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urbanrealtor
ParticipantI am a clone.
I was cultivated from the tumor on Casca’s arm.By the way, while I don’t think you are clones, is there some sort of subtext here?
Mithrandir riding Shadofax or something?
Also, does or does not Shadowfax sound like some new product from HP or Brother?
Finally Casca, you have suggested that liberals are communists without guns. Again, I don’t understand what about my beliefs are communist. Nothing I believe in is of a communist nature. Also, there are communist political parties in democracies and they do not use guns nor do they resemble liberals in the United States. Have you been to a communist country? It does not sound like you have.
Also, while I agree that military deserve great respect for the risks they take and the sacrifices they make, the fact is that we still live in a democracy. In the Civil war, Lincoln was supported by the voting majority (which included the military). If the voting majority (including the military electorate) elects leaders based on a desire for change in foreign policy, is that unpatriotic? I thought our country was constructed to place the military subordinate and subservient to a civilian government. There are some countries where that is reversed. Pakistan and Burma come to mind. Do you think our country would be more patriotic or better if the military were in charge?
What exactly do you find ignorant on the part of the American people (I believe you mentioned history and culture)?
Participant[quote=SD Realtor]My two cents on downtown is that I feel it has a ways to go on the depreciation curve. It has come down alot and I sense it could still find another large chunk by the time things are said and done. A few things concern me, one of them being alot of the construction that is coming to hit the ten year anniversary. Some of the construction is well done and some is not. As investment grade goes the tide of speculative purchases made downtown had nothing to do with cash flow and everything to do with appreciation. IMO as speculative investment starts to return to SD real estate speculators will be cautious at least at first until a new bubble is alive and well. Without easy credit I find it hard to see any speculative engine at all. This leaves owner occupation for one reason or another along with TRUE second homes as at the very least the primary engines for purchasing. Given the stock of downtown properties which is non trivial I find it hard to not justify more substantial drops. I to have a few clients looking at downtown but who have decided to sit on the sidelines for now. [/quote]
I agree. The only thing I really have to add is that there are currently a lot of complexes downtown that have the potential to lure real (as opposed to speculative) investors. By this I mean that people who are looking to make money in cash flow and long term capital gain as opposed to those who use trade property as a commodity and are focused on expectation of short term profit.
As a former 1031 consultant, I found that the flippers often did not have more than superficial understanding of market dynamics (not that they needed more during the boom) and usually ended playing one too many hands. As a result, the investors downtown seem really much more focused on what percent they need to bring as a cash component to make these places cash flow even. EG: The other day I previewed a place at El Cortez. 2br/2ba , 1000sf, 4th floor asking 219k. At 10% cash it comes close to break even as a rental. Part of the reason for that is that the building currently is embroiled in multiple lawsuits and potential defect litigation. In other words, you get a bargain for accepting a lot of known uncertainty. (okay that last sentence was worth of Rumsfeld…sorry).
What are some other opinions and observations?
Participant[quote=SD Realtor]My two cents on downtown is that I feel it has a ways to go on the depreciation curve. It has come down alot and I sense it could still find another large chunk by the time things are said and done. A few things concern me, one of them being alot of the construction that is coming to hit the ten year anniversary. Some of the construction is well done and some is not. As investment grade goes the tide of speculative purchases made downtown had nothing to do with cash flow and everything to do with appreciation. IMO as speculative investment starts to return to SD real estate speculators will be cautious at least at first until a new bubble is alive and well. Without easy credit I find it hard to see any speculative engine at all. This leaves owner occupation for one reason or another along with TRUE second homes as at the very least the primary engines for purchasing. Given the stock of downtown properties which is non trivial I find it hard to not justify more substantial drops. I to have a few clients looking at downtown but who have decided to sit on the sidelines for now. [/quote]
I agree. The only thing I really have to add is that there are currently a lot of complexes downtown that have the potential to lure real (as opposed to speculative) investors. By this I mean that people who are looking to make money in cash flow and long term capital gain as opposed to those who use trade property as a commodity and are focused on expectation of short term profit.
As a former 1031 consultant, I found that the flippers often did not have more than superficial understanding of market dynamics (not that they needed more during the boom) and usually ended playing one too many hands. As a result, the investors downtown seem really much more focused on what percent they need to bring as a cash component to make these places cash flow even. EG: The other day I previewed a place at El Cortez. 2br/2ba , 1000sf, 4th floor asking 219k. At 10% cash it comes close to break even as a rental. Part of the reason for that is that the building currently is embroiled in multiple lawsuits and potential defect litigation. In other words, you get a bargain for accepting a lot of known uncertainty. (okay that last sentence was worth of Rumsfeld…sorry).
