Investment BS Thread - Stocks/Futures/Mutual Funds/Bonds/Commodities/Options/ETFs/401ks/Etc

Did you pull that data by $ per square foot? Can you pull by list price I think it will make more sense. Your upper 20% of the market price is going to look a lot slower than the lower portion of the list price spectrum. 1st time home buyers/investors always competing at the entry price point so short DOM. The guide would take all residential across all price points into consideration for days on market seller/neutral/buyer market. Pulling DOM by price point will show you what purchase negotiating leverage you have at your price point in comparison to the property your looking at based on how long that house has been on the market.

 

I’ll never complain about missing a good investment again, or selling too soon.

 

Yeah I can do that, give me a few minutes.

 

Something that should also be mentioned about Reit dividends is that they are not qualified. The increased taxes cut into that higher dividend rate.

 

here you go. Looks like Nashville housing market is still insane. This is only showing closed sales. But there's a million ways to look at this data... any other ideas? Lol


CLOSED ONLY




Actually, that being said, realtors will directly manipulate housing data but withdrawing listings and then reposting them. This to me is deliberately messing with the data. Let me take a look at just withdrawn, expired, and active houses.

That's what I thought. Fucking realtors fucking with the data.

WITHDRAWN, ACTIVE, AND EXPIRED LISTINGS

 

Realtors = overpaid used car salesmen. smh

 

I may or may not have been a realtor. Certain mls will not allow those withdrawals and re list with out a waiting period like 30 days to avoid that kind of manipulation. Closed sales are usually best when the data is clean....I would pull 30 days and 90 days for clients to show trend. Can’t say I have ever seen a 700k price point be in step with the 150k DOM in Idaho. That part looks odd but actual time on market resembled what I had seen locally in the lower price teirs. Cool data.

 

There's a lot of rich people in Nashville. They either come here from insane housing markets like California, or they're natives and they've ridden this bubble to the top. I'm from Alabama so this market has been a nightmare. Most of the Nashville TW members live 30-45 minutes away - aka the places that are affordable. Nashville metro is insanity. There were bidding wars here not long ago.

Any tips for haggling with listing agent? I have a realtor doing that for me but, not sure how hard in the paint she's going to go for me.

 

Anyone here own a trailer park?

 

Anyone invest in P2P lending (peer to peer)? If so, can you post some info? I looked at Upstart and you have to have a million dollars (same requirement as hedge funds). Looking for something where you can invest maybe $10k or something like that.

 

I have a few that we have "invested" in. I think of it more as a charity. There is not a lot of money involved, so no real returns.

 

Well in 5 min and 2 posts you guys have talked me out of it. I appreciate it, I’ll stick to dividend stocks.

 

You thinking like some Silicon Valley start ups. Start you an incubator, get some software engineers fresh out of college living with you and whatever app they come up with you automatically own 10% lol

I have been watching that show, it’s good as far as comedy.

 

That’s like a mix between Shark Tank and slavery. Hmm..

 

I don’t see the slavery part. They’re living rent free, just paying their food and such.

I don’t watch shark tank, but I’ve saw shorts from it to kinda get what it’s about.

 

Oh, I wasn’t sure if they had a choice in this arrangement. Never saw the show you’re talking about.

 

It’s not an educational show though I will say it has mentioned some things I didn’t know and looked up and was surprised.

Too bad it’s only on HBO Go

 

As you may know the seller is paying the commissions- in Idaho typically list a home for 6%. 3% for the Selling broker and we would offer 3% to the agent that brought the buyer. If you got your financing in order then you could contact each of the listing agents for the viewing make your offer. (dont hesitate to be upfront about the nature of your interest) If the listing agent is allowed by the Seller to double end the deal then he may could take up to a 2% of that 6% be $$ ahead(4 instead of 3%) and extend you a lower price. There is a few ifs in this but the main one is if the seller will allowing the listing agent to represent both parties. IF you got financing in order then look at For Sale by owners if your comfortable with that- There is a reason that FSBO sell less than Listed homes. One of which is they are usually more flexible. Lastly if you cant get to the area for that kind of transaction- than dont hesitate to commit to a good agent. If you have some flexibility in your closing time line let that be your advantage- let the agent field the looking- find those listings that are coming to market that maybe the buyer wants an extended closing because they are building a new house or something. you can come in agreed on price with the understanding that they got a good buyer that is allowing them to close at the convenience or you are willing to a rent back until their property is completed. (this is often stressful component for Seller that needs to time house sale) Lots of bad agents stories out there but I have seen just as many good ones that have the relationships/connections/and savvy to put a deal together not on the highest price but on the terms and conditions of the deal.-- If that makes sense.

 

Last two homes my family bought we found online(redfin, Trulia, Zillow etc), but needed an agent to open the door so we could look at it. Then all they had to do is file the paperwork and collect their 3% from the seller. Seems like a rip off to me, but as the buyer I wasn't paying the comission. I hope the industry changes when I go to sell because paying 30k on a 500k sale seems a little high now that all of the listings are easily searchable online.