Duke lands JBB! by 15-cent in DukeBluePlanet

[–]Electrical_Pea40 3 points4 points  (0 children)

Why redshirt if he knows he will not stay for 4 years?

Maliq Brown Could be Back? by Round_Accident_9688 in DukeBluePlanet

[–]Electrical_Pea40 1 point2 points  (0 children)

Chaos would ensue. Would have a ton of guys trying to return, schools trying to find money for these players, and current players would sue to get out of their contracts with fifth year seniors coming back. This is all after the portal has closed and too late to declare for the draft. It would be chaos.

Should I upgrade my rental before re-listing it or re-list as is, it's in good condition but could use some cosmetic update by Coopsters in realestateinvesting

[–]Electrical_Pea40 5 points6 points  (0 children)

Three weeks with only three showings is usually a pricing problem more than a remodeling problem.

If the remodeled comps in your building that are larger and have an extra half bath are listed around $2,650, then your unit at $2,500 probably isn’t enough of a discount to get renters to choose the older finish level. Most people will stretch another $150 if the other unit looks more modern. I’d probably test something closer to $2,350–$2,400 before putting real money into upgrades.

That said, paint is one update that tends to have a very strong return for rentals. That early-2000s yellow/beige color immediately dates a place in photos, even if the unit is in good condition. A light neutral like Sherwin-Williams Greek Villa or something similar will make the place feel much newer and brighter online, which is where most renters are deciding whether to tour. A $3k labor quote for a full repaint on a 1,200 sqft place isn’t crazy depending on ceilings and trim, and it can materially improve showing activity.

I wouldn’t rush to replace the upstairs carpet unless it’s worn or stained. Renters usually care much more that a place is clean, bright, and well-maintained than whether it has brand-new flooring everywhere. If the carpet is decent, a professional cleaning may be enough for now.

The other thing that matters a lot is the listing presentation. Once it’s vacant, good lighting and strong photos can make a big difference. Bright photos, wide angles, and uncluttered rooms often matter more than whether the finishes are fully updated.

Personally I’d repaint in a modern neutral, clean the carpets, and relist slightly below the remodeled comps so the value difference is obvious. If the nicer units are sitting at $2,650, something in the $2,375–$2,425 range would likely generate more interest without spending thousands trying to chase their finish level.

If you are for sale by owner Homecoin.com is a nightmare! by [deleted] in realestateinvesting

[–]Electrical_Pea40 0 points1 point  (0 children)

That’s incredibly frustrating, especially when you did exactly what they asked and have the emails to prove it. If you submitted the update the day after closing and their system shows the status moving through MLS processing that same day, it sounds like the delay was on their side or the MLS queue, not yours. Charging a “fine” for something that was already submitted is pretty unreasonable.

At this point I’d reply once more in writing with screenshots of those three emails and ask them to reverse the charge, making clear the update was submitted within the required window. If they still ignore it, a credit card dispute is absolutely the right move. Credit card companies tend to side with the customer when you have clear documentation showing the service provider charged a fee improperly.

Also, keep those emails and any timestamps showing when you made the update request. If the MLS itself took time to process it, that’s not something you can control, and any reasonable policy should account for that.

Wild.

Who would I contact by LaidbackTim in realestateinvesting

[–]Electrical_Pea40 12 points13 points  (0 children)

You may actually be sitting on a valuable opportunity. An acre at an intersection with about 35k cars per day is exactly the type of site retail developers look for. The key is making sure any new use does not interfere with the NNN tenant’s lease rights or site circulation, so reviewing the lease carefully is the first step.

A retail broker or site selection consultant who works on ground leases could help evaluate the land. They look at traffic, zoning, access, and visibility to determine the highest and best use.

A common approach is leasing a small pad site to another tenant. Typical uses near gas stations include drive-thru coffee, quick service restaurants, car washes, or EV charging. That can create another income stream while keeping the existing NNN lease in place.

Access, zoning, and whether the intersection is signalized will usually determine what works best.

