Stan Falk

Strip Mall Broker/Investor, South and Midwest, Specialize in B-C class multi tenant.

[Stan Falk @StanFalk]

@apuwaffenss So we are supposed to live in a representative democracy

Dude seems to think it’s fine if they just go to dc and do whatever they want

Political capital may not matter. But it’s real. And it should.

[Stan Falk @StanFalk]

@CaProbateAtty He’s on board.

[Stan Falk @StanFalk]

Ok CRE people. Every day is a skewl day and I'm a student looking for a teacher.

$500k hard on a deal. Closing scheduled in weeks. 1031 upleg for buyer. $2.5m tax hit if he doesn't close.

Seller killed himself over the weekend. 55 years old. A scrapper in good health (from what I could see) that started with nothing and made it.

I really liked the guy but I could tell there was something eating at him.

Last week he was confiding in me he didn't know what he was going to do with himself after the center closed.

I tried to remind him he'd have $4m after tax and a blank calendar. That's the kind of problems 99.999% of the world would kill to have.

But you never know what is happening between someone's ears. But his dad just died and his brother had a stroke. Now this. All within maybe 120 days. That poor family.

Anyone have any idea what happens when a seller dies, there's no will, no attorney anyone knows of, $500k is hard, and buyer has a huge tax hit if it doesn't close on time?

It isn't always because people have money problems. He made it to the top of the mountain. And must have decided that's all there was.

He was a great guy. I sold him his first center and always took pride in his success. Never thought this was how the story ended.

[Stan Falk @StanFalk]

@boomboom3035 @JillianMichaels Ok boomer

[Stan Falk @StanFalk]

Can we start un-normalizing fetishes?

It doesnt have to be Mormon style but there’s a point where we should be able just call it mental illness.

The fact that she ate his butt easily makes her a skank and is reasonable doubt.

Don’t ever expect anyone to take a butt licker seriously. And he didn’t even have to buy her a drink first?

She didn’t need talked into it

[Stan Falk @StanFalk]

@ValerieAnne307 @MustangMan_TX Just bc your too old doesn’t mean the kids can’t have their fun

[Stan Falk @StanFalk]

Update here. One asset owned in an LLC and the other owned personally.

He left a handwritten will and videotape saying it goes to his brother.

I spoke to his brother today. I can’t rewind the clock. He’s a carpenter with no experience in CRE or law.

It’s a midstream value add project. Buyer is a friend of mine and fortunately not the type that would look to take advantage of a bad situation.

I can’t say that for all of them…

Sounds like with the will the intent was clear so shouldn’t be hard to sort out if we can get in front of the right people.

Buyer is also an attorney and the title guy is another friend and attorney.

We’re all going to school in this to some degree but not starting from zero.

It’s in everyone’s interest, especially the brother, that we get it across the line.

If it was easy…

[Stan Falk @StanFalk]

@moseskagan That’s why C students end up owning businesses. They had to scrap.

[Stan Falk @StanFalk]

He’s the heir to Kirk. Arguably more likely influential.

Kirk reinforced old ideas. Fuentes blow a hole the size of Kansas thru the Overton Window.

Kirk didn’t change the debate. Fuentes rewrote American politics.

People that would argue he’s a nobody simply aren’t paying attention to the world around them.

[Stan Falk @StanFalk]

I like him, just not as president. Call it superficial all you want, but the candidate really does need to be an alpha-chad this time.

The GOP will struggle with female voters as they always do. But a very sizable portion of that bloc cannot process even basic policy discussions but will vote for candidate they think is "hot"

And that's a key difference in the sexes. We see beauty and assume she probably never had to be competent.

Women see "handsome" and assume he must be competent. Women lack the basic knowledge to judge male competence in most fields. Looks are their proxy.

I like Rand, but he ain't the one.

[Stan Falk @StanFalk]

@johnstaff I'm on it like a hobo on a ham sandwich. Talked to the brother today. He's got a handwritten will and a video stating he was of sound mind.

[Stan Falk @StanFalk]

@CaProbateAtty Thx!!!! So we are looking for "special admin."

[Stan Falk @StanFalk]

@SacksRealEstate Is the collateral a pound of flesh?

[Stan Falk @StanFalk]

@BednarikMatt "I play real sports. I'm not trying to be the best at exercising"

Who said it?

No way I'd run a marathon. I will however ski, mountain bike or surf for 4-6 hours.

[Stan Falk @StanFalk]

@axelcody9 @MelanieSushi22 @ComicDaveSmith If it makes you feel better, but it won't help them.

[Stan Falk @StanFalk]

@RetailBrokerHTX Didn't know "pansexual" was even a word in Hunter's time.

[Stan Falk @StanFalk]

@Jtodd601 I wanna still like o keefe and Gaetz but even being in that roster is suss

[Stan Falk @StanFalk]

The things about a corporate RE guy is they don’t necessarily watch the market like brokers and investors.

They probably spend their time on buildouts and facilities management rather than acq and dispo

That said, I knew how INT affected value before I was ever even in the business.

[Stan Falk @StanFalk]

@thevraa @RealEstateRahul You serious?

[Stan Falk @StanFalk]

@johnstaff That’s actually encouraging. Buyer has till end of Feb to close.