Forum Replies Created
-
AuthorPosts
-
CoronitaParticipantLooks like Sleepy Joe is romping Bernie in Michigan. Good.
For awhile, if you went to berniesander.com, it was redirecting to joebiden.com LOL.
CoronitaParticipantThe coronavirus is definitely going to hit the tourism industry and leisure travel. But come to think of it, I wonder how many people that count on AirBnb-ing or VRBOing their house are going to get screwed due to vacation/travel cancellations.
For example, SXSW was cancelled, Google IO was cancelled, lots of these venues were cancelled. It can’t be good for all the people that were hoping to AirBnb/Vrbo their homes like a hotel, versus more traditional leased properties with month/years leases.
CoronitaParticipant[quote=Hobie]Unless it is a metallic black, then there probably has some color embedded. Red is common, with silver or powdered silver for the metallic ( coarse vs fine ). Spray pressure/technique has a big effect of matching metallics. Then add the clear and colorsand to match texture. Lot of skill to match. That is why many people prefer a complete repaint. Pulling windows, mouldings, etc is the primo way to paint.
Yup, don’t crash your Tesla ;)[/quote]
Mazda has a tri-coat “crystal” paint that even really good shops have a hard time matching. I like to keep as much factory paint as possible because factory paint usually is harder and more consistent than even the best body shops.
CoronitaParticipant[quote=FlyerInHi]Dallas is not really suitable for “disgusted” Californians to relocate to. Maybe Amarillo.
Definitely not Austin.They are supposed to build a HSR between. Dallas and Houston. That would be too much to bear.
https://www.houstonchronicle.com/news/transportation/article/Company-announces-14-billion-deal-with-build-14437777.php%5B/quote%5DYou sir continue to paint that broad brushstroke for people.. It’s sad and funny at the same time. I’m sure in real life that must make you reaaally popular.
The main reason why some people hate public transportation in CA is because it sucks because the way infrastructure was done earlier, it’s difficult to use, not efficient, and not reliable, especially in SoCal, which is car capital. Up in the Bay Area, I don’t think you will hear many people complain about bart, or the caltrain.
I loved using calltrain when I had to briefly work in SF during a startup day, when I lived in Santa Clara. Parking was free, I hopped on a train, and for the next 50 minutes could do whatever I wanted. That lasted until the company went public and, acquired a company in Sunnyvale, and then we all moved down there.Plus, in CA we have a lot of bureaucrat things that make it difficult simply to run a train system through CA. Look at the ridiculous disastrous high speed train effort that in CA that failed miserably, wasting a boatload of money in part duet bureaucracy.
Personally, I’m looking forward to the new trolley train that they are putting in San Diego that connects the La Jolla/UTC area to downtown. Awesome SD is getting it done.
CoronitaParticipant[quote=spdrun]No US city has had a major outbreak yet.[/quote]
new York and la will.
CoronitaParticipantanyone else notice that SD haven’t seen a major outbreak (yet) knock on wood..
Think maybe not having a major airport have something to do with it? Or maybe we are just luckier.
CoronitaParticipanttime to shift my portfolio bfron 50/50 stock/bonds slowly back to 60/40 stock/bonds. What a steal. Drip drip drip.
Voo, Vb, Vo
very good lol. Done.CoronitaParticipantThis virus is going to change the way we work.
https://www.cnbc.com/2020/03/06/citigroup-traders-joins-other-banks-in-coronavirus-precaution.html
Worked on a plan this weekend to split my team’s work among groups in Florida, San Diego, Mexico City, and UK so we don’t have a single point of failure should we get hit in SD. Two people are also permanently relocating out of state for personal reasons were scheduled to start working remotely at the end of this month, but I’m going to fast track their relocation to beginning of this month.
Hopefully, the money we invested in making the workplace more remote friendly is going to pay off…
CoronitaParticipantWell, I’m just saying something as simple as this.
When you’re in an office together, it’s easy to have a “whiteboard” discussion.
But try doing that with 20-30 people all working remotely. We’ve got it down I think. Same thing could be said for a classroom. Sure, it might be easy for a math class or something that isn’t very interactive, but how would you do this with a lab class, or something with a lot of discussion? I’d really like to see a company that previous had a very remote-unfriendly environment now forced to allow employees to work from home and also be nearly as effective.
Fortunately it’s not a problem from our company, because many of directors/vps (inclusive) already decided that in order to augment highly skilled workers (especially in mobile) we have no choice. Either spend a boatload of money poaching great mobile guys from the limited supply in san diego or bay area, or spend a less on very highly skilled people in lower cost areas in the U.S. without relocating the entire operations there. So you pay someone in Florida about the same as SD, and they’ll be happy employees because no one else in the same area pays nearly as much. Also, I have a lot of people that requested moving to the midwest where it’s cheaper to live and so they can start a family or for personal reasons. I’ve approved them all subject to a 90 day “try before I commit to this being permanent” policy. So some guy in the midwest is basically making 30-35% above his peers over there and home prices are 1/3 the cost in SD with flexibility as long as he gets his work done…. He’s not going to give me reasons to dismiss him. I think I went against a lot of senior management doing this, and had a lot of eyebrows raised, some warned me I might get fired for doing this. That was 6 months ago. I never missed a deadline, others have.. I think everyone else is pretty much doing the same thing now…
CoronitaParticipant[quote=AN]So, who shorted the market 2-3 how ago?[/quote]
Not me. But you know what I’m thinking? I’m looking at companies that facilitate “working from home or school”…
One thing I am thinking that this virus will do is that it will force people to stay indoors more. Bad news for entertainment like cruises, movies theaters, etc, but maybe not so bad new for technology, because somehow technology will need to make it easier for people to work from home or collaborate at home, and while we have the standard companies like slack, zoom, etc that helps us get us there..barely…., it’s nowhere where it needs to be to be effective.
