What a feeling to be financially free at 56 yrs old and to focus on me RE management of the assets, expansion, and disposition (refi) at the moment!!! 

When I discussed expansion, I realized that I had more and more questions and asked if he would consider being a bit more than a contractor.

@Jon Schwartz1) To begin with 3 million FMV in California captures innumerable small business owners standing entirely on its own, but if that weren't bad enough, the valuation standard is actually aggregated across all properties owned so it's not in fact in excess of 3 million per property making it much worse still.2) Commercial properties have a very suspiciously expansive scope in the initiative (the devil is in the details, as is typical, and here as well) thus capturing both mom and pop businesses and in many cases even agriculture.3) Unsurprisingly those proffering the provision have acknowledged it is but a first step, once they get their foot in the door with passage of the initiative they will shoot for full repeal of Prop 13 targeting all real estate owners.4) But you make a really great point, sell it as tax on fat cats (while in reality it's scope will hit many many small businesses) makes it palatable to a largely uninformed electorate and further softens them up for delivery of the really big hammer when they shoot for full repeal of Prop 13.

I know here in Galveston not a tremendous amount make it to the auction as we have lots of door knockers that will go to houses as soon as the list is posted to try to scoop it up beforehand but you might have great luck in the other areas.The only other point that pops into my head is to look at the market expansion rates.

Keep in mind there is a 4 billion dollar railroad expansion coming this way with construction work for the next 5-6 years.

I am looking into expansion potential.

In a growth/expansion phase for REI I am never going to let equity sit untapped past yr 7, so the 3yrs is a non issue.

This submarket’s inventory expansion rate since 2012 is 44.1%.

If you take a loan against your business and use it for personal expanse, the interest is not deductible. 2.

The expansion of an existing facility is always more profitable thanthe initial purchase or build.A.