spartanprez

@Airaasayss I really do weep that anyone could think it is anything other than 1050

Your brain might say 300 But it isn’t. So what is it???

@NFL_DovKleiman “Star”. Hmmmmm

Browns star QBs Deshaun Watson and Shedeur Sanders doing the same drill together. What do you notice?

@Jeffdthompson Terry Coyne

Does anyone know any good industrial brokers that cover Cleveland Ohio? Let me know as I’d like to discuss the market and start investing acquisitions.

@VARevolution250 Is Virginia going to remain in America?

It’s America’s 250th birthday, and we’re celebrating by hitting the road and visiting historic sites across the Commonwealth. Plan your next Virginia outing today!

@heckyessica You shall not bow down to them or worship; for I, the Lord your God, am a jealous God, punishing the children for the sin of the parents to the third and fourth generation of those who hate me, but showing love to a thousand generations of those who love me and keep my command

@heckyessica “I am the Lord your God, who brought you out of Egypt, out of the land of slavery. “You shall have no other gods before me. “You shall not make for yourself an image in the form of anything in heaven above or on the earth beneath or in the waters below.

This is what a demon would say. No exaggeration. Only Satan and his workers would try to separate you from the actual Word of God because they know its power.

@CBSNews @DanLamothe Note to women: don’t choose the bear.

Two soldiers from Joint Base Elmendorf-Richardson in Anchorage, Alaska, were injured in a bear attack on Friday during a training session. The 11th Airborne Division is not releasing the names of the soldiers but said they are both receiving the appropriate medical care. Both soldiers carried and deployed bear spray during the land navigation training exercise, according to the statement provided to CBS News.

Prologis agrees with me- if you need warehouse space, you better lock it up now. share.google/6kKwUK1sIT8OOO…

@JesterJum @chantel_mccabe Have you seen the income tax rates for people making less than $20k? Trust me, they aren’t paying much in taxes.

The voting age is 18...right? So why are we taxing 15-17 year olds that work?? Isn't that the very definition of "taxation without representation"???

@OhioStateHoops @OhioStAthletics @MichaelRedd_ @OhioStateBASE But it’s 4-15? Wouldn’t this happen is San Francisco?

614 night at Bill Davis stadium and there was a very honorary first pitch thrower, @MichaelRedd_ 🌰 @OhioStateBASE x #GoBucks

@DefiantLs “If”

@BradWilcoxIFS My wife and I say this, which doesn’t mean we don’t disagree or have conflict. It just means we can resolve the issue because we are on the same team with acrimony.

Conflict in marriage is OK. Fighting, disagreeing is fine so long as you. . . "I’ll never forget when this young, exuberant, all-smiles engaged couple plopped down on my couch for the first time, excitedly proclaiming, “We’ve never had a fight before!”"

@bobbyloads @supertrucker Ok then let’s have company management fly to US for an on camera interview. And see if they can fly out without getting arrested.

Bobby Loads defends Super ego, calling drivers liars and their negative checks a result of breakdowns, not company theft. He praises Super ego and other companies for treating drivers well. He also expresses love for Serbia and its president. #SuperEgo #DriverTruth

David Brooks: "[I'm] someone who's a long-time admirer of Joe Biden."

@SimpleCRE Now I want to hear the story.

asked a broker if he could send me the lease terms on a single tenant deal he's listing. His reply email came with no attachment and started with, "Well, there's a story..." Oh boy.

#Toledo port and logistics solutions eblade.toledoblade.com/.pf/showstory/…

Triple Net vs. Absolute Net Leases resource from ⁦@naiharmon⁩ naiharmon.com/triple-net-vs-…

@mwmoedinger We need a whole crew to get this erection done or it’s going to cost a fortune

What's a sentence you've said in construction that makes no sense to anyone else? I'll go first...I just said "trim and butt the head and casing to the Schluter, so order of operations means Schluter goes in before trimout. Just scribe it, but it should be dead plumb."

