All Forum Posts by: James Hamling

"CA ran out of water...... do you have ANY clue what kind of water delivery system would be needed to handle multiple wild fires of this magnitude?...."

Yeah, I do. 
The empty ones already in place in CA, neglected to, ya know, have water in em. 

Hey, how about that genius move to turn OFF the power, including to the water pumps. Has CA never heard of generators? Did nobody ever stop and say "oh, hey, maybe we should keep water pumps going because, ya know, no electricity no water pumping, NO WATER". 

Ran out of water, LMAO. That's the drunk driver saying the car just wouldn't drive straight. 

Quote from @James Wise:

Quote from @James Hamling:

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Quote from @Bruce Woodruff:

Quote from @James Wise:

Thought this was interesting....Trump may withhold aid due to LA's water policies.

About time. Although some people will yell that 'this is mean, of those poor people' it has to be done like this. Otherwise it would be like giving your teenage kid a new car, which he crashes, and you just buy him another one without talking about responsibilty and consequences.

 Ya man, folks out in Cali are wild and have a lot of miss placed rage. Check out this PM I got from a BP member.

And how much help and aid did CA send North Carolina and Tennessee?????? 

Oh yeah, that's right; DIDDLY SQUAT! 

Hey tough guy, how about you come out to TN/NC and talk smack.... "you sure do got a pretty mouth...." 

 lol, someone also left a death threat on the HoltonWise voicemail system. I'll probably end up uploading it to HoltonWiseTV, but for now here is the automated transcript from our phone system. I am guessing it's the same Daniel H who PM'd me. Dude has a few screws loose.

Hey @Account Closed do you got anything to say about this? 

Hey, remember the CA people say how it's the greatest most bestest ever ever. CA sun shines better, CA water tasts better, girls are prettier, bestest economy, just EVERYTHING in CA is better..... 

Sooooo CA should have no problem at all flipping that bill, right? 

I mean, hey, your such the awesomest and EVERYBODY loves CA #1, so no doubt every CA resident will be ecstatic to help chip-in for it all. 

Let em reap what they sow. 

Quote from @James Wise:

Quote from @Bruce Woodruff:

Quote from @James Wise:

Thought this was interesting....Trump may withhold aid due to LA's water policies.

About time. Although some people will yell that 'this is mean, of those poor people' it has to be done like this. Otherwise it would be like giving your teenage kid a new car, which he crashes, and you just buy him another one without talking about responsibilty and consequences.

 Ya man, folks out in Cali are wild and have a lot of miss placed rage. Check out this PM I got from a BP member.

And how much help and aid did CA send North Carolina and Tennessee?????? 

Oh yeah, that's right; DIDDLY SQUAT! 

Hey tough guy, how about you come out to TN/NC and talk smack.... "you sure do got a pretty mouth...." 

Quote from @Bruce Woodruff:

Quote from @James Hamling:

Quote from @Bruce Woodruff:

Quote from @John Clark:

Quote from @Eric Bilderback:

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Quote from @Eric Bilderback:

 I hear people say it from global warming all the time.  I don't believe anyone can look at how forests are managed and come to the conclusion it must be global warming.  Maybe I'm wrong but that is my perception of the Burr and the public in general.  If that wasn't the publics opinion we would have a ton more great jobs in Oregon and many other places.  

What would be acceptable if there wasn’t global warming is not something you can get away with now, because there is global warming. It’s not a binary cause. Global warming now is the nudge for a lot of fires, hurricanes, etc. it will soon be accepted as the primary cause. If something is not all white doesn’t mean it’s all black.

I thought you guys were calling it climate change now? Because it is always changing, but not always warming.....gotta cover your bases y'know....

If it was a "fact" that carbon emissions, carbon in the atmosphere, is factually the culprit for climate change. 

And all these things are, factually, a result of climate change.....

Why isn't anyone sending me $4 billion to launch daily carbon capture filters into the air to remove it all back down to net 0 in a few years?????? 

Hell, I'll give a discount and we'll call it $2 billion. 

