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Messages - KITNfury

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1
Kansas State Football / Re: BSFS Expansion Thread
« on: May 20, 2020, 09:55:07 PM »
 Powersunflower alternate helmets

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Dax shared stuff they were planning back in the day. I delivered the news to the phog that 2017, at the earliest, is when they might start their renovations. I got laughed out of the thread. I was wildly off.

bump the threads, and post responses  :users:
I wish I bookmarked it. Don't have any idea if they still have threads that old or not

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Kansas State Football / Re: BSFS Expansion Thread
« on: May 20, 2020, 08:10:12 AM »
That's all nice, hope it all comes together. I do think the nicest thing is them adding that bus loading zones for BSFS and the baseball stadium area. That'll be real nice. I wish they would add a pedestrian walk over Kimball but oh well. My biggest question will be what art will be put in that roundabout on Denison.
A giant sunflower, but instead of the flower, it's a Powercat. Surrounding it is a bunch of tiny Powercat flowers

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Dax shared stuff they were planning back in the day. I delivered the news to the phog that 2017, at the earliest, is when they might start their renovations. I got laughed out of the thread. I was wildly off.

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I don't see any reason for them to wait longer. They've pretty much seen what we are doing and have done. Now they can dress us up in a clown suit and tea bag us to death.

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Essentially Flyertalk / Re: New To Investing Thread
« on: May 09, 2020, 10:37:42 AM »
Sounds kinda culty when you talk about residential property management, KITN. You may be right about what will happen, but there's just something about your tone.
Not sure what that means haha. Does the haha help or hurt my tone?

7
Essentially Flyertalk / Re: New To Investing Thread
« on: May 09, 2020, 10:23:29 AM »
Home value directly relates to rental value though, right? I’m no expert but you’d think there’d be a direct correlation.


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It can but not too much. I wasn't a property owner during the '08 crash. That was one of the biggest American real estate crashes of all time. The investors I've spoken to that had property then said that most rent held steady or even went up. Why? People were losing their homes so credit was garbage and couldn't buy another. They became tenants.

Not saying it can't cause a little dip, but at least historically, property losing value don't drive rent down. Real estate values going up will likely cause rent to go up though.

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Essentially Flyertalk / Re: New To Investing Thread
« on: May 09, 2020, 10:13:50 AM »
Spitballing here, but a somewhat sustained 15% unemployment rate could have an impact on residential real estate values.
Sure, but if you're only investing in real estate for the value of the property, YDIW. If you're cash flowing positively with enough reserves and margin, you don't GAF about the actual value. At least not too much care.

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Essentially Flyertalk / Re: New To Investing Thread
« on: May 09, 2020, 10:11:40 AM »
I’m specifically talking about commercial real estate, people still need places to live. They probably don’t need places to work. Companies are announcing daily that they are not going back to the office or at least regional offices as they can just WFM and save on capital costs, Nationwide did yesterday or the day before as one example. There will be a lot more that do. My company is evaluating it and I’m confident our regional office space will be nonexistent after having thousands of employees in regional spaces prior to this.


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Agreed about office space, very glad I don't hold that type of property. One thing about that though. Good chance it will get much cheaper to buy and someone will think of a creative way to repurpose it and make a boat load.

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Essentially Flyertalk / Re: New To Investing Thread
« on: May 09, 2020, 09:27:38 AM »
Also if you are in REIT you've got your ass kicked through this thing and I'm betting that ass kicking is going to continue for a long time because there are a lot of people that will just never go back to the office after this thing clears up. If I had any stand alone REIT I'd take the bounce that has happened to this point and move it. I'm wrong like half the time which is why I still have a stupid job so tifwiw.
This could be true depending on what the REIT has invested in. But why do you say that?

I'm very bullish on real estate investing, but I invest as an owner, not REITs. I haven't been hurt at all yet. Hopefully that continues, obviously no guarantees. But while the stock market burned, my investments kept going steady. Only time will tell if it holds, but I'm not too nervous about it.

