fareastwarriors

PCYO

More APTS

Good meeting. Glad to see how sharp Buffett and especially Munger continues to be.

Brk.B

a bit of BABA

Maybe we should've bought more.

a bit of FB

@Castanza Awesome! Everything looks great. Custom cabinets? You fancy.

wow... rip...

Are you a real estate investor? What is your specialty?

Trimmed AIV at 6.70

Sold out of small positions in XOM and CVX a few days ago.

Picked up some Prosus

More INDT and APTS

Sold out of AIRC at $45

Made $650k cash bid for a fixer. I was 1 of 25 and didn't even get invited to bid again. Oh well.

Who's buying all the houses in the suburbs and smaller tier 2/3 cities? Millennials in their mid-late 30s? Gen X'ers in their early 40s?

Yes many millennials have high student loans but we also work high paying jobs. So many of my millennials friends are working in tech/biotech/healthcare. Some of them do hold 100ks loans but the majority of them is also making 100k+ in income right out of college. I worked in finance and thought I made pretty decent money before I got out. My friends make so much more in tech, even the younger ones right out of college... dam them! But I got more houses than them so !

Added to INDT and APTS No high conviction ideas so I just keep adding to my small positions.

The ads are fine if they are at top or bottom and not between posts. I voted to pay a small amount.

Thanks Matt!

Some APTS

Added to JBGS

California billionaire’s real estate firm to begin allowing tenants to pay rent in bitcoin https://www.cnbc.com/2021/04/07/rick-carusos-company-to-begin-accepting-rent-payments-in-bitcoin.html

Curious on why now? Rose too much too fast? Not a long term hold?