Five things I've found almost no Europeans know (and lots of Americans don't either) that warps the view of America vs. Europe: - The distance from NYC to LA is as great as the distance from Moscow to Lisbon; - If you measure across all of Europe (excluding Russia, which would make the comparison worse for Europe), not just within each country, income inequality is greater than in the US, even though Europe is geographically smaller; - The overwhelming majority of Americans have much greater access to insured quality healthcare than the median European; - Disposable household income in the poorest US state, Mississippi, is higher than in any country in Europe that is as large or larger than Rhode Island; - How federalism works in the U.S. Ignorance on these 5 simple issues alone explains much of how people (incorrectly) view life in the U.S. vs. life in Europe.

Investing in industrial real estate is easy. You just need to: • Find a building that tenants actually want (not just today but through different market cycles) • Make sure it works for multiple tenant types and not just one very specific use case • Understand the micro location, surrounding uses, access to major routes, traffic flow and site circulation • Confirm zoning allows current and future uses, including any restrictions, overlays or non conforming risks • Evaluate site layout including yard space, trailer parking, turning radii and site coverage efficiency • Assess building functionality like clear height, column spacing, bay sizes and overall layout efficiency • Analyze loading configuration including dock vs grade, door counts and how it actually functions operationally • Verify power capacity, distribution, and whether it can support different tenant requirements • Review office buildout ratio and whether it aligns with typical demand for that size range • Understand construction type, age and how that impacts maintenance and tenant appeal • Identify any functional obsolescence that could limit future leasing • Benchmark all of it against competing buildings in the market (not just in theory but in active listings) Then run a quick proforma: • In place rents vs market rents vs achievable rents • Lease rollover schedule and downtime assumptions • Tenant improvement allowances and leasing commissions on renewals and new deals • Free rent, inducements and absorption timing • Vacancy assumptions by suite size and tenant profile, not just a flat rate • Operating costs broken down by fixed vs variable and recoverability • Property tax reassessment risk post acquisition • Insurance, utilities, repairs and maintenance with inflation assumptions • Capital expenditures including near term vs long term and reserve planning • Deferred maintenance you didn’t see on day one • Debt terms, interest rate assumptions and sensitivity to rate changes • Loan covenants, DSCR thresholds and refinancing risk • Exit cap rate, disposition costs and timing • Sensitivity analysis on rents, vacancy, cap rates and interest rates • Scenario modeling for best case, base case and what just went wrong case Simple. After that, you and your lawyer review: • Purchase agreement including reps, warranties, conditions, timelines and outs • Title search for encumbrances, easements, rights of way (and any restrictions on use) • Survey to confirm boundaries, access points, encroachments, and site functionality • Existing leases including rent rolls, expiry profiles, renewal options, and assignment clauses • Tenant inducements, side letters, and any off book agreements • Estoppel certificates and tenant confirmations • Service contracts, vendor agreements and termination rights • Zoning compliance and any legal non conforming use risks • Environmental liabilities, both known and potential • Historical issues tied to prior ownership or use of the property • Financing terms, lender requirements and personal or corporate guarantees • Structuring considerations for ownership, tax implications and liability exposure No big deal. Then order a few routine reports: • ESA to confirm the soil isn’t a future science experiment • PCR to make sure the building isn’t quietly falling apart • Appraisal so the lender agrees with your optimism And while you’re at it: • Validate that the rent you’re underwriting is actually achievable • Confirm there’s real tenant demand, not just theoretical demand • Make sure the building still works if your current tenant leaves • Stress test everything in case the market shifts • Figure out who is doing property management. What about asset management? • Don't forget insurance too, which might be a bit more complex than a single family home. Oh and it's not difficult competing with significantly more experienced investors, some of whom have entire teams devoted to sourcing and analyzing deals. But if you just ignore all the asymmetries of information and the considerably high risks maybe they just go away? Anywho, once you get through these details it's really easy peasy.