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Kansas State Football / Re: Football Recruiting Thread
« on: April 30, 2020, 08:41:39 PM »
Between Pennsylvania dude and Colorado dude, I'm confident at least one will be a total stud

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And just like that, Tom DeLonge is relevant again.
I hate that forest pops into my mind while reading that

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Kansas State Football / Re: KU football is going through a rough patch
« on: April 27, 2020, 05:00:07 AM »
He's just there for the ketchup.

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Not gonna lie, I want a full meat barrel now.

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Kansas State Football / Re: KU football is going through a rough patch
« on: April 15, 2020, 01:41:46 PM »
How unbelievably awesome would it be to book an Uber and then have your driver turn out to be David Beaty?
LOL that Uber gem made reading the article worth it.


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Kansas State Football / Re: KU football is going through a rough patch
« on: April 06, 2020, 06:58:48 PM »
I would've thought unc was above that sort thing.

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my hair was not designed to grow out.
Me either. That's exactly why I'm doing it. I'll look like total crap. Can't wait.

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 I figure I'll not shave through the lock down.

It looks like crap and will always look like crap, but I wanna know exactly how bad. My cheek hair is THIN.

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Essentially Flyertalk / Re: New To Investing Thread
« on: March 23, 2020, 04:15:17 PM »
Let me make an analogy that this board might understand better. A well-functioning economy is like a well-functioning zerk. Cash/liquidity availability is like the grease on a zerk. The Fed is the grease gun.
No crap, but there are negative consequences to overprinting money. That can't be denied.

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Essentially Flyertalk / Re: New To Investing Thread
« on: March 23, 2020, 03:53:23 PM »
I feel like the people freaking out about that have no idea about monetary policy.
"Infinite amount of cash" doesn't bother you? It actually doesn't bother me much if I don't look outside my bubble. Most of my net worth is in a tangible asset that is leveraged. So hyper inflation pushes me way up the totem pole.

But "infinite cash" printing kills almost everyone that have traditional savings /pensions.
Do you think there exists any scenario where the federal government would print and put enough money into circulation that its value is reduced like 80% plus?

And even if you thought that world existed, owning equity in companies could still hedge against it.
Like where tomorrow's dollar has the purchasing power of 20 cents today? No, I don't think it will be anywhere near that. I need more guns and ammo if that happens.

21
Essentially Flyertalk / Re: New To Investing Thread
« on: March 23, 2020, 03:51:01 PM »
Expanding economy is linked to credit, which is debt. Credit is created by printing money. Credit defaults happen at the end of a recession because all the good debtors are spent and banks have to loosen in order to keep growing. Eventually loans become riskier and riskier to the banks. Meanwhile the Fed keeps printing money to expand the credit, devaluing the dollar along the way.

Currently they are printing money at a record pace. They're kicking the can down the road and opening the door for high (relative) inflation and a hard economic crash. But sure, there are no real problems with "infinite cash".

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Essentially Flyertalk / Re: New To Investing Thread
« on: March 23, 2020, 03:36:56 PM »
I feel like the people freaking out about that have no idea about monetary policy.
"Infinite amount of cash" doesn't bother you? It actually doesn't bother me much if I don't look outside my bubble. Most of my net worth is in a tangible asset that is leveraged. So hyper inflation pushes me way up the totem pole.

But "infinite cash" printing kills almost everyone that have traditional savings /pensions.

23
Essentially Flyertalk / Re: What did you stock up on for the plague
« on: March 23, 2020, 03:20:27 PM »
A fair amount of food, lots of booze, and missed the boat on 9mm and 12g ammo. Don't think anywhere has any 9mm hollow point in KC for sale or 12g buck shot. But if anyone knows where some is, lemme know.

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Essentially Flyertalk / Re: New To Investing Thread
« on: March 23, 2020, 03:18:16 PM »
I dunno that dude, but it's terrifying that he would go on TV and say that. More scary is some people are comforted by that.

I hope that little snippet was taken out of context because we didn't hear what he said before /after that.

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Kansas State Football / Re: KSTATEO!
« on: March 17, 2020, 09:57:34 PM »

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