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All Forum Posts by: James Hamling

James Hamling has started 14 posts and replied 4193 times.

Post: High-yield, “low-risk” M/F submarkets with double-digit cash-on-cash %

James Hamling
#5 All Forums Contributor
Posted
  • Real Estate Broker
  • Minneapolis, MN
  • Posts 4,353
  • Votes 5,758
Quote from @Lambros Politis:

So then what's a guy to do when interest rates are higher than cap rates in most Class B/C markets? My IRR model looked much better three years ago.


Short answer is this is not the market to be investing for cash-flow. 

This is the market to invest for value-add plays, and appreciation plays. 

That said, there is many different ways to go about this. Many different lanes of opportunity. But to seek a 2014 market where one can very literally buy a paycheck just is no longer the case. 

Post: invoice repairs from property management

James Hamling
#5 All Forums Contributor
Posted
  • Real Estate Broker
  • Minneapolis, MN
  • Posts 4,353
  • Votes 5,758

@Kristin Vegas your first and #1 problem is that your operating from a state of ignorance. 

So as it goes, you don't know what you don't know. 

The path is clear, step 1 is GET INFORMED. 

Do a search for PM's in the market area and jot down the top 6. 

Then, call em, schedule a time to talk. Explore what life with there PM service looks like. Ask questions like what set's them apart from all the others, how do they handle ___. 

Don't dump about your current PM, have a conversation about how they do what they do, and what is there "normal". Throw scenarios like how do they handle it if there is a service request, how do they handle things if a property is not rented after 60 days. 

As you get informed, I believe all the answers will naturally come to you. 

Post: High-yield, “low-risk” M/F submarkets with double-digit cash-on-cash %

James Hamling
#5 All Forums Contributor
Posted
  • Real Estate Broker
  • Minneapolis, MN
  • Posts 4,353
  • Votes 5,758
Quote from @Lambros Politis:

My real estate portfolio, located in the Pacific Northwest (technically a primary, A/B class market), still presents tenant headaches. I understand I can't completely avoid problematic renters. I'm curious, statistically and generally, if double-digit cash-on-cash returns are achievable in B/C+ class multifamily markets. I'm aiming for solid returns (10% cash-on-cash?) in a moderately low-risk market, given my low risk tolerance. I'm wondering if such a market exists outside my Pacific Northwest bubble. As always, your feedback is welcome and appreciated. Thank you for your contribution to this post. If I need a reality check, I'm open to that, and value experienced investors' insights to manage expectations.


It's possible...... Possible not probable. 

It's not a viable path through acquisition but through development..... possible. 

Nobody in their right mind would sell at such because they simply don't have to, there is no shortage of buyers happy to out bid your desired landing. 

But via building, it's possible. 

Post: High Realtor Fees, Can someone explain?

James Hamling
#5 All Forums Contributor
Posted
  • Real Estate Broker
  • Minneapolis, MN
  • Posts 4,353
  • Votes 5,758

@Rachel Weiss when a person goes to a surgeon, what are we paying for? 

Yes, there is meds, clean room, assorted staff, but really what is it we are paying that surgeon for? 

Is a Dr of Surgery paid what they are simply for doing some cutting? Couldn't we look at it and say "well I cut stuff all the time, anyone can just do some cutting". 

Sure, anyone can...... 

But ever so few can do it CORRECTLY. 

Correctly in the manner that best achieves the outcome desired, prevents bad things from happening, and mitigates the laundry list of risks for the venture. All via Skill, Training, Experience and Expertise. 

Yes, this example exactly translates. 

The lion share of what a LUX seller is paying for when obtaining a competent quality LUX agent is NOT "pushing some paperwork around"....... Your purchasing an outcome, your purchasing KNOWLEDGE, skill, expertise, RESULTS. 

And these things, they don't come easily or quickly. There is literally thousands of hours that go into it. Years.

A poor agent can 100% blow apart and ruin even the simplest sale in the hottest market. 

And your ignoring the fact of what a pizz-poor listing agent can do that results in your closing $$$$. No, negotiations don't just handle themself. LUX Buyers are not idiots, they don't hire PT pizza delivery to be there buyers agent. They hire cold blooded sharks like ME! And if I sniff out that your listing agent is a half-twit I am going to rip them to shreds. I will play them for fools, and take advantage of there ignorance to the most maximum benefit of my buyers 100%. 

