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GHOSTUSER

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Posts posted by GHOSTUSER

  1. 1 hour ago, PenelopeWitherspoon said:

    If you received a reprieve on your mortgage payments, you should be passing that onto tenants.  That is LARGELY not happening.  Unfortunately, states are going to have to step in.  What WOULD make sense is that as long as there are mandates (and let's be clear, there is going to be some sort of shit going on for the rest of 2020 at a minimum), then there needs to be meaningful rules on mortgage relief and rent relief of all businesses and individuals. 

     

    I haven't received a reprieve or relief from any source yet I still granted deferred rent for May and June to tenants. I am not receiving any income while burning through cash to escrow for taxes and insurance and to cover maintenance. The CARES Act and the SBA loans handed out have had the unintended consequence of discouraging the payment of rent because 75% of those loans has to go towards payroll. Landlords are getting fucked on multiple fronts: a rushed relief bill that hurts us rather than helps, government shutdowns and tenants suffering from a cash crunch. Landlords can't keep hemorrhaging cash; otherwise, we are going to have financial meltdown. Even after the lockdowns end, the risk is going to be very high for a lot of tenant defaults.

  2. 2 hours ago, dcar00 said:

    that may be the dumbest thing in the history of dumbest things.    yes, the intent is that if you own prorperty and collect rent you are rich as shit and should be fine for 6 months.

    You haven't heard. Landlords like me have the resources of the Fed to become de facto lenders of last resort and also bear the weight of being an insurer against business interruption. It's a fucking joke and idiots on city councils like the one in Seattle have no clue what burdens they are placing on landlords. I have allowed deferred rent for May and June. On July 1 come hell or high water full rent is going to be demanded. Thank God I don't have properties in Seattle and other cities with an anti-business agenda.  

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  3. Cancun is looking to reopen starting in June and are starting a Come 2 Cancun campaign with 2 for 1 hotel night incentives. I would like to go in August if possible. I am assuming that the Mexican and the US governments will allow non-essential travel by then.  Hoping that the hot ass weather will dampen the spread and allow a semi normal beach experience to happen. If they have precautions that will allow at least 50% occupancy for restaurants and nightclubs I will pull the trigger. I am going to wait until mid-June to see how things play out.

     

  4. 17 minutes ago, Neonmoon said:

    Since Texas is reopening 

    What is everyone's comfort level of participation?

    Level 1 - Still Grocery/Curbside/Booze Only - w/Mask

    Level 2 - Retail/Restaurant- w/Mask

    Level 3 - Retail/Restaurant/Gym/Hair - w/Mask

    Level 4 - I do what I want bitch - No Mask

    Level 2 w/Mask. I am in the Valley dealing with my tenants. 90% of the people wearing masks. Happy Cinco de Mayo. 

  5. 2 hours ago, GringoSalado said:

    I keep saying and hearing that "well people have to eat" but my informal and highly suspect local survey of takeout business reports a low of 20% of (pre-Corona) sales and a high of 50%. I was stunned by the 50% number and it was an outlier (it is BBQ. Not good bbq either.). So let's say long term your volumes get to 75% through increased takeout and, say, a 50% occupancy going forward. On a place that made 5% before.

    Really what I'm interested in seeing is what this does to restaurant employment and rents. It seems like those may be permanently adjusted down (fewer employees, smaller locations, cheaper rent). So I don't know how the decrease in RE cash flow will shake out either but...

     

    At any rate it will certainly be interesting to see how this shakes out.

    I think ghost kitchens will take off. I was looking at investing with a partner in getting a couple of containers equipped with industrial kitchens. The only rub is to have the city categorize them as food trucks. Need an empty lot to park the sucker.

  6. 2 hours ago, aggie08 said:

    I don't think there would have been nearly the backlash had dude ordered a quesadilla or burger or something Chili's does relatively "well." Just an odd choice for a first night of freedom meal.

    I get that Chili's if staffed by local residents, but how much of your bill goes in their pockets? There are plenty of cheap local joints in every community that I'd choose to support first. Chili's is a Week 3 meal, at best.