Think about it. How dang cheap is it? A mylar balloon, the cording, bus sized filters or heck, let's make em building size, it's cheap, crazy cheap. 

Launch in S hemisphere where there is a fraction the air traffic of N. 

If all this billions upon billions upon billions of damage WAS because of carbon caused climate change..... And we have the tools for cheap to capture carbon...... Why isn't anyone doing it? Why isn't UN or any government funding it? 

Actions, they speak so much louder than words...... 

Those frauds just buy 'carbon credits' so they can feel better about themselves, they don't really care or they would alter their lifestyles instead of pounding the rest of us with the guilt, Lol....

And if we look at the temps for the last millenium instead of the last century, they can show that although we are in a temporary upswing, we're really on a slide into a colder era. Bundle up!

Yup. 

400'is - 900's ad, was an "ice age". Than again 1300's-1850's the "mini ice age" or better known as the "dark ages". 

What made those happen? It's a cycle, the planet has NEVER sat at a static climate, it's an ever changing and cycling thing. 

Now do i think human activities can have impact on this, 100%. But that's the question never answered and always glanced over is what, to what degree, in what direction. 

And than, the ACTIONS. Was there a push for global carbon capture to lesson this thing of impact? Nope. Instead, the answer was to make a new money making market off of it. A Carbon Stock Market. Invent a global tax (Carbon Tax) and invent a token of credit against those tax's (carbon credits) and shazam a market where traders can buy, sell trade, option, leverage, hedge against these and the flow of them. A new Wall Street, CARBON STREET. 

Nobody put 1/10 the effort into carbon capture that they did to shazam this new "Carbon Street". 

So what do the actions say? It's mostly about making $ out of the world economy WITHOUT actually producing anything of value. 

If we took every trader from W.S. and threw them into the ocean today, how much less food would the farmer make next week? What factories would stop? How many electricians would hang up the belt and wait to die. NONE. 

It is an item of MAKING MONEY and NOT of producing, transporting or bring to market any goods or services at all. It is the "Mosquitos" of the economic system. 

What will more "mosquitos" solve? 

Not a damn thing. And they know that, there not dumb. 

But sheeple sure as heck ARE dumb. Happy to turn off brains and regurgitate what "Baaahhha" the herd is yelling of the day. Even if straight off a cliff. 

If it was a "fact" that carbon emissions, carbon in the atmosphere, is factually the culprit for climate change. 

And all these things are, factually, a result of climate change.....

Why isn't anyone sending me $4 billion to launch daily carbon capture filters into the air to remove it all back down to net 0 in a few years?????? 

Hell, I'll give a discount and we'll call it $2 billion. 

Think about it. How dang cheap is it? A mylar balloon, the cording, bus sized filters or heck, let's make em building size, it's cheap, crazy cheap. 

Launch in S hemisphere where there is a fraction the air traffic of N. 

If all this billions upon billions upon billions of damage WAS because of carbon caused climate change..... And we have the tools for cheap to capture carbon...... Why isn't anyone doing it? Why isn't UN or any government funding it? 

Actions, they speak so much louder than words...... 

First of all @Diana Teng, have you ever gone to a restaurant and asked "is the food here worth buying?". 

No, right. There gonna say it's all good, get this n get that, it's great. 

Well that's what you did, you announced your "hungry" and "who's got something good to eat for me to buy"

Having commanding market intelligence is absolutely necessary. 

It's not a "should" or "good idea", it's ABSOLUTELY NECESSARY. 

There is 1 catch and 1 only that can lesson this requirement. That is if purchasing EXISTING performing investment real estate AND have very good clarity of every facet of the transaction ESPECIALLY reasoning for seller selling, AND you have decent market intelligence. 

Anything else is GAMBLING.

You can think your gonna "find a great team" but heres the catch; If you know diddly-squat about that market, how do you know what is a "good" team member or not? 

Good decisions come from INFORMED decision making. 

Anything else is luck and relying on luck is gambling. 

So YES, getting informed is paramount importance. 

