[Hatfield]

It might have something to do with the fact that Jews don’t evangelize.

[Hatfield]

If you’re struggling with your finances because of “high taxes” you’re shit at managing money and “high taxes” is just a lame excuse for your own incompetence.

[Hatfield]

I voted no on both stadium propositions. SDSU is pretty landlocked and it would be great if they could use part of the stadium site for a west campus. I don’t see how else the campus can expand, but both proposals just stink of slimy developer giveaways. Real estate developers run this town anyway, so I’m highly suspicious of both of these proposals. And I could give two shits about Aztek football. NCAA Division I is a corrupting influence as it is. I don’t see how a megamillion dollar football stadium does anything for academics. And I give even fewer shits about a professional soccer team whose games nobody will attend anyway.

For as long as I’ve lived in this town, developers have had a hard-on for building new sports facilities with public money. Anyone remember the incessant calls for a new sports arena downtown in the late 80s and early 90s? We seem to have lived alright without that. Oh, sorry, I forgot, they build a new baseball park that we’re still paying for.

[Hatfield]

Your math assumes that you’ll be able to dovetail one tenant’s move-in the day after the previous tenant leaves. In reality, you may have to patch and paint and do a bunch of other non-essential deferred maintenance that you wouldn’t have had to do otherwise, and collect zero rent and consume a lot of your time looking for a new tenant, who may or may not turn out to be be a pain in the ass. I do pretty extensive tenant screening. It’s time consuming.

I guess it all depends on what your time and sanity is worth. For me, I don’t see the point in chasing an extra 3 percent per annum if it means I have tenants turning over every year or two. I’m making a solid return as it is. I’m fine with that. I don’t need to chase every last penny.

[Hatfield]

[quote=FlyerInHi]I wish the Supreme Court would reverse itself on the taking away of private property through zoning.[/quote]

I never understood this kind of talk. I have libertarian friends who say stuff like this. Really? You want somebody to be able to open a gas station next to you?

As for OP’s original question, use the APN to find the legal description of the property. It may be that the parcel is two lots already. Very common in OB, and I’m guessing other neighborhoods as well. The legal description will read something like “Lot 47 and 48 in block 39 of subdivision whatever in the city of san diego, country of san diego, blah blah blah.” It is my understanding that it’s much less work to split a parcel that is comprised of more than one lot.

[Hatfield]

[quote=flu]Paul Jacobs is trying to form a group to buy Qualcomm. Up 5% after hours. like I said, something was going to happen.[/quote]

Won’t happen. He has neither the equity, nor the cash, nor the respect of investors or the board to pull it off. I think this is the part where he sails off into the sunset like his brother. Stock is down like 10% since you posted this.

Can’t decide whether I want to get up early and head over to Morehouse to watch the fireworks. My best guess is that Steve is out and Sanjay is in. That’s based on 100% pure speculation, and the weird timing of Sanjay’s sudden stepping down from Global Foundries last week.

[Hatfield]

SDUT reporting that Paul is out as chair of the board.

“Bloomberg has reported that Jacobs and Chief Executive Steve Mollenkopf were among the lowest vote getters in early stock holder balloting for the company’s board. The six Broadcom-nominated candidates were leading the vote count for Qualcomm’s 11 member board. About half of shareholders have cast ballots.”

http://www.sandiegouniontribune.com/business/technology/sd-fi-qualcomm-jacobs-20180309-story.html

[Hatfield]

One more thought: if you don’t have it already, get the Nolo Press California Landlord’s book. It has all the forms you need and explains all the legalities. It;s an absolute must and at ~36 bucks, no California landlord should be without it. Heck, you can even deduct the thing on your Schedule E.

[Hatfield]

Maybe he wants to reduce turnover. A long time ago I was advised to never raise the rent on a good tenant, and I never have.

[Hatfield]

SDG&E was found liable for their power lines sparking the 2007 Witch Fire that burned 200,000 acres, destroyed 1600+ buildings and killed two people. I’d say cutting power to fire prone areas during Santa Ana conditions makes a lot of sense.

[Hatfield]

[quote=NotCranky]you were talking about a second dwelling on your parcel , scaredy. You might want to look into how much mortgage and property tax you can take off the top of the rental income from a 2 on 1.

Can anyone lay out how that works? In my case it seems to be great, but I don’t have much knowledge about how my accountant does it(justifies it with the IRS) .[/quote]
I can address that point as we live in a 2 on 1. Our tax advisor recommended that we split by square footage of the living space. So I calculated the ratio of the square footage of the rental unit vs our home. That ratio is applied to property tax and mortgage interest. I have a big Excel sheet that figures all this out, but the percentage of interest and property tax related to the rental unit shows up on Schedule E, with the remaining residence portion going on Schedule A.

That square footage ratio was also applied to the “improvements” portion of the original tax assessment for the purposes of calculating the depreciation basis on the rental unit. I’m sure it’ll be fun to unwind all that when it comes time to sell.

[Hatfield]

“Who the hell goes to Thailand to masturbate?”

[Hatfield]

5) Apparently there was a Southwest flight that left shortly afterwards that was not full. United could have flown their employees to Louisville for $120 a pop. That’s retail; I’m guessing the airlines have a courtesy rate for each other similar to when a hotel “walks” a guest to a competing hotel.

[Hatfield]

Zillow is pretty much worthless in OB. It works best in tract neighborhoods where it can make apples-to-apples comparisons more easily.

[Hatfield]

[quote=millennial][quote=gzz]Closest odds against house outside of blackjack[/quote]

Craps odds bet?

[Author]

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