All Forum Posts by: Tushar P.

Struggling with math associated with real estate? Really? Its not calculus, and no one is expected to write sophisticated genome sequencing algorithms on quantum computing platform to generate nanotechnology stem cells via artificial intelligence. That would require real math skills as a baseline.

I think you may be struggling with real estate concepts rather than the math associated with it.

@Benjamin Park yes, it is not final yet. It is one of the many abrupt decisions taken in the last few days by a disgraced president.

It is going to be challenged by the govt in Colorado - they are going to demand that the military recommendation is made public. If indeed the military recommended the shift from Colorado to Alabama, then it may actually happen.

Otherwise it may become a part of the many last minute shady rulings by the disgraced president that gets overturned by the new govt.

@Katie Greenman the only question you need to ask yourself is do you think you will earn more during retirement than pre-retirement.

For anyone making $120k/yr now, to make the same in retirement would require $12-15 million in savings.

For high income earners, the govt actually helps them by not allowing Roth contributions. Though I do make maximum non-deductible contributions to traditional IRA every year and convert to Roth, just to have diverse investment options. But that's only after maxing out the standard 401k where I can defer taxes now, and then pay less taxes in retirement years (assuming I am alive beyond 59.5 years - if not then I don't pay the taxes ever).

@Brandon Burns 

@Brian Adams

@Brian Burke

Any feedback on my question regarding construction financing?

Thanks for the post - nice summary!

@Christopher Campbell are we seeing population migration from the center (multifamily) to the suburbs (single family)?

What is your view on multifamily prospects near downtown, midtown, pearl district?

@Greg Dickerson in some of the ground up development syndications (where I invested as a LP with equity contribution), I noticed the GP showed a certain bank as the lender (contributing the debt part) in the documents but a few months later the GP sent a note saying construction financing is still being sought.

Is it normal for GPs to suggest they have a lender (either lined up or already provided the debt funds) while raising equity money from the LPs, and then later mention that the construction financing is still being sought? I’m also confused why bring the term “construction financing” now instead of just saying “lender”, which is what the debt contributor was originally called. Or am I missing something? 

I’ve heard it isn’t completely like Detroit but didn’t the demise of steel plants over the decades combined with population decline create Detroit-like situation in many neighborhoods?

Are C class tenants smart enough to realize that your big size is an advantage to them - they can assault you and then sue you, as no one in the court will believe that you didn’t try to use your size. But maybe C class tenants are more used to using guns instead of hands and legs?

What areas in Pittsburg?