactions include hundreds of stocks and ETFs such as Nvidia, Microsoft, Broadcom, Amazon, Apple, Alphabet, Meta, Goldman Sachs, AMD, Airbnb, Palantir, Netflix, Costco, Walmart, JP Morgan, DoorDash, and others.
Individual purchases of Nvidia, Microsoft, Broadcom, Amazon, Apple, and others ranged from $1 million to $5 million in disclosed value.
Individual purchases of AMD, Goldman Sachs, Alphabet, Airbnb, DoorDash, Micron, Stryker, and others ranged from $500,000 to $1 million in disclosed value.
President Trump also reported hundreds of stock sales ranging from $15,000 to up to $25 million.
Should we produce a detailed breakdown of President Trump’s stock purchases and sales?
More details to come.
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@Fire5280 I meant cement board. Not concrete.
That looks great. Can you DM me a link to this STR?
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$3,995 to replace 15' of under-slab sewer line at property A.
$8,115 to replace LVP and carpet at property B.
$3,220 to replace carpet at property C.
$1,350 to add an exhaust fan to a bathroom... also at property C.
$73,200 to replace the siding at property D.
These are the major (north of $1,000) expenses I've had to endure in 2026 at our various properties. And why it's so important to have significant cash reserves if you're going to be a landlord.
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@Kevin_Root Higher end fiber cement board, full exterior, in the Colorado mountains. removal of all old wood siding, dumpster fee, a 7-8 man crew working for 6-7 days.
We also opted for the woodtone upgrade, to make the siding resemble wood grain.

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@Fire5280 All those costs seem very reasonable.
Would need to know more about the siding situation to know why the bill was that high. I assume concrete board and full exterior. Mountain location. Multiple stories.
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@Droidus_Maximus @ClayTravis The inflation we saw in 2021 and 2022 was a byproduct of the COVID response, which involved tons of money printing and PPP loans that were forgiven.
You can blame Trump for that as much as you can blame Biden.
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@ClayTravis Unfortunately, Biden screwed with inflation so badly, that people are blaming Trump for not lowering prices. They don’t understand how inflation works
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@Kevin_Root Makes you wonder who was the out of touch party, who wasn't willing to accept the realities of the market... the seller, or the seller's agent.
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@Fire5280 I feel for those sellers. Never fun to keep slashing the price and wonder why nobody will buy your house. (unless the owner is an investor, in which case I might feel differently)
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@Fire5280 I used to office with the listing agent on this one.
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By "pump markets", do you mean artificially? Do you mean print a bunch of money, and drive up inflation, while also lowering interest rates...?
But in the end, the biggest "if" is the Iran war, and the resulting energy costs. Is Trump willing to accept a deal that is worse than Obama's JCPOA, just to end the war, and get energy costs down... I'm not so sure.
As for a recession happening, they often come as a surprise, when we *think* the economy is booming, but it was actually just a bubble.
I guess we wait and see.
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Let’s see, but the incentives show that they’ll want to pump markets leading into the mid-term elections in order to get re-elected.
Your prediction of a recession also hasn’t happened yet and isn’t likely to happen during the biggest technological breakthrough and productivity boom in all of human history.
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Hahahaha, you're argument is based on things that haven't happened yet, and probably wont happen any time soon.
Not sure why you think either war will end soon, every prediction Trump and his administration have made about either war, have yet to manifest.
And if you think a new Fed chair means lower interest rates, then you may not have a clear understand of how the Fed operates...
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@Fire5280 You’re missing:
- New Fed Chair
- Lower interest rates
- Iran war ending soon
- Russia | Ukraine war ending soon
- Energy breakthroughs
- AI productivity boom for GDP / stocks
- PMI production indicator moving from contraction to expansion
We’re just getting started!
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@lindsay__stamp We used this recipe, and its works.
From 2013 to 2021, we lived off my income, and used my wife's income as down-payments on rental properties. We now own 11 properties, worth nearly $9M, backed by $2.4M in mortgage debt.
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@trochele @ImBreckWorsham Just wait 'til you hear about Trump's infidelities, including having sex with a porn star, shortly after his 3rd wife gave birth to his 5th child.
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@ImBreckWorsham You’re missing the fact that it was only 2 months. Most people having recently lost their spouse aren’t attached to someone else 2 months later. He was seeing this other woman while his dying wife was actively dying. Scum bag behavior.
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What makes you think I hired a handyman for ony of these jobs? And is the assumption that I overpaid for these projects... without knowing the specifics of each job, lincluding location, chosen materials, square footage, etc.
But regardless, each trade brought skills, experience, and tools to the table that justified the cost paid. And I don't expect quality trades to offer me huge discounts for their time and experience. I want the job done right, done quickly (within reason), and I'm happy to pay for the result and peace of mind.
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@MAGAVoice You retards cream your pants over some of the dumbest shit.
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@Jessica0877271 @jokerwaffenfren Every person I saw Chud harass, were peaceful citizens, out in public, trying to have a nice time. Not the crazed mentally ill people featured in the clip above.
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You want to know why people like chud the builder and @jokerwaffenfren are becoming so popular? Because people are sick of seeing this kind of BULLSHIT every fucking day. Fuck these people
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