I can see what held up Robert Hollands release of his financial disclosure now. I can't seem to download it but this is the link. He included his tax return -- that was pretty dumb. It is 20 pages, a very interesting peek into the finances of Robert Holland. He amassed $7,500 in fines for not releasing the forms. He has a waterfront home he paid $1,850,000 in 2007 for.
He should get off the MDX Board and go make some money.
20 comments:
Maybe he is making money by being on that Board and it's not reported. Look at all those construction projects and the bidders. At least he didn't put down lottery proceeds!
I wonder why he would draw negative attention to himself by not filing those forms?
He needs to do financial seminars. All those mortgage payments, taxes, insurance, utilities on a waterside crib. Wow. He sure can make a dollar go far. These are just the sorts of people we need running our government. LOL
Who says he has a mortgage? I don't. Oops.nionly paid 170,000 for my waterside shack.
The dude has $2.5 mil in assets on $60,000+/- in income? How's he do it?
anon above. take another look. he has $2.5 in assets with $2.4 in mortgage loans. What I want to know is who gave him those loans with so little?
Just goes to show that folks who act like they are rich are sometimes the poorest in town.
Wealth is measured by how much you save, not by how much you spend.
$2.4 Mil in mortgages? Is that a misprint? On $75,000+/- in income? Who is giving this dude money? How can be pay all that debt service? WTF?
Come on you know better next to the last.
Another dumb f--- like Fresen - doesn't even know how to fill out the form. Can we say mortgage fraud?
How do these people get on these boards. Maybe we should be looking at the people that nominate them?
Mr. Holland attended 1 committee meeting in 2012 and 2 committee meetings in 2013. No one is looking at this. Despite not doing any substantive work on that board, he is being afforded the opportunity to vote on matters. He is being allowed to operate as an Oligarch. The BCC needs to address this.
Is the BCC afraid of Holland because he is an African American? Well, quite frankly, find another one.
This dude is quite the salesman to get $2.5 mil in mortgages.
If this guy had one iota of integrity as a person and attorney he should resign from the MDX. Not showing up to participate looks terrible. The man does not attend meetings. If the commissioners truly want to improve their image they should replace him with someone that shows up. Secondly, not filing his financial disclosures for 5 years and then blaming his accountant that moved to some island and could not be reached is laughable. Then he weasels a $200 payment plan on the $9,000.00 penalty??? I'd like to see the Sun Pass Judge grant someone that deal for not paying tolls. Imaging you going to court for not paying tolls for five years. "Your honor, I was not aware that there were tolls on the Dolphin Expressway." The penalties alone would bankrupt you. And you'd loose your drivers license ta boot. Somebody on the BCC better put their pants on and replace this guy before he tarnishes their less than good image any further.
You know, anyone can finance a mortgage. It does not have to be financed with a bank. It is a loan like any other loan. I have the cash, you want the house, I finance it, you pay me principal, interest and insurance until it is paid off. I get 3 to 5 times the principal in interest over time. Or you can go to the bank or other traditional financing sources. It is just business.
True, but any lender wants to be pretty sure their loan can be paid back by the borrower. Hence the borrower needs to show sufficient income to make the payments. Not the case here.
Well, you can always foreclose. You will have their money paid so far and the property. Either way, you win.
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