Real Estate is a negotiated transaction. The result is the result of those negotiating, how they negotiate, to there skills in it or lack there or. 

Yes, there is time expense, a hell of  a lot more than your giving credit for. There is marketing costs, staffing costs, costs of brokerage and just running the business in general, technology systems etc etc.. But what your really paying for, especially in LUX, is for the supreme level of knowledge, experience, skill and network all of which took years upon years of blood, sweat, pain, energy, money and time MOUNTAINS of time to acquire that mastery. 

Post: Federal Layoffs Effect? - 1,633 New Listings In D.C. Area Last Week

James Hamling
#5 All Forums Contributor
Posted
  • Real Estate Broker
  • Minneapolis, MN
  • Posts 4,353
  • Votes 5,758
Quote from @Ken M.:
Quote from @James Hamling:
Quote from @Ken M.:
Quote from @James Hamling:
Quote from @Ken M.:
Quote from @Henry Clark:

OP.  We don’t need to wait till 2026 to know the outcome.  

Less government workers will live in DC.

Any upsurge in listings for sale or rental will be taken up.  

DC is the same as any World city or beachfront.   They only make so much.  The farther out people have to commute into DC, the more valuable residences close to town are and forever will be.  

I made a "B" in statistics, but did graduate Phi Beta Kappa. But that didn't teach me anything about REI.

Your comment: "We don’t need to wait till 2026 to know the outcome."

That's about the silliest comment I've seen  on BP in weeks. Tell me please what is the number of government jobs lost in 2025? How many people did that affect? You're like 



Ok Ken, let's try mathing it out. 

You're inferring some catastrophic decline because of Fed Gov job layoffs. 

2008, how many jobs were lost in 2008? 3.55 million. 

How about '09' jobs lost? 8.6 million. 

So now we have some context for what # of lost jobs does stuff get really ugly. 

How many Federal Government jobs is there? Just over 3 million...... In TOTAL.

The sky is NOT falling.....

Sheech . . . I'm not predicting anything! Okay, how many of those 3,000,000 jobs are in D.C. ??? You don't even understand the premise.  I can guarantee you that there are not 3,000,000 government jobs in D.C. If there are, I'm moving to someplace sane like, hmmm I'm coming up short on that one. 

For clarification: Okay, how many OFFICIAL Federal Government (non military) jobs are in Washington D.C. Metro ONLY, (not in Dubuque Iowa or Merced CA or Athens GA or Toledo OH) Just D.C. Metro, Exclusively, including government contractors?????

This is not hard people. Federal Government (non military) jobs in Washington D.C. Metro ONLY, Exclusively, including government contractors?????

How many of those government, (none military) jobs (including contractors) own homes with a mortgage on it in the D.C. Metro ? That's a little harder to answer.

How many of those government, (none military) jobs (including contractors) rent in the D.C. Metro ? That's even harder to answer.

Ah heck, I'll just check with ChaptGP AI which apparently owns the future, but doesn't own a property.

So none of this really matters anyway.
Though it will be an interesting study. Stats and all. ;-)

Took me all of 5sec do google search to get the below info. 

Vs the whole rant, why didn't ya just, google it? 

You're never gonna get a known accurate # for contractors. Because that is a constantly moving #, it changes monthly if not weekly and daily. It's the nature of such contracts. 

As you can see below, it's not all that many people actually. Not when the context is around how will layoff's from such jobs hit the local real estate market. 
What you also not considering is the D.C. area absorption rates. 
And how those rates vary as median price declines. 

As I said before, there is a lot in D.C. other than just Fed. Gov. jobs. 

For argument sake, let's say there is such massive layoffs that in 1Q there is 10k homes put on market because of these in D.C.. 
I am betting they would be rather rapidly absorbed. 

As price declines demand increases. It's not a 1 armed scale. 

Correct, but you didn't answer the question: "

How many of those government, (none military) jobs (including contractors) own homes with a mortgage on it in the D.C. Metro ? That's a little harder to answer.

****************************************************************************
NOTE: THIS POST BY THE OP WILL NO LONGER BE MONITORED

....How about a bedtime story instead: 

Post: Federal Layoffs Effect? - 1,633 New Listings In D.C. Area Last Week

James Hamling
#5 All Forums Contributor
Posted
  • Real Estate Broker
  • Minneapolis, MN
  • Posts 4,353
  • Votes 5,758
Quote from @Ken M.:
Quote from @James Hamling:
Quote from @Ken M.:
Quote from @Henry Clark:

OP.  We don’t need to wait till 2026 to know the outcome.  

