The Real Estate Investing Thread

[KITNfury]

Swooping in on them apartment buildings huh fam

I prefer apartments over SFH, but there are benefits to both.

[catastrophe]

Is it my turn to take it in the shorts or will I just continue pity my stock/crypto buds? Stay tuned!!

It seems like it’s all linked. I’m completely disillusioned on the whole “diverse portfolio” concept.

[Institutional Control]

A house for sale in our neighborhood just dropped their asking price by $150k this week.

#thanksobama


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[catastrophe]

A house for sale in our neighborhood just dropped their asking price by $150k this week.

#thanksobama


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Anecdotally inventory in my area has finally started to improve, but prices are still very ouch.

[Institutional Control]

The house was overpriced even for the ridiculous market we have. They were asking $900k and probably could have gotten $825k last month. I can’t imagine paying that much and then have to live in this shitty neighborhood.


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[KITNfury]

Is it my turn to take it in the shorts or will I just continue pity my stock/crypto buds? Stay tuned!!

It seems like it’s all linked. I’m completely disillusioned on the whole “diverse portfolio” concept.

There's definitely some truth to that, but I always figured diversification was a defensive move against losing it all, Enron style.

[DQ12]

Is it at all worthwhile to get a license to cut down on some commission costs?

[KITNfury]

Is it at all worthwhile to get a license to cut down on some commission costs?

Some people think so, but I've never seriously considered it.

[steve dave]

When executives demand returning to the office this is why, obviously

https://twitter.com/daniromerotv/status/1646879986937380865?s=46&t=odWzhuZU7P443NcVwlC1iQ


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[michigancat]

When executives demand returning to the office this is why, obviously

https://twitter.com/daniromerotv/status/1646879986937380865?s=46&t=odWzhuZU7P443NcVwlC1iQ


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I think there's gonna be a bubble there when long term leases expire. Not enough finance bros to prop that market up imo.

[Spracne]

Is it true that if you don't use it, you lose it?

[DQ12]

When executives demand returning to the office this is why, obviously

https://twitter.com/daniromerotv/status/1646879986937380865?s=46&t=odWzhuZU7P443NcVwlC1iQ


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It seems to me that a lot of commercial real estate could be converted to residential.

[DaBigTrain]

Is it true that if you don't use it, you lose it?

Yes.

[catastrophe]

Our office is currently in the bizarre position of being basically empty at least half of the week but having no “space” for new hires.

[wetwillie]

Our office is currently in the bizarre position of being basically empty at least half of the week but having no “space” for new hires.

Same.  HR has come to the brilliant conclusion that more people are in the office on Wednesday than any other day though, so they will figure it out eventually.

[steve dave]

Our office is currently in the bizarre position of being basically empty at least half of the week but having no “space” for new hires.

this is very common. we also allocate expenses to business units based on their desks. we actually started letting our people work fully remote in 2018 to just cut out that cost completely. thank god we aren't stuck holding that bag now like everyone else.

[star seed 7]

Just cleaned out my office yesterday to allow for someone new to take. I have been upgraded to full wfh.

[ben ji]

My company has a 3 day in the office, 2 day WFH policy. They have catered lunches on Monday/Tuesday so those days the office is pretty full but Thursday/Friday it's a ghost town.

My office is 10 minutes from my house so I go in most days but am 100% WFH on Friday afternoons. Really I only go in because I'm more productive and I get stir crazy spending an entire day in my house.

[steve dave]

If I was ever told I had to go back into the office at all I would quit on the spot. Too addicted to my home field and the flexibility with kids activities and whatnot. Obviously I travel for work and get my team in for meetings and crap but just daily bullshit isn’t happening. Also I could probably go a full year without “needing” anything more than my phone. Laptop makes pounding out long emails easier but I could throw it in the river and nobody would know for probably 6 months at least.


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[michigancat]

My office doesn't have mandatory in office but I work in physical products and it's honestly next to impossible to do 100% remote. But we have people (one person) on the team who suck and oddly enough they never come in so I'm thinking about making in office mandatory so they leave (hopefully). Would have fired this person but they got pregnant.

[Spracne]

My office doesn't have mandatory in office but I work in physical products and it's honestly next to impossible to do 100% remote. But we have people (one person) on the team who suck and oddly enough they never come in so I'm thinking about making in office mandatory so they leave (hopefully). Would have fired this person but they got pregnant.

Moving to NYC made you hard in a hurry.

[star seed 7]

Capitalist pig smdh

[michigancat]

Yeah I won't argue any of that

[steve dave]

My office doesn't have mandatory in office but I work in physical products and it's honestly next to impossible to do 100% remote. But we have people (one person) on the team who suck and oddly enough they never come in so I'm thinking about making in office mandatory so they leave (hopefully). Would have fired this person but they got pregnant.

Moving to NYC made you hard in a hurry.

if someone asked me if I just tried "justin vernon suit" and "bon iver suit" in an AI image generator and came away unimpressed so didn't post it I'd be forced to say no. THEN I'd burn in eternal hellfire for being a liar.

[tdaver]

My company has a 3 day in the office, 2 day WFH policy.

That’s my dream scenario, but full time officer here. :sad: