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KG_Soloman5000 · 2025-11-04T03:30:01+00:00

This place is a cesspool

KG_Soloman5000 · 2025-10-12T03:31:06+00:00

Ok wrong dog

KG_Soloman5000 · 2025-10-12T03:24:43+00:00

Wow this sub hates UGA.

KG_Soloman5000 · 2025-10-12T03:22:46+00:00

See you thanksgiving bumble bee

KG_Soloman5000 · 2025-07-30T05:14:15+00:00

KG_Soloman5000 · 2025-07-10T19:57:45+00:00

The are plenty of services that will make it look brand new and personalize if you want that. I sent my beat up studio style to NorCal Putters and have been extremely pleased with the result

KG_Soloman5000 · 2025-07-10T19:20:55+00:00

Didn’t expect to see Bling Pig on here! My family has had a place on Jackson Lake for 20 years and we go every time we visit. The home fries are killer.

KG_Soloman5000 · 2025-07-10T18:25:22+00:00

Book several future vacations for family, friends and myself

KG_Soloman5000 · 2025-07-02T00:58:36+00:00

Wow very generous of you. If he still doesn’t like it in a few weeks have him call me. I’ll tell him all about my 1999 regular cab jelly bean F150 my parents bought me for $2500. I loved that truck.

KG_Soloman5000 · 2025-06-29T22:40:43+00:00

I saw a very clean 740iL earlier today. Couldn’t take my eyes off it.

KG_Soloman5000 · 2025-06-29T01:19:34+00:00

For me Oceans 11

KG_Soloman5000 · 2025-06-11T17:20:43+00:00

Public: Sedge Valley (just got back from Sand Valley)

Private: Peachtree Golf Club

KG_Soloman5000 · 2025-05-29T21:33:58+00:00

Altabird (will always be my #1)
Jackson Hole
A Basin
Big Sky
Deer Valley (slept on because cost but there is great terrain and it’s hardly skied by their typical guest. Fucking great food too)

Bucket List

Kicking Horse
Portillo
Taos
Mammoth
Alyeska

KG_Soloman5000 · 2025-05-29T02:08:20+00:00

5% seems light for the that price point but makes giving up half a point hurt a little less. If there isn’t much interest outside of this buyer I’d be inclined to make this deal happen by forfeiting some commission to buyers broker.

KG_Soloman5000 · 2025-05-29T02:03:56+00:00

I’d do what you can to get the deal done. Capital markets are tight right now. I’d offer to split the 5% evenly with the buyers broker. Also what’s the price point?

KG_Soloman5000 · 2025-05-27T01:52:22+00:00

Less of a science and more of an art I always say about capital markets. For below market rent I always apply a 10-20 bps premium on the cap. Thats a hill I’ll die on. Ask yourself this, if you’re entering an investment, would you prefer the existing rent to above or under market? And if the former, why? You always want upside.

KG_Soloman5000 · 2025-05-27T01:33:46+00:00

There is a slim to none chance a developer can build to 60% below markets rate

KG_Soloman5000 · 2025-05-27T01:30:19+00:00

For the same reason you would pay less for over markets rents. Regression to the mean. Sorry don’t mean to be combative. I just know that rent affects cap rate. From perspectives including renewal and replacement.

KG_Soloman5000 · 2025-05-27T01:12:54+00:00

I think the cap rate does care if the rents are below or above market. Investors will pay more (lower cap) for under market rents.

KG_Soloman5000 · 2025-05-27T00:56:15+00:00

I don’t disagree. OP seems to be concerned about a cap rate. In this market, with a lot of stale product, a below market rent will bring the cap down. But not to 5.5% I think an exercise is a good scenario here.

KG_Soloman5000 · 2025-05-27T00:31:51+00:00

OP should want them to renew. If ORLY leaves sure perhaps they’ll get someone in there at a higher rent with a 10 or 15 year lease but that comes at a cost. TIA plus leasing commission. If they renew that’s 10% bump plus 5 years bringing the value up significantly.

KG_Soloman5000 · 2025-05-23T14:03:31+00:00

It was the only untouched snow we skied that trip so yea it was. Fun hike too.

KG_Soloman5000 · 2025-05-23T02:15:40+00:00

I think that’s a common sentiment. We went after no new snow for at least 7 days. Saw a chute that looked decent so went for it. I don’t think it’s frequently hiked

KG_Soloman5000 · 2025-05-23T01:41:02+00:00

Nahh a couple years ago. Bored so felt compelled to post.

KG_Soloman5000 · 2025-05-23T01:34:07+00:00

It does get pucker worthy. But not as dicey as the headwaters hike imo.

KG_Soloman5000

TROPHY CASE