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18 October 2024 | 12 replies
I used to work in consulting for the robotic division at DHL Supply Chain.
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15 October 2024 | 1 reply
With the sellers, we agreed upon a down payment, a purchase price, a monthly payment with no interest, and a 10 year term loan with a balloon payment due at the end.
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17 October 2024 | 14 replies
Costs went up and revenues dipped or were stagnant due to increased supply.
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15 October 2024 | 2 replies
Have the term be for a 10 year balloon or so, and refinance it then.
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16 October 2024 | 4 replies
@Chris SeveneyThe long-shot play I became aware of; Capital Improvement Project Funding that the city/county have allocated for projects that meet 2 criteria.Have a lifetime greater than 10 yearsCost more than $50,000I believe, even if the water and refuse collection run is only 1000 ft, that may not qualify but to do it "right", that two mile run would allow the entire subdivision to be supplied with services.
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14 October 2024 | 1 reply
The 'sales price' is $600,000 (any outrageous number), but the balance on the sales price (600k - 12*2000) is due as a balloon payment on month 13.
15 October 2024 | 3 replies
.- Most of the deals that came our way were for 60-70yr old wood frame buildings, that had been owned by their current owner for 25+ yrs, and we felt there was a definite risk that the economic viability of the asset was less than our planned (buy and hold) time horizon, and we were also highly skeptical of the insurability of some of these buildings or that the cost of insurance would not balloon once the ownership transition forced the insurers to reassess the building.Ultimately we pivoted to retail/light commercial mixed use properties.
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16 October 2024 | 11 replies
The market determines price based on supply/demand and if you think there's not enough supply - then go ahead and increase the price.
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16 October 2024 | 13 replies
Cleaning and supply fees have stayed about the same for me.
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15 October 2024 | 0 replies
Some would consider warehouses to be the backbone of today’s supply chain.