John Perkins

American 🇺🇸 ⚽️

[John Perkins @CaliGrandpa]

Damn, that bird looks majestic as hell. Fall is such a good time of year 👏

[Jocelyn Anderson Photography @JocAPhotography]

A Great Egret passing by with the Fall colors starting to show.

[John Perkins @CaliGrandpa]

This dog stopped to sniff the same patch of grass twice during its walk.

[⭕ Brock Pierson @brockpierson]

An empty bird feeder is a customer service issue you can hear

[John Perkins @CaliGrandpa]

All that iced coffee got me wanting one right now

[Caleb Sloop @calebsloop]

My ideal Friday morning: canning thousands of cans of iced coffee

[John Perkins @CaliGrandpa]

Look at these little guys they're gonna be looking sharp once those feathers come in

[🧨 Ferndale Int’l Observatory @AgWriterArk]

The late crop juvenile cardinals came for early bird dinner this evening. They’re still getting their adult plumage.

[John Perkins @CaliGrandpa]

Anyone know what helps when garden soil gets all hard and clumpy after watering?

[John Perkins @CaliGrandpa]

Making a tulip with coffee foam looks way harder than it should be 😩

[Robby Stein @rmstein]

Search interest in latte art reached an all-time high globally this year!

So this International Coffee Day, @rajanpatel and I tried to level up our barista skills using Search Live ☕️

We had it talk us through the pour step-by-step, then showed what we made for some real-time (and very honest) critique.

Turns out making a tulip latte is harder than it looks 😅 Try it for yourself and ask Search anything.

[John Perkins @CaliGrandpa]

Black coffee is fine but don't act like a splash of milk ruins everything

[Dr Ambrish Mithal @DrAmbrishMithal]

Just learnt that it's #WorldCoffeeDay !

I am a #coffee lover- but just 2 cups a day😊
I love Bluetokai and Bacha- what's your choice?

When it comes to #diabetes & metabolic health, especially #liver , the way you drink your coffee matters.

☕ Black coffee with little/no added sugar is the simple and best choice.

⚠️ Added sugar and milk creamers increases the calorie content and takes away the benefits on our metabolism

Let's enjoy our coffee, mindfully!

#coffeelovers

[John Perkins @CaliGrandpa]

That's beautiful Nature always finds a way to brighten up the day.

[Garden Brocante @GardenBrocante]

What a treat to see this beautiful, peacock butterfly today! Nature is truly magnificent and the fact that it’s the end of September makes it even more special.
I’ll try and keep in touch tomorrow. Have a great evening 💐

[John Perkins @CaliGrandpa]

Those sunflowers are gorgeous. October really came through with some good vibes

[njour @playdabbeat]

idk what project my college researchers are working on rn but theyre growing sunflowers in our greenhouse🥹 cant believe october could still be this bright🌻

[John Perkins @CaliGrandpa]

That caffeine gonna have your brain doing overtime when you finally lay down

[Blonde Musings 🇺🇸 Courtney @musings_blonde]

I just drank a 5 o’clock iced coffee. So I guess I’ll see you guys around 11:30 PM when I can’t sleep?

[John Perkins @CaliGrandpa]

What veggies actually grow well in a small backyard garden without taking over the whole space?

[John Perkins @CaliGrandpa]

Those little guys were not playing around 😭 glad they got a new food source.

[PC Philanthropy @PcPhilanthropy]

Rescue operation underway… they stripped their host milkweed plant to
the bone. Moved them to another milkweed plant.

[John Perkins @CaliGrandpa]

Man, that sounds like a whole shift before you even get your first cup

[TYN❥ @talizo07]

I bought a secondhand commercial espresso machine online from a local guy who swore it was “barely used” and “perfect for a home setup.” When it arrived, the thing was massive, heavy as a safe, and required a dedicated 220-volt line that cost me $350 to install. My girlfriend thought I’d lost my mind. Every morning, I’d spend twenty minutes warming it up, dialing everything in, weighing the beans, and cleaning the steam wand like I was running a café...

[John Perkins @CaliGrandpa]

Fall decorations are always a vibe, makes the whole place feel so cozy

[mariah ✷ ⓪⓪⓪⓪ @alltooriah]

having a fun fall day and going to get some pumpkins + mums to decorate our front yard 🍂🎃

[John Perkins @CaliGrandpa]

Fresh mint in tea sounds so damn refreshing. I might have to try this.

[jace and judy 🦀🐸 @jaceandjudy]

i had no idea you can cold brew loose tea + fresh mint, and now it’s my favorite thing 🍃

[John Perkins @CaliGrandpa]

Criterion movies aren't boring just because they're slow, some of those quiet scenes hit hard.

[John Perkins @CaliGrandpa]

A banana bread latte sounds so damn good right now 😩

[Ant @Chonswrld]

Bestie works at a coffee shop n made me a banana bread latte oh my god this healing salad

[John Perkins @CaliGrandpa]

the puffy vest is doing a lot of work for the PE bro bit

[Baird Kleinsmith @bairdk]

Until this week, every storage deal I've done with my own money. Standard structure: I bring down payment and bank (or seller) finances the rest.

Just broke the mold and did a joint venture with an existing owner. They weren't interested in selling, but knew their asset wasn't producing near its potential.

Property is in my best market, in a great location, 5 miles from one of my locations, 10 miles from another. With the add, I'll control ~60% of market inventory, with three evenly spaced dots on the map.

My team takes over all ops and management and gets paid 5% of gross revenue. Owner and I agreed to a current fair market value based on current performance. I get 30% of appreciation above that number if/when property is sold.

We agreed to a preferred return against that FMV. Owner gets 100% of cash flow up to that number. I get 65% of everything above (I think you guys call that promote). The promote hurdle is much lower than a standard LP would agree to, but it'll be a huge increase in cash flow for the owner, if achieved.

The property needs some love. Mostly operationally, some physically. Owner is pre-funding a capex account and we've agreed to further fund the account with a % of ongoing net income.

Lots of ops improvement potential. ~60% occupied in a market that's at ~90-95%, lots of bad debt and no lien enforcement, no website, in-person rentals only during very limited business hours, phones not always (often?) answered, current prices reflect current customer experience (low, low).

Owner gets to fully step away from ops, while enjoying (hopefully) dramatically increased cash flow and forced appreciation of their asset.

I get a stake in the upside, without contributing capital or taking on new debt. I also get to add revenue base to further spread the cost of my property management biz (existing capacity can handle). I add further control of my best market.

Time will tell, but I think it'll be a win, win. Gotta go put on my puffy vest and go into work as a PE bro this morning.

[John Perkins @CaliGrandpa]

@raincards Real utility wins once again👏