Our strategy: Buy value add Cost seg Add value Refinance Hold long term Enjoy cash flow

35 basis points up to $565 million and 10% thereafter $565m x .35% = $1,977,500 $15m x 10% = $1,500,000 Total commission = $3,477,500

@MultifamilyMad 2%

Why do high-end intown home builders make the mistake of putting an in-line or detached garage building in front of the house?? It kills curb appeal and is a major mistake!!

I just heard about a 96 year-old man and an 87-year-old woman that are getting divorced! 🤣 No it’s not their first marriage but is it really that bad all things considered?!?

Selling Pepsi products in your restaurant instead of Coke products negatively affects revenues more than many restauranteurs realize

@realEstateTrent Yep. And shockingly, many mom and pop retail landlords actually don’t have the funds to front a TI or leasing commission. In many of these situations, the landlord inherited the property from their parents and actually live off the property’s cash flow, in part or all together

@realEstateTrent Agreed but in addition to passing through real estate taxes and insurance, do you still charge CAM for these types of buildings? We do by charging $1 - $1.50 PSF in Fixed CAM to cover management fees even though there is no common areas to maintain

Musings of a retail landlord: Even if you want to open a bakery that only sells gluten-free, low-carb, and sugar-free items, don’t do it. Even if you want to open a bike shop that only sells boutique European bikes, don’t do it. Even if you want to open a men’s only barbershop, don’t do it. Even if you want to open a brewery that only sells gluten-free beer, don’t do it. Even if you want to open a vegetarian only restaurant, don’t do it. Specialization is fine but diversification and multiple income paths greatly increases your chance of success!

@TheDrugMoney 10% increase

You will rarely find my business partner and I in the same room. 1+1 needs to equal something greater than 2 Not good if 1+1 = 1

Early in my career, I was on a team that had the listing to sell an office park, which included a building that was fully occupied by Coke. Before every property tour, I was instructed by the broker to stop by the gas station and pick up a bag of ice and a few old school glass bottles of Coke to offer to the prospective buyers after that building tour. It was a pain in the ass at the time but I have to say it was a nice touch.

@Snowball_Dev Congrats!

@bar32 We provided basic information to the landlord but she sent all financial information directly to the landlord for review and approval

@theone34824249 True which allows me to do it in the first place but it’s still not a no-brainer as I try to manage my finances down to the penny

@theficouple Or 43% total debt to income ratio so if you have no car loan or consumer debt you have more wiggle room

@MultifamilyMad I learned everything I need to know on this subject from @huntercoldcalls

@realfrugalmogul Recently had fraudulent activity on one of my bank accounts. The only way to appeal to the bank so they would reimburse my account? Fax it.

@sweatystartup Are you going to stay in that house for the long term?