05-25-2016, 10:54 AM | #29173 | ||
YouTube.com/TvTara
![]() 6442
Rep 4,714
Posts |
Quote:
__________________
|
||
Appreciate
0
|
05-25-2016, 10:55 AM | #29174 | |
Dismembered Member
![]() 3656
Rep 9,213
Posts |
Quote:
![]()
__________________
|
|
Appreciate
1
|
05-25-2016, 10:55 AM | #29175 | |
Skittles, OT OG
![]() 2353
Rep 649
Posts |
Quote:
Yay |
|
Appreciate
3
|
05-25-2016, 10:57 AM | #29176 |
Major
![]() ![]() 1640
Rep 1,422
Posts |
^this is sum Bama sheit rite their
|
Appreciate
2
|
05-25-2016, 10:58 AM | #29177 |
Dismembered Member
![]() 3656
Rep 9,213
Posts |
OMG I can't breathe!! You two are hilarious.
![]() Taken mi bak too my ruts.
__________________
|
Appreciate
2
|
05-25-2016, 10:58 AM | #29178 | |
Major
![]() ![]() 1640
Rep 1,422
Posts |
Quote:
|
|
Appreciate
1
|
05-25-2016, 11:00 AM | #29179 |
Major
![]() ![]() 1640
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, 11:00 AM | #29180 |
Dismembered Member
![]() 3656
Rep 9,213
Posts |
It's already slammed!
Recent pic. ![]()
__________________
|
Appreciate
2
|
05-25-2016, 11:02 AM | #29181 | |
Major
![]() ![]() 1640
Rep 1,422
Posts |
Quote:
![]() |
|
Appreciate
1
|
05-25-2016, 11:03 AM | #29182 |
Major
![]() ![]() 1640
Rep 1,422
Posts |
|
Appreciate
1
|
05-25-2016, 11:04 AM | #29184 |
Major
![]() ![]() 1640
Rep 1,422
Posts |
Now THATS commitment.
|
Appreciate
1
|
05-25-2016, 11:05 AM | #29185 | |
Lofty
3509
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, 11:11 AM | #29186 | |
Major
![]() ![]() 1640
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, 11:12 AM | #29187 | |
Skittles, OT OG
![]() 2353
Rep 649
Posts |
Quote:
What can I say? I love my OTers. |
|
Appreciate
2
|
05-25-2016, 11:14 AM | #29188 | ||
Lofty
3509
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, 11:20 AM | #29189 | |
Major
![]() ![]() 1640
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, 11:22 AM | #29190 |
is probably out riding.
![]() 6064
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, 11:22 AM | #29191 | ||
Know's a guy that know's a guy...
5654
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, 11:23 AM | #29192 |
Major
![]() ![]() 1640
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, 11:24 AM | #29193 | |
is probably out riding.
![]() 6064
Rep 2,292
Posts |
Quote:
![]()
__________________
"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, 11:25 AM | #29194 |
Major
![]() ![]() 1640
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 |
|
|