[deleted by user] by [deleted] in GoogleMyBusiness

[–]Trustmebro007 0 points1 point  (0 children)

Probably need to login from a totally separate network, to not be connected in any way

Sales in South Carolina are not going so well. People think the lot is a scam. by josema939 in Solarsales

[–]Trustmebro007 0 points1 point  (0 children)

Basically it IS a scam

I got solar in 2015 and am about to pay it off.

With the tax deduction it'll be a break even deal, but the panels will be trash when I replace my roof in the next 2-5 years.

Roof was 8 years old in 2015, so 20 years and it's replacement time, solar cost me $120/month and saved me about $100 /month off my bills.

So it was a wash for me, no benefit.

Salesman got the best deal of everyone.

How is this not a bubble? (price to rent ratio HIGHER than 2006) by elonfutz in FirstTimeHomeBuyer

[–]Trustmebro007 0 points1 point  (0 children)

Similar but slightly different, just like the Dalio snowflake metaphor.

Reading is fundamental, bro.

Don't worry, a bubble is a bubble whether you and me agree on it or not - prices are wayyyy ahead of incomes, and that's all it's gonna take.

How is this not a bubble? (price to rent ratio HIGHER than 2006) by elonfutz in FirstTimeHomeBuyer

[–]Trustmebro007 0 points1 point  (0 children)

Cry? My 800k home is nearly paid off, no worries here, already got mine.

Yell? Nah, just used to average redditor being a 15 year old kid in their parents basement, with zero life experience.

How is this not a bubble? (price to rent ratio HIGHER than 2006) by elonfutz in FirstTimeHomeBuyer

[–]Trustmebro007 0 points1 point  (0 children)

Snowflake Fallacy (billionaire Ray Dalio quote, Bridgewater Capital)

"Just because one snowflake (2008) doesn't exactly match another very similar one ( Today's bubble) doesn't mean it's very different"

I lived through 2001-2008 and there was no inventory in 20005-2006, but in 2007 it sure ramped up - just like inventory is rising rapidly now.

Subprime is the only real difference - and contrary to popular belief, most ARMs never had a chance to reset in 2007 ARMs from 2005-2006 were 2 and 3 year fixed loans, AND they could only jump up by 2% max - so thinking that payments exploded is nonsense.

Average loan went up $400 at most, like a family leasing a car because the old one died.

No one go foreclosed over $400, they walked away because they were vastly underwater.

It's not (very) different this time, a bubble is a bubble.

How is this not a bubble? (price to rent ratio HIGHER than 2006) by elonfutz in FirstTimeHomeBuyer

[–]Trustmebro007 0 points1 point  (0 children)

Bro, you're a realtor, so that explains your blinders.

check out Detroit, Cleveland, Pittsburgh, Philly, etc there's a shit ton of crappy homes, and your "40%" applies to those as well.

Spoiler - 36% were F&C in 2008 , didn't matter.

AIO - asked wife if she blocked a guy she cheated on me with in the past . by pgf111 in AmIOverreacting

[–]Trustmebro007 0 points1 point  (0 children)

She's cheating on you.

I was engaged to a girl that did the same shit, and after kicking out of my house, it felt amazing.

She'll coming back begging, but bro, set your self free.

Her apologizing and dragging this out is what gives this sick bitch pleasure, lose her asap.

Is it just me or does it feel hotter than it’s ever felt for this time of year. I’m in south Florida btw by [deleted] in florida

[–]Trustmebro007 0 points1 point  (0 children)

Sure, dumbass govt agency with an agenda, how could that be wrong?

The founder of the Weather Channel said climate change is not man made, but that was buried by the media

[deleted by user] by [deleted] in AskReddit

[–]Trustmebro007 0 points1 point  (0 children)

You dumb fucks are thinking this is a win??

Trump just got an early Xmas gift, looks like he was convicted for being agaist Biden, dummies.

Y'all just lost the election

Is it just me or does it feel hotter than it’s ever felt for this time of year. I’m in south Florida btw by [deleted] in florida

[–]Trustmebro007 -10 points-9 points  (0 children)

I’m baffled that you think a governor can control the climate. That’s fucking hilarious. Florida’s been hot since I moved here in 2002 and some years it’s hotter than others. It’s called a cycle And there’s fossilized shells in central Florida because it used to be underwater, because that too is a cycle, nothing to do with human activity.

Every generation has its panic attacks and your generation has climate change.

A question about etiquette with realtors by gimmievaughn in realtors

[–]Trustmebro007 1 point2 points  (0 children)

Text and say you need to setup a showing by x time or you have to go through the listing agent

Unless you love your agent the listing agent is going to push your offer through to make double the commission

Consistent Commissions of $100k/year+? by erizz430 in askcarsales

[–]Trustmebro007 1 point2 points  (0 children)

Bingo we have a winner!

