baldona
| Favorite team: | Auburn  |
| Location: | Florida |
| Biography: | |
| Interests: | Fishing, hunting, SEC athletics |
| Occupation: | |
| Number of Posts: | 24195 |
| Registered on: | 2/16/2016 |
| Online Status: | Not Online |
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Let me explain why they aren't destabilizing.
1.) They are buying properties they can somehow make a profit renting.
2.) If they sell those properities at a loss, someone else can somehow purchase those and
3.) Make a bigger profit renting
This idea that VC money is clueless is just stupid.
Sure, they can be wrong and they are wrong. But they made a shite ton of money somehow. That's being right a lot.
Look I'm not for VC money buying homes.
My point still stands, if you are out paying locals to then turn a home into a rental than the local couldn't afford the house in the first place.
I own rentals. I can't buy homes that locals can pay fair market value on, and turn a profit on the rentals.
The only way to turn a profit on rentals is to routinely pay under market value: foreclosures, wholesale, etc.
1.) They are buying properties they can somehow make a profit renting.
2.) If they sell those properities at a loss, someone else can somehow purchase those and
3.) Make a bigger profit renting
This idea that VC money is clueless is just stupid.
Sure, they can be wrong and they are wrong. But they made a shite ton of money somehow. That's being right a lot.
Look I'm not for VC money buying homes.
My point still stands, if you are out paying locals to then turn a home into a rental than the local couldn't afford the house in the first place.
I own rentals. I can't buy homes that locals can pay fair market value on, and turn a profit on the rentals.
The only way to turn a profit on rentals is to routinely pay under market value: foreclosures, wholesale, etc.
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If you are moving the goal posts to suggest that institutional investors actually make some neighborhoods MORE affordable than that's a completely different subject, lol.
No. My point is they artificially destabilize entire markets.
No they don't. That's just what your internet conspiracy theorists think.
The OP was about inflating markets. Which is it?
It can't be both
quote:
Yes
The downside to the SFH market responding is that when these funds can dump properties at a loss, it artificially brings down the entire market.
The consequences of that are a loss to homeowners and even a rise in foreclosures.
You are vastly overstating this actually occurring. Maybe occasionally, sure. But investors are in it to make money, acting like they can just dump at a loss especially enough to bring an entire market down is absolutely laughable.
Furthermore, this thread is discussing homes being unnafforable. If you are moving the goal posts to suggest that institutional investors actually make some neighborhoods MORE affordable than that's a completely different subject, lol.
quote:
You got Joe. No advice needed. He’s top notch.
Ha yeah, what’s the OP gonna do tell his guide he got some advice on the OB and they should throw some different lures or something?
Have a great time I’m sure you are in good hands OP
re: Stepson Picks the Trades
Posted by baldona on 5/11/26 at 10:01 am to chrome_daddy
quote:
I guess it's one thing I do miss in retirement. Creating clear, concise communications for the teams / orgs I worked for, to drive work.
You need to make sure he understands 2 things.
1.) there’s a lot of guys in the trades that got their through bad decisions. Not exactly the best influences on a young 18-30 year old
2.) you don’t want to be doing trades in your mid 40s and later. You want to be a manager. Sure the office cubicle may suck when you are 25, but it certainly doesn’t suck as much as turning wrenches when you are 55
Damn. RIP. Hell of a run the braves had with him
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I know, I own a Y. What I can say is that their mid size suv is way better than the Y. Also the new Y had very small improvements
Better how? If by cheaper and it’s Chinese no thanks.
Faster?
Made better? lol
Less maintenance? Lol
re: Shiloh Sanders $11 million plus in debt.
Posted by baldona on 5/9/26 at 6:16 am to Gatorbait2008
Honest question, it was 2016 and he was 16. Why would his legal counsel have delayed this? Should they not have attempted to just pay the guy out and be done?
Not only is he stupid but his legal counsel must be just as dumb it appears to allow something from when he was 16 to come back up when he was 22?
Not only is he stupid but his legal counsel must be just as dumb it appears to allow something from when he was 16 to come back up when he was 22?
I don't think that's how it works. Fairly certain you were told to marry that and forced to hit it after a forced marriage. Its either that or you likely embarrassed the family and were killed by the king.
This is also why people had mistresses.
This is also why people had mistresses.
I know it’s California, but I’m not so sure at some point soon the majority of voters won’t come to their senses and want someone real again. It really is amazing what Spencer has been doing, if anything he is shaking things up more than anyone has in a long time.
re: How bad are these Bronco Sports with the 3 cylinder engines?
Posted by baldona on 5/6/26 at 7:01 am to chinhoyang
quote:
but an underpowered car is dangerous.
How is an under powered car dangerous? This is one of the dumber comments I’ve seen.
I’m sure you are going to say there are times you need to accelerate, but those times are insanely few and almost always avoidable. There are probably 100 accidents in young drivers going to fast, doing donuts, etc. due to too much hp than there are issues with young drivers with too little hp.
Patience will almost always allow you to avoid situations where high hp is needed.
For those suggesting things like the Mazda and Honda Crv he said it’s for his son. Those are very feminine cars. I’m not suggesting the bronco sport, just saying I understand the interest
quote:
that is a nice reel but I hate a spinning reel for snapper dropping
I don't disagree for me personally, but I do prefer spinners for newbies/ guests. Just easier in general to use but more importantly less they can frick up.
