From: Al Klein 
Newsgroups: alt.invest.real-estate alt.realtor.relocation law.court.federal misc.invest.real-estate alt.invest.real-estate.methods
Subject: Re: Flipping IS Illegal
Date: Sun, 13 Jul 2003 20:13:06 GMT

On Sun, 13 Jul 2003 10:43:24 GMT, "Baird Spalding"
 posted in alt.invest.real-estate:

>On 12-Jul-2003, Al Klein  wrote:

>> Now try understanding what I said.  Nothing in there about forcing
>> banks to approve every loan application they get.

>I find it very hard to understand you

Because you have no real-world experience.

> but you seem to think you know what your talking about

So did all the brokers for whom I ever worked.

>I know there's some pearls in that noggin. I guess I'm just not ready to find them.

You're just not educated enough to do anything but list houses.  When
you learn more you'll understand more.  About real estate, about
money, about people and about right and wrong.  It's wrong to allow
someone to fall on even harder times than they're now facing if I can
do something to make it easier or better for them.  (I have a tenant I
haven't collected rent from in 2 years.  When he recuperates and is
able to work again he can start paying rent again.  Should I have
thrown him out in the street, when his rent money or lack of it won't
make me either rich or poor?  You probably would have.)