Logan Lee

It’s equal parts fascinating and depressing that there are over 50,000 self storage facilities in the U.S. We are so rich and blessed that even our possessions have homes. #commercialproperty #storage #1031exchange

@JasonMKates why is this even a question?

@michaelschwab13 it would help if the team he was on was good. And maybe they'll go on a run, in which case I'd imagine it would change. that said, media never cares about Houston teams which makes it so inflaming and fun for Houston fans!

It’s just funny to me. Yordan Alvarez is the first player to 2.0 fWAR this year and its crickets from national media. MVP level and on an incredible pace offensively and he’s barely being talked about outside of Houston.

@JasonMKates I was today years old when I first discovered Turkey Stearnes and Willie Wells. Both epic names who evidently also had excellent OPS

@realEstateTrent In other words, the sophisticated Sellers are excellent Buyers. They want to take the gain off the table now and re-deploy rather than drag it along as you mention. Good word

Lots of people think good deals only come from unsophisticated sellers. Absolutely not the case. Sophisticated sellers understand the value of a cash offer today from a buyer with a reputation as a closer. Those sellers often have lots going on, large portfolios, and will happily take $8.2M now rather than wait 6-9 more months, take on market risk, and go through a couple failed escrows - to maybe get to $8.8M. Bottom line -- those sellers love us as buyers 🙏

@NFL @MikeGarafolo SIC 'EM

Chiefs, WR Tyquan Thornton agree to two-year, $11M deal with a max value of $14M. (via @MikeGarafolo)

@joeroganhq He truly is the best!

Legend.

@michaelschwab13 Got it in San Diego actually! My fave is Saint Arnold’s Christmas Ale

Has anyone been able to find Shiner Cheer at the store?

@RGIII @OuttaPocketRG3 @BarrySanders He’s finally getting rest from carrying the Lions- running and juking for 77 yards to gain 30- for so many years! What a legend

“I used to be one heck of an athlete” -Barry Sanders

@moseskagan @KevinPDonohue @ezraklein @CAgovernor According to E&Y study, cutting section 1031 would eliminate over 950,000 full time jobs and about $50 billion in economic revenue. (IRS would gain about $2B in annual tax revenue)

@KevinPDonohue @ezraklein @CAgovernor The other way you could go would be to raise the taxes on cap gains and also get rid of the 1031 exchange But then you would get a *lot* less housing built.

In the middle of @ezraklein's otherwise excellent interview w @CAgovernor (link below, and, by the way, Newsom really surprised me, in a positive way), and I have to stop and write: Gavin does a good job zeroing in on the unattainable price of for-sale homes as the issue driving a lot of angst in our society right now. And then, when he and Ezra get into talking about housing policy, it's all ADUs, modular, the cost of borrowing, construction labor, and so on. Gents, if you want more for-sale product built, here is what you need to do: At a local level: Reform zoning codes (so you can build townhomes and condos ~everywhere) At the state level (especially in CA): Reform construction defect liability laws, so that every condo developer isn't sued by contingency fee attorneys 9.5 yrs after the project completes At the national level: Treat income from sale of homes as capital gains (which is what it is), rather than income (so that tax policy is not putting a finger on the scale in favor of building rentals) Here is the link to the episode: youtube.com/watch?v=PqBsRN…

@CodyC64 @PTFFootball No, Cody! GO EAGLES!!! @SBS_Athletics

Go Saints!! @PTFFootball

@realEstateTrent A plane ticket South!

First time I’ve ever owned a home in an area that snows. What do I need to buy as we head into winter?

@RedRiverSkiArea cannot book lift tickets online nor can we reach anyone on the phone. Can someone please help me? We need 8 lift tickets for Wed, just for one day. Thanks!

My man! That’s brilliant! If any of your spaces could be value enhanced by child care, hit me up. My wife’s non profit provides coworking space + child watch and is growing. She also is scaling JUST the child watch working office spaces. It’s a game changer for stay at home Moms or dads

🙌officesatsanramon.com

Here's an under-the-radar niche where I think there is a ton of money to be made: High-end suburban small office suites. Attorneys, CPAs, and other professionals don't want to work in the gross old buildings we see all over suburbs, or in co-working spaces. So -- we just finished a big renovation of an old office building in San Ramon, CA (above our updated strip mall). I knew the demand would be there. Trouble is, was having hard time finding a way to make the community aware of it. We built the website a few weeks ago, but no leads. So when the wife and kids went to bed this weekend I personally dove into Facebook ads, etc - and set up a campaign, budget etc. I watched the money being spent the last couple days - and was getting a tiny bit nervous it would work. Woke up this morning: Great leads are pouring in !!

@pitchfork She temporarily left “pop?”

Lady Gaga returns to pop with the larger-than-life sound pitchfork.visitlink.me/AwLPxt

@michaelschwab13 I think 1-2 more and I think they’d be presently in the ALCS. They have managed to blow through years of dry powder from Luhnow’s analysis of roster configuration and decisions and have reverted back to traditional baseball deals and decisions

What would have happened if Jeff Luhnow and AJ Hinch never left in 2020? What would the past 5 years look like? How many World Series?

@chipgaines @BUDREW I agree, and certainly over the last 2 decades for sure if that’s the time frame in the analysis. If, however it’s present data- I don’t mind it. Extra juice for this season!

Not a serious list without @BUDREW 🙄

@realEstateTrent Well, I’m definitely familiar with 721 exchange into a REIT, I’ve never heard of this! Looking into it

This guy takes 1031 exchange to a whole new level! His name's Izzy Slodowitz and he found this tax loophole called an IRS 721 Exchange Fund. Apparently people contribute their appreciated stock to his fund without paying capital gains tax, and the fund also buys private jets -- AND investors can take dividends in the form of: Private jet flights?! Anyone ever heard of this??

@Brett_McMurphy @McClain_on_NFL Wait. Like on a Tuesday?

😍 Starting today for 49 consecutive days, there will be a college football or NFL game played every day until Nov. 26. The fun starts tonight w/Missouri State at Middle Tennessee (7:30 ET, ESPN2) & Liberty at UTEP (8 ET, CBSSN). Plan accordingly🍻🍿

I’m sure the investors involved in Sovereign Partners (owner of 780 3rd Ave) and the Irvine Company (owner of 200 Park Ave) want to make sure both Fannie and Freddie continue to pay their rent

@colossal @BenLamm Sic ‘em, @BenLamm !

Beyond proud to share that Colossal Co-founder and CEO @BenLamm has been included in the #TIME100NEXT list, which celebrates the visionaries shaping the future of their fields while inspiring the next generation. time.com/collections/ti…