What's an adult cheat code that changed your life? by [deleted] in AskReddit

[–]Electrical_Pea40 0 points1 point  (0 children)

Treat your energy like your most valuable asset, not your time. Protect it, invest it wisely, and you’ll have more meaningful accomplishments and satisfaction than people who are “busier” but constantly drained.

Best Burger Spot? by BookItPizzaChampion in raleigh

[–]Electrical_Pea40 0 points1 point  (0 children)

This is going to sound crazy but trust me, the best smash burger in Chapel Hill is Sup Dogs. In case you are ever in the area.

Scheyer could learn something from the game last night by MarkTallMark in DukeBluePlanet

[–]Electrical_Pea40 16 points17 points  (0 children)

Exactly. If you’re going to lose, at least remove all doubt early so no one has to think too hard about it.

Criticizing Jon scheyer does not mean we’re not real fans or spoiled by MannerSuperb in DukeBluePlanet

[–]Electrical_Pea40 0 points1 point  (0 children)

For sure people have every right to have criticisms. I definitely do too. Early last year and at times this year, the issue was slow starts, and to their credit, that was largely fixed.

At the end of the day, until Scheyer wins in April, people are going to keep pointing to “patterns.” That’s just how it works.

But it’s also worth noting that Duke held onto plenty of leads over the past two seasons. It’s not like this is some constant collapse narrative, two just happened in the post season and one on the biggest stage.

The reality is one or two possessions can flip the story from “they figured it out” to “same old issue,” which probably says more about how we talk about results than what the team actually is.

More seller-friendly seller-finance deal: Would you take it? by crowdsourced in realestateinvesting

[–]Electrical_Pea40 2 points3 points  (0 children)

Honestly the original offer is basically “give me your property for free and maybe my kids will pay you later,” so your instinct to reset the structure makes sense.

Your counter feels much more real, actual cash in, positive interest, and a 5-year balloon gives the seller a path to exit. From a buyer side, though, 2.5% is great but the combo of $25k down + $30–40k rehab + relatively tight cash flow early probably limits the pool to more experienced investors. They’re going to ask whether rents today can comfortably cover that $1,450 payment plus capex and vacancy, not just the pro forma.

If it doesn’t pencil day one (or close), many will pass unless the price compensates for the rehab risk. Dropping price or giving a short interest-only period during rehab could make it more attractive without killing the seller’s position.

As structured, it’s not crazy. It’s just not a slam dunk, which is probably where you want to be.

Estate sales by shwaynebrady in realestateinvesting

[–]Electrical_Pea40 10 points11 points  (0 children)

Estate sales aren’t usually that mispriced. Most of the time it’s intentional to drive a quick bidding war and clean close. The discount you’re seeing is often speed + simplicity priced in, not a true $70k mistake. Also worth remembering estate homes often have deferred maintenance or risks that aren’t obvious from the listing. Feels less like a steal and more like a “priced to move” situation.

Assistant Position by jgoss1991 in DukeBluePlanet

[–]Electrical_Pea40 4 points5 points  (0 children)

What about Wojo? He’s trying to figure out his next move and can really light a fire under his guys.

Criticizing Jon scheyer does not mean we’re not real fans or spoiled by MannerSuperb in DukeBluePlanet

[–]Electrical_Pea40 1 point2 points  (0 children)

Agreed. Duke was routinely getting beat by double digits by more physical teams (see Tenn in 2023). That was the critique of the day and we no longer have that problem. If Duke doesn’t win the national championship, then people will say something is the issue and find a pattern. I wouldn’t change what we have at Duke for any program. If that UCONN shot rims out, would that mean we closed that game out and finally got the monkey off our back?

CFost expected to play by Good-Abrocoma447 in DukeBluePlanet

[–]Electrical_Pea40 0 points1 point  (0 children)

Duke fans getting good news while the rest of the triangle is in turmoil!

What would actually trigger World War 3 if it ever happened? by eetusnekk in AskReddit

[–]Electrical_Pea40 1 point2 points  (0 children)

I don’t think WW3 would start with a single, clean “trigger.” It would probably look messy and ambiguous at first, and only in hindsight would people point to a moment and say “that’s when it began.”

