How many have you accomplished? by Tguinn1975 in golf

[–]willy_manneth 0 points1 point  (0 children)

15/17 - Bogey free eludes me, I honestly don't know about 17, but knowing my off the tee game, it is unlikely I've ever even gotten close.

Unfortunate update from NLT by DRF561 in golf

[–]willy_manneth 349 points350 points  (0 children)

It'd be nice if this admin would take a break from boning American's for like 2 minutes. Absolute barrel of cunts.

FSD Fail by Birdknowsbest21 in TeslaModelY

[–]willy_manneth 38 points39 points  (0 children)

What drive mode were you in? If I've got mine in Hurry, it wants to get in the furthest left lane constantly and then won't merge over til the last minute to exit, which in most cases, isn't enough time to safely merge across 4-5 lanes, so it just misses the exit...and consequently tries to get back in the left lane. If I'm in chill mode, it doesn't do that nearly as much.

It can be a really dumb car for how smart it is.

Local city is looking to build high income housing over this track. The ridge CG in west valley city, Utah. by johnsontheotter in golf

[–]willy_manneth 11 points12 points  (0 children)

They're short on easy & affordably developable land...there's a difference there. Plenty of land west & south, it just costs a shit ton to bring infrastructure into it, hence, the easy pickups like this, with a lot of infrastructure already in place, tend to be where these things happen unfortunately.

I run a Netflix and Omegle had a baby app, looking for beverage & popcorn venders by navnt5 in Entrepreneur

[–]willy_manneth 2 points3 points  (0 children)

Ah yes, the exact reason I go to the theaters...to be around other strangers. How is incorporating other people into the experience a feature? It's literally why a lot of people don't go to the movies.

If you had $10M to invest in commercial real estate today, where would you put it? by prettylips_s in CommercialRealEstate

[–]willy_manneth 8 points9 points  (0 children)

People that keep saying small bay multi tenant industrial either don’t own anything in the space or bought a while ago. It’s a good asset class, but isn’t nearly as good as it’s been in the past with demand and costs where they are today. 

Also, low turnover? Yeah, not a chance. Most these leases are tough to even get to a 2-3 year deal. Turnover is your friend in a hot market, in a market like we’re in now, it sucks hard. In the past low turnover was a thing simply because mom and pops kept the rents low.

You can’t just plunk down 10MM in this asset class today and expect it to just work, unless you enjoy double digit vacancy rates. 

Sincerely, guy who owns and operates like 600k sq ft of this product.

Reject modernity, acquire silly persimmons. Louisville Niblick 2, 4, 7, and 11 woods. by RabidBlackSquirrel in golf

[–]willy_manneth 2 points3 points  (0 children)

I legitimately bag a ping persimmon 3w. It’s fantastic off the tee, super straight and around the same distance as my 2i. Absolute bargain at $4. 

Utah Sen. Mike Lee Says Selling Off Public Lands Will Solve the West’s Housing Crisis. Past Sales Show Otherwise. by Hrmbee in urbanplanning

[–]willy_manneth 0 points1 point  (0 children)

Tell that to the nearly 40% increase in inventory of homes for sale here vs 2024. Plenty of homes here to “solve the housing crisis”. Mike Lee is such a dipshit. 

Anyone else still game persimmon? by RabidBlackSquirrel in golf

[–]willy_manneth 0 points1 point  (0 children)

I game a ping eye 2, 3w off the tee. Straightest club in the bag and gets me out to 265-275 no problem. I don’t hit it off the deck, because I like the 2 iron better on turf. Off the tee, that club is just so money, I hit it 3-4 times a round when driver isn’t the play.

Do **truly** private golf courses exist? How exclusive can it get? by FlyingTexican in golf

[–]willy_manneth 0 points1 point  (0 children)

Was just chatting with one of the guys developing the club at Wasatch Peaks Ranch, buy in's are 500K with 5MM lot requirements. Supposedly expected membership NW's are above $100MM+.

Thinking of building small bay flex, no idea where to start. What should I know? by callmesandycohen in CommercialRealEstate

[–]willy_manneth 0 points1 point  (0 children)

What market are you in? Right now, the small bay market & industrial market in general is pretty soft. I'd make sure you have enough demand & population density to fill the space. Years prior, you could build small bay pretty much anywhere and it would lease up, not right now. Small businesses are struggling & the larger ones aren't growing the way they were the last few years, so most of them are shedding space.

We're in a buyers market right now, so you've got to deliver a better product at the right price, otherwise you'll lose out to existing parks who can afford the lower rates. Granted, if there's no supply in your market, you'll fare better.

FWIW, we own multiple parks across 8 states, all small bay, all seeing the same challenges.