Less government workers will live in DC.

Any upsurge in listings for sale or rental will be taken up.  

DC is the same as any World city or beachfront.   They only make so much.  The farther out people have to commute into DC, the more valuable residences close to town are and forever will be.  

I made a "B" in statistics, but did graduate Phi Beta Kappa. But that didn't teach me anything about REI.

Your comment: "We don’t need to wait till 2026 to know the outcome."

That's about the silliest comment I've seen  on BP in weeks. Tell me please what is the number of government jobs lost in 2025? How many people did that affect? You're like 



Ok Ken, let's try mathing it out. 

You're inferring some catastrophic decline because of Fed Gov job layoffs. 

2008, how many jobs were lost in 2008? 3.55 million. 

How about '09' jobs lost? 8.6 million. 

So now we have some context for what # of lost jobs does stuff get really ugly. 

How many Federal Government jobs is there? Just over 3 million...... In TOTAL.

The sky is NOT falling.....

Sheech . . . I'm not predicting anything! Okay, how many of those 3,000,000 jobs are in D.C. ??? You don't even understand the premise.  I can guarantee you that there are not 3,000,000 government jobs in D.C. If there are, I'm moving to someplace sane like, hmmm I'm coming up short on that one. 

For clarification: Okay, how many OFFICIAL Federal Government (non military) jobs are in Washington D.C. Metro ONLY, (not in Dubuque Iowa or Merced CA or Athens GA or Toledo OH) Just D.C. Metro, Exclusively, including government contractors?????

This is not hard people. Federal Government (non military) jobs in Washington D.C. Metro ONLY, Exclusively, including government contractors?????

How many of those government, (none military) jobs (including contractors) own homes with a mortgage on it in the D.C. Metro ? That's a little harder to answer.

How many of those government, (none military) jobs (including contractors) rent in the D.C. Metro ? That's even harder to answer.

Ah heck, I'll just check with ChaptGP AI which apparently owns the future, but doesn't own a property.

So none of this really matters anyway.
Though it will be an interesting study. Stats and all. ;-)

Took me all of 5sec do google search to get the below info. 

Vs the whole rant, why didn't ya just, google it? 

You're never gonna get a known accurate # for contractors. Because that is a constantly moving #, it changes monthly if not weekly and daily. It's the nature of such contracts. 

As you can see below, it's not all that many people actually. Not when the context is around how will layoff's from such jobs hit the local real estate market. 
What you also not considering is the D.C. area absorption rates. 
And how those rates vary as median price declines. 

As I said before, there is a lot in D.C. other than just Fed. Gov. jobs. 

For argument sake, let's say there is such massive layoffs that in 1Q there is 10k homes put on market because of these in D.C.. 
I am betting they would be rather rapidly absorbed. 

As price declines demand increases. It's not a 1 armed scale. 

Post: Federal Layoffs Effect? - 1,633 New Listings In D.C. Area Last Week

James Hamling
#5 All Forums Contributor
Posted
  • Real Estate Broker
  • Minneapolis, MN
  • Posts 4,353
  • Votes 5,758
Quote from @Ken M.:
Quote from @Henry Clark:

OP.  We don’t need to wait till 2026 to know the outcome.  

Less government workers will live in DC.

Any upsurge in listings for sale or rental will be taken up.  

DC is the same as any World city or beachfront.   They only make so much.  The farther out people have to commute into DC, the more valuable residences close to town are and forever will be.  

I made a "B" in statistics, but did graduate Phi Beta Kappa. But that didn't teach me anything about REI.

Your comment: "We don’t need to wait till 2026 to know the outcome."

That's about the silliest comment I've seen  on BP in weeks. Tell me please what is the number of government jobs lost in 2025? How many people did that affect? You're like 



Ok Ken, let's try mathing it out. 

You're inferring some catastrophic decline because of Fed Gov job layoffs. 

2008, how many jobs were lost in 2008? 3.55 million. 

How about '09' jobs lost? 8.6 million. 

So now we have some context for what # of lost jobs does stuff get really ugly. 

How many Federal Government jobs is there? Just over 3 million...... In TOTAL.

The sky is NOT falling.....

