All Forum Posts by: Chris Blackburn

I am digging in. We have put some infrastructure in for chargers in our new apartment builds, but I want to explore the plan and synergy for Supercharger locations and the RE that can benefit from it. Does anyone else have data? I found this person on biggerpockets... Maybe install 100 locations and sell off to a specialized REIT?

Alexander Vais

• Developer
• Midwest, South and national

Posted 2 years ago

Hi I’m a business Dev executive looking to partner with commercial retail owners and REITS to strike long term lease agreements installing high speed 50kw-250kw charging stations. Over the last two years I have personally secured 100+ contracts leading to the installation of 440 high speed charging stations in multiple states. We cover all costs, meter utilities separately and pay out a lease payment for parking spaces and gross revenues on all chargers installed.

The benefits to owners;

Transforming a class B property to class A by offering chargers. Increasing the value of your property.

Driving traffic and revenues to your tenants.

Future e-mobility and smart charging opportunities that will allow you access to data that can inform critical development, marketing, leasing and property management decisions.

Please don’t hesitate to reach out with questions.

Cheers

Maybe I should have a blog that shows the projects that we have done, what we are currently building, and what we have scheduled in the future.

Yes, banks are using DSCR (Debt Service Coverage Ratio) 1.3+, and we are seeing below 70% LTV with our projects. If I were you, skip the multifamily and do micro-flex. 500-1000 sq ft warehouse spaces in a larger building. 1 man door, 1 roll-up door, 1 shared bathroom. Offer free wireless. You will get a lot of small start up businesses, contractors etc. They will need more parking than you can provide. Not sure what the rates are, but $1-2 a foot for a tin can warehouse has very upkeep. No evictions. Lots of demand. If you really want to make a dent, get a piece of property with extra land to build on. Give each space an actual address, and you are really making some headway. (Of course, mini-storage is great and i have some other amazing solutions, but that is another story) Oh, have I done this? Yes, I have. I find adaptive reuse a great opportunity as well. Currently converting an old cannary, fruit processing company, low security prison (this is a big one!).

@Robert Carlson  Looks like you are putting together a team you can rely on.  You cannot do everything yourself,  so find members who can do it better than you.   Some, you stick with, no need to change if they are good, and they know your strengths/weaknesses, (Attorney). A good banker is wonderful, but can trap you if they are your only solution, (We use a GREAT concierge banker that goes out to multiple solutions) (We used to be trapped by Wells Fargo:(   Thank you Robert-  Great post!

Does anyone care to post what they are currently putting in front of their investors?

 Thank you! Let me run it through the program!

@Jay Hinrichs  We have danced between architects and draftman.  These are small lots with an Advantex septic, so a bit challenging.  I am pushing for some modern units.  Thought about the seafoam green, or the Coastal Light blue, but maybe too bold.  A bold-colored door will help.   Yes- I like the farmhouse white and black.. We did this one: https://www.zillow.com/homedet...  it turned out pretty well.  

Not trying to get anything for free.  Just a lot of talented people.  I think @Jay Hinrichs is part of a worthy group to support if the BiggerPockets family helps me out!  (FYI, I hate the green one) .  (Also- It is hard to find a more supportive and knowledgeable group than what is found at BiggerPockets..  To the BP team- Thank you!

We have a small older subdivision in Neskowin, Oregon. We are putting some cottage homes in as well as some modern ones.   We are looking at the paint decisions and since women make 80% of a home-buying decisions, looking for someone whose brain naturally or through years of study, put together the perfect paint combinations on new homes.     Included is the home we are currently in need of painting.  Note: since I was not micromanaging this project, I realized we could have improved the facade, added stone, used a bellyband, wider trim and some shake siding accents the below the gable.  (Thank you value builder:(       (Yes- these are ocean view)

Thank you Dan!