John Smith

3.4K posts

John Smith

John Smith

@CoachSmitty317

Former Glasgow Scottie, UK grad 93, JUCO Bandit, Chaser of Brown Fish Fund CRE and IRE deals. Got a project let’s talk.

Lexington Katılım Ocak 2013
732 Takip Edilen324 Takipçiler
Robbie Hendricks
Robbie Hendricks@robbiehendricks·
All K1s delivered to investors by March 15th this year. 872 K1s in total. Missed our goal by about a week, but always nice to knock it out with a month to spare. And that includes two returns from deals closed in Q4 with extensive cost segregation studies (IYKYK).
Robbie Hendricks tweet media
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John Smith
John Smith@CoachSmitty317·
@KySportsRadio JMI will come out with another Logo change to increase royalties on gear :)
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Matt Jones
Matt Jones@KySportsRadio·
Story today in the Athletic where, for the first time to my knowledge, UK and JMI explain their new Champions Blue business model. Article says UK Athletics is first in country to basically become a private LLC and UK leaders quoted saying it will provide massive revenue
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John Smith
John Smith@CoachSmitty317·
Nothing like the old uncle Charlie.
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John Smith
John Smith@CoachSmitty317·
@twallyweb Wait to hear about individuals taking a loan tied to a swap and has no idea how the breakage fee works. This stretching off terms is not a good thing.
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Tanner Webster
Tanner Webster@twallyweb·
Local bank in my market doing single family construction loans at 85% LTC and prime plus 1.5%. Debt fund leverage for a lower cost. Sheesh.
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John Smith
John Smith@CoachSmitty317·
@robbiehendricks Swaps have a time a place. First time investor just sees the lower rate. Has zero concept of what the breakage fee would be. Oh well on to the next one.
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Robbie Hendricks
Robbie Hendricks@robbiehendricks·
Just reviewed a broker OM for a little C class deal. Lots of experience in this submarket, small enough that we'd buy ourselves without LPs. Broker OM Assumptions: 4% Annual Rent Growth 0% Property Tax Reassessment 95% Economic Occupancy What's your takeaway?
Robbie Hendricks tweet media
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John Smith
John Smith@CoachSmitty317·
@robbiehendricks Yeap and starting to see some individuals get pushed into doing swaps who have zero knowledge of how they work. Buckle up :)
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John Smith
John Smith@CoachSmitty317·
@CoachLisle Simple. You ask him if he learned anything from it and move on. He is catching enough shit on social media. Probably would have left a couple extra biscuits in his locker or protein bar. :)
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Matt Lisle
Matt Lisle@CoachLisle·
Fly out to LF. You’re the head coach. How are you dealing with this learning moment?
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John Smith
John Smith@CoachSmitty317·
@dig_deeper1 Yes they will catch it in the end. The amortization schedule won’t match.
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FourPlex Guy Carlos Gonzalez
FourPlex Guy Carlos Gonzalez@dig_deeper1·
So my primary home had an interest rate of 3.25% interest rate. Then a received a letter saying that the loan was being transferred to another mortgage servicer company which happens all the time. However upon looking at the loan details on the new servicing company my interest rate is at 3.125% There is gotta be a mistake And they also said that I could pay the first mortgage payment in 60 days because of the mortgage transition and that they’ll be making the payment for me in case I don’t pay right away. Even I pay in 60 days I’ll probably have to pay 2X the mortgage payment which will feel heavy so I rather make that payment right now. From 3.25% to 3.125% I’m sure that’s a mistake and they’ll catch it later on. I won’t say anything
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John Smith
John Smith@CoachSmitty317·
@pops51 Unfortunately, students have become the annuity to feed the real estate machine.
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Brett Setzer
Brett Setzer@pops51·
Preach! It’s the College Cartel!!!
UKY_DOGE@DogeUky68114

