73 Reds

These were enforceable HUD guidelines. As a private landlord, my written lease always provides for permanent occupancy only by those tenants identified in the lease agreement.

There were (surely still are ) guidelines as to the maximum number of residents who can occupy a home with xx bedrooms and xx baths.

@gfp many years ago I served as a Hearing Officer for HUD cases involving disputes between property owners and Section 8 tenants. The number one issue by far was too many residents occupying a single residence, due in no small part to the subsidies each resident was receiving. The tenants were experts at gaming a system in which the Govt. had no chance of forcing compliance. Like you, the lesson learned was Section 8 housing was not worth the headaches, as a property owner. The flipside is, there is a lot of money to be made but you need the right mental framework and a full time maintenance staff.

So basically.... everyone needs to go. Got any replacements in mind?

Does art have maintenance costs?

IMO, what you pay for a residence should be an afterthought relative to your overall financial situation. No matter where you are in life, it should probably not be viewed as an investment and the cost should not negatively affect any other aspects of your life.

Have you thought about what the new unit will cost you each year over and above the costs associated with your current residence and the opportunity cost of those additional yearly expenses?

If you have to think about it, it's probably not worth it.

Do you judge the performance of all the stocks you buy after only 40 days? (No answer required).

LOL, you guys actually had a thread on SHLD? What was there to argue about? Not trying to reopen old wounds - just curious.

No argument here Mr. Ambassador, now go sell your plan to the powers that be!

Yeah, selling options is best done in a retirement (deferred or nontaxable) account. I rarely buy options (buying great stocks is hard enough, timing the buys is that much harder) but one combination sometimes works - buying a LEAPs option and selling short-dated "covered" call options against your LEAPs position. This can work particularly well with high priced stocks

When it comes to options, I don't think any "strategy" is terribly effective. Rather, options may be used to take advantage of specific situations, i.e., one-time mispricing, high volatility, desire to enter or exit an equity position, etc...

John, as stated the optics were bad. But has anyone proposed a better plan? I'm all ears.

I think yesterday's confrontation needed to happen - though not necessarily in the public eye. It did nothing to denigrate what the US stands for in spite of what many Trump haters may believe. The World will get over its collective vitriol when it recognizes that the "America First" movement is not about US control, but rather about returning to a semblance of balance as to the respective roles of each major western-thinking nation with respect to responsibility and material policy. The World is a dangerous place and IMO large swaths of morality have been completely corrupted; this is clearly on display every time the UN meets and embarrasses itself while most Western nations sit idly by and do nothing.

This discussion brings to mind the age old question: Which is more important, form or substance? Clearly the optics(form) here were terrible. But with regard to substance does anyone have a better idea how to resolve this issue? Seems like everyone is critical of the other as to form but no one seems to have a better idea than the one proposed by Trump which at least saves the US taxpayer from continuing to fund endless bloodshed and an unwinnable war. There are a lot of way to coerce compromise; we saw one yesterday. Whether it works is anyone's guess.

@Blake Hampton Please reconsider. You are young and smart. The best way to learn is exposure to varying opinions and contexts. We're all here for essentially the same reason, to learn from others and hopefully make some money along the way. You don't have to read threads or posts from folks that bother you. Evidently you can even block posters you don't like (though I think that says more about you than the blocked posters). Simply ignore anything that bothers you but respect others' points of view and don't try to change anyone's opinion because there are far more productive uses of your time and effort.

Two questions: (1) Under what plausible scenario can Ukraine win this war? (2) If there is none, what choice does the World have other than to demand settlement?

You may be right but the value of cash depends on who is holding it.

Yeah, whether and to what extent you utilize options depends on your specific objectives and whether the premiums justify the risks. You can easily manufacture a "dividend" with your BRK holdings by selling OTM covered calls. The few % you make could be the equivalent of what you might receive if a dividend were actually paid. If you are ambivalent about losing the stock at the strike price, covered calls make sense When selling puts, higher interest rates do sweeten the prospects when you can earn interest and option premiums on the same money. But IMO options can be used in a variety of ways in the RE business to make a material difference when it comes to returns.

I recall coming across that book - I'm sure many of the respective theories overlap. This issue is far too elaborate for this forum but I'd be glad to discuss by DM if you wish. I've been using options professionally for decades but not all in the traditional sense.

I beg to differ. The book I cited earlier is a great source for options trading.

Anyone who is interested in options may want to read "Options as a Strategic Investment" by Lawrence McMillan. It is by far the best book I ever found on options trading.

Yes; I believe the reasoning is that lawyers are required to retain their independence and avoid any influence from outside sources in representing their clients.

I think the issue is that Lawyers are not permitted to share fees with non-lawyers.