Post: Federal Layoffs Effect? - 1,633 New Listings In D.C. Area Last Week

James Hamling
#5 All Forums Contributor
Posted
  • Real Estate Broker
  • Minneapolis, MN
  • Posts 4,353
  • Votes 5,758
Quote from @Ken M.:
Quote from @Russell Brazil:
Quote from @Russell Brazil:
Quote from @Ken M.:
Quote from @Russell Brazil:
Quote from @Ken M.:
Quote from @Russell Brazil:
Quote from @John Clark:

Every administration has turnover. What are the numbers for this point of time in the Biden administration, Trump 1, Obama, ….?


 Through the 1st half of February there were exactly 9 more units of inventory than in Feb 2024.

And in Today's News

Kash Patel Gets to Work – Immediately Moves 1,500 Agents from Headquarters Building, 500 FBI Agents Moved to Alabama


May be a good time to be selling in Alabama.


DC metro area has a population of 6 million. Birmingham Alabama (where the FBI field office is) has a population of 1.2 million.  These numbers are not anymore than if a Wal Mart opened or closed. There is no statistical significance to this. 

That's a potential jump of 5.2% of active listings in one day. That part is interesting.

By the way, comparing 5,000 families forced to move or quit, to the whole of the population isn't what I'm interested in. I don't think anyone thinks the entire population of D.C. is going away anytime soon.

It's "what is the change in real numbers of government employees in D.C. as a result of decisions made by the administration in 2025". We won't know until next January but it's interesting to watch and see if promises to reduce the government are kept.

There is talk of rescinding 200,000 jobs that haven't met the requirement to become permanent. An additional 70,000 seem to have accepted buyouts. The Newest IRS agents are being discussed as being sent to the border to become default border agents. And the chef in the food cart in front of the House Building was let go. That's a big one. ;-)

 And I believe  FBI agents salaries are somewhat higher than Walmart salaries.


 Yeah, you legit with every post continue to show us you have no clue how the world works.

100% of people who lose their job don't own their houses, 100% don't sell such houses when they lose their jobs.  


 Market must be crashing in Seattle with just under 8,000 listings for a 4 million population, or Kansas City with just under 7,000 listings against a population of 2.4 million.

Again,

It's "what is the change in real numbers of government employees in D.C. as a result of decisions made by the administration in 2025". Housing inventory is a by-product, while interesting, it is not the salient part of the focus.

We won't know until next January, but it's interesting to watch and see if promises to reduce the government are kept.

It's been fun. We'll do this again sometime.

Well, I will give you myself as 1 result. 

I love Georgetown. Wife loves it, fam loves it. 

If prices in Georgetown come down low enough, 100% I'm scheduling a trip and were getting on-the-buy. STR in Georgetown is a gold-mine.

There is a hell of a lot in D.C. that draws people other than F.Gov. jobs. 

D.C. has, and always will have, a giant vagrant tenancy base as well as assorted tourism. 

Lobbyist, Embassy business and Museums, these 3 alone are good examples and there not going anywhere. 

And I've always heard that a very big % of those who work in D.C. for F.Gov jobs, don't actually live in D.C., they live just outside. Russell is of course the expert I defer to on this but that's what I have always heard. 

Post: Trump Policies Will Put Downward Pressure on Real Estate Rents/Prices

James Hamling
#5 All Forums Contributor
Posted
  • Real Estate Broker
  • Minneapolis, MN
  • Posts 4,353
  • Votes 5,758
Quote from @John Clark:
Quote from @James Hamling:
Quote from @John Clark:
Quote from @James Hamling:
Quote from @John Clark:
Quote from @James Hamling:
Quote from @Bruce Woodruff:
Quote from @Paul Azad:

I thought it was an "Onion" headline, but it turns out that our Cheeto-in-Chief wants to send $5000 dollar Stimi-checks again, ie direct M2 inflation like he did in 2020, this time to every American "household", about 130 million of those. But now under the guise of "returning the waste and fraud to the American people." This would be about 650 Billion dollars one time so far.

This could certainly potentially worsen inflation again, remember he caused the recent 2021-22 inflation by printing 3.4 Trillion no one needed, followed by grandpa Biden adding his own 2.3 Trillion or so, though he may not remember doing it. If we get a second inflation bump now with a weakening Europe and Asia, he may just bring on the next recession, and that won't be good for CRE at all.

