Cap rates and rate caps are the same thing / DM Fee $20 (I pay you) / 0.65 unit(s) under management (2 of the 3 bedrooms of my dads condo on siesta key) / 5’9.5
Joined May 2026
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How ironic would it be if MHG sues this guy for defamation for this tweet while he is in the middle of defending himself in a defamation lawsuit alleging he said some absolutely heinous shit in other tweets
Rob man, youre still on the dating apps tho? We met this summer but after three weeks of us hanging out, every day you blocked me with 0 explanation.
Thats not nice, especially for someone who seems to have a secret macho atmosphere online away from this.
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“The misogyny accusations were a hit. Now take that and layer on a bunch of misinformed idiots complaining about the timing of a WNBA game, and completely ignore all facts, logic, and reason”
Gf: come over
Me: can’t, I’m exhausted
Gf: My DSA friends from college are here telling me about this amazing thing called “rent control”
Me:
My parents: **head out to a busy Costco on a Saturday afternoon**
12 year old me staying home alone:
The boomer entitlement and rent stabilization outrages are fading
Now put a bunch of obstinate British on his timeline defending a moronic cop with terrible trigger discipline and accusing everyone of Islamophobia and misogyny
What’s this? Oh it’s automatic emergency braking, a device that physically stops your car to prevent a crash!
Used on new cars around the world.
Weird how only I am the one getting abuse for driving with my eyes closed … why would that be? 🤔
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Cap Rate Ken retweeted
Every one of this guys posts involves his “super successful friends” that never invite him places but tell him about it afterwards like some sort of humiliation ritual.
#NukeWestsideLAGuy
We’re recreating AAA roadside assistance from first principles
Why have I bought into the Muskonomy? This is why. At 9pm on a Friday night I got in my wife’s car to pick up her Target order. I made it one house down before the car started throwing flat tire warnings. I pulled over and sure enough. It was flat. I very slowly drove it right back into our driveway, hopped out, and filed a claim through the Tesla app with my Tesla insurance. Within minutes a tow truck was dispatched to pick the car up and take it to the nearest Tesla service center. Since they’re open Saturday’s, the car will be ready for pickup tomorrow with a repaired or new tire. On any other car this would be a nightmare. Trying to find a tire shop over Saturday and Sunday, make sure my tire is in stock, pay a towing company to come get it… it would consume the weekend. Not with my @tesla though. A few taps of the screen and all I have to do it pick it up at the end. Wow.
“But NOI is still +” misleadingly implies cash flow positive. The reality is these #’s calculate “NOI” differently than how almost everyone else would. The #’s exclude things like real estate taxes, bad debts/vacancy, appliances.
Add those back, plus capex I’d bet the vast majority of those “NOI +” buildings show a loss, even before interest expense
I dug into whether those gross rent-stabilized buildings you see really have financial problems.
Buildings with abundant code violations have lower rents and lower net operating incomes. They're more likely to be distressed! But NOI is still +
TRD link:
therealdeal.com/new-york/202…
The less frequently two guys talk and the more they insult each other, the better friends they are. It’s just a fact. We talk twice a year, exclusively to call each other gay. He’s my best friend
A socialist halfway to Bluesky when they spot a Twitter debate on NYC rent stabilization they haven’t yet blessed with their confidently incorrect, economically illiterate take
NYC DOB: “Total cost for the permits for alterations, plumbing, sprinkler/standpipe, electrical, crane and derrick, and sidewalk shed comes to $118,793.45. How will you be paying - ACH or certified check?”
Leftist who doesn’t understand economics: “Do you take sweat equity?”
he’s playing 4D chess, brilliant move
Normalize being arrested for felony theft in the millions and still having the los cojones to be flaunting wealth and high ticket items!! $azrh
