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13 April 2024 | 13 replies
I am printing letters today to start mailing to homeowners of distressed properties.
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14 April 2024 | 25 replies
for some reason REITs have never been a sexy asset class, older investors look at REITs as a weird-bond and wonder why own something with 4-5% dividend when they can own Investment Grade corporates at 5-6% or even recently US treasuries at 5%, and young investors don't even know what they are.yet they acquire class A real estate, the kind you and I can't due to price, the kind that has the best capital appreciation in great areas long term, and they have access to credit at lower rates than us, or they can just print shares and get new capital for free that way, to buy more great properties, They can pay for the best management, they don't ever pay brokerage fees either in or out (have everything in -house), and they generally have much lower risk as most of their portfolios are leveraged at only about 30-40% LTV, and we have zero personal liability when owning them as opposed to the litigation headaches we get with direct RE, and right now they collectively are on sale about 25-50% below their NAVs at lowest valuation since 2008, as opposed to SP500 at all time highs.
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12 April 2024 | 2 replies
I just saw in the fine print of the HAP contract that they prorate the first month
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14 April 2024 | 885 replies
Per the fine print (that's in ALL cards) they could pretty much do whatever they wanted and did.
11 April 2024 | 10 replies
Ya i dont use the virtual boarding pass much.. a few times I could not get it to come up at secruity and I had to go back to the coutner to get the paper ticket.. with Alaska who is who i normally fly I print the boarding pass at home and then just go straight through security ..
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9 April 2024 | 13 replies
When it comes to Steadily you must read all the fine print, since they tend to give STR owners a policy that explicitly say STR stays are excluded.
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9 April 2024 | 0 replies
Additionally, the use of new construction technologies, such as 3D printing and prefabricated modules, can significantly reduce costs and construction times, offering a competitive edge to those who adopt them.The Long-term VisionInvesting in real estate, managing properties, and engaging in construction are not just about capitalizing on immediate opportunities; they're about vision and persistence.
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9 April 2024 | 13 replies
It all depends on what your goals are but Raleigh-Durham isn't a place you buy a cute duplex and start printing money :)
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9 April 2024 | 64 replies
....and the FED keeps printing loot.
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8 April 2024 | 39 replies
The small print will get us everytime.