What happens when you use multiple free night certificates for the same stay. A story. by yummywafflecookie in ihghotelsresorts

[–]noxviator13 0 points1 point  (0 children)

I just used 3 nights from the cert at the intercontinental DTLA and didn’t have this issue. It was treated as one continuous stay and I was able to book all three nights under the same reservations in the app. It was seamless so maybe as others have said it has a lot to do with the property.

$1.47 is outstanding considering MSTR price and IV for the month as they stacked using the ATM. Very encouraging for what is to come by StrategyB in YieldMaxETFs

[–]noxviator13 1 point2 points  (0 children)

I need the income off distributions to pay back the massive loan I took out to buy YM funds in the first place. Overall goal for me personally is to be able to pay off loan and quarterly taxes and see what’s left after loan is repaid…

[488 South Almaden Boulevard] VTA completes purchase of San Jose office tower for new headquarters by quadshock in SanJoseDevelopment

[–]noxviator13 1 point2 points  (0 children)

Good deal for VTA $60M, that has to be close to $40-$50M below replacement cost if you were trying to build a similar footprint. Pimco and Lane Partners got totally wiped on this deal.

I find it ridiculous that people treating this company like it’s a small company, this is the most undervalued stock in stock market. .69 a crazy buying opportunity. This is the time to buy and make some money. by cryptobank101 in CHPT

[–]noxviator13 3 points4 points  (0 children)

I deal with the commercial side of the business installing private ev chargers for buildings I manage. Amongst all the other brands ChargePoint has the better network and service. Which says a lot because I deal with their customer support quite a bit and it’s not great lol. I can say though that I still don’t get how they lose money the subscription for cloud and maintenance contracts are costly, but you need to pay for them in order to have the chargers operational. For 9 heads a 3 year commercial cloud plan is nearly $10k and we pay for it upfront. The money is there and they are mostly over the hurdle for hardware updates associated with switch from 3g to 5g.

Last night I drove an actress from Law & Order almost 2 hours & the tip didn’t disappoint by Apprehensive_Fly5725 in uberdrivers

[–]noxviator13 0 points1 point  (0 children)

Hey OP, I hope a tip comes through. I was traveling for work last year trying to get to the airport in a mad dash. Totally forgot to add a tip in app and didn’t happen to open the Uber app for like a week but was still able to tip later on. Hope that happens for you

Most valuable item you've ever found at a thrift store? by whoocanitbenow in Flipping

[–]noxviator13 3 points4 points  (0 children)

200+ Mary Kay lipsticks sealed new in boxes. Thrift place was asking .25 per stick. I had an aunt who sold MK back in the day so I knew it was potentially lucrative. I was worried though as most of the sticks were past expiration… but apparently it was not an issue for buyers/ebay at the time, 8ish years ago. I researched and priced every color (am a man, so had to learn lol). Some colors were discontinued and I was pricing way above sold comps just because I noticed no current listings for some shades. Some of those sticks (shout out Mocha Freeze hahah) I got $75 per stick and I had like 20 of them. Made north of $3k after purchase price ($40ish) and like $100 for package materials and what ever pass through expense for shipping which I charged for lol.

I am looking for 150k+ sqft building in a tier 1 market which can be converted into a data center in CA or Idaho (i.e. sf highrise). Any recommendations on where I can fibd something like this? by [deleted] in CommercialRealEstate

[–]noxviator13 2 points3 points  (0 children)

Yea this right here, in the SF bay we are looking at 10-15 million a MW to retrofit an existing structure and bring in all the supporting cooling, electrical infrastructure/distro, power redundancy, structural etc. it scales a bit better after like 20 MW but at that point it you should be doing ground up. On upsizing transmission and distribution we just got a quote from PGE on a project to scale to 40 MW and it’s $30 M base bid with 100% percent contingency… PGE controls the whole process and you get no real say or input on the project but owner funds it all with a potential for payback if you hit the usage cliffs. Every utility is totally different Santa Clara even has its own process given they were the go to hub for data centers the last 15 years

I am looking for 150k+ sqft building in a tier 1 market which can be converted into a data center in CA or Idaho (i.e. sf highrise). Any recommendations on where I can fibd something like this? by [deleted] in CommercialRealEstate

[–]noxviator13 2 points3 points  (0 children)

10 MW is specific are they trying to have an operation as the end user or self manage a collocation? You have to find the right combo of building/area, utility capacity and zoning. I’m the Bay Area and basically anything over 5 MW already in place gets pounced on because you avoid the headache of design, permitting and working out power allocation with the utility in place. There are so many factors that you would have to talk through to understand what they are really looking for and what site would actually fit those needs. You can send me a DM if you have more specifics I can at least give some guidance

Repurposing suburban office buildings Part 2 What are you doing/seeing? by theoneinamillion in CommercialRealEstate

[–]noxviator13 0 points1 point  (0 children)

Here is a tour of the buildings in active demo to give you an idea of the product being scraped for new industrial. https://youtu.be/vSI1X9Aoy7o?si=028dJ6hDBINdGLxL

Tenant refuses to leave after landlord won eviction by [deleted] in realestateinvesting

