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24 August 2012 | 6 replies
Don't go inside a restaurant unless you work there.
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6 August 2012 | 17 replies
My "day job" is buying, selling, and auctioning restaurant equipment, so I have my own refrigeration subs and can buy the equipment wholesale.
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18 September 2012 | 5 replies
For example if you owned a storefront or restaurant and it was forced to close that could justify an argument to the IRS.
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23 September 2012 | 16 replies
As far as the Canadians, Mexicans, Hedge Funds and Investors from out-of-state go, well - they're still welcome here in my book.
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23 September 2012 | 21 replies
It's all subjective on a case by case basis.For instance one owner I know owns a multifamily complex of ranchers single story (over 100 units) on about 12 acres.Over the years retail commercial has built up all around it.The owner hasn't raised rents in 3 years.90% of the community is 55 and older even though it is not designated for that.The owner keeps it filled and does minor things to maintain it.Eventually it will probably be torn down and sold off for redevelopment.Knowing that it doesn't make sense to really over improve it and increase the rents.When buying a multifamily building you have to look at many factors and where it is located to determine what your plan will be.I like upping the rents slightly so that you get the increase but are still below market.As other shave said for someone to move and pay deposits and moving fees etc. they won't do it for a small amount.It's like a restaurant upping a burger 25 cents.You won't be happy about it but will deal with it.Up the burger at once by 1.00 and many might look for another place to eat.
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25 September 2012 | 5 replies
Meeting at a coffee shop, bar or restaurant and getting to know the others helps all in the group.
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28 September 2012 | 15 replies
Because our host is a restaurant and is slow on a Tuesday, we did considerable marketing encouraging people to join us for food and drink.
22 October 2012 | 2 replies
Joe before getting into commercial real estate I was in the restaurant industry for over 10 years.I was a manager and eventually an owner of my own place.How much money do you have to invest??
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19 October 2012 | 12 replies
Yes I agree there is risk, but when the risk is virtually non existent, it's not worth even speaking about...yes, McDonalds and any restaurant can be at risk for serving HOT coffee and customer spilling such coffee on themselves...lawsuits could abound...but there are way's to virtually eliminate risk, even if a liberal judge on a mission, deciding in favor of a frivolous lawsuit, putting the hammer down on all those greedy and deceitful investors.
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2 November 2012 | 19 replies
We list on there commercial listings such as 12 unit complex, vacant restaurants, and etc.