Stress Capital

Reinsurance and portfolio risk expert. Lover of hockey, the ocean, and good wine.

[Impressions @impression_ists]

Sunday by Monet

[𝘿𝙖𝙫𝙮 𝙅𝙤𝙣𝙚𝙨' 𝙇𝙤𝙘𝙠𝙚𝙧 𝙍𝙤𝙤𝙢 @DavyJonesLR]

https://t.co/IpHBSScMT8

[Stress Capital @seastress]

@DallasAptGP The catch? GPs are crooks.

[Stress Capital @seastress]

@realEstateTrent Doing business with Ascendant or Guefen Develolment.

[Robbie Hendricks @robbiehendricks]

Talked to a legend that’s been investing in multifamily real estate for 40 years.

I asked him what he thought about this market.

"Oh, it's terrible for acquisitions. Worst market I've seen. If you already own assets, though, it's great. We're at 96% occupancy."

Said the majority of his career he's been buying strong B class deals in good markets at 8-10%+ cap rates on actuals.

Deals were cash flowing 12%+. Even the on-market deals were solid.

Asked if he would consider taking a deal for a lower cash on cash return or if there is any urgency to buy more property?

He said: "Why would anyone invest in a real estate deal unless it pays over 10%? If it's 6% cash flow on interest only debt, that's a terrible deal. Just buy the S&P."

[Austen Allred @Austen]

We need a different word for places that warm frozen Sysco food and bring it to you because that isn’t the same thing as a restaurant

[Stress Capital @seastress]

@humangirl0 @WAPolicyGreen I live in Capitol Hill (so a bit closer than London) and I believe this observation is not only possible at any given time, but it is also probable.

[Todd Myers 🐟🌲🐝 @WAPolicyGreen]

https://t.co/KqWzRm9nk4 2/2

[Todd Myers 🐟🌲🐝 @WAPolicyGreen]

An absolutely incredible story about the failure of King County and Seattle's policies on drug use and homelessness.

A system that spends hundreds of millions of dollars to oversee misery and death is not compassion.

It doesn't have to be like this. 1/2 #waleg

[Stress Capital @seastress]

[Seattle] Said Yes to Drugs - The Atlantic https://t.co/g11NPlvEx5

[Clint Fiore 🦬 DM for Biz Deals @ClintFiore]

I propose we make sending an email cost 50 cents

[Stress Capital @seastress]

@IdleLightkeeper $HGTY

[Stress Capital @seastress]

@BenMillerise @JonArauzo @santhonys @fundrise @GetVCX Thank you.

[Stress Capital @seastress]

@BenMillerise @JonArauzo @santhonys @fundrise @GetVCX My sincerest apologies if I’m wrong, but I recall the Fund Prospectus saying the asset management fees are computed daily as a % of asset value.

[Stress Capital @seastress]

@jonbrooks Crime is rampant

[Stress Capital @seastress]

@santhonys @BenMillerise did @fundrise take management fees based on a % of the total valuation when $VCX was manipulated to $500+ while most of your shareholders were locked up and unable to sell? That’s just a wealth transfer from paralyzed shareholders to @Fundrise, no? @GetVCX

[Stress Capital @seastress]

@KrakenCanada I had this dream about Kartye… maybe I’ll run into him in Manhattan one day.

[Stress Capital @seastress]

@sekeresandprice @mattsekeres @justBlakePrice @JeffMarek @bet365ca He’ll be traded to the kraken for wright and Dunn.

[Stress Capital @seastress]

@ValueStockGeek Come to Seattle

[erika @yeeeerika]

i did it. i reached my health insurance deductible and out-of-pocket maximum. what elective appointments and procedures should i get