All Forum Posts by: Alan DeRossett

An interesting company looks good an LLC I prefer stock in REITS will look into that further the domain grocapitus.com is registered at Tucows in Canada and a 415 area code for office that's consistent with a Tech company $75 k buy-in.

Maybe you could partner with others and do a pivot. Is the land worth bringing in a prefab like BOXable makes to create 11 or 12 livable Rental units? I mention Boxabi as they have a prefab permit process that works quickly and financing is available from them at $50k per unit. your land and installation cost might make it affordable to do the teardown and add new Rentable units. They can be stacked and are Very strong for rentals. https://www.boxabl.com/

Lessen has raised $170 million in a round led by Fifth Wall to become

the latest unicorn in the real estate tech sector, as the space

continues to bounce back from a pandemic-induced lull. Appreciation continues in November and Zillow is reporting a bounce back on prices as China RE may have another $6 billion dollar default in January of 2022. What do you see Locally please post with zip codes. https://pitchbook.com/profiles...

yes, 

Ramki D. one building I inherited a Hud Section 8 tenant who has been there 25 years now. The nice lady also pays her share $115 on time our local hud pays the bulk and is trying to entice Landlords to open up more units for section 8 so raised rents to a closer market rate.

Ramki D. Same in Ventura County only had a tenant phone us and demand a new lease so she could move in her Sister. So was able to charge them more under a new lease with 1 more person. Also, Hud called us on one property and offered us $400 per month more to renew one Tenants lease.

We were made whole with California's 100% Rent grants to affected tenants. Covid-19 has made all the rest of our Tenants more frugal and all are keeping cleaner homes and saving money for the next pandemic or natural disaster. Only one in 10 plans on buying a home all the rest are lifetime tenants. and all are Vaccinated they share it voluntarily as they don't want to mix with unvaccinated ones. 

Steve Vaughanhave have never day traded just dollar-cost averaging on stocks invest slow and steady my first purchase of Zillow was Dec. 2019 at $39.06 will but some more on Friday. on Average a long term play in technology Zillow won't have to pay taxes if they write off a couple of years losses on $5 billion in RE this year they might wright off 10% after a couple of years the 70% that they keep will all have appreciated 20-30 %

if Appreciation slows in 2022 will upgrade units into sustainable all-electric housing with solar and Ev then charge higher rents as EV ready. also want to have tenants not affected by the artificial scarcity of oil and gas. will use any downturn to use Senate bill 9 in California to add additional rental units on properties as well. I keep cash reserves, Stock, and crypto in case of Bank failures as we had in 2008 I never leverage more than I can afford to pay without rents for a year.

Steve Vaughan,
I seldom care about a p/e when buying tech stocks like Zillow class A will buy more Zillow today and each time it drops for a dollar-cost averaging position historically as I've done with Tesla since it was $80 and close to bankruptcy before the last split 5/1 lots of changes are likely even a pivot but it has the capital to survive and a small change to its fees could propel it forward. GDP will likely double in the next 3 years as we move to become all-electric and Zillow has a cleantech arm certifying properties.

Thanks for the tip Steve will buy some more ZILLOW class A. I see this as a great buying opportunity. Zillow is a tech stock and its digital services will continue to evolve. if we
look at it over a 5 year period. The same period I would plan to hold any Real Estate. Zillow is still up over 115% so I'll buy more they can easily pivot and have the money to do so. I missed out When Apple nearly went Bankrupt before the iPod was introduced Apple Stock was trading under $12.00 many splits ago. So do not want to miss this one. My Early Tesla bets have more than made up for any other Stocks losses but just can leave money in a bank earning near-zero when things are happening right these 10 or 20% drops may panic Wall street but get used to the same as in Real estate my properties were all up 15% last year.