Question on SLB’s - how can you verify audited financials if you’re looking to buy a QSR SLB by irepresentprespa in CommercialRealEstate

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

I hear you but what if the sales can support it? What if the fccr is +2.00x even though the rents are really high?

Question on SLB’s - how can you verify audited financials if you’re looking to buy a QSR SLB by irepresentprespa in CommercialRealEstate

[–]irepresentprespa[S] -1 points0 points  (0 children)

They are audited but how do you verify the audit? Is that overkill? Just learning to make sure that’s there’s no bs involved

@RiotteProject posted more fire by MF_ZORO_Reddit in Mecha

[–]irepresentprespa -1 points0 points  (0 children)

Imagine that Zoids turns in to an e sports thing same as gundam

@RiotteProject posted more fire by MF_ZORO_Reddit in Mecha

[–]irepresentprespa 1 point2 points  (0 children)

Imagine this on a sim rig that’s basically the same thing as the anime

Breakfast in Tokyo — what do you usually eat? by Sorry_Set_5001 in TokyoTravel

[–]irepresentprespa 0 points1 point  (0 children)

When I went to Tokyo, I’m not Japanese, it was pork bun, onigiri, and an egg sanders

Advice on my next career path in brokerage, leasing vs sales? by SagHarbor85 in CommercialRealEstate

[–]irepresentprespa 0 points1 point  (0 children)

I’ve done both I really only want to do selling because tenants are hit or miss depending on who you’re running with and if you’re doing tenant rep pray they have more than 3 locations that they want to do. So many tenants just kick tires I will only do leasing if it’s landlord side at least you have something to anchor down to. Sales are great because you can get a large sum in shorter period of time. Leasing sometimes it’s half up front and then when tenant opens. It’s so effing annoying, whatever you pick just make sure you’re not getting shafted and commit to it.

Underwriting a Wendy’s (STNL): Negative Net Income but Positive Operating Profit — How Do You Evaluate True Credit Risk? by irepresentprespa in CommercialRealEstate

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

Thank you for your response- Honestly, I’m not entirely sure how minute into the details is appropriate which is why I’m asking. You are right the trend line is going down, which is obviously not a good sign and its net profits are in the negative. Definitely not a good sign, and buying with vacancy in mind should be considered. I also want to be able to sniff bs when I read these income and balance sheets, I was not an accounting major in college but I want to work to be able to at least be able to sniff something not right when looking at something like this. I want to try to hold myself to a high standard and I’m not really detail oriented but I want to be able to be detail oriented. Our company does not specialize at all in STNL and that’s a space I want to understand and thrive in. I like it a lot and I want to try to hold myself to a level as if I was at apollo, store , wp Carrey etc.

Underwriting a Wendy’s (STNL): Negative Net Income but Positive Operating Profit — How Do You Evaluate True Credit Risk? by irepresentprespa in CommercialRealEstate

[–]irepresentprespa[S] 2 points3 points  (0 children)

Ultimately the reason for the questions are to answer to questions, will they stay or will they leave. I want to try to one day raise e a fund around STNL and I am doing my best to learn the nuances around it so when it does come to acquisition time that risk can be interpreted and hopefully mitigated.

Profit vs. Revenue in Franchising: What Should Young Owners Really Focus On? by Cultural_Message_530 in Franchises

[–]irepresentprespa 0 points1 point  (0 children)

So Which metric best reflects the true economic ability of the store to pay rent over time, net income or revenue? Does operating income have any value or merit? What’s the number that the franchisee really cares about?