My company already has a remote friendly policy, and I’ve already hired people out of Florida and Mexico City because it was cheaper and more cost effective than hiring someone here in San Diego, and so we’ve already spent a lot of time and money investing in remote workers, and even then, there’s still a lot of gaps to fill for remote workers. I think this virus will make it even more important, because not it’s not just for employees you hire offsight, or offshore. Now it could actually be used for even local employees. And that also begs the question, in an expensive commericial real estate market like SD, do we really need to maintain a very large 300+ person office, if say 60-70% of the employees are working from home or working offsite? It’s a question that we’ve been asking ourselves, maybe we can cut our office space in half and save a lot of money.
So I’m actually looking at companies that can facility all this “working from home”, especially since now that everyone is panicking, it might be a good idea to pick up some of these companies.
I think this virus might actually give a kick and change the way we work, even a lot of old school companies that use to have remote “unfriendly” company policies.
CoronitaParticipantI can’t believe oil is around $30/share. Shale oil is screwed, lol.
CoronitaParticipant[quote=AN][quote=flu]
So AN, as BG use to say “inquiring minds what know know”!!! Since handing over the title to you as “serial refinancer”……when are you planning to refinance again??? And how much in rebates are you milking this time, lol…You totally killed it with the ridiculously low below monthly loan payments, I’m guessing.As they say in Star Trek. Live long and prosper.[/quote]
I just started 2 more refi on Friday. My primary will be at 3.125% and my SFR rental will be at 3.625% @30 years fixed. Just refi my condo rental 9 months ago @ 4.125% @15 years fixed. I only do either no cost or with extra rebate to cover taxes and insurance. A few years ago, I went several years w/out paying property taxes or insurance, because the refi would cover taxes and insurance for those years.For my primary residence with the new rate, I’ll be paying less on interest + taxes + insurance than a 1/1 condo around here. I can’t believe I’ll be in this position after just 12 years. Sucks for all the new home buyers, but I’m definitely sitting pretty. Especially with minimum wage go to $15/hr. I think it’s getting close to the point where I can afford my house on a minimum wage salary.
With Trump’s new tax plan, I have to readjust my portfolio. But I can’t complain. Thanks to CA’s strict regulations, rent are sky rocketing. Also, w/ the new rent cap, I’m starting to increase rent on my good tenants. I feel bad for them, but I told them, the State twisted my arms on this one, sorry.
Here’s hoping this “pandemic” continue to get overblown and the Fed will cut rate some more. Would be awesome if I can lock in 30 years fixed at <2%.[/quote]
Great job on the low low loan rates.
Unfortunately,I didn't keep my loans. Drat. I guess I played it too safe. So I'm stuck with very positive cash flow that's sitting in the bank. I'm trying to find another 2 rentals but inventory isnt great, price isn't great... But then again maybe with low rates it might not be a bad option.
Nice job on the refis. Can you PM who you got the loans from. just curious.
CoronitaParticipant. Saudis just cut prices big time, and oil fell like $10/barrel and gold is over $1700/ounce. I think I’ll wait to $1800 to sell some of my bullion.
The other news, less incentive to buy an EV at moment.
My bi monthly DRIP should trigger on the 9th and 27th. buy low…..slowly…
CoronitaParticipant[quote=AN][quote=flu]Austin and Dallas ain’t bad. But they ain’t exactly cheap living there now too. I kinda like it when I was there a few times. I dunno but I somehow always end up with a lot of friends from Texas, maybe being born and lived there had something to do with it. Hey, maybe that explains it. Maybe I really do have a cousin named Bubba with a missing front tooth. That would be awesome. Yeeehaw![/quote]
Austin is still hella cheap. https://www.tollbrothers.com/luxury-homes-for-sale/Texas/Belterra/Estate-Collection. 4200 sq-ft luxury house for $575k? That’s a lot cheaper than Fresno, much less San Diego.[/quote]True, it’s more expensive than the rest of texas. But lots of high tech jobs and the employees aren’t really paying that much lower than here in sd. One of my last tenant that moved there before the QC layoffs happened a year or two ago( I forget when, short term memory with old age is failing lol) . He ended up doing pretty well because I think a company out their paid him San Diego embedded software engineer wages sponsored his green card and started the process right away, and last he sent to me was a pix of his beautiful gnormous house there that I think he paid $700k for, but it’s supposedly in the best area with the best school distric. His property taxes are much larger, but no state income tax I think.
I think he had an offer from Bay Area company too and had asked where he should go, and I mentioned Austin wasn’t bad if you can stand the heat and SF is overrated especially with a family,.and you won’t be able to buy a decent SFH for sometime unless you hit the stock/rsu bandwagon. And apparently once he moved there he felt pretty good about it since there are a lot of people exactly like him that did the same thing.Glad it worked out for him , his wife, and his newborn. He was tired of paying me rent for a 1/1 the past 4 years.
-
AuthorPosts
