All Forum Posts by: Account Closed

The last talk I heard was where he was talking about the market rising til new construction pencils...

THAT, I can imagine, is what everyone (the govt and their keeping rates low) wants to happen... he followed this point by saying that in after every turnaround in new construction, the economy turns around also.

while i do not recall any specific %'s in appreciation, he did talk about how he expects the market to continue to the point where new construction kicks in and gains momentum. Once the economy turns around, the bubble is definitely live (and the clock ticking).

THAT said, i'm still baffled (and concerned) that despite a boom in new construction and bubble 2.0 (at least in cali), how does the lack of employment factor into this growing/pending bubble?

if it's true that the economy mirrors the uptrending new construction, I infer that the majority of our job market must be closely tied to housing manufacturing and service markets. hmmmm... more data is needed to qualify this assumption as well as help figure and further guesstimate how employment influences and is influenced in such a trend.

so here's a question for the more seasoned investors (maybe specifically in the socal market, but also to those outside the market)... what marker do you figure new construction pencils? I'm assuming that might be at the $120/sf marker and not the replacement value of $80/sf... right? that said, i'm not sure if those numbers 120 (where new construction pencils) and 80 the replacement cost value is used for general nationwide calculations or that's just from what i've heard once upon a time from somewhere in my mind that i recall being from an authoritative source. :)

anyone w/more experience care to chime in?
@j scott, Will Barnard, Karen Margrave... hmmm my (at) mentions don't seem to be working properly right now..

hahaha... whoa... hmmm... ya, i really think it's time to go to sleep now.

Cameron Parker.. that vid was actually refreshing and my style of motivation. thanks for sharing!

noooo... wrong ronnie, Bill Gulley... it was @ronnie snipes.... NOT ronnie sparrows. :)

Joel Owens wow... what a nice, early mother's day gift. God bless you for being such a good boy to your mom! :)

well, maybe the next time such a project comes up and you have a decision to do it or delegate it, that decision will indicate that either you forgot how much fun you had w/hard labor OR that you deep down inside, truly enjoyed the invigorating experience!

I personally enjoy laboring my brain more than fumbling over hardware. I'm all thumbs in molasses when it comes to any rehab work greater than changing light bulbs or door locks and handles. i'm more comfortable with things that beep and click...

yes, James sure does look perty... the profile pic, of course.

I've been told I look a bit thirsty in my pic. Even "cute" by another member. Yup... i'm certainly all that and a box o' birdseed (and puppy chow).

haha... and Bill Gulley, back in the old testament days, I think lightning struck such charlatan's... altho, I'm sure if you read carefully on the internet, it still happens from time to time...or blog to blog... but definitely from email to email.

wow... sorry... maybe it's just really late, and I should just get to bed, but I had a hard time reading all that. I don't think it was b/c of the length of it tho.

by any chance did you write all this on your phone or tablet?

I THINK I read somewhere in there something about mobile homes and also something in there that led me to think you might prefer to start small and get your feet wet first, maybe?

mobile homes investing would fit that criteria. assuming that's one place to start, you'll do well to start reading here:

Mobile Home Forum

prolly safer, less invasive, and a safer way to help get your feet wet and train your brain to see deals differently... well, at the very least, you're at the right place and the right time if you want to get your head on straight about real estate investing.

Maybe after I get some rest, I'll understand better what I just read.

Good luck!

hey! it's hard work bird dogging properties for you demanding, PICKY, have-to-pencil, find me something off-list type investors! why can't you be satisfied like the majority of the wholesalers who think 10% below market value at list is a deal... especially in this hot market? 'sides, you'll get your 20-30% profit margin in a few months after you rehab it... if this is like 2004 all over again, you should (maybe) have a window of 3 yrs to ride it up! ok... well, so, this market is a LI'L different than the last bubble.

at any rate, i'll take the INFERRED offer for a drink tho... maybe the next BP disneyland visit that Brandon Turner makes I can make it out to faraway land in T.O., and you can help this parched (and hungry) bird-dog.

last note and comment on this thread...

NOTE: see how thorough i am? when i hijack a thread, i really make sure there's no question of the job. i am thorough and detailed... "how we do anything is how we do everything"... something to consider when working with me ;)

darn... Dion DePaoli and Bill Gulley were JUST ABOUT TO GET SCHOOLED by the mystery investor Ronnie Snipes probably the star pupil of the guru program... and thennnnn....

hello? what happened?? I was all ready to do backflips on the secret recipe to backflipping residential and how these types of loans REALLY WORK! alas, we are left hanging and none-the-smarter... just when it was gettin' good!