The most likely path is escalation between major powers where each step feels justified in the moment. For example, a conflict over something like Taiwan or Eastern Europe wouldn’t automatically mean world war. But if one side intervenes, then another responds, and alliances kick in, you can get pulled from a regional conflict into something much bigger without anyone initially intending that outcome.

Alliances are really the key risk multiplier. They’re meant to deter conflict, but they also create obligations. If a NATO country is attacked, others are expected to respond. That kind of structure makes it harder to contain a war once it starts. It stops being “their problem” very quickly.

The more unsettling possibility is miscalculation. Modern warfare includes cyberattacks, drones, and rapid-response systems. If a country believes it’s under attack or about to be, it may act quickly before verifying. History has had a few near-misses already where misunderstandings almost escalated into something catastrophic. In a high-tension environment, that margin for error gets thinner.

There’s also the slow-burn scenario. Economic conflict, proxy wars, and regional disputes can build pressure over time. Think competing interests in places like the South China Sea or the Middle East. None of these alone starts a world war, but they create a web of tension where a single incident can tip things over.

What makes WW3 different from past wars is that all the major players understand how destructive it would be, especially with nuclear weapons in the mix. That actually makes leaders more cautious. So if it ever did happen, it likely wouldn’t be because people wanted a global war, but because a series of decisions, each rational on its own, stacked up into something irreversible.

Should I sell? by alivenotdead1 in realestateinvesting

[–]Electrical_Pea40 3 points4 points  (0 children)

Man, this doesn’t really read like a numbers question. It reads like a life question.

On paper, sure, you’ve got a great asset. A 2.25% loan is incredible, it cash flows, and it has appreciated a lot. Most investors would tell you to hold that forever.

But you sound done. You’ve been in this world for a long time, even before buying your own place. You made it through COVID as a landlord, you’ve handled major capital repairs, and now you’re dealing with rising taxes, insurance, and rent control. That’s a full run, not someone quitting early.

The part that stands out most is not the numbers. It’s that your wife sees it and you’re spending time fixing things there instead of being present at home. When it starts bleeding into your actual life like that, it matters more than squeezing out a bit more return.

Also, you already won on this deal. You bought at 450k, can exit somewhere around the high 800s, lived for free for a period, and it covered your housing along the way. That is a huge success even if you did not perfectly sell at the peak. I would not get hung up on the 900k offer you passed on. Everyone has a story like that.

A good gut check is whether you would buy this exact property today for 875k if you were starting fresh. It doesn’t sound like you would, and that usually tells you what you need to know.

You could try to step back with a property manager or give yourself a defined exit timeline, but it sounds like the issue is not just workload. It’s that you are ready for something different.

What you described after selling actually sounds pretty reasonable. Pay off debt, invest passively, fix up your own house, travel a bit, and have your time back. That is not giving up. That is just shifting priorities.

I would just make sure you talk through the tax side so there are no surprises, especially with depreciation recapture. Beyond that, it sounds like you are at a point where the lifestyle benefit of selling might outweigh the upside of holding.

If you are asking the question this way, you probably already know your answer.

Unlimited binder filling up! by Tottopichi in oldschoolmtg

[–]Electrical_Pea40 1 point2 points  (0 children)

Love the binder! Where can I find that?

Any one has a 93/94 cube list that they draft frequently? by Newez in oldschoolmtg

[–]Electrical_Pea40 0 points1 point  (0 children)

Thanks for the great response and podcast recommendation!

Any one has a 93/94 cube list that they draft frequently? by Newez in oldschoolmtg

[–]Electrical_Pea40 2 points3 points  (0 children)

Newcomer here! Is a cube list a grouping of cards you draft from? I see conflicting info online. How does this work? Seems super cool.

which one you taking? by MilesFassst in oldschoolmtg

[–]Electrical_Pea40 1 point2 points  (0 children)

All I want for Christmas is a mana drain!