What are some other opinions and observations?
Participant[quote=SD Realtor]My two cents on downtown is that I feel it has a ways to go on the depreciation curve. It has come down alot and I sense it could still find another large chunk by the time things are said and done. A few things concern me, one of them being alot of the construction that is coming to hit the ten year anniversary. Some of the construction is well done and some is not. As investment grade goes the tide of speculative purchases made downtown had nothing to do with cash flow and everything to do with appreciation. IMO as speculative investment starts to return to SD real estate speculators will be cautious at least at first until a new bubble is alive and well. Without easy credit I find it hard to see any speculative engine at all. This leaves owner occupation for one reason or another along with TRUE second homes as at the very least the primary engines for purchasing. Given the stock of downtown properties which is non trivial I find it hard to not justify more substantial drops. I to have a few clients looking at downtown but who have decided to sit on the sidelines for now. [/quote]
I agree. The only thing I really have to add is that there are currently a lot of complexes downtown that have the potential to lure real (as opposed to speculative) investors. By this I mean that people who are looking to make money in cash flow and long term capital gain as opposed to those who use trade property as a commodity and are focused on expectation of short term profit.
As a former 1031 consultant, I found that the flippers often did not have more than superficial understanding of market dynamics (not that they needed more during the boom) and usually ended playing one too many hands. As a result, the investors downtown seem really much more focused on what percent they need to bring as a cash component to make these places cash flow even. EG: The other day I previewed a place at El Cortez. 2br/2ba , 1000sf, 4th floor asking 219k. At 10% cash it comes close to break even as a rental. Part of the reason for that is that the building currently is embroiled in multiple lawsuits and potential defect litigation. In other words, you get a bargain for accepting a lot of known uncertainty. (okay that last sentence was worth of Rumsfeld…sorry).
What are some other opinions and observations?
Participant[quote=SD Realtor]My two cents on downtown is that I feel it has a ways to go on the depreciation curve. It has come down alot and I sense it could still find another large chunk by the time things are said and done. A few things concern me, one of them being alot of the construction that is coming to hit the ten year anniversary. Some of the construction is well done and some is not. As investment grade goes the tide of speculative purchases made downtown had nothing to do with cash flow and everything to do with appreciation. IMO as speculative investment starts to return to SD real estate speculators will be cautious at least at first until a new bubble is alive and well. Without easy credit I find it hard to see any speculative engine at all. This leaves owner occupation for one reason or another along with TRUE second homes as at the very least the primary engines for purchasing. Given the stock of downtown properties which is non trivial I find it hard to not justify more substantial drops. I to have a few clients looking at downtown but who have decided to sit on the sidelines for now. [/quote]
I agree. The only thing I really have to add is that there are currently a lot of complexes downtown that have the potential to lure real (as opposed to speculative) investors. By this I mean that people who are looking to make money in cash flow and long term capital gain as opposed to those who use trade property as a commodity and are focused on expectation of short term profit.
As a former 1031 consultant, I found that the flippers often did not have more than superficial understanding of market dynamics (not that they needed more during the boom) and usually ended playing one too many hands. As a result, the investors downtown seem really much more focused on what percent they need to bring as a cash component to make these places cash flow even. EG: The other day I previewed a place at El Cortez. 2br/2ba , 1000sf, 4th floor asking 219k. At 10% cash it comes close to break even as a rental. Part of the reason for that is that the building currently is embroiled in multiple lawsuits and potential defect litigation. In other words, you get a bargain for accepting a lot of known uncertainty. (okay that last sentence was worth of Rumsfeld…sorry).
What are some other opinions and observations?
Participant[quote=SD Realtor]My two cents on downtown is that I feel it has a ways to go on the depreciation curve. It has come down alot and I sense it could still find another large chunk by the time things are said and done. A few things concern me, one of them being alot of the construction that is coming to hit the ten year anniversary. Some of the construction is well done and some is not. As investment grade goes the tide of speculative purchases made downtown had nothing to do with cash flow and everything to do with appreciation. IMO as speculative investment starts to return to SD real estate speculators will be cautious at least at first until a new bubble is alive and well. Without easy credit I find it hard to see any speculative engine at all. This leaves owner occupation for one reason or another along with TRUE second homes as at the very least the primary engines for purchasing. Given the stock of downtown properties which is non trivial I find it hard to not justify more substantial drops. I to have a few clients looking at downtown but who have decided to sit on the sidelines for now. [/quote]
I agree. The only thing I really have to add is that there are currently a lot of complexes downtown that have the potential to lure real (as opposed to speculative) investors. By this I mean that people who are looking to make money in cash flow and long term capital gain as opposed to those who use trade property as a commodity and are focused on expectation of short term profit.
