gtw999’s Activity

Thu Jul 23

NL

Boards Post

gtw999 replied to the Living Below Your Means board. 2:33 AM

Re: How to put clothes in consignment?

Eh, my wife has tried that game several times. Only once did the consignment store close and stiff her. Assuming a more regular experience, here is how it goes:

Start with 10 dresses, wash and press.

Take to consignment store. Store [more]

Wed Jul 22

NL

Boards Post

gtw999 replied to the Living Below Your Means board. 11:37 AM

Re: I Saved Money by Just Asking

"It pays to ask."

I would agree, but would say the critical step is one step back:
"It pays to notice" [the price increase]

So many of these operators hike up the fees and people do not notice, or do not [more]

Mon Jul 20

NL

Boards Post

gtw999 replied to the Real Estate Inv. Trusts: REITs board. 10:54 AM

Re: CCG Preferred about to get Waldenized?

"Management has absolutely zero fiduciary responsibility to the company's bondholders."

That is true for an operating profitable company. Then all it has to do is meet the bond indentures. Many bond indentures limit the ability of [more]

Sun Jul 19

NL

Boards Post

gtw999 replied to the Real Estate Inv. Trusts: REITs board. 12:38 AM

Re: CCG Preferred about to get Waldenized?

My 2 cents on the subject.

Preferreds are in a limbo position. They are not protected by fiduciary duty. On the other hand, debt is, at least when a company gets near bk. Companies can treat preferreds in adversarial ways. I had GKK-A some [more]

Mon Jun 29

NL

Boards Post

gtw999 replied to the Living Below Your Means board. 10:38 AM

Re: help with buying a new mattress

Do not get a pillow top mattress. The pillow top within a few years will lose resiliency and become depressed where you lie in bed. It is better to buy a cheaper mattress, and buy some memory foam toppers, and change then every 2 years or so when [more]

Fri Jun 26

NL

Boards Post

gtw999 replied to the Real Estate Inv. Trusts: REITs board. 11:55 AM

Re: MAA & APTS

I own both APTS and BRG, and I doubt either management team is keen to merge out now. They have just begun their plans to grow.

Since both teams are pretty good, I tend to doubt a merge out would be good for shareholders now, unless the [more]

Thu Jun 25

NL

Boards Post

gtw999 replied to the Real Estate Inv. Trusts: REITs board. 6:37 PM

Re: A new REIT to be formed by Darden

I believe we will see more and more of these moves until such time as the tax code is changed (reduction in corporate rates, or to block such REIT moves), or until there are noticeable failures in the model.

WIN recently spun off its wire [more]

Fri Jun 19

NL

Boards Post

gtw999 replied to the Real Estate Inv. Trusts: REITs board. 1:52 PM

Re: Little REITs

Long term results of small-cap REITs?

I checked the charts, and VNQ has outperformed ROOF by 3% since January 2011. ROOF currently has a 1% per year edge in yield, so really they are neck and neck, large and small REITs in that period. ROOF [more]

Wed Jun 17

NL

Boards Post

gtw999 replied to the Real Estate Inv. Trusts: REITs board. 1:20 PM

Re: Little REITs

I have owned SOHO for a number of years. I think what hooked me was the CEO speaking of a metric of "cost per key" which was the price for a room, with the stock market's implicit pricing being low.

Here is a report from them in [more]

Fri Jun 12

NL

Boards Post

gtw999 posted to the Living Below Your Means board. 2:07 PM

Grocery Outlets (West Coast)

Those who live on the West Coast might be unaware of a chain called Grocery Outlet. They are in Cal, Oregon, Washington, and a little in adjacent states such as Nevada.

[more]

Thu Jun 11

Wed Jun 10

NL

Boards Post

gtw999 posted to the Real Estate Inv. Trusts: REITs board. 7:23 PM

Yet another sickening RMR move.

Yet another sickening RMR move.

RMR is outside manager for numerous REITS, to include SIR, GOV, HPT, TA. They are lousy managers, with long term performance at every REIT they manage lagging way behind the performance of VNQ.
There are [more]

Sun Jun 7

NL

Boards Post

gtw999 replied to the Living Below Your Means board. 3:09 PM

Re: Which checkout line should you join?

Line:

assess how quickly those in a given line will move through it. There are factors:

length of line

apparent speed of cashier

indicated speed of customers in line. Elderly and those with young kids tend to move [more]

Mon May 18

NL

Boards Post

gtw999 replied to the Real Estate Inv. Trusts: REITs board. 12:24 PM

Re: The New IRT

IRT has outside managers (see below)

RAIT (ticker RAS) is the outside manager. Their grade as managers is maybe a D+. RAS has greatly under-performed over the past few years despite being in the sweet spot of having half their REIT in [more]

Mon May 11

NL

Boards Post

gtw999 replied to the Real Estate Inv. Trusts: REITs board. 12:38 PM

Re: OT Sustainable withdrawal strategies

Yes, I mis-stated the longest time to defer social security activation, which is 70. At least for now. As I get closer to the decision date I will have that more keenly in mind.

It is hard to have a firm plan. There are so many [more]

Wed May 6

NL

Boards Post

gtw999 replied to the Real Estate Inv. Trusts: REITs board. 5:22 PM

Re: Any thoughts on LXP

I own a little LXP and more LXP-C.

LXP has been a little sick lately. Not sure why. Best guess I can come up with is that the projected FFO for 2016 is no improvement over 2015's FFO. LXP is second-tier, and those seem to be more beat up [more]

Tue May 5

NL

Boards Post

gtw999 replied to the Real Estate Inv. Trusts: REITs board. 3:23 PM

Re: REIT sell-off

REIT valuations.

1. Treat REIT as a sort of long duration strip bond. Higher inflation means income flow is worth less and strip bond is worth less. Now income flow can increase with inflation, but not right away--leases are locked up for an [more]

CAPS Stats & Trivia

CAPS Player Rating < 20
Player Rank 0 out of 75193
Score 0.00
Score Change Today 0
Accuracy 0.00%
Active Picks 0
Total Picks 0
Best Pick ( 0)
Worst Pick ( 0)
Average Score per Pick 0.00
Charms Earned 0
Highest Rated Favorite No Favorites Selected
Go to gtw999’s CAPS page

Boards Stats & Trivia

One star, 50 posts
Board Posts 193
Recs Received 841
People who have rec'd these posts 124
Recs to Posts Ratio (last 30 days) N/A
Threads Started 38
Threads Started Percentage 19.69 %
Most Frequent Board Real Estate Inv. Trusts: REITs
Very First Post Some thoughts on REITS (4/20/2010)
Percentage of Posts Rec'd 90.16 %
Show gtw999’s 10 Latest Posts