Author Topic: The Real Estate Investing Thread  (Read 14249 times)

Stupid Fitz and 1 Guest are viewing this topic.

Offline KITNfury

  • Pak'r Élitaire
  • ****
  • Posts: 7085
  • Eat My Ass Whole
    • View Profile
Re: The Real Estate Investing Thread
« Reply #150 on: June 18, 2022, 08:13:34 PM »
Swooping in on them apartment buildings huh fam
I prefer apartments over SFH, but there are benefits to both.
I once blew clove smoke in a guy's face that cut in front of me in the line to KJ's.

Offline catastrophe

  • Pak'r Élitaire
  • ****
  • Posts: 15110
    • View Profile
Re: The Real Estate Investing Thread
« Reply #151 on: June 18, 2022, 09:25:45 PM »
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.

Offline Institutional Control

  • Pak'r Élitaire
  • ****
  • Posts: 14936
    • View Profile
Re: The Real Estate Investing Thread
« Reply #152 on: June 18, 2022, 09:30:37 PM »
A house for sale in our neighborhood just dropped their asking price by $150k this week.

#thanksobama


Sent from my iPhone using Tapatalk

Offline catastrophe

  • Pak'r Élitaire
  • ****
  • Posts: 15110
    • View Profile
Re: The Real Estate Investing Thread
« Reply #153 on: June 18, 2022, 09:32:43 PM »
A house for sale in our neighborhood just dropped their asking price by $150k this week.

#thanksobama


Sent from my iPhone using Tapatalk
Anecdotally inventory in my area has finally started to improve, but prices are still very ouch.

Offline Institutional Control

  • Pak'r Élitaire
  • ****
  • Posts: 14936
    • View Profile
Re: The Real Estate Investing Thread
« Reply #154 on: June 18, 2022, 09:36:50 PM »
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.


Sent from my iPhone using Tapatalk

Offline KITNfury

  • Pak'r Élitaire
  • ****
  • Posts: 7085
  • Eat My Ass Whole
    • View Profile
Re: The Real Estate Investing Thread
« Reply #155 on: June 18, 2022, 10:45:12 PM »
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.
I once blew clove smoke in a guy's face that cut in front of me in the line to KJ's.

Offline DQ12

  • PCKK7DC Survivor
  • Pak'r Élitaire
  • *******
  • Posts: 22226
  • #TeamChestHair
    • View Profile
Re: The Real Estate Investing Thread
« Reply #156 on: June 23, 2022, 12:02:11 PM »
Is it at all worthwhile to get a license to cut down on some commission costs?


"You want to stand next to someone and not be able to hear them, walk your ass into Manhattan, Kansas." - [REDACTED]

Offline KITNfury

  • Pak'r Élitaire
  • ****
  • Posts: 7085
  • Eat My Ass Whole
    • View Profile
Re: The Real Estate Investing Thread
« Reply #157 on: June 23, 2022, 01:20:43 PM »
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.
I once blew clove smoke in a guy's face that cut in front of me in the line to KJ's.

Offline steve dave

  • Global Moderator
  • Pak'r Élitaire
  • *****
  • Posts: 85189
  • Romantic Fist Attachment
    • View Profile
Re: The Real Estate Investing Thread
« Reply #158 on: April 14, 2023, 09:27:43 AM »
When executives demand returning to the office this is why, obviously

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


Sent from my iPhone using Tapatalk

Online michigancat

  • Contributor
  • Pak'r Élitaire
  • *****
  • Posts: 53680
  • change your stupid avatar.
    • View Profile
Re: The Real Estate Investing Thread
« Reply #159 on: April 14, 2023, 09:53:40 AM »
When executives demand returning to the office this is why, obviously

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


Sent from my iPhone using Tapatalk

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

Offline Spracne

  • Point Plank'r
  • Pak'r Élitaire
  • *
  • Posts: 20953
  • Scholar/Gentleman, But Super Earthy/Organic
    • View Profile
Re: The Real Estate Investing Thread
« Reply #160 on: April 14, 2023, 10:13:36 AM »
Is it true that if you don't use it, you lose it?

Offline DQ12

  • PCKK7DC Survivor
  • Pak'r Élitaire
  • *******
  • Posts: 22226
  • #TeamChestHair
    • View Profile
Re: The Real Estate Investing Thread
« Reply #161 on: April 14, 2023, 02:15:07 PM »
When executives demand returning to the office this is why, obviously

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


Sent from my iPhone using Tapatalk
It seems to me that a lot of commercial real estate could be converted to residential.


