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Originally Posted by mildew I just don't see how they are making money off of those lease back terminals they bought. It's like buying a $30,000 motorcycle to save $400 in gas each year. I'm told yrcw can't make the payments anyhow. Who know? |
I guess short term,yes
But over all, on long term, Rob bought those terminals 50 cents on the dollar,and hoping property values will increase back to normal levels some day,thus doubling property values for a profit.
Either way,it's to rich for my blood, so i'll leave it to him