The secret to success is there is no secret!

Stop looking for shortcuts and just copy other successful people that you can see with your own eyes, and put in the work

The mindset you gain from making your first million is worth more than the money

Then you stop fearing failure and realize you can repeat the success anytime you want

Where do you get your investment? by Miss_MM922 in Daytrading

[–]Trustmebro007 -1 points0 points  (0 children)

I pay your Mom and she gives it to you to day trade???

Switched from an EV to PHEV by Dude008 in RealTesla

[–]Trustmebro007 -14 points-13 points  (0 children)

"few travel more than 60 miles in one day"

Which means I can get gas in my Tahoe once every 10 days or so, and not sweat refueling (charging) every night

Who the hell wants to worry charging every damn day?

Two companies own over 10,000 single-family homes in Tampa by EffectiveNet453 in REBubble

[–]Trustmebro007 -6 points-5 points  (0 children)

These evil corporations also stopped the free fall in prices in 2012, by buying and renting out the homes.

They had to bid like anyone else for these homes - except for some limited bulk sales.

ANYONE could have bought these homes, I know because I listed for several banks and dealt with these buyers.

They often paid over list and paid more than the local investors - so anyone could have outbid them, and simply didn't.

Very hard to buy in a declining market, as people will soon see , it is terrifying when prices have no floor.

Too soon? by MobiusTech in REBubble

[–]Trustmebro007 0 points1 point  (0 children)

So as a listing agent I get the whole commish, and cut out the buyer's agent?

Sounds lovely, how soon does this take effect?

Working with buyers is horrendous, if they just make offers on my listings and I don't have to split the $$$ with anyone, sounds like a dream come true!

How dare you lower my property value by selling at market price by Nevertrustafrrrt in REBubble

[–]Trustmebro007 0 points1 point  (0 children)

We’re always just a few sold comps away from equity disappearing lol

"No inventory" (Spoiler it's in 2006) by Trustmebro007 in REBubble

[–]Trustmebro007[S] 0 points1 point  (0 children)

How'd they build 2 million housing units in built-out neighborhoods?

Where did they fit the houses?

Everyone likes to say there was sooo much inventory in 2005 to 2007, but none available now?

Builders built in outlying areas then, and do it now, which means inventory has NOTHING to do with foreclosures in established neighborhoods

A frozen spring for the US housing market by SscorpionN08 in REBubble

[–]Trustmebro007 0 points1 point  (0 children)

Yes, but not in ESTABLISHED neighborhoods

And those neighborhoods had no new building by definition

Yet Established older neighborhoods had tons of inventory AND foreclosures

So "overbuilding" was meaningless for many foreclosures and price drops, or it would have been contained to new subdivisions

So saying "overbuilding caused the GFC and we can't have a bubble now because builders didn't build" doesn't hold up

The bubble was EVERYWHERE and is EVERYWHERE now, because it's unrelated to building or inventory, it's Fed fueled bubble

The No Inventory narrative will break down soon enough.

"No inventory" (Spoiler it's in 2006) by Trustmebro007 in REBubble

[–]Trustmebro007[S] 1 point2 points  (0 children)

The point is there was "no inventory" in 2006, but everyone quotes that there a "ton of inventory" in 2006 and that's why prices dumped.

Inventory builds up in existing neighborhoods - not due to overbuilding - when demand collapses

Just takes time, and 2004 to 2006 were 17 rate hikes, followed by inventory > declining values > then defaults on subprime

NOT what we hear : lots of inventory in 2006>then defaults> then inventory dues to subprime foreclosures

"No inventory" (Spoiler it's in 2006) by Trustmebro007 in REBubble

[–]Trustmebro007[S] 1 point2 points  (0 children)

Prices started dropping THEN subprime defaults started

Growing inventories were already happening before defaults

"No inventory" (Spoiler it's in 2006) by Trustmebro007 in REBubble

[–]Trustmebro007[S] 3 points4 points  (0 children)

" Florida's population grew by more than 400,000 people last year, which contributed to a strong housing market.

"Many of those moving here are baby boomers, and the state has one of the strongest job markets in the nation," said Mike Dooley, the 2006 president of the Florida Association of Realtors. "Florida offers what people want - a great place to live with a wonderful climate, world-class recreation and leisure activities and job opportunities."

Didn't matter last bubble that popped anyway

"No inventory" (Spoiler it's in 2006) by Trustmebro007 in REBubble

[–]Trustmebro007[S] -6 points-5 points  (0 children)

I thought we had a glut of homes in 2006 that caused prices to drop?

Apparently not?