All Forum Posts by: Larry Flanagan

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Google voice was the ticket. I'm all setup with GV and AnswerAmerica. We'll see how it works out...

I have not been able to answer my phone more & more lately, which means I miss calls and quite often the callers dont leave a message. I am wondering if there is a solution where if I dont answer my phone, and the caller is not in my contact list (android), the call would get forwarded to an answering service. Callers that are in my contact list like my wife, etc can just go to regular voicemail. Ever seen anything like that?

I think the number is closer to 4% of gross sales.

I always wondered how these establishments forecast revenues for a potential location and how accurate they are. There are so many variables to consider.

When you submit your site plan to prospective tenants, do you also propose a rent?

I actually was going down this exact path a few months ago but I never located a suitable dollar store site at a sensible price. But I was not looking at it from a development standpoint, only as a land deal.

How much land do you get in your market for $285,000? Does that include demo?

Leaving room for price negotiations with the seller is a good idea - its probably worth $8/sf but they want $10/sf, you say fine give me some time to see if I can make $10/sf work. But what do you tell the tenant regarding land/development cost?

How do you build it - they just tell you their requirements and you get some bids?

How much cash will you need to come up with to get your construction loan?

It may be worth getting your RE license to earn half the acquisition, lease & sale commissions.

Yes interest rate is silly low. Yes buyer gets title. If default, respossession is approx 60 days.

I'm not trying to get anyone interested.

This is a CFD.

Balance is $100k, collateral is $150k.