You talked him out in ‘02? Boy, family functions must suck. You talked him out at the beginning of one of the biggest booms ever in real estate since the late 40’s early 50’s. If
I were him I would be an angry camper. All that lost wealth.
I have a buddy here in Vegas that I rent a house from.
He bought it in 1999 for cash, it is now worth 40-50k less than what he paid for it.
You might want to re think your post.....just sayin.
Now if you sold at the right time, that would be a whole different scenario.