Last week's CPI print was awesome. It showed a headline core CPI of just 3.3%, but as we all know it's housing component is 36% of the number and it uses an antiquated sampling system of owner equivalent rents O.E.R., that is 1 year old data and bad data due to methodology. If you instead put in actual current Rent data, which is much lower, the core CPI is currently 2%, which is the putative FED ie New Zealand target. As future monthly CPI reports print, wall-street and the US treasury market will then trade on this, thus continuing the fall of the 10 year yield, likely to upper to mid 3s, lowering mortgage rates/cap rates. Now the guy who "knows the best words and went to the best schools" is threatening all the pain that we have endured from the FEDs Rate-pocalypse in 2022.

I'm still hoping mainstream media picked up the story from the "Onion" and it's not true. Didn't he and Herr Musk tell us we needed to decrease the debt and deficit? Maybe use that 650 Billion to pay down our credit card balance which is rising at 1 Trillion every 95 days and perhaps then the Bond market would take our own country seriously. 

Maybe Trump and Biden and their rich friends actually want to subject our middle class to a permanent state of Penury, by engineering inflation at every chance?


I have mixed feelings on this.....part of my brain says to take that money and pay down the debt, that's what I would do if t were my household finances...but then, what a brillant political move to send everyone (well they're saying only taxpayers) a check for a few grand. If I were going to be really sneaky, I would give everyone a little something, imagine the goodwill that would spread.....


It's hilarious. 

If Trump RETURNS our tax payment's that were recaptured for whatever BS spending attempts, he's a bad guy. 

Yet if he did all this and DIDNT return it, he'd be labeled a thief and bad guy for keeping it. 

COVID happens and world is in panic, shuttering the entire economy per the demand and directive of ALL in government especially the D's...... And Trump is a bad guy for the $ sent to help get people by. Yet Biden is a savior for doing the same thing...... 

Trump bad on deportations, Obama great for deportations....... 

There is literally NOTHING Trump or Elon can do right, NOTHING. 

Do these lunatics think we are blind to this BS setup? Do they really think us so dumb that we can't see what's right in front of our faces? 

Find corruption and insane waste in Gov spending, now your a bad guy.... 

How did we get here? 

How did we get to this point where people literally don't care what's done, however good or bad, that the ONLY thing that matters is what club there a member of? 

This isn't division, it's derangement

Picture a person in court for charges of murder and the jury says "yeah yeah yeah, evidence schmevidence, but who did he vote for?". 

That's the exact insanity people are using now. W-T-F.... 

M 7:2-3, M 7:12

1. Nobody voted for Elon, so he has no business mucking around, period, especially in our private data, nor in government systems.

2. As for Trump wanting to give money back to the people, you will find that the people he wants to give the money to aren't the same as the ones who sent the money in. Trump's tax cuts -- which he wants to extend -- are heavily biased towards the top 1 percent. Then there's the small matter of deficits increasing under Trump more than they did under Biden.

3. Assume the spending cuts are made and money saved -- pay down the debt. Better yet, let the tax cuts expire and use the extra revenue to pay down the debt and build productive infrastructure. You will find that that was Biden's plan. Trump wants to crate the economy and direct money to the rich.

This whole propaganda of "Nobody voted for Elon" is just obnoxious at this point. 

Did anybody vote for your mail carrier? 

The President is the flipping PRESIDENT, as in head of the dang government. This nauseating concept that the President is just a figure head who's supposed to actively run nothing and EVERY federal manager or advisor requires a National vote is REDICULOUS. 

And every American not infected with derangement syndrome acknowledges this and keeps shaking there head at the "Karens" and there fake freak-out on this demanding everyone join in there temper tantrums. 

Do you not notice how the vast majority of the nation is NOT with you on your karen-campaign? 

Do you not notice the vast majority of the country saying "give it a rest and let them do there dang jobs"? 

This wasn't some post election day switcheroo, Trump literally PROMISED us, the American people this, EXACTLY this. For month's telling everyone, campaigning on it. And the people spoke! They voted FOR THIS. 

So what your doing is literally yelling at people saying "OMG, aren't you MAD, there doing exactly what they said they'd do and what you asked them to do! HOW DARE THEM!".... 

When you buy a plan ticket to Dallas, and land in, Dallas, do you get out and yell at them "How dare you take me to Dallas!".... 

