Self storage owner, 10 storage sites across TX, LA, GA, TN, MS, WV
Joined August 2021
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Claude is always like:
Both of your employees are talking about this project, but there's something nobody's brought up so far, and it's the load bearing thing that could throw a wrench in everything. I can't ignore it anymore:
One of the employees has to get lunch.
I asked a city planner what it would take to repaint this sidewalk. He said "we can't do it anymore, we wouldn't even know where to start". Please, really hoping @cd4losangeles and seal team CD4 can come rescue this intersection. Venice and Main St in Culver City
imo these are the standard regional bank terms on small balance CRE these days:
20 year am, 5 year balloon, 80% LTV, prime to prime+0.5%
Claude sanity task: Go through my email and find mass broker email blasts I'm on and have them skip my inbox and go into folders separated by asset class
Tenant said hey heads up I'm leaving my car at the facility I'll be back to grab it. Then I get this pic 😅
We recently had a banker go MIA the week of closing and not respond to email or work phone
Is it fair game to hunt him down on whitepages and called him on his person cell?
When we sell a property, we interview several brokers, and if we don’t end up picking them, we call them to let them know and thank them for the time.
For some reason, almost all brokers get mad at you, tell you you’re stupid and try to discredit whoever you picked
If you think a REIT has high fees and low transparency, just wait for our new VC backed RE ‘democratization’ platform with higher fees, no transparency, and less control over your money
Always laugh at these emails:
Immediate 1031 buyer need, value add site at existing 8% cap rate or greater in primary markets
Years ago my grandpa (old Kansas farm boy) took me to "a really nice local lunch spot" he knew
And drove me to Arby's 😂
The term 'Call for Offers' is hilarious. Someone with no offers on their property is insisting you submit one by a certain date
Oh storage facilities? I hear those are money printers, I’m thinking of doing some vending machines myself
26 of the the most recent 35 'new number' calls to our storage facilities have been Google / Yelp scams where they say your listing is 'unverified' and press 1 to sell you some BS Google reputation consulting
It's out of control
