http://patrick.net/forum/ Reality Parser http://patrick.net/ en http://patrick.net/forum/?p=1225116 http://patrick.net/forum/?p=1225116#comments Sat, 25 May 2013 06:11:01 +0000 Bubbabear http://patrick.net/?p=1225116 Recent Comments

]]> http://patrick.net/forum/?p=1224997 http://patrick.net/forum/?p=1224997#comments Tue, 21 May 2013 13:41:07 +0000 bgamall4 http://patrick.net/?p=1224997 Recent Comments

• Philistine says I stay at the Wynn twice a year for conventions, and though I couldn't care less if I ever laid eyes on Señor Wynn, the rooms are gracious and the service is always good. But I still don't understand the funky restaurant selection. And Bartolotta is the biggest scam running--$250 for a fish under glass?? The Encore is fun to have next door. Botero in the connecting corridor is a much better restaurant, too....
• bgamall4 says MsBennet says You might have seen Mr. Wynn but he didn't see you. Get it? He is nearly blind. Bad joke, I know. If you had read the article you would have seen that I knew that. MsBennet says I went there to check out his hotel and my sister-in-law showed me where she hung the wallpaper because she worked on both his hotels. I bought coffee in the shop and nothing else, using an ATM card. Thereafter, we got several promos in the mail giving us discounts for staying there. Hmm. Not into gambling, so not my thing. I am not into gambling either. That is the point of the resort. You don't have to be into gambling to enjoy it. Probably more than any other resorts, you don't have to be into gambling to love the place....
• MsBennet says You might have seen Mr. Wynn but he didn't see you. Get it? He is nearly blind. Bad joke, I know. I went there to check out his hotel and my sister-in-law showed me where she hung the wallpaper because she worked on both his hotels. I bought coffee in the shop and nothing else, using an ATM card. Thereafter, we got several promos in the mail giving us discounts for staying there. Hmm. Not into gambling, so not my thing....

]]> http://patrick.net/forum/?p=1224930 http://patrick.net/forum/?p=1224930#comments Sun, 19 May 2013 14:38:03 +0000 Patrick http://patrick.net/?p=1224930 Recent Comments

• tatupu70 says deepcgi says I'm honestly curious now, where is money going to come from for first-time buyers if inflation doesn't drop the relative cost of housing? Can anyone give me an answer that isn't a) more QE or b) liar loans? Are you speaking of Bay Area specifically? Because in most of the country, houses are very affordable. deepcgi says So first time buyers will leave places with close proximity to jobs or water. There are lots of jobs outside of the Bay Area. In areas with more reasonable housing....
• deepcgi says So first time buyers will leave places with close proximity to jobs or water. They are doomed to flyover country unless they inherit the down payment, in which case they aren't first time buyers at all, but the beneficiaries of veteran buyer family. Don't you see that there must be first time buyers in every market or the baby boom can never retire?...
• robertoaribas says c. very reasonable prices combined with ultra low rates. In non coastal cities homes are and were extremely affordable. The median TODAY in Phoenix is approaching $180K, from a low of barely over $100K At 4%, a 200K home costs about 1200 a month even on an FHA loan, that is not an impossible figure, especially since it would rent for more....

]]> http://patrick.net/forum/?p=1225115 http://patrick.net/forum/?p=1225115#comments Sat, 25 May 2013 03:08:42 +0000 soeren http://patrick.net/?p=1225115 Recent Comments

]]> http://patrick.net/forum/?p=1225098 http://patrick.net/forum/?p=1225098#comments Fri, 24 May 2013 12:43:06 +0000 tvgnus http://patrick.net/?p=1225098 Recent Comments

• thomaswong.1986 says why ? is there a point to having a rail system north to south.. when was there ever talk of such a need in CA in the past 30-40 years. it might work better on the east coast CT to NYC to Washington, where such demand exists.. but there isnt such a need today in CA....
• CaptainShuddup says SO dress nice!...

