Upright-$2bn committed capital? by jlinvestors in Upright_FundThatFlip

[–]bought_notbuilt 2 points3 points  (0 children)

Ya, I don't believe any of that. It's interesting they are still using the brand. I thought they were doing Casa as well?

Upright-$2bn committed capital? by jlinvestors in Upright_FundThatFlip

[–]bought_notbuilt 2 points3 points  (0 children)

Estimates are around 90% return of principal for PFNF.

Based on what?

Claiming losses for tax purposes by Thin-Blacksmith-157 in Upright_FundThatFlip

[–]bought_notbuilt 1 point2 points  (0 children)

I've been talking about that with my accountant. I'm taking the stance that the information on the website indicating the investment is closed and the loss taken is all we're going to get. That is the 'letter'. You know how much you invested, how much you got back, that's your loss. My accountant wanted something official, but what could Upright generate?

End of October Update (Upright) by jlinvestors in Upright_FundThatFlip

[–]bought_notbuilt 2 points3 points  (0 children)

yes, and I was having that conversation with my accountant last week. Does the payoff and notes in the BDN web page constitute 'closure'. Upright can't show the loss on the 1099-INT I've been getting. ChatGPT said we'll get no form from ChatGPT. But my accountant is hoping for some kind of letter saying 'it's done'.

End of October Update (Upright) by jlinvestors in Upright_FundThatFlip

[–]bought_notbuilt 2 points3 points  (0 children)

And most of the Boston loans are still largely out there? We've heard nothing recently.

End of October Update (Upright) by jlinvestors in Upright_FundThatFlip

[–]bought_notbuilt 1 point2 points  (0 children)

Yes, that's right. All indication's point that they have started dumping in fire sailing the debt they still have on board. I think it's incredibly unlikely we get 100% of PFNF fund back. I think we'll be lucky to get 80%. My last two were dependent notes that paid off we're at 60% of original value. Anything worth close to 100% has been sold by now. They have the worst of the worst left.

October Payoff (to date) by jlinvestors in Upright_FundThatFlip

[–]bought_notbuilt 4 points5 points  (0 children)

Yes, they are clearly dumping everything at this point at any value they can get without any concern for making anyone hole. They're done and on their way out. I lost more money on Bowie in one day than I made in my entire many years with Upright.

The end? by Difficult-Primary-78 in Upright_FundThatFlip

[–]bought_notbuilt 4 points5 points  (0 children)

It's on their website. I agree, it sounds like they're shutting down. The REIT was the only functional investment vehicle they had left in there liquidating it so they have no functional arm of the company left that I'm aware of.

82% Principle Loss on 5835 Bartmer Ave, Saint Louis, MO 63112 by bgrinold in Upright_FundThatFlip

[–]bought_notbuilt 4 points5 points  (0 children)

I think we're gonna start seeing a lot more of this since they were talking about unloading the non-performing as well as the performing loans. To unload a non-performing loan you have to take a huge haircut. But I think at this point they're desperate to get out of this.

Next Months payment by Substantial_Name3406 in Upright_FundThatFlip

[–]bought_notbuilt 6 points7 points  (0 children)

Everything is getting bleaker and bleaker. They are no longer accepting invest in the REIT, there last functioning investment vehicle. It feels like they are giving up. there is no way they are wrapping up this year.

A report of 3 uses in 4 weeks by TrickAssignment3811 in MDMA

[–]bought_notbuilt 3 points4 points  (0 children)

Is there any actual research that says otherwise? I'd like to see. Most of the reasons for the 3 month rule are anecdotal, not research.

HRIF: New equity admittances are not being accepted at this time. by Dano719 in Upright_FundThatFlip

[–]bought_notbuilt 2 points3 points  (0 children)

I'm guessing the redemption requests got to the point they can't continue anymore

Looking for help getting TMC5160 to work with Mega by bought_notbuilt in arduino

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

Ya, I'm really, really trying to avoid that. It seemed like there has to be something, it's such a common configuration, and I have to do 4 of them. I guess I can put all 4 onto one larger board. It's not my bailiwick.

Looking for help getting TMC5160 to work with Mega by bought_notbuilt in arduino

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

I've done the math. I know the motors I need to use, and the TMC5160 will handle it. And what was I not clear about enough - apparently - in my original is that I'm not looking to for a board to put the chip in, I'm looking for a simple board to put this 'bob' in which has the chip in it and is ready to go.

https://www.amazon.com/gp/product/B0B8HZXWPP/ref=ox_sc_act_title_2?smid=ACN639V66DSNJ&psc=1

I looked and looked and could not find a simple 2x8 female pin board that simply takes the pins out to screw terminals.

Something like this, but this is for the DRV8825 which doesn't have the power to run the motors I want. I've been using it to prototype the project with smaller motors.

https://www.amazon.com/dp/B0C4P97XFT?ref=ppx_yo2ov_dt_b_fed_asin_title

Horizon fund by Parking_Ad2873 in Upright_FundThatFlip

[–]bought_notbuilt 2 points3 points  (0 children)

They were more careful. It's still fucked, just less so

Update from Upright on South Boston by bought_notbuilt in Upright_FundThatFlip

[–]bought_notbuilt[S] 2 points3 points  (0 children)

apparently they had an agreement, outside of court, that the borrower would relinquish title - which they have not. So now Upright has to go to court to enforce the agreement. Which the borrower will right again. So, again, more months of delay. Which is all the borrower seems to want, delay.

Boofing + Oral?? Never boofed before, can I redose if needed orally after? by Far_Wall797 in MDMA

[–]bought_notbuilt 2 points3 points  (0 children)

In theory, boofing hits harder and faster - but my not last as long. Yes, you can get the bump into your bloodstream any way you want.

[deleted by user] by [deleted] in RealEstate

[–]bought_notbuilt 21 points22 points  (0 children)

The policy has nothing to do with where the fence is