fareastwarriors

Still own AIRC?

Closed out a tiny position in Prosus.

Added some Ether...

The board has to be one of the oldest. There are bunch of 70, 80, 90 year olds... Amazing...

Added a bit of BABA

Lucky for that kid, his dad is printing money in the markets!

Both functions work great. Thanks for your quick work!

Pressing the three dots (...) on my posts shows only "Share" for me. Unless the edit/delete feature is somewhere else. *EDIT: Works now thank you!

Picked up some more APTS It feels like I just clone Gregmal's ideas.

How do you edit/delete your own posts?

I think it depends on your time horizon. I think there are multiple factors still at play in near term from getting out of the Fed's regulatory lock on buybacks and higher dividends , rising rates, loan loss reserves being released, and control on expenses. Sure it ran up quite a bit and some news are baked in but there be some more upside to go!

Some BRK.B keep adding :)

Are standard retail leases that long though? I thought they are 5 five years usually. In my example, the SMALL building has been completely vacant since 2015. I know it's hell to get anything entitled in the Bay but still.  The MEDIUM building did finally take on a new Pizza tenant last year (finally). That building will have donuts and pizza (soon). :)  It seems like they want to rent space out. Lastly, I would love to see some new development for senior/student or any just housing. We need it. Any new development (residential or retail) would be an upgrade compared to the dated strip malls, fast food places, and vast surface parking lots we have now.

Didn't want to start a new Thread. Can someone share some insights on why some commercial properties sit vacant for So long? Here's the background. I live near a busy Main street in the suburbs of Oakland (San Francisco Bay Area).  When I moved there in 2014, houses were going for high 300 - low 400k. The people were mostly working class like factory workers and restaurant types. Now the houses are going for low 700k. There has been turnover and I see more office professionals move in but it's mostly higher pay blue collar types like self-employed construction. There are 3 strip malls on the same street couple of blocks away from each other. These are not fancy or new, just rectangle boxes with parking out front. Two blocks away in the opposite direction, there is a Target anchored retail property that is basically fully occupied. LARGE has maybe 20 spaces available for rent. It was half empty in 2014. MEDIUM has 5 spaces available for rent. It had 1 tenant in 2014. SMALL has 4 spaces available for rent. It had 1 tenant in 2014. Now more than 6 years later: LARGE is nearly full with only 2 spaces available. MEDIUM now has 2 tenants (The new/2nd tenant is not even opened yet. It's going to be a pizza joint from a tiny local chain). SMALL has 0 tenants. LARGE, MEDIUM and SMALL still have (faded) FOR LEASE signs from different companies up. I don't think SMALL and MEDIUM buildings are going for redevelopment since there are no signs and I didn't receive any letters from city to comment on potential development.  Besides there plenty of surface parking lots available for redevelopment if investors were interested. LARGE looks the oldest and don't have any national brands besides an Autozone and MetroPCS store... The Autozone predated me. Everything else is just mom-and-pop shops like restaurants, ice cream shop, and hair/nail salons.  These are not even Instagramy hipster places but just small places selling pho, pupusas, HK-style bbq meats, and etc. The area is booming with higher income people moving in. LARGE's parking lot is always full now.  So what is the deal MEDIUM and SMALL? Why are their spaces still vacant all these years?  I see this around town and also in other cities. Yes, I get some locations are just weaker or there is too much space available nearby.  Still, why are so many places vacant or seemingly underutilized even in the highly populated and/or growing areas?  Sure some are institutionally owned and the REITS maybe have other stronger properties so they afford to wait for the high rent/right tenant. But what about those smaller ones? All those owners can afford not to rent for half decade, if not more? Am I missing something?

Debt is 2 way street. If your financial house is in order, I'm for taking Some low rate debt to invest in higher returning assets. I employ margin in my taxable investment account and tap my HELOC all the time for Real estate and stocks. I'm not so sure about crypto though. I have little chance of being margin called and I have other assets on hand (with varying levels of liquidity) to cover unexpected issues. Different for everyone.

I am also directly short tesla, but  it is just a 2% position of my portfolio For a "value investor" community, I think being LONG Tesla is More crazy.

A bit of BAC. Why not.

Visa moves to allow payment settlements using cryptocurrency [url=https://www.reuters.com/article/crypto-currency-visa/exclusive-visa-moves-to-allow-payment-settlements-using-cryptocurrency-idUSL4N2LR2U2]https://www.reuters.com/article/crypto-currency-visa/exclusive-visa-moves-to-allow-payment-settlements-using-cryptocurrency-idUSL4N2LR2U2[/url]

Shouldn't you rent a bit in order to explore the city before buying? I'm not familiar with either area but I'm sure one big city feels vastly different than another.

Sold some MX. Paid down some margin. Started GILT. sold remainder MX. Go private at $29. $26 is good enough for me. How many stocks are you holding Greg? Seems like you have a bit in everything and baskets of SPACs and REITs.

Y'all back at it again like in the Coronavirus thread? Don't you guys get tired? I'm just here for the free donuts.

The picture you attached to your post made my laugh like hell. Nice lid :-) If you think that's funny, you should see what it looks like now. :P I been loving the memes/tweets from @ParikPatelCFA on Twitter.

Dogecoin anyone?

Robinhood aims to allow users to buy into IPOs https://www.reuters.com/article/us-robinhood-ipo-distribution-exclusive/exclusive-robinhood-aims-to-allow-users-to-buy-into-ipos-sources-idUSKBN2BH36G

I added a bit to Sea today.