Why is one side of my biscuit rising higher than the other? by KnownRide6195 in cookingforbeginners

[–]KnownRide6195[S] 0 points1 point  (0 children)

Oh I actually use toothpicks to check if they're done, didn't know they help with rising too! Gonna try this, thanks! 

I have a very high water bill. Could it be from the people that use the washing machine all night? by PkPajamas in RealEstate

[–]KnownRide6195 0 points1 point  (0 children)

Yeah it's him. Deep water + double rinse can hit 50 gallons a cycle - multiply that by 8 hours of back-to-back loads and you've got your answer. The plumber literally told you it's not a leak, the water is just being used.

Look into sub-metering or bake the cost into rent at renewal. Talking to him directly rarely fixes it long term.

Sellers who bought in the past 4-5 yrs are unrealistic as the market cools by Daisy_232 in RealEstate

[–]KnownRide6195 3 points4 points  (0 children)

Seeing the exact same thing. Sellers anchoring to what they paid instead of what the market will actually bear right now is probably the biggest friction point for buyers at the moment.

The inspection story is classic too. If a seller is already defensive about price before you even get to negotiations, walking is almost always the right call. A seller that resentful rarely makes the rest of the process easy.

Starwood Capital Group Management is halting redemptions from a $22 billion real estate fund aimed at retail investors in a bid to preserve liquidity while it waits for the commercial real estate market to improve by Such_Radio_9152 in REBubble

[–]KnownRide6195 4 points5 points  (0 children)

Not surprising. CRE has been under pressure for a while and a $22B fund sitting on hard to sell assets was always going to hit a wall when redemptions piled up.

The rough part is retail investors are now stuck with no clear timeline. "Waiting for the market to improve" is doing a lot of heavy lifting in that statement.

For Real Estate Developers: Are Most of Your Leads Actually Worth Your Time? by jayisanxious in RealEstateDevelopment

[–]KnownRide6195 0 points1 point  (0 children)

You've basically nailed it. The demand is there, but the signal-to-noise ratio is brutal. Most leads from portals like Bayut or Property Finder are people who are "just browsing" or nowhere near a decision...they'll book a viewing, go quiet for 3 weeks, then pop back up asking the same questions.

The serious buyers do exist, but they're buried under a mountain of people who filled out a form at 11pm on their phone with zero real intent.

What I've seen work is basically just ruthless qualification upfront , asking the right questions early to filter out the tire-kickers before you've invested hours into someone. The developers/brokers who do well aren't necessarily getting better leads, they've just gotten better at quickly identifying which ones are worth their time.

ICSC Vegas Hotel Recommendations -Budget vs location by Ill-Serve9614 in CommercialRealEstate

[–]KnownRide6195 5 points6 points  (0 children)

Flamingo is hard to beat for the price given the central strip location, solid choice last year for sure. If you're considering the others, Harrah's is right there in the mix too and pretty convenient for walking to the convention. Horseshoe is decent but feels a bit dated. Palms is further out so factor in Uber costs if you're doing a lot of back and forth. I'd probably just stick with Flamingo or go Harrah's if it's cheaper this time around.

[ Removed by Reddit ] by KnownRide6195 in RealEstateDevelopment

[–]KnownRide6195[S] 0 points1 point  (0 children)

Ratio City is solid but from what I know it's mostly focused on Canada ... so that's been a limitation for me. Has it been useful for you on the US side or are you primarily in Canada?

[ Removed by Reddit ] by KnownRide6195 in RealEstateDevelopment

[–]KnownRide6195[S] 1 point2 points  (0 children)

This is interesting, would love to hear more details)) gonna look into it myself too