How much would you have lost...

nollag2006

chewmylegoff wrote: »

I STRed in central London in 2003. I invested the proceeds in an imaginary portfolio of buy to let houses which move around London between various locations when I forget my backstory. I put the imaginary rents up by 10% most weeks so I am currently £7 million up.

Good times.

:beer::beer::beer::beer:

I hoped for better - but maybe not.

chewmylegoff

Didn't know you were a Trekkie nollag - figures though.

nollag2006

chewmylegoff wrote: »

Didn't know you were a Trekkie nollag - figures though.

Always knew you were a loser chewy - figures though

Graham_Devon

nollag2006 wrote: »

... if you had listened to these muppets?

www.housepricecrash.co.uk/media/LondonTonight-2005-12-12.wmv

STR'd in central London in 2003??

Wow!! That's gotta hurt!

Leaving aside house prices - interest rates have dropped like a stone, and rents have rocketed since then.

I love the line about them going off on a round the world trip in 2004, and being dead cert that the world would be in melt down when they came home.

Clever lads, those lot that set up HPC!!

:rotfl::rotfl:

If they are that stupid....why do you go to such lengths to make them look stupid?

All from behind a monitor....and worse still....on a different forum.

HAMISH_MCTAVISH

Graham_Devon wrote: »

If they are that stupid....why do you go to such lengths to make them look stupid?

I don't think he has to go to any lengths to make them look stupid.

They managed to do that all by themselves.

chewmylegoff

nollag2006 wrote: »

Always knew you were a loser chewy - figures though

Ouch. That hurt.

I'm going to go and put my imaginary tenants' non-existent rent up before performing a BTL investment yield calculation in such an obviously flawed way that everyone can tell I've no idea what I'm going on about in order to make myself feel better.

Sibley

If they are that stupid....why do you go to such lengths to make them look stupid?

Because they bottled it and banned everyone from their site.

They knew they had lost and there would be no HPC...

We are just making sure they get the message.
They log on here daily and report stuff so we are just hammering them into the ground....:rotfl:

Fella

There are few things sadder than threads gloating over what people on HPC said or did. Is your life really so empty that you could care less?

If you bought & did well, feel glad about it & move on to the next opportunity.

Roundabouts

chewmylegoff wrote: »

I STRed in central London in 2003. I invested the proceeds in an imaginary portfolio of buy to let houses which move around London between various locations when I forget my backstory. I put the imaginary rents up by 10% most weeks so I am currently £7 million up.

It was Nollag's birthday last week so as a special birthday treat he whacked his rents up an eye-watering 15%. But tenants in his prestigious BTL empire were more than happy to pay for the privilege of living in such desreses and having such a modest and conscientious landlord.

nollag2006

the_flying_pig wrote: »

what's his name, reinhard schu? according to linkedin the guy's a legal director somewhere.

so in the 10 years since that was recorded he's probably earned at least a million quid before tax

.

I would be very concerned about employing a lawyer who was so reckless as to gamble the roof over their family's head - and lost.

What sort of attitude to risk does that display?

the_flying_pig wrote: »

. in the video his wife looks like some kind of professional .

:rotfl:

the_flying_pig wrote: »

i'm sure he now lives somewhere very nice, albeit less nice of course than would have been the case if, with the benefit of perfect hindsight, filled his boots with pwoperdee back then rather than selling up.

so he got it badly wrong with the house thing but i doubt he's losing sleep over a couple of idiotic HPI fetishists, with the benefit of perfect hindsight sniggering at him from the splendor of their pride-and-joy £150k three-bed semis.

Let's be frank here - if Rhino had stayed in "pwoperdee" (not nice taking the mickey out of his accent), the value of a house would have cost £250k in 2003 would be worth over £360k. Add to that,say £2k per month on wasted rent in the intervening 10 years - gives another £240k.

So the total amount this guy would have lost is about £350k!!!

This is the sort of financial damage that STR causes.

£350k --- puts it all in perspective