Paul Mark Morris

Let's say we're going to plan your, we're going to plan your wedding.

We're going to plan your, you know, big celebration.

And you're going to like look at a national weather forecast.

It doesn't, it doesn't make any sense.

You got to look at the micro market.

Well, again, every single property is its own stock market.

The market exists inside of that.

I don't know what stock you could possibly, you would have to have a crystal ball to pick a stock

where by the way, and I did take a loan out on the, on the $4.65 million house.

And, and the amount of money that I put down was $400,000.

And when I closed escrow, I was, I was plus a million in a market that's, that was difficult to buy into.

And so you're at

250% gain.

Of course.

I got a call while I was in escrow and someone said, I'll pay you a million dollars more for the house.

I had already like sold the Santa Monica house, you know, a million dollars sounds great.

And then I had already sold the Santa Monica house and then it's a short term gain.

I'd have to pay like 52% tax.

So, okay, so I'm going to walk with $480,000 cash.

That still sounds great.