And keep in mind; getting sold and getting informed are 2 very different things. How do you know the difference? You FEEL one, and you KNOW the other. Heart or head, feeling or knowledge. 

Do your research, pick a market from research results not opinions. Narrow the list down then, last step is make the time and go tour them. 

Lastly, if all this process seems like just too much and not for you, I suggest talking to @Chris Clothier that's who I'd personally go to if I wanted to make some market purchases off someone's word of it.

@Mary Jay this is a question about ACCURACY in accounting. 

Look, I will try to simplify this: 

We have 3 parties money; (a) the landlord investor, (b) the lender giving a mortgage for purchase money, and (c) the tenant paying for use. 

If your doing REI to it's full potential, you don't pay 100% of the purchase price up front in cash. You pay a down payment, closing etc. Let's call this 30% of the acquisition price.

For simple math let's say it's $100k buy. You, the investor have a capital outlay of $30k. That is your capital investment. 

The lender paid $70k, and only asks for $750 per month. 

That $70k is NOT your capital investment! Because you didn't invest that capital, the lender did. 

Now the tenant, say they pay $1k per month. 

Some would say they have a "cash flow" of $250 per month. And there kinda right. BUT, it's NOT net profit. It's not even profit at all, it's capital recapture. 

Because you have a capital investment of $30k. 

So if all stays static, that means at yr 10 you will have 100% return of your capital AND NOW you have net profit. 

Now in reality, rents go UP every year. That means your rate of capital return should, if done correctly, go UP each year. Meaning, TIME, your gaining TIME. The TIME for 100% return of capital outlay shortens. 

Now, say in yr 2 you have to do added work and spend another $10k of improvements. That's an ADDITIONAL capitol investment made. 

And if in yr 4, you SELL, and reap the reward of $100k in appreciation, now your "realizing a gain" from the appreciation gains. 

Appreciation is only a THEORY until a person SELLS, be it gain or loss. 

The tenant paying down that mortgage, the capital investment the financing made into the property, is a form of appreciation. It's theory until realized. ie SOLD and $ in hand. 

The POWER of Real Estate Investing is: 

- Securing an asset via only having to give a capital investment of a fraction of it's price. 

- Having other persons pay for that other purchase capitol that you did not spend. 

- Getting to keep all the rewards of appreciation over time be it in rents and/or market value. 

If you understand the math of it all it should come very clear, the game is NOT best played (1) buying in all cash, (2) buying and sitting on a property for decades on end. 

The game is best played following the strategies for the phases one is in; growth, dividend, end of life. 

Growth is best served TRANSACTING properties to HARVEST appreciation/equitable gains for redeployment of those gains (better know as PYRAMIDING). 

Dividend is marked by a restructuring of holdings, simplifying things, getting out of day-2-day and just being the owner. Often many consolidate into MFH. 

End of Life is just that, getting set for that inevitable end. Some sell everything and ride off into the sunset, others prepare a trust and train the next generation to take the helm. It's very personal and varies wildly. 

Point is, to just buy and hold for eternity is not good strategy or math. That's a residents approach, not an investors. 

Generally a 3-7yr hold is optimal timing. Otherwise the risk exposure to Cap-X grows exponentially. And cap-x, that's a fast way to watch great returns go to 0 fast.

Let's put this into some context: 

Let's say there is 12 million illegal immigrant's in US today. 

Let's say 10% of them are criminal, with criminal intentions and criminal motives. Cartel or gang affiliates or what have you. GONE, there a target. 

What is "cost" of that 1.2 million gone? Nothing, because there criminals, they cost more then add, so good riddance. 

Of the 10.8 million left, say as many as 20% are readily found, are single guys, and are just kinda floating around with no real direction or anything going on at all. There aimless. Working horrible job, living horrible, no golden streets of opportunity found. Caught in stings at such places, gone. 

What's "cost" of that 2-odd million? Very little too almost nothing because look at there life. They lived with others, they never had $ to live on own, and were of little commerce other than whatever place that was using them like a quazi slave. 

We are now down to 8.64 million. 

These are you law abiding, working, fair % families probably plenty with US born kids. 

