Stijn!!

[porsche4life]

Ag and oil Rick.... Out here you could be turning wrenches 24/7/365 and still have a line out the door.... Its crazy busy still.

My uncle works with a company that ads chemicals to a process in NG productions. He sits in his truck and monitors the flow rate, and keeps the chemical flow at 10ppm.... He's making around 70k per year and has a company 3/4 4wd dodge that he uses for personal too... Course he's pretty familiar with the 100hr week...

[slodave]

Originally Posted by vas930

This is why I only invest in commercial proprties.

Commercial can be done out here still, but it took a big hit with the economy as well. It wasn't about the loans, no one was spending money, so the shops went out of business. There are still a lot of empty storefronts in the strip malls around here.

[vas930]

And all good reasons to move to Australia.

And the women!

[porsche4life]

How are sales jobs down there Vas?

[Rick V]

Originally Posted by slodave

Better cell reception though.

Well I guess so when one tower can cover an area the size of Rhode Island

[Noah930]

Would agree with Dave. I don't think commercial is an easy game, either. There are a lot of empty storefronts in main commercial areas here in LA.

[porsche4life]

Cell reception isn't great in OK really... Low population, some places its not financially smart to build towers due to low usage. Its great along the interstates and major state highways, but get way out in NW or SW OK and you are fuched....

[porsche4life]

But it takes more capital upfront to get into the commercial game....

[Rick V]

Originally Posted by porsche4life

Cell reception isn't great in OK really... Low population, some places its not financially smart to build towers due to low usage. Its great along the interstates and major state highways, but get way out in NW or SW OK and you are fuched....

Okay so that settles it Ok, must suck.

[Flieger]

I was looking for those scenes in the Blues Brothers with Carrie Fisher and the rocket launcher and then the ending with the AK-47 or whatever it is but no HQ versions seem to turn up on youtube.

I thought they would fit in this thread with all the talk of crazy women.

[vas930]

Originally Posted by porsche4life

How are sales jobs down there Vas?

That is the weakest part of our economy.
The internet and high Aust dollar make it better to buy off you guys.
We have a mining boom here.
We keep digging it up and China keeps buying.
As a nation we have no real debt.
We are more a part of asia than the US or Euro.
Asia is in a huge growth period.
But it wont last forever.
In good times one must save for the bad.

[slodave]

Originally Posted by vas930

Yes, but its less up and down....

I agree, but retail is not moving here. Commercial properties leasing office space would be better off. There are way too many boutique stores around and not enough customers. I noticed a lot of "party" stores. in strip malls. Always selling balloons, some flowers and other party stuff. Almost all of those storefronts are now vacant. Same goes for a lot of the small clothing stores. Most people are still not buying that stuff and will settle for Macy's or other big shopping centers. Similar clothes at a fraction of the cost.

Property owners that own strip malls are not doing so well. Half the property vacant and like you said, there is still maintenance.

A building that rents to lawyers, doctors, accountants would be a better investment at this time.

[porsche4life]

Originally Posted by Rick V

Okay so that settles it Ok, must suck.

Yes, but I could hock a house no problem for good money, and my folks just finished off their best business year ever, and this year is already kicking last years ass....

We have multiple customers building $2mm+ Convenience stores here....

Originally Posted by vas930

That is the weakest part of our economy.
The internet and high Aust dollar make it better to buy off you guys.
We have a mining boom here.
We keep digging it up and China keeps buying.
As a nation we have no real debt.
We are more a part of asia than the US or Euro.
Asia is in a huge growth period.
But it wont last forever.
In good times one must save for the bad.

I'm talking sales rep for large companies....

[Rick V]

Originally Posted by porsche4life

Yes, but I could hock a house no problem for good money, and my folks just finished off their best business year ever, and this year is already kicking last years ass....

We have multiple customers building $2mm+ Convenience stores here....

But it is still, flat, windy............................

Smile Sid I haven't beaten on ya in a while. Just want ya to know I still like ya

[porsche4life]

I got ya Rick, just letting you know that OK doesn't suck so bad... I mean hell its been in the 50s and 60s most of the winter....

[porsche4life]

I get the principle, but like I said, the high cost of entry can make it tricky. Even saving up, it takes awhile for some of us to smack down a cool half mill for a building. It helps to be working in an industry that makes damned good money....

[Noah930]

Then it's a good decision you got out of pharm.

[porsche4life]

Originally Posted by Noah930

Then it's a good decision you got out of pharm.

That was not a financial decision... That was a Sid would have the overwhelming urge to swallow hot lead if he had to go to that job everyday....

[Rick V]

See I chose the path of a good honest hard days work in the trades, and lost all of my savings and investments because of the poor planning on the part of others. True I could have payed closer attention to my investments but it was all doing good at a slow and steady pace. By the time I realized I need to move and move fast it was too late. The rental sale was the only thing I managed to time well. Having to start over again in my early 40's has been a real slap in the face with a dead tuna.

[Noah930]

Originally Posted by porsche4life

That was not a financial decision...

I realize that. But in the near future, there will be a cap on how much pharmacists make. And then that cap will start trending downward. Just like how it has for me. Every year I make 1-2% less than the year before. That's (effectively) the law.