I also will generally put lighter set ups for guests and have them fish higher in the column/ closer to the boat until we have to fish deeper or otherwise need heavier gear.
I do like to have some spinners just because of their versatility. A heavy spinner with a snap snivel can easily be switched from a snapper to a cobia or mahi pitch rod.
$80k to a personal card? This isn't burger king, how did he think he wouldn't get caught?
$5k or maybe $10k is a solid hustle, $80k is just stupid
$5k or maybe $10k is a solid hustle, $80k is just stupid
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And the US of course has the worst bus systems in the world.
The U.S. has a bad bus system because we have the greatest car system in the world, which beats taking public transportation every day.
Americans love to act like public transportation in other countries is soooo amazing until they actually use it.
Go to any country with great public transportation and the wealthy still drive. Driving is just better. Except for cost.
The places that have the best public transportation generally have the lowest percent of personal vehicle ownership. Italy’s public transportation sucks because they like their cars and motorcycles, for instance.
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They are one of the few fabricators fully staffed with welders.
I’m sure companies that specialize in O&G materials pay better, but most ‘shop’ fabrication welders aren’t making great money from what I’ve seen like mobile welders and other jobs . It’s something like $25-30/ hour and that’s usually toward the high end, I’m sure if in O&G they have all the OT they want but still.
re: Florida's high speed train Brightline struggles, seeks rescue after $5.5 billion debt
Posted by baldona on 5/4/26 at 7:07 am to Onyx Aggie
quote:
Haven't ridden on this one, but was curious about the speeds. Honestly, pretty pathetic compared to high speed trains in other countries. There are faster trains in fricking Africa.
Speeds are somewhat over rated in regards to times for this type of distance. It’s more about the stops.
In order to achieve the truly high speeds you have to have a safe track. As said this train already hits people. It has to be raised, underground, or otherwise a safe distance away and avoiding the public. That’s not easy in the US with urban sprawl.
I don’t know shite about this train, I’m in Florida but in the panhandle. A lot of it also has to do with the amount of stops. Non stops or missing stops makes them a lot faster time wise.
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Should have built from Tampa to Orlando and included stops at Disney and Universal as well as MCO, and then home east to the coast at with a couple of stations before turning south.
Have you ever been to Tampa? It’s a huge area. You’d have to have a massive parking lot for people to drive and park. Most of the northeast side is poor, which is the most logical place to put a stop. No one wants to park in a poor area and get robbed, and poor people aren’t taking a train to Disney.
The reality is even at say $25 each a family of 3 or 4 that’s $75-100 each way to go from say Tamp to Orlando or Orlando to West Palm. Even ‘high speed’ door to door it’s not going to be faster than driving when you factor in parking, waiting on the train, going from the train stop to your location.
So it’s slower than driving and more expensive than gas.
So, why?
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I'll never understand the desire for Class C's. When I'm camping, I want to leave my rig at the campsite and be able to drive a smaller rig around the nearby area
Respectfully you have VERY clearly not done a road trip in a class C with kids and in a truck pulling a camper. There’s NO comparison. There’s 0 room in a truck with kids. No room for a cooler, no room for toys, no bathroom, etc.
It’s not all about costs. The beauty of an rv is not having to unpack, with kids this is priceless. But with adults, it’s a luxury. Yes, costs are there.
The reason things are always breaking is people want too many items in a vehicle that needs to be low in weight and meet a budget, plus did I say it’s a vehicle that moves? Build a 150sq ft house with a kitchen and bathroom for 50k and that’s also what you get.
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Or maybe "relatively cheap" is different to me, than to you.
One could argue this about ‘relatively expensive’, but cheap is not really something up for argument.
Tickets are over $100 last I looked, that’s not cheap
ETA: I’ve never been just because they have never been close to me. I’m not hating, they are doing something right. I’d be happy to take my kids even at full cost. We almost went in NOLA because we happened to be in town when they were there, but the cheapest tickets were over $120 so for a family of 5 $600 was not a relatively cheap last minute event to add.
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Maybe, but he's right. 99 percent of all so called Pitt attacks aren't by actual American Pitt Bull Terriers. They're by the numberous different Bully breeds that have blown up over the past two decades by dumbass backyard breeders trying to make a quick buck.
Same frickin difference.
And like it matters anyway? 100%, 60%, who gives a frick
re: Italy Trip v. Africa
Posted by baldona on 5/2/26 at 10:04 am to coldcoldcajun
quote:
It's not San Francisco. There may be rises and drops but over the distance it's evens out. At those distances they would probably Taxi.
You can taxi, but its not that simple in Rome. Its going to be slow at time, traffic can be terrible, and most routes are not direct. It just depends on where you want to go and how close you want to get. There's also a lot of pedestrian only areas.
IMO San Fransisco is way easier than Rome to get around if you are old. San Fran is much easier to Uber. The roads are good for walking. There's not a lot of stairs in San Fran. The hills are definitely worse in San Fran, as in bigger. But you could more easily get around on Uber/ Taxi.
The thing about Rome, is its just not stop stairs.
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