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3 November 2024 | 0 replies
I borrow dollars from the bank and immediately sell those dollars to owners of commercial income property that I want to own.And then I buy those dollars back over time using the cash our tenants pay us in exchange for using our space.I'm currently shorting $10M and I can't lose regardless of who wins on 11/5By the way, the dollar will always decline in value so this thesis is applicable in any election or economic cycle.Go vote for whoever you feel strongest about, but remember you have infinite more power and that which is within your direct control.
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4 November 2024 | 13 replies
Will not comment on training but just realize during bad economic times land depreciates the fastest and is the most illiquid.
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6 November 2024 | 29 replies
Reviewing their product page it does appear the $25/month is base with the marginal $1/unit pricing after that. https://latchel.com/emergency/So more economical as the portfolio grows, though very curious Your XP once repairs are triggered since most after hours calls would be “surge pricing” for any contractor they bring in. in 15 years I’ve only had a few of the stereotypical “after hours broken toilet” calls, but I know that’s highly variable by location and property class.
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2 November 2024 | 9 replies
The hospital did recently undergo expansion, but I wouldn’t count on that alone to drive major change in the area’s economic profile anytime soon.If you need more specific insights on Trowbridge Ave or the surrounding area, feel free to reach out—I’d be happy to help!
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1 November 2024 | 7 replies
Is it 83% physically occupied, or economically occupied?
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1 November 2024 | 6 replies
We are less susceptible to economic down turns because everyone here is a GS-15 married to a Booz Allen contractor and they will keep getting paid by the government regardless of what happens in the real economy.
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1 November 2024 | 9 replies
You can always choose to develop the land later down the line when the economics are more ideal.
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30 October 2024 | 35 replies
This is an astute observation that distinguishes between "mom and pop" landlords and large operations I can see how economies of scale can help, for example if you have 100 units and two have economic vacancy, it's not the catastrophe of owning a 2 unit and one half goes economically vacant.Nonetheless, is there a reason that small scale operations can't buy at a deep discount while large operations can?
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2 November 2024 | 20 replies
So many don't understand basic economics.
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6 November 2024 | 54 replies
I agree, seeing migration patterns coupled with insurance costs and insurability might be a good macro-economic indicator.