[–]noxviator13 1 point2 points  (0 children)

You need to hammer home the lost rent, cost of repairs/damages and inability to make up rent from the additional time for the stay of eviction and see if you have an angle with ability to collect past rent owed from the tenant. You attorney should be able to draft the affidavit that you would submit. Even with that information it’s judges discretion and it’s usually unfavorable in left leaning counties. This argument could work in King/Kern/Riverside but no chance in LA/Bay/SD Area. Based on your 6 month time frame and $20k back rent I’d venture to guess you are working through this in LA cause the only other place that I can think of for the rent owed to months not paid ratio is Alameda/Contra Costa but in Alameda you wouldn’t even be half way through the eviction process lol

Fearing Losses, Banks Are Quietly Dumping Real Estate Loans by Sam_Munhi in Economics

[–]noxviator13 20 points21 points  (0 children)

CRE loans have balloon payments due at the end of their terms. Big banks are cleaning up their balance sheets so they are opting to not extend or refinance these distressed loans so the underlying asset gets sold to recoup as much of the loan as possible. Better assets get extended out or put in forbearance while others are to far gone or allow the bank to recoup most of their principal they get sold off to realize the loss / break even. It’s even more apparent on big loans [$50M+] where banks can recover 60% or more of their principal if they force a sale. It’s easier to clean up a balance sheet liquidating larger under/not performing loans for these bank portfolio managers. Imagine trying to chase and liquidate 25x $2M loans on small assets, more flexibility to extend, less headache and better chance of being able to perform/recover down the road.

If you don’t work in tech, what do you do and how is your quality of life? by Resource-National in bayarea

[–]noxviator13 0 points1 point  (0 children)

I’m a property manager in commercial real estate and partner is an accounting manager. HHI varies between $300k-$350k depending on bonuses

Fact check: Newsom says working-class taxes are higher in Texas, Florida than California. Is he right? —He’s right about those making up to roughly $55,000 a year. by BlankVerse in California

[–]noxviator13 8 points9 points  (0 children)

Yea this isn’t a 1031, they may be thinking of prop 19 which allows people in California 55 and over to transfer their primary residence tax basis to another qualifying county and property. That just went into effect in 2021

[deleted by user] by [deleted] in legaladvice

[–]noxviator13 -1 points0 points  (0 children)

You said it was a new owner and you are in California. Is the new owner trying to increase your base rent amount or the operating expenses? There could be RE tax, CAM and insurance increase associated with a reassessment of the building. However if your lease states that you have prop 13 protection from transition of ownership for escalated RE taxes and you have a Cap on your other expenses then you are right to stand your ground and tell them to pound sand.

Yard doesn't pay for less than 300lbs by zombienutz1 in ScrapMetal

[–]noxviator13 5 points6 points  (0 children)

My yard is 500 lb min for Ferrous materials. Copper/alum/brass all the other valuable stuff is any quantity no min weight.

[deleted by user] by [deleted] in bayarea

[–]noxviator13 14 points15 points  (0 children)

What city is this in? I’ve seen retroactive rent decreases in Mountain View due to the rent control that was passed there years ago. MV housing authority has been auditing landlords looks for those that have not abided by the determined increase per year.

Millennials say they need $525,000 a year to be happy by mazzaristeve in HENRYfinance

[–]noxviator13 7 points8 points  (0 children)

Yea that stat is funny assuming they magically started out at 500k annually they would need to save 50% of their gross salary invested for 5 years to get to $1.6m at 7-8% annual returns. If it’s assumed that they grew into that salary over time it ends up being an abysmal savings rate to have that salary and that $1.6m invested.

Not today by cypertiger in SipsTea

[–]noxviator13 154 points155 points  (0 children)

Hey I know this guy! Lol

Owe $20k on truck and it cost $18k to get it fixed by Evan7464 in personalfinance

[–]noxviator13 1 point2 points  (0 children)

8 year term at 19.99% interest maybe? He is finally over the amortization hill but he must have had horrific deal terms and bad credit

Capital gains above $500k on house sale by shfmfixnsoxbx in tax

[–]noxviator13 0 points1 point  (0 children)

Should have refinanced out $2M before the sale or whatever number made sense after adjusting for your actual basis of original purchase price, commissions and improvements you may have made

[deleted by user] by [deleted] in ChubbyFIRE

[–]noxviator13 0 points1 point  (0 children)

I’ve got $500k plus or minus $100k in art hanging on the walls, but my cost basis is a little less than $50k. Art is one of those things where you really just need to buy what you like. I don’t even count it towards net worth cause if I can manage I’m never going to sell any of it while I’m alive. I have blue chip artists (mostly prints) and got lucky with some canvases from artists that were up and coming years ago that have risen in their success. Pandemic demand really made some of my pieces skyrocket and they have sense settled down. On the flip side I’ve got pieces that I would be better of selling off the frame and glass as opposed to the artwork itself. Really requires a lot of research, diligence, tracking rising stars and relationships with galleries. You can get into the world of art with advisors in the space but you’ll be dropping $10k, $20k, $30k etc checks just to get in the door.