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17 January 2024 | 5 replies
It is not likely to go belly up mid transfer which is what happened a few years back with another payment processing company.
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18 October 2016 | 6 replies
BP membership- I'd toss under duesAny books- education expense Any thing that directly relates (don't get crazy, I had a guy try to deduct jamba juice because he could think more clearly with healthy foods...um no.
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10 February 2023 | 47 replies
On the flip side some newbies who don't want headaches go A/B class but don't buy a cash flowing deal (and my market has next to zero appreciation) and realize the juice isn't worth the squeeze as they're riding the line between little cash flow and paying repairs out of pocket.
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30 January 2024 | 2 replies
The juice may not be worth the squeeze for an entire rehab.
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3 February 2020 | 8 replies
Here is an example of a deal:9,200 sq ft Retail Development$3,400,000 Total capital required$866,000 Equity (raised by me)$2,534,000 Debt$4,400,000 Sales price $220,000 Closing costs$2,534,000 Debt repayment$80,000 Developer fee$80,000 Guarantor feeNET FROM SALE $1,486,000$866,000 Equity repayment$138,560 Pref for 2 years (8%/year)$481,440 Remaining funds to distributeFrom here 50/50 split to developer and investors$240,720 to developer$240,720 to investors43.7% total return on investors equityNow, for sources and uses:$85,000 Architect/engineering $65,000 Permits/Platting$1,400,000 Construction costs (this is where they would be squeezing some nice juice for themselves)$50,000 Administration feeOther sources and uses but not going to list all...At a $1,400,000 construction cost, and with the permit/engineering/design fees I would expect a ~$400,000 profit for the builder.
28 August 2019 | 316 replies
Account Closed, "deal belly to belly with these people."
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7 February 2024 | 1 reply
@Mason Bell I would be more specific to avoid the possibility that the agreement could be avoided or declared unenforceable due to vagueness.
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8 February 2024 | 3 replies
That juice may not be worth the squeeze.
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15 November 2021 | 13 replies
It is filled with small snacks, a few bath bombs, maybe a small notepad and some kind of sparkling juice.
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28 October 2023 | 55 replies
@JD Martin I'm sure you will remember this one...Name that tune :-)"As we celebrate mediocrity all the boys upstairs wanna seeIs how much you'll pay for what you used to get for free" Tom Petty, the last DJ :)And you're right, I think some of those prices are crazy but if they can get 'em then I say god bless 'em and move along.. our rates in 4C are pathetic right now and I wouldn't mind having somewhere to juice the goose so to speak.