As a former 1031 consultant, I found that the flippers often did not have more than superficial understanding of market dynamics (not that they needed more during the boom) and usually ended playing one too many hands. As a result, the investors downtown seem really much more focused on what percent they need to bring as a cash component to make these places cash flow even. EG: The other day I previewed a place at El Cortez. 2br/2ba , 1000sf, 4th floor asking 219k. At 10% cash it comes close to break even as a rental. Part of the reason for that is that the building currently is embroiled in multiple lawsuits and potential defect litigation. In other words, you get a bargain for accepting a lot of known uncertainty. (okay that last sentence was worth of Rumsfeld…sorry).
What are some other opinions and observations?
Participant[quote=Allan from Fallbrook]urbanrealtor: Which Army base? My first command was an armored cavalry platoon (11th ACR) up in the Fulda Gap area. Germany was sooooo fun when the Russkies were there: I loved being overflown by jets with little red stars on the wings.
gandalf: Check your PM.[/quote]
It was the hospital between Nuernberg and Furth.
I don’t know if the army spells it nuremburg or if they have an American version of Furth and I do not recall the name of the base itself. I do recall it had a very distinctive German imperial eagle at the front gate (it had a wall) that our army had tried to make look more like an American eagle (by painting it). I was kind of horrific.
But Germany and Bavaria in particular I remember being quite beautiful (especially the altshtatt).
Participant[quote=Allan from Fallbrook]urbanrealtor: Which Army base? My first command was an armored cavalry platoon (11th ACR) up in the Fulda Gap area. Germany was sooooo fun when the Russkies were there: I loved being overflown by jets with little red stars on the wings.
gandalf: Check your PM.[/quote]
It was the hospital between Nuernberg and Furth.
I don’t know if the army spells it nuremburg or if they have an American version of Furth and I do not recall the name of the base itself. I do recall it had a very distinctive German imperial eagle at the front gate (it had a wall) that our army had tried to make look more like an American eagle (by painting it). I was kind of horrific.
But Germany and Bavaria in particular I remember being quite beautiful (especially the altshtatt).
Participant[quote=Allan from Fallbrook]urbanrealtor: Which Army base? My first command was an armored cavalry platoon (11th ACR) up in the Fulda Gap area. Germany was sooooo fun when the Russkies were there: I loved being overflown by jets with little red stars on the wings.
gandalf: Check your PM.[/quote]
It was the hospital between Nuernberg and Furth.
I don’t know if the army spells it nuremburg or if they have an American version of Furth and I do not recall the name of the base itself. I do recall it had a very distinctive German imperial eagle at the front gate (it had a wall) that our army had tried to make look more like an American eagle (by painting it). I was kind of horrific.
But Germany and Bavaria in particular I remember being quite beautiful (especially the altshtatt).
Participant[quote=Allan from Fallbrook]urbanrealtor: Which Army base? My first command was an armored cavalry platoon (11th ACR) up in the Fulda Gap area. Germany was sooooo fun when the Russkies were there: I loved being overflown by jets with little red stars on the wings.
gandalf: Check your PM.[/quote]
It was the hospital between Nuernberg and Furth.
I don’t know if the army spells it nuremburg or if they have an American version of Furth and I do not recall the name of the base itself. I do recall it had a very distinctive German imperial eagle at the front gate (it had a wall) that our army had tried to make look more like an American eagle (by painting it). I was kind of horrific.
But Germany and Bavaria in particular I remember being quite beautiful (especially the altshtatt).
Participant[quote=Allan from Fallbrook]urbanrealtor: Which Army base? My first command was an armored cavalry platoon (11th ACR) up in the Fulda Gap area. Germany was sooooo fun when the Russkies were there: I loved being overflown by jets with little red stars on the wings.
gandalf: Check your PM.[/quote]
It was the hospital between Nuernberg and Furth.
I don’t know if the army spells it nuremburg or if they have an American version of Furth and I do not recall the name of the base itself. I do recall it had a very distinctive German imperial eagle at the front gate (it had a wall) that our army had tried to make look more like an American eagle (by painting it). I was kind of horrific.
But Germany and Bavaria in particular I remember being quite beautiful (especially the altshtatt).
Participant[quote=Casca]Perhaps I misjudged your motives when I responded previously. However, whenever someone blithers about “this awful war” or some such, the nitwit alarm goes off.
