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The Water Cooler
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How much to live on?
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<blockquote data-quote="OKCShooter" data-source="post: 4285956" data-attributes="member: 9994"><p>Its all relative...I was at a house last night that was $22M to build. The owner's Monthly nut on that single property is likely $25K (plus house payment if he has one) and once you add in his Family expenses and what they consider basics, I bet his Monthly approaches $60K plus house payment.</p><p></p><p>In essence, if everything he has is paid off he needs to make $1M annually just to float.</p></blockquote><p></p>
[QUOTE="OKCShooter, post: 4285956, member: 9994"] Its all relative...I was at a house last night that was $22M to build. The owner's Monthly nut on that single property is likely $25K (plus house payment if he has one) and once you add in his Family expenses and what they consider basics, I bet his Monthly approaches $60K plus house payment. In essence, if everything he has is paid off he needs to make $1M annually just to float. [/QUOTE]
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