These people are not a problem. There not being in the LEGAL system like citizens is the problem. They work, live legally, yes there existence is an illegal one but reality is deporting them, separating US born kids, it's a mess and for no real positive because they are decent legal acting people. 

So way I see it shaking out is once hit % of criminals and aimless are removed, THAN a process of legalizing the rest who live legally otherwise will be presented. 

A window of time to present yourself, get processed, finger printed, all info set. Than a review is done to ferret out the criminals who maybe hide in this group. 

Key point is WITH a SECURED border to stop the flood of 100k-300k monthly illegls. 

Now maybe MAYBE 10% of these come back flagged for something. Some unsolved crime etc.. 

So end result, 7.8 million illegals now have conditional special visas. They have to keep nose clean, there now in the system, tax's and all regular everything. So we GAIN 7million + tax payors etc.. 

The issue of "dreamers" is resolved. We have a "reset" and can move forward as a nation. 

Employers who prey on such vulnerable persons are screwed, and rightfully so. 

Maybe I am an eternal optimist, but logistically this makes the most sense by far. And if this is the plan, it couldn't be announced at onset. Because that is telegraphing to the "bad" % how to evade. It would require being a process. 

And with that, @Henry Clark may be spot on, it could be a "done deal" by Christmas. 

And the impact to housing and the economy as a whole if this path is followed? Massive, I am talking MASSIVE positive. 

So yet again, another housing/economy "eminent doomsday" is just hyperbolae. Again. 

It's actually easier to do than you'd think Bruce. 

We have workforce centers across the country, they just ah, well heck can anyone say what they actually do? yeah, exactly. 

So, those become the local "Command & Control" centers. Think of them like quazi employment agencies. 

A person files for and get's whatever from of welfare. Ok, with that is a requirement to complete an civilian style ASVAB. 

From that we now know the areas of there highest connectivity and probability to succeed. 

With that, the C&C get's them a work assignment. 

Now think of this "work" as a combination of trade school and actual work. It's active in the field career training via doing. 

Oh, but you say what about daycare? EXACTLY. That will be one of those skills and those people assigned will staff the child care centers which is explicitly for those participants of the program. Or in low volume areas, a public/private partnership with existing child care centers. 

And that's how it can work to provide more then amply assignments, via public/private partnerships. Employers who meet criteria can receive ___ staffing via the program which are wage and benefit supplemented persons via the program. So now an employer has the affordability to afford the coach/teacher manager and the over-sized staffing. With big benefit potential of possibly retaining "Graduated" persons who are now highly trained, proficient employees. 

But what if people say no, they just want to Netflix and chill? 

Ok, then there "benefits" get cut to that bare bones "survival" minimum. And I do mean the absolute bare minimum. So it means making the welfare system a tiered system. 

Disabled and retirees get a certain level of significantly lowered hours and simple assignments, because moving is living and social interaction is needed not to mention there our elders and man we need elder wisdom this day n age so badly. 

Those who want to be human cat's, it will be bare bones survival. Restricted food benefits, no fast food and cheetos, no, basic food, basic everything, SURVIVAL. 

Imagine a welfare system that was centric to a hand UP. 

The #1 reason people are poor, is lack of skills, knowledge, wisdom. 

Proof? When's the last time you say a panhandler saying "will code for food?" I bet the rate of Engineers going homeless is all but 0. 

Dr's, Nurses, Electricians, heavy equipment operators etc etc.. 

Skilled Labor is in desperate need and we have literally tens of millions of "human cat's" just sitting on the shelf. 

We have the infrastructure in place. We have the demand. We have the people. We have perfect setting for private partnerships. All the ingredients exist, it only needs organization and leadership. 

Trade schools and community colleges would be ecstatic for this, and if done it would be the "skills revolution" that the industrial revolution was. 

And best part, all the offsets to it could readily make it a net-0 added expense to tax payers. It would actually be a net PROFIT given the huge increase to tax revenues. 

US worker engagement is 31%. Yeah, a pathetic 31%. Imagine what just 65% would look like.