|
05-25-2016, 11:54 AM | #29173 | ||
YouTube.com/TvTara
6435
Rep 4,714
Posts |
Quote:
__________________
|
||
Appreciate
0
|
05-25-2016, 11:55 AM | #29175 | |
Skittles, OT OG
2343
Rep 649
Posts |
Quote:
Yay |
|
Appreciate
3
|
05-25-2016, 11:57 AM | #29176 |
Major
1635
Rep 1,422
Posts |
^this is sum Bama sheit rite their
|
Appreciate
2
|
05-25-2016, 11:58 AM | #29178 | |
Major
1635
Rep 1,422
Posts |
Quote:
|
|
Appreciate
1
|
05-25-2016, 12:00 PM | #29179 |
Major
1635
Rep 1,422
Posts |
Your Patels motels is much better than my buddy's Patels motels. He's stuck in a non casino property in AC (business travel type motel) and having a tough time.
|
Appreciate
1
|
05-25-2016, 12:02 PM | #29181 |
Major
1635
Rep 1,422
Posts |
Btw, you guys remember when I almost burst a blood vessel in the politics thread? There were a could dudes that spelled like the above. Both were Trump supporters. I was like:
|
Appreciate
1
|
05-25-2016, 12:03 PM | #29182 |
Major
1635
Rep 1,422
Posts |
|
Appreciate
1
|
05-25-2016, 12:04 PM | #29184 |
Major
1635
Rep 1,422
Posts |
Now THATS commitment.
|
Appreciate
1
|
05-25-2016, 12:05 PM | #29185 | |
Lofty
3476
Rep 849
Posts |
Quote:
Management is where the money is at. A lot of people are defaulting, and banks need people to manage and make properties desirable to buyers
__________________
F30 335 (FBO and BM3 OG)
991.2 C2 Range Rover Sport Diesel I4 M50 (coming soon) |
|
Appreciate
0
|
05-25-2016, 12:11 PM | #29186 | |
Major
1635
Rep 1,422
Posts |
Quote:
One is doing well. One is break even. The third is millions upside-down. The economic downturn and the opening of parx and the NY casinos really killed the AC market. |
|
Appreciate
1
|
05-25-2016, 12:12 PM | #29187 | |
Skittles, OT OG
2343
Rep 649
Posts |
Quote:
What can I say? I love my OTers. |
|
Appreciate
2
|
05-25-2016, 12:14 PM | #29188 | ||
Lofty
3476
Rep 849
Posts |
Quote:
Hence, we've been trimming the fat and going to management more so than outright ownership.
__________________
F30 335 (FBO and BM3 OG)
991.2 C2 Range Rover Sport Diesel I4 M50 (coming soon) |
||
Appreciate
0
|
05-25-2016, 12:20 PM | #29189 | |
Major
1635
Rep 1,422
Posts |
Quote:
Not sure about your generation (probably same as mine), but I'm a helluvalot more scared of the entitled teens whom are all about social media, instant gratification, and being sheltered to death starting to vote. I've got a few acquaintances with teens and they come from decent families. The kids have no idea what hard work is. They all want to save the world - which is great - but they have no concept of what money is or what work is. It scares me. Layer on top of that hipsters. Oy oy oy. Edit: no more politics. Putting my head in the sand. |
|
Appreciate
1
|
05-25-2016, 12:22 PM | #29190 |
is probably out riding.
6059
Rep 2,292
Posts |
Wow. If they're willing to give you an F82 for your poor erection, i'm curious to know what you'd get for an outstanding erection.
__________________
"There is no greater tyranny than that which is perpetrated under the shield of the law and in the name of justice. -Charles de Secondat"
|
Appreciate
2
|
05-25-2016, 12:22 PM | #29191 | ||
Know's a guy that know's a guy...
5645
Rep 1,905
Posts |
Quote:
I am evaluating 2 large deals in Charlotte right now.... Occupancy Rate and RevPAR are off the charts. |
||
Appreciate
0
|
05-25-2016, 12:23 PM | #29192 |
Major
1635
Rep 1,422
Posts |
Smart move...similar to big companies selling property and doing lease backs. Creates instant cash flow, reduces liabilities. Maybe a bump in opex, but it's often a favorable LT solution.
|
Appreciate
0
|
05-25-2016, 12:24 PM | #29193 |
is probably out riding.
6059
Rep 2,292
Posts |
__________________
"There is no greater tyranny than that which is perpetrated under the shield of the law and in the name of justice. -Charles de Secondat"
|
Appreciate
2
|
05-25-2016, 12:25 PM | #29194 |
Major
1635
Rep 1,422
Posts |
Is there that much inefficiency in the market that these aren't baked into the price? There must be a huge premium right?
|
Appreciate
0
|
Bookmarks |
|
|