But AMC has good real estate at marketable locations for business cum residential complex, some company will takeover easily when it comes back to lower end and mint money !
That is a myth. Those properties are mortgaged to the hilt. The cost of conversion is prohibitive. And zoning may not allow residential apartments. And demolition costs may be more than the land value. Better off just filling them with cots for the homeless.
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Reminds me of what Eddie Lampert did to Sears. I don’t think this ends well for any of the parties involved. Would stay away…
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Quite often I think Ross made hyperbole. In this case, I agree with him. Jobs are valuable, should be very happy to have plenty available, yet Fed wants to destroy jobs. SMH. Think of other ways to solve inflation, not by killing jobs.
Thinking aloud: This is the rare occasion that I wish @manch is right about inflation is only transitory 
Hey what about this? Collectively we might own 1000s of units, we can help the inflation picture with some gentler rent increases. 
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I have already did. Told you moons ago. Asking 10% below market rate, recall?
The better idea is Jeff Bozo’s Arrived Homes. The concept is:
Put in $1M to buy rentals, value AH at $10M, sell 49% away for $4.9M. Your remaining ownership of 51% is now worth $5.1M + proceeds of $4.9M (have not accounted for taxes and other costs).
The Fed wants to see blood on Wall Street. Since Apple is the biggest component on S&P, we need to slaughter AAPL investors as human sacrifice to placate the angry FED.
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Wrong choice. Many government officials own AAPL. Should slaughter the one that is very popular with retail investors (you know which one, the one that many put in 50-100% of their NW).
I don’t recall. But thanks for helping.
Posted Feb 20.
I’m only 2-5% range.
Maybe that’s why I’m a nobody and you’re you.
My rent is usually ~10% below market rate.
For example, I rent out at $2475 instead of $2750.
Why is that?
For existing tenants, don’t up renewal to market rent, usually just half way to encourage them to renew e.g. existing rent is $2200, market rent is $2500, renewal at $2350. Cost of finding tenants is expensive and can stretch into slow season. There is many things need to be done between two leases e.g. change locks and keys, touch-up paints, change carpets, upgrade to latest building codes, etc. Maintenance that you can’t/ won’t do when it is in lease.
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Why change carpets. Just go with vinyl plank flooring. As far as paint… all my rentals are painted with Behr semi gloss Swiss coffee ( white) paint. Touch up is easy and I don’t have worry about finding a color match.
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Thinking about doing this. Now, Vinyl plank is pretty good and reasonably priced.
What I meant is need time 
Keep spares. Use the same vinyl on all your rentals. So if one plank gets damaged it can be replaced.
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This would definitely increase inflation.
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I hope fast food goes away. I grew up before it was common. Now it isn’t fast isn’t cheap and is basically bad food. Sayonara Mikey D. Don’t let the door hit where the dog bit you.
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