As for Biden's plan..... you are aware it was Biden who extended these tax cuts. 

You need to step out your propaganda bubble my friend. Stop regurgitating what some talking head is telling you to think things are and instead read some actual facts of stuff.

And when you can show me $ actually being sent to a 1%er and nothing to the rest, then I'll listen to this BS broken record. This is the exact same BS propaganda that's been said literally Trumps entirety ever in office of "OH NO he's gonna....." and it NEVER happens. NEVER! 

Gonna make WWIII with N.korea.... never happened. 

Gonna make a great depression.... never happened. 

On and on and on and on....... 

Were not listening to the BS anymore. We fell for it and got a geriatric bumbling moron and his cackling parrot that literally f'd off while unknowns ran the place and sold we the people down the river.  

Everything literally EVERYTHING was worse. Except for that 1%....... 


 "This whole propaganda of "Nobody voted for Elon" is just obnoxious at this point. Did anybody vote for your mail carrier?" 

. . .

"And when you can show me $ actually being sent to a 1%er and nothing to the rest, then I'll listen to this BS broken record."

===========================================

My mail carrier had to go through a background check, pass a civil service exam, has limited duties, and isn't demanding access to complex computer systems that he doesn't understand and view sensitive, personal data.

BTW -- Biden didn't extend Trump's tax cuts.

Not even a nice try trying to move the goalposts -- Trump gave a pittance in tax cuts for the regular people, and the vast majority of the cuts went to the top 1 percent. -- Which is why you tried to change the goalposts.

Trickle down has never worked. Didn't work for Reagan, Didn't work for the Shrub. Didn't work for Trump even before Covid. Those cuts don't trickle down, and they don't pay for themselves.

The only one in a propaganda bubble is you, James. That's fine, but stop making stuff up and stop making false comparisons.


You can't seriously be that daft...... 

Elon Musk, founder of PAYPAL..... Dude, PAYPAL. P-A-Y-P-A-L..... Do I need to spell it out in crayola for you of what access he has forever had? 

Not to mention SPACE-X.... Elon literally holds a Top Secret USG security clearance level. This is the guy the CIA calls when they need whatever sent into space. 

But yeah, I'm sure you right that the guy who controlled PAYPAL and Space-X is not to be trusted with your address, because ya-know that's some super secret stuff nobody can get with a freakin google search...... 

So Biden didn't extend Trump I tax cuts..... What color is the sky in your world? Was Biden POTUS for 4 years?  Are the Trump I tax cuts still in place? This isn't hard math here buddy....

If Johnny started with 1 apple, and still has 1 apples, how many apples did Johnny NOT eat? 


"
So Biden didn't extend Trump I tax cuts..... What color is the sky in your world? Was Biden POTUS for 4 years? Are the Trump I tax cuts still in place? This isn't hard math here buddy...."
------------------------------
Trump's 2017 tax cuts were set to expire in 2025, the length of Biden's entire term.

Musk is accessing more than addresses, and you know it.

The sky here is blue. You need to learn how to read a calendar.

See this is the selective narrative that oh-so-many of us "normal" Americans are wide-awake noticing, and oh-so flippin exhausted of.  

You have Bilbo-Biden so quick with the pen to erase Trump I this that n the other, cheering executive power the whole way and decrying how everything/anything Trump is so bad. You declare the Trump I tax cuts as "$ for the rich" bady-bad-evil.... well, what happened, was the pen out of ink

Oh-no, narrative flips and it's "well that was already in place so couldn't touch that"..... 

Oh.... But everything else that was in place, that's "different".... 

We see you.... 

We see through the BS, distortion and spin. 

Tell me, what is it your so terrified Musk will see in the data? 

What is it Musk, a person with TS-Q level clearance or better, who is entrusted with national Security Secrets, can not be trusted with? 

What is this info that countless millions haven't freely given Musk at PayPal? 

Musk has held TS-Q+ security clearance for years, all the data at paypal, and not 1 single instance of any fraud or impropriety ever.... But NOW, all of a sudden he can't be trusted...... 

Hummmm, I wonder what changed between all those years and now all of a sudden? What changed in recent weeks/month's where Musk suddenly can't be trusted....... I wonder.....  

There is people, literally thousands of people, with significantly lessor security clearance, lessor scrutiny, lessor oversight, who have all this data and have for years on end. What about them? 

