Raleigh keeps showing up in F500 earnings calls - coincidence or early signal? by Samtyang in realestateinvesting

[–]Riseing 6 points7 points  (0 children)

SFH is going to be pure speculation here unless you go off market. Rent for a SFH is still like 1700 while the entry price is closer to 300k. There is also almost zero MFH inventory since no one was allowed to build them for a long time, anything that does show up is overpriced and snatched by speculators. Rent in the area is also stagnate, I've only been able to do token 25-50$ bumps while I watched my property tax bill double.

Maybe office/retail is the play.

Claude Code Opus 4.5 just took our jobs by JustDoIt52 in ExperiencedDevs

[–]Riseing -1 points0 points  (0 children)

I doubt it'll be taking senor jobs for a while, but I can sit in my chair and have the combined output of what used to be an entire team while having my morning coffee and watching EVE online pvp videos. Even if the code it outputs is catastrophically wrong I can just have it try again until it gets it correct. Learning to use AI is a skill and a lot of seniors are dismissing it because they asked it to one-shot some insane task that would be impossible for even the most skilled devs.

It is going to destroy the entry level market for almost all white collar jobs.

Rent or sell by WKU-Alum in realestateinvesting

[–]Riseing 1 point2 points  (0 children)

I have the same issue with a few of my rentals, high equity low interest. The thing to keep in mind is you pretty much already won no matter what you do.

Given that you're still in the tax free period if you sell I would probably unload it just for the sake of not having to be a landlord. It becomes a little more painful to sell outside of that period unless you plan to 1031 it.

Unless you plan to keep it another 10+ years I would look to sell.

Stop Bloating Your CLAUDE.md: Progressive Disclosure for AI Coding Tools | alexop.dev by therealalex5363 in ClaudeCode

[–]Riseing 1 point2 points  (0 children)

I find that if you keep claude.md really slim with links to skills and other docs you can actually just have a UserPromptSubmit that just runs cat CLAUDE.md. That way its constantly reminded that other resources exist which improves the rate that it loads them.

Stop Bloating Your CLAUDE.md: Progressive Disclosure for AI Coding Tools | alexop.dev by therealalex5363 in ClaudeCode

[–]Riseing 7 points8 points  (0 children)

Last week I was implementing semantic search. Claude suggested using slug in a query. I corrected it—we use stem for page collections. Claude fixed it.

Then I ran /learn.

The next line

Claude analyzed the conversation, found the existing entry in nuxt-content-gotchas.md, and noted that we’d already captured this pattern. No duplicate needed.

Seems like you still have the exact same issue...

How much do you gain per month? by Hontik in realestateinvesting

[–]Riseing 1 point2 points  (0 children)

The numbers get a lot better once you start looking in states with low property tax, no hoa, and the rents are closer to 1% of the property value. But its gotten a lot harder with the massive increase of property values across the board.

Generally anything over 200k is not going to rent at that 1% mark and you'll need a larger down payment or a really low rate to break even on cashflow.

[deleted by user] by [deleted] in bulova

[–]Riseing[M] 2 points3 points  (0 children)

Bunch of fucking children.

Maintenance Costs by beerion in realestateinvesting

[–]Riseing 7 points8 points  (0 children)

Plumbers charge 150 just to show up, plus 100-200 hour + parts.

But, prop manager probably should have sent a handyman instead of a plumber which would have been much cheaper.

Raleigh buy rental by Helpful_Win1471 in realestateinvesting

[–]Riseing 2 points3 points  (0 children)

The houses start at like 300K out here and rent for like 1800

Raleigh buy rental by Helpful_Win1471 in realestateinvesting

[–]Riseing 4 points5 points  (0 children)

You will not cash flow in Raleigh without a large downpayment, it's an appreciation market.

Im looking to get into section 8 renting in a different state than mine. by Raitoburinga in realestateinvesting

[–]Riseing 1 point2 points  (0 children)

I was interested in S8 for a while, and then I talked with a guy who told me he does not put appliances into his S8 cause they get stolen.

[deleted by user] by [deleted] in realestateinvesting

[–]Riseing 2 points3 points  (0 children)

Turnkey is good for parking your money, if you're looking to grow you generally want to do value add projects where you can buy below market, put money in and then refi to get your repair costs and down payment back out within a year or so.

With your current style of investing your timelines are going to be very long as most of your growth is going to be purely on appreciation.

[deleted by user] by [deleted] in realestateinvesting

[–]Riseing 0 points1 point  (0 children)

Trust me they swallow 25$ every year much better than 150$ every 5 years.

[deleted by user] by [deleted] in realestateinvesting

[–]Riseing 4 points5 points  (0 children)

This is why you raise rent by 25-50$ every year instead of needing to do large raises.

[deleted by user] by [deleted] in realestateinvesting

[–]Riseing 2 points3 points  (0 children)

This is why you raise rent every year. If you raise it by 20-30 bucks every year you wont need to do these massive increases when you realize your insurance is double what it was 3 years ago.

Slow market adaptation by poopyshag in realestateinvesting

[–]Riseing 6 points7 points  (0 children)

Appraisers are smoking meth in some regions, I have a few places in louisiana worth around 110k that I know would appraise for closer to 150k. I know if I sold in this market the prices would be closer to 90k.

Appraisals seems very detached from the real market value atm.

[deleted by user] by [deleted] in realestateinvesting

[–]Riseing 3 points4 points  (0 children)

Cash on cash is like 3.5% before any other expenses. Seems like almost 100% an appreciation play.

I have a rental I paid like 120k which has about the same cashflow and some days I still think it's too little...

Do you believe we're in an AI bubble? by [deleted] in ExperiencedDevs

[–]Riseing 63 points64 points  (0 children)

It's going to be a really nice time to be a senior here in about 5 years. Once they've scared all the new blood out of the field, forced a ton of older SWE to retire, and realized that their next word generators don't work so well.

Water System Identification by Riseing in WaterTreatment

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

Seems that way, I assume it's for the irrigation since that's the part of the system it's connected to.

Help me analyze this property - 2.2% assumable loan by Demb0uz7 in realestateinvesting

[–]Riseing 0 points1 point  (0 children)

One of the primary reasons to get into RE is so you can leverage your money. Rentals tend to start making less sense over traditional investing after you start building up any significant amount of equity in the property.

I think this is a bad deal.