Bummed I missed today’s call - the feedback and suggestions in this community from Shane are pure gold! Nice info on the “clean out” website you found!!!

Hello all. I am at the end of a deal that I need help to close. *This is time sensitive* I'm looking for a partner on this deal. It could be either as a debt partner or an equity partner. As a debt partner, you would get an agreed upon interest payment either monthly or at the end of 12 months. As an equity partner, you would be a partner in the deal. We could discuss what that looks like. The $110K would be for closing and closing costs of the loan. High level: The deal is in Pine Bluff Arkansas. It is currently 58% occupied, it's 152 units, current NOI $8,505, projected NOI $62,457. PP $377,500 it appraised for $480K in as is condition. This is close to turnkey as possible. I personally have $32,500 at risk in the deal. Click the link below for pictures of the facility. We can setup some time to go over my underwriting for this deal. Business Plan: Increase occupancy, raise rents to market, remove 3rd party management, Tenant insurance mandatory, reduce internet and website charges. Repaint for branded color scheme (doors only), new signage. https://drive.google.com/file/d/1yGklEazzrQaZcT8iQqt5hKyx5TmTsMyd/view?usp=drive_link

Question for current facility owners. Shane and I have never had a problem allowing our any of our BOG to have a free unit (depending on occupancy, of course). It gives them a different prospective utilizing the facility as a customer as well as an employee. Do any of you do this? If so, what issues have you experienced? Positive or Negative..

Something most people miss: You don’t rise to your goals. You fall to your standards. This week’s question: What standard in your life or business needs to be raised if you’re serious about building something bigger? 👇 I’ll kick it off below.

Anyone have painting done recently and have a recent quote they can share on price per sf?