This shows some decent investor skills.
I’d like to see his tax returns.
It doesn’t seem to fit his income levels.
Where do these investments realize income levels of several hundred thousand dollars a year?
Perhaps reports of his casino gambling levels are wildly exaggerated.
On the surface, nothing abnormal. Real estate can be, for someone with knowledge of the market, knowledge of how to rent out property and maintain it (or how to hire a good manager), and the financial end of real estate, can make good money and move up the ladder from single family homes to small apartment complexes, and then to larger complexes...all in a relative short period of time. He was an accountant, so probably more intelligent and informed that the average bear...again, this is not far-fetched, and doesn’t speak to a “secret life” as an arms or drug dealer.
Of course, it also doesn’t speak to the evil residing in his mind, either.
Wonder where all his cash is stashed. Bet he gave the bros 100,000 each, too. Would you tell?? Hell no.
Well, there you have it. Ban rental property and property investments. That’ll make ya safe.
What? He may have been preparing? He made the deal. Very poor writing.
He may have been preparing for what would be his biggest deal, a multi-story apartment complex on the north side of Mesquite, Texas, not far from the municipal golf course. Paddock borrowed $3.5 million to buy the property and sold it eight years later for $4.6 million.
I used to live next to a retired couple years ago. The husband was a professional horse gambler. He had it down to a science on how to pick, and was very astute about keeping track of winnings and losses for the IRS.
He seems to have an affinity to cities named Mesquite.
Unless ISIS is telling the truth....