Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
Followed Discussions Followed Categories Followed People Followed Locations
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Carlton Ellis

Carlton Ellis has started 3 posts and replied 92 times.

Post: Anyone see a problem with this besides me?

Carlton EllisPosted
  • Real Estate Consultant
  • Lansing, MI
  • Posts 117
  • Votes 32

It's amazing nobody's mentioned an effective male contraceptive similar to the pill. Of course there are too many people with "Holier than thou" solutions to make such a suggestion. The real issue here is that in many cases these children are a result of relationship where the man's primary interest was just sex, not a long term relationship. Given the choice a lot of men would opt for a greater ability to control their ability to get a woman pregnant without the encumberances of a condom. If we can get an effective male contraceptive it would go a long way toward solving the phenomena of unplanned pregnancies.

On another note so many people are against the expansion fo government but on the other hand they have no problem proposing government sanctions for people's sexual behavior. What's up with that? Or is just O.K. to use government to advance certain moral adgenda's?

Post: Obama likes offshore oil drilling--just not in our country for Americans' benefit

Carlton EllisPosted
  • Real Estate Consultant
  • Lansing, MI
  • Posts 117
  • Votes 32
Originally posted by J Scott:
The answer is big corporations with strong lobbying organizations that essentially control our government and the decisions it makes...

That is a root of a lot of our national problems. We have become "By the corporation for the corporation" instead of "By the people for the people." In many ways we are a democracy in name only. Too many politicians are brought and paid for by business interest and no longer put the public good at the center of government policy.

Post: Obama likes offshore oil drilling--just not in our country for Americans' benefit

Carlton EllisPosted
  • Real Estate Consultant
  • Lansing, MI
  • Posts 117
  • Votes 32
Originally posted by Rich Weese:
C
Carlton, for your info, there is more oil from seepage on the bottom of the oceans than ever have been caused from oil wells leaking or exxon valdez type problems. Rich


That's extremely poor justification for the continuation of offshore drilling. Not only does it pose environmental and economic risks, it's just not a long term solution to our energy needs.

Post: Obama likes offshore oil drilling--just not in our country for Americans' benefit

Carlton EllisPosted
  • Real Estate Consultant
  • Lansing, MI
  • Posts 117
  • Votes 32
Originally posted by Mike M:
Drill, baby, drill! Off of California, Oregon and Washington. Off of the Texas/Louisiana Coast.

I am so tired of politicians playing up to the environmentalists. Revolution in 2010, at the ballot box!!


Still tired of politicians playing up to the environmentalist with 5,000 barrels of oil polluting the Gulf of Mexico every day?

Would you care to do go down to Gulf Coast to help with the cleanup? Take some of your "Drill Baby Drill" buddies with you while you are at it.

Post: Obama likes offshore oil drilling--just not in our country for Americans' benefit

Carlton EllisPosted
  • Real Estate Consultant
  • Lansing, MI
  • Posts 117
  • Votes 32
Originally posted by Mike M:

Oh well, I need to go check how my Halliburton stocks are doing.


How's that working for you today? :mrgreen:

Post: "Why invest in real estate when stocks are better?"

Carlton EllisPosted
  • Real Estate Consultant
  • Lansing, MI
  • Posts 117
  • Votes 32
Originally posted by Charles Perkins:
I have spoken with many financial advisers over the years and very few would recommend real estate. In many cases, I'm sure it has to do with the fact the company doesn't sell real estate investments. Very few financial advisers will advocate a self directed IRA.

I personally like real estate investing because of the tax advantages and the ability to better control my investment.

When trading securities there is to much going on behind the seasons that individuals have no control over. There are after hours trades. There are many insider deals that can and do get done. There are some that can easily manipulate the market by encouraging many to buy thus raising stock prices so that they can then sell at a higher price.

With real estate, you are able to control your investment. You can take on several different buying and selling strategies. You have some control of your costs. The transaction may be less liquid, but for me I can sleep much better at night.

Don't you think that housing prices were "manipulated" by the fact that in many cases financial insititutions lowered their lending standards, had ready access to capital by securitizing mortgages and selling them as CDO's and were willing to finance first as well as second mortgages based on the belief that housing prices would continue to rise?

If the properties around your investment are not well maintained or something happens in that area of your property that can significantly affects property prices how much control you really have over that?

Unless your real estate purchases are 100% financed by you then you are taking on debt to make a purchase. As many people have experienced in this current housing crises the asset they purchased in no longer worth the value of their mortgage. That is a risk that is inherent in any real estate purchased financed by debt.

Granted you may be more comfortable with the type of risk you are taking but in the end that is really the only signficant difference.

Post: Are investors keeping prices down?

Carlton EllisPosted
  • Real Estate Consultant
  • Lansing, MI
  • Posts 117
  • Votes 32
Originally posted by djjk1:
Originally posted by jawsette:
What you really have is the homeowners emotional price being brought down by the market forces from the bubble high to the current market prices.


Very well put. I think this is currently happening in Sydney, Australia at the moment, where property has not experienced the crash like the US, and people are still paying $700-$800k for an average 2 bedroom house in the inner city. While the supply is limited and the employment situation is strong you have to wonder how much it can keep rising here. Seems to be fueled by emotion.

I was actually watching the PBS show Nova the other night and they explored the issue of emotion and the role it plays in determining market prices and how this manifested itself in the current financial crises. If people get too confident and they think prices are going to continue to rise they will keep buying at higher prices. Eventually it will reach point where that is no longer true and a sharp decline in prices will occur. So the issue isn't if prices in Sydney will decline it's when.

If you position yourself properly now you will have a great investment opportunity sometime in the future.

Post: How will the iPad Change the Real Estate Business?

Carlton EllisPosted
  • Real Estate Consultant
  • Lansing, MI
  • Posts 117
  • Votes 32
Originally posted by Vincent Martinez:
The 3G version will be the game changer, not the current wi-fi only version out right now. I wonder how much the monthly plan will be for the 3G version...I don't think I can afford $200/mo for an iPhone and iPad.

You bring up a good point. I have a mobile broadband card for my laptop and it's an additional expense but worth it to me when I am out and about and don't have access to a WiFi or network connection. How many people are going to willing to pay the extra money for connectivity?

Post: How will the iPad Change the Real Estate Business?

Carlton EllisPosted
  • Real Estate Consultant
  • Lansing, MI
  • Posts 117
  • Votes 32
Originally posted by Vincent Martinez:


That's exactly my point. The iPad doesn't replace anything because there's no other device out there that competes with it. Hence, it is a game changer.

It's way too big to stuff in your pocket, so I don't think it'll replace the iPod Touch (and that looks silly enough when worn on your arm while jogging). Can't wait to see the first person at the gym with an iPad on his arm!

Actually there are several tablet products on the market. In fact, Wired magazine did a recent review of these producs on their web site. Again I have to give Apple their props in terms of marketing. You are a perfect example. You believe there are no other products like the iPad simply because they haven't been as widely publicized.

Post: How will the iPad Change the Real Estate Business?

Carlton EllisPosted
  • Real Estate Consultant
  • Lansing, MI
  • Posts 117
  • Votes 32
Originally posted by Mark Claire:

Apple rocks, watch their stock price soar forever!!!


Haven't you been watching the stock market the past couple of years? NOBODY'S stock price goes up forever. Now granted Apple is on a great roll and has been for the past eight years. It will be interesting to see if they keep producing products and marketing campaigns that really do a great job motivating people to by their products.

1 2 3 4 5 6 7