The Wolf Of Real Estate @TheWolfofREI

Institutional real estate private equity Real Estate Joined September 2016

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The Wolf Of Real Estate @TheWolfofREI

7 hours ago

Between September, when Gavin Newsom signed the $20 fast food minimum wage law, and January, fast food restaurants cut about 9,500 jobs. Since April 1st when the law took effect, many fast food stores have put on hiring freezes, invested in automation, and raised its menu…

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The Wolf Of Real Estate @TheWolfofREI

a day ago

Palmer Luckey is an incredible entrepreneur. He founded Oculus when he was 16 and sold it for $2.3 billion when he was only 21 years old. Now he's building Anduril Industries, which builds autonomous drones and sensors for military use. It's currently valued at around $10…

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The Wolf Of Real Estate @TheWolfofREI

a day ago

If Tides does end up getting the $69 million in preferred equity, original investors will lose on average 88% of their investment across the 30 deals they need to shore up. Terrible.

The Wolf Of Real Estate @TheWolfofREI

3 months ago

If Tides does end up getting the $69 million in preferred equity, original investors will lose on average 88% of their investment across the 30 deals they need to shore up. Terrible.

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The Wolf Of Real Estate @TheWolfofREI

2 days ago

It’s actually crazy how they said inflation was transitory. We’ve been dealing with this issue for like 3 years now.

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The Wolf Of Real Estate @TheWolfofREI

3 days ago

We’ve just done a complete 180 since the end of last year on treasuries. Crazy.

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The Wolf Of Real Estate @TheWolfofREI

3 days ago

Lowering down payments doesn't actually solve the housing affordability issue, it worsens it. Think about it. If the only way you could buy a property is in cash, it removes a large swath of buyers. When demand is lower than the supply of homes, prices go down. Now it is…

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The Wolf Of Real Estate @TheWolfofREI

3 days ago

One issue I have with the capital gains tax is it doesn’t factor in inflation. It’s a strict % tax on whatever nominal gain you make but with inflation you actually realize much less. It’s especially a factor now over the last few years where inflation has been rampant.

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The Wolf Of Real Estate @TheWolfofREI

3 days ago

Interest rates can come down but that doesn’t solve the housing supply problem. People who bought for their 500k whose home is now worth $1 million are probably not going to sell. The 400k mortgage they had which is being paid down, is much more valuable than picking up an 800k…

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The Wolf Of Real Estate @TheWolfofREI

a week ago

Housing inventory isn’t low just because so many people have 3% interest rates while the current mortgage rate is higher than 7%. It’s that, but also the fact that home prices have ballooned in the last 3 years. In a high growth state like Florida it isn’t that uncommon for a…

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The Wolf Of Real Estate @TheWolfofREI

4 days ago

I’m kind of surprised at the comments here. It’s pretty standard that in finance/real estate finance roles you would have some kind of financial modeling test. You take an ACT/SAT test to get into college. Why can’t you do that for employment? It also confirms the applicants…

m. stanfield @mu2myoc

5 days ago

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The Wolf Of Real Estate @TheWolfofREI

2 weeks ago

I finally found some good transaction volume data. This shows the number of actual transactions. Not transaction volume as a $ figure that can be skewed because of inflation. 2023 was the lowest transactional year since 2012. 2021 was the clear peak but we haven’t fallen off…

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The Wolf Of Real Estate @TheWolfofREI

6 days ago

You shouldn’t take price per foot and price per door at face value. Both price per foot and price per door can vary vastly depending on the unit mix in multifamily. A multifamily complex with predominately one bedrooms is going to have a higher price foot than one with…

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The Wolf Of Real Estate @TheWolfofREI

a week ago

…and Tesla just cut their prices yet again on their Model X, Model Y, and Model S by $2000. Remarkable how these vehicles continue to get cheaper while everything else gets more expensive.

The Wolf Of Real Estate @TheWolfofREI

7 months ago

…and Tesla just cut their prices yet again on their Model X, Model Y, and Model S by $2000. Remarkable how these vehicles continue to get cheaper while everything else gets more expensive.