MarketReferee's profile picture. moving towards post-economics

marketref

@MarketReferee

moving towards post-economics

this is my new phone background.

Not going to tell you how to live your life, but it's a bad trade to keep falling for political outrage bait, and not on your own work or financial future.



Genius comes in many forms

MarketReferee's tweet image. Genius comes in many forms

1K SF house. Completely roached. Asking average market per SF price, in January, in a buyers market. Good luck to all, and to all a good night.

MarketReferee's tweet image. 1K SF house. 

Completely roached. 

Asking average market per SF price, in January, in a buyers market. 

Good luck to all, and to all a good night.
MarketReferee's tweet image. 1K SF house. 

Completely roached. 

Asking average market per SF price, in January, in a buyers market. 

Good luck to all, and to all a good night.
MarketReferee's tweet image. 1K SF house. 

Completely roached. 

Asking average market per SF price, in January, in a buyers market. 

Good luck to all, and to all a good night.
MarketReferee's tweet image. 1K SF house. 

Completely roached. 

Asking average market per SF price, in January, in a buyers market. 

Good luck to all, and to all a good night.

I made roughly 15,000-20,000 calls to CRE props over the last year: maybe 3 I can barely remember were mildly upset about it. 20 calls into some resi props today and 3 people now want me and family dead.


How did they permit these builds so quickly?

From George

$38T deal 100% CoC Had to double check my numbers..

$8M deal 44% CoC Had to double check my numbers..



For those of you who only believe in 3 dimensions... Please send a digital signature email to anyone over the age of 60.


marketref reposted

Fish got painted over by the road in my small town

asdkfjasdlfjd's tweet image. Fish got painted over by the road in my small town

Getting closer to the belief that anyone who avoids a phone call to just waste much more time texting is a fireable offense.


marketref reposted

Someone alerted me to this screenshot post which dunks on me (without notifying me thus giving me a chance to defend myself) so I decided to share my response to the response to my OP here: A fair point deserving a thoughtful response. First, the book was mostly about Livermore…


We are in the heyday of C student writers. No one will ever accuse you of using AI. You're now at the top of the authenticity food chain. 🙏


Professional residential agent signature move: Agent: hey are you available to chat? Me: yes Agent: ok I need 30 minutes


I have 16 tenants. The highest earner of the 16 has been late on rent 44% of the time they’ve lived there (almost 2yrs). 15/16 tenants have not been late a single time over the same time period. They all pay the market rate/unit. Make it make sense.


Cheap extras you should have on hand if you have a gas furnace: -flame sensor -high limit switch -filters -igniter None of these are more than $20. All of these are worth orders of magnitude more when you need them.


I’ve never been so excited to get a $10k bill in my life.

Alright, it’s that time again. How much to fix?

MarketReferee's tweet image. Alright, it’s that time again. 

How much to fix?
MarketReferee's tweet image. Alright, it’s that time again. 

How much to fix?


Good morning to everyone except the sellers who counter a full price offer with a $14,000 premium to the offer.


Alright, it’s that time again. How much to fix?

MarketReferee's tweet image. Alright, it’s that time again. 

How much to fix?
MarketReferee's tweet image. Alright, it’s that time again. 

How much to fix?

It’s something of a miracle how consistently FSBO properties are listed above market price. It’s like the owners know what the market clearing price is, then add a premium for dealing with an amateur.


If you can break even on 40% occupancy, you’re doing it right.


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