All Forum Posts by: Jonathan Stone

@Joe Villeneuve

I agree with your statement but as Carlos pointed out below. My experience in CA was good school districts appreciate much faster than mediocre school districts. So that 100k and 500k house appreciated at 20-25% vs 250k houses appreciating 7-10%.

Again depends on what your goals are. If you are looking for cashflow. Or a specific category of renter, say single or older couples vs families it would really change what criteria you look for in a property.

@Joe Villeneuve

I see what you are saying Joe and you have quite a bit more experience than I do but I think some who look towards appreciation over cashflow may focus on things like school rating and crime statistics.

@Casey Powers

Excellent explanation. I think a few other people have pointed to that concept in this post as well.

@Carl Flint

I believe what Cody is saying is that he has multiple times leverage to his original investment. It sounds like he said he is 50x leveraged likely meaning his total investment to date is 200k and his total

Portfolio value is 10MM. He did not state his equity position.

I would add that having long term debt at fixed interest rate is a Hedge against inflation if you use it to buy any assets.

@Steve Vaughan

I love this concept. My wife and I have discussed this as more of a BRRR strategy where we could add ADUs as it seems more local governments are encouraging housing density. Adding a unit without having to subdivide seems like it could be very valuable.

@Chris McKenna

Congrats.

My wife and I just put in our first offer on a house on the Oregon Coast. Looking to STR. I will go back and resisten to that episode again.

@Minna Reid

I have also watched this video. It discusses some of the metrics to point to a conclusion which is fine and that dude knows way more about real estate than I do, no doubt. But as others have pointed out none of us can predict the future.

For my $0.02, I feel there is an increase in inflationary rates as others have pointed out. My belief is that upward pressure from inflation prevents anything more than a slight pullback in house prices and likely means no dip in rents. But again I don’t have a crystal ball either. So I go with my gut.

There is also the hurdle of building codes keeping up with available materials or new uses of old materials.  I know it has taken some time for the EV market and auto industry to adjust.  I remember the effort GM put into the first EV back in the 90s but decided they could make more with current tech without fight regulations to produce EVs.  Building codes are also typically slow to change.  Add to that builders and tradesman who don't want to see jobs automated or eliminated and it could be difficult to see alternate contruction. 

@John Lyszczyk

Although the dollar is weakening and many commodities are up, like lumber. There is also a hard push into alternatives.

Anyone here have thoughts on alternative building materials. Or designs that reduce the use of lumber. The key to growth is usually innovation right?

@Rohin Dhar

Love the idea of an earth ship as an STR. I would guess the overhead costs are pretty low as well.