Patrick Olson

Father, husband, rock climber. Acquiring & developing high-performance industrial real estate in the Upper Rockies.

[Patrick Olson @NewHopeLuke]

@zachware 🙏🏼🙏🏼🙏🏼

[Patrick Olson @NewHopeLuke]

@zachware Their whole business is just a bunch of smoke and mirrors littered with ways to make you buy crap you don't need. So frustrating.

[Patrick Olson @NewHopeLuke]

@zachware @pitdesi Never say never I guess...

[Patrick Olson @NewHopeLuke]

@zachware Got your birthday gift figured out!

https://t.co/MJaL5QCmUi

[Patrick Olson @NewHopeLuke]

@zachware @FoundersPodcast That sucks

[Patrick Olson @NewHopeLuke]

@zachware @moseskagan And we still got the deal done...

[Patrick Olson @NewHopeLuke]

@CREHiddenAlpha Depends on your goals but we avoid them unless we can buy them all. Dealing with an association has a lot of risks and limits exit potential. There are better deals.

[Patrick Olson @NewHopeLuke]

@CREHiddenAlpha You have to compete then in other ways (price, concessions, etc). Work with the broker to understand what the tenant liked/disliked and why they may have chosen another property. That feedback is useful so leverage the situation.

[Patrick Olson @NewHopeLuke]

@mhp_guy The Silver Stamp is such a cool retro bar concept in the Art’s District. Great decor and vibes if you want a drink.

[Patrick Olson @NewHopeLuke]

@mhp_guy I always recommend off Strip but you’ll need to Uber. Vesta coffee downtown, Esther’s Kitchen for lunch or dinner, PublicUs is such a cool spot for coffee and food too. Ramen Sora and Gabi coffee/bakery in China Town. Hot and Juicy is a classic crawfish boil spot which is fun.

[Patrick Olson @NewHopeLuke]

@CREHiddenAlpha We have our Table A requirements we have as a minimum then I always work with the engineer on each acquisition to ensure we have all our bases covered. A skilled engineer knows what to look for regarding the area the property is located and your plans (i.e. adding new buildings)

[Patrick Olson @NewHopeLuke]

@CREHiddenAlpha Do you explicitly provide them with the Table A items you want? If not, they are probably making general assumptions for you and hence the greater variability. We have strong requirements so we are usually on the higher end of the prices you are showing.

[Patrick Olson @NewHopeLuke]

@SFR_Investor I found this a great read and perspective: The Gift of Failure by Jessica Lahey

Also, trust your instincts. Lots of info out there that can be overwhelming.

[Patrick Olson @NewHopeLuke]

@zachware Consistency! 🤜🏻💥🤛🏻

[Patrick Olson @NewHopeLuke]

@zachware @NNNIncome @antonia_mdprjct Always down for a Knights game! ⚔️⚔️⚔️

[Patrick Olson @NewHopeLuke]

@shawngorham You need to meet my friend, JJ! This is his company which specializes in exactly what you're looking for: @TravelWealth_us

[Patrick Olson @NewHopeLuke]

@CREHiddenAlpha If interested, DM me your email and I'll intro

[Patrick Olson @NewHopeLuke]

@CREHiddenAlpha Might want to try working with a broker to open up options. Not sure if that size is too small but I've talked with this company a bit. Disclaimer, I haven't closed a deal with them but otherwise positive experience: https://t.co/TFtD2TdsNL.

[Patrick Olson @NewHopeLuke]

@CREHiddenAlpha What market?