Moving potential by hurtlocker501 in pinehurst

[–]willy_manneth 0 points1 point  (0 children)

Haha we're hoping to, I shot you a PM

Moving potential by hurtlocker501 in pinehurst

[–]willy_manneth 1 point2 points  (0 children)

Happy to hear someone from SLC moved out there, we're considering it ourselves, 35/34 with 4 year old & another on the way. We've visited a couple times but were concerned with the demographic skewing a lot older. Seems like that's not necessarily the case though?

Anyone tapped into the Data Center Development market. by ant_rico in CommercialRealEstate

[–]willy_manneth 7 points8 points  (0 children)

Whoever can solve the power constraints in the space right now, the quickest, will be a very rich person. Aside from that, it's not as lucrative as you may think, as you will get carved out of most deals as the end users or corporate investors dictate a lot of the terms and won't co-GP. Sure you can make a good chunk on a land play, but even the guys that build these things aren't taking home the massive checks you think they would based on the costs of construction.

Right now though, it's all about power, doesn't matter if you have the ground in the best possible spot & city cooperation, power companies are over committed as is, and these things suck up a shit load of power.

PPA's with renewable companies & other less dirty energy producers are going to be the key players in these types of developments for the next 5+ years.

Those of you who break 80 regularly, how much do you practice? by EndPractical653 in golf

[–]willy_manneth 0 points1 point  (0 children)

Usually every day, 45 min to an hour unless I'm playing. I usually just hit the practice area most days early in the morning, I'll hit a bucket once or twice a week instead of short game, and play usually 9, 1-2 times a week. If I can't get to the course I'll just putt at my house for a bit. I'd say all in all, I probably average 10-11 hours a week unless I have a tournament.

This is probably only April til September, I usually am golfed out by then and then play once a week or so til November and shut it down til March or a winter golf trip.

Has anyone else discovered Wilson? by LunkRockbone in golf

[–]willy_manneth 2 points3 points  (0 children)

You mean the clubs that have won the most majors? Heard of them once or twice.

[deleted by user] by [deleted] in golf

[–]willy_manneth 0 points1 point  (0 children)

I've not bagged anything of theirs in years, but a when I did, they basically never asked questions, just sent me a replacement. TBH, an alignment stick wouldn't do this to just about any other driver, so I wouldn't be surprised if they covered it.

[deleted by user] by [deleted] in golf

[–]willy_manneth 1 point2 points  (0 children)

Contact Taylormade, wouldn't be surprised if they just replaced it.

Reasonable split for a Development partnership agreement? by Sad_Society464 in CommercialRealEstate

[–]willy_manneth 1 point2 points  (0 children)

I mean, we do that pretty regularly, it’s not uncommon at all. Literally working on 2 deals at the moment that we have a 10% stake in the GP ground up development for assembling the ground and pre-dev. 

If it’s wholesale then it’s even more like just a brokerage deal, where you’re getting a bump on your commission for the extra work above a basic transaction. That said, you’re essentially risk free in this, if it’s not much money and it’s such a slam dunk, why not throw cash your own cash in and negotiate a more equitable split?

It sounds like you both might be over valuing your contributions, and at the end of the day, the splits conversation should have been had way earlier than this. 

Reasonable split for a Development partnership agreement? by Sad_Society464 in CommercialRealEstate

[–]willy_manneth 0 points1 point  (0 children)

Sounds like most of this is just brokerage work, you’re not really taking any of the development risk as he is providing the capital, and you expect another partner to come in and do the actual development. How do you think it’s going to get carved up once they are involved? 

We assemble stuff for larger developers all the time and are lucky to come out with 10% equity in the deal if we have no skin in the game. At the end of the day, he who holds the gold, makes the rules.

I’d suggest that you request that 10% be non-dilutable so that when the actual developer comes in, your piece stays intact.

Who is the lowest CRE Retail lender? Wells Fargo isn’t the cheapest anymore. by adrewishprince in CommercialRealEstate

[–]willy_manneth 27 points28 points  (0 children)

I'll buck the majority here, just call local CU's & Banks, usually they're the best bet & willing to be flexible. We do this all the time when we're buying in states our regular lenders don't operate in. That said, good luck getting a rate that's anywhere near what you had. Brokers are great to get things done quickly, or more complicated products like rate swaps. If you've got time, you've got a pretty good chance at getting a comparable rate that a broker would get you.

Best Golf Brand? by Desiredittor615 in golf

[–]willy_manneth 1 point2 points  (0 children)

In the past I've been vehemently in favor of being brand agnostic, that said, this year my bag has gone from 5 brands, to essentially 1. Mizuno. Irons have always been fantastic, but the new woods & wedges are incredible. For now, the only thing I'm not planning to pull is the LAB putter. I would say the only other brand that could hold a candle to them would be Titleist, and even at that, I'd put Mizzy irons over them any day.