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To: Windflier
He does not seem to have established any stable long-term base of operations -- This seems remarkable to me for someone supposedly highly successful in real estate investing:

"In total, Paddock had lived in an astonishing 27 residences in Nevada, Florida and Texas over the course of his adult life."
268 posted on 10/02/2017 5:05:00 PM PDT by Enchante ( I lost my tagline, has anyone found it???)
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To: Enchante
He does not seem to have established any stable long-term base of operations -- This seems remarkable to me for someone supposedly highly successful in real estate investing

It actually isn't, when you consider the fact that most investors who own multi family rental properties, don't actually manage them themselves.

At that level of the real estate game it's all mailbox money. You have no need to maintain a stable base because you're essentially independently wealthy. That sort of business mostly runs on auto-pilot.

271 posted on 10/02/2017 6:13:02 PM PDT by Windflier (Pitchforks and torches ripen on the vine. Left too long, they become black rifles.)
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