I mean, if Musk and TS-Q security clearance is not enough, ok, then what security clearance level is enough?     

Are you going to also demand the literal thousands of other Gov workers who have significantly lessor security clearance be immediately barred access to this data? 

So you want the SS department to literally close, now, today. I guarantee not a single one of them has TS-Q clearance. 

Medicare and Medicaid, you want them stopped and shut down too. 

They have this data, your name, SS#, income etc. and not a 1 of those federal workers has TS-Q clearance.

Should I go on? 

The IRS, holly-cow, they IRS has ten's of thousands with this data and not a dang one has received Top Secret Q level clearance....... 

I hit you with facts and you spin, lie and distort. Because the entire premise of your argument is a lie. 

The true premise is you Hate Trump, you hate Elon because of his association to Trump, and thus you hate anything and everything they do. But you can't speak that truth because you know it won't sell. So you seek info to assist your pre-determined narrative that there dumb, bad, and doing wrong. 

VS I who have no agenda other than the truth, dig for the truth, for facts, and wherever they take me. And the facts are NOT what your propagandize. 

Elon is definitively the most secured person to ever be appointed a presidential advisor or a cabinet head (even though he technically isnt, even if he was point stands). 

Elon has done/doing projects for/with the NRO. Do you even know what that means? 

Post: Trump Policies Will Put Downward Pressure on Real Estate Rents/Prices

James Hamling
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I thought it was an "Onion" headline, but it turns out that our Cheeto-in-Chief wants to send $5000 dollar Stimi-checks again, ie direct M2 inflation like he did in 2020, this time to every American "household", about 130 million of those. But now under the guise of "returning the waste and fraud to the American people." This would be about 650 Billion dollars one time so far.

This could certainly potentially worsen inflation again, remember he caused the recent 2021-22 inflation by printing 3.4 Trillion no one needed, followed by grandpa Biden adding his own 2.3 Trillion or so, though he may not remember doing it. If we get a second inflation bump now with a weakening Europe and Asia, he may just bring on the next recession, and that won't be good for CRE at all.

Last week's CPI print was awesome. It showed a headline core CPI of just 3.3%, but as we all know it's housing component is 36% of the number and it uses an antiquated sampling system of owner equivalent rents O.E.R., that is 1 year old data and bad data due to methodology. If you instead put in actual current Rent data, which is much lower, the core CPI is currently 2%, which is the putative FED ie New Zealand target. As future monthly CPI reports print, wall-street and the US treasury market will then trade on this, thus continuing the fall of the 10 year yield, likely to upper to mid 3s, lowering mortgage rates/cap rates. Now the guy who "knows the best words and went to the best schools" is threatening all the pain that we have endured from the FEDs Rate-pocalypse in 2022.

I'm still hoping mainstream media picked up the story from the "Onion" and it's not true. Didn't he and Herr Musk tell us we needed to decrease the debt and deficit? Maybe use that 650 Billion to pay down our credit card balance which is rising at 1 Trillion every 95 days and perhaps then the Bond market would take our own country seriously. 

Maybe Trump and Biden and their rich friends actually want to subject our middle class to a permanent state of Penury, by engineering inflation at every chance?


I have mixed feelings on this.....part of my brain says to take that money and pay down the debt, that's what I would do if t were my household finances...but then, what a brillant political move to send everyone (well they're saying only taxpayers) a check for a few grand. If I were going to be really sneaky, I would give everyone a little something, imagine the goodwill that would spread.....


It's hilarious. 

If Trump RETURNS our tax payment's that were recaptured for whatever BS spending attempts, he's a bad guy. 

Yet if he did all this and DIDNT return it, he'd be labeled a thief and bad guy for keeping it. 

COVID happens and world is in panic, shuttering the entire economy per the demand and directive of ALL in government especially the D's...... And Trump is a bad guy for the $ sent to help get people by. Yet Biden is a savior for doing the same thing...... 

Trump bad on deportations, Obama great for deportations....... 

There is literally NOTHING Trump or Elon can do right, NOTHING. 

Do these lunatics think we are blind to this BS setup? Do they really think us so dumb that we can't see what's right in front of our faces? 

Find corruption and insane waste in Gov spending, now your a bad guy.... 

How did we get here? 

How did we get to this point where people literally don't care what's done, however good or bad, that the ONLY thing that matters is what club there a member of? 