"You want to stand next to someone and not be able to hear them, walk your ass into Manhattan, Kansas." - [REDACTED]

Offline DaBigTrain

  • Pak'r Élitaire
  • ****
  • Posts: 11638
  • stuxnet, meltdown, spectre, Bitcoin, ffChamp
    • View Profile
Re: The Real Estate Investing Thread
« Reply #162 on: April 14, 2023, 02:46:55 PM »
Is it true that if you don't use it, you lose it?

Yes.
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"

https://blockstream.info/block/000000000019d6689c085ae165831e934ff763ae46a2a6c172b3f1b60a8ce26f

Offline catastrophe

  • Pak'r Élitaire
  • ****
  • Posts: 15110
    • View Profile
Re: The Real Estate Investing Thread
« Reply #163 on: April 14, 2023, 04:05:51 PM »
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.

Online wetwillie

  • goEMAW Poster of the WEEK
  • Pak'r Élitaire
  • *****
  • Posts: 30248
    • View Profile
Re: The Real Estate Investing Thread
« Reply #164 on: April 14, 2023, 04:13:07 PM »
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.
When the bullets are flying, that's when I'm at my best

Offline steve dave

  • Global Moderator
  • Pak'r Élitaire
  • *****
  • Posts: 85189
  • Romantic Fist Attachment
    • View Profile
Re: The Real Estate Investing Thread
« Reply #165 on: April 14, 2023, 04:25:44 PM »
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.

Offline star seed 7

  • hyperactive on the :lol:
  • Pak'r Élitaire
  • ****
  • Posts: 63776
  • good dog
    • View Profile
Re: The Real Estate Investing Thread
« Reply #166 on: April 14, 2023, 05:44:01 PM »
Just cleaned out my office yesterday to allow for someone new to take. I have been upgraded to full wfh.
« Last Edit: April 14, 2023, 06:34:21 PM by star seed 7 »
Hyperbolic partisan duplicitous hypocrite

Offline ben ji

  • Senior Moderator
  • PCKK7DC Survivor
  • Pak'r Élitaire
  • *******
  • Posts: 11565
  • Alot of people dont hit on an 18
    • View Profile
Re: The Real Estate Investing Thread
« Reply #167 on: April 14, 2023, 06:12:09 PM »
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.

Offline steve dave

  • Global Moderator
  • Pak'r Élitaire
  • *****
  • Posts: 85189
  • Romantic Fist Attachment
    • View Profile
The Real Estate Investing Thread
« Reply #168 on: April 14, 2023, 07:49:21 PM »
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.


Sent from my iPhone using Tapatalk

Online michigancat

  • Contributor
  • Pak'r Élitaire
  • *****
  • Posts: 53680
  • change your stupid avatar.
    • View Profile
Re: The Real Estate Investing Thread
« Reply #169 on: April 14, 2023, 08:57:56 PM »
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.

Offline Spracne

  • Point Plank'r
  • Pak'r Élitaire
  • *
  • Posts: 20953
  • Scholar/Gentleman, But Super Earthy/Organic
    • View Profile
Re: The Real Estate Investing Thread
« Reply #170 on: April 14, 2023, 09:08:17 PM »
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.

Offline star seed 7

  • hyperactive on the :lol:
  • Pak'r Élitaire
  • ****
  • Posts: 63776
  • good dog
    • View Profile
Re: The Real Estate Investing Thread
« Reply #171 on: April 14, 2023, 09:13:33 PM »
Capitalist pig smdh
Hyperbolic partisan duplicitous hypocrite

Online michigancat

  • Contributor
  • Pak'r Élitaire
  • *****
  • Posts: 53680
  • change your stupid avatar.
    • View Profile
Re: The Real Estate Investing Thread
« Reply #172 on: April 14, 2023, 09:15:53 PM »
Yeah I won't argue any of that

Offline steve dave

  • Global Moderator
  • Pak'r Élitaire
  • *****
  • Posts: 85189
  • Romantic Fist Attachment
    • View Profile
Re: The Real Estate Investing Thread
« Reply #173 on: April 14, 2023, 09:36:42 PM »
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.

Offline tdaver

  • Katpak'r
  • ***
  • Posts: 1882
    • View Profile
Re: The Real Estate Investing Thread
« Reply #174 on: April 14, 2023, 11:03:46 PM »
My company has a 3 day in the office, 2 day WFH policy.

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