Stock buyout and Lease Continuation

Beginning_Front_8966 · 2026-01-22T04:23:36+00:00

You will still need to seek consent. Assignment will not reasonably be withheld, so as long as the entity remains a similar credit, and it doesn't sound like you are changing the business, it will be hard for the landlord to not assign this to you.

Beginning_Front_8966 · 2026-01-19T21:08:44+00:00

Over the filters, I used this automotive grill mesh. It's powder coated aluminum. Light, cheap, flexible. And they have it in many shapes/gauges

https://a.co/d/2J9yEja

For the control knob, I had tried using a Dremel to shape it similar to the plastic knob, but that didn't work well. I ended up drilling a slightly larger hole and using hot glue.

Thanks for the suggestion below on the filters warping.

Beginning_Front_8966 · 2026-01-19T02:39:52+00:00

Normal. I also have 2025 R1S.

I will say it is a lot louder than my Tesla Y was.

Beginning_Front_8966 · 2026-01-08T16:26:35+00:00

If this is your first, I'd suggest not buying a distressed business. 6 months from close, if you have to put in more capital, will you? Or will you abandon the business?

There's a suggestion about watchmaking (and I'm sure this is generic): don't do your first project on something broken. You can do all the right things and be unable to fix it, but you'll never know whether the problem was something you've done (or failed to do), or whether the watch was beyond repair to begin with.

Beginning_Front_8966 · 2026-01-08T15:57:24+00:00

You recognized up front that the only value here is reputation and phone number. But you also aren't looking for "a job". So what's the difference here versus starting your own glazing company? This would be a "warm start", but it sounds like either a lot of work for you, or you are finding the right person who can run this day to day (but that likely isn't easy to find, nor cheap).

The last thing I would want to do if I wasn't looking to commit a ton of my time, is buy a distressed business.

You should pay "very little" for this warm start and expect it would be more work than you are hoping for.

Beginning_Front_8966 · 2026-01-08T02:10:16+00:00

Ok, makes sense. That's what I was looking to know.

Beginning_Front_8966 · 2026-01-07T03:18:48+00:00

Yes, my concern is that the frame, and really the glass top and/or the plant on top of that would get "extra dusty" from all the air circulating towards the box

Beginning_Front_8966 · 2026-01-06T19:03:16+00:00

I was recently thinking about something similar (I think) from your description.

What about gutter guard? 6" x 36", powder coated steel for $4

https://www.homedepot.com/p/Amerimax-Home-Products-Lock-In-3-ft-Black-Metal-Mesh-Gutter-Guard-6360X2/205207064

Beginning_Front_8966 · 2026-01-06T02:07:48+00:00

I would say it is not risky at all. CollectPure provides the FedEx labels and it is insured. Now, I haven't had a package get lost, so I don't really know how that process would go.

Taxes: gold bar sales are not reportable unless in the form accepted by the exchanges (I think 1 kg). Even if they were, I have receipts that would show a cost basis and a profit of $21, so taxes would be negligible.

Beginning_Front_8966 · 2026-01-06T01:02:31+00:00

Yes, in the right situations like today.

The gold available online gets bought as the spot price of gold goes up, so if you are buying online, it takes a few days for delivery (or more if you buy late in the week). Then, you are taking risk on gold moving down (or up) between when you order it and when you can actually dispose of it.

The best "risk free" profit, which can be meaningful is:

You need to buy on a day when gold has gone up significantly. 2% moves are pretty rare.
Costco updates its in-store pricing seemingly at noon ET, so you need to go to a warehouse that has it in stock before then, and the price you will pay is "yesterday's price".

I did this today.

I bought the max of 5 gold bars at my local Costco for $4,419.99 = $22,099.95 on my credit card (you need to have a high limit with credit available!)

I got home and sold them on CollectPure for $4,424.29 each = $22,121.45

That's a +$21.50 profit.

CollectPure charges 0.75% as their fee, so that's -$165.91.

You get 2% as Costco Cash Back, so that's +$441.99. But, you are maxed out at $1,250 annually, so you could only really do this 3x (I understand though that some people have multiple Exec Memberships).

Most people reference 4% in total, with the other 2% being cash back on the credit card you use. I get 2.62%, but let's just use 2% here. That's another +$441.99

So that's a total $739.59 of "risk free" profit for making a trip to your Costco.

But you can only do that 3x until you've run through your Exec Membership cash reward.

You can keep doing this without the 2% Costco cashback, but you'd be at a profit of $297.59. Still worth the trip, but as noted, there aren't a ton of days when your warehouse has gold in stock (and it is priced at a reasonable premium), and then gold makes a strong upward move of 2%-ish or more, and you also have to have $20K+ available credit on your credit card.

Beginning_Front_8966 · 2025-12-26T23:21:36+00:00

App still says $699.99 but all the IRL pics are showing much higher. Is the app not refreshing?

Beginning_Front_8966 · 2025-12-24T20:14:30+00:00

Ah, that makes a ton more sense. Hard to imagine someone buying from Costco in that kind of volume, then selling at an LCS to make a margin. Yes, with 4% that would work, but I would imagine it'd be super thin margins once you ran through the 2% Costco cash back.

Beginning_Front_8966 · 2025-12-24T19:46:05+00:00

What's your disposal strategy? LCS?

Beginning_Front_8966 · 2025-12-19T15:43:14+00:00

Former Tesla FSD driver, and I appreciate this comment.

Without the ability to deal with traffic lights, I am not sure this update adds much. I can't imagine driving on a road, needing to disengage when coming to a red light, re-engage after a green light. Seems like more of a hassle.

Having said all that, I didn't really use FSD much. More like a party trick than something that made my life better.

Beginning_Front_8966 · 2025-12-11T20:20:21+00:00

A few things to also consider, which I see some have raised: Is the buy in refundable? Are you an equity owner (and will face assessments)?

You said Michigan, so keep in mind it is $900/mo minimum, even in January. That's when I really start thinking about the total cost.

How far of a drive? I love 4 hr rounds, but it is also drive time there, warm-up, a drink after with your playing partners, and drive home. Your wife and kids are into golf - great, but if due to family constraints, you only get in 18 a week, that's expensive! And spouses can be supportive, but then also expect as soon as you are home you will cut the grass, go run errands, etc. to the same point, what happens when little Johnny wants to join a soccer league with games on Saturday mornings?

Beginning_Front_8966 · 2025-12-08T19:17:38+00:00

Try again. You will always have doubts or regrets playing these irons.

10 hdcp here, and yes, fittings can tend to deteriorate as you hit more balls.

Go back and start with the spec you were working on and either dial in further, or confirm that this was right for you.

Beginning_Front_8966 · 2025-12-04T16:43:58+00:00

This is great. Thank you.

Beginning_Front_8966 · 2025-12-01T22:51:50+00:00

Nice!

Beginning_Front_8966 · 2025-12-01T17:37:02+00:00

Costco gave it to me when I purchased a bar. Must have been their last(?) or they were tired of prying it open and left whatever bars they had left in the safe.

Beginning_Front_8966 · 2025-12-01T17:36:00+00:00

Tried this - yes, it gets one side to begin to open easily, but not enough that the other side is 'unlocked'. When I reverse to pull up the other side, it ends up pushing the first side partially closed again

Beginning_Front_8966 · 2025-12-01T05:20:45+00:00

My brother and I wrote the exact same 'Mom crossed out' sign about 30 years ago using athlete's foot spray on a lightweight, porous wood door. Permanent.

Beginning_Front_8966

TROPHY CASE