The University of Kentucky has drifted from its original Morrill Act mandate—to educate the industrial classes for the public good—into a self-perpetuating "degree mill" that prioritizes institutional expansion over the state’s actual economic needs. Senator Morrill’s vision was to create institutions to teach “agriculture and the mechanic arts” in order to “promote the liberal and practical education of the industrial classes in the several pursuits and professions in life.” Instead, under the leadership of Eric Monday and a Board of Trustees led by E. Britt Brockman, UK’s budget has ballooned to $8.6B for FY 2026, representing an unprecedented 2.83% of Kentucky’s GDP. This 69% budget growth since 2021 far outpaces the state's 28% economic growth, creating a "Recirculating Degree Economy" that serves the institution rather than the workforce. The administration has exploited its influence, housing the Center for Business and Economic Research to provide self-serving economic modeling funded by general funds. While UK leadership aggressively pursues "Top 20" status and record enrollments in business and healthcare, they ignore a looming national trade emergency. State funding is being funneled into this academic machine instead of KCTCS and other technical colleges that produce the skilled trades—such as electricians and machinists—essential for attracting manufacturing and infrastructure investment. Furthermore, UK’s fiscal strategy under Eric Monday is characterized by recklessness and a "Dunning-Kruger" mentality. The administration utilizes capital bonds as a "personal piggybank" and relies on outsourcing contracts with entities like Greystar and Aramark. This creates a predatory dichotomy: the university celebrates record graduation rates for the "knowledge economy" while simultaneously stripping its own essential workers of benefits and institutional protections through third-party management or transition to Beyond Blue LLC roles. Ultimately, the university has become a bloated bureaucracy of "golden parachutes" and administrative layers that underperforms compared to its peers in critical sectors like AI, healthcare technology, research technology, and NIL. By prioritizing high-salary roles over the land-grant mission, UK is failing to provide the upward mobility it claims to champion. This failure is underscored by the United Campus Workers' petition for fair wages and job security, highlighting that the institution has structured its operations to deny mobility to those maintaining its campus operations. To bridge this gap, UK must abandon Monday and his model of installing non-expert administrators and instead recruit industry-leading experts capable of driving the innovation necessary to finally catch up to its peers. Expect more commentary in the coming days and weeks exposing these issues—similar to the recent Athletics NIL —including upcoming posts regarding Kroeger field entertainment district, UK Innovation and the CATS AI (Commonwealth AI Transdisciplinary Strategy) initiative.* *All information provided is obtained through public sources by someone who Bleeds Blue and hates what our flagship institution is doing to the Commonwealth. #FireEricMonday

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John Smith
John Smith@CoachSmitty317·
@saniyafatma1278 Going through this right now with my dog. How did you know when it was time?
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John Smith
John Smith@CoachSmitty317·
@Micah_CBC @CollegeBaseCNT Curious to what the rankings would look like on a mixed RPI/SOS totals. A lot of games won mid week against mid majors because their bull pens fell short. I expect a lot of surprises in Regional Play.
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Micah Beutell
Micah Beutell@Micah_CBC·
🚨SEC Baseball Power Rankings 🚨 This league confuses me. Tell me your thoughts👇
Micah Beutell tweet media
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John Smith retweetledi
Troy Baseball ⚔️
Troy Baseball ⚔️@TroyTrojansBSB·
Another scoreless inning for Hayden Smith🔥
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Skylar Romines
Skylar Romines@skylarromines·
I was about to take a ~longish break from this place but I blocked 1500 people instead & it’s much more pleasant already! Hi if you’re still here let’s be friends 🤍
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John Smith
John Smith@CoachSmitty317·
@thebdub77 @RoushKSR I guess my definition of success is different than yours. I will wait for names and numbers.
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John Smith
John Smith@CoachSmitty317·
@thebdub77 @RoushKSR In coming doesn’t matter. Stein had proper skill sets at other positions to allow TE to eat.
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John Smith
John Smith@CoachSmitty317·
Well at least I got the group photo.
John Smith tweet media
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John Smith
John Smith@CoachSmitty317·
@KySportsRadio You mean like the one that got some football players in trouble for not working :)
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Matt Jones
Matt Jones@KySportsRadio·
Barnhart will be moving to a campus position and the role is not designed to in any way have any management or oversight over UK Athletics….not even in advisory role He is helping create a UK Academic Sports Workforce program (2/2)
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