This isn't division, it's derangement

Picture a person in court for charges of murder and the jury says "yeah yeah yeah, evidence schmevidence, but who did he vote for?". 

That's the exact insanity people are using now. W-T-F.... 

M 7:2-3, M 7:12

1. Nobody voted for Elon, so he has no business mucking around, period, especially in our private data, nor in government systems.

2. As for Trump wanting to give money back to the people, you will find that the people he wants to give the money to aren't the same as the ones who sent the money in. Trump's tax cuts -- which he wants to extend -- are heavily biased towards the top 1 percent. Then there's the small matter of deficits increasing under Trump more than they did under Biden.

3. Assume the spending cuts are made and money saved -- pay down the debt. Better yet, let the tax cuts expire and use the extra revenue to pay down the debt and build productive infrastructure. You will find that that was Biden's plan. Trump wants to crate the economy and direct money to the rich.

This whole propaganda of "Nobody voted for Elon" is just obnoxious at this point. 

Did anybody vote for your mail carrier? 

The President is the flipping PRESIDENT, as in head of the dang government. This nauseating concept that the President is just a figure head who's supposed to actively run nothing and EVERY federal manager or advisor requires a National vote is REDICULOUS. 

And every American not infected with derangement syndrome acknowledges this and keeps shaking there head at the "Karens" and there fake freak-out on this demanding everyone join in there temper tantrums. 

Do you not notice how the vast majority of the nation is NOT with you on your karen-campaign? 

Do you not notice the vast majority of the country saying "give it a rest and let them do there dang jobs"? 

This wasn't some post election day switcheroo, Trump literally PROMISED us, the American people this, EXACTLY this. For month's telling everyone, campaigning on it. And the people spoke! They voted FOR THIS. 

So what your doing is literally yelling at people saying "OMG, aren't you MAD, there doing exactly what they said they'd do and what you asked them to do! HOW DARE THEM!".... 

When you buy a plan ticket to Dallas, and land in, Dallas, do you get out and yell at them "How dare you take me to Dallas!".... 

As for Biden's plan..... you are aware it was Biden who extended these tax cuts. 

You need to step out your propaganda bubble my friend. Stop regurgitating what some talking head is telling you to think things are and instead read some actual facts of stuff.

And when you can show me $ actually being sent to a 1%er and nothing to the rest, then I'll listen to this BS broken record. This is the exact same BS propaganda that's been said literally Trumps entirety ever in office of "OH NO he's gonna....." and it NEVER happens. NEVER! 

Gonna make WWIII with N.korea.... never happened. 

Gonna make a great depression.... never happened. 

On and on and on and on....... 

Were not listening to the BS anymore. We fell for it and got a geriatric bumbling moron and his cackling parrot that literally f'd off while unknowns ran the place and sold we the people down the river.  

Everything literally EVERYTHING was worse. Except for that 1%....... 


 "This whole propaganda of "Nobody voted for Elon" is just obnoxious at this point. Did anybody vote for your mail carrier?" 

. . .

"And when you can show me $ actually being sent to a 1%er and nothing to the rest, then I'll listen to this BS broken record."

===========================================

My mail carrier had to go through a background check, pass a civil service exam, has limited duties, and isn't demanding access to complex computer systems that he doesn't understand and view sensitive, personal data.

BTW -- Biden didn't extend Trump's tax cuts.

Not even a nice try trying to move the goalposts -- Trump gave a pittance in tax cuts for the regular people, and the vast majority of the cuts went to the top 1 percent. -- Which is why you tried to change the goalposts.

Trickle down has never worked. Didn't work for Reagan, Didn't work for the Shrub. Didn't work for Trump even before Covid. Those cuts don't trickle down, and they don't pay for themselves.

The only one in a propaganda bubble is you, James. That's fine, but stop making stuff up and stop making false comparisons.

"....access to complex computer systems that he doesn't understand...."

ROFLMAO!!!! 
That's a good one..... 
DOGE, that definative lineup of computer genuises, lead by Elon Musk founder/ inventor/ creator/ innovator of: Paypal, Space-X, Tesla, Starlink, ChatGPT, autonomous driving software, landing flipping booster rockets from space back down on earth with pin point precision...... 

.... CLUELESS when it comes to complex computer systems such as the cold war era software at the US Government...... 

Baaaaa ha ha ha ha haaaaaaaaa!!!!!!! 

That's a good one.........