The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
why aren't all 9 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable
Raffae: Palmdale houses cost $400k and rent for $2.5k–$3k
“So you could still buy a house for 400,000. And you could rent it for between 2500 to 3000 dollars.”
Raffae: Targets 10% gross yield to achieve 6–7% net ROI
“I, I'd like to get 10% gross. So I can end up with six to seven percent return on my investment.”
Raffae buys properties sight unseen based on local market familiarity
“Being familiar with the area and the neighborhood, I bought houses without even seeing them.”
Raffae: Working with friend realtors can cost deals due to over-caution
“When you're dealing with a realtor that is a friend, right? He's extra cautious. And sometimes that extra cautiousness could cost you a property. Like it's hard for me to, for example, to tell my friend, oh, this is a great investment because in case something…”
Raffae: Real estate beats businesses through leverage despite lower cash flow
“I mean, businesses is another way to invest, and businesses usually gives you much more cash flow than real estate does, but the business, in 99% of the cases, you gotta pay cash for the business. Real estate, you put five, 10, 15, 20% down, and the rest is th…”
Raffae: Storage facility brokers favor established operators over new investors
“What I mean by specialty is that even the realtors that they deal with storage units. They have their own clientele of storage unit owners, and they work together. And sometimes for you to come in, they, they'd rather deal with somebody that is familiar with t…”
Title companies provide free owner data in exchange for future business
“The title company can give you that information, providing that if, when you buy The property use them. For the service. So, so it's a win-win.”