It’s like this Toots, patriotism is a love of country like the love you have for your family. Some people pay the price for your freedom, a rather small minority these days. They know what patriotism is because they live it everyday. McCain knows. Obama is a free rider, like almost every democrat or liberal you’ll ever meet. If you’d like to become a patriot, start by educating yourself on the history of how this nation was created. It wasn’t to help the deprived. In closing, I’ll leave you with this. Liberals are communists without the guns.[/quote]
I am a liberal. I am not a communist. I am not a communist with or without a gun. I have no interest in a command economy or single party politics or politburo. I have worked in law enforcement and I was born (literally) on an army base on the border with communist eastern europe. I am a free rider in that I have never worked in the military myself.
Is it your assertion that all non-military (or non-combatants for that matter) are free riders?
Would it be your assertion that a draft would be better than having the existing minority fight the existing war?
Also, would it be your assertion that people who do not support the actions of the government are dumb (I think the term you used was “nitwit”)?
Or is it just that war that is the litmus test for un-patriots?
By that logic would the Russians who dodged the draft to avoid being killed by the mujahideen in Afghanistan be un-patriots?
Also, were the continental colonials in the 1770’s not deprived of something that spurred them towards war? I seem to recall something about taxation without representation. Perhaps I misread.How do you have any idea whether someone loves their country?
Considering that a majority of Americans are not in support of the war, does that mean you don’t care for them?
If so, and if you find your countrymen (as defined by citizenship) so loathesome then why do you love your country?Participant[quote=Casca]Perhaps I misjudged your motives when I responded previously. However, whenever someone blithers about “this awful war” or some such, the nitwit alarm goes off.
It’s like this Toots, patriotism is a love of country like the love you have for your family. Some people pay the price for your freedom, a rather small minority these days. They know what patriotism is because they live it everyday. McCain knows. Obama is a free rider, like almost every democrat or liberal you’ll ever meet. If you’d like to become a patriot, start by educating yourself on the history of how this nation was created. It wasn’t to help the deprived. In closing, I’ll leave you with this. Liberals are communists without the guns.[/quote]
I am a liberal. I am not a communist. I am not a communist with or without a gun. I have no interest in a command economy or single party politics or politburo. I have worked in law enforcement and I was born (literally) on an army base on the border with communist eastern europe. I am a free rider in that I have never worked in the military myself.
Is it your assertion that all non-military (or non-combatants for that matter) are free riders?
Would it be your assertion that a draft would be better than having the existing minority fight the existing war?
Also, would it be your assertion that people who do not support the actions of the government are dumb (I think the term you used was “nitwit”)?
Or is it just that war that is the litmus test for un-patriots?
By that logic would the Russians who dodged the draft to avoid being killed by the mujahideen in Afghanistan be un-patriots?
Also, were the continental colonials in the 1770’s not deprived of something that spurred them towards war? I seem to recall something about taxation without representation. Perhaps I misread.How do you have any idea whether someone loves their country?
Considering that a majority of Americans are not in support of the war, does that mean you don’t care for them?
If so, and if you find your countrymen (as defined by citizenship) so loathesome then why do you love your country?Participant[quote=Casca]Perhaps I misjudged your motives when I responded previously. However, whenever someone blithers about “this awful war” or some such, the nitwit alarm goes off.
It’s like this Toots, patriotism is a love of country like the love you have for your family. Some people pay the price for your freedom, a rather small minority these days. They know what patriotism is because they live it everyday. McCain knows. Obama is a free rider, like almost every democrat or liberal you’ll ever meet. If you’d like to become a patriot, start by educating yourself on the history of how this nation was created. It wasn’t to help the deprived. In closing, I’ll leave you with this. Liberals are communists without the guns.[/quote]
I am a liberal. I am not a communist. I am not a communist with or without a gun. I have no interest in a command economy or single party politics or politburo. I have worked in law enforcement and I was born (literally) on an army base on the border with communist eastern europe. I am a free rider in that I have never worked in the military myself.
Is it your assertion that all non-military (or non-combatants for that matter) are free riders?
Would it be your assertion that a draft would be better than having the existing minority fight the existing war?
Also, would it be your assertion that people who do not support the actions of the government are dumb (I think the term you used was “nitwit”)?
Or is it just that war that is the litmus test for un-patriots?
By that logic would the Russians who dodged the draft to avoid being killed by the mujahideen in Afghanistan be un-patriots?
Also, were the continental colonials in the 1770’s not deprived of something that spurred them towards war? I seem to recall something about taxation without representation. Perhaps I misread.How do you have any idea whether someone loves their country?
Considering that a majority of Americans are not in support of the war, does that mean you don’t care for them?
If so, and if you find your countrymen (as defined by citizenship) so loathesome then why do you love your country? -
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