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Showing content with the highest reputation on 07/23/18 in all areas

  1. Monday through Thursday is awesome everywhere....except work😝
    3 points
  2. You shouldn’t axe it straight up. Pico and Mount Ellen usually have about 5 minutes lift lines. The parking lots are packed, but there is less parking than the main mountains and the perception they aren’t as good. In some ways they are just as good if not better. Plus, there is very little interconnect, so you won’t often see people parking at one mountain then skiing the other. I work at Mount Ellen most weekends. You’d be passing up solid skiing with not much of a line, especially if you’re a single...
    1 point
  3. Most commercial loans are 5, 7, or 10 year fixed with 20 year amortization. The most prevalent is 5 year. You basically have a 5 year loan that balloons at maturity, but you only pay as if it were a 20 year loan, so your payment is lower. When it balloons, you have a smaller loan the next time which leads to larger profits as long as interest rates don’t explode upward. Most residential developers only have construction loans where they pay interest only. Their hope it to sell lots and homes early on to pay off the infrastructure cost, then profit on the back end.
    1 point
  4. You would think that. Unfortunately, real estate development is a long arduous process. I’m not making any more paper than I was in previous years. However, in two more years, when things are built, if all goes according to plan, it should be looking up.
    1 point
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