]]> http://patrick.net/forum/?p=1225113 http://patrick.net/forum/?p=1225113#comments Fri, 24 May 2013 23:32:09 +0000 Klondike http://patrick.net/?p=1225113 Recent Comments

• Klondike says So, there is no way to really protect yourself in these contracts?...
• Klondike says For the contractor I used, license good, insurance good. http://hicsearch.attorneygeneral.gov/ came back cool. Thanks for the link! They are far away but worth a shot. The 10" lift is because the foundation sill was an 8" beam which is completely rotted away in places and the house has fallen 2" or more past that (over the foundation) over the last 200 years where the foundation sill rotted. There is a 2nd floor sill that needs to be replaced as well. The additional 3k is for a cement wall and a z-plate under the old part of the house in the back which is 41 linear feet. My brother liked this because there are 4 layers of siding there as well as river rock nogging from 1807 when it was built in the wall (so it is heavy). I would imagine the nogging would be removed during repair though. The foundation is cherry or I would have walked....
• bob2356 says Standard most places is 10% up front with payments on progress as agreed upon by contract. Always get 3 quotes and compare them. Get references and physically go look at previous jobs. Check their insurance, this is very important. Asking for big bucks up front is usually a sign they don't have credit enough to buy materials. Don't deal with anyone that has that problem. Getting your 4k back if work to date is paid for shouldn't be a problem, but might require a letter from a lawyer. Sill repair on a post and beam house isn't a biggie for people who know what they are doing. Why the 10" lift? Try calling house movers who specialize in working with really old houses for a referral to someone who is competent at doing this kind of thing. Check out dziuba movers (dbmovers.com) in millertown. They lifted a big 200 year old barn (really, really big barn) for a buddy when I was in Scranton and certainly knew their stuff....

]]> http://patrick.net/forum/?p=1224331 http://patrick.net/forum/?p=1224331#comments Mon, 29 Apr 2013 18:53:06 +0000 wave9x http://patrick.net/?p=1224331 Recent Comments

• thomaswong.1986 says donjumpsuit says This one is well worth 1.2M. real 1.2m homes be it San Mateo or Los Gatos were typically 3000+ sq ft or more well above into the hills with a very modern design. thats what it used to be like. you might even have a rancher with horse barn in woodside ... therefore if you were to afford a $1M home .. you actuall got a $1M home back in the day.. 1500 sq ft for million is just crazy! if I had to move it would constitute a downgrade .. less home for more money. there is no doubt we are still very much in bubble just looking at the historical norm of what a home used to mean....
• thomaswong.1986 says mmmarvel says wave9x says The house sold for $1.18m, for anyone interested. Insane - for me to pay that for a 1959 house, it better come with an ever revolving selection of playboy bunnies. All utilities and taxes paid for life and all the food and gas I buy for the rest of my life paid for. Sheesh, what some folks pay - flipping unreal. yes.. this is a very unreal insane place.. and frankly prices from 1959 to say 1997 were far more sane and affordable. Yet it all went to the crazy house since 1998 to today. while we had a booming economy (via growing tech industry) in the 70s and into late 90s we certainly didnt see this kind of run away prices. But as tech industry contracted (shrank to half!) prices skyrocketed for all the wrong reasons. Crazy crazy crazy...
• RentingForHalfTheCost says wave9x says The house sold for $1.18m, for anyone interested. 1.18m is nothing to the person sitting on 10m and worried about getting caught with that much cash that they can't explain. Just saying......

]]> http://patrick.net/forum/?p=1225112 http://patrick.net/forum/?p=1225112#comments Fri, 24 May 2013 23:22:44 +0000 bgamall4 http://patrick.net/?p=1225112 Recent Comments

• thomaswong.1986 says bg.. you are one screwed up idiot. You label a sheriff working on the front lines of drug and human smuggling by criminal Mexican mobs/gangs as Unamerican. laughable! you rather create distractions and point to bankers making illegal billions and yet look the other way as REAL foreign criminal organizations walk across the border and poison the US population with narcotics and kidnapping, extortion, slave labor and raking in 10x more in Billions.. Mexico: Organized Criminal Groups-A Business of Scale http://www.borderlandbeat.com/2013/02/mexico-organized-criminal-groups.html...

