patrick.net

"You can get a quieter vaccum. They work fine."

Ear plugs are much cheaper and the vacuums we have work okay.

Ear plugs are much cheaper and the vacuums we have work okay.

But it would be nice to vaccum at night guilt-free. Well, unless you will buy ear plugs for your downstair neighbors too.

"Renting at a loss is a really long term strategy"

I suppose there are scenarios where this could play out favorably..... this just isn't one of them.

If anticipating growth in a commercial RE environment it may make sense to eat it up front with the expectation of huge pay-offs down the road. Seems to me the best most specuvestors can hope for is to b/e?

The carrying costs (assuming you can live with them) would be hard to justify to a group of seasoned investors. If you can't sell it to them, why would you try to sell it to yourself?

Jon,

You're asking for trouble, man. One of these days, the toilet seat cover will be down, and all hell will break loose.

Right time to invest in lawyers is in the contracting stage. If you have to worry about lawyers in a contract dispute, you probably can't afford them.

"Nobody told the specufloppers and maxihousers this. 3% down, 81% exotic or adjustable in California last year? Invest in lawyers my friends."

Maybe pre-sell bankruptcy filings, while these folks can still come up with the money.

"It gets strange"

Sure does. I remember retail grocers paying the lease on a grocery outlet just so they could leave it empty! Welcome to "hardball". Obviously these guys do math and calculated it would be better to suck it up on the lease b/c they wouldn't have any competition in the neighborhood!

"included appreciation as if it was cash flow"

When it's all said and done this will go down as Mr. Specuvestor and even FB's biggest error. We can argue wether they were sold this bill of goods or they sold it to themselves but in the end it won't much matter.

New thread: Utopia Village

"What the heck is the point of the cover anyway?"

So women won't be grossed out by residual urine stains? So people won't fall into the toilet? Greater comfort? More splatter protection? Beats me.

But it sounds like you really need a urinal in your bathroom.

“What the heck is the point of the cover anyway?”

If you do not flush with the cover down, dirty water droplets can splash up to a few feet high. They can find their ways into your toothbrush.

I think everyone should put the cover down after use - men and women. The point is that you don't have to look at a toilet bowl!

On house hunters international last night, the couple was looking in Mexico and the thing was that one property had a bathroom with a urinal in it. I've never heard of that in a private house before. How convenient that would be for men!