I’m more worried each month that I have more available funds than anticipated, I am running out of ideas of what to do with them besides sticking them into a CD. I didn’t think tech would have lasted as well as it has. I guess it’s pretty difficult to get a work visa these days to fill a lot of unmet demand, lol.
Also, rent has been good. I had folks move out because they were impacted by the QC layoff, but they were filled right back up, again with newer recent hired QC guys. There were also folks looking to rent from Intel, Illumina, random biotech startups,etc. The bulk of the applicants didn’t make less than $90k/year and didn’t have a credit score less than 750. The problem was trying to close on a lease with tenant prospects during the week of the QC layoff. Two people signed a lease and then backed out because the found out the next week that they were impacted. I should have waited for the dust to settle.
Has anyone noticed the freeway traffic?It’s starting to look like L.A. traffic in some parts. I’m super excited about the trolley lines going all the way to UTC/Genessee.
On a side note, I predict by the same time next year the new dimsum place Fung Fung Yuen in Mira Mesa will be closed. Their business sucks. In other news, Pearl in RB has reopened under new management. Supposedly some korean restauranter that does a lot of BBQ places… And the food is pretty good there again…
