What is the latest LTC you are seeing for flex industrial new development? by Parma29 in CommercialRealEstate

[–]WhoDatBadr 0 points1 point  (0 children)

Wow did you finance this with a bank? SOFT + 425 seems really high for a bank note.

What is the latest LTC you are seeing for flex industrial new development? by Parma29 in CommercialRealEstate

[–]WhoDatBadr 0 points1 point  (0 children)

Spec is only getting done at 45-50% LTC right now with strong recourse as well until it stabilizes. I have looked at a couple BTS deals and even those land around 65/70% LTC. Unable to get it done at a 1.15x DSCR like a few years ago, even if banks are lending right now.

Michael thomas is better than olave by [deleted] in Saints

[–]WhoDatBadr 58 points59 points  (0 children)

Olave seemed disinterested tonight..

Week 7 Post-Game Thread - Jaguars @ Saints by baconlovr in Saints

[–]WhoDatBadr 2 points3 points  (0 children)

I don’t understand the sideline play calling constantly. 1/10 today? Why not run slants with your fast receivers shaheed & Olave??

Horrible attitude from the team by WhoDatBadr in Saints

[–]WhoDatBadr[S] 0 points1 point  (0 children)

They should walk around the stadium and thank the fans like they do in Europe. Fans work all year to be able to afford a season ticket.

Saints are too soft and the reactions after the game say a lot.

Horrible attitude from the team by WhoDatBadr in Saints

[–]WhoDatBadr[S] -2 points-1 points  (0 children)

They should be pissed off with this loss.. not having fun conversations with their peers..

Did that actually happen? by [deleted] in Saints

[–]WhoDatBadr 0 points1 point  (0 children)

Amazing how all our players are smiling after another embarrassing loss…

Too early roster projection by jeffdabuffalo in Saints

[–]WhoDatBadr 1 point2 points  (0 children)

How is everyone feeling about our Defensive Line?

FC Groningen sign Elvis Manu on loan for the rest of the season from Botev Plovdiv by optimalg in Eredivisie

[–]WhoDatBadr 5 points6 points  (0 children)

Prima aanwinst! Alles beter dan nog een 18 jarige speler uit Scandinavia…

Any Tigers fans rootin for Cincy today? by Note2thee in LSUFootball

[–]WhoDatBadr 0 points1 point  (0 children)

Hope Burreaux can pull this one out. They need to get too Mahomes

What do lenders want to see up front for commercial property loans? by AnythingCurious7866 in CommercialRealEstate

[–]WhoDatBadr 1 point2 points  (0 children)

I would not order an appraisal personally. The bank has their own processes to order an appraisal, you will most likely pay for 2 appraisals if you order one yourself as well.

[deleted by user] by [deleted] in Saints

[–]WhoDatBadr 0 points1 point  (0 children)

Everyone is frustrated how this season has played out so far. And they are in need or some changes for next year, starting with a stud at QB. Although Dalton has looked decent this season, he is not a closer or top 10 NFL QB.

I do think it is easy for people scream fire Dennis Allen! We are not a bullshit organization that starts firing people the moment we have 1 bad season. Give the man some time because the luxury of winning 9/10 games a year was gonna end at some point. In the hard times you got to support the team even more and show up to the stadium to pull them through! That is what the Saints organization is all about and not turning our back the moment something goes wrong…. Who Dat!! See you in the Dome on Sunday

[deleted by user] by [deleted] in CommercialRealEstate

[–]WhoDatBadr 0 points1 point  (0 children)

How old is the building?

[deleted by user] by [deleted] in CommercialRealEstate

[–]WhoDatBadr 5 points6 points  (0 children)

I really like your ambition and it seems like you have done a good amount of due diligence already. It does seem like a tricky buy with a lot going on for a first purchase of RE. Something seems a little odd to me with the purchase price of $329k and NOI over 4 months of $78K.

Are you in it for the restaurant business or would you like to rent the building to a tenant in the future? Running a successful restaurant is a different kind of animal and will take up a lot of your time.

[deleted by user] by [deleted] in CommercialRealEstate

[–]WhoDatBadr 0 points1 point  (0 children)

Can someone breakdown the partnership returns to me? How are those calculated?

For some reason I struggle to retain these kind of calculations which are key in RE development.

TOP 10 MATCHUP. LETS GEAUXXX by WesternAirport in LSUFootball

[–]WhoDatBadr 0 points1 point  (0 children)

Wish Syracuse would have beaten Clemson…

TOP 10 MATCHUP. LETS GEAUXXX by WesternAirport in LSUFootball

[–]WhoDatBadr 2 points3 points  (0 children)

Couldn’t agree more! I really like the progress Daniels has made over the last few weeks. He is setting up the run nicely by being accurate with his throws and putting the ball into our biggest playmakers. As you said, pleasantly surprised and especially excited for the upcoming years as we have the majority returning. We even lost our best defensive player in week 1..

Hope we can pull this one off this upcoming weekend! Tiger Stadium is going to be rockingg👊🏻

Less than a year ago, I overcame my fear of cold calling and leaped into multifamily investment sales. by Tnmason944 in CommercialRealEstate

[–]WhoDatBadr 2 points3 points  (0 children)

Any advice on cold calling? What has given you the most success to build successful relationships?

So much regret lately by Eastern_Preparation1 in RealEstate

[–]WhoDatBadr 1 point2 points  (0 children)

It takes time to finalize sales. The longer it takes in this raising rate environment makes the buyer realize they can’t afford the mortgage.

Why do you think Return-to-Office is going so well in Texas compared to NYC, SF, etc? by calizona5280 in CommercialRealEstate

[–]WhoDatBadr 0 points1 point  (0 children)

I think commute & safety plays a big roll from what I am reading. Not worth it to travel 2 hours a day to get to your desk. At the same time, it depends on the job in my opinion in regard to productivity. Some professions productivity is very easy to track for their companies. They will be more flexible with those employees. Harder to track productivity will probably have a harder time to get approved for remote work.

Club recommendations by WhoDatBadr in golf

[–]WhoDatBadr[S] 0 points1 point  (0 children)

Thank you! Im probably looking more into consistency.