tag:blogger.com,1999:blog-31427364.post9182229800029890919..comments2024-03-26T03:52:23.395-07:00Comments on Housing Analysis: The Bear Cavemohicanhttp://www.blogger.com/profile/06094213357140749289noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-31427364.post-70827186638665550082008-03-24T02:34:00.000-07:002008-03-24T02:34:00.000-07:00Los Angeles equity investment seeks investments ...<A HREF="http://rlhequity.com/rlhinvestments/index.html" REL="nofollow"> Los Angeles equity investment </A> seeks investments in partnership with experienced business leaders. Able to articulate and execute a clear strategy for their businesses through demonstrated entrepreneurial talents and passion,our management partners are committed to building long-term value through sustained and profitable growth. While our <BR/>management teams drive day-to-day execution, Brentwood’s in-house <BR/>operational expertise allows us to assist portfolio companies on <BR/>selected projects. Our management partners own significant equity <BR/>stakes in the businesses they lead, as we believe a highly incentivized <BR/>management team is crucial to the success of any investment.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-31427364.post-45164755334720708012007-02-22T08:10:00.000-08:002007-02-22T08:10:00.000-08:00I'll use my own story. Sold in Dunbar in 2003 to w...I'll use my own story. Sold in Dunbar in 2003 to wait out the crash. $700k. Pressured into buying by wife and kids in 2005-about the time I first started reading vHB-We paid $1.1 million on an asking price of $990k. Sold in September of 2006 for $1.65 million-to wait out the crash in 2007. Hope to hell I'm right this time. (We still own a sizable chunk of land and house in the burbs). I am not a flipper but you never go broke taking a profit. I think BC Housing Market Blogger is actually a lady and didn't have the cojones for this game. I think VHB correctly felt his work was done (and he is actually Rob Chipman).Jimhttps://www.blogger.com/profile/14161385561475242709noreply@blogger.comtag:blogger.com,1999:blog-31427364.post-37681377317955892502007-02-21T08:22:00.000-08:002007-02-21T08:22:00.000-08:00NYC bedding designers typically make between 40 an...NYC bedding designers typically make between 40 and 50 K, so we can assume that the person in question has help from her parents or is a really exceptional bedding designer. NYC is a bit special because a lot of people bring their own money or make money at a level that is out of whack with the rest of the country. I get the feeling there is less of that in Vancouver.VABhttps://www.blogger.com/profile/06652301858477760996noreply@blogger.comtag:blogger.com,1999:blog-31427364.post-21255884281122566182007-02-20T23:59:00.000-08:002007-02-20T23:59:00.000-08:00Talking of looney flippers, i saw this article in ...Talking of looney flippers, i saw this article in today's New York Times. http://tinyurl.com/yo89vv<BR/><BR/>"Mr. Miller said New Yorkers had been reluctant to buy because of the feeling of an impending crash. “Last summer, a lot of information was being dumped on the consumer: stories about the glut of condos in Miami, Washington, D.C., and Las Vegas, exacerbated by the constant debate on the blogosphere about housing bubbles, mixed together with a barrage of negative predictions,” he said in a telephone interview"<BR/><BR/>I sure hope smeting similar doesn't happen here. <BR/><BR/>Earlier in the article they quote a 31 year old bedding designer who's having trouble finding a 1 bedroom below 750k. $750k??? What kinda bedding does she design? How could she possibly earn enough to pay this mortgage? The world is baffling.Ulstermanhttps://www.blogger.com/profile/07743033803445684035noreply@blogger.comtag:blogger.com,1999:blog-31427364.post-21834882378128954962007-02-20T21:56:00.000-08:002007-02-20T21:56:00.000-08:00Selling an asset that you don't own yet is called....Selling an asset that you don't own yet is called... selling short. Condo pre-sales are actually short selling by the developer.<BR/><BR/>Why do people sell short? Yeah right.patriotzhttps://www.blogger.com/profile/11154064267408955762noreply@blogger.comtag:blogger.com,1999:blog-31427364.post-70438122568724495452007-02-20T21:24:00.001-08:002007-02-20T21:24:00.001-08:00sorry, meant graphic not graph...roflmao!sorry, meant graphic not graph...<BR/><BR/>roflmao!mk-kidshttps://www.blogger.com/profile/08242408204746230727noreply@blogger.comtag:blogger.com,1999:blog-31427364.post-62857593204955084582007-02-20T21:24:00.000-08:002007-02-20T21:24:00.000-08:00mohican, that graph is hilarious!ok, port moody an...mohican, that graph is hilarious!<BR/><BR/>ok, port moody anecdotes... we are looking to rent something in PoMo for April 1, lots of buildings completing right now & every one of the places we've looked at are investor owned. one guy took equity out of his house in PoCo because "it wasn't doing anything for him" to buy a place in Newport which he plans to rent & then sell and retire early. Another place is actually 2 apartments bought by three friends for investment purposes. Another one was owned by a realtor.<BR/><BR/>Lots of places for rent and for sale in these building, 10+ for sale in each right off, its a flipperama!mk-kidshttps://www.blogger.com/profile/08242408204746230727noreply@blogger.comtag:blogger.com,1999:blog-31427364.post-28307433130967270902007-02-20T19:25:00.000-08:002007-02-20T19:25:00.000-08:00I think village was advocating declaring bankruptc...I think village was advocating declaring bankruptcy if things flop.<BR/><BR/>So this agent can't sell the assignments, but what about flipping once they are complete? What's the difference, more transaction fees?Warrenhttps://www.blogger.com/profile/00586650821846362670noreply@blogger.comtag:blogger.com,1999:blog-31427364.post-64812081354279256762007-02-20T11:13:00.000-08:002007-02-20T11:13:00.000-08:00I wonder how many people out there are in the same...I wonder how many people out there are in the same situation. They piled into spec homes / condos thinking it was a sure thing and now as the homes complete the financial poop really hits the fan.mohicanhttps://www.blogger.com/profile/06094213357140749289noreply@blogger.com