All Forum Posts by: Jon Klaus

My last few builds in Austin have cost over $100psf to build. One was over $130psf.  Costs have really jumped in the past 5 years.  I don't see them dropping much in a slowdown, given all the city restrictions.  

Agree with the others that TREC commercial lease really isn't a fit for NNN. It will be well worth paying for a few hours of a CRE attorney's time to get a good lease and to learn your options. Though you might wait until you are engaged with a tenant as their needs could be unique. And ask your broker for options and education, too.

How much are you asking in rent, Clyde?  What kind of lease?

Yeah, about time for an update, isn't it, Chris?

 But if the banks stop lending again, it will take cash. I don't think that many individual investors are loaded up at this point in the cycle.  

Gary, where do you see oil's price in a year?

I just bought some Vanguard Energy Fund shares in an IRA. May buy some more if it keeps dropping. Other stocks are looking attractive, too.

Great job, Bill.  Pretty cool about Ron Howard and Bette Davis.  Did you use that info in marketing?   Where is flip number two?

Have you approached each adjoining neighbor to make them an offer they can't refuse?  Have you protested the tax appraisal showing them the true market value?