    Their Oldtimer with cheese is on point. One of the best burgers in town :)

  7. 4 hours ago, UDontKnow said:

    Lol. A 180 to the current coaching situation. Thibs will need offensive minded assistants, but maybe worth a gamble if the defensive gets massively shored up.

    It'd be nice if D'Antoni actually had a system to run like Spoelstra does instead of relying solely on the skills of Brodie and Beard. I would much rather have a defensive minded head coach with the team we have.

  8. 43 minutes ago, Boogaloo said:

    First step towards a 64 team Champions League level of college football. That would be a great development and silver lining from this disaster. Get the Texas schools on board as well and have a reincarnated SWC for a season. If warm weather puts a dent into this thing, you could see an all-South football season.

  9. 1 hour ago, Dahobbs said:

    No, no I didn't. Confusion emote is not a neg. Do you see a red negative sign under the post? No? Then no neg. Jesus. 

    Confusion emote sucks. You’re the only fucker I have seen do it. It doesn’t award points positively or negatively. Negging at least conveys an emotional response. It’s as bad as iMessage reactions. God I fucking hate those.

    • Fuck You 1
  10. I'm a traditionalist when it comes to wings. Anchor Bar Frank's Red Hot based sauce with Blue Cheese dipping sauce. Ranch is too runny and doesn't effectively counter the heat of the sauce. Carrots and celery as accouterments. Annoyed that restaurants when that's not included with an order. I don't understand the appeal of something like lemon pepper. The only non-traditional sauce I liked that I have tried is the Cajun flavored ones at Bonfire Wings.

  11. Texas-based Prestige Ameritech Ltd. nearly went out of business as a result of boosting production before demand faded, said owner Mike Bowen. The company laid off 150 of its 250 employees.

    In 2014, CDC officials met with about 10 manufacturers to discuss worrisome data the officials were getting about capacity. Even in the most conservative scenario for a pandemic, the U.S. would need 1.7 billion to 3.5 billion respirators, and would need 7.3 billion in the highest-demand scenario, according to models the CDC reported the next year. That was far above stocks and U.S. manufacturing capacity.

    The CDC officials explored possible solutions, such as having the manufacturers maintain stockpiles, according to people familiar with the discussions.

    Manufacturing executives say companies were leery because of their experience in 2009. Some faulted a lack of a commitment by government and hospitals to buy domestically made masks.

    “Everybody calls me when they can’t get masks,” said Mr. Bowen of Prestige Ameritech. “When everything goes back to normal, everyone goes back to the foreign masks.”

    We heard that first on this thread

    • Like 2
  12. 40 minutes ago, Royalfan5 said:

    So on the putting animals down front, a client that farrows for Smithfield said they told him that they won't take any hogs with flaws for sure to finish out of the current groups by mid-May, so that he probably out to start shooting the ones that won't make weight now so he doesn't have to do it at the last minute. 

    Does anyone else besides me read Royalfan5 posts using Sam Elliott's voice from Lebowski? I like your style dude.

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  13. 13 minutes ago, Brisketexan said:

    We do.

    So, I mean, discussions of government policies - both actual and suggested -- sure fall squarely within that definition.  Discussions of geopolitics (I mean, the word is actually within the word) fall right in there..

    But we're not dense; we also understand that on this thread, the definition is totally different:

    So long as it's not that, then it's not "politics" here.  Have all the conversations you want about whatever you want.  Just stop pretending that there's any logical consistency to the "standard" y'all shout from the mountaintops.  This is your safe space.  Own it.

    Give me a fucking break. Everyone here knows what "no politics" means in this context. You don't have to cite the dictionary. This is straight from the immamac's mouth:

    "Next person who says a politicians fucking name in this god damned thread is getting a week off.

    DO NOT SAY POLITICIANS NAMES, DO NOT USE POLITICAL PARTIES AS QUALIFIERS OR ADJECTIVES - USE THEIR CURRENT POSITION IN GOVERNMENT ONLY"

     

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