]]> http://patrick.net/forum/?p=1225045 http://patrick.net/forum/?p=1225045#comments Wed, 22 May 2013 23:58:56 +0000 HEY YOU http://patrick.net/?p=1225045 Recent Comments

• thomaswong.1986 says edvard2 says taxes are whats required to have good schools, freeways, defense, and other nice things that make living in a first world country what it is. taxes have already been paid many times over and yet, liberals in Govt are unable to prioritize their spending needs as private industry is capable of doing every day. all they see is endless needs and endless spending. California spending on good schools? Christ .. the billions spent as taken in by the lottory since the mid 80s could have created some 1000s of state of the art factories. Yet where has all the billions gone ? it went to salary and benefits. Now they want more ? Someone has to say NO to the funding addicts....
• thomaswong.1986 says dublin hillz says What I find the most ironic is that the biggest supporters of republican party happen to be small business owners who complain about taxes and yet they cheat on their taxes to a degree that a W2 employee would never ever get away with. Small business owners use outside accounting firms perform non-audit services: process payroll, vendor bill payments, customer collections, and creating financial statements and tax services. Therefore you have a independent CPA from a small firm which has no interest in such fraud. that is what your local small CPA firm does for their clients ... so cheating isnt possible given someone else is doing all of the required filings. Nice try ! But you should check the fraud by Landlords since no rental payments are reported to the IRS like w-2 and 1099s are used for salary/wages and contractors fees paid....
• dublin hillz says What I find the most ironic is that the biggest supporters of republican party happen to be small business owners who complain about taxes and yet they cheat on their taxes to a degree that a W2 employee would never ever get away with....

]]> http://patrick.net/forum/?p=1225114 http://patrick.net/forum/?p=1225114#comments Sat, 25 May 2013 00:51:07 +0000 HEY YOU http://patrick.net/?p=1225114 Recent Comments

]]> http://patrick.net/forum/?p=1225104 http://patrick.net/forum/?p=1225104#comments Fri, 24 May 2013 16:04:02 +0000 Bubbabear http://patrick.net/?p=1225104 Recent Comments

• HEY YOU says What's that there Great Depression he be talking about?...
• robertoaribas says talk about your limited choice fallacy!...
• gbenson says I choose option C) Author is a scare monger. And seriously, suggesting anyone buy gold right now is asinine. The author also presupposes that the system will spontaneously collapse into deflation, then nearly overnight the Fed will drastically overshoot into catastrophic inflation. The fed is nothing if not cautious to not overshoot in either direction, at least not for very long. Because of the role of a central bank, our 'deflationary spiral' is more apt to look like Japan than anything else. A long painful drawn out process that lasts a generation (with a few bubbles in there for good measure). I do agree with the author that the trade imbalance is positively pummeling us though. We need to stop this outsourcing crap and bring work home....

]]> http://patrick.net/forum/?p=1225108 http://patrick.net/forum/?p=1225108#comments Fri, 24 May 2013 18:26:46 +0000 jvolstad http://patrick.net/?p=1225108 Recent Comments

• JodyChunder says Sounds good. I took a night school course recently for hot yoga and had to take the same math courses. I used to be pretty quick with my sums, but found I'd forgotten a lot of stuff....
• APOCALYPSEFUCK is Shostakovich says Kick ass, J!...

