@realEstateTrent Don’t forget. That’s on the good deals. Now tell everybody about the crash and burns and how the pref kills you if the dominos don’t fall.
@kenmcelroy I don’t make that kind of $. Don’t need to. I work for my kids trusts, my kids, my employees and those that take care of me. Thinks about it this way: when my wife divorces me and I give her 50% of everything I have, is she really going to she going to sue her kids?
@ElonGerberg Not going to happen. That means more out of pocket for buyer. Give that advice to one of my clients and when they’re done laughing they say next to me.
@jandreini1 Part of learning how to protect yourself and trying to make sure it only happens once. Every rule has a name for who broke it. Don’t blame me for my rules, blame the guy who the rule is named after.
@jandreini1 C21 lease w headquarters consent. Last day I got a letter it was turned down (this C21 had 80 offices). BS. They used my lease to negotiate a better deal.
@realEstateTrent I don’t look at a deal’s projections as much as I look at the operators track record and I usually watch from the sidelines for a few deals before I invest. Much safer in my mind.