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All Forum Posts by: Cagney Moreau

Cagney Moreau has started 3 posts and replied 69 times.

Post: Tile Planning App

Cagney MoreauPosted
  • Contractor
  • Signal Hill, CA
  • Posts 69
  • Votes 11

no.

Please explain what you are trying to accomplish and post a few pics of the area and the tile you want to install. If its complex mosiac just download a grid on the internet and use ms paint to filll each area. If your doing uniform tile and you need an app you might be in trouble... just sayn

Post: The ceiling in the bathroom has this funky looking bubble

Cagney MoreauPosted
  • Contractor
  • Signal Hill, CA
  • Posts 69
  • Votes 11

scrap it off so we can get a better look.

For all we know it could be as simple as a lack of primer to something more extreme like a water leak.

Post: commercial real estate in Orange County!

Cagney MoreauPosted
  • Contractor
  • Signal Hill, CA
  • Posts 69
  • Votes 11

Sounds like you are making things happen for yourself.

What kind of commercial properties do you see yourself investing in orange county?

Post: Is this a sign that we are in for another crash?

Cagney MoreauPosted
  • Contractor
  • Signal Hill, CA
  • Posts 69
  • Votes 11

I think this is a good post and I will play devils advocate to the responses just for the heck of it.

The main replies have been 

a) the economy is fine don't worry about it and 

b) were in this for the long haul don't worry about it

But remember, we live in a world where the economy is so weak that investors, businesses and even banks and governments are watching to see what financial engineering will be needed to keep the train on the tracks. And not for the next 20 years but for the next six months. I think the international debt markets are the clearest indication that their are major structural issues. I also think that when these issues come to pass they will affect housing prices to some degree. Yellen couldn't even squeeze out a tolken .25 basis points and people are saying the economy is fine? Doubt it. HoweverI do believe prices will keep moving higher but not in a straight line.

This leads to my second point, if you are a newbie investor the last thing you can afford is to take the money your saving and end up upside down on an investment. I'm seeing some narrow spreads because these people are desperate to get out of their 9-5 and think this is the only way. How many real estate investors are itching to write a check but will end up waiting years to break even? It happens all too often. 

If a newbie investor has an existing business or trust fund and can afford to loose some money then go ahead. But if your a newbie investor scrimping and saving and your only going to get a single shot then you had better hit the target!

Post: New Member from Los Angeles, Southern California

Cagney MoreauPosted
  • Contractor
  • Signal Hill, CA
  • Posts 69
  • Votes 11

welcome to the forum. 

How was your investment company funded? what areas of so cal do like/dislike right now?

Post: City won't allow me to rent out my Triplex

Cagney MoreauPosted
  • Contractor
  • Signal Hill, CA
  • Posts 69
  • Votes 11

Everyone has laid out the best 3 options. I thinking serving he city with a lawsuit and then settling right out of the starting gate to make this an adult or senior living community.

Who own's the senior center and why do they have more pull than you?

Post: Getting called a "slumlord" by friends and family

Cagney MoreauPosted
  • Contractor
  • Signal Hill, CA
  • Posts 69
  • Votes 11

offer them a little peanut butter with that jelly!

Post: home zoned commercial

Cagney MoreauPosted
  • Contractor
  • Signal Hill, CA
  • Posts 69
  • Votes 11

not sure about BC but in my area the city cant kick you out of your primary residence if the building is habitable and you are grandfathered in.

Most of the u.s. gives special consideration for peoples primary residence because its hard to justify kicking people out who have nowhere to go. I suspect you have similar laws that you might want to look into. if its ever vacant though it could be an issue

Post: Asphalt Sealing / Pavement Markings psf?

Cagney MoreauPosted
  • Contractor
  • Signal Hill, CA
  • Posts 69
  • Votes 11

its 12 cents per foot here. plus markup for any extra damage like treating oil stains, patching or filling plus striping is extra as well

Post: Adapting to a changing market in California

Cagney MoreauPosted
  • Contractor
  • Signal Hill, CA
  • Posts 69
  • Votes 11

"It's waiting that helps you as an investor, and a lot of people just can't stand to wait."

Charlie Munger