]]> http://patrick.net/forum/?p=1225005 http://patrick.net/forum/?p=1225005#comments Tue, 21 May 2013 20:54:45 +0000 Patrick http://patrick.net/?p=1225005 Recent Comments

• MsBennet says mell says MsBennet says If those things you bought are now paid off, that can be a lot of freedom, except for the damn taxes. Maybe if you truly feel inner peace by owning them, often though people have to show off those things to others to get joy out of them. And then often those pesky others either don't realize how great those things are or are aloof about those things in general, so the people owning them have to tell everybody and post all day in forums about how great their things are.. Yes, and then there are also taxes ;) I am not sure what you are talking about, but if that is a subtle dig, I don't claim it. You haven't seem my modest house. Not xac-ly a palace. But it does have a nice flat screen tv, which my husband enjoys immensely, and he is not aloof to it. He is always commenting how much he loves it....
• mell says MsBennet says If those things you bought are now paid off, that can be a lot of freedom, except for the damn taxes. Maybe if you truly feel inner peace by owning them, often though people have to show off those things to others to get joy out of them. And then often those pesky others either don't realize how great those things are or are aloof about those things in general, so the people owning them have to tell everybody and post all day in forums about how great their things are.. Yes, and then there are also taxes ;)...
• MsBennet says If those things you bought are now paid off, that can be a lot of freedom, except for the damn taxes....

]]> http://patrick.net/forum/?p=1212342 http://patrick.net/forum/?p=1212342#comments Mon, 14 May 2012 15:01:04 +0000 CL http://patrick.net/?p=1212342 Recent Comments

• Mark D says dodgerfanjohn says However, you don't need news articles and you don't need to take my word for it. Thanks to craigslists map feature, you can search to your hearts content. http://patrick.net/forum/?p=1219721...
• zesta says dodgerfanjohn says This is currently happening in DTLA...funny how there were news articles left and right in the short time frame DTLA is the poster boy for a speculative investment. Investors bought RE there hoping the revitalization trend continues. I'm skeptical that it'll turn out the way some people are anticipating, especially with the Farmer's Field hiccup, but I can see the potential. IF (and that's a big IF) it realizes that potential, rents and prices will skyrocket. Until then, people will be able to rent out for much less than the cost of buying. Kudos for those taking advantage of it. It's a great place to live if you're young and single....
• dodgerfanjohn says What does it mean when the following conditions occur: -Rents are falling. -Purchase prices are rising. Drastically. Pretty sure I don't need to justify this one. Should be accepted fact at the moment. -New build is going up in significant amounts, but won't be complete for 1-2 more years. Will be a mix of rentals and sales. This is currently happening in DTLA...funny how there were news articles left and right in the short time frame(1 to 1 1/2 years) that featured rising rents, but now that rents are falling(by as much as 10-20% based on recent list prices), mums the word. However, you don't need news articles and you don't need to take my word for it. Thanks to craigslists map feature, you can search to your hearts content. And in fact, I almost missed a unit at $1250/mo...a price level I've never seen outside one poorly located, poorly maintained building. I had set the minimum rent at $1400 and was finding so many units at that level that I figured I better lower it to $1200!...

]]> http://patrick.net/forum/?p=1225110 http://patrick.net/forum/?p=1225110#comments Fri, 24 May 2013 20:54:08 +0000 JFP http://patrick.net/?p=1225110 Recent Comments

• zesta says JFP says I don't know why he gets off on lying about his investing record on this forum He put those numbers in there to test if you're paying attention. I don't get the intent of allowing users to delete comments, especially their own. This is a great board, an excellent resource for RE and investing tips. However, since 99.9% of the users are anonymous, the only way to vet a user is by viewing past comments. That obviously can't be done if someone is able to edit their own comments, or delete posts that have their comments quoted....
• robertoaribas says Biff Baxter says This does not belong in the real estate news section. Once again, moderators spamming. Biff It absolutely does belong in the real estate section. that is where RentingWithHalfDeadBrain can be found lying, and anyone new to patrick.net deservers to know....
• JFP says Biff Baxter says This does not belong in the real estate news section. Biff It's where he usually lives, but yeh, I should have put it in misc. Sorry....

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