instaheat

I have to disagree with you. It's not overblown. If we were able to "top up" our electric vehicles in the same amount of time it takes our ICE vehicles, we've got a whole new ballgame in terms of adoption.

You have to take human nature into account.

"I'll just get gas in the morning"

Requiring careful planning and dedicated charging at home isn't going to lead to an electric car revolution.

Quit my sales job cold turkey. I'm in the enviable position of a having a large bank account and and setting my sights on reading more and creating a business. There are challenges ahead that is to be sure but the significant weight on my shoulders has been lifted.

I got so tired of the micromanagement and constant pressure from Management to meet production standards, that I couldn't take it anymore.

So, my contracted rate is.04 cents per kwh until 2022. That means none of this can affect me, right?

This is a joke, right? There is no law that gives them any sort of power. This is like a PTA meeting.

I think this is a game changer. Well done!

Do you think it would be helpful if there were a platform for anyone involved in this industry to communicate with one another? With the ability to register as a mining organization, recycler, auto manufacturer, consumer, etc?

Hey Ross,

Amazing idea. My friend is an Investigative Journalist and as such - asks GREAT questions. I'm sure he'd love to be part of your roster. I think that's how you scale this by creating a deep roster of absolutely phenomal interviewers.

How will this affect my Cloudflare stock?

Thanks.

That's exactly the use case for me. I own a business and don't want to give out my personal number for anything related to the business side. Helps me stay organized. I know when a call is coming through I know the nature of the call before I pick up.

Got called a sheep for posting this article to Facebook. :(

My friend is an Investigative Journalist, I'll share the link with him! Great idea.

The title pulled me in and I enjoyed the read without feeling misled. Mission accomplished.

Just a thought, but several of my motorbike-owning friends tell me the noise generated from the bike reminds those in larger vehicles of their presence.

And this is how I will find the name of my next startup :)

I switched to Bitwarden after certain grievances with LastPass which I don't even recall what they were now.

Does anyone here believe there is now a market for securing the masses against the obvious gaping security issues associated with these devices?

"Smarter Home Networks" and creating a business around bolstering security on the slew of IoT devices available today.

Would Checkr be a possible solution to "Vet" people that join.

I just joined on a whim, and the verification process is a joke. I'm already "verified" with the fancy check logo next to my name, INSTANTLY.

Greed and the basic human desire for making income will make this very difficult. Wholesalers as they exist in the market already make it difficult as it is. There are so many bad ones.

Even if there were a service that was "for the people" and bought homes for cash, the property would still have to be fixed up. If the buyer was OK with a fixer up property AS IS it is hard for the Investor to sit on that financing, they can't wait for 30 years to get paid. They'd have to sell the note - and who is going to buy it? Certainly not Fannie/Freddie depending on how "bad" the place is according to their standards. It's just not economically viable to have all that money in play even if the interest rate is higher.

The "problem" as a whole is beautification. Capitalism. If not for the nice parks, nice schools, restaurants, job growth, etc, etc.... you don't see a lot of Investor activity in areas that are stifled. Atleast not in the form we see today.

My grandmother and mom owned properties in extremely poor areas, I remember visiting properties with each of them as a child. Rent would be something like $300-$400 per month and they could charge this because they owned the property for decades, the loan(s) were paid off.

I --could-- take a similar line with the home I am living in now, my primary residence, and rent it out below market..but why should I? I'm most certainly not a millionaire yet, and missing out on $300 per month that I could/should be saving should a repair come up is not ideal.

I assure you tax treatment/subsidies are not what make my business possible. The retail prices (comps) for the neighborhood the product exists in, drives profits. Yes a house is just a product (other than my own home)

You have to live in a house for two years before you can avoid capital gains tax. Otherwise, as an Investor, I am paying capital gains unless I do a 1031 exchange (meaning I am just delaying the inevitable)

All of it is extremely interesting to me as a RE Investor. You hit the nail on the head. We are putting a product out there that would have never existed in the first place.

Here is where the article misses: No matter what, your numbers have to be right. I'm a firm believer in the invisible hand. If, as an Investor, you set your market rent too high - you may never find tenants. That's just one example.

Investors aren't the problem. Wholesalers (part of the group of Aggressive marketers) play a role in driving up prices taking aggressive finders fees (called Assignment Fees) for finding the properties for investors. Thing is, if they price their assignment fee too high, they may never find an Investor (flipper) to assign their contract to. Once again, market dictates it. If there is no meat left on the bone for the flipper to create their end product (based on current Retail comps) then they'll get stuck with the contract and a large majority can't close the deal on their own. Just join a wholesaler group on Facebook and you'll see the amount of inexperienced people trying to make a buck.

fix-and-flip loans have extremely short terms meaning of course they have to be refinanced/paid off typically within a year. This represents relatively low risk but also yielding minimal returns.

It's an interesting securitization to be sure, but I don't know about this doom and gloom crisis scenario you are speaking about.

Long term buy and hold type loans meant for investors are typically based the on debt service coverage ratio meaning the tenant's rents need to cover the mortgage payment by a certain %. These are hovering around ~%8 which usually makes for a pretty thin margin on a cash flow basis. As with any investment, if you are banking on appreciation and that is all you've got, I'd worry. Perhaps not so much so in the booming area this article references - UNLESS funding dries up for all the hot commodities coming in.

I may be biased (I'm a Real Estate Investor) but Investors aren't the vultures that some people make them out to be. We are putting beautiful homes back out on the market. Sure, this is pricing out people who would have been keen on making improvements over time instead of realizing payments on this all at once - but the end result is if people are willing to pay, there will continue to be a market.

So what should we use? Stripe?

Smart. Very smart. You'll go far.

Hey Peter,

I'm quite fond of buying domains myself. I just came here to tell you I'm so happy to have found someone with a hobby like mine, though it is more accurate to call yours a business. My wife hates it, but many of the ideas I have had, have started with a domain name and that being my lift off point.

I tend to buy 1 year registrations for $8 like they're lotto tickets or something.

Thanks Nick!

Help me understand what I am missing here. The majority of my friends use Spotify, which already has a "share" feature to drop a song I want them to check out to the FB Messenger app for example.

You're making it completely about monetary value. I'm talking about people taking time away from their own families, going to extreme lengths just to help another human being. That's crazy to me.

Sound analysis from one sentence.