PawnShopPro

Chain of Pawnshops/Commercial Real Estate Development/NNN Landlord

[Don Durrett - goldstockdata.com @DonDurrett]

It's even worse for large silver discoveries (>100M oz). Those have become unicorns. 😳

[Michael Burry Stock Tracker ♟ @burrytracker]

Breaking: Pawn shops are outperforming banks

If you didn't know, pawn shops are the "bank" for lower-income consumers:

• They lend when traditional banks won't
• They profit from rising gold and silver prices
• They see increased activity during economic stress

Historically, spikes in this ratio have preceded difficult market periods

[Barrett Linburg @DallasAptGP]

Way back, we bought 100 units in a rougher neighborhood.

Kids kept bending the wrought iron fence bars to break into vacant units.

We put Crisco on every bar.

No break-ins after that. Kids didn’t want to mess up their clothes climbing a greasy fence.

Cheaper than off duty police

[PawnShopPro @PawnshopPro]

@ChrisRamsey60 What is cost to build per sq foot?

[PawnShopPro @PawnshopPro]

@LuxuryWatchGuy1 Curious what type of people are buying these. Job and income level?

[PawnShopPro @PawnshopPro]

@gas_biz @StealthQE4 Strip clubs usually give change in $2 bills high probability they originated there.

[PawnShopPro @PawnshopPro]

@offdxan So no tax on tips is a scam because these people are for the most part not paying any tax whatsoever.

[PawnShopPro @PawnshopPro]

@TerenceWeir Show me the whole piece good chance I can tell from a picture.

[PawnShopPro @PawnshopPro]

@roblabonne Here in the South most the small stores are Piggly Wiggly or IGA franchises. Are they in same category?

[PawnShopPro @PawnshopPro]

@realEstateTrent Post the letter or it didn’t happen

[PawnShopPro @PawnshopPro]

@RichardCabezza Look hard to fake thats what we like

[PawnShopPro @PawnshopPro]

@Wordsarewordsz Yea dat retirement

[PawnShopPro @PawnshopPro]

@AppyOrtho False. One of the biggest holidays of year. Means Beer, Hotdogs, Beach, and Family Reunions.

[PawnShopPro @PawnshopPro]

@LoganARobison Not that dumb of idea. Usually good store of value. Seeing all the comments saying your wife knows best is nonsense. She may know best when it comes to nurture. the father sets expectations. Old symbols of success mean alot to the next generation, even if it means nothing now.

[PawnShopPro @PawnshopPro]

@jcolesimpson Sounds like the lead up to every vacation, since I have been in business.

[PawnShopPro @PawnshopPro]

@realEstateTrent Like less than 1 percent if the company is following the law. One of the most highly regulated industries in every state.

[PawnShopPro @PawnshopPro]

This is why we dont take credit cards. Used to deal with this every week. https://t.co/ZfIKLA2qoC

[PawnShopPro @PawnshopPro]

Victims:
How do victims typically handle it?
Right leaning individuals typically buy the item back for what we paid to acquire it. And move on.
Left leaning: want to get Police involved and drag it out in order to make everyone suffer as much as possible.

[PawnShopPro @PawnshopPro]

What happens when you have something stolen and it ends up at a